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
₴ 58500
per

Your estimated
City
free-cash

Valencia , Spain
₴29225
₴23132
₴24408
₴30568
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
-
-
-
58 500
unemployment
-
-
-
197
income
-
-
-
17 265
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
25 725
Employee
11 250
-
49 510
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
16 220
-
other
11
-
28
-
total
2 883
-
18 011
-
Employer
11 250
-
49 510
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
43 663
58 500
-
-
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.

6 549
8 775
-
-
total
6 549
8 775
-
-
Dividends
37 114
49 725
-
-
withholding
7 889
10 790
-
-
total
7 889
10 790
-
-
Income
58 500
58 500
58 500
58 500
Total tax
20 908
19 565
27 001
25 725
After tax
37 592
38 935
31 499
32 775
Living cost
8 367
8 367
8 367
8 367
Free-cash
29 225
30 568
23 132
24 408

Estimated living cost  is ₴8367 per week

₴5647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1769
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
Bratislava , Slovakia
₴32818
₴25045
₴25552
₴34873
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
-
-
-
58 500
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.

-
-
-
11 104
income
-
-
-
9 503
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
24 841
Employee
11 047
-
46 836
-
health
155
-
648
-
unemployment
110
-
462
-
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.

773
-
3 239
-
income
1 902
-
9 335
-
total
2 940
-
13 684
-
Employer
11 047
-
46 836
-
health
155
-
648
-
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.

1 878
-
7 866
-
accident
88
-
375
-
unemployment
110
-
462
-
other
553
-
2 313
-
total
2 784
-
11 664
-
Corporate
44 669
58 500
-
-
income
9 381
12 285
-
-
total
9 381
12 285
-
-
Dividends
35 288
46 215
-
-
withholding
2 470
3 235
-
-
total
2 470
3 235
-
-
Income
58 500
58 500
58 500
58 500
Total tax
17 575
15 520
25 348
24 841
After tax
40 925
42 980
33 152
33 659
Living cost
8 107
8 107
8 107
8 107
Free-cash
32 818
34 873
25 045
25 552

Estimated living cost  is ₴8107 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
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.
₴1701
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
₴44618
₴45248
₴42902
₴46031
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
-
-
-
58 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
8 775
health
-
-
-
1 222
total
-
-
-
11 611
Employee
5 280
-
56 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
5 641
-
total
1 293
-
7 180
-
Employer
5 280
-
56 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
52 184
58 500
-
-
income
5 218
5 850
-
-
total
5 218
5 850
-
-
Dividends
46 966
52 650
-
-
withholding
2 348
2 632
-
-
total
2 348
2 632
-
-
Income
58 500
58 500
58 500
58 500
Total tax
9 895
8 482
9 265
11 611
After tax
48 605
50 018
49 235
46 889
Living cost
3 987
3 987
3 987
3 987
Free-cash
44 618
46 031
45 248
42 902

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1269
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
₴20873
₴21181
₴22464
₴19074
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
-
-
-
58 500
income
-
-
-
9 555
other
-
-
-
1 814
health
-
-
-
2 627
social contributions
-
-
-
1 667
pensions
-
-
-
9 963
surtax
-
-
-
-
total
-
-
-
25 626
Employee
13 022
-
45 056
-
pensions
1 472
-
3 224
-
income
768
-
8 958
-
social contributions
371
-
1 284
-
surtax
-
-
-
-
total
2 611
-
13 466
-
Employer
13 022
-
45 056
-
health
912
-
4 276
-
social contributions
39
-
135
-
pensions
2 139
-
5 411
-
unemployment
527
-
1 825
-
other
449
-
1 796
-
total
4 066
-
13 443
-
Corporate
41 412
58 500
-
-
income
11 596
16 380
-
-
surtax
-
-
-
-
total
11 596
16 380
-
-
Dividends
29 816
42 120
-
-
social contributions
5 128
7 244
-
-
surtax
-
-
-
-
withholding
3 816
5 392
-
-
total
8 944
12 636
-
-
Income
58 500
58 500
58 500
58 500
Total tax
27 217
29 016
26 909
25 626
After tax
31 283
29 484
31 591
32 874
Living cost
10 410
10 410
10 410
10 410
Free-cash
20 873
19 074
21 181
22 464

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
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.
₴2823
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
Rotterdam , Netherlands
₴14427
₴24335
₴19209
₴16290
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
-
-
-
58 500
pensions
-
-
-
3 565
income
-
-
-
19 228
health
-
-
-
3 752
total
-
-
-
26 545
Employee
25 982
25 982
52 846
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
8 448
-
total
12 918
11 210
15 765
-
Employer
25 982
25 982
52 846
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
28 287
27 968
-
-
income
5 657
5 594
-
-
total
5 657
5 594
-
-
Dividends
22 630
22 374
-
-
income
4 809
4 755
-
-
withholding
3 394
3 356
-
-
total
8 203
8 111
-
-
Income
58 500
58 500
58 500
58 500
Total tax
31 327
29 464
21 419
26 545
After tax
27 173
29 036
37 081
31 955
Living cost
12 746
12 746
12 746
12 746
Free-cash
14 427
16 290
24 335
19 209

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2361
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
Dresden , Germany
₴23644
₴27554
₴20568
₴20281
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.

-
-
-
58 500
trade
-
-
-
6 986
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.

-
-
-
18 627
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.

-
-
-
2 079
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.

-
-
-
1 024
total
-
-
-
28 716
Employee

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

11 637
-
58 500
-
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.

2 079
-
2 079
-
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.

325
-
18 627
-
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.

18
-
1 024
-
total
2 422
-
21 730
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 863
58 500
-
-
income
7 030
8 775
-
-
trade
7 381
9 214
-
-
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.

387
483
-
-
chamber of commerce
114
130
-
-
total
14 912
18 602
-
-
Dividends
31 952
39 898
-
-
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.

433
542
-
-
withholding
7 873
9 859
-
-
total
8 306
10 401
-
-
Income
58 500
58 500
58 500
58 500
Total tax
25 640
29 003
21 730
28 716
After tax
32 860
29 497
36 770
29 784
Living cost
9 216
9 216
9 216
9 216
Free-cash
23 644
20 281
27 554
20 568

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
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.

Larnaca , Cyprus
₴33960
₴32194
₴32695
₴35616
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
-
-
-
58 500
income
-
-
-
12 346
health
-
-
-
1 492
social contributions
-
-
-
4 923
total
-
-
-
18 761
Employee
23 396
23 396
54 866
-
health
181
398
932
-
income
2 547
2 166
12 077
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
15 628
-
Employer
23 396
23 396
54 866
-
health
197
433
1 015
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 634
-
Corporate
46 761
32 729
-
-
income
5 845
4 091
-
-
total
5 845
4 091
-
-
Dividends
40 916
28 638
-
-
withholding
6 956
4 868
-
-
total
6 956
4 868
-
-
Income
58 500
58 500
58 500
58 500
Total tax
17 496
15 840
19 262
18 761
After tax
41 004
42 660
39 238
39 739
Living cost
7 044
7 044
7 044
7 044
Free-cash
33 960
35 616
32 194
32 695

Estimated living cost  is ₴7044 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1976
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
Lisbon , Portugal
₴23425
₴17035
₴21472
₴23732
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.

-
-
-
58 500
income
-
-
-
7 156
social contributions

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

-
-
-
20 329
surtax
-
-
-
-
total
-
-
-
27 485
Employee
13 993
-
47 273
-
income
2 911
-
15 494
-
social contributions
1 539
-
5 200
-
surtax
-
-
-
-
total
4 450
-
20 694
-
Employer
13 993
-
47 273
-
social contributions
3 323
-
11 227
-
total
3 323
-
11 227
-
Corporate
41 183
58 500
-
-
income
8 649
12 285
-
-
surtax
-
-
-
-
total
8 649
12 285
-
-
Dividends
32 535
46 215
-
-
withholding
9 110
12 940
-
-
total
9 110
12 940
-
-
Income
58 500
58 500
58 500
58 500
Total tax
25 532
25 225
31 921
27 485
After tax
32 968
33 275
26 579
31 015
Living cost
9 544
9 544
9 544
9 544
Free-cash
23 425
23 732
17 035
21 472

Estimated living cost  is ₴9544 per week

₴7140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
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.
₴1681
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
₴52769
₴44437
₴55552
₴53212
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%.

-
-
-
58 500
microenterprise

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

-
-
-
585
total
-
-
-
585
Employee
2 953
-
58 500
-
income
591
-
11 700
-
total
591
-
11 700
-
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%.

55 547
58 500
-
-
total
-
-
-
-
Dividends
55 547
58 500
-
-
withholding
2 777
2 925
-
-
total
2 777
2 925
-
-
Income
58 500
58 500
58 500
58 500
Total tax
3 368
2 925
11 700
585
After tax
55 132
55 575
46 800
57 915
Living cost
2 363
2 363
2 363
2 363
Free-cash
52 769
53 212
44 437
55 552

Estimated living cost  is ₴2363 per week

₴1464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴637
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.

Ljubljana , Slovenia
₴29571
₴18612
₴20049
₴32116
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.

-
-
-
58 500
pensions
-
-
-
10 683
unemployment
-
-
-
88
income
-
-
-
13 763
health
-
-
-
5 756
total
-
-
-
30 290
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.

13 454
-
50 618
-
health
869
-
3 270
-
unemployment
19
-
71
-
pensions
2 086
-
7 846
-
income
2 320
-
12 658
-
total
5 294
-
23 845
-
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.

13 454
-
50 618
-
health
896
-
3 371
-
pensions
1 191
-
4 480
-
unemployment
8
-
31
-
total
2 095
-
7 882
-
Corporate
42 951
58 500
-
-
income
8 161
11 115
-
-
total
8 161
11 115
-
-
Dividends
34 790
47 385
-
-
withholding
5 218
7 108
-
-
total
5 218
7 108
-
-
Income
58 500
58 500
58 500
58 500
Total tax
20 768
18 223
31 727
30 290
After tax
37 732
40 277
26 773
28 210
Living cost
8 161
8 161
8 161
8 161
Free-cash
29 571
32 116
18 612
20 049

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
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.
₴1879
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
Sliema , Malta
₴26438
₴30249
₴36756
₴25373
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.

-
-
-
58 500
income
-
-
-
8 775
health

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

-
-
-
1 924
total
-
-
-
10 699
Employee
13 957
-
57 100
-
social contributions
1 398
-
1 400
-
income
1 514
-
14 406
-
total
2 912
-
15 806
-
Employer
13 957
-
57 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
43 144
58 500
-
-
income
15 100
20 475
-
-
total
15 100
20 475
-
-
Dividends
28 044
38 025
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
58 500
58 500
58 500
58 500
Total tax
21 017
22 082
17 206
10 699
After tax
37 483
36 418
41 294
47 801
Living cost
11 045
11 045
11 045
11 045
Free-cash
26 438
25 373
30 249
36 756

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴29396
₴29766
₴31117
₴29239
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
-
-
-
58 500
income
-
-
-
8 775
health
-
-
-
4 083
social contributions
-
-
-
8 073
total
-
-
-
20 931
Employee
10 316
-
58 500
-
health
720
-
4 083
-
income
1 721
-
10 126
-
social contributions
1 424
-
8 073
-
total
3 865
-
22 282
-
Employer
10 316
-
58 500
-
total
-
-
-
-
Corporate
48 184
58 500
-
-
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%.

2 409
2 925
-
-
total
2 409
2 925
-
-
Dividends
45 775
55 575
-
-
social contributions
6 317
7 669
-
-
withholding
6 866
8 336
-
-
health
3 195
3 879
-
-
total
16 378
19 884
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 652
22 809
22 282
20 931
After tax
35 848
35 691
36 218
37 569
Living cost
6 452
6 452
6 452
6 452
Free-cash
29 396
29 239
29 766
31 117

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
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.
₴1587
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
₴28723
₴23082
₴25580
₴31761
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
-
-
-
58 500
income
-
-
-
6 099
health
-
-
-
7 898
social contributions
-
-
-
9 945
solidarity contribution
-
-
-
462
total
-
-
-
24 404
Employee
12 524
-
45 858
-
health
1 691
-
6 191
-
solidarity contribution
-
-
238
-
income
1 503
-
5 618
-
social contributions
814
-
2 214
-
total
4 008
-
14 261
-
Employer
12 524
-
45 858
-
health
1 127
-
4 127
-
social contributions
3 131
-
8 514
-
total
4 258
-
12 641
-
Corporate
41 718
58 500
-
-
income
7 926
11 115
-
-
total
7 926
11 115
-
-
Dividends
33 791
47 385
-
-
withholding
5 069
7 108
-
-
total
5 069
7 108
-
-
Income
58 500
58 500
58 500
58 500
Total tax
21 261
18 223
26 902
24 404
After tax
37 239
40 277
31 598
34 096
Living cost
8 516
8 516
8 516
8 516
Free-cash
28 723
31 761
23 082
25 580

Estimated living cost  is ₴8516 per week

₴6333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1564
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
Tbilisi , Georgia
₴51203
₴43118
₴54233
₴51893
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%.

-
-
-
58 500
microenterprise

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

-
-
-
585
total
-
-
-
585
Employee
4 602
-
58 500
-
income
920
-
11 700
-
total
920
-
11 700
-
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%.

53 898
58 500
-
-
total
-
-
-
-
Dividends
53 898
58 500
-
-
withholding
2 695
2 925
-
-
total
2 695
2 925
-
-
Income
58 500
58 500
58 500
58 500
Total tax
3 615
2 925
11 700
585
After tax
54 885
55 575
46 800
57 915
Living cost
3 682
3 682
3 682
3 682
Free-cash
51 203
51 893
43 118
54 233

Estimated living cost  is ₴3682 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴912
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.

Paris , France
₴16880
₴16896
₴18179
₴14789
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
-
-
-
58 500
income
-
-
-
9 555
other
-
-
-
1 814
health
-
-
-
2 627
social contributions
-
-
-
1 667
pensions
-
-
-
9 963
surtax
-
-
-
-
total
-
-
-
25 626
Employee
19 056
-
45 056
-
pensions
2 155
-
3 224
-
income
1 663
-
8 958
-
social contributions
543
-
1 284
-
surtax
-
-
-
-
total
4 361
-
13 466
-
Employer
19 056
-
45 056
-
health
1 334
-
4 276
-
social contributions
57
-
135
-
pensions
3 131
-
5 411
-
unemployment
772
-
1 825
-
other
658
-
1 796
-
total
5 952
-
13 443
-
Corporate
33 492
58 500
-
-
income
9 378
16 380
-
-
surtax
-
-
-
-
total
9 378
16 380
-
-
Dividends
24 114
42 120
-
-
social contributions
4 147
7 244
-
-
surtax
-
-
-
-
withholding
3 087
5 392
-
-
total
7 234
12 636
-
-
Income
58 500
58 500
58 500
58 500
Total tax
26 925
29 016
26 909
25 626
After tax
31 575
29 484
31 591
32 874
Living cost
14 695
14 695
14 695
14 695
Free-cash
16 880
14 789
16 896
18 179

Estimated living cost  is ₴14695 per week

₴9945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
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
Belgrade , Serbia
₴35529
₴31421
₴31422
₴37020
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.

-
-
-
58 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
13 358
health
-
-
-
2 309
total
-
-
-
21 832
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.

7 911
-
54 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
13 358
-
total
2 664
-
17 820
-
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.

7 911
-
54 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
49 173
58 500
-
-
income
7 376
8 775
-
-
total
7 376
8 775
-
-
Dividends
41 797
49 725
-
-
withholding
6 270
7 459
-
-
total
6 270
7 459
-
-
Income
58 500
58 500
58 500
58 500
Total tax
17 725
16 234
21 833
21 832
After tax
40 775
42 266
36 667
36 668
Living cost
5 246
5 246
5 246
5 246
Free-cash
35 529
37 020
31 421
31 422

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1156
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
Zurich , Switzerland
₴14912
₴23616
₴25843
₴6059
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
-
-
-
58 500
pensions
-
-
-
5 382
city
-
-
-
616
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.

-
-
-
1 170
health
-
-
-
132
regional
-
-
-
3 226
national
-
-
-
1 440
total
-
-
-
11 966
Employee
24 214
-
52 600
-
health
55
-
119
-
unemployment
-
-
-
-
city
260
-
568
-
pensions
2 034
-
4 151
-
regional
793
-
2 861
-
national
115
-
1 172
-
total
3 257
-
8 871
-
Employer
24 214
-
52 600
-
health
55
-
119
-
pensions
2 034
-
4 151
-
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.

484
-
1 052
-
total
2 573
-
5 322
-
Corporate
31 447
58 500
-
-
regional
6 651
12 373
-
-
national
2 673
4 973
-
-
total
9 324
17 346
-
-
Dividends
22 123
41 155
-
-
withholding
7 743
14 404
-
-
total
7 743
14 404
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 897
31 750
14 193
11 966
After tax
35 603
26 750
44 307
46 534
Living cost
20 691
20 691
20 691
20 691
Free-cash
14 912
6 059
23 616
25 843

Estimated living cost  is ₴20691 per week

₴13455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
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.

Helsinki , Finland
₴25554
₴18638
₴25338
₴24672
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

-
-
-
58 500
municipal
-
-
-
10 391
health
-
-
-
774
national
-
-
-
10 316
total
-
-
-
21 481
Employee
16 007
-
49 213
-
health
120
-
631
-
unemployment
240
-
738
-
pensions
1 080
-
3 322
-
national
264
-
6 190
-
municipal
2 622
-
8 014
-
total
4 326
-
18 895
-
Employer
16 007
-
49 213
-
health
123
-
379
-
pensions
2 777
-
8 538
-
accident
16
-
49
-
unemployment
104
-
320
-
total
3 020
-
9 286
-
Corporate
39 472
58 500
-
-
income
7 895
11 700
-
-
total
7 895
11 700
-
-
Dividends

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

23 683
35 100
-
-
municipal
4 263
6 318
-
-
national
1 761
4 129
-
-
total
6 024
10 447
-
-
Income
58 500
58 500
58 500
58 500
Total tax
21 265
22 147
28 181
21 481
After tax
37 235
36 353
30 319
37 019
Living cost
11 681
11 681
11 681
11 681
Free-cash
25 554
24 672
18 638
25 338

Estimated living cost  is ₴11681 per week

₴7630
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.
₴186
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.
₴2742
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.

Brussels , Belgium
₴17050
₴9229
₴14299
₴21563
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
-
-
-
58 500
communal

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

-
-
-
3 055
social contributions
-
-
-
7 586
national
-
-
-
22 466
total
-
-
-
33 107
Employee

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

21 764
-
45 310
-
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.

1 023
-
2 129
-
communal

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

1 135
-
2 363
-
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.

189
-
394
-
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.

1 632
-
3 398
-
national
6 691
-
16 702
-
total
10 670
-
24 986
-
Employer

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

21 764
-
45 310
-
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.

1 338
-
2 786
-
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.

1 928
-
4 015
-
surtax
2 468
-
5 139
-
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.

283
-
589
-
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.

318
-
662
-
total
6 335
-
13 191
-
Corporate
30 401
58 500
-
-
income
6 080
11 769
-
-
surtax
122
236
-
-
total
6 202
12 005
-
-
Dividends
24 199
46 496
-
-
withholding

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

7 149
13 838
-
-
total
7 149
13 838
-
-
Income
58 500
58 500
58 500
58 500
Total tax
30 356
25 843
38 177
33 107
After tax
28 144
32 657
20 323
25 393
Living cost
11 094
11 094
11 094
11 094
Free-cash
17 050
21 563
9 229
14 299

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴2804
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
Stockholm , Sweden
₴18448
₴16507
₴16828
₴18745
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
-
-
-
58 500
unemployment
-
-
-
29
municipal
-
-
-
14 946
other
-
-
-
3 361
health
-
-
-
1 805
national
-
-
-
5 151
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
28 476
Employee
18 803
-
49 413
-
national
-
-
4 974
-
municipal
5 607
-
14 735
-
total
5 607
-
19 709
-
Employer
18 803
-
49 413
-
health
1 156
-
1 779
-
pensions
2 033
-
3 126
-
accident
38
-
58
-
unemployment
496
-
764
-
other
2 185
-
3 361
-
total
5 908
-
9 088
-
Corporate
33 789
58 500
-
-
income
7 434
12 870
-
-
total
7 434
12 870
-
-
Dividends
26 355
45 630
-
-
withholding
7 907
13 689
-
-
total
7 907
13 689
-
-
Income
58 500
58 500
58 500
58 500
Total tax
26 856
26 559
28 797
28 476
After tax
31 644
31 941
29 703
30 024
Living cost
13 196
13 196
13 196
13 196
Free-cash
18 448
18 745
16 507
16 828

Estimated living cost  is ₴13196 per week

₴8746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
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.
₴2955
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
Oslo , Norway
₴4670
₴39308
₴25720
₴20883
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
-
-
-
58 500
income
-
-
-
11 403
social contributions
-
-
-
6 669
total
-
-
-
18 072
Employee
21 090
-
-
-
income
4 652
-
-
-
social contributions
1 729
-
246
-
total
6 381
-
246
-
Employer
21 090
-
-
-
social contributions
29 736
-
4 238
-
total
29 736
-
4 238
-
Corporate
7 674
58 500
-
-
income
1 688
12 870
-
-
total
1 688
12 870
-
-
Dividends
5 986
45 630
-
-
income
1 317
10 039
-
-
total
1 317
10 039
-
-
Income
58 500
58 500
58 500
58 500
Total tax
39 122
22 909
4 484
18 072
After tax
19 378
35 591
54 016
40 428
Living cost
14 708
14 708
14 708
14 708
Free-cash
4 670
20 883
39 308
25 720

Estimated living cost  is ₴14708 per week

₴9543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3594
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
₴31530
₴29370
₴29870
₴32792
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
-
-
-
58 500
income
-
-
-
12 346
health
-
-
-
1 492
social contributions
-
-
-
4 923
total
-
-
-
18 761
Employee
23 396
23 396
54 866
-
health
233
398
932
-
income
2 457
2 166
12 077
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
15 628
-
Employer
23 396
23 396
54 866
-
health
253
433
1 015
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 634
-
Corporate
43 415
32 729
-
-
income
5 427
4 091
-
-
total
5 427
4 091
-
-
Dividends
37 988
28 638
-
-
withholding
6 458
4 868
-
-
total
6 458
4 868
-
-
Income
58 500
58 500
58 500
58 500
Total tax
17 102
15 840
19 262
18 761
After tax
41 398
42 660
39 238
39 739
Living cost
9 868
9 868
9 868
9 868
Free-cash
31 530
32 792
29 370
29 870

Estimated living cost  is ₴9868 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴28388
₴22107
₴27365
₴26647
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
-
-
-
58 500
income
-
-
-
17 431
pensions
-
-
-
2 780
total
-
-
-
20 211
Employee
14 994
-
51 041
-
health
196
-
714
-
pensions
1 144
-
3 370
-
income
2 731
-
13 926
-
total
4 071
-
18 010
-
Employer
14 994
-
51 041
-
health
285
-
970
-
pensions
1 515
-
6 489
-
total
1 800
-
7 459
-
Corporate
41 706
58 500
-
-
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.

7 924
11 115
-
-
total
7 924
11 115
-
-
Dividends
33 782
47 385
-
-
withholding
5 393
9 814
-
-
total
5 393
9 814
-
-
Income
58 500
58 500
58 500
58 500
Total tax
19 188
20 929
25 469
20 211
After tax
39 312
37 571
33 031
38 289
Living cost
10 924
10 924
10 924
10 924
Free-cash
28 388
26 647
22 107
27 365

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2288
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.

Rome , Italy
₴17308
₴12290
₴14854
₴18693
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
-
-
-
58 500
municipal
-
-
-
391
regional
-
-
-
1 346
social contributions
-
-
-
15 046
national
-
-
-
14 742
total
-
-
-
31 525
Employee
25 638
-
58 500
-
social contributions
8 645
-
19 726
-
regional
387
-
1 194
-
national
4 333
-
12 820
-
municipal
153
-
349
-
total
13 518
-
34 089
-
Employer
25 638
-
58 500
-
total
-
-
-
-
Corporate
32 862
58 500
-
-
nationa
7 887
14 040
-
-
municipal
1 584
2 820
-
-
total
9 471
16 860
-
-
Dividends
23 391
41 640
-
-
withholding
6 082
10 826
-
-
total
6 082
10 826
-
-
Income
58 500
58 500
58 500
58 500
Total tax
29 071
27 686
34 089
31 525
After tax
29 429
30 814
24 411
26 975
Living cost
12 121
12 121
12 121
12 121
Free-cash
17 308
18 693
12 290
14 854

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2590
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
Gdansk , Poland
₴3742
₴25506
₴33470
-₴1760
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
-
-
-
58 500
pensions
-
-
-
1 229
income
-
-
-
16 475
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
18 532
Employee
10 222
-
53 060
-
health
1 170
-
6 075
-
pensions
1 151
-
2 253
-
income
1 402
-
12 728
-
total
3 723
-
21 056
-
Employer
10 222
-
53 060
-
pensions
1 662
-
3 254
-
accident
171
-
886
-
unemployment
250
-
1 300
-
total
2 083
-
5 440
-
Corporate
46 195
58 500
-
-
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.

41 576
52 650
-
-
total
41 576
52 650
-
-
Dividends
4 620
5 850
-
-
withholding
878
1 112
-
-
total
878
1 112
-
-
Income
58 500
58 500
58 500
58 500
Total tax
48 260
53 762
26 496
18 532
After tax
10 240
4 738
32 004
39 968
Living cost
6 498
6 498
6 498
6 498
Free-cash
3 742
-1 760
25 506
33 470

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴1240
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.

Berlin , Germany
₴22333
₴25024
₴18659
₴18352
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.

-
-
-
58 500
trade
-
-
-
6 365
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.

-
-
-
18 627
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.

-
-
-
2 079
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.

-
-
-
1 024
total
-
-
-
28 095
Employee

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

15 139
-
58 500
-
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.

2 079
-
2 079
-
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.

1 245
-
18 627
-
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.

69
-
1 024
-
total
3 393
-
21 730
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 361
58 500
-
-
income
6 504
8 775
-
-
trade
6 222
8 395
-
-
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.

358
483
-
-
chamber of commerce
110
132
-
-
total
13 194
17 785
-
-
Dividends
30 167
40 716
-
-
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
554
-
-
withholding
7 426
10 063
-
-
total
7 834
10 617
-
-
Income
58 500
58 500
58 500
58 500
Total tax
24 421
28 402
21 730
28 095
After tax
34 079
30 098
36 770
30 405
Living cost
11 746
11 746
11 746
11 746
Free-cash
22 333
18 352
25 024
18 659

Estimated living cost  is ₴11746 per week

₴8103
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.
₴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.
₴2209
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.

Riga , Latvia
₴37973
₴18581
₴14280
₴40470
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.

-
-
-
58 500
income
-
-
-
11 316
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 657
surtax
-
-
-
14 917
total
-
-
-
37 890
Employee
8 890
-
44 833
-
income
1 583
-
9 433
-
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.

978
-
3 989
-
surtax
-
-
6 501
-
total
2 561
-
19 923
-
Employer
8 890
-
44 833
-
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.

2 142
-
8 735
-
surtax
-
-
4 931
-
total
2 142
-
13 666
-
Corporate
47 468
58 500
-
-
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%.

9 494
11 700
-
-
total
9 494
11 700
-
-
Dividends

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

37 974
46 800
-
-
total
-
-
-
-
Income
58 500
58 500
58 500
58 500
Total tax
14 197
11 700
33 589
37 890
After tax
44 303
46 800
24 911
20 610
Living cost
6 330
6 330
6 330
6 330
Free-cash
37 973
40 470
18 581
14 280

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
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.
₴1545
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
Istanbul , Turkey
₴32099
₴31750
₴32021
₴32721
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
-
-
-
58 500
income
-
-
-
17 937
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
22 696
Employee
5 761
-
55 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
17 792
-
total
1 980
-
19 862
-
Employer
5 761
-
55 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
51 442
58 500
-
-
income
11 317
12 870
-
-
total
11 317
12 870
-
-
Dividends
40 125
45 630
-
-
withholding
8 025
9 126
-
-
total
8 025
9 126
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 618
21 996
22 967
22 696
After tax
35 882
36 504
35 533
35 804
Living cost
3 783
3 783
3 783
3 783
Free-cash
32 099
32 721
31 750
32 021

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
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
Athens , Greece
₴28994
₴18925
₴20785
₴29963
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
-
-
-
58 500
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
17 069
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
2 739
total
-
-
-
30 881
Employee
10 246
-
49 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
15 249
-
other
-
-
-
-
surtax
36
-
2 375
-
total
3 413
-
24 193
-
Employer
10 246
-
49 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
46 097
58 500
-
-
income
11 985
15 210
-
-
total
11 985
15 210
-
-
Dividends
34 111
43 290
-
-
withholding
5 117
6 493
-
-
total
5 117
6 493
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 672
21 703
32 741
30 881
After tax
35 828
36 797
25 759
27 619
Living cost
6 834
6 834
6 834
6 834
Free-cash
28 994
29 963
18 925
20 785

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
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.
₴1956
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
Graz , Austria
₴22496
₴5750
₴20391
₴22647
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
-
-
-
58 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
234
unemployment
-
-
-
1 866
income
-