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
₴19282
₴23571
₴13807
₴18218
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
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.

-
-
-
3 381
trade
-
-
-
5 353
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
14 273
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.

-
-
-
785
total
-
-
-
23 792
Employee

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

18 929
-
57 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 381
-
3 381
-
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.

529
-
14 273
-
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.

29
-
785
-
total
3 939
-
18 439
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 071
57 000
-
-
income
5 710
8 550
-
-
chamber of commerce
130
157
-
-
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.

314
471
-
-
trade
5 996
8 978
-
-
total
12 150
18 156
-
-
Dividends
25 922
38 845
-
-
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.

346
524
-
-
withholding
6 293
9 523
-
-
total
6 639
10 047
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 728
28 203
18 439
23 792
After tax
34 272
28 797
38 561
33 208
Living cost
14 990
14 990
14 990
14 990
Free-cash
19 282
13 807
23 571
18 218

Estimated living cost  is ₴14990 per week

₴9429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3533
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
₴9691
₴9188
₴10114
₴8740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
613
municipal
-
-
-
6 022
pensions
-
-
-
6 840
national
-
-
-
9 331
total
-
-
-
22 806
Employee
39 459
-
49 276
-
pensions
1 578
-
1 971
-
municipal
4 874
-
6 242
-
national
7 552
-
9 673
-
total
14 004
-
17 886
-
Employer
39 459
-
49 276
-
pensions
3 157
-
3 942
-
social contributions
424
-
530
-
total
3 581
-
4 472
-
Corporate
11 356
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%.

2 271
11 400
-
-
total
2 271
11 400
-
-
Dividends
9 085
45 600
-
-
withholding
1 999
10 032
-
-
total
1 999
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 855
21 432
22 358
22 806
After tax
35 145
35 568
34 642
34 194
Living cost
25 454
25 454
25 454
25 454
Free-cash
9 691
10 114
9 188
8 740

Estimated living cost  is ₴25454 per week

₴17301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴381
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.
₴5406
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
₴31245
₴21747
₴35304
₴20048
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
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
income
-
-
-
8 331
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
26 656
Employee
14 461
-
45 935
-
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.

1 591
-
5 053
-
income
2 574
-
8 839
-
surtax
-
-
-
-
total
4 165
-
13 892
-
Employer
14 461
-
45 935
-
surtax
-
-
-
-
social contributions

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

3 483
-
11 065
-
total
3 483
-
11 065
-
Corporate
39 055
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%.

7 811
11 400
-
-
total
7 811
11 400
-
-
Dividends

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

31 244
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 459
11 400
24 957
26 656
After tax
41 541
45 600
32 043
30 344
Living cost
10 296
10 296
10 296
10 296
Free-cash
31 245
35 304
21 747
20 048

Estimated living cost  is ₴10296 per week

₴6569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴2513
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
₴4005
₴9185
₴7039
₴11835
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
health
-
-
-
6 103
income
-
-
-
12 532
pensions
-
-
-
5 798
total
-
-
-
24 433
Employee
42 263
42 263
48 506
-
pensions
7 607
5 798
5 798
-
health
6 487
5 518
5 874
-
income

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

6 918
6 918
6 918
-
total
21 012
18 234
18 590
-
Employer
42 263
42 263
48 506
-
pensions
2 942
2 942
3 376
-
health
2 938
2 938
3 371
-
unemployment
1 521
1 521
1 746
-
total
7 401
7 401
8 493
-
Corporate
7 855
7 336
-
-
income
1 571
1 467
-
-
total
1 571
1 467
-
-
Dividends
6 283
5 869
-
-
income
1 336
1 247
-
-
withholding
943
880
-
-
total
2 279
2 127
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 263
29 229
27 083
24 433
After tax
24 737
27 771
29 917
32 567
Living cost
20 732
20 732
20 732
20 732
Free-cash
4 005
7 039
9 185
11 835

Estimated living cost  is ₴20732 per week

₴14693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴3841
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
₴10398
₴9884
₴10852
₴10264
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
accident
-
-
-
89
health
-
-
-
2 772
municipal
-
-
-
13 160
pensions
-
-
-
4 802
other
-
-
-
5 162
unemployment
-
-
-
44
national
-
-
-
437
total
-
-
-
26 466
Employee
28 883
-
43 372
-
municipal
8 613
-
12 934
-
national
-
-
285
-
total
8 613
-
13 219
-
Employer
28 883
-
43 372
-
pensions
3 122
-
4 688
-
other
3 356
-
5 040
-
health
1 776
-
2 667
-
unemployment
762
-
1 145
-
accident
58
-
87
-
total
9 074
-
13 627
-
Corporate
19 042
57 000
-
-
income
4 189
12 540
-
-
total
4 189
12 540
-
-
Dividends
14 853
44 460
-
-
withholding
4 456
13 338
-
-
total
4 456
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 332
25 878
26 846
26 466
After tax
30 668
31 122
30 154
30 534
Living cost
20 270
20 270
20 270
20 270
Free-cash
10 398
10 852
9 884
10 264

Estimated living cost  is ₴20270 per week

₴13434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1989
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.
₴4539
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
₴16018
₴19119
₴9062
₴13528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 381
trade
-
-
-
5 591
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.

-
-
-
14 273
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.

-
-
-
785
total
-
-
-
24 030
Employee

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

25 098
-
57 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 381
-
3 381
-
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.

2 156
-
14 273
-
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.

118
-
785
-
total
5 655
-
18 439
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 902
57 000
-
-
income
4 785
8 550
-
-
chamber of commerce
120
156
-
-
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.

263
471
-
-
trade
5 248
9 377
-
-
total
10 416
18 554
-
-
Dividends
21 486
38 447
-
-
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.

286
518
-
-
withholding
5 183
9 424
-
-
total
5 469
9 942
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 540
28 496
18 439
24 030
After tax
35 460
28 504
38 561
32 970
Living cost
19 442
19 442
19 442
19 442
Free-cash
16 018
9 062
19 119
13 528

Estimated living cost  is ₴19442 per week

₴13003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴4099
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
₴23578
₴23350
₴25629
₴23978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 007
health
-
-
-
1 454
income
-
-
-
7 509
total
-
-
-
16 970
Employee
38 056
38 056
51 782
-
health
378
647
880
-
social contributions
1 849
3 158
4 260
-
income
3 996
3 523
7 240
-
total
6 223
7 328
12 380
-
Employer
38 056
38 056
51 782
-
health
412
704
958
-
social contributions
1 849
3 158
4 260
-
total
2 261
3 862
5 218
-
Corporate
32 462
15 081
-
-
income
4 058
1 885
-
-
total
4 058
1 885
-
-
Dividends
28 404
13 196
-
-
withholding
4 828
2 244
-
-
total
4 828
2 244
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 370
15 319
17 598
16 970
After tax
39 630
41 681
39 402
40 030
Living cost
16 052
16 052
16 052
16 052
Free-cash
23 578
25 629
23 350
23 978

Estimated living cost  is ₴16052 per week

₴10973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
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.
₴3556
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
₴23074
₴23838
₴22882
₴30281
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
health
-
-
-
3 990
income
-
-
-
6 968
pensions
-
-
-
5 700
unemployment
-
-
-
855
total
-
-
-
17 513
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

13 290
5 289
47 699
-
unemployment
199
79
715
-
pensions
1 329
529
4 770
-
health
930
370
3 339
-
income
1 625
647
5 831
-
total
4 083
1 625
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.

13 290
5 289
47 699
-
pensions
2 591
1 031
9 301
-
total
2 591
1 031
9 301
-
Corporate
41 119
50 680
-
-
income
3 701
4 561
-
-
total
3 701
4 561
-
-
Dividends
37 418
46 118
-
-
social contributions
7 236
8 933
-
-
withholding
7 109
8 762
-
-
total
14 345
17 695
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 720
24 912
23 956
17 513
After tax
32 280
32 088
33 044
39 487
Living cost
9 206
9 206
9 206
9 206
Free-cash
23 074
22 882
23 838
30 281

Estimated living cost  is ₴9206 per week

₴6283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴1987
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
₴30571
₴20901
₴33646
₴18598
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
health
-
-
-
7 410
income
-
-
-
7 637
pensions
-
-
-
11 401
total
-
-
-
26 448
Employee
14 040
-
42 600
-
unemployment
224
-
682
-
pensions
281
-
852
-
income
1 581
-
8 213
-
total
2 086
-
9 747
-
Employer
14 040
-
42 600
-
pensions
2 808
-
8 519
-
health
1 825
-
5 538
-
unemployment
113
-
341
-
total
4 746
-
14 398
-
Corporate
38 215
57 000
-
-
income
7 643
11 400
-
-
total
7 643
11 400
-
-
Dividends
30 572
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 475
11 400
24 145
26 448
After tax
42 525
45 600
32 855
30 552
Living cost
11 954
11 954
11 954
11 954
Free-cash
30 571
33 646
20 901
18 598

Estimated living cost  is ₴11954 per week

₴8199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2803
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
₴2918
₴18761
-₴6467
₴27996
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
accident
-
-
-
127
health
-
-
-
1 099
income
-
-
-
14 411
pensions
-
-
-
2 096
other
-
-
-
187
total
-
-
-
17 920
Employee
17 436
-
49 413
-
pensions
1 963
-
3 844
-
health
1 996
-
5 658
-
income
2 392
-
10 066
-
total
6 351
-
19 568
-
Employer
17 436
-
49 413
-
pensions
2 835
-
5 551
-
unemployment
427
-
1 211
-
accident
291
-
825
-
total
3 553
-
7 587
-
Corporate
36 011
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.

32 410
51 300
-
-
total
32 410
51 300
-
-
Dividends
3 601
5 700
-
-
withholding
684
1 083
-
-
total
684
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 998
52 383
27 155
17 920
After tax
14 002
4 617
29 845
39 080
Living cost
11 084
11 084
11 084
11 084
Free-cash
2 918
-6 467
18 761
27 996

Estimated living cost  is ₴11084 per week

₴8124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴614
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.
₴2115
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
₴49323
₴41535
₴50085
₴52365
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
5 081
-
57 000
-
income
1 016
-
11 400
-
total
1 016
-
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%.

51 919
57 000
-
-
total
-
-
-
-
Dividends
51 919
57 000
-
-
withholding
2 596
2 850
-
-
total
2 596
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
3 612
2 850
11 400
570
After tax
53 388
54 150
45 600
56 430
Living cost
4 065
4 065
4 065
4 065
Free-cash
49 323
50 085
41 535
52 365

Estimated living cost  is ₴4065 per week

₴2519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴112
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.
₴1096
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
₴25348
₴19841
₴28691
₴17486
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
health
-
-
-
2 508
income
-
-
-
7 432
pensions

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

-
-
-
13 679
other
-
-
-
2 708
total
-
-
-
26 327
Employee
17 970
-
45 526
-
unemployment
179
-
456
-
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.

1 258
-
3 187
-
health
252
-
638
-
income
3 094
-
8 217
-
total
4 783
-
12 498
-
Employer
17 970
-
45 526
-
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.

3 055
-
7 739
-
other
899
-
2 277
-
health
252
-
638
-
unemployment
179
-
456
-
accident
144
-
364
-
total
4 529
-
11 474
-
Corporate
34 502
57 000
-
-
income
7 246
11 970
-
-
total
7 246
11 970
-
-
Dividends
27 256
45 030
-
-
withholding
1 907
3 152
-
-
total
1 907
3 152
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 465
15 122
23 972
26 327
After tax
38 535
41 878
33 028
30 673
Living cost
13 187
13 187
13 187
13 187
Free-cash
25 348
28 691
19 841
17 486

Estimated living cost  is ₴13187 per week

₴9318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴890
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.
₴2767
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
₴3797
₴2310
₴8053
₴7623
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
-
-
-
13 315
pensions
-
-
-
3 782
total
-
-
-
17 097
Employee
45 672
-
50 051
-
pensions
4 406
-
4 857
-
health
753
-
835
-
income
8 233
-
9 771
-
total
13 392
-
15 463
-
Employer
45 672
-
50 051
-
pensions
5 393
-
5 996
-
health
867
-
951
-
total
6 260
-
6 947
-
Corporate
5 068
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.

963
10 830
-
-
total
963
10 830
-
-
Dividends
4 105
46 170
-
-
withholding
308
5 837
-
-
total
308
5 837
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 923
16 667
22 410
17 097
After tax
36 077
40 333
34 590
39 903
Living cost
32 280
32 280
32 280
32 280
Free-cash
3 797
8 053
2 310
7 623

Estimated living cost  is ₴32280 per week

₴24188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3793
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.
₴4037
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
₴39949
₴39256
₴42247
₴37347
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
health
-
-
-
1 988
income
-
-
-
8 550
pensions

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

-
-
-
2 558
unemployment
-
-
-
69
total
-
-
-
13 165
Employee
8 591
-
53 609
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

754
-
1 518
-
health
395
-
795
-
income
859
-
5 361
-
total
2 103
-
7 864
-
Employer
8 591
-
53 609
-
pensions

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

947
-
1 905
-
health
593
-
1 193
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
total
1 686
-
3 392
-
Corporate
46 723
57 000
-
-
income
4 672
5 700
-
-
total
4 672
5 700
-
-
Dividends
42 051
51 300
-
-
withholding
2 102
2 565
-
-
total
2 102
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
10 563
8 265
11 256
13 165
After tax
46 437
48 735
45 744
43 835
Living cost
6 488
6 488
6 488
6 488
Free-cash
39 949
42 247
39 256
37 347

Estimated living cost  is ₴6488 per week

₴3788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2065
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
₴1573
₴2474
₴328
₴5124
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
health
-
-
-
6 103
income
-
-
-
12 532
pensions
-
-
-
5 798
total
-
-
-
24 433
Employee
45 884
42 263
48 506
-
pensions
5 798
5 798
5 798
-
health
5 724
5 518
5 874
-
income

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

6 918
6 918
6 918
-
total
18 440
18 234
18 590
-
Employer
45 884
42 263
48 506
-
pensions
3 193
2 942
3 376
-
health
3 189
2 938
3 371
-
unemployment
1 652
1 521
1 746
-
total
8 034
7 401
8 493
-
Corporate
3 082
7 336
-
-
income
616
1 467
-
-
total
616
1 467
-
-
Dividends
2 466
5 869
-
-
income
524
1 247
-
-
withholding
370
880
-
-
total
894
2 127
-
-
Income
57 000
57 000
57 000
57 000
Total tax
27 984
29 229
27 083
24 433
After tax
29 016
27 771
29 917
32 567
Living cost
27 443
27 443
27 443
27 443
Free-cash
1 573
328
2 474
5 124

Estimated living cost  is ₴27443 per week

₴20244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4434
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
₴22467
₴16560
₴26878
₴15396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
health
-
-
-
7 695
income
-
-
-
4 899
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
18 185
-
42 537
-
solidarity contribution
-
-
-
-
health
2 455
-
5 743
-
social contributions
1 182
-
2 765
-
income
2 182
-
5 104
-
total
5 819
-
13 612
-
Employer
18 185
-
42 537
-
health
1 637
-
3 828
-
social contributions
4 546
-
10 634
-
total
6 183
-
14 462
-
Corporate
32 633
57 000
-
-
income
6 200
10 830
-
-
total
6 200
10 830
-
-
Dividends
26 432
46 170
-
-
withholding
3 965
6 926
-
-
total
3 965
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 167
17 756
28 074
29 238
After tax
34 833
39 244
28 926
27 762
Living cost
12 366
12 366
12 366
12 366
Free-cash
22 467
26 878
16 560
15 396

Estimated living cost  is ₴12366 per week

₴8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2653
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
₴6945
₴5132
₴9529
₴7842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
14 661
municipal
-
-
-
339
regional
-
-
-
642
national
-
-
-
12 633
total
-
-
-
28 275
Employee
43 984
-
57 000
-
regional
415
-
563
-
municipal
233
-
302
-
national
7 621
-
10 900
-
social contributions
14 832
-
19 220
-
total
23 101
-
30 985
-
Employer
43 984
-
57 000
-
total
-
-
-
-
Corporate
13 016
57 000
-
-
municipal
507
2 223
-
-
nationa
3 124
13 680
-
-
total
3 631
15 903
-
-
Dividends
9 385
41 097
-
-
withholding
2 440
10 685
-
-
total
2 440
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 172
26 588
30 985
28 275
After tax
27 828
30 412
26 015
28 725
Living cost
20 883
20 883
20 883
20 883
Free-cash
6 945
9 529
5 132
7 842

Estimated living cost  is ₴20883 per week

₴14557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
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.
₴4636
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
₴23392
₴16349
₴24932
₴17285
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
health
-
-
-
4 047
income
-
-
-
11 698
surtax
-
-
-
1 536
pensions
-
-
-
11 400
other
-
-
-
-
unemployment
-
-
-
113
total
-
-
-
28 794
Employee
16 366
-
47 089
-
unemployment
1 139
-
3 278
-
pensions
1 091
-
3 141
-
health
418
-
1 201
-
income
2 743
-
10 811
-
other
-
-
-
-
surtax
54
-
1 388
-
total
5 445
-
19 819
-
Employer
16 366
-
47 089
-
pensions
2 182
-
6 277
-
other
-
-
-
-
health
745
-
2 142
-
unemployment
518
-
1 492
-
total
3 445
-
9 911
-
Corporate
37 189
57 000
-
-
income
9 669
14 820
-
-
total
9 669
14 820
-
-
Dividends
27 520
42 180
-
-
withholding
4 128
6 327
-
-
total
4 128
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 687
21 147
29 730
28 794
After tax
34 313
35 853
27 270
28 206
Living cost
10 921
10 921
10 921
10 921
Free-cash
23 392
24 932
16 349
17 285

Estimated living cost  is ₴10921 per week

₴6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
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.
₴2984
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
₴16857
₴12537
₴18280
₴17850
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
-
-
-
13 315
pensions
-
-
-
3 782
total
-
-
-
17 097
Employee
30 608
-
50 051
-
pensions
2 598
-
4 857
-
health
444
-
835
-
income
5 513
-
9 771
-
total
8 555
-
15 463
-
Employer
30 608
-
50 051
-
pensions
3 313
-
5 996
-
health
581
-
951
-
total
3 894
-
6 947
-
Corporate
22 497
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.

4 274
10 830
-
-
total
4 274
10 830
-
-
Dividends
18 223
46 170
-
-
withholding
1 367
5 837
-
-
total
1 367
5 837
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 090
16 667
22 410
17 097
After tax
38 910
40 333
34 590
39 903
Living cost
22 053
22 053
22 053
22 053
Free-cash
16 857
18 280
12 537
17 850

Estimated living cost  is ₴22053 per week

₴16522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1653
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.
₴3647
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
₴3423
₴4947
-₴13507
₴7774
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
health
-
-
-
129
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
regional
-
-
-
2 098
city
-
-
-
601
national
-
-
-
443
total
-
-
-
9 655
Employee
46 309
-
51 019
-
unemployment
-
-
-
-
pensions
3 891
-
4 285
-
regional
1 516
-
1 788
-
national
219
-
326
-
health
105
-
115
-
city
497
-
548
-
total
6 228
-
7 062
-
Employer
46 309
-
51 019
-
pensions
3 891
-
4 285
-
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.

926
-
1 020
-
health
105
-
115
-
unemployment
-
-
-
-
total
4 922
-
5 420
-
Corporate
5 261
57 000
-
-
regional
1 113
12 056
-
-
national
447
4 845
-
-
total
1 560
16 901
-
-
Dividends
3 701
40 099
-
-
withholding
1 296
14 035
-
-
total
1 296
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 006
30 936
12 482
9 655
After tax
42 994
26 064
44 518
47 345
Living cost
39 571
39 571
39 571
39 571
Free-cash
3 423
-13 507
4 947
7 774

Estimated living cost  is ₴39571 per week

₴25733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
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.
₴9802
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
₴13566
₴15889
₴5539
₴10060
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
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.

-
-
-
3 381
trade
-
-
-
5 829
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.

-
-
-
14 273
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.

-
-
-
785
total
-
-
-
24 268
Employee

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

29 743
-
57 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 381
-
3 381
-
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.

3 498
-
14 273
-
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.

193
-
785
-
total
7 072
-
18 439
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 257
57 000
-
-
income
4 088
8 550
-
-
chamber of commerce
114
155
-
-
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.

224
471
-
-
trade
4 674
9 776
-
-
total
9 100
18 952
-
-
Dividends
18 156
38 048
-
-
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.

239
513
-
-
withholding
4 351
9 324
-
-
total
4 590
9 837
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 762
28 789
18 439
24 268
After tax
36 238
28 211
38 561
32 732
Living cost
22 672
22 672
22 672
22 672
Free-cash
13 566
5 539
15 889
10 060

Estimated living cost  is ₴22672 per week

₴16559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
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.
₴4006
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
₴14718
₴17734
₴11797
₴15678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
1 624
health
-
-
-
1 468
income
-
-
-
6 491
surtax
-
-
-
-
pensions
-
-
-
13 040
other
-
-
-
1 767
total
-
-
-
24 390
Employee
21 181
-
45 779
-
pensions
2 395
-
2 460
-
social contributions
604
-
1 304
-
income
1 250
-
7 349
-
surtax
-
-
-
-
total
4 249
-
11 113
-
Employer
21 181
-
45 779
-
pensions
3 480
-
4 270
-
other
731
-
1 580
-
health
1 483
-
3 380
-
unemployment
857
-
1 854
-
social contributions
64
-
137
-
total
6 615
-
11 221
-
Corporate
29 204
57 000
-
-
income
8 177
15 960
-
-
surtax
-
-
-
-
total
8 177
15 960
-
-
Dividends
21 027
41 040
-
-
surtax
-
-
-
-
social contributions
3 617
7 058
-
-
withholding
2 692
5 253
-
-
total
6 309
12 311
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 350
28 271
22 334
24 390
After tax
31 650
28 729
34 666
32 610
Living cost
16 932
16 932
16 932
16 932
Free-cash
14 718
11 797
17 734
15 678

Estimated living cost  is ₴16932 per week

₴10677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4592
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
₴16223
₴19411
₴13474
₴17355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
1 624
health
-
-
-
1 468
income
-
-
-
6 491
surtax
-
-
-
-
pensions
-
-
-
13 040
other
-
-
-
1 767
total
-
-
-
24 390
Employee
18 907
-
45 779
-
pensions
2 139
-
2 460
-
social contributions
539
-
1 304
-
income
975
-
7 349
-
surtax
-
-
-
-
total
3 653
-
11 113
-
Employer
18 907
-
45 779
-
pensions
3 107
-
4 270
-
other
653
-
1 580
-
health
1 323
-
3 380
-
unemployment
765
-
1 854
-
social contributions
56
-
137
-
total
5 904
-
11 221
-
Corporate
32 188
57 000
-
-
income
9 012
15 960
-
-
surtax
-
-
-
-
total
9 012
15 960
-
-
Dividends
23 176
41 040
-
-
surtax
-
-
-
-
social contributions
3 986
7 058
-
-
withholding
2 967
5 253
-
-
total
6 953
12 311
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 522
28 271
22 334
24 390
After tax
31 478
28 729
34 666
32 610
Living cost
15 255
15 255
15 255
15 255
Free-cash
16 223
13 474
19 411
17 355

Estimated living cost  is ₴15255 per week

₴8847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1550
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.
₴4569
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
₴24538
₴25823
₴24282
₴26112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
7 866
health
-
-
-
3 978
income
-
-
-
8 550
total
-
-
-
20 394
Employee
16 780
-
57 000
-
health
1 171
-
3 978
-
social contributions
2 316
-
7 866
-
income
2 799
-
8 839
-
total
6 286
-
20 683
-
Employer
16 780
-
57 000
-
total
-
-
-
-
Corporate
40 220
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%.

2 011
2 850
-
-
total
2 011
2 850
-
-
Dividends
38 209
54 150
-
-
health
2 667
3 779
-
-
social contributions
5 273
7 473
-
-
withholding
5 731
8 122
-
-
total
13 671
19 374
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 968
22 224
20 683
20 394
After tax
35 032
34 776
36 317
36 606
Living cost
10 494
10 494
10 494
10 494
Free-cash
24 538
24 282
25 823
26 112

Estimated living cost  is ₴10494 per week

₴7023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2582
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
₴13622
-₴1111
₴14386
₴10806
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
health
-
-
-
4 361
surtax
-
-
-
98
income
-
-
-
10 488
chamber of commerce
-
-
-
228
pensions
-
-
-
10 545
unemployment
-
-
-
3 035
total
-
-
-
28 755
Employee
24 733
19 723
44 186
-
unemployment
742
592
1 325
-
pensions
2 533
2 019
4 525
-
health
957
764
1 710
-
income
2 816
1 455
9 280
-
other
247
197
441
-
total
7 295
5 027
17 281
-
Employer
24 733
19 723
44 186
-
chamber of commerce
99
79
177
-
pensions
3 104
2 476
5 545
-
other
1 175
936
2 099
-
health
934
746
1 670
-
unemployment
742
592
1 325
-
accident
321
256
575
-
surtax
98
98
98
-
payroll
742
592
1 325
-
total
7 215
5 775
12 814
-
Corporate
25 052
31 503
42 308
-
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.

6 263
7 876
10 577
-
total
6 263
7 876
10 577
-
Dividends
18 789
23 627
-
-
withholding
5 166
6 497
-
-
total
5 166
6 497
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 939
25 175
40 672
28 755
After tax
31 061
31 825
16 328
28 245
Living cost
17 439
17 439
17 439
17 439
Free-cash
13 622
14 386
-1 111
10 806

Estimated living cost  is ₴17439 per week

₴11631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴4034
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
₴6473
₴3706
₴13896
₴7872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
9 157
communal

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

-
-
-
2 870
national
-
-
-
19 056
total
-
-
-
31 083
Employee

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

35 401
-
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.

308
-
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.

2 655
-
3 312
-
national
10 884
-
14 323
-
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.

1 663
-
2 076
-
communal

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

1 846
-
2 303
-
total
17 356
-
22 398
-
Employer

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

35 401
-
44 149
-
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.

3 137
-
3 912
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 177
-
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.

517
-
644
-
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.

460
-
574
-
surtax
4 014
-
5 006
-
total
10 305
-
12 851
-
Corporate
11 294
57 000
-
-
income
2 259
11 400
-
-
surtax
45
228
-
-
total
2 304
11 628
-
-
Dividends
8 990
45 372
-
-
withholding

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

2 517
13 431
-
-
total
2 517
13 431
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 482
25 059
35 249
31 083
After tax
24 518
31 941
21 751
25 917
Living cost
18 045
18 045
18 045
18 045
Free-cash
6 473
13 896
3 706
7 872

Estimated living cost  is ₴18045 per week

₴11623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4562
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
₴16573
₴11665
₴20486
₴13405
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
accident
-
-
-
413
income
-
-
-
11 961
pensions
-
-
-
12 981
other
-
-
-
46
unemployment
-
-
-
321
total
-
-
-
25 722
Employee
24 635
-
43 221
-
unemployment
382
-
670
-
pensions
1 158
-
2 031
-
income
5 198
-
10 939
-
other
24
-
43
-
total
6 762
-
13 683
-
Employer
24 635
-
43 221
-
pensions
5 814
-
10 200
-
other
196
-
346
-
unemployment
1 355
-
2 377
-
accident
487
-
856
-
total
7 852
-
13 779
-
Corporate
24 512
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.

3 677
8 550
-
-
total
3 677
8 550
-
-
Dividends
20 835
48 450
-
-
withholding
4 263
10 091
-
-
total
4 263
10 091
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 554
18 641
27 462
25 722
After tax
34 446
38 359
29 538
31 278
Living cost
17 873
17 873
17 873
17 873
Free-cash
16 573
20 486
11 665
13 405

Estimated living cost  is ₴17873 per week

₴13162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3186
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
₴3971
₴6939
₴7704
₴4618
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
accident
-
-
-
481
health
-
-
-
4 005
income
-
-
-
6 028
surtax
-
-
-
2 826
pensions
-
-
-
8 544
communal
-
-
-
3 603
total
-
-
-
25 487
Employee
37 479
-
50 915
-
pensions
2 998
-
4 073
-
health
1 668
-
2 266
-
income
3 620
-
7 623
-
surtax
2 297
-
3 120
-
total
10 583
-
17 082
-
Employer
37 479
-
50 915
-
pensions
2 998
-
4 073
-
health
1 143
-
1 553
-
accident
337
-
458
-
total
4 478
-
6 084
-
Corporate
15 043
57 000
-
-
income
2 257
8 550
-
-
communal
-
3 848
-
-
surtax
158
598
-
-
total
2 415
12 996
-
-
Dividends
12 628
44 004
-
-
income
6 764
2 804
-
-
withholding
1 894
6 601
-
-
total
8 658
9 405
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 134
22 401
23 166
25 487
After tax
30 866
34 599
33 834
31 513
Living cost
26 895
26 895
26 895
26 895
Free-cash
3 971
7 704
6 939
4 618

Estimated living cost  is ₴26895 per week

₴20175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4805
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
₴23164
₴16154
₴24737
₴17090
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
health
-
-
-
4 047
income
-
-
-
11 698
surtax
-
-
-
1 536
pensions
-
-
-
11 400
other
-
-
-
-
unemployment
-
-
-
113
total
-
-
-
28 794
Employee
16 667
-
47 089
-
unemployment
1 160
-
3 278
-
pensions
1 112
-
3 141
-
health
425
-
1 201
-
income
2 794
-
10 811
-
other
-
-
-
-
surtax
59
-
1 388
-
total
5 550
-
19 819
-
Employer
16 667
-
47 089
-
pensions
2 222
-
6 277
-
other
-
-
-
-
health
758
-
2 142
-
unemployment
529
-
1 492
-
total
3 509
-
9 911
-
Corporate
36 824
57 000
-
-
income
9 574
14 820
-
-
total
9 574
14 820
-
-
Dividends
27 251
42 180
-
-
withholding
4 087
6 327
-
-
total
4 087
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 720
21 147
29 730
28 794
After tax
34 280
35 853
27 270
28 206
Living cost
11 116
11 116
11 116
11 116
Free-cash
23 164
24 737
16 154
17 090

Estimated living cost  is ₴11116 per week

₴6711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴966
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.
₴3181
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
₴15529
₴12479
₴16629
₴15175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
14 661
municipal
-
-
-
339
regional
-
-
-
860
national
-
-
-
12 633
total
-
-
-
28 493
Employee
27 453
-
57 000
-
regional
370
-
767
-
municipal
146
-
302
-
national
4 349
-
10 900
-
social contributions
9 257
-
19 220
-
total
14 122
-
31 189
-
Employer
27 453
-
57 000
-
total
-
-
-
-
Corporate
29 547
57 000
-
-
municipal
1 469
2 833
-
-
nationa
7 091
13 680
-
-
total
8 560
16 513
-
-
Dividends
20 987
40 487
-
-
withholding
5 457
10 526
-
-
total
5 457
10 526
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 139
27 039
31 189
28 493
After tax
28 861
29 961
25 811
28 507
Living cost
13 332
13 332
13 332
13 332
Free-cash
15 529
16 629
12 479
15 175

Estimated living cost  is ₴13332 per week

₴8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3462
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
₴18570
₴13688
₴24006
₴12524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
health
-
-
-
7 695
income
-
-
-
4 899
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
22 408
-
42 537
-
solidarity contribution
-
-
-
-
health
3 025
-
5 743
-
social contributions
1 457
-
2 765
-
income
2 689
-
5 104
-
total
7 171
-
13 612
-
Employer
22 408
-
42 537
-
health
2 017
-
3 828
-
social contributions
5 602
-
10 634
-
total
7 619
-
14 462
-
Corporate
26 973
57 000
-
-
income
5 125
10 830
-
-
total
5 125
10 830
-
-
Dividends
21 848
46 170
-
-
withholding
3 277
6 926
-
-
total
3 277
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 192
17 756
28 074
29 238
After tax
33 808
39 244
28 926
27 762
Living cost
15 238
15 238
15 238
15 238
Free-cash
18 570
24 006
13 688
12 524

Estimated living cost  is ₴15238 per week

₴11332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴2798
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
₴15846
₴554
₴16089
₴12554
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
health
-
-
-
4 361
surtax
-
-
-
-
income
-
-
-
10 488
chamber of commerce
-
-
-
228
pensions
-
-
-
10 545
unemployment
-
-
-
3 035
total
-
-
-
28 657
Employee
21 634
19 723
44 261
-
unemployment
649
592
1 328
-
pensions
2 216
2 019
4 532
-
health
837
764
1 713
-
income
1 927
1 455
9 306
-
other
216
197
442
-
total
5 845
5 027
17 321
-
Employer
21 634
19 723
44 261
-
chamber of commerce
86
79
178
-
pensions
2 715
2 476
5 554
-
other
1 027
936
2 103
-
health
818
746
1 673
-
unemployment
649
592
1 328
-
accident
281
256
576
-
surtax
-
-
-
-
payroll
649
592
1 328
-
total
6 225
5 677
12 740
-
Corporate
29 140
31 601
42 383
-
income

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

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

7 285
7 900
10 596
-
total
7 285
7 900
10 596
-
Dividends
21 855
23 700
-
-
withholding
6 010
6 518
-
-
total
6 010
6 518
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 365
25 122
40 657
28 657
After tax
31 635
31 878
16 343
28 343
Living cost
15 789
15 789
15 789
15 789
Free-cash
15 846
16 089
554
12 554

Estimated living cost  is ₴15789 per week

₴9472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1613
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.
₴4424
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
₴46628
₴39266
₴47816
₴50096
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
7 918
-
57 000
-
income
1 584
-
11 400
-
total
1 584
-
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%.

49 082
57 000
-
-
total
-
-
-
-
Dividends
49 082
57 000
-
-
withholding
2 454
2 850
-
-
total
2 454
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 038
2 850
11 400
570
After tax
52 962
54 150
45 600
56 430
Living cost
6 334
6 334
6 334
6 334
Free-cash
46 628
47 816
39 266
50 096

Estimated living cost  is ₴6334 per week

₴4286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴266
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.
₴1569
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
₴21829
₴14253
₴25969
₴15886
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
health
-
-
-
5 609
income
-
-
-
11 735
pensions
-
-
-
10 410
unemployment
-
-
-
85
total
-
-
-
27 839
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.

21 885
-
49 319
-
unemployment
31
-
69
-
pensions
3 392
-
7 645
-
health
1 413
-
3 187
-
income
3 774
-
10 892
-
total
8 610
-
21 793
-
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.

21 885
-
49 319
-
pensions
1 937
-
4 364
-
health
1 458
-
3 285
-
unemployment
13
-
30
-
total
3 408
-
7 679
-
Corporate
31 708
57 000
-
-
income
6 025
10 830
-
-
total
6 025
10 830
-
-
Dividends
25 683
46 170
-
-
withholding
3 853
6 926
-
-
total
3 853
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 896
17 756
29 472
27 839
After tax
35 104
39 244
27 528
29 161
Living cost
13 275
13 275
13 275
13 275
Free-cash
21 829
25 969
14 253
15 886

Estimated living cost  is ₴13275 per week

₴9110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3057
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
-₴16991
₴29060
₴13267
₴17980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
6 498
income
-
-
-
11 110
total
-
-
-
17 608
Employee
30 701
-
-
-
social contributions
2 518
-
359
-
income
6 772
-
-
-
total
9 290
-
359
-
Employer
30 701
-
-
-
social contributions
43 289
-
6 169
-
total
43 289
-
6 169
-
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
52 579
22 321
6 528
17 608
After tax
4 421
34 679
50 472
39 392
Living cost
21 412
21 412
21 412
21 412
Free-cash
-16 991
13 267
29 060
17 980

Estimated living cost  is ₴21412 per week

₴13893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴5232
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
₴16398
₴12616
₴16898
₴15994
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
social contributions

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

-
-
-
19 807
income
-
-
-
5 675
surtax
-
-
-
-
total
-
-
-
25 482
Employee
22 762
-
46 060
-
social contributions
2 504
-
5 067
-
income
4 735
-
12 853
-
surtax
-
-
-
-
total
7 239
-
17 920
-
Employer
22 762
-
46 060
-
social contributions
5 406
-
10 940
-
total
5 406
-
10 940
-
Corporate
28 832
57 000
-
-
income
6 055
11 970
-
-
surtax
-
-
-
-
total
6 055
11 970
-
-
Dividends
22 777
45 030
-
-
withholding
6 378
12 608
-
-
total
6 378
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 078
24 578
28 860
25 482
After tax
31 922
32 422
28 140
31 518
Living cost
15 524
15 524
15 524
15 524
Free-cash
16 398
16 898
12 616
15 994

Estimated living cost  is ₴15524 per week

₴11615
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.
₴259
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.
₴2734
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
₴8225
₴10763
₴4826
₴8707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
1 624
health
-
-
-
1 468
income
-
-
-
6 491
surtax
-
-
-
-
pensions
-
-
-
13 040
other
-
-
-
1 767
total
-
-
-
24 390
Employee
30 997
-
45 779
-
pensions
3 506
-
2 460
-
social contributions
883
-
1 304
-
income
2 705
-
7 349
-
surtax
-
-
-
-
total
7 094
-
11 113
-
Employer
30 997
-
45 779
-
pensions
5 093
-
4 270
-
other
1 070
-
1 580
-
health
2 170
-
3 380
-
unemployment
1 256
-
1 854
-
social contributions
93
-
137
-
total
9 682
-
11 221
-
Corporate
16 322
57 000
-
-
income
4 570
15 960
-
-
surtax
-
-
-
-
total
4 570
15 960
-
-
Dividends
11 752
41 040
-
-
surtax
-
-
-
-
social contributions
2 021
7 058
-
-
withholding
1 505
5 253
-
-
total
3 526
12 311
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 872
28 271
22 334
24 390
After tax
32 128
28 729
34 666
32 610
Living cost
23 903
23 903
23 903
23 903
Free-cash
8 225
4 826
10 763
8 707

Estimated living cost  is ₴23903 per week

₴16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5443
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
₴34761
₴29658
₴36423
₴28142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
12 540
income
-
-
-
1 441
total
-
-
-
13 981
Employee
15 911
-
49 350
-
social contributions
1 034
-
3 207
-
income
-
-
1 609
-
total
1 034
-
4 816
-
Employer
15 911
-
49 350
-
social contributions
2 466
-
7 649
-
total
2 466
-
7 649
-
Corporate
38 623
57 000
-
-
income
3 862
5 700
-
-
total
3 862
5 700
-
-
Dividends
34 761
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
7 362
5 700
12 465
13 981
After tax
49 638
51 300
44 535
43 019
Living cost
14 877
14 877
14 877
14 877
Free-cash
34 761
36 423
29 658
28 142

Estimated living cost  is ₴14877 per week

₴9619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3856
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
-₴50681
-₴50681
-₴50681
₴11102
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
municipal
-
-
-
10 981
pensions
-
-
-
428
labour market
-
-
-
4 526
national
-
-
-
6 161
total
-
-
-
22 096
Employee
100 462
100 462
100 462
-
pensions
143
143
143
-
municipal
21 393
21 393
21 393
-
national
12 273
12 273
12 273
-
labour market
8 025
8 025
8 025
-
total
41 834
41 834
41 834
-
Employer
100 462
100 462
100 462
-
municipal
21 427
21 427
21 427
-
pensions
286
286
286
-
national
12 295
12 295
12 295
-
labour market
8 037
8 037
8 037
-
total
42 045
42 045
42 045
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
83 879
83 879
83 879
22 096
After tax
-26 879
-26 879
-26 879
34 904
Living cost
23 802
23 802
23 802
23 802
Free-cash
-50 681
-50 681
-50 681
11 102

Estimated living cost  is ₴23802 per week

₴16290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴366
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.
₴5040
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
₴2942
₴18924
-₴6304
₴28159
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
accident
-
-
-
127
health
-
-
-
1 099
income
-
-
-
14 411
pensions
-
-
-
2 096
other
-
-
-
187
total
-
-
-
17 920
Employee
17 179
-
49 413
-
pensions
1 934
-
3 844
-
health
1 967
-
5 658
-
income
2 357
-
10 066
-
total
6 258
-
19 568
-
Employer
17 179
-
49 413
-
pensions
2 793
-
5 551
-
unemployment
421
-
1 211
-
accident
287
-
825
-
total
3 501
-
7 587
-
Corporate
36 320
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.

32 688
51 300
-
-
total
32 688
51 300
-
-
Dividends
3 632
5 700
-
-
withholding
690
1 083
-
-
total
690
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
43 137
52 383
27 155
17 920
After tax
13 863
4 617
29 845
39 080
Living cost
10 921
10 921
10 921
10 921
Free-cash
2 942
-6 304
18 924
28 159

Estimated living cost  is ₴10921 per week

₴7949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2144
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
₴18026
₴12820
₴18324
₴20634
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
-
-
-
672
municipal
-
-
-
10 139
national
-
-
-
6 554
total
-
-
-
17 365
Employee
26 038
-
47 952
-
unemployment
391
-
719
-
pensions
1 757
-
3 236
-
municipal
4 265
-
7 823
-
national
430
-
3 821
-
health
194
-
532
-
total
7 037
-
16 131
-
Employer
26 038
-
47 952
-
pensions
4 517
-
8 319
-
health
200
-
369
-
unemployment
169
-
312
-
accident
26
-
48
-
total
4 912
-
9 048
-
Corporate
26 049
57 000
-
-
income
5 210
11 400
-
-
total
5 210
11 400
-
-
Dividends

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

15 630
34 200
-
-
national
-
2 119
-
-
municipal
2 814
6 156
-
-
total
2 814
8 275
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 973
19 675
25 179
17 365
After tax
37 027
37 325
31 821
39 635
Living cost
19 001
19 001
19 001
19 001
Free-cash
18 026
18 324
12 820
20 634

Estimated living cost  is ₴19001 per week

₴12411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
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.
₴4460
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
₴27528
₴27944
₴30223
₴28572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 007
health
-
-
-
1 454
income
-
-
-
7 509
total
-
-
-
16 970
Employee
38 056
38 056
51 782
-
health
295
647
880
-
social contributions
1 439
3 158
4 260
-
income
4 144
3 523
7 240
-
total
5 878
7 328
12 380
-
Employer
38 056
38 056
51 782
-
health
320
704
958
-
social contributions
1 439
3 158
4 260
-
total
1 759
3 862
5 218
-
Corporate
37 905
15 081
-
-
income
4 738
1 885
-
-
total
4 738
1 885
-
-
Dividends
33 167
13 196
-
-
withholding
5 639
2 244
-
-
total
5 639
2 244
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 014
15 319
17 598
16 970
After tax
38 986
41 681
39 402
40 030
Living cost
11 458
11 458
11 458
11 458
Free-cash
27 528
30 223
27 944
28 572

Estimated living cost  is ₴11458 per week

₴6867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3214
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
₴36826
₴28711
₴39343
₴38638
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
health
-
-
-
1 791
income
-
-
-
5 551
pensions
-
-
-
3 148
unemployment
-
-
-
14
total
-
-
-
10 504
Employee

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

11 360
-
52 163
-
unemployment
56
-
235
-
pensions
1 704
-
7 044
-
health
965
-
3 992
-
income
777
-
4 323
-
total
3 502
-
15 594
-
Employer

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

11 360
-
52 163
-
pensions
625
-
2 583
-
health
488
-
2 019
-
unemployment
56
-
235
-
total
1 169
-
4 837
-
Corporate
44 471
57 000
-
-
income
4 003
5 130
-
-
total
4 003
5 130
-
-
Dividends
40 468
51 870
-
-
withholding
3 642
4 669
-
-
total
3 642
4 669
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 316
9 799
20 431
10 504
After tax
44 684
47 201
36 569
46 496
Living cost
7 858
7 858
7 858
7 858
Free-cash
36 826
39 343
28 711
38 638

Estimated living cost  is ₴7858 per week

₴5013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴2044
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
₴22182
₴15929
₴24750
₴17669
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
accident
-
-
-
413
income
-
-
-
11 961
pensions
-
-
-
12 981
other
-
-
-
46
unemployment
-
-
-
321
total
-
-
-
25 722
Employee
18 300
-
43 221
-
unemployment
284
-
670
-
pensions
860
-
2 031
-
income
3 528
-
10 939
-
other
18
-
43
-
total
4 690
-
13 683
-
Employer
18 300
-
43 221
-
pensions
4 318
-
10 200
-
other
147
-
346
-
unemployment
1 007
-
2 377
-
accident
363
-
856
-
total
5 835
-
13 779
-
Corporate
32 866
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.

4 930
8 550
-
-
total
4 930
8 550
-
-
Dividends
27 936
48 450
-
-
withholding
5 754
10 091
-
-
total
5 754
10 091
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 209
18 641
27 462
25 722
After tax
35 791
38 359
29 538
31 278
Living cost
13 609
13 609
13 609
13 609
Free-cash
22 182
24 750
15 929
17 669

Estimated living cost  is ₴13609 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2877
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
₴34451
₴35459
₴34609
₴35528
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
health
-
-
-
507
income
-
-
-
19 306
pensions
-
-
-
700
total
-
-
-
20 513
Employee
1 461
-
56 213
-
unemployment
15
-
35
-
pensions
131
-
315
-
health
73
-
175
-
income
283
-
19 270
-
total
502
-
19 795
-
Employer
1 461
-
56 213
-
pensions
161
-
385
-
health
139
-
332
-
unemployment
29
-
70
-
total
329
-
787
-
Corporate
55 210
57 000
-
-
income
12 146
12 540
-
-
total
12 146
12 540
-
-
Dividends
43 064
44 460
-
-
withholding
8 613
8 892
-
-
total
8 613
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 590
21 432
20 582
20 513
After tax
35 410
35 568
36 418
36 487
Living cost
959
959
959
959
Free-cash
34 451
34 609
35 459
35 528

Estimated living cost  is ₴959 per week

₴570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴289
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
₴30189
₴22509
₴32626
₴22507
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
health
-
-
-
3 767
income
-
-
-
12 112
pensions
-
-
-
9 508
unemployment
-
-
-
549
total
-
-
-
25 936
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.

12 904
-
50 454
-
unemployment
97
-
274
-
pensions
1 807
-
5 120
-
health
665
-
1 883
-
income
1 779
-
12 112
-
total
4 348
-
19 389
-
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.

12 904
-
50 454
-
pensions
1 548
-
4 388
-
health
665
-
1 883
-
unemployment
97
-
274
-
total
2 310
-
6 545
-
Corporate
41 786
57 000
-
-
income
6 268
8 550
-
-
total
6 268
8 550
-
-
Dividends
35 518
48 450
-
-
withholding
5 328
7 267
-
-
total
5 328
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 254
15 817
25 934
25 936
After tax
38 746
41 183
31 066
31 064
Living cost
8 557
8 557
8 557
8 557
Free-cash
30 189
32 626
22 509
22 507

Estimated living cost  is ₴8557 per week

₴5762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴1886
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
₴18901
₴14798
₴19080
₴18176
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
social contributions

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

-
-
-
19 807
income
-
-
-
5 675
surtax
-
-
-
-
total
-
-
-
25 482
Employee
19 208
-
46 060
-
social contributions
2 113
-
5 067
-
income
3 753
-
12 853
-
surtax
-
-
-
-
total
5 866
-
17 920
-
Employer
19 208
-
46 060
-
social contributions
4 562
-
10 940
-
total
4 562
-
10 940
-
Corporate
33 230
57 000
-
-
income
6 978
11 970
-
-
surtax
-
-
-
-
total
6 978
11 970
-
-
Dividends
26 252
45 030
-
-
withholding
7 351
12 608
-
-
total
7 351
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 757
24 578
28 860
25 482
After tax
32 243
32 422
28 140
31 518
Living cost
13 342
13 342
13 342
13 342
Free-cash
18 901
19 080
14 798
18 176

Estimated living cost  is ₴13342 per week

₴9450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴17221
₴12145
₴20966
₴13885
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
accident
-
-
-
413
income
-
-
-
11 961
pensions
-
-
-
12 981
other
-
-
-
46
unemployment
-
-
-
321
total
-
-
-
25 722
Employee
23 902
-
43 221
-
unemployment
370
-
670
-
pensions
1 123
-
2 031
-
income
4 992
-
10 939
-
other
23
-
43
-
total
6 508
-
13 683
-
Employer
23 902
-
43 221
-
pensions
5 641
-
10 200
-
other
192
-
346
-
unemployment
1 315
-
2 377
-
accident
473
-
856
-
total
7 621
-
13 779
-
Corporate
25 478
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.

3 822
8 550
-
-
total
3 822
8 550
-
-
Dividends
21 656
48 450
-
-
withholding
4 435
10 091
-
-
total
4 435
10 091
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 386
18 641
27 462
25 722
After tax
34 614
38 359
29 538
31 278
Living cost
17 393
17 393
17 393
17 393
Free-cash
17 221
20 966
12 145
13 885

Estimated living cost  is ₴17393 per week

₴12491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3305
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
₴37206
₴37232
₴40223
₴35323
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
health
-
-
-
1 988
income
-
-
-
8 550
pensions

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

-
-
-
2 558
unemployment
-
-
-
69
total
-
-
-
13 165
Employee
11 272
-
53 609
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

990
-
1 518
-
health
519
-
795
-
income
1 127
-
5 361
-
total
2 760
-
7 864
-
Employer
11 272
-
53 609
-
pensions

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

1 242
-
1 905
-
health
778
-
1 193
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
total
2 212
-
3 392
-
Corporate
43 517
57 000
-
-
income
4 352
5 700
-
-
total
4 352
5 700
-
-
Dividends
39 165
51 300
-
-
withholding
1 958
2 565
-
-
total
1 958
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 282
8 265
11 256
13 165
After tax
45 718
48 735
45 744
43 835
Living cost
8 512
8 512
8 512
8 512
Free-cash
37 206
40 223
37 232
35 323

Estimated living cost  is ₴8512 per week

₴5630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2192
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
₴16752
₴19454
₴10278
₴14577
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
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.

-
-
-
3 381
trade
-
-
-
4 877
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.

-
-
-
14 273
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.

-
-
-
785
total
-
-
-
23 316
Employee

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

24 625
-
57 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 381
-
3 381
-
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.

2 025
-
14 273
-
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.

112
-
785
-
total
5 518
-
18 439
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 375
57 000
-
-
income
4 856
8 550
-
-
chamber of commerce
123
159
-
-
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.

267
471
-
-
trade
4 646
8 179
-
-
total
9 892
17 359
-
-
Dividends
22 483
39 641
-
-
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.

299
534
-
-
withholding
5 432
9 722
-
-
total
5 731
10 256
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 141
27 615
18 439
23 316
After tax
35 859
29 385
38 561
33 684
Living cost
19 107
19 107
19 107
19 107
Free-cash
16 752
10 278
19 454
14 577

Estimated living cost  is ₴19107 per week

₴13180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3593
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
₴12801
₴8960
₴11708
₴8960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
5 228
income
-
-
-
14 620
total
-
-
-
19 848
Employee
38 713
-
57 000
-
social contributions
3 216
-
5 228
-
income
7 305
-
14 620
-
total
10 521
-
19 848
-
Employer
38 713
-
57 000
-
total
-
-
-
-
Corporate
18 287
57 000
-
-
income
2 286
7 125
-
-
total
2 286
7 125
-
-
Dividends
16 001
49 875
-
-
withholding
3 200
9 975
-
-
total
3 200
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
16 007
17 100
19 848
19 848
After tax
40 993
39 900
37 152
37 152
Living cost
28 192
28 192
28 192
28 192
Free-cash
12 801
11 708
8 960
8 960

Estimated living cost  is ₴28192 per week

₴21448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2297
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.
₴4177
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
₴18200
₴24013
₴16470
₴21908
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
-
-
-
14 088
health

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

-
-
-
3 039
total
-
-
-
17 127
Employee
22 703
-
54 723
-
social contributions
2 275
-
2 277
-
income
2 463
-
10 468
-
total
4 738
-
12 745
-
Employer
22 703
-
54 723
-
social contributions
2 275
-
2 277
-
total
2 275
-
2 277
-
Corporate
32 022
57 000
-
-
income
11 207
19 950
-
-
total
11 207
19 950
-
-
Dividends
20 815
37 050
-
-
social contributions
2 615
2 615
-
-
total
2 615
2 615
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 835
22 565
15 022
17 127
After tax
36 165
34 435
41 978
39 873
Living cost
17 965
17 965
17 965
17 965
Free-cash
18 200
16 470
24 013
21 908

Estimated living cost  is ₴17965 per week

₴11834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
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.
₴4440
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
₴22056
₴16662
₴22405
₴21975
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
-
-
-
13 315
pensions
-
-
-
3 782
total
-
-
-
17 097
Employee
24 609
-
50 051
-
pensions
1 878
-
4 857
-
health
321
-
835
-
income
4 482
-
9 771
-
total
6 681
-
15 463
-
Employer
24 609
-
50 051
-
pensions
2 486
-
5 996
-
health
468
-
951
-
total
2 954
-
6 947
-
Corporate
29 437
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.

5 593
10 830
-
-
total
5 593
10 830
-
-
Dividends
23 843
46 170
-
-
withholding
1 788
5 837
-
-
total
1 788
5 837
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 016
16 667
22 410
17 097
After tax
39 984
40 333
34 590
39 903
Living cost
17 928
17 928
17 928
17 928
Free-cash
22 056
22 405
16 662
21 975

Estimated living cost  is ₴17928 per week

₴12299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴2776
₴17843
-₴7385
₴27078
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
accident
-
-
-
127
health
-
-
-
1 099
income
-
-
-
14 411
pensions
-
-
-
2 096
other
-
-
-
187
total
-
-
-
17 920
Employee
18 879
-
49 413
-
pensions
2 126
-
3 844
-
health
2 162
-
5 658
-
income
2 590
-
10 066
-
total
6 878
-
19 568
-
Employer
18 879
-
49 413
-
pensions
3 070
-
5 551
-
unemployment
462
-
1 211
-
accident
315
-
825
-
total
3 847
-
7 587
-
Corporate
34 273
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.

30 846
51 300
-
-
total
30 846
51 300
-
-
Dividends
3 427
5 700
-
-
withholding
651
1 083
-
-
total
651
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 222
52 383
27 155
17 920
After tax
14 778
4 617
29 845
39 080
Living cost
12 002
12 002
12 002
12 002
Free-cash
2 776
-7 385
17 843
27 078

Estimated living cost  is ₴12002 per week

₴8808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴699
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.
₴2253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴38964
₴30488
₴41279
₴25698
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
-
-
-
8 941
health insurance
-
-
-
4 218
pensions
-
-
-
10 488
unemployment
-
-
-
684
work injury
-
-
-
285
total
-
-
-
24 616
Employee

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

10 698
-
57 000
-
unemployment
128
-
475
-
pensions
1 968
-
7 283
-
work injury
53
-
198
-
income
1 070
-
8 941
-
health insurance
792
-
2 929
-
total
4 011
-
19 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 302
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%.

463
570
-
-
total
463
570
-
-
Dividends
45 839
56 430
-
-
withholding
6 876
8 465
-
-
total
6 876
8 465
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 350
9 035
19 826
24 616
After tax
45 650
47 965
37 174
32 384
Living cost
6 686
6 686
6 686
6 686
Free-cash
38 964
41 279
30 488
25 698

Estimated living cost  is ₴6686 per week

₴4142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1849
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
₴8056
₴5796
₴10308
₴8402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
14 661
municipal
-
-
-
381
regional
-
-
-
1 207
national
-
-
-
12 633
total
-
-
-
28 882
Employee
41 704
-
57 000
-
regional
630
-
1 028
-
municipal
249
-
340
-
national
7 048
-
10 900
-
social contributions
14 062
-
19 220
-
total
21 989
-
31 488
-
Employer
41 704
-
57 000
-
total
-
-
-
-
Corporate
15 296
57 000
-
-
municipal
737
2 747
-
-
nationa
3 671
13 680
-
-
total
4 408
16 427
-
-
Dividends
10 887
40 573
-
-
withholding
2 831
10 549
-
-
total
2 831
10 549
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 228
26 976
31 488
28 882
After tax
27 772
30 024
25 512
28 118
Living cost
19 716
19 716
19 716
19 716
Free-cash
8 056
10 308
5 796
8 402

Estimated living cost  is ₴19716 per week

₴13849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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