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
₴ 60500
per

Your estimated
City
free-cash

Andorra , Andorra
₴34114
₴42806
₴35721
₴43977
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
-
-
-
60 500
social contributions
-
-
-
13 310
income
-
-
-
2 603
total
-
-
-
15 913
Employee
11 201
-
52 381
-
social contributions
728
-
3 405
-
income
-
-
2 782
-
total
728
-
6 187
-
Employer
11 201
-
52 381
-
social contributions
1 736
-
8 119
-
total
1 736
-
8 119
-
Corporate
47 563
60 500
-
-
income
4 757
6 050
-
-
total
4 757
6 050
-
-
Dividends
42 806
54 450
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
7 221
6 050
14 306
15 913
After tax
53 279
54 450
46 194
44 587
Living cost
10 473
10 473
10 473
10 473
Free-cash
42 806
43 977
35 721
34 114

Estimated living cost  is ₴10473 per week

₴6772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴789
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.
₴2715
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
₴20001
₴22231
₴4952
₴22401
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
-
-
-
60 500
surtax
-
-
-
-
unemployment
-
-
-
2 137
health
-
-
-
3 114
chamber of commerce
-
-
-
242
pensions
-
-
-
7 530
income
-
-
-
16 360
total
-
-
-
29 383
Employee
15 230
13 885
48 236
-
unemployment
457
417
1 221
-
other
152
139
407
-
income
1 357
1 024
13 069
-
pensions
1 560
1 422
4 168
-
health
589
538
1 575
-
total
4 115
3 540
20 440
-
Employer
15 230
13 885
48 236
-
pensions
1 911
1 743
5 108
-
surtax
-
-
-
-
payroll
457
417
1 447
-
other
723
659
2 227
-
health
576
525
1 539
-
accident
198
181
529
-
unemployment
457
417
1 221
-
chamber of commerce
61
56
193
-
total
4 383
3 998
12 264
-
Corporate
40 887
42 619
46 913
-
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.

10 222
10 655
11 728
-
total
10 222
10 655
11 728
-
Dividends
30 665
31 964
-
-
withholding
8 433
8 790
-
-
total
8 433
8 790
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 153
26 983
44 432
29 383
After tax
33 347
33 517
16 068
31 117
Living cost
11 116
11 116
11 116
11 116
Free-cash
22 231
22 401
4 952
20 001

Estimated living cost  is ₴11116 per week

₴6668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴3114
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
₴18771
₴20668
₴3774
₴21202
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
-
-
-
60 500
surtax
-
-
-
69
unemployment
-
-
-
2 137
health
-
-
-
3 114
chamber of commerce
-
-
-
242
pensions
-
-
-
7 530
income
-
-
-
16 360
total
-
-
-
29 452
Employee
17 412
13 885
48 172
-
unemployment
522
417
1 221
-
other
174
139
407
-
income
1 982
1 024
13 039
-
pensions
1 783
1 422
4 168
-
health
674
538
1 575
-
total
5 135
3 540
20 410
-
Employer
17 412
13 885
48 172
-
pensions
2 185
1 743
5 108
-
surtax
69
69
69
-
payroll
522
417
1 445
-
other
827
659
2 224
-
health
658
525
1 539
-
accident
226
181
529
-
unemployment
522
417
1 221
-
chamber of commerce
69
56
192
-
total
5 078
4 067
12 327
-
Corporate
38 009
42 550
46 850
-
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.

9 502
10 638
11 712
-
total
9 502
10 638
11 712
-
Dividends
28 507
31 912
-
-
withholding
7 840
8 776
-
-
total
7 840
8 776
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 555
27 021
44 449
29 452
After tax
32 945
33 479
16 051
31 048
Living cost
12 277
12 277
12 277
12 277
Free-cash
20 668
21 202
3 774
18 771

Estimated living cost  is ₴12277 per week

₴8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1047
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.
₴2840
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
₴13519
₴15908
₴8647
₴21133
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
-
-
-
60 500
national
-
-
-
22 481
communal

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

-
-
-
3 109
social contributions
-
-
-
8 687
total
-
-
-
34 277
Employee

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

24 922
-
46 859
-
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.

217
-
408
-
national
7 662
-
16 941
-
communal

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

1 300
-
2 444
-
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.

1 869
-
3 514
-
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.

1 171
-
2 202
-
total
12 219
-
25 509
-
Employer

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

24 922
-
46 859
-
surtax
2 826
-
5 313
-
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.

2 208
-
4 152
-
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.

1 533
-
2 881
-
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.

324
-
610
-
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.

364
-
684
-
total
7 255
-
13 640
-
Corporate
28 323
60 500
-
-
income
5 664
12 100
-
-
surtax
113
242
-
-
total
5 777
12 342
-
-
Dividends
22 546
48 158
-
-
withholding

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

6 637
14 321
-
-
total
6 637
14 321
-
-
Income
60 500
60 500
60 500
60 500
Total tax
31 888
26 663
39 149
34 277
After tax
28 612
33 837
21 351
26 223
Living cost
12 704
12 704
12 704
12 704
Free-cash
15 908
21 133
8 647
13 519

Estimated living cost  is ₴12704 per week

₴8183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴3211
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
₴42180
₴43609
₴44543
₴45732
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
-
-
-
60 500
unemployment
-
-
-
49
health
-
-
-
1 400
pensions

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

-
-
-
1 801
income
-
-
-
9 075
total
-
-
-
12 325
Employee
7 938
-
58 112
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
794
-
5 811
-
pensions

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

697
-
1 069
-
health
365
-
560
-
total
1 943
-
7 574
-
Employer
7 938
-
58 112
-
pensions

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

875
-
1 341
-
health
548
-
840
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 558
-
2 388
-
Corporate
51 005
60 500
-
-
income
5 100
6 050
-
-
total
5 100
6 050
-
-
Dividends
45 904
54 450
-
-
withholding
2 295
2 723
-
-
total
2 295
2 723
-
-
Income
60 500
60 500
60 500
60 500
Total tax
10 896
8 773
9 962
12 325
After tax
49 604
51 727
50 538
48 175
Living cost
5 995
5 995
5 995
5 995
Free-cash
43 609
45 732
44 543
42 180

Estimated living cost  is ₴5995 per week

₴3965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1544
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
₴43606
₴45539
₴45969
₴47158
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
-
-
-
60 500
unemployment
-
-
-
49
health
-
-
-
1 400
pensions

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

-
-
-
1 801
income
-
-
-
9 075
total
-
-
-
12 325
Employee
6 050
-
58 112
-
accident

We are using the highest rate at 1.1%.

67
-
134
-
income
605
-
5 811
-
pensions

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

531
-
1 069
-
health
278
-
560
-
total
1 481
-
7 574
-
Employer
6 050
-
58 112
-
pensions

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

667
-
1 341
-
health
418
-
840
-
accident

We are using the highest rate at 1.1%.

67
-
134
-
unemployment
36
-
73
-
total
1 188
-
2 388
-
Corporate
53 263
60 500
-
-
income
5 326
6 050
-
-
total
5 326
6 050
-
-
Dividends
47 937
54 450
-
-
withholding
2 397
2 723
-
-
total
2 397
2 723
-
-
Income
60 500
60 500
60 500
60 500
Total tax
10 392
8 773
9 962
12 325
After tax
50 108
51 727
50 538
48 175
Living cost
4 569
4 569
4 569
4 569
Free-cash
45 539
47 158
45 969
43 606

Estimated living cost  is ₴4569 per week

₴2667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1454
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
₴33329
₴34175
₴32793
₴36069
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
-
-
-
60 500
health
-
-
-
1 543
social contributions
-
-
-
5 637
income
-
-
-
11 924
total
-
-
-
19 104
Employee
26 791
26 791
56 456
-
income
2 917
2 480
11 637
-
social contributions
1 013
2 224
2 999
-
health
208
456
960
-
total
4 138
5 160
15 596
-
Employer
26 791
26 791
56 456
-
social contributions
1 013
2 224
2 999
-
health
225
496
1 045
-
total
1 238
2 720
4 044
-
Corporate
47 057
30 989
-
-
income
5 882
3 874
-
-
total
5 882
3 874
-
-
Dividends
41 175
27 115
-
-
withholding
7 000
4 610
-
-
total
7 000
4 610
-
-
Income
60 500
60 500
60 500
60 500
Total tax
18 258
16 364
19 640
19 104
After tax
42 242
44 136
40 860
41 396
Living cost
8 067
8 067
8 067
8 067
Free-cash
34 175
36 069
32 793
33 329

Estimated living cost  is ₴8067 per week

₴4835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴2263
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
₴30095
₴31393
₴29559
₴32835
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
-
-
-
60 500
health
-
-
-
1 543
social contributions
-
-
-
5 637
income
-
-
-
11 924
total
-
-
-
19 104
Employee
26 791
26 791
56 456
-
income
2 813
2 480
11 637
-
social contributions
1 302
2 224
2 999
-
health
266
456
960
-
total
4 381
5 160
15 596
-
Employer
26 791
26 791
56 456
-
social contributions
1 302
2 224
2 999
-
health
290
496
1 045
-
total
1 592
2 720
4 044
-
Corporate
43 225
30 989
-
-
income
5 403
3 874
-
-
total
5 403
3 874
-
-
Dividends
37 822
27 115
-
-
withholding
6 430
4 610
-
-
total
6 430
4 610
-
-
Income
60 500
60 500
60 500
60 500
Total tax
17 806
16 364
19 640
19 104
After tax
42 694
44 136
40 860
41 396
Living cost
11 301
11 301
11 301
11 301
Free-cash
31 393
32 835
29 559
30 095

Estimated living cost  is ₴11301 per week

₴7725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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
Brno , Czech Republic
₴26475
₴30706
₴23835
₴33583
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
-
-
-
60 500
health
-
-
-
8 167
social contributions
-
-
-
11 613
income
-
-
-
6 108
solidarity contribution
-
-
-
66
total
-
-
-
25 954
Employee
11 869
-
46 383
-
income
1 424
-
5 630
-
social contributions
771
-
2 585
-
health
1 602
-
6 262
-
solidarity contribution
-
-
-
-
total
3 797
-
14 477
-
Employer
11 869
-
46 383
-
social contributions
2 967
-
9 943
-
health
1 068
-
4 174
-
total
4 035
-
14 117
-
Corporate
44 596
60 500
-
-
income
8 473
11 495
-
-
total
8 473
11 495
-
-
Dividends
36 123
49 005
-
-
withholding
5 418
7 351
-
-
total
5 418
7 351
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 723
18 846
28 594
25 954
After tax
38 777
41 654
31 906
34 546
Living cost
8 071
8 071
8 071
8 071
Free-cash
30 706
33 583
23 835
26 475

Estimated living cost  is ₴8071 per week

₴5606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
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.
₴1732
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
₴24601
₴28162
₴21961
₴31709
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
-
-
-
60 500
health
-
-
-
8 167
social contributions
-
-
-
11 613
income
-
-
-
6 108
solidarity contribution
-
-
-
66
total
-
-
-
25 954
Employee
14 625
-
46 383
-
income
1 755
-
5 630
-
social contributions
951
-
2 585
-
health
1 974
-
6 262
-
solidarity contribution
-
-
-
-
total
4 680
-
14 477
-
Employer
14 625
-
46 383
-
social contributions
3 656
-
9 943
-
health
1 316
-
4 174
-
total
4 972
-
14 117
-
Corporate
40 902
60 500
-
-
income
7 771
11 495
-
-
total
7 771
11 495
-
-
Dividends
33 131
49 005
-
-
withholding
4 970
7 351
-
-
total
4 970
7 351
-
-
Income
60 500
60 500
60 500
60 500
Total tax
22 393
18 846
28 594
25 954
After tax
38 107
41 654
31 906
34 546
Living cost
9 945
9 945
9 945
9 945
Free-cash
28 162
31 709
21 961
24 601

Estimated living cost  is ₴9945 per week

₴7396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴551
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.
₴1826
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
₴18913
-₴15636
-₴15636
-₴15636
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
-
-
-
60 500
national
-
-
-
7 068
pensions
-
-
-
303
municipal
-
-
-
12 571
labour market
-
-
-
4 816
total
-
-
-
24 758
Employee
71 032
71 032
71 032
-
municipal
15 126
15 126
15 126
-
national
8 678
8 678
8 678
-
pensions
101
101
101
-
labour market
5 674
5 674
5 674
-
total
29 579
29 579
29 579
-
Employer
71 032
71 032
71 032
-
pensions
202
202
202
-
labour market
5 683
5 683
5 683
-
municipal
15 150
15 150
15 150
-
national
8 693
8 693
8 693
-
total
29 728
29 728
29 728
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
59 307
59 307
59 307
24 758
After tax
1 193
1 193
1 193
35 742
Living cost
16 829
16 829
16 829
16 829
Free-cash
-15 636
-15 636
-15 636
18 913

Estimated living cost  is ₴16829 per week

₴11518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
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
₴24013
₴37820
₴26457
₴39985
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
-
-
-
60 500
health
-
-
-
7 865
pensions
-
-
-
12 100
income
-
-
-
8 107
total
-
-
-
28 072
Employee
9 884
-
45 216
-
unemployment
158
-
723
-
income
1 113
-
8 718
-
pensions
198
-
904
-
total
1 469
-
10 345
-
Employer
9 884
-
45 216
-
pensions
1 977
-
9 043
-
health
1 285
-
5 878
-
unemployment
79
-
362
-
total
3 341
-
15 283
-
Corporate
47 275
60 500
-
-
income
9 455
12 100
-
-
total
9 455
12 100
-
-
Dividends
37 820
48 400
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
14 265
12 100
25 628
28 072
After tax
46 235
48 400
34 872
32 428
Living cost
8 415
8 415
8 415
8 415
Free-cash
37 820
39 985
26 457
24 013

Estimated living cost  is ₴8415 per week

₴5772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
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.
₴1973
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
₴25772
₴25442
₴18415
₴24588
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

-
-
-
60 500
national
-
-
-
9 817
health
-
-
-
786
municipal
-
-
-
10 748
total
-
-
-
21 351
Employee
18 331
-
50 896
-
unemployment
275
-
764
-
municipal
3 002
-
8 291
-
national
303
-
5 975
-
pensions
1 237
-
3 435
-
health
137
-
639
-
total
4 954
-
19 104
-
Employer
18 331
-
50 896
-
pensions
3 180
-
8 830
-
health
141
-
392
-
accident
19
-
51
-
unemployment
119
-
331
-
total
3 459
-
9 604
-
Corporate
38 711
60 500
-
-
income
7 742
12 100
-
-
total
7 742
12 100
-
-
Dividends

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

23 226
36 300
-
-
municipal
4 181
6 534
-
-
national
1 345
3 901
-
-
total
5 526
10 435
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 681
22 535
28 708
21 351
After tax
38 819
37 965
31 792
39 149
Living cost
13 377
13 377
13 377
13 377
Free-cash
25 442
24 588
18 415
25 772

Estimated living cost  is ₴13377 per week

₴8738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3140
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
₴23368
₴21687
₴22599
₴19753
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
-
-
-
60 500
surtax
-
-
-
-
health
-
-
-
2 531
pensions
-
-
-
10 871
social contributions
-
-
-
1 724
income
-
-
-
9 391
other
-
-
-
1 876
total
-
-
-
26 393
Employee
13 311
-
46 929
-
income
686
-
9 033
-
surtax
-
-
-
-
social contributions
380
-
1 338
-
pensions
1 506
-
3 219
-
total
2 572
-
13 590
-
Employer
13 311
-
46 929
-
pensions
2 187
-
5 428
-
social contributions
40
-
141
-
other
460
-
1 812
-
health
932
-
4 290
-
unemployment
539
-
1 901
-
total
4 158
-
13 572
-
Corporate
43 032
60 500
-
-
income
12 049
16 940
-
-
surtax
-
-
-
-
total
12 049
16 940
-
-
Dividends
30 983
43 560
-
-
withholding
3 966
5 576
-
-
social contributions
5 329
7 492
-
-
surtax
-
-
-
-
total
9 295
13 068
-
-
Income
60 500
60 500
60 500
60 500
Total tax
28 074
30 008
27 162
26 393
After tax
32 426
30 492
33 338
34 107
Living cost
10 739
10 739
10 739
10 739
Free-cash
21 687
19 753
22 599
23 368

Estimated living cost  is ₴10739 per week

₴6228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3217
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
₴22187
₴20630
₴21418
₴18572
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
-
-
-
60 500
surtax
-
-
-
-
health
-
-
-
2 531
pensions
-
-
-
10 871
social contributions
-
-
-
1 724
income
-
-
-
9 391
other
-
-
-
1 876
total
-
-
-
26 393
Employee
14 912
-
46 929
-
income
880
-
9 033
-
surtax
-
-
-
-
social contributions
425
-
1 338
-
pensions
1 686
-
3 219
-
total
2 991
-
13 590
-
Employer
14 912
-
46 929
-
pensions
2 450
-
5 428
-
social contributions
45
-
141
-
other
514
-
1 812
-
health
1 044
-
4 290
-
unemployment
604
-
1 901
-
total
4 657
-
13 572
-
Corporate
40 932
60 500
-
-
income
11 461
16 940
-
-
surtax
-
-
-
-
total
11 461
16 940
-
-
Dividends
29 471
43 560
-
-
withholding
3 772
5 576
-
-
social contributions
5 069
7 492
-
-
surtax
-
-
-
-
total
8 841
13 068
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 950
30 008
27 162
26 393
After tax
32 550
30 492
33 338
34 107
Living cost
11 920
11 920
11 920
11 920
Free-cash
20 630
18 572
21 418
22 187

Estimated living cost  is ₴11920 per week

₴7516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
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.
₴3233
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
₴17279
₴16061
₴16510
₴13664
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
-
-
-
60 500
surtax
-
-
-
-
health
-
-
-
2 531
pensions
-
-
-
10 871
social contributions
-
-
-
1 724
income
-
-
-
9 391
other
-
-
-
1 876
total
-
-
-
26 393
Employee
21 822
-
46 929
-
income
1 904
-
9 033
-
surtax
-
-
-
-
social contributions
622
-
1 338
-
pensions
2 468
-
3 219
-
total
4 994
-
13 590
-
Employer
21 822
-
46 929
-
pensions
3 586
-
5 428
-
social contributions
65
-
141
-
other
753
-
1 812
-
health
1 527
-
4 290
-
unemployment
884
-
1 901
-
total
6 815
-
13 572
-
Corporate
31 863
60 500
-
-
income
8 921
16 940
-
-
surtax
-
-
-
-
total
8 921
16 940
-
-
Dividends
22 941
43 560
-
-
withholding
2 936
5 576
-
-
social contributions
3 945
7 492
-
-
surtax
-
-
-
-
total
6 881
13 068
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 611
30 008
27 162
26 393
After tax
32 889
30 492
33 338
34 107
Living cost
16 828
16 828
16 828
16 828
Free-cash
16 061
13 664
16 510
17 279

Estimated living cost  is ₴16828 per week

₴11389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3832
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
₴57655
₴54815
₴46160
₴55235
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%.

-
-
-
60 500
microenterprise

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

-
-
-
605
total
-
-
-
605
Employee
2 799
-
60 500
-
income
560
-
12 100
-
total
560
-
12 100
-
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%.

57 701
60 500
-
-
total
-
-
-
-
Dividends
57 701
60 500
-
-
withholding
2 885
3 025
-
-
total
2 885
3 025
-
-
Income
60 500
60 500
60 500
60 500
Total tax
3 445
3 025
12 100
605
After tax
57 055
57 475
48 400
59 895
Living cost
2 240
2 240
2 240
2 240
Free-cash
54 815
55 235
46 160
57 655

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
₴56405
₴53330
₴44910
₴53985
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%.

-
-
-
60 500
microenterprise

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

-
-
-
605
total
-
-
-
605
Employee
4 362
-
60 500
-
income
873
-
12 100
-
total
873
-
12 100
-
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%.

56 138
60 500
-
-
total
-
-
-
-
Dividends
56 138
60 500
-
-
withholding
2 807
3 025
-
-
total
2 807
3 025
-
-
Income
60 500
60 500
60 500
60 500
Total tax
3 680
3 025
12 100
605
After tax
56 820
57 475
48 400
59 895
Living cost
3 490
3 490
3 490
3 490
Free-cash
53 330
53 985
44 910
56 405

Estimated living cost  is ₴3490 per week

₴2362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
₴18684
₴22245
₴25041
₴17687
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.

-
-
-
60 500
surtax

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

-
-
-
1 024
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.

-
-
-
2 380
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.

-
-
-
18 604
trade
-
-
-
6 357
total
-
-
-
28 365
Employee

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

17 336
-
60 500
-
income

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

1 426
-
18 604
-
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.

79
-
1 024
-
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.

2 380
-
2 380
-
total
3 885
-
22 008
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 164
60 500
-
-
trade
6 194
8 682
-
-
income
6 475
9 075
-
-
chamber of commerce
116
141
-
-
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.

356
499
-
-
total
13 141
18 397
-
-
Dividends
30 023
42 103
-
-
withholding
7 373
10 393
-
-
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.

405
572
-
-
total
7 778
10 965
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 804
29 362
22 008
28 365
After tax
35 696
31 138
38 492
32 135
Living cost
13 451
13 451
13 451
13 451
Free-cash
22 245
17 687
25 041
18 684

Estimated living cost  is ₴13451 per week

₴9279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1447
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.
₴2530
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
₴20962
₴23817
₴27939
₴19962
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.

-
-
-
60 500
surtax

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

-
-
-
1 024
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.

-
-
-
2 380
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.

-
-
-
18 604
trade
-
-
-
6 977
total
-
-
-
28 985
Employee

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

13 326
-
60 500
-
income

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

372
-
18 604
-
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
-
1 024
-
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.

2 380
-
2 380
-
total
2 772
-
22 008
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 174
60 500
-
-
trade
7 430
9 529
-
-
income
7 076
9 075
-
-
chamber of commerce
121
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.

389
499
-
-
total
15 016
19 243
-
-
Dividends
32 158
41 258
-
-
withholding
7 907
10 182
-
-
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.

435
560
-
-
total
8 342
10 742
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 130
29 985
22 008
28 985
After tax
34 370
30 515
38 492
31 515
Living cost
10 553
10 553
10 553
10 553
Free-cash
23 817
19 962
27 939
20 962

Estimated living cost  is ₴10553 per week

₴6638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
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.
₴2487
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
₴17517
₴21413
₴24805
₴16518
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.

-
-
-
60 500
surtax

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

-
-
-
1 024
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.

-
-
-
2 380
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.

-
-
-
18 604
trade
-
-
-
7 288
total
-
-
-
29 296
Employee

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

17 669
-
60 500
-
income

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

1 518
-
18 604
-
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.

83
-
1 024
-
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.

2 380
-
2 380
-
total
3 981
-
22 008
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 831
60 500
-
-
trade
7 046
9 952
-
-
income
6 425
9 075
-
-
chamber of commerce
114
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.

353
499
-
-
total
13 938
19 665
-
-
Dividends
28 894
40 835
-
-
withholding
7 091
10 076
-
-
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.

390
554
-
-
total
7 481
10 630
-
-
Income
60 500
60 500
60 500
60 500
Total tax
25 400
30 295
22 008
29 296
After tax
35 100
30 205
38 492
31 204
Living cost
13 687
13 687
13 687
13 687
Free-cash
21 413
16 518
24 805
17 517

Estimated living cost  is ₴13687 per week

₴9154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2885
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
₴14933
₴19582
₴22531
₴13932
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.

-
-
-
60 500
surtax

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

-
-
-
1 024
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.

-
-
-
2 380
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.

-
-
-
18 604
trade
-
-
-
7 598
total
-
-
-
29 606
Employee

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

20 939
-
60 500
-
income

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

2 462
-
18 604
-
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.

136
-
1 024
-
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.

2 380
-
2 380
-
total
4 978
-
22 008
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 561
60 500
-
-
trade
6 784
10 376
-
-
income
5 934
9 075
-
-
chamber of commerce
108
138
-
-
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.

327
499
-
-
total
13 153
20 088
-
-
Dividends
26 407
40 412
-
-
withholding
6 470
9 971
-
-
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.

356
548
-
-
total
6 826
10 519
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 957
30 607
22 008
29 606
After tax
35 543
29 893
38 492
30 894
Living cost
15 961
15 961
15 961
15 961
Free-cash
19 582
13 932
22 531
14 933

Estimated living cost  is ₴15961 per week

₴11657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2820
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
₴20816
₴29119
₴18684
₴30228
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
-
-
-
60 500
surtax
-
-
-
2 552
unemployment
-
-
-
79
health
-
-
-
3 301
pensions
-
-
-
9 300
income
-
-
-
16 626
other
-
-
-
-
total
-
-
-
31 858
Employee
11 733
-
50 712
-
unemployment
817
-
3 236
-
other
-
-
-
-
income
1 967
-
14 542
-
surtax
42
-
2 136
-
pensions
783
-
3 102
-
health
300
-
1 185
-
total
3 909
-
24 201
-
Employer
11 733
-
50 712
-
pensions
1 564
-
6 199
-
other
-
-
-
-
health
534
-
2 116
-
unemployment
372
-
1 474
-
total
2 470
-
9 789
-
Corporate
46 296
60 500
-
-
income
12 037
15 730
-
-
total
12 037
15 730
-
-
Dividends
34 260
44 770
-
-
withholding
5 139
6 716
-
-
total
5 139
6 716
-
-
Income
60 500
60 500
60 500
60 500
Total tax
23 555
22 446
33 990
31 858
After tax
36 945
38 054
26 510
28 642
Living cost
7 826
7 826
7 826
7 826
Free-cash
29 119
30 228
18 684
20 816

Estimated living cost  is ₴7826 per week

₴4725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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
Thessaloniki , Greece
₴20954
₴29283
₴18822
₴30366
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
-
-
-
60 500
surtax
-
-
-
2 552
unemployment
-
-
-
79
health
-
-
-
3 301
pensions
-
-
-
9 300
income
-
-
-
16 626
other
-
-
-
-
total
-
-
-
31 858
Employee
11 522
-
50 712
-
unemployment
802
-
3 236
-
other
-
-
-
-
income
1 931
-
14 542
-
surtax
38
-
2 136
-
pensions
768
-
3 102
-
health
294
-
1 185
-
total
3 833
-
24 201
-
Employer
11 522
-
50 712
-
pensions
1 536
-
6 199
-
other
-
-
-
-
health
524
-
2 116
-
unemployment
365
-
1 474
-
total
2 425
-
9 789
-
Corporate
46 553
60 500
-
-
income
12 104
15 730
-
-
total
12 104
15 730
-
-
Dividends
34 449
44 770
-
-
withholding
5 167
6 716
-
-
total
5 167
6 716
-
-
Income
60 500
60 500
60 500
60 500
Total tax
23 529
22 446
33 990
31 858
After tax
36 971
38 054
26 510
28 642
Living cost
7 688
7 688
7 688
7 688
Free-cash
29 283
30 366
18 822
20 954

Estimated living cost  is ₴7688 per week

₴4701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴709
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.
₴2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴34935
₴27169
₴28097
₴27024
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
-
-
-
60 500
unemployment
-
-
-
908
health
-
-
-
4 235
pensions
-
-
-
6 050
income
-
-
-
7 396
total
-
-
-
18 589
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.

10 070
4 008
50 628
-
unemployment
151
60
759
-
income
1 231
490
6 189
-
pensions
1 007
401
5 063
-
health
705
281
3 544
-
total
3 094
1 232
15 555
-
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.

10 070
4 008
50 628
-
pensions
1 964
782
9 872
-
total
1 964
782
9 872
-
Corporate
48 466
55 711
-
-
income
4 362
5 014
-
-
total
4 362
5 014
-
-
Dividends
44 104
50 697
-
-
withholding
8 380
9 632
-
-
social contributions
8 555
9 840
-
-
total
16 935
19 472
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 355
26 500
25 427
18 589
After tax
34 145
34 000
35 073
41 911
Living cost
6 976
6 976
6 976
6 976
Free-cash
27 169
27 024
28 097
34 935

Estimated living cost  is ₴6976 per week

₴4761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1505
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
₴18649
₴20621
₴18974
₴20902
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
-
-
-
60 500
national
-
-
-
10 449
pensions
-
-
-
7 260
social contributions
-
-
-
650
municipal
-
-
-
6 642
total
-
-
-
25 001
Employee
26 121
-
52 302
-
municipal
3 226
-
6 876
-
national
5 000
-
10 962
-
pensions
1 045
-
2 092
-
total
9 271
-
19 930
-
Employer
26 121
-
52 302
-
pensions
2 090
-
4 184
-
social contributions
281
-
562
-
total
2 371
-
4 746
-
Corporate
30 284
60 500
-
-
income

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

6 057
12 100
-
-
total
6 057
12 100
-
-
Dividends
24 227
48 400
-
-
withholding
5 330
10 648
-
-
total
5 330
10 648
-
-
Income
60 500
60 500
60 500
60 500
Total tax
23 029
22 748
24 676
25 001
After tax
37 471
37 752
35 824
35 499
Living cost
16 850
16 850
16 850
16 850
Free-cash
20 621
20 902
18 974
18 649

Estimated living cost  is ₴16850 per week

₴11453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3579
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
₴12139
₴23272
₴12139
₴22502
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
-
-
-
60 500
social contributions
-
-
-
10 073
income
-
-
-
18 441
total
-
-
-
28 514
Employee
27 254
-
60 500
-
social contributions
2 264
-
10 073
-
income
5 143
-
18 441
-
total
7 407
-
28 514
-
Employer
27 254
-
60 500
-
total
-
-
-
-
Corporate
33 246
60 500
-
-
income
4 156
7 563
-
-
total
4 156
7 563
-
-
Dividends
29 091
52 937
-
-
withholding
5 818
10 588
-
-
total
5 818
10 588
-
-
Income
60 500
60 500
60 500
60 500
Total tax
17 381
18 151
28 514
28 514
After tax
43 119
42 349
31 986
31 986
Living cost
19 847
19 847
19 847
19 847
Free-cash
23 272
22 502
12 139
12 139

Estimated living cost  is ₴19847 per week

₴15099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2941
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
₴14263
₴15758
₴11529
₴17577
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
-
-
-
60 500
national
-
-
-
14 901
regional
-
-
-
713
social contributions
-
-
-
15 561
municipal
-
-
-
360
total
-
-
-
31 535
Employee
30 965
-
60 500
-
municipal
164
-
321
-
national
5 365
-
12 917
-
social contributions
10 441
-
20 401
-
regional
292
-
630
-
total
16 262
-
34 269
-
Employer
30 965
-
60 500
-
total
-
-
-
-
Corporate
29 535
60 500
-
-
nationa
7 089
14 520
-
-
municipal
1 152
2 360
-
-
total
8 241
16 880
-
-
Dividends
21 295
43 620
-
-
withholding
5 537
11 341
-
-
total
5 537
11 341
-
-
Income
60 500
60 500
60 500
60 500
Total tax
30 040
28 221
34 269
31 535
After tax
30 460
32 279
26 231
28 965
Living cost
14 702
14 702
14 702
14 702
Free-cash
15 758
17 577
11 529
14 263

Estimated living cost  is ₴14702 per week

₴10248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴3264
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
₴19380
₴21642
₴16661
₴22414
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
-
-
-
60 500
national
-
-
-
14 901
regional
-
-
-
912
social contributions
-
-
-
15 561
municipal
-
-
-
360
total
-
-
-
31 734
Employee
19 327
-
60 500
-
municipal
102
-
321
-
national
3 062
-
12 917
-
social contributions
6 517
-
20 401
-
regional
260
-
814
-
total
9 941
-
34 453
-
Employer
19 327
-
60 500
-
total
-
-
-
-
Corporate
41 173
60 500
-
-
nationa
9 881
14 520
-
-
municipal
2 046
3 007
-
-