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
₴17660
₴27931
₴21359
₴23197
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.

-
-
-
17 523
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.

-
-
-
964
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.

-
-
-
3 420
trade
-
-
-
6 572
total
-
-
-
28 479
Employee

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

19 145
-
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
-
964
-
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.

535
-
17 523
-
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.

3 420
-
3 420
-
total
3 984
-
21 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 855
65 000
-
-
income
6 878
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.

378
537
-
-
chamber of commerce
142
169
-
-
trade
7 222
10 237
-
-
total
14 620
20 693
-
-
Dividends
31 234
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.

419
598
-
-
withholding
7 618
10 887
-
-
total
8 037
11 485
-
-
Income
65 000
65 000
65 000
65 000
Total tax
26 641
32 178
21 907
28 479
After tax
38 359
32 822
43 093
36 521
Living cost
15 162
15 162
15 162
15 162
Free-cash
23 197
17 660
27 931
21 359

Estimated living cost  is ₴15162 per week

₴9537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1768
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.
₴3574
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
₴13929
₴12723
₴12212
₴13486
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
-
-
-
6 926
national
-
-
-
10 732
pensions
-
-
-
7 800
total
-
-
-
26 157
Employee
41 284
-
56 192
-
municipal
5 099
-
7 177
-
pensions
1 651
-
2 248
-
national
7 902
-
11 122
-
total
14 652
-
20 547
-
Employer
41 284
-
56 192
-
pensions
3 303
-
4 495
-
social contributions
444
-
604
-
total
3 747
-
5 099
-
Corporate
17 245
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%.

3 449
13 000
-
-
total
3 449
13 000
-
-
Dividends
13 796
52 000
-
-
withholding
3 035
11 440
-
-
total
3 035
11 440
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 883
24 440
25 646
26 157
After tax
40 117
40 560
39 354
38 843
Living cost
26 631
26 631
26 631
26 631
Free-cash
13 486
13 929
12 723
12 212

Estimated living cost  is ₴26631 per week

₴18101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴399
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.
₴5656
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
₴41586
₴26053
₴8863
₴37480
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
-
-
-
9 969
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.

-
-
-
19 179
microenterprise
-
-
-
-
total
-
-
-
45 723
Employee
14 627
-
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.

1 609
-
5 762
-
income
2 604
-
10 152
-
total
4 213
-
15 914
-
Employer
14 627
-
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.

3 523
-
12 619
-
surtax
-
-
-
-
total
3 523
-
12 619
-
Corporate
46 850
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%.

9 370
13 000
-
-
total
9 370
13 000
-
-
Dividends

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

37 480
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
17 106
13 000
28 533
45 723
After tax
47 894
52 000
36 467
19 277
Living cost
10 414
10 414
10 414
10 414
Free-cash
37 480
41 586
26 053
8 863

Estimated living cost  is ₴10414 per week

₴6644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴992
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.
₴2542
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
₴10865
₴15694
₴16517
₴7800
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
-
-
-
15 476
health
-
-
-
6 173
pensions
-
-
-
5 865
total
-
-
-
27 514
Employee
42 746
42 746
55 698
-
pensions
7 694
5 865
5 865
-
income

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

6 997
6 997
6 997
-
health
6 561
5 581
6 173
-
total
21 252
18 443
19 035
-
Employer
42 746
42 746
55 698
-
health
2 971
2 971
3 692
-
pensions
2 975
2 975
3 698
-
unemployment
1 539
1 539
1 912
-
total
7 485
7 485
9 302
-
Corporate
15 293
14 769
-
-
income
3 059
2 954
-
-
total
3 059
2 954
-
-
Dividends
12 234
11 815
-
-
income
2 600
2 511
-
-
withholding
1 835
1 773
-
-
total
4 435
4 284
-
-
Income
65 000
65 000
65 000
65 000
Total tax
36 231
33 166
28 337
27 514
After tax
28 769
31 834
36 663
37 486
Living cost
20 969
20 969
20 969
20 969
Free-cash
7 800
10 865
15 694
16 517

Estimated living cost  is ₴20969 per week

₴14860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
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.
₴3885
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
₴15357
₴13859
₴14403
₴14905
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
-
-
-
88
other
-
-
-
5 127
unemployment
-
-
-
44
health
-
-
-
2 753
municipal
-
-
-
15 571
national
-
-
-
2 111
pensions
-
-
-
4 770
total
-
-
-
30 464
Employee
28 688
-
51 136
-
municipal
8 555
-
15 249
-
national
-
-
1 895
-
total
8 555
-
17 144
-
Employer
28 688
-
51 136
-
health
1 764
-
2 714
-
pensions
3 101
-
4 770
-
accident
57
-
88
-
unemployment
757
-
1 165
-
other
3 334
-
5 127
-
total
9 013
-
13 864
-
Corporate
27 298
65 000
-
-
income
6 006
14 300
-
-
total
6 006
14 300
-
-
Dividends
21 293
50 700
-
-
withholding
6 388
15 210
-
-
total
6 388
15 210
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 962
29 510
31 008
30 464
After tax
35 038
35 490
33 992
34 536
Living cost
20 133
20 133
20 133
20 133
Free-cash
14 905
15 357
13 859
14 403

Estimated living cost  is ₴20133 per week

₴13343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4508
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
₴12823
₴23429
₴16565
₴19857
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.

-
-
-
17 523
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.

-
-
-
964
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.

-
-
-
3 420
trade
-
-
-
6 864
total
-
-
-
28 771
Employee

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

25 384
-
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.

120
-
964
-
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.

2 181
-
17 523
-
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.

3 420
-
3 420
-
total
5 721
-
21 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 616
65 000
-
-
income
5 943
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.

327
537
-
-
chamber of commerce
132
168
-
-
trade
6 516
10 692
-
-
total
12 918
21 147
-
-
Dividends
26 698
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.

356
593
-
-
withholding
6 484
10 773
-
-
total
6 840
11 366
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 479
32 513
21 907
28 771
After tax
39 521
32 487
43 093
36 229
Living cost
19 664
19 664
19 664
19 664
Free-cash
19 857
12 823
23 429
16 565

Estimated living cost  is ₴19664 per week

₴13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4145
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
₴31258
₴28579
₴29264
₴29182
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
-
-
-
9 743
social contributions
-
-
-
8 099
health
-
-
-
1 658
total
-
-
-
19 500
Employee
38 491
38 491
59 588
-
social contributions
1 870
3 195
4 309
-
income
4 042
3 563
9 451
-
health
383
654
1 013
-
total
6 295
7 412
14 773
-
Employer
38 491
38 491
59 588
-
health
417
712
1 103
-
social contributions
1 870
3 195
4 309
-
total
2 287
3 907
5 412
-
Corporate
40 182
22 602
-
-
income
5 023
2 825
-
-
total
5 023
2 825
-
-
Dividends
35 159
19 777
-
-
withholding
5 977
3 362
-
-
total
5 977
3 362
-
-
Income
65 000
65 000
65 000
65 000
Total tax
19 582
17 506
20 185
19 500
After tax
45 418
47 494
44 815
45 500
Living cost
16 236
16 236
16 236
16 236
Free-cash
29 182
31 258
28 579
29 264

Estimated living cost  is ₴16236 per week

₴11099
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.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3596
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
₴27589
₴28710
₴36059
₴27777
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.

12 948
5 153
54 393
-
unemployment
194
77
816
-
pensions
1 295
515
5 439
-
income
1 583
630
6 650
-
health
906
361
3 808
-
total
3 978
1 583
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.

12 948
5 153
54 393
-
pensions
2 525
1 005
10 607
-
total
2 525
1 005
10 607
-
Corporate
49 527
58 842
-
-
income
4 457
5 296
-
-
total
4 457
5 296
-
-
Dividends
45 070
53 546
-
-
social contributions
8 730
10 383
-
-
withholding
8 563
10 174
-
-
total
17 293
20 557
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 253
28 441
27 320
19 971
After tax
36 747
36 559
37 680
45 029
Living cost
8 970
8 970
8 970
8 970
Free-cash
27 777
27 589
28 710
36 059

Estimated living cost  is ₴8970 per week

₴6121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴1936
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
₴39910
₴25375
₴22750
₴36800
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
14 200
-
48 579
-
unemployment
227
-
777
-
pensions
284
-
972
-
income
1 599
-
9 366
-
total
2 110
-
11 115
-
Employer
14 200
-
48 579
-
health
1 846
-
6 315
-
pensions
2 840
-
9 716
-
unemployment
114
-
389
-
total
4 800
-
16 420
-
Corporate
46 000
65 000
-
-
income
9 200
13 000
-
-
total
9 200
13 000
-
-
Dividends
36 800
52 000
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
16 110
13 000
27 535
30 160
After tax
48 890
52 000
37 465
34 840
Living cost
12 090
12 090
12 090
12 090
Free-cash
36 800
39 910
25 375
22 750

Estimated living cost  is ₴12090 per week

₴8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2835
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
-₴5894
₴23292
₴33363
₴3554
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
-
-
-
128
income
-
-
-
16 945
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
20 478
Employee
17 554
-
57 061
-
pensions
1 977
-
3 870
-
income
2 408
-
12 206
-
health
2 010
-
6 534
-
total
6 395
-
22 610
-
Employer
17 554
-
57 061
-
pensions
2 854
-
5 588
-
accident
293
-
953
-
unemployment
430
-
1 398
-
total
3 577
-
7 939
-
Corporate
43 868
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.

39 481
58 500
-
-
total
39 481
58 500
-
-
Dividends
4 387
6 500
-
-
withholding
834
1 235
-
-
total
834
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
50 287
59 735
30 549
20 478
After tax
14 713
5 265
34 451
44 522
Living cost
11 159
11 159
11 159
11 159
Free-cash
3 554
-5 894
23 292
33 363

Estimated living cost  is ₴11159 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2130
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
₴57724
₴47974
₴60324
₴56970
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
5 032
-
65 000
-
income
1 006
-
13 000
-
total
1 006
-
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%.

59 968
65 000
-
-
total
-
-
-
-
Dividends
59 968
65 000
-
-
withholding
2 998
3 250
-
-
total
2 998
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
4 004
3 250
13 000
650
After tax
60 996
61 750
52 000
64 350
Living cost
4 026
4 026
4 026
4 026
Free-cash
56 970
57 724
47 974
60 324

Estimated living cost  is ₴4026 per week

₴2495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1086
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
₴34418
₴24055
₴21370
₴31038
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
-
-
-
8 745
other
-
-
-
3 087
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
-
-
-
30 292
Employee
18 175
-
51 916
-
unemployment
181
-
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.

1 272
-
3 634
-
income
3 129
-
9 641
-
health
255
-
727
-
total
4 837
-
14 522
-
Employer
18 175
-
51 916
-
health
255
-
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.

3 090
-
8 827
-
accident
145
-
415
-
unemployment
181
-
520
-
other
909
-
2 596
-
total
4 580
-
13 085
-
Corporate
42 245
65 000
-
-
income
8 871
13 650
-
-
total
8 871
13 650
-
-
Dividends
33 373
51 350
-
-
withholding
2 336
3 594
-
-
total
2 336
3 594
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 624
17 244
27 607
30 292
After tax
44 376
47 756
37 393
34 708
Living cost
13 338
13 338
13 338
13 338
Free-cash
31 038
34 418
24 055
21 370

Estimated living cost  is ₴13338 per week

₴9424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2798
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
₴11492
₴5266
₴11279
₴8218
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
-
-
-
16 086
pensions
-
-
-
4 049
total
-
-
-
20 135
Employee
47 520
-
56 998
-
pensions
4 584
-
5 152
-
income
8 566
-
12 076
-
health
783
-
918
-
total
13 933
-
18 146
-
Employer
47 520
-
56 998
-
health
902
-
1 083
-
pensions
5 611
-
6 919
-
total
6 513
-
8 002
-
Corporate
10 967
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.

2 084
12 350
-
-
total
2 084
12 350
-
-
Dividends
8 884
52 650
-
-
withholding
666
7 572
-
-
total
666
7 572
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 196
19 922
26 148
20 135
After tax
41 804
45 078
38 852
44 865
Living cost
33 586
33 586
33 586
33 586
Free-cash
8 218
11 492
5 266
11 279

Estimated living cost  is ₴33586 per week

₴25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
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
₴49012
₴46319
₴44018
₴46686
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
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
14 419
Employee
8 690
-
61 570
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
pensions

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

763
-
1 535
-
income
869
-
6 157
-
health
400
-
804
-
total
2 128
-
8 688
-
Employer
8 690
-
61 570
-
health
600
-
1 206
-
pensions

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

958
-
1 927
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
unemployment
52
-
105
-
total
1 706
-
3 430
-
Corporate
54 604
65 000
-
-
income
5 460
6 500
-
-
total
5 460
6 500
-
-
Dividends
49 144
58 500
-
-
withholding
2 457
2 925
-
-
total
2 457
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
11 751
9 425
12 118
14 419
After tax
53 249
55 575
52 882
50 581
Living cost
6 563
6 563
6 563
6 563
Free-cash
46 686
49 012
46 319
44 018

Estimated living cost  is ₴6563 per week

₴3832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2089
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
₴4077
₴8906
₴9729
₴5336
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
-
-
-
15 476
health
-
-
-
6 173
pensions
-
-
-
5 865
total
-
-
-
27 514
Employee
46 408
42 746
55 698
-
pensions
5 865
5 865
5 865
-
income

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

6 997
6 997
6 997
-
health
5 790
5 581
6 173
-
total
18 652
18 443
19 035
-
Employer
46 408
42 746
55 698
-
health
3 225
2 971
3 692
-
pensions
3 230
2 975
3 698
-
unemployment
1 671
1 539
1 912
-
total
8 126
7 485
9 302
-
Corporate
10 466
14 769
-
-
income
2 094
2 954
-
-
total
2 094
2 954
-
-
Dividends
8 373
11 815
-
-
income
1 779
2 511
-
-
withholding
1 256
1 773
-
-
total
3 035
4 284
-
-
Income
65 000
65 000
65 000
65 000
Total tax
31 907
33 166
28 337
27 514
After tax
33 093
31 834
36 663
37 486
Living cost
27 757
27 757
27 757
27 757
Free-cash
5 336
4 077
8 906
9 729

Estimated living cost  is ₴27757 per week

₴20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
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
₴32495
₴20727
₴20542
₴28123
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
-
-
-
5 788
social contributions
-
-
-
17 638
solidarity contribution
-
-
-
-
health
-
-
-
8 775
total
-
-
-
32 201
Employee
18 025
-
48 507
-
solidarity contribution
-
-
-
-
social contributions
1 172
-
3 153
-
income
2 163
-
5 821
-
health
2 433
-
6 549
-
total
5 768
-
15 523
-
Employer
18 025
-
48 507
-
health
1 622
-
4 366
-
social contributions
4 506
-
12 127
-
total
6 128
-
16 493
-
Corporate
40 846
65 000
-
-
income
7 761
12 350
-
-
total
7 761
12 350
-
-
Dividends
33 085
52 650
-
-
withholding
4 963
7 898
-
-
total
4 963
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 620
20 248
32 016
32 201
After tax
40 380
44 752
32 984
32 799
Living cost
12 257
12 257
12 257
12 257
Free-cash
28 123
32 495
20 727
20 542

Estimated living cost  is ₴12257 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
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.
₴2630
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
₴13559
₴8087
₴11178
₴10944
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
-
-
-
387
national
-
-
-
14 851
total
-
-
-
32 700
Employee
44 487
-
65 000
-
municipal
236
-
345
-
national
7 709
-
12 875
-
regional
420
-
653
-
social contributions
15 001
-
21 918
-
total
23 366
-
35 791
-
Employer
44 487
-
65 000
-
total
-
-
-
-
Corporate
20 513
65 000
-
-
municipal
800
2 535
-
-
nationa
4 923
15 600
-
-
total
5 723
18 135
-
-
Dividends
14 790
46 864
-
-
withholding
3 845
12 184
-
-
total
3 845
12 184
-
-
Income
65 000
65 000
65 000
65 000
Total tax
32 934
30 319
35 791
32 700
After tax
32 066
34 681
29 209
32 300
Living cost
21 122
21 122
21 122
21 122
Free-cash
10 944
13 559
8 087
11 178

Estimated living cost  is ₴21122 per week

₴14724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4689
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
₴29839
₴18952
₴20027
₴28280
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
-
-
-
14 242
other
-
-
-
-
surtax
-
-
-
1 955
unemployment
-
-
-
114
health
-
-
-
4 616
pensions
-
-
-
13 000
total
-
-
-
33 927
Employee
16 553
-
53 697
-
other
-
-
-
-
unemployment
1 152
-
3 737
-
pensions
1 104
-
3 581
-
surtax
54
-
1 786
-
income
2 775
-
13 226
-
health
423
-
1 369
-
total
5 508
-
23 699
-
Employer
16 553
-
53 697
-
health
753
-
2 443
-
pensions
2 207
-
7 158
-
unemployment
524
-
1 702
-
other
-
-
-
-
total
3 484
-
11 303
-
Corporate
44 962
65 000
-
-
income
11 691
16 900
-
-
total
11 691
16 900
-
-
Dividends
33 272
48 100
-
-
withholding
4 991
7 215
-
-
total
4 991
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 674
24 115
35 002
33 927
After tax
39 326
40 885
29 998
31 073
Living cost
11 046
11 046
11 046
11 046
Free-cash
28 280
29 839
18 952
20 027

Estimated living cost  is ₴11046 per week

₴6754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3018
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
₴22133
₴15907
₴21920
₴21805
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
-
-
-
16 086
pensions
-
-
-
4 049
total
-
-
-
20 135
Employee
31 846
-
56 998
-
pensions
2 703
-
5 152
-
income
5 736
-
12 076
-
health
462
-
918
-
total
8 901
-
18 146
-
Employer
31 846
-
56 998
-
health
605
-
1 083
-
pensions
3 447
-
6 919
-
total
4 052
-
8 002
-
Corporate
29 101
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.

5 529
12 350
-
-
total
5 529
12 350
-
-
Dividends
23 572
52 650
-
-
withholding
1 768
7 572
-
-
total
1 768
7 572
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 250
19 922
26 148
20 135
After tax
44 750
45 078
38 852
44 865
Living cost
22 945
22 945
22 945
22 945
Free-cash
21 805
22 133
15 907
21 920

Estimated living cost  is ₴22945 per week

₴17190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3795
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
-₴9880
₴10839
₴14052
₴7064
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
-
-
-
2 598
health
-
-
-
146
city
-
-
-
686
national
-
-
-
635
pensions
-
-
-
5 981
total
-
-
-
11 346
Employee
46 345
-
58 179
-
unemployment
-
-
-
-
pensions
3 894
-
4 886
-
national
219
-
496
-
regional
1 518
-
2 240
-
city
497
-
625
-
health
105
-
131
-
total
6 233
-
8 378
-
Employer
46 345
-
58 179
-
health
105
-
131
-
pensions
3 894
-
4 886
-
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.

927
-
1 164
-
total
4 926
-
6 181
-
Corporate
13 221
65 000
-
-
regional
2 796
13 748
-
-
national
1 124
5 525
-
-
total
3 920
19 273
-
-
Dividends
9 301
45 727
-
-
withholding
3 255
16 005
-
-
total
3 255
16 005
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 334
35 278
14 559
11 346
After tax
46 666
29 722
50 441
53 654
Living cost
39 602
39 602
39 602
39 602
Free-cash
7 064
-9 880
10 839
14 052

Estimated living cost  is ₴39602 per week

₴25753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
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.
₴9809
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
₴9222
₴20162
₴13005
₴17339
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.

-
-
-
17 523
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.

-
-
-
964
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.

-
-
-
3 420
trade
-
-
-
7 157
total
-
-
-
29 064
Employee

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

30 083
-
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.

195
-
964
-
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.

3 537
-
17 523
-
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.

3 420
-
3 420
-
total
7 152
-
21 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 917
65 000
-
-
income
5 238
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.

288
537
-
-
chamber of commerce
125
167
-
-
trade
5 988
11 147
-
-
total
11 639
21 601
-
-
Dividends
23 278
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.

310
586
-
-
withholding
5 629
10 660
-
-
total
5 939
11 246
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 730
32 847
21 907
29 064
After tax
40 270
32 153
43 093
35 936
Living cost
22 931
22 931
22 931
22 931
Free-cash
17 339
9 222
20 162
13 005

Estimated living cost  is ₴22931 per week

₴16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
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.
₴4051
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
₴15634
₴21192
₴19878
₴18591
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
-
-
-
8 304
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 025
pensions
-
-
-
13 800
total
-
-
-
27 996
Employee
21 423
-
51 656
-
pensions
2 422
-
3 030
-
surtax
-
-
-
-
social contributions
611
-
1 471
-
income
1 264
-
8 838
-
total
4 297
-
13 339
-
Employer
21 423
-
51 656
-
health
1 500
-
4 114
-
pensions
3 519
-
5 200
-
unemployment
867
-
2 092
-
social contributions
65
-
155
-
other
739
-
1 782
-
total
6 690
-
13 343
-
Corporate
36 887
65 000
-
-
income
10 328
18 200
-
-
surtax
-
-
-
-
total
10 328
18 200
-
-
Dividends
26 558
46 800
-
-
surtax
-
-
-
-
social contributions
4 568
8 050
-
-
withholding
3 400
5 990
-
-
total
7 968
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 283
32 240
26 682
27 996
After tax
35 717
32 760
38 318
37 004
Living cost
17 126
17 126
17 126
17 126
Free-cash
18 591
15 634
21 192
19 878

Estimated living cost  is ₴17126 per week

₴10799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4644
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
₴17331
₴22889
₴21575
₴20113
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
-
-
-
8 304
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 025
pensions
-
-
-
13 800
total
-
-
-
27 996
Employee
19 123
-
51 656
-
pensions
2 163
-
3 030
-
surtax
-
-
-
-
social contributions
545
-
1 471
-
income
986
-
8 838
-
total
3 694
-
13 339
-
Employer
19 123
-
51 656
-
health
1 338
-
4 114
-
pensions
3 142
-
5 200
-
unemployment
774
-
2 092
-
social contributions
57
-
155
-
other
660
-
1 782
-
total
5 971
-
13 343
-
Corporate
39 905
65 000
-
-
income
11 173
18 200
-
-
surtax
-
-
-
-
total
11 173
18 200
-
-
Dividends
28 732
46 800
-
-
surtax
-
-
-
-
social contributions
4 942
8 050
-
-
withholding
3 678
5 990
-
-
total
8 620
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 458
32 240
26 682
27 996
After tax
35 542
32 760
38 318
37 004
Living cost
15 429
15 429
15 429
15 429
Free-cash
20 113
17 331
22 889
21 575

Estimated living cost  is ₴15429 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4621
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
₴29041
₴30469
₴31129
₴29301
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
16 972
-
65 000
-
social contributions
2 342
-
8 970
-
income
2 831
-
10 410
-
health
1 185
-
4 537
-
total
6 358
-
23 917
-
Employer
16 972
-
65 000
-
total
-
-
-
-
Corporate
48 028
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%.

2 401
3 250
-
-
total
2 401
3 250
-
-
Dividends
45 627
61 750
-
-
social contributions
6 297
8 522
-
-
withholding
6 844
9 263
-
-
health
3 185
4 310
-
-
total
16 326
22 095
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 085
25 345
23 917
23 257
After tax
39 915
39 655
41 083
41 743
Living cost
10 614
10 614
10 614
10 614
Free-cash
29 301
29 041
30 469
31 129

Estimated living cost  is ₴10614 per week

₴7103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2611
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
₴18550
₴159
₴15037
₴17774
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
-
-
-
13 604
surtax
-
-
-
99
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
260
health
-
-
-
4 473
pensions
-
-
-
10 819
total
-
-
-
32 325
Employee
25 016
19 948
50 397
-
other
250
199
504
-
unemployment
750
598
1 512
-
pensions
2 562
2 042
5 161
-
income
2 848
1 471
11 349
-
health
968
772
1 950
-
total
7 378
5 082
20 476
-
Employer
25 016
19 948
50 397
-
chamber of commerce
100
80
201
-
health
945
754
1 905
-
pensions
3 139
2 504
6 324
-
accident
325
259
655
-
unemployment
750
598
1 512
-
surtax
99
99
99
-
payroll
750
598
1 512
-
other
1 188
947
2 394
-
total
7 296
5 839
14 602
-
Corporate
32 687
39 212
48 497
-
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.

8 172
9 803
12 125
-
total
8 172
9 803
12 125
-
Dividends
24 515
29 409
-
-
withholding
6 742
8 088
-
-
total
6 742
8 088
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 588
28 812
47 203
32 325
After tax
35 412
36 188
17 797
32 675
Living cost
17 638
17 638
17 638
17 638
Free-cash
17 774
18 550
159
15 037

Estimated living cost  is ₴17638 per week

₴11764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1505
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.
₴4080
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
₴18150
₴5927
₴10737
₴10643
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.

-
-
-
3 282
social contributions
-
-
-
10 303
national
-
-
-
22 427
total
-
-
-
36 012
Employee

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

35 805
-
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.

312
-
438
-
communal

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

1 868
-
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.

2 685
-
3 776
-
national
11 008
-
16 962
-
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.

1 682
-
2 365
-
total
17 555
-
26 167
-
Employer

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

35 805
-
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.

2 202
-
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.

3 173
-
4 461
-
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.

465
-
654
-
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.

522
-
735
-
surtax
4 060
-
5 709
-
total
10 422
-
14 655
-
Corporate
18 772
65 000
-
-
income
3 754
13 000
-
-
surtax
75
260
-
-
total
3 829
13 260
-
-
Dividends
14 943
51 739
-
-
withholding

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

4 300
15 339
-
-
total
4 300
15 339
-
-
Income
65 000
65 000
65 000
65 000
Total tax
36 106
28 599
40 822
36 012
After tax
28 894
36 401
24 178
28 988
Living cost
18 251
18 251
18 251
18 251
Free-cash
10 643
18 150
5 927
10 737

Estimated living cost  is ₴18251 per week

₴11756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4614
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
₴25529
₴15781
₴18186
₴21696
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
-
-
-
418
income
-
-
-
14 817
other
-
-
-
47
unemployment
-
-
-
325
pensions
-
-
-
13 130
total
-
-
-
28 737
Employee
24 917
-
50 209
-
other
25
-
47
-
unemployment
387
-
719
-
pensions
1 171
-
2 181
-
income
5 257
-
13 404
-
total
6 840
-
16 351
-
Employer
24 917
-
50 209
-
pensions
5 880
-
10 950
-
accident
493
-
919
-
unemployment
1 371
-
2 551
-
other
199
-
371
-
total
7 943
-
14 791
-
Corporate
32 141
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.

4 821
9 750
-
-
total
4 821
9 750
-
-
Dividends
27 320
55 250
-
-
withholding
5 623
11 644
-
-
total
5 623
11 644
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 227
21 394
31 142
28 737
After tax
39 773
43 606
33 858
36 263
Living cost
18 077
18 077
18 077
18 077
Free-cash
21 696
25 529
15 781
18 186

Estimated living cost  is ₴18077 per week

₴13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3222
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
₴11926
₴10120
₴7529
₴6897
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
-
-
-
8 081
surtax
-
-
-
3 222
health
-
-
-
4 567
pensions
-
-
-
9 742
total
-
-
-
30 268
Employee
37 907
-
58 062
-
pensions
3 032
-
4 645
-
surtax
2 323
-
3 558
-
income
3 661
-
9 952
-
health
1 687
-
2 584
-
total
10 703
-
20 739
-
Employer
37 907
-
58 062
-
health
1 156
-
1 771
-
pensions
3 032
-
4 645
-
accident
341
-
522
-
total
4 529
-
6 938
-
Corporate
22 564
65 000
-
-
communal
1 523
4 388
-
-
income
3 385
9 750
-
-
surtax
237
682
-
-
total
5 145
14 820
-
-
Dividends
17 420
50 180
-
-
income
7 910
3 524
-
-
withholding
2 613
7 527
-
-
total
10 523
11 051
-
-
Income
65 000
65 000
65 000
65 000
Total tax
30 900
25 871
27 677
30 268
After tax
34 100
39 129
37 323
34 732
Living cost
27 203
27 203
27 203
27 203
Free-cash
6 897
11 926
10 120
7 529

Estimated living cost  is ₴27203 per week

₴20406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
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.
₴4860
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
₴29642
₴18755
₴19830
₴28049
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
-
-
-
14 242
other
-
-
-
-
surtax
-
-
-
1 955
unemployment
-
-
-
114
health
-
-
-
4 616
pensions
-
-
-
13 000
total
-
-
-
33 927
Employee
16 857
-
53 697
-
other
-
-
-
-
unemployment
1 173
-
3 737
-
pensions
1 125
-
3 581
-
surtax
60
-
1 786
-
income
2 826
-
13 226
-
health
430
-
1 369
-
total
5 614
-
23 699
-
Employer
16 857
-
53 697
-
health
767
-
2 443
-
pensions
2 247
-
7 158
-
unemployment
535
-
1 702
-
other
-
-
-
-
total
3 549
-
11 303
-
Corporate
44 594
65 000
-
-
income
11 595
16 900
-
-
total
11 595
16 900
-
-
Dividends
32 999
48 100
-
-
withholding
4 950
7 215
-
-
total
4 950
7 215
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 708
24 115
35 002
33 927
After tax
39 292
40 885
29 998
31 073
Living cost
11 243
11 243
11 243
11 243
Free-cash
28 049
29 642
18 755
19 830

Estimated living cost  is ₴11243 per week

₴6788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3217
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
₴20681
₴15504
₴18580
₴19571
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
-
-
-
387
national
-
-
-
14 851
total
-
-
-
32 936
Employee
27 767
-
65 000
-
municipal
147
-
345
-
national
4 399
-
12 875
-
regional
374
-
874
-
social contributions
9 363
-
21 918
-
total
14 283
-
36 012
-
Employer
27 767
-
65 000
-
total
-
-
-
-
Corporate
37 233
65 000
-
-
municipal
1 850
3 231
-
-
nationa
8 936
15 600
-
-
total
10 786
18 831
-
-
Dividends
26 447
46 169
-
-
withholding
6 876
12 004
-
-
total
6 876
12 004
-
-
Income
65 000
65 000
65 000
65 000
Total tax
31 945
30 835
36 012
32 936
After tax
33 055
34 165
28 988
32 064
Living cost
13 484
13 484
13 484
13 484
Free-cash
19 571
20 681
15 504
18 580

Estimated living cost  is ₴13484 per week

₴8386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴3501
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
₴29648
₴17880
₴17695
₴24260
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
-
-
-
5 788
social contributions
-
-
-
17 638
solidarity contribution
-
-
-
-
health
-
-
-
8 775
total
-
-
-
32 201
Employee
22 212
-
48 507
-
solidarity contribution
-
-
-
-
social contributions
1 444
-
3 153
-
income
2 665
-
5 821
-
health
2 999
-
6 549
-
total
7 108
-
15 523
-
Employer
22 212
-
48 507
-
health
1 999
-
4 366
-
social contributions
5 553
-
12 127
-
total
7 552
-
16 493
-
Corporate
35 236
65 000
-
-
income
6 695
12 350
-
-
total
6 695
12 350
-
-
Dividends
28 541
52 650
-
-
withholding
4 281
7 898
-
-
total
4 281
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 636
20 248
32 016
32 201
After tax
39 364
44 752
32 984
32 799
Living cost
15 104
15 104
15 104
15 104
Free-cash
24 260
29 648
17 880
17 695

Estimated living cost  is ₴15104 per week

₴11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴2774
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
₴20273
₴1847
₴16804
₴20024
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
-
-
-
13 604
surtax
-
-
-
-
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
260
health
-
-
-
4 473
pensions
-
-
-
10 819
total
-
-
-
32 226
Employee
21 881
19 948
50 472
-
other
218
199
504
-
unemployment
656
598
1 514
-
pensions
2 241
2 042
5 168
-
income
1 949
1 471
11 375
-
health
846
772
1 953
-
total
5 910
5 082
20 514
-
Employer
21 881
19 948
50 472
-
chamber of commerce
87
80
202
-
health
827
754
1 907
-
pensions
2 746
2 504
6 334
-
accident
284
259
656
-
unemployment
656
598
1 514
-
surtax
-
-
-
-
payroll
656
598
1 514
-
other
1 039
947
2 398
-
total
6 295
5 740
14 525
-
Corporate
36 822
39 311
48 574
-
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.

9 206
9 828
12 144
-
total
9 206
9 828
12 144
-
Dividends
27 617
29 483
-
-
withholding
7 595
8 107
-
-
total
7 595
8 107
-
-
Income
65 000
65 000
65 000
65 000
Total tax
29 006
28 757
47 183
32 226
After tax
35 994
36 243
17 817
32 774
Living cost
15 970
15 970
15 970
15 970
Free-cash
20 024
20 273
1 847
16 804

Estimated living cost  is ₴15970 per week

₴9580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
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.
₴4474
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
₴55477
₴45727
₴58077
₴54301
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
7 842
-
65 000
-
income
1 568
-
13 000
-
total
1 568
-
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%.

57 158
65 000
-
-
total
-
-
-
-
Dividends
57 158
65 000
-
-
withholding
2 858
3 250
-
-
total
2 858
3 250
-
-
Income
65 000
65 000
65 000
65 000
Total tax
4 426
3 250
13 000
650
After tax
60 574
61 750
52 000
64 350
Living cost
6 273
6 273
6 273
6 273
Free-cash
54 301
55 477
45 727
58 077

Estimated living cost  is ₴6273 per week

₴4245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1554
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
₴31326
₴17686
₴19494
₴27140
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
-
-
-
13 714
unemployment
-
-
-
98
health
-
-
-
6 397
pensions
-
-
-
11 871
total
-
-
-
32 080
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.

22 135
-
56 243
-
unemployment
31
-
79
-
pensions
3 431
-
8 717
-
income
3 817
-
12 702
-
health
1 430
-
3 633
-
total
8 709
-
25 131
-
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.

22 135
-
56 243
-
health
1 474
-
3 745
-
pensions
1 959
-
4 978
-
unemployment
13
-
34
-
total
3 446
-
8 757
-
Corporate
39 419
65 000
-
-
income
7 490
12 350
-
-
total
7 490
12 350
-
-
Dividends
31 929
52 650
-
-
withholding
4 789
7 898
-
-
total
4 789
7 898
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 434
20 248
33 888
32 080
After tax
40 566
44 752
31 112
32 920
Living cost
13 426
13 426
13 426
13 426
Free-cash
27 140
31 326
17 686
19 494

Estimated living cost  is ₴13426 per week

₴9214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3092
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
₴18166
₴37102
₴23540
-₴8881
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
30 656
-
-
-
social contributions
2 514
-
358
-
income
6 762
-
-
-
total
9 276
-
358
-
Employer
30 656
-
-
-
social contributions
43 225
-
6 160
-
total
43 225
-
6 160
-
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
52 501
25 454
6 518
20 080
After tax
12 499
39 546
58 482
44 920
Living cost
21 380
21 380
21 380
21 380
Free-cash
-8 881
18 166
37 102
23 540

Estimated living cost  is ₴21380 per week

₴13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴5224
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
₴21271
₴15670
₴19889
₴20767
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
-
-
-
6 822
surtax
-
-
-
-
social contributions

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

-
-
-
22 588
total
-
-
-
29 410
Employee
23 022
-
52 525
-
surtax
-
-
-
-
social contributions
2 532
-
5 777
-
income
4 789
-
15 378
-
total
7 321
-
21 155
-
Employer
23 022
-
52 525
-
social contributions
5 468
-
12 474
-
total
5 468
-
12 474
-
Corporate
36 510
65 000
-
-
income
7 667
13 650
-
-
surtax
-
-
-
-
total
7 667
13 650
-
-
Dividends
28 844
51 350
-
-
withholding
8 076
14 378
-
-
total
8 076
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 532
28 028
33 629
29 410
After tax
36 468
36 972
31 371
35 590
Living cost
15 701
15 701
15 701
15 701
Free-cash
20 767
21 271
15 670
19 889

Estimated living cost  is ₴15701 per week

₴11748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
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.
₴2765
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
₴8584
₴14142
₴12828
₴12026
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
-
-
-
8 304
other
-
-
-
2 015
surtax
-
-
-
-
social contributions
-
-
-
1 852
health
-
-
-
2 025
pensions
-
-
-
13 800
total
-
-
-
27 996
Employee
31 351
-
51 656
-
pensions
3 546
-
3 030
-
surtax
-
-
-
-
social contributions
893
-
1 471
-
income
2 735
-
8 838
-
total
7 174
-
13 339
-
Employer
31 351
-
51 656
-
health
2 194
-
4 114
-
pensions
5 151
-
5 200
-
unemployment
1 270
-
2 092
-
social contributions
94
-
155
-
other
1 082
-
1 782
-
total
9 791
-
13 343
-
Corporate
23 857
65 000
-
-
income
6 680
18 200
-
-
surtax
-
-
-
-
total
6 680
18 200
-
-
Dividends
17 177
46 800
-
-
surtax
-
-
-
-
social contributions
2 954
8 050
-
-
withholding
2 199
5 990
-
-
total
5 153
14 040
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 798
32 240
26 682
27 996
After tax
36 202
32 760
38 318
37 004
Living cost
24 176
24 176
24 176
24 176
Free-cash
12 026
8 584
14 142
12 828

Estimated living cost  is ₴24176 per week

₴16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴5505
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
₴43453
₴35350
₴33623
₴41772
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
-
-
-
2 030
social contributions
-
-
-
14 300
total
-
-
-
16 330
Employee
16 093
-
56 277
-
income
-
-
2 222
-
social contributions
1 046
-
3 658
-
total
1 046
-
5 880
-
Employer
16 093
-
56 277
-
social contributions
2 494
-
8 723
-
total
2 494
-
8 723
-
Corporate
46 413
65 000
-
-
income
4 641
6 500
-
-
total
4 641
6 500
-
-
Dividends
41 772
58 500
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
8 181
6 500
14 603
16 330
After tax
56 819
58 500
50 397
48 670
Living cost
15 047
15 047
15 047
15 047
Free-cash
41 772
43 453
35 350
33 623

Estimated living cost  is ₴15047 per week

₴9729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴3900
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
-₴44059
-₴44059
₴15448
-₴44059
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
-
-
-
5 165
municipal
-
-
-
12 852
national
-
-
-
6 994
pensions
-
-
-
434
total
-
-
-
25 445
Employee
101 748
101 748
101 748
-
municipal
21 667
21 667
21 667
-
labour market
8 128
8 128
8 128
-
pensions
145
145
145
-
national
12 430
12 430
12 430
-
total
42 370
42 370
42 370
-
Employer
101 748
101 748
101 748
-
national
12 452
12 452
12 452
-
labour market
8 140
8 140
8 140
-
pensions
289
289
289
-
municipal
21 701
21 701
21 701
-
total
42 582
42 582
42 582
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
65 000
65 000
65 000
65 000
Total tax
84 952
84 952
84 952
25 445
After tax
-19 952
-19 952
-19 952
39 555
Living cost
24 107
24 107
24 107
24 107
Free-cash
-44 059
-44 059
-44 059
15 448

Estimated living cost  is ₴24107 per week

₴16499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴371
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.
₴5104
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
-₴5730
₴23456
₴33527
₴3578
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
-
-
-
128
income
-
-
-
16 945
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
20 478
Employee
17 296
-
57 061
-
pensions
1 948
-
3 870
-
income
2 373
-
12 206
-
health
1 980
-
6 534
-
total
6 301
-
22 610
-
Employer
17 296
-
57 061
-
pensions
2 812
-
5 588
-
accident
289
-
953
-
unemployment
424
-
1 398
-
total
3 525
-
7 939
-
Corporate
44 180
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.

39 762
58 500
-
-
total
39 762
58 500
-
-
Dividends
4 418
6 500
-
-
withholding
839
1 235
-
-
total
839
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
50 427
59 735
30 549
20 478
After tax
14 573
5 265
34 451
44 522
Living cost
10 995
10 995
10 995
10 995
Free-cash
3 578
-5 730
23 456
33 527

Estimated living cost  is ₴10995 per week

₴8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2159
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
₴22859
₴16353
₴25265
₴23107
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
-
-
-
792
municipal
-
-
-
11 558
national
-
-
-
8 167
total
-
-
-
20 517
Employee
26 336
-
54 681
-
municipal
4 314
-
8 917
-
unemployment
395
-
820
-
pensions
1 777
-
3 691
-
national
435
-
5 049
-
health
197
-
634
-
total
7 118
-
19 111
-
Employer
26 336
-
54 681
-
health
202
-
421
-
pensions
4 569
-
9 487
-
accident
27
-
55
-
unemployment
171
-
355
-
total
4 969
-
10 318
-
Corporate
33 695
65 000
-
-
income
6 739
13 000
-
-
total
6 739
13 000
-
-
Dividends

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

20 218
39 000
-
-
municipal
3 639
7 020
-
-
national
210
2 903
-
-
total
3 849
9 923
-
-
Income
65 000
65 000
65 000
65 000
Total tax
22 675
22 923
29 429
20 517
After tax
42 325
42 077
35 571
44 483
Living cost
19 218
19 218
19 218
19 218
Free-cash
23 107
22 859
16 353
25 265

Estimated living cost  is ₴19218 per week

₴12553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4511
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
₴35905
₴33226
₴33911
₴33181
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
-
-
-
9 743
social contributions
-
-
-
8 099
health
-
-
-
1 658
total
-
-
-
19 500
Employee
38 491
38 491
59 588
-
social contributions
1 455
3 195
4 309
-
income
4 191
3 563
9 451
-
health
298
654
1 013
-
total
5 944
7 412
14 773
-
Employer
38 491
38 491
59 588
-
health
324
712
1 103
-
social contributions
1 455
3 195
4 309
-
total
1 779
3 907
5 412
-
Corporate
45 687
22 602
-
-
income
5 711
2 825
-
-
total
5 711
2 825
-
-
Dividends
39 976
19 777
-
-
withholding
6 796
3 362
-
-
total
6 796
3 362
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 230
17 506
20 185
19 500
After tax
44 770
47 494
44 815
45 500
Living cost
11 589
11 589
11 589
11 589
Free-cash
33 181
35 905
33 226
33 911

Estimated living cost  is ₴11589 per week

₴6946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3251
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
₴45880
₴35583
₴45622
₴43331
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
-
-
-
6 422
unemployment
-
-
-
14
health
-
-
-
1 811
pensions
-
-
-
3 184
total
-
-
-
11 431
Employee

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

11 490
-
60 108
-
unemployment
57
-
237
-
pensions
1 723
-
7 124
-
income
786
-
5 181
-
health
977
-
4 037
-
total
3 543
-
16 579
-
Employer

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

11 490
-
60 108
-
health
494
-
2 042
-
pensions
632
-
2 612
-
unemployment
57
-
237
-
total
1 183
-
4 891
-
Corporate
52 328
65 000
-
-
income
4 710
5 850
-
-
total
4 710
5 850
-
-
Dividends
47 618
59 150
-
-
withholding
4 286
5 323
-
-
total
4 286
5 323
-
-
Income
65 000
65 000
65 000
65 000
Total tax
13 722
11 173
21 470
11 431
After tax
51 278
53 827
43 530
53 569
Living cost
7 947
7 947
7 947
7 947
Free-cash
43 331
45 880
35 583
45 622

Estimated living cost  is ₴7947 per week

₴5071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
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.
₴2067
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
₴29841
₴20093
₴22498
₴27371
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
-
-
-
418
income
-
-
-
14 817
other
-
-
-
47
unemployment
-
-
-
325
pensions
-
-
-
13 130
total
-
-
-
28 737
Employee
18 509
-
50 209
-
other
18
-
47
-
unemployment
287
-
719
-
pensions
870
-
2 181
-
income
3 568
-
13 404
-
total
4 743
-
16 351
-
Employer
18 509
-
50 209
-
pensions
4 368
-
10 950
-
accident
367
-
919
-
unemployment
1 018
-
2 551
-
other
148
-
371
-
total
5 901
-
14 791
-
Corporate
40 590
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.

6 089
9 750
-
-
total
6 089
9 750
-
-
Dividends
34 502
55 250
-
-
withholding
7 131
11 644
-
-
total
7 131
11 644
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 864
21 394
31 142
28 737
After tax
41 136
43 606
33 858
36 263
Living cost
13 765
13 765
13 765
13 765
Free-cash
27 371
29 841
20 093
22 498

Estimated living cost  is ₴13765 per week

₴9291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
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.
₴2910
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
₴39549
₴40573
₴40645
₴39383
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
-
-
-
22 071
health
-
-
-
535
pensions
-
-
-
738
total
-
-
-
23 344
Employee
1 540
-
64 170
-
unemployment
15
-
37
-
pensions
139
-
332
-
income
298
-
22 033
-
health
77
-
184
-
total
529
-
22 586
-
Employer
1 540
-
64 170
-
health
146
-
350
-
pensions
169
-
406
-
unemployment
31
-
74
-
total
346
-
830
-
Corporate
63 113
65 000
-
-
income
13 885
14 300
-
-
total
13 885
14 300
-
-
Dividends
49 228
50 700
-
-
withholding
9 846
10 140
-
-
total
9 846
10 140
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 606
24 440
23 416
23 344
After tax
40 394
40 560
41 584
41 656
Living cost
1 011
1 011
1 011
1 011
Free-cash
39 383
39 549
40 573
40 645

Estimated living cost  is ₴1011 per week

₴601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴305
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
₴38301
₴28190
₴28191
₴35838
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
-
-
-
14 158
unemployment
-
-
-
555
health
-
-
-
3 812
pensions
-
-
-
9 623
total
-
-
-
28 148
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.

13 060
-
58 375
-
unemployment
98
-
278
-
pensions
1 828
-
5 182
-
income
1 800
-
14 158
-
health
673
-
1 906
-
total
4 399
-
21 524
-
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.

13 060
-
58 375
-
health
673
-
1 906
-
pensions
1 567
-
4 441
-
unemployment
98
-
278
-
total
2 338
-
6 625
-
Corporate
49 602
65 000
-
-
income
7 440
9 750
-
-
total
7 440
9 750
-
-
Dividends
42 162
55 250
-
-
withholding
6 324
8 288
-
-
total
6 324
8 288
-
-
Income
65 000
65 000
65 000
65 000
Total tax
20 501
18 038
28 149
28 148
After tax
44 499
46 962
36 851
36 852
Living cost
8 661
8 661
8 661
8 661
Free-cash
35 838
38 301
28 190
28 191

Estimated living cost  is ₴8661 per week

₴5832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1909
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
₴23477
₴17876
₴22095
₴23297
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
-
-
-
6 822
surtax
-
-
-
-
social contributions

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

-
-
-
22 588
total
-
-
-
29 410
Employee
19 428
-
52 525
-
surtax
-
-
-
-
social contributions
2 137
-
5 777
-
income
3 796
-
15 378
-
total
5 933
-
21 155
-
Employer
19 428
-
52 525
-
social contributions
4 614
-
12 474
-
total
4 614
-
12 474
-
Corporate
40 958
65 000
-
-
income
8 601
13 650
-
-
surtax
-
-
-
-
total
8 601
13 650
-
-
Dividends
32 357
51 350
-
-
withholding
9 060
14 378
-
-
total
9 060
14 378
-
-
Income
65 000
65 000
65 000
65 000
Total tax
28 208
28 028
33 629
29 410
After tax
36 792
36 972
31 371
35 590
Living cost
13 495
13 495
13 495
13 495
Free-cash
23 297
23 477
17 876
22 095

Estimated living cost  is ₴13495 per week

₴9558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴938
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴26014
₴16266
₴18671
₴22352
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
-
-
-
418
income
-
-
-
14 817
other
-
-
-
47
unemployment
-
-
-
325
pensions
-
-
-
13 130
total
-
-
-
28 737
Employee
24 175
-
50 209
-
other
24
-
47
-
unemployment
374
-
719
-
pensions
1 136
-
2 181
-
income
5 049
-
13 404
-
total
6 583
-
16 351
-
Employer
24 175
-
50 209
-
pensions
5 705
-
10 950
-
accident
479
-
919
-
unemployment
1 330
-
2 551
-
other
194
-
371
-
total
7 708
-
14 791
-
Corporate
33 118
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.

4 968
9 750
-
-
total
4 968
9 750
-
-
Dividends
28 150
55 250
-
-
withholding
5 797
11 644
-
-
total
5 797
11 644
-
-
Income
65 000
65 000
65 000
65 000
Total tax
25 056
21 394
31 142
28 737
After tax
39 944
43 606
33 858
36 263
Living cost
17 592
17 592
17 592
17 592
Free-cash
22 352
26 014
16 266
18 671

Estimated living cost  is ₴17592 per week

₴12634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
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.
₴3343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴46964
₴44271
₴41970
₴43915
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
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
14 419
Employee
11 402
-
61 570
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

1 001
-
1 535
-
income
1 140
-
6 157
-
health
525
-
804
-
total
2 791
-
8 688
-
Employer
11 402
-
61 570
-
health
787
-
1 206
-
pensions

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

1 256
-
1 927
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 236
-
3 430
-
Corporate
51 361
65 000
-
-
income
5 136
6 500
-
-
total
5 136
6 500
-
-
Dividends
46 224
58 500
-
-
withholding
2 311
2 925
-
-
total
2 311
2 925
-
-
Income
65 000
65 000
65 000
65 000
Total tax
12 474
9 425
12 118
14 419
After tax
52 526
55 575
52 882
50 581
Living cost
8 611
8 611
8 611
8 611
Free-cash
43 915
46 964
44 271
41 970

Estimated living cost  is ₴8611 per week

₴5695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2218
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
₴14164
₴23768
₴17780
₴20713
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.

-
-
-
17 523
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.

-
-
-
964
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.

-
-
-
3 420
trade
-
-
-
5 988
total
-
-
-
27 895
Employee

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

24 906
-
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.

113
-
964
-
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.

2 048
-
17 523
-
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.

3 420
-
3 420
-
total
5 581
-
21 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 094
65 000
-
-
income
6 014
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.

331
537
-
-
chamber of commerce
135
171
-
-
trade
5 754
9 327
-
-
total
12 234
19 785
-
-
Dividends
27 861
45 215
-
-
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.

372
612
-
-
withholding
6 775
11 114
-
-
total
7 147
11 726
-
-
Income
65 000
65 000
65 000
65 000
Total tax
24 962
31 511
21 907
27 895
After tax
40 038
33 489
43 093
37 105
Living cost
19 325
19 325
19 325
19 325
Free-cash
20 713
14 164
23 768
17 780

Estimated living cost  is ₴19325 per week

₴13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2079
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.
₴3634
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
₴16986
₴12665
₴12665
₴18091
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
-
-
-
17 726
social contributions
-
-
-
6 095
total
-
-
-
23 821
Employee
39 155
-
65 000
-
income
7 388
-
17 726
-
social contributions
3 253
-
6 095
-
total
10 641
-
23 821
-
Employer
39 155
-
65 000
-
total
-
-
-
-
Corporate
25 845
65 000
-
-
income
3 231
8 125
-
-
total
3 231
8 125
-
-
Dividends
22 614
56 875
-
-
withholding
4 523
11 375
-
-
total
4 523
11 375
-
-
Income
65 000
65 000
65 000
65 000
Total tax
18 395
19 500
23 821
23 821
After tax
46 605
45 500
41 179
41 179
Living cost
28 514
28 514
28 514
28 514
Free-cash
18 091
16 986
12 665
12 665

Estimated living cost  is ₴28514 per week

₴21693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4225
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
₴21435
₴29459
₴29553
₴23182
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
-
-
-
14 249
health

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

-
-
-
3 028
total
-
-
-
17 277
Employee
22 963
-
62 697
-
income
2 492
-
12 765
-
social contributions
2 301
-
2 303
-
total
4 793
-
15 068
-
Employer
22 963
-
62 697
-
social contributions
2 301
-
2 303
-
total
2 301
-
2 303
-
Corporate
39 737
65 000
-
-
income
13 908
22 750
-
-
total
13 908
22 750
-
-
Dividends
25 829
42 250
-
-
social contributions
2 645
2 645
-
-
total
2 645
2 645
-
-
Income
65 000
65 000
65 000
65 000
Total tax
23 647
25 395
17 371
17 277
After tax
41 353
39 605
47 629
47 723
Living cost
18 170
18 170
18 170
18 170
Free-cash
23 182
21 435
29 459
29 553

Estimated living cost  is ₴18170 per week

₴11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4490
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
₴26424
₴20198
₴26211
₴27214
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
-
-
-
16 086
pensions
-
-
-
4 049
total
-
-
-
20 135
Employee
25 605
-
56 998
-
pensions
1 954
-
5 152
-
income
4 663
-
12 076
-
health
334
-
918
-
total
6 951
-
18 146
-
Employer
25 605
-
56 998
-
health
487
-
1 083
-
pensions
2 587
-
6 919
-
total
3 074
-
8 002
-
Corporate
36 322
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.

6 901
12 350
-
-
total
6 901
12 350
-
-
Dividends
29 420
52 650
-
-
withholding
2 206
7 572
-
-
total
2 206
7 572
-
-
Income
65 000
65 000
65 000
65 000
Total tax
19 132
19 922
26 148
20 135
After tax
45 868
45 078
38 852
44 865
Living cost
18 654
18 654
18 654
18 654
Free-cash
27 214
26 424
20 198
26 211

Estimated living cost  is ₴18654 per week

₴12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3907
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
-₴6818
₴22368
₴32439
₴3412
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
-
-
-
128
income
-
-
-
16 945
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
20 478
Employee
19 008
-
57 061
-
pensions
2 140
-
3 870
-
income
2 608
-
12 206
-
health
2 176
-
6 534
-
total
6 924
-
22 610
-
Employer
19 008
-
57 061
-
pensions
3 091
-
5 588
-
accident
317
-
953
-
unemployment
466
-
1 398
-
total
3 874
-
7 939
-
Corporate
42 119
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.

37 907
58 500
-
-
total
37 907
58 500
-
-
Dividends
4 212
6 500
-
-
withholding
800
1 235
-
-
total
800
1 235
-
-
Income
65 000
65 000
65 000
65 000
Total tax
49 505
59 735
30 549
20 478
After tax
15 495
5 265
34 451
44 522
Living cost
12 083
12 083
12 083
12 083
Free-cash
3 412
-6 818
22 368
32 439

Estimated living cost  is ₴12083 per week

₴8868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2268
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
₴47934
₴36860
₴29995
₴45591
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
-
-
-
10 366
unemployment
-
-
-
780
work injury
-
-
-
325
health insurance
-
-
-
4 810
pensions
-
-
-
11 960
total
-
-
-
28 241
Employee

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

10 822
-
65 000
-
health insurance
801
-
2 963
-
unemployment
130
-
480
-
work injury
54
-
200
-
pensions
1 991
-
7 367
-
income
1 082
-
10 366
-
total
4 058
-
21 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 178
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%.

542
650
-
-
total
542
650
-
-
Dividends
53 636
64 350
-
-
withholding
8 045
9 652
-
-
total
8 045
9 652
-
-
Income
65 000
65 000
65 000
65 000
Total tax
12 645
10 302
21 376
28 241
After tax
52 355
54 698
43 624
36 759
Living cost
6 764
6 764
6 764
6 764
Free-cash
45 591
47 934
36 860
29 995

Estimated living cost  is ₴6764 per week

₴4190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴1871
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
₴14296
₴8647
₴11620
₴12020
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
-
-
-
1 436
municipal
-
-
-
434
national
-
-
-
14 851
total
-
-
-
33 439
Employee
42 180
-
65 000
-
municipal
252
-
388
-
national
7 128
-
12 875
-
regional
637
-
1 231
-
social contributions
14 223
-
21 918
-
total
22 240
-
36 412
-
Employer
42 180
-
65 000
-
total
-
-
-
-
Corporate
22 820
65 000
-
-
municipal
1 100
3 133
-
-
nationa
5 476
15 600
-
-
total
6 576
18 733
-
-
Dividends
16 243
46 267
-
-
withholding
4 223
12 030
-
-
total
4 223
12 030
-
-
Income
65 000
65 000
65 000
65 000
Total tax
33 039
30 763
36 412
33 439
After tax
31 961
34 237
28 588
31 561
Living cost
19 941
19 941
19 941
19 941
Free-cash
12 020
14 296
8 647
11 620

Estimated living cost  is ₴19941 per week

₴14007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4260
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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