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

Dresden , Germany
₴18790
₴23539
₴21217
₴27995
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
-
-
-
6 778
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.

-
-
-
18 073
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.

-
-
-
2 933
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.

-
-
-
994
total
-
-
-
28 778
Employee

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

16 422
-
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.

2 933
-
2 933
-
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.

25
-
994
-
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.

459
-
18 073
-
total
3 417
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 578
63 000
-
-
surtax

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

385
520
-
-
income
6 987
9 450
-
-
trade
7 336
9 922
-
-
chamber of commerce
132
156
-
-
total
14 840
20 048
-
-
Dividends
31 738
42 952
-
-
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.

428
582
-
-
withholding
7 771
10 575
-
-
total
8 199
11 157
-
-
Income
63 000
63 000
63 000
63 000
Total tax
26 456
31 205
22 000
28 778
After tax
36 544
31 795
41 000
34 222
Living cost
13 005
13 005
13 005
13 005
Free-cash
23 539
18 790
27 995
21 217

Estimated living cost  is ₴13005 per week

₴8180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3065
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.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴17648
₴17287
₴15724
₴16218
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
-
-
-
6 815
pensions
-
-
-
7 560
national
-
-
-
10 560
social contributions
-
-
-
677
total
-
-
-
25 612
Employee
33 583
-
54 463
-
municipal
4 148
-
7 059
-
pensions
1 343
-
2 179
-
national
6 428
-
10 938
-
total
11 919
-
20 176
-
Employer
33 583
-
54 463
-
social contributions
361
-
585
-
pensions
2 687
-
4 357
-
total
3 048
-
4 942
-
Corporate
24 153
63 000
-
-
income

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

4 831
12 600
-
-
total
4 831
12 600
-
-
Dividends
19 322
50 400
-
-
withholding
4 251
11 088
-
-
total
4 251
11 088
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 049
23 688
25 118
25 612
After tax
38 951
39 312
37 882
37 388
Living cost
21 664
21 664
21 664
21 664
Free-cash
17 287
17 648
16 218
15 724

Estimated living cost  is ₴21664 per week

₴14725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4601
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.

Source of data for Reykjavik model

Close
Riga , Latvia
₴41468
₴37947
₴11336
₴29593
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
microenterprise
-
-
-
-
income
-
-
-
10 217
surtax
-
-
-
16 065
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.

-
-
-
16 450
total
-
-
-
42 732
Employee
12 546
-
44 934
-
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.

1 380
-
4 942
-
surtax
-
-
-
-
income
2 233
-
8 709
-
total
3 613
-
13 651
-
Employer
12 546
-
44 934
-
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.

3 022
-
10 824
-
surtax
-
-
-
-
total
3 022
-
10 824
-
Corporate
47 432
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%.

9 486
12 600
-
-
total
9 486
12 600
-
-
Dividends

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

37 946
50 400
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
16 121
12 600
24 475
42 732
After tax
46 879
50 400
38 525
20 268
Living cost
8 932
8 932
8 932
8 932
Free-cash
37 947
41 468
29 593
11 336

Estimated living cost  is ₴8932 per week

₴5699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
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.
₴2180
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

Source of data for Riga model

Close
Rotterdam , Netherlands
₴13017
₴10385
₴17674
₴20005
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
-
-
-
17 016
pensions
-
-
-
5 030
health
-
-
-
5 294
total
-
-
-
27 340
Employee
36 665
36 665
55 021
-
health
5 628
4 787
5 294
-
income

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

6 001
6 001
6 706
-
pensions
6 600
5 030
5 030
-
total
18 229
15 818
17 030
-
Employer
36 665
36 665
55 021
-
unemployment
1 320
1 320
1 640
-
pensions
2 552
2 552
3 172
-
health
2 549
2 549
3 167
-
total
6 421
6 421
7 979
-
Corporate
20 364
19 914
-
-
income
4 073
3 983
-
-
total
4 073
3 983
-
-
Dividends
16 291
15 932
-
-
income
3 462
3 385
-
-
withholding
2 444
2 390
-
-
total
5 906
5 775
-
-
Income
63 000
63 000
63 000
63 000
Total tax
34 629
31 997
25 009
27 340
After tax
28 371
31 003
37 991
35 660
Living cost
17 986
17 986
17 986
17 986
Free-cash
10 385
13 017
20 005
17 674

Estimated living cost  is ₴17986 per week

₴12746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴3332
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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴17858
₴17487
₴16429
₴16028
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
-
-
-
15 655
accident
-
-
-
72
pensions
-
-
-
3 919
other
-
-
-
4 212
unemployment
-
-
-
36
health
-
-
-
2 262
national
-
-
-
3 875
total
-
-
-
30 031
Employee
23 568
-
51 610
-
municipal
7 028
-
15 390
-
national
-
-
3 653
-
total
7 028
-
19 043
-
Employer
23 568
-
51 610
-
accident
47
-
72
-
other
2 739
-
4 212
-
unemployment
622
-
957
-
pensions
2 548
-
3 919
-
health
1 449
-
2 229
-
total
7 405
-
11 389
-
Corporate
32 027
63 000
-
-
income
7 046
13 860
-
-
total
7 046
13 860
-
-
Dividends
24 981
49 140
-
-
withholding
7 494
14 742
-
-
total
7 494
14 742
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 973
28 602
30 432
30 031
After tax
34 027
34 398
32 568
32 969
Living cost
16 540
16 540
16 540
16 540
Free-cash
17 487
17 858
16 028
16 429

Estimated living cost  is ₴16540 per week

₴10962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3704
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

Source of data for Stockholm model

Close
Hamburg , Germany
₴14605
₴20638
₴17053
₴24133
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
-
-
-
7 080
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.

-
-
-
18 073
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.

-
-
-
2 933
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.

-
-
-
994
total
-
-
-
29 080
Employee

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

21 773
-
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.

2 933
-
2 933
-
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.

103
-
994
-
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.

1 871
-
18 073
-
total
4 907
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 227
63 000
-
-
surtax

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

340
520
-
-
income
6 184
9 450
-
-
trade
6 781
10 363
-
-
chamber of commerce
124
155
-
-
total
13 429
20 488
-
-
Dividends
27 797
42 512
-
-
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.

373
575
-
-
withholding
6 786
10 465
-
-
total
7 159
11 040
-
-
Income
63 000
63 000
63 000
63 000
Total tax
25 495
31 528
22 000
29 080
After tax
37 505
31 472
41 000
33 920
Living cost
16 867
16 867
16 867
16 867
Free-cash
20 638
14 605
24 133
17 053

Estimated living cost  is ₴16867 per week

₴11281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3556
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.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴32076
₴30294
₴29767
₴29178
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
-
-
-
10 753
health
-
-
-
1 607
social contributions
-
-
-
6 947
total
-
-
-
19 307
Employee
33 015
33 015
58 227
-
social contributions
1 604
2 740
3 696
-
health
328
561
990
-
income
3 467
3 056
10 437
-
total
5 399
6 357
15 123
-
Employer
33 015
33 015
58 227
-
social contributions
1 604
2 740
3 696
-
health
358
611
1 077
-
total
1 962
3 351
4 773
-
Corporate
41 712
26 634
-
-
income
5 214
3 329
-
-
total
5 214
3 329
-
-
Dividends
36 499
23 304
-
-
withholding
6 205
3 961
-
-
total
6 205
3 961
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 780
16 998
19 896
19 307
After tax
44 220
46 002
43 104
43 693
Living cost
13 926
13 926
13 926
13 926
Free-cash
30 294
32 076
29 178
29 767

Estimated living cost  is ₴13926 per week

₴9520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3085
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

Source of data for Limassol model

Close
Budapest , Hungary
₴27639
₴27802
₴35867
₴28746
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
-
-
-
7 702
pensions
-
-
-
6 300
unemployment
-
-
-
945
health
-
-
-
4 410
total
-
-
-
19 357
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.

11 225
4 467
52 720
-
health
786
313
3 690
-
income
1 372
546
6 445
-
pensions
1 123
447
5 272
-
unemployment
168
67
791
-
total
3 449
1 373
16 198
-
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.

11 225
4 467
52 720
-
pensions
2 189
871
10 280
-
total
2 189
871
10 280
-
Corporate
49 586
57 661
-
-
income
4 463
5 190
-
-
total
4 463
5 190
-
-
Dividends
45 123
52 472
-
-
social contributions
8 748
10 181
-
-
withholding
8 573
9 970
-
-
total
17 321
20 151
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 422
27 585
26 478
19 357
After tax
35 578
35 415
36 522
43 643
Living cost
7 776
7 776
7 776
7 776
Free-cash
27 802
27 639
28 746
35 867

Estimated living cost  is ₴7776 per week

₴5307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1678
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

Source of data for Budapest model

Close
Tallinn , Estonia
₴40030
₴37362
₴23398
₴25942
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
-
-
-
8 442
pensions
-
-
-
12 600
health
-
-
-
8 190
total
-
-
-
29 232
Employee
12 180
-
47 085
-
income
1 371
-
9 078
-
pensions
244
-
942
-
unemployment
195
-
754
-
total
1 810
-
10 774
-
Employer
12 180
-
47 085
-
unemployment
98
-
376
-
pensions
2 436
-
9 417
-
health
1 583
-
6 121
-
total
4 117
-
15 914
-
Corporate
46 703
63 000
-
-
income
9 341
12 600
-
-
total
9 341
12 600
-
-
Dividends
37 362
50 400
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
15 268
12 600
26 688
29 232
After tax
47 732
50 400
36 312
33 768
Living cost
10 370
10 370
10 370
10 370
Free-cash
37 362
40 030
25 942
23 398

Estimated living cost  is ₴10370 per week

₴7113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2431
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

Source of data for Tallinn model

Close
Gdansk , Poland
-₴4274
₴3664
₴33733
₴24418
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
accident
-
-
-
108
income
-
-
-
16 921
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
19 890
Employee
14 750
-
55 997
-
health
1 689
-
6 412
-
income
2 024
-
12 538
-
pensions
1 661
-
3 252
-
total
5 374
-
22 202
-
Employer
14 750
-
55 997
-
accident
246
-
935
-
unemployment
361
-
1 372
-
pensions
2 398
-
4 696
-
total
3 005
-
7 003
-
Corporate
45 244
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.

40 720
56 700
-
-
total
40 720
56 700
-
-
Dividends
4 524
6 300
-
-
withholding
860
1 197
-
-
total
860
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
49 959
57 897
29 205
19 890
After tax
13 041
5 103
33 795
43 110
Living cost
9 377
9 377
9 377
9 377
Free-cash
3 664
-4 274
24 418
33 733

Estimated living cost  is ₴9377 per week

₴6872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴520
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.
₴1789
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.

Source of data for Gdansk model

Close
Batumi , Georgia
₴55936
₴55202
₴58456
₴46486
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
4 892
-
63 000
-
income
978
-
12 600
-
total
978
-
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%.

58 108
63 000
-
-
total
-
-
-
-
Dividends
58 108
63 000
-
-
withholding
2 906
3 150
-
-
total
2 906
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
3 884
3 150
12 600
630
After tax
59 116
59 850
50 400
62 370
Living cost
3 914
3 914
3 914
3 914
Free-cash
55 202
55 936
46 486
58 456

Estimated living cost  is ₴3914 per week

₴2425
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.
₴108
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.
₴1055
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.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴34845
₴31946
₴21962
₴24567
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
-
-
-
8 712
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.

-
-
-
15 120
other
-
-
-
2 993
health
-
-
-
2 772
total
-
-
-
29 597
Employee
15 589
-
50 319
-
health
218
-
705
-
income
2 684
-
9 580
-
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.

1 091
-
3 522
-
unemployment
156
-
504
-
total
4 149
-
14 311
-
Employer
15 589
-
50 319
-
accident
125
-
403
-
other
780
-
2 515
-
unemployment
156
-
504
-
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.

2 650
-
8 554
-
health
218
-
705
-
total
3 929
-
12 681
-
Corporate
43 482
63 000
-
-
income
9 131
13 230
-
-
total
9 131
13 230
-
-
Dividends
34 351
49 770
-
-
withholding
2 404
3 484
-
-
total
2 404
3 484
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 613
16 714
26 992
29 597
After tax
43 387
46 286
36 008
33 403
Living cost
11 441
11 441
11 441
11 441
Free-cash
31 946
34 845
24 567
21 962

Estimated living cost  is ₴11441 per week

₴8083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2400
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

Source of data for Bratislava model

Close
London , United Kingdom
₴13752
₴12365
₴13860
₴8086
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
-
-
-
16 612
pensions
-
-
-
3 626
total
-
-
-
20 238
Employee
40 892
-
55 156
-
health
674
-
851
-
income
7 371
-
12 762
-
pensions
3 945
-
4 555
-
total
11 990
-
18 168
-
Employer
40 892
-
55 156
-
pensions
4 828
-
6 796
-
health
777
-
1 048
-
total
5 605
-
7 844
-
Corporate
16 503
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.

3 136
11 970
-
-
total
3 136
11 970
-
-
Dividends
13 367
51 030
-
-
withholding
1 002
8 376
-
-
total
1 002
8 376
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 733
20 346
26 012
20 238
After tax
41 267
42 654
36 988
42 762
Living cost
28 902
28 902
28 902
28 902
Free-cash
12 365
13 752
8 086
13 860

Estimated living cost  is ₴28902 per week

₴21657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴3615
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.

Source of data for London model

Close
Varna , Bulgaria
₴48235
₴46240
₴43915
₴46249
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
13 455
Employee
7 454
-
60 058
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
745
-
6 006
-
pensions

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

654
-
1 317
-
total
1 824
-
8 178
-
Employer
7 454
-
60 058
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 653
-
health
515
-
1 035
-
total
1 464
-
2 943
-
Corporate
54 083
63 000
-
-
income
5 408
6 300
-
-
total
5 408
6 300
-
-
Dividends
48 675
56 700
-
-
withholding
2 434
2 835
-
-
total
2 434
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
11 130
9 135
11 121
13 455
After tax
51 870
53 865
51 879
49 545
Living cost
5 630
5 630
5 630
5 630
Free-cash
46 240
48 235
46 249
43 915

Estimated living cost  is ₴5630 per week

₴3287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1792
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

Source of data for Varna model

Close
Amsterdam , Netherlands
₴7195
₴8277
₴11852
₴14183
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
-
-
-
17 016
pensions
-
-
-
5 030
health
-
-
-
5 294
total
-
-
-
27 340
Employee
39 806
36 665
55 021
-
health
4 966
4 787
5 294
-
income

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

6 001
6 001
6 706
-
pensions
5 030
5 030
5 030
-
total
15 997
15 818
17 030
-
Employer
39 806
36 665
55 021
-
unemployment
1 433
1 320
1 640
-
pensions
2 770
2 552
3 172
-
health
2 766
2 549
3 167
-
total
6 969
6 421
7 979
-
Corporate
16 224
19 914
-
-
income
3 244
3 983
-
-
total
3 244
3 983
-
-
Dividends
12 979
15 932
-
-
income
2 758
3 385
-
-
withholding
1 947
2 390
-
-
total
4 705
5 775
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 915
31 997
25 009
27 340
After tax
32 085
31 003
37 991
35 660
Living cost
23 808
23 808
23 808
23 808
Free-cash
8 277
7 195
14 183
11 852

Estimated living cost  is ₴23808 per week

₴17563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴3847
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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴33118
₴29459
₴23518
₴21713
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
-
-
-
5 960
health
-
-
-
8 505
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 760
total
-
-
-
29 225
Employee
15 084
-
47 015
-
social contributions
980
-
3 056
-
health
2 036
-
6 347
-
solidarity contribution
-
-
-
-
income
1 810
-
5 642
-
total
4 826
-
15 045
-
Employer
15 084
-
47 015
-
social contributions
3 771
-
11 754
-
health
1 358
-
4 231
-
total
5 129
-
15 985
-
Corporate
42 787
63 000
-
-
income
8 130
11 970
-
-
total
8 130
11 970
-
-
Dividends
34 658
51 030
-
-
withholding
5 199
7 655
-
-
total
5 199
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 284
19 625
31 030
29 225
After tax
39 716
43 375
31 970
33 775
Living cost
10 257
10 257
10 257
10 257
Free-cash
29 459
33 118
21 713
23 518

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴2201
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

Source of data for Brno model

Close
Milan , Italy
₴15496
₴13254
₴12731
₴9792
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
-
-
-
374
regional
-
-
-
730
national
-
-
-
14 844
social contributions
-
-
-
16 204
total
-
-
-
32 152
Employee
38 158
-
63 000
-
social contributions
12 867
-
21 244
-
regional
360
-
644
-
municipal
202
-
334
-
national
6 612
-
12 869
-
total
20 041
-
35 091
-
Employer
38 158
-
63 000
-
total
-
-
-
-
Corporate
24 842
63 000
-
-
nationa
5 962
15 120
-
-
municipal
969
2 457
-
-
total
6 931
17 577
-
-
Dividends
17 911
45 423
-
-
withholding
4 657
11 810
-
-
total
4 657
11 810
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 629
29 387
35 091
32 152
After tax
31 371
33 613
27 909
30 848
Living cost
18 117
18 117
18 117
18 117
Free-cash
13 254
15 496
9 792
12 731

Estimated living cost  is ₴18117 per week

₴12629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4022
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

Source of data for Milan model

Close
Thessaloniki , Greece
₴30153
₴28817
₴20421
₴18641
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
-
-
-
15 289
pensions
-
-
-
11 461
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 068
surtax
-
-
-
2 189
total
-
-
-
33 105
Employee
14 198
-
52 044
-
other
-
-
-
-
health
363
-
1 326
-
surtax
46
-
1 908
-
income
2 380
-
13 601
-
pensions
947
-
3 471
-
unemployment
988
-
3 623
-
total
4 724
-
23 929
-
Employer
14 198
-
52 044
-
other
-
-
-
-
unemployment
450
-
1 650
-
pensions
1 893
-
6 937
-
health
646
-
2 369
-
total
2 989
-
10 956
-
Corporate
45 813
63 000
-
-
income
11 911
16 380
-
-
total
11 911
16 380
-
-
Dividends
33 902
46 620
-
-
withholding
5 085
6 993
-
-
total
5 085
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 709
23 373
34 885
33 105
After tax
38 291
39 627
28 115
29 895
Living cost
9 474
9 474
9 474
9 474
Free-cash
28 817
30 153
18 641
20 421

Estimated living cost  is ₴9474 per week

₴5793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2589
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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴22909
₴24056
₴23017
₴17243
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
-
-
-
16 612
pensions
-
-
-
3 626
total
-
-
-
20 238
Employee
27 405
-
55 156
-
health
398
-
851
-
income
4 936
-
12 762
-
pensions
2 326
-
4 555
-
total
7 660
-
18 168
-
Employer
27 405
-
55 156
-
pensions
2 967
-
6 796
-
health
521
-
1 048
-
total
3 488
-
7 844
-
Corporate
32 108
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.

6 101
11 970
-
-
total
6 101
11 970
-
-
Dividends
26 007
51 030
-
-
withholding
1 950
8 376
-
-
total
1 950
8 376
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 199
20 346
26 012
20 238
After tax
43 801
42 654
36 988
42 762
Living cost
19 745
19 745
19 745
19 745
Free-cash
24 056
22 909
17 243
23 017

Estimated living cost  is ₴19745 per week

₴14793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴3265
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.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴3994
₴10040
₴18768
₴15705
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
city
-
-
-
664
pensions
-
-
-
5 796
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
regional
-
-
-
2 801
health
-
-
-
142
national
-
-
-
767
total
-
-
-
11 430
Employee
38 387
-
56 387
-
city
412
-
606
-
regional
1 257
-
2 410
-
health
87
-
127
-
pensions
3 225
-
4 737
-
unemployment
-
-
-
-
national
182
-
621
-
total
5 163
-
8 501
-
Employer
38 387
-
56 387
-
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.

768
-
1 128
-
unemployment
-
-
-
-
pensions
3 225
-
4 737
-
health
87
-
127
-
total
4 080
-
5 992
-
Corporate
20 111
63 000
-
-
regional
4 254
13 325
-
-
national
1 709
5 355
-
-
total
5 963
18 680
-
-
Dividends
14 148
44 320
-
-
withholding
4 952
15 512
-
-
total
4 952
15 512
-
-
Income
63 000
63 000
63 000
63 000
Total tax
20 158
34 192
14 493
11 430
After tax
42 842
28 808
48 507
51 570
Living cost
32 802
32 802
32 802
32 802
Free-cash
10 040
-3 994
15 705
18 768

Estimated living cost  is ₴32802 per week

₴21331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
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.
₴8125
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.

Source of data for Zurich model

Close
Munich , Germany
₴11477
₴18442
₴13950
₴21331
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
-
-
-
7 381
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.

-
-
-
18 073
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.

-
-
-
2 933
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.

-
-
-
994
total
-
-
-
29 381
Employee

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

25 803
-
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.

2 933
-
2 933
-
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.

167
-
994
-
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.

3 034
-
18 073
-
total
6 134
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 197
63 000
-
-
surtax

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

307
520
-
-
income
5 580
9 450
-
-
trade
6 379
10 805
-
-
chamber of commerce
117
154
-
-
total
12 383
20 929
-
-
Dividends
24 814
42 072
-
-
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.

332
570
-
-
withholding
6 040
10 355
-
-
total
6 372
10 925
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 889
31 854
22 000
29 381
After tax
38 111
31 146
41 000
33 619
Living cost
19 669
19 669
19 669
19 669
Free-cash
18 442
11 477
21 331
13 950

Estimated living cost  is ₴19669 per week

₴14365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3475
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.

Source of data for Munich model

Close
Nice , France
₴17062
₴19599
₴21018
₴21346
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
-
-
-
8 838
pensions
-
-
-
12 437
other
-
-
-
1 953
health
-
-
-
2 269
surtax
-
-
-
-
social contributions
-
-
-
1 795
total
-
-
-
27 292
Employee
18 376
-
49 522
-
social contributions
524
-
1 411
-
surtax
-
-
-
-
income
1 084
-
8 950
-
pensions
2 078
-
3 126
-
total
3 686
-
13 487
-
Employer
18 376
-
49 522
-
other
634
-
1 797
-
social contributions
55
-
148
-
unemployment
744
-
2 006
-
pensions
3 019
-
5 320
-
health
1 287
-
4 206
-
total
5 739
-
13 477
-
Corporate
38 886
63 000
-
-
surtax
-
-
-
-
income
10 888
17 640
-
-
total
10 888
17 640
-
-
Dividends
27 998
45 360
-
-
surtax
-
-
-
-
social contributions
4 815
7 802
-
-
withholding
3 583
5 806
-
-
total
8 398
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 711
31 248
26 964
27 292
After tax
34 289
31 752
36 036
35 708
Living cost
14 690
14 690
14 690
14 690
Free-cash
19 599
17 062
21 346
21 018

Estimated living cost  is ₴14690 per week

₴9262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1194
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.
₴3983
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

Source of data for Nice model

Close
Marseille , France
₴18518
₴20904
₴22474
₴22802
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
-
-
-
8 838
pensions
-
-
-
12 437
other
-
-
-
1 953
health
-
-
-
2 269
surtax
-
-
-
-
social contributions
-
-
-
1 795
total
-
-
-
27 292
Employee
16 403
-
49 522
-
social contributions
468
-
1 411
-
surtax
-
-
-
-
income
846
-
8 950
-
pensions
1 855
-
3 126
-
total
3 169
-
13 487
-
Employer
16 403
-
49 522
-
other
566
-
1 797
-
social contributions
49
-
148
-
unemployment
664
-
2 006
-
pensions
2 695
-
5 320
-
health
1 148
-
4 206
-
total
5 122
-
13 477
-
Corporate
41 475
63 000
-
-
surtax
-
-
-
-
income
11 613
17 640
-
-
total
11 613
17 640
-
-
Dividends
29 862
45 360
-
-
surtax
-
-
-
-
social contributions
5 136
7 802
-
-
withholding
3 822
5 806
-
-
total
8 958
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 862
31 248
26 964
27 292
After tax
34 138
31 752
36 036
35 708
Living cost
13 234
13 234
13 234
13 234
Free-cash
20 904
18 518
22 802
22 474

Estimated living cost  is ₴13234 per week

₴7675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3964
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

Source of data for Marseille model

Close
Vilnius , Lithuania
₴29333
₴29556
₴31355
₴30427
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
-
-
-
4 397
social contributions
-
-
-
8 694
total
-
-
-
22 541
Employee
14 558
-
63 000
-
social contributions
2 009
-
8 694
-
health
1 016
-
4 397
-
income
2 428
-
10 378
-
total
5 453
-
23 469
-
Employer
14 558
-
63 000
-
total
-
-
-
-
Corporate
48 442
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%.

2 422
3 150
-
-
total
2 422
3 150
-
-
Dividends
46 020
59 850
-
-
health
3 212
4 177
-
-
social contributions
6 350
8 259
-
-
withholding
6 903
8 977
-
-
total
16 465
21 413
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 340
24 563
23 469
22 541
After tax
38 660
38 437
39 531
40 459
Living cost
9 104
9 104
9 104
9 104
Free-cash
29 556
29 333
30 427
31 355

Estimated living cost  is ₴9104 per week

₴6093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴19852
₴19183
₴17072
₴1403
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
chamber of commerce
-
-
-
252
income
-
-
-
14 712
pensions
-
-
-
9 280
unemployment
-
-
-
2 633
health
-
-
-
3 837
surtax
-
-
-
85
total
-
-
-
30 799
Employee
21 457
17 110
48 853
-
other
214
171
489
-
health
830
662
1 890
-
income
2 443
1 262
11 669
-
pensions
2 197
1 752
5 003
-
unemployment
644
513
1 466
-
total
6 328
4 360
20 517
-
Employer
21 457
17 110
48 853
-
accident
279
222
635
-
other
1 019
812
2 320
-
chamber of commerce
86
68
196
-
unemployment
644
513
1 466
-
surtax
85
85
85
-
pensions
2 693
2 148
6 131
-
payroll
644
513
1 466
-
health
811
647
1 846
-
total
6 261
5 008
14 145
-
Corporate
35 284
40 880
47 226
-
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.

8 821
10 220
11 806
-
total
8 821
10 220
11 806
-
Dividends
26 463
30 661
-
-
withholding
7 278
8 431
-
-
total
7 278
8 431
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 688
28 019
46 468
30 799
After tax
34 312
34 981
16 532
32 201
Living cost
15 129
15 129
15 129
15 129
Free-cash
19 183
19 852
1 403
17 072

Estimated living cost  is ₴15129 per week

₴10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3499
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.

Source of data for Vienna model

Close
Brussels , Belgium
₴19605
₴13167
₴11947
₴7230
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
national
-
-
-
22 347
communal

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

-
-
-
3 188
social contributions
-
-
-
9 863
total
-
-
-
35 398
Employee

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

30 712
-
48 795
-
communal

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

1 602
-
2 545
-
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.

1 443
-
2 294
-
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.

2 303
-
3 660
-
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.

267
-
424
-
national
9 442
-
16 987
-
total
15 057
-
25 910
-
Employer

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

30 712
-
48 795
-
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.

399
-
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.

448
-
712
-
surtax
3 482
-
5 534
-
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.

2 721
-
4 323
-
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.

1 889
-
3 001
-
total
8 939
-
14 205
-
Corporate
23 348
63 000
-
-
surtax
94
252
-
-
income
4 669
12 600
-
-
total
4 763
12 852
-
-
Dividends
18 585
50 148
-
-
withholding

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

5 419
14 888
-
-
total
5 419
14 888
-
-
Income
63 000
63 000
63 000
63 000
Total tax
34 178
27 740
40 115
35 398
After tax
28 822
35 260
22 885
27 602
Living cost
15 655
15 655
15 655
15 655
Free-cash
13 167
19 605
7 230
11 947

Estimated living cost  is ₴15655 per week

₴10084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3957
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

Source of data for Brussels model

Close
Barcelona , Spain
₴26640
₴23476
₴19990
₴18101
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
accident
-
-
-
359
income
-
-
-
15 564
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
27 504
Employee
21 372
-
50 313
-
other
21
-
40
-
income
4 509
-
14 178
-
pensions
1 005
-
1 871
-
unemployment
332
-
617
-
total
5 867
-
16 706
-
Employer
21 372
-
50 313
-
accident
423
-
788
-
other
170
-
319
-
unemployment
1 176
-
2 188
-
pensions
5 043
-
9 392
-
total
6 812
-
12 687
-
Corporate
34 815
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.

5 222
9 450
-
-
total
5 222
9 450
-
-
Dividends
29 594
53 550
-
-
withholding
6 117
11 404
-
-
total
6 117
11 404
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 018
20 854
29 393
27 504
After tax
38 982
42 146
33 607
35 496
Living cost
15 506
15 506
15 506
15 506
Free-cash
23 476
26 640
18 101
19 990

Estimated living cost  is ₴15506 per week

₴11418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴14206
₴9382
₴9229
₴11738
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
accident
-
-
-
531
income
-
-
-
8 933
pensions
-
-
-
9 443
health
-
-
-
4 426
surtax
-
-
-
3 123
communal
-
-
-
3 982
total
-
-
-
30 438
Employee
32 515
-
56 275
-
health
1 447
-
2 505
-
surtax
1 993
-
3 449
-
income
3 141
-
10 747
-
pensions
2 601
-
4 502
-
total
9 182
-
21 203
-
Employer
32 515
-
56 275
-
accident
293
-
507
-
pensions
2 601
-
4 502
-
health
992
-
1 717
-
total
3 886
-
6 726
-
Corporate
26 601
63 000
-
-
surtax
279
662
-
-
communal
1 796
4 252
-
-
income
3 990
9 450
-
-
total
6 065
14 364
-
-
Dividends
20 535
48 636
-
-
income
8 071
3 801
-
-
withholding
3 081
7 296
-
-
total
11 152
11 097
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 285
25 461
27 929
30 438
After tax
32 715
37 539
35 071
32 562
Living cost
23 333
23 333
23 333
23 333
Free-cash
9 382
14 206
11 738
9 229

Estimated living cost  is ₴23333 per week

₴17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴4168
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

Source of data for Luxembourg model

Close
Athens , Greece
₴29983
₴28617
₴20251
₴18471
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
-
-
-
15 289
pensions
-
-
-
11 461
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 068
surtax
-
-
-
2 189
total
-
-
-
33 105
Employee
14 459
-
52 044
-
other
-
-
-
-
health
369
-
1 326
-
surtax
51
-
1 908
-
income
2 424
-
13 601
-
pensions
965
-
3 471
-
unemployment
1 006
-
3 623
-
total
4 815
-
23 929
-
Employer
14 459
-
52 044
-
other
-
-
-
-
unemployment
459
-
1 650
-
pensions
1 928
-
6 937
-
health
658
-
2 369
-
total
3 045
-
10 956
-
Corporate
45 497
63 000
-
-
income
11 829
16 380
-
-
total
11 829
16 380
-
-
Dividends
33 668
46 620
-
-
withholding
5 050
6 993
-
-
total
5 050
6 993
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 739
23 373
34 885
33 105
After tax
38 261
39 627
28 115
29 895
Living cost
9 644
9 644
9 644
9 644
Free-cash
28 617
29 983
18 471
20 251

Estimated living cost  is ₴9644 per week

₴5822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴838
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.
₴2760
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 of data for Athens model

Close
Naples , Italy
₴21548
₴20596
₴19062
₴16139
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
-
-
-
374
regional
-
-
-
950
national
-
-
-
14 844
social contributions
-
-
-
16 204
total
-
-
-
32 372
Employee
23 817
-
63 000
-
social contributions
8 031
-
21 244
-
regional
321
-
848
-
municipal
126
-
334
-
national
3 773
-
12 869
-
total
12 251
-
35 295
-
Employer
23 817
-
63 000
-
total
-
-
-
-
Corporate
39 183
63 000
-
-
nationa
9 404
15 120
-
-
municipal
1 947
3 131
-
-
total
11 351
18 251
-
-
Dividends
27 832
44 749
-
-
withholding
7 236
11 635
-
-
total
7 236
11 635
-
-
Income
63 000
63 000
63 000
63 000
Total tax
30 838
29 886
35 295
32 372
After tax
32 162
33 114
27 705
30 628
Living cost
11 566
11 566
11 566
11 566
Free-cash
20 596
21 548
16 139
19 062

Estimated living cost  is ₴11566 per week

₴7193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
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.
₴3003
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

Source of data for Naples model

Close
Prague , Czech Republic
₴30735
₴26227
₴21135
₴19330
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
-
-
-
5 960
health
-
-
-
8 505
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 760
total
-
-
-
29 225
Employee
18 588
-
47 015
-
social contributions
1 208
-
3 056
-
health
2 509
-
6 347
-
solidarity contribution
-
-
-
-
income
2 230
-
5 642
-
total
5 947
-
15 045
-
Employer
18 588
-
47 015
-
social contributions
4 647
-
11 754
-
health
1 673
-
4 231
-
total
6 320
-
15 985
-
Corporate
38 093
63 000
-
-
income
7 238
11 970
-
-
total
7 238
11 970
-
-
Dividends
30 855
51 030
-
-
withholding
4 628
7 655
-
-
total
4 628
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 133
19 625
31 030
29 225
After tax
38 867
43 375
31 970
33 775
Living cost
12 640
12 640
12 640
12 640
Free-cash
26 227
30 735
19 330
21 135

Estimated living cost  is ₴12640 per week

₴9400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
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

Source of data for Prague model

Close
Graz , Austria
₴21329
₴21114
₴18588
₴2849
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
chamber of commerce
-
-
-
252
income
-
-
-
14 712
pensions
-
-
-
9 280
unemployment
-
-
-
2 633
health
-
-
-
3 837
surtax
-
-
-
-
total
-
-
-
30 714
Employee
18 768
17 110
48 921
-
other
187
171
489
-
health
726
662
1 894
-
income
1 672
1 262
11 693
-
pensions
1 922
1 752
5 009
-
unemployment
563
513
1 467
-
total
5 070
4 360
20 552
-
Employer
18 768
17 110
48 921
-
accident
244
222
636
-
other
891
812
2 324
-
chamber of commerce
75
68
196
-
unemployment
563
513
1 467
-
surtax
-
-
-
-
pensions
2 356
2 148
6 139
-
payroll
563
513
1 467
-
health
710
647
1 850
-
total
5 402
4 923
14 079
-
Corporate
38 831
40 965
47 291
-
income

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

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

9 707
10 241
11 822
-
total
9 707
10 241
11 822
-
Dividends
29 123
30 724
-
-
withholding
8 009
8 449
-
-
total
8 009
8 449
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 188
27 973
46 453
30 714
After tax
34 812
35 027
16 547
32 286
Living cost
13 698
13 698
13 698
13 698
Free-cash
21 114
21 329
2 849
18 588

Estimated living cost  is ₴13698 per week

₴8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3838
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.

Source of data for Graz model

Close
Tbilisi , Georgia
₴53751
₴52607
₴56271
₴44301
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
7 624
-
63 000
-
income
1 525
-
12 600
-
total
1 525
-
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%.

55 376
63 000
-
-
total
-
-
-
-
Dividends
55 376
63 000
-
-
withholding
2 769
3 150
-
-
total
2 769
3 150
-
-
Income
63 000
63 000
63 000
63 000
Total tax
4 294
3 150
12 600
630
After tax
58 706
59 850
50 400
62 370
Living cost
6 099
6 099
6 099
6 099
Free-cash
52 607
53 751
44 301
56 271

Estimated living cost  is ₴6099 per week

₴4127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1511
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.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴31859
₴28268
₴19894
₴18226
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
income
-
-
-
13 791
pensions
-
-
-
11 505
unemployment
-
-
-
95
health
-
-
-
6 199
total
-
-
-
31 590
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.

18 986
-
54 512
-
health
1 226
-
3 521
-
income
3 274
-
12 723
-
pensions
2 943
-
8 449
-
unemployment
27
-
77
-
total
7 470
-
24 770
-
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.

18 986
-
54 512
-
unemployment
11
-
33
-
pensions
1 680
-
4 824
-
health
1 265
-
3 631
-
total
2 956
-
8 488
-
Corporate
41 058
63 000
-
-
income
7 801
11 970
-
-
total
7 801
11 970
-
-
Dividends
33 257
51 030
-
-
withholding
4 989
7 655
-
-
total
4 989
7 655
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 216
19 625
33 258
31 590
After tax
39 784
43 375
29 742
31 410
Living cost
11 516
11 516
11 516
11 516
Free-cash
28 268
31 859
18 226
19 894

Estimated living cost  is ₴11516 per week

₴7903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2652
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

Source of data for Ljubljana model

Close
Oslo , Norway
₴19781
-₴1094
₴24990
₴38797
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
26 595
-
-
-
social contributions
2 181
-
311
-
income
5 866
-
-
-
total
8 047
-
311
-
Employer
26 595
-
-
-
social contributions
37 499
-
5 344
-
total
37 499
-
5 344
-
Corporate
-
63 000
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
49 140
-
-
income
-
10 811
-
-
total
-
10 811
-
-
Income
63 000
63 000
63 000
63 000
Total tax
45 546
24 671
5 655
19 462
After tax
17 454
38 329
57 345
43 538
Living cost
18 548
18 548
18 548
18 548
Free-cash
-1 094
19 781
38 797
24 990

Estimated living cost  is ₴18548 per week

₴12034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴4532
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

Source of data for Oslo model

Close
Lisbon , Portugal
₴22368
₴21936
₴20710
₴16306
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
-
-
-
6 931
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
28 823
Employee
19 747
-
50 909
-
social contributions
2 172
-
5 600
-
surtax
-
-
-
-
income
4 107
-
15 536
-
total
6 279
-
21 136
-
Employer
19 747
-
50 909
-
social contributions
4 690
-
12 091
-
total
4 690
-
12 091
-
Corporate
38 563
63 000
-
-
surtax
-
-
-
-
income
8 098
13 230
-
-
total
8 098
13 230
-
-
Dividends
30 465
49 770
-
-
withholding
8 530
13 935
-
-
total
8 530
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 597
27 165
33 227
28 823
After tax
35 403
35 835
29 773
34 177
Living cost
13 467
13 467
13 467
13 467
Free-cash
21 936
22 368
16 306
20 710

Estimated living cost  is ₴13467 per week

₴10076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2372
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

Source of data for Lisbon model

Close
Paris , France
₴11015
₴13966
₴14971
₴15299
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
-
-
-
8 838
pensions
-
-
-
12 437
other
-
-
-
1 953
health
-
-
-
2 269
surtax
-
-
-
-
social contributions
-
-
-
1 795
total
-
-
-
27 292
Employee
26 891
-
49 522
-
social contributions
766
-
1 411
-
surtax
-
-
-
-
income
2 346
-
8 950
-
pensions
3 042
-
3 126
-
total
6 154
-
13 487
-
Employer
26 891
-
49 522
-
other
928
-
1 797
-
social contributions
81
-
148
-
unemployment
1 089
-
2 006
-
pensions
4 419
-
5 320
-
health
1 882
-
4 206
-
total
8 399
-
13 477
-
Corporate
27 710
63 000
-
-
surtax
-
-
-
-
income
7 759
17 640
-
-
total
7 759
17 640
-
-
Dividends
19 951
45 360
-
-
surtax
-
-
-
-
social contributions
3 431
7 802
-
-
withholding
2 554
5 806
-
-
total
5 985
13 608
-
-
Income
63 000
63 000
63 000
63 000
Total tax
28 297
31 248
26 964
27 292
After tax
34 703
31 752
36 036
35 708
Living cost
20 737
20 737
20 737
20 737
Free-cash
13 966
11 015
15 299
14 971

Estimated living cost  is ₴20737 per week

₴14035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4722
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

Source of data for Paris model

Close
Andorra , Andorra
₴43794
₴42352
₴33927
₴35603
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
-
-
-
2 307
social contributions
-
-
-
13 860
total
-
-
-
16 167
Employee
13 803
-
54 546
-
income
-
-
2 492
-
social contributions
897
-
3 545
-
total
897
-
6 037
-
Employer
13 803
-
54 546
-
social contributions
2 140
-
8 454
-
total
2 140
-
8 454
-
Corporate
47 057
63 000
-
-
income
4 705
6 300
-
-
total
4 705
6 300
-
-
Dividends
42 352
56 700
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
7 742
6 300
14 491
16 167
After tax
55 258
56 700
48 509
46 833
Living cost
12 906
12 906
12 906
12 906
Free-cash
42 352
43 794
35 603
33 927

Estimated living cost  is ₴12906 per week

₴8345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3345
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.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴30535
-₴30535
₴17211
-₴30535
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
-
-
-
12 748
pensions
-
-
-
372
national
-
-
-
6 984
labour market
-
-
-
5 010
total
-
-
-
25 114
Employee
87 266
87 266
87 266
-
labour market
6 971
6 971
6 971
-
national
10 661
10 661
10 661
-
municipal
18 583
18 583
18 583
-
pensions
124
124
124
-
total
36 339
36 339
36 339
-
Employer
87 266
87 266
87 266
-
labour market
6 981
6 981
6 981
-
municipal
18 612
18 612
18 612
-
pensions
248
248
248
-
national
10 680
10 680
10 680
-
total
36 521
36 521
36 521
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
63 000
63 000
63 000
63 000
Total tax
72 860
72 860
72 860
25 114
After tax
-9 860
-9 860
-9 860
37 886
Living cost
20 675
20 675
20 675
20 675
Free-cash
-30 535
-30 535
-30 535
17 211

Estimated living cost  is ₴20675 per week

₴14150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4378
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

Source of data for Copenhagen model

Close
Krakow , Poland
-₴4135
₴3686
₴33872
₴24557
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
accident
-
-
-
108
income
-
-
-
16 921
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
19 890
Employee
14 532
-
55 997
-
health
1 664
-
6 412
-
income
1 994
-
12 538
-
pensions
1 636
-
3 252
-
total
5 294
-
22 202
-
Employer
14 532
-
55 997
-
accident
243
-
935
-
unemployment
356
-
1 372
-
pensions
2 363
-
4 696
-
total
2 962
-
7 003
-
Corporate
45 506
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.

40 955
56 700
-
-
total
40 955
56 700
-
-
Dividends
4 551
6 300
-
-
withholding
865
1 197
-
-
total
865
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
50 076
57 897
29 205
19 890
After tax
12 924
5 103
33 795
43 110
Living cost
9 238
9 238
9 238
9 238
Free-cash
3 686
-4 135
24 557
33 872

Estimated living cost  is ₴9238 per week

₴6724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴1814
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.

Source of data for Krakow model

Close
Helsinki , Finland
₴23777
₴24553
₴25985
₴17366
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
-
-
-
11 198
health
-
-
-
791
national
-
-
-
8 542
total
-
-
-
20 531
Employee
22 589
-
52 999
-
health
169
-
637
-
municipal
3 700
-
8 638
-
pensions
1 524
-
3 578
-
unemployment
339
-
795
-
national
373
-
5 500
-
total
6 105
-
19 148
-
Employer
22 589
-
52 999
-
accident
23
-
53
-
unemployment
147
-
345
-
pensions
3 919
-
9 196
-
health
174
-
408
-
total
4 263
-
10 002
-
Corporate
36 149
63 000
-
-
income
7 230
12 600
-
-
total
7 230
12 600
-
-
Dividends

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

21 689
37 800
-
-
national
461
3 335
-
-
municipal
3 904
6 804
-
-
total
4 365
10 139
-
-
Income
63 000
63 000
63 000
63 000
Total tax
21 963
22 739
29 150
20 531
After tax
41 037
40 261
33 850
42 469
Living cost
16 484
16 484
16 484
16 484
Free-cash
24 553
23 777
17 366
25 985

Estimated living cost  is ₴16484 per week

₴10767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3869
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.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴36061
₴33723
₴33752
₴33163
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
-
-
-
10 753
health
-
-
-
1 607
social contributions
-
-
-
6 947
total
-
-
-
19 307
Employee
33 015
33 015
58 227
-
social contributions
1 248
2 740
3 696
-
health
256
561
990
-
income
3 595
3 056
10 437
-
total
5 099
6 357
15 123
-
Employer
33 015
33 015
58 227
-
social contributions
1 248
2 740
3 696
-
health
278
611
1 077
-
total
1 526
3 351
4 773
-
Corporate
46 434
26 634
-
-
income
5 804
3 329
-
-
total
5 804
3 329
-
-
Dividends
40 630
23 304
-
-
withholding
6 907
3 961
-
-
total
6 907
3 961
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 336
16 998
19 896
19 307
After tax
43 664
46 002
43 104
43 693
Living cost
9 941
9 941
9 941
9 941
Free-cash
33 723
36 061
33 163
33 752

Estimated living cost  is ₴9941 per week

₴5958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2788
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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴45353
₴43169
₴45580
₴36966
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
63 000
income
-
-
-
6 306
pensions
-
-
-
2 731
unemployment
-
-
-
12
health
-
-
-
1 554
total
-
-
-
10 603
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

9 855
-
58 804
-
health
838
-
3 463
-
income
674
-
5 242
-
pensions
1 478
-
6 111
-
unemployment
49
-
204
-
total
3 039
-
15 020
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

9 855
-
58 804
-
unemployment
49
-
204
-
pensions
542
-
2 241
-
health
424
-
1 752
-
total
1 015
-
4 197
-
Corporate
52 130
63 000
-
-
income
4 691
5 670
-
-
total
4 691
5 670
-
-
Dividends
47 439
57 330
-
-
withholding
4 269
5 160
-
-
total
4 269
5 160
-
-
Income
63 000
63 000
63 000
63 000
Total tax
13 014
10 830
19 217
10 603
After tax
49 986
52 170
43 783
52 397
Living cost
6 817
6 817
6 817
6 817
Free-cash
43 169
45 353
36 966
45 580

Estimated living cost  is ₴6817 per week

₴4349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴1773
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

Source of data for Podgorica model

Close
Valencia , Spain
₴30339
₴28344
₴23689
₴21800
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
accident
-
-
-
359
income
-
-
-
15 564
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
27 504
Employee
15 876
-
50 313
-
other
15
-
40
-
income
3 061
-
14 178
-
pensions
746
-
1 871
-
unemployment
246
-
617
-
total
4 068
-
16 706
-
Employer
15 876
-
50 313
-
accident
315
-
788
-
other
127
-
319
-
unemployment
873
-
2 188
-
pensions
3 746
-
9 392
-
total
5 061
-
12 687
-
Corporate
42 063
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.

6 310
9 450
-
-
total
6 310
9 450
-
-
Dividends
35 753
53 550
-
-
withholding
7 410
11 404
-
-
total
7 410
11 404
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 849
20 854
29 393
27 504
After tax
40 151
42 146
33 607
35 496
Living cost
11 807
11 807
11 807
11 807
Free-cash
28 344
30 339
21 800
23 689

Estimated living cost  is ₴11807 per week

₴7969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
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.
₴2496
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

Source of data for Valencia model

Close
Istanbul , Turkey
₴38137
₴37943
₴39085
₴39001
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
-
-
-
21 261
pensions
-
-
-
857
health
-
-
-
622
total
-
-
-
22 740
Employee
1 790
-
62 036
-
health
90
-
214
-
income
346
-
21 216
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
615
-
21 859
-
Employer
1 790
-
62 036
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
407
-
total
403
-
965
-
Corporate
60 807
63 000
-
-
income
13 378
13 860
-
-
total
13 378
13 860
-
-
Dividends
47 429
49 140
-
-
withholding
9 486
9 828
-
-
total
9 486
9 828
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 882
23 688
22 824
22 740
After tax
39 118
39 312
40 176
40 260
Living cost
1 175
1 175
1 175
1 175
Free-cash
37 943
38 137
39 001
39 085

Estimated living cost  is ₴1175 per week

₴698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴355
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 of data for Istanbul model

Close
Belgrade , Serbia
₴38098
₴35987
₴29636
₴29636
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
income
-
-
-
13 958
pensions
-
-
-
8 244
unemployment
-
-
-
476
health
-
-
-
3 266
total
-
-
-
25 944
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.

11 188
-
57 325
-
health
576
-
1 633
-
income
1 542
-
13 958
-
pensions
1 566
-
4 439
-
unemployment
84
-
238
-
total
3 768
-
20 268
-
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.

11 188
-
57 325
-
unemployment
84
-
238
-
pensions
1 343
-
3 805
-
health
576
-
1 633
-
total
2 003
-
5 676
-
Corporate
49 809
63 000
-
-
income
7 471
9 450
-
-
total
7 471
9 450
-
-
Dividends
42 338
53 550
-
-
withholding
6 351
8 032
-
-
total
6 351
8 032
-
-
Income
63 000
63 000
63 000
63 000
Total tax
19 593
17 482
25 944
25 944
After tax
43 407
45 518
37 056
37 056
Living cost
7 420
7 420
7 420
7 420
Free-cash
35 987
38 098
29 636
29 636

Estimated living cost  is ₴7420 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1635
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

Source of data for Belgrade model

Close
Porto , Portugal
₴24260
₴24105
₴22602
₴18198
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
-
-
-
6 931
surtax
-
-
-
-
social contributions

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

-
-
-
21 892
total
-
-
-
28 823
Employee
16 664
-
50 909
-
social contributions
1 833
-
5 600
-
surtax
-
-
-
-
income
3 256
-
15 536
-
total
5 089
-
21 136
-
Employer
16 664
-
50 909
-
social contributions
3 957
-
12 091
-
total
3 957
-
12 091
-
Corporate
42 378
63 000
-
-
surtax
-
-
-
-
income
8 900
13 230
-
-
total
8 900
13 230
-
-
Dividends
33 479
49 770
-
-
withholding
9 374
13 935
-
-
total
9 374
13 935
-
-
Income
63 000
63 000
63 000
63 000
Total tax
27 320
27 165
33 227
28 823
After tax
35 680
35 835
29 773
34 177
Living cost
11 575
11 575
11 575
11 575
Free-cash
24 105
24 260
18 198
22 602

Estimated living cost  is ₴11575 per week

₴8198
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.
₴205
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.
₴2368
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

Source of data for Porto model

Close
Madrid , Spain
₴27057
₴24039
₴20407
₴18518
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
accident
-
-
-
359
income
-
-
-
15 564
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
27 504
Employee
20 736
-
50 313
-
other
20
-
40
-
income
4 331
-
14 178
-
pensions
974
-
1 871
-
unemployment
321
-
617
-
total
5 646
-
16 706
-
Employer
20 736
-
50 313
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 188
-
pensions
4 894
-
9 392
-
total
6 612
-
12 687
-
Corporate
35 653
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.

5 348
9 450
-
-
total
5 348
9 450
-
-
Dividends
30 305
53 550
-
-
withholding
6 266
11 404
-
-
total
6 266
11 404
-
-
Income
63 000
63 000
63 000
63 000
Total tax
23 872
20 854
29 393
27 504
After tax
39 128
42 146
33 607
35 496
Living cost
15 089
15 089
15 089
15 089
Free-cash
24 039
27 057
18 518
20 407

Estimated living cost  is ₴15089 per week

₴10837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2867
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

Source of data for Madrid model

Close
Sofia , Bulgaria
₴46479
₴43863
₴42159
₴44493
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
13 455
Employee
9 780
-
60 058
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
978
-
6 006
-
pensions

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

859
-
1 317
-
total
2 394
-
8 178
-
Employer
9 780
-
60 058
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 653
-
health
675
-
1 035
-
total
1 919
-
2 943
-
Corporate
51 301
63 000
-
-
income
5 130
6 300
-
-
total
5 130
6 300
-
-
Dividends
46 171
56 700
-
-
withholding
2 308
2 835
-
-
total
2 308
2 835
-
-
Income
63 000
63 000
63 000
63 000
Total tax
11 751
9 135
11 121
13 455
After tax
51 249
53 865
51 879
49 545
Living cost
7 386
7 386
7 386
7 386
Free-cash
43 863
46 479
44 493
42 159

Estimated living cost  is ₴7386 per week

₴4885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
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.
₴1902
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

Source of data for Sofia model

Close
Berlin , Germany
₴15867
₴21484
₴18248
₴24424
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
-
-
-
6 176
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.

-
-
-
18 073
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.

-
-
-
2 933
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.

-
-
-
994
total
-
-
-
28 176
Employee

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

21 363
-
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.

2 933
-
2 933
-
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.

97
-
994
-
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.

1 757
-
18 073
-
total
4 787
-
22 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 637
63 000
-
-
surtax

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

344
520
-
-
income
6 245
9 450
-
-
trade
5 975
9 041
-
-
chamber of commerce
126
157
-
-
total
12 690
19 168
-
-
Dividends
28 947
43 832
-
-
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.

389
594
-
-
withholding
7 074
10 795
-
-
total
7 463
11 389
-
-
Income
63 000
63 000
63 000
63 000
Total tax
24 940
30 557
22 000
28 176
After tax
38 060
32 443
41 000
34 824
Living cost
16 576
16 576
16 576
16 576
Free-cash
21 484
15 867
24 424
18 248

Estimated living cost  is ₴16576 per week

₴11435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴3117
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.

Source of data for Berlin model

Close
Dublin , Ireland
₴19642
₴20590
₴10219
₴10219
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
-
-
-
18 104
social contributions
-
-
-
10 219
total
-
-
-
28 323
Employee
33 585
-
63 000
-
income
6 337
-
18 104
-
social contributions
2 790
-
10 219
-
total
9 127
-
28 323
-
Employer
33 585
-
63 000
-
total
-
-
-
-
Corporate
29 415
63 000
-
-
income
3 677
7 875
-
-
total
3 677
7 875
-
-
Dividends
25 738
55 125
-
-
withholding
5 148
11 025
-
-
total
5 148
11 025
-
-
Income
63 000
63 000
63 000
63 000
Total tax
17 952
18 900
28 323
28 323
After tax
45 048
44 100
34 677
34 677
Living cost
24 458
24 458
24 458
24 458
Free-cash
20 590
19 642
10 219
10 219

Estimated living cost  is ₴24458 per week

₴18607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3624
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.

Source of data for Dublin model

Close
Sliema , Malta
₴23096
₴24597
₴32313
₴29979
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
-
-
-
12 222
health

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

-
-
-
2 879
total
-
-
-
15 101
Employee
19 696
-
61 025
-
income
2 137
-
13 485
-
social contributions
1 973
-
1 975
-
total
4 110
-
15 460
-
Employer
19 696
-
61 025
-
social contributions
1 973
-
1 975
-
total
1 973
-
1 975
-
Corporate
41 330
63 000
-
-
income
14 466
22 050
-
-
total
14 466
22 050
-
-
Dividends
26 865
40 950
-
-
social contributions
2 268
2 268
-
-
total
2 268
2 268
-
-
Income
63 000
63 000
63 000
63 000
Total tax
22 817
24 318
17 435
15 101
After tax
40 183
38 682
45 565
47 899
Living cost
15 586
15 586
15 586
15 586
Free-cash
24 597
23 096
29 979
32 313

Estimated living cost  is ₴15586 per week

₴10266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴3851
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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴26602
₴28712
₴26710
₴20936
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
-
-
-
16 612
pensions
-
-
-
3 626
total
-
-
-
20 238
Employee
22 034
-
55 156
-
health
287
-
851
-
income
4 013
-
12 762
-
pensions
1 682
-
4 555
-
total
5 982
-
18 168
-
Employer
22 034
-
55 156
-
pensions
2 226
-
6 796
-
health
419
-
1 048
-
total
2 645
-
7 844
-
Corporate
38 321
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.

7 281
11 970
-
-
total
7 281
11 970
-
-
Dividends
31 040
51 030
-
-
withholding
2 328
8 376
-
-
total
2 328
8 376
-
-
Income
63 000
63 000
63 000
63 000
Total tax
18 236
20 346
26 012
20 238
After tax
44 764
42 654
36 988
42 762
Living cost
16 052
16 052
16 052
16 052
Free-cash
28 712
26 602
20 936
26 710

Estimated living cost  is ₴16052 per week

₴11012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
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.
₴3363
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.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴5050
₴3545
₴32957
₴23642
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
accident
-
-
-
108
income
-
-
-
16 921
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
19 890
Employee
15 971
-
55 997
-
health
1 829
-
6 412
-
income
2 191
-
12 538
-
pensions
1 798
-
3 252
-
total
5 818
-
22 202
-
Employer
15 971
-
55 997
-
accident
267
-
935
-
unemployment
391
-
1 372
-
pensions
2 597
-
4 696
-
total
3 255
-
7 003
-
Corporate
43 774
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.

39 397
56 700
-
-
total
39 397
56 700
-
-
Dividends
4 377
6 300
-
-
withholding
832
1 197
-
-
total
832
1 197
-
-
Income
63 000
63 000
63 000
63 000
Total tax
49 302
57 897
29 205
19 890
After tax
13 698
5 103
33 795
43 110
Living cost
10 153
10 153
10 153
10 153
Free-cash
3 545
-5 050
23 642
32 957

Estimated living cost  is ₴10153 per week

₴7451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1906
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.

Source of data for Warsaw model

Close
Skopje , Macedonia
₴47227
₴45223
₴29689
₴37594
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
63 000
work injury
-
-
-
315
health insurance
-
-
-
4 662
income
-
-
-
10 199
pensions
-
-
-
11 592
unemployment
-
-
-
756
total
-
-
-
27 524
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

9 259
-
63 000
-
work injury
46
-
171
-
income
926
-
10 199
-
pensions
1 704
-
6 303
-
health insurance
685
-
2 535
-
unemployment
111
-
411
-
total
3 472
-
19 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 741
63 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

537
630
-
-
total
537
630
-
-
Dividends
53 204
62 370
-
-
withholding
7 981
9 356
-
-
total
7 981
9 356
-
-
Income
63 000
63 000
63 000
63 000
Total tax
11 990
9 986
19 619
27 524
After tax
51 010
53 014
43 381
35 476
Living cost
5 787
5 787
5 787
5 787
Free-cash
45 223
47 227
37 594
29 689

Estimated living cost  is ₴5787 per week

₴3585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
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.
₴1601
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

Source of data for Skopje model

Close
Rome , Italy
₴16080
₴14126
₴12997
₴10162
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
-
-
-
421
regional
-
-
-
1 430
national
-
-
-
14 844
social contributions
-
-
-
16 204
total
-
-
-
32 899
Employee
36 180
-
63 000
-
social contributions
12 200
-
21 244
-
regional
546
-
1 245
-
municipal
216
-
376
-
national
6 114
-
12 869
-
total
19 076
-
35 734
-
Employer
36 180
-
63 000
-
total
-
-
-
-
Corporate
26 820
63 000
-
-
nationa
6 437
15 120
-
-
municipal
1 293
3 037
-
-
total
7 730
18 157
-
-
Dividends
19 090
44 843
-
-
withholding
4 964
11 659
-
-
total
4 964
11 659
-
-
Income
63 000
63 000
63 000
63 000
Total tax
31 770
29 816
35 734
32 899
After tax
31 230
33 184
27 266
30 101
Living cost
17 104
17 104
17 104
17 104
Free-cash
14 126
16 080
10 162
12 997

Estimated living cost  is ₴17104 per week

₴12015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
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.
₴3654
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

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close