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
₴19878
₴30275
₴23022
₴25340
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
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.

-
-
-
19 338
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.

-
-
-
1 063
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.

-
-
-
3 372
trade
-
-
-
7 253
total
-
-
-
31 026
Employee

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

18 881
-
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.

29
-
1 063
-
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.

527
-
19 338
-
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.

3 372
-
3 372
-
total
3 928
-
23 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 119
69 000
-
-
income
7 518
10 350
-
-
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.

413
570
-
-
chamber of commerce
147
174
-
-
trade
7 893
10 868
-
-
total
15 971
21 962
-
-
Dividends
34 148
47 039
-
-
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.

459
636
-
-
withholding
8 350
11 572
-
-
total
8 809
12 208
-
-
Income
69 000
69 000
69 000
69 000
Total tax
28 708
34 170
23 773
31 026
After tax
40 292
34 830
45 227
37 974
Living cost
14 952
14 952
14 952
14 952
Free-cash
25 340
19 878
30 275
23 022

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3524
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
₴16841
₴15431
₴14890
₴16405
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
municipal
-
-
-
7 402
national
-
-
-
11 471
pensions
-
-
-
8 280
total
-
-
-
27 895
Employee
40 639
-
59 650
-
municipal
5 020
-
7 670
-
pensions
1 626
-
2 386
-
national
7 778
-
11 885
-
total
14 424
-
21 941
-
Employer
40 639
-
59 650
-
pensions
3 251
-
4 772
-
social contributions
437
-
641
-
total
3 688
-
5 413
-
Corporate
21 991
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%.

4 398
13 800
-
-
total
4 398
13 800
-
-
Dividends
17 593
55 200
-
-
withholding
3 870
12 144
-
-
total
3 870
12 144
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 380
25 944
27 354
27 895
After tax
42 620
43 056
41 646
41 105
Living cost
26 215
26 215
26 215
26 215
Free-cash
16 405
16 841
15 431
14 890

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴44930
₴28398
₴11264
₴40880
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
income
-
-
-
10 957
surtax
-
-
-
17 595
social contributions

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

-
-
-
18 914
microenterprise
-
-
-
-
total
-
-
-
47 466
Employee
14 425
-
55 605
-
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.

1 587
-
6 116
-
income
2 568
-
10 821
-
total
4 155
-
16 937
-
Employer
14 425
-
55 605
-
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.

3 475
-
13 395
-
surtax
-
-
-
-
total
3 475
-
13 395
-
Corporate
51 101
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%.

10 220
13 800
-
-
total
10 220
13 800
-
-
Dividends

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

40 880
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
17 850
13 800
30 332
47 466
After tax
51 150
55 200
38 668
21 534
Living cost
10 270
10 270
10 270
10 270
Free-cash
40 880
44 930
28 398
11 264

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
₴13214
₴20375
₴18663
₴10190
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
-
-
-
17 786
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
29 657
Employee
42 155
42 155
59 826
-
pensions
7 588
5 784
5 784
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 087
-
total
20 958
18 188
18 771
-
Employer
42 155
42 155
59 826
-
health
2 930
2 930
3 641
-
pensions
2 934
2 934
3 647
-
unemployment
1 518
1 518
1 886
-
total
7 382
7 382
9 174
-
Corporate
19 980
19 463
-
-
income
3 996
3 892
-
-
total
3 996
3 892
-
-
Dividends
15 983
15 570
-
-
income
3 397
3 309
-
-
withholding
2 397
2 335
-
-
total
5 794
5 644
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 130
35 106
27 945
29 657
After tax
30 870
33 894
41 055
39 343
Living cost
20 680
20 680
20 680
20 680
Free-cash
10 190
13 214
20 375
18 663

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
₴17449
₴15780
₴16325
₴16994
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
accident
-
-
-
89
other
-
-
-
5 151
unemployment
-
-
-
44
health
-
-
-
2 766
municipal
-
-
-
16 747
national
-
-
-
2 861
pensions
-
-
-
4 792
total
-
-
-
32 450
Employee
28 819
-
55 073
-
municipal
8 594
-
16 423
-
national
-
-
2 644
-
total
8 594
-
19 067
-
Employer
28 819
-
55 073
-
health
1 772
-
2 726
-
pensions
3 115
-
4 792
-
accident
58
-
89
-
unemployment
761
-
1 170
-
other
3 349
-
5 151
-
total
9 055
-
13 928
-
Corporate
31 126
69 000
-
-
income
6 848
15 180
-
-
total
6 848
15 180
-
-
Dividends
24 278
53 820
-
-
withholding
7 284
16 146
-
-
total
7 284
16 146
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 781
31 326
32 995
32 450
After tax
37 219
37 674
36 005
36 550
Living cost
20 225
20 225
20 225
20 225
Free-cash
16 994
17 449
15 780
16 325

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
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.
₴4529
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
₴15083
₴25834
₴18259
₴22019
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
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.

-
-
-
19 338
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.

-
-
-
1 063
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.

-
-
-
3 372
trade
-
-
-
7 575
total
-
-
-
31 348
Employee

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

25 034
-
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.

118
-
1 063
-
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.

2 151
-
19 338
-
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.

3 372
-
3 372
-
total
5 641
-
23 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 966
69 000
-
-
income
6 595
10 350
-
-
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.

363
570
-
-
chamber of commerce
138
173
-
-
trade
7 232
11 350
-
-
total
14 328
22 443
-
-
Dividends
29 639
46 557
-
-
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.

397
630
-
-
withholding
7 222
11 451
-
-
total
7 619
12 081
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 588
34 524
23 773
31 348
After tax
41 412
34 476
45 227
37 652
Living cost
19 393
19 393
19 393
19 393
Free-cash
22 019
15 083
25 834
18 259

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4088
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
₴34384
₴31394
₴32050
₴32336
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
-
-
-
11 193
social contributions
-
-
-
7 987
health
-
-
-
1 759
total
-
-
-
20 939
Employee
37 959
37 959
63 574
-
social contributions
1 845
3 150
4 249
-
income
3 986
3 514
10 840
-
health
378
645
1 081
-
total
6 209
7 309
16 170
-
Employer
37 959
37 959
63 574
-
health
411
703
1 176
-
social contributions
1 845
3 150
4 249
-
total
2 256
3 853
5 425
-
Corporate
44 525
27 188
-
-
income
5 565
3 399
-
-
total
5 565
3 399
-
-
Dividends
38 959
23 789
-
-
withholding
6 623
4 044
-
-
total
6 623
4 044
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 653
18 605
21 595
20 939
After tax
48 347
50 395
47 405
48 061
Living cost
16 011
16 011
16 011
16 011
Free-cash
32 336
34 384
31 394
32 050

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴3547
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
₴29743
₴30942
₴38742
₴29930
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
-
-
-
8 435
unemployment
-
-
-
1 035
health
-
-
-
4 830
pensions
-
-
-
6 900
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.

13 076
5 204
57 741
-
unemployment
196
78
866
-
pensions
1 308
520
5 774
-
income
1 599
636
7 059
-
health
915
364
4 042
-
total
4 018
1 598
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.

13 076
5 204
57 741
-
pensions
2 550
1 015
11 259
-
total
2 550
1 015
11 259
-
Corporate
53 374
62 781
-
-
income
4 804
5 650
-
-
total
4 804
5 650
-
-
Dividends
48 571
57 131
-
-
social contributions
9 412
11 081
-
-
withholding
9 228
10 855
-
-
total
18 640
21 936
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 012
30 199
29 000
21 200
After tax
38 988
38 801
40 000
47 800
Living cost
9 058
9 058
9 058
9 058
Free-cash
29 930
29 743
30 942
38 742

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴1955
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
₴43277
₴27848
₴25061
₴40210
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
-
-
-
9 246
health
-
-
-
8 970
pensions
-
-
-
13 800
total
-
-
-
32 016
Employee
14 004
-
51 570
-
unemployment
224
-
825
-
pensions
280
-
1 031
-
income
1 577
-
9 943
-
total
2 081
-
11 799
-
Employer
14 004
-
51 570
-
health
1 820
-
6 704
-
pensions
2 801
-
10 314
-
unemployment
112
-
412
-
total
4 733
-
17 430
-
Corporate
50 262
69 000
-
-
income
10 053
13 800
-
-
total
10 053
13 800
-
-
Dividends
40 210
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
16 867
13 800
29 229
32 016
After tax
52 133
55 200
39 771
36 984
Living cost
11 923
11 923
11 923
11 923
Free-cash
40 210
43 277
27 848
25 061

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2795
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
-₴5406
₴25816
₴36243
₴3903
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
accident
-
-
-
126
income
-
-
-
18 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
21 762
Employee
17 295
-
60 982
-
pensions
1 947
-
3 813
-
income
2 373
-
13 376
-
health
1 980
-
6 982
-
total
6 300
-
24 171
-
Employer
17 295
-
60 982
-
pensions
2 812
-
5 506
-
accident
289
-
1 018
-
unemployment
424
-
1 494
-
total
3 525
-
8 018
-
Corporate
48 180
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.

43 362
62 100
-
-
total
43 362
62 100
-
-
Dividends
4 818
6 900
-
-
withholding
915
1 311
-
-
total
915
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 102
63 411
32 189
21 762
After tax
14 898
5 589
36 811
47 238
Living cost
10 995
10 995
10 995
10 995
Free-cash
3 903
-5 406
25 816
36 243

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2098
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
₴61555
₴51205
₴64315
₴60806
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
4 994
-
69 000
-
income
999
-
13 800
-
total
999
-
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%.

64 006
69 000
-
-
total
-
-
-
-
Dividends
64 006
69 000
-
-
withholding
3 200
3 450
-
-
total
3 200
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 199
3 450
13 800
690
After tax
64 801
65 550
55 200
68 310
Living cost
3 995
3 995
3 995
3 995
Free-cash
60 806
61 555
51 205
64 315

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1077
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
₴37540
₴26383
₴23529
₴34208
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
-
-
-
9 443
other
-
-
-
3 278
health
-
-
-
3 036
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.

-
-
-
16 560
total
-
-
-
32 317
Employee
17 924
-
55 112
-
unemployment
179
-
551
-
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.

1 254
-
3 858
-
income
3 086
-
10 394
-
health
251
-
772
-
total
4 770
-
15 575
-
Employer
17 924
-
55 112
-
health
251
-
772
-
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.

3 047
-
9 369
-
accident
143
-
441
-
unemployment
179
-
551
-
other
897
-
2 755
-
total
4 517
-
13 888
-
Corporate
46 559
69 000
-
-
income
9 777
14 490
-
-
total
9 777
14 490
-
-
Dividends
36 782
54 510
-
-
withholding
2 574
3 816
-
-
total
2 574
3 816
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 638
18 306
29 463
32 317
After tax
47 362
50 694
39 537
36 683
Living cost
13 154
13 154
13 154
13 154
Free-cash
34 208
37 540
26 383
23 529

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴14231
₴7906
₴14249
₴12144
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
-
-
-
17 869
pensions
-
-
-
4 066
total
-
-
-
21 935
Employee
46 430
-
60 436
-
pensions
4 479
-
5 129
-
income
8 369
-
13 641
-
health
765
-
944
-
total
13 613
-
19 714
-
Employer
46 430
-
60 436
-
health
882
-
1 149
-
pensions
5 482
-
7 415
-
total
6 364
-
8 564
-
Corporate
16 206
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.

3 079
13 110
-
-
total
3 079
13 110
-
-
Dividends
13 128
55 890
-
-
withholding
984
8 843
-
-
total
984
8 843
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 040
21 953
28 278
21 935
After tax
44 960
47 047
40 722
47 065
Living cost
32 816
32 816
32 816
32 816
Free-cash
12 144
14 231
7 906
14 249

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
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.
₴4104
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
₴52514
₴50070
₴47559
₴50218
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
-
-
-
10 350
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
14 960
Employee
8 582
-
65 612
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
6 561
-
health
395
-
794
-
total
2 101
-
9 061
-
Employer
8 582
-
65 612
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
58 734
69 000
-
-
income
5 874
6 900
-
-
total
5 874
6 900
-
-
Dividends
52 860
62 100
-
-
withholding
2 643
3 105
-
-
total
2 643
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 301
10 005
12 449
14 960
After tax
56 699
58 995
56 551
54 040
Living cost
6 481
6 481
6 481
6 481
Free-cash
50 218
52 514
50 070
47 559

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
₴6521
₴13682
₴11970
₴7762
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
-
-
-
17 786
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
29 657
Employee
45 767
42 155
59 826
-
pensions
5 784
5 784
5 784
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 087
-
total
18 394
18 188
18 771
-
Employer
45 767
42 155
59 826
-
health
3 180
2 930
3 641
-
pensions
3 185
2 934
3 647
-
unemployment
1 648
1 518
1 886
-
total
8 013
7 382
9 174
-
Corporate
15 219
19 463
-
-
income
3 044
3 892
-
-
total
3 044
3 892
-
-
Dividends
12 176
15 570
-
-
income
2 587
3 309
-
-
withholding
1 827
2 335
-
-
total
4 414
5 644
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 865
35 106
27 945
29 657
After tax
35 135
33 894
41 055
39 343
Living cost
27 373
27 373
27 373
27 373
Free-cash
7 762
6 521
13 682
11 970

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4423
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
₴35239
₴22748
₴23461
₴30863
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
-
-
-
6 305
social contributions
-
-
-
17 652
solidarity contribution
-
-
-
-
health
-
-
-
9 315
total
-
-
-
33 272
Employee
18 040
-
51 493
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
3 347
-
income
2 165
-
6 179
-
health
2 435
-
6 952
-
total
5 773
-
16 478
-
Employer
18 040
-
51 493
-
health
1 624
-
4 634
-
social contributions
4 510
-
12 873
-
total
6 134
-
17 507
-
Corporate
44 826
69 000
-
-
income
8 517
13 110
-
-
total
8 517
13 110
-
-
Dividends
36 309
55 890
-
-
withholding
5 446
8 384
-
-
total
5 446
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 870
21 494
33 985
33 272
After tax
43 130
47 506
35 015
35 728
Living cost
12 267
12 267
12 267
12 267
Free-cash
30 863
35 239
22 748
23 461

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴2632
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
₴15984
₴9905
₴13189
₴13407
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
regional
-
-
-
795
municipal
-
-
-
410
national
-
-
-
16 029
total
-
-
-
34 981
Employee
43 872
-
69 000
-
municipal
232
-
366
-
national
7 602
-
13 931
-
regional
414
-
701
-
social contributions
14 794
-
23 267
-
total
23 042
-
38 265
-
Employer
43 872
-
69 000
-
total
-
-
-
-
Corporate
25 128
69 000
-
-
municipal
980
2 691
-
-
nationa
6 031
16 560
-
-
total
7 011
19 251
-
-
Dividends
18 117
49 749
-
-
withholding
4 710
12 935
-
-
total
4 710
12 935
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 763
32 186
38 265
34 981
After tax
34 237
36 814
30 735
34 019
Living cost
20 830
20 830
20 830
20 830
Free-cash
13 407
15 984
9 905
13 189

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4624
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
₴32508
₴20304
₴21848
₴30973
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
-
-
-
16 033
other
-
-
-
-
surtax
-
-
-
2 260
unemployment
-
-
-
112
health
-
-
-
4 677
pensions
-
-
-
13 177
total
-
-
-
36 259
Employee
16 325
-
57 002
-
other
-
-
-
-
unemployment
1 136
-
3 967
-
pensions
1 089
-
3 802
-
surtax
53
-
2 015
-
income
2 736
-
14 568
-
health
417
-
1 453
-
total
5 431
-
25 805
-
Employer
16 325
-
57 002
-
health
743
-
2 593
-
pensions
2 176
-
7 598
-
unemployment
517
-
1 807
-
other
-
-
-
-
total
3 436
-
11 998
-
Corporate
49 239
69 000
-
-
income
12 802
17 940
-
-
total
12 802
17 940
-
-
Dividends
36 437
51 060
-
-
withholding
5 465
7 659
-
-
total
5 465
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 134
25 599
37 803
36 259
After tax
41 866
43 401
31 197
32 741
Living cost
10 893
10 893
10 893
10 893
Free-cash
30 973
32 508
20 304
21 848

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
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
₴24628
₴18303
₴24646
₴25418
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
-
-
-
17 869
pensions
-
-
-
4 066
total
-
-
-
21 935
Employee
31 116
-
60 436
-
pensions
2 641
-
5 129
-
income
5 604
-
13 641
-
health
452
-
944
-
total
8 697
-
19 714
-
Employer
31 116
-
60 436
-
health
591
-
1 149
-
pensions
3 368
-
7 415
-
total
3 959
-
8 564
-
Corporate
33 924
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.

6 446
13 110
-
-
total
6 446
13 110
-
-
Dividends
27 479
55 890
-
-
withholding
2 061
8 843
-
-
total
2 061
8 843
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 163
21 953
28 278
21 935
After tax
47 837
47 047
40 722
47 065
Living cost
22 419
22 419
22 419
22 419
Free-cash
25 418
24 628
18 303
24 646

Estimated living cost  is ₴22419 per week

₴16796
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.
₴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.
₴3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴7589
₴14234
₴17592
₴9156
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
regional
-
-
-
2 905
health
-
-
-
155
city
-
-
-
727
national
-
-
-
752
pensions
-
-
-
6 348
total
-
-
-
12 267
Employee
45 805
-
61 759
-
unemployment
-
-
-
-
pensions
3 848
-
5 187
-
national
217
-
593
-
regional
1 500
-
2 482
-
city
492
-
663
-
health
104
-
139
-
total
6 161
-
9 064
-
Employer
45 805
-
61 759
-
health
104
-
139
-
pensions
3 848
-
5 187
-
unemployment
-
-
-
-
other

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

916
-
1 235
-
total
4 868
-
6 561
-
Corporate
17 824
69 000
-
-
regional
3 770
14 594
-
-
national
1 515
5 865
-
-
total
5 285
20 459
-
-
Dividends
12 539
48 541
-
-
withholding
4 389
16 989
-
-
total
4 389
16 989
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 703
37 448
15 625
12 267
After tax
48 297
31 552
53 375
56 733
Living cost
39 141
39 141
39 141
39 141
Free-cash
9 156
-7 589
14 234
17 592

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9695
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
₴11506
₴22613
₴14716
₴19513
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
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.

-
-
-
19 338
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.

-
-
-
1 063
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.

-
-
-
3 372
trade
-
-
-
7 897
total
-
-
-
31 670
Employee

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

29 667
-
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.

192
-
1 063
-
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.

3 489
-
19 338
-
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.

3 372
-
3 372
-
total
7 053
-
23 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 333
69 000
-
-
income
5 900
10 350
-
-
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.

324
570
-
-
chamber of commerce
130
172
-
-
trade
6 746
11 834
-
-
total
13 100
22 926
-
-
Dividends
26 233
46 075
-
-
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.

350
623
-
-
withholding
6 370
11 331
-
-
total
6 720
11 954
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 873
34 880
23 773
31 670
After tax
42 127
34 120
45 227
37 330
Living cost
22 614
22 614
22 614
22 614
Free-cash
19 513
11 506
22 613
14 716

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3995
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
₴17888
₴23042
₴22285
₴20802
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
-
-
-
9 349
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 357
pensions
-
-
-
14 015
total
-
-
-
29 826
Employee
21 127
-
54 469
-
pensions
2 389
-
3 344
-
surtax
-
-
-
-
social contributions
602
-
1 552
-
income
1 247
-
9 642
-
total
4 238
-
14 538
-
Employer
21 127
-
54 469
-
health
1 479
-
4 516
-
pensions
3 471
-
5 710
-
unemployment
855
-
2 206
-
social contributions
64
-
163
-
other
729
-
1 936
-
total
6 598
-
14 531
-
Corporate
41 275
69 000
-
-
income
11 557
19 320
-
-
surtax
-
-
-
-
total
11 557
19 320
-
-
Dividends
29 718
49 680
-
-
surtax
-
-
-
-
social contributions
5 112
8 544
-
-
withholding
3 804
6 359
-
-
total
8 916
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 309
34 223
29 069
29 826
After tax
37 691
34 777
39 931
39 174
Living cost
16 889
16 889
16 889
16 889
Free-cash
20 802
17 888
23 042
22 285

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
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.
₴4580
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
₴19561
₴24715
₴23958
₴22304
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
-
-
-
9 349
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 357
pensions
-
-
-
14 015
total
-
-
-
29 826
Employee
18 859
-
54 469
-
pensions
2 133
-
3 344
-
surtax
-
-
-
-
social contributions
538
-
1 552
-
income
972
-
9 642
-
total
3 643
-
14 538
-
Employer
18 859
-
54 469
-
health
1 320
-
4 516
-
pensions
3 099
-
5 710
-
unemployment
763
-
2 206
-
social contributions
56
-
163
-
other
651
-
1 936
-
total
5 889
-
14 531
-
Corporate
44 251
69 000
-
-
income
12 390
19 320
-
-
surtax
-
-
-
-
total
12 390
19 320
-
-
Dividends
31 861
49 680
-
-
surtax
-
-
-
-
social contributions
5 480
8 544
-
-
withholding
4 078
6 359
-
-
total
9 558
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 480
34 223
29 069
29 826
After tax
37 520
34 777
39 931
39 174
Living cost
15 216
15 216
15 216
15 216
Free-cash
22 304
19 561
24 715
23 958

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
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
₴31628
₴32949
₴33844
₴31885
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
-
-
-
10 350
social contributions
-
-
-
9 522
health
-
-
-
4 816
total
-
-
-
24 688
Employee
16 738
-
69 000
-
social contributions
2 310
-
9 522
-
income
2 792
-
11 245
-
health
1 168
-
4 816
-
total
6 270
-
25 583
-
Employer
16 738
-
69 000
-
total
-
-
-
-
Corporate
52 262
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%.

2 613
3 450
-
-
total
2 613
3 450
-
-
Dividends
49 650
65 550
-
-
social contributions
6 852
9 046
-
-
withholding
7 447
9 833
-
-
health
3 465
4 575
-
-
total
17 764
23 454
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 647
26 904
25 583
24 688
After tax
42 353
42 096
43 417
44 312
Living cost
10 468
10 468
10 468
10 468
Free-cash
31 885
31 628
32 949
33 844

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2575
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
₴20955
₴1014
₴17652
₴20193
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
-
-
-
15 473
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
276
health
-
-
-
4 411
pensions
-
-
-
10 669
total
-
-
-
33 954
Employee
24 670
19 673
53 503
-
other
246
197
535
-
unemployment
740
590
1 605
-
pensions
2 527
2 014
5 478
-
income
2 808
1 451
12 501
-
health
955
762
2 070
-
total
7 276
5 014
22 189
-
Employer
24 670
19 673
53 503
-
chamber of commerce
98
79
214
-
health
932
744
2 023
-
pensions
3 096
2 469
6 715
-
accident
320
256
695
-
unemployment
740
590
1 605
-
surtax
97
97
97
-
payroll
740
590
1 605
-
other
1 172
934
2 541
-
total
7 195
5 759
15 495
-
Corporate
37 133
43 568
51 633
-
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.

9 284
10 892
12 908
-
total
9 284
10 892
12 908
-
Dividends
27 850
32 676
-
-
withholding
7 658
8 986
-
-
total
7 658
8 986
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 413
30 651
50 592
33 954
After tax
37 587
38 349
18 408
35 046
Living cost
17 394
17 394
17 394
17 394
Free-cash
20 193
20 955
1 014
17 652

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
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.
₴4024
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
₴20628
₴7295
₴12438
₴13224
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
communal

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

-
-
-
3 489
social contributions
-
-
-
10 854
national
-
-
-
24 220
total
-
-
-
38 563
Employee

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

35 311
-
53 442
-
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.

307
-
465
-
communal

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

1 842
-
2 788
-
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.

2 648
-
4 009
-
national
10 856
-
18 375
-
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.

1 659
-
2 512
-
total
17 312
-
28 149
-
Employer

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

35 311
-
53 442
-
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.

2 171
-
3 287
-
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.

3 129
-
4 735
-
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.

459
-
694
-
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.

515
-
780
-
surtax
4 004
-
6 061
-
total
10 278
-
15 557
-
Corporate
23 411
69 000
-
-
income
4 682
13 800
-
-
surtax
94
276
-
-
total
4 776
14 076
-
-
Dividends
18 635
54 924
-
-
withholding

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

5 411
16 297
-
-
total
5 411
16 297
-
-
Income
69 000
69 000
69 000
69 000
Total tax
37 777
30 373
43 706
38 563
After tax
31 223
38 627
25 294
30 437
Living cost
17 999
17 999
17 999
17 999
Free-cash
13 224
20 628
7 295
12 438

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4550
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
₴28381
₴18649
₴21022
₴24684
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
accident
-
-
-
412
income
-
-
-
16 424
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
30 150
Employee
24 573
-
54 413
-
other
24
-
46
-
unemployment
381
-
709
-
pensions
1 155
-
2 151
-
income
5 185
-
15 031
-
total
6 745
-
17 937
-
Employer
24 573
-
54 413
-
pensions
5 799
-
10 798
-
accident
486
-
906
-
unemployment
1 352
-
2 516
-
other
196
-
366
-
total
7 833
-
14 586
-
Corporate
36 595
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.

5 490
10 350
-
-
total
5 490
10 350
-
-
Dividends
31 105
58 650
-
-
withholding
6 420
12 441
-
-
total
6 420
12 441
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 488
22 791
32 523
30 150
After tax
42 512
46 209
36 477
38 850
Living cost
17 828
17 828
17 828
17 828
Free-cash
24 684
28 381
18 649
21 022

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3178
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
₴14465
₴12049
₴9297
₴9147
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
communal
-
-
-
4 361
accident
-
-
-
582
income
-
-
-
9 322
surtax
-
-
-
3 421
health
-
-
-
4 848
pensions
-
-
-
10 342
total
-
-
-
32 876
Employee
37 383
-
61 635
-
pensions
2 990
-
4 931
-
surtax
2 291
-
3 777
-
income
3 611
-
11 309
-
health
1 664
-
2 742
-
total
10 556
-
22 759
-
Employer
37 383
-
61 635
-
health
1 140
-
1 879
-
pensions
2 990
-
4 931
-
accident
336
-
555
-
total
4 466
-
7 365
-
Corporate
27 150
69 000
-
-
communal
1 832
4 658
-
-
income
4 072
10 350
-
-
surtax
285
724
-
-
total
6 189
15 732
-
-
Dividends
20 961
53 269
-
-
income
8 671
3 986
-
-
withholding
3 144
7 990
-
-
total
11 815
11 976
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 026
27 708
30 124
32 876
After tax
35 974
41 292
38 876
36 124
Living cost
26 827
26 827
26 827
26 827
Free-cash
9 147
14 465
12 049
9 297

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
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.
₴4793
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
₴32313
₴20109
₴21653
₴30744
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
-
-
-
16 033
other
-
-
-
-
surtax
-
-
-
2 260
unemployment
-
-
-
112
health
-
-
-
4 677
pensions
-
-
-
13 177
total
-
-
-
36 259
Employee
16 624
-
57 002
-
other
-
-
-
-
unemployment
1 157
-
3 967
-
pensions
1 109
-
3 802
-
surtax
59
-
2 015
-
income
2 787
-
14 568
-
health
424
-
1 453
-
total
5 536
-
25 805
-
Employer
16 624
-
57 002
-
health
756
-
2 593
-
pensions
2 216
-
7 598
-
unemployment
527
-
1 807
-
other
-
-
-
-
total
3 499
-
11 998
-
Corporate
48 876
69 000
-
-
income
12 708
17 940
-
-
total
12 708
17 940
-
-
Dividends
36 168
51 060
-
-
withholding
5 425
7 659
-
-
total
5 425
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 168
25 599
37 803
36 259
After tax
41 832
43 401
31 197
32 741
Living cost
11 088
11 088
11 088
11 088
Free-cash
30 744
32 313
20 109
21 653

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
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
₴22969
₴17209
₴20476
₴21875
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
regional
-
-
-
1 040
municipal
-
-
-
410
national
-
-
-
16 029
total
-
-
-
35 226
Employee
27 383
-
69 000
-
municipal
145
-
366
-
national
4 338
-
13 931
-
regional
369
-
929
-
social contributions
9 234
-
23 267
-
total
14 086
-
38 493
-
Employer
27 383
-
69 000
-
total
-
-
-
-
Corporate
41 617
69 000
-
-
municipal
2 068
3 430
-
-
nationa
9 988
16 560
-
-
total
12 056
19 990
-
-
Dividends
29 560
49 011
-
-
withholding
7 685
12 743
-
-
total
7 685
12 743
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 827
32 733
38 493
35 226
After tax
35 173
36 267
30 507
33 774
Living cost
13 298
13 298
13 298
13 298
Free-cash
21 875
22 969
17 209
20 476

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3453
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
₴32390
₴19899
₴20612
₴26997
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
-
-
-
6 305
social contributions
-
-
-
17 652
solidarity contribution
-
-
-
-
health
-
-
-
9 315
total
-
-
-
33 272
Employee
22 230
-
51 493
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
3 347
-
income
2 668
-
6 179
-
health
3 001
-
6 952
-
total
7 114
-
16 478
-
Employer
22 230
-
51 493
-
health
2 001
-
4 634
-
social contributions
5 558
-
12 873
-
total
7 559
-
17 507
-
Corporate
39 212
69 000
-
-
income
7 450
13 110
-
-
total
7 450
13 110
-
-
Dividends
31 762
55 890
-
-
withholding
4 764
8 384
-
-
total
4 764
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 887
21 494
33 985
33 272
After tax
42 113
47 506
35 015
35 728
Living cost
15 116
15 116
15 116
15 116
Free-cash
26 997
32 390
19 899
20 612

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2776
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
₴22653
₴2673
₴19394
₴22411
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
-
-
-
15 473
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
276
health
-
-
-
4 411
pensions
-
-
-
10 669
total
-
-
-
33 857
Employee
21 579
19 673
53 579
-
other
215
197
536
-
unemployment
647
590
1 608
-
pensions
2 210
2 014
5 487
-
income
1 922
1 451
12 526
-
health
835
762
2 073
-
total
5 829
5 014
22 230
-
Employer
21 579
19 673
53 579
-
chamber of commerce
86
79
215
-
health
816
744
2 025
-
pensions
2 708
2 469
6 724
-
accident
280
256
697
-
unemployment
647
590
1 608
-
surtax
-
-
-
-
payroll
647
590
1 608
-
other
1 025
934
2 545
-
total
6 209
5 662
15 422
-
Corporate
41 211
43 665
51 705
-
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.

10 303
10 916
12 926
-
total
10 303
10 916
12 926
-
Dividends
30 908
32 749
-
-
withholding
8 499
9 006
-
-
total
8 499
9 006
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 840
30 598
50 578
33 857
After tax
38 160
38 402
18 422
35 143
Living cost
15 749
15 749
15 749
15 749
Free-cash
22 411
22 653
2 673
19 394

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4412
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
₴59324
₴48974
₴62084
₴58156
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
7 782
-
69 000
-
income
1 557
-
13 800
-
total
1 557
-
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%.

61 218
69 000
-
-
total
-
-
-
-
Dividends
61 218
69 000
-
-
withholding
3 061
3 450
-
-
total
3 061
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 618
3 450
13 800
690
After tax
64 382
65 550
55 200
68 310
Living cost
6 226
6 226
6 226
6 226
Free-cash
58 156
59 324
48 974
62 084

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
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
₴34266
₴19542
₴21370
₴30136
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
income
-
-
-
14 896
unemployment
-
-
-
103
health
-
-
-
6 789
pensions
-
-
-
12 601
total
-
-
-
34 389
Employee

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

21 829
-
59 704
-
unemployment
31
-
83
-
pensions
3 384
-
9 255
-
income
3 764
-
13 726
-
health
1 410
-
3 857
-
total
8 589
-
26 921
-
Employer

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

21 829
-
59 704
-
health
1 454
-
3 977
-
pensions
1 932
-
5 283
-
unemployment
13
-
36
-
total
3 399
-
9 296
-
Corporate
43 772
69 000
-
-
income
8 317
13 110
-
-
total
8 317
13 110
-
-
Dividends
35 455
55 890
-
-
withholding
5 318
8 383
-
-
total
5 318
8 383
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 623
21 493
36 217
34 389
After tax
43 377
47 507
32 783
34 611
Living cost
13 241
13 241
13 241
13 241
Free-cash
30 136
34 266
19 542
21 370

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3049
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
₴20382
₴40817
₴26087
-₴5633
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
-
-
-
13 449
social contributions
-
-
-
7 866
total
-
-
-
21 315
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
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
53 035
27 020
6 585
21 315
After tax
15 965
41 980
62 415
47 685
Living cost
21 598
21 598
21 598
21 598
Free-cash
-5 633
20 382
40 817
26 087

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5278
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
₴23763
₴17390
₴22081
₴23268
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
income
-
-
-
7 458
surtax
-
-
-
-
social contributions

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

-
-
-
23 977
total
-
-
-
31 435
Employee
22 704
-
55 758
-
surtax
-
-
-
-
social contributions
2 497
-
6 133
-
income
4 722
-
16 751
-
total
7 219
-
22 884
-
Employer
22 704
-
55 758
-
social contributions
5 392
-
13 242
-
total
5 392
-
13 242
-
Corporate
40 904
69 000
-
-
income
8 589
14 490
-
-
surtax
-
-
-
-
total
8 589
14 490
-
-
Dividends
32 314
54 510
-
-
withholding
9 048
15 263
-
-
total
9 048
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 248
29 753
36 126
31 435
After tax
38 752
39 247
32 874
37 565
Living cost
15 484
15 484
15 484
15 484
Free-cash
23 268
23 763
17 390
22 081

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
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.
₴2727
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
₴10934
₴16088
₴15331
₴14327
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
-
-
-
9 349
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 357
pensions
-
-
-
14 015
total
-
-
-
29 826
Employee
30 918
-
54 469
-
pensions
3 497
-
3 344
-
surtax
-
-
-
-
social contributions
881
-
1 552
-
income
2 698
-
9 642
-
total
7 076
-
14 538
-
Employer
30 918
-
54 469
-
health
2 164
-
4 516
-
pensions
5 080
-
5 710
-
unemployment
1 252
-
2 206
-
social contributions
93
-
163
-
other
1 067
-
1 936
-
total
9 656
-
14 531
-
Corporate
28 426
69 000
-
-
income
7 959
19 320
-
-
surtax
-
-
-
-
total
7 959
19 320
-
-
Dividends
20 467
49 680
-
-
surtax
-
-
-
-
social contributions
3 520
8 544
-
-
withholding
2 619
6 359
-
-
total
6 139
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 830
34 223
29 069
29 826
After tax
38 170
34 777
39 931
39 174
Living cost
23 842
23 842
23 842
23 842
Free-cash
14 327
10 934
16 088
15 331

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴5429
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
₴47261
₴38430
₴36596
₴45603
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
-
-
-
2 384
social contributions
-
-
-
15 181
total
-
-
-
17 565
Employee
15 870
-
59 740
-
income
-
-
2 588
-
social contributions
1 031
-
3 883
-
total
1 031
-
6 471
-
Employer
15 870
-
59 740
-
social contributions
2 460
-
9 260
-
total
2 460
-
9 260
-
Corporate
50 670
69 000
-
-
income
5 067
6 900
-
-
total
5 067
6 900
-
-
Dividends
45 603
62 100
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
8 558
6 900
15 731
17 565
After tax
60 442
62 100
53 269
51 435
Living cost
14 839
14 839
14 839
14 839
Free-cash
45 603
47 261
38 430
36 596

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3846
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
-₴38505
-₴38505
₴17966
-₴38505
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
-
-
-
5 486
municipal
-
-
-
13 841
national
-
-
-
7 516
pensions
-
-
-
428
total
-
-
-
27 271
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
83 742
83 742
83 742
27 271
After tax
-14 742
-14 742
-14 742
41 729
Living cost
23 763
23 763
23 763
23 763
Free-cash
-38 505
-38 505
-38 505
17 966

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴5243
₴25979
₴36406
₴3927
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
accident
-
-
-
126
income
-
-
-
18 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
21 762
Employee
17 040
-
60 982
-
pensions
1 919
-
3 813
-
income
2 338
-
13 376
-
health
1 951
-
6 982
-
total
6 208
-
24 171
-
Employer
17 040
-
60 982
-
pensions
2 771
-
5 506
-
accident
285
-
1 018
-
unemployment
418
-
1 494
-
total
3 474
-
8 018
-
Corporate
48 487
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.

43 638
62 100
-
-
total
43 638
62 100
-
-
Dividends
4 849
6 900
-
-
withholding
921
1 311
-
-
total
921
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 241
63 411
32 189
21 762
After tax
14 759
5 589
36 811
47 238
Living cost
10 832
10 832
10 832
10 832
Free-cash
3 927
-5 243
25 979
36 406

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2127
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
₴25400
₴18387
₴27847
₴26001
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
-
-
-
856
municipal
-
-
-
12 266
national
-
-
-
9 079
total
-
-
-
22 201
Employee
25 972
-
58 046
-
municipal
4 254
-
9 462
-
unemployment
390
-
870
-
pensions
1 753
-
3 918
-
national
429
-
5 769
-
health
194
-
688
-
total
7 020
-
20 707
-
Employer
25 972
-
58 046
-
health
200
-
447
-
pensions
4 506
-
10 071
-
accident
26
-
58
-
unemployment
169
-
378
-
total
4 901
-
10 954
-
Corporate
38 128
69 000
-
-
income
7 625
13 800
-
-
total
7 625
13 800
-
-
Dividends

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

22 877
41 400
-
-
municipal
4 118
7 452
-
-
national
383
3 396
-
-
total
4 501
10 848
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 047
24 648
31 661
22 201
After tax
44 953
44 352
37 339
46 799
Living cost
18 952
18 952
18 952
18 952
Free-cash
26 001
25 400
18 387
27 847

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
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
₴38966
₴35976
₴36632
₴36279
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
-
-
-
11 193
social contributions
-
-
-
7 987
health
-
-
-
1 759
total
-
-
-
20 939
Employee
37 959
37 959
63 574
-
social contributions
1 435
3 150
4 249
-
income
4 133
3 514
10 840
-
health
294
645
1 081
-
total
5 862
7 309
16 170
-
Employer
37 959
37 959
63 574
-
health
319
703
1 176
-
social contributions
1 435
3 150
4 249
-
total
1 754
3 853
5 425
-
Corporate
49 954
27 188
-
-
income
6 245
3 399
-
-
total
6 245
3 399
-
-
Dividends
43 709
23 789
-
-
withholding
7 431
4 044
-
-
total
7 431
4 044
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 292
18 605
21 595
20 939
After tax
47 708
50 395
47 405
48 061
Living cost
11 429
11 429
11 429
11 429
Free-cash
36 279
38 966
35 976
36 632

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
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.
₴3206
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
₴49301
₴39449
₴49350
₴46790
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
income
-
-
-
6 872
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
11 812
Employee

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

11 331
-
64 176
-
unemployment
56
-
234
-
pensions
1 699
-
7 026
-
income
775
-
5 648
-
health
963
-
3 981
-
total
3 493
-
16 889
-
Employer

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

11 331
-
64 176
-
health
487
-
2 014
-
pensions
623
-
2 576
-
unemployment
56
-
234
-
total
1 166
-
4 824
-
Corporate
56 503
69 000
-
-
income
5 085
6 210
-
-
total
5 085
6 210
-
-
Dividends
51 418
62 790
-
-
withholding
4 628
5 651
-
-
total
4 628
5 651
-
-
Income
69 000
69 000
69 000
69 000
Total tax
14 372
11 861
21 713
11 812
After tax
54 628
57 139
47 287
57 188
Living cost
7 838
7 838
7 838
7 838
Free-cash
46 790
49 301
39 449
49 350

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴32634
₴22902
₴25275
₴30282
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
accident
-
-
-
412
income
-
-
-
16 424
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
30 150
Employee
18 253
-
54 413
-
other
18
-
46
-
unemployment
283
-
709
-
pensions
858
-
2 151
-
income
3 519
-
15 031
-
total
4 678
-
17 937
-
Employer
18 253
-
54 413
-
pensions
4 307
-
10 798
-
accident
362
-
906
-
unemployment
1 004
-
2 516
-
other
146
-
366
-
total
5 819
-
14 586
-
Corporate
44 928
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.

6 739
10 350
-
-
total
6 739
10 350
-
-
Dividends
38 188
58 650
-
-
withholding
7 907
12 441
-
-
total
7 907
12 441
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 143
22 791
32 523
30 150
After tax
43 857
46 209
36 477
38 850
Living cost
13 575
13 575
13 575
13 575
Free-cash
30 282
32 634
22 902
25 275

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴2869
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
₴42095
₴43256
₴43325
₴41938
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
-
-
-
23 505
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
24 714
Employee
1 464
-
68 211
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
23 468
-
health
73
-
175
-
total
503
-
23 994
-
Employer
1 464
-
68 211
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
67 206
69 000
-
-
income
14 785
15 180
-
-
total
14 785
15 180
-
-
Dividends
52 421
53 820
-
-
withholding
10 484
10 764
-
-
total
10 484
10 764
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 101
25 944
24 783
24 714
After tax
42 899
43 056
44 217
44 286
Living cost
961
961
961
961
Free-cash
41 938
42 095
43 256
43 325

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴41315
₴31484
₴31485
₴38887
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
income
-
-
-
15 188
unemployment
-
-
-
547
health
-
-
-
3 758
pensions
-
-
-
9 485
total
-
-
-
28 978
Employee

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

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

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

12 873
-
62 470
-
unemployment
97
-
274
-
pensions
1 802
-
5 107
-
income
1 774
-
15 188
-
health
663
-
1 879
-
total
4 336
-
22 448
-
Employer

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

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

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

12 873
-
62 470
-
health
663
-
1 879
-
pensions
1 545
-
4 378
-
unemployment
97
-
274
-
total
2 305
-
6 531
-
Corporate
53 823
69 000
-
-
income
8 073
10 350
-
-
total
8 073
10 350
-
-
Dividends
45 749
58 650
-
-
withholding
6 862
8 798
-
-
total
6 862
8 798
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 576
19 148
28 979
28 978
After tax
47 424
49 852
40 021
40 022
Living cost
8 537
8 537
8 537
8 537
Free-cash
38 887
41 315
31 484
31 485

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
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.
₴1882
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
₴25939
₴19566
₴24257
₴25761
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
income
-
-
-
7 458
surtax
-
-
-
-
social contributions

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

-
-
-
23 977
total
-
-
-
31 435
Employee
19 160
-
55 758
-
surtax
-
-
-
-
social contributions
2 108
-
6 133
-
income
3 744
-
16 751
-
total
5 852
-
22 884
-
Employer
19 160
-
55 758
-
social contributions
4 550
-
13 242
-
total
4 550
-
13 242
-
Corporate
45 290
69 000
-
-
income
9 511
14 490
-
-
surtax
-
-
-
-
total
9 511
14 490
-
-
Dividends
35 779
54 510
-
-
withholding
10 018
15 263
-
-
total
10 018
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 931
29 753
36 126
31 435
After tax
39 069
39 247
32 874
37 565
Living cost
13 308
13 308
13 308
13 308
Free-cash
25 761
25 939
19 566
24 257

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
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.
₴2722
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
₴28860
₴19128
₴21501
₴25334
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
accident
-
-
-
412
income
-
-
-
16 424
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
30 150
Employee
23 841
-
54 413
-
other
23
-
46
-
unemployment
369
-
709
-
pensions
1 120
-
2 151
-
income
4 979
-
15 031
-
total
6 491
-
17 937
-
Employer
23 841
-
54 413
-
pensions
5 626
-
10 798
-
accident
472
-
906
-
unemployment
1 312
-
2 516
-
other
191
-
366
-
total
7 601
-
14 586
-
Corporate
37 558
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.

5 634
10 350
-
-
total
5 634
10 350
-
-
Dividends
31 924
58 650
-
-
withholding
6 591
12 441
-
-
total
6 591
12 441
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 317
22 791
32 523
30 150
After tax
42 683
46 209
36 477
38 850
Living cost
17 349
17 349
17 349
17 349
Free-cash
25 334
28 860
19 128
21 501

Estimated living cost  is ₴17349 per week

₴12459
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.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3297
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
₴50491
₴48047
₴45536
₴47477
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
-
-
-
10 350
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
14 960
Employee
11 260
-
65 612
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
6 561
-
health
518
-
794
-
total
2 757
-
9 061
-
Employer
11 260
-
65 612
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
55 531
69 000
-
-
income
5 553
6 900
-
-
total
5 553
6 900
-
-
Dividends
49 978
62 100
-
-
withholding
2 499
3 105
-
-
total
2 499
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 019
10 005
12 449
14 960
After tax
55 981
58 995
56 551
54 040
Living cost
8 504
8 504
8 504
8 504
Free-cash
47 477
50 491
48 047
45 536

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2190
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
₴16481
₴26169
₴19561
₴22941
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
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.

-
-
-
19 338
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.

-
-
-
1 063
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.

-
-
-
3 372
trade
-
-
-
6 608
total
-
-
-
30 381
Employee

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

24 562
-
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.

111
-
1 063
-
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.

2 020
-
19 338
-
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.

3 372
-
3 372
-
total
5 503
-
23 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 438
69 000
-
-
income
6 665
10 350
-
-
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.

366
570
-
-
chamber of commerce
141
176
-
-
trade
6 377
9 902
-
-
total
13 549
20 998
-
-
Dividends
30 889
48 003
-
-
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.

414
650
-
-
withholding
7 535
11 813
-
-
total
7 949
12 463
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 001
33 461
23 773
30 381
After tax
41 999
35 539
45 227
38 619
Living cost
19 058
19 058
19 058
19 058
Free-cash
22 941
16 481
26 169
19 561

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3584
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
₴20180
₴10345
₴10345
₴21270
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
-
-
-
19 440
social contributions
-
-
-
11 095
total
-
-
-
30 535
Employee
38 614
-
69 000
-
income
7 286
-
19 440
-
social contributions
3 208
-
11 095
-
total
10 494
-
30 535
-
Employer
38 614
-
69 000
-
total
-
-
-
-
Corporate
30 386
69 000
-
-
income
3 799
8 625
-
-
total
3 799
8 625
-
-
Dividends
26 587
60 375
-
-
withholding
5 317
12 075
-
-
total
5 317
12 075
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 610
20 700
30 535
30 535
After tax
49 390
48 300
38 465
38 465
Living cost
28 120
28 120
28 120
28 120
Free-cash
21 270
20 180
10 345
10 345

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴4167
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
₴24322
₴32235
₴34045
₴26047
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
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
66 729
-
income
2 457
-
14 303
-
social contributions
2 269
-
2 271
-
total
4 726
-
16 574
-
Employer
22 646
-
66 729
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
44 085
69 000
-
-
income
15 430
24 150
-
-
total
15 430
24 150
-
-
Dividends
28 656
44 850
-
-
social contributions
2 608
2 608
-
-
total
2 608
2 608
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 033
26 758
18 845
17 035
After tax
43 967
42 242
50 155
51 965
Living cost
17 920
17 920
17 920
17 920
Free-cash
26 047
24 322
32 235
34 045

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
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.
₴4428
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
₴28821
₴22496
₴28839
₴30704
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
-
-
-
17 869
pensions
-
-
-
4 066
total
-
-
-
21 935
Employee
25 018
-
60 436
-
pensions
1 909
-
5 129
-
income
4 556
-
13 641
-
health
326
-
944
-
total
6 791
-
19 714
-
Employer
25 018
-
60 436
-
health
475
-
1 149
-
pensions
2 528
-
7 415
-
total
3 003
-
8 564
-
Corporate
40 979
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.

7 786
13 110
-
-
total
7 786
13 110
-
-
Dividends
33 193
55 890
-
-
withholding
2 490
8 843
-
-
total
2 490
8 843
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 070
21 953
28 278
21 935
After tax
48 930
47 047
40 722
47 065
Living cost
18 226
18 226
18 226
18 226
Free-cash
30 704
28 821
22 496
28 839

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3818
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
-₴6316
₴24906
₴35333
₴3762
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
accident
-
-
-
126
income
-
-
-
18 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
21 762
Employee
18 727
-
60 982
-
pensions
2 109
-
3 813
-
income
2 569
-
13 376
-
health
2 144
-
6 982
-
total
6 822
-
24 171
-
Employer
18 727
-
60 982
-
pensions
3 045
-
5 506
-
accident
313
-
1 018
-
unemployment
459
-
1 494
-
total
3 817
-
8 018
-
Corporate
46 457
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.

41 811
62 100
-
-
total
41 811
62 100
-
-
Dividends
4 646
6 900
-
-
withholding
883
1 311
-
-
total
883
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 333
63 411
32 189
21 762
After tax
15 667
5 589
36 811
47 238
Living cost
11 905
11 905
11 905
11 905
Free-cash
3 762
-6 316
24 906
35 333

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
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
₴51394
₴40367
₴32250
₴49083
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
-
-
-
11 105
unemployment
-
-
-
828
work injury
-
-
-
345
health insurance
-
-
-
5 106
pensions
-
-
-
12 696
total
-
-
-
30 080
Employee

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

10 671
-
69 000
-
health insurance
790
-
2 922
-
unemployment
128
-
474
-
work injury
53
-
197
-
pensions
1 964
-
7 265
-
income
1 067
-
11 105
-
total
4 002
-
21 963
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 329
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%.

583
690
-
-
total
583
690
-
-
Dividends
57 745
68 310
-
-
withholding
8 662
10 246
-
-
total
8 662
10 246
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 247
10 936
21 963
30 080
After tax
55 753
58 064
47 037
38 920
Living cost
6 670
6 670
6 670
6 670
Free-cash
49 083
51 394
40 367
32 250

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴1845
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
₴16678
₴10383
₴13538
₴14432
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
regional
-
-
-
1 559
municipal
-
-
-
461
national
-
-
-
16 029
total
-
-
-
35 796
Employee
41 598
-
69 000
-
municipal
248
-
411
-
national
7 030
-
13 931
-
regional
628
-
1 342
-
social contributions
14 027
-
23 267
-
total
21 933
-
38 951
-
Employer
41 598
-
69 000
-
total
-
-
-
-
Corporate
27 402
69 000
-
-
municipal
1 321
3 326
-
-
nationa
6 576
16 560
-
-
total
7 897
19 886
-
-
Dividends
19 505
49 115
-
-
withholding
5 072
12 770
-
-
total
5 072
12 770
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 902
32 656
38 951
35 796
After tax
34 098
36 344
30 049
33 204
Living cost
19 666
19 666
19 666
19 666
Free-cash
14 432
16 678
10 383
13 538

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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