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
₴ 62500
per

Your estimated
City
free-cash

Valencia , Spain
₴31852
₴25340
₴26616
₴33194
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
-
-
-
62 500
unemployment
-
-
-
197
income
-
-
-
19 073
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 973
total
-
-
-
27 525
Employee
11 240
-
53 518
-
unemployment
174
-
437
-
pensions
528
-
1 324
-
income
2 167
-
18 029
-
other
11
-
28
-
total
2 880
-
19 818
-
Employer
11 240
-
53 518
-
pensions
2 652
-
6 650
-
accident
223
-
558
-
unemployment
618
-
1 549
-
other
90
-
226
-
total
3 583
-
8 983
-
Corporate
47 677
62 500
-
-
income

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

7 151
9 375
-
-
total
7 151
9 375
-
-
Dividends
40 525
53 125
-
-
withholding
8 675
11 572
-
-
total
8 675
11 572
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 289
20 947
28 801
27 525
After tax
40 211
41 553
33 699
34 975
Living cost
8 359
8 359
8 359
8 359
Free-cash
31 852
33 194
25 340
26 616

Estimated living cost  is ₴8359 per week

₴5642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴35766
₴28038
₴28568
₴37819
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
-
-
-
62 500
pensions

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

-
-
-
11 094
income
-
-
-
10 508
other
-
-
-
2 196
health
-
-
-
2 034
total
-
-
-
25 832
Employee
11 037
-
50 814
-
health
155
-
647
-
unemployment
110
-
462
-
pensions

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

772
-
3 236
-
income
1 900
-
10 331
-
total
2 937
-
14 676
-
Employer
11 037
-
50 814
-
health
155
-
647
-
pensions

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

1 877
-
7 859
-
accident
88
-
407
-
unemployment
110
-
462
-
other
552
-
2 311
-
total
2 782
-
11 686
-
Corporate
48 681
62 500
-
-
income
10 223
13 125
-
-
total
10 223
13 125
-
-
Dividends
38 458
49 375
-
-
withholding
2 692
3 456
-
-
total
2 692
3 456
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 634
16 581
26 362
25 832
After tax
43 866
45 919
36 138
36 668
Living cost
8 100
8 100
8 100
8 100
Free-cash
35 766
37 819
28 038
28 568

Estimated living cost  is ₴8100 per week

₴5723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1699
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
₴48045
₴48859
₴46312
₴49457
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
-
-
-
62 500
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
9 375
health
-
-
-
1 220
total
-
-
-
12 207
Employee
5 272
-
60 419
-
health
242
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
931
-
income
527
-
6 042
-
total
1 290
-
7 578
-
Employer
5 272
-
60 419
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
56 194
62 500
-
-
income
5 620
6 250
-
-
total
5 620
6 250
-
-
Dividends
50 575
56 250
-
-
withholding
2 529
2 812
-
-
total
2 529
2 812
-
-
Income
62 500
62 500
62 500
62 500
Total tax
10 474
9 062
9 660
12 207
After tax
52 026
53 438
52 840
50 293
Living cost
3 981
3 981
3 981
3 981
Free-cash
48 045
49 457
48 859
46 312

Estimated living cost  is ₴3981 per week

₴2324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴105
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.
₴1267
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
₴22896
₴22854
₴24311
₴21100
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
-
-
-
62 500
income
-
-
-
10 857
other
-
-
-
1 938
health
-
-
-
2 922
social contributions
-
-
-
1 781
pensions
-
-
-
10 291
surtax
-
-
-
-
total
-
-
-
27 789
Employee
13 010
-
47 930
-
pensions
1 471
-
3 515
-
income
768
-
9 795
-
social contributions
371
-
1 365
-
surtax
-
-
-
-
total
2 610
-
14 675
-
Employer
13 010
-
47 930
-
health
911
-
4 651
-
social contributions
39
-
144
-
pensions
2 137
-
5 887
-
unemployment
527
-
1 941
-
other
449
-
1 948
-
total
4 063
-
14 571
-
Corporate
45 427
62 500
-
-
income
12 720
17 500
-
-
surtax
-
-
-
-
total
12 720
17 500
-
-
Dividends
32 707
45 000
-
-
social contributions
5 625
7 740
-
-
surtax
-
-
-
-
withholding
4 186
5 760
-
-
total
9 811
13 500
-
-
Income
62 500
62 500
62 500
62 500
Total tax
29 204
31 000
29 246
27 789
After tax
33 296
31 500
33 254
34 711
Living cost
10 400
10 400
10 400
10 400
Free-cash
22 896
21 100
22 854
24 311

Estimated living cost  is ₴10400 per week

₴6558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴16480
₴27249
₴21148
₴18342
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
-
-
-
62 500
pensions
-
-
-
3 562
income
-
-
-
21 308
health
-
-
-
3 748
total
-
-
-
28 618
Employee
25 959
25 959
56 851
-
health
3 984
3 389
3 748
-
pensions
4 673
3 562
3 562
-
income

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

4 249
4 249
9 558
-
total
12 906
11 200
16 868
-
Employer
25 959
25 959
56 851
-
health
1 804
1 804
2 242
-
pensions
1 807
1 807
2 246
-
unemployment
935
935
1 161
-
total
4 546
4 546
5 649
-
Corporate
32 314
31 995
-
-
income
6 463
6 399
-
-
total
6 463
6 399
-
-
Dividends
25 851
25 596
-
-
income
5 493
5 439
-
-
withholding
3 878
3 840
-
-
total
9 371
9 279
-
-
Income
62 500
62 500
62 500
62 500
Total tax
33 286
31 424
22 517
28 618
After tax
29 214
31 076
39 983
33 882
Living cost
12 734
12 734
12 734
12 734
Free-cash
16 480
18 342
27 249
21 148

Estimated living cost  is ₴12734 per week

₴9024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
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.
₴2359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴25662
₴29786
₴22168
₴22300
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.

-
-
-
62 500
trade
-
-
-
7 618
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.

-
-
-
20 313
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.

-
-
-
2 077
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.

-
-
-
1 117
total
-
-
-
31 125
Employee

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

11 627
-
62 500
-
health

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

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

2 077
-
2 077
-
income

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

325
-
20 313
-
surtax

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

18
-
1 117
-
total
2 420
-
23 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 873
62 500
-
-
income
7 631
9 375
-
-
trade
8 013
9 844
-
-
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.

420
516
-
-
chamber of commerce
119
136
-
-
total
16 183
19 871
-
-
Dividends
34 691
42 629
-
-
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.

471
580
-
-
withholding
8 557
10 542
-
-
total
9 028
11 122
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 631
30 993
23 507
31 125
After tax
34 869
31 507
38 993
31 375
Living cost
9 207
9 207
9 207
9 207
Free-cash
25 662
22 300
29 786
22 168

Estimated living cost  is ₴9207 per week

₴5792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴36872
₴34705
₴35233
₴38527
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
-
-
-
62 500
income
-
-
-
13 717
health
-
-
-
1 594
social contributions
-
-
-
4 918
total
-
-
-
20 229
Employee
23 375
23 375
58 795
-
health
181
397
1 000
-
income
2 545
2 164
13 435
-
social contributions
884
1 940
2 617
-
total
3 610
4 501
17 052
-
Employer
23 375
23 375
58 795
-
health
197
433
1 088
-
social contributions
884
1 940
2 617
-
total
1 081
2 373
3 705
-
Corporate
50 772
36 753
-
-
income
6 347
4 594
-
-
total
6 347
4 594
-
-
Dividends
44 425
32 158
-
-
withholding
7 552
5 467
-
-
total
7 552
5 467
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 590
16 935
20 757
20 229
After tax
43 910
45 565
41 743
42 271
Living cost
7 038
7 038
7 038
7 038
Free-cash
36 872
38 527
34 705
35 233

Estimated living cost  is ₴7038 per week

₴4218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴25709
₴18623
₴23362
₴26015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
62 500
income
-
-
-
7 884
social contributions

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

-
-
-
21 719
surtax
-
-
-
-
total
-
-
-
29 603
Employee
13 981
-
50 505
-
income
2 908
-
16 791
-
social contributions
1 538
-
5 556
-
surtax
-
-
-
-
total
4 446
-
22 347
-
Employer
13 981
-
50 505
-
social contributions
3 320
-
11 995
-
total
3 320
-
11 995
-
Corporate
45 199
62 500
-
-
income
9 492
13 125
-
-
surtax
-
-
-
-
total
9 492
13 125
-
-
Dividends
35 707
49 375
-
-
withholding
9 998
13 825
-
-
total
9 998
13 825
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 256
26 950
34 342
29 603
After tax
35 244
35 550
28 158
32 897
Living cost
9 535
9 535
9 535
9 535
Free-cash
25 709
26 015
18 623
23 362

Estimated living cost  is ₴9535 per week

₴7134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
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
₴56748
₴47788
₴59663
₴57163
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%.

-
-
-
62 500
microenterprise

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

-
-
-
625
total
-
-
-
625
Employee
2 765
-
62 500
-
income
553
-
12 500
-
total
553
-
12 500
-
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%.

59 735
62 500
-
-
total
-
-
-
-
Dividends
59 735
62 500
-
-
withholding
2 987
3 125
-
-
total
2 987
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
3 540
3 125
12 500
625
After tax
58 960
59 375
50 000
61 875
Living cost
2 212
2 212
2 212
2 212
Free-cash
56 748
57 163
47 788
59 663

Estimated living cost  is ₴2212 per week

₴1371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴184
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.
₴597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴32337
₴20129
₴21484
₴34878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
62 500
pensions
-
-
-
11 414
unemployment
-
-
-
94
income
-
-
-
15 204
health
-
-
-
6 151
total
-
-
-
32 863
Employee

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

13 442
-
54 080
-
health
868
-
3 493
-
unemployment
19
-
76
-
pensions
2 084
-
8 382
-
income
2 318
-
13 847
-
total
5 289
-
25 798
-
Employer

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

13 442
-
54 080
-
health
895
-
3 602
-
pensions
1 189
-
4 786
-
unemployment
8
-
32
-
total
2 092
-
8 420
-
Corporate
46 965
62 500
-
-
income
8 923
11 875
-
-
total
8 923
11 875
-
-
Dividends
38 041
50 625
-
-
withholding
5 706
7 594
-
-
total
5 706
7 594
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 010
19 469
34 218
32 863
After tax
40 490
43 031
28 282
29 637
Living cost
8 153
8 153
8 153
8 153
Free-cash
32 337
34 878
20 129
21 484

Estimated living cost  is ₴8153 per week

₴5596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴29047
₴32858
₴40151
₴27984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
62 500
income
-
-
-
9 375
health

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

-
-
-
1 939
total
-
-
-
11 314
Employee
13 945
-
61 102
-
social contributions
1 397
-
1 398
-
income
1 513
-
15 811
-
total
2 910
-
17 209
-
Employer
13 945
-
61 102
-
social contributions
1 397
-
1 398
-
total
1 397
-
1 398
-
Corporate
47 158
62 500
-
-
income
16 505
21 875
-
-
total
16 505
21 875
-
-
Dividends
30 653
40 625
-
-
social contributions
1 606
1 606
-
-
total
1 606
1 606
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 418
23 481
18 607
11 314
After tax
40 082
39 019
43 893
51 186
Living cost
11 035
11 035
11 035
11 035
Free-cash
29 047
27 984
32 858
40 151

Estimated living cost  is ₴11035 per week

₴7268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴31842
₴32140
₴33692
₴31685
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
-
-
-
62 500
income
-
-
-
9 375
health
-
-
-
4 362
social contributions
-
-
-
8 625
total
-
-
-
22 362
Employee
10 307
-
62 500
-
health
719
-
4 362
-
income
1 719
-
10 927
-
social contributions
1 423
-
8 625
-
total
3 861
-
23 914
-
Employer
10 307
-
62 500
-
total
-
-
-
-
Corporate
52 193
62 500
-
-
income

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

2 610
3 125
-
-
total
2 610
3 125
-
-
Dividends
49 583
59 375
-
-
social contributions
6 843
8 194
-
-
withholding
7 437
8 906
-
-
health
3 461
4 144
-
-
total
17 741
21 244
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 212
24 369
23 914
22 362
After tax
38 288
38 131
38 586
40 138
Living cost
6 446
6 446
6 446
6 446
Free-cash
31 842
31 685
32 140
33 692

Estimated living cost  is ₴6446 per week

₴4314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1586
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
₴31467
₴25546
₴28268
₴34507
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
-
-
-
62 500
income
-
-
-
6 616
health
-
-
-
8 437
social contributions
-
-
-
9 954
solidarity contribution
-
-
-
701
total
-
-
-
25 708
Employee
12 536
-
49 521
-
health
1 692
-
6 685
-
solidarity contribution
-
-
457
-
income
1 504
-
6 093
-
social contributions
815
-
2 216
-
total
4 011
-
15 451
-
Employer
12 536
-
49 521
-
health
1 128
-
4 457
-
social contributions
3 134
-
8 522
-
total
4 262
-
12 979
-
Corporate
45 702
62 500
-
-
income
8 683
11 875
-
-
total
8 683
11 875
-
-
Dividends
37 019
50 625
-
-
withholding
5 553
7 594
-
-
total
5 553
7 594
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 509
19 469
28 430
25 708
After tax
39 991
43 031
34 070
36 792
Living cost
8 524
8 524
8 524
8 524
Free-cash
31 467
34 507
25 546
28 268

Estimated living cost  is ₴8524 per week

₴6339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴55280
₴46552
₴58427
₴55927
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%.

-
-
-
62 500
microenterprise

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

-
-
-
625
total
-
-
-
625
Employee
4 310
-
62 500
-
income
862
-
12 500
-
total
862
-
12 500
-
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%.

58 190
62 500
-
-
total
-
-
-
-
Dividends
58 190
62 500
-
-
withholding
2 910
3 125
-
-
total
2 910
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
3 772
3 125
12 500
625
After tax
58 728
59 375
50 000
61 875
Living cost
3 448
3 448
3 448
3 448
Free-cash
55 280
55 927
46 552
58 427

Estimated living cost  is ₴3448 per week

₴2333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴18909
₴18572
₴20029
₴16818
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
-
-
-
62 500
income
-
-
-
10 857
other
-
-
-
1 938
health
-
-
-
2 922
social contributions
-
-
-
1 781
pensions
-
-
-
10 291
surtax
-
-
-
-
total
-
-
-
27 789
Employee
19 039
-
47 930
-
pensions
2 153
-
3 515
-
income
1 661
-
9 795
-
social contributions
542
-
1 365
-
surtax
-
-
-
-
total
4 356
-
14 675
-
Employer
19 039
-
47 930
-
health
1 333
-
4 651
-
social contributions
57
-
144
-
pensions
3 128
-
5 887
-
unemployment
771
-
1 941
-
other
657
-
1 948
-
total
5 946
-
14 571
-
Corporate
37 515
62 500
-
-
income
10 504
17 500
-
-
surtax
-
-
-
-
total
10 504
17 500
-
-
Dividends
27 011
45 000
-
-
social contributions
4 646
7 740
-
-
surtax
-
-
-
-
withholding
3 457
5 760
-
-
total
8 103
13 500
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 909
31 000
29 246
27 789
After tax
33 591
31 500
33 254
34 711
Living cost
14 682
14 682
14 682
14 682
Free-cash
18 909
16 818
18 572
20 029

Estimated living cost  is ₴14682 per week

₴9936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1201
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.
₴3343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴38427
₴34438
₴34438
₴39917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
62 500
pensions
-
-
-
5 821
unemployment
-
-
-
336
income
-
-
-
14 360
health
-
-
-
2 306
total
-
-
-
22 823
Employee

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

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

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

7 900
-
58 493
-
health
407
-
1 153
-
unemployment
59
-
168
-
pensions
1 106
-
3 134
-
income
1 089
-
14 360
-
total
2 661
-
18 815
-
Employer

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

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

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

7 900
-
58 493
-
health
407
-
1 153
-
pensions
948
-
2 687
-
unemployment
59
-
168
-
total
1 414
-
4 008
-
Corporate
53 186
62 500
-
-
income
7 978
9 375
-
-
total
7 978
9 375
-
-
Dividends
45 208
53 125
-
-
withholding
6 781
7 969
-
-
total
6 781
7 969
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 834
17 344
22 823
22 823
After tax
43 666
45 156
39 677
39 677
Living cost
5 239
5 239
5 239
5 239
Free-cash
38 427
39 917
34 438
34 438

Estimated living cost  is ₴5239 per week

₴3527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴16634
₴26405
₴28635
₴7702
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
-
-
-
62 500
pensions
-
-
-
5 750
city
-
-
-
659
other

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

-
-
-
1 250
health
-
-
-
140
regional
-
-
-
3 533
national
-
-
-
1 656
total
-
-
-
12 988
Employee
24 432
-
56 283
-
health
55
-
127
-
unemployment
-
-
-
-
city
262
-
609
-
pensions
2 053
-
4 346
-
regional
800
-
3 157
-
national
116
-
1 381
-
total
3 286
-
9 620
-
Employer
24 432
-
56 283
-
health
55
-
127
-
pensions
2 053
-
4 346
-
unemployment
-
-
-
-
other

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

488
-
1 125
-
total
2 596
-
5 598
-
Corporate
35 203
62 500
-
-
regional
7 446
13 219
-
-
national
2 993
5 313
-
-
total
10 439
18 532
-
-
Dividends
24 765
43 968
-
-
withholding
8 668
15 389
-
-
total
8 668
15 389
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 989
33 921
15 218
12 988
After tax
37 511
28 579
47 282
49 512
Living cost
20 877
20 877
20 877
20 877
Free-cash
16 634
7 702
26 405
28 635

Estimated living cost  is ₴20877 per week

₴13576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1873
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.
₴5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴27876
₴20179
₴27340
₴26937
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

-
-
-
62 500
municipal
-
-
-
11 099
health
-
-
-
836
national
-
-
-
11 554
total
-
-
-
23 489
Employee
15 993
-
52 579
-
health
119
-
683
-
unemployment
240
-
789
-
pensions
1 079
-
3 549
-
national
264
-
7 146
-
municipal
2 620
-
8 561
-
total
4 322
-
20 728
-
Employer
15 993
-
52 579
-
health
123
-
405
-
pensions
2 775
-
9 123
-
accident
16
-
52
-
unemployment
104
-
342
-
total
3 018
-
9 922
-
Corporate
43 489
62 500
-
-
income
8 698
12 500
-
-
total
8 698
12 500
-
-
Dividends

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

26 094
37 500
-
-
municipal
4 697
6 750
-
-
national
2 218
4 642
-
-
total
6 915
11 392
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 953
23 892
30 650
23 489
After tax
39 547
38 608
31 850
39 011
Living cost
11 671
11 671
11 671
11 671
Free-cash
27 876
26 937
20 179
27 340

Estimated living cost  is ₴11671 per week

₴7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴19292
₴10421
₴16070
₴23543
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
-
-
-
62 500
communal

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

-
-
-
3 295
social contributions
-
-
-
7 579
national
-
-
-
24 472
total
-
-
-
35 346
Employee

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

21 744
-
48 408
-
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.

1 022
-
2 275
-
communal

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

1 134
-
2 525
-
unemployment

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

189
-
421
-
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.

1 631
-
3 631
-
national
6 685
-
18 052
-
total
10 661
-
26 904
-
Employer

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

21 744
-
48 408
-
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.

1 337
-
2 977
-
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.

1 927
-
4 289
-
surtax
2 466
-
5 489
-
accident

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

283
-
629
-
unemployment

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

317
-
707
-
total
6 330
-
14 091
-
Corporate
34 427
62 500
-
-
income
6 885
12 933
-
-
surtax
138
258
-
-
total
7 023
13 191
-
-
Dividends
27 403
49 308
-
-
withholding

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

8 110
14 682
-
-
total
8 110
14 682
-
-
Income
62 500
62 500
62 500
62 500
Total tax
32 124
27 873
40 995
35 346
After tax
30 376
34 627
21 505
27 154
Living cost
11 084
11 084
11 084
11 084
Free-cash
19 292
23 543
10 421
16 070

Estimated living cost  is ₴11084 per week

₴7139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴20721
₴18380
₴18698
₴21015
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
-
-
-
62 500
unemployment
-
-
-
29
municipal
-
-
-
16 155
other
-
-
-
3 339
health
-
-
-
1 793
national
-
-
-
6 213
accident
-
-
-
57
pensions
-
-
-
3 106
total
-
-
-
30 692
Employee
18 681
-
53 472
-
national
-
-
6 037
-
municipal
5 571
-
15 945
-
total
5 571
-
21 982
-
Employer
18 681
-
53 472
-
health
1 149
-
1 767
-
pensions
2 019
-
3 106
-
accident
37
-
57
-
unemployment
493
-
759
-
other
2 171
-
3 339
-
total
5 869
-
9 028
-
Corporate
37 950
62 500
-
-
income
8 349
13 750
-
-
total
8 349
13 750
-
-
Dividends
29 601
48 750
-
-
withholding
8 880
14 625
-
-
total
8 880
14 625
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 669
28 375
31 010
30 692
After tax
33 831
34 125
31 490
31 808
Living cost
13 110
13 110
13 110
13 110
Free-cash
20 721
21 015
18 380
18 698

Estimated living cost  is ₴13110 per week

₴8689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴7619
₴43628
₴28729
₴23562
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
-
-
-
62 500
income
-
-
-
12 183
social contributions
-
-
-
7 125
total
-
-
-
19 308
Employee
20 737
-
-
-
income
4 574
-
-
-
social contributions
1 700
-
242
-
total
6 274
-
242
-
Employer
20 737
-
-
-
social contributions
29 240
-
4 167
-
total
29 240
-
4 167
-
Corporate
12 523
62 500
-
-
income
2 755
13 750
-
-
total
2 755
13 750
-
-
Dividends
9 768
48 750
-
-
income
2 149
10 725
-
-
total
2 149
10 725
-
-
Income
62 500
62 500
62 500
62 500
Total tax
40 418
24 475
4 409
19 308
After tax
22 082
38 025
58 091
43 192
Living cost
14 463
14 463
14 463
14 463
Free-cash
7 619
23 562
43 628
28 729

Estimated living cost  is ₴14463 per week

₴9384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴3534
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
₴34445
₴31883
₴32411
₴35705
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
-
-
-
62 500
income
-
-
-
13 717
health
-
-
-
1 594
social contributions
-
-
-
4 918
total
-
-
-
20 229
Employee
23 375
23 375
58 795
-
health
232
397
1 000
-
income
2 455
2 164
13 435
-
social contributions
1 136
1 940
2 617
-
total
3 823
4 501
17 052
-
Employer
23 375
23 375
58 795
-
health
253
433
1 088
-
social contributions
1 136
1 940
2 617
-
total
1 389
2 373
3 705
-
Corporate
47 428
36 753
-
-
income
5 928
4 594
-
-
total
5 928
4 594
-
-
Dividends
41 500
32 158
-
-
withholding
7 055
5 467
-
-
total
7 055
5 467
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 195
16 935
20 757
20 229
After tax
44 305
45 565
41 743
42 271
Living cost
9 860
9 860
9 860
9 860
Free-cash
34 445
35 705
31 883
32 411

Estimated living cost  is ₴9860 per week

₴6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴30578
₴24125
₴29722
₴28838
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
-
-
-
62 500
income
-
-
-
19 002
pensions
-
-
-
2 859
total
-
-
-
21 861
Employee
14 986
-
54 498
-
health
195
-
748
-
pensions
1 144
-
3 438
-
income
2 729
-
15 270
-
total
4 068
-
19 456
-
Employer
14 986
-
54 498
-
health
285
-
1 036
-
pensions
1 514
-
6 966
-
total
1 799
-
8 002
-
Corporate
45 716
62 500
-
-
income

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

8 686
11 875
-
-
total
8 686
11 875
-
-
Dividends
37 029
50 625
-
-
withholding
6 452
10 870
-
-
total
6 452
10 870
-
-
Income
62 500
62 500
62 500
62 500
Total tax
21 005
22 745
27 458
21 861
After tax
41 495
39 755
35 042
40 639
Living cost
10 917
10 917
10 917
10 917
Free-cash
30 578
28 838
24 125
29 722

Estimated living cost  is ₴10917 per week

₴7489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
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.
₴2287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴19427
₴14372
₴16884
₴20811
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
-
-
-
62 500
municipal
-
-
-
426
regional
-
-
-
1 473
social contributions
-
-
-
15 214
national
-
-
-
16 393
total
-
-
-
33 506
Employee
25 615
-
62 500
-
social contributions
8 637
-
19 946
-
regional
387
-
1 316
-
national
4 329
-
14 373
-
municipal
153
-
383
-
total
13 506
-
36 018
-
Employer
25 615
-
62 500
-
total
-
-
-
-
Corporate
36 885
62 500
-
-
nationa
8 853
15 000
-
-
municipal
1 778
3 012
-
-
total
10 631
18 012
-
-
Dividends
26 254
44 487
-
-
withholding
6 826
11 567
-
-
total
6 826
11 567
-
-
Income
62 500
62 500
62 500
62 500
Total tax
30 963
29 579
36 018
33 506
After tax
31 537
32 921
26 482
28 994
Living cost
12 110
12 110
12 110
12 110
Free-cash
19 427
20 811
14 372
16 884

Estimated living cost  is ₴12110 per week

₴8506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4055
₴27734
₴36125
-₴1501
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
-
-
-
62 500
pensions
-
-
-
1 241
income
-
-
-
17 733
other
-
-
-
111
health
-
-
-
651
accident
-
-
-
75
total
-
-
-
19 811
Employee
10 325
-
56 870
-
health
1 182
-
6 512
-
pensions
1 163
-
2 276
-
income
1 417
-
13 784
-
total
3 762
-
22 572
-
Employer
10 325
-
56 870
-
pensions
1 679
-
3 287
-
accident
172
-
950
-
unemployment
253
-
1 393
-
total
2 104
-
5 630
-
Corporate
50 071
62 500
-
-
income

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

45 064
56 250
-
-
total
45 064
56 250
-
-
Dividends
5 007
6 250
-
-
withholding
951
1 187
-
-
total
951
1 187
-
-
Income
62 500
62 500
62 500
62 500
Total tax
51 881
57 437
28 202
19 811
After tax
10 619
5 063
34 298
42 689
Living cost
6 564
6 564
6 564
6 564
Free-cash
4 055
-1 501
27 734
36 125

Estimated living cost  is ₴6564 per week

₴4811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴364
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.
₴1253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴24391
₴27257
₴20316
₴20415
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.

-
-
-
62 500
trade
-
-
-
6 941
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.

-
-
-
20 313
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.

-
-
-
2 077
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.

-
-
-
1 117
total
-
-
-
30 448
Employee

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

15 125
-
62 500
-
health

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

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

2 077
-
2 077
-
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.

1 244
-
20 313
-
surtax

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

69
-
1 117
-
total
3 390
-
23 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 375
62 500
-
-
income
7 106
9 375
-
-
trade
6 798
8 968
-
-
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.

391
516
-
-
chamber of commerce
115
138
-
-
total
14 410
18 997
-
-
Dividends
32 964
43 503
-
-
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.

447
592
-
-
withholding
8 126
10 760
-
-
total
8 573
11 352
-
-
Income
62 500
62 500
62 500
62 500
Total tax
26 373
30 349
23 507
30 448
After tax
36 127
32 151
38 993
32 052
Living cost
11 736
11 736
11 736
11 736
Free-cash
24 391
20 415
27 257
20 316

Estimated living cost  is ₴11736 per week

₴8096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
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.
₴2207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴41182
₴20540
₴16013
₴43676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
62 500
income
-
-
-
12 578
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 647
surtax
-
-
-
15 938
total
-
-
-
40 163
Employee
8 883
-
48 444
-
income
1 581
-
10 571
-
social contributions

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

977
-
3 985
-
surtax
-
-
7 024
-
total
2 558
-
21 580
-
Employer
8 883
-
48 444
-
social contributions

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

2 140
-
8 727
-
surtax
-
-
5 329
-
total
2 140
-
14 056
-
Corporate
51 478
62 500
-
-
income

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

10 296
12 500
-
-
total
10 296
12 500
-
-
Dividends

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

41 182
50 000
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
14 994
12 500
35 636
40 163
After tax
47 506
50 000
26 864
22 337
Living cost
6 324
6 324
6 324
6 324
Free-cash
41 182
43 676
20 540
16 013

Estimated living cost  is ₴6324 per week

₴4035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴34531
₴34259
₴34532
₴35161
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
-
-
-
62 500
income
-
-
-
19 299
health
-
-
-
2 030
pensions
-
-
-
2 800
total
-
-
-
24 129
Employee
5 847
-
59 350
-
health
292
-
700
-
unemployment
58
-
140
-
pensions
526
-
1 260
-
income
1 131
-
19 152
-
total
2 007
-
21 252
-
Employer
5 847
-
59 350
-
health
556
-
1 330
-
pensions
643
-
1 540
-
unemployment
117
-
280
-
total
1 316
-
3 150
-
Corporate
55 337
62 500
-
-
income
12 174
13 750
-
-
total
12 174
13 750
-
-
Dividends
43 163
48 750
-
-
withholding
8 633
9 750
-
-
total
8 633
9 750
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 130
23 500
24 402
24 129
After tax
38 370
39 000
38 098
38 371
Living cost
3 839
3 839
3 839
3 839
Free-cash
34 531
35 161
34 259
34 532

Estimated living cost  is ₴3839 per week

₴2281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴31518
₴20770
₴22630
₴32485
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
-
-
-
62 500
pensions
-
-
-
8 114
unemployment
-
-
-
69
income
-
-
-
18 878
other
-
-
-
-
health
-
-
-
2 880
surtax
-
-
-
3 101
total
-
-
-
33 042
Employee
10 237
-
53 960
-
health
261
-
1 034
-
unemployment
712
-
2 824
-
pensions
683
-
2 706
-
income
1 716
-
17 060
-
other
-
-
-
-
surtax
36
-
2 738
-
total
3 408
-
26 362
-
Employer
10 237
-
53 960
-
health
466
-
1 846
-
pensions
1 365
-
5 408
-
unemployment
325
-
1 286
-
other
-
-
-
-
total
2 156
-
8 540
-
Corporate
50 108
62 500
-
-
income
13 028
16 250
-
-
total
13 028
16 250
-
-
Dividends
37 080
46 250
-
-
withholding
5 562
6 937
-
-
total
5 562
6 937
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 154
23 187
34 902
33 042
After tax
38 346
39 313
27 598
29 458
Living cost
6 828
6 828
6 828
6 828
Free-cash
31 518
32 485
20 770
22 630

Estimated living cost  is ₴6828 per week

₴4122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴24679
₴6766
₴22465
₴24832
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
-
-
-
62 500
pensions
-
-
-
6 570
chamber of commerce
-
-
-
250
unemployment
-
-
-
1 864
income
-