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
₴ 65000
per

Your estimated
City
free-cash

Dresden , Germany
₴17822
₴28021
₴21409
₴23299
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.

-
-
-
65 000
income

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

-
-
-
17 629
surtax

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

-
-
-
970
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.

-
-
-
3 383
trade
-
-
-
6 612
total
-
-
-
28 594
Employee

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

18 938
-
65 000
-
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.

29
-
970
-
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.

529
-
17 629
-
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.

3 383
-
3 383
-
total
3 941
-
21 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 062
65 000
-
-
income
6 909
9 750
-
-
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.

380
537
-
-
chamber of commerce
141
168
-
-
trade
7 255
10 238
-
-
total
14 685
20 693
-
-
Dividends
31 378
44 307
-
-
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.

421
599
-
-
withholding
7 657
10 889
-
-
total
8 078
11 488
-
-
Income
65 000
65 000
65 000
65 000
Total tax
26 704
32 181
21 982
28 594
After tax
38 296
32 819
43 018
36 406
Living cost
14 997
14 997
14 997
14 997
Free-cash
23 299
17 822
28 021
21 409

Estimated living cost  is ₴14997 per week

₴9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3535
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
₴14307
₴13077
₴12567
₴13870
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
-
-
-
65 000
social contributions
-
-
-
699
municipal
-
-
-
6 935
national
-
-
-
10 746
pensions
-
-
-
7 800
total
-
-
-
26 180
Employee
40 697
-
56 192
-
municipal
5 027
-
7 187
-
pensions
1 628
-
2 248
-
national
7 789
-
11 136
-
total
14 444
-
20 571
-
Employer
40 697
-
56 192
-
pensions
3 256
-
4 495
-
social contributions
437
-
604
-
total
3 693
-
5 099
-
Corporate
17 924
65 000
-
-
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%.

3 585
13 000
-
-
total
3 585
13 000
-
-
Dividends
14 339
52 000
-
-
withholding
3 155
11 440
-
-
total
3 155
11 440
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 877
24 440
25 670
26 180
After tax
40 123
40 560
39 330
38 820
Living cost
26 253
26 253
26 253
26 253
Free-cash
13 870
14 307
13 077
12 567

Estimated living cost  is ₴26253 per week

₴17844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴393
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.
₴5576
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
₴41699
₴26159
₴9130
₴37638
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.

-
-
-
65 000
income
-
-
-
10 023
surtax
-
-
-
16 575
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.

-
-
-
18 971
microenterprise
-
-
-
-
total
-
-
-
45 569
Employee
14 468
-
52 381
-
surtax
-
-
-
-
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.

1 592
-
5 762
-
income
2 575
-
10 159
-
total
4 167
-
15 921
-
Employer
14 468
-
52 381
-
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.

3 485
-
12 619
-
surtax
-
-
-
-
total
3 485
-
12 619
-
Corporate
47 047
65 000
-
-
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%.

9 409
13 000
-
-
total
9 409
13 000
-
-
Dividends

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

37 638
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
17 061
13 000
28 540
45 569
After tax
47 939
52 000
36 460
19 431
Living cost
10 301
10 301
10 301
10 301
Free-cash
37 638
41 699
26 159
9 130

Estimated living cost  is ₴10301 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴981
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.
₴2514
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
₴11107
₴16229
₴16689
₴8074
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
-
-
-
65 000
income
-
-
-
15 662
health
-
-
-
6 106
pensions
-
-
-
5 801
total
-
-
-
27 569
Employee
42 282
42 282
55 798
-
pensions
7 611
5 801
5 801
-
income

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

6 921
6 921
6 921
-
health
6 490
5 520
6 106
-
total
21 022
18 242
18 828
-
Employer
42 282
42 282
55 798
-
health
2 939
2 939
3 652
-
pensions
2 943
2 943
3 658
-
unemployment
1 522
1 522
1 891
-
total
7 404
7 404
9 201
-
Corporate
15 833
15 314
-
-
income
3 166
3 063
-
-
total
3 166
3 063
-
-
Dividends
12 666
12 251
-
-
income
2 692
2 604
-
-
withholding
1 900
1 838
-
-
total
4 592
4 442
-
-
Income
65 000
65 000
65 000
65 000
Total tax
36 184
33 151
28 029
27 569
After tax
28 816
31 849
36 971
37 431
Living cost
20 742
20 742
20 742
20 742
Free-cash
8 074
11 107
16 229
16 689

Estimated living cost  is ₴20742 per week

₴14699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴3843
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
₴15151
₴13668
₴14215
₴14694
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
-
-
-
65 000
accident
-
-
-
89
other
-
-
-
5 180
unemployment
-
-
-
45
health
-
-
-
2 782
municipal
-
-
-
15 532
national
-
-
-
1 999
pensions
-
-
-
4 819
total
-
-
-
30 446
Employee
28 982
-
50 994
-
municipal
8 642
-
15 206
-
national
-
-
1 781
-
total
8 642
-
16 987
-
Employer
28 982
-
50 994
-
health
1 782
-
2 741
-
pensions
3 133
-
4 819
-
accident
58
-
89
-
unemployment
765
-
1 177
-
other
3 368
-
5 180
-
total
9 106
-
14 006
-
Corporate
26 912
65 000
-
-
income
5 921
14 300
-
-
total
5 921
14 300
-
-
Dividends
20 992
50 700
-
-
withholding
6 298
15 210
-
-
total
6 298
15 210
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 967
29 510
30 993
30 446
After tax
35 033
35 490
34 007
34 554
Living cost
20 339
20 339
20 339
20 339
Free-cash
14 694
15 151
13 668
14 215

Estimated living cost  is ₴20339 per week

₴13480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4555
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
₴13034
₴23567
₴16661
₴19993
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.

-
-
-
65 000
income

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

-
-
-
17 629
surtax

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

-
-
-
970
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.

-
-
-
3 383
trade
-
-
-
6 906
total
-
-
-
28 888
Employee

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

25 109
-
65 000
-
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.

118
-
970
-
income

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

2 157
-
17 629
-
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.

3 383
-
3 383
-
total
5 658
-
21 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 891
65 000
-
-
income
5 983
9 750
-
-
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.

329
537
-
-
chamber of commerce
132
167
-
-
trade
6 562
10 693
-
-
total
13 006
21 147
-
-
Dividends
26 885
43 853
-
-
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.

359
593
-
-
withholding
6 533
10 775
-
-
total
6 892
11 368
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 556
32 515
21 982
28 888
After tax
39 444
32 485
43 018
36 112
Living cost
19 451
19 451
19 451
19 451
Free-cash
19 993
13 034
23 567
16 661

Estimated living cost  is ₴19451 per week

₴13009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴4100
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
₴31431
₴28747
₴29429
₴29378
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
-
-
-
65 000
income
-
-
-
9 843
social contributions
-
-
-
8 011
health
-
-
-
1 657
total
-
-
-
19 511
Employee
38 073
38 073
59 635
-
social contributions
1 850
3 160
4 262
-
income
3 998
3 524
9 552
-
health
379
647
1 014
-
total
6 227
7 331
14 828
-
Employer
38 073
38 073
59 635
-
health
412
705
1 103
-
social contributions
1 850
3 160
4 262
-
total
2 262
3 865
5 365
-
Corporate
40 451
23 062
-
-
income
5 056
2 883
-
-
total
5 056
2 883
-
-
Dividends
35 395
20 180
-
-
withholding
6 017
3 430
-
-
total
6 017
3 430
-
-
Income
65 000
65 000
65 000
65 000
Total tax
19 562
17 509
20 193
19 511
After tax
45 438
47 491
44 807
45 489
Living cost
16 060
16 060
16 060
16 060
Free-cash
29 378
31 431
28 747
29 429

Estimated living cost  is ₴16060 per week

₴10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3557
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
₴27472
₴28589
₴35938
₴27660
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
-
-
-
65 000
income
-
-
-
7 946
unemployment
-
-
-
975
health
-
-
-
4 550
pensions
-
-
-
6 500
total
-
-
-
19 971
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.

13 124
5 223
54 393
-
unemployment
197
78
816
-
pensions
1 312
522
5 439
-
income
1 604
639
6 650
-
health
919
366
3 808
-
total
4 032
1 605
16 713
-
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.

13 124
5 223
54 393
-
pensions
2 559
1 018
10 607
-
total
2 559
1 018
10 607
-
Corporate
49 317
58 759
-
-
income
4 439
5 288
-
-
total
4 439
5 288
-
-
Dividends
44 879
53 470
-
-
social contributions
8 692
10 367
-
-
withholding
8 527
10 159
-
-
total
17 219
20 526
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 249
28 437
27 320
19 971
After tax
36 751
36 563
37 680
45 029
Living cost
9 091
9 091
9 091
9 091
Free-cash
27 660
27 472
28 589
35 938

Estimated living cost  is ₴9091 per week

₴6204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴1962
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
₴40041
₴25507
₴22881
₴36965
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
-
-
-
65 000
income
-
-
-
8 710
health
-
-
-
8 450
pensions
-
-
-
13 000
total
-
-
-
30 160
Employee
14 046
-
48 580
-
unemployment
225
-
777
-
pensions
281
-
972
-
income
1 581
-
9 366
-
total
2 087
-
11 115
-
Employer
14 046
-
48 580
-
health
1 826
-
6 315
-
pensions
2 809
-
9 715
-
unemployment
113
-
389
-
total
4 748
-
16 419
-
Corporate
46 206
65 000
-
-
income
9 241
13 000
-
-
total
9 241
13 000
-
-
Dividends
36 965
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
16 076
13 000
27 534
30 160
After tax
48 924
52 000
37 466
34 840
Living cost
11 959
11 959
11 959
11 959
Free-cash
36 965
40 041
25 507
22 881

Estimated living cost  is ₴11959 per week

₴8203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴5771
₴23450
₴33482
₴3572
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
-
-
-
65 000
accident
-
-
-
127
income
-
-
-
16 988
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
20 482
Employee
17 361
-
57 120
-
pensions
1 955
-
3 827
-
income
2 382
-
12 267
-
health
1 988
-
6 540
-
total
6 325
-
22 634
-
Employer
17 361
-
57 120
-
pensions
2 823
-
5 527
-
accident
290
-
954
-
unemployment
425
-
1 399
-
total
3 538
-
7 880
-
Corporate
44 101
65 000
-
-
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.

39 691
58 500
-
-
total
39 691
58 500
-
-
Dividends
4 410
6 500
-
-
withholding
838
1 235
-
-
total
838
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
50 392
59 735
30 514
20 482
After tax
14 608
5 265
34 486
44 518
Living cost
11 036
11 036
11 036
11 036
Free-cash
3 572
-5 771
23 450
33 482

Estimated living cost  is ₴11036 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2106
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
₴57759
₴48009
₴60359
₴57011
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%.

-
-
-
65 000
microenterprise

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

-
-
-
650
total
-
-
-
650
Employee
4 989
-
65 000
-
income
998
-
13 000
-
total
998
-
13 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

60 011
65 000
-
-
total
-
-
-
-
Dividends
60 011
65 000
-
-
withholding
3 000
3 250
-
-
total
3 000
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
3 998
3 250
13 000
650
After tax
61 002
61 750
52 000
64 350
Living cost
3 991
3 991
3 991
3 991
Free-cash
57 011
57 759
48 009
60 359

Estimated living cost  is ₴3991 per week

₴2473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1076
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
₴34562
₴24180
₴21492
₴31219
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
-
-
-
65 000
income
-
-
-
8 767
other
-
-
-
3 088
health
-
-
-
2 860
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.

-
-
-
15 600
total
-
-
-
30 315
Employee
17 978
-
51 915
-
unemployment
179
-
520
-
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.

1 258
-
3 634
-
income
3 095
-
9 663
-
health
252
-
727
-
total
4 784
-
14 544
-
Employer
17 978
-
51 915
-
health
252
-
727
-
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.

3 057
-
8 826
-
accident
144
-
415
-
unemployment
179
-
520
-
other
899
-
2 595
-
total
4 531
-
13 083
-
Corporate
42 492
65 000
-
-
income
8 923
13 650
-
-
total
8 923
13 650
-
-
Dividends
33 568
51 350
-
-
withholding
2 350
3 595
-
-
total
2 350
3 595
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 588
17 245
27 627
30 315
After tax
44 412
47 755
37 373
34 685
Living cost
13 193
13 193
13 193
13 193
Free-cash
31 219
34 562
24 180
21 492

Estimated living cost  is ₴13193 per week

₴9322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2768
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
₴12038
₴5889
₴11891
₴9139
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
-
-
-
65 000
income
-
-
-
16 299
pensions
-
-
-
3 987
total
-
-
-
20 286
Employee
46 440
-
56 979
-
pensions
4 480
-
5 061
-
income
8 371
-
12 297
-
health
765
-
909
-
total
13 616
-
18 267
-
Employer
46 440
-
56 979
-
health
882
-
1 083
-
pensions
5 483
-
6 938
-
total
6 365
-
8 021
-
Corporate
12 195
65 000
-
-
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.

2 317
12 350
-
-
total
2 317
12 350
-
-
Dividends
9 878
52 650
-
-
withholding
740
7 789
-
-
total
740
7 789
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 038
20 139
26 288
20 286
After tax
41 962
44 861
38 712
44 714
Living cost
32 823
32 823
32 823
32 823
Free-cash
9 139
12 038
5 889
11 891

Estimated living cost  is ₴32823 per week

₴24595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴4105
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
₴49086
₴46455
₴44145
₴46787
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
-
-
-
65 000
income
-
-
-
9 750
unemployment
-
-
-
69
health
-
-
-
1 988
pensions

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

-
-
-
2 559
total
-
-
-
14 366
Employee
8 593
-
61 608
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

754
-
1 518
-
income
859
-
6 161
-
health
395
-
795
-
total
2 103
-
8 664
-
Employer
8 593
-
61 608
-
health
593
-
1 193
-
pensions

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

947
-
1 905
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
unemployment
51
-
104
-
total
1 686
-
3 392
-
Corporate
54 721
65 000
-
-
income
5 472
6 500
-
-
total
5 472
6 500
-
-
Dividends
49 249
58 500
-
-
withholding
2 463
2 925
-
-
total
2 463
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
11 724
9 425
12 056
14 366
After tax
53 276
55 575
52 944
50 634
Living cost
6 489
6 489
6 489
6 489
Free-cash
46 787
49 086
46 455
44 145

Estimated living cost  is ₴6489 per week

₴3789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2065
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
₴4393
₴9515
₴9975
₴5638
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
-
-
-
65 000
income
-
-
-
15 662
health
-
-
-
6 106
pensions
-
-
-
5 801
total
-
-
-
27 569
Employee
45 905
42 282
55 798
-
pensions
5 801
5 801
5 801
-
income

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

6 921
6 921
6 921
-
health
5 727
5 520
6 106
-
total
18 449
18 242
18 828
-
Employer
45 905
42 282
55 798
-
health
3 190
2 939
3 652
-
pensions
3 195
2 943
3 658
-
unemployment
1 653
1 522
1 891
-
total
8 038
7 404
9 201
-
Corporate
11 058
15 314
-
-
income
2 212
3 063
-
-
total
2 212
3 063
-
-
Dividends
8 846
12 251
-
-
income
1 880
2 604
-
-
withholding
1 327
1 838
-
-
total
3 207
4 442
-
-
Income
65 000
65 000
65 000
65 000
Total tax
31 906
33 151
28 029
27 569
After tax
33 094
31 849
36 971
37 431
Living cost
27 456
27 456
27 456
27 456
Free-cash
5 638
4 393
9 515
9 975

Estimated living cost  is ₴27456 per week

₴20253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4436
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
₴32450
₴20682
₴20442
₴28062
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
-
-
-
65 000
income
-
-
-
5 778
social contributions
-
-
-
17 703
solidarity contribution
-
-
-
-
health
-
-
-
8 775
total
-
-
-
32 256
Employee
18 092
-
48 507
-
solidarity contribution
-
-
-
-
social contributions
1 176
-
3 153
-
income
2 171
-
5 821
-
health
2 442
-
6 549
-
total
5 789
-
15 523
-
Employer
18 092
-
48 507
-
health
1 628
-
4 366
-
social contributions
4 523
-
12 127
-
total
6 151
-
16 493
-
Corporate
40 757
65 000
-
-
income
7 744
12 350
-
-
total
7 744
12 350
-
-
Dividends
33 013
52 650
-
-
withholding
4 952
7 898
-
-
total
4 952
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 636
20 248
32 016
32 256
After tax
40 364
44 752
32 984
32 744
Living cost
12 302
12 302
12 302
12 302
Free-cash
28 062
32 450
20 682
20 442

Estimated living cost  is ₴12302 per week

₴8545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2640
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
₴13787
₴8276
₴11370
₴11203
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
-
-
-
65 000
social contributions
-
-
-
16 718
regional
-
-
-
744
municipal
-
-
-
386
national
-
-
-
14 889
total
-
-
-
32 737
Employee
44 004
-
65 000
-
municipal
233
-
345
-
national
7 625
-
12 913
-
regional
415
-
655
-
social contributions
14 838
-
21 918
-
total
23 111
-
35 831
-
Employer
44 004
-
65 000
-
total
-
-
-
-
Corporate
20 996
65 000
-
-
municipal
818
2 535
-
-
nationa
5 039
15 600
-
-
total
5 857
18 135
-
-
Dividends
15 138
46 865
-
-
withholding
3 936
12 185
-
-
total
3 936
12 185
-
-
Income
65 000
65 000
65 000
65 000
Total tax
32 904
30 320
35 831
32 737
After tax
32 096
34 680
29 169
32 263
Living cost
20 893
20 893
20 893
20 893
Free-cash
11 203
13 787
8 276
11 370

Estimated living cost  is ₴20893 per week

₴14564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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.
₴4638
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
₴29959
₴18977
₴20054
₴28416
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
-
-
-
65 000
income
-
-
-
14 320
other
-
-
-
-
surtax
-
-
-
1 972
unemployment
-
-
-
113
health
-
-
-
4 615
pensions
-
-
-
13 000
total
-
-
-
34 020
Employee
16 374
-
53 697
-
other
-
-
-
-
unemployment
1 140
-
3 738
-
pensions
1 092
-
3 582
-
surtax
54
-
1 803
-
income
2 745
-
13 300
-
health
418
-
1 370
-
total
5 449
-
23 793
-
Employer
16 374
-
53 697
-
health
745
-
2 443
-
pensions
2 183
-
7 158
-
unemployment
519
-
1 703
-
other
-
-
-
-
total
3 447
-
11 304
-
Corporate
45 180
65 000
-
-
income
11 747
16 900
-
-
total
11 747
16 900
-
-
Dividends
33 433
48 100
-
-
withholding
5 015
7 215
-
-
total
5 015
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 658
24 115
35 097
34 020
After tax
39 342
40 885
29 903
30 980
Living cost
10 926
10 926
10 926
10 926
Free-cash
28 416
29 959
18 977
20 054

Estimated living cost  is ₴10926 per week

₴6681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
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.
₴2985
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
₴22437
₴16288
₴22290
₴22415
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
-
-
-
65 000
income
-
-
-
16 299
pensions
-
-
-
3 987
total
-
-
-
20 286
Employee
31 123
-
56 979
-
pensions
2 642
-
5 061
-
income
5 605
-
12 297
-
health
452
-
909
-
total
8 699
-
18 267
-
Employer
31 123
-
56 979
-
health
591
-
1 083
-
pensions
3 369
-
6 938
-
total
3 960
-
8 021
-
Corporate
29 917
65 000
-
-
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.

5 684
12 350
-
-
total
5 684
12 350
-
-
Dividends
24 233
52 650
-
-
withholding
1 818
7 789
-
-
total
1 818
7 789
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 161
20 139
26 288
20 286
After tax
44 839
44 861
38 712
44 714
Living cost
22 424
22 424
22 424
22 424
Free-cash
22 415
22 437
16 288
22 290

Estimated living cost  is ₴22424 per week

₴16800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1681
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.
₴3708
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
-₴9493
₴11201
₴14410
₴7284
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
-
-
-
65 000
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.

-
-
-
1 300
regional
-
-
-
2 618
health
-
-
-
146
city
-
-
-
685
national
-
-
-
645
pensions
-
-
-
5 980
total
-
-
-
11 374
Employee
45 893
-
58 179
-
unemployment
-
-
-
-
pensions
3 856
-
4 887
-
national
217
-
506
-
regional
1 503
-
2 253
-
city
493
-
625
-
health
104
-
131
-
total
6 173
-
8 402
-
Employer
45 893
-
58 179
-
health
104
-
131
-
pensions
3 856
-
4 887
-
unemployment
-
-
-
-
other

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

918
-
1 163
-
total
4 878
-
6 181
-
Corporate
13 726
65 000
-
-
regional
2 903
13 747
-
-
national
1 166
5 525
-
-
total
4 069
19 272
-
-
Dividends
9 657
45 728
-
-
withholding
3 380
16 005
-
-
total
3 380
16 005
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 500
35 277
14 583
11 374
After tax
46 500
29 723
50 417
53 626
Living cost
39 216
39 216
39 216
39 216
Free-cash
7 284
-9 493
11 201
14 410

Estimated living cost  is ₴39216 per week

₴25501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9713
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
₴9470
₴20336
₴13137
₴17499
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.

-
-
-
65 000
income

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

-
-
-
17 629
surtax

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

-
-
-
970
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.

-
-
-
3 383
trade
-
-
-
7 199
total
-
-
-
29 181
Employee

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

29 756
-
65 000
-
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.

193
-
970
-
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.

3 499
-
17 629
-
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.

3 383
-
3 383
-
total
7 075
-
21 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 244
65 000
-
-
income
5 286
9 750
-
-
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.

290
537
-
-
chamber of commerce
125
166
-
-
trade
6 044
11 147
-
-
total
11 745
21 600
-
-
Dividends
23 498
43 399
-
-
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.

313
586
-
-
withholding
5 686
10 662
-
-
total
5 999
11 248
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 819
32 848
21 982
29 181
After tax
40 181
32 152
43 018
35 819
Living cost
22 682
22 682
22 682
22 682
Free-cash
17 499
9 470
20 336
13 137

Estimated living cost  is ₴22682 per week

₴16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4007
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
₴15820
₴21271
₴20050
₴18744
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
-
-
-
65 000
income
-
-
-
8 381
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 055
pensions
-
-
-
13 707
total
-
-
-
28 010
Employee
21 191
-
51 608
-
pensions
2 396
-
3 049
-
surtax
-
-
-
-
social contributions
604
-
1 470
-
income
1 251
-
8 877
-
total
4 251
-
13 396
-
Employer
21 191
-
51 608
-
health
1 484
-
4 136
-
pensions
3 481
-
5 229
-
unemployment
858
-
2 090
-
social contributions
64
-
155
-
other
731
-
1 783
-
total
6 618
-
13 393
-
Corporate
37 192
65 000
-
-
income
10 414
18 200
-
-
surtax
-
-
-
-
total
10 414
18 200
-
-
Dividends
26 778
46 800
-
-
surtax
-
-
-
-
social contributions
4 605
8 050
-
-
withholding
3 428
5 990
-
-
total
8 033
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 316
32 240
26 789
28 010
After tax
35 684
32 760
38 211
36 990
Living cost
16 940
16 940
16 940
16 940
Free-cash
18 744
15 820
21 271
20 050

Estimated living cost  is ₴16940 per week

₴10681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4594
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
₴17498
₴22949
₴21728
₴20250
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
-
-
-
65 000
income
-
-
-
8 381
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 055
pensions
-
-
-
13 707
total
-
-
-
28 010
Employee
18 916
-
51 608
-
pensions
2 139
-
3 049
-
surtax
-
-
-
-
social contributions
539
-
1 470
-
income
975
-
8 877
-
total
3 653
-
13 396
-
Employer
18 916
-
51 608
-
health
1 324
-
4 136
-
pensions
3 108
-
5 229
-
unemployment
766
-
2 090
-
social contributions
56
-
155
-
other
653
-
1 783
-
total
5 907
-
13 393
-
Corporate
40 177
65 000
-
-
income
11 250
18 200
-
-
surtax
-
-
-
-
total
11 250
18 200
-
-
Dividends
28 927
46 800
-
-
surtax
-
-
-
-
social contributions
4 975
8 050
-
-
withholding
3 703
5 990
-
-
total
8 678
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 488
32 240
26 789
28 010
After tax
35 512
32 760
38 211
36 990
Living cost
15 262
15 262
15 262
15 262
Free-cash
20 250
17 498
22 949
21 728

Estimated living cost  is ₴15262 per week

₴8851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4571
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
₴29157
₴30556
₴31244
₴29413
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
-
-
-
65 000
income
-
-
-
9 750
social contributions
-
-
-
8 970
health
-
-
-
4 537
total
-
-
-
23 257
Employee
16 788
-
65 000
-
social contributions
2 317
-
8 970
-
income
2 800
-
10 438
-
health
1 172
-
4 537
-
total
6 289
-
23 945
-
Employer
16 788
-
65 000
-
total
-
-
-
-
Corporate
48 212
65 000
-
-
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%.

2 411
3 250
-
-
total
2 411
3 250
-
-
Dividends
45 801
61 750
-
-
social contributions
6 321
8 521
-
-
withholding
6 870
9 263
-
-
health
3 197
4 310
-
-
total
16 388
22 094
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 088
25 344
23 945
23 257
After tax
39 912
39 656
41 055
41 743
Living cost
10 499
10 499
10 499
10 499
Free-cash
29 413
29 157
30 556
31 244

Estimated living cost  is ₴10499 per week

₴7026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2583
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
₴18730
₴281
₴15281
₴17967
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
-
-
-
65 000
income
-
-
-
13 752
surtax
-
-
-
98
unemployment
-
-
-
3 037
chamber of commerce
-
-
-
260
health
-
-
-
4 425
pensions
-
-
-
10 701
total
-
-
-
32 273
Employee
24 744
19 732
50 397
-
other
247
197
504
-
unemployment
742
592
1 512
-
pensions
2 534
2 020
5 160
-
income
2 817
1 455
11 414
-
health
957
764
1 951
-
total
7 297
5 028
20 541
-
Employer
24 744
19 732
50 397
-
chamber of commerce
99
79
202
-
health
935
746
1 905
-
pensions
3 105
2 477
6 324
-
accident
321
257
655
-
unemployment
742
592
1 512
-
surtax
98
98
98
-
payroll
742
592
1 512
-
other
1 175
937
2 394
-
total
7 217
5 778
14 602
-
Corporate
33 038
39 492
48 519
-
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.

8 259
9 873
12 130
-
total
8 259
9 873
12 130
-
Dividends
24 779
29 618
-
-
withholding
6 814
8 145
-
-
total
6 814
8 145
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 587
28 824
47 273
32 273
After tax
35 413
36 176
17 727
32 727
Living cost
17 446
17 446
17 446
17 446
Free-cash
17 967
18 730
281
15 281

Estimated living cost  is ₴17446 per week

₴11636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4036
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
₴18345
₴6072
₴10886
₴10920
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
-
-
-
65 000
communal

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

-
-
-
3 283
social contributions
-
-
-
10 291
national
-
-
-
22 487
total
-
-
-
36 061
Employee

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

35 417
-
50 345
-
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.

308
-
438
-
communal

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

1 847
-
2 626
-
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.

2 656
-
3 776
-
national
10 889
-
17 014
-
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.

1 664
-
2 366
-
total
17 364
-
26 220
-
Employer

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

35 417
-
50 345
-
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.

2 178
-
3 096
-
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.

3 138
-
4 460
-
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.

460
-
655
-
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.

517
-
735
-
surtax
4 016
-
5 709
-
total
10 309
-
14 655
-
Corporate
19 274
65 000
-
-
income
3 855
13 000
-
-
surtax
77
260
-
-
total
3 932
13 260
-
-
Dividends
15 342
51 739
-
-
withholding

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

4 422
15 342
-
-
total
4 422
15 342
-
-
Income
65 000
65 000
65 000
65 000
Total tax
36 027
28 602
40 875
36 061
After tax
28 973
36 398
24 125
28 939
Living cost
18 053
18 053
18 053
18 053
Free-cash
10 920
18 345
6 072
10 886

Estimated living cost  is ₴18053 per week

₴11629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4564
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
₴25714
₴16055
₴18435
₴21935
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
-
-
-
65 000
accident
-
-
-
413
income
-
-
-
14 917
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 987
total
-
-
-
28 684
Employee
24 646
-
50 369
-
other
24
-
46
-
unemployment
382
-
711
-
pensions
1 159
-
2 157
-
income
5 200
-
13 519
-
total
6 765
-
16 433
-
Employer
24 646
-
50 369
-
pensions
5 816
-
10 831
-
accident
488
-
909
-
unemployment
1 356
-
2 524
-
other
196
-
367
-
total
7 856
-
14 631
-
Corporate
32 498
65 000
-
-
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.

4 875
9 750
-
-
total
4 875
9 750
-
-
Dividends
27 623
55 250
-
-
withholding
5 688
11 655
-
-
total
5 688
11 655
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 184
21 405
31 064
28 684
After tax
39 816
43 595
33 936
36 316
Living cost
17 881
17 881
17 881
17 881
Free-cash
21 935
25 714
16 055
18 435

Estimated living cost  is ₴17881 per week

₴13168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3187
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
₴12188
₴10310
₴7717
₴7161
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
-
-
-
65 000
communal
-
-
-
4 108
accident
-
-
-
548
income
-
-
-
8 188
surtax
-
-
-
3 223
health
-
-
-
4 566
pensions
-
-
-
9 743
total
-
-
-
30 376
Employee
37 496
-
58 062
-
pensions
2 999
-
4 645
-
surtax
2 298
-
3 558
-
income
3 622
-
10 060
-
health
1 669
-
2 583
-
total
10 588
-
20 846
-
Employer
37 496
-
58 062
-
health
1 143
-
1 770
-
pensions
2 999
-
4 645
-
accident
337
-
522
-
total
4 479
-
6 937
-
Corporate
23 024
65 000
-
-
communal
1 554
4 388
-
-
income
3 454
9 750
-
-
surtax
241
682
-
-
total
5 249
14 820
-
-
Dividends
17 775
50 180
-
-
income
7 949
3 558
-
-
withholding
2 667
7 527
-
-
total
10 616
11 085
-
-
Income
65 000
65 000
65 000
65 000
Total tax
30 932
25 905
27 783
30 376
After tax
34 068
39 095
37 217
34 624
Living cost
26 907
26 907
26 907
26 907
Free-cash
7 161
12 188
10 310
7 717

Estimated living cost  is ₴26907 per week

₴20185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4807
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
₴29764
₴18782
₴19859
₴28191
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
-
-
-
65 000
income
-
-
-
14 320
other
-
-
-
-
surtax
-
-
-
1 972
unemployment
-
-
-
113
health
-
-
-
4 615
pensions
-
-
-
13 000
total
-
-
-
34 020
Employee
16 674
-
53 697
-
other
-
-
-
-
unemployment
1 160
-
3 738
-
pensions
1 112
-
3 582
-
surtax
59
-
1 803
-
income
2 795
-
13 300
-
health
426
-
1 370
-
total
5 552
-
23 793
-
Employer
16 674
-
53 697
-
health
758
-
2 443
-
pensions
2 223
-
7 158
-
unemployment
529
-
1 703
-
other
-
-
-
-
total
3 510
-
11 304
-
Corporate
44 815
65 000
-
-
income
11 652
16 900
-
-
total
11 652
16 900
-
-
Dividends
33 163
48 100
-
-
withholding
4 974
7 215
-
-
total
4 974
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 688
24 115
35 097
34 020
After tax
39 312
40 885
29 903
30 980
Living cost
11 121
11 121
11 121
11 121
Free-cash
28 191
29 764
18 782
19 859

Estimated living cost  is ₴11121 per week

₴6714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3182
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
₴20828
₴15612
₴18689
₴19728
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
-
-
-
65 000
social contributions
-
-
-
16 718
regional
-
-
-
980
municipal
-
-
-
386
national
-
-
-
14 889
total
-
-
-
32 973
Employee
27 466
-
65 000
-
municipal
146
-
345
-
national
4 351
-
12 913
-
regional
370
-
874
-
social contributions
9 262
-
21 918
-
total
14 129
-
36 050
-
Employer
27 466
-
65 000
-
total
-
-
-
-
Corporate
37 534
65 000
-
-
municipal
1 865
3 230
-
-
nationa
9 008
15 600
-
-
total
10 873
18 830
-
-
Dividends
26 661
46 169
-
-
withholding
6 932
12 004
-
-
total
6 932
12 004
-
-
Income
65 000
65 000
65 000
65 000
Total tax
31 934
30 834
36 050
32 973
After tax
33 066
34 166
28 950
32 027
Living cost
13 338
13 338
13 338
13 338
Free-cash
19 728
20 828
15 612
18 689

Estimated living cost  is ₴13338 per week

₴8295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3463
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
₴29592
₴17824
₴17584
₴24185
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
-
-
-
65 000
income
-
-
-
5 778
social contributions
-
-
-
17 703
solidarity contribution
-
-
-
-
health
-
-
-
8 775
total
-
-
-
32 256
Employee
22 294
-
48 507
-
solidarity contribution
-
-
-
-
social contributions
1 449
-
3 153
-
income
2 675
-
5 821
-
health
3 010
-
6 549
-
total
7 134
-
15 523
-
Employer
22 294
-
48 507
-
health
2 006
-
4 366
-
social contributions
5 573
-
12 127
-
total
7 579
-
16 493
-
Corporate
35 126
65 000
-
-
income
6 674
12 350
-
-
total
6 674
12 350
-
-
Dividends
28 452
52 650
-
-
withholding
4 268
7 898
-
-
total
4 268
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 655
20 248
32 016
32 256
After tax
39 345
44 752
32 984
32 744
Living cost
15 160
15 160
15 160
15 160
Free-cash
24 185
29 592
17 824
17 584

Estimated living cost  is ₴15160 per week

₴11274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴840
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.
₴2784
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
₴20433
₴1949
₴17029
₴20190
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
-
-
-
65 000
income
-
-
-
13 752
surtax
-
-
-
-
unemployment
-
-
-
3 037
chamber of commerce
-
-
-
260
health
-
-
-
4 425
pensions
-
-
-
10 701
total
-
-
-
32 175
Employee
21 644
19 732
50 472
-
other
216
197
505
-
unemployment
649
592
1 514
-
pensions
2 217
2 020
5 169
-
income
1 928
1 455
11 440
-
health
837
764
1 953
-
total
5 847
5 028
20 581
-
Employer
21 644
19 732
50 472
-
chamber of commerce
86
79
202
-
health
818
746
1 907
-
pensions
2 716
2 477
6 334
-
accident
281
257
656
-
unemployment
649
592
1 514
-
surtax
-
-
-
-
payroll
649
592
1 514
-
other
1 028
937
2 398
-
total
6 227
5 680
14 525
-
Corporate
37 128
39 589
48 596
-
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.

9 282
9 898
12 149
-
total
9 282
9 898
12 149
-
Dividends
27 846
29 692
-
-
withholding
7 658
8 165
-
-
total
7 658
8 165
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 014
28 771
47 255
32 175
After tax
35 986
36 229
17 745
32 825
Living cost
15 796
15 796
15 796
15 796
Free-cash
20 190
20 433
1 949
17 029

Estimated living cost  is ₴15796 per week

₴9476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4426
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
₴55531
₴45781
₴58131
₴54365
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%.

-
-
-
65 000
microenterprise

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

-
-
-
650
total
-
-
-
650
Employee
7 774
-
65 000
-
income
1 555
-
13 000
-
total
1 555
-
13 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

57 226
65 000
-
-
total
-
-
-
-
Dividends
57 226
65 000
-
-
withholding
2 861
3 250
-
-
total
2 861
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
4 416
3 250
13 000
650
After tax
60 584
61 750
52 000
64 350
Living cost
6 219
6 219
6 219
6 219
Free-cash
54 365
55 531
45 781
58 131

Estimated living cost  is ₴6219 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
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.
₴1541
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
₴31473
₴17807
₴19593
₴27332
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.

-
-
-
65 000
income
-
-
-
13 762
unemployment
-
-
-
98
health
-
-
-
6 396
pensions
-
-
-
11 871
total
-
-
-
32 127
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.

21 895
-
56 243
-
unemployment
31
-
79
-
pensions
3 394
-
8 718
-
income
3 776
-
12 726
-
health
1 414
-
3 633
-
total
8 615
-
25 156
-
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.

21 895
-
56 243
-
health
1 458
-
3 746
-
pensions
1 937
-
4 977
-
unemployment
13
-
34
-
total
3 408
-
8 757
-
Corporate
39 696
65 000
-
-
income
7 542
12 350
-
-
total
7 542
12 350
-
-
Dividends
32 154
52 650
-
-
withholding
4 823
7 897
-
-
total
4 823
7 897
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 388
20 247
33 913
32 127
After tax
40 612
44 753
31 087
32 873
Living cost
13 280
13 280
13 280
13 280
Free-cash
27 332
31 473
17 807
19 593

Estimated living cost  is ₴13280 per week

₴9114
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.
₴257
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.
₴3058
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
₴17866
₴36710
₴23240
-₴9918
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
-
-
-
65 000
income
-
-
-
12 670
social contributions
-
-
-
7 410
total
-
-
-
20 080
Employee
31 086
-
-
-
social contributions
2 549
-
363
-
income
6 857
-
-
-
total
9 406
-
363
-
Employer
31 086
-
-
-
social contributions
43 832
-
6 247
-
total
43 832
-
6 247
-
Corporate
-
65 000
-
-
income
-
14 300
-
-
total
-
14 300
-
-
Dividends
-
50 700
-
-
income
-
11 154
-
-
total
-
11 154
-
-
Income
65 000
65 000
65 000
65 000
Total tax
53 238
25 454
6 610
20 080
After tax
11 762
39 546
58 390
44 920
Living cost
21 680
21 680
21 680
21 680
Free-cash
-9 918
17 866
36 710
23 240

Estimated living cost  is ₴21680 per week

₴14067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴5298
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
₴21441
₴15777
₴20028
₴20943
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.

-
-
-
65 000
income
-
-
-
6 854
surtax
-
-
-
-
social contributions

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

-
-
-
22 587
total
-
-
-
29 441
Employee
22 772
-
52 525
-
surtax
-
-
-
-
social contributions
2 505
-
5 778
-
income
4 737
-
15 439
-
total
7 242
-
21 217
-
Employer
22 772
-
52 525
-
social contributions
5 408
-
12 475
-
total
5 408
-
12 475
-
Corporate
36 820
65 000
-
-
income
7 732
13 650
-
-
surtax
-
-
-
-
total
7 732
13 650
-
-
Dividends
29 088
51 350
-
-
withholding
8 144
14 378
-
-
total
8 144
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 526
28 028
33 692
29 441
After tax
36 474
36 972
31 308
35 559
Living cost
15 531
15 531
15 531
15 531
Free-cash
20 943
21 441
15 777
20 028

Estimated living cost  is ₴15531 per week

₴11620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴2735
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
₴8846
₴14297
₴13076
₴12250
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
-
-
-
65 000
income
-
-
-
8 381
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 055
pensions
-
-
-
13 707
total
-
-
-
28 010
Employee
31 011
-
51 608
-
pensions
3 508
-
3 049
-
surtax
-
-
-
-
social contributions
883
-
1 470
-
income
2 706
-
8 877
-
total
7 097
-
13 396
-
Employer
31 011
-
51 608
-
health
2 170
-
4 136
-
pensions
5 095
-
5 229
-
unemployment
1 256
-
2 090
-
social contributions
93
-
155
-
other
1 070
-
1 783
-
total
9 684
-
13 393
-
Corporate
24 304
65 000
-
-
income
6 805
18 200
-
-
surtax
-
-
-
-
total
6 805
18 200
-
-
Dividends
17 499
46 800
-
-
surtax
-
-
-
-
social contributions
3 010
8 050
-
-
withholding
2 240
5 990
-
-
total
5 250
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 836
32 240
26 789
28 010
After tax
36 164
32 760
38 211
36 990
Living cost
23 914
23 914
23 914
23 914
Free-cash
12 250
8 846
14 297
13 076

Estimated living cost  is ₴23914 per week

₴16185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5445
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
₴43617
₴35481
₴33754
₴41954
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
-
-
-
65 000
income
-
-
-
2 063
social contributions
-
-
-
14 300
total
-
-
-
16 363
Employee
15 918
-
56 277
-
income
-
-
2 255
-
social contributions
1 035
-
3 658
-
total
1 035
-
5 913
-
Employer
15 918
-
56 277
-
social contributions
2 467
-
8 723
-
total
2 467
-
8 723
-
Corporate
46 615
65 000
-
-
income
4 661
6 500
-
-
total
4 661
6 500
-
-
Dividends
41 953
58 500
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
8 163
6 500
14 636
16 363
After tax
56 837
58 500
50 364
48 637
Living cost
14 883
14 883
14 883
14 883
Free-cash
41 954
43 617
35 481
33 754

Estimated living cost  is ₴14883 per week

₴9623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3858
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
-₴42822
-₴42822
₴15776
-₴42822
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
-
-
-
65 000
labour market
-
-
-
5 166
municipal
-
-
-
12 881
national
-
-
-
6 915
pensions
-
-
-
429
total
-
-
-
25 391
Employee
100 594
100 594
100 594
-
municipal
21 421
21 421
21 421
-
labour market
8 036
8 036
8 036
-
pensions
143
143
143
-
national
12 289
12 289
12 289
-
total
41 889
41 889
41 889
-
Employer
100 594
100 594
100 594
-
national
12 311
12 311
12 311
-
labour market
8 048
8 048
8 048
-
pensions
286
286
286
-
municipal
21 455
21 455
21 455
-
total
42 100
42 100
42 100
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
83 989
83 989
83 989
25 391
After tax
-18 989
-18 989
-18 989
39 609
Living cost
23 833
23 833
23 833
23 833
Free-cash
-42 822
-42 822
-42 822
15 776

Estimated living cost  is ₴23833 per week

₴16312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴367
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.
₴5047
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
-₴5609
₴23612
₴33644
₴3596
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
-
-
-
65 000
accident
-
-
-
127
income
-
-
-
16 988
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
20 482
Employee
17 105
-
57 120
-
pensions
1 926
-
3 827
-
income
2 347
-
12 267
-
health
1 959
-
6 540
-
total
6 232
-
22 634
-
Employer
17 105
-
57 120
-
pensions
2 781
-
5 527
-
accident
286
-
954
-
unemployment
419
-
1 399
-
total
3 486
-
7 880
-
Corporate
44 409
65 000
-
-
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.

39 968
58 500
-
-
total
39 968
58 500
-
-
Dividends
4 441
6 500
-
-
withholding
844
1 235
-
-
total
844
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
50 530
59 735
30 514
20 482
After tax
14 470
5 265
34 486
44 518
Living cost
10 874
10 874
10 874
10 874
Free-cash
3 596
-5 609
23 612
33 644

Estimated living cost  is ₴10874 per week

₴7915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2135
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
₴23026
₴16503
₴25414
₴23321
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

-
-
-
65 000
health
-
-
-
794
municipal
-
-
-
11 557
national
-
-
-
8 226
total
-
-
-
20 577
Employee
26 050
-
54 682
-
municipal
4 267
-
8 917
-
unemployment
391
-
820
-
pensions
1 758
-
3 691
-
national
430
-
5 108
-
health
194
-
635
-
total
7 040
-
19 171
-
Employer
26 050
-
54 682
-
health
200
-
421
-
pensions
4 519
-
9 487
-
accident
26
-
54
-
unemployment
169
-
355
-
total
4 914
-
10 317
-
Corporate
34 035
65 000
-
-
income
6 807
13 000
-
-
total
6 807
13 000
-
-
Dividends

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

20 421
39 000
-
-
municipal
3 676
7 020
-
-
national
233
2 945
-
-
total
3 909
9 965
-
-
Income
65 000
65 000
65 000
65 000
Total tax
22 670
22 965
29 488
20 577
After tax
42 330
42 035
35 512
44 423
Living cost
19 009
19 009
19 009
19 009
Free-cash
23 321
23 026
16 503
25 414

Estimated living cost  is ₴19009 per week

₴12417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4462
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
₴36027
₴33343
₴34025
₴33333
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
-
-
-
65 000
income
-
-
-
9 843
social contributions
-
-
-
8 011
health
-
-
-
1 657
total
-
-
-
19 511
Employee
38 073
38 073
59 635
-
social contributions
1 439
3 160
4 262
-
income
4 146
3 524
9 552
-
health
295
647
1 014
-
total
5 880
7 331
14 828
-
Employer
38 073
38 073
59 635
-
health
320
705
1 103
-
social contributions
1 439
3 160
4 262
-
total
1 759
3 865
5 365
-
Corporate
45 896
23 062
-
-
income
5 737
2 883
-
-
total
5 737
2 883
-
-
Dividends
40 159
20 180
-
-
withholding
6 827
3 430
-
-
total
6 827
3 430
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 203
17 509
20 193
19 511
After tax
44 797
47 491
44 807
45 489
Living cost
11 464
11 464
11 464
11 464
Free-cash
33 333
36 027
33 343
34 025

Estimated living cost  is ₴11464 per week

₴6870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3215
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
₴45965
₴35822
₴45753
₴43448
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
-
-
-
65 000
income
-
-
-
6 430
unemployment
-
-
-
14
health
-
-
-
1 792
pensions
-
-
-
3 150
total
-
-
-
11 386
Employee

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

11 365
-
60 161
-
unemployment
56
-
235
-
pensions
1 704
-
7 047
-
income
777
-
5 203
-
health
966
-
3 993
-
total
3 503
-
16 478
-
Employer

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

11 365
-
60 161
-
health
489
-
2 020
-
pensions
625
-
2 584
-
unemployment
56
-
235
-
total
1 170
-
4 839
-
Corporate
52 465
65 000
-
-
income
4 721
5 850
-
-
total
4 721
5 850
-
-
Dividends
47 744
59 150
-
-
withholding
4 297
5 324
-
-
total
4 297
5 324
-
-
Income
65 000
65 000
65 000
65 000
Total tax
13 691
11 174
21 317
11 386
After tax
51 309
53 826
43 683
53 614
Living cost
7 861
7 861
7 861
7 861
Free-cash
43 448
45 965
35 822
45 753

Estimated living cost  is ₴7861 per week

₴5016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴567
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.
₴2045
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
₴29980
₴20320
₴22701
₴27546
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
-
-
-
65 000
accident
-
-
-
413
income
-
-
-
14 917
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 987
total
-
-
-
28 684
Employee
18 308
-
50 369
-
other
18
-
46
-
unemployment
284
-
711
-
pensions
861
-
2 157
-
income
3 530
-
13 519
-
total
4 693
-
16 433
-
Employer
18 308
-
50 369
-
pensions
4 320
-
10 831
-
accident
363
-
909
-
unemployment
1 007
-
2 524
-
other
147
-
367
-
total
5 837
-
14 631
-
Corporate
40 855
65 000
-
-
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.

6 128
9 750
-
-
total
6 128
9 750
-
-
Dividends
34 727
55 250
-
-
withholding
7 180
11 655
-
-
total
7 180
11 655
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 838
21 405
31 064
28 684
After tax
41 162
43 595
33 936
36 316
Living cost
13 616
13 616
13 616
13 616
Free-cash
27 546
29 980
20 320
22 701

Estimated living cost  is ₴13616 per week

₴9190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
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.
₴2878
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
₴39600
₴40658
₴40726
₴39441
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
-
-
-
65 000
income
-
-
-
22 106
health
-
-
-
508
pensions
-
-
-
700
total
-
-
-
23 314
Employee
1 462
-
64 212
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
22 069
-
health
73
-
175
-
total
503
-
22 594
-
Employer
1 462
-
64 212
-
health
139
-
333
-
pensions
161
-
385
-
unemployment
29
-
70
-
total
329
-
788
-
Corporate
63 209
65 000
-
-
income
13 906
14 300
-
-
total
13 906
14 300
-
-
Dividends
49 303
50 700
-
-
withholding
9 861
10 140
-
-
total
9 861
10 140
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 599
24 440
23 382
23 314
After tax
40 401
40 560
41 618
41 686
Living cost
960
960
960
960
Free-cash
39 441
39 600
40 658
40 726

Estimated living cost  is ₴960 per week

₴570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴290
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
₴38401
₴28427
₴28425
₴35963
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.

-
-
-
65 000
income
-
-
-
14 182
unemployment
-
-
-
549
health
-
-
-
3 769
pensions
-
-
-
9 513
total
-
-
-
28 013
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.

12 911
-
58 451
-
unemployment
97
-
274
-
pensions
1 808
-
5 122
-
income
1 780
-
14 182
-
health
665
-
1 884
-
total
4 350
-
21 462
-
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.

12 911
-
58 451
-
health
665
-
1 884
-
pensions
1 549
-
4 391
-
unemployment
97
-
274
-
total
2 311
-
6 549
-
Corporate
49 778
65 000
-
-
income
7 467
9 750
-
-
total
7 467
9 750
-
-
Dividends
42 311
55 250
-
-
withholding
6 347
8 287
-
-
total
6 347
8 287
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 475
18 037
28 011
28 013
After tax
44 525
46 963
36 989
36 987
Living cost
8 562
8 562
8 562
8 562
Free-cash
35 963
38 401
28 427
28 425

Estimated living cost  is ₴8562 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴1887
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
₴23624
₴17960
₴22211
₴23445
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.

-
-
-
65 000
income
-
-
-
6 854
surtax
-
-
-
-
social contributions

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

-
-
-
22 587
total
-
-
-
29 441
Employee
19 217
-
52 525
-
surtax
-
-
-
-
social contributions
2 114
-
5 778
-
income
3 755
-
15 439
-
total
5 869
-
21 217
-
Employer
19 217
-
52 525
-
social contributions
4 564
-
12 475
-
total
4 564
-
12 475
-
Corporate
41 219
65 000
-
-
income
8 656
13 650
-
-
surtax
-
-
-
-
total
8 656
13 650
-
-
Dividends
32 564
51 350
-
-
withholding
9 118
14 378
-
-
total
9 118
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 207
28 028
33 692
29 441
After tax
36 793
36 972
31 308
35 559
Living cost
13 348
13 348
13 348
13 348
Free-cash
23 445
23 624
17 960
22 211

Estimated living cost  is ₴13348 per week

₴9454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2730
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
₴26194
₴16535
₴18915
₴22585
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
-
-
-
65 000
accident
-
-
-
413
income
-
-
-
14 917
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 987
total
-
-
-
28 684
Employee
23 912
-
50 369
-
other
23
-
46
-
unemployment
370
-
711
-
pensions
1 124
-
2 157
-
income
4 994
-
13 519
-
total
6 511
-
16 433
-
Employer
23 912
-
50 369
-
pensions
5 643
-
10 831
-
accident
474
-
909
-
unemployment
1 315
-
2 524
-
other
192
-
367
-
total
7 624
-
14 631
-
Corporate
33 464
65 000
-
-
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.

5 019
9 750
-
-
total
5 019
9 750
-
-
Dividends
28 444
55 250
-
-
withholding
5 860
11 655
-
-
total
5 860
11 655
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 014
21 405
31 064
28 684
After tax
39 986
43 595
33 936
36 316
Living cost
17 401
17 401
17 401
17 401
Free-cash
22 585
26 194
16 535
18 915

Estimated living cost  is ₴17401 per week

₴12497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
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.
₴3306
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
₴47061
₴44430
₴42120
₴44044
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
-
-
-
65 000
income
-
-
-
9 750
unemployment
-
-
-
69
health
-
-
-
1 988
pensions

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

-
-
-
2 559
total
-
-
-
14 366
Employee
11 274
-
61 608
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

990
-
1 518
-
income
1 128
-
6 161
-
health
519
-
795
-
total
2 761
-
8 664
-
Employer
11 274
-
61 608
-
health
778
-
1 193
-
pensions

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

1 242
-
1 905
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 212
-
3 392
-
Corporate
51 514
65 000
-
-
income
5 151
6 500
-
-
total
5 151
6 500
-
-
Dividends
46 362
58 500
-
-
withholding
2 318
2 925
-
-
total
2 318
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
12 442
9 425
12 056
14 366
After tax
52 558
55 575
52 944
50 634
Living cost
8 514
8 514
8 514
8 514
Free-cash
44 044
47 061
44 430
42 120

Estimated living cost  is ₴8514 per week

₴5631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
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.
₴2193
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
₴14373
₴23902
₴17878
₴20849
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.

-
-
-
65 000
income

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

-
-
-
17 629
surtax

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

-
-
-
970
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.

-
-
-
3 383
trade
-
-
-
6 024
total
-
-
-
28 006
Employee

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

24 636
-
65 000
-
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.

112
-
970
-
income

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

2 026
-
17 629
-
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.

3 383
-
3 383
-
total
5 521
-
21 982
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 364
65 000
-
-
income
6 055
9 750
-
-
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.

333
537
-
-
chamber of commerce
134
170
-
-
trade
5 793
9 327
-
-
total
12 315
19 784
-
-
Dividends
28 050
45 216
-
-
surtax

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

375
612
-
-
withholding
6 824
11 115
-
-
total
7 199
11 727
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 035
31 511
21 982
28 006
After tax
39 965
33 489
43 018
36 994
Living cost
19 116
19 116
19 116
19 116
Free-cash
20 849
14 373
23 902
17 878

Estimated living cost  is ₴19116 per week

₴13186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3595
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
₴17295
₴12872
₴12872
₴18388
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
-
-
-
65 000
income
-
-
-
17 816
social contributions
-
-
-
6 107
total
-
-
-
23 923
Employee
38 730
-
65 000
-
income
7 308
-
17 816
-
social contributions
3 218
-
6 107
-
total
10 526
-
23 923
-
Employer
38 730
-
65 000
-
total
-
-
-
-
Corporate
26 270
65 000
-
-
income
3 284
8 125
-
-
total
3 284
8 125
-
-
Dividends
22 986
56 875
-
-
withholding
4 597
11 375
-
-
total
4 597
11 375
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 407
19 500
23 923
23 923
After tax
46 593
45 500
41 077
41 077
Living cost
28 205
28 205
28 205
28 205
Free-cash
18 388
17 295
12 872
12 872

Estimated living cost  is ₴28205 per week

₴21458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴4179
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
₴21661
₴29598
₴29954
₴23390
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.

-
-
-
65 000
income
-
-
-
14 094
health

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

-
-
-
2 979
total
-
-
-
17 073
Employee
22 714
-
62 722
-
income
2 465
-
12 873
-
social contributions
2 276
-
2 278
-
total
4 741
-
15 151
-
Employer
22 714
-
62 722
-
social contributions
2 276
-
2 278
-
total
2 276
-
2 278
-
Corporate
40 011
65 000
-
-
income
14 004
22 750
-
-
total
14 004
22 750
-
-
Dividends
26 007
42 250
-
-
social contributions
2 616
2 616
-
-
total
2 616
2 616
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 637
25 366
17 429
17 073
After tax
41 363
39 634
47 571
47 927
Living cost
17 973
17 973
17 973
17 973
Free-cash
23 390
21 661
29 598
29 954

Estimated living cost  is ₴17973 per week

₴11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴4441
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
₴26631
₴20482
₴26484
₴27703
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
-
-
-
65 000
income
-
-
-
16 299
pensions
-
-
-
3 987
total
-
-
-
20 286
Employee
25 023
-
56 979
-
pensions
1 910
-
5 061
-
income
4 557
-
12 297
-
health
326
-
909
-
total
6 793
-
18 267
-
Employer
25 023
-
56 979
-
health
476
-
1 083
-
pensions
2 528
-
6 938
-
total
3 004
-
8 021
-
Corporate
36 973
65 000
-
-
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.

7 024
12 350
-
-
total
7 024
12 350
-
-
Dividends
29 949
52 650
-
-
withholding
2 246
7 789
-
-
total
2 246
7 789
-
-
Income
65 000
65 000
65 000
65 000
Total tax
19 067
20 139
26 288
20 286
After tax
45 933
44 861
38 712
44 714
Living cost
18 230
18 230
18 230
18 230
Free-cash
27 703
26 631
20 482
26 484

Estimated living cost  is ₴18230 per week

₴12506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3819
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
-₴6685
₴22536
₴32568
₴3433
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
-
-
-
65 000
accident
-
-
-
127
income
-
-
-
16 988
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
20 482
Employee
18 798
-
57 120
-
pensions
2 117
-
3 827
-
income
2 579
-
12 267
-
health
2 152
-
6 540
-
total
6 848
-
22 634
-
Employer
18 798
-
57 120
-
pensions
3 056
-
5 527
-
accident
314
-
954
-
unemployment
460
-
1 399
-
total
3 830
-
7 880
-
Corporate
42 371
65 000
-
-
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.

38 134
58 500
-
-
total
38 134
58 500
-
-
Dividends
4 237
6 500
-
-
withholding
805
1 235
-
-
total
805
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
49 617
59 735
30 514
20 482
After tax
15 383
5 265
34 486
44 518
Living cost
11 950
11 950
11 950
11 950
Free-cash
3 433
-6 685
22 536
32 568

Estimated living cost  is ₴11950 per week

₴8770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2243
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

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Skopje , Macedonia
₴48009
₴37044
₴30056
₴45693
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.

-
-
-
65 000
income
-
-
-
10 381
unemployment
-
-
-
780
work injury
-
-
-
325
health insurance
-
-
-
4 810
pensions
-
-
-
11 960
total
-
-
-
28 256
Employee

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

10 700
-
65 000
-
health insurance
792
-
2 930
-
unemployment
128
-
475
-
work injury
53
-
198
-
pensions
1 969
-
7 284
-
income
1 070
-
10 381
-
total
4 012
-
21 268
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 300
65 000
-
-
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%.

543
650
-
-
total
543
650
-
-
Dividends
53 757
64 350
-
-
withholding
8 064
9 653
-
-
total
8 064
9 653
-
-
Income
65 000
65 000
65 000
65 000
Total tax
12 619
10 303
21 268
28 256
After tax
52 381
54 697
43 732
36 744
Living cost
6 688
6 688
6 688
6 688
Free-cash
45 693
48 009
37 044
30 056

Estimated living cost  is ₴6688 per week

₴4143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1850
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
₴14512
₴8819
₴11793
₴12259
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
-
-
-
65 000
social contributions
-
-
-
16 718
regional
-
-
-
1 441
municipal
-
-
-
434
national
-
-
-
14 889
total
-
-
-
33 482
Employee
41 723
-
65 000
-
municipal
249
-
388
-
national
7 051
-
12 913
-
regional
630
-
1 237
-
social contributions
14 069
-
21 918
-
total
21 999
-
36 456
-
Employer
41 723
-
65 000
-
total
-
-
-
-
Corporate
23 277
65 000
-
-
municipal
1 122
3 133
-
-
nationa
5 587
15 600
-
-
total
6 709
18 733
-
-
Dividends
16 569
46 267
-
-
withholding
4 308
12 030
-
-
total
4 308
12 030
-
-
Income
65 000
65 000
65 000
65 000
Total tax
33 016
30 763
36 456
33 482
After tax
31 984
34 237
28 544
31 518
Living cost
19 725
19 725
19 725
19 725
Free-cash
12 259
14 512
8 819
11 793

Estimated living cost  is ₴19725 per week

₴13855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4214
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

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