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
₴ 69000
per

Your estimated
City
free-cash

Dresden , Germany
₴30002
₴19384
₴22870
₴25026
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.

-
-
-
69 000
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.

-
-
-
3 485
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.

-
-
-
19 015
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.

-
-
-
1 046
trade
-
-
-
7 132
total
-
-
-
30 678
Employee

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

19 512
-
69 000
-
surtax

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

30
-
1 046
-
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.

545
-
19 015
-
health

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

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

3 485
-
3 485
-
total
4 060
-
23 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 488
69 000
-
-
chamber of commerce
148
176
-
-
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.

409
569
-
-
trade
7 794
10 868
-
-
income
7 423
10 350
-
-
total
15 774
21 963
-
-
Dividends
33 714
47 037
-
-
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.

453
636
-
-
withholding
8 235
11 565
-
-
total
8 688
12 201
-
-
Income
69 000
69 000
69 000
69 000
Total tax
28 522
34 164
23 546
30 678
After tax
40 478
34 836
45 454
38 322
Living cost
15 452
15 452
15 452
15 452
Free-cash
25 026
19 384
30 002
22 870

Estimated living cost  is ₴15452 per week

₴9720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴14896
₴16270
₴14355
₴15825
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
-
-
-
69 000
social contributions
-
-
-
742
pensions
-
-
-
8 280
national
-
-
-
11 449
municipal
-
-
-
7 388
total
-
-
-
27 859
Employee
41 523
-
59 650
-
municipal
5 129
-
7 656
-
national
7 947
-
11 863
-
pensions
1 661
-
2 386
-
total
14 737
-
21 905
-
Employer
41 523
-
59 650
-
pensions
3 322
-
4 772
-
social contributions
446
-
641
-
total
3 768
-
5 413
-
Corporate
20 968
69 000
-
-
income

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

4 194
13 800
-
-
total
4 194
13 800
-
-
Dividends
16 775
55 200
-
-
withholding
3 690
12 144
-
-
total
3 690
12 144
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 389
25 944
27 318
27 859
After tax
42 611
43 056
41 682
41 141
Living cost
26 786
26 786
26 786
26 786
Free-cash
15 825
16 270
14 896
14 355

Estimated living cost  is ₴26786 per week

₴18206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
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.
₴5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴28074
₴44587
₴10453
₴40402
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.

-
-
-
69 000
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.

-
-
-
19 546
income
-
-
-
10 793
surtax
-
-
-
17 595
microenterprise
-
-
-
-
total
-
-
-
47 934
Employee
14 907
-
55 604
-
surtax
-
-
-
-
social contributions

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

1 640
-
6 116
-
income
2 654
-
10 801
-
total
4 294
-
16 917
-
Employer
14 907
-
55 604
-
surtax
-
-
-
-
social contributions

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

3 591
-
13 396
-
total
3 591
-
13 396
-
Corporate
50 503
69 000
-
-
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%.

10 100
13 800
-
-
total
10 100
13 800
-
-
Dividends

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

40 402
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
17 985
13 800
30 313
47 934
After tax
51 015
55 200
38 687
21 066
Living cost
10 613
10 613
10 613
10 613
Free-cash
40 402
44 587
28 074
10 453

Estimated living cost  is ₴10613 per week

₴6771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴18749
₴12479
₴18174
₴9354
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
-
-
-
69 000
health
-
-
-
6 291
income
-
-
-
17 187
pensions
-
-
-
5 977
total
-
-
-
29 455
Employee
43 564
43 564
59 519
-
income

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

7 131
7 131
7 131
-
pensions
7 842
5 977
5 977
-
health
6 687
5 688
6 291
-
total
21 660
18 796
19 399
-
Employer
43 564
43 564
59 519
-
unemployment
1 568
1 568
1 949
-
health
3 028
3 028
3 763
-
pensions
3 032
3 032
3 769
-
total
7 628
7 628
9 481
-
Corporate
18 341
17 807
-
-
income
3 668
3 562
-
-
total
3 668
3 562
-
-
Dividends
14 673
14 245
-
-
income
3 118
3 027
-
-
withholding
2 201
2 137
-
-
total
5 319
5 164
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 275
35 150
28 880
29 455
After tax
30 725
33 850
40 120
39 545
Living cost
21 371
21 371
21 371
21 371
Free-cash
9 354
12 479
18 749
18 174

Estimated living cost  is ₴21371 per week

₴15145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴3960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴15048
₴16661
₴15614
₴16190
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
-
-
-
69 000
other
-
-
-
5 351
health
-
-
-
2 874
accident
-
-
-
92
pensions
-
-
-
4 978
national
-
-
-
2 435
unemployment
-
-
-
46
municipal
-
-
-
16 597
total
-
-
-
32 373
Employee
29 942
-
54 530
-
municipal
8 929
-
16 261
-
national
-
-
2 209
-
total
8 929
-
18 470
-
Employer
29 942
-
54 530
-
other
3 479
-
5 351
-
unemployment
790
-
1 216
-
health
1 841
-
2 832
-
accident
60
-
92
-
pensions
3 237
-
4 978
-
total
9 407
-
14 469
-
Corporate
29 650
69 000
-
-
income
6 523
15 180
-
-
total
6 523
15 180
-
-
Dividends
23 127
53 820
-
-
withholding
6 938
16 146
-
-
total
6 938
16 146
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 797
31 326
32 939
32 373
After tax
37 203
37 674
36 061
36 627
Living cost
21 013
21 013
21 013
21 013
Free-cash
16 190
16 661
15 048
15 614

Estimated living cost  is ₴21013 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴25413
₴14440
₴17964
₴21607
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.

-
-
-
69 000
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.

-
-
-
3 485
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.

-
-
-
19 015
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.

-
-
-
1 046
trade
-
-
-
7 449
total
-
-
-
30 995
Employee

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

25 871
-
69 000
-
surtax

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

122
-
1 046
-
income

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

2 223
-
19 015
-
health

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

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

3 485
-
3 485
-
total
5 830
-
23 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 129
69 000
-
-
chamber of commerce
138
175
-
-
surtax

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

356
569
-
-
trade
7 095
11 351
-
-
income
6 470
10 350
-
-
total
14 059
22 445
-
-
Dividends
29 070
46 555
-
-
surtax

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

389
629
-
-
withholding
7 074
11 445
-
-
total
7 463
12 074
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 352
34 519
23 546
30 995
After tax
41 648
34 481
45 454
38 005
Living cost
20 041
20 041
20 041
20 041
Free-cash
21 607
14 440
25 413
17 964

Estimated living cost  is ₴20041 per week

₴13403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴30991
₴33856
₴31659
₴31742
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
-
-
-
69 000
social contributions
-
-
-
8 254
health
-
-
-
1 759
income
-
-
-
10 781
total
-
-
-
20 794
Employee
39 228
39 228
63 435
-
social contributions
1 906
3 256
4 391
-
income
4 119
3 631
10 429
-
health
390
667
1 078
-
total
6 415
7 554
15 898
-
Employer
39 228
39 228
63 435
-
health
425
726
1 173
-
social contributions
1 906
3 256
4 391
-
total
2 331
3 982
5 564
-
Corporate
43 707
25 790
-
-
income
5 463
3 224
-
-
total
5 463
3 224
-
-
Dividends
38 244
22 567
-
-
withholding
6 502
3 837
-
-
total
6 502
3 837
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 711
18 597
21 462
20 794
After tax
48 289
50 403
47 538
48 206
Living cost
16 547
16 547
16 547
16 547
Free-cash
31 742
33 856
30 991
31 659

Estimated living cost  is ₴16547 per week

₴11311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴30512
₴29320
₴38312
₴29519
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
-
-
-
69 000
health
-
-
-
4 830
income
-
-
-
8 435
pensions
-
-
-
6 900
unemployment
-
-
-
1 035
total
-
-
-
21 200
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

13 696
5 451
57 741
-
income
1 674
666
7 059
-
pensions
1 370
545
5 774
-
health
959
382
4 042
-
unemployment
205
82
866
-
total
4 208
1 675
17 741
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

13 696
5 451
57 741
-
pensions
2 671
1 063
11 259
-
total
2 671
1 063
11 259
-
Corporate
52 633
62 486
-
-
income
4 737
5 624
-
-
total
4 737
5 624
-
-
Dividends
47 896
56 863
-
-
social contributions
9 277
11 026
-
-
withholding
9 100
10 804
-
-
total
18 377
21 830
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 993
30 192
29 000
21 200
After tax
39 007
38 808
40 000
47 800
Living cost
9 488
9 488
9 488
9 488
Free-cash
29 519
29 320
30 512
38 312

Estimated living cost  is ₴9488 per week

₴6475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴27450
₴42878
₴24662
₴39710
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
-
-
-
69 000
health
-
-
-
8 970
income
-
-
-
9 246
pensions
-
-
-
13 800
total
-
-
-
32 016
Employee
14 472
-
51 569
-
income
1 629
-
9 942
-
pensions
289
-
1 031
-
unemployment
231
-
825
-
total
2 149
-
11 798
-
Employer
14 472
-
51 569
-
unemployment
116
-
412
-
health
1 881
-
6 704
-
pensions
2 895
-
10 314
-
total
4 892
-
17 430
-
Corporate
49 636
69 000
-
-
income
9 927
13 800
-
-
total
9 927
13 800
-
-
Dividends
39 709
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
16 968
13 800
29 228
32 016
After tax
52 032
55 200
39 772
36 984
Living cost
12 322
12 322
12 322
12 322
Free-cash
39 710
42 878
27 450
24 662

Estimated living cost  is ₴12322 per week

₴8452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴25428
-₴5708
₴35948
₴3855
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
-
-
-
69 000
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
18 178
pensions
-
-
-
2 137
total
-
-
-
21 755
Employee
17 770
-
60 836
-
income
2 438
-
13 227
-
pensions
2 001
-
3 918
-
health
2 035
-
6 966
-
total
6 474
-
24 111
-
Employer
17 770
-
60 836
-
unemployment
435
-
1 491
-
accident
297
-
1 016
-
pensions
2 890
-
5 657
-
total
3 622
-
8 164
-
Corporate
47 608
69 000
-
-
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.

42 847
62 100
-
-
total
42 847
62 100
-
-
Dividends
4 761
6 900
-
-
withholding
905
1 311
-
-
total
905
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 848
63 411
32 275
21 755
After tax
15 152
5 589
36 725
47 245
Living cost
11 297
11 297
11 297
11 297
Free-cash
3 855
-5 708
25 428
35 948

Estimated living cost  is ₴11297 per week

₴8280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴50942
₴61292
₴64052
₴60494
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%.

-
-
-
69 000
microenterprise

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

-
-
-
690
total
-
-
-
690
Employee
5 323
-
69 000
-
income
1 064
-
13 800
-
total
1 064
-
13 800
-
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%.

63 677
69 000
-
-
total
-
-
-
-
Dividends
63 677
69 000
-
-
withholding
3 184
3 450
-
-
total
3 184
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 248
3 450
13 800
690
After tax
64 752
65 550
55 200
68 310
Living cost
4 258
4 258
4 258
4 258
Free-cash
60 494
61 292
50 942
64 052

Estimated living cost  is ₴4258 per week

₴2639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴26014
₴37102
₴23161
₴33657
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
-
-
-
69 000
other
-
-
-
3 278
health
-
-
-
3 036
income
-
-
-
9 373
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.

-
-
-
16 559
total
-
-
-
32 246
Employee
18 523
-
55 113
-
income
3 189
-
10 325
-
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.

1 296
-
3 858
-
health
259
-
772
-
unemployment
185
-
551
-
total
4 929
-
15 506
-
Employer
18 523
-
55 113
-
other
926
-
2 755
-
unemployment
185
-
551
-
health
259
-
772
-
accident
148
-
440
-
pensions

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

3 149
-
9 369
-
total
4 667
-
13 887
-
Corporate
45 809
69 000
-
-
income
9 620
14 490
-
-
total
9 620
14 490
-
-
Dividends
36 189
54 510
-
-
withholding
2 534
3 815
-
-
total
2 534
3 815
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 750
18 305
29 393
32 246
After tax
47 250
50 695
39 607
36 754
Living cost
13 593
13 593
13 593
13 593
Free-cash
33 657
37 102
26 014
23 161

Estimated living cost  is ₴13593 per week

₴9605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴7154
₴13570
₴13510
₴11031
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
-
-
-
69 000
income
-
-
-
17 611
pensions
-
-
-
4 141
total
-
-
-
21 752
Employee
47 734
-
60 459
-
income
8 605
-
13 374
-
health
787
-
953
-
pensions
4 605
-
5 240
-
total
13 997
-
19 567
-
Employer
47 734
-
60 459
-
health
907
-
1 149
-
pensions
5 636
-
7 392
-
total
6 543
-
8 541
-
Corporate
14 723
69 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

2 797
13 110
-
-
total
2 797
13 110
-
-
Dividends
11 926
55 890
-
-
withholding
894
8 582
-
-
total
894
8 582
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 231
21 692
28 108
21 752
After tax
44 769
47 308
40 892
47 248
Living cost
33 738
33 738
33 738
33 738
Free-cash
11 031
13 570
7 154
13 510

Estimated living cost  is ₴33738 per week

₴25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴49769
₴52352
₴47282
₴49997
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
-
-
-
69 000
health
-
-
-
2 035
income
-
-
-
10 350
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
15 075
Employee
8 797
-
65 528
-
income
880
-
6 553
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

772
-
1 554
-
health
405
-
814
-
total
2 154
-
9 116
-
Employer
8 797
-
65 528
-
unemployment
53
-
106
-
health
607
-
1 221
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

969
-
1 950
-
total
1 726
-
3 472
-
Corporate
58 477
69 000
-
-
income
5 848
6 900
-
-
total
5 848
6 900
-
-
Dividends
52 629
62 100
-
-
withholding
2 632
3 105
-
-
total
2 632
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 360
10 005
12 588
15 075
After tax
56 640
58 995
56 412
53 925
Living cost
6 643
6 643
6 643
6 643
Free-cash
49 997
52 352
49 769
47 282

Estimated living cost  is ₴6643 per week

₴3878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴11832
₴5562
₴11257
₴6843
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
-
-
-
69 000
health
-
-
-
6 291
income
-
-
-
17 187
pensions
-
-
-
5 977
total
-
-
-
29 455
Employee
47 297
43 564
59 519
-
income

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

7 131
7 131
7 131
-
pensions
5 977
5 977
5 977
-
health
5 901
5 688
6 291
-
total
19 009
18 796
19 399
-
Employer
47 297
43 564
59 519
-
unemployment
1 703
1 568
1 949
-
health
3 287
3 028
3 763
-
pensions
3 292
3 032
3 769
-
total
8 282
7 628
9 481
-
Corporate
13 422
17 807
-
-
income
2 685
3 562
-
-
total
2 685
3 562
-
-
Dividends
10 737
14 245
-
-
income
2 282
3 027
-
-
withholding
1 611
2 137
-
-
total
3 893
5 164
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 869
35 150
28 880
29 455
After tax
35 131
33 850
40 120
39 545
Living cost
28 288
28 288
28 288
28 288
Free-cash
6 843
5 562
11 832
11 257

Estimated living cost  is ₴28288 per week

₴20867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴22443
₴34933
₴22781
₴30448
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
-
-
-
69 000
social contributions
-
-
-
18 092
health
-
-
-
9 315
income
-
-
-
6 239
solidarity contribution
-
-
-
-
total
-
-
-
33 646
Employee
18 489
-
51 493
-
social contributions
1 202
-
3 347
-
solidarity contribution
-
-
-
-
income
2 219
-
6 179
-
health
2 496
-
6 951
-
total
5 917
-
16 477
-
Employer
18 489
-
51 493
-
health
1 664
-
4 634
-
social contributions
4 622
-
12 873
-
total
6 286
-
17 507
-
Corporate
44 224
69 000
-
-
income
8 403
13 110
-
-
total
8 403
13 110
-
-
Dividends
35 822
55 890
-
-
withholding
5 373
8 384
-
-
total
5 373
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 979
21 494
33 984
33 646
After tax
43 021
47 506
35 016
35 354
Living cost
12 573
12 573
12 573
12 573
Free-cash
30 448
34 933
22 443
22 781

Estimated living cost  is ₴12573 per week

₴8733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴9328
₴15288
₴12610
₴12624
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
-
-
-
69 000
social contributions
-
-
-
17 747
national
-
-
-
15 914
regional
-
-
-
793
municipal
-
-
-
410
total
-
-
-
34 864
Employee
45 339
-
69 000
-
social contributions
15 288
-
23 266
-
municipal
240
-
366
-
national
7 856
-
13 816
-
regional
428
-
698
-
total
23 812
-
38 146
-
Employer
45 339
-
69 000
-
total
-
-
-
-
Corporate
23 661
69 000
-
-
nationa
5 679
16 560
-
-
municipal
923
2 691
-
-
total
6 602
19 251
-
-
Dividends
17 060
49 748
-
-
withholding
4 436
12 935
-
-
total
4 436
12 935
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 850
32 186
38 146
34 864
After tax
34 150
36 814
30 854
34 136
Living cost
21 526
21 526
21 526
21 526
Free-cash
12 624
15 288
9 328
12 610

Estimated living cost  is ₴21526 per week

₴15006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴20222
₴32144
₴21483
₴30556
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
-
-
-
69 000
other
-
-
-
-
health
-
-
-
4 834
income
-
-
-
15 531
pensions
-
-
-
13 617
surtax
-
-
-
2 162
unemployment
-
-
-
116
total
-
-
-
36 260
Employee
16 870
-
57 001
-
surtax
55
-
1 962
-
income
2 828
-
14 337
-
other
-
-
-
-
pensions
1 125
-
3 802
-
health
431
-
1 454
-
unemployment
1 174
-
3 967
-
total
5 613
-
25 522
-
Employer
16 870
-
57 001
-
other
-
-
-
-
unemployment
534
-
1 806
-
health
768
-
2 594
-
pensions
2 249
-
7 599
-
total
3 551
-
11 999
-
Corporate
48 579
69 000
-
-
income
12 631
17 940
-
-
total
12 631
17 940
-
-
Dividends
35 948
51 060
-
-
withholding
5 392
7 659
-
-
total
5 392
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 187
25 599
37 521
36 260
After tax
41 813
43 401
31 479
32 740
Living cost
11 257
11 257
11 257
11 257
Free-cash
30 556
32 144
20 222
21 483

Estimated living cost  is ₴11257 per week

₴6883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴17843
₴24259
₴24199
₴24680
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
-
-
-
69 000
income
-
-
-
17 611
pensions
-
-
-
4 141
total
-
-
-
21 752
Employee
31 990
-
60 459
-
income
5 762
-
13 374
-
health
464
-
953
-
pensions
2 715
-
5 240
-
total
8 941
-
19 567
-
Employer
31 990
-
60 459
-
health
608
-
1 149
-
pensions
3 463
-
7 392
-
total
4 071
-
8 541
-
Corporate
32 939
69 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

6 258
13 110
-
-
total
6 258
13 110
-
-
Dividends
26 681
55 890
-
-
withholding
2 001
8 582
-
-
total
2 001
8 582
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 271
21 692
28 108
21 752
After tax
47 729
47 308
40 892
47 248
Living cost
23 049
23 049
23 049
23 049
Free-cash
24 680
24 259
17 843
24 199

Estimated living cost  is ₴23049 per week

₴17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₴12517
-₴9410
₴15912
₴8118
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
-
-
-
69 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 380
health
-
-
-
156
pensions
-
-
-
6 348
city
-
-
-
727
national
-
-
-
703
regional
-
-
-
2 812
total
-
-
-
12 126
Employee
47 937
-
61 759
-
national
227
-
551
-
city
514
-
664
-
pensions
4 027
-
5 188
-
health
108
-
139
-
regional
1 570
-
2 417
-
unemployment
-
-
-
-
total
6 446
-
8 959
-
Employer
47 937
-
61 759
-
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.

958
-
1 235
-
unemployment
-
-
-
-
health
108
-
139
-
pensions
4 027
-
5 188
-
total
5 093
-
6 562
-
Corporate
15 442
69 000
-
-
regional
3 266
14 593
-
-
national
1 313
5 865
-
-
total
4 579
20 458
-
-
Dividends
10 864
48 541
-
-
withholding
3 802
16 990
-
-
total
3 802
16 990
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 920
37 448
15 521
12 126
After tax
49 080
31 552
53 479
56 874
Living cost
40 962
40 962
40 962
40 962
Free-cash
8 118
-9 410
12 517
15 912

Estimated living cost  is ₴40962 per week

₴26637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴503
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.
₴10146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴22084
₴10757
₴14318
₴19028
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.

-
-
-
69 000
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.

-
-
-
3 485
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.

-
-
-
19 015
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.

-
-
-
1 046
trade
-
-
-
7 766
total
-
-
-
31 312
Employee

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

30 659
-
69 000
-
surtax

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

198
-
1 046
-
income

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

3 605
-
19 015
-
health

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

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

3 485
-
3 485
-
total
7 288
-
23 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 341
69 000
-
-
chamber of commerce
132
174
-
-
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.

317
569
-
-
trade
6 575
11 833
-
-
income
5 751
10 350
-
-
total
12 775
22 926
-
-
Dividends
25 566
46 073
-
-
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.

341
622
-
-
withholding
6 198
11 325
-
-
total
6 539
11 947
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 602
34 873
23 546
31 312
After tax
42 398
34 127
45 454
37 688
Living cost
23 370
23 370
23 370
23 370
Free-cash
19 028
10 757
22 084
14 318

Estimated living cost  is ₴23370 per week

₴17069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴22803
₴17322
₴21768
₴20334
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
-
-
-
69 000
other
-
-
-
2 139
social contributions
-
-
-
1 966
health
-
-
-
2 266
income
-
-
-
9 115
pensions
-
-
-
14 292
surtax
-
-
-
-
total
-
-
-
29 778
Employee
21 833
-
54 631
-
surtax
-
-
-
-
social contributions
622
-
1 557
-
income
1 289
-
9 529
-
pensions
2 469
-
3 289
-
total
4 380
-
14 375
-
Employer
21 833
-
54 631
-
other
753
-
1 913
-
unemployment
884
-
2 212
-
health
1 529
-
4 451
-
pensions
3 587
-
5 628
-
social contributions
66
-
164
-
total
6 819
-
14 368
-
Corporate
40 348
69 000
-
-
surtax
-
-
-
-
income
11 298
19 320
-
-
total
11 298
19 320
-
-
Dividends
29 050
49 680
-
-
social contributions
4 997
8 545
-
-
surtax
-
-
-
-
withholding
3 718
6 359
-
-
total
8 715
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 212
34 224
28 743
29 778
After tax
37 788
34 776
40 257
39 222
Living cost
17 454
17 454
17 454
17 454
Free-cash
20 334
17 322
22 803
21 768

Estimated living cost  is ₴17454 per week

₴11005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴24532
₴19051
₴23497
₴21887
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
-
-
-
69 000
other
-
-
-
2 139
social contributions
-
-
-
1 966
health
-
-
-
2 266
income
-
-
-
9 115
pensions
-
-
-
14 292
surtax
-
-
-
-
total
-
-
-
29 778
Employee
19 489
-
54 631
-
surtax
-
-
-
-
social contributions
556
-
1 557
-
income
1 005
-
9 529
-
pensions
2 204
-
3 289
-
total
3 765
-
14 375
-
Employer
19 489
-
54 631
-
other
673
-
1 913
-
unemployment
789
-
2 212
-
health
1 364
-
4 451
-
pensions
3 202
-
5 628
-
social contributions
58
-
164
-
total
6 086
-
14 368
-
Corporate
43 424
69 000
-
-
surtax
-
-
-
-
income
12 158
19 320
-
-
total
12 158
19 320
-
-
Dividends
31 266
49 680
-
-
social contributions
5 377
8 545
-
-
surtax
-
-
-
-
withholding
4 002
6 359
-
-
total
9 379
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 388
34 224
28 743
29 778
After tax
37 612
34 776
40 257
39 222
Living cost
15 725
15 725
15 725
15 725
Free-cash
21 887
19 051
24 532
23 497

Estimated living cost  is ₴15725 per week

₴9119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴32684
₴31279
₴33494
₴31544
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
-
-
-
69 000
social contributions
-
-
-
9 522
health
-
-
-
4 816
income
-
-
-
10 350
total
-
-
-
24 688
Employee
17 297
-
69 000
-
social contributions
2 387
-
9 522
-
income
2 885
-
11 160
-
health
1 207
-
4 816
-
total
6 479
-
25 498
-
Employer
17 297
-
69 000
-
total
-
-
-
-
Corporate
51 703
69 000
-
-
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%.

2 585
3 450
-
-
total
2 585
3 450
-
-
Dividends
49 118
65 550
-
-
social contributions
6 779
9 046
-
-
withholding
7 368
9 832
-
-
health
3 428
4 575
-
-
total
17 575
23 453
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 639
26 903
25 498
24 688
After tax
42 361
42 097
43 502
44 312
Living cost
10 818
10 818
10 818
10 818
Free-cash
31 544
31 279
32 684
33 494

Estimated living cost  is ₴10818 per week

₴7239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴644
₴20401
₴16912
₴19611
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
-
-
-
69 000
health
-
-
-
4 559
income
-
-
-
15 021
chamber of commerce
-
-
-
276
pensions
-
-
-
11 026
surtax
-
-
-
101
unemployment
-
-
-
3 129
total
-
-
-
34 112
Employee
25 495
20 330
53 502
-
income
2 902
1 500
12 302
-
other
255
203
535
-
pensions
2 611
2 081
5 478
-
health
986
787
2 071
-
unemployment
765
610
1 605
-
total
7 519
5 181
21 991
-
Employer
25 495
20 330
53 502
-
other
1 211
965
2 541
-
unemployment
765
610
1 605
-
health
963
769
2 022
-
surtax
101
101
101
-
accident
331
264
695
-
pensions
3 200
2 552
6 715
-
payroll
765
610
1 605
-
chamber of commerce
102
81
214
-
total
7 438
5 952
15 498
-
Corporate
36 068
42 718
51 566
-
income

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

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

9 017
10 679
12 891
-
total
9 017
10 679
12 891
-
Dividends
27 051
32 039
-
-
withholding
7 439
8 811
-
-
total
7 439
8 811
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 413
30 623
50 380
34 112
After tax
37 587
38 377
18 620
34 888
Living cost
17 976
17 976
17 976
17 976
Free-cash
19 611
20 401
644
16 912

Estimated living cost  is ₴17976 per week

₴11989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴6857
₴20032
₴11984
₴12380
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
-
-
-
69 000
social contributions
-
-
-
10 890
communal

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

-
-
-
3 486
national
-
-
-
24 039
total
-
-
-
38 415
Employee

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

36 491
-
53 443
-
national
11 219
-
18 213
-
pensions

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

2 737
-
4 008
-
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.

1 715
-
2 512
-
communal

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

1 903
-
2 787
-
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
-
465
-
total
17 892
-
27 985
-
Employer

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

36 491
-
53 443
-
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.

532
-
780
-
health

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

2 244
-
3 287
-
surtax
4 138
-
6 060
-
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.

474
-
695
-
pensions

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

3 233
-
4 735
-
total
10 621
-
15 557
-
Corporate
21 887
69 000
-
-
surtax
87
276
-
-
income
4 378
13 800
-
-
total
4 465
14 076
-
-
Dividends
17 422
54 924
-
-
withholding

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

5 041
16 291
-
-
total
5 041
16 291
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 019
30 367
43 542
38 415
After tax
30 981
38 633
25 458
30 585
Living cost
18 601
18 601
18 601
18 601
Free-cash
12 380
20 032
6 857
11 984

Estimated living cost  is ₴18601 per week

₴11981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴17819
₴27821
₴20271
₴23962
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
-
-
-
69 000
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
16 120
pensions
-
-
-
13 381
unemployment
-
-
-
331
total
-
-
-
30 305
Employee
25 394
-
53 926
-
income
5 358
-
14 680
-
other
25
-
47
-
pensions
1 194
-
2 223
-
unemployment
394
-
733
-
total
6 971
-
17 683
-
Employer
25 394
-
53 926
-
other
202
-
379
-
unemployment
1 397
-
2 600
-
accident
502
-
936
-
pensions
5 993
-
11 159
-
total
8 094
-
15 074
-
Corporate
35 512
69 000
-
-
income

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

5 326
10 350
-
-
total
5 326
10 350
-
-
Dividends
30 185
58 650
-
-
withholding
6 223
12 405
-
-
total
6 223
12 405
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 614
22 755
32 757
30 305
After tax
42 386
46 245
36 243
38 695
Living cost
18 424
18 424
18 424
18 424
Free-cash
23 962
27 821
17 819
20 271

Estimated living cost  is ₴18424 per week

₴13567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴11475
₴13676
₴8729
₴8349
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
-
-
-
69 000
health
-
-
-
4 848
accident
-
-
-
582
income
-
-
-
8 996
pensions
-
-
-
10 342
communal
-
-
-
4 360
surtax
-
-
-
3 420
total
-
-
-
32 548
Employee
38 633
-
61 635
-
surtax
2 368
-
3 778
-
income
3 732
-
10 984
-
pensions
3 090
-
4 931
-
health
1 719
-
2 743
-
total
10 909
-
22 436
-
Employer
38 633
-
61 635
-
health
1 178
-
1 880
-
accident
348
-
555
-
pensions
3 090
-
4 931
-
total
4 616
-
7 366
-
Corporate
25 751
69 000
-
-
surtax
270
724
-
-
income
3 863
10 350
-
-
communal
1 738
4 658
-
-
total
5 871
15 732
-
-
Dividends
19 881
53 268
-
-
income
8 550
3 878
-
-
withholding
2 982
7 991
-
-
total
11 532
11 869
-
-
Income
69 000
69 000
69 000
69 000
Total tax
32 928
27 601
29 802
32 548
After tax
36 072
41 399
39 198
36 452
Living cost
27 723
27 723
27 723
27 723
Free-cash
8 349
13 676
11 475
8 729

Estimated living cost  is ₴27723 per week

₴20797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴20021
₴31943
₴21282
₴30319
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
-
-
-
69 000
other
-
-
-
-
health
-
-
-
4 834
income
-
-
-
15 531
pensions
-
-
-
13 617
surtax
-
-
-
2 162
unemployment
-
-
-
116
total
-
-
-
36 260
Employee
17 180
-
57 001
-
surtax
61
-
1 962
-
income
2 880
-
14 337
-
other
-
-
-
-
pensions
1 146
-
3 802
-
health
439
-
1 454
-
unemployment
1 196
-
3 967
-
total
5 722
-
25 522
-
Employer
17 180
-
57 001
-
other
-
-
-
-
unemployment
545
-
1 806
-
health
781
-
2 594
-
pensions
2 291
-
7 599
-
total
3 617
-
11 999
-
Corporate
48 203
69 000
-
-
income
12 533
17 940
-
-
total
12 533
17 940
-
-
Dividends
35 670
51 060
-
-
withholding
5 351
7 659
-
-
total
5 351
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 223
25 599
37 521
36 260
After tax
41 777
43 401
31 479
32 740
Living cost
11 458
11 458
11 458
11 458
Free-cash
30 319
31 943
20 021
21 282

Estimated living cost  is ₴11458 per week

₴6918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴16881
₴22526
₴20147
₴21394
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
-
-
-
69 000
social contributions
-
-
-
17 747
national
-
-
-
15 914
regional
-
-
-
1 040
municipal
-
-
-
410
total
-
-
-
35 111
Employee
28 299
-
69 000
-
social contributions
9 543
-
23 266
-
municipal
150
-
366
-
national
4 483
-
13 816
-
regional
381
-
929
-
total
14 557
-
38 377
-
Employer
28 299
-
69 000
-
total
-
-
-
-
Corporate
40 701
69 000
-
-
nationa
9 768
16 560
-
-
municipal
2 023
3 429
-
-
total
11 791
19 989
-
-
Dividends
28 910
49 011
-
-
withholding
7 516
12 743
-
-
total
7 516
12 743
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 864
32 732
38 377
35 111
After tax
35 136
36 268
30 623
33 889
Living cost
13 742
13 742
13 742
13 742
Free-cash
21 394
22 526
16 881
20 147

Estimated living cost  is ₴13742 per week

₴8546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴19523
₴32013
₴19861
₴26486
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
-
-
-
69 000
social contributions
-
-
-
18 092
health
-
-
-
9 315
income
-
-
-
6 239
solidarity contribution
-
-
-
-
total
-
-
-
33 646
Employee
22 784
-
51 493
-
social contributions
1 481
-
3 347
-
solidarity contribution
-
-
-
-
income
2 734
-
6 179
-
health
3 076
-
6 951
-
total
7 291
-
16 477
-
Employer
22 784
-
51 493
-
health
2 051
-
4 634
-
social contributions
5 696
-
12 873
-
total
7 747
-
17 507
-
Corporate
38 470
69 000
-
-
income
7 309
13 110
-
-
total
7 309
13 110
-
-
Dividends
31 161
55 890
-
-
withholding
4 674
8 384
-
-
total
4 674
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 021
21 494
33 984
33 646
After tax
41 979
47 506
35 016
35 354
Living cost
15 493
15 493
15 493
15 493
Free-cash
26 486
32 013
19 523
19 861

Estimated living cost  is ₴15493 per week

₴11521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴2364
₴22157
₴18713
₴21903
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
-
-
-
69 000
health
-
-
-
4 559
income
-
-
-
15 021
chamber of commerce
-
-
-
276
pensions
-
-
-
11 026
surtax
-
-
-
-
unemployment
-
-
-
3 129
total
-
-
-
34 011
Employee
22 300
20 330
53 580
-
income
1 987
1 500
12 330
-
other
223
203
535
-
pensions
2 284
2 081
5 486
-
health
863
787
2 074
-
unemployment
669
610
1 607
-
total
6 026
5 181
22 032
-
Employer
22 300
20 330
53 580
-
other
1 059
965
2 544
-
unemployment
669
610
1 607
-
health
843
769
2 025
-
surtax
-
-
-
-
accident
289
264
696
-
pensions
2 799
2 552
6 724
-
payroll
669
610
1 607
-
chamber of commerce
89
81
214
-
total
6 417
5 851
15 417
-
Corporate
40 282
42 819
51 646
-
income

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

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

10 070
10 704
12 912
-
total
10 070
10 704
12 912
-
Dividends
30 212
32 114
-
-
withholding
8 308
8 831
-
-
total
8 308
8 831
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 821
30 567
50 361
34 011
After tax
38 179
38 433
18 639
34 989
Living cost
16 276
16 276
16 276
16 276
Free-cash
21 903
22 157
2 364
18 713

Estimated living cost  is ₴16276 per week

₴9763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴48564
₴58914
₴61674
₴57670
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%.

-
-
-
69 000
microenterprise

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

-
-
-
690
total
-
-
-
690
Employee
8 295
-
69 000
-
income
1 659
-
13 800
-
total
1 659
-
13 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

60 705
69 000
-
-
total
-
-
-
-
Dividends
60 705
69 000
-
-
withholding
3 035
3 450
-
-
total
3 035
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 694
3 450
13 800
690
After tax
64 306
65 550
55 200
68 310
Living cost
6 636
6 636
6 636
6 636
Free-cash
57 670
58 914
48 564
61 674

Estimated living cost  is ₴6636 per week

₴4491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴19248
₴33823
₴21075
₴29557
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.

-
-
-
69 000
health
-
-
-
6 789
income
-
-
-
14 748
pensions
-
-
-
12 601
unemployment
-
-
-
104
total
-
-
-
34 242
Employee

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

22 559
-
59 703
-
income
3 890
-
13 578
-
pensions
3 497
-
9 254
-
health
1 457
-
3 857
-
unemployment
32
-
83
-
total
8 876
-
26 772
-
Employer

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

22 559
-
59 703
-
unemployment
14
-
36
-
health
1 502
-
3 977
-
pensions
1 996
-
5 284
-
total
3 512
-
9 297
-
Corporate
42 929
69 000
-
-
income
8 156
13 110
-
-
total
8 156
13 110
-
-
Dividends
34 773
55 890
-
-
withholding
5 216
8 384
-
-
total
5 216
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 760
21 494
36 069
34 242
After tax
43 240
47 506
32 931
34 758
Living cost
13 683
13 683
13 683
13 683
Free-cash
29 557
33 823
19 248
21 075

Estimated living cost  is ₴13683 per week

₴9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴38992
₴18983
₴24687
-₴10467
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
-
-
-
69 000
social contributions
-
-
-
7 866
income
-
-
-
13 450
total
-
-
-
21 316
Employee
32 974
-
-
-
social contributions
2 704
-
385
-
income
7 273
-
-
-
total
9 977
-
385
-
Employer
32 974
-
-
-
social contributions
46 493
-
6 626
-
total
46 493
-
6 626
-
Corporate
-
69 000
-
-
income
-
15 180
-
-
total
-
15 180
-
-
Dividends
-
53 820
-
-
income
-
11 840
-
-
total
-
11 840
-
-
Income
69 000
69 000
69 000
69 000
Total tax
56 470
27 020
7 011
21 316
After tax
12 530
41 980
61 989
47 684
Living cost
22 997
22 997
22 997
22 997
Free-cash
-10 467
18 983
38 992
24 687

Estimated living cost  is ₴22997 per week

₴14921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴17057
₴23245
₴21657
₴22732
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.

-
-
-
69 000
social contributions

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

-
-
-
23 978
income
-
-
-
7 363
surtax
-
-
-
-
total
-
-
-
31 341
Employee
23 463
-
55 757
-
surtax
-
-
-
-
social contributions
2 581
-
6 133
-
income
4 880
-
16 565
-
total
7 461
-
22 698
-
Employer
23 463
-
55 757
-
social contributions
5 572
-
13 243
-
total
5 572
-
13 243
-
Corporate
39 965
69 000
-
-
surtax
-
-
-
-
income
8 392
14 490
-
-
total
8 392
14 490
-
-
Dividends
31 572
54 510
-
-
withholding
8 841
15 263
-
-
total
8 841
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 266
29 753
35 941
31 341
After tax
38 734
39 247
33 059
37 659
Living cost
16 002
16 002
16 002
16 002
Free-cash
22 732
23 245
17 057
21 657

Estimated living cost  is ₴16002 per week

₴11972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴15618
₴10137
₴14583
₴13643
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
-
-
-
69 000
other
-
-
-
2 139
social contributions
-
-
-
1 966
health
-
-
-
2 266
income
-
-
-
9 115
pensions
-
-
-
14 292
surtax
-
-
-
-
total
-
-
-
29 778
Employee
31 951
-
54 631
-
surtax
-
-
-
-
social contributions
910
-
1 557
-
income
2 788
-
9 529
-
pensions
3 614
-
3 289
-
total
7 312
-
14 375
-
Employer
31 951
-
54 631
-
other
1 103
-
1 913
-
unemployment
1 294
-
2 212
-
health
2 236
-
4 451
-
pensions
5 250
-
5 628
-
social contributions
96
-
164
-
total
9 979
-
14 368
-
Corporate
27 069
69 000
-
-
surtax
-
-
-
-
income
7 579
19 320
-
-
total
7 579
19 320
-
-
Dividends
19 490
49 680
-
-
social contributions
3 353
8 545
-
-
surtax
-
-
-
-
withholding
2 495
6 359
-
-
total
5 848
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 718
34 224
28 743
29 778
After tax
38 282
34 776
40 257
39 222
Living cost
24 639
24 639
24 639
24 639
Free-cash
13 643
10 137
15 618
14 583

Estimated living cost  is ₴24639 per week

₴16676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
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.
₴5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴38034
₴46765
₴36201
₴45051
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
-
-
-
69 000
income
-
-
-
2 284
social contributions
-
-
-
15 180
total
-
-
-
17 464
Employee
16 401
-
59 740
-
income
-
-
2 488
-
social contributions
1 066
-
3 883
-
total
1 066
-
6 371
-
Employer
16 401
-
59 740
-
social contributions
2 542
-
9 260
-
total
2 542
-
9 260
-
Corporate
50 057
69 000
-
-
income
5 006
6 900
-
-
total
5 006
6 900
-
-
Dividends
45 051
62 100
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
8 614
6 900
15 631
17 464
After tax
60 386
62 100
53 369
51 536
Living cost
15 335
15 335
15 335
15 335
Free-cash
45 051
46 765
38 034
36 201

Estimated living cost  is ₴15335 per week

₴9915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴41957
-₴41957
₴17365
-₴41957
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
-
-
-
69 000
labour market
-
-
-
5 485
pensions
-
-
-
441
national
-
-
-
7 425
municipal
-
-
-
13 758
total
-
-
-
27 109
Employee
103 518
103 518
103 518
-
labour market
8 270
8 270
8 270
-
municipal
22 044
22 044
22 044
-
national
12 647
12 647
12 647
-
pensions
147
147
147
-
total
43 108
43 108
43 108
-
Employer
103 518
103 518
103 518
-
national
12 669
12 669
12 669
-
labour market
8 281
8 281
8 281
-
pensions
294
294
294
-
municipal
22 079
22 079
22 079
-
total
43 323
43 323
43 323
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
86 431
86 431
86 431
27 109
After tax
-17 431
-17 431
-17 431
41 891
Living cost
24 526
24 526
24 526
24 526
Free-cash
-41 957
-41 957
-41 957
17 365

Estimated living cost  is ₴24526 per week

₴16786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴377
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.
₴5193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₴25595
-₴5541
₴36115
₴3881
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
-
-
-
69 000
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
18 178
pensions
-
-
-
2 137
total
-
-
-
21 755
Employee
17 509
-
60 836
-
income
2 402
-
13 227
-
pensions
1 972
-
3 918
-
health
2 005
-
6 966
-
total
6 379
-
24 111
-
Employer
17 509
-
60 836
-
unemployment
429
-
1 491
-
accident
292
-
1 016
-
pensions
2 847
-
5 657
-
total
3 568
-
8 164
-
Corporate
47 923
69 000
-
-
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.

43 131
62 100
-
-
total
43 131
62 100
-
-
Dividends
4 792
6 900
-
-
withholding
911
1 311
-
-
total
911
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 989
63 411
32 275
21 755
After tax
15 011
5 589
36 725
47 245
Living cost
11 130
11 130
11 130
11 130
Free-cash
3 881
-5 541
25 595
36 115

Estimated living cost  is ₴11130 per week

₴8102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴17936
₴24918
₴27398
₴25358
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

-
-
-
69 000
health
-
-
-
850
national
-
-
-
8 899
municipal
-
-
-
12 267
total
-
-
-
22 016
Employee
26 840
-
58 046
-
municipal
4 396
-
9 464
-
national
443
-
5 591
-
pensions
1 811
-
3 918
-
health
200
-
681
-
unemployment
403
-
870
-
total
7 253
-
20 524
-
Employer
26 840
-
58 046
-
unemployment
174
-
378
-
health
206
-
447
-
accident
27
-
58
-
pensions
4 657
-
10 071
-
total
5 064
-
10 954
-
Corporate
37 096
69 000
-
-
income
7 420
13 800
-
-
total
7 420
13 800
-
-
Dividends

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

22 257
41 400
-
-
national
313
3 244
-
-
municipal
4 006
7 452
-
-
total
4 319
10 696
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 056
24 496
31 478
22 016
After tax
44 944
44 504
37 522
46 984
Living cost
19 586
19 586
19 586
19 586
Free-cash
25 358
24 918
17 936
27 398

Estimated living cost  is ₴19586 per week

₴12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴35727
₴38592
₴36395
₴35817
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
-
-
-
69 000
social contributions
-
-
-
8 254
health
-
-
-
1 759
income
-
-
-
10 781
total
-
-
-
20 794
Employee
39 228
39 228
63 435
-
social contributions
1 483
3 256
4 391
-
income
4 271
3 631
10 429
-
health
304
667
1 078
-
total
6 058
7 554
15 898
-
Employer
39 228
39 228
63 435
-
health
330
726
1 173
-
social contributions
1 483
3 256
4 391
-
total
1 813
3 982
5 564
-
Corporate
49 317
25 790
-
-
income
6 165
3 224
-
-
total
6 165
3 224
-
-
Dividends
43 152
22 567
-
-
withholding
7 336
3 837
-
-
total
7 336
3 837
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 372
18 597
21 462
20 794
After tax
47 628
50 403
47 538
48 206
Living cost
11 811
11 811
11 811
11 811
Free-cash
35 817
38 592
35 727
36 395

Estimated living cost  is ₴11811 per week

₴7079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴38715
₴49039
₴48946
₴46443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
69 000
health
-
-
-
1 846
income
-
-
-
6 848
pensions
-
-
-
3 245
unemployment
-
-
-
15
total
-
-
-
11 954
Employee

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

11 710
-
64 014
-
income
801
-
5 583
-
pensions
1 756
-
7 261
-
health
995
-
4 114
-
unemployment
58
-
242
-
total
3 610
-
17 200
-
Employer

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

11 710
-
64 014
-
unemployment
58
-
242
-
health
503
-
2 081
-
pensions
644
-
2 662
-
total
1 205
-
4 985
-
Corporate
56 085
69 000
-
-
income
5 048
6 210
-
-
total
5 048
6 210
-
-
Dividends
51 037
62 790
-
-
withholding
4 594
5 651
-
-
total
4 594
5 651
-
-
Income
69 000
69 000
69 000
69 000
Total tax
14 457
11 861
22 185
11 954
After tax
54 543
57 139
46 815
57 046
Living cost
8 100
8 100
8 100
8 100
Free-cash
46 443
49 039
38 715
48 946

Estimated living cost  is ₴8100 per week

₴5168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴22215
₴32217
₴24667
₴29746
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
-
-
-
69 000
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
16 120
pensions
-
-
-
13 381
unemployment
-
-
-
331
total
-
-
-
30 305
Employee
18 863
-
53 926
-
income
3 637
-
14 680
-
other
18
-
47
-
pensions
887
-
2 223
-
unemployment
292
-
733
-
total
4 834
-
17 683
-
Employer
18 863
-
53 926
-
other
151
-
379
-
unemployment
1 038
-
2 600
-
accident
374
-
936
-
pensions
4 451
-
11 159
-
total
6 014
-
15 074
-
Corporate
44 123
69 000
-
-
income

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

6 619
10 350
-
-
total
6 619
10 350
-
-
Dividends
37 504
58 650
-
-
withholding
7 759
12 405
-
-
total
7 759
12 405
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 226
22 755
32 757
30 305
After tax
43 774
46 245
36 243
38 695
Living cost
14 028
14 028
14 028
14 028
Free-cash
29 746
32 217
22 215
24 667

Estimated living cost  is ₴14028 per week

₴9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴43284
₴42111
₴43349
₴41955
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
-
-
-
69 000
health
-
-
-
500
income
-
-
-
23 516
pensions
-
-
-
690
total
-
-
-
24 706
Employee
1 440
-
68 224
-
income
279
-
23 479
-
pensions
130
-
310
-
health
72
-
172
-
unemployment
14
-
34
-
total
495
-
23 995
-
Employer
1 440
-
68 224
-
unemployment
29
-
69
-
health
137
-
328
-
pensions
158
-
379
-
total
324
-
776
-
Corporate
67 236
69 000
-
-
income
14 792
15 180
-
-
total
14 792
15 180
-
-
Dividends
52 444
53 820
-
-
withholding
10 489
10 764
-
-
total
10 489
10 764
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 100
25 944
24 771
24 706
After tax
42 900
43 056
44 229
44 294
Living cost
945
945
945
945
Free-cash
41 955
42 111
43 284
43 349

Estimated living cost  is ₴945 per week

₴562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴30846
₴41047
₴30847
₴38540
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.

-
-
-
69 000
health
-
-
-
3 876
income
-
-
-
15 123
pensions
-
-
-
9 784
unemployment
-
-
-
564
total
-
-
-
29 347
Employee

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

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

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

13 279
-
62 264
-
income
1 830
-
15 123
-
pensions
1 859
-
5 269
-
health
684
-
1 938
-
unemployment
100
-
282
-
total
4 473
-
22 612
-
Employer

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

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

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

13 279
-
62 264
-
unemployment
100
-
282
-
health
684
-
1 938
-
pensions
1 594
-
4 516
-
total
2 378
-
6 736
-
Corporate
53 344
69 000
-
-
income
8 002
10 350
-
-
total
8 002
10 350
-
-
Dividends
45 342
58 650
-
-
withholding
6 801
8 797
-
-
total
6 801
8 797
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 654
19 147
29 348
29 347
After tax
47 346
49 853
39 652
39 653
Living cost
8 806
8 806
8 806
8 806
Free-cash
38 540
41 047
30 846
30 847

Estimated living cost  is ₴8806 per week

₴5929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴19306
₴25494
₴23906
₴25310
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.

-
-
-
69 000
social contributions

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

-
-
-
23 978
income
-
-
-
7 363
surtax
-
-
-
-
total
-
-
-
31 341
Employee
19 800
-
55 757
-
surtax
-
-
-
-
social contributions
2 178
-
6 133
-
income
3 869
-
16 565
-
total
6 047
-
22 698
-
Employer
19 800
-
55 757
-
social contributions
4 702
-
13 243
-
total
4 702
-
13 243
-
Corporate
44 498
69 000
-
-
surtax
-
-
-
-
income
9 345
14 490
-
-
total
9 345
14 490
-
-
Dividends
35 153
54 510
-
-
withholding
9 843
15 263
-
-
total
9 843
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 937
29 753
35 941
31 341
After tax
39 063
39 247
33 059
37 659
Living cost
13 753
13 753
13 753
13 753
Free-cash
25 310
25 494
19 306
23 906

Estimated living cost  is ₴13753 per week

₴9741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴18314
₴28316
₴20766
₴24631
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
-
-
-
69 000
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
16 120
pensions
-
-
-
13 381
unemployment
-
-
-
331
total
-
-
-
30 305
Employee
24 638
-
53 926
-
income
5 146
-
14 680
-
other
24
-
47
-
pensions
1 158
-
2 223
-
unemployment
381
-
733
-
total
6 709
-
17 683
-
Employer
24 638
-
53 926
-
other
197
-
379
-
unemployment
1 355
-
2 600
-
accident
488
-
936
-
pensions
5 814
-
11 159
-
total
7 854
-
15 074
-
Corporate
36 507
69 000
-
-
income

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

5 477
10 350
-
-
total
5 477
10 350
-
-
Dividends
31 031
58 650
-
-
withholding
6 400
12 405
-
-
total
6 400
12 405
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 440
22 755
32 757
30 305
After tax
42 560
46 245
36 243
38 695
Living cost
17 929
17 929
17 929
17 929
Free-cash
24 631
28 316
18 314
20 766

Estimated living cost  is ₴17929 per week

₴12876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1394
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.
₴3407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴47696
₴50279
₴45209
₴47191
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
-
-
-
69 000
health
-
-
-
2 035
income
-
-
-
10 350
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
15 075
Employee
11 542
-
65 528
-
income
1 154
-
6 553
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 013
-
1 554
-
health
531
-
814
-
total
2 825
-
9 116
-
Employer
11 542
-
65 528
-
unemployment
69
-
106
-
health
796
-
1 221
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 272
-
1 950
-
total
2 264
-
3 472
-
Corporate
55 194
69 000
-
-
income
5 520
6 900
-
-
total
5 520
6 900
-
-
Dividends
49 674
62 100
-
-
withholding
2 484
3 105
-
-
total
2 484
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 093
10 005
12 588
15 075
After tax
55 907
58 995
56 412
53 925
Living cost
8 716
8 716
8 716
8 716
Free-cash
47 191
50 279
47 696
45 209

Estimated living cost  is ₴8716 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴25759
₴15849
₴19261
₴22524
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.

-
-
-
69 000
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.

-
-
-
3 485
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.

-
-
-
19 015
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.

-
-
-
1 046
trade
-
-
-
6 498
total
-
-
-
30 044
Employee

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

25 383
-
69 000
-
surtax

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

115
-
1 046
-
income

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

2 087
-
19 015
-
health

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

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

3 485
-
3 485
-
total
5 687
-
23 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 617
69 000
-
-
chamber of commerce
141
179
-
-
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.

360
569
-
-
trade
6 259
9 902
-
-
income
6 542
10 350
-
-
total
13 302
21 000
-
-
Dividends
30 314
48 000
-
-
surtax

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

407
650
-
-
withholding
7 385
11 806
-
-
total
7 792
12 456
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 781
33 456
23 546
30 044
After tax
42 219
35 544
45 454
38 956
Living cost
19 695
19 695
19 695
19 695
Free-cash
22 524
15 849
25 759
19 261

Estimated living cost  is ₴19695 per week

₴13586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴9744
₴19240
₴9744
₴20367
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
-
-
-
69 000
income
-
-
-
19 167
social contributions
-
-
-
11 029
total
-
-
-
30 196
Employee
39 905
-
69 000
-
income
7 530
-
19 167
-
social contributions
3 315
-
11 029
-
total
10 845
-
30 196
-
Employer
39 905
-
69 000
-
total
-
-
-
-
Corporate
29 095
69 000
-
-
income
3 637
8 625
-
-
total
3 637
8 625
-
-
Dividends
25 458
60 375
-
-
withholding
5 091
12 075
-
-
total
5 091
12 075
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 573
20 700
30 196
30 196
After tax
49 427
48 300
38 804
38 804
Living cost
29 060
29 060
29 060
29 060
Free-cash
20 367
19 240
9 744
9 744

Estimated living cost  is ₴29060 per week

₴22108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴31814
₴23637
₴32799
₴25420
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.

-
-
-
69 000
income
-
-
-
14 521
health

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

-
-
-
3 162
total
-
-
-
17 683
Employee
23 403
-
66 653
-
income
2 539
-
13 974
-
social contributions
2 345
-
2 347
-
total
4 884
-
16 321
-
Employer
23 403
-
66 653
-
social contributions
2 345
-
2 347
-
total
2 345
-
2 347
-
Corporate
43 253
69 000
-
-
income
15 138
24 150
-
-
total
15 138
24 150
-
-
Dividends
28 115
44 850
-
-
social contributions
2 695
2 695
-
-
total
2 695
2 695
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 062
26 845
18 668
17 683
After tax
43 938
42 155
50 332
51 317
Living cost
18 518
18 518
18 518
18 518
Free-cash
25 420
23 637
31 814
32 799

Estimated living cost  is ₴18518 per week

₴12198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴22154
₴28570
₴28510
₴30112
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
-
-
-
69 000
income
-
-
-
17 611
pensions
-
-
-
4 141
total
-
-
-
21 752
Employee
25 720
-
60 459
-
income
4 684
-
13 374
-
health
336
-
953
-
pensions
1 963
-
5 240
-
total
6 983
-
19 567
-
Employer
25 720
-
60 459
-
health
489
-
1 149
-
pensions
2 599
-
7 392
-
total
3 088
-
8 541
-
Corporate
40 192
69 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

7 637
13 110
-
-
total
7 637
13 110
-
-
Dividends
32 555
55 890
-
-
withholding
2 442
8 582
-
-
total
2 442
8 582
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 150
21 692
28 108
21 752
After tax
48 850
47 308
40 892
47 248
Living cost
18 738
18 738
18 738
18 738
Free-cash
30 112
28 570
22 154
28 510

Estimated living cost  is ₴18738 per week

₴12854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₴24493
-₴6643
₴35013
₴3713
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
-
-
-
69 000
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
18 178
pensions
-
-
-
2 137
total
-
-
-
21 755
Employee
19 242
-
60 836
-
income
2 640
-
13 227
-
pensions
2 167
-
3 918
-
health
2 203
-
6 966
-
total
7 010
-
24 111
-
Employer
19 242
-
60 836
-
unemployment
471
-
1 491
-
accident
321
-
1 016
-
pensions
3 129
-
5 657
-
total
3 921
-
8 164
-
Corporate
45 837
69 000
-
-
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.

41 253
62 100
-
-
total
41 253
62 100
-
-
Dividends
4 584
6 900
-
-
withholding
871
1 311
-
-
total
871
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 055
63 411
32 275
21 755
After tax
15 945
5 589
36 725
47 245
Living cost
12 232
12 232
12 232
12 232
Free-cash
3 713
-6 643
24 493
35 013

Estimated living cost  is ₴12232 per week

₴8977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴39854
₴51183
₴32081
₴48799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income
-
-
-
11 063
health insurance
-
-
-
5 106
work injury
-
-
-
345
pensions
-
-
-
12 696
unemployment
-
-
-
828
total
-
-
-
30 038
Employee

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

11 010
-
69 000
-
income
1 101
-
11 063
-
work injury
55
-
204
-
health insurance
815
-
3 014
-
pensions
2 026
-
7 495
-
unemployment
132
-
489
-
total
4 129
-
22 265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 990
69 000
-
-
income

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

580
690
-
-
total
580
690
-
-
Dividends
57 410
68 310
-
-
withholding
8 611
10 246
-
-
total
8 611
10 246
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 320
10 936
22 265
30 038
After tax
55 680
58 064
46 735
38 962
Living cost
6 881
6 881
6 881
6 881
Free-cash
48 799
51 183
39 854
32 081

Estimated living cost  is ₴6881 per week

₴4263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴9857
₴16022
₴13011
₴13700
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
-
-
-
69 000
social contributions
-
-
-
17 747
national
-
-
-
15 914
regional
-
-
-
1 544
municipal
-
-
-
461
total
-
-
-
35 666
Employee
42 988
-
69 000
-
social contributions
14 495
-
23 266
-
municipal
257
-
411
-
national
7 265
-
13 816
-
regional
649
-
1 327
-
total
22 666
-
38 820
-
Employer
42 988
-
69 000
-
total
-
-
-
-
Corporate
26 012
69 000
-
-
nationa
6 243
16 560
-
-
municipal
1 254
3 325
-
-
total
7 497
19 885
-
-
Dividends
18 515
49 114
-
-
withholding
4 814
12 770
-
-
total
4 814
12 770
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 977
32 655
38 820
35 666
After tax
34 023
36 345
30 180
33 334
Living cost
20 323
20 323
20 323
20 323
Free-cash
13 700
16 022
9 857
13 011

Estimated living cost  is ₴20323 per week

₴14276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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