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
₴13724
₴23525
₴18192
₴19229
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.

-
-
-
14 219
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.

-
-
-
782
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.

-
-
-
3 400
trade
-
-
-
5 333
total
-
-
-
23 734
Employee

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

19 035
-
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
-
782
-
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.

532
-
14 219
-
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.

3 400
-
3 400
-
total
3 961
-
18 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 965
57 000
-
-
income
5 695
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.

314
470
-
-
chamber of commerce
130
158
-
-
trade
5 979
8 978
-
-
total
12 118
18 156
-
-
Dividends
25 847
38 844
-
-
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.

345
524
-
-
withholding
6 273
9 522
-
-
total
6 618
10 046
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 697
28 202
18 401
23 734
After tax
34 303
28 798
38 599
33 266
Living cost
15 074
15 074
15 074
15 074
Free-cash
19 229
13 724
23 525
18 192

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
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.
₴3553
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
₴9071
₴8210
₴7763
₴8630
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
-
-
-
5 996
national
-
-
-
9 291
pensions
-
-
-
6 840
total
-
-
-
22 740
Employee
41 075
-
49 276
-
municipal
5 073
-
6 217
-
pensions
1 643
-
1 971
-
national
7 862
-
9 633
-
total
14 578
-
17 821
-
Employer
41 075
-
49 276
-
pensions
3 286
-
3 942
-
social contributions
442
-
530
-
total
3 728
-
4 472
-
Corporate
9 487
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%.

1 897
11 400
-
-
total
1 897
11 400
-
-
Dividends
7 589
45 600
-
-
withholding
1 670
10 032
-
-
total
1 670
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 873
21 432
22 293
22 740
After tax
35 127
35 568
34 707
34 260
Living cost
26 497
26 497
26 497
26 497
Free-cash
8 630
9 071
8 210
7 763

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴5628
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
₴35246
₴21691
₴19991
₴31163
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
-
-
-
8 329
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
-
-
-
26 655
Employee
14 542
-
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.

1 600
-
5 053
-
income
2 589
-
8 836
-
total
4 189
-
13 889
-
Employer
14 542
-
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.

3 503
-
11 066
-
surtax
-
-
-
-
total
3 503
-
11 066
-
Corporate
38 955
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%.

7 791
11 400
-
-
total
7 791
11 400
-
-
Dividends

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

31 164
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 483
11 400
24 955
26 655
After tax
41 517
45 600
32 045
30 345
Living cost
10 354
10 354
10 354
10 354
Free-cash
31 163
35 246
21 691
19 991

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2527
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
₴6916
₴8980
₴11704
₴3868
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
-
-
-
12 480
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
24 448
Employee
42 499
42 499
48 506
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
6 956
-
health
6 523
5 549
5 891
-
total
21 129
18 336
18 678
-
Employer
42 499
42 499
48 506
-
health
2 954
2 954
3 372
-
pensions
2 958
2 958
3 376
-
unemployment
1 530
1 530
1 746
-
total
7 442
7 442
8 494
-
Corporate
7 580
7 058
-
-
income
1 516
1 412
-
-
total
1 516
1 412
-
-
Dividends
6 064
5 647
-
-
income
1 288
1 199
-
-
withholding
909
847
-
-
total
2 197
2 046
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 284
29 236
27 172
24 448
After tax
24 716
27 764
29 828
32 552
Living cost
20 848
20 848
20 848
20 848
Free-cash
3 868
6 916
8 980
11 704

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴3863
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
₴11241
₴10111
₴10616
₴10795
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
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
13 233
national
-
-
-
647
pensions
-
-
-
4 710
total
-
-
-
26 503
Employee
28 329
-
43 372
-
municipal
8 448
-
12 934
-
national
-
-
446
-
total
8 448
-
13 380
-
Employer
28 329
-
43 372
-
health
1 742
-
2 667
-
pensions
3 062
-
4 689
-
accident
57
-
87
-
unemployment
748
-
1 145
-
other
3 292
-
5 040
-
total
8 901
-
13 628
-
Corporate
19 770
57 000
-
-
income
4 349
12 540
-
-
total
4 349
12 540
-
-
Dividends
15 420
44 460
-
-
withholding
4 626
13 338
-
-
total
4 626
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 324
25 878
27 008
26 503
After tax
30 676
31 122
29 992
30 497
Living cost
19 881
19 881
19 881
19 881
Free-cash
10 795
11 241
10 111
10 616

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
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.
₴4452
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
₴8955
₴19048
₴13478
₴15948
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.

-
-
-
14 219
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.

-
-
-
782
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.

-
-
-
3 400
trade
-
-
-
5 570
total
-
-
-
23 971
Employee

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

25 238
-
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.

119
-
782
-
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.

2 168
-
14 219
-
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.

3 400
-
3 400
-
total
5 687
-
18 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 762
57 000
-
-
income
4 765
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.

262
470
-
-
chamber of commerce
121
157
-
-
trade
5 225
9 376
-
-
total
10 373
18 553
-
-
Dividends
21 390
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.

283
518
-
-
withholding
5 158
9 423
-
-
total
5 441
9 941
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 501
28 494
18 401
23 971
After tax
35 499
28 506
38 599
33 029
Living cost
19 551
19 551
19 551
19 551
Free-cash
15 948
8 955
19 048
13 478

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
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
₴25540
₴23264
₴23895
₴23475
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
-
-
-
7 458
social contributions
-
-
-
8 052
health
-
-
-
1 453
total
-
-
-
16 963
Employee
38 269
38 269
51 758
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
7 188
-
health
381
651
880
-
total
6 260
7 370
12 352
-
Employer
38 269
38 269
51 758
-
health
415
708
958
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 242
-
Corporate
32 325
14 847
-
-
income
4 040
1 856
-
-
total
4 040
1 856
-
-
Dividends
28 285
12 991
-
-
withholding
4 808
2 208
-
-
total
4 808
2 208
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 383
15 318
17 594
16 963
After tax
39 617
41 682
39 406
40 037
Living cost
16 142
16 142
16 142
16 142
Free-cash
23 475
25 540
23 264
23 895

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
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.
₴3576
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
₴23162
₴24124
₴30567
₴23347
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.

12 876
5 124
47 699
-
unemployment
193
77
715
-
pensions
1 288
512
4 770
-
income
1 574
626
5 831
-
health
901
359
3 339
-
total
3 956
1 574
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.

12 876
5 124
47 699
-
pensions
2 511
999
9 301
-
total
2 511
999
9 301
-
Corporate
41 614
50 876
-
-
income
3 745
4 579
-
-
total
3 745
4 579
-
-
Dividends
37 868
46 298
-
-
social contributions
7 326
8 969
-
-
withholding
7 195
8 797
-
-
total
14 521
17 766
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 733
24 918
23 956
17 513
After tax
32 267
32 082
33 044
39 487
Living cost
8 920
8 920
8 920
8 920
Free-cash
23 347
23 162
24 124
30 567

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴1925
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
₴33579
₴20832
₴18531
₴30488
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
14 118
-
42 601
-
unemployment
226
-
682
-
pensions
282
-
852
-
income
1 589
-
8 214
-
total
2 097
-
9 748
-
Employer
14 118
-
42 601
-
health
1 835
-
5 538
-
pensions
2 824
-
8 520
-
unemployment
113
-
341
-
total
4 772
-
14 399
-
Corporate
38 110
57 000
-
-
income
7 622
11 400
-
-
total
7 622
11 400
-
-
Dividends
30 488
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 491
11 400
24 147
26 448
After tax
42 509
45 600
32 853
30 552
Living cost
12 021
12 021
12 021
12 021
Free-cash
30 488
33 579
20 832
18 531

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
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.
₴2818
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
-₴6494
₴18728
₴27970
₴2913
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
-
-
-
128
income
-
-
-
14 402
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
17 919
Employee
17 478
-
49 401
-
pensions
1 968
-
3 853
-
income
2 398
-
10 053
-
health
2 001
-
5 656
-
total
6 367
-
19 562
-
Employer
17 478
-
49 401
-
pensions
2 842
-
5 564
-
accident
292
-
825
-
unemployment
428
-
1 210
-
total
3 562
-
7 599
-
Corporate
35 960
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.

32 364
51 300
-
-
total
32 364
51 300
-
-
Dividends
3 596
5 700
-
-
withholding
683
1 083
-
-
total
683
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 976
52 383
27 161
17 919
After tax
14 024
4 617
29 839
39 081
Living cost
11 111
11 111
11 111
11 111
Free-cash
2 913
-6 494
18 728
27 970

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2120
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
₴50140
₴41590
₴52420
₴49388
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
5 012
-
57 000
-
income
1 002
-
11 400
-
total
1 002
-
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%.

51 988
57 000
-
-
total
-
-
-
-
Dividends
51 988
57 000
-
-
withholding
2 600
2 850
-
-
total
2 600
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
3 602
2 850
11 400
570
After tax
53 398
54 150
45 600
56 430
Living cost
4 010
4 010
4 010
4 010
Free-cash
49 388
50 140
41 590
52 420

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1081
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
₴28616
₴19780
₴17423
₴25257
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
-
-
-
7 420
other
-
-
-
2 708
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.

-
-
-
13 680
total
-
-
-
26 316
Employee
18 070
-
45 526
-
unemployment
180
-
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.

1 265
-
3 187
-
income
3 111
-
8 206
-
health
253
-
637
-
total
4 809
-
12 485
-
Employer
18 070
-
45 526
-
health
253
-
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.

3 072
-
7 740
-
accident
144
-
365
-
unemployment
180
-
455
-
other
904
-
2 277
-
total
4 553
-
11 474
-
Corporate
34 376
57 000
-
-
income
7 219
11 970
-
-
total
7 219
11 970
-
-
Dividends
27 157
45 030
-
-
withholding
1 901
3 153
-
-
total
1 901
3 153
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 482
15 123
23 959
26 316
After tax
38 518
41 877
33 041
30 684
Living cost
13 261
13 261
13 261
13 261
Free-cash
25 257
28 616
19 780
17 423

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2782
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
₴7360
₴1565
₴6846
₴2632
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
-
-
-
13 044
pensions
-
-
-
3 862
total
-
-
-
16 906
Employee
47 041
-
50 076
-
pensions
4 538
-
4 903
-
income
8 480
-
9 523
-
health
775
-
838
-
total
13 793
-
15 264
-
Employer
47 041
-
50 076
-
health
893
-
951
-
pensions
5 554
-
5 972
-
total
6 447
-
6 923
-
Corporate
3 511
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.

667
10 830
-
-
total
667
10 830
-
-
Dividends
2 844
46 170
-
-
withholding
213
5 562
-
-
total
213
5 562
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 120
16 392
22 187
16 906
After tax
35 880
40 608
34 813
40 094
Living cost
33 248
33 248
33 248
33 248
Free-cash
2 632
7 360
1 565
6 846

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
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
₴42211
₴39192
₴37285
₴39900
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
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
13 191
Employee
8 638
-
53 590
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
5 359
-
health
397
-
799
-
total
2 114
-
7 875
-
Employer
8 638
-
53 590
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
46 667
57 000
-
-
income
4 667
5 700
-
-
total
4 667
5 700
-
-
Dividends
42 000
51 300
-
-
withholding
2 100
2 565
-
-
total
2 100
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
10 576
8 265
11 284
13 191
After tax
46 424
48 735
45 716
43 809
Living cost
6 524
6 524
6 524
6 524
Free-cash
39 900
42 211
39 192
37 285

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2076
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
₴167
₴2231
₴4955
₴1420
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
-
-
-
12 480
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
24 448
Employee
46 141
42 499
48 506
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
6 956
-
health
5 756
5 549
5 891
-
total
18 543
18 336
18 678
-
Employer
46 141
42 499
48 506
-
health
3 206
2 954
3 372
-
pensions
3 211
2 958
3 376
-
unemployment
1 661
1 530
1 746
-
total
8 078
7 442
8 494
-
Corporate
2 781
7 058
-
-
income
556
1 412
-
-
total
556
1 412
-
-
Dividends
2 224
5 647
-
-
income
473
1 199
-
-
withholding
333
847
-
-
total
806
2 046
-
-
Income
57 000
57 000
57 000
57 000
Total tax
27 983
29 236
27 172
24 448
After tax
29 017
27 764
29 828
32 552
Living cost
27 597
27 597
27 597
27 597
Free-cash
1 420
167
2 231
4 955

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
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
₴27040
₴16721
₴15557
₴22686
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
17 948
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
2 765
-
income
2 154
-
5 104
-
health
2 423
-
5 743
-
total
5 744
-
13 612
-
Employer
17 948
-
42 537
-
health
1 615
-
3 828
-
social contributions
4 487
-
10 634
-
total
6 102
-
14 462
-
Corporate
32 949
57 000
-
-
income
6 260
10 830
-
-
total
6 260
10 830
-
-
Dividends
26 689
46 170
-
-
withholding
4 003
6 925
-
-
total
4 003
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 109
17 755
28 074
29 238
After tax
34 891
39 245
28 926
27 762
Living cost
12 205
12 205
12 205
12 205
Free-cash
22 686
27 040
16 721
15 557

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2619
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
₴9412
₴5034
₴7746
₴6814
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
-
-
-
641
municipal
-
-
-
339
national
-
-
-
12 614
total
-
-
-
28 254
Employee
44 230
-
57 000
-
municipal
234
-
302
-
national
7 664
-
10 881
-
regional
417
-
563
-
social contributions
14 914
-
19 220
-
total
23 229
-
30 966
-
Employer
44 230
-
57 000
-
total
-
-
-
-
Corporate
12 770
57 000
-
-
municipal
498
2 223
-
-
nationa
3 065
13 680
-
-
total
3 563
15 903
-
-
Dividends
9 207
41 097
-
-
withholding
2 394
10 685
-
-
total
2 394
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 186
26 588
30 966
28 254
After tax
27 814
30 412
26 034
28 746
Living cost
21 000
21 000
21 000
21 000
Free-cash
6 814
9 412
5 034
7 746

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
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.
₴4662
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
₴24871
₴16337
₴17272
₴23321
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
-
-
-
11 659
other
-
-
-
-
surtax
-
-
-
1 527
unemployment
-
-
-
113
health
-
-
-
4 047
pensions
-
-
-
11 400
total
-
-
-
28 746
Employee
16 458
-
47 087
-
other
-
-
-
-
unemployment
1 146
-
3 277
-
pensions
1 097
-
3 141
-
surtax
54
-
1 379
-
income
2 759
-
10 772
-
health
420
-
1 200
-
total
5 476
-
19 769
-
Employer
16 458
-
47 087
-
health
749
-
2 143
-
pensions
2 194
-
6 277
-
unemployment
521
-
1 492
-
other
-
-
-
-
total
3 464
-
9 912
-
Corporate
37 078
57 000
-
-
income
9 641
14 820
-
-
total
9 641
14 820
-
-
Dividends
27 437
42 180
-
-
withholding
4 116
6 327
-
-
total
4 116
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 697
21 147
29 681
28 746
After tax
34 303
35 853
27 319
28 254
Living cost
10 982
10 982
10 982
10 982
Free-cash
23 321
24 871
16 337
17 272

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
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.
₴3000
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
₴17894
₴12099
₴17380
₴16080
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
-
-
-
13 044
pensions
-
-
-
3 862
total
-
-
-
16 906
Employee
31 526
-
50 076
-
pensions
2 676
-
4 903
-
income
5 678
-
9 523
-
health
458
-
838
-
total
8 812
-
15 264
-
Employer
31 526
-
50 076
-
health
599
-
951
-
pensions
3 413
-
5 972
-
total
4 012
-
6 923
-
Corporate
21 463
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.

4 078
10 830
-
-
total
4 078
10 830
-
-
Dividends
17 384
46 170
-
-
withholding
1 304
5 562
-
-
total
1 304
5 562
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 206
16 392
22 187
16 906
After tax
38 794
40 608
34 813
40 094
Living cost
22 714
22 714
22 714
22 714
Free-cash
16 080
17 894
12 099
17 380

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴13230
₴5207
₴8035
₴3582
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
-
-
-
2 108
health
-
-
-
128
city
-
-
-
600
national
-
-
-
450
pensions
-
-
-
5 244
total
-
-
-
9 670
Employee
45 985
-
51 018
-
unemployment
-
-
-
-
pensions
3 863
-
4 285
-
national
218
-
333
-
regional
1 506
-
1 797
-
city
494
-
548
-
health
104
-
115
-
total
6 185
-
7 078
-
Employer
45 985
-
51 018
-
health
104
-
115
-
pensions
3 863
-
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.

919
-
1 020
-
total
4 886
-
5 420
-
Corporate
5 622
57 000
-
-
regional
1 189
12 055
-
-
national
478
4 845
-
-
total
1 667
16 900
-
-
Dividends
3 955
40 099
-
-
withholding
1 385
14 035
-
-
total
1 385
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 123
30 935
12 498
9 670
After tax
42 877
26 065
44 502
47 330
Living cost
39 295
39 295
39 295
39 295
Free-cash
3 582
-13 230
5 207
8 035

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
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.
₴9733
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
₴5414
₴15800
₴9993
₴13483
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.

-
-
-
14 219
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.

-
-
-
782
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.

-
-
-
3 400
trade
-
-
-
5 807
total
-
-
-
24 208
Employee

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

29 909
-
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.

194
-
782
-
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.

3 517
-
14 219
-
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.

3 400
-
3 400
-
total
7 111
-
18 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 091
57 000
-
-
income
4 064
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.

224
470
-
-
chamber of commerce
113
156
-
-
trade
4 646
9 776
-
-
total
9 047
18 952
-
-
Dividends
18 044
38 048
-
-
surtax

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

238
513
-
-
withholding
4 322
9 322
-
-
total
4 560
9 835
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 718
28 787
18 401
24 208
After tax
36 282
28 213
38 599
32 792
Living cost
22 799
22 799
22 799
22 799
Free-cash
13 483
5 414
15 800
9 993

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
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.
₴4028
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
₴11701
₴17693
₴15592
₴14643
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
-
-
-
6 451
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
1 453
pensions
-
-
-
13 087
total
-
-
-
24 381
Employee
21 300
-
45 804
-
pensions
2 408
-
2 450
-
surtax
-
-
-
-
social contributions
607
-
1 305
-
income
1 257
-
7 329
-
total
4 272
-
11 084
-
Employer
21 300
-
45 804
-
health
1 491
-
3 368
-
pensions
3 499
-
4 256
-
unemployment
862
-
1 855
-
social contributions
64
-
137
-
other
735
-
1 580
-
total
6 651
-
11 196
-
Corporate
29 049
57 000
-
-
income
8 133
15 960
-
-
surtax
-
-
-
-
total
8 133
15 960
-
-
Dividends
20 915
41 040
-
-
surtax
-
-
-
-
social contributions
3 597
7 059
-
-
withholding
2 677
5 253
-
-
total
6 274
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 330
28 272
22 280
24 381
After tax
31 670
28 728
34 720
32 619
Living cost
17 027
17 027
17 027
17 027
Free-cash
14 643
11 701
17 693
15 592

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
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
₴13388
₴19380
₴17279
₴16155
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
-
-
-
6 451
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
1 453
pensions
-
-
-
13 087
total
-
-
-
24 381
Employee
19 013
-
45 804
-
pensions
2 150
-
2 450
-
surtax
-
-
-
-
social contributions
542
-
1 305
-
income
980
-
7 329
-
total
3 672
-
11 084
-
Employer
19 013
-
45 804
-
health
1 331
-
3 368
-
pensions
3 124
-
4 256
-
unemployment
770
-
1 855
-
social contributions
57
-
137
-
other
656
-
1 580
-
total
5 938
-
11 196
-
Corporate
32 049
57 000
-
-
income
8 974
15 960
-
-
surtax
-
-
-
-
total
8 974
15 960
-
-
Dividends
23 075
41 040
-
-
surtax
-
-
-
-
social contributions
3 968
7 059
-
-
withholding
2 953
5 253
-
-
total
6 921
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 505
28 272
22 280
24 381
After tax
31 495
28 728
34 720
32 619
Living cost
15 340
15 340
15 340
15 340
Free-cash
16 155
13 388
19 380
17 279

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4595
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
₴24223
₴25777
₴26052
₴24482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
8 550
social contributions
-
-
-
7 866
health
-
-
-
3 979
total
-
-
-
20 395
Employee
16 874
-
57 000
-
social contributions
2 329
-
7 866
-
income
2 814
-
8 825
-
health
1 178
-
3 979
-
total
6 321
-
20 670
-
Employer
16 874
-
57 000
-
total
-
-
-
-
Corporate
40 126
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%.

2 006
2 850
-
-
total
2 006
2 850
-
-
Dividends
38 120
54 150
-
-
social contributions
5 260
7 472
-
-
withholding
5 718
8 122
-
-
health
2 660
3 780
-
-
total
13 638
19 374
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 965
22 224
20 670
20 395
After tax
35 035
34 776
36 330
36 605
Living cost
10 553
10 553
10 553
10 553
Free-cash
24 482
24 223
25 777
26 052

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
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
₴14294
-₴1172
₴10733
₴13528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 448
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
228
health
-
-
-
4 360
pensions
-
-
-
10 545
total
-
-
-
28 731
Employee
24 872
19 833
44 183
-
other
248
198
442
-
unemployment
746
595
1 325
-
pensions
2 547
2 031
4 525
-
income
2 831
1 463
9 247
-
health
962
768
1 709
-
total
7 334
5 055
17 248
-
Employer
24 872
19 833
44 183
-
chamber of commerce
99
79
177
-
health
940
750
1 670
-
pensions
3 121
2 490
5 545
-
accident
323
258
574
-
unemployment
746
595
1 325
-
surtax
98
98
98
-
payroll
746
595
1 325
-
other
1 181
942
2 099
-
total
7 254
5 807
12 813
-
Corporate
24 873
31 361
42 298
-
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.

6 218
7 840
10 575
-
total
6 218
7 840
10 575
-
Dividends
18 655
23 521
-
-
withholding
5 130
6 468
-
-
total
5 130
6 468
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 936
25 170
40 636
28 731
After tax
31 064
31 830
16 364
28 269
Living cost
17 536
17 536
17 536
17 536
Free-cash
13 528
14 294
-1 172
10 733

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
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.
₴4056
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
₴13795
₴3637
₴7795
₴6331
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.

-
-
-
2 870
social contributions
-
-
-
9 164
national
-
-
-
19 025
total
-
-
-
31 059
Employee

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

35 599
-
44 147
-
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.

310
-
384
-
communal

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

1 857
-
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.

2 670
-
3 311
-
national
10 945
-
14 295
-
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.

1 673
-
2 075
-
total
17 455
-
22 368
-
Employer

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

35 599
-
44 147
-
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.

2 189
-
2 715
-
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.

3 154
-
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.

463
-
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.

519
-
644
-
surtax
4 036
-
5 005
-
total
10 361
-
12 849
-
Corporate
11 039
57 000
-
-
income
2 208
11 400
-
-
surtax
44
228
-
-
total
2 252
11 628
-
-
Dividends
8 786
45 372
-
-
withholding

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

2 455
13 431
-
-
total
2 455
13 431
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 523
25 059
35 217
31 059
After tax
24 477
31 941
21 783
25 941
Living cost
18 146
18 146
18 146
18 146
Free-cash
6 331
13 795
3 637
7 795

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
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.
₴4587
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
₴20391
₴11587
₴13278
₴16452
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
-
-
-
416
income
-
-
-
11 910
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
25 749
Employee
24 773
-
43 221
-
other
25
-
43
-
unemployment
384
-
670
-
pensions
1 164
-
2 031
-
income
5 227
-
10 916
-
total
6 800
-
13 660
-
Employer
24 773
-
43 221
-
pensions
5 846
-
10 200
-
accident
490
-
856
-
unemployment
1 363
-
2 377
-
other
197
-
347
-
total
7 896
-
13 780
-
Corporate
24 331
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.

3 649
8 550
-
-
total
3 649
8 550
-
-
Dividends
20 681
48 450
-
-
withholding
4 230
10 086
-
-
total
4 230
10 086
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 575
18 636
27 440
25 749
After tax
34 425
38 364
29 560
31 251
Living cost
17 973
17 973
17 973
17 973
Free-cash
16 452
20 391
11 587
13 278

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
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.
₴3204
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
₴7565
₴6841
₴4516
₴3828
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
-
-
-
3 602
accident
-
-
-
481
income
-
-
-
5 981
surtax
-
-
-
2 826
health
-
-
-
4 005
pensions
-
-
-
8 543
total
-
-
-
25 438
Employee
37 688
-
50 915
-
pensions
3 015
-
4 073
-
surtax
2 310
-
3 120
-
income
3 640
-
7 568
-
health
1 677
-
2 267
-
total
10 642
-
17 028
-
Employer
37 688
-
50 915
-
health
1 149
-
1 554
-
pensions
3 015
-
4 073
-
accident
339
-
458
-
total
4 503
-
6 085
-
Corporate
14 808
57 000
-
-
communal
-
3 848
-
-
income
2 221
8 550
-
-
surtax
156
599
-
-
total
2 377
12 997
-
-
Dividends
12 431
44 004
-
-
income
6 740
2 791
-
-
withholding
1 864
6 601
-
-
total
8 604
9 392
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 126
22 389
23 113
25 438
After tax
30 874
34 611
33 887
31 562
Living cost
27 046
27 046
27 046
27 046
Free-cash
3 828
7 565
6 841
4 516

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
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.
₴4832
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
₴24675
₴16141
₴17076
₴23092
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
-
-
-
11 659
other
-
-
-
-
surtax
-
-
-
1 527
unemployment
-
-
-
113
health
-
-
-
4 047
pensions
-
-
-
11 400
total
-
-
-
28 746
Employee
16 760
-
47 087
-
other
-
-
-
-
unemployment
1 166
-
3 277
-
pensions
1 118
-
3 141
-
surtax
59
-
1 379
-
income
2 810
-
10 772
-
health
428
-
1 200
-
total
5 581
-
19 769
-
Employer
16 760
-
47 087
-
health
762
-
2 143
-
pensions
2 235
-
6 277
-
unemployment
532
-
1 492
-
other
-
-
-
-
total
3 529
-
9 912
-
Corporate
36 712
57 000
-
-
income
9 545
14 820
-
-
total
9 545
14 820
-
-
Dividends
27 166
42 180
-
-
withholding
4 075
6 327
-
-
total
4 075
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 730
21 147
29 681
28 746
After tax
34 270
35 853
27 319
28 254
Living cost
11 178
11 178
11 178
11 178
Free-cash
23 092
24 675
16 141
17 076

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3199
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
₴16554
₴12424
₴15121
₴15449
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
-
-
-
860
municipal
-
-
-
339
national
-
-
-
12 614
total
-
-
-
28 473
Employee
27 607
-
57 000
-
municipal
146
-
302
-
national
4 374
-
10 881
-
regional
372
-
767
-
social contributions
9 309
-
19 220
-
total
14 201
-
31 170
-
Employer
27 607
-
57 000
-
total
-
-
-
-
Corporate
29 393
57 000
-
-
municipal
1 461
2 833
-
-
nationa
7 054
13 680
-
-
total
8 515
16 513
-
-
Dividends
20 878
40 487
-
-
withholding
5 429
10 527
-
-
total
5 429
10 527
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 145
27 040
31 170
28 473
After tax
28 855
29 960
25 830
28 527
Living cost
13 406
13 406
13 406
13 406
Free-cash
15 449
16 554
12 424
15 121

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴3481
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
₴24206
₴13887
₴12723
₴18840
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
22 117
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
2 765
-
income
2 654
-
5 104
-
health
2 986
-
5 743
-
total
7 078
-
13 612
-
Employer
22 117
-
42 537
-
health
1 990
-
3 828
-
social contributions
5 529
-
10 634
-
total
7 519
-
14 462
-
Corporate
27 363
57 000
-
-
income
5 199
10 830
-
-
total
5 199
10 830
-
-
Dividends
22 164
46 170
-
-
withholding
3 325
6 925
-
-
total
3 325
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 121
17 755
28 074
29 238
After tax
33 879
39 245
28 926
27 762
Living cost
15 039
15 039
15 039
15 039
Free-cash
18 840
24 206
13 887
12 723

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴2762
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
₴16006
₴501
₴12489
₴15760
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
-
-
-
10 448
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
228
health
-
-
-
4 360
pensions
-
-
-
10 545
total
-
-
-
28 633
Employee
21 755
19 833
44 262
-
other
217
198
443
-
unemployment
653
595
1 328
-
pensions
2 228
2 031
4 532
-
income
1 938
1 463
9 273
-
health
841
768
1 713
-
total
5 877
5 055
17 289
-
Employer
21 755
19 833
44 262
-
chamber of commerce
87
79
177
-
health
823
750
1 674
-
pensions
2 730
2 490
5 555
-
accident
282
258
575
-
unemployment
653
595
1 328
-
surtax
-
-
-
-
payroll
653
595
1 328
-
other
1 033
942
2 102
-
total
6 261
5 709
12 739
-
Corporate
28 985
31 459
42 373
-
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.

7 246
7 864
10 593
-
total
7 246
7 864
10 593
-
Dividends
21 739
23 595
-
-
withholding
5 978
6 488
-
-
total
5 978
6 488
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 362
25 116
40 621
28 633
After tax
31 638
31 884
16 379
28 367
Living cost
15 878
15 878
15 878
15 878
Free-cash
15 760
16 006
501
12 489

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
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
₴47901
₴39351
₴50181
₴46729
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
7 811
-
57 000
-
income
1 562
-
11 400
-
total
1 562
-
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%.

49 189
57 000
-
-
total
-
-
-
-
Dividends
49 189
57 000
-
-
withholding
2 460
2 850
-
-
total
2 460
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 022
2 850
11 400
570
After tax
52 978
54 150
45 600
56 430
Living cost
6 249
6 249
6 249
6 249
Free-cash
46 729
47 901
39 351
50 181

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1548
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
₴25895
₴14191
₴15823
₴21735
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
-
-
-
11 723
unemployment
-
-
-
86
health
-
-
-
5 609
pensions
-
-
-
10 410
total
-
-
-
27 828
Employee

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

22 007
-
49 321
-
unemployment
31
-
69
-
pensions
3 411
-
7 645
-
income
3 795
-
10 881
-
health
1 421
-
3 186
-
total
8 658
-
21 781
-
Employer

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

22 007
-
49 321
-
health
1 466
-
3 285
-
pensions
1 947
-
4 365
-
unemployment
13
-
29
-
total
3 426
-
7 679
-
Corporate
31 566
57 000
-
-
income
5 997
10 830
-
-
total
5 997
10 830
-
-
Dividends
25 569
46 170
-
-
withholding
3 835
6 926
-
-
total
3 835
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 916
17 756
29 460
27 828
After tax
35 084
39 244
27 540
29 172
Living cost
13 349
13 349
13 349
13 349
Free-cash
21 735
25 895
14 191
15 823

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
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.
₴3074
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
₴13421
₴29261
₴18134
-₴16460
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
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
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
52 202
22 321
6 481
17 608
After tax
4 798
34 679
50 519
39 392
Living cost
21 258
21 258
21 258
21 258
Free-cash
-16 460
13 421
29 261
18 134

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
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.
₴5195
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
₴16812
₴12563
₴15921
₴16310
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
-
-
-
5 661
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
total
-
-
-
25 469
Employee
22 889
-
46 061
-
surtax
-
-
-
-
social contributions
2 518
-
5 067
-
income
4 761
-
12 821
-
total
7 279
-
17 888
-
Employer
22 889
-
46 061
-
social contributions
5 436
-
10 939
-
total
5 436
-
10 939
-
Corporate
28 675
57 000
-
-
income
6 022
11 970
-
-
surtax
-
-
-
-
total
6 022
11 970
-
-
Dividends
22 653
45 030
-
-
withholding
6 343
12 608
-
-
total
6 343
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 080
24 578
28 827
25 469
After tax
31 920
32 422
28 173
31 531
Living cost
15 610
15 610
15 610
15 610
Free-cash
16 310
16 812
12 563
15 921

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
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
₴4691
₴10683
₴8582
₴8110
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
-
-
-
6 451
other
-
-
-
1 767
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
1 453
pensions
-
-
-
13 087
total
-
-
-
24 381
Employee
31 170
-
45 804
-
pensions
3 526
-
2 450
-
surtax
-
-
-
-
social contributions
888
-
1 305
-
income
2 720
-
7 329
-
total
7 134
-
11 084
-
Employer
31 170
-
45 804
-
health
2 182
-
3 368
-
pensions
5 122
-
4 256
-
unemployment
1 263
-
1 855
-
social contributions
93
-
137
-
other
1 076
-
1 580
-
total
9 736
-
11 196
-
Corporate
16 094
57 000
-
-
income
4 507
15 960
-
-
surtax
-
-
-
-
total
4 507
15 960
-
-
Dividends
11 588
41 040
-
-
surtax
-
-
-
-
social contributions
1 993
7 059
-
-
withholding
1 483
5 253
-
-
total
3 476
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 853
28 272
22 280
24 381
After tax
32 147
28 728
34 720
32 619
Living cost
24 037
24 037
24 037
24 037
Free-cash
8 110
4 691
10 683
8 582

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
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
₴36340
₴29590
₴28077
₴34668
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
-
-
-
1 424
social contributions
-
-
-
12 539
total
-
-
-
13 963
Employee
16 000
-
49 350
-
income
-
-
1 592
-
social contributions
1 040
-
3 208
-
total
1 040
-
4 800
-
Employer
16 000
-
49 350
-
social contributions
2 480
-
7 650
-
total
2 480
-
7 650
-
Corporate
38 520
57 000
-
-
income
3 852
5 700
-
-
total
3 852
5 700
-
-
Dividends
34 668
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
7 372
5 700
12 450
13 963
After tax
49 628
51 300
44 550
43 037
Living cost
14 960
14 960
14 960
14 960
Free-cash
34 668
36 340
29 590
28 077

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
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.
₴3878
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
-₴51427
-₴51427
₴10958
-₴51427
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
-
-
-
10 963
national
-
-
-
6 155
pensions
-
-
-
431
total
-
-
-
22 075
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
84 460
84 460
84 460
22 075
After tax
-27 460
-27 460
-27 460
34 925
Living cost
23 967
23 967
23 967
23 967
Free-cash
-51 427
-51 427
-51 427
10 958

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
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.
₴5075
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
-₴6330
₴18892
₴28134
₴2938
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
-
-
-
128
income
-
-
-
14 402
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
17 919
Employee
17 220
-
49 401
-
pensions
1 939
-
3 853
-
income
2 362
-
10 053
-
health
1 972
-
5 656
-
total
6 273
-
19 562
-
Employer
17 220
-
49 401
-
pensions
2 800
-
5 564
-
accident
288
-
825
-
unemployment
422
-
1 210
-
total
3 510
-
7 599
-
Corporate
36 271
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.

32 643
51 300
-
-
total
32 643
51 300
-
-
Dividends
3 627
5 700
-
-
withholding
689
1 083
-
-
total
689
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
43 115
52 383
27 161
17 919
After tax
13 885
4 617
29 839
39 081
Living cost
10 947
10 947
10 947
10 947
Free-cash
2 938
-6 330
18 892
28 134

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
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
₴18239
₴12742
₴20558
₴17906
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
-
-
-
671
municipal
-
-
-
10 139
national
-
-
-
6 525
total
-
-
-
17 335
Employee
26 184
-
47 951
-
municipal
4 289
-
7 824
-
unemployment
393
-
720
-
pensions
1 767
-
3 237
-
national
433
-
3 791
-
health
195
-
531
-
total
7 077
-
16 103
-
Employer
26 184
-
47 951
-
health
201
-
369
-
pensions
4 543
-
8 319
-
accident
26
-
48
-
unemployment
170
-
312
-
total
4 940
-
9 048
-
Corporate
25 876
57 000
-
-
income
5 175
11 400
-
-
total
5 175
11 400
-
-
Dividends

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

15 525
34 200
-
-
municipal
2 795
6 156
-
-
national
-
2 098
-
-
total
2 795
8 254
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 987
19 654
25 151
17 335
After tax
37 013
37 346
31 849
39 665
Living cost
19 107
19 107
19 107
19 107
Free-cash
17 906
18 239
12 742
20 558

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4485
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
₴30159
₴27883
₴28514
₴27450
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
-
-
-
7 458
social contributions
-
-
-
8 052
health
-
-
-
1 453
total
-
-
-
16 963
Employee
38 269
38 269
51 758
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
7 188
-
health
297
651
880
-
total
5 911
7 370
12 352
-
Employer
38 269
38 269
51 758
-
health
322
708
958
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 242
-
Corporate
37 798
14 847
-
-
income
4 725
1 856
-
-
total
4 725
1 856
-
-
Dividends
33 073
12 991
-
-
withholding
5 622
2 208
-
-
total
5 622
2 208
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 027
15 318
17 594
16 963
After tax
38 973
41 682
39 406
40 037
Living cost
11 523
11 523
11 523
11 523
Free-cash
27 450
30 159
27 883
28 514

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3232
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
₴39300
₴28589
₴38571
₴36768
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
-
-
-
5 546
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
10 527
Employee

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

11 423
-
52 136
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
4 312
-
health
971
-
4 014
-
total
3 522
-
15 645
-
Employer

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

11 423
-
52 136
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
44 401
57 000
-
-
income
3 996
5 130
-
-
total
3 996
5 130
-
-
Dividends
40 405
51 870
-
-
withholding
3 636
4 668
-
-
total
3 636
4 668
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 330
9 798
20 509
10 527
After tax
44 670
47 202
36 491
46 473
Living cost
7 902
7 902
7 902
7 902
Free-cash
36 768
39 300
28 589
38 571

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2055
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
₴24679
₴15875
₴17566
₴22094
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
-
-
-
416
income
-
-
-
11 910
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
25 749
Employee
18 402
-
43 221
-
other
18
-
43
-
unemployment
285
-
670
-
pensions
865
-
2 031
-
income
3 548
-
10 916
-
total
4 716
-
13 660
-
Employer
18 402
-
43 221
-
pensions
4 342
-
10 200
-
accident
365
-
856
-
unemployment
1 012
-
2 377
-
other
147
-
347
-
total
5 866
-
13 780
-
Corporate
32 731
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.

4 910
8 550
-
-
total
4 910
8 550
-
-
Dividends
27 821
48 450
-
-
withholding
5 729
10 086
-
-
total
5 729
10 086
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 221
18 636
27 440
25 749
After tax
35 779
38 364
29 560
31 251
Living cost
13 685
13 685
13 685
13 685
Free-cash
22 094
24 679
15 875
17 566

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
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.
₴2893
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
₴34560
₴35378
₴35450
₴34394
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
-
-
-
19 274
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
20 542
Employee
1 535
-
56 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
19 235
-
health
77
-
184
-
total
527
-
19 787
-
Employer
1 535
-
56 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
55 119
57 000
-
-
income
12 126
12 540
-
-
total
12 126
12 540
-
-
Dividends
42 993
44 460
-
-
withholding
8 599
8 892
-
-
total
8 599
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 598
21 432
20 614
20 542
After tax
35 402
35 568
36 386
36 458
Living cost
1 008
1 008
1 008
1 008
Free-cash
34 394
34 560
35 378
35 450

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴304
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
₴32592
₴22452
₴22450
₴30148
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
-
-
-
12 082
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
25 959
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.

12 954
-
50 429
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
12 082
-
health
667
-
1 891
-
total
4 364
-
19 387
-
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.

12 954
-
50 429
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
41 727
57 000
-
-
income
6 259
8 550
-
-
total
6 259
8 550
-
-
Dividends
35 468
48 450
-
-
withholding
5 320
7 267
-
-
total
5 320
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 261
15 817
25 958
25 959
After tax
38 739
41 183
31 042
31 041
Living cost
8 590
8 590
8 590
8 590
Free-cash
30 148
32 592
22 452
22 450

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1893
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
₴19005
₴14756
₴18114
₴18826
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
-
-
-
5 661
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
total
-
-
-
25 469
Employee
19 316
-
46 061
-
surtax
-
-
-
-
social contributions
2 125
-
5 067
-
income
3 774
-
12 821
-
total
5 899
-
17 888
-
Employer
19 316
-
46 061
-
social contributions
4 587
-
10 939
-
total
4 587
-
10 939
-
Corporate
33 097
57 000
-
-
income
6 950
11 970
-
-
surtax
-
-
-
-
total
6 950
11 970
-
-
Dividends
26 147
45 030
-
-
withholding
7 321
12 608
-
-
total
7 321
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 757
24 578
28 827
25 469
After tax
32 243
32 422
28 173
31 531
Living cost
13 417
13 417
13 417
13 417
Free-cash
18 826
19 005
14 756
18 114

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
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.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴20874
₴12070
₴13761
₴17102
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
-
-
-
416
income
-
-
-
11 910
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
25 749
Employee
24 035
-
43 221
-
other
24
-
43
-
unemployment
372
-
670
-
pensions
1 130
-
2 031
-
income
5 020
-
10 916
-
total
6 546
-
13 660
-
Employer
24 035
-
43 221
-
pensions
5 672
-
10 200
-
accident
476
-
856
-
unemployment
1 322
-
2 377
-
other
193
-
347
-
total
7 663
-
13 780
-
Corporate
25 301
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.

3 796
8 550
-
-
total
3 796
8 550
-
-
Dividends
21 506
48 450
-
-
withholding
4 403
10 086
-
-
total
4 403
10 086
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 408
18 636
27 440
25 749
After tax
34 592
38 364
29 560
31 251
Living cost
17 490
17 490
17 490
17 490
Free-cash
17 102
20 874
12 070
13 761

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴40176
₴37157
₴35250
₴37143
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
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
13 191
Employee
11 334
-
53 590
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
5 359
-
health
521
-
799
-
total
2 775
-
7 875
-
Employer
11 334
-
53 590
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
43 443
57 000
-
-
income
4 344
5 700
-
-
total
4 344
5 700
-
-
Dividends
39 098
51 300
-
-
withholding
1 955
2 565
-
-
total
1 955
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 298
8 265
11 284
13 191
After tax
45 702
48 735
45 716
43 809
Living cost
8 559
8 559
8 559
8 559
Free-cash
37 143
40 176
37 157
35 250

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
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.
₴2204
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
₴10171
₴19385
₴14526
₴16683
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.

-
-
-
14 219
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.

-
-
-
782
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.

-
-
-
3 400
trade
-
-
-
4 859
total
-
-
-
23 260
Employee

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

24 762
-
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.

112
-
782
-
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.

2 036
-
14 219
-
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.

3 400
-
3 400
-
total
5 548
-
18 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 238
57 000
-
-
income
4 835
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.

266
470
-
-
chamber of commerce
123
159
-
-
trade
4 626
8 180
-
-
total
9 850
17 359
-
-
Dividends
22 387
39 641
-
-
surtax

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

297
535
-
-
withholding
5 408
9 721
-
-
total
5 705
10 256
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 103
27 615
18 401
23 260
After tax
35 897
29 385
38 599
33 740
Living cost
19 214
19 214
19 214
19 214
Free-cash
16 683
10 171
19 385
14 526

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
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.
₴3613
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
₴11550
₴8854
₴8854
₴12649
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
-
-
-
14 574
social contributions
-
-
-
5 222
total
-
-
-
19 796
Employee
38 929
-
57 000
-
income
7 346
-
14 574
-
social contributions
3 234
-
5 222
-
total
10 580
-
19 796
-
Employer
38 929
-
57 000
-
total
-
-
-
-
Corporate
18 071
57 000
-
-
income
2 259
7 125
-
-
total
2 259
7 125
-
-
Dividends
15 812
49 875
-
-
withholding
3 162
9 975
-
-
total
3 162
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
16 001
17 100
19 796
19 796
After tax
40 999
39 900
37 204
37 204
Living cost
28 350
28 350
28 350
28 350
Free-cash
12 649
11 550
8 854
8 854

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
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.
₴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

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
₴16355
₴23910
₴21751
₴18096
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
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
54 711
-
income
2 477
-
10 446
-
social contributions
2 287
-
2 289
-
total
4 764
-
12 735
-
Employer
22 830
-
54 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
31 882
57 000
-
-
income
11 158
19 950
-
-
total
11 158
19 950
-
-
Dividends
20 724
37 050
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 838
22 579
15 024
17 183
After tax
36 162
34 421
41 976
39 817
Living cost
18 066
18 066
18 066
18 066
Free-cash
18 096
16 355
23 910
21 751

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4464
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
₴22142
₴16347
₴21628
₴21435
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
-
-
-
13 044
pensions
-
-
-
3 862
total
-
-
-
16 906
Employee
25 347
-
50 076
-
pensions
1 935
-
4 903
-
income
4 616
-
9 523
-
health
331
-
838
-
total
6 882
-
15 264
-
Employer
25 347
-
50 076
-
health
482
-
951
-
pensions
2 561
-
5 972
-
total
3 043
-
6 923
-
Corporate
28 610
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.

5 436
10 830
-
-
total
5 436
10 830
-
-
Dividends
23 174
46 170
-
-
withholding
1 738
5 562
-
-
total
1 738
5 562
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 099
16 392
22 187
16 906
After tax
39 901
40 608
34 813
40 094
Living cost
18 466
18 466
18 466
18 466
Free-cash
21 435
22 142
16 347
21 628

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
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
-₴7414
₴17808
₴27050
₴2771
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
-
-
-
128
income
-
-
-
14 402
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
17 919
Employee
18 925
-
49 401
-
pensions
2 131
-
3 853
-
income
2 596
-
10 053
-
health
2 167
-
5 656
-
total
6 894
-
19 562
-
Employer
18 925
-
49 401
-
pensions
3 077
-
5 564
-
accident
316
-
825
-
unemployment
464
-
1 210
-
total
3 857
-
7 599
-
Corporate
34 219
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.

30 797
51 300
-
-
total
30 797
51 300
-
-
Dividends
3 422
5 700
-
-
withholding
650
1 083
-
-
total
650
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 198
52 383
27 161
17 919
After tax
14 802
4 617
29 839
39 081
Living cost
12 031
12 031
12 031
12 031
Free-cash
2 771
-7 414
17 808
27 050

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
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.
₴2258
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
₴41241
₴30396
₴25667
₴38913
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
-
-
-
8 934
unemployment
-
-
-
684
work injury
-
-
-
285
health insurance
-
-
-
4 218
pensions
-
-
-
10 488
total
-
-
-
24 609
Employee

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

10 758
-
57 000
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
8 934
-
total
4 034
-
19 880
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 242
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%.

462
570
-
-
total
462
570
-
-
Dividends
45 780
56 430
-
-
withholding
6 867
8 465
-
-
total
6 867
8 465
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 363
9 035
19 880
24 609
After tax
45 637
47 965
37 120
32 391
Living cost
6 724
6 724
6 724
6 724
Free-cash
38 913
41 241
30 396
25 667

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1860
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
₴10198
₴5707
₴8314
₴7934
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
-
-
-
1 205
municipal
-
-
-
381
national
-
-
-
12 614
total
-
-
-
28 860
Employee
41 937
-
57 000
-
municipal
250
-
340
-
national
7 087
-
10 881
-
regional
633
-
1 026
-
social contributions
14 141
-
19 220
-
total
22 111
-
31 467
-
Employer
41 937
-
57 000
-
total
-
-
-
-
Corporate
15 063
57 000
-
-
municipal
726
2 747
-
-
nationa
3 615
13 680
-
-
total
4 341
16 427
-
-
Dividends
10 721
40 573
-
-
withholding
2 788
10 549
-
-
total
2 788
10 549
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 240
26 976
31 467
28 860
After tax
27 760
30 024
25 533
28 140
Living cost
19 826
19 826
19 826
19 826
Free-cash
7 934
10 198
5 707
8 314

Estimated living cost  is ₴19826 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
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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