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

Valencia , Spain
₴30888
₴24533
₴25806
₴32228
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
-
-
-
197
income
-
-
-
18 417
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 957
total
-
-
-
26 852
Employee
11 216
-
52 037
-
unemployment
174
-
436
-
pensions
527
-
1 322
-
income
2 162
-
17 375
-
other
11
-
28
-
total
2 874
-
19 161
-
Employer
11 216
-
52 037
-
pensions
2 647
-
6 636
-
accident
222
-
557
-
unemployment
617
-
1 546
-
other
90
-
225
-
total
3 576
-
8 964
-
Corporate
46 208
61 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 931
9 150
-
-
total
6 931
9 150
-
-
Dividends
39 276
51 850
-
-
withholding
8 389
11 280
-
-
total
8 389
11 280
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 770
20 430
28 125
26 852
After tax
39 230
40 570
32 875
34 148
Living cost
8 342
8 342
8 342
8 342
Free-cash
30 888
32 228
24 533
25 806

Estimated living cost  is ₴8342 per week

₴5630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴34685
₴26961
₴27481
₴36734
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
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
11 071
income
-
-
-
10 144
other
-
-
-
2 191
health
-
-
-
2 030
total
-
-
-
25 436
Employee
11 014
-
49 350
-
health
154
-
646
-
unemployment
110
-
461
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

771
-
3 229
-
income
1 896
-
9 970
-
total
2 931
-
14 306
-
Employer
11 014
-
49 350
-
health
154
-
646
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 873
-
7 842
-
accident
88
-
395
-
unemployment
110
-
461
-
other
551
-
2 306
-
total
2 776
-
11 650
-
Corporate
47 210
61 000
-
-
income
9 914
12 810
-
-
total
9 914
12 810
-
-
Dividends
37 296
48 190
-
-
withholding
2 611
3 373
-
-
total
2 611
3 373
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 232
16 183
25 956
25 436
After tax
42 768
44 817
35 044
35 564
Living cost
8 083
8 083
8 083
8 083
Free-cash
34 685
36 734
26 961
27 481

Estimated living cost  is ₴8083 per week

₴5711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1696
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
₴46760
₴47504
₴45032
₴48171
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
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
9 150
health
-
-
-
1 221
total
-
-
-
11 984
Employee
5 275
-
58 918
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
5 892
-
total
1 291
-
7 429
-
Employer
5 275
-
58 918
-
health
364
-
732
-
pensions

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

581
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 083
-
Corporate
54 690
61 000
-
-
income
5 469
6 100
-
-
total
5 469
6 100
-
-
Dividends
49 221
54 900
-
-
withholding
2 461
2 745
-
-
total
2 461
2 745
-
-
Income
61 000
61 000
61 000
61 000
Total tax
10 256
8 845
9 512
11 984
After tax
50 744
52 155
51 488
49 016
Living cost
3 984
3 984
3 984
3 984
Free-cash
46 760
48 171
47 504
45 032

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
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
₴22157
₴22288
₴23629
₴20366
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
income
-
-
-
10 392
other
-
-
-
1 891
health
-
-
-
2 816
social contributions
-
-
-
1 738
pensions
-
-
-
10 156
surtax
-
-
-
-
total
-
-
-
26 993
Employee
12 983
-
46 845
-
pensions
1 468
-
3 409
-
income
766
-
9 436
-
social contributions
370
-
1 335
-
surtax
-
-
-
-
total
2 604
-
14 180
-
Employer
12 983
-
46 845
-
health
909
-
4 513
-
social contributions
39
-
140
-
pensions
2 133
-
5 712
-
unemployment
526
-
1 897
-
other
448
-
1 892
-
total
4 055
-
14 154
-
Corporate
43 963
61 000
-
-
income
12 310
17 080
-
-
surtax
-
-
-
-
total
12 310
17 080
-
-
Dividends
31 653
43 920
-
-
social contributions
5 445
7 554
-
-
surtax
-
-
-
-
withholding
4 051
5 622
-
-
total
9 496
13 176
-
-
Income
61 000
61 000
61 000
61 000
Total tax
28 465
30 256
28 334
26 993
After tax
32 535
30 744
32 666
34 007
Living cost
10 378
10 378
10 378
10 378
Free-cash
22 157
20 366
22 288
23 629

Estimated living cost  is ₴10378 per week

₴6544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
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.
₴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
Rotterdam , Netherlands
₴15746
₴26224
₴20442
₴17605
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
pensions
-
-
-
3 554
income
-
-
-
20 555
health
-
-
-
3 741
total
-
-
-
27 850
Employee
25 904
25 904
55 363
-
health
3 976
3 382
3 741
-
pensions
4 663
3 554
3 554
-
income

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

4 240
4 240
9 135
-
total
12 879
11 176
16 430
-
Employer
25 904
25 904
55 363
-
health
1 801
1 801
2 238
-
pensions
1 803
1 803
2 241
-
unemployment
933
933
1 159
-
total
4 537
4 537
5 638
-
Corporate
30 877
30 559
-
-
income
6 176
6 112
-
-
total
6 176
6 112
-
-
Dividends
24 702
24 448
-
-
income
5 249
5 195
-
-
withholding
3 705
3 667
-
-
total
8 954
8 862
-
-
Income
61 000
61 000
61 000
61 000
Total tax
32 546
30 687
22 068
27 850
After tax
28 454
30 313
38 932
33 150
Living cost
12 708
12 708
12 708
12 708
Free-cash
15 746
17 605
26 224
20 442

Estimated living cost  is ₴12708 per week

₴9006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
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.
₴2354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴24920
₴28962
₴21576
₴21565
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
trade
-
-
-
7 386
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.

-
-
-
19 695
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.

-
-
-
2 072
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.

-
-
-
1 083
total
-
-
-
30 236
Employee

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

11 602
-
61 000
-
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.

2 072
-
2 072
-
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.

324
-
19 695
-
surtax

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

18
-
1 083
-
total
2 414
-
22 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 398
61 000
-
-
income
7 410
9 150
-
-
trade
7 780
9 608
-
-
surtax

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

408
503
-
-
chamber of commerce
117
134
-
-
total
15 715
19 395
-
-
Dividends
33 684
41 606
-
-
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.

457
566
-
-
withholding
8 306
10 286
-
-
total
8 763
10 852
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 892
30 247
22 850
30 236
After tax
34 108
30 753
38 150
30 764
Living cost
9 188
9 188
9 188
9 188
Free-cash
24 920
21 565
28 962
21 576

Estimated living cost  is ₴9188 per week

₴5780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
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.
₴2166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₴35801
₴33776
₴34292
₴37451
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
income
-
-
-
13 222
health
-
-
-
1 555
social contributions
-
-
-
4 908
total
-
-
-
19 685
Employee
23 326
23 326
57 328
-
health
181
397
975
-
income
2 540
2 159
12 944
-
social contributions
882
1 936
2 611
-
total
3 603
4 492
16 530
-
Employer
23 326
23 326
57 328
-
health
196
432
1 060
-
social contributions
882
1 936
2 611
-
total
1 078
2 368
3 671
-
Corporate
49 296
35 307
-
-
income
6 162
4 414
-
-
total
6 162
4 414
-
-
Dividends
43 134
30 893
-
-
withholding
7 333
5 252
-
-
total
7 333
5 252
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 176
16 526
20 201
19 685
After tax
42 824
44 474
40 799
41 315
Living cost
7 023
7 023
7 023
7 023
Free-cash
35 801
37 451
33 776
34 292

Estimated living cost  is ₴7023 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴24876
₴18043
₴22668
₴25182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
61 000
income
-
-
-
7 620
social contributions

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

-
-
-
21 197
surtax
-
-
-
-
total
-
-
-
28 817
Employee
13 951
-
49 293
-
income
2 902
-
16 313
-
social contributions
1 535
-
5 422
-
surtax
-
-
-
-
total
4 437
-
21 735
-
Employer
13 951
-
49 293
-
social contributions
3 313
-
11 707
-
total
3 313
-
11 707
-
Corporate
43 735
61 000
-
-
income
9 185
12 810
-
-
surtax
-
-
-
-
total
9 185
12 810
-
-
Dividends
34 551
48 190
-
-
withholding
9 674
13 493
-
-
total
9 674
13 493
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 609
26 303
33 442
28 817
After tax
34 391
34 697
27 558
32 183
Living cost
9 515
9 515
9 515
9 515
Free-cash
24 876
25 182
18 043
22 668

Estimated living cost  is ₴9515 per week

₴7119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
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.
₴1676
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
₴55219
₴46500
₴58090
₴55650
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
2 875
-
61 000
-
income
575
-
12 200
-
total
575
-
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%.

58 125
61 000
-
-
total
-
-
-
-
Dividends
58 125
61 000
-
-
withholding
2 906
3 050
-
-
total
2 906
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
3 481
3 050
12 200
610
After tax
57 519
57 950
48 800
60 390
Living cost
2 300
2 300
2 300
2 300
Free-cash
55 219
55 650
46 500
58 090

Estimated living cost  is ₴2300 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₴31326
₴19623
₴20948
₴33862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
61 000
pensions
-
-
-
11 140
unemployment
-
-
-
92
income
-
-
-
14 682
health
-
-
-
6 002
total
-
-
-
31 916
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 414
-
52 781
-
health
866
-
3 410
-
unemployment
19
-
74
-
pensions
2 079
-
8 181
-
income
2 313
-
13 357
-
total
5 277
-
25 022
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 414
-
52 781
-
health
893
-
3 516
-
pensions
1 187
-
4 671
-
unemployment
8
-
32
-
total
2 088
-
8 219
-
Corporate
45 498
61 000
-
-
income
8 645
11 590
-
-
total
8 645
11 590
-
-
Dividends
36 853
49 410
-
-
withholding
5 528
7 412
-
-
total
5 528
7 412
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 538
19 002
33 241
31 916
After tax
39 462
41 998
27 759
29 084
Living cost
8 136
8 136
8 136
8 136
Free-cash
31 326
33 862
19 623
20 948

Estimated living cost  is ₴8136 per week

₴5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
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.
₴1874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴28096
₴31900
₴38931
₴27036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
61 000
income
-
-
-
9 150
health

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

-
-
-
1 908
total
-
-
-
11 058
Employee
13 916
-
59 605
-
social contributions
1 394
-
1 395
-
income
1 510
-
15 299
-
total
2 904
-
16 694
-
Employer
13 916
-
59 605
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
45 690
61 000
-
-
income
15 992
21 350
-
-
total
15 992
21 350
-
-
Dividends
29 699
39 650
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 893
22 953
18 089
11 058
After tax
39 107
38 047
42 911
49 942
Living cost
11 011
11 011
11 011
11 011
Free-cash
28 096
27 036
31 900
38 931

Estimated living cost  is ₴11011 per week

₴7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴30940
₴31262
₴32742
₴30784
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
income
-
-
-
9 150
health
-
-
-
4 258
social contributions
-
-
-
8 418
total
-
-
-
21 826
Employee
10 285
-
61 000
-
health
718
-
4 258
-
income
1 715
-
10 630
-
social contributions
1 420
-
8 418
-
total
3 853
-
23 306
-
Employer
10 285
-
61 000
-
total
-
-
-
-
Corporate
50 715
61 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 536
3 050
-
-
total
2 536
3 050
-
-
Dividends
48 179
57 950
-
-
social contributions
6 649
7 997
-
-
withholding
7 227
8 692
-
-
health
3 363
4 045
-
-
total
17 239
20 734
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 628
23 784
23 306
21 826
After tax
37 372
37 216
37 694
39 174
Living cost
6 432
6 432
6 432
6 432
Free-cash
30 940
30 784
31 262
32 742

Estimated living cost  is ₴6432 per week

₴4305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1582
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
₴30470
₴24658
₴27298
₴33500
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
income
-
-
-
6 426
health
-
-
-
8 235
social contributions
-
-
-
9 923
solidarity contribution
-
-
-
620
total
-
-
-
25 204
Employee
12 496
-
48 169
-
health
1 687
-
6 503
-
solidarity contribution
-
-
383
-
income
1 500
-
5 919
-
social contributions
812
-
2 209
-
total
3 999
-
15 014
-
Employer
12 496
-
48 169
-
health
1 125
-
4 335
-
social contributions
3 124
-
8 496
-
total
4 249
-
12 831
-
Corporate
44 255
61 000
-
-
income
8 408
11 590
-
-
total
8 408
11 590
-
-
Dividends
35 846
49 410
-
-
withholding
5 377
7 412
-
-
total
5 377
7 412
-
-
Income
61 000
61 000
61 000
61 000
Total tax
22 033
19 002
27 845
25 204
After tax
38 967
41 998
33 155
35 796
Living cost
8 498
8 498
8 498
8 498
Free-cash
30 470
33 500
24 658
27 298

Estimated living cost  is ₴8498 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴53693
₴45215
₴56805
₴54365
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
4 481
-
61 000
-
income
896
-
12 200
-
total
896
-
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%.

56 519
61 000
-
-
total
-
-
-
-
Dividends
56 519
61 000
-
-
withholding
2 826
3 050
-
-
total
2 826
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
3 722
3 050
12 200
610
After tax
57 278
57 950
48 800
60 390
Living cost
3 585
3 585
3 585
3 585
Free-cash
53 693
54 365
45 215
56 805

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₴18177
₴18015
₴19356
₴16093
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
income
-
-
-
10 392
other
-
-
-
1 891
health
-
-
-
2 816
social contributions
-
-
-
1 738
pensions
-
-
-
10 156
surtax
-
-
-
-
total
-
-
-
26 993
Employee
18 999
-
46 845
-
pensions
2 149
-
3 409
-
income
1 658
-
9 436
-
social contributions
541
-
1 335
-
surtax
-
-
-
-
total
4 348
-
14 180
-
Employer
18 999
-
46 845
-
health
1 330
-
4 513
-
social contributions
57
-
140
-
pensions
3 122
-
5 712
-
unemployment
770
-
1 897
-
other
656
-
1 892
-
total
5 935
-
14 154
-
Corporate
36 067
61 000
-
-
income
10 099
17 080
-
-
surtax
-
-
-
-
total
10 099
17 080
-
-
Dividends
25 968
43 920
-
-
social contributions
4 466
7 554
-
-
surtax
-
-
-
-
withholding
3 324
5 622
-
-
total
7 790
13 176
-
-
Income
61 000
61 000
61 000
61 000
Total tax
28 172
30 256
28 334
26 993
After tax
32 828
30 744
32 666
34 007
Living cost
14 651
14 651
14 651
14 651
Free-cash
18 177
16 093
18 015
19 356

Estimated living cost  is ₴14651 per week

₴9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
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.
₴3336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴37357
₴33336
₴33337
₴38844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
61 000
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
13 987
health
-
-
-
2 302
total
-
-
-
22 434
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 885
-
57 000
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 128
-
income
1 087
-
13 987
-
total
2 656
-
18 434
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 885
-
57 000
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
51 703
61 000
-
-
income
7 755
9 150
-
-
total
7 755
9 150
-
-
Dividends
43 948
51 850
-
-
withholding
6 592
7 777
-
-
total
6 592
7 777
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 414
16 927
22 435
22 434
After tax
42 586
44 073
38 565
38 566
Living cost
5 229
5 229
5 229
5 229
Free-cash
37 357
38 844
33 336
33 337

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴16082
₴25515
₴27724
₴7249
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
pensions
-
-
-
5 612
city
-
-
-
643
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 220
health
-
-
-
137
regional
-
-
-
3 429
national
-
-
-
1 591
total
-
-
-
12 632
Employee
24 159
-
54 914
-
health
55
-
124
-
unemployment
-
-
-
-
city
259
-
594
-
pensions
2 030
-
4 261
-
regional
791
-
3 059
-
national
114
-
1 320
-
total
3 249
-
9 358
-
Employer
24 159
-
54 914
-
health
55
-
124
-
pensions
2 030
-
4 261
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

483
-
1 098
-
total
2 568
-
5 483
-
Corporate
34 008
61 000
-
-
regional
7 193
12 902
-
-
national
2 891
5 185
-
-
total
10 084
18 087
-
-
Dividends
23 924
42 913
-
-
withholding
8 373
15 020
-
-
total
8 373
15 020
-
-
Income
61 000
61 000
61 000
61 000
Total tax
24 274
33 107
14 841
12 632
After tax
36 726
27 893
46 159
48 368
Living cost
20 644
20 644
20 644
20 644
Free-cash
16 082
7 249
25 515
27 724

Estimated living cost  is ₴20644 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₴27045
₴19611
₴26598
₴26108
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
municipal
-
-
-
10 834
health
-
-
-
813
national
-
-
-
11 109
total
-
-
-
22 756
Employee
15 960
-
51 317
-
health
119
-
664
-
unemployment
239
-
770
-
pensions
1 077
-
3 464
-
national
264
-
6 806
-
municipal
2 614
-
8 356
-
total
4 313
-
20 060
-
Employer
15 960
-
51 317
-
health
123
-
395
-
pensions
2 769
-
8 904
-
accident
16
-
51
-
unemployment
104
-
333
-
total
3 012
-
9 683
-
Corporate
42 029
61 000
-
-
income
8 406
12 200
-
-
total
8 406
12 200
-
-
Dividends

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

25 218
36 600
-
-
municipal
4 539
6 588
-
-
national
2 039
4 458
-
-
total
6 578
11 046
-
-
Income
61 000
61 000
61 000
61 000
Total tax
22 309
23 246
29 743
22 756
After tax
38 691
37 754
31 257
38 244
Living cost
11 646
11 646
11 646
11 646
Free-cash
27 045
26 108
19 611
26 598

Estimated living cost  is ₴11646 per week

₴7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₴18490
₴9993
₴15435
₴22819
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
communal

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

-
-
-
3 206
social contributions
-
-
-
7 563
national
-
-
-
23 736
total
-
-
-
34 505
Employee

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

21 698
-
47 246
-
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.

1 019
-
2 221
-
communal

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

1 132
-
2 464
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

189
-
411
-
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.

1 627
-
3 544
-
national
6 671
-
17 553
-
total
10 638
-
26 193
-
Employer

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

21 698
-
47 246
-
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.

1 334
-
2 906
-
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.

1 923
-
4 186
-
surtax
2 460
-
5 358
-
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.

282
-
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.

317
-
690
-
total
6 316
-
13 754
-
Corporate
32 986
61 000
-
-
income
6 597
12 509
-
-
surtax
132
250
-
-
total
6 729
12 759
-
-
Dividends
26 257
48 241
-
-
withholding

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

7 767
14 362
-
-
total
7 767
14 362
-
-
Income
61 000
61 000
61 000
61 000
Total tax
31 450
27 121
39 947
34 505
After tax
29 550
33 879
21 053
26 495
Living cost
11 060
11 060
11 060
11 060
Free-cash
18 490
22 819
9 993
15 435

Estimated living cost  is ₴11060 per week

₴7124
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.
₴173
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.
₴2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴19879
₴17685
₴18004
₴20174
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
-
-
-
29
municipal
-
-
-
15 704
other
-
-
-
3 344
health
-
-
-
1 796
national
-
-
-
5 822
accident
-
-
-
58
pensions
-
-
-
3 111
total
-
-
-
29 864
Employee
18 711
-
51 957
-
national
-
-
5 646
-
municipal
5 580
-
15 494
-
total
5 580
-
21 140
-
Employer
18 711
-
51 957
-
health
1 151
-
1 770
-
pensions
2 023
-
3 111
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 174
-
3 344
-
total
5 879
-
9 043
-
Corporate
36 410
61 000
-
-
income
8 010
13 420
-
-
total
8 010
13 420
-
-
Dividends
28 400
47 580
-
-
withholding
8 520
14 274
-
-
total
8 520
14 274
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 989
27 694
30 183
29 864
After tax
33 011
33 306
30 817
31 136
Living cost
13 132
13 132
13 132
13 132
Free-cash
19 879
20 174
17 685
18 004

Estimated living cost  is ₴13132 per week

₴8703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
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.
₴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
Oslo , Norway
₴6448
₴41967
₴27570
₴22526
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
income
-
-
-
11 890
social contributions
-
-
-
6 954
total
-
-
-
18 844
Employee
20 914
-
-
-
income
4 613
-
-
-
social contributions
1 715
-
244
-
total
6 328
-
244
-
Employer
20 914
-
-
-
social contributions
29 489
-
4 203
-
total
29 489
-
4 203
-
Corporate
10 596
61 000
-
-
income
2 331
13 420
-
-
total
2 331
13 420
-
-
Dividends
8 265
47 580
-
-
income
1 818
10 468
-
-
total
1 818
10 468
-
-
Income
61 000
61 000
61 000
61 000
Total tax
39 966
23 888
4 447
18 844
After tax
21 034
37 112
56 553
42 156
Living cost
14 586
14 586
14 586
14 586
Free-cash
6 448
22 526
41 967
27 570

Estimated living cost  is ₴14586 per week

₴9464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Limassol , Cyprus
₴33380
₴30960
₴31476
₴34635
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
income
-
-
-
13 222
health
-
-
-
1 555
social contributions
-
-
-
4 908
total
-
-
-
19 685
Employee
23 326
23 326
57 328
-
health
232
397
975
-
income
2 449
2 159
12 944
-
social contributions
1 133
1 936
2 611
-
total
3 814
4 492
16 530
-
Employer
23 326
23 326
57 328
-
health
253
432
1 060
-
social contributions
1 133
1 936
2 611
-
total
1 386
2 368
3 671
-
Corporate
45 960
35 307
-
-
income
5 745
4 414
-
-
total
5 745
4 414
-
-
Dividends
40 215
30 893
-
-
withholding
6 836
5 252
-
-
total
6 836
5 252
-
-
Income
61 000
61 000
61 000
61 000
Total tax
17 781
16 526
20 201
19 685
After tax
43 219
44 474
40 799
41 315
Living cost
9 839
9 839
9 839
9 839
Free-cash
33 380
34 635
30 960
31 476

Estimated living cost  is ₴9839 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴29789
₴23431
₴28900
₴28063
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
income
-
-
-
18 460
pensions
-
-
-
2 815
total
-
-
-
21 275
Employee
14 859
-
53 197
-
health
194
-
734
-
pensions
1 134
-
3 392
-
income
2 706
-
14 815
-
total
4 034
-
18 941
-
Employer
14 859
-
53 197
-
health
282
-
1 011
-
pensions
1 501
-
6 792
-
total
1 783
-
7 803
-
Corporate
44 358
61 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

8 428
11 590
-
-
total
8 428
11 590
-
-
Dividends
35 930
49 410
-
-
withholding
6 141
10 522
-
-
total
6 141
10 522
-
-
Income
61 000
61 000
61 000
61 000
Total tax
20 386
22 112
26 744
21 275
After tax
40 614
38 888
34 256
39 725
Living cost
10 825
10 825
10 825
10 825
Free-cash
29 789
28 063
23 431
28 900

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₴18666
₴13591
₴16127
₴20046
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
municipal
-
-
-
412
regional
-
-
-
1 424
social contributions
-
-
-
15 182
national
-
-
-
15 770
total
-
-
-
32 788
Employee
25 562
-
61 000
-
social contributions
8 619
-
19 904
-
regional
386
-
1 269
-
national
4 320
-
13 781
-
municipal
153
-
370
-
total
13 478
-
35 324
-
Employer
25 562
-
61 000
-
total
-
-
-
-
Corporate
35 438
61 000
-
-
nationa
8 505
14 640
-
-
municipal
1 708
2 940
-
-
total
10 213
17 580
-
-
Dividends
25 225
43 420
-
-
withholding
6 558
11 289
-
-
total
6 558
11 289
-
-
Income
61 000
61 000
61 000
61 000
Total tax
30 249
28 869
35 324
32 788
After tax
30 751
32 131
25 676
28 212
Living cost
12 084
12 084
12 084
12 084
Free-cash
18 666
20 046
13 591
16 127

Estimated living cost  is ₴12084 per week

₴8489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
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.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴3949
₴26989
₴35199
-₴1528
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
pensions
-
-
-
1 223
income
-
-
-
17 285
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
19 332
Employee
10 176
-
55 475
-
health
1 165
-
6 352
-
pensions
1 146
-
2 243
-
income
1 396
-
13 422
-
total
3 707
-
22 017
-
Employer
10 176
-
55 475
-
pensions
1 655
-
3 240
-
accident
170
-
926
-
unemployment
249
-
1 359
-
total
2 074
-
5 525
-
Corporate
48 750
61 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

43 875
54 900
-
-
total
43 875
54 900
-
-
Dividends
4 875
6 100
-
-
withholding
926
1 159
-
-
total
926
1 159
-
-
Income
61 000
61 000
61 000
61 000
Total tax
50 582
56 059
27 542
19 332
After tax
10 418
4 941
33 458
41 668
Living cost
6 469
6 469
6 469
6 469
Free-cash
3 949
-1 528
26 989
35 199

Estimated living cost  is ₴6469 per week

₴4741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴1234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₴23638
₴26439
₴19710
₴19672
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
trade
-
-
-
6 729
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.

-
-
-
19 695
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.

-
-
-
2 072
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.

-
-
-
1 083
total
-
-
-
29 579
Employee

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

15 093
-
61 000
-
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.

2 072
-
2 072
-
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.

1 241
-
19 695
-
surtax

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

69
-
1 083
-
total
3 382
-
22 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 907
61 000
-
-
income
6 886
9 150
-
-
trade
6 588
8 753
-
-
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.

379
503
-
-
chamber of commerce
113
135
-
-
total
13 966
18 541
-
-
Dividends
31 941
42 458
-
-
surtax

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

433
577
-
-
withholding
7 870
10 499
-
-
total
8 303
11 076
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 651
29 617
22 850
29 579
After tax
35 349
31 383
38 150
31 421
Living cost
11 711
11 711
11 711
11 711
Free-cash
23 638
19 672
26 439
19 710

Estimated living cost  is ₴11711 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₴40001
₴19829
₴15389
₴42489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
61 000
income
-
-
-
12 123
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 622
surtax
-
-
-
15 555
total
-
-
-
39 300
Employee
8 864
-
47 109
-
income
1 578
-
10 161
-
social contributions

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

975
-
3 977
-
surtax
-
-
6 831
-
total
2 553
-
20 969
-
Employer
8 864
-
47 109
-
social contributions

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

2 135
-
8 709
-
surtax
-
-
5 182
-
total
2 135
-
13 891
-
Corporate
50 001
61 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

10 000
12 200
-
-
total
10 000
12 200
-
-
Dividends

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

40 001
48 800
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
14 688
12 200
34 860
39 300
After tax
46 312
48 800
26 140
21 700
Living cost
6 311
6 311
6 311
6 311
Free-cash
40 001
42 489
19 829
15 389

Estimated living cost  is ₴6311 per week

₴4026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
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.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴33694
₴33424
₴33691
₴34310
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
income
-
-
-
18 831
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
23 555
Employee
5 718
-
57 919
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
18 687
-
total
1 964
-
20 741
-
Employer
5 718
-
57 919
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
53 995
61 000
-
-
income
11 879
13 420
-
-
total
11 879
13 420
-
-
Dividends
42 116
47 580
-
-
withholding
8 423
9 516
-
-
total
8 423
9 516
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 552
22 936
23 822
23 555
After tax
37 448
38 064
37 178
37 445
Living cost
3 754
3 754
3 754
3 754
Free-cash
33 694
34 310
33 424
33 691

Estimated living cost  is ₴3754 per week

₴2231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴30590
₴20098
₴21953
₴31556
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
pensions
-
-
-
8 097
unemployment
-
-
-
69
income
-
-
-
18 222
other
-
-
-
-
health
-
-
-
2 874
surtax
-
-
-
2 972
total
-
-
-
32 234
Employee
10 216
-
52 478
-
health
261
-
1 032
-
unemployment
711
-
2 818
-
pensions
682
-
2 700
-
income
1 713
-
16 408
-
other
-
-
-
-
surtax
36
-
2 609
-
total
3 403
-
25 567
-
Employer
10 216
-
52 478
-
health
465
-
1 842
-
pensions
1 362
-
5 397
-
unemployment
324
-
1 283
-
other
-
-
-
-
total
2 151
-
8 522
-
Corporate
48 634
61 000
-
-
income
12 645
15 860
-
-
total
12 645
15 860
-
-
Dividends
35 989
45 140
-
-
withholding
5 398
6 771
-
-
total
5 398
6 771
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 597
22 631
34 089
32 234
After tax
37 403
38 369
26 911
28 766
Living cost
6 813
6 813
6 813
6 813
Free-cash
30 590
31 556
20 098
21 953

Estimated living cost  is ₴6813 per week

₴4114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
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.
₴1950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴23884
₴6405
₴21710
₴24033
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
pensions
-
-
-
6 556
chamber of commerce
-
-
-
244
unemployment
-
-
-
1 861
income
-