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
₴ 61500
per

Your estimated
City
free-cash

Valencia , Spain
₴31188
₴24781
₴26059
₴32531
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
-
-
-
61 500
unemployment
-
-
-
197
income
-
-
-
18 614
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
27 074
Employee
11 251
-
52 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
17 570
-
other
11
-
28
-
total
2 883
-
19 361
-
Employer
11 251
-
52 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
46 662
61 500
-
-
income

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

6 999
9 225
-
-
total
6 999
9 225
-
-
Dividends
39 663
52 275
-
-
withholding
8 476
11 377
-
-
total
8 476
11 377
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 945
20 602
28 352
27 074
After tax
39 555
40 898
33 148
34 426
Living cost
8 367
8 367
8 367
8 367
Free-cash
31 188
32 531
24 781
26 059

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴35021
₴27276
₴27800
₴37076
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
-
-
-
61 500
pensions

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

-
-
-
11 105
income
-
-
-
10 253
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
25 592
Employee
11 048
-
49 812
-
health
155
-
648
-
unemployment
110
-
463
-
pensions

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

773
-
3 239
-
income
1 902
-
10 078
-
total
2 940
-
14 428
-
Employer
11 048
-
49 812
-
health
155
-
648
-
pensions

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

1 878
-
7 866
-
accident
88
-
398
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 688
-
Corporate
47 668
61 500
-
-
income
10 011
12 915
-
-
total
10 011
12 915
-
-
Dividends
37 657
48 585
-
-
withholding
2 636
3 401
-
-
total
2 636
3 401
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 371
16 316
26 116
25 592
After tax
43 129
45 184
35 384
35 908
Living cost
8 108
8 108
8 108
8 108
Free-cash
35 021
37 076
27 276
27 800

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴47183
₴47947
₴45452
₴48595
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
-
-
-
61 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
9 225
health
-
-
-
1 222
total
-
-
-
12 061
Employee
5 280
-
59 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
5 942
-
total
1 293
-
7 481
-
Employer
5 280
-
59 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
55 184
61 500
-
-
income
5 518
6 150
-
-
total
5 518
6 150
-
-
Dividends
49 666
55 350
-
-
withholding
2 483
2 768
-
-
total
2 483
2 768
-
-
Income
61 500
61 500
61 500
61 500
Total tax
10 330
8 918
9 566
12 061
After tax
51 170
52 582
51 934
49 439
Living cost
3 987
3 987
3 987
3 987
Free-cash
47 183
48 595
47 947
45 452

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴22384
₴22486
₴23846
₴20586
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
-
-
-
61 500
income
-
-
-
10 525
other
-
-
-
1 907
health
-
-
-
2 847
social contributions
-
-
-
1 752
pensions
-
-
-
10 213
surtax
-
-
-
-
total
-
-
-
27 244
Employee
13 022
-
47 214
-
pensions
1 472
-
3 442
-
income
769
-
9 531
-
social contributions
371
-
1 345
-
surtax
-
-
-
-
total
2 612
-
14 318
-
Employer
13 022
-
47 214
-
health
912
-
4 557
-
social contributions
39
-
141
-
pensions
2 139
-
5 766
-
unemployment
527
-
1 912
-
other
449
-
1 910
-
total
4 066
-
14 286
-
Corporate
44 411
61 500
-
-
income
12 435
17 220
-
-
surtax
-
-
-
-
total
12 435
17 220
-
-
Dividends
31 976
44 280
-
-
social contributions
5 500
7 616
-
-
surtax
-
-
-
-
withholding
4 093
5 668
-
-
total
9 593
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 706
30 504
28 604
27 244
After tax
32 794
30 996
32 896
34 256
Living cost
10 410
10 410
10 410
10 410
Free-cash
22 384
20 586
22 486
23 846

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴15957
₴26536
₴20657
₴17822
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
-
-
-
61 500
pensions
-
-
-
3 565
income
-
-
-
20 780
health
-
-
-
3 752
total
-
-
-
28 097
Employee
25 983
25 983
55 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
9 247
-
total
12 918
11 210
16 564
-
Employer
25 983
25 983
55 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
31 285
30 967
-
-
income
6 257
6 193
-
-
total
6 257
6 193
-
-
Dividends
25 029
24 773
-
-
income
5 319
5 264
-
-
withholding
3 754
3 716
-
-
total
9 073
8 980
-
-
Income
61 500
61 500
61 500
61 500
Total tax
32 797
30 932
22 218
28 097
After tax
28 703
30 568
39 282
33 403
Living cost
12 746
12 746
12 746
12 746
Free-cash
15 957
17 822
26 536
20 657

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
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
₴25155
₴29224
₴21766
₴21789
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.

-
-
-
61 500
trade
-
-
-
7 458
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.

-
-
-
19 887
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 079
surtax

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

-
-
-
1 094
total
-
-
-
30 518
Employee

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

11 638
-
61 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 079
-
2 079
-
income

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

325
-
19 887
-
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
-
1 094
-
total
2 422
-
23 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 862
61 500
-
-
income
7 479
9 225
-
-
trade
7 853
9 686
-
-
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.

411
508
-
-
chamber of commerce
118
135
-
-
total
15 861
19 554
-
-
Dividends
34 001
41 947
-
-
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.

461
570
-
-
withholding
8 385
10 371
-
-
total
8 846
10 941
-
-
Income
61 500
61 500
61 500
61 500
Total tax
27 129
30 495
23 060
30 518
After tax
34 371
31 005
38 440
30 982
Living cost
9 216
9 216
9 216
9 216
Free-cash
25 155
21 789
29 224
21 766

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴36137
₴34076
₴34595
₴37794
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
-
-
-
61 500
income
-
-
-
13 369
health
-
-
-
1 568
social contributions
-
-
-
4 923
total
-
-
-
19 860
Employee
23 397
23 397
57 812
-
health
181
398
983
-
income
2 548
2 166
13 089
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
16 691
-
Employer
23 397
23 397
57 812
-
health
197
433
1 069
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 688
-
Corporate
49 760
35 728
-
-
income
6 220
4 466
-
-
total
6 220
4 466
-
-
Dividends
43 541
31 262
-
-
withholding
7 402
5 314
-
-
total
7 402
5 314
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 318
16 661
20 379
19 860
After tax
43 182
44 839
41 121
41 640
Living cost
7 045
7 045
7 045
7 045
Free-cash
36 137
37 794
34 076
34 595

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴25131
₴18222
₴22885
₴25437
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.

-
-
-
61 500
income
-
-
-
7 700
social contributions

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

-
-
-
21 371
surtax
-
-
-
-
total
-
-
-
29 071
Employee
13 994
-
49 697
-
income
2 911
-
16 464
-
social contributions
1 539
-
5 467
-
surtax
-
-
-
-
total
4 450
-
21 931
-
Employer
13 994
-
49 697
-
social contributions
3 324
-
11 803
-
total
3 324
-
11 803
-
Corporate
44 182
61 500
-
-
income
9 278
12 915
-
-
surtax
-
-
-
-
total
9 278
12 915
-
-
Dividends
34 904
48 585
-
-
withholding
9 773
13 604
-
-
total
9 773
13 604
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 825
26 519
33 734
29 071
After tax
34 675
34 981
27 766
32 429
Living cost
9 544
9 544
9 544
9 544
Free-cash
25 131
25 437
18 222
22 885

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴55625
₴46842
₴58527
₴56067
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%.

-
-
-
61 500
microenterprise

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

-
-
-
615
total
-
-
-
615
Employee
2 948
-
61 500
-
income
589
-
12 300
-
total
589
-
12 300
-
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%.

58 552
61 500
-
-
total
-
-
-
-
Dividends
58 552
61 500
-
-
withholding
2 928
3 075
-
-
total
2 928
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
3 517
3 075
12 300
615
After tax
57 983
58 425
49 200
60 885
Living cost
2 358
2 358
2 358
2 358
Free-cash
55 625
56 067
46 842
58 527

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
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
₴31637
₴19791
₴21125
₴34182
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.

-
-
-
61 500
pensions
-
-
-
11 231
unemployment
-
-
-
92
income
-
-
-
14 839
health
-
-
-
6 052
total
-
-
-
32 214
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.

13 455
-
53 215
-
health
869
-
3 437
-
unemployment
19
-
74
-
pensions
2 086
-
8 248
-
income
2 320
-
13 504
-
total
5 294
-
25 263
-
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.

13 455
-
53 215
-
health
896
-
3 544
-
pensions
1 191
-
4 709
-
unemployment
8
-
32
-
total
2 095
-
8 285
-
Corporate
45 950
61 500
-
-
income
8 730
11 685
-
-
total
8 730
11 685
-
-
Dividends
37 220
49 815
-
-
withholding
5 583
7 472
-
-
total
5 583
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 702
19 157
33 548
32 214
After tax
39 798
42 343
27 952
29 286
Living cost
8 161
8 161
8 161
8 161
Free-cash
31 637
34 182
19 791
21 125

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴28386
₴32199
₴39306
₴27322
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.

-
-
-
61 500
income
-
-
-
9 225
health

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

-
-
-
1 924
total
-
-
-
11 149
Employee
13 958
-
60 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
15 456
-
total
2 913
-
16 856
-
Employer
13 958
-
60 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
46 143
61 500
-
-
income
16 150
21 525
-
-
total
16 150
21 525
-
-
Dividends
29 993
39 975
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 069
23 133
18 256
11 149
After tax
39 431
38 367
43 244
50 351
Living cost
11 045
11 045
11 045
11 045
Free-cash
28 386
27 322
32 199
39 306

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴31226
₴31544
₴33044
₴31069
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
-
-
-
61 500
income
-
-
-
9 225
health
-
-
-
4 292
social contributions
-
-
-
8 487
total
-
-
-
22 004
Employee
10 317
-
61 500
-
health
720
-
4 292
-
income
1 721
-
10 725
-
social contributions
1 424
-
8 487
-
total
3 865
-
23 504
-
Employer
10 317
-
61 500
-
total
-
-
-
-
Corporate
51 183
61 500
-
-
income

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

2 559
3 075
-
-
total
2 559
3 075
-
-
Dividends
48 624
58 425
-
-
social contributions
6 710
8 062
-
-
withholding
7 294
8 764
-
-
health
3 394
4 078
-
-
total
17 398
20 904
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 822
23 979
23 504
22 004
After tax
37 678
37 521
37 996
39 496
Living cost
6 452
6 452
6 452
6 452
Free-cash
31 226
31 069
31 544
33 044

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴30788
₴24938
₴27604
₴33826
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
-
-
-
61 500
income
-
-
-
6 488
health
-
-
-
8 302
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
643
total
-
-
-
25 379
Employee
12 525
-
48 610
-
health
1 691
-
6 562
-
solidarity contribution
-
-
404
-
income
1 503
-
5 975
-
social contributions
814
-
2 214
-
total
4 008
-
15 155
-
Employer
12 525
-
48 610
-
health
1 127
-
4 375
-
social contributions
3 131
-
8 515
-
total
4 258
-
12 890
-
Corporate
44 716
61 500
-
-
income
8 496
11 685
-
-
total
8 496
11 685
-
-
Dividends
36 220
49 815
-
-
withholding
5 433
7 472
-
-
total
5 433
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 195
19 157
28 045
25 379
After tax
39 305
42 343
33 455
36 121
Living cost
8 517
8 517
8 517
8 517
Free-cash
30 788
33 826
24 938
27 604

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴54061
₴45525
₴57210
₴54750
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%.

-
-
-
61 500
microenterprise

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

-
-
-
615
total
-
-
-
615
Employee
4 594
-
61 500
-
income
919
-
12 300
-
total
919
-
12 300
-
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%.

56 906
61 500
-
-
total
-
-
-
-
Dividends
56 906
61 500
-
-
withholding
2 845
3 075
-
-
total
2 845
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
3 764
3 075
12 300
615
After tax
57 736
58 425
49 200
60 885
Living cost
3 675
3 675
3 675
3 675
Free-cash
54 061
54 750
45 525
57 210

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
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
₴18392
₴18200
₴19560
₴16300
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
-
-
-
61 500
income
-
-
-
10 525
other
-
-
-
1 907
health
-
-
-
2 847
social contributions
-
-
-
1 752
pensions
-
-
-
10 213
surtax
-
-
-
-
total
-
-
-
27 244
Employee
19 057
-
47 214
-
pensions
2 155
-
3 442
-
income
1 663
-
9 531
-
social contributions
543
-
1 345
-
surtax
-
-
-
-
total
4 361
-
14 318
-
Employer
19 057
-
47 214
-
health
1 334
-
4 557
-
social contributions
57
-
141
-
pensions
3 131
-
5 766
-
unemployment
772
-
1 912
-
other
658
-
1 910
-
total
5 952
-
14 286
-
Corporate
36 491
61 500
-
-
income
10 217
17 220
-
-
surtax
-
-
-
-
total
10 217
17 220
-
-
Dividends
26 274
44 280
-
-
social contributions
4 519
7 616
-
-
surtax
-
-
-
-
withholding
3 363
5 668
-
-
total
7 882
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 412
30 504
28 604
27 244
After tax
33 088
30 996
32 896
34 256
Living cost
14 696
14 696
14 696
14 696
Free-cash
18 392
16 300
18 200
19 560

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴37697
₴33671
₴33672
₴39188
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.

-
-
-
61 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
14 108
health
-
-
-
2 309
total
-
-
-
22 582
Employee

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

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

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

7 911
-
57 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
14 108
-
total
2 664
-
18 570
-
Employer

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

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

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

7 911
-
57 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
52 173
61 500
-
-
income
7 826
9 225
-
-
total
7 826
9 225
-
-
Dividends
44 347
52 275
-
-
withholding
6 652
7 841
-
-
total
6 652
7 841
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 557
17 066
22 583
22 582
After tax
42 943
44 434
38 917
38 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
37 697
39 188
33 671
33 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴16285
₴25844
₴28056
₴7433
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
-
-
-
61 500
pensions
-
-
-
5 658
city
-
-
-
648
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.

-
-
-
1 230
health
-
-
-
138
regional
-
-
-
3 466
national
-
-
-
1 615
total
-
-
-
12 755
Employee
24 212
-
55 373
-
health
55
-
124
-
unemployment
-
-
-
-
city
260
-
599
-
pensions
2 034
-
4 287
-
regional
793
-
3 095
-
national
115
-
1 344
-
total
3 257
-
9 449
-
Employer
24 212
-
55 373
-
health
55
-
124
-
pensions
2 034
-
4 287
-
unemployment
-
-
-
-
other

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

484
-
1 107
-
total
2 573
-
5 518
-
Corporate
34 449
61 500
-
-
regional
7 286
13 007
-
-
national
2 928
5 228
-
-
total
10 214
18 235
-
-
Dividends
24 235
43 265
-
-
withholding
8 482
15 143
-
-
total
8 482
15 143
-
-
Income
61 500
61 500
61 500
61 500
Total tax
24 526
33 378
14 967
12 755
After tax
36 974
28 122
46 533
48 745
Living cost
20 689
20 689
20 689
20 689
Free-cash
16 285
7 433
25 844
28 056

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴27306
₴19793
₴26837
₴26364
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

-
-
-
61 500
municipal
-
-
-
10 922
health
-
-
-
820
national
-
-
-
11 239
total
-
-
-
22 981
Employee
16 008
-
51 737
-
health
120
-
670
-
unemployment
240
-
776
-
pensions
1 080
-
3 492
-
national
264
-
6 901
-
municipal
2 622
-
8 424
-
total
4 326
-
20 263
-
Employer
16 008
-
51 737
-
health
123
-
398
-
pensions
2 777
-
8 976
-
accident
16
-
52
-
unemployment
104
-
336
-
total
3 020
-
9 762
-
Corporate
42 471
61 500
-
-
income
8 494
12 300
-
-
total
8 494
12 300
-
-
Dividends

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

25 483
36 900
-
-
municipal
4 587
6 642
-
-
national
2 085
4 512
-
-
total
6 672
11 154
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 512
23 454
30 025
22 981
After tax
38 988
38 046
31 475
38 519
Living cost
11 682
11 682
11 682
11 682
Free-cash
27 306
26 364
19 793
26 837

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴18722
₴10118
₴15620
₴23043
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
-
-
-
61 500
communal

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

-
-
-
3 235
social contributions
-
-
-
7 586
national
-
-
-
23 965
total
-
-
-
34 786
Employee

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

21 765
-
47 634
-
health

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

1 023
-
2 239
-
communal

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

1 135
-
2 485
-
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
-
415
-
pensions

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

1 632
-
3 572
-
national
6 691
-
17 712
-
total
10 670
-
26 423
-
Employer

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

21 765
-
47 634
-
health

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

1 338
-
2 930
-
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.

1 929
-
4 220
-
surtax
2 468
-
5 401
-
accident

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

283
-
619
-
unemployment

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

318
-
695
-
total
6 336
-
13 865
-
Corporate
33 400
61 500
-
-
income
6 680
12 638
-
-
surtax
133
253
-
-
total
6 813
12 891
-
-
Dividends
26 587
48 609
-
-
withholding

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

7 865
14 472
-
-
total
7 865
14 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
31 684
27 363
40 288
34 786
After tax
29 816
34 137
21 212
26 714
Living cost
11 094
11 094
11 094
11 094
Free-cash
18 722
23 043
10 118
15 620

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴20077
₴17856
₴18177
₴20374
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
-
-
-
61 500
unemployment
-
-
-
29
municipal
-
-
-
15 839
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
5 894
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
30 118
Employee
18 816
-
52 407
-
national
-
-
5 717
-
municipal
5 611
-
15 628
-
total
5 611
-
21 345
-
Employer
18 816
-
52 407
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
36 772
61 500
-
-
income
8 090
13 530
-
-
total
8 090
13 530
-
-
Dividends
28 682
47 970
-
-
withholding
8 605
14 391
-
-
total
8 605
14 391
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 218
27 921
30 439
30 118
After tax
33 282
33 579
31 061
31 382
Living cost
13 205
13 205
13 205
13 205
Free-cash
20 077
20 374
17 856
18 177

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
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.
₴2957
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
₴6500
₴42311
₴27795
₴22711
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
-
-
-
61 500
income
-
-
-
11 988
social contributions
-
-
-
7 011
total
-
-
-
18 999
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
10 683
61 500
-
-
income
2 350
13 530
-
-
total
2 350
13 530
-
-
Dividends
8 333
47 970
-
-
income
1 833
10 553
-
-
total
1 833
10 553
-
-
Income
61 500
61 500
61 500
61 500
Total tax
40 294
24 083
4 483
18 999
After tax
21 206
37 417
57 017
42 501
Living cost
14 706
14 706
14 706
14 706
Free-cash
6 500
22 711
42 311
27 795

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴33708
₴31252
₴31771
₴34970
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
-
-
-
61 500
income
-
-
-
13 369
health
-
-
-
1 568
social contributions
-
-
-
4 923
total
-
-
-
19 860
Employee
23 397
23 397
57 812
-
health
233
398
983
-
income
2 457
2 166
13 089
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
16 691
-
Employer
23 397
23 397
57 812
-
health
253
433
1 069
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 688
-
Corporate
46 414
35 728
-
-
income
5 802
4 466
-
-
total
5 802
4 466
-
-
Dividends
40 612
31 262
-
-
withholding
6 904
5 314
-
-
total
6 904
5 314
-
-
Income
61 500
61 500
61 500
61 500
Total tax
17 923
16 661
20 379
19 860
After tax
43 577
44 839
41 121
41 640
Living cost
9 869
9 869
9 869
9 869
Free-cash
33 708
34 970
31 252
31 771

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴30029
₴23617
₴29130
₴28288
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
-
-
-
61 500
income
-
-
-
18 606
pensions
-
-
-
2 840
total
-
-
-
21 446
Employee
14 994
-
53 634
-
health
196
-
740
-
pensions
1 144
-
3 422
-
income
2 731
-
14 931
-
total
4 071
-
19 093
-
Employer
14 994
-
53 634
-
health
285
-
1 019
-
pensions
1 515
-
6 847
-
total
1 800
-
7 866
-
Corporate
44 706
61 500
-
-
income

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

8 494
11 685
-
-
total
8 494
11 685
-
-
Dividends
36 212
49 815
-
-
withholding
6 182
10 603
-
-
total
6 182
10 603
-
-
Income
61 500
61 500
61 500
61 500
Total tax
20 547
22 288
26 959
21 446
After tax
40 953
39 212
34 541
40 054
Living cost
10 924
10 924
10 924
10 924
Free-cash
30 029
28 288
23 617
29 130

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴18889
₴13805
₴16342
₴20273
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
-
-
-
61 500
municipal
-
-
-
416
regional
-
-
-
1 439
social contributions
-
-
-
15 229
national
-
-
-
15 953
total
-
-
-
33 037
Employee
25 640
-
61 500
-
social contributions
8 646
-
19 965
-
regional
387
-
1 283
-
national
4 333
-
13 952
-
municipal
153
-
374
-
total
13 519
-
35 574
-
Employer
25 640
-
61 500
-
total
-
-
-
-
Corporate
35 860
61 500
-
-
nationa
8 606
14 760
-
-
municipal
1 728
2 964
-
-
total
10 334
17 724
-
-
Dividends
25 526
43 776
-
-
withholding
6 637
11 382
-
-
total
6 637
11 382
-
-
Income
61 500
61 500
61 500
61 500
Total tax
30 490
29 106
35 574
33 037
After tax
31 010
32 394
25 926
28 463
Living cost
12 121
12 121
12 121
12 121
Free-cash
18 889
20 273
13 805
16 342

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴3985
₴27241
₴35510
-₴1517
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
-
-
-
61 500
pensions
-
-
-
1 229
income
-
-
-
17 435
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
19 492
Employee
10 222
-
55 941
-
health
1 170
-
6 405
-
pensions
1 151
-
2 253
-
income
1 402
-
13 544
-
total
3 723
-
22 202
-
Employer
10 222
-
55 941
-
pensions
1 662
-
3 254
-
accident
171
-
934
-
unemployment
250
-
1 371
-
total
2 083
-
5 559
-
Corporate
49 195
61 500
-
-
income

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

44 276
55 350
-
-
total
44 276
55 350
-
-
Dividends
4 919
6 150
-
-
withholding
935
1 169
-
-
total
935
1 169
-
-
Income
61 500
61 500
61 500
61 500
Total tax
51 017
56 519
27 761
19 492
After tax
10 483
4 981
33 739
42 008
Living cost
6 498
6 498
6 498
6 498
Free-cash
3 985
-1 517
27 241
35 510

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴23871
₴26693
₴19898
₴19891
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.

-
-
-
61 500
trade
-
-
-
6 795
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.

-
-
-
19 887
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 079
surtax

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

-
-
-
1 094
total
-
-
-
29 855
Employee

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

15 139
-
61 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 079
-
2 079
-
income

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

1 245
-
19 887
-
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
-
1 094
-
total
3 393
-
23 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 361
61 500
-
-
income
6 954
9 225
-
-
trade
6 653
8 825
-
-
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.

382
508
-
-
chamber of commerce
114
136
-
-
total
14 103
18 694
-
-
Dividends
32 257
42 806
-
-
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.

437
582
-
-
withholding
7 949
10 586
-
-
total
8 386
11 168
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 882
29 862
23 060
29 855
After tax
35 618
31 638
38 440
31 645
Living cost
11 747
11 747
11 747
11 747
Free-cash
23 871
19 891
26 693
19 898

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴40373
₴20042
₴15572
₴42870
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.

-
-
-
61 500
income
-
-
-
12 258
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.

-
-
-
11 658
surtax
-
-
-
15 682
total
-
-
-
39 598
Employee
8 891
-
47 535
-
income
1 583
-
10 281
-
social contributions

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

978
-
3 989
-
surtax
-
-
6 893
-
total
2 561
-
21 163
-
Employer
8 891
-
47 535
-
social contributions

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

2 142
-
8 736
-
surtax
-
-
5 229
-
total
2 142
-
13 965
-
Corporate
50 467
61 500
-
-
income

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

10 094
12 300
-
-
total
10 094
12 300
-
-
Dividends

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

40 374
49 200
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
14 797
12 300
35 128
39 598
After tax
46 703
49 200
26 372
21 902
Living cost
6 330
6 330
6 330
6 330
Free-cash
40 373
42 870
20 042
15 572

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴33971
₴33700
₴33971
₴34593
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
-
-
-
61 500
income
-
-
-
18 987
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
23 746
Employee
5 761
-
58 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
18 842
-
total
1 980
-
20 912
-
Employer
5 761
-
58 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
54 442
61 500
-
-
income
11 977
13 530
-
-
total
11 977
13 530
-
-
Dividends
42 465
47 970
-
-
withholding
8 493
9 594
-
-
total
8 493
9 594
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 746
23 124
24 017
23 746
After tax
37 754
38 376
37 483
37 754
Living cost
3 783
3 783
3 783
3 783
Free-cash
33 971
34 593
33 700
33 971

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴30881
₴20304
₴22164
₴31849
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
-
-
-
61 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
18 419
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 009
total
-
-
-
32 502
Employee
10 247
-
52 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
16 599
-
other
-
-
-
-
surtax
36
-
2 645
-
total
3 413
-
25 814
-
Employer
10 247
-
52 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
49 096
61 500
-
-
income
12 765
15 990
-
-
total
12 765
15 990
-
-
Dividends
36 331
45 510
-
-
withholding
5 450
6 827
-
-
total
5 450
6 827
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 785
22 817
34 362
32 502
After tax
37 715
38 683
27 138
28 998
Living cost
6 834
6 834
6 834
6 834
Free-cash
30 881
31 849
20 304
22 164

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴24128
₴6505
₴21940
₴24278
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
-
-
-
61 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
246
unemployment
-
-
-
1 866
income
-