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
₴13847
₴23592
₴18229
₴19306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income

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

-
-
-
14 298
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.

-
-
-
786
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.

-
-
-
3 372
trade
-
-
-
5 363
total
-
-
-
23 819
Employee

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

18 881
-
57 000
-
surtax

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

29
-
786
-
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.

527
-
14 298
-
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.

3 372
-
3 372
-
total
3 928
-
18 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 119
57 000
-
-
income
5 718
8 550
-
-
surtax

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

315
470
-
-
chamber of commerce
129
156
-
-
trade
6 004
8 977
-
-
total
12 166
18 153
-
-
Dividends
25 954
38 846
-
-
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.

347
524
-
-
withholding
6 301
9 524
-
-
total
6 648
10 048
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 742
28 201
18 456
23 819
After tax
34 258
28 799
38 544
33 181
Living cost
14 952
14 952
14 952
14 952
Free-cash
19 306
13 847
23 592
18 229

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3524
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
₴9128
₴8264
₴7817
₴8687
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
-
-
-
5 997
national
-
-
-
9 293
pensions
-
-
-
6 840
total
-
-
-
22 743
Employee
40 988
-
49 276
-
municipal
5 063
-
6 218
-
pensions
1 640
-
1 971
-
national
7 845
-
9 635
-
total
14 548
-
17 824
-
Employer
40 988
-
49 276
-
pensions
3 279
-
3 942
-
social contributions
441
-
530
-
total
3 720
-
4 472
-
Corporate
9 588
57 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 918
11 400
-
-
total
1 918
11 400
-
-
Dividends
7 670
45 600
-
-
withholding
1 687
10 032
-
-
total
1 687
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 873
21 432
22 296
22 743
After tax
35 127
35 568
34 704
34 257
Living cost
26 440
26 440
26 440
26 440
Free-cash
8 687
9 128
8 264
7 817

Estimated living cost  is ₴26440 per week

₴17971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴396
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.
₴5616
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
₴35330
₴21772
₴20071
₴31281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
57 000
income
-
-
-
8 333
surtax
-
-
-
-
social contributions

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

-
-
-
18 326
microenterprise
-
-
-
-
total
-
-
-
26 659
Employee
14 424
-
45 934
-
surtax
-
-
-
-
social contributions

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

1 587
-
5 053
-
income
2 568
-
8 840
-
total
4 155
-
13 893
-
Employer
14 424
-
45 934
-
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.

3 474
-
11 065
-
surtax
-
-
-
-
total
3 474
-
11 065
-
Corporate
39 101
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%.

7 820
11 400
-
-
total
7 820
11 400
-
-
Dividends

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

31 281
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 449
11 400
24 958
26 659
After tax
41 551
45 600
32 042
30 341
Living cost
10 270
10 270
10 270
10 270
Free-cash
31 281
35 330
21 772
20 071

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2507
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
₴7094
₴9279
₴11894
₴4072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
12 556
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
24 427
Employee
42 154
42 154
48 506
-
pensions
7 588
5 784
5 784
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
5 865
-
total
20 958
18 188
18 549
-
Employer
42 154
42 154
48 506
-
health
2 930
2 930
3 371
-
pensions
2 934
2 934
3 376
-
unemployment
1 518
1 518
1 746
-
total
7 382
7 382
8 493
-
Corporate
7 981
7 464
-
-
income
1 596
1 493
-
-
total
1 596
1 493
-
-
Dividends
6 385
5 971
-
-
income
1 356
1 268
-
-
withholding
957
896
-
-
total
2 313
2 164
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 249
29 227
27 042
24 427
After tax
24 751
27 773
29 958
32 573
Living cost
20 679
20 679
20 679
20 679
Free-cash
4 072
7 094
9 279
11 894

Estimated living cost  is ₴20679 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3831
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
₴10960
₴9946
₴10361
₴10509
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
-
-
-
88
other
-
-
-
5 135
unemployment
-
-
-
44
health
-
-
-
2 757
municipal
-
-
-
13 180
national
-
-
-
496
pensions
-
-
-
4 777
total
-
-
-
26 477
Employee
28 729
-
43 372
-
municipal
8 567
-
12 934
-
national
-
-
330
-
total
8 567
-
13 264
-
Employer
28 729
-
43 372
-
health
1 767
-
2 667
-
pensions
3 105
-
4 689
-
accident
57
-
87
-
unemployment
758
-
1 145
-
other
3 338
-
5 040
-
total
9 025
-
13 628
-
Corporate
19 245
57 000
-
-
income
4 234
12 540
-
-
total
4 234
12 540
-
-
Dividends
15 011
44 460
-
-
withholding
4 503
13 338
-
-
total
4 503
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 329
25 878
26 892
26 477
After tax
30 671
31 122
30 108
30 523
Living cost
20 162
20 162
20 162
20 162
Free-cash
10 509
10 960
9 946
10 361

Estimated living cost  is ₴20162 per week

₴13362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4515
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
₴9114
₴19152
₴13551
₴16049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income

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

-
-
-
14 298
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.

-
-
-
786
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.

-
-
-
3 372
trade
-
-
-
5 601
total
-
-
-
24 057
Employee

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

25 033
-
57 000
-
surtax

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

118
-
786
-
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.

2 151
-
14 298
-
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.

3 372
-
3 372
-
total
5 641
-
18 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 967
57 000
-
-
income
4 795
8 550
-
-
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.

264
470
-
-
chamber of commerce
121
156
-
-
trade
5 258
9 376
-
-
total
10 438
18 552
-
-
Dividends
21 528
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
5 194
9 424
-
-
total
5 480
9 942
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 559
28 494
18 456
24 057
After tax
35 441
28 506
38 544
32 943
Living cost
19 392
19 392
19 392
19 392
Free-cash
16 049
9 114
19 152
13 551

Estimated living cost  is ₴19392 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
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.
₴4088
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
₴25669
₴23388
₴24015
₴23622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
7 533
social contributions
-
-
-
7 987
health
-
-
-
1 454
total
-
-
-
16 974
Employee
37 958
37 958
51 793
-
social contributions
1 844
3 150
4 249
-
income
3 986
3 514
7 264
-
health
378
645
881
-
total
6 208
7 309
12 394
-
Employer
37 958
37 958
51 793
-
health
411
703
958
-
social contributions
1 844
3 150
4 249
-
total
2 255
3 853
5 207
-
Corporate
32 525
15 189
-
-
income
4 066
1 899
-
-
total
4 066
1 899
-
-
Dividends
28 460
13 290
-
-
withholding
4 838
2 259
-
-
total
4 838
2 259
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 367
15 320
17 601
16 974
After tax
39 633
41 680
39 399
40 026
Living cost
16 011
16 011
16 011
16 011
Free-cash
23 622
25 669
23 388
24 015

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
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
₴23025
₴23984
₴30427
₴23213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
6 968
unemployment
-
-
-
855
health
-
-
-
3 990
pensions
-
-
-
5 700
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.

13 079
5 205
47 699
-
unemployment
196
78
715
-
pensions
1 308
521
4 770
-
income
1 599
636
5 831
-
health
916
364
3 339
-
total
4 019
1 599
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.

13 079
5 205
47 699
-
pensions
2 550
1 015
9 301
-
total
2 550
1 015
9 301
-
Corporate
41 371
50 780
-
-
income
3 723
4 570
-
-
total
3 723
4 570
-
-
Dividends
37 647
46 210
-
-
social contributions
7 282
8 951
-
-
withholding
7 153
8 780
-
-
total
14 435
17 731
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 727
24 915
23 956
17 513
After tax
32 273
32 085
33 044
39 487
Living cost
9 060
9 060
9 060
9 060
Free-cash
23 213
23 025
23 984
30 427

Estimated living cost  is ₴9060 per week

₴6183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
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
₴33677
₴20930
₴18629
₴30611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
7 638
health
-
-
-
7 410
pensions
-
-
-
11 400
total
-
-
-
26 448
Employee
14 004
-
42 601
-
unemployment
224
-
682
-
pensions
280
-
852
-
income
1 577
-
8 214
-
total
2 081
-
9 748
-
Employer
14 004
-
42 601
-
health
1 820
-
5 538
-
pensions
2 801
-
8 520
-
unemployment
112
-
341
-
total
4 733
-
14 399
-
Corporate
38 263
57 000
-
-
income
7 652
11 400
-
-
total
7 652
11 400
-
-
Dividends
30 610
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 466
11 400
24 147
26 448
After tax
42 534
45 600
32 853
30 552
Living cost
11 923
11 923
11 923
11 923
Free-cash
30 611
33 677
20 930
18 629

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
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.
₴2795
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
-₴6395
₴18854
₴28065
₴2928
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
-
-
-
126
income
-
-
-
14 436
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
17 923
Employee
17 322
-
49 448
-
pensions
1 951
-
3 819
-
income
2 376
-
10 101
-
health
1 983
-
5 662
-
total
6 310
-
19 582
-
Employer
17 322
-
49 448
-
pensions
2 817
-
5 515
-
accident
289
-
826
-
unemployment
424
-
1 211
-
total
3 530
-
7 552
-
Corporate
36 147
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.

32 533
51 300
-
-
total
32 533
51 300
-
-
Dividends
3 615
5 700
-
-
withholding
687
1 083
-
-
total
687
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
43 060
52 383
27 134
17 923
After tax
13 940
4 617
29 866
39 077
Living cost
11 012
11 012
11 012
11 012
Free-cash
2 928
-6 395
18 854
28 065

Estimated living cost  is ₴11012 per week

₴8071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2101
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
₴50121
₴41571
₴52401
₴49366
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
5 037
-
57 000
-
income
1 007
-
11 400
-
total
1 007
-
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%.

51 963
57 000
-
-
total
-
-
-
-
Dividends
51 963
57 000
-
-
withholding
2 598
2 850
-
-
total
2 598
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
3 605
2 850
11 400
570
After tax
53 395
54 150
45 600
56 430
Living cost
4 029
4 029
4 029
4 029
Free-cash
49 366
50 121
41 571
52 401

Estimated living cost  is ₴4029 per week

₴2497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1087
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
₴28725
₴19874
₴17514
₴25393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
7 437
other
-
-
-
2 707
health
-
-
-
2 508
pensions

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

-
-
-
13 681
total
-
-
-
26 333
Employee
17 923
-
45 526
-
unemployment
179
-
455
-
pensions

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

1 254
-
3 187
-
income
3 086
-
8 223
-
health
251
-
637
-
total
4 770
-
12 502
-
Employer
17 923
-
45 526
-
health
251
-
637
-
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.

3 047
-
7 740
-
accident
143
-
364
-
unemployment
179
-
455
-
other
896
-
2 275
-
total
4 516
-
11 471
-
Corporate
34 560
57 000
-
-
income
7 257
11 970
-
-
total
7 257
11 970
-
-
Dividends
27 302
45 030
-
-
withholding
1 911
3 152
-
-
total
1 911
3 152
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 454
15 122
23 973
26 333
After tax
38 546
41 878
33 027
30 667
Living cost
13 153
13 153
13 153
13 153
Free-cash
25 393
28 725
19 874
17 514

Estimated living cost  is ₴13153 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
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.
₴2760
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
₴7760
₴1975
₴7296
₴3305
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
-
-
-
13 201
pensions
-
-
-
3 815
total
-
-
-
17 016
Employee
46 248
-
50 061
-
pensions
4 462
-
4 905
-
income
8 337
-
9 654
-
health
762
-
839
-
total
13 561
-
15 398
-
Employer
46 248
-
50 061
-
health
878
-
952
-
pensions
5 461
-
5 987
-
total
6 339
-
6 939
-
Corporate
4 413
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.

839
10 830
-
-
total
839
10 830
-
-
Dividends
3 574
46 170
-
-
withholding
268
5 722
-
-
total
268
5 722
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 007
16 552
22 337
17 016
After tax
35 993
40 448
34 663
39 984
Living cost
32 688
32 688
32 688
32 688
Free-cash
3 305
7 760
1 975
7 296

Estimated living cost  is ₴32688 per week

₴24494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴4088
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
₴42265
₴39291
₴37378
₴39974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
8 550
unemployment
-
-
-
69
health
-
-
-
1 982
pensions

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

-
-
-
2 551
total
-
-
-
13 152
Employee
8 567
-
53 618
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

752
-
1 513
-
income
857
-
5 362
-
health
394
-
793
-
total
2 097
-
7 858
-
Employer
8 567
-
53 618
-
health
591
-
1 189
-
pensions

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

944
-
1 899
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
103
-
total
1 680
-
3 381
-
Corporate
46 752
57 000
-
-
income
4 675
5 700
-
-
total
4 675
5 700
-
-
Dividends
42 077
51 300
-
-
withholding
2 104
2 565
-
-
total
2 104
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
10 556
8 265
11 239
13 152
After tax
46 444
48 735
45 761
43 848
Living cost
6 470
6 470
6 470
6 470
Free-cash
39 974
42 265
39 291
37 378

Estimated living cost  is ₴6470 per week

₴3777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2059
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
₴400
₴2585
₴5200
₴1642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
12 556
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
24 427
Employee
45 766
42 154
48 506
-
pensions
5 784
5 784
5 784
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
5 865
-
total
18 394
18 188
18 549
-
Employer
45 766
42 154
48 506
-
health
3 180
2 930
3 371
-
pensions
3 185
2 934
3 376
-
unemployment
1 648
1 518
1 746
-
total
8 013
7 382
8 493
-
Corporate
3 221
7 464
-
-
income
644
1 493
-
-
total
644
1 493
-
-
Dividends
2 576
5 971
-
-
income
547
1 268
-
-
withholding
387
896
-
-
total
934
2 164
-
-
Income
57 000
57 000
57 000
57 000
Total tax
27 985
29 227
27 042
24 427
After tax
29 015
27 773
29 958
32 573
Living cost
27 373
27 373
27 373
27 373
Free-cash
1 642
400
2 585
5 200

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4422
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
₴26958
₴16639
₴15475
₴22575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
4 899
social contributions
-
-
-
16 644
solidarity contribution
-
-
-
-
health
-
-
-
7 695
total
-
-
-
29 238
Employee
18 068
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
1 174
-
2 765
-
income
2 168
-
5 104
-
health
2 439
-
5 743
-
total
5 781
-
13 612
-
Employer
18 068
-
42 537
-
health
1 626
-
3 828
-
social contributions
4 517
-
10 634
-
total
6 143
-
14 462
-
Corporate
32 788
57 000
-
-
income
6 230
10 830
-
-
total
6 230
10 830
-
-
Dividends
26 558
46 170
-
-
withholding
3 984
6 925
-
-
total
3 984
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 138
17 755
28 074
29 238
After tax
34 862
39 245
28 926
27 762
Living cost
12 287
12 287
12 287
12 287
Free-cash
22 575
26 958
16 639
15 475

Estimated living cost  is ₴12287 per week

₴8534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
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.
₴2637
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
₴9581
₴5173
₴7886
₴7005
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
-
-
-
14 660
regional
-
-
-
643
municipal
-
-
-
339
national
-
-
-
12 642
total
-
-
-
28 284
Employee
43 871
-
57 000
-
municipal
232
-
303
-
national
7 602
-
10 909
-
regional
414
-
564
-
social contributions
14 793
-
19 221
-
total
23 041
-
30 997
-
Employer
43 871
-
57 000
-
total
-
-
-
-
Corporate
13 129
57 000
-
-
municipal
512
2 223
-
-
nationa
3 151
13 680
-
-
total
3 663
15 903
-
-
Dividends
9 465
41 097
-
-
withholding
2 461
10 686
-
-
total
2 461
10 686
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 165
26 589
30 997
28 284
After tax
27 835
30 411
26 003
28 716
Living cost
20 830
20 830
20 830
20 830
Free-cash
7 005
9 581
5 173
7 886

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4624
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
₴24960
₴16357
₴17292
₴23424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
11 715
other
-
-
-
-
surtax
-
-
-
1 540
unemployment
-
-
-
112
health
-
-
-
4 048
pensions
-
-
-
11 400
total
-
-
-
28 815
Employee
16 324
-
47 087
-
other
-
-
-
-
unemployment
1 136
-
3 277
-
pensions
1 089
-
3 141
-
surtax
53
-
1 392
-
income
2 736
-
10 829
-
health
417
-
1 201
-
total
5 431
-
19 840
-
Employer
16 324
-
47 087
-
health
743
-
2 142
-
pensions
2 176
-
6 276
-
unemployment
517
-
1 492
-
other
-
-
-
-
total
3 436
-
9 910
-
Corporate
37 240
57 000
-
-
income
9 682
14 820
-
-
total
9 682
14 820
-
-
Dividends
27 557
42 180
-
-
withholding
4 134
6 327
-
-
total
4 134
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 683
21 147
29 750
28 815
After tax
34 317
35 853
27 250
28 185
Living cost
10 893
10 893
10 893
10 893
Free-cash
23 424
24 960
16 357
17 292

Estimated living cost  is ₴10893 per week

₴6660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
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
₴18117
₴12332
₴17653
₴16530
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
-
-
-
13 201
pensions
-
-
-
3 815
total
-
-
-
17 016
Employee
30 994
-
50 061
-
pensions
2 631
-
4 905
-
income
5 582
-
9 654
-
health
450
-
839
-
total
8 663
-
15 398
-
Employer
30 994
-
50 061
-
health
589
-
952
-
pensions
3 355
-
5 987
-
total
3 944
-
6 939
-
Corporate
22 062
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.

4 192
10 830
-
-
total
4 192
10 830
-
-
Dividends
17 870
46 170
-
-
withholding
1 340
5 722
-
-
total
1 340
5 722
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 139
16 552
22 337
17 016
After tax
38 861
40 448
34 663
39 984
Living cost
22 332
22 332
22 332
22 332
Free-cash
16 530
18 117
12 332
17 653

Estimated living cost  is ₴22332 per week

₴16731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1674
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.
₴3693
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
-₴13293
₴5148
₴7976
₴3545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other

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
-
-
-
2 106
health
-
-
-
128
city
-
-
-
600
national
-
-
-
449
pensions
-
-
-
5 243
total
-
-
-
9 666
Employee
46 058
-
51 019
-
unemployment
-
-
-
-
pensions
3 870
-
4 285
-
national
218
-
331
-
regional
1 508
-
1 795
-
city
494
-
548
-
health
104
-
115
-
total
6 194
-
7 074
-
Employer
46 058
-
51 019
-
health
104
-
115
-
pensions
3 870
-
4 285
-
unemployment
-
-
-
-
other

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

921
-
1 020
-
total
4 895
-
5 420
-
Corporate
5 541
57 000
-
-
regional
1 172
12 055
-
-
national
471
4 845
-
-
total
1 643
16 900
-
-
Dividends
3 898
40 100
-
-
withholding
1 365
14 035
-
-
total
1 365
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 097
30 935
12 494
9 666
After tax
42 903
26 065
44 506
47 334
Living cost
39 358
39 358
39 358
39 358
Free-cash
3 545
-13 293
5 148
7 976

Estimated living cost  is ₴39358 per week

₴25594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴483
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.
₴9749
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
₴5598
₴15930
₴10090
₴13602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income

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

-
-
-
14 298
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.

-
-
-
786
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.

-
-
-
3 372
trade
-
-
-
5 840
total
-
-
-
24 296
Employee

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

29 667
-
57 000
-
surtax

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

192
-
786
-
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.

3 489
-
14 298
-
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.

3 372
-
3 372
-
total
7 053
-
18 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 333
57 000
-
-
income
4 100
8 550
-
-
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.

226
470
-
-
chamber of commerce
113
156
-
-
trade
4 688
9 775
-
-
total
9 127
18 951
-
-
Dividends
18 206
38 049
-
-
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.

240
512
-
-
withholding
4 364
9 325
-
-
total
4 604
9 837
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 784
28 788
18 456
24 296
After tax
36 216
28 212
38 544
32 704
Living cost
22 614
22 614
22 614
22 614
Free-cash
13 602
5 598
15 930
10 090

Estimated living cost  is ₴22614 per week

₴16516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3995
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
₴11839
₴17753
₴15718
₴14754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
6 509
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 624
health
-
-
-
1 475
pensions
-
-
-
13 018
total
-
-
-
24 393
Employee
21 127
-
45 767
-
pensions
2 389
-
2 464
-
surtax
-
-
-
-
social contributions
602
-
1 304
-
income
1 247
-
7 358
-
total
4 238
-
11 126
-
Employer
21 127
-
45 767
-
health
1 479
-
3 384
-
pensions
3 471
-
4 277
-
unemployment
855
-
1 854
-
social contributions
64
-
138
-
other
729
-
1 579
-
total
6 598
-
11 232
-
Corporate
29 275
57 000
-
-
income
8 197
15 960
-
-
surtax
-
-
-
-
total
8 197
15 960
-
-
Dividends
21 079
41 040
-
-
surtax
-
-
-
-
social contributions
3 626
7 059
-
-
withholding
2 698
5 253
-
-
total
6 324
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 357
28 272
22 358
24 393
After tax
31 643
28 728
34 642
32 607
Living cost
16 889
16 889
16 889
16 889
Free-cash
14 754
11 839
17 753
15 718

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
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.
₴4580
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
₴13512
₴19426
₴17391
₴16256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
6 509
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 624
health
-
-
-
1 475
pensions
-
-
-
13 018
total
-
-
-
24 393
Employee
18 859
-
45 767
-
pensions
2 133
-
2 464
-
surtax
-
-
-
-
social contributions
538
-
1 304
-
income
972
-
7 358
-
total
3 643
-
11 126
-
Employer
18 859
-
45 767
-
health
1 320
-
3 384
-
pensions
3 099
-
4 277
-
unemployment
763
-
1 854
-
social contributions
56
-
138
-
other
651
-
1 579
-
total
5 889
-
11 232
-
Corporate
32 252
57 000
-
-
income
9 030
15 960
-
-
surtax
-
-
-
-
total
9 030
15 960
-
-
Dividends
23 221
41 040
-
-
surtax
-
-
-
-
social contributions
3 994
7 059
-
-
withholding
2 972
5 253
-
-
total
6 966
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 528
28 272
22 358
24 393
After tax
31 472
28 728
34 642
32 607
Living cost
15 216
15 216
15 216
15 216
Free-cash
16 256
13 512
19 426
17 391

Estimated living cost  is ₴15216 per week

₴8824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
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.
₴4557
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
₴24307
₴25843
₴26139
₴24563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
8 550
social contributions
-
-
-
7 866
health
-
-
-
3 978
total
-
-
-
20 394
Employee
16 737
-
57 000
-
social contributions
2 310
-
7 866
-
income
2 792
-
8 846
-
health
1 168
-
3 978
-
total
6 270
-
20 690
-
Employer
16 737
-
57 000
-
total
-
-
-
-
Corporate
40 263
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%.

2 013
2 850
-
-
total
2 013
2 850
-
-
Dividends
38 250
54 150
-
-
social contributions
5 279
7 473
-
-
withholding
5 738
8 123
-
-
health
2 670
3 780
-
-
total
13 687
19 376
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 970
22 226
20 690
20 394
After tax
35 030
34 774
36 310
36 606
Living cost
10 467
10 467
10 467
10 467
Free-cash
24 563
24 307
25 843
26 139

Estimated living cost  is ₴10467 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2575
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
₴14430
-₴1086
₴10840
₴13668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 507
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
228
health
-
-
-
4 361
pensions
-
-
-
10 545
total
-
-
-
28 766
Employee
24 670
19 672
44 185
-
other
246
197
442
-
unemployment
740
590
1 326
-
pensions
2 526
2 014
4 525
-
income
2 808
1 451
9 296
-
health
955
762
1 710
-
total
7 275
5 014
17 299
-
Employer
24 670
19 672
44 185
-
chamber of commerce
98
79
177
-
health
932
744
1 670
-
pensions
3 096
2 469
5 546
-
accident
320
256
574
-
unemployment
740
590
1 326
-
surtax
97
97
97
-
payroll
740
590
1 326
-
other
1 172
934
2 099
-
total
7 195
5 759
12 815
-
Corporate
25 134
31 569
42 312
-
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.

6 284
7 892
10 578
-
total
6 284
7 892
10 578
-
Dividends
18 850
23 676
-
-
withholding
5 184
6 511
-
-
total
5 184
6 511
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 938
25 176
40 692
28 766
After tax
31 062
31 824
16 308
28 234
Living cost
17 394
17 394
17 394
17 394
Free-cash
13 668
14 430
-1 086
10 840

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
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.
₴4023
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
₴13942
₴3742
₴7906
₴6538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
communal

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

-
-
-
2 871
social contributions
-
-
-
9 154
national
-
-
-
19 070
total
-
-
-
31 095
Employee

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

35 310
-
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.

307
-
384
-
communal

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

1 842
-
2 303
-
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.

2 648
-
3 311
-
national
10 856
-
14 335
-
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.

1 659
-
2 075
-
total
17 312
-
22 408
-
Employer

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

35 310
-
44 149
-
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.

2 171
-
2 716
-
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.

3 129
-
3 912
-
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.

459
-
573
-
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.

515
-
644
-
surtax
4 004
-
5 006
-
total
10 278
-
12 851
-
Corporate
11 412
57 000
-
-
income
2 282
11 400
-
-
surtax
46
228
-
-
total
2 328
11 628
-
-
Dividends
9 084
45 372
-
-
withholding

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

2 545
13 431
-
-
total
2 545
13 431
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 463
25 059
35 259
31 095
After tax
24 537
31 941
21 741
25 905
Living cost
17 999
17 999
17 999
17 999
Free-cash
6 538
13 942
3 742
7 906

Estimated living cost  is ₴17999 per week

₴11593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
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.
₴4550
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
₴20528
₴11700
₴13462
₴16628
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
-
-
-
412
income
-
-
-
11 985
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
25 711
Employee
24 572
-
43 220
-
other
24
-
43
-
unemployment
381
-
670
-
pensions
1 155
-
2 031
-
income
5 185
-
10 949
-
total
6 745
-
13 693
-
Employer
24 572
-
43 220
-
pensions
5 799
-
10 200
-
accident
486
-
856
-
unemployment
1 352
-
2 378
-
other
196
-
346
-
total
7 833
-
13 780
-
Corporate
24 596
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.

3 689
8 550
-
-
total
3 689
8 550
-
-
Dividends
20 907
48 450
-
-
withholding
4 278
10 095
-
-
total
4 278
10 095
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 545
18 645
27 473
25 711
After tax
34 455
38 355
29 527
31 289
Living cost
17 827
17 827
17 827
17 827
Free-cash
16 628
20 528
11 700
13 462

Estimated living cost  is ₴17827 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
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.
₴3178
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
₴7769
₴6982
₴4666
₴4037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
communal
-
-
-
3 603
accident
-
-
-
481
income
-
-
-
6 050
surtax
-
-
-
2 826
health
-
-
-
4 005
pensions
-
-
-
8 543
total
-
-
-
25 508
Employee
37 383
-
50 916
-
pensions
2 990
-
4 073
-
surtax
2 291
-
3 120
-
income
3 611
-
7 649
-
health
1 664
-
2 266
-
total
10 556
-
17 108
-
Employer
37 383
-
50 916
-
health
1 140
-
1 553
-
pensions
2 990
-
4 073
-
accident
336
-
458
-
total
4 466
-
6 084
-
Corporate
15 151
57 000
-
-
communal
-
3 847
-
-
income
2 273
8 550
-
-
surtax
159
599
-
-
total
2 432
12 996
-
-
Dividends
12 719
44 004
-
-
income
6 775
2 809
-
-
withholding
1 908
6 600
-
-
total
8 683
9 409
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 137
22 405
23 192
25 508
After tax
30 863
34 595
33 808
31 492
Living cost
26 826
26 826
26 826
26 826
Free-cash
4 037
7 769
6 982
4 666

Estimated living cost  is ₴26826 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4792
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
₴24765
₴16162
₴17097
₴23195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
11 715
other
-
-
-
-
surtax
-
-
-
1 540
unemployment
-
-
-
112
health
-
-
-
4 048
pensions
-
-
-
11 400
total
-
-
-
28 815
Employee
16 624
-
47 087
-
other
-
-
-
-
unemployment
1 157
-
3 277
-
pensions
1 109
-
3 141
-
surtax
59
-
1 392
-
income
2 787
-
10 829
-
health
424
-
1 201
-
total
5 536
-
19 840
-
Employer
16 624
-
47 087
-
health
756
-
2 142
-
pensions
2 216
-
6 276
-
unemployment
527
-
1 492
-
other
-
-
-
-
total
3 499
-
9 910
-
Corporate
36 876
57 000
-
-
income
9 588
14 820
-
-
total
9 588
14 820
-
-
Dividends
27 289
42 180
-
-
withholding
4 094
6 327
-
-
total
4 094
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 717
21 147
29 750
28 815
After tax
34 283
35 853
27 250
28 185
Living cost
11 088
11 088
11 088
11 088
Free-cash
23 195
24 765
16 162
17 097

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
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.
₴3173
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
₴16664
₴12503
₴15203
₴15567
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
-
-
-
14 660
regional
-
-
-
859
municipal
-
-
-
339
national
-
-
-
12 642
total
-
-
-
28 500
Employee
27 383
-
57 000
-
municipal
145
-
303
-
national
4 338
-
10 909
-
regional
369
-
767
-
social contributions
9 234
-
19 221
-
total
14 086
-
31 200
-
Employer
27 383
-
57 000
-
total
-
-
-
-
Corporate
29 617
57 000
-
-
municipal
1 472
2 833
-
-
nationa
7 108
13 680
-
-
total
8 580
16 513
-
-
Dividends
21 037
40 488
-
-
withholding
5 470
10 526
-
-
total
5 470
10 526
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 136
27 039
31 200
28 500
After tax
28 864
29 961
25 800
28 500
Living cost
13 297
13 297
13 297
13 297
Free-cash
15 567
16 664
12 503
15 203

Estimated living cost  is ₴13297 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
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.
₴3453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴24105
₴13786
₴12622
₴18703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
4 899
social contributions
-
-
-
16 644
solidarity contribution
-
-
-
-
health
-
-
-
7 695
total
-
-
-
29 238
Employee
22 265
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
1 447
-
2 765
-
income
2 672
-
5 104
-
health
3 006
-
5 743
-
total
7 125
-
13 612
-
Employer
22 265
-
42 537
-
health
2 004
-
3 828
-
social contributions
5 566
-
10 634
-
total
7 570
-
14 462
-
Corporate
27 165
57 000
-
-
income
5 161
10 830
-
-
total
5 161
10 830
-
-
Dividends
22 003
46 170
-
-
withholding
3 301
6 925
-
-
total
3 301
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 157
17 755
28 074
29 238
After tax
33 843
39 245
28 926
27 762
Living cost
15 140
15 140
15 140
15 140
Free-cash
18 703
24 105
13 786
12 622

Estimated living cost  is ₴15140 per week

₴11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴2780
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
₴16127
₴581
₴12582
₴15885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 507
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
228
health
-
-
-
4 361
pensions
-
-
-
10 545
total
-
-
-
28 669
Employee
21 578
19 672
44 262
-
other
215
197
442
-
unemployment
647
590
1 327
-
pensions
2 210
2 014
4 532
-
income
1 922
1 451
9 322
-
health
835
762
1 713
-
total
5 829
5 014
17 336
-
Employer
21 578
19 672
44 262
-
chamber of commerce
86
79
177
-
health
816
744
1 673
-
pensions
2 708
2 469
5 555
-
accident
280
256
575
-
unemployment
647
590
1 327
-
surtax
-
-
-
-
payroll
647
590
1 327
-
other
1 025
934
2 103
-
total
6 209
5 662
12 737
-
Corporate
29 212
31 666
42 388
-
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.

7 303
7 917
10 597
-
total
7 303
7 917
10 597
-
Dividends
21 909
23 749
-
-
withholding
6 025
6 531
-
-
total
6 025
6 531
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 366
25 124
40 670
28 669
After tax
31 634
31 876
16 330
28 331
Living cost
15 749
15 749
15 749
15 749
Free-cash
15 885
16 127
581
12 582

Estimated living cost  is ₴15749 per week

₴9447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4412
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
₴47871
₴39321
₴50151
₴46693
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
7 849
-
57 000
-
income
1 570
-
11 400
-
total
1 570
-
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%.

49 151
57 000
-
-
total
-
-
-
-
Dividends
49 151
57 000
-
-
withholding
2 458
2 850
-
-
total
2 458
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 028
2 850
11 400
570
After tax
52 972
54 150
45 600
56 430
Living cost
6 279
6 279
6 279
6 279
Free-cash
46 693
47 871
39 321
50 151

Estimated living cost  is ₴6279 per week

₴4249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴1556
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
₴26004
₴14282
₴15917
₴21875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
57 000
income
-
-
-
11 741
unemployment
-
-
-
85
health
-
-
-
5 608
pensions
-
-
-
10 409
total
-
-
-
27 843
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.

21 829
-
49 320
-
unemployment
31
-
69
-
pensions
3 384
-
7 645
-
income
3 764
-
10 898
-
health
1 410
-
3 187
-
total
8 589
-
21 799
-
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.

21 829
-
49 320
-
health
1 454
-
3 285
-
pensions
1 932
-
4 364
-
unemployment
13
-
30
-
total
3 399
-
7 679
-
Corporate
31 773
57 000
-
-
income
6 037
10 830
-
-
total
6 037
10 830
-
-
Dividends
25 736
46 170
-
-
withholding
3 860
6 926
-
-
total
3 860
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 885
17 756
29 478
27 843
After tax
35 115
39 244
27 522
29 157
Living cost
13 240
13 240
13 240
13 240
Free-cash
21 875
26 004
14 282
15 917

Estimated living cost  is ₴13240 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3049
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
₴13389
₴29219
₴18102
-₴16571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
11 110
social contributions
-
-
-
6 498
total
-
-
-
17 608
Employee
30 527
-
-
-
social contributions
2 503
-
357
-
income
6 734
-
-
-
total
9 237
-
357
-
Employer
30 527
-
-
-
social contributions
43 044
-
6 134
-
total
43 044
-
6 134
-
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
52 281
22 321
6 491
17 608
After tax
4 719
34 679
50 509
39 392
Living cost
21 290
21 290
21 290
21 290
Free-cash
-16 571
13 389
29 219
18 102

Estimated living cost  is ₴21290 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5203
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
₴16938
₴12642
₴16028
₴16442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income
-
-
-
5 680
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
total
-
-
-
25 488
Employee
22 703
-
46 060
-
surtax
-
-
-
-
social contributions
2 497
-
5 067
-
income
4 722
-
12 867
-
total
7 219
-
17 934
-
Employer
22 703
-
46 060
-
social contributions
5 392
-
10 940
-
total
5 392
-
10 940
-
Corporate
28 905
57 000
-
-
income
6 070
11 970
-
-
surtax
-
-
-
-
total
6 070
11 970
-
-
Dividends
22 834
45 030
-
-
withholding
6 393
12 608
-
-
total
6 393
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 074
24 578
28 874
25 488
After tax
31 926
32 422
28 126
31 512
Living cost
15 484
15 484
15 484
15 484
Free-cash
16 442
16 938
12 642
16 028

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
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.
₴2727
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
₴4886
₴10800
₴8765
₴8277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
6 509
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 624
health
-
-
-
1 475
pensions
-
-
-
13 018
total
-
-
-
24 393
Employee
30 917
-
45 767
-
pensions
3 497
-
2 464
-
surtax
-
-
-
-
social contributions
881
-
1 304
-
income
2 698
-
7 358
-
total
7 076
-
11 126
-
Employer
30 917
-
45 767
-
health
2 164
-
3 384
-
pensions
5 080
-
4 277
-
unemployment
1 252
-
1 854
-
social contributions
93
-
138
-
other
1 067
-
1 579
-
total
9 656
-
11 232
-
Corporate
16 426
57 000
-
-
income
4 600
15 960
-
-
surtax
-
-
-
-
total
4 600
15 960
-
-
Dividends
11 827
41 040
-
-
surtax
-
-
-
-
social contributions
2 035
7 059
-
-
withholding
1 514
5 253
-
-
total
3 549
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 881
28 272
22 358
24 393
After tax
32 119
28 728
34 642
32 607
Living cost
23 842
23 842
23 842
23 842
Free-cash
8 277
4 886
10 800
8 765

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴5429
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
₴36462
₴29688
₴28174
₴34804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
1 448
social contributions
-
-
-
12 540
total
-
-
-
13 988
Employee
15 870
-
49 350
-
income
-
-
1 617
-
social contributions
1 031
-
3 207
-
total
1 031
-
4 824
-
Employer
15 870
-
49 350
-
social contributions
2 460
-
7 650
-
total
2 460
-
7 650
-
Corporate
38 670
57 000
-
-
income
3 867
5 700
-
-
total
3 867
5 700
-
-
Dividends
34 803
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
7 358
5 700
12 474
13 988
After tax
49 642
51 300
44 526
43 012
Living cost
14 838
14 838
14 838
14 838
Free-cash
34 804
36 462
29 688
28 174

Estimated living cost  is ₴14838 per week

₴9594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3846
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
-₴50444
-₴50444
₴11148
-₴50444
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
labour market
-
-
-
4 526
municipal
-
-
-
10 987
national
-
-
-
6 162
pensions
-
-
-
427
total
-
-
-
22 102
Employee
100 242
100 242
100 242
-
municipal
21 346
21 346
21 346
-
labour market
8 008
8 008
8 008
-
pensions
142
142
142
-
national
12 246
12 246
12 246
-
total
41 742
41 742
41 742
-
Employer
100 242
100 242
100 242
-
national
12 268
12 268
12 268
-
labour market
8 019
8 019
8 019
-
pensions
285
285
285
-
municipal
21 380
21 380
21 380
-
total
41 952
41 952
41 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
83 694
83 694
83 694
22 102
After tax
-26 694
-26 694
-26 694
34 898
Living cost
23 750
23 750
23 750
23 750
Free-cash
-50 444
-50 444
-50 444
11 148

Estimated living cost  is ₴23750 per week

₴16255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5029
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
-₴6233
₴19016
₴28227
₴2953
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
-
-
-
126
income
-
-
-
14 436
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
17 923
Employee
17 067
-
49 448
-
pensions
1 922
-
3 819
-
income
2 341
-
10 101
-
health
1 954
-
5 662
-
total
6 217
-
19 582
-
Employer
17 067
-
49 448
-
pensions
2 775
-
5 515
-
accident
285
-
826
-
unemployment
418
-
1 211
-
total
3 478
-
7 552
-
Corporate
36 455
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.

32 809
51 300
-
-
total
32 809
51 300
-
-
Dividends
3 645
5 700
-
-
withholding
693
1 083
-
-
total
693
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
43 197
52 383
27 134
17 923
After tax
13 803
4 617
29 866
39 077
Living cost
10 850
10 850
10 850
10 850
Free-cash
2 953
-6 233
19 016
28 227

Estimated living cost  is ₴10850 per week

₴7897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2130
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
₴18365
₴12853
₴20668
₴18080
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
-
-
-
10 140
national
-
-
-
6 568
total
-
-
-
17 380
Employee
25 971
-
47 952
-
municipal
4 254
-
7 824
-
unemployment
390
-
719
-
pensions
1 753
-
3 237
-
national
429
-
3 835
-
health
194
-
532
-
total
7 020
-
16 147
-
Employer
25 971
-
47 952
-
health
200
-
369
-
pensions
4 506
-
8 319
-
accident
26
-
48
-
unemployment
169
-
312
-
total
4 901
-
9 048
-
Corporate
26 129
57 000
-
-
income
5 225
11 400
-
-
total
5 225
11 400
-
-
Dividends

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

15 677
34 200
-
-
municipal
2 822
6 155
-
-
national
-
2 128
-
-
total
2 822
8 283
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 968
19 683
25 195
17 380
After tax
37 032
37 317
31 805
39 620
Living cost
18 952
18 952
18 952
18 952
Free-cash
18 080
18 365
12 853
20 668

Estimated living cost  is ₴18952 per week

₴12379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
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.
₴4449
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
₴30251
₴27970
₴28597
₴27564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
7 533
social contributions
-
-
-
7 987
health
-
-
-
1 454
total
-
-
-
16 974
Employee
37 958
37 958
51 793
-
social contributions
1 435
3 150
4 249
-
income
4 133
3 514
7 264
-
health
294
645
881
-
total
5 862
7 309
12 394
-
Employer
37 958
37 958
51 793
-
health
319
703
958
-
social contributions
1 435
3 150
4 249
-
total
1 754
3 853
5 207
-
Corporate
37 954
15 189
-
-
income
4 745
1 899
-
-
total
4 745
1 899
-
-
Dividends
33 209
13 290
-
-
withholding
5 646
2 259
-
-
total
5 646
2 259
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 007
15 320
17 601
16 974
After tax
38 993
41 680
39 399
40 026
Living cost
11 429
11 429
11 429
11 429
Free-cash
27 564
30 251
27 970
28 597

Estimated living cost  is ₴11429 per week

₴6850
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.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
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
₴39365
₴28770
₴38671
₴36853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
57 000
income
-
-
-
5 552
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
10 492
Employee

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

11 331
-
52 176
-
unemployment
56
-
234
-
pensions
1 699
-
7 026
-
income
775
-
4 328
-
health
963
-
3 981
-
total
3 493
-
15 569
-
Employer

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

11 331
-
52 176
-
health
487
-
2 014
-
pensions
623
-
2 576
-
unemployment
56
-
234
-
total
1 166
-
4 824
-
Corporate
44 503
57 000
-
-
income
4 006
5 130
-
-
total
4 006
5 130
-
-
Dividends
40 497
51 870
-
-
withholding
3 645
4 668
-
-
total
3 645
4 668
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 310
9 798
20 393
10 492
After tax
44 690
47 202
36 607
46 508
Living cost
7 837
7 837
7 837
7 837
Free-cash
36 853
39 365
28 770
38 671

Estimated living cost  is ₴7837 per week

₴5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2038
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
₴24781
₴15953
₴17715
₴22224
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
-
-
-
412
income
-
-
-
11 985
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
25 711
Employee
18 253
-
43 220
-
other
18
-
43
-
unemployment
283
-
670
-
pensions
858
-
2 031
-
income
3 519
-
10 949
-
total
4 678
-
13 693
-
Employer
18 253
-
43 220
-
pensions
4 307
-
10 200
-
accident
362
-
856
-
unemployment
1 004
-
2 378
-
other
146
-
346
-
total
5 819
-
13 780
-
Corporate
32 928
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.

4 940
8 550
-
-
total
4 940
8 550
-
-
Dividends
27 989
48 450
-
-
withholding
5 765
10 095
-
-
total
5 765
10 095
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 202
18 645
27 473
25 711
After tax
35 798
38 355
29 527
31 289
Living cost
13 574
13 574
13 574
13 574
Free-cash
22 224
24 781
15 953
17 715

Estimated living cost  is ₴13574 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
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
₴34611
₴35462
₴35531
₴34454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
19 308
health
-
-
-
506
pensions
-
-
-
698
total
-
-
-
20 512
Employee
1 458
-
56 214
-
unemployment
15
-
35
-
pensions
131
-
314
-
income
282
-
19 271
-
health
73
-
175
-
total
501
-
19 795
-
Employer
1 458
-
56 214
-
health
139
-
332
-
pensions
160
-
384
-
unemployment
29
-
70
-
total
328
-
786
-
Corporate
55 214
57 000
-
-
income
12 147
12 540
-
-
total
12 147
12 540
-
-
Dividends
43 067
44 460
-
-
withholding
8 613
8 892
-
-
total
8 613
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 589
21 432
20 581
20 512
After tax
35 411
35 568
36 419
36 488
Living cost
957
957
957
957
Free-cash
34 454
34 611
35 462
35 531

Estimated living cost  is ₴957 per week

₴569
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
₴32645
₴22540
₴22540
₴30214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
57 000
income
-
-
-
12 130
unemployment
-
-
-
547
health
-
-
-
3 758
pensions
-
-
-
9 487
total
-
-
-
25 922
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.

12 875
-
50 469
-
unemployment
97
-
274
-
pensions
1 803
-
5 108
-
income
1 775
-
12 130
-
health
663
-
1 879
-
total
4 338
-
19 391
-
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.

12 875
-
50 469
-
health
663
-
1 879
-
pensions
1 545
-
4 378
-
unemployment
97
-
274
-
total
2 305
-
6 531
-
Corporate
41 820
57 000
-
-
income
6 273
8 550
-
-
total
6 273
8 550
-
-
Dividends
35 547
48 450
-
-
withholding
5 332
7 267
-
-
total
5 332
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 248
15 817
25 922
25 922
After tax
38 752
41 183
31 078
31 078
Living cost
8 538
8 538
8 538
8 538
Free-cash
30 214
32 645
22 540
22 540

Estimated living cost  is ₴8538 per week

₴5749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1882
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
₴19114
₴14818
₴18204
₴18935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income
-
-
-
5 680
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
total
-
-
-
25 488
Employee
19 159
-
46 060
-
surtax
-
-
-
-
social contributions
2 108
-
5 067
-
income
3 744
-
12 867
-
total
5 852
-
17 934
-
Employer
19 159
-
46 060
-
social contributions
4 550
-
10 940
-
total
4 550
-
10 940
-
Corporate
33 291
57 000
-
-
income
6 991
11 970
-
-
surtax
-
-
-
-
total
6 991
11 970
-
-
Dividends
26 300
45 030
-
-
withholding
7 364
12 608
-
-
total
7 364
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 757
24 578
28 874
25 488
After tax
32 243
32 422
28 126
31 512
Living cost
13 308
13 308
13 308
13 308
Free-cash
18 935
19 114
14 818
18 204

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2722
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
₴21006
₴12178
₴13940
₴17276
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
-
-
-
412
income
-
-
-
11 985
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
25 711
Employee
23 840
-
43 220
-
other
23
-
43
-
unemployment
369
-
670
-
pensions
1 120
-
2 031
-
income
4 979
-
10 949
-
total
6 491
-
13 693
-
Employer
23 840
-
43 220
-
pensions
5 626
-
10 200
-
accident
472
-
856
-
unemployment
1 311
-
2 378
-
other
191
-
346
-
total
7 600
-
13 780
-
Corporate
25 559
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.

3 834
8 550
-
-
total
3 834
8 550
-
-
Dividends
21 725
48 450
-
-
withholding
4 450
10 095
-
-
total
4 450
10 095
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 375
18 645
27 473
25 711
After tax
34 625
38 355
29 527
31 289
Living cost
17 349
17 349
17 349
17 349
Free-cash
17 276
21 006
12 178
13 940

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3296
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
₴40246
₴37272
₴35359
₴37236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
8 550
unemployment
-
-
-
69
health
-
-
-
1 982
pensions

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

-
-
-
2 551
total
-
-
-
13 152
Employee
11 240
-
53 618
-
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.

987
-
1 513
-
income
1 124
-
5 362
-
health
517
-
793
-
total
2 752
-
7 858
-
Employer
11 240
-
53 618
-
health
776
-
1 189
-
pensions

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

1 239
-
1 899
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
103
-
total
2 207
-
3 381
-
Corporate
43 554
57 000
-
-
income
4 356
5 700
-
-
total
4 356
5 700
-
-
Dividends
39 199
51 300
-
-
withholding
1 960
2 565
-
-
total
1 960
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 275
8 265
11 239
13 152
After tax
45 725
48 735
45 761
43 848
Living cost
8 489
8 489
8 489
8 489
Free-cash
37 236
40 246
37 272
35 359

Estimated living cost  is ₴8489 per week

₴5614
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.
₴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.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴10326
₴19486
₴14600
₴16783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
income

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

-
-
-
14 298
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.

-
-
-
786
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.

-
-
-
3 372
trade
-
-
-
4 886
total
-
-
-
23 342
Employee

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

24 561
-
57 000
-
surtax

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

111
-
786
-
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.

2 020
-
14 298
-
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.

3 372
-
3 372
-
total
5 503
-
18 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 439
57 000
-
-
income
4 866
8 550
-
-
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.

268
470
-
-
chamber of commerce
123
158
-
-
trade
4 655
8 180
-
-
total
9 912
17 358
-
-
Dividends
22 528
39 642
-
-
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.

300
535
-
-
withholding
5 444
9 723
-
-
total
5 744
10 258
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 159
27 616
18 456
23 342
After tax
35 841
29 384
38 544
33 658
Living cost
19 058
19 058
19 058
19 058
Free-cash
16 783
10 326
19 486
14 600

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3584
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
₴11780
₴9009
₴9009
₴12870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
14 641
social contributions
-
-
-
5 230
total
-
-
-
19 871
Employee
38 613
-
57 000
-
income
7 286
-
14 641
-
social contributions
3 208
-
5 230
-
total
10 494
-
19 871
-
Employer
38 613
-
57 000
-
total
-
-
-
-
Corporate
18 387
57 000
-
-
income
2 298
7 125
-
-
total
2 298
7 125
-
-
Dividends
16 089
49 875
-
-
withholding
3 218
9 975
-
-
total
3 218
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
16 010
17 100
19 871
19 871
After tax
40 990
39 900
37 129
37 129
Living cost
28 120
28 120
28 120
28 120
Free-cash
12 870
11 780
9 009
9 009

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4167
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
₴16523
₴24061
₴22016
₴18248
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
-
-
-
14 051
health

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

-
-
-
3 014
total
-
-
-
17 065
Employee
22 645
-
54 729
-
income
2 457
-
10 478
-
social contributions
2 269
-
2 271
-
total
4 726
-
12 749
-
Employer
22 645
-
54 729
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
32 086
57 000
-
-
income
11 230
19 950
-
-
total
11 230
19 950
-
-
Dividends
20 856
37 050
-
-
social contributions
2 608
2 608
-
-
total
2 608
2 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 833
22 558
15 020
17 065
After tax
36 167
34 442
41 980
39 935
Living cost
17 919
17 919
17 919
17 919
Free-cash
18 248
16 523
24 061
22 016

Estimated living cost  is ₴17919 per week

₴11803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
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
₴22293
₴16508
₴21829
₴21794
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
-
-
-
13 201
pensions
-
-
-
3 815
total
-
-
-
17 016
Employee
24 920
-
50 061
-
pensions
1 902
-
4 905
-
income
4 538
-
9 654
-
health
325
-
839
-
total
6 765
-
15 398
-
Employer
24 920
-
50 061
-
health
474
-
952
-
pensions
2 518
-
5 987
-
total
2 992
-
6 939
-
Corporate
29 089
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.

5 527
10 830
-
-
total
5 527
10 830
-
-
Dividends
23 561
46 170
-
-
withholding
1 767
5 722
-
-
total
1 767
5 722
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 051
16 552
22 337
17 016
After tax
39 949
40 448
34 663
39 984
Living cost
18 155
18 155
18 155
18 155
Free-cash
21 794
22 293
16 508
21 829

Estimated living cost  is ₴18155 per week

₴12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3803
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
-₴7307
₴17942
₴27153
₴2788
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
-
-
-
126
income
-
-
-
14 436
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
17 923
Employee
18 757
-
49 448
-
pensions
2 112
-
3 819
-
income
2 573
-
10 101
-
health
2 148
-
5 662
-
total
6 833
-
19 582
-
Employer
18 757
-
49 448
-
pensions
3 050
-
5 515
-
accident
313
-
826
-
unemployment
459
-
1 211
-
total
3 822
-
7 552
-
Corporate
34 421
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.

30 979
51 300
-
-
total
30 979
51 300
-
-
Dividends
3 442
5 700
-
-
withholding
654
1 083
-
-
total
654
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 288
52 383
27 134
17 923
After tax
14 712
4 617
29 866
39 077
Living cost
11 924
11 924
11 924
11 924
Free-cash
2 788
-7 307
17 942
27 153

Estimated living cost  is ₴11924 per week

₴8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴695
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.
₴2238
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
₴41307
₴30556
₴25720
₴39002
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
-
-
-
8 947
unemployment
-
-
-
684
work injury
-
-
-
285
health insurance
-
-
-
4 218
pensions
-
-
-
10 488
total
-
-
-
24 622
Employee

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

10 653
-
57 000
-
health insurance
788
-
2 917
-
unemployment
128
-
473
-
work injury
53
-
197
-
pensions
1 960
-
7 252
-
income
1 065
-
8 947
-
total
3 994
-
19 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 347
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
45 884
56 430
-
-
withholding
6 883
8 465
-
-
total
6 883
8 465
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 340
9 035
19 786
24 622
After tax
45 660
47 965
37 214
32 378
Living cost
6 658
6 658
6 658
6 658
Free-cash
39 002
41 307
30 556
25 720

Estimated living cost  is ₴6658 per week

₴4125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1842
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
₴10358
₴5835
₴8443
₴8114
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
-
-
-
14 660
regional
-
-
-
1 209
municipal
-
-
-
381
national
-
-
-
12 642
total
-
-
-
28 892
Employee
41 597
-
57 000
-
municipal
248
-
340
-
national
7 029
-
10 909
-
regional
628
-
1 030
-
social contributions
14 026
-
19 221
-
total
21 931
-
31 500
-
Employer
41 597
-
57 000
-
total
-
-
-
-
Corporate
15 403
57 000
-
-
municipal
743
2 748
-
-
nationa
3 696
13 680
-
-
total
4 439
16 428
-
-
Dividends
10 964
40 573
-
-
withholding
2 851
10 549
-
-
total
2 851
10 549
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 221
26 977
31 500
28 892
After tax
27 779
30 023
25 500
28 108
Living cost
19 665
19 665
19 665
19 665
Free-cash
8 114
10 358
5 835
8 443

Estimated living cost  is ₴19665 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
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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