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
₴ 62000
per

Your estimated
City
free-cash

Andorra , Andorra
₴35251
₴44272
₴36897
₴45432
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
-
-
-
62 000
social contributions
-
-
-
13 640
income
-
-
-
2 741
total
-
-
-
16 381
Employee
11 089
-
53 679
-
social contributions
721
-
3 489
-
income
-
-
2 925
-
total
721
-
6 414
-
Employer
11 089
-
53 679
-
social contributions
1 719
-
8 321
-
total
1 719
-
8 321
-
Corporate
49 192
62 000
-
-
income
4 920
6 200
-
-
total
4 920
6 200
-
-
Dividends
44 273
55 800
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
7 360
6 200
14 735
16 381
After tax
54 640
55 800
47 265
45 619
Living cost
10 368
10 368
10 368
10 368
Free-cash
44 272
45 432
36 897
35 251

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
₴20889
₴23156
₴5431
₴23326
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
-
-
-
62 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
248
pensions
-
-
-
7 455
income
-
-
-
17 207
total
-
-
-
30 107
Employee
15 077
13 745
49 716
-
unemployment
452
412
1 209
-
other
151
137
403
-
income
1 343
1 014
13 881
-
pensions
1 544
1 407
4 126
-
health
583
532
1 559
-
total
4 073
3 502
21 178
-
Employer
15 077
13 745
49 716
-
pensions
1 892
1 725
5 057
-
surtax
-
-
-
-
payroll
452
412
1 492
-
other
716
653
2 281
-
health
570
520
1 523
-
accident
196
179
524
-
unemployment
452
412
1 209
-
chamber of commerce
60
55
199
-
total
4 338
3 956
12 285
-
Corporate
42 584
44 299
48 406
-
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.

10 646
11 075
12 102
-
total
10 646
11 075
12 102
-
Dividends
31 938
33 224
-
-
withholding
8 783
9 137
-
-
total
8 783
9 137
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 840
27 670
45 565
30 107
After tax
34 160
34 330
16 435
31 893
Living cost
11 004
11 004
11 004
11 004
Free-cash
23 156
23 326
5 431
20 889

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
₴19671
₴21606
₴4265
₴22140
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
-
-
-
62 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
248
pensions
-
-
-
7 455
income
-
-
-
17 207
total
-
-
-
30 175
Employee
17 237
13 745
49 653
-
unemployment
517
412
1 209
-
other
172
137
403
-
income
1 962
1 014
13 851
-
pensions
1 765
1 407
4 126
-
health
667
532
1 559
-
total
5 083
3 502
21 148
-
Employer
17 237
13 745
49 653
-
pensions
2 163
1 725
5 057
-
surtax
68
68
68
-
payroll
517
412
1 490
-
other
819
653
2 278
-
health
651
520
1 523
-
accident
224
179
524
-
unemployment
517
412
1 209
-
chamber of commerce
69
55
198
-
total
5 028
4 024
12 347
-
Corporate
39 734
44 230
48 344
-
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.

9 933
11 058
12 086
-
total
9 933
11 058
12 086
-
Dividends
29 801
33 173
-
-
withholding
8 196
9 122
-
-
total
8 196
9 122
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 240
27 706
45 581
30 175
After tax
33 760
34 294
16 419
31 825
Living cost
12 154
12 154
12 154
12 154
Free-cash
21 606
22 140
4 265
19 671

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
₴14312
₴16923
₴9182
₴22096
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
-
-
-
62 000
national
-
-
-
23 309
communal

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

-
-
-
3 204
social contributions
-
-
-
8 599
total
-
-
-
35 112
Employee

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

24 672
-
48 021
-
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
-
418
-
national
7 585
-
17 482
-
communal

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

1 287
-
2 505
-
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
-
3 601
-
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
-
2 257
-
total
12 096
-
26 263
-
Employer

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

24 672
-
48 021
-
surtax
2 798
-
5 446
-
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
-
4 255
-
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
-
2 953
-
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
-
624
-
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
-
701
-
total
7 182
-
13 979
-
Corporate
30 146
62 000
-
-
income
6 029
12 400
-
-
surtax
120
248
-
-
total
6 149
12 648
-
-
Dividends
23 997
49 352
-
-
withholding

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

7 074
14 680
-
-
total
7 074
14 680
-
-
Income
62 000
62 000
62 000
62 000
Total tax
32 501
27 328
40 242
35 112
After tax
29 499
34 672
21 758
26 888
Living cost
12 576
12 576
12 576
12 576
Free-cash
16 923
22 096
9 182
14 312

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
₴43569
₴44992
₴46015
₴47089
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
-
-
-
62 000
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
-
-
-
9 300
total
-
-
-
12 510
Employee
7 841
-
59 641
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
5 964
-
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
-
7 705
-
Employer
7 841
-
59 641
-
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
52 621
62 000
-
-
income
5 262
6 200
-
-
total
5 262
6 200
-
-
Dividends
47 359
55 800
-
-
withholding
2 368
2 790
-
-
total
2 368
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
11 087
8 990
10 064
12 510
After tax
50 913
53 010
51 936
49 490
Living cost
5 921
5 921
5 921
5 921
Free-cash
44 992
47 089
46 015
43 569

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
₴44977
₴46897
₴47423
₴48497
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
-
-
-
62 000
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
-
-
-
9 300
total
-
-
-
12 510
Employee
5 976
-
59 641
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
5 964
-
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
-
7 705
-
Employer
5 976
-
59 641
-
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
54 851
62 000
-
-
income
5 485
6 200
-
-
total
5 485
6 200
-
-
Dividends
49 366
55 800
-
-
withholding
2 468
2 790
-
-
total
2 468
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
10 590
8 990
10 064
12 510
After tax
51 410
53 010
51 936
49 490
Living cost
4 513
4 513
4 513
4 513
Free-cash
46 897
48 497
47 423
44 977

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
₴34329
₴35361
₴33787
₴37240
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
-
-
-
62 000
health
-
-
-
1 581
social contributions
-
-
-
5 581
income
-
-
-
12 523
total
-
-
-
19 685
Employee
26 522
26 522
57 959
-
income
2 888
2 455
12 232
-
social contributions
1 003
2 201
2 969
-
health
206
451
985
-
total
4 097
5 107
16 186
-
Employer
26 522
26 522
57 959
-
social contributions
1 003
2 201
2 969
-
health
223
491
1 072
-
total
1 226
2 692
4 041
-
Corporate
48 692
32 785
-
-
income
6 087
4 098
-
-
total
6 087
4 098
-
-
Dividends
42 606
28 687
-
-
withholding
7 243
4 877
-
-
total
7 243
4 877
-
-
Income
62 000
62 000
62 000
62 000
Total tax
18 653
16 774
20 227
19 685
After tax
43 347
45 226
41 773
42 315
Living cost
7 986
7 986
7 986
7 986
Free-cash
35 361
37 240
33 787
34 329

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
₴31128
₴32608
₴30586
₴34039
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
-
-
-
62 000
health
-
-
-
1 581
social contributions
-
-
-
5 581
income
-
-
-
12 523
total
-
-
-
19 685
Employee
26 522
26 522
57 959
-
income
2 785
2 455
12 232
-
social contributions
1 289
2 201
2 969
-
health
264
451
985
-
total
4 338
5 107
16 186
-
Employer
26 522
26 522
57 959
-
social contributions
1 289
2 201
2 969
-
health
287
491
1 072
-
total
1 576
2 692
4 041
-
Corporate
44 899
32 785
-
-
income
5 612
4 098
-
-
total
5 612
4 098
-
-
Dividends
39 287
28 687
-
-
withholding
6 679
4 877
-
-
total
6 679
4 877
-
-
Income
62 000
62 000
62 000
62 000
Total tax
18 205
16 774
20 227
19 685
After tax
43 795
45 226
41 773
42 315
Living cost
11 187
11 187
11 187
11 187
Free-cash
32 608
34 039
30 586
31 128

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
₴27681
₴31885
₴25078
₴34726
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
-
-
-
62 000
health
-
-
-
8 370
social contributions
-
-
-
11 456
income
-
-
-
6 326
solidarity contribution
-
-
-
206
total
-
-
-
26 358
Employee
11 708
-
47 882
-
income
1 405
-
5 830
-
social contributions
761
-
2 550
-
health
1 581
-
6 464
-
solidarity contribution
-
-
-
-
total
3 747
-
14 844
-
Employer
11 708
-
47 882
-
social contributions
2 927
-
9 808
-
health
1 054
-
4 309
-
total
3 981
-
14 117
-
Corporate
46 312
62 000
-
-
income
8 799
11 780
-
-
total
8 799
11 780
-
-
Dividends
37 513
50 220
-
-
withholding
5 627
7 533
-
-
total
5 627
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 154
19 313
28 961
26 358
After tax
39 846
42 687
33 039
35 642
Living cost
7 961
7 961
7 961
7 961
Free-cash
31 885
34 726
25 078
27 681

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
₴25832
₴29377
₴23229
₴32877
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
-
-
-
62 000
health
-
-
-
8 370
social contributions
-
-
-
11 456
income
-
-
-
6 326
solidarity contribution
-
-
-
206
total
-
-
-
26 358
Employee
14 427
-
47 882
-
income
1 731
-
5 830
-
social contributions
938
-
2 550
-
health
1 948
-
6 464
-
solidarity contribution
-
-
-
-
total
4 617
-
14 844
-
Employer
14 427
-
47 882
-
social contributions
3 607
-
9 808
-
health
1 298
-
4 309
-
total
4 905
-
14 117
-
Corporate
42 668
62 000
-
-
income
8 107
11 780
-
-
total
8 107
11 780
-
-
Dividends
34 561
50 220
-
-
withholding
5 184
7 533
-
-
total
5 184
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 813
19 313
28 961
26 358
After tax
39 187
42 687
33 039
35 642
Living cost
9 810
9 810
9 810
9 810
Free-cash
29 377
32 877
23 229
25 832

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
₴19843
-₴13381
-₴13381
-₴13381
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
-
-
-
62 000
national
-
-
-
7 313
pensions
-
-
-
300
municipal
-
-
-
12 946
labour market
-
-
-
4 936
total
-
-
-
25 495
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
62 000
62 000
62 000
62 000
Total tax
58 719
58 719
58 719
25 495
After tax
3 281
3 281
3 281
36 505
Living cost
16 662
16 662
16 662
16 662
Free-cash
-13 381
-13 381
-13 381
19 843

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
₴24901
₴39125
₴27404
₴41269
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
-
-
-
62 000
health
-
-
-
8 060
pensions
-
-
-
12 400
income
-
-
-
8 308
total
-
-
-
28 768
Employee
9 785
-
46 338
-
unemployment
156
-
742
-
income
1 102
-
8 934
-
pensions
196
-
927
-
total
1 454
-
10 603
-
Employer
9 785
-
46 338
-
pensions
1 957
-
9 268
-
health
1 272
-
6 024
-
unemployment
79
-
370
-
total
3 308
-
15 662
-
Corporate
48 908
62 000
-
-
income
9 782
12 400
-
-
total
9 782
12 400
-
-
Dividends
39 126
49 600
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
14 544
12 400
26 265
28 768
After tax
47 456
49 600
35 735
33 232
Living cost
8 331
8 331
8 331
8 331
Free-cash
39 125
41 269
27 404
24 901

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
₴26567
₴26430
₴19204
₴25531
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

-
-
-
62 000
national
-
-
-
10 366
health
-
-
-
811
municipal
-
-
-
11 014
total
-
-
-
22 191
Employee
18 147
-
52 158
-
unemployment
272
-
782
-
municipal
2 972
-
8 495
-
national
300
-
6 255
-
pensions
1 225
-
3 521
-
health
135
-
659
-
total
4 904
-
19 712
-
Employer
18 147
-
52 158
-
pensions
3 148
-
9 049
-
health
139
-
402
-
accident
18
-
52
-
unemployment
118
-
339
-
total
3 423
-
9 842
-
Corporate
40 429
62 000
-
-
income
8 086
12 400
-
-
total
8 086
12 400
-
-
Dividends

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

24 258
37 200
-
-
municipal
4 366
6 696
-
-
national
1 549
4 131
-
-
total
5 915
10 827
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 328
23 227
29 554
22 191
After tax
39 672
38 773
32 446
39 809
Living cost
13 242
13 242
13 242
13 242
Free-cash
26 430
25 531
19 204
26 567

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
₴24287
₴22535
₴23293
₴20616
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
-
-
-
62 000
surtax
-
-
-
-
health
-
-
-
2 660
pensions
-
-
-
10 936
social contributions
-
-
-
1 767
income
-
-
-
9 796
other
-
-
-
1 922
total
-
-
-
27 081
Employee
13 177
-
47 972
-
income
679
-
9 340
-
surtax
-
-
-
-
social contributions
376
-
1 367
-
pensions
1 490
-
3 340
-
total
2 545
-
14 047
-
Employer
13 177
-
47 972
-
pensions
2 165
-
5 623
-
social contributions
39
-
144
-
other
455
-
1 874
-
health
922
-
4 444
-
unemployment
533
-
1 943
-
total
4 114
-
14 028
-
Corporate
44 708
62 000
-
-
income
12 518
17 360
-
-
surtax
-
-
-
-
total
12 518
17 360
-
-
Dividends
32 190
44 640
-
-
withholding
4 120
5 714
-
-
social contributions
5 536
7 678
-
-
surtax
-
-
-
-
total
9 656
13 392
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 833
30 752
28 075
27 081
After tax
33 167
31 248
33 925
34 919
Living cost
10 632
10 632
10 632
10 632
Free-cash
22 535
20 616
23 293
24 287

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
₴23118
₴21483
₴22124
₴19447
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
-
-
-
62 000
surtax
-
-
-
-
health
-
-
-
2 660
pensions
-
-
-
10 936
social contributions
-
-
-
1 767
income
-
-
-
9 796
other
-
-
-
1 922
total
-
-
-
27 081
Employee
14 762
-
47 972
-
income
871
-
9 340
-
surtax
-
-
-
-
social contributions
421
-
1 367
-
pensions
1 669
-
3 340
-
total
2 961
-
14 047
-
Employer
14 762
-
47 972
-
pensions
2 425
-
5 623
-
social contributions
45
-
144
-
other
509
-
1 874
-
health
1 034
-
4 444
-
unemployment
598
-
1 943
-
total
4 611
-
14 028
-
Corporate
42 628
62 000
-
-
income
11 936
17 360
-
-
surtax
-
-
-
-
total
11 936
17 360
-
-
Dividends
30 693
44 640
-
-
withholding
3 929
5 714
-
-
social contributions
5 279
7 678
-
-
surtax
-
-
-
-
total
9 208
13 392
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 716
30 752
28 075
27 081
After tax
33 284
31 248
33 925
34 919
Living cost
11 801
11 801
11 801
11 801
Free-cash
21 483
19 447
22 124
23 118

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
₴18260
₴16960
₴17266
₴14589
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
-
-
-
62 000
surtax
-
-
-
-
health
-
-
-
2 660
pensions
-
-
-
10 936
social contributions
-
-
-
1 767
income
-
-
-
9 796
other
-
-
-
1 922
total
-
-
-
27 081
Employee
21 603
-
47 972
-
income
1 885
-
9 340
-
surtax
-
-
-
-
social contributions
615
-
1 367
-
pensions
2 443
-
3 340
-
total
4 943
-
14 047
-
Employer
21 603
-
47 972
-
pensions
3 550
-
5 623
-
social contributions
65
-
144
-
other
746
-
1 874
-
health
1 512
-
4 444
-
unemployment
875
-
1 943
-
total
6 748
-
14 028
-
Corporate
33 650
62 000
-
-
income
9 422
17 360
-
-
surtax
-
-
-
-
total
9 422
17 360
-
-
Dividends
24 228
44 640
-
-
withholding
3 101
5 714
-
-
social contributions
4 167
7 678
-
-
surtax
-
-
-
-
total
7 268
13 392
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 381
30 752
28 075
27 081
After tax
33 619
31 248
33 925
34 919
Living cost
16 659
16 659
16 659
16 659
Free-cash
16 960
14 589
17 266
18 260

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
₴59148
₴56249
₴47368
₴56668
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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
2 789
-
62 000
-
income
558
-
12 400
-
total
558
-
12 400
-
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%.

59 211
62 000
-
-
total
-
-
-
-
Dividends
59 211
62 000
-
-
withholding
2 961
3 100
-
-
total
2 961
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
3 519
3 100
12 400
620
After tax
58 481
58 900
49 600
61 380
Living cost
2 232
2 232
2 232
2 232
Free-cash
56 249
56 668
47 368
59 148

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
₴57903
₴54771
₴46123
₴55423
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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
4 347
-
62 000
-
income
869
-
12 400
-
total
869
-
12 400
-
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%.

57 653
62 000
-
-
total
-
-
-
-
Dividends
57 653
62 000
-
-
withholding
2 883
3 100
-
-
total
2 883
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
3 752
3 100
12 400
620
After tax
58 248
58 900
49 600
61 380
Living cost
3 477
3 477
3 477
3 477
Free-cash
54 771
55 423
46 123
57 903

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
₴19367
₴23103
₴25963
₴18591
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.

-
-
-
62 000
surtax

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

-
-
-
1 062
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.

-
-
-
19 303
trade
-
-
-
6 596
total
-
-
-
29 317
Employee

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

17 162
-
62 000
-
income

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

1 411
-
19 303
-
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
-
1 062
-
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
-
22 721
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 838
62 000
-
-
trade
6 434
8 897
-
-
income
6 725
9 300
-
-
chamber of commerce
118
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.

370
511
-
-
total
13 647
18 851
-
-
Dividends
31 191
43 148
-
-
withholding
7 667
10 656
-
-
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.

422
586
-
-
total
8 089
11 242
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 581
30 093
22 721
29 317
After tax
36 419
31 907
39 279
32 683
Living cost
13 316
13 316
13 316
13 316
Free-cash
23 103
18 591
25 963
19 367

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
₴21593
₴24637
₴28832
₴20823
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.

-
-
-
62 000
surtax

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

-
-
-
1 062
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.

-
-
-
19 303
trade
-
-
-
7 239
total
-
-
-
29 960
Employee

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

13 192
-
62 000
-
income

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

369
-
19 303
-
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
-
1 062
-
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
-
22 721
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 808
62 000
-
-
trade
7 687
9 765
-
-
income
7 321
9 300
-
-
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.

403
511
-
-
total
15 533
19 717
-
-
Dividends
33 275
42 283
-
-
withholding
8 188
10 439
-
-
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.

450
574
-
-
total
8 638
11 013
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 916
30 730
22 721
29 960
After tax
35 084
31 270
39 279
32 040
Living cost
10 447
10 447
10 447
10 447
Free-cash
24 637
20 823
28 832
21 593

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
₴18168
₴22246
₴25729
₴17400
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.

-
-
-
62 000
surtax

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

-
-
-
1 062
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.

-
-
-
19 303
trade
-
-
-
7 561
total
-
-
-
30 282
Employee

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

17 491
-
62 000
-
income

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

1 503
-
19 303
-
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
-
1 062
-
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
-
22 721
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 509
62 000
-
-
trade
7 322
10 199
-
-
income
6 676
9 300
-
-
chamber of commerce
116
141
-
-
surtax

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

367
511
-
-
total
14 481
20 151
-
-
Dividends
30 027
41 849
-
-
withholding
7 376
10 331
-
-
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.

406
568
-
-
total
7 782
10 899
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 204
31 050
22 721
30 282
After tax
35 796
30 950
39 279
31 718
Living cost
13 550
13 550
13 550
13 550
Free-cash
22 246
17 400
25 729
18 168

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
₴15595
₴20422
₴23478
₴14831
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.

-
-
-
62 000
surtax

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

-
-
-
1 062
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.

-
-
-
19 303
trade
-
-
-
7 883
total
-
-
-
30 604
Employee

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

20 729
-
62 000
-
income

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

2 438
-
19 303
-
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
-
1 062
-
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
-
22 721
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 271
62 000
-
-
trade
7 078
10 633
-
-
income
6 191
9 300
-
-
chamber of commerce
111
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.

340
511
-
-
total
13 720
20 583
-
-
Dividends
27 551
41 417
-
-
withholding
6 757
10 223
-
-
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.

372
562
-
-
total
7 129
10 785
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 777
31 368
22 721
30 604
After tax
36 223
30 632
39 279
31 396
Living cost
15 801
15 801
15 801
15 801
Free-cash
20 422
14 831
23 478
15 595

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
₴21575
₴30154
₴19467
₴31251
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
-
-
-
62 000
surtax
-
-
-
2 716
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
17 408
other
-
-
-
-
total
-
-
-
32 678
Employee
11 616
-
52 310
-
unemployment
808
-
3 204
-
other
-
-
-
-
income
1 947
-
15 344
-
surtax
41
-
2 304
-
pensions
775
-
3 070
-
health
297
-
1 174
-
total
3 868
-
25 096
-
Employer
11 616
-
52 310
-
pensions
1 549
-
6 136
-
other
-
-
-
-
health
528
-
2 095
-
unemployment
369
-
1 459
-
total
2 446
-
9 690
-
Corporate
47 939
62 000
-
-
income
12 464
16 120
-
-
total
12 464
16 120
-
-
Dividends
35 475
45 880
-
-
withholding
5 321
6 882
-
-
total
5 321
6 882
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 099
23 002
34 786
32 678
After tax
37 901
38 998
27 214
29 322
Living cost
7 747
7 747
7 747
7 747
Free-cash
30 154
31 251
19 467
21 575

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
₴21711
₴30313
₴19603
₴31387
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
-
-
-
62 000
surtax
-
-
-
2 716
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
17 408
other
-
-
-
-
total
-
-
-
32 678
Employee
11 406
-
52 310
-
unemployment
794
-
3 204
-
other
-
-
-
-
income
1 912
-
15 344
-
surtax
37
-
2 304
-
pensions
761
-
3 070
-
health
291
-
1 174
-
total
3 795
-
25 096
-
Employer
11 406
-
52 310
-
pensions
1 521
-
6 136
-
other
-
-
-
-
health
519
-
2 095
-
unemployment
361
-
1 459
-
total
2 401
-
9 690
-
Corporate
48 193
62 000
-
-
income
12 530
16 120
-
-
total
12 530
16 120
-
-
Dividends
35 663
45 880
-
-
withholding
5 350
6 882
-
-
total
5 350
6 882
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 076
23 002
34 786
32 678
After tax
37 924
38 998
27 214
29 322
Living cost
7 611
7 611
7 611
7 611
Free-cash
30 313
31 387
19 603
21 711

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
₴36104
₴28134
₴29095
₴27991
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
-
-
-
62 000
unemployment
-
-
-
930
health
-
-
-
4 340
pensions
-
-
-
6 200
income
-
-
-
7 579
total
-
-
-
19 049
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
51 883
-
unemployment
148
59
778
-
income
1 208
481
6 343
-
pensions
988
393
5 188
-
health
692
275
3 632
-
total
3 036
1 208
15 941
-
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
51 883
-
pensions
1 927
767
10 117
-
total
1 927
767
10 117
-
Corporate
50 189
57 299
-
-
income
4 517
5 157
-
-
total
4 517
5 157
-
-
Dividends
45 672
52 142
-
-
withholding
8 678
9 907
-
-
social contributions
8 861
10 123
-
-
total
17 539
20 030
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 019
27 162
26 058
19 049
After tax
34 981
34 838
35 942
42 951
Living cost
6 847
6 847
6 847
6 847
Free-cash
28 134
27 991
29 095
36 104

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
₴19497
₴21712
₴19830
₴21989
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
-
-
-
62 000
national
-
-
-
10 877
pensions
-
-
-
7 440
social contributions
-
-
-
667
municipal
-
-
-
6 820
total
-
-
-
25 804
Employee
25 887
-
53 598
-
municipal
3 197
-
7 060
-
national
4 955
-
11 403
-
pensions
1 035
-
2 144
-
total
9 187
-
20 607
-
Employer
25 887
-
53 598
-
pensions
2 071
-
4 288
-
social contributions
278
-
576
-
total
2 349
-
4 864
-
Corporate
32 056
62 000
-
-
income

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

6 411
12 400
-
-
total
6 411
12 400
-
-
Dividends
25 645
49 600
-
-
withholding
5 642
10 912
-
-
total
5 642
10 912
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 589
23 312
25 471
25 804
After tax
38 411
38 688
36 529
36 196
Living cost
16 699
16 699
16 699
16 699
Free-cash
21 712
21 989
19 830
19 497

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
₴12880
₴24514
₴12880
₴23752
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
-
-
-
62 000
social contributions
-
-
-
10 373
income
-
-
-
19 099
total
-
-
-
29 472
Employee
26 980
-
62 000
-
social contributions
2 241
-
10 373
-
income
5 091
-
19 099
-
total
7 332
-
29 472
-
Employer
26 980
-
62 000
-
total
-
-
-
-
Corporate
35 020
62 000
-
-
income
4 378
7 750
-
-
total
4 378
7 750
-
-
Dividends
30 642
54 250
-
-
withholding
6 128
10 850
-
-
total
6 128
10 850
-
-
Income
62 000
62 000
62 000
62 000
Total tax
17 838
18 600
29 472
29 472
After tax
44 162
43 400
32 528
32 528
Living cost
19 648
19 648
19 648
19 648
Free-cash
24 514
23 752
12 880
12 880

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
₴15004
₴16724
₴12203
₴18525
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
-
-
-
62 000
national
-
-
-
15 393
regional
-
-
-
733
social contributions
-
-
-
15 947
municipal
-
-
-
369
total
-
-
-
32 442
Employee
30 654
-
62 000
-
municipal
162
-
329
-
national
5 312
-
13 360
-
social contributions
10 337
-
20 906
-
regional
289
-
648
-
total
16 100
-
35 243
-
Employer
30 654
-
62 000
-
total
-
-
-
-
Corporate
31 346
62 000
-
-
nationa
7 523
14 880
-
-
municipal
1 223
2 418
-
-
total
8 746
17 298
-
-
Dividends
22 600
44 702
-
-
withholding
5 876
11 623
-
-
total
5 876
11 623
-
-
Income
62 000
62 000
62 000
62 000
Total tax
30 722
28 921
35 243
32 442
After tax
31 278
33 079
26 757
29 558
Living cost
14 554
14 554
14 554
14 554
Free-cash
16 724
18 525
12 203
15 004

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
₴20065
₴22531
₴17280
₴23297
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
-
-
-
62 000
national
-
-
-
15 393
regional
-
-
-
935
social contributions
-
-
-
15 947
municipal
-
-
-
369
total
-
-
-
32 644
Employee
19 133
-
62 000
-
municipal
101
-
329
-
national
3 031
-
13 360
-
social contributions
6 452
-
20 906
-
regional
258
-
834
-
total
9 842
-
35 429
-
Employer
19 133
-
62 000
-
total
-
-
-
-
Corporate
42 867
62 000
-
-
nationa
10 288
14 880
-
-
municipal
2 131
3 082
-
-