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
₴ 61000
per

Your estimated
City
free-cash

Andorra , Andorra
₴34483
₴43281
₴36103
₴44449
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
-
-
-
61 000
social contributions
-
-
-
13 420
income
-
-
-
2 646
total
-
-
-
16 066
Employee
11 178
-
52 814
-
social contributions
726
-
3 433
-
income
-
-
2 827
-
total
726
-
6 260
-
Employer
11 178
-
52 814
-
social contributions
1 733
-
8 186
-
total
1 733
-
8 186
-
Corporate
48 090
61 000
-
-
income
4 809
6 100
-
-
total
4 809
6 100
-
-
Dividends
43 281
54 900
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
7 268
6 100
14 446
16 066
After tax
53 732
54 900
46 554
44 934
Living cost
10 451
10 451
10 451
10 451
Free-cash
43 281
44 449
36 103
34 483

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2709
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
₴20285
₴22527
₴5098
₴22698
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
-
-
-
61 000
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
244
pensions
-
-
-
7 514
income
-
-
-
16 626
total
-
-
-
29 623
Employee
15 198
13 856
48 719
-
unemployment
456
416
1 219
-
other
152
139
406
-
income
1 354
1 022
13 323
-
pensions
1 556
1 419
4 159
-
health
588
536
1 572
-
total
4 106
3 532
20 679
-
Employer
15 198
13 856
48 719
-
pensions
1 907
1 739
5 098
-
surtax
-
-
-
-
payroll
456
416
1 461
-
other
722
658
2 245
-
health
575
524
1 535
-
accident
197
180
528
-
unemployment
456
416
1 219
-
chamber of commerce
61
55
195
-
total
4 374
3 988
12 281
-
Corporate
41 428
43 157
47 400
-
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.

10 357
10 789
11 850
-
total
10 357
10 789
11 850
-
Dividends
31 071
32 368
-
-
withholding
8 544
8 901
-
-
total
8 544
8 901
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 381
27 210
44 810
29 623
After tax
33 619
33 790
16 190
31 377
Living cost
11 092
11 092
11 092
11 092
Free-cash
22 527
22 698
5 098
20 285

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
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.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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
₴19057
₴20966
₴3921
₴21501
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
-
-
-
61 000
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
244
pensions
-
-
-
7 514
income
-
-
-
16 626
total
-
-
-
29 692
Employee
17 376
13 856
48 655
-
unemployment
521
416
1 219
-
other
174
139
406
-
income
1 978
1 022
13 292
-
pensions
1 779
1 419
4 159
-
health
672
536
1 572
-
total
5 124
3 532
20 648
-
Employer
17 376
13 856
48 655
-
pensions
2 181
1 739
5 098
-
surtax
69
69
69
-
payroll
521
416
1 459
-
other
825
658
2 243
-
health
656
524
1 535
-
accident
226
180
528
-
unemployment
521
416
1 219
-
chamber of commerce
69
55
195
-
total
5 068
4 057
12 346
-
Corporate
38 556
43 088
47 336
-
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.

9 639
10 772
11 834
-
total
9 639
10 772
11 834
-
Dividends
28 917
32 316
-
-
withholding
7 952
8 887
-
-
total
7 952
8 887
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 783
27 248
44 828
29 692
After tax
33 217
33 752
16 172
31 308
Living cost
12 251
12 251
12 251
12 251
Free-cash
20 966
21 501
3 921
19 057

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
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
₴13767
₴16227
₴8813
₴21439
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
-
-
-
61 000
national
-
-
-
22 748
communal

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

-
-
-
3 140
social contributions
-
-
-
8 668
total
-
-
-
34 556
Employee

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

24 870
-
47 247
-
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.

216
-
411
-
national
7 646
-
17 118
-
communal

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

1 297
-
2 464
-
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.

1 865
-
3 544
-
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.

1 168
-
2 220
-
total
12 192
-
25 757
-
Employer

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

24 870
-
47 247
-
surtax
2 820
-
5 358
-
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.

2 204
-
4 186
-
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.

1 529
-
2 906
-
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.

323
-
614
-
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.

363
-
689
-
total
7 239
-
13 753
-
Corporate
28 891
61 000
-
-
income
5 778
12 200
-
-
surtax
115
244
-
-
total
5 893
12 444
-
-
Dividends
22 997
48 556
-
-
withholding

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

6 772
14 440
-
-
total
6 772
14 440
-
-
Income
61 000
61 000
61 000
61 000
Total tax
32 096
26 884
39 510
34 556
After tax
28 904
34 116
21 490
26 444
Living cost
12 677
12 677
12 677
12 677
Free-cash
16 227
21 439
8 813
13 767

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
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.
₴3205
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
₴42624
₴44054
₴45013
₴46173
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
-
-
-
61 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
9 150
total
-
-
-
12 394
Employee
7 921
-
58 617
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
5 862
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
7 622
-
Employer
7 921
-
58 617
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
51 525
61 000
-
-
income
5 152
6 100
-
-
total
5 152
6 100
-
-
Dividends
46 373
54 900
-
-
withholding
2 319
2 745
-
-
total
2 319
2 745
-
-
Income
61 000
61 000
61 000
61 000
Total tax
10 964
8 845
10 005
12 394
After tax
50 036
52 155
50 995
48 606
Living cost
5 982
5 982
5 982
5 982
Free-cash
44 054
46 173
45 013
42 624

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
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.
₴1541
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
₴44047
₴45981
₴46436
₴47596
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
-
-
-
61 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
9 150
total
-
-
-
12 394
Employee
6 037
-
58 617
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
5 862
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
7 622
-
Employer
6 037
-
58 617
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
53 778
61 000
-
-
income
5 378
6 100
-
-
total
5 378
6 100
-
-
Dividends
48 401
54 900
-
-
withholding
2 420
2 745
-
-
total
2 420
2 745
-
-
Income
61 000
61 000
61 000
61 000
Total tax
10 460
8 845
10 005
12 394
After tax
50 540
52 155
50 995
48 606
Living cost
4 559
4 559
4 559
4 559
Free-cash
45 981
47 596
46 436
44 047

Estimated living cost  is ₴4559 per week

₴2662
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.
₴1451
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
₴33656
₴34559
₴33118
₴36450
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
-
-
-
61 000
health
-
-
-
1 556
social contributions
-
-
-
5 625
income
-
-
-
12 113
total
-
-
-
19 294
Employee
26 735
26 735
56 953
-
income
2 911
2 475
11 824
-
social contributions
1 011
2 219
2 993
-
health
207
455
968
-
total
4 129
5 149
15 785
-
Employer
26 735
26 735
56 953
-
social contributions
1 011
2 219
2 993
-
health
225
495
1 054
-
total
1 236
2 714
4 047
-
Corporate
47 585
31 551
-
-
income
5 948
3 944
-
-
total
5 948
3 944
-
-
Dividends
41 637
27 608
-
-
withholding
7 078
4 693
-
-
total
7 078
4 693
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 391
16 500
19 832
19 294
After tax
42 609
44 500
41 168
41 706
Living cost
8 050
8 050
8 050
8 050
Free-cash
34 559
36 450
33 118
33 656

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴30429
₴31782
₴29891
₴33223
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
-
-
-
61 000
health
-
-
-
1 556
social contributions
-
-
-
5 625
income
-
-
-
12 113
total
-
-
-
19 294
Employee
26 735
26 735
56 953
-
income
2 807
2 475
11 824
-
social contributions
1 299
2 219
2 993
-
health
266
455
968
-
total
4 372
5 149
15 785
-
Employer
26 735
26 735
56 953
-
social contributions
1 299
2 219
2 993
-
health
290
495
1 054
-
total
1 589
2 714
4 047
-
Corporate
43 762
31 551
-
-
income
5 470
3 944
-
-
total
5 470
3 944
-
-
Dividends
38 291
27 608
-
-
withholding
6 510
4 693
-
-
total
6 510
4 693
-
-
Income
61 000
61 000
61 000
61 000
Total tax
17 941
16 500
19 832
19 294
After tax
43 059
44 500
41 168
41 706
Living cost
11 277
11 277
11 277
11 277
Free-cash
31 782
33 223
29 891
30 429

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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
₴26864
₴31090
₴24233
₴33957
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
-
-
-
61 000
health
-
-
-
8 235
social contributions
-
-
-
11 571
income
-
-
-
6 179
solidarity contribution
-
-
-
110
total
-
-
-
26 095
Employee
11 826
-
46 874
-
income
1 419
-
5 696
-
social contributions
769
-
2 576
-
health
1 596
-
6 328
-
solidarity contribution
-
-
-
-
total
3 784
-
14 600
-
Employer
11 826
-
46 874
-
social contributions
2 956
-
9 907
-
health
1 064
-
4 219
-
total
4 020
-
14 126
-
Corporate
45 154
61 000
-
-
income
8 579
11 590
-
-
total
8 579
11 590
-
-
Dividends
36 574
49 410
-
-
withholding
5 486
7 412
-
-
total
5 486
7 412
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 869
19 002
28 726
26 095
After tax
39 131
41 998
32 274
34 905
Living cost
8 041
8 041
8 041
8 041
Free-cash
31 090
33 957
24 233
26 864

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1726
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
₴24996
₴28555
₴22365
₴32089
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
-
-
-
61 000
health
-
-
-
8 235
social contributions
-
-
-
11 571
income
-
-
-
6 179
solidarity contribution
-
-
-
110
total
-
-
-
26 095
Employee
14 572
-
46 874
-
income
1 749
-
5 696
-
social contributions
947
-
2 576
-
health
1 967
-
6 328
-
solidarity contribution
-
-
-
-
total
4 663
-
14 600
-
Employer
14 572
-
46 874
-
social contributions
3 643
-
9 907
-
health
1 311
-
4 219
-
total
4 954
-
14 126
-
Corporate
41 473
61 000
-
-
income
7 880
11 590
-
-
total
7 880
11 590
-
-
Dividends
33 593
49 410
-
-
withholding
5 039
7 412
-
-
total
5 039
7 412
-
-
Income
61 000
61 000
61 000
61 000
Total tax
22 536
19 002
28 726
26 095
After tax
38 464
41 998
32 274
34 905
Living cost
9 909
9 909
9 909
9 909
Free-cash
28 555
32 089
22 365
24 996

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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
₴19211
-₴14959
-₴14959
-₴14959
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
-
-
-
61 000
national
-
-
-
7 147
pensions
-
-
-
302
municipal
-
-
-
12 694
labour market
-
-
-
4 856
total
-
-
-
24 999
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
59 169
59 169
59 169
24 999
After tax
1 831
1 831
1 831
36 001
Living cost
16 790
16 790
16 790
16 790
Free-cash
-14 959
-14 959
-14 959
19 211

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
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
₴24298
₴38243
₴26760
₴40402
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
-
-
-
61 000
health
-
-
-
7 930
pensions
-
-
-
12 200
income
-
-
-
8 174
total
-
-
-
28 304
Employee
9 863
-
45 590
-
unemployment
158
-
730
-
income
1 110
-
8 790
-
pensions
197
-
912
-
total
1 465
-
10 432
-
Employer
9 863
-
45 590
-
pensions
1 973
-
9 118
-
health
1 282
-
5 927
-
unemployment
79
-
365
-
total
3 334
-
15 410
-
Corporate
47 803
61 000
-
-
income
9 560
12 200
-
-
total
9 560
12 200
-
-
Dividends
38 242
48 800
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
14 359
12 200
25 842
28 304
After tax
46 641
48 800
35 158
32 696
Living cost
8 398
8 398
8 398
8 398
Free-cash
38 243
40 402
26 760
24 298

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
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
₴26032
₴25758
₴18668
₴24891
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

-
-
-
61 000
national
-
-
-
9 989
health
-
-
-
794
municipal
-
-
-
10 837
total
-
-
-
21 620
Employee
18 292
-
51 316
-
unemployment
274
-
770
-
municipal
2 996
-
8 359
-
national
302
-
6 063
-
pensions
1 234
-
3 464
-
health
137
-
645
-
total
4 943
-
19 301
-
Employer
18 292
-
51 316
-
pensions
3 174
-
8 903
-
health
141
-
395
-
accident
18
-
51
-
unemployment
119
-
334
-
total
3 452
-
9 683
-
Corporate
39 256
61 000
-
-
income
7 852
12 200
-
-
total
7 852
12 200
-
-
Dividends

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

23 554
36 600
-
-
municipal
4 240
6 588
-
-
national
1 407
3 973
-
-
total
5 647
10 561
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 894
22 761
28 984
21 620
After tax
39 106
38 239
32 016
39 380
Living cost
13 348
13 348
13 348
13 348
Free-cash
25 758
24 891
18 668
26 032

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴3133
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
₴23661
₴21955
₴22826
₴20028
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
-
-
-
61 000
surtax
-
-
-
-
health
-
-
-
2 572
pensions
-
-
-
10 901
social contributions
-
-
-
1 738
income
-
-
-
9 520
other
-
-
-
1 891
total
-
-
-
26 622
Employee
13 283
-
47 282
-
income
685
-
9 133
-
surtax
-
-
-
-
social contributions
379
-
1 347
-
pensions
1 502
-
3 258
-
total
2 566
-
13 738
-
Employer
13 283
-
47 282
-
pensions
2 183
-
5 490
-
social contributions
40
-
142
-
other
459
-
1 832
-
health
930
-
4 340
-
unemployment
538
-
1 915
-
total
4 150
-
13 719
-
Corporate
43 569
61 000
-
-
income
12 200
17 080
-
-
surtax
-
-
-
-
total
12 200
17 080
-
-
Dividends
31 370
43 920
-
-
withholding
4 016
5 621
-
-
social contributions
5 396
7 554
-
-
surtax
-
-
-
-
total
9 412
13 175
-
-
Income
61 000
61 000
61 000
61 000
Total tax
28 328
30 255
27 457
26 622
After tax
32 672
30 745
33 543
34 378
Living cost
10 717
10 717
10 717
10 717
Free-cash
21 955
20 028
22 826
23 661

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
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.
₴3210
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
₴22483
₴20904
₴21648
₴18850
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
-
-
-
61 000
surtax
-
-
-
-
health
-
-
-
2 572
pensions
-
-
-
10 901
social contributions
-
-
-
1 738
income
-
-
-
9 520
other
-
-
-
1 891
total
-
-
-
26 622
Employee
14 880
-
47 282
-
income
878
-
9 133
-
surtax
-
-
-
-
social contributions
424
-
1 347
-
pensions
1 682
-
3 258
-
total
2 984
-
13 738
-
Employer
14 880
-
47 282
-
pensions
2 445
-
5 490
-
social contributions
45
-
142
-
other
513
-
1 832
-
health
1 042
-
4 340
-
unemployment
602
-
1 915
-
total
4 647
-
13 719
-
Corporate
41 473
61 000
-
-
income
11 612
17 080
-
-
surtax
-
-
-
-
total
11 612
17 080
-
-
Dividends
29 860
43 920
-
-
withholding
3 822
5 621
-
-
social contributions
5 136
7 554
-
-
surtax
-
-
-
-
total
8 958
13 175
-
-
Income
61 000
61 000
61 000
61 000
Total tax
28 201
30 255
27 457
26 622
After tax
32 799
30 745
33 543
34 378
Living cost
11 895
11 895
11 895
11 895
Free-cash
20 904
18 850
21 648
22 483

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3226
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
₴17585
₴16341
₴16750
₴13952
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
-
-
-
61 000
surtax
-
-
-
-
health
-
-
-
2 572
pensions
-
-
-
10 901
social contributions
-
-
-
1 738
income
-
-
-
9 520
other
-
-
-
1 891
total
-
-
-
26 622
Employee
21 776
-
47 282
-
income
1 900
-
9 133
-
surtax
-
-
-
-
social contributions
620
-
1 347
-
pensions
2 463
-
3 258
-
total
4 983
-
13 738
-
Employer
21 776
-
47 282
-
pensions
3 578
-
5 490
-
social contributions
65
-
142
-
other
752
-
1 832
-
health
1 524
-
4 340
-
unemployment
882
-
1 915
-
total
6 801
-
13 719
-
Corporate
32 423
61 000
-
-
income
9 078
17 080
-
-
surtax
-
-
-
-
total
9 078
17 080
-
-
Dividends
23 345
43 920
-
-
withholding
2 988
5 621
-
-
social contributions
4 016
7 554
-
-
surtax
-
-
-
-
total
7 004
13 175
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 866
30 255
27 457
26 622
After tax
33 134
30 745
33 543
34 378
Living cost
16 793
16 793
16 793
16 793
Free-cash
16 341
13 952
16 750
17 585

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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
₴58163
₴55305
₴46573
₴55723
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%.

-
-
-
61 000
microenterprise

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

-
-
-
610
total
-
-
-
610
Employee
2 784
-
61 000
-
income
557
-
12 200
-
total
557
-
12 200
-
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%.

58 216
61 000
-
-
total
-
-
-
-
Dividends
58 216
61 000
-
-
withholding
2 911
3 050
-
-
total
2 911
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
3 468
3 050
12 200
610
After tax
57 532
57 950
48 800
60 390
Living cost
2 227
2 227
2 227
2 227
Free-cash
55 305
55 723
46 573
58 163

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴601
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
₴56919
₴53828
₴45329
₴54479
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%.

-
-
-
61 000
microenterprise

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

-
-
-
610
total
-
-
-
610
Employee
4 339
-
61 000
-
income
868
-
12 200
-
total
868
-
12 200
-
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%.

56 661
61 000
-
-
total
-
-
-
-
Dividends
56 661
61 000
-
-
withholding
2 833
3 050
-
-
total
2 833
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
3 701
3 050
12 200
610
After tax
57 299
57 950
48 800
60 390
Living cost
3 471
3 471
3 471
3 471
Free-cash
53 828
54 479
45 329
56 919

Estimated living cost  is ₴3471 per week

₴2349
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.
₴116
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.
₴860
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
₴18903
₴22520
₴25337
₴17970
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.

-
-
-
61 000
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.

-
-
-
1 036
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.

-
-
-
2 375
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.

-
-
-
18 829
trade
-
-
-
6 434
total
-
-
-
28 674
Employee

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

17 299
-
61 000
-
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.

1 423
-
18 829
-
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
-
1 036
-
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.

2 375
-
2 375
-
total
3 877
-
22 240
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 701
61 000
-
-
trade
6 271
8 753
-
-
income
6 555
9 150
-
-
chamber of commerce
117
143
-
-
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.

360
503
-
-
total
13 303
18 549
-
-
Dividends
30 397
42 451
-
-
withholding
7 467
10 481
-
-
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.

410
577
-
-
total
7 877
11 058
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 057
29 607
22 240
28 674
After tax
35 943
31 393
38 760
32 326
Living cost
13 423
13 423
13 423
13 423
Free-cash
22 520
17 970
25 337
18 903

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
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.
₴2524
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
₴21167
₴24084
₴28229
₴20235
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.

-
-
-
61 000
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.

-
-
-
1 036
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.

-
-
-
2 375
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.

-
-
-
18 829
trade
-
-
-
7 062
total
-
-
-
29 302
Employee

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

13 298
-
61 000
-
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.

371
-
18 829
-
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
-
1 036
-
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.

2 375
-
2 375
-
total
2 766
-
22 240
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 702
61 000
-
-
trade
7 513
9 607
-
-
income
7 155
9 150
-
-
chamber of commerce
121
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.

393
503
-
-
total
15 182
19 401
-
-
Dividends
32 519
41 599
-
-
withholding
7 997
10 268
-
-
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.

440
565
-
-
total
8 437
10 833
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 385
30 234
22 240
29 302
After tax
34 615
30 766
38 760
31 698
Living cost
10 531
10 531
10 531
10 531
Free-cash
24 084
20 235
28 229
21 167

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
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.
₴2482
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
₴17727
₴21680
₴25102
₴16795
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.

-
-
-
61 000
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.

-
-
-
1 036
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.

-
-
-
2 375
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.

-
-
-
18 829
trade
-
-
-
7 375
total
-
-
-
29 615
Employee

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

17 632
-
61 000
-
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.

1 515
-
18 829
-
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
-
1 036
-
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.

2 375
-
2 375
-
total
3 973
-
22 240
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 368
61 000
-
-
trade
7 134
10 035
-
-
income
6 506
9 150
-
-
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.

358
503
-
-
total
14 112
19 827
-
-
Dividends
29 257
41 173
-
-
withholding
7 182
10 161
-
-
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.

395
559
-
-
total
7 577
10 720
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 662
30 547
22 240
29 615
After tax
35 338
30 453
38 760
31 385
Living cost
13 658
13 658
13 658
13 658
Free-cash
21 680
16 795
25 102
17 727

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
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.
₴2879
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
₴15143
₴19849
₴22832
₴14210
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.

-
-
-
61 000
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.

-
-
-
1 036
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.

-
-
-
2 375
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.

-
-
-
18 829
trade
-
-
-
7 689
total
-
-
-
29 929
Employee

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

20 895
-
61 000
-
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.

2 457
-
18 829
-
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.

135
-
1 036
-
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.

2 375
-
2 375
-
total
4 967
-
22 240
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 105
61 000
-
-
trade
6 878
10 462
-
-
income
6 016
9 150
-
-
chamber of commerce
110
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.

331
503
-
-
total
13 335
20 254
-
-
Dividends
26 771
40 746
-
-
withholding
6 560
10 055
-
-
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.

361
553
-
-
total
6 921
10 608
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 223
30 862
22 240
29 929
After tax
35 777
30 138
38 760
31 071
Living cost
15 928
15 928
15 928
15 928
Free-cash
19 849
14 210
22 832
15 143

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2814
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
₴21060
₴29454
₴18934
₴30560
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
-
-
-
61 000
surtax
-
-
-
2 604
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
16 873
other
-
-
-
-
total
-
-
-
32 131
Employee
11 709
-
51 232
-
unemployment
815
-
3 230
-
other
-
-
-
-
income
1 963
-
14 794
-
surtax
42
-
2 187
-
pensions
781
-
3 095
-
health
299
-
1 183
-
total
3 900
-
24 489
-
Employer
11 709
-
51 232
-
pensions
1 561
-
6 186
-
other
-
-
-
-
health
532
-
2 111
-
unemployment
371
-
1 471
-
total
2 464
-
9 768
-
Corporate
46 826
61 000
-
-
income
12 175
15 860
-
-
total
12 175
15 860
-
-
Dividends
34 652
45 140
-
-
withholding
5 198
6 771
-
-
total
5 198
6 771
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 737
22 631
34 257
32 131
After tax
37 263
38 369
26 743
28 869
Living cost
7 809
7 809
7 809
7 809
Free-cash
29 454
30 560
18 934
21 060

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2235
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
₴21197
₴29615
₴19071
₴30697
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
-
-
-
61 000
surtax
-
-
-
2 604
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
16 873
other
-
-
-
-
total
-
-
-
32 131
Employee
11 498
-
51 232
-
unemployment
800
-
3 230
-
other
-
-
-
-
income
1 927
-
14 794
-
surtax
38
-
2 187
-
pensions
767
-
3 095
-
health
294
-
1 183
-
total
3 826
-
24 489
-
Employer
11 498
-
51 232
-
pensions
1 533
-
6 186
-
other
-
-
-
-
health
523
-
2 111
-
unemployment
364
-
1 471
-
total
2 420
-
9 768
-
Corporate
47 082
61 000
-
-
income
12 241
15 860
-
-
total
12 241
15 860
-
-
Dividends
34 841
45 140
-
-
withholding
5 226
6 771
-
-
total
5 226
6 771
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 713
22 631
34 257
32 131
After tax
37 287
38 369
26 743
28 869
Living cost
7 672
7 672
7 672
7 672
Free-cash
29 615
30 697
19 071
21 197

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
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
₴35305
₴27471
₴28409
₴27327
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
-
-
-
61 000
unemployment
-
-
-
915
health
-
-
-
4 270
pensions
-
-
-
6 100
income
-
-
-
7 457
total
-
-
-
18 742
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.

10 037
3 994
51 046
-
unemployment
151
60
766
-
income
1 227
488
6 240
-
pensions
1 004
399
5 105
-
health
703
280
3 573
-
total
3 085
1 227
15 684
-
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.

10 037
3 994
51 046
-
pensions
1 957
779
9 954
-
total
1 957
779
9 954
-
Corporate
49 006
56 227
-
-
income
4 411
5 060
-
-
total
4 411
5 060
-
-
Dividends
44 596
51 166
-
-
withholding
8 473
9 722
-
-
social contributions
8 650
9 932
-
-
total
17 123
19 654
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 576
26 720
25 638
18 742
After tax
34 424
34 280
35 362
42 258
Living cost
6 953
6 953
6 953
6 953
Free-cash
27 471
27 327
28 409
35 305

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1500
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
₴18938
₴20994
₴19266
₴21274
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
-
-
-
61 000
national
-
-
-
10 595
pensions
-
-
-
7 320
social contributions
-
-
-
656
municipal
-
-
-
6 701
total
-
-
-
25 272
Employee
26 027
-
52 734
-
municipal
3 215
-
6 937
-
national
4 982
-
11 112
-
pensions
1 041
-
2 109
-
total
9 238
-
20 158
-
Employer
26 027
-
52 734
-
pensions
2 082
-
4 219
-
social contributions
280
-
567
-
total
2 362
-
4 786
-
Corporate
30 893
61 000
-
-
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%.

6 179
12 200
-
-
total
6 179
12 200
-
-
Dividends
24 715
48 800
-
-
withholding
5 437
10 736
-
-
total
5 437
10 736
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 216
22 936
24 944
25 272
After tax
37 784
38 064
36 056
35 728
Living cost
16 790
16 790
16 790
16 790
Free-cash
20 994
21 274
19 266
18 938

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3566
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
₴12370
₴23662
₴12370
₴22894
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
-
-
-
61 000
social contributions
-
-
-
10 171
income
-
-
-
18 653
total
-
-
-
28 824
Employee
27 197
-
61 000
-
social contributions
2 259
-
10 171
-
income
5 132
-
18 653
-
total
7 391
-
28 824
-
Employer
27 197
-
61 000
-
total
-
-
-
-
Corporate
33 803
61 000
-
-
income
4 225
7 625
-
-
total
4 225
7 625
-
-
Dividends
29 578
53 375
-
-
withholding
5 916
10 675
-
-
total
5 916
10 675
-
-
Income
61 000
61 000
61 000
61 000
Total tax
17 532
18 300
28 824
28 824
After tax
43 468
42 700
32 176
32 176
Living cost
19 806
19 806
19 806
19 806
Free-cash
23 662
22 894
12 370
12 370

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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
₴14498
₴16059
₴11741
₴17875
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
-
-
-
61 000
national
-
-
-
15 060
regional
-
-
-
720
social contributions
-
-
-
15 689
municipal
-
-
-
362
total
-
-
-
31 831
Employee
30 900
-
61 000
-
municipal
164
-
323
-
national
5 354
-
13 060
-
social contributions
10 419
-
20 569
-
regional
292
-
636
-
total
16 229
-
34 588
-
Employer
30 900
-
61 000
-
total
-
-
-
-
Corporate
30 100
61 000
-
-
nationa
7 224
14 640
-
-
municipal
1 174
2 379
-
-
total
8 398
17 019
-
-
Dividends
21 702
43 981
-
-
withholding
5 643
11 435
-
-
total
5 643
11 435
-
-
Income
61 000
61 000
61 000
61 000
Total tax
30 270
28 454
34 588
31 831
After tax
30 730
32 546
26 412
29 169
Living cost
14 671
14 671
14 671
14 671
Free-cash
16 059
17 875
11 741
14 498

Estimated living cost  is ₴14671 per week

₴10227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
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.
₴3257
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
₴19603
₴21924
₴16862
₴22697
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
-
-
-
61 000
national
-
-
-
15 060
regional
-
-
-
920
social contributions
-
-
-
15 689
municipal
-
-
-
362
total
-
-
-
32 031
Employee
19 286
-
61 000
-
municipal
102
-
323
-
national
3 056
-
13 060
-
social contributions
6 504
-
20 569
-
regional
260
-
820
-
total
9 922
-
34 772
-
Employer
19 286
-
61 000
-
total
-
-
-
-
Corporate
41 714
61 000
-
-
nationa
10 011
14 640
-
-
municipal
2 073
3 032
-
-