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
₴ 57500
per

Your estimated
City
free-cash

Andorra , Andorra
₴32092
₴40223
₴33620
₴41382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
12 650
income
-
-
-
2 390
total
-
-
-
15 040
Employee
11 089
-
49 784
-
social contributions
721
-
3 236
-
income
-
-
2 560
-
total
721
-
5 796
-
Employer
11 089
-
49 784
-
social contributions
1 719
-
7 716
-
total
1 719
-
7 716
-
Corporate
44 692
57 500
-
-
income
4 469
5 750
-
-
total
4 469
5 750
-
-
Dividends
40 223
51 750
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
6 909
5 750
13 512
15 040
After tax
50 591
51 750
43 988
42 460
Living cost
10 368
10 368
10 368
10 368
Free-cash
40 223
41 382
33 620
32 092

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Graz , Austria
₴18567
₴20709
₴4238
₴20879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
230
pensions
-
-
-
7 455
income
-
-
-
15 047
total
-
-
-
27 929
Employee
15 077
13 745
45 522
-
unemployment
452
412
1 209
-
other
151
137
403
-
income
1 343
1 014
11 931
-
pensions
1 544
1 407
4 126
-
health
583
532
1 559
-
total
4 073
3 502
19 228
-
Employer
15 077
13 745
45 522
-
pensions
1 892
1 725
5 057
-
surtax
-
-
-
-
payroll
452
412
1 365
-
other
716
653
2 117
-
health
570
520
1 523
-
accident
196
179
524
-
unemployment
452
412
1 209
-
chamber of commerce
60
55
182
-
total
4 338
3 956
11 977
-
Corporate
38 084
39 799
44 213
-
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.

9 521
9 950
11 053
-
total
9 521
9 950
11 053
-
Dividends
28 563
29 849
-
-
withholding
7 855
8 209
-
-
total
7 855
8 209
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 787
25 617
42 258
27 929
After tax
31 713
31 883
15 242
29 571
Living cost
11 004
11 004
11 004
11 004
Free-cash
20 709
20 879
4 238
18 567

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Vienna , Austria
₴17349
₴19159
₴3066
₴19693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
230
pensions
-
-
-
7 455
income
-
-
-
15 047
total
-
-
-
27 997
Employee
17 237
13 745
45 458
-
unemployment
517
412
1 209
-
other
172
137
403
-
income
1 962
1 014
11 904
-
pensions
1 765
1 407
4 126
-
health
667
532
1 559
-
total
5 083
3 502
19 201
-
Employer
17 237
13 745
45 458
-
pensions
2 163
1 725
5 057
-
surtax
68
68
68
-
payroll
517
412
1 363
-
other
819
653
2 115
-
health
651
520
1 523
-
accident
224
179
524
-
unemployment
517
412
1 209
-
chamber of commerce
69
55
182
-
total
5 028
4 024
12 041
-
Corporate
35 234
39 730
44 149
-
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.

8 809
9 933
11 038
-
total
8 809
9 933
11 038
-
Dividends
26 426
29 798
-
-
withholding
7 267
8 194
-
-
total
7 267
8 194
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 187
25 653
42 280
27 997
After tax
31 313
31 847
15 220
29 503
Living cost
12 154
12 154
12 154
12 154
Free-cash
19 159
19 693
3 066
17 349

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Brussels , Belgium
₴12332
₴14415
₴7850
₴19589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
national
-
-
-
21 059
communal

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

-
-
-
2 934
social contributions
-
-
-
8 599
total
-
-
-
32 592
Employee

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

24 672
-
44 536
-
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.

215
-
387
-
national
7 585
-
15 967
-
communal

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

1 287
-
2 323
-
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.

1 850
-
3 340
-
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.

1 159
-
2 093
-
total
12 096
-
24 110
-
Employer

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

24 672
-
44 536
-
surtax
2 798
-
5 050
-
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.

2 186
-
3 946
-
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.

1 517
-
2 739
-
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.

321
-
579
-
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.

360
-
650
-
total
7 182
-
12 964
-
Corporate
25 646
57 500
-
-
income
5 129
11 500
-
-
surtax
103
230
-
-
total
5 232
11 730
-
-
Dividends
20 414
45 771
-
-
withholding

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

5 999
13 605
-
-
total
5 999
13 605
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 509
25 335
37 074
32 592
After tax
26 991
32 165
20 426
24 908
Living cost
12 576
12 576
12 576
12 576
Free-cash
14 415
19 589
7 850
12 332

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴39744
₴41144
₴41965
₴43242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
8 625
total
-
-
-
11 835
Employee
7 841
-
55 141
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
5 514
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
7 255
-
Employer
7 841
-
55 141
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
48 121
57 500
-
-
income
4 812
5 750
-
-
total
4 812
5 750
-
-
Dividends
43 309
51 750
-
-
withholding
2 166
2 587
-
-
total
2 166
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
10 435
8 337
9 614
11 835
After tax
47 065
49 163
47 886
45 665
Living cost
5 921
5 921
5 921
5 921
Free-cash
41 144
43 242
41 965
39 744

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴41152
₴43049
₴43373
₴44650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
8 625
total
-
-
-
11 835
Employee
5 976
-
55 141
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
5 514
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
7 255
-
Employer
5 976
-
55 141
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
50 351
57 500
-
-
income
5 035
5 750
-
-
total
5 035
5 750
-
-
Dividends
45 316
51 750
-
-
withholding
2 266
2 587
-
-
total
2 266
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
9 938
8 337
9 614
11 835
After tax
47 562
49 163
47 886
45 665
Living cost
4 513
4 513
4 513
4 513
Free-cash
43 049
44 650
43 373
41 152

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴31479
₴32093
₴30964
₴33972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
1 466
social contributions
-
-
-
5 581
income
-
-
-
10 988
total
-
-
-
18 035
Employee
26 522
26 522
53 541
-
income
2 888
2 455
10 712
-
social contributions
1 003
2 201
2 969
-
health
206
451
910
-
total
4 097
5 107
14 591
-
Employer
26 522
26 522
53 541
-
social contributions
1 003
2 201
2 969
-
health
223
491
990
-
total
1 226
2 692
3 959
-
Corporate
44 192
28 285
-
-
income
5 524
3 536
-
-
total
5 524
3 536
-
-
Dividends
38 668
24 750
-
-
withholding
6 574
4 207
-
-
total
6 574
4 207
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 421
15 542
18 550
18 035
After tax
40 079
41 958
38 950
39 465
Living cost
7 986
7 986
7 986
7 986
Free-cash
32 093
33 972
30 964
31 479

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴28278
₴29340
₴27763
₴30771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
1 466
social contributions
-
-
-
5 581
income
-
-
-
10 988
total
-
-
-
18 035
Employee
26 522
26 522
53 541
-
income
2 785
2 455
10 712
-
social contributions
1 289
2 201
2 969
-
health
264
451
910
-
total
4 338
5 107
14 591
-
Employer
26 522
26 522
53 541
-
social contributions
1 289
2 201
2 969
-
health
287
491
990
-
total
1 576
2 692
3 959
-
Corporate
40 399
28 285
-
-
income
5 050
3 536
-
-
total
5 050
3 536
-
-
Dividends
35 349
24 750
-
-
withholding
6 009
4 207
-
-
total
6 009
4 207
-
-
Income
57 500
57 500
57 500
57 500
Total tax
16 973
15 542
18 550
18 035
After tax
40 527
41 958
38 950
39 465
Living cost
11 187
11 187
11 187
11 187
Free-cash
29 340
30 771
27 763
28 278

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴24578
₴28787
₴22041
₴31628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
7 763
social contributions
-
-
-
11 456
income
-
-
-
5 742
solidarity contribution
-
-
-
-
total
-
-
-
24 961
Employee
11 708
-
43 754
-
income
1 405
-
5 295
-
social contributions
761
-
2 550
-
health
1 581
-
5 907
-
solidarity contribution
-
-
-
-
total
3 747
-
13 752
-
Employer
11 708
-
43 754
-
social contributions
2 927
-
9 808
-
health
1 054
-
3 938
-
total
3 981
-
13 746
-
Corporate
41 812
57 500
-
-
income
7 944
10 925
-
-
total
7 944
10 925
-
-
Dividends
33 868
46 575
-
-
withholding
5 080
6 986
-
-
total
5 080
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 752
17 911
27 498
24 961
After tax
36 748
39 589
30 002
32 539
Living cost
7 961
7 961
7 961
7 961
Free-cash
28 787
31 628
22 041
24 578

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴22729
₴26279
₴20192
₴29779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
7 763
social contributions
-
-
-
11 456
income
-
-
-
5 742
solidarity contribution
-
-
-
-
total
-
-
-
24 961
Employee
14 427
-
43 754
-
income
1 731
-
5 295
-
social contributions
938
-
2 550
-
health
1 948
-
5 907
-
solidarity contribution
-
-
-
-
total
4 617
-
13 752
-
Employer
14 427
-
43 754
-
social contributions
3 607
-
9 808
-
health
1 298
-
3 938
-
total
4 905
-
13 746
-
Corporate
38 168
57 500
-
-
income
7 252
10 925
-
-
total
7 252
10 925
-
-
Dividends
30 916
46 575
-
-
withholding
4 637
6 986
-
-
total
4 637
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 411
17 911
27 498
24 961
After tax
36 089
39 589
30 002
32 539
Living cost
9 810
9 810
9 810
9 810
Free-cash
26 279
29 779
20 192
22 729

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴17449
-₴17881
-₴17881
-₴17881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
national
-
-
-
6 638
pensions
-
-
-
300
municipal
-
-
-
11 875
labour market
-
-
-
4 576
total
-
-
-
23 389
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
58 719
58 719
58 719
23 389
After tax
-1 219
-1 219
-1 219
34 111
Living cost
16 662
16 662
16 662
16 662
Free-cash
-17 881
-17 881
-17 881
17 449

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴22489
₴35525
₴24811
₴37669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
7 475
pensions
-
-
-
11 500
income
-
-
-
7 705
total
-
-
-
26 680
Employee
9 785
-
42 975
-
unemployment
156
-
688
-
income
1 102
-
8 285
-
pensions
196
-
859
-
total
1 454
-
9 832
-
Employer
9 785
-
42 975
-
pensions
1 957
-
8 595
-
health
1 272
-
5 587
-
unemployment
79
-
344
-
total
3 308
-
14 526
-
Corporate
44 408
57 500
-
-
income
8 882
11 500
-
-
total
8 882
11 500
-
-
Dividends
35 526
46 000
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 644
11 500
24 358
26 680
After tax
43 856
46 000
33 142
30 820
Living cost
8 331
8 331
8 331
8 331
Free-cash
35 525
37 669
24 811
22 489

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴24317
₴23782
₴17129
₴22991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
57 500
national
-
-
-
8 982
health
-
-
-
742
municipal
-
-
-
10 217
total
-
-
-
19 941
Employee
18 147
-
48 372
-
unemployment
272
-
726
-
municipal
2 972
-
7 881
-
national
300
-
5 529
-
pensions
1 225
-
3 265
-
health
135
-
601
-
total
4 904
-
18 002
-
Employer
18 147
-
48 372
-
pensions
3 148
-
8 393
-
health
139
-
372
-
accident
18
-
48
-
unemployment
118
-
314
-
total
3 423
-
9 127
-
Corporate
35 929
57 500
-
-
income
7 186
11 500
-
-
total
7 186
11 500
-
-
Dividends

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

21 558
34 500
-
-
municipal
3 880
6 210
-
-
national
1 083
3 557
-
-
total
4 963
9 767
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 476
21 267
27 129
19 941
After tax
37 024
36 233
30 371
37 559
Living cost
13 242
13 242
13 242
13 242
Free-cash
23 782
22 991
17 129
24 317

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Marseille , France
₴21824
₴20267
₴21327
₴18348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
-
health
-
-
-
2 330
pensions
-
-
-
10 563
social contributions
-
-
-
1 638
income
-
-
-
8 731
other
-
-
-
1 782
total
-
-
-
25 044
Employee
13 177
-
44 737
-
income
679
-
8 491
-
surtax
-
-
-
-
social contributions
376
-
1 275
-
pensions
1 490
-
3 013
-
total
2 545
-
12 779
-
Employer
13 177
-
44 737
-
pensions
2 165
-
5 090
-
social contributions
39
-
134
-
other
455
-
1 703
-
health
922
-
4 023
-
unemployment
533
-
1 812
-
total
4 114
-
12 762
-
Corporate
40 208
57 500
-
-
income
11 258
16 100
-
-
surtax
-
-
-
-
total
11 258
16 100
-
-
Dividends
28 950
41 400
-
-
withholding
3 705
5 299
-
-
social contributions
4 979
7 121
-
-
surtax
-
-
-
-
total
8 684
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 601
28 520
25 541
25 044
After tax
30 899
28 980
31 959
32 456
Living cost
10 632
10 632
10 632
10 632
Free-cash
20 267
18 348
21 327
21 824

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴20655
₴19214
₴20158
₴17179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
-
health
-
-
-
2 330
pensions
-
-
-
10 563
social contributions
-
-
-
1 638
income
-
-
-
8 731
other
-
-
-
1 782
total
-
-
-
25 044
Employee
14 762
-
44 737
-
income
871
-
8 491
-
surtax
-
-
-
-
social contributions
421
-
1 275
-
pensions
1 669
-
3 013
-
total
2 961
-
12 779
-
Employer
14 762
-
44 737
-
pensions
2 425
-
5 090
-
social contributions
45
-
134
-
other
509
-
1 703
-
health
1 034
-
4 023
-
unemployment
598
-
1 812
-
total
4 611
-
12 762
-
Corporate
38 128
57 500
-
-
income
10 676
16 100
-
-
surtax
-
-
-
-
total
10 676
16 100
-
-
Dividends
27 453
41 400
-
-
withholding
3 514
5 299
-
-
social contributions
4 723
7 121
-
-
surtax
-
-
-
-
total
8 237
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 485
28 520
25 541
25 044
After tax
31 015
28 980
31 959
32 456
Living cost
11 801
11 801
11 801
11 801
Free-cash
19 214
17 179
20 158
20 655

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴15797
₴14692
₴15300
₴12321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
-
health
-
-
-
2 330
pensions
-
-
-
10 563
social contributions
-
-
-
1 638
income
-
-
-
8 731
other
-
-
-
1 782
total
-
-
-
25 044
Employee
21 603
-
44 737
-
income
1 885
-
8 491
-
surtax
-
-
-
-
social contributions
615
-
1 275
-
pensions
2 443
-
3 013
-
total
4 943
-
12 779
-
Employer
21 603
-
44 737
-
pensions
3 550
-
5 090
-
social contributions
65
-
134
-
other
746
-
1 703
-
health
1 512
-
4 023
-
unemployment
875
-
1 812
-
total
6 748
-
12 762
-
Corporate
29 150
57 500
-
-
income
8 162
16 100
-
-
surtax
-
-
-
-
total
8 162
16 100
-
-
Dividends
20 988
41 400
-
-
withholding
2 686
5 299
-
-
social contributions
3 610
7 121
-
-
surtax
-
-
-
-
total
6 296
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 149
28 520
25 541
25 044
After tax
31 351
28 980
31 959
32 456
Living cost
16 659
16 659
16 659
16 659
Free-cash
14 692
12 321
15 300
15 797

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴54693
₴51974
₴43768
₴52393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 500
microenterprise

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

-
-
-
575
total
-
-
-
575
Employee
2 789
-
57 500
-
income
558
-
11 500
-
total
558
-
11 500
-
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%.

54 711
57 500
-
-
total
-
-
-
-
Dividends
54 711
57 500
-
-
withholding
2 736
2 875
-
-
total
2 736
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
3 294
2 875
11 500
575
After tax
54 206
54 625
46 000
56 925
Living cost
2 232
2 232
2 232
2 232
Free-cash
51 974
52 393
43 768
54 693

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Tbilisi , Georgia
₴53448
₴50496
₴42523
₴51148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 500
microenterprise

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

-
-
-
575
total
-
-
-
575
Employee
4 347
-
57 500
-
income
869
-
11 500
-
total
869
-
11 500
-
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%.

53 153
57 500
-
-
total
-
-
-
-
Dividends
53 153
57 500
-
-
withholding
2 658
2 875
-
-
total
2 658
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
3 527
2 875
11 500
575
After tax
53 973
54 625
46 000
56 925
Living cost
3 477
3 477
3 477
3 477
Free-cash
50 496
51 148
42 523
53 448

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴17507
₴20794
₴23457
₴16281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
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.

-
-
-
958
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.

-
-
-
2 356
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.

-
-
-
17 413
trade
-
-
-
5 950
total
-
-
-
26 677
Employee

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

17 162
-
57 500
-
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.

1 411
-
17 413
-
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.

78
-
958
-
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.

2 356
-
2 356
-
total
3 845
-
20 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 338
57 500
-
-
trade
5 789
8 251
-
-
income
6 051
8 625
-
-
chamber of commerce
111
137
-
-
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.

333
475
-
-
total
12 284
17 488
-
-
Dividends
28 055
40 013
-
-
withholding
6 883
9 872
-
-
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.

378
543
-
-
total
7 261
10 415
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 390
27 903
20 727
26 677
After tax
34 110
29 597
36 773
30 823
Living cost
13 316
13 316
13 316
13 316
Free-cash
20 794
16 281
23 457
17 507

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Dresden , Germany
₴19796
₴22375
₴26326
₴18558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
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.

-
-
-
958
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.

-
-
-
2 356
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.

-
-
-
17 413
trade
-
-
-
6 530
total
-
-
-
27 257
Employee

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

13 192
-
57 500
-
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.

369
-
17 413
-
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.

20
-
958
-
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.

2 356
-
2 356
-
total
2 745
-
20 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 308
57 500
-
-
trade
6 979
9 056
-
-
income
6 646
8 625
-
-
chamber of commerce
116
135
-
-
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.

365
475
-
-
total
14 106
18 291
-
-
Dividends
30 202
39 209
-
-
withholding
7 419
9 672
-
-
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.

408
532
-
-
total
7 827
10 204
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 678
28 495
20 727
27 257
After tax
32 822
29 005
36 773
30 243
Living cost
10 447
10 447
10 447
10 447
Free-cash
22 375
18 558
26 326
19 796

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Hamburg , Germany
₴16402
₴20008
₴23223
₴15160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
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.

-
-
-
958
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.

-
-
-
2 356
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.

-
-
-
17 413
trade
-
-
-
6 821
total
-
-
-
27 548
Employee

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

17 491
-
57 500
-
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.

1 503
-
17 413
-
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.

82
-
958
-
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.

2 356
-
2 356
-
total
3 941
-
20 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 009
57 500
-
-
trade
6 581
9 459
-
-
income
6 002
8 625
-
-
chamber of commerce
109
134
-
-
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.

330
475
-
-
total
13 022
18 693
-
-
Dividends
26 986
38 808
-
-
withholding
6 615
9 571
-
-
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.

364
526
-
-
total
6 979
10 097
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 942
28 790
20 727
27 548
After tax
33 558
28 710
36 773
29 952
Living cost
13 550
13 550
13 550
13 550
Free-cash
20 008
15 160
23 223
16 402

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Munich , Germany
₴13861
₴18206
₴20972
₴12612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
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.

-
-
-
958
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.

-
-
-
2 356
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.

-
-
-
17 413
trade
-
-
-
7 111
total
-
-
-
27 838
Employee

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

20 729
-
57 500
-
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.

2 438
-
17 413
-
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.

134
-
958
-
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.

2 356
-
2 356
-
total
4 928
-
20 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 771
57 500
-
-
trade
6 307
9 861
-
-
income
5 516
8 625
-
-
chamber of commerce
104
134
-
-
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.

303
475
-
-
total
12 230
19 095
-
-
Dividends
24 542
38 406
-
-
withholding
6 004
9 471
-
-
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.

331
521
-
-
total
6 335
9 992
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 493
29 087
20 727
27 838
After tax
34 007
28 413
36 773
29 662
Living cost
15 801
15 801
15 801
15 801
Free-cash
18 206
12 612
20 972
13 861

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Athens , Greece
₴19506
₴27323
₴17364
₴28421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
2 311
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
15 382
other
-
-
-
-
total
-
-
-
30 247
Employee
11 616
-
47 810
-
unemployment
808
-
3 204
-
other
-
-
-
-
income
1 947
-
13 319
-
surtax
41
-
1 932
-
pensions
775
-
3 070
-
health
297
-
1 174
-
total
3 868
-
22 699
-
Employer
11 616
-
47 810
-
pensions
1 549
-
6 136
-
other
-
-
-
-
health
528
-
2 095
-
unemployment
369
-
1 459
-
total
2 446
-
9 690
-
Corporate
43 439
57 500
-
-
income
11 294
14 950
-
-
total
11 294
14 950
-
-
Dividends
32 145
42 550
-
-
withholding
4 822
6 382
-
-
total
4 822
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 430
21 332
32 389
30 247
After tax
35 070
36 168
25 111
27 253
Living cost
7 747
7 747
7 747
7 747
Free-cash
27 323
28 421
17 364
19 506

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴19642
₴27483
₴17500
₴28557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
surtax
-
-
-
2 311
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
15 382
other
-
-
-
-
total
-
-
-
30 247
Employee
11 406
-
47 810
-
unemployment
794
-
3 204
-
other
-
-
-
-
income
1 912
-
13 319
-
surtax
37
-
1 932
-
pensions
761
-
3 070
-
health
291
-
1 174
-
total
3 795
-
22 699
-
Employer
11 406
-
47 810
-
pensions
1 521
-
6 136
-
other
-
-
-
-
health
519
-
2 095
-
unemployment
361
-
1 459
-
total
2 401
-
9 690
-
Corporate
43 693
57 500
-
-
income
11 360
14 950
-
-
total
11 360
14 950
-
-
Dividends
32 333
42 550
-
-
withholding
4 850
6 382
-
-
total
4 850
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 406
21 332
32 389
30 247
After tax
35 094
36 168
25 111
27 253
Living cost
7 611
7 611
7 611
7 611
Free-cash
27 483
28 557
17 500
19 642

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴32987
₴25616
₴26486
₴25473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
unemployment
-
-
-
862
health
-
-
-
4 025
pensions
-
-
-
5 750
income
-
-
-
7 029
total
-
-
-
17 666
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.

9 884
3 934
48 117
-
unemployment
148
59
722
-
income
1 208
481
5 882
-
pensions
988
393
4 812
-
health
692
275
3 368
-
total
3 036
1 208
14 784
-
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.

9 884
3 934
48 117
-
pensions
1 927
767
9 383
-
total
1 927
767
9 383
-
Corporate
45 689
52 799
-
-
income
4 112
4 752
-
-
total
4 112
4 752
-
-
Dividends
41 577
48 047
-
-
withholding
7 900
9 129
-
-
social contributions
8 062
9 324
-
-
total
15 962
18 453
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 037
25 180
24 167
17 666
After tax
32 463
32 320
33 333
39 834
Living cost
6 847
6 847
6 847
6 847
Free-cash
25 616
25 473
26 486
32 987

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴17233
₴18904
₴17569
₴19181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
national
-
-
-
9 755
pensions
-
-
-
6 900
social contributions
-
-
-
618
municipal
-
-
-
6 295
total
-
-
-
23 568
Employee
25 887
-
49 708
-
municipal
3 197
-
6 518
-
national
4 955
-
10 215
-
pensions
1 035
-
1 988
-
total
9 187
-
18 721
-
Employer
25 887
-
49 708
-
pensions
2 071
-
3 977
-
social contributions
278
-
534
-
total
2 349
-
4 511
-
Corporate
27 556
57 500
-
-
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%.

5 511
11 500
-
-
total
5 511
11 500
-
-
Dividends
22 045
46 000
-
-
withholding
4 850
10 120
-
-
total
4 850
10 120
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 897
21 620
23 232
23 568
After tax
35 603
35 880
34 268
33 932
Living cost
16 699
16 699
16 699
16 699
Free-cash
18 904
19 181
17 569
17 233

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Dublin , Ireland
₴11035
₴21364
₴11035
₴20602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
9 518
income
-
-
-
17 299
total
-
-
-
26 817
Employee
26 980
-
57 500
-
social contributions
2 241
-
9 518
-
income
5 091
-
17 299
-
total
7 332
-
26 817
-
Employer
26 980
-
57 500
-
total
-
-
-
-
Corporate
30 520
57 500
-
-
income
3 815
7 188
-
-
total
3 815
7 188
-
-
Dividends
26 705
50 312
-
-
withholding
5 341
10 062
-
-
total
5 341
10 062
-
-
Income
57 500
57 500
57 500
57 500
Total tax
16 488
17 250
26 817
26 817
After tax
41 012
40 250
30 683
30 683
Living cost
19 648
19 648
19 648
19 648
Free-cash
21 364
20 602
11 035
11 035

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Milan , Italy
₴13117
₴14324
₴10519
₴16125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
national
-
-
-
14 023
regional
-
-
-
675
social contributions
-
-
-
14 789
municipal
-
-
-
342
total
-
-
-
29 829
Employee
30 654
-
57 500
-
municipal
162
-
305
-
national
5 312
-
12 137
-
social contributions
10 337
-
19 389
-
regional
289
-
596
-
total
16 100
-
32 427
-
Employer
30 654
-
57 500
-
total
-
-
-
-
Corporate
26 846
57 500
-
-
nationa
6 443
13 800
-
-
municipal
1 047
2 242
-
-
total
7 490
16 042
-
-
Dividends
19 355
41 458
-
-
withholding
5 032
10 779
-
-
total
5 032
10 779
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 622
26 821
32 427
29 829
After tax
28 878
30 679
25 073
27 671
Living cost
14 554
14 554
14 554
14 554
Free-cash
14 324
16 125
10 519
13 117

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴18188
₴20167
₴15605
₴20932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
national
-
-
-
14 023
regional
-
-
-
867
social contributions
-
-
-
14 789
municipal
-
-
-
342
total
-
-
-
30 021
Employee
19 133
-
57 500
-
municipal
101
-
305
-
national
3 031
-
12 137
-
social contributions
6 452
-
19 389
-
regional
258
-
773
-
total
9 842
-
32 604
-
Employer
19 133
-
57 500
-
total
-
-
-
-
Corporate
38 367
57 500
-
-
nationa
9 208
13 800
-
-
municipal
1 907
2 858
-
-
total