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
₴ 67500
per

Your estimated
City
free-cash

Valencia , Spain
₴35143
₴28108
₴29382
₴36481
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
-
-
-
67 500
unemployment
-
-
-
197
income
-
-
-
21 341
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 957
total
-
-
-
29 776
Employee
11 216
-
58 537
-
unemployment
174
-
436
-
pensions
527
-
1 322
-
income
2 162
-
20 300
-
other
11
-
28
-
total
2 874
-
22 086
-
Employer
11 216
-
58 537
-
pensions
2 647
-
6 636
-
accident
222
-
557
-
unemployment
617
-
1 546
-
other
90
-
225
-
total
3 576
-
8 964
-
Corporate
52 708
67 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 906
10 125
-
-
total
7 906
10 125
-
-
Dividends
44 802
57 375
-
-
withholding
9 659
12 552
-
-
total
9 659
12 552
-
-
Income
67 500
67 500
67 500
67 500
Total tax
24 015
22 677
31 050
29 776
After tax
43 485
44 823
36 450
37 724
Living cost
8 342
8 342
8 342
8 342
Free-cash
35 143
36 481
28 108
29 382

Estimated living cost  is ₴8342 per week

₴5630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴39461
₴31798
₴32356
₴41509
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
-
-
-
67 500
pensions

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

-
-
-
11 071
income
-
-
-
11 769
other
-
-
-
2 191
health
-
-
-
2 030
total
-
-
-
27 061
Employee
11 014
-
55 799
-
health
154
-
646
-
unemployment
110
-
461
-
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.

771
-
3 229
-
income
1 896
-
11 582
-
total
2 931
-
15 918
-
Employer
11 014
-
55 799
-
health
154
-
646
-
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.

1 873
-
7 842
-
accident
88
-
446
-
unemployment
110
-
461
-
other
551
-
2 306
-
total
2 776
-
11 701
-
Corporate
53 710
67 500
-
-
income
11 279
14 175
-
-
total
11 279
14 175
-
-
Dividends
42 431
53 325
-
-
withholding
2 970
3 733
-
-
total
2 970
3 733
-
-
Income
67 500
67 500
67 500
67 500
Total tax
19 956
17 908
27 619
27 061
After tax
47 544
49 592
39 881
40 439
Living cost
8 083
8 083
8 083
8 083
Free-cash
39 461
41 509
31 798
32 356

Estimated living cost  is ₴8083 per week

₴5711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴52318
₴53354
₴50557
₴53728
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
-
-
-
67 500
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
10 125
health
-
-
-
1 221
total
-
-
-
12 959
Employee
5 275
-
65 418
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
6 542
-
total
1 291
-
8 079
-
Employer
5 275
-
65 418
-
health
364
-
732
-
pensions

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

581
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 083
-
Corporate
61 190
67 500
-
-
income
6 119
6 750
-
-
total
6 119
6 750
-
-
Dividends
55 071
60 750
-
-
withholding
2 753
3 038
-
-
total
2 753
3 038
-
-
Income
67 500
67 500
67 500
67 500
Total tax
11 198
9 788
10 162
12 959
After tax
56 302
57 712
57 338
54 541
Living cost
3 984
3 984
3 984
3 984
Free-cash
52 318
53 728
53 354
50 557

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴25433
₴24693
₴26625
₴23642
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
67 500
income
-
-
-
12 494
other
-
-
-
2 092
health
-
-
-
3 293
social contributions
-
-
-
1 923
pensions
-
-
-
10 695
surtax
-
-
-
-
total
-
-
-
30 497
Employee
12 983
-
51 520
-
pensions
1 468
-
3 882
-
income
766
-
11 099
-
social contributions
370
-
1 468
-
surtax
-
-
-
-
total
2 604
-
16 449
-
Employer
12 983
-
51 520
-
health
909
-
5 121
-
social contributions
39
-
154
-
pensions
2 133
-
6 481
-
unemployment
526
-
2 087
-
other
448
-
2 137
-
total
4 055
-
15 980
-
Corporate
50 463
67 500
-
-
income
14 129
18 900
-
-
surtax
-
-
-
-
total
14 129
18 900
-
-
Dividends
36 334
48 600
-
-
social contributions
6 250
8 359
-
-
surtax
-
-
-
-
withholding
4 651
6 221
-
-
total
10 901
14 580
-
-
Income
67 500
67 500
67 500
67 500
Total tax
31 689
33 480
32 429
30 497
After tax
35 811
34 020
35 071
37 003
Living cost
10 378
10 378
10 378
10 378
Free-cash
25 433
23 642
24 693
26 625

Estimated living cost  is ₴10378 per week

₴6544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴19062
₴30462
₴23578
₴20920
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
-
-
-
67 500
pensions
-
-
-
3 554
income
-
-
-
23 919
health
-
-
-
3 741
total
-
-
-
31 214
Employee
25 904
25 904
61 863
-
health
3 976
3 382
3 741
-
pensions
4 663
3 554
3 554
-
income

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

4 240
4 240
11 397
-
total
12 879
11 176
18 692
-
Employer
25 904
25 904
61 863
-
health
1 801
1 801
2 238
-
pensions
1 803
1 803
2 241
-
unemployment
933
933
1 159
-
total
4 537
4 537
5 638
-
Corporate
37 377
37 059
-
-
income
7 475
7 412
-
-
total
7 475
7 412
-
-
Dividends
29 902
29 647
-
-
income
6 354
6 300
-
-
withholding
4 485
4 447
-
-
total
10 839
10 747
-
-
Income
67 500
67 500
67 500
67 500
Total tax
35 730
33 872
24 330
31 214
After tax
31 770
33 628
43 170
36 286
Living cost
12 708
12 708
12 708
12 708
Free-cash
19 062
20 920
30 462
23 578

Estimated living cost  is ₴12708 per week

₴9006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴28189
₴32581
₴24171
₴24833
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.

-
-
-
67 500
trade
-
-
-
8 410
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.

-
-
-
22 425
health

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

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

-
-
-
2 072
surtax

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

-
-
-
1 234
total
-
-
-
34 141
Employee

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

11 602
-
67 500
-
health

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

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

2 072
-
2 072
-
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.

324
-
22 425
-
surtax

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

18
-
1 234
-
total
2 414
-
25 731
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 898
67 500
-
-
income
8 384
10 125
-
-
trade
8 804
10 631
-
-
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.

461
557
-
-
chamber of commerce
127
143
-
-
total
17 776
21 456
-
-
Dividends
38 122
46 044
-
-
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.

518
627
-
-
withholding
9 415
11 396
-
-
total
9 933
12 023
-
-
Income
67 500
67 500
67 500
67 500
Total tax
30 123
33 479
25 731
34 141
After tax
37 377
34 021
41 769
33 359
Living cost
9 188
9 188
9 188
9 188
Free-cash
28 189
24 833
32 581
24 171

Estimated living cost  is ₴9188 per week

₴5780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴40521
₴37854
₴38409
₴42172
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
-
-
-
67 500
income
-
-
-
15 439
health
-
-
-
1 721
social contributions
-
-
-
4 908
total
-
-
-
22 068
Employee
23 326
23 326
63 710
-
health
181
397
1 083
-
income
2 540
2 159
15 140
-
social contributions
882
1 936
2 611
-
total
3 603
4 492
18 834
-
Employer
23 326
23 326
63 710
-
health
196
432
1 178
-
social contributions
882
1 936
2 611
-
total
1 078
2 368
3 789
-
Corporate
55 796
41 807
-
-
income
6 975
5 226
-
-
total
6 975
5 226
-
-
Dividends
48 822
36 581
-
-
withholding
8 300
6 219
-
-
total
8 300
6 219
-
-
Income
67 500
67 500
67 500
67 500
Total tax
19 956
18 305
22 623
22 068
After tax
47 544
49 195
44 877
45 432
Living cost
7 023
7 023
7 023
7 023
Free-cash
40 521
42 172
37 854
38 409

Estimated living cost  is ₴7023 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴28574
₴20489
₴25732
₴28879
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.

-
-
-
67 500
income
-
-
-
8 797
social contributions

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

-
-
-
23 456
surtax
-
-
-
-
total
-
-
-
32 253
Employee
13 951
-
54 546
-
income
2 902
-
18 480
-
social contributions
1 535
-
6 000
-
surtax
-
-
62
-
total
4 437
-
24 542
-
Employer
13 951
-
54 546
-
social contributions
3 313
-
12 954
-
total
3 313
-
12 954
-
Corporate
50 235
67 500
-
-
income
10 549
14 175
-
-
surtax
-
-
-
-
total
10 549
14 175
-
-
Dividends
39 686
53 325
-
-
withholding
11 112
14 931
-
-
total
11 112
14 931
-
-
Income
67 500
67 500
67 500
67 500
Total tax
29 411
29 106
37 496
32 253
After tax
38 089
38 394
30 004
35 247
Living cost
9 515
9 515
9 515
9 515
Free-cash
28 574
28 879
20 489
25 732

Estimated living cost  is ₴9515 per week

₴7119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴61394
₴51700
₴64525
₴61825
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%.

-
-
-
67 500
microenterprise

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

-
-
-
675
total
-
-
-
675
Employee
2 875
-
67 500
-
income
575
-
13 500
-
total
575
-
13 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 625
67 500
-
-
total
-
-
-
-
Dividends
64 625
67 500
-
-
withholding
3 231
3 375
-
-
total
3 231
3 375
-
-
Income
67 500
67 500
67 500
67 500
Total tax
3 806
3 375
13 500
675
After tax
63 694
64 125
54 000
66 825
Living cost
2 300
2 300
2 300
2 300
Free-cash
61 394
61 825
51 700
64 525

Estimated living cost  is ₴2300 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴35802
₴21814
₴23280
₴38338
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.

-
-
-
67 500
pensions
-
-
-
12 327
unemployment
-
-
-
101
income
-
-
-
17 014
health
-
-
-
6 642
total
-
-
-
36 084
Employee

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

13 414
-
58 406
-
health
866
-
3 773
-
unemployment
19
-
82
-
pensions
2 079
-
9 053
-
income
2 313
-
15 548
-
total
5 277
-
28 456
-
Employer

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

13 414
-
58 406
-
health
893
-
3 890
-
pensions
1 187
-
5 169
-
unemployment
8
-
35
-
total
2 088
-
9 094
-
Corporate
51 998
67 500
-
-
income
9 879
12 825
-
-
total
9 879
12 825
-
-
Dividends
42 118
54 675
-
-
withholding
6 318
8 201
-
-
total
6 318
8 201
-
-
Income
67 500
67 500
67 500
67 500
Total tax
23 562
21 026
37 550
36 084
After tax
43 938
46 474
29 950
31 416
Living cost
8 136
8 136
8 136
8 136
Free-cash
35 802
38 338
21 814
23 280

Estimated living cost  is ₴8136 per week

₴5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴32321
₴36125
₴44456
₴31261
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.

-
-
-
67 500
income
-
-
-
10 125
health

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

-
-
-
1 908
total
-
-
-
12 033
Employee
13 916
-
66 105
-
social contributions
1 394
-
1 395
-
income
1 510
-
17 574
-
total
2 904
-
18 969
-
Employer
13 916
-
66 105
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
52 190
67 500
-
-
income
18 267
23 625
-
-
total
18 267
23 625
-
-
Dividends
33 924
43 875
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
67 500
67 500
67 500
67 500
Total tax
24 168
25 228
20 364
12 033
After tax
43 332
42 272
47 136
55 467
Living cost
11 011
11 011
11 011
11 011
Free-cash
32 321
31 261
36 125
44 456

Estimated living cost  is ₴11011 per week

₴7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴34906
₴35111
₴36916
₴34748
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
-
-
-
67 500
income
-
-
-
10 125
health
-
-
-
4 712
social contributions
-
-
-
9 315
total
-
-
-
24 152
Employee
10 285
-
67 500
-
health
718
-
4 712
-
income
1 715
-
11 930
-
social contributions
1 420
-
9 315
-
total
3 853
-
25 957
-
Employer
10 285
-
67 500
-
total
-
-
-
-
Corporate
57 215
67 500
-
-
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%.

2 861
3 375
-
-
total
2 861
3 375
-
-
Dividends
54 354
64 125
-
-
social contributions
7 501
8 850
-
-
withholding
8 153
9 619
-
-
health
3 794
4 476
-
-
total
19 448
22 945
-
-
Income
67 500
67 500
67 500
67 500
Total tax
26 162
26 320
25 957
24 152
After tax
41 338
41 180
41 543
43 348
Living cost
6 432
6 432
6 432
6 432
Free-cash
34 906
34 748
35 111
36 916

Estimated living cost  is ₴6432 per week

₴4305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴34944
₴28682
₴31684
₴37976
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
-
-
-
67 500
income
-
-
-
7 270
health
-
-
-
9 112
social contributions
-
-
-
9 923
solidarity contribution
-
-
-
1 014
total
-
-
-
27 319
Employee
12 496
-
54 132
-
health
1 687
-
7 308
-
solidarity contribution
-
-
744
-
income
1 500
-
6 692
-
social contributions
812
-
2 209
-
total
3 999
-
16 953
-
Employer
12 496
-
54 132
-
health
1 125
-
4 872
-
social contributions
3 124
-
8 496
-
total
4 249
-
13 368
-
Corporate
50 755
67 500
-
-
income
9 643
12 825
-
-
total
9 643
12 825
-
-
Dividends
41 112
54 675
-
-
withholding
6 167
8 201
-
-
total
6 167
8 201
-
-
Income
67 500
67 500
67 500
67 500
Total tax
24 058
21 026
30 321
27 319
After tax
43 442
46 474
37 179
40 181
Living cost
8 498
8 498
8 498
8 498
Free-cash
34 944
37 976
28 682
31 684

Estimated living cost  is ₴8498 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴59868
₴50415
₴63240
₴60540
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%.

-
-
-
67 500
microenterprise

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

-
-
-
675
total
-
-
-
675
Employee
4 481
-
67 500
-
income
896
-
13 500
-
total
896
-
13 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

63 019
67 500
-
-
total
-
-
-
-
Dividends
63 019
67 500
-
-
withholding
3 151
3 375
-
-
total
3 151
3 375
-
-
Income
67 500
67 500
67 500
67 500
Total tax
4 047
3 375
13 500
675
After tax
63 453
64 125
54 000
66 825
Living cost
3 585
3 585
3 585
3 585
Free-cash
59 868
60 540
50 415
63 240

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴21453
₴20420
₴22352
₴19369
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
-
-
-
67 500
income
-
-
-
12 494
other
-
-
-
2 092
health
-
-
-
3 293
social contributions
-
-
-
1 923
pensions
-
-
-
10 695
surtax
-
-
-
-
total
-
-
-
30 497
Employee
18 999
-
51 520
-
pensions
2 149
-
3 882
-
income
1 658
-
11 099
-
social contributions
541
-
1 468
-
surtax
-
-
-
-
total
4 348
-
16 449
-
Employer
18 999
-
51 520
-
health
1 330
-
5 121
-
social contributions
57
-
154
-
pensions
3 122
-
6 481
-
unemployment
770
-
2 087
-
other
656
-
2 137
-
total
5 935
-
15 980
-
Corporate
42 567
67 500
-
-
income
11 919
18 900
-
-
surtax
-
-
-
-
total
11 919
18 900
-
-
Dividends
30 648
48 600
-
-
social contributions
5 271
8 359
-
-
surtax
-
-
-
-
withholding
3 923
6 221
-
-
total
9 194
14 580
-
-
Income
67 500
67 500
67 500
67 500
Total tax
31 396
33 480
32 429
30 497
After tax
36 104
34 020
35 071
37 003
Living cost
14 651
14 651
14 651
14 651
Free-cash
21 453
19 369
20 420
22 352

Estimated living cost  is ₴14651 per week

₴9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴42053
₴38211
₴38212
₴43540
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.

-
-
-
67 500
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
15 612
health
-
-
-
2 302
total
-
-
-
24 059
Employee

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

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

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

7 885
-
63 500
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 128
-
income
1 087
-
15 612
-
total
2 656
-
20 059
-
Employer

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

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

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

7 885
-
63 500
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
58 203
67 500
-
-
income
8 730
10 125
-
-
total
8 730
10 125
-
-
Dividends
49 473
57 375
-
-
withholding
7 421
8 606
-
-
total
7 421
8 606
-
-
Income
67 500
67 500
67 500
67 500
Total tax
20 218
18 731
24 060
24 059
After tax
47 282
48 769
43 440
43 441
Living cost
5 229
5 229
5 229
5 229
Free-cash
42 053
43 540
38 211
38 212

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴19055
₴30321
₴32369
₴10222
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
-
-
-
67 500
pensions
-
-
-
6 210
city
-
-
-
712
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.

-
-
-
1 350
health
-
-
-
152
regional
-
-
-
3 986
national
-
-
-
2 077
total
-
-
-
14 487
Employee
24 159
-
60 919
-
health
55
-
137
-
unemployment
-
-
-
-
city
259
-
661
-
pensions
2 030
-
4 555
-
regional
791
-
3 566
-
national
114
-
1 705
-
total
3 249
-
10 624
-
Employer
24 159
-
60 919
-
health
55
-
137
-
pensions
2 030
-
4 555
-
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.

483
-
1 218
-
total
2 568
-
5 910
-
Corporate
40 508
67 500
-
-
regional
8 567
14 276
-
-
national
3 443
5 738
-
-
total
12 010
20 014
-
-
Dividends
28 497
47 486
-
-
withholding
9 974
16 620
-
-
total
9 974
16 620
-
-
Income
67 500
67 500
67 500
67 500
Total tax
27 801
36 634
16 534
14 487
After tax
39 699
30 866
50 966
53 013
Living cost
20 644
20 644
20 644
20 644
Free-cash
19 055
10 222
30 321
32 369

Estimated living cost  is ₴20644 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴30714
₴22115
₴29847
₴29777
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

-
-
-
67 500
municipal
-
-
-
11 986
health
-
-
-
913
national
-
-
-
13 108
total
-
-
-
26 007
Employee
15 960
-
56 784
-
health
119
-
748
-
unemployment
239
-
852
-
pensions
1 077
-
3 833
-
national
264
-
8 348
-
municipal
2 614
-
9 243
-
total
4 313
-
23 024
-
Employer
15 960
-
56 784
-
health
123
-
437
-
pensions
2 769
-
9 852
-
accident
16
-
57
-
unemployment
104
-
369
-
total
3 012
-
10 715
-
Corporate
48 529
67 500
-
-
income
9 706
13 500
-
-
total
9 706
13 500
-
-
Dividends

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

29 117
40 500
-
-
municipal
5 241
7 290
-
-
national
2 868
5 287
-
-
total
8 109
12 577
-
-
Income
67 500
67 500
67 500
67 500
Total tax
25 140
26 077
33 739
26 007
After tax
42 360
41 423
33 761
41 493
Living cost
11 646
11 646
11 646
11 646
Free-cash
30 714
29 777
22 115
29 847

Estimated living cost  is ₴11646 per week

₴7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴22112
₴11921
₴18295
₴26023
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
-
-
-
67 500
communal

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

-
-
-
3 596
social contributions
-
-
-
7 563
national
-
-
-
26 986
total
-
-
-
38 145
Employee

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

21 698
-
52 281
-
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.

1 019
-
2 457
-
communal

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

1 132
-
2 727
-
unemployment

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

189
-
455
-
pensions

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

1 627
-
3 921
-
national
6 671
-
19 741
-
total
10 638
-
29 301
-
Employer

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

21 698
-
52 281
-
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.

1 334
-
3 215
-
pensions

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

1 923
-
4 632
-
surtax
2 460
-
5 929
-
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.

282
-
679
-
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.

317
-
763
-
total
6 316
-
15 218
-
Corporate
39 486
67 500
-
-
income
7 897
14 394
-
-
surtax
158
288
-
-
total
8 055
14 682
-
-
Dividends
31 430
52 818
-
-
withholding

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

9 319
15 735
-
-
total
9 319
15 735
-
-
Income
67 500
67 500
67 500
67 500
Total tax
34 328
30 417
44 519
38 145
After tax
33 172
37 083
22 981
29 355
Living cost
11 060
11 060
11 060
11 060
Free-cash
22 112
26 023
11 921
18 295

Estimated living cost  is ₴11060 per week

₴7124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴23428
₴20622
₴20941
₴23723
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
-
-
-
67 500
unemployment
-
-
-
29
municipal
-
-
-
17 642
other
-
-
-
3 344
health
-
-
-
1 796
national
-
-
-
7 447
accident
-
-
-
58
pensions
-
-
-
3 111
total
-
-
-
33 427
Employee
18 711
-
58 457
-
national
-
-
7 271
-
municipal
5 580
-
17 432
-
total
5 580
-
24 703
-
Employer
18 711
-
58 457
-
health
1 151
-
1 770
-
pensions
2 023
-
3 111
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 174
-
3 344
-
total
5 879
-
9 043
-
Corporate
42 910
67 500
-
-
income
9 440
14 850
-
-
total
9 440
14 850
-
-
Dividends
33 470
52 650
-
-
withholding
10 041
15 795
-
-
total
10 041
15 795
-
-
Income
67 500
67 500
67 500
67 500
Total tax
30 940
30 645
33 746
33 427
After tax
36 560
36 855
33 754
34 073
Living cost
13 132
13 132
13 132
13 132
Free-cash
23 428
23 723
20 622
20 941

Estimated living cost  is ₴13132 per week

₴8703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴2941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴10402
₴48467
₴32062
₴26481
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
-
-
-
67 500
income
-
-
-
13 157
social contributions
-
-
-
7 695
total
-
-
-
20 852
Employee
20 914
-
-
-
income
4 613
-
-
-
social contributions
1 715
-
244
-
total
6 328
-
244
-
Employer
20 914
-
-
-
social contributions
29 489
-
4 203
-
total
29 489
-
4 203
-
Corporate
17 096
67 500
-
-
income
3 761
14 850
-
-
total
3 761
14 850
-
-
Dividends
13 335
52 650
-
-
income
2 934
11 583
-
-
total
2 934
11 583
-
-
Income
67 500
67 500
67 500
67 500
Total tax
42 512
26 433
4 447
20 852
After tax
24 988
41 067
63 053
46 648
Living cost
14 586
14 586
14 586
14 586
Free-cash
10 402
26 481
48 467
32 062

Estimated living cost  is ₴14586 per week

₴9464
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.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴38100
₴35038
₴35593
₴39356
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
-
-
-
67 500
income
-
-
-
15 439
health
-
-
-
1 721
social contributions
-
-
-
4 908
total
-
-
-
22 068
Employee
23 326
23 326
63 710
-
health
232
397
1 083
-
income
2 449
2 159
15 140
-
social contributions
1 133
1 936
2 611
-
total
3 814
4 492
18 834
-
Employer
23 326
23 326
63 710
-
health
253
432
1 178
-
social contributions
1 133
1 936
2 611
-
total
1 386
2 368
3 789
-
Corporate
52 460
41 807
-
-
income
6 557
5 226
-
-
total
6 557
5 226
-
-
Dividends
45 903
36 581
-
-
withholding
7 804
6 219
-
-
total
7 804
6 219
-
-
Income
67 500
67 500
67 500
67 500
Total tax
19 561
18 305
22 623
22 068
After tax
47 939
49 195
44 877
45 432
Living cost
9 839
9 839
9 839
9 839
Free-cash
38 100
39 356
35 038
35 593

Estimated living cost  is ₴9839 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴33343
₴26702
₴32721
₴31616
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
-
-
-
67 500
income
-
-
-
21 008
pensions
-
-
-
2 946
total
-
-
-
23 954
Employee
14 859
-
58 816
-
health
194
-
790
-
pensions
1 134
-
3 504
-
income
2 706
-
16 995
-
total
4 034
-
21 289
-
Employer
14 859
-
58 816
-
health
282
-
1 117
-
pensions
1 501
-
7 567
-
total
1 783
-
8 684
-
Corporate
50 858
67 500
-
-
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.

9 663
12 825
-
-
total
9 663
12 825
-
-
Dividends
41 194
54 675
-
-
withholding
7 852
12 234
-
-
total
7 852
12 234
-
-
Income
67 500
67 500
67 500
67 500
Total tax
23 332
25 059
29 973
23 954
After tax
44 168
42 441
37 527
43 546
Living cost
10 825
10 825
10 825
10 825
Free-cash
33 343
31 616
26 702
32 721

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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

Additional information

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

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

Rome , Italy
₴22089
₴17066
₴19556
₴23470
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
-
-
-
67 500
municipal
-
-
-
471
regional
-
-
-
1 641
social contributions
-
-
-
15 182
national
-
-
-
18 565
total
-
-
-
35 859
Employee
25 562
-
67 500
-
social contributions
8 619
-
19 904
-
regional
386
-
1 484
-
national
4 320
-
16 534
-
municipal
153
-
428
-
total
13 478
-
38 350
-
Employer
25 562
-
67 500
-
total
-
-
-
-
Corporate
41 938
67 500
-
-
nationa
10 065
16 200
-
-
municipal
2 022
3 254
-
-
total
12 087
19 454
-
-
Dividends
29 851
48 046
-
-
withholding
7 762
12 492
-
-
total
7 762
12 492
-
-
Income
67 500
67 500
67 500
67 500
Total tax
33 327
31 946
38 350
35 859
After tax
34 173
35 554
29 150
31 641
Living cost
12 084
12 084
12 084
12 084
Free-cash
22 089
23 470
17 066
19 556

Estimated living cost  is ₴12084 per week

₴8489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4475
₴30747
₴39619
-₴1002
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
-
-
-
67 500
pensions
-
-
-
1 223
income
-
-
-
19 365
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
21 412
Employee
10 176
-
61 718
-
health
1 165
-
7 067
-
pensions
1 146
-
2 243
-
income
1 396
-
15 191
-
total
3 707
-
24 501
-
Employer
10 176
-
61 718
-
pensions
1 655
-
3 240
-
accident
170
-
1 031
-
unemployment
249
-
1 512
-
total
2 074
-
5 783
-
Corporate
55 250
67 500
-
-
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.

49 725
60 750
-
-
total
49 725
60 750
-
-
Dividends
5 525
6 750
-
-
withholding
1 050
1 283
-
-
total
1 050
1 283
-
-
Income
67 500
67 500
67 500
67 500
Total tax
56 556
62 033
30 284
21 412
After tax
10 944
5 467
37 216
46 088
Living cost
6 469
6 469
6 469
6 469
Free-cash
4 475
-1 002
30 747
39 619

Estimated living cost  is ₴6469 per week

₴4741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴1234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴26974
₴30058
₴22395
₴23003
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.

-
-
-
67 500
trade
-
-
-
7 663
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.

-
-
-
22 425
health

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

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

-
-
-
2 072
surtax

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

-
-
-
1 234
total
-
-
-
33 394
Employee

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

15 093
-
67 500
-
health

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

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

2 072
-
2 072
-
income

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

1 241
-
22 425
-
surtax

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

69
-
1 234
-
total
3 382
-
25 731
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 407
67 500
-
-
income
7 861
10 125
-
-
trade
7 520
9 687
-
-
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.

432
557
-
-
chamber of commerce
123
145
-
-
total
15 936
20 514
-
-
Dividends
36 470
46 987
-
-
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.

495
640
-
-
withholding
9 002
11 632
-
-
total
9 497
12 272
-
-
Income
67 500
67 500
67 500
67 500
Total tax
28 815
32 786
25 731
33 394
After tax
38 685
34 714
41 769
34 106
Living cost
11 711
11 711
11 711
11 711
Free-cash
26 974
23 003
30 058
22 395

Estimated living cost  is ₴11711 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴45201
₴22997
₴18191
₴47689
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.

-
-
-
67 500
income
-
-
-
14 163
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 622
surtax
-
-
-
17 213
total
-
-
-
42 998
Employee
8 864
-
52 965
-
income
1 578
-
12 000
-
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.

975
-
3 977
-
surtax
-
-
7 680
-
total
2 553
-
23 657
-
Employer
8 864
-
52 965
-
social contributions

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

2 135
-
8 709
-
surtax
-
-
5 826
-
total
2 135
-
14 535
-
Corporate
56 501
67 500
-
-
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%.

11 300
13 500
-
-
total
11 300
13 500
-
-
Dividends

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

45 201
54 000
-
-
total
-
-
-
-
Income
67 500
67 500
67 500
67 500
Total tax
15 988
13 500
38 192
42 998
After tax
51 512
54 000
29 308
24 502
Living cost
6 311
6 311
6 311
6 311
Free-cash
45 201
47 689
22 997
18 191

Estimated living cost  is ₴6311 per week

₴4026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴37750
₴37649
₴37916
₴38366
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
-
-
-
67 500
income
-
-
-
21 106
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
25 830
Employee
5 718
-
64 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
20 962
-
total
1 964
-
23 016
-
Employer
5 718
-
64 419
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
60 495
67 500
-
-
income
13 309
14 850
-
-
total
13 309
14 850
-
-
Dividends
47 186
52 650
-
-
withholding
9 437
10 530
-
-
total
9 437
10 530
-
-
Income
67 500
67 500
67 500
67 500
Total tax
25 996
25 380
26 097
25 830
After tax
41 504
42 120
41 403
41 670
Living cost
3 754
3 754
3 754
3 754
Free-cash
37 750
38 366
37 649
37 916

Estimated living cost  is ₴3754 per week

₴2231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴34678
₴23088
₴24944
₴35644
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
-
-
-
67 500
pensions
-
-
-
8 097
unemployment
-
-
-
69
income
-
-
-
21 147
other
-
-
-
-
health
-
-
-
2 874
surtax
-
-
-
3 556
total
-
-
-
35 743
Employee
10 216
-
58 978
-
health
261
-
1 032
-
unemployment
711
-
2 818
-
pensions
682
-
2 700
-
income
1 713
-
19 333
-
other
-
-
-
-
surtax
36
-
3 194
-
total
3 403
-
29 077
-
Employer
10 216
-
58 978
-
health
465
-
1 842
-
pensions
1 362
-
5 397
-
unemployment
324
-
1 283
-
other
-
-
-
-
total
2 151
-
8 522
-
Corporate
55 134
67 500
-
-
income
14 335
17 550
-
-
total
14 335
17 550
-
-
Dividends
40 799
49 950
-
-
withholding
6 120
7 493
-
-
total
6 120
7 493
-
-
Income
67 500
67 500
67 500
67 500
Total tax
26 009
25 043
37 599
35 743
After tax
41 491
42 457
29 901
31 757
Living cost
6 813
6 813
6 813
6 813
Free-cash
34 678
35 644
23 088
24 944

Estimated living cost  is ₴6813 per week

₴4114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴27418
₴8041
₴24973
₴27567
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
-
-
-
67 500
pensions
-
-
-
6 556
chamber of commerce
-
-
-
270
unemployment
-
-
-
1 861
income