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
₴ 60000
per

Your estimated
City
free-cash

Andorra , Andorra
₴33850
₴42478
₴35444
₴43636
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
-
-
-
60 000
social contributions
-
-
-
13 200
income
-
-
-
2 586
total
-
-
-
15 786
Employee
11 084
-
51 948
-
social contributions
720
-
3 377
-
income
-
-
2 763
-
total
720
-
6 140
-
Employer
11 084
-
51 948
-
social contributions
1 718
-
8 052
-
total
1 718
-
8 052
-
Corporate
47 197
60 000
-
-
income
4 720
6 000
-
-
total
4 720
6 000
-
-
Dividends
42 477
54 000
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
7 158
6 000
14 192
15 786
After tax
52 842
54 000
45 808
44 214
Living cost
10 364
10 364
10 364
10 364
Free-cash
42 478
43 636
35 444
33 850

Estimated living cost  is ₴10364 per week

₴6701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴781
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.
₴2687
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
₴19860
₴22071
₴4931
₴22241
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
-
-
-
60 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 081
chamber of commerce
-
-
-
240
pensions
-
-
-
7 452
income
-
-
-
16 252
total
-
-
-
29 140
Employee
15 071
13 740
47 855
-
unemployment
452
412
1 208
-
other
150
137
403
-
income
1 343
1 013
12 992
-
pensions
1 543
1 407
4 125
-
health
583
532
1 559
-
total
4 071
3 501
20 287
-
Employer
15 071
13 740
47 855
-
pensions
1 892
1 725
5 055
-
surtax
-
-
-
-
payroll
452
412
1 436
-
other
716
652
2 208
-
health
570
520
1 523
-
accident
196
179
523
-
unemployment
452
412
1 208
-
chamber of commerce
60
55
192
-
total
4 338
3 955
12 145
-
Corporate
40 591
42 305
46 546
-
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.

10 148
10 577
11 637
-
total
10 148
10 577
11 637
-
Dividends
30 443
31 729
-
-
withholding
8 372
8 726
-
-
total
8 372
8 726
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 929
26 759
44 069
29 140
After tax
33 071
33 241
15 931
30 860
Living cost
11 000
11 000
11 000
11 000
Free-cash
22 071
22 241
4 931
19 860

Estimated living cost  is ₴11000 per week

₴6599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
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.
₴3082
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
₴18643
₴20520
₴3766
₴21056
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
-
-
-
60 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 081
chamber of commerce
-
-
-
240
pensions
-
-
-
7 452
income
-
-
-
16 252
total
-
-
-
29 208
Employee
17 231
13 740
47 792
-
unemployment
517
412
1 208
-
other
172
137
403
-
income
1 962
1 013
12 961
-
pensions
1 765
1 407
4 125
-
health
667
532
1 559
-
total
5 083
3 501
20 256
-
Employer
17 231
13 740
47 792
-
pensions
2 162
1 725
5 055
-
surtax
68
68
68
-
payroll
517
412
1 434
-
other
819
652
2 206
-
health
651
520
1 523
-
accident
224
179
523
-
unemployment
517
412
1 208
-
chamber of commerce
69
55
191
-
total
5 027
4 023
12 208
-
Corporate
37 743
42 237
46 483
-
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.

9 436
10 560
11 621
-
total
9 436
10 560
11 621
-
Dividends
28 308
31 678
-
-
withholding
7 785
8 711
-
-
total
7 785
8 711
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 331
26 795
44 085
29 208
After tax
32 669
33 205
15 915
30 792
Living cost
12 149
12 149
12 149
12 149
Free-cash
20 520
21 056
3 766
18 643

Estimated living cost  is ₴12149 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1036
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.
₴2810
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
₴13437
₴15815
₴8596
₴20986
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
-
-
-
60 000
national
-
-
-
22 312
communal

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

-
-
-
3 084
social contributions
-
-
-
8 596
total
-
-
-
33 992
Employee

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

24 663
-
46 473
-
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
-
404
-
national
7 582
-
16 809
-
communal

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

1 286
-
2 424
-
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
-
3 485
-
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
-
2 184
-
total
12 092
-
25 306
-
Employer

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

24 663
-
46 473
-
surtax
2 796
-
5 270
-
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.

2 185
-
4 117
-
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
-
2 858
-
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
-
604
-
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
-
678
-
total
7 179
-
13 527
-
Corporate
28 159
60 000
-
-
income
5 631
12 000
-
-
surtax
113
240
-
-
total
5 744
12 240
-
-
Dividends
22 415
47 760
-
-
withholding

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

6 599
14 203
-
-
total
6 599
14 203
-
-
Income
60 000
60 000
60 000
60 000
Total tax
31 614
26 443
38 833
33 992
After tax
28 386
33 557
21 167
26 008
Living cost
12 571
12 571
12 571
12 571
Free-cash
15 815
20 986
8 596
13 437

Estimated living cost  is ₴12571 per week

₴8097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1099
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.
₴3178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴41869
₴43282
₴44215
₴45379
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
-
-
-
60 000
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
-
-
-
9 000
total
-
-
-
12 210
Employee
7 841
-
57 641
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
5 764
-
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
-
7 505
-
Employer
7 841
-
57 641
-
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
50 621
60 000
-
-
income
5 062
6 000
-
-
total
5 062
6 000
-
-
Dividends
45 559
54 000
-
-
withholding
2 278
2 700
-
-
total
2 278
2 700
-
-
Income
60 000
60 000
60 000
60 000
Total tax
10 797
8 700
9 864
12 210
After tax
49 203
51 300
50 136
47 790
Living cost
5 921
5 921
5 921
5 921
Free-cash
43 282
45 379
44 215
41 869

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
₴43277
₴45187
₴45623
₴46787
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
-
-
-
60 000
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
-
-
-
9 000
total
-
-
-
12 210
Employee
5 976
-
57 641
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
5 764
-
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
-
7 505
-
Employer
5 976
-
57 641
-
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
52 851
60 000
-
-
income
5 285
6 000
-
-
total
5 285
6 000
-
-
Dividends
47 566
54 000
-
-
withholding
2 378
2 700
-
-
total
2 378
2 700
-
-
Income
60 000
60 000
60 000
60 000
Total tax
10 300
8 700
9 864
12 210
After tax
49 700
51 300
50 136
47 790
Living cost
4 513
4 513
4 513
4 513
Free-cash
45 187
46 787
45 623
43 277

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
₴33064
₴33915
₴32534
₴35790
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
-
-
-
60 000
health
-
-
-
1 530
social contributions
-
-
-
5 578
income
-
-
-
11 845
total
-
-
-
18 953
Employee
26 512
26 512
55 996
-
income
2 887
2 454
11 559
-
social contributions
1 002
2 200
2 968
-
health
205
451
952
-
total
4 094
5 105
15 479
-
Employer
26 512
26 512
55 996
-
social contributions
1 002
2 200
2 968
-
health
223
491
1 036
-
total
1 225
2 691
4 004
-
Corporate
46 697
30 797
-
-
income
5 837
3 850
-
-
total
5 837
3 850
-
-
Dividends
40 860
26 947
-
-
withholding
6 946
4 581
-
-
total
6 946
4 581
-
-
Income
60 000
60 000
60 000
60 000
Total tax
18 102
16 227
19 483
18 953
After tax
41 898
43 773
40 517
41 047
Living cost
7 983
7 983
7 983
7 983
Free-cash
33 915
35 790
32 534
33 064

Estimated living cost  is ₴7983 per week

₴4784
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.
₴2239
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
₴29864
₴31161
₴29334
₴32590
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
-
-
-
60 000
health
-
-
-
1 530
social contributions
-
-
-
5 578
income
-
-
-
11 845
total
-
-
-
18 953
Employee
26 512
26 512
55 996
-
income
2 784
2 454
11 559
-
social contributions
1 288
2 200
2 968
-
health
264
451
952
-
total
4 336
5 105
15 479
-
Employer
26 512
26 512
55 996
-
social contributions
1 288
2 200
2 968
-
health
287
491
1 036
-
total
1 575
2 691
4 004
-
Corporate
42 905
30 797
-
-
income
5 363
3 850
-
-
total
5 363
3 850
-
-
Dividends
37 542
26 947
-
-
withholding
6 382
4 581
-
-
total
6 382
4 581
-
-
Income
60 000
60 000
60 000
60 000
Total tax
17 656
16 227
19 483
18 953
After tax
42 344
43 773
40 517
41 047
Living cost
11 183
11 183
11 183
11 183
Free-cash
31 161
32 590
29 334
29 864

Estimated living cost  is ₴11183 per week

₴7645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴2477
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
₴26342
₴30518
₴23741
₴33355
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
-
-
-
60 000
health
-
-
-
8 100
social contributions
-
-
-
11 448
income
-
-
-
6 068
solidarity contribution
-
-
-
87
total
-
-
-
25 703
Employee
11 699
-
46 054
-
income
1 404
-
5 593
-
social contributions
760
-
2 548
-
health
1 579
-
6 217
-
solidarity contribution
-
-
-
-
total
3 743
-
14 358
-
Employer
11 699
-
46 054
-
social contributions
2 925
-
9 801
-
health
1 053
-
4 145
-
total
3 978
-
13 946
-
Corporate
44 323
60 000
-
-
income
8 421
11 400
-
-
total
8 421
11 400
-
-
Dividends
35 902
48 600
-
-
withholding
5 385
7 290
-
-
total
5 385
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 527
18 690
28 304
25 703
After tax
38 473
41 310
31 696
34 297
Living cost
7 955
7 955
7 955
7 955
Free-cash
30 518
33 355
23 741
26 342

Estimated living cost  is ₴7955 per week

₴5526
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.
₴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.
₴1707
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
₴24494
₴28010
₴21893
₴31507
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
-
-
-
60 000
health
-
-
-
8 100
social contributions
-
-
-
11 448
income
-
-
-
6 068
solidarity contribution
-
-
-
87
total
-
-
-
25 703
Employee
14 416
-
46 054
-
income
1 730
-
5 593
-
social contributions
937
-
2 548
-
health
1 946
-
6 217
-
solidarity contribution
-
-
-
-
total
4 613
-
14 358
-
Employer
14 416
-
46 054
-
social contributions
3 604
-
9 801
-
health
1 297
-
4 145
-
total
4 901
-
13 946
-
Corporate
40 682
60 000
-
-
income
7 730
11 400
-
-
total
7 730
11 400
-
-
Dividends
32 952
48 600
-
-
withholding
4 943
7 290
-
-
total
4 943
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 187
18 690
28 304
25 703
After tax
37 813
41 310
31 696
34 297
Living cost
9 803
9 803
9 803
9 803
Free-cash
28 010
31 507
21 893
24 494

Estimated living cost  is ₴9803 per week

₴7290
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.
₴1800
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
₴18784
-₴15351
-₴15351
-₴15351
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
-
-
-
60 000
national
-
-
-
7 013
pensions
-
-
-
300
municipal
-
-
-
12 471
labour market
-
-
-
4 776
total
-
-
-
24 560
Employee
70 300
70 300
70 300
-
municipal
14 970
14 970
14 970
-
national
8 588
8 588
8 588
-
pensions
100
100
100
-
labour market
5 616
5 616
5 616
-
total
29 274
29 274
29 274
-
Employer
70 300
70 300
70 300
-
pensions
200
200
200
-
labour market
5 624
5 624
5 624
-
municipal
14 994
14 994
14 994
-
national
8 603
8 603
8 603
-
total
29 421
29 421
29 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
58 695
58 695
58 695
24 560
After tax
1 305
1 305
1 305
35 440
Living cost
16 656
16 656
16 656
16 656
Free-cash
-15 351
-15 351
-15 351
18 784

Estimated living cost  is ₴16656 per week

₴11399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
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.
₴3527
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
₴23832
₴37530
₴26254
₴39672
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
-
-
-
60 000
health
-
-
-
7 800
pensions
-
-
-
12 000
income
-
-
-
8 040
total
-
-
-
27 840
Employee
9 781
-
44 843
-
unemployment
156
-
718
-
income
1 101
-
8 646
-
pensions
196
-
897
-
total
1 453
-
10 261
-
Employer
9 781
-
44 843
-
pensions
1 956
-
8 968
-
health
1 271
-
5 830
-
unemployment
79
-
359
-
total
3 306
-
15 157
-
Corporate
46 913
60 000
-
-
income
9 383
12 000
-
-
total
9 383
12 000
-
-
Dividends
37 530
48 000
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
14 142
12 000
25 418
27 840
After tax
45 858
48 000
34 582
32 160
Living cost
8 328
8 328
8 328
8 328
Free-cash
37 530
39 672
26 254
23 832

Estimated living cost  is ₴8328 per week

₴5712
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.
₴167
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.
₴1952
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
₴25569
₴25257
₴18285
₴24406
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

-
-
-
60 000
national
-
-
-
9 754
health
-
-
-
780
municipal
-
-
-
10 660
total
-
-
-
21 194
Employee
18 140
-
50 475
-
unemployment
272
-
757
-
municipal
2 971
-
8 222
-
national
300
-
5 934
-
pensions
1 224
-
3 407
-
health
135
-
633
-
total
4 902
-
18 953
-
Employer
18 140
-
50 475
-
pensions
3 147
-
8 758
-
health
139
-
389
-
accident
18
-
50
-
unemployment
118
-
328
-
total
3 422
-
9 525
-
Corporate
38 438
60 000
-
-
income
7 687
12 000
-
-
total
7 687
12 000
-
-
Dividends

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

23 063
36 000
-
-
municipal
4 151
6 480
-
-
national
1 344
3 877
-
-
total
5 495
10 357
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 506
22 357
28 478
21 194
After tax
38 494
37 643
31 522
38 806
Living cost
13 237
13 237
13 237
13 237
Free-cash
25 257
24 406
18 285
25 569

Estimated living cost  is ₴13237 per week

₴8646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1273
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.
₴3107
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
₴23198
₴21529
₴22423
₴19614
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
-
-
-
60 000
surtax
-
-
-
-
health
-
-
-
2 514
pensions
-
-
-
10 768
social contributions
-
-
-
1 709
income
-
-
-
9 324
other
-
-
-
1 860
total
-
-
-
26 175
Employee
13 172
-
46 534
-
income
679
-
8 964
-
surtax
-
-
-
-
social contributions
376
-
1 326
-
pensions
1 490
-
3 195
-
total
2 545
-
13 485
-
Employer
13 172
-
46 534
-
pensions
2 164
-
5 386
-
social contributions
39
-
139
-
other
455
-
1 798
-
health
922
-
4 258
-
unemployment
533
-
1 884
-
total
4 113
-
13 465
-
Corporate
42 715
60 000
-
-
income
11 960
16 800
-
-
surtax
-
-
-
-
total
11 960
16 800
-
-
Dividends
30 755
43 200
-
-
withholding
3 937
5 529
-
-
social contributions
5 289
7 430
-
-
surtax
-
-
-
-
total
9 226
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 844
29 759
26 950
26 175
After tax
32 156
30 241
33 050
33 825
Living cost
10 627
10 627
10 627
10 627
Free-cash
21 529
19 614
22 423
23 198

Estimated living cost  is ₴10627 per week

₴6163
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.
₴3183
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
₴22029
₴20481
₴21254
₴18445
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
-
-
-
60 000
surtax
-
-
-
-
health
-
-
-
2 514
pensions
-
-
-
10 768
social contributions
-
-
-
1 709
income
-
-
-
9 324
other
-
-
-
1 860
total
-
-
-
26 175
Employee
14 756
-
46 534
-
income
871
-
8 964
-
surtax
-
-
-
-
social contributions
421
-
1 326
-
pensions
1 668
-
3 195
-
total
2 960
-
13 485
-
Employer
14 756
-
46 534
-
pensions
2 424
-
5 386
-
social contributions
44
-
139
-
other
509
-
1 798
-
health
1 033
-
4 258
-
unemployment
597
-
1 884
-
total
4 607
-
13 465
-
Corporate
40 636
60 000
-
-
income
11 378
16 800
-
-
surtax
-
-
-
-
total
11 378
16 800
-
-
Dividends
29 258
43 200
-
-
withholding
3 745
5 529
-
-
social contributions
5 033
7 430
-
-
surtax
-
-
-
-
total
8 778
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 723
29 759
26 950
26 175
After tax
32 277
30 241
33 050
33 825
Living cost
11 796
11 796
11 796
11 796
Free-cash
20 481
18 445
21 254
22 029

Estimated living cost  is ₴11796 per week

₴7438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
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.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴17172
₴15958
₴16397
₴13588
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
-
-
-
60 000
surtax
-
-
-
-
health
-
-
-
2 514
pensions
-
-
-
10 768
social contributions
-
-
-
1 709
income
-
-
-
9 324
other
-
-
-
1 860
total
-
-
-
26 175
Employee
21 594
-
46 534
-
income
1 884
-
8 964
-
surtax
-
-
-
-
social contributions
615
-
1 326
-
pensions
2 442
-
3 195
-
total
4 941
-
13 485
-
Employer
21 594
-
46 534
-
pensions
3 548
-
5 386
-
social contributions
65
-
139
-
other
745
-
1 798
-
health
1 511
-
4 258
-
unemployment
875
-
1 884
-
total
6 744
-
13 465
-
Corporate
31 661
60 000
-
-
income
8 865
16 800
-
-
surtax
-
-
-
-
total
8 865
16 800
-
-
Dividends
22 796
43 200
-
-
withholding
2 918
5 529
-
-
social contributions
3 921
7 430
-
-
surtax
-
-
-
-
total
6 839
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 389
29 759
26 950
26 175
After tax
32 611
30 241
33 050
33 825
Living cost
16 653
16 653
16 653
16 653
Free-cash
15 958
13 588
16 397
17 172

Estimated living cost  is ₴16653 per week

₴11270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
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.
₴3792
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
₴57160
₴54340
₴45760
₴54760
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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
2 800
-
60 000
-
income
560
-
12 000
-
total
560
-
12 000
-
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%.

57 200
60 000
-
-
total
-
-
-
-
Dividends
57 200
60 000
-
-
withholding
2 860
3 000
-
-
total
2 860
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
3 420
3 000
12 000
600
After tax
56 580
57 000
48 000
59 400
Living cost
2 240
2 240
2 240
2 240
Free-cash
54 340
54 760
45 760
57 160

Estimated living cost  is ₴2240 per week

₴1388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
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.
₴604
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
₴55909
₴52854
₴44509
₴53509
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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
4 364
-
60 000
-
income
873
-
12 000
-
total
873
-
12 000
-
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%.

55 636
60 000
-
-
total
-
-
-
-
Dividends
55 636
60 000
-
-
withholding
2 782
3 000
-
-
total
2 782
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
3 655
3 000
12 000
600
After tax
56 345
57 000
48 000
59 400
Living cost
3 491
3 491
3 491
3 491
Free-cash
52 854
53 509
44 509
55 909

Estimated living cost  is ₴3491 per week

₴2362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴147
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.
₴865
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
₴18544
₴22081
₴24854
₴17569
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.

-
-
-
60 000
surtax

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

-
-
-
1 015
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.

-
-
-
2 355
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.

-
-
-
18 465
trade
-
-
-
6 310
total
-
-
-
28 145
Employee

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

17 155
-
60 000
-
income

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

1 411
-
18 465
-
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
-
1 015
-
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.

2 355
-
2 355
-
total
3 844
-
21 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 845
60 000
-
-
trade
6 148
8 610
-
-
income
6 426
9 000
-
-
chamber of commerce
115
140
-
-
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.

353
495
-
-
total
13 042
18 245
-
-
Dividends
29 802
41 755
-
-
withholding
7 320
10 308
-
-
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.

402
567
-
-
total
7 722
10 875
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 608
29 120
21 835
28 145
After tax
35 392
30 880
38 165
31 855
Living cost
13 311
13 311
13 311
13 311
Free-cash
22 081
17 569
24 854
18 544

Estimated living cost  is ₴13311 per week

₴9182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
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.
₴2503
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
₴20797
₴23634
₴27722
₴19820
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.

-
-
-
60 000
surtax

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

-
-
-
1 015
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.

-
-
-
2 355
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.

-
-
-
18 465
trade
-
-
-
6 925
total
-
-
-
28 760
Employee

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

13 187
-
60 000
-
income

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

368
-
18 465
-
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
-
1 015
-
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.

2 355
-
2 355
-
total
2 743
-
21 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 813
60 000
-
-
trade
7 373
9 450
-
-
income
7 022
9 000
-
-
chamber of commerce
120
139
-
-
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.

386
495
-
-
total
14 901
19 084
-
-
Dividends
31 912
40 916
-
-
withholding
7 847
10 098
-
-
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.

432
555
-
-
total
8 279
10 653
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 923
29 737
21 835
28 760
After tax
34 077
30 263
38 165
31 240
Living cost
10 443
10 443
10 443
10 443
Free-cash
23 634
19 820
27 722
20 797

Estimated living cost  is ₴10443 per week

₴6569
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.
₴2461
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
₴17387
₴21254
₴24620
₴16409
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.

-
-
-
60 000
surtax

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

-
-
-
1 015
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.

-
-
-
2 355
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.

-
-
-
18 465
trade
-
-
-
7 233
total
-
-
-
29 068
Employee

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

17 485
-
60 000
-
income

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

1 502
-
18 465
-
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
-
1 015
-
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.

2 355
-
2 355
-
total
3 939
-
21 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 515
60 000
-
-
trade
6 994
9 870
-
-
income
6 377
9 000
-
-
chamber of commerce
113
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.

351
495
-
-
total
13 835
19 502
-
-
Dividends
28 681
40 498
-
-
withholding
7 040
9 994
-
-
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
550
-
-
total
7 427
10 544
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 201
30 046
21 835
29 068
After tax
34 799
29 954
38 165
30 932
Living cost
13 545
13 545
13 545
13 545
Free-cash
21 254
16 409
24 620
17 387

Estimated living cost  is ₴13545 per week

₴9059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1428
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.
₴2855
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
₴14829
₴19442
₴22370
₴13851
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.

-
-
-
60 000
surtax

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

-
-
-
1 015
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.

-
-
-
2 355
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.

-
-
-
18 465
trade
-
-
-
7 541
total
-
-
-
29 376
Employee

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

20 721
-
60 000
-
income

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

2 437
-
18 465
-
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
-
1 015
-
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.

2 355
-
2 355
-
total
4 926
-
21 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 279
60 000
-
-
trade
6 737
10 290
-
-
income
5 892
9 000
-
-
chamber of commerce
107
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.

324
495
-
-
total
13 060
19 922
-
-
Dividends
26 220
40 078
-
-
withholding
6 424
9 888
-
-
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.

353
544
-
-
total
6 777
10 432
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 763
30 354
21 835
29 376
After tax
35 237
29 646
38 165
30 624
Living cost
15 795
15 795
15 795
15 795
Free-cash
19 442
13 851
22 370
14 829

Estimated living cost  is ₴15795 per week

₴11536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2791
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
₴20658
₴28900
₴18551
₴29996
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
-
-
-
60 000
surtax
-
-
-
2 537
unemployment
-
-
-
79
health
-
-
-
3 267
pensions
-
-
-
9 203
income
-
-
-
16 512
other
-
-
-
-
total
-
-
-
31 598
Employee
11 611
-
50 314
-
unemployment
808
-
3 203
-
other
-
-
-
-
income
1 947
-
14 449
-
surtax
41
-
2 125
-
pensions
775
-
3 069
-
health
296
-
1 173
-
total
3 867
-
24 019
-
Employer
11 611
-
50 314
-
pensions
1 548
-
6 134
-
other
-
-
-
-
health
528
-
2 094
-
unemployment
368
-
1 458
-
total
2 444
-
9 686
-
Corporate
45 945
60 000
-
-
income
11 945
15 600
-
-
total
11 945
15 600
-
-
Dividends
33 999
44 400
-
-
withholding
5 100
6 660
-
-
total
5 100
6 660
-
-
Income
60 000
60 000
60 000
60 000
Total tax
23 356
22 260
33 705
31 598
After tax
36 644
37 740
26 295
28 402
Living cost
7 744
7 744
7 744
7 744
Free-cash
28 900
29 996
18 551
20 658

Estimated living cost  is ₴7744 per week

₴4676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴673
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.
₴2216
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
₴20794
₴29060
₴18687
₴30132
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
-
-
-
60 000
surtax
-
-
-
2 537
unemployment
-
-
-
79
health
-
-
-
3 267
pensions
-
-
-
9 203
income
-
-
-
16 512
other
-
-
-
-
total
-
-
-
31 598
Employee
11 402
-
50 314
-
unemployment
794
-
3 203
-
other
-
-
-
-
income
1 911
-
14 449
-
surtax
37
-
2 125
-
pensions
760
-
3 069
-
health
291
-
1 173
-
total
3 793
-
24 019
-
Employer
11 402
-
50 314
-
pensions
1 520
-
6 134
-
other
-
-
-
-
health
519
-
2 094
-
unemployment
361
-
1 458
-
total
2 400
-
9 686
-
Corporate
46 198
60 000
-
-
income
12 011
15 600
-
-
total
12 011
15 600
-
-
Dividends
34 187
44 400
-
-
withholding
5 128
6 660
-
-
total
5 128
6 660
-
-
Income
60 000
60 000
60 000
60 000
Total tax
23 332
22 260
33 705
31 598
After tax
36 668
37 740
26 295
28 402
Living cost
7 608
7 608
7 608
7 608
Free-cash
29 060
30 132
18 687
20 794

Estimated living cost  is ₴7608 per week

₴4652
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
₴34720
₴27016
₴27937
₴26874
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
-
-
-
60 000
unemployment
-
-
-
900
health
-
-
-
4 200
pensions
-
-
-
6 000
income
-
-
-
7 335
total
-
-
-
18 435
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.

9 881
3 932
50 209
-
unemployment
148
59
753
-
income
1 208
481
6 138
-
pensions
988
393
5 021
-
health
692
275
3 515
-
total
3 036
1 208
15 427
-
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.

9 881
3 932
50 209
-
pensions
1 927
767
9 791
-
total
1 927
767
9 791
-
Corporate
48 192
55 301
-
-
income
4 337
4 977
-
-
total
4 337
4 977
-
-
Dividends
43 855
50 324
-
-
withholding
8 332
9 561
-
-
social contributions
8 507
9 768
-
-
total
16 839
19 329
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 139
26 281
25 218
18 435
After tax
33 861
33 719
34 782
41 565
Living cost
6 845
6 845
6 845
6 845
Free-cash
27 016
26 874
27 937
34 720

Estimated living cost  is ₴6845 per week

₴4671
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.
₴1477
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
₴18503
₴20464
₴18824
₴20741
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
-
-
-
60 000
national
-
-
-
10 366
pensions
-
-
-
7 200
social contributions
-
-
-
645
municipal
-
-
-
6 587
total
-
-
-
24 798
Employee
25 887
-
51 869
-
municipal
3 197
-
6 819
-
national
4 955
-
10 875
-
pensions
1 035
-
2 075
-
total
9 187
-
19 769
-
Employer
25 887
-
51 869
-
pensions
2 071
-
4 150
-
social contributions
278
-
558
-
total
2 349
-
4 708
-
Corporate
30 056
60 000
-
-
income

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

6 011
12 000
-
-
total
6 011
12 000
-
-
Dividends
24 044
48 000
-
-
withholding
5 290
10 560
-
-
total
5 290
10 560
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 837
22 560
24 477
24 798
After tax
37 163
37 440
35 523
35 202
Living cost
16 699
16 699
16 699
16 699
Free-cash
20 464
20 741
18 824
18 503

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
₴12066
₴23120
₴12066
₴22360
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
-
-
-
60 000
social contributions
-
-
-
9 993
income
-
-
-
18 301
total
-
-
-
28 294
Employee
26 970
-
60 000
-
social contributions
2 241
-
9 993
-
income
5 089
-
18 301
-
total
7 330
-
28 294
-
Employer
26 970
-
60 000
-
total
-
-
-
-
Corporate
33 030
60 000
-
-
income
4 129
7 500
-
-
total
4 129
7 500
-
-
Dividends
28 902
52 500
-
-
withholding
5 781
10 500
-
-
total
5 781
10 500
-
-
Income
60 000
60 000
60 000
60 000
Total tax
17 240
18 000
28 294
28 294
After tax
42 760
42 000
31 706
31 706
Living cost
19 640
19 640
19 640
19 640
Free-cash
23 120
22 360
12 066
12 066

Estimated living cost  is ₴19640 per week

₴14942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
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.
₴2910
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
₴14169
₴15663
₴11459
₴17463
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
-
-
-
60 000
national
-
-
-
14 786
regional
-
-
-
707
social contributions
-
-
-
15 432
municipal
-
-
-
357
total
-
-
-
31 282
Employee
30 642
-
60 000
-
municipal
162
-
318
-
national
5 310
-
12 818
-
social contributions
10 333
-
20 232
-
regional
289
-
624
-
total
16 094
-
33 992
-
Employer
30 642
-
60 000
-
total
-
-
-
-
Corporate
29 358
60 000
-
-
nationa
7 046
14 400
-
-
municipal
1 145
2 340
-
-
total
8 191
16 740
-
-
Dividends
21 167
43 260
-
-
withholding
5 503
11 248
-
-
total
5 503
11 248
-
-
Income
60 000
60 000
60 000
60 000
Total tax
29 788
27 988
33 992
31 282
After tax
30 212
32 012
26 008
28 718
Living cost
14 549
14 549
14 549
14 549
Free-cash
15 663
17 463
11 459
14 169

Estimated living cost  is ₴14549 per week

₴10141
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.
₴3230
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
₴19232
₴21484
₴16537
₴22250
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
-
-
-
60 000
national
-
-
-
14 786
regional
-
-
-
905
social contributions
-
-
-
15 432
municipal
-
-
-
357
total
-
-
-
31 480
Employee
19 126
-
60 000
-
municipal
101
-
318
-
national
3 030
-
12 818
-
social contributions
6 449
-
20 232
-
regional
257
-
807
-
total
9 837
-
34 175
-
Employer
19 126
-
60 000
-
total
-
-
-
-
Corporate
40 874
60 000
-
-
nationa
9 810
14 400
-
-
municipal
2 032
2 982
-
-