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

Andorra , Andorra
₴35560
₴44666
₴37222
₴45830
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
social contributions
-
-
-
13 750
income
-
-
-
2 770
total
-
-
-
16 520
Employee
11 144
-
54 113
-
social contributions
724
-
3 517
-
income
-
-
2 954
-
total
724
-
6 471
-
Employer
11 144
-
54 113
-
social contributions
1 727
-
8 387
-
total
1 727
-
8 387
-
Corporate
49 628
62 500
-
-
income
4 963
6 250
-
-
total
4 963
6 250
-
-
Dividends
44 666
56 250
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
7 414
6 250
14 858
16 520
After tax
55 086
56 250
47 642
45 980
Living cost
10 420
10 420
10 420
10 420
Free-cash
44 666
45 830
37 222
35 560

Estimated living cost  is ₴10420 per week

₴6737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2701
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
₴21091
₴23371
₴5506
₴23547
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
surtax
-
-
-
-
unemployment
-
-
-
2 126
health
-
-
-
3 098
chamber of commerce
-
-
-
250
pensions
-
-
-
7 492
income
-
-
-
17 384
total
-
-
-
30 350
Employee
15 153
13 814
50 141
-
unemployment
455
414
1 215
-
other
151
138
405
-
income
1 350
1 019
14 035
-
pensions
1 552
1 414
4 147
-
health
586
535
1 567
-
total
4 094
3 520
21 369
-
Employer
15 153
13 814
50 141
-
pensions
1 902
1 734
5 082
-
surtax
-
-
-
-
payroll
455
414
1 504
-
other
720
656
2 300
-
health
573
522
1 531
-
accident
197
180
526
-
unemployment
455
414
1 215
-
chamber of commerce
61
55
201
-
total
4 363
3 975
12 359
-
Corporate
42 987
44 710
48 825
-
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.

10 747
11 178
12 207
-
total
10 747
11 178
12 207
-
Dividends
32 240
33 532
-
-
withholding
8 866
9 221
-
-
total
8 866
9 221
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 070
27 894
45 935
30 350
After tax
34 430
34 606
16 565
32 150
Living cost
11 059
11 059
11 059
11 059
Free-cash
23 371
23 547
5 506
21 091

Estimated living cost  is ₴11059 per week

₴6634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1129
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.
₴3098
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
₴19868
₴21818
₴4336
₴22354
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
surtax
-
-
-
68
unemployment
-
-
-
2 126
health
-
-
-
3 098
chamber of commerce
-
-
-
250
pensions
-
-
-
7 492
income
-
-
-
17 384
total
-
-
-
30 418
Employee
17 324
13 814
50 077
-
unemployment
520
414
1 215
-
other
173
138
405
-
income
1 972
1 019
14 004
-
pensions
1 774
1 414
4 147
-
health
670
535
1 567
-
total
5 109
3 520
21 338
-
Employer
17 324
13 814
50 077
-
pensions
2 174
1 734
5 082
-
surtax
68
68
68
-
payroll
520
414
1 502
-
other
823
656
2 297
-
health
655
522
1 531
-
accident
225
180
526
-
unemployment
520
414
1 215
-
chamber of commerce
69
55
201
-
total
5 054
4 043
12 422
-
Corporate
40 123
44 642
48 761
-
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.

10 030
11 161
12 190
-
total
10 030
11 161
12 190
-
Dividends
30 093
33 481
-
-
withholding
8 275
9 208
-
-
total
8 275
9 208
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 468
27 932
45 950
30 418
After tax
34 032
34 568
16 550
32 082
Living cost
12 214
12 214
12 214
12 214
Free-cash
21 818
22 354
4 336
19 868

Estimated living cost  is ₴12214 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1042
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.
₴2825
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
₴14468
₴17113
₴9285
₴22312
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
national
-
-
-
23 520
communal

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

-
-
-
3 231
social contributions
-
-
-
8 642
total
-
-
-
35 393
Employee

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

24 796
-
48 408
-
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.

216
-
421
-
national
7 623
-
17 633
-
communal

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

1 293
-
2 525
-
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.

1 860
-
3 631
-
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.

1 165
-
2 275
-
total
12 157
-
26 485
-
Employer

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

24 796
-
48 408
-
surtax
2 812
-
5 489
-
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.

2 197
-
4 289
-
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.

1 525
-
2 977
-
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.

322
-
630
-
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.

362
-
706
-
total
7 218
-
14 091
-
Corporate
30 487
62 500
-
-
income
6 097
12 500
-
-
surtax
122
250
-
-
total
6 219
12 750
-
-
Dividends
24 268
49 750
-
-
withholding

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

7 154
14 799
-
-
total
7 154
14 799
-
-
Income
62 500
62 500
62 500
62 500
Total tax
32 748
27 549
40 576
35 393
After tax
29 752
34 951
21 924
27 107
Living cost
12 639
12 639
12 639
12 639
Free-cash
17 113
22 312
9 285
14 468

Estimated living cost  is ₴12639 per week

₴8141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴3195
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
₴43908
₴45344
₴46375
₴47461
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
-
-
-
49
health
-
-
-
1 396
pensions

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

-
-
-
1 796
income
-
-
-
9 375
total
-
-
-
12 616
Employee
7 914
-
60 119
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
791
-
6 012
-
pensions

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

695
-
1 066
-
health
364
-
558
-
total
1 937
-
7 769
-
Employer
7 914
-
60 119
-
pensions

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

872
-
1 337
-
health
546
-
837
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
48
-
73
-
total
1 553
-
2 380
-
Corporate
53 034
62 500
-
-
income
5 303
6 250
-
-
total
5 303
6 250
-
-
Dividends
47 731
56 250
-
-
withholding
2 387
2 813
-
-
total
2 387
2 813
-
-
Income
62 500
62 500
62 500
62 500
Total tax
11 180
9 063
10 149
12 616
After tax
51 320
53 437
52 351
49 884
Living cost
5 976
5 976
5 976
5 976
Free-cash
45 344
47 461
46 375
43 908

Estimated living cost  is ₴5976 per week

₴3953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1539
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
₴45329
₴47269
₴47796
₴48882
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
-
-
-
49
health
-
-
-
1 396
pensions

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

-
-
-
1 796
income
-
-
-
9 375
total
-
-
-
12 616
Employee
6 031
-
60 119
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
603
-
6 012
-
pensions

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

530
-
1 066
-
health
277
-
558
-
total
1 476
-
7 769
-
Employer
6 031
-
60 119
-
pensions

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

665
-
1 337
-
health
416
-
837
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 183
-
2 380
-
Corporate
55 285
62 500
-
-
income
5 529
6 250
-
-
total
5 529
6 250
-
-
Dividends
49 757
56 250
-
-
withholding
2 488
2 813
-
-
total
2 488
2 813
-
-
Income
62 500
62 500
62 500
62 500
Total tax
10 676
9 063
10 149
12 616
After tax
51 824
53 437
52 351
49 884
Living cost
4 555
4 555
4 555
4 555
Free-cash
47 269
48 882
47 796
45 329

Estimated living cost  is ₴4555 per week

₴2659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1450
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
₴34620
₴35676
₴34075
₴37565
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
health
-
-
-
1 594
social contributions
-
-
-
5 609
income
-
-
-
12 651
total
-
-
-
19 854
Employee
26 655
26 655
58 435
-
income
2 902
2 467
12 357
-
social contributions
1 008
2 212
2 984
-
health
207
453
993
-
total
4 117
5 132
16 334
-
Employer
26 655
26 655
58 435
-
social contributions
1 008
2 212
2 984
-
health
224
493
1 081
-
total
1 232
2 705
4 065
-
Corporate
49 126
33 139
-
-
income
6 141
4 142
-
-
total
6 141
4 142
-
-
Dividends
42 985
28 997
-
-
withholding
7 308
4 930
-
-
total
7 308
4 930
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 798
16 909
20 399
19 854
After tax
43 702
45 591
42 101
42 646
Living cost
8 026
8 026
8 026
8 026
Free-cash
35 676
37 565
34 075
34 620

Estimated living cost  is ₴8026 per week

₴4810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2251
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
₴31403
₴32909
₴30858
₴34348
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
health
-
-
-
1 594
social contributions
-
-
-
5 609
income
-
-
-
12 651
total
-
-
-
19 854
Employee
26 655
26 655
58 435
-
income
2 799
2 467
12 357
-
social contributions
1 295
2 212
2 984
-
health
265
453
993
-
total
4 359
5 132
16 334
-
Employer
26 655
26 655
58 435
-
social contributions
1 295
2 212
2 984
-
health
289
493
1 081
-
total
1 584
2 705
4 065
-
Corporate
45 313
33 139
-
-
income
5 664
4 142
-
-
total
5 664
4 142
-
-
Dividends
39 649
28 997
-
-
withholding
6 741
4 930
-
-
total
6 741
4 930
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 348
16 909
20 399
19 854
After tax
44 152
45 591
42 101
42 646
Living cost
11 243
11 243
11 243
11 243
Free-cash
32 909
34 348
30 858
31 403

Estimated living cost  is ₴11243 per week

₴7686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2491
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
₴27930
₴32162
₴25310
₴35020
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
health
-
-
-
8 438
social contributions
-
-
-
11 527
income
-
-
-
6 380
solidarity contribution
-
-
-
214
total
-
-
-
26 559
Employee
11 781
-
48 285
-
income
1 414
-
5 880
-
social contributions
766
-
2 566
-
health
1 590
-
6 518
-
solidarity contribution
-
-
-
-
total
3 770
-
14 964
-
Employer
11 781
-
48 285
-
social contributions
2 945
-
9 869
-
health
1 060
-
4 346
-
total
4 005
-
14 215
-
Corporate
46 714
62 500
-
-
income
8 876
11 875
-
-
total
8 876
11 875
-
-
Dividends
37 838
50 625
-
-
withholding
5 676
7 594
-
-
total
5 676
7 594
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 327
19 469
29 179
26 559
After tax
40 173
43 031
33 321
35 941
Living cost
8 011
8 011
8 011
8 011
Free-cash
32 162
35 020
25 310
27 930

Estimated living cost  is ₴8011 per week

₴5564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
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.
₴1719
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
₴26070
₴29638
₴23450
₴33160
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
health
-
-
-
8 438
social contributions
-
-
-
11 527
income
-
-
-
6 380
solidarity contribution
-
-
-
214
total
-
-
-
26 559
Employee
14 517
-
48 285
-
income
1 742
-
5 880
-
social contributions
944
-
2 566
-
health
1 960
-
6 518
-
solidarity contribution
-
-
-
-
total
4 646
-
14 964
-
Employer
14 517
-
48 285
-
social contributions
3 629
-
9 869
-
health
1 307
-
4 346
-
total
4 936
-
14 215
-
Corporate
43 047
62 500
-
-
income
8 179
11 875
-
-
total
8 179
11 875
-
-
Dividends
34 868
50 625
-
-
withholding
5 230
7 594
-
-
total
5 230
7 594
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 991
19 469
29 179
26 559
After tax
39 509
43 031
33 321
35 941
Living cost
9 872
9 872
9 872
9 872
Free-cash
29 638
33 160
23 450
26 070

Estimated living cost  is ₴9872 per week

₴7341
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.
₴171
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.
₴1813
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
₴20043
-₴13259
-₴13259
-₴13259
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
national
-
-
-
7 378
pensions
-
-
-
301
municipal
-
-
-
13 056
labour market
-
-
-
4 976
total
-
-
-
25 711
Employee
70 682
70 682
70 682
-
municipal
15 051
15 051
15 051
-
national
8 635
8 635
8 635
-
pensions
100
100
100
-
labour market
5 646
5 646
5 646
-
total
29 432
29 432
29 432
-
Employer
70 682
70 682
70 682
-
pensions
201
201
201
-
labour market
5 655
5 655
5 655
-
municipal
15 075
15 075
15 075
-
national
8 650
8 650
8 650
-
total
29 581
29 581
29 581
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
59 013
59 013
59 013
25 711
After tax
3 487
3 487
3 487
36 789
Living cost
16 746
16 746
16 746
16 746
Free-cash
-13 259
-13 259
-13 259
20 043

Estimated living cost  is ₴16746 per week

₴11461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3546
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
₴25127
₴39473
₴27652
₴41627
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
health
-
-
-
8 125
pensions
-
-
-
12 500
income
-
-
-
8 375
total
-
-
-
29 000
Employee
9 834
-
46 712
-
unemployment
157
-
747
-
income
1 107
-
9 006
-
pensions
197
-
934
-
total
1 461
-
10 687
-
Employer
9 834
-
46 712
-
pensions
1 967
-
9 342
-
health
1 278
-
6 072
-
unemployment
79
-
374
-
total
3 324
-
15 788
-
Corporate
49 342
62 500
-
-
income
9 869
12 500
-
-
total
9 869
12 500
-
-
Dividends
39 474
50 000
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
14 654
12 500
26 475
29 000
After tax
47 846
50 000
36 025
33 500
Living cost
8 373
8 373
8 373
8 373
Free-cash
39 473
41 627
27 652
25 127

Estimated living cost  is ₴8373 per week

₴5743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
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.
₴1963
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
₴26793
₴26672
₴19386
₴25765
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
national
-
-
-
10 477
health
-
-
-
818
municipal
-
-
-
11 103
total
-
-
-
22 398
Employee
18 238
-
52 578
-
unemployment
274
-
789
-
municipal
2 987
-
8 563
-
national
301
-
6 317
-
pensions
1 231
-
3 549
-
health
136
-
665
-
total
4 929
-
19 883
-
Employer
18 238
-
52 578
-
pensions
3 164
-
9 122
-
health
140
-
405
-
accident
18
-
53
-
unemployment
118
-
342
-
total
3 440
-
9 922
-
Corporate
40 821
62 500
-
-
income
8 164
12 500
-
-
total
8 164
12 500
-
-
Dividends

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

24 493
37 500
-
-
municipal
4 409
6 750
-
-
national
1 577
4 176
-
-
total
5 986
10 926
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 519
23 426
29 805
22 398
After tax
39 981
39 074
32 695
40 102
Living cost
13 309
13 309
13 309
13 309
Free-cash
26 672
25 765
19 386
26 793

Estimated living cost  is ₴13309 per week

₴8693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴3124
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
₴24513
₴22741
₴23495
₴20814
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
surtax
-
-
-
-
health
-
-
-
2 688
pensions
-
-
-
11 007
social contributions
-
-
-
1 781
income
-
-
-
9 889
other
-
-
-
1 937
total
-
-
-
27 302
Employee
13 243
-
48 348
-
income
683
-
9 422
-
surtax
-
-
-
-
social contributions
378
-
1 377
-
pensions
1 498
-
3 371
-
total
2 559
-
14 170
-
Employer
13 243
-
48 348
-
pensions
2 176
-
5 673
-
social contributions
39
-
145
-
other
457
-
1 890
-
health
927
-
4 484
-
unemployment
536
-
1 958
-
total
4 135
-
14 150
-
Corporate
45 121
62 500
-
-
income
12 634
17 500
-
-
surtax
-
-
-
-
total
12 634
17 500
-
-
Dividends
32 487
45 000
-
-
withholding
4 158
5 760
-
-
social contributions
5 588
7 741
-
-
surtax
-
-
-
-
total
9 746
13 501
-
-
Income
62 500
62 500
62 500
62 500
Total tax
29 074
31 001
28 320
27 302
After tax
33 426
31 499
34 180
35 198
Living cost
10 685
10 685
10 685
10 685
Free-cash
22 741
20 814
23 495
24 513

Estimated living cost  is ₴10685 per week

₴6197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Nice , France
₴23338
₴21687
₴22320
₴19639
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
surtax
-
-
-
-
health
-
-
-
2 688
pensions
-
-
-
11 007
social contributions
-
-
-
1 781
income
-
-
-
9 889
other
-
-
-
1 937
total
-
-
-
27 302
Employee
14 836
-
48 348
-
income
876
-
9 422
-
surtax
-
-
-
-
social contributions
423
-
1 377
-
pensions
1 677
-
3 371
-
total
2 976
-
14 170
-
Employer
14 836
-
48 348
-
pensions
2 437
-
5 673
-
social contributions
45
-
145
-
other
512
-
1 890
-
health
1 039
-
4 484
-
unemployment
601
-
1 958
-
total
4 634
-
14 150
-
Corporate
43 031
62 500
-
-
income
12 049
17 500
-
-
surtax
-
-
-
-
total
12 049
17 500
-
-
Dividends
30 983
45 000
-
-
withholding
3 966
5 760
-
-
social contributions
5 328
7 741
-
-
surtax
-
-
-
-
total
9 294
13 501
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 953
31 001
28 320
27 302
After tax
33 547
31 499
34 180
35 198
Living cost
11 860
11 860
11 860
11 860
Free-cash
21 687
19 639
22 320
23 338

Estimated living cost  is ₴11860 per week

₴7478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
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.
₴3216
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
₴18456
₴17141
₴17438
₴14757
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
surtax
-
-
-
-
health
-
-
-
2 688
pensions
-
-
-
11 007
social contributions
-
-
-
1 781
income
-
-
-
9 889
other
-
-
-
1 937
total
-
-
-
27 302
Employee
21 711
-
48 348
-
income
1 894
-
9 422
-
surtax
-
-
-
-
social contributions
618
-
1 377
-
pensions
2 456
-
3 371
-
total
4 968
-
14 170
-
Employer
21 711
-
48 348
-
pensions
3 567
-
5 673
-
social contributions
65
-
145
-
other
749
-
1 890
-
health
1 520
-
4 484
-
unemployment
880
-
1 958
-
total
6 781
-
14 150
-
Corporate
34 008
62 500
-
-
income
9 523
17 500
-
-
surtax
-
-
-
-
total
9 523
17 500
-
-
Dividends
24 486
45 000
-
-
withholding
3 134
5 760
-
-
social contributions
4 211
7 741
-
-
surtax
-
-
-
-
total
7 345
13 501
-
-
Income
62 500
62 500
62 500
62 500
Total tax
28 617
31 001
28 320
27 302
After tax
33 883
31 499
34 180
35 198
Living cost
16 742
16 742
16 742
16 742
Free-cash
17 141
14 757
17 438
18 456

Estimated living cost  is ₴16742 per week

₴11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3812
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
₴59639
₴56720
₴47764
₴57139
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
2 795
-
62 500
-
income
559
-
12 500
-
total
559
-
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%.

59 705
62 500
-
-
total
-
-
-
-
Dividends
59 705
62 500
-
-
withholding
2 985
3 125
-
-
total
2 985
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
3 544
3 125
12 500
625
After tax
58 956
59 375
50 000
61 875
Living cost
2 236
2 236
2 236
2 236
Free-cash
56 720
57 139
47 764
59 639

Estimated living cost  is ₴2236 per week

₴1386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
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.
₴603
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
₴58390
₴55237
₴46515
₴55890
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
4 356
-
62 500
-
income
871
-
12 500
-
total
871
-
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%.

58 144
62 500
-
-
total
-
-
-
-
Dividends
58 144
62 500
-
-
withholding
2 907
3 125
-
-
total
2 907
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
3 778
3 125
12 500
625
After tax
58 722
59 375
50 000
61 875
Living cost
3 485
3 485
3 485
3 485
Free-cash
55 237
55 890
46 515
58 390

Estimated living cost  is ₴3485 per week

₴2358
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.
₴863
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
₴19542
₴23314
₴26198
₴18780
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
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.

-
-
-
1 072
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.

-
-
-
2 368
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.

-
-
-
19 479
trade
-
-
-
6 656
total
-
-
-
29 575
Employee

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

17 248
-
62 500
-
income

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

1 418
-
19 479
-
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
-
1 072
-
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.

2 368
-
2 368
-
total
3 864
-
22 919
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 252
62 500
-
-
trade
6 494
8 969
-
-
income
6 788
9 375
-
-
chamber of commerce
119
144
-
-
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.

374
516
-
-
total
13 775
19 004
-
-
Dividends
31 478
43 496
-
-
withholding
7 738
10 742
-
-
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.

426
591
-
-
total
8 164
11 333
-
-
Income
62 500
62 500
62 500
62 500
Total tax
25 803
30 337
22 919
29 575
After tax
36 697
32 163
39 581
32 925
Living cost
13 383
13 383
13 383
13 383
Free-cash
23 314
18 780
26 198
19 542

Estimated living cost  is ₴13383 per week

₴9232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2517
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
₴21776
₴24853
₴29081
₴21019
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
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.

-
-
-
1 072
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.

-
-
-
2 368
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.

-
-
-
19 479
trade
-
-
-
7 305
total
-
-
-
30 224
Employee

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

13 258
-
62 500
-
income

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

370
-
19 479
-
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
-
1 072
-
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.

2 368
-
2 368
-
total
2 758
-
22 919
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 242
62 500
-
-
trade
7 756
9 844
-
-
income
7 386
9 375
-
-
chamber of commerce
124
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.

407
516
-
-
total
15 673
19 878
-
-
Dividends
33 570
42 623
-
-
withholding
8 261
10 524
-
-
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.

455
579
-
-
total
8 716
11 103
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 147
30 981
22 919
30 224
After tax
35 353
31 519
39 581
32 276
Living cost
10 500
10 500
10 500
10 500
Free-cash
24 853
21 019
29 081
21 776

Estimated living cost  is ₴10500 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1224
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.
₴2475
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
₴18333
₴22454
₴25963
₴17581
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
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.

-
-
-
1 072
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.

-
-
-
2 368
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.

-
-
-
19 479
trade
-
-
-
7 630
total
-
-
-
30 549
Employee

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

17 579
-
62 500
-
income

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

1 510
-
19 479
-
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.

83
-
1 072
-
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.

2 368
-
2 368
-
total
3 961
-
22 919
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 921
62 500
-
-
trade
7 389
10 281
-
-
income
6 738
9 375
-
-
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.

370
516
-
-
total
14 613
20 313
-
-
Dividends
30 307
42 187
-
-
withholding
7 445
10 415
-
-
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.

409
573
-
-
total
7 854
10 988
-
-
Income
62 500
62 500
62 500
62 500
Total tax
26 428
31 301
22 919
30 549
After tax
36 072
31 199
39 581
31 951
Living cost
13 618
13 618
13 618
13 618
Free-cash
22 454
17 581
25 963
18 333

Estimated living cost  is ₴13618 per week

₴9108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2871
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
₴15746
₴20619
₴23701
₴14997
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
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.

-
-
-
1 072
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.

-
-
-
2 368
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.

-
-
-
19 479
trade
-
-
-
7 955
total
-
-
-
30 874
Employee

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

20 833
-
62 500
-
income

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

2 450
-
19 479
-
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.

135
-
1 072
-
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.

2 368
-
2 368
-
total
4 953
-
22 919
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 667
62 500
-
-
trade
7 146
10 719
-
-
income
6 250
9 375
-
-
chamber of commerce
111
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.

344
516
-
-
total
13 851
20 751
-
-
Dividends
27 816
41 750
-
-
withholding
6 822
10 305
-
-
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.

375
567
-
-
total
7 197
10 872
-
-
Income
62 500
62 500
62 500
62 500
Total tax
26 001
31 623
22 919
30 874
After tax
36 499
30 877
39 581
31 626
Living cost
15 880
15 880
15 880
15 880
Free-cash
20 619
14 997
23 701
15 746

Estimated living cost  is ₴15880 per week

₴11598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2806
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
₴21771
₴30425
₴19651
₴31527
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
surtax
-
-
-
2 747
unemployment
-
-
-
79
health
-
-
-
3 284
pensions
-
-
-
9 253
income
-
-
-
17 580
other
-
-
-
-
total
-
-
-
32 943
Employee
11 674
-
52 762
-
unemployment
812
-
3 220
-
other
-
-
-
-
income
1 957
-
15 507
-
surtax
41
-
2 333
-
pensions
779
-
3 086
-
health
298
-
1 179
-
total
3 887
-
25 325
-
Employer
11 674
-
52 762
-
pensions
1 556
-
6 167
-
other
-
-
-
-
health
531
-
2 105
-
unemployment
370
-
1 466
-
total
2 457
-
9 738
-
Corporate
48 369
62 500
-
-
income
12 576
16 250
-
-
total
12 576
16 250
-
-
Dividends
35 793
46 250
-
-
withholding
5 369
6 937
-
-
total
5 369
6 937
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 289
23 187
35 063
32 943
After tax
38 211
39 313
27 437
29 557
Living cost
7 786
7 786
7 786
7 786
Free-cash
30 425
31 527
19 651
21 771

Estimated living cost  is ₴7786 per week

₴4701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2228
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
₴21908
₴30586
₴19788
₴31664
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
surtax
-
-
-
2 747
unemployment
-
-
-
79
health
-
-
-
3 284
pensions
-
-
-
9 253
income
-
-
-
17 580
other
-
-
-
-
total
-
-
-
32 943
Employee
11 463
-
52 762
-
unemployment
798
-
3 220
-
other
-
-
-
-
income
1 921
-
15 507
-
surtax
37
-
2 333
-
pensions
764
-
3 086
-
health
293
-
1 179
-
total
3 813
-
25 325
-
Employer
11 463
-
52 762
-
pensions
1 528
-
6 167
-
other
-
-
-
-
health
522
-
2 105
-
unemployment
363
-
1 466
-
total
2 413
-
9 738
-
Corporate
48 624
62 500
-
-
income
12 642
16 250
-
-
total
12 642
16 250
-
-
Dividends
35 982
46 250
-
-
withholding
5 397
6 937
-
-
total
5 397
6 937
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 265
23 187
35 063
32 943
After tax
38 235
39 313
27 437
29 557
Living cost
7 649
7 649
7 649
7 649
Free-cash
30 586
31 664
19 788
21 908

Estimated living cost  is ₴7649 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2090
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
₴36359
₴28327
₴29293
₴28181
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
-
-
-
937
health
-
-
-
4 375
pensions
-
-
-
6 250
income
-
-
-
7 641
total
-
-
-
19 203
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.

10 015
3 986
52 301
-
unemployment
150
60
785
-
income
1 224
487
6 394
-
pensions
1 001
399
5 230
-
health
701
279
3 661
-
total
3 076
1 225
16 070
-
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.

10 015
3 986
52 301
-
pensions
1 953
777
10 199
-
total
1 953
777
10 199
-
Corporate
50 532
57 737
-
-
income
4 548
5 196
-
-
total
4 548
5 196
-
-
Dividends
45 984
52 541
-
-
withholding
8 737
9 983
-
-
social contributions
8 921
10 200
-
-
total
17 658
20 183
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 235
27 381
26 269
19 203
After tax
35 265
35 119
36 231
43 297
Living cost
6 938
6 938
6 938
6 938
Free-cash
28 327
28 181
29 293
36 359

Estimated living cost  is ₴6938 per week

₴4734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1497
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
₴19730
₴21998
₴20066
₴22277
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
national
-
-
-
10 997
pensions
-
-
-
7 500
social contributions
-
-
-
672
municipal
-
-
-
6 878
total
-
-
-
26 047
Employee
25 924
-
54 031
-
municipal
3 202
-
7 120
-
national
4 962
-
11 527
-
pensions
1 037
-
2 161
-
total
9 201
-
20 808
-
Employer
25 924
-
54 031
-
pensions
2 074
-
4 322
-
social contributions
279
-
581
-
total
2 353
-
4 903
-
Corporate
32 513
62 500
-
-
income

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

6 503
12 500
-
-
total
6 503
12 500
-
-
Dividends
26 010
50 000
-
-
withholding
5 722
11 000
-
-
total
5 722
11 000
-
-
Income
62 500
62 500
62 500
62 500
Total tax
23 779
23 500
25 711
26 047
After tax
38 721
39 000
36 789
36 453
Living cost
16 723
16 723
16 723
16 723
Free-cash
21 998
22 277
20 066
19 730

Estimated living cost  is ₴16723 per week

₴11366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1555
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.
₴3552
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
₴13024
₴24769
₴13024
₴24004
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
social contributions
-
-
-
10 460
income
-
-
-
19 270
total
-
-
-
29 730
Employee
27 115
-
62 500
-
social contributions
2 253
-
10 460
-
income
5 117
-
19 270
-
total
7 370
-
29 730
-
Employer
27 115
-
62 500
-
total
-
-
-
-
Corporate
35 385
62 500
-
-
income
4 423
7 812
-
-
total
4 423
7 812
-
-
Dividends
30 962
54 688
-
-
withholding
6 192
10 938
-
-
total
6 192
10 938
-
-
Income
62 500
62 500
62 500
62 500
Total tax
17 985
18 750
29 730
29 730
After tax
44 515
43 750
32 770
32 770
Living cost
19 746
19 746
19 746
19 746
Free-cash
24 769
24 004
13 024
13 024

Estimated living cost  is ₴19746 per week

₴15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2926
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
₴15159
₴16910
₴12335
₴18720
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
national
-
-
-
15 528
regional
-
-
-
739
social contributions
-
-
-
16 075
municipal
-
-
-
372
total
-
-
-
32 714
Employee
30 807
-
62 500
-
municipal
163
-
332
-
national
5 338
-
13 478
-
social contributions
10 388
-
21 075
-
regional
291
-
653
-
total
16 180
-
35 538
-
Employer
30 807
-
62 500
-
total
-
-
-
-
Corporate
31 693
62 500
-
-
nationa
7 606
15 000
-
-
municipal
1 236
2 437
-
-
total
8 842
17 437
-
-
Dividends
22 850
45 063
-
-
withholding
5 941
11 716
-
-
total
5 941
11 716
-
-
Income
62 500
62 500
62 500
62 500
Total tax
30 963
29 153
35 538
32 714
After tax
31 537
33 347
26 962
29 786
Living cost
14 627
14 627
14 627
14 627
Free-cash
16 910
18 720
12 335
15 159

Estimated living cost  is ₴14627 per week

₴10196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴3247
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
₴20245
₴22745
₴17436
₴23514
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
national
-
-
-
15 528
regional
-
-
-
942
social contributions
-
-
-
16 075
municipal
-
-
-
372
total
-
-
-
32 917
Employee
19 229
-
62 500
-
municipal
102
-
332
-
national
3 046
-
13 478
-
social contributions
6 484
-
21 075
-
regional
259
-
841
-
total
9 891
-
35 726
-
Employer
19 229
-
62 500
-
total
-
-
-
-
Corporate
43 271
62 500
-
-
nationa
10 385
15 000
-
-
municipal
2 150
3 106
-
-