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
₴ 68000
per

Your estimated
City
free-cash

Valencia , Spain
₴35441
₴28357
₴29634
₴36785
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
-
-
-
68 000
unemployment
-
-
-
197
income
-
-
-
21 539
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
29 999
Employee
11 251
-
59 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
20 494
-
other
11
-
28
-
total
2 883
-
22 285
-
Employer
11 251
-
59 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
53 162
68 000
-
-
income

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

7 975
10 200
-
-
total
7 975
10 200
-
-
Dividends
45 188
57 800
-
-
withholding
9 747
12 648
-
-
total
9 747
12 648
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 192
22 848
31 276
29 999
After tax
43 808
45 152
36 724
38 001
Living cost
8 367
8 367
8 367
8 367
Free-cash
35 441
36 785
28 357
29 634

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴39796
₴32112
₴32675
₴41851
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
-
-
-
68 000
pensions

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

-
-
-
11 105
income
-
-
-
11 878
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
27 217
Employee
11 048
-
56 261
-
health
155
-
648
-
unemployment
110
-
463
-
pensions

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

773
-
3 239
-
income
1 902
-
11 690
-
total
2 940
-
16 040
-
Employer
11 048
-
56 261
-
health
155
-
648
-
pensions

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

1 878
-
7 866
-
accident
88
-
450
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 740
-
Corporate
54 168
68 000
-
-
income
11 376
14 280
-
-
total
11 376
14 280
-
-
Dividends
42 792
53 720
-
-
withholding
2 996
3 761
-
-
total
2 996
3 761
-
-
Income
68 000
68 000
68 000
68 000
Total tax
20 096
18 041
27 780
27 217
After tax
47 904
49 959
40 220
40 783
Living cost
8 108
8 108
8 108
8 108
Free-cash
39 796
41 851
32 112
32 675

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴52739
₴53797
₴50977
₴54153
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
-
-
-
68 000
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
10 200
health
-
-
-
1 222
total
-
-
-
13 036
Employee
5 280
-
65 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
6 592
-
total
1 293
-
8 131
-
Employer
5 280
-
65 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
61 684
68 000
-
-
income
6 169
6 800
-
-
total
6 169
6 800
-
-
Dividends
55 515
61 200
-
-
withholding
2 776
3 060
-
-
total
2 776
3 060
-
-
Income
68 000
68 000
68 000
68 000
Total tax
11 274
9 860
10 216
13 036
After tax
56 726
58 140
57 784
54 964
Living cost
3 987
3 987
3 987
3 987
Free-cash
52 739
54 153
53 797
50 977

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴25661
₴24878
₴26838
₴23862
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
-
-
-
68 000
income
-
-
-
12 628
other
-
-
-
2 108
health
-
-
-
3 325
social contributions
-
-
-
1 938
pensions
-
-
-
10 753
surtax
-
-
-
-
total
-
-
-
30 752
Employee
13 022
-
51 887
-
pensions
1 472
-
3 915
-
income
769
-
11 208
-
social contributions
371
-
1 478
-
surtax
-
-
-
-
total
2 612
-
16 601
-
Employer
13 022
-
51 887
-
health
912
-
5 164
-
social contributions
39
-
156
-
pensions
2 139
-
6 535
-
unemployment
527
-
2 101
-
other
449
-
2 155
-
total
4 066
-
16 111
-
Corporate
50 911
68 000
-
-
income
14 255
19 040
-
-
surtax
-
-
-
-
total
14 255
19 040
-
-
Dividends
36 656
48 960
-
-
social contributions
6 304
8 421
-
-
surtax
-
-
-
-
withholding
4 692
6 267
-
-
total
10 996
14 688
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 929
33 728
32 712
30 752
After tax
36 071
34 272
35 288
37 248
Living cost
10 410
10 410
10 410
10 410
Free-cash
25 661
23 862
24 878
26 838

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴19272
₴30745
₴23793
₴21137
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
-
-
-
68 000
pensions
-
-
-
3 565
income
-
-
-
24 144
health
-
-
-
3 752
total
-
-
-
31 461
Employee
25 983
25 983
62 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
11 538
-
total
12 918
11 210
18 855
-
Employer
25 983
25 983
62 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
37 785
37 467
-
-
income
7 557
7 493
-
-
total
7 557
7 493
-
-
Dividends
30 228
29 974
-
-
income
6 424
6 369
-
-
withholding
4 534
4 496
-
-
total
10 958
10 865
-
-
Income
68 000
68 000
68 000
68 000
Total tax
35 982
34 117
24 509
31 461
After tax
32 018
33 883
43 491
36 539
Living cost
12 746
12 746
12 746
12 746
Free-cash
19 272
21 137
30 745
23 793

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴28423
₴32844
₴24362
₴25056
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.

-
-
-
68 000
trade
-
-
-
8 482
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.

-
-
-
22 617
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 244
total
-
-
-
34 422
Employee

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

11 638
-
68 000
-
health

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

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

2 079
-
2 079
-
income

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

325
-
22 617
-
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
-
1 244
-
total
2 422
-
25 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 362
68 000
-
-
income
8 454
10 200
-
-
trade
8 877
10 710
-
-
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.

465
561
-
-
chamber of commerce
127
144
-
-
total
17 923
21 615
-
-
Dividends
38 439
46 385
-
-
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.

522
632
-
-
withholding
9 494
11 481
-
-
total
10 016
12 113
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 361
33 728
25 940
34 422
After tax
37 639
34 272
42 060
33 578
Living cost
9 216
9 216
9 216
9 216
Free-cash
28 423
25 056
32 844
24 362

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴40858
₴38153
₴38712
₴42513
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
-
-
-
68 000
income
-
-
-
15 586
health
-
-
-
1 734
social contributions
-
-
-
4 923
total
-
-
-
22 243
Employee
23 397
23 397
64 193
-
health
181
398
1 091
-
income
2 548
2 166
15 285
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
18 995
-
Employer
23 397
23 397
64 193
-
health
197
433
1 188
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 807
-
Corporate
56 260
42 228
-
-
income
7 032
5 279
-
-
total
7 032
5 279
-
-
Dividends
49 228
36 950
-
-
withholding
8 369
6 282
-
-
total
8 369
6 282
-
-
Income
68 000
68 000
68 000
68 000
Total tax
20 097
18 442
22 802
22 243
After tax
47 903
49 558
45 198
45 757
Living cost
7 045
7 045
7 045
7 045
Free-cash
40 858
42 513
38 153
38 712

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴28828
₴20655
₴25949
₴29134
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.

-
-
-
68 000
income
-
-
-
8 877
social contributions

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

-
-
-
23 630
surtax
-
-
-
-
total
-
-
-
32 507
Employee
13 994
-
54 949
-
income
2 911
-
18 638
-
social contributions
1 539
-
6 044
-
surtax
-
-
68
-
total
4 450
-
24 750
-
Employer
13 994
-
54 949
-
social contributions
3 324
-
13 051
-
total
3 324
-
13 051
-
Corporate
50 682
68 000
-
-
income
10 643
14 280
-
-
surtax
-
-
-
-
total
10 643
14 280
-
-
Dividends
40 039
53 720
-
-
withholding
11 211
15 042
-
-
total
11 211
15 042
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 628
29 322
37 801
32 507
After tax
38 372
38 678
30 199
35 493
Living cost
9 544
9 544
9 544
9 544
Free-cash
28 828
29 134
20 655
25 949

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴61800
₴52042
₴64962
₴62242
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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
2 948
-
68 000
-
income
589
-
13 600
-
total
589
-
13 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

65 052
68 000
-
-
total
-
-
-
-
Dividends
65 052
68 000
-
-
withholding
3 253
3 400
-
-
total
3 253
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
3 842
3 400
13 600
680
After tax
64 158
64 600
54 400
67 320
Living cost
2 358
2 358
2 358
2 358
Free-cash
61 800
62 242
52 042
64 962

Estimated living cost  is ₴2358 per week

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

Additional information

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

Ljubljana , Slovenia
₴36111
₴21980
₴23456
₴38657
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.

-
-
-
68 000
pensions
-
-
-
12 418
unemployment
-
-
-
102
income
-
-
-
17 171
health
-
-
-
6 692
total
-
-
-
36 383
Employee

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

13 455
-
58 839
-
health
869
-
3 801
-
unemployment
19
-
83
-
pensions
2 086
-
9 120
-
income
2 320
-
15 694
-
total
5 294
-
28 698
-
Employer

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

13 455
-
58 839
-
health
896
-
3 919
-
pensions
1 191
-
5 207
-
unemployment
8
-
35
-
total
2 095
-
9 161
-
Corporate
52 450
68 000
-
-
income
9 966
12 920
-
-
total
9 966
12 920
-
-
Dividends
42 485
55 080
-
-
withholding
6 373
8 262
-
-
total
6 373
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 728
21 182
37 859
36 383
After tax
44 272
46 818
30 141
31 617
Living cost
8 161
8 161
8 161
8 161
Free-cash
36 111
38 657
21 980
23 456

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴32611
₴36424
₴44831
₴31547
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.

-
-
-
68 000
income
-
-
-
10 200
health

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

-
-
-
1 924
total
-
-
-
12 124
Employee
13 958
-
66 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
17 731
-
total
2 913
-
19 131
-
Employer
13 958
-
66 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
52 643
68 000
-
-
income
18 425
23 800
-
-
total
18 425
23 800
-
-
Dividends
34 218
44 200
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 344
25 408
20 531
12 124
After tax
43 656
42 592
47 469
55 876
Living cost
11 045
11 045
11 045
11 045
Free-cash
32 611
31 547
36 424
44 831

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴35192
₴35392
₴37218
₴35034
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
-
-
-
68 000
income
-
-
-
10 200
health
-
-
-
4 746
social contributions
-
-
-
9 384
total
-
-
-
24 330
Employee
10 317
-
68 000
-
health
720
-
4 746
-
income
1 721
-
12 026
-
social contributions
1 424
-
9 384
-
total
3 865
-
26 156
-
Employer
10 317
-
68 000
-
total
-
-
-
-
Corporate
57 683
68 000
-
-
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%.

2 884
3 400
-
-
total
2 884
3 400
-
-
Dividends
54 799
64 600
-
-
social contributions
7 562
8 915
-
-
withholding
8 220
9 690
-
-
health
3 825
4 509
-
-
total
19 607
23 114
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 356
26 514
26 156
24 330
After tax
41 644
41 486
41 844
43 670
Living cost
6 452
6 452
6 452
6 452
Free-cash
35 192
35 034
35 392
37 218

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴35263
₴28961
₴31989
₴38301
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
-
-
-
68 000
income
-
-
-
7 331
health
-
-
-
9 180
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 037
total
-
-
-
27 494
Employee
12 525
-
54 573
-
health
1 691
-
7 367
-
solidarity contribution
-
-
765
-
income
1 503
-
6 749
-
social contributions
814
-
2 214
-
total
4 008
-
17 095
-
Employer
12 525
-
54 573
-
health
1 127
-
4 912
-
social contributions
3 131
-
8 515
-
total
4 258
-
13 427
-
Corporate
51 216
68 000
-
-
income
9 731
12 920
-
-
total
9 731
12 920
-
-
Dividends
41 485
55 080
-
-
withholding
6 223
8 262
-
-
total
6 223
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 220
21 182
30 522
27 494
After tax
43 780
46 818
37 478
40 506
Living cost
8 517
8 517
8 517
8 517
Free-cash
35 263
38 301
28 961
31 989

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴60236
₴50725
₴63645
₴60925
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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
4 594
-
68 000
-
income
919
-
13 600
-
total
919
-
13 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

63 406
68 000
-
-
total
-
-
-
-
Dividends
63 406
68 000
-
-
withholding
3 170
3 400
-
-
total
3 170
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
4 089
3 400
13 600
680
After tax
63 911
64 600
54 400
67 320
Living cost
3 675
3 675
3 675
3 675
Free-cash
60 236
60 925
50 725
63 645

Estimated living cost  is ₴3675 per week

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

Additional information

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

Paris , France
₴21668
₴20592
₴22552
₴19576
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
-
-
-
68 000
income
-
-
-
12 628
other
-
-
-
2 108
health
-
-
-
3 325
social contributions
-
-
-
1 938
pensions
-
-
-
10 753
surtax
-
-
-
-
total
-
-
-
30 752
Employee
19 057
-
51 887
-
pensions
2 155
-
3 915
-
income
1 663
-
11 208
-
social contributions
543
-
1 478
-
surtax
-
-
-
-
total
4 361
-
16 601
-
Employer
19 057
-
51 887
-
health
1 334
-
5 164
-
social contributions
57
-
156
-
pensions
3 131
-
6 535
-
unemployment
772
-
2 101
-
other
658
-
2 155
-
total
5 952
-
16 111
-
Corporate
42 991
68 000
-
-
income
12 037
19 040
-
-
surtax
-
-
-
-
total
12 037
19 040
-
-
Dividends
30 954
48 960
-
-
social contributions
5 324
8 421
-
-
surtax
-
-
-
-
withholding
3 962
6 267
-
-
total
9 286
14 688
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 636
33 728
32 712
30 752
After tax
36 364
34 272
35 288
37 248
Living cost
14 696
14 696
14 696
14 696
Free-cash
21 668
19 576
20 592
22 552

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴42393
₴38546
₴38547
₴43884
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.

-
-
-
68 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
15 733
health
-
-
-
2 309
total
-
-
-
24 207
Employee

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

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

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

7 911
-
63 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
15 733
-
total
2 664
-
20 195
-
Employer

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

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

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

7 911
-
63 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
58 673
68 000
-
-
income
8 801
10 200
-
-
total
8 801
10 200
-
-
Dividends
49 872
57 800
-
-
withholding
7 481
8 670
-
-
total
7 481
8 670
-
-
Income
68 000
68 000
68 000
68 000
Total tax
20 361
18 870
24 208
24 207
After tax
47 639
49 130
43 792
43 793
Living cost
5 246
5 246
5 246
5 246
Free-cash
42 393
43 884
38 546
38 547

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴19257
₴30642
₴32690
₴10405
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
-
-
-
68 000
pensions
-
-
-
6 256
city
-
-
-
717
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.

-
-
-
1 360
health
-
-
-
153
regional
-
-
-
4 026
national
-
-
-
2 109
total
-
-
-
14 621
Employee
24 212
-
61 378
-
health
55
-
138
-
unemployment
-
-
-
-
city
260
-
666
-
pensions
2 034
-
4 581
-
regional
793
-
3 602
-
national
115
-
1 736
-
total
3 257
-
10 723
-
Employer
24 212
-
61 378
-
health
55
-
138
-
pensions
2 034
-
4 581
-
unemployment
-
-
-
-
other

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

484
-
1 227
-
total
2 573
-
5 946
-
Corporate
40 949
68 000
-
-
regional
8 661
14 382
-
-
national
3 480
5 780
-
-
total
12 141
20 162
-
-
Dividends
28 808
47 838
-
-
withholding
10 083
16 744
-
-
total
10 083
16 744
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 054
36 906
16 669
14 621
After tax
39 946
31 094
51 331
53 379
Living cost
20 689
20 689
20 689
20 689
Free-cash
19 257
10 405
30 642
32 690

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴30974
₴22295
₴30085
₴30033
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

-
-
-
68 000
municipal
-
-
-
12 074
health
-
-
-
920
national
-
-
-
13 239
total
-
-
-
26 233
Employee
16 008
-
57 205
-
health
120
-
754
-
unemployment
240
-
858
-
pensions
1 080
-
3 861
-
national
264
-
8 443
-
municipal
2 622
-
9 312
-
total
4 326
-
23 228
-
Employer
16 008
-
57 205
-
health
123
-
441
-
pensions
2 777
-
9 925
-
accident
16
-
57
-
unemployment
104
-
372
-
total
3 020
-
10 795
-
Corporate
48 971
68 000
-
-
income
9 794
13 600
-
-
total
9 794
13 600
-
-
Dividends

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

29 383
40 800
-
-
municipal
5 289
7 344
-
-
national
2 915
5 341
-
-
total
8 204
12 685
-
-
Income
68 000
68 000
68 000
68 000
Total tax
25 344
26 285
34 023
26 233
After tax
42 656
41 715
33 977
41 767
Living cost
11 682
11 682
11 682
11 682
Free-cash
30 974
30 033
22 295
30 085

Estimated living cost  is ₴11682 per week

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

Additional information

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

Brussels , Belgium
₴22343
₴12043
₴18479
₴26247
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
-
-
-
68 000
communal

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

-
-
-
3 625
social contributions
-
-
-
7 586
national
-
-
-
27 216
total
-
-
-
38 427
Employee

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

21 765
-
52 667
-
health

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

1 023
-
2 475
-
communal

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

1 135
-
2 747
-
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
-
458
-
pensions

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

1 632
-
3 950
-
national
6 691
-
19 900
-
total
10 670
-
29 530
-
Employer

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

21 765
-
52 667
-
health

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

1 338
-
3 239
-
pensions

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

1 929
-
4 667
-
surtax
2 468
-
5 973
-
accident

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

283
-
685
-
unemployment

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

318
-
769
-
total
6 336
-
15 333
-
Corporate
39 900
68 000
-
-
income
7 980
14 524
-
-
surtax
159
290
-
-
total
8 139
14 814
-
-
Dividends
31 761
53 186
-
-
withholding

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

9 418
15 845
-
-
total
9 418
15 845
-
-
Income
68 000
68 000
68 000
68 000
Total tax
34 563
30 659
44 863
38 427
After tax
33 437
37 341
23 137
29 573
Living cost
11 094
11 094
11 094
11 094
Free-cash
22 343
26 247
12 043
18 479

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴23639
₴20803
₴21123
₴23934
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
-
-
-
68 000
unemployment
-
-
-
29
municipal
-
-
-
17 779
other
-
-
-
3 360
health
-
-
-
1 804
national
-
-
-
7 527
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
33 683
Employee
18 801
-
58 914
-
national
-
-
7 350
-
municipal
5 606
-
17 568
-
total
5 606
-
24 918
-
Employer
18 801
-
58 914
-
health
1 156
-
1 778
-
pensions
2 032
-
3 126
-
accident
38
-
58
-
unemployment
496
-
763
-
other
2 185
-
3 360
-
total
5 907
-
9 085
-
Corporate
43 292
68 000
-
-
income
9 524
14 960
-
-
total
9 524
14 960
-
-
Dividends
33 768
53 040
-
-
withholding
10 130
15 912
-
-
total
10 130
15 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 167
30 872
34 003
33 683
After tax
36 833
37 128
33 997
34 317
Living cost
13 194
13 194
13 194
13 194
Free-cash
23 639
23 934
20 803
21 123

Estimated living cost  is ₴13194 per week

₴8745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2955
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
₴10506
₴48843
₴32312
₴26690
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
-
-
-
68 000
income
-
-
-
13 255
social contributions
-
-
-
7 752
total
-
-
-
21 007
Employee
21 051
-
-
-
income
4 643
-
-
-
social contributions
1 726
-
246
-
total
6 369
-
246
-
Employer
21 051
-
-
-
social contributions
29 682
-
4 230
-
total
29 682
-
4 230
-
Corporate
17 268
68 000
-
-
income
3 799
14 960
-
-
total
3 799
14 960
-
-
Dividends
13 469
53 040
-
-
income
2 963
11 669
-
-
total
2 963
11 669
-
-
Income
68 000
68 000
68 000
68 000
Total tax
42 813
26 629
4 476
21 007
After tax
25 187
41 371
63 524
46 993
Living cost
14 681
14 681
14 681
14 681
Free-cash
10 506
26 690
48 843
32 312

Estimated living cost  is ₴14681 per week

₴9526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3588
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
₴38429
₴35329
₴35888
₴39689
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
-
-
-
68 000
income
-
-
-
15 586
health
-
-
-
1 734
social contributions
-
-
-
4 923
total
-
-
-
22 243
Employee
23 397
23 397
64 193
-
health
233
398
1 091
-
income
2 457
2 166
15 285
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
18 995
-
Employer
23 397
23 397
64 193
-
health
253
433
1 188
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 807
-
Corporate
52 914
42 228
-
-
income
6 614
5 279
-
-
total
6 614
5 279
-
-
Dividends
46 300
36 950
-
-
withholding
7 871
6 282
-
-
total
7 871
6 282
-
-
Income
68 000
68 000
68 000
68 000
Total tax
19 702
18 442
22 802
22 243
After tax
48 298
49 558
45 198
45 757
Living cost
9 869
9 869
9 869
9 869
Free-cash
38 429
39 689
35 329
35 888

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴33583
₴26887
₴32952
₴31841
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
-
-
-
68 000
income
-
-
-
21 154
pensions
-
-
-
2 970
total
-
-
-
24 124
Employee
14 994
-
59 252
-
health
196
-
796
-
pensions
1 144
-
3 534
-
income
2 731
-
17 111
-
total
4 071
-
21 441
-
Employer
14 994
-
59 252
-
health
285
-
1 126
-
pensions
1 515
-
7 622
-
total
1 800
-
8 748
-
Corporate
51 206
68 000
-
-
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.

9 729
12 920
-
-
total
9 729
12 920
-
-
Dividends
41 477
55 080
-
-
withholding
7 893
12 315
-
-
total
7 893
12 315
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 493
25 235
30 189
24 124
After tax
44 507
42 765
37 811
43 876
Living cost
10 924
10 924
10 924
10 924
Free-cash
33 583
31 841
26 887
32 952

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴22313
₴17273
₴19771
₴23697
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
-
-
-
68 000
municipal
-
-
-
475
regional
-
-
-
1 656
social contributions
-
-
-
15 229
national
-
-
-
18 748
total
-
-
-
36 108
Employee
25 640
-
68 000
-
social contributions
8 646
-
19 965
-
regional
387
-
1 498
-
national
4 333
-
16 711
-
municipal
153
-
432
-
total
13 519
-
38 606
-
Employer
25 640
-
68 000
-
total
-
-
-
-
Corporate
42 360
68 000
-
-
nationa
10 166
16 320
-
-
municipal
2 042
3 277
-
-
total
12 208
19 597
-
-
Dividends
30 152
48 403
-
-
withholding
7 839
12 585
-
-
total
7 839
12 585
-
-
Income
68 000
68 000
68 000
68 000
Total tax
33 566
32 182
38 606
36 108
After tax
34 434
35 818
29 394
31 892
Living cost
12 121
12 121
12 121
12 121
Free-cash
22 313
23 697
17 273
19 771

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4510
₴30998
₴39928
-₴992
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
-
-
-
68 000
pensions
-
-
-
1 229
income
-
-
-
19 515
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
21 572
Employee
10 225
-
62 183
-
health
1 171
-
7 120
-
pensions
1 151
-
2 254
-
income
1 403
-
15 312
-
total
3 725
-
24 686
-
Employer
10 225
-
62 183
-
pensions
1 663
-
3 255
-
accident
171
-
1 038
-
unemployment
251
-
1 523
-
total
2 085
-
5 816
-
Corporate
55 691
68 000
-
-
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.

50 122
61 200
-
-
total
50 122
61 200
-
-
Dividends
5 569
6 800
-
-
withholding
1 058
1 292
-
-
total
1 058
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
56 990
62 492
30 502
21 572
After tax
11 010
5 508
37 498
46 428
Living cost
6 500
6 500
6 500
6 500
Free-cash
4 510
-992
30 998
39 928

Estimated living cost  is ₴6500 per week

₴4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴27206
₴30313
₴22585
₴23226
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.

-
-
-
68 000
trade
-
-
-
7 728
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.

-
-
-
22 617
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 244
total
-
-
-
33 668
Employee

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

15 139
-
68 000
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
22 617
-
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
-
1 244
-
total
3 393
-
25 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 861
68 000
-
-
income
7 929
10 200
-
-
trade
7 585
9 758
-
-
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.

436
561
-
-
chamber of commerce
124
146
-
-
total
16 074
20 665
-
-
Dividends
36 787
47 335
-
-
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.

499
644
-
-
withholding
9 081
11 718
-
-
total
9 580
12 362
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 047
33 027
25 940
33 668
After tax
38 953
34 973
42 060
34 332
Living cost
11 747
11 747
11 747
11 747
Free-cash
27 206
23 226
30 313
22 585

Estimated living cost  is ₴11747 per week

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

Additional information

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

Riga , Latvia
₴45574
₴23210
₴18373
₴48070
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.

-
-
-
68 000
income
-
-
-
14 299
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
17 340
total
-
-
-
43 297
Employee
8 891
-
53 392
-
income
1 583
-
12 120
-
social contributions

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

978
-
3 989
-
surtax
-
-
7 742
-
total
2 561
-
23 851
-
Employer
8 891
-
53 392
-
social contributions

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

2 142
-
8 736
-
surtax
-
-
5 873
-
total
2 142
-
14 609
-
Corporate
56 967
68 000
-
-
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%.

11 393
13 600
-
-
total
11 393
13 600
-
-
Dividends

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

45 574
54 400
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
16 096
13 600
38 460
43 297
After tax
51 904
54 400
29 540
24 703
Living cost
6 330
6 330
6 330
6 330
Free-cash
45 574
48 070
23 210
18 373

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴38027
₴37925
₴38196
₴38649
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
-
-
-
68 000
income
-
-
-
21 262
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
26 021
Employee
5 761
-
64 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
21 117
-
total
1 980
-
23 187
-
Employer
5 761
-
64 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
60 942
68 000
-
-
income
13 407
14 960
-
-
total
13 407
14 960
-
-
Dividends
47 535
53 040
-
-
withholding
9 507
10 608
-
-
total
9 507
10 608
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 190
25 568
26 292
26 021
After tax
41 810
42 432
41 708
41 979
Living cost
3 783
3 783
3 783
3 783
Free-cash
38 027
38 649
37 925
38 196

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴34970
₴23294
₴25154
₴35938
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
-
-
-
68 000
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
21 344
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 594
total
-
-
-
36 012
Employee
10 247
-
59 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
19 524
-
other
-
-
-
-
surtax
36
-
3 230
-
total
3 413
-
29 324
-
Employer
10 247
-
59 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
55 596
68 000
-
-
income
14 455
17 680
-
-
total
14 455
17 680
-
-
Dividends
41 141
50 320
-
-
withholding
6 171
7 548
-
-
total
6 171
7 548
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 196
25 228
37 872
36 012
After tax
41 804
42 772
30 128
31 988
Living cost
6 834
6 834
6 834
6 834
Free-cash
34 970
35 938
23 294
25 154

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴27662
₴8140
₴25196
₴27813
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
-
-
-
68 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
272
unemployment
-
-
-
1 866
income