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

Andorra , Andorra
₴34899
₴43823
₴36534
₴44982
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
social contributions
-
-
-
13 530
income
-
-
-
2 703
total
-
-
-
16 233
Employee
11 089
-
53 247
-
social contributions
721
-
3 461
-
income
-
-
2 884
-
total
721
-
6 345
-
Employer
11 089
-
53 247
-
social contributions
1 719
-
8 253
-
total
1 719
-
8 253
-
Corporate
48 692
61 500
-
-
income
4 869
6 150
-
-
total
4 869
6 150
-
-
Dividends
43 823
55 350
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
7 309
6 150
14 598
16 233
After tax
54 191
55 350
46 902
45 267
Living cost
10 368
10 368
10 368
10 368
Free-cash
43 823
44 982
36 534
34 899

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
₴20631
₴22884
₴5307
₴23055
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
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
246
pensions
-
-
-
7 455
income
-
-
-
16 967
total
-
-
-
29 865
Employee
15 077
13 745
49 250
-
unemployment
452
412
1 209
-
other
151
137
403
-
income
1 343
1 014
13 657
-
pensions
1 544
1 407
4 126
-
health
583
532
1 559
-
total
4 073
3 502
20 954
-
Employer
15 077
13 745
49 250
-
pensions
1 892
1 725
5 057
-
surtax
-
-
-
-
payroll
452
412
1 477
-
other
716
653
2 263
-
health
570
520
1 523
-
accident
196
179
524
-
unemployment
452
412
1 209
-
chamber of commerce
60
55
197
-
total
4 338
3 956
12 250
-
Corporate
42 084
43 799
47 941
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

10 521
10 950
11 985
-
total
10 521
10 950
11 985
-
Dividends
31 563
32 849
-
-
withholding
8 680
9 033
-
-
total
8 680
9 033
-
-
Income
61 500
61 500
61 500
61 500
Total tax
27 612
27 441
45 189
29 865
After tax
33 888
34 059
16 311
31 635
Living cost
11 004
11 004
11 004
11 004
Free-cash
22 884
23 055
5 307
20 631

Estimated living cost  is ₴11004 per week

₴6601
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.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
₴19413
₴21335
₴4140
₴21867
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
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
246
pensions
-
-
-
7 455
income
-
-
-
16 967
total
-
-
-
29 933
Employee
17 237
13 745
49 186
-
unemployment
517
412
1 209
-
other
172
137
403
-
income
1 962
1 014
13 626
-
pensions
1 765
1 407
4 126
-
health
667
532
1 559
-
total
5 083
3 502
20 923
-
Employer
17 237
13 745
49 186
-
pensions
2 163
1 725
5 057
-
surtax
68
68
68
-
payroll
517
412
1 475
-
other
819
653
2 261
-
health
651
520
1 523
-
accident
224
179
524
-
unemployment
517
412
1 209
-
chamber of commerce
69
55
197
-
total
5 028
4 024
12 314
-
Corporate
39 234
43 730
47 877
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

9 808
10 933
11 969
-
total
9 808
10 933
11 969
-
Dividends
29 426
32 798
-
-
withholding
8 092
9 020
-
-
total
8 092
9 020
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 011
27 479
45 206
29 933
After tax
33 489
34 021
16 294
31 567
Living cost
12 154
12 154
12 154
12 154
Free-cash
21 335
21 867
4 140
19 413

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
₴14092
₴16644
₴9034
₴21818
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
national
-
-
-
23 059
communal

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

-
-
-
3 174
social contributions
-
-
-
8 599
total
-
-
-
34 832
Employee

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

24 672
-
47 634
-
unemployment

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

215
-
414
-
national
7 585
-
17 313
-
communal

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

1 287
-
2 485
-
pensions

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

1 850
-
3 573
-
health

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

1 159
-
2 239
-
total
12 096
-
26 024
-
Employer

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

24 672
-
47 634
-
surtax
2 798
-
5 401
-
pensions

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

2 186
-
4 221
-
health

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

1 517
-
2 929
-
accident

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

321
-
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.

360
-
696
-
total
7 182
-
13 866
-
Corporate
29 646
61 500
-
-
income
5 930
12 300
-
-
surtax
118
246
-
-
total
6 048
12 546
-
-
Dividends
23 598
48 954
-
-
withholding

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

6 954
14 560
-
-
total
6 954
14 560
-
-
Income
61 500
61 500
61 500
61 500
Total tax
32 280
27 106
39 890
34 832
After tax
29 220
34 394
21 610
26 668
Living cost
12 576
12 576
12 576
12 576
Free-cash
16 644
21 818
9 034
14 092

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴43144
₴44565
₴45565
₴46662
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
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
9 225
total
-
-
-
12 435
Employee
7 841
-
59 141
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
5 914
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
7 655
-
Employer
7 841
-
59 141
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
52 121
61 500
-
-
income
5 212
6 150
-
-
total
5 212
6 150
-
-
Dividends
46 909
55 350
-
-
withholding
2 345
2 767
-
-
total
2 345
2 767
-
-
Income
61 500
61 500
61 500
61 500
Total tax
11 014
8 917
10 014
12 435
After tax
50 486
52 583
51 486
49 065
Living cost
5 921
5 921
5 921
5 921
Free-cash
44 565
46 662
45 565
43 144

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴44552
₴46469
₴46973
₴48070
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
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
9 225
total
-
-
-
12 435
Employee
5 976
-
59 141
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
5 914
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
7 655
-
Employer
5 976
-
59 141
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
54 351
61 500
-
-
income
5 435
6 150
-
-
total
5 435
6 150
-
-
Dividends
48 916
55 350
-
-
withholding
2 446
2 767
-
-
total
2 446
2 767
-
-
Income
61 500
61 500
61 500
61 500
Total tax
10 518
8 917
10 014
12 435
After tax
50 982
52 583
51 486
49 065
Living cost
4 513
4 513
4 513
4 513
Free-cash
46 469
48 070
46 973
44 552

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴34012
₴34998
₴33473
₴36877
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
health
-
-
-
1 568
social contributions
-
-
-
5 581
income
-
-
-
12 353
total
-
-
-
19 502
Employee
26 522
26 522
57 468
-
income
2 888
2 455
12 063
-
social contributions
1 003
2 201
2 969
-
health
206
451
977
-
total
4 097
5 107
16 009
-
Employer
26 522
26 522
57 468
-
social contributions
1 003
2 201
2 969
-
health
223
491
1 063
-
total
1 226
2 692
4 032
-
Corporate
48 192
32 285
-
-
income
6 024
4 036
-
-
total
6 024
4 036
-
-
Dividends
42 168
28 249
-
-
withholding
7 169
4 802
-
-
total
7 169
4 802
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 516
16 637
20 041
19 502
After tax
42 984
44 863
41 459
41 998
Living cost
7 986
7 986
7 986
7 986
Free-cash
34 998
36 877
33 473
34 012

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
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
₴30811
₴32245
₴30272
₴33676
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
health
-
-
-
1 568
social contributions
-
-
-
5 581
income
-
-
-
12 353
total
-
-
-
19 502
Employee
26 522
26 522
57 468
-
income
2 785
2 455
12 063
-
social contributions
1 289
2 201
2 969
-
health
264
451
977
-
total
4 338
5 107
16 009
-
Employer
26 522
26 522
57 468
-
social contributions
1 289
2 201
2 969
-
health
287
491
1 063
-
total
1 576
2 692
4 032
-
Corporate
44 399
32 285
-
-
income
5 550
4 036
-
-
total
5 550
4 036
-
-
Dividends
38 849
28 249
-
-
withholding
6 604
4 802
-
-
total
6 604
4 802
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 068
16 637
20 041
19 502
After tax
43 432
44 863
41 459
41 998
Living cost
11 187
11 187
11 187
11 187
Free-cash
32 245
33 676
30 272
30 811

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴27344
₴31541
₴24740
₴34382
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
health
-
-
-
8 302
social contributions
-
-
-
11 456
income
-
-
-
6 261
solidarity contribution
-
-
-
176
total
-
-
-
26 195
Employee
11 708
-
47 424
-
income
1 405
-
5 771
-
social contributions
761
-
2 550
-
health
1 581
-
6 402
-
solidarity contribution
-
-
-
-
total
3 747
-
14 723
-
Employer
11 708
-
47 424
-
social contributions
2 927
-
9 808
-
health
1 054
-
4 268
-
total
3 981
-
14 076
-
Corporate
45 812
61 500
-
-
income
8 704
11 685
-
-
total
8 704
11 685
-
-
Dividends
37 108
49 815
-
-
withholding
5 566
7 472
-
-
total
5 566
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 998
19 157
28 799
26 195
After tax
39 502
42 343
32 701
35 305
Living cost
7 961
7 961
7 961
7 961
Free-cash
31 541
34 382
24 740
27 344

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1708
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
₴25495
₴29033
₴22891
₴32533
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
health
-
-
-
8 302
social contributions
-
-
-
11 456
income
-
-
-
6 261
solidarity contribution
-
-
-
176
total
-
-
-
26 195
Employee
14 427
-
47 424
-
income
1 731
-
5 771
-
social contributions
938
-
2 550
-
health
1 948
-
6 402
-
solidarity contribution
-
-
-
-
total
4 617
-
14 723
-
Employer
14 427
-
47 424
-
social contributions
3 607
-
9 808
-
health
1 298
-
4 268
-
total
4 905
-
14 076
-
Corporate
42 168
61 500
-
-
income
8 012
11 685
-
-
total
8 012
11 685
-
-
Dividends
34 156
49 815
-
-
withholding
5 123
7 472
-
-
total
5 123
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 657
19 157
28 799
26 195
After tax
38 843
42 343
32 701
35 305
Living cost
9 810
9 810
9 810
9 810
Free-cash
29 033
32 533
22 891
25 495

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴19577
-₴13881
-₴13881
-₴13881
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
national
-
-
-
7 238
pensions
-
-
-
300
municipal
-
-
-
12 827
labour market
-
-
-
4 896
total
-
-
-
25 261
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
58 719
58 719
58 719
25 261
After tax
2 781
2 781
2 781
36 239
Living cost
16 662
16 662
16 662
16 662
Free-cash
-13 881
-13 881
-13 881
19 577

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴24633
₴38726
₴27116
₴40869
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
health
-
-
-
7 995
pensions
-
-
-
12 300
income
-
-
-
8 241
total
-
-
-
28 536
Employee
9 785
-
45 964
-
unemployment
156
-
736
-
income
1 102
-
8 862
-
pensions
196
-
919
-
total
1 454
-
10 517
-
Employer
9 785
-
45 964
-
pensions
1 957
-
9 193
-
health
1 272
-
5 975
-
unemployment
79
-
368
-
total
3 308
-
15 536
-
Corporate
48 408
61 500
-
-
income
9 681
12 300
-
-
total
9 681
12 300
-
-
Dividends
38 726
49 200
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
14 443
12 300
26 053
28 536
After tax
47 057
49 200
35 447
32 964
Living cost
8 331
8 331
8 331
8 331
Free-cash
38 726
40 869
27 116
24 633

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴26317
₴26135
₴18973
₴25249
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
national
-
-
-
10 212
health
-
-
-
803
municipal
-
-
-
10 926
total
-
-
-
21 941
Employee
18 147
-
51 737
-
unemployment
272
-
776
-
municipal
2 972
-
8 427
-
national
300
-
6 174
-
pensions
1 225
-
3 492
-
health
135
-
653
-
total
4 904
-
19 522
-
Employer
18 147
-
51 737
-
pensions
3 148
-
8 976
-
health
139
-
399
-
accident
18
-
52
-
unemployment
118
-
336
-
total
3 423
-
9 763
-
Corporate
39 929
61 500
-
-
income
7 986
12 300
-
-
total
7 986
12 300
-
-
Dividends

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

23 957
36 900
-
-
municipal
4 312
6 642
-
-
national
1 498
4 067
-
-
total
5 810
10 709
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 123
23 009
29 285
21 941
After tax
39 377
38 491
32 215
39 559
Living cost
13 242
13 242
13 242
13 242
Free-cash
26 135
25 249
18 973
26 317

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴24012
₴22282
₴23075
₴20364
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
surtax
-
-
-
-
health
-
-
-
2 624
pensions
-
-
-
10 895
social contributions
-
-
-
1 753
income
-
-
-
9 677
other
-
-
-
1 907
total
-
-
-
26 856
Employee
13 177
-
47 614
-
income
679
-
9 246
-
surtax
-
-
-
-
social contributions
376
-
1 356
-
pensions
1 490
-
3 304
-
total
2 545
-
13 906
-
Employer
13 177
-
47 614
-
pensions
2 165
-
5 563
-
social contributions
39
-
143
-
other
455
-
1 855
-
health
922
-
4 398
-
unemployment
533
-
1 928
-
total
4 114
-
13 887
-
Corporate
44 208
61 500
-
-
income
12 378
17 220
-
-
surtax
-
-
-
-
total
12 378
17 220
-
-
Dividends
31 830
44 280
-
-
withholding
4 074
5 668
-
-
social contributions
5 475
7 616
-
-
surtax
-
-
-
-
total
9 549
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 586
30 504
27 793
26 856
After tax
32 914
30 996
33 707
34 644
Living cost
10 632
10 632
10 632
10 632
Free-cash
22 282
20 364
23 075
24 012

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3184
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
₴22843
₴21231
₴21906
₴19195
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
surtax
-
-
-
-
health
-
-
-
2 624
pensions
-
-
-
10 895
social contributions
-
-
-
1 753
income
-
-
-
9 677
other
-
-
-
1 907
total
-
-
-
26 856
Employee
14 762
-
47 614
-
income
871
-
9 246
-
surtax
-
-
-
-
social contributions
421
-
1 356
-
pensions
1 669
-
3 304
-
total
2 961
-
13 906
-
Employer
14 762
-
47 614
-
pensions
2 425
-
5 563
-
social contributions
45
-
143
-
other
509
-
1 855
-
health
1 034
-
4 398
-
unemployment
598
-
1 928
-
total
4 611
-
13 887
-
Corporate
42 128
61 500
-
-
income
11 796
17 220
-
-
surtax
-
-
-
-
total
11 796
17 220
-
-
Dividends
30 332
44 280
-
-
withholding
3 883
5 668
-
-
social contributions
5 217
7 616
-
-
surtax
-
-
-
-
total
9 100
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 468
30 504
27 793
26 856
After tax
33 032
30 996
33 707
34 644
Living cost
11 801
11 801
11 801
11 801
Free-cash
21 231
19 195
21 906
22 843

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴17985
₴16708
₴17048
₴14337
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
surtax
-
-
-
-
health
-
-
-
2 624
pensions
-
-
-
10 895
social contributions
-
-
-
1 753
income
-
-
-
9 677
other
-
-
-
1 907
total
-
-
-
26 856
Employee
21 603
-
47 614
-
income
1 885
-
9 246
-
surtax
-
-
-
-
social contributions
615
-
1 356
-
pensions
2 443
-
3 304
-
total
4 943
-
13 906
-
Employer
21 603
-
47 614
-
pensions
3 550
-
5 563
-
social contributions
65
-
143
-
other
746
-
1 855
-
health
1 512
-
4 398
-
unemployment
875
-
1 928
-
total
6 748
-
13 887
-
Corporate
33 150
61 500
-
-
income
9 282
17 220
-
-
surtax
-
-
-
-
total
9 282
17 220
-
-
Dividends
23 868
44 280
-
-
withholding
3 055
5 668
-
-
social contributions
4 105
7 616
-
-
surtax
-
-
-
-
total
7 160
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
28 133
30 504
27 793
26 856
After tax
33 367
30 996
33 707
34 644
Living cost
16 659
16 659
16 659
16 659
Free-cash
16 708
14 337
17 048
17 985

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3793
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
₴58653
₴55774
₴46968
₴56193
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
2 789
-
61 500
-
income
558
-
12 300
-
total
558
-
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%.

58 711
61 500
-
-
total
-
-
-
-
Dividends
58 711
61 500
-
-
withholding
2 936
3 075
-
-
total
2 936
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
3 494
3 075
12 300
615
After tax
58 006
58 425
49 200
60 885
Living cost
2 232
2 232
2 232
2 232
Free-cash
55 774
56 193
46 968
58 653

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴57408
₴54296
₴45723
₴54948
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
4 347
-
61 500
-
income
869
-
12 300
-
total
869
-
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%.

57 153
61 500
-
-
total
-
-
-
-
Dividends
57 153
61 500
-
-
withholding
2 858
3 075
-
-
total
2 858
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
3 727
3 075
12 300
615
After tax
57 773
58 425
49 200
60 885
Living cost
3 477
3 477
3 477
3 477
Free-cash
54 296
54 948
45 723
57 408

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴19161
₴22845
₴25685
₴18334
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
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.

-
-
-
1 050
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.

-
-
-
2 356
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.

-
-
-
19 093
trade
-
-
-
6 524
total
-
-
-
29 023
Employee

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

17 162
-
61 500
-
income

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

1 411
-
19 093
-
surtax

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

78
-
1 050
-
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.

2 356
-
2 356
-
total
3 845
-
22 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 338
61 500
-
-
trade
6 363
8 825
-
-
income
6 651
9 225
-
-
chamber of commerce
117
143
-
-
surtax

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

366
507
-
-
total
13 497
18 700
-
-
Dividends
30 842
42 800
-
-
withholding
7 580
10 569
-
-
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.

417
581
-
-
total
7 997
11 150
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 339
29 850
22 499
29 023
After tax
36 161
31 650
39 001
32 477
Living cost
13 316
13 316
13 316
13 316
Free-cash
22 845
18 334
25 685
19 161

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴21393
₴24385
₴28554
₴20571
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
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.

-
-
-
1 050
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.

-
-
-
2 356
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.

-
-
-
19 093
trade
-
-
-
7 161
total
-
-
-
29 660
Employee

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

13 192
-
61 500
-
income

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

369
-
19 093
-
surtax

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

20
-
1 050
-
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.

2 356
-
2 356
-
total
2 745
-
22 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 308
61 500
-
-
trade
7 608
9 686
-
-
income
7 246
9 225
-
-
chamber of commerce
122
141
-
-
surtax

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

399
507
-
-
total
15 375
19 559
-
-
Dividends
32 932
41 941
-
-
withholding
8 102
10 354
-
-
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.

446
569
-
-
total
8 548
10 923
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 668
30 482
22 499
29 660
After tax
34 832
31 018
39 001
31 840
Living cost
10 447
10 447
10 447
10 447
Free-cash
24 385
20 571
28 554
21 393

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴17972
₴21998
₴25451
₴17150
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
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.

-
-
-
1 050
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.

-
-
-
2 356
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.

-
-
-
19 093
trade
-
-
-
7 479
total
-
-
-
29 978
Employee

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

17 491
-
61 500
-
income

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

1 503
-
19 093
-
surtax

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

82
-
1 050
-
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.

2 356
-
2 356
-
total
3 941
-
22 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 009
61 500
-
-
trade
7 239
10 117
-
-
income
6 601
9 225
-
-
chamber of commerce
115
140
-
-
surtax

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

363
507
-
-
total
14 318
19 989
-
-
Dividends
29 690
41 511
-
-
withholding
7 292
10 247
-
-
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.

401
564
-
-
total
7 693
10 811
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 952
30 800
22 499
29 978
After tax
35 548
30 700
39 001
31 522
Living cost
13 550
13 550
13 550
13 550
Free-cash
21 998
17 150
25 451
17 972

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
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.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴15403
₴20178
₴23200
₴14583
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
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.

-
-
-
1 050
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.

-
-
-
2 356
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.

-
-
-
19 093
trade
-
-
-
7 797
total
-
-
-
30 296
Employee

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

20 729
-
61 500
-
income

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

2 438
-
19 093
-
surtax

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

134
-
1 050
-
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.

2 356
-
2 356
-
total
4 928
-
22 499
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 771
61 500
-
-
trade
6 992
10 547
-
-
income
6 115
9 225
-
-
chamber of commerce
110
139
-
-
surtax

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

336
507
-
-
total
13 553
20 418
-
-
Dividends
27 217
41 081
-
-
withholding
6 673
10 140
-
-
surtax

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

367
558
-
-
total
7 040
10 698
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 521
31 116
22 499
30 296
After tax
35 979
30 384
39 001
31 204
Living cost
15 801
15 801
15 801
15 801
Free-cash
20 178
14 583
23 200
15 403

Estimated living cost  is ₴15801 per week

₴11540
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.
₴206
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.
₴2792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴21346
₴29839
₴19237
₴30937
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
surtax
-
-
-
2 671
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
17 182
other
-
-
-
-
total
-
-
-
32 407
Employee
11 616
-
51 810
-
unemployment
808
-
3 204
-
other
-
-
-
-
income
1 947
-
15 119
-
surtax
41
-
2 259
-
pensions
775
-
3 070
-
health
297
-
1 174
-
total
3 868
-
24 826
-
Employer
11 616
-
51 810
-
pensions
1 549
-
6 136
-
other
-
-
-
-
health
528
-
2 095
-
unemployment
369
-
1 459
-
total
2 446
-
9 690
-
Corporate
47 439
61 500
-
-
income
12 334
15 990
-
-
total
12 334
15 990
-
-
Dividends
35 105
45 510
-
-
withholding
5 266
6 826
-
-
total
5 266
6 826
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 914
22 816
34 516
32 407
After tax
37 586
38 684
26 984
29 093
Living cost
7 747
7 747
7 747
7 747
Free-cash
29 839
30 937
19 237
21 346

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴21482
₴29999
₴19373
₴31073
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
surtax
-
-
-
2 671
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
17 182
other
-
-
-
-
total
-
-
-
32 407
Employee
11 406
-
51 810
-
unemployment
794
-
3 204
-
other
-
-
-
-
income
1 912
-
15 119
-
surtax
37
-
2 259
-
pensions
761
-
3 070
-
health
291
-
1 174
-
total
3 795
-
24 826
-
Employer
11 406
-
51 810
-
pensions
1 521
-
6 136
-
other
-
-
-
-
health
519
-
2 095
-
unemployment
361
-
1 459
-
total
2 401
-
9 690
-
Corporate
47 693
61 500
-
-
income
12 400
15 990
-
-
total
12 400
15 990
-
-
Dividends
35 293
45 510
-
-
withholding
5 294
6 826
-
-
total
5 294
6 826
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 890
22 816
34 516
32 407
After tax
37 610
38 684
26 984
29 093
Living cost
7 611
7 611
7 611
7 611
Free-cash
29 999
31 073
19 373
21 482

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴35757
₴27855
₴28804
₴27711
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
-
-
-
923
health
-
-
-
4 305
pensions
-
-
-
6 150
income
-
-
-
7 518
total
-
-
-
18 896
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
51 464
-
unemployment
148
59
772
-
income
1 208
481
6 292
-
pensions
988
393
5 146
-
health
692
275
3 603
-
total
3 036
1 208
15 813
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
51 464
-
pensions
1 927
767
10 036
-
total
1 927
767
10 036
-
Corporate
49 689
56 799
-
-
income
4 472
5 112
-
-
total
4 472
5 112
-
-
Dividends
45 217
51 687
-
-
withholding
8 591
9 821
-
-
social contributions
8 772
10 034
-
-
total
17 363
19 855
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 798
26 942
25 849
18 896
After tax
34 702
34 558
35 651
42 604
Living cost
6 847
6 847
6 847
6 847
Free-cash
27 855
27 711
28 804
35 757

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴19249
₴21400
₴19578
₴21677
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
national
-
-
-
10 749
pensions
-
-
-
7 380
social contributions
-
-
-
661
municipal
-
-
-
6 762
total
-
-
-
25 552
Employee
25 887
-
53 166
-
municipal
3 197
-
7 000
-
national
4 955
-
11 271
-
pensions
1 035
-
2 127
-
total
9 187
-
20 398
-
Employer
25 887
-
53 166
-
pensions
2 071
-
4 253
-
social contributions
278
-
572
-
total
2 349
-
4 825
-
Corporate
31 556
61 500
-
-
income

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

6 311
12 300
-
-
total
6 311
12 300
-
-
Dividends
25 245
49 200
-
-
withholding
5 554
10 824
-
-
total
5 554
10 824
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 401
23 124
25 223
25 552
After tax
38 099
38 376
36 277
35 948
Living cost
16 699
16 699
16 699
16 699
Free-cash
21 400
21 677
19 578
19 249

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
₴12675
₴24164
₴12675
₴23401
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
social contributions
-
-
-
10 278
income
-
-
-
18 899
total
-
-
-
29 177
Employee
26 980
-
61 500
-
social contributions
2 241
-
10 278
-
income
5 091
-
18 899
-
total
7 332
-
29 177
-
Employer
26 980
-
61 500
-
total
-
-
-
-
Corporate
34 520
61 500
-
-
income
4 315
7 688
-
-
total
4 315
7 688
-
-
Dividends
30 205
53 812
-
-
withholding
6 041
10 763
-
-
total
6 041
10 763
-
-
Income
61 500
61 500
61 500
61 500
Total tax
17 688
18 451
29 177
29 177
After tax
43 812
43 049
32 323
32 323
Living cost
19 648
19 648
19 648
19 648
Free-cash
24 164
23 401
12 675
12 675

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
₴14795
₴16458
₴12016
₴18259
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
national
-
-
-
15 241
regional
-
-
-
727
social contributions
-
-
-
15 818
municipal
-
-
-
365
total
-
-
-
32 151
Employee
30 654
-
61 500
-
municipal
162
-
326
-
national
5 312
-
13 224
-
social contributions
10 337
-
20 738
-
regional
289
-
642
-
total
16 100
-
34 930
-
Employer
30 654
-
61 500
-
total
-
-
-
-
Corporate
30 846
61 500
-
-
nationa
7 403
14 760
-
-
municipal
1 203
2 398
-
-
total
8 606
17 158
-
-
Dividends
22 240
44 342
-
-
withholding
5 782
11 529
-
-
total
5 782
11 529
-
-
Income
61 500
61 500
61 500
61 500
Total tax
30 488
28 687
34 930
32 151
After tax
31 012
32 813
26 570
29 349
Living cost
14 554
14 554
14 554
14 554
Free-cash
16 458
18 259
12 016
14 795

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴19858
₴22269
₴17093
₴23034
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
national
-
-
-
15 241
regional
-
-
-
927
social contributions
-
-
-
15 818
municipal
-
-
-
365
total
-
-
-
32 351
Employee
19 133
-
61 500
-
municipal
101
-
326
-
national
3 031
-
13 224
-
social contributions
6 452
-
20 738
-
regional
258
-
828
-
total
9 842
-
35 116
-
Employer
19 133
-
61 500
-
total
-
-
-
-
Corporate
42 367
61 500
-
-
nationa
10 168
14 760
-
-
municipal
2 106
3 057
-
-