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
₴ 63000
per

Your estimated
City
free-cash

Valencia , Spain
₴32169
₴25606
₴26884
₴33513
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
-
-
-
63 000
unemployment
-
-
-
197
income
-
-
-
19 289
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
27 749
Employee
11 251
-
54 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
18 245
-
other
11
-
28
-
total
2 883
-
20 036
-
Employer
11 251
-
54 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
48 162
63 000
-
-
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.

7 225
9 450
-
-
total
7 225
9 450
-
-
Dividends
40 938
53 550
-
-
withholding
8 769
11 670
-
-
total
8 769
11 670
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 464
21 120
29 027
27 749
After tax
40 536
41 880
33 973
35 251
Living cost
8 367
8 367
8 367
8 367
Free-cash
32 169
33 513
25 606
26 884

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴36124
₴28391
₴28925
₴38178
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
-
-
-
63 000
pensions

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

-
-
-
11 105
income
-
-
-
10 628
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
25 967
Employee
11 048
-
51 300
-
health
155
-
648
-
unemployment
110
-
463
-
pensions

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

773
-
3 239
-
income
1 902
-
10 450
-
total
2 940
-
14 800
-
Employer
11 048
-
51 300
-
health
155
-
648
-
pensions

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

1 878
-
7 866
-
accident
88
-
411
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 701
-
Corporate
49 168
63 000
-
-
income
10 325
13 230
-
-
total
10 325
13 230
-
-
Dividends
38 843
49 770
-
-
withholding
2 719
3 484
-
-
total
2 719
3 484
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 768
16 714
26 501
25 967
After tax
44 232
46 286
36 499
37 033
Living cost
8 108
8 108
8 108
8 108
Free-cash
36 124
38 178
28 391
28 925

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴48465
₴49297
₴46727
₴49878
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
-
-
-
63 000
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
9 450
health
-
-
-
1 222
total
-
-
-
12 286
Employee
5 280
-
60 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
6 092
-
total
1 293
-
7 631
-
Employer
5 280
-
60 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
56 684
63 000
-
-
income
5 668
6 300
-
-
total
5 668
6 300
-
-
Dividends
51 016
56 700
-
-
withholding
2 551
2 835
-
-
total
2 551
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
10 548
9 135
9 716
12 286
After tax
52 452
53 865
53 284
50 714
Living cost
3 987
3 987
3 987
3 987
Free-cash
48 465
49 878
49 297
46 727

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴23140
₴23037
₴24538
₴21342
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
-
-
-
63 000
income
-
-
-
11 010
other
-
-
-
1 953
health
-
-
-
2 957
social contributions
-
-
-
1 795
pensions
-
-
-
10 337
surtax
-
-
-
-
total
-
-
-
28 052
Employee
13 022
-
48 293
-
pensions
1 472
-
3 552
-
income
769
-
9 918
-
social contributions
371
-
1 376
-
surtax
-
-
-
-
total
2 612
-
14 846
-
Employer
13 022
-
48 293
-
health
912
-
4 697
-
social contributions
39
-
145
-
pensions
2 139
-
5 943
-
unemployment
527
-
1 956
-
other
449
-
1 966
-
total
4 066
-
14 707
-
Corporate
45 911
63 000
-
-
income
12 855
17 640
-
-
surtax
-
-
-
-
total
12 855
17 640
-
-
Dividends
33 056
45 360
-
-
social contributions
5 686
7 802
-
-
surtax
-
-
-
-
withholding
4 231
5 806
-
-
total
9 917
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 450
31 248
29 553
28 052
After tax
33 550
31 752
33 447
34 948
Living cost
10 410
10 410
10 410
10 410
Free-cash
23 140
21 342
23 037
24 538

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴16722
₴27556
₴21381
₴18586
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
-
-
-
63 000
pensions
-
-
-
3 565
income
-
-
-
21 556
health
-
-
-
3 752
total
-
-
-
28 873
Employee
25 983
25 983
57 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
9 727
-
total
12 918
11 210
17 044
-
Employer
25 983
25 983
57 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
32 785
32 467
-
-
income
6 557
6 494
-
-
total
6 557
6 494
-
-
Dividends
26 228
25 973
-
-
income
5 574
5 519
-
-
withholding
3 934
3 896
-
-
total
9 508
9 415
-
-
Income
63 000
63 000
63 000
63 000
Total tax
33 532
31 668
22 698
28 873
After tax
29 468
31 332
40 302
34 127
Living cost
12 746
12 746
12 746
12 746
Free-cash
16 722
18 586
27 556
21 381

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴25909
₴30060
₴22365
₴22543
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.

-
-
-
63 000
trade
-
-
-
7 695
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.

-
-
-
20 517
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 128
total
-
-
-
31 419
Employee

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

11 638
-
63 000
-
health

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

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

2 079
-
2 079
-
income

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

325
-
20 517
-
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
-
1 128
-
total
2 422
-
23 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 362
63 000
-
-
income
7 704
9 450
-
-
trade
8 090
9 923
-
-
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.

424
520
-
-
chamber of commerce
120
137
-
-
total
16 338
20 030
-
-
Dividends
35 024
42 971
-
-
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.

475
584
-
-
withholding
8 640
10 627
-
-
total
9 115
11 211
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 875
31 241
23 724
31 419
After tax
35 125
31 759
39 276
31 581
Living cost
9 216
9 216
9 216
9 216
Free-cash
25 909
22 543
30 060
22 365

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴37226
₴35016
₴35545
₴38883
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
-
-
-
63 000
income
-
-
-
13 881
health
-
-
-
1 606
social contributions
-
-
-
4 923
total
-
-
-
20 410
Employee
23 397
23 397
59 284
-
health
181
398
1 008
-
income
2 548
2 166
13 596
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
17 223
-
Employer
23 397
23 397
59 284
-
health
197
433
1 097
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 716
-
Corporate
51 260
37 228
-
-
income
6 408
4 653
-
-
total
6 408
4 653
-
-
Dividends
44 853
32 575
-
-
withholding
7 625
5 538
-
-
total
7 625
5 538
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 729
17 072
20 939
20 410
After tax
44 271
45 928
42 061
42 590
Living cost
7 045
7 045
7 045
7 045
Free-cash
37 226
38 883
35 016
35 545

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴25984
₴18815
₴23593
₴26290
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.

-
-
-
63 000
income
-
-
-
7 971
social contributions

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

-
-
-
21 892
surtax
-
-
-
-
total
-
-
-
29 863
Employee
13 994
-
50 909
-
income
2 911
-
16 950
-
social contributions
1 539
-
5 600
-
surtax
-
-
-
-
total
4 450
-
22 550
-
Employer
13 994
-
50 909
-
social contributions
3 324
-
12 091
-
total
3 324
-
12 091
-
Corporate
45 682
63 000
-
-
income
9 593
13 230
-
-
surtax
-
-
-
-
total
9 593
13 230
-
-
Dividends
36 089
49 770
-
-
withholding
10 105
13 936
-
-
total
10 105
13 936
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 472
27 166
34 641
29 863
After tax
35 528
35 834
28 359
33 137
Living cost
9 544
9 544
9 544
9 544
Free-cash
25 984
26 290
18 815
23 593

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴57050
₴48042
₴60012
₴57492
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%.

-
-
-
63 000
microenterprise

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

-
-
-
630
total
-
-
-
630
Employee
2 948
-
63 000
-
income
589
-
12 600
-
total
589
-
12 600
-
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%.

60 052
63 000
-
-
total
-
-
-
-
Dividends
60 052
63 000
-
-
withholding
3 003
3 150
-
-
total
3 003
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
3 592
3 150
12 600
630
After tax
59 408
59 850
50 400
62 370
Living cost
2 358
2 358
2 358
2 358
Free-cash
57 050
57 492
48 042
60 012

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴32669
₴20297
₴21662
₴35214
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.

-
-
-
63 000
pensions
-
-
-
11 505
unemployment
-
-
-
95
income
-
-
-
15 377
health
-
-
-
6 200
total
-
-
-
33 177
Employee

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

13 455
-
54 513
-
health
869
-
3 521
-
unemployment
19
-
76
-
pensions
2 086
-
8 449
-
income
2 320
-
14 009
-
total
5 294
-
26 055
-
Employer

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

13 455
-
54 513
-
health
896
-
3 630
-
pensions
1 191
-
4 824
-
unemployment
8
-
33
-
total
2 095
-
8 487
-
Corporate
47 450
63 000
-
-
income
9 016
11 970
-
-
total
9 016
11 970
-
-
Dividends
38 435
51 030
-
-
withholding
5 765
7 655
-
-
total
5 765
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 170
19 625
34 542
33 177
After tax
40 830
43 375
28 458
29 823
Living cost
8 161
8 161
8 161
8 161
Free-cash
32 669
35 214
20 297
21 662

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴29361
₴33175
₴40581
₴28297
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.

-
-
-
63 000
income
-
-
-
9 450
health

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

-
-
-
1 924
total
-
-
-
11 374
Employee
13 958
-
61 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
15 980
-
total
2 913
-
17 380
-
Employer
13 958
-
61 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
47 643
63 000
-
-
income
16 675
22 050
-
-
total
16 675
22 050
-
-
Dividends
30 968
40 950
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 594
23 658
18 780
11 374
After tax
40 406
39 342
44 220
51 626
Living cost
11 045
11 045
11 045
11 045
Free-cash
29 361
28 297
33 175
40 581

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴32142
₴32430
₴34006
₴31983
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
-
-
-
63 000
income
-
-
-
9 450
health
-
-
-
4 398
social contributions
-
-
-
8 694
total
-
-
-
22 542
Employee
10 317
-
63 000
-
health
720
-
4 398
-
income
1 721
-
11 026
-
social contributions
1 424
-
8 694
-
total
3 865
-
24 118
-
Employer
10 317
-
63 000
-
total
-
-
-
-
Corporate
52 683
63 000
-
-
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%.

2 634
3 150
-
-
total
2 634
3 150
-
-
Dividends
50 049
59 850
-
-
social contributions
6 907
8 259
-
-
withholding
7 507
8 978
-
-
health
3 493
4 178
-
-
total
17 907
21 415
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 406
24 565
24 118
22 542
After tax
38 594
38 435
38 882
40 458
Living cost
6 452
6 452
6 452
6 452
Free-cash
32 142
31 983
32 430
34 006

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴31821
₴25866
₴28616
₴34859
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
-
-
-
63 000
income
-
-
-
6 682
health
-
-
-
8 505
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
734
total
-
-
-
25 867
Employee
12 525
-
49 986
-
health
1 691
-
6 748
-
solidarity contribution
-
-
487
-
income
1 503
-
6 154
-
social contributions
814
-
2 214
-
total
4 008
-
15 603
-
Employer
12 525
-
49 986
-
health
1 127
-
4 499
-
social contributions
3 131
-
8 515
-
total
4 258
-
13 014
-
Corporate
46 216
63 000
-
-
income
8 781
11 970
-
-
total
8 781
11 970
-
-
Dividends
37 435
51 030
-
-
withholding
5 615
7 654
-
-
total
5 615
7 654
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 662
19 624
28 617
25 867
After tax
40 338
43 376
34 383
37 133
Living cost
8 517
8 517
8 517
8 517
Free-cash
31 821
34 859
25 866
28 616

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴55486
₴46725
₴58695
₴56175
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%.

-
-
-
63 000
microenterprise

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

-
-
-
630
total
-
-
-
630
Employee
4 594
-
63 000
-
income
919
-
12 600
-
total
919
-
12 600
-
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%.

58 406
63 000
-
-
total
-
-
-
-
Dividends
58 406
63 000
-
-
withholding
2 920
3 150
-
-
total
2 920
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
3 839
3 150
12 600
630
After tax
59 161
59 850
50 400
62 370
Living cost
3 675
3 675
3 675
3 675
Free-cash
55 486
56 175
46 725
58 695

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴19147
₴18751
₴20252
₴17056
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
-
-
-
63 000
income
-
-
-
11 010
other
-
-
-
1 953
health
-
-
-
2 957
social contributions
-
-
-
1 795
pensions
-
-
-
10 337
surtax
-
-
-
-
total
-
-
-
28 052
Employee
19 057
-
48 293
-
pensions
2 155
-
3 552
-
income
1 663
-
9 918
-
social contributions
543
-
1 376
-
surtax
-
-
-
-
total
4 361
-
14 846
-
Employer
19 057
-
48 293
-
health
1 334
-
4 697
-
social contributions
57
-
145
-
pensions
3 131
-
5 943
-
unemployment
772
-
1 956
-
other
658
-
1 966
-
total
5 952
-
14 707
-
Corporate
37 991
63 000
-
-
income
10 638
17 640
-
-
surtax
-
-
-
-
total
10 638
17 640
-
-
Dividends
27 353
45 360
-
-
social contributions
4 705
7 802
-
-
surtax
-
-
-
-
withholding
3 501
5 806
-
-
total
8 206
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
29 157
31 248
29 553
28 052
After tax
33 843
31 752
33 447
34 948
Living cost
14 696
14 696
14 696
14 696
Free-cash
19 147
17 056
18 751
20 252

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴38781
₴34796
₴34797
₴40271
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.

-
-
-
63 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
14 483
health
-
-
-
2 309
total
-
-
-
22 957
Employee

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

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

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

7 911
-
58 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
14 483
-
total
2 664
-
18 945
-
Employer

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

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

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

7 911
-
58 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
53 673
63 000
-
-
income
8 051
9 450
-
-
total
8 051
9 450
-
-
Dividends
45 622
53 550
-
-
withholding
6 843
8 033
-
-
total
6 843
8 033
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 973
17 483
22 958
22 957
After tax
44 027
45 517
40 042
40 043
Living cost
5 246
5 246
5 246
5 246
Free-cash
38 781
40 271
34 796
34 797

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴16970
₴26954
₴29144
₴8119
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
-
-
-
63 000
pensions
-
-
-
5 796
city
-
-
-
664
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.

-
-
-
1 260
health
-
-
-
142
regional
-
-
-
3 585
national
-
-
-
1 720
total
-
-
-
13 167
Employee
24 212
-
56 759
-
health
55
-
128
-
unemployment
-
-
-
-
city
260
-
615
-
pensions
2 034
-
4 355
-
regional
793
-
3 212
-
national
115
-
1 429
-
total
3 257
-
9 739
-
Employer
24 212
-
56 759
-
health
55
-
128
-
pensions
2 034
-
4 355
-
unemployment
-
-
-
-
other

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

484
-
1 135
-
total
2 573
-
5 618
-
Corporate
35 949
63 000
-
-
regional
7 603
13 325
-
-
national
3 056
5 355
-
-
total
10 659
18 680
-
-
Dividends
25 290
44 320
-
-
withholding
8 852
15 512
-
-
total
8 852
15 512
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 341
34 192
15 357
13 167
After tax
37 659
28 808
47 643
49 833
Living cost
20 689
20 689
20 689
20 689
Free-cash
16 970
8 119
26 954
29 144

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴28151
₴20369
₴27586
₴27211
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

-
-
-
63 000
municipal
-
-
-
11 188
health
-
-
-
843
national
-
-
-
11 701
total
-
-
-
23 732
Employee
16 008
-
52 999
-
health
120
-
689
-
unemployment
240
-
795
-
pensions
1 080
-
3 578
-
national
264
-
7 257
-
municipal
2 622
-
8 629
-
total
4 326
-
20 948
-
Employer
16 008
-
52 999
-
health
123
-
408
-
pensions
2 777
-
9 195
-
accident
16
-
53
-
unemployment
104
-
345
-
total
3 020
-
10 001
-
Corporate
43 971
63 000
-
-
income
8 795
12 600
-
-
total
8 795
12 600
-
-
Dividends

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

26 383
37 800
-
-
municipal
4 749
6 804
-
-
national
2 277
4 703
-
-
total
7 026
11 507
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 167
24 107
30 949
23 732
After tax
39 833
38 893
32 051
39 268
Living cost
11 682
11 682
11 682
11 682
Free-cash
28 151
27 211
20 369
27 586

Estimated living cost  is ₴11682 per week

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

Additional information

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

Brussels , Belgium
₴19557
₴10562
₴16280
₴23782
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
-
-
-
63 000
communal

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

-
-
-
3 325
social contributions
-
-
-
7 586
national
-
-
-
24 715
total
-
-
-
35 626
Employee

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

21 765
-
48 795
-
health

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

1 023
-
2 293
-
communal

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

1 135
-
2 545
-
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
-
424
-
pensions

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

1 632
-
3 660
-
national
6 691
-
18 217
-
total
10 670
-
27 139
-
Employer

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

21 765
-
48 795
-
health

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

1 338
-
3 001
-
pensions

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

1 929
-
4 323
-
surtax
2 468
-
5 533
-
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
-
635
-
unemployment

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

318
-
713
-
total
6 336
-
14 205
-
Corporate
34 900
63 000
-
-
income
6 980
13 073
-
-
surtax
140
262
-
-
total
7 120
13 335
-
-
Dividends
27 780
49 665
-
-
withholding

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

8 223
14 789
-
-
total
8 223
14 789
-
-
Income
63 000
63 000
63 000
63 000
Total tax
32 349
28 124
41 344
35 626
After tax
30 651
34 876
21 656
27 374
Living cost
11 094
11 094
11 094
11 094
Free-cash
19 557
23 782
10 562
16 280

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴20896
₴18534
₴18855
₴21193
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
-
-
-
63 000
unemployment
-
-
-
29
municipal
-
-
-
16 286
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
6 269
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
30 940
Employee
18 816
-
53 907
-
national
-
-
6 092
-
municipal
5 611
-
16 075
-
total
5 611
-
22 167
-
Employer
18 816
-
53 907
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
38 272
63 000
-
-
income
8 420
13 860
-
-
total
8 420
13 860
-
-
Dividends
29 852
49 140
-
-
withholding
8 956
14 742
-
-
total
8 956
14 742
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 899
28 602
31 261
30 940
After tax
34 101
34 398
31 739
32 060
Living cost
13 205
13 205
13 205
13 205
Free-cash
20 896
21 193
18 534
18 855

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴7412
₴43811
₴28832
₴23623
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
-
-
-
63 000
income
-
-
-
12 280
social contributions
-
-
-
7 182
total
-
-
-
19 462
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
12 183
63 000
-
-
income
2 680
13 860
-
-
total
2 680
13 860
-
-
Dividends
9 503
49 140
-
-
income
2 091
10 811
-
-
total
2 091
10 811
-
-
Income
63 000
63 000
63 000
63 000
Total tax
40 882
24 671
4 483
19 462
After tax
22 118
38 329
58 517
43 538
Living cost
14 706
14 706
14 706
14 706
Free-cash
7 412
23 623
43 811
28 832

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴34798
₴32192
₴32721
₴36059
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
-
-
-
63 000
income
-
-
-
13 881
health
-
-
-
1 606
social contributions
-
-
-
4 923
total
-
-
-
20 410
Employee
23 397
23 397
59 284
-
health
233
398
1 008
-
income
2 457
2 166
13 596
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
17 223
-
Employer
23 397
23 397
59 284
-
health
253
433
1 097
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 716
-
Corporate
47 914
37 228
-
-
income
5 989
4 653
-
-
total
5 989
4 653
-
-
Dividends
41 925
32 575
-
-
withholding
7 127
5 538
-
-
total
7 127
5 538
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 333
17 072
20 939
20 410
After tax
44 667
45 928
42 061
42 590
Living cost
9 869
9 869
9 869
9 869
Free-cash
34 798
36 059
32 192
32 721

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴30849
₴24372
₴30012
₴29108
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
-
-
-
63 000
income
-
-
-
19 194
pensions
-
-
-
2 870
total
-
-
-
22 064
Employee
14 994
-
54 931
-
health
196
-
753
-
pensions
1 144
-
3 448
-
income
2 731
-
15 434
-
total
4 071
-
19 635
-
Employer
14 994
-
54 931
-
health
285
-
1 043
-
pensions
1 515
-
7 026
-
total
1 800
-
8 069
-
Corporate
46 206
63 000
-
-
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.

8 779
11 970
-
-
total
8 779
11 970
-
-
Dividends
37 427
51 030
-
-
withholding
6 577
10 998
-
-
total
6 577
10 998
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 227
22 968
27 704
22 064
After tax
41 773
40 032
35 296
40 936
Living cost
10 924
10 924
10 924
10 924
Free-cash
30 849
29 108
24 372
30 012

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴19678
₴14628
₴17133
₴21063
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
-
-
-
63 000
municipal
-
-
-
430
regional
-
-
-
1 489
social contributions
-
-
-
15 229
national
-
-
-
16 598
total
-
-
-
33 746
Employee
25 640
-
63 000
-
social contributions
8 646
-
19 965
-
regional
387
-
1 332
-
national
4 333
-
14 567
-
municipal
153
-
387
-
total
13 519
-
36 251
-
Employer
25 640
-
63 000
-
total
-
-
-
-
Corporate
37 360
63 000
-
-
nationa
8 967
15 120
-
-
municipal
1 801
3 037
-
-
total
10 768
18 157
-
-
Dividends
26 593
44 843
-
-
withholding
6 914
11 659
-
-
total
6 914
11 659
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 201
29 816
36 251
33 746
After tax
31 799
33 184
26 749
29 254
Living cost
12 121
12 121
12 121
12 121
Free-cash
19 678
21 063
14 628
17 133

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4107
₴28109
₴36530
-₴1395
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
-
-
-
63 000
pensions
-
-
-
1 229
income
-
-
-
17 915
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
19 972
Employee
10 222
-
57 382
-
health
1 170
-
6 570
-
pensions
1 151
-
2 253
-
income
1 402
-
13 952
-
total
3 723
-
22 775
-
Employer
10 222
-
57 382
-
pensions
1 662
-
3 254
-
accident
171
-
958
-
unemployment
250
-
1 406
-
total
2 083
-
5 618
-
Corporate
50 695
63 000
-
-
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.

45 626
56 700
-
-
total
45 626
56 700
-
-
Dividends
5 069
6 300
-
-
withholding
963
1 197
-
-
total
963
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
52 395
57 897
28 393
19 972
After tax
10 605
5 103
34 607
43 028
Living cost
6 498
6 498
6 498
6 498
Free-cash
4 107
-1 395
28 109
36 530

Estimated living cost  is ₴6498 per week

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

Additional information

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

Berlin , Germany
₴24639
₴27529
₴20519
₴20661
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.

-
-
-
63 000
trade
-
-
-
7 010
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.

-
-
-
20 517
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 128
total
-
-
-
30 734
Employee

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

15 139
-
63 000
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
20 517
-
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
-
1 128
-
total
3 393
-
23 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 861
63 000
-
-
income
7 179
9 450
-
-
trade
6 868
9 040
-
-
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.

395
520
-
-
chamber of commerce
117
139
-
-
total
14 559
19 149
-
-
Dividends
33 302
43 851
-
-
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.

452
596
-
-
withholding
8 210
10 847
-
-
total
8 662
11 443
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 614
30 592
23 724
30 734
After tax
36 386
32 408
39 276
32 266
Living cost
11 747
11 747
11 747
11 747
Free-cash
24 639
20 661
27 529
20 519

Estimated living cost  is ₴11747 per week

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

Additional information

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

Riga , Latvia
₴41574
₴20773
₴16218
₴44070
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.

-
-
-
63 000
income
-
-
-
12 729
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
16 065
total
-
-
-
40 452
Employee
8 891
-
48 887
-
income
1 583
-
10 706
-
social contributions

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

978
-
3 989
-
surtax
-
-
7 089
-
total
2 561
-
21 784
-
Employer
8 891
-
48 887
-
social contributions

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

2 142
-
8 736
-
surtax
-
-
5 377
-
total
2 142
-
14 113
-
Corporate
51 967
63 000
-
-
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%.

10 393
12 600
-
-
total
10 393
12 600
-
-
Dividends

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

41 574
50 400
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 096
12 600
35 897
40 452
After tax
47 904
50 400
27 103
22 548
Living cost
6 330
6 330
6 330
6 330
Free-cash
41 574
44 070
20 773
16 218

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴34907
₴34675
₴34946
₴35529
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
-
-
-
63 000
income
-
-
-
19 512
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
24 271
Employee
5 761
-
59 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
19 367
-
total
1 980
-
21 437
-
Employer
5 761
-
59 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
55 942
63 000
-
-
income
12 307
13 860
-
-
total
12 307
13 860
-
-
Dividends
43 635
49 140
-
-
withholding
8 727
9 828
-
-
total
8 727
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 310
23 688
24 542
24 271
After tax
38 690
39 312
38 458
38 729
Living cost
3 783
3 783
3 783
3 783
Free-cash
34 907
35 529
34 675
34 946

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴31825
₴20994
₴22854
₴32793
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
-
-
-
63 000
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
19 094
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 144
total
-
-
-
33 312
Employee
10 247
-
54 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
17 274
-
other
-
-
-
-
surtax
36
-
2 780
-
total
3 413
-
26 624
-
Employer
10 247
-
54 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
50 596
63 000
-
-
income
13 155
16 380
-
-
total
13 155
16 380
-
-
Dividends
37 441
46 620
-
-
withholding
5 616
6 993
-
-
total
5 616
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 341
23 373
35 172
33 312
After tax
38 659
39 627
27 828
29 688
Living cost
6 834
6 834
6 834
6 834
Free-cash
31 825
32 793
20 994
22 854

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴24943
₴6883
₴22714
₴25094
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
-
-
-
63 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
252
unemployment
-
-
-
1 866
income
-