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
₴29895
₴19190
₴22810
₴24904
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.

-
-
-
18 889
trade
-
-
-
7 085
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.

-
-
-
3 529
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.

-
-
-
1 039
total
-
-
-
30 542
Employee

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

19 759
-
69 000
-
surtax

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

30
-
1 039
-
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.

3 529
-
3 529
-
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.

552
-
18 889
-
total
4 111
-
23 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 241
69 000
-
-
income
7 386
10 350
-
-
trade
7 756
10 867
-
-
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.

406
570
-
-
chamber of commerce
149
177
-
-
total
15 697
21 964
-
-
Dividends
33 544
47 036
-
-
withholding
8 190
11 562
-
-
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.

450
636
-
-
total
8 640
12 198
-
-
Income
69 000
69 000
69 000
69 000
Total tax
28 448
34 162
23 457
30 542
After tax
40 552
34 838
45 543
38 458
Living cost
15 648
15 648
15 648
15 648
Free-cash
24 904
19 190
29 895
22 810

Estimated living cost  is ₴15648 per week

₴9843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3688
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
₴14517
₴15865
₴13975
₴15413
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
pensions
-
-
-
8 280
social contributions
-
-
-
742
municipal
-
-
-
7 378
national
-
-
-
11 434
total
-
-
-
27 834
Employee
42 151
-
59 650
-
municipal
5 206
-
7 646
-
pensions
1 686
-
2 386
-
national
8 068
-
11 847
-
total
14 960
-
21 879
-
Employer
42 151
-
59 650
-
social contributions
453
-
641
-
pensions
3 372
-
4 772
-
total
3 825
-
5 413
-
Corporate
20 242
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%.

4 048
13 800
-
-
total
4 048
13 800
-
-
Dividends
16 193
55 200
-
-
withholding
3 563
12 144
-
-
total
3 563
12 144
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 396
25 944
27 292
27 834
After tax
42 604
43 056
41 708
41 166
Living cost
27 191
27 191
27 191
27 191
Free-cash
15 413
15 865
14 517
13 975

Estimated living cost  is ₴27191 per week

₴18481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴407
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.
₴5775
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
₴27947
₴44452
₴10135
₴40214
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
-
-
-
10 729
microenterprise
-
-
-
-
social contributions

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

-
-
-
19 793
surtax
-
-
-
17 595
total
-
-
-
48 117
Employee
15 095
-
55 604
-
surtax
-
-
-
-
social contributions

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

1 661
-
6 116
-
income
2 687
-
10 793
-
total
4 348
-
16 909
-
Employer
15 095
-
55 604
-
surtax
-
-
-
-
social contributions

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

3 636
-
13 396
-
total
3 636
-
13 396
-
Corporate
50 268
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%.

10 054
13 800
-
-
total
10 054
13 800
-
-
Dividends

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

40 215
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
18 038
13 800
30 305
48 117
After tax
50 962
55 200
38 695
20 883
Living cost
10 748
10 748
10 748
10 748
Free-cash
40 214
44 452
27 947
10 135

Estimated living cost  is ₴10748 per week

₴6857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2623
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
₴18114
₴12192
₴17983
₴9028
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
-
-
-
16 953
pensions
-
-
-
6 053
health
-
-
-
6 370
total
-
-
-
29 376
Employee
44 116
44 116
59 399
-
pensions
7 941
6 053
6 053
-
health
6 771
5 760
6 370
-
income

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

7 221
7 221
7 221
-
total
21 933
19 034
19 644
-
Employer
44 116
44 116
59 399
-
health
3 067
3 067
3 811
-
unemployment
1 588
1 588
1 973
-
pensions
3 070
3 070
3 817
-
total
7 725
7 725
9 601
-
Corporate
17 700
17 159
-
-
income
3 540
3 432
-
-
total
3 540
3 432
-
-
Dividends
14 160
13 727
-
-
income
3 009
2 917
-
-
withholding
2 124
2 059
-
-
total
5 133
4 976
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 331
35 167
29 245
29 376
After tax
30 669
33 833
39 755
39 624
Living cost
21 641
21 641
21 641
21 641
Free-cash
9 028
12 192
18 114
17 983

Estimated living cost  is ₴21641 per week

₴15337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴344
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.
₴4010
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
₴15027
₴16639
₴15593
₴16167
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
pensions
-
-
-
4 984
other
-
-
-
5 357
unemployment
-
-
-
46
accident
-
-
-
92
health
-
-
-
2 877
municipal
-
-
-
16 593
national
-
-
-
2 423
total
-
-
-
32 372
Employee
29 973
-
54 515
-
municipal
8 938
-
16 256
-
national
-
-
2 197
-
total
8 938
-
18 453
-
Employer
29 973
-
54 515
-
accident
60
-
92
-
other
3 483
-
5 357
-
health
1 843
-
2 835
-
unemployment
791
-
1 217
-
pensions
3 240
-
4 984
-
total
9 417
-
14 485
-
Corporate
29 610
69 000
-
-
income
6 514
15 180
-
-
total
6 514
15 180
-
-
Dividends
23 096
53 820
-
-
withholding
6 929
16 146
-
-
total
6 929
16 146
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 798
31 326
32 938
32 372
After tax
37 202
37 674
36 062
36 628
Living cost
21 035
21 035
21 035
21 035
Free-cash
16 167
16 639
15 027
15 593

Estimated living cost  is ₴21035 per week

₴13941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2064
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.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴25249
₴14188
₴17849
₴21448
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.

-
-
-
18 889
trade
-
-
-
7 400
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.

-
-
-
3 529
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.

-
-
-
1 039
total
-
-
-
30 857
Employee

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

26 198
-
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.

124
-
1 039
-
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.

3 529
-
3 529
-
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.

2 251
-
18 889
-
total
5 904
-
23 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 802
69 000
-
-
income
6 420
10 350
-
-
trade
7 041
11 351
-
-
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.

353
570
-
-
chamber of commerce
139
176
-
-
total
13 953
22 447
-
-
Dividends
28 849
46 554
-
-
withholding
7 015
11 442
-
-
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.

386
629
-
-
total
7 401
12 071
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 258
34 518
23 457
30 857
After tax
41 742
34 482
45 543
38 143
Living cost
20 294
20 294
20 294
20 294
Free-cash
21 448
14 188
25 249
17 849

Estimated living cost  is ₴20294 per week

₴13573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4278
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
₴30792
₴33652
₴31507
₴31511
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
-
-
-
10 619
social contributions
-
-
-
8 358
health
-
-
-
1 760
total
-
-
-
20 737
Employee
39 724
39 724
63 381
-
social contributions
1 930
3 297
4 447
-
health
395
675
1 077
-
income
4 171
3 677
10 308
-
total
6 496
7 649
15 832
-
Employer
39 724
39 724
63 381
-
health
430
735
1 173
-
social contributions
1 930
3 297
4 447
-
total
2 360
4 032
5 620
-
Corporate
43 386
25 243
-
-
income
5 423
3 156
-
-
total
5 423
3 156
-
-
Dividends
37 963
22 088
-
-
withholding
6 454
3 755
-
-
total
6 454
3 755
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 733
18 592
21 452
20 737
After tax
48 267
50 408
47 548
48 263
Living cost
16 756
16 756
16 756
16 756
Free-cash
31 511
33 652
30 792
31 507

Estimated living cost  is ₴16756 per week

₴11454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
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.
₴3712
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
₴29544
₴28372
₴37344
₴28591
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
pensions
-
-
-
6 900
unemployment
-
-
-
1 035
health
-
-
-
4 830
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.

15 094
6 007
57 741
-
unemployment
226
90
866
-
pensions
1 509
601
5 774
-
health
1 057
421
4 042
-
income
1 845
734
7 059
-
total
4 637
1 846
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.

15 094
6 007
57 741
-
pensions
2 943
1 171
11 259
-
total
2 943
1 171
11 259
-
Corporate
50 963
61 821
-
-
income
4 587
5 564
-
-
total
4 587
5 564
-
-
Dividends
46 376
56 257
-
-
withholding
8 811
10 689
-
-
social contributions
8 975
10 902
-
-
total
17 786
21 591
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 953
30 172
29 000
21 200
After tax
39 047
38 828
40 000
47 800
Living cost
10 456
10 456
10 456
10 456
Free-cash
28 591
28 372
29 544
37 344

Estimated living cost  is ₴10456 per week

₴7136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
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.
₴2256
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
₴27293
₴42722
₴24507
₴39513
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
pensions
-
-
-
13 799
health
-
-
-
8 970
total
-
-
-
32 015
Employee
14 655
-
51 569
-
unemployment
234
-
825
-
pensions
293
-
1 031
-
income
1 650
-
9 943
-
total
2 177
-
11 799
-
Employer
14 655
-
51 569
-
health
1 905
-
6 704
-
unemployment
118
-
413
-
pensions
2 931
-
10 313
-
total
4 954
-
17 430
-
Corporate
49 391
69 000
-
-
income
9 878
13 800
-
-
total
9 878
13 800
-
-
Dividends
39 513
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
17 009
13 800
29 229
32 015
After tax
51 991
55 200
39 771
36 985
Living cost
12 478
12 478
12 478
12 478
Free-cash
39 513
42 722
27 293
24 507

Estimated living cost  is ₴12478 per week

₴8558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴743
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.
₴2925
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
₴25298
-₴5810
₴35850
₴3842
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
-
-
-
18 142
pensions
-
-
-
2 156
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 130
total
-
-
-
21 751
Employee
17 932
-
60 787
-
pensions
2 019
-
3 953
-
health
2 053
-
6 960
-
income
2 460
-
13 177
-
total
6 532
-
24 090
-
Employer
17 932
-
60 787
-
accident
299
-
1 015
-
unemployment
439
-
1 489
-
pensions
2 916
-
5 709
-
total
3 654
-
8 213
-
Corporate
47 413
69 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

42 672
62 100
-
-
total
42 672
62 100
-
-
Dividends
4 741
6 900
-
-
withholding
901
1 311
-
-
total
901
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 759
63 411
32 303
21 751
After tax
15 241
5 589
36 697
47 249
Living cost
11 400
11 400
11 400
11 400
Free-cash
3 842
-5 810
25 298
35 850

Estimated living cost  is ₴11400 per week

₴8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴632
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.
₴2175
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
₴50776
₴61126
₴63886
₴60296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
69 000
microenterprise

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

-
-
-
690
total
-
-
-
690
Employee
5 530
-
69 000
-
income
1 106
-
13 800
-
total
1 106
-
13 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

63 470
69 000
-
-
total
-
-
-
-
Dividends
63 470
69 000
-
-
withholding
3 174
3 450
-
-
total
3 174
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 280
3 450
13 800
690
After tax
64 720
65 550
55 200
68 310
Living cost
4 424
4 424
4 424
4 424
Free-cash
60 296
61 126
50 776
63 886

Estimated living cost  is ₴4424 per week

₴2742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴122
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.
₴1193
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
₴25869
₴36929
₴23016
₴33441
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
-
-
-
9 346
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
other
-
-
-
3 277
health
-
-
-
3 036
total
-
-
-
32 219
Employee
18 757
-
55 111
-
unemployment
187
-
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.

1 313
-
3 858
-
health
263
-
772
-
income
3 229
-
10 297
-
total
4 992
-
15 478
-
Employer
18 757
-
55 111
-
accident
150
-
441
-
other
938
-
2 756
-
health
263
-
772
-
unemployment
187
-
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.

3 189
-
9 368
-
total
4 727
-
13 888
-
Corporate
45 515
69 000
-
-
income
9 558
14 490
-
-
total
9 558
14 490
-
-
Dividends
35 957
54 510
-
-
withholding
2 517
3 816
-
-
total
2 517
3 816
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 794
18 306
29 366
32 219
After tax
47 206
50 694
39 634
36 781
Living cost
13 765
13 765
13 765
13 765
Free-cash
33 441
36 929
25 869
23 016

Estimated living cost  is ₴13765 per week

₴9726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴2888
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
₴6329
₴12847
₴12699
₴9814
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
-
-
-
17 329
pensions
-
-
-
4 224
total
-
-
-
21 553
Employee
49 164
-
60 484
-
pensions
4 743
-
5 361
-
health
810
-
965
-
income
8 862
-
13 081
-
total
14 415
-
19 407
-
Employer
49 164
-
60 484
-
health
934
-
1 149
-
pensions
5 805
-
7 367
-
total
6 739
-
8 516
-
Corporate
13 098
69 000
-
-
income

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

2 489
13 110
-
-
total
2 489
13 110
-
-
Dividends
10 609
55 890
-
-
withholding
795
8 295
-
-
total
795
8 295
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 438
21 405
27 923
21 553
After tax
44 562
47 595
41 077
47 447
Living cost
34 748
34 748
34 748
34 748
Free-cash
9 814
12 847
6 329
12 699

Estimated living cost  is ₴34748 per week

₴26038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4346
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
₴49390
₴52148
₴46932
₴49722
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
pensions

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

-
-
-
2 700
unemployment
-
-
-
73
health
-
-
-
2 098
total
-
-
-
15 221
Employee
9 066
-
65 421
-
pensions

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

796
-
1 602
-
health
417
-
839
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
income
906
-
6 542
-
total
2 219
-
9 184
-
Employer
9 066
-
65 421
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
health
626
-
1 259
-
unemployment
54
-
109
-
pensions

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

999
-
2 010
-
total
1 779
-
3 579
-
Corporate
58 155
69 000
-
-
income
5 816
6 900
-
-
total
5 816
6 900
-
-
Dividends
52 339
62 100
-
-
withholding
2 617
3 105
-
-
total
2 617
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 431
10 005
12 763
15 221
After tax
56 569
58 995
56 237
53 779
Living cost
6 847
6 847
6 847
6 847
Free-cash
49 722
52 148
49 390
46 932

Estimated living cost  is ₴6847 per week

₴3997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
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.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴11109
₴5187
₴10978
₴6488
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
-
-
-
16 953
pensions
-
-
-
6 053
health
-
-
-
6 370
total
-
-
-
29 376
Employee
47 896
44 116
59 399
-
pensions
6 053
6 053
6 053
-
health
5 975
5 760
6 370
-
income

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

7 221
7 221
7 221
-
total
19 249
19 034
19 644
-
Employer
47 896
44 116
59 399
-
health
3 328
3 067
3 811
-
unemployment
1 724
1 588
1 973
-
pensions
3 333
3 070
3 817
-
total
8 385
7 725
9 601
-
Corporate
12 718
17 159
-
-
income
2 544
3 432
-
-
total
2 544
3 432
-
-
Dividends
10 174
13 727
-
-
income
2 162
2 917
-
-
withholding
1 526
2 059
-
-
total
3 688
4 976
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 866
35 167
29 245
29 376
After tax
35 134
33 833
39 755
39 624
Living cost
28 646
28 646
28 646
28 646
Free-cash
6 488
5 187
11 109
10 978

Estimated living cost  is ₴28646 per week

₴21132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴4628
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
₴22111
₴34601
₴22043
₴29998
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
-
-
-
6 167
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 570
health
-
-
-
9 315
total
-
-
-
34 052
Employee
18 978
-
51 493
-
social contributions
1 234
-
3 347
-
solidarity contribution
-
-
-
-
health
2 562
-
6 951
-
income
2 277
-
6 179
-
total
6 073
-
16 477
-
Employer
18 978
-
51 493
-
health
1 708
-
4 634
-
social contributions
4 744
-
12 873
-
total
6 452
-
17 507
-
Corporate
43 570
69 000
-
-
income
8 278
13 110
-
-
total
8 278
13 110
-
-
Dividends
35 292
55 890
-
-
withholding
5 294
8 384
-
-
total
5 294
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 097
21 494
33 984
34 052
After tax
42 903
47 506
35 016
34 948
Living cost
12 905
12 905
12 905
12 905
Free-cash
29 998
34 601
22 111
22 043

Estimated living cost  is ₴12905 per week

₴8964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2769
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
₴9100
₴15015
₴12384
₴12318
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
regional
-
-
-
792
social contributions
-
-
-
17 746
municipal
-
-
-
410
national
-
-
-
15 869
total
-
-
-
34 817
Employee
45 913
-
69 000
-
municipal
243
-
366
-
social contributions
15 482
-
23 267
-
regional
433
-
697
-
national
7 956
-
13 771
-
total
24 114
-
38 101
-
Employer
45 913
-
69 000
-
total
-
-
-
-
Corporate
23 087
69 000
-
-
nationa
5 541
16 560
-
-
municipal
900
2 691
-
-
total
6 441
19 251
-
-
Dividends
16 647
49 749
-
-
withholding
4 328
12 935
-
-
total
4 328
12 935
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 883
32 186
38 101
34 817
After tax
34 117
36 814
30 899
34 183
Living cost
21 799
21 799
21 799
21 799
Free-cash
12 318
15 015
9 100
12 384

Estimated living cost  is ₴21799 per week

₴15195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴334
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.
₴4839
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
₴20190
₴32001
₴21339
₴30394
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
-
-
-
15 335
pensions
-
-
-
13 790
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
4 895
surtax
-
-
-
2 123
total
-
-
-
36 261
Employee
17 084
-
57 001
-
unemployment
1 189
-
3 967
-
surtax
56
-
1 942
-
pensions
1 139
-
3 802
-
health
436
-
1 454
-
other
-
-
-
-
income
2 864
-
14 246
-
total
5 684
-
25 411
-
Employer
17 084
-
57 001
-
other
-
-
-
-
health
777
-
2 593
-
unemployment
541
-
1 807
-
pensions
2 277
-
7 599
-
total
3 595
-
11 999
-
Corporate
48 320
69 000
-
-
income
12 563
17 940
-
-
total
12 563
17 940
-
-
Dividends
35 757
51 060
-
-
withholding
5 364
7 659
-
-
total
5 364
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 206
25 599
37 410
36 261
After tax
41 794
43 401
31 590
32 739
Living cost
11 400
11 400
11 400
11 400
Free-cash
30 394
32 001
20 190
21 339

Estimated living cost  is ₴11400 per week

₴6970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3115
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
₴17338
₴23856
₴23708
₴23871
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
-
-
-
17 329
pensions
-
-
-
4 224
total
-
-
-
21 553
Employee
32 948
-
60 484
-
pensions
2 797
-
5 361
-
health
478
-
965
-
income
5 934
-
13 081
-
total
9 209
-
19 407
-
Employer
32 948
-
60 484
-
health
626
-
1 149
-
pensions
3 567
-
7 367
-
total
4 193
-
8 516
-
Corporate
31 859
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.

6 053
13 110
-
-
total
6 053
13 110
-
-
Dividends
25 806
55 890
-
-
withholding
1 935
8 295
-
-
total
1 935
8 295
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 390
21 405
27 923
21 553
After tax
47 610
47 595
41 077
47 447
Living cost
23 739
23 739
23 739
23 739
Free-cash
23 871
23 856
17 338
23 708

Estimated living cost  is ₴23739 per week

₴17785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3926
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
₴11979
-₴9984
₴15381
₴7785
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
regional
-
-
-
2 783
pensions
-
-
-
6 349
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
city
-
-
-
728
health
-
-
-
156
national
-
-
-
687
total
-
-
-
12 083
Employee
48 608
-
61 760
-
city
522
-
664
-
unemployment
-
-
-
-
pensions
4 084
-
5 187
-
regional
1 592
-
2 395
-
health
110
-
139
-
national
230
-
539
-
total
6 538
-
8 924
-
Employer
48 608
-
61 760
-
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.

972
-
1 235
-
health
110
-
139
-
unemployment
-
-
-
-
pensions
4 084
-
5 187
-
total
5 166
-
6 561
-
Corporate
14 692
69 000
-
-
national
1 249
5 865
-
-
regional
3 108
14 594
-
-
total
4 357
20 459
-
-
Dividends
10 335
48 541
-
-
withholding
3 618
16 989
-
-
total
3 618
16 989
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 679
37 448
15 485
12 083
After tax
49 321
31 552
53 515
56 917
Living cost
41 536
41 536
41 536
41 536
Free-cash
7 785
-9 984
11 979
15 381

Estimated living cost  is ₴41536 per week

₴27010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴510
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.
₴10288
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
₴21877
₴10461
₴14163
₴18840
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.

-
-
-
18 889
trade
-
-
-
7 714
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.

-
-
-
3 529
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.

-
-
-
1 039
total
-
-
-
31 171
Employee

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

31 047
-
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.

201
-
1 039
-
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.

3 529
-
3 529
-
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.

3 651
-
18 889
-
total
7 381
-
23 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 953
69 000
-
-
income
5 693
10 350
-
-
trade
6 509
11 834
-
-
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.

313
570
-
-
chamber of commerce
131
175
-
-
total
12 646
22 929
-
-
Dividends
25 307
46 072
-
-
withholding
6 130
11 321
-
-
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.

337
623
-
-
total
6 467
11 944
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 494
34 873
23 457
31 171
After tax
42 506
34 127
45 543
37 829
Living cost
23 666
23 666
23 666
23 666
Free-cash
18 840
10 461
21 877
14 163

Estimated living cost  is ₴23666 per week

₴17285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4181
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
₴22708
₴17100
₴21564
₴20151
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
-
-
-
9 024
pensions
-
-
-
14 401
social contributions
-
-
-
1 967
other
-
-
-
2 139
health
-
-
-
2 230
surtax
-
-
-
-
total
-
-
-
29 761
Employee
22 110
-
54 695
-
surtax
-
-
-
-
pensions
2 500
-
3 267
-
social contributions
630
-
1 559
-
income
1 305
-
9 485
-
total
4 435
-
14 311
-
Employer
22 110
-
54 695
-
other
763
-
1 905
-
health
1 548
-
4 426
-
unemployment
895
-
2 216
-
social contributions
67
-
164
-
pensions
3 632
-
5 595
-
total
6 905
-
14 306
-
Corporate
39 986
69 000
-
-
income
11 196
19 320
-
-
surtax
-
-
-
-
total
11 196
19 320
-
-
Dividends
28 790
49 680
-
-
withholding
3 685
6 360
-
-
surtax
-
-
-
-
social contributions
4 953
8 545
-
-
total
8 638
14 905
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 174
34 225
28 617
29 761
After tax
37 826
34 775
40 383
39 239
Living cost
17 675
17 675
17 675
17 675
Free-cash
20 151
17 100
22 708
21 564

Estimated living cost  is ₴17675 per week

₴11145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Nice model

Close
Marseille , France
₴24459
₴18851
₴23315
₴21723
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
-
-
-
9 024
pensions
-
-
-
14 401
social contributions
-
-
-
1 967
other
-
-
-
2 139
health
-
-
-
2 230
surtax
-
-
-
-
total
-
-
-
29 761
Employee
19 736
-
54 695
-
surtax
-
-
-
-
pensions
2 232
-
3 267
-
social contributions
563
-
1 559
-
income
1 018
-
9 485
-
total
3 813
-
14 311
-
Employer
19 736
-
54 695
-
other
681
-
1 905
-
health
1 381
-
4 426
-
unemployment
799
-
2 216
-
social contributions
59
-
164
-
pensions
3 243
-
5 595
-
total
6 163
-
14 306
-
Corporate
43 100
69 000
-
-
income
12 068
19 320
-
-
surtax
-
-
-
-
total
12 068
19 320
-
-
Dividends
31 032
49 680
-
-
withholding
3 972
6 360
-
-
surtax
-
-
-
-
social contributions
5 337
8 545
-
-
total
9 309
14 905
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 353
34 225
28 617
29 761
After tax
37 647
34 775
40 383
39 239
Living cost
15 924
15 924
15 924
15 924
Free-cash
21 723
18 851
24 459
23 315

Estimated living cost  is ₴15924 per week

₴9235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
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.
₴4769
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
₴32581
₴31142
₴33358
₴31411
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
17 516
-
69 000
-
social contributions
2 418
-
9 522
-
health
1 222
-
4 816
-
income
2 921
-
11 127
-
total
6 561
-
25 465
-
Employer
17 516
-
69 000
-
total
-
-
-
-
Corporate
51 484
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%.

2 574
3 450
-
-
total
2 574
3 450
-
-
Dividends
48 910
65 550
-
-
withholding
7 336
9 833
-
-
health
3 414
4 575
-
-
social contributions
6 750
9 046
-
-
total
17 500
23 454
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 635
26 904
25 465
24 688
After tax
42 365
42 096
43 535
44 312
Living cost
10 954
10 954
10 954
10 954
Free-cash
31 411
31 142
32 581
33 358

Estimated living cost  is ₴10954 per week

₴7331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2695
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
₴500
₴20183
₴16625
₴19388
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
-
-
-
14 845
pensions
-
-
-
11 165
unemployment
-
-
-
3 168
health
-
-
-
4 616
chamber of commerce
-
-
-
276
surtax
-
-
-
102
total
-
-
-
34 172
Employee
25 818
20 587
53 502
-
unemployment
774
618
1 605
-
pensions
2 644
2 108
5 478
-
health
999
797
2 071
-
other
258
206
535
-
income
2 939
1 519
12 225
-
total
7 614
5 248
21 914
-
Employer
25 818
20 587
53 502
-
surtax
102
102
102
-
accident
335
268
695
-
other
1 226
977
2 541
-
health
975
778
2 022
-
unemployment
774
618
1 605
-
chamber of commerce
103
82
214
-
payroll
774
618
1 605
-
pensions
3 240
2 584
6 714
-
total
7 529
6 027
15 498
-
Corporate
35 651
42 385
51 541
-
income

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

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

8 912
10 597
12 885
-
total
8 912
10 597
12 885
-
Dividends
26 739
31 789
-
-
withholding
7 354
8 742
-
-
total
7 354
8 742
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 409
30 614
50 297
34 172
After tax
37 591
38 386
18 703
34 828
Living cost
18 203
18 203
18 203
18 203
Free-cash
19 388
20 183
500
16 625

Estimated living cost  is ₴18203 per week

₴12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4211
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
₴6686
₴19799
₴11804
₴12053
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.

-
-
-
3 486
social contributions
-
-
-
10 905
national
-
-
-
23 969
total
-
-
-
38 360
Employee

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

36 953
-
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.

322
-
465
-
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.

2 771
-
4 008
-
communal

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

1 927
-
2 787
-
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.

1 736
-
2 512
-
national
11 361
-
18 149
-
total
18 117
-
27 921
-
Employer

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

36 953
-
53 442
-
surtax
4 190
-
6 061
-
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.

480
-
695
-
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.

2 272
-
3 286
-
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.

539
-
780
-
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.

3 274
-
4 735
-
total
10 755
-
15 557
-
Corporate
21 291
69 000
-
-
income
4 258
13 800
-
-
surtax
85
276
-
-
total
4 343
14 076
-
-
Dividends
16 948
54 923
-
-
withholding

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

4 896
16 289
-
-
total
4 896
16 289
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 111
30 365
43 478
38 360
After tax
30 889
38 635
25 522
30 640
Living cost
18 836
18 836
18 836
18 836
Free-cash
12 053
19 799
6 686
11 804

Estimated living cost  is ₴18836 per week

₴12133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4762
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
₴17494
₴27601
₴19978
₴23677
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
-
-
-
16 001
pensions
-
-
-
13 550
other
-
-
-
48
unemployment
-
-
-
335
accident
-
-
-
431
total
-
-
-
30 365
Employee
25 715
-
53 735
-
unemployment
399
-
742
-
pensions
1 209
-
2 251
-
other
25
-
48
-
income
5 426
-
14 543
-
total
7 059
-
17 584
-
Employer
25 715
-
53 735
-
accident
509
-
948
-
other
205
-
383
-
unemployment
1 415
-
2 633
-
pensions
6 068
-
11 301
-
total
8 197
-
15 265
-
Corporate
35 088
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.

5 264
10 350
-
-
total
5 264
10 350
-
-
Dividends
29 825
58 650
-
-
withholding
6 146
12 392
-
-
total
6 146
12 392
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 666
22 742
32 849
30 365
After tax
42 334
46 258
36 151
38 635
Living cost
18 657
18 657
18 657
18 657
Free-cash
23 677
27 601
17 494
19 978

Estimated living cost  is ₴18657 per week

₴13739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3325
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
₴11255
₴13368
₴8504
₴8036
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
-
-
-
8 869
communal
-
-
-
4 361
pensions
-
-
-
10 343
accident
-
-
-
581
health
-
-
-
4 848
surtax
-
-
-
3 420
total
-
-
-
32 422
Employee
39 122
-
61 635
-
surtax
2 398
-
3 777
-
pensions
3 129
-
4 931
-
health
1 741
-
2 742
-
income
3 779
-
10 856
-
total
11 047
-
22 306
-
Employer
39 122
-
61 635
-
accident
352
-
555
-
health
1 193
-
1 879
-
pensions
3 129
-
4 931
-
total
4 674
-
7 365
-
Corporate
25 204
69 000
-
-
income
3 780
10 350
-
-
surtax
265
724
-
-
communal
1 701
4 658
-
-
total
5 746
15 732
-
-
Dividends
19 458
53 268
-
-
income
8 504
3 836
-
-
withholding
2 919
7 990
-
-
total
11 423
11 826
-
-
Income
69 000
69 000
69 000
69 000
Total tax
32 890
27 558
29 671
32 422
After tax
36 110
41 442
39 329
36 578
Living cost
28 074
28 074
28 074
28 074
Free-cash
8 036
13 368
11 255
8 504

Estimated living cost  is ₴28074 per week

₴21060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1701
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.
₴5015
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
₴19986
₴31797
₴21135
₴30153
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
-
-
-
15 335
pensions
-
-
-
13 790
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
4 895
surtax
-
-
-
2 123
total
-
-
-
36 261
Employee
17 397
-
57 001
-
unemployment
1 211
-
3 967
-
surtax
62
-
1 942
-
pensions
1 161
-
3 802
-
health
444
-
1 454
-
other
-
-
-
-
income
2 917
-
14 246
-
total
5 795
-
25 411
-
Employer
17 397
-
57 001
-
other
-
-
-
-
health
791
-
2 593
-
unemployment
552
-
1 807
-
pensions
2 320
-
7 599
-
total
3 663
-
11 999
-
Corporate
47 940
69 000
-
-
income
12 464
17 940
-
-
total
12 464
17 940
-
-
Dividends
35 476
51 060
-
-
withholding
5 321
7 659
-
-
total
5 321
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 243
25 599
37 410
36 261
After tax
41 757
43 401
31 590
32 739
Living cost
11 604
11 604
11 604
11 604
Free-cash
30 153
31 797
19 986
21 135

Estimated living cost  is ₴11604 per week

₴7006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3320
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
₴16751
₴22352
₴20018
₴21205
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
regional
-
-
-
1 041
social contributions
-
-
-
17 746
municipal
-
-
-
410
national
-
-
-
15 869
total
-
-
-
35 066
Employee
28 657
-
69 000
-
municipal
152
-
366
-
social contributions
9 663
-
23 267
-
regional
386
-
929
-
national
4 540
-
13 771
-
total
14 741
-
38 333
-
Employer
28 657
-
69 000
-
total
-
-
-
-
Corporate
40 343
69 000
-
-
nationa
9 682
16 560
-
-
municipal
2 005
3 429
-
-
total
11 687
19 989
-
-
Dividends
28 656
49 011
-
-
withholding
7 451
12 743
-
-
total
7 451
12 743
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 879
32 732
38 333
35 066
After tax
35 121
36 268
30 667
33 934
Living cost
13 916
13 916
13 916
13 916
Free-cash
21 205
22 352
16 751
20 018

Estimated living cost  is ₴13916 per week

₴8655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
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.
₴3614
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
₴19114
₴31604
₴19046
₴25932
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
-
-
-
6 167
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 570
health
-
-
-
9 315
total
-
-
-
34 052
Employee
23 386
-
51 493
-
social contributions
1 520
-
3 347
-
solidarity contribution
-
-
-
-
health
3 157
-
6 951
-
income
2 806
-
6 179
-
total
7 483
-
16 477
-
Employer
23 386
-
51 493
-
health
2 105
-
4 634
-
social contributions
5 846
-
12 873
-
total
7 951
-
17 507
-
Corporate
37 663
69 000
-
-
income
7 156
13 110
-
-
total
7 156
13 110
-
-
Dividends
30 507
55 890
-
-
withholding
4 576
8 384
-
-
total
4 576
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 166
21 494
33 984
34 052
After tax
41 834
47 506
35 016
34 948
Living cost
15 902
15 902
15 902
15 902
Free-cash
25 932
31 604
19 114
19 046

Estimated living cost  is ₴15902 per week

₴11826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
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.
₴2920
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
₴2239
₴21960
₴18448
₴21708
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
-
-
-
14 845
pensions
-
-
-
11 165
unemployment
-
-
-
3 168
health
-
-
-
4 616
chamber of commerce
-
-
-
276
surtax
-
-
-
-
total
-
-
-
34 070
Employee
22 582
20 587
53 579
-
unemployment
677
618
1 608
-
pensions
2 313
2 108
5 486
-
health
873
797
2 073
-
other
225
206
536
-
income
2 012
1 519
12 251
-
total
6 100
5 248
21 954
-
Employer
22 582
20 587
53 579
-
surtax
-
-
-
-
accident
293
268
696
-
other
1 073
977
2 545
-
health
854
778
2 025
-
unemployment
677
618
1 608
-
chamber of commerce
90
82
215
-
payroll
677
618
1 608
-
pensions
2 834
2 584
6 724
-
total
6 498
5 925
15 421
-
Corporate
39 919
42 487
51 618
-
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.

9 980
10 622
12 904
-
total
9 980
10 622
12 904
-
Dividends
29 939
31 865
-
-
withholding
8 233
8 763
-
-
total
8 233
8 763
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 811
30 558
50 279
34 070
After tax
38 189
38 442
18 721
34 930
Living cost
16 481
16 481
16 481
16 481
Free-cash
21 708
21 960
2 239
18 448

Estimated living cost  is ₴16481 per week

₴9887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1683
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.
₴4617
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
₴48306
₴58656
₴61416
₴57363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
69 000
microenterprise

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

-
-
-
690
total
-
-
-
690
Employee
8 617
-
69 000
-
income
1 724
-
13 800
-
total
1 724
-
13 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

60 383
69 000
-
-
total
-
-
-
-
Dividends
60 383
69 000
-
-
withholding
3 019
3 450
-
-
total
3 019
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 743
3 450
13 800
690
After tax
64 257
65 550
55 200
68 310
Living cost
6 894
6 894
6 894
6 894
Free-cash
57 363
58 656
48 306
61 416

Estimated living cost  is ₴6894 per week

₴4665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1708
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
₴19106
₴33651
₴20960
₴29331
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
-
-
-
14 689
pensions
-
-
-
12 601
unemployment
-
-
-
104
health
-
-
-
6 790
total
-
-
-
34 184
Employee

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

22 844
-
59 703
-
unemployment
32
-
83
-
pensions
3 541
-
9 254
-
health
1 475
-
3 857
-
income
3 939
-
13 548
-
total
8 987
-
26 742
-
Employer

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

22 844
-
59 703
-
health
1 522
-
3 976
-
unemployment
14
-
36
-
pensions
2 021
-
5 284
-
total
3 557
-
9 296
-
Corporate
42 599
69 000
-
-
income
8 094
13 110
-
-
total
8 094
13 110
-
-
Dividends
34 505
55 890
-
-
withholding
5 175
8 383
-
-
total
5 175
8 383
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 813
21 493
36 038
34 184
After tax
43 187
47 507
32 962
34 816
Living cost
13 856
13 856
13 856
13 856
Free-cash
29 331
33 651
19 106
20 960

Estimated living cost  is ₴13856 per week

₴9509
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.
₴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.
₴3191
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
₴38620
₴18698
₴24403
-₴11453
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
33 383
-
-
-
social contributions
2 737
-
390
-
income
7 364
-
-
-
total
10 101
-
390
-
Employer
33 383
-
-
-
social contributions
47 070
-
6 708
-
total
47 070
-
6 708
-
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
57 171
27 020
7 098
21 315
After tax
11 829
41 980
61 902
47 685
Living cost
23 282
23 282
23 282
23 282
Free-cash
-11 453
18 698
38 620
24 403

Estimated living cost  is ₴23282 per week

₴15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2190
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.
₴5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴16929
₴23043
₴21492
₴22524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
7 327
social contributions

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

-
-
-
23 977
surtax
-
-
-
-
total
-
-
-
31 304
Employee
23 760
-
55 757
-
surtax
-
-
-
-
social contributions
2 614
-
6 133
-
income
4 942
-
16 491
-
total
7 556
-
22 624
-
Employer
23 760
-
55 757
-
social contributions
5 643
-
13 243
-
total
5 643
-
13 243
-
Corporate
39 597
69 000
-
-
income
8 315
14 490
-
-
surtax
-
-
-
-
total
8 315
14 490
-
-
Dividends
31 282
54 510
-
-
withholding
8 758
15 263
-
-
total
8 758
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 272
29 753
35 867
31 304
After tax
38 728
39 247
33 133
37 696
Living cost
16 204
16 204
16 204
16 204
Free-cash
22 524
23 043
16 929
21 492

Estimated living cost  is ₴16204 per week

₴12124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴2854
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
₴15432
₴9824
₴14288
₴13375
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
-
-
-
9 024
pensions
-
-
-
14 401
social contributions
-
-
-
1 967
other
-
-
-
2 139
health
-
-
-
2 230
surtax
-
-
-
-
total
-
-
-
29 761
Employee
32 356
-
54 695
-
surtax
-
-
-
-
pensions
3 660
-
3 267
-
social contributions
922
-
1 559
-
income
2 823
-
9 485
-
total
7 405
-
14 311
-
Employer
32 356
-
54 695
-
other
1 117
-
1 905
-
health
2 265
-
4 426
-
unemployment
1 311
-
2 216
-
social contributions
97
-
164
-
pensions
5 316
-
5 595
-
total
10 106
-
14 306
-
Corporate
26 539
69 000
-
-
income
7 431
19 320
-
-
surtax
-
-
-
-
total
7 431
19 320
-
-
Dividends
19 108
49 680
-
-
withholding
2 446
6 360
-
-
surtax
-
-
-
-
social contributions
3 286
8 545
-
-
total
5 732
14 905
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 674
34 225
28 617
29 761
After tax
38 326
34 775
40 383
39 239
Living cost
24 951
24 951
24 951
24 951
Free-cash
13 375
9 824
15 432
14 288

Estimated living cost  is ₴24951 per week

₴16887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴5681
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
₴37879
₴46571
₴36046
₴44836
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
-
-
-
2 245
social contributions
-
-
-
15 180
total
-
-
-
17 425
Employee
16 608
-
59 740
-
income
-
-
2 449
-
social contributions
1 079
-
3 883
-
total
1 079
-
6 332
-
Employer
16 608
-
59 740
-
social contributions
2 574
-
9 260
-
total
2 574
-
9 260
-
Corporate
49 817
69 000
-
-
income
4 982
6 900
-
-
total
4 982
6 900
-
-
Dividends
44 835
62 100
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
8 635
6 900
15 592
17 425
After tax
60 365
62 100
53 408
51 575
Living cost
15 529
15 529
15 529
15 529
Free-cash
44 836
46 571
37 879
36 046

Estimated living cost  is ₴15529 per week

₴10041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4025
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
-₴43292
-₴43292
₴17133
-₴43292
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
pensions
-
-
-
447
labour market
-
-
-
5 484
municipal
-
-
-
13 726
national
-
-
-
7 389
total
-
-
-
27 046
Employee
104 765
104 765
104 765
-
municipal
22 309
22 309
22 309
-
labour market
8 369
8 369
8 369
-
pensions
149
149
149
-
national
12 799
12 799
12 799
-
total
43 626
43 626
43 626
-
Employer
104 765
104 765
104 765
-
municipal
22 345
22 345
22 345
-
national
12 821
12 821
12 821
-
labour market
8 381
8 381
8 381
-
pensions
298
298
298
-
total
43 845
43 845
43 845
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
87 471
87 471
87 471
27 046
After tax
-18 471
-18 471
-18 471
41 954
Living cost
24 821
24 821
24 821
24 821
Free-cash
-43 292
-43 292
-43 292
17 133

Estimated living cost  is ₴24821 per week

₴16988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴382
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.
₴5256
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
₴25466
-₴5642
₴36018
₴3865
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
-
-
-
18 142
pensions
-
-
-
2 156
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 130
total
-
-
-
21 751
Employee
17 668
-
60 787
-
pensions
1 990
-
3 953
-
health
2 023
-
6 960
-
income
2 424
-
13 177
-
total
6 437
-
24 090
-
Employer
17 668
-
60 787
-
accident
295
-
1 015
-
unemployment
433
-
1 489
-
pensions
2 873
-
5 709
-
total
3 601
-
8 213
-
Corporate
47 732
69 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

42 959
62 100
-
-
total
42 959
62 100
-
-
Dividends
4 773
6 900
-
-
withholding
907
1 311
-
-
total
907
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 904
63 411
32 303
21 751
After tax
15 096
5 589
36 697
47 249
Living cost
11 231
11 231
11 231
11 231
Free-cash
3 865
-5 642
25 466
36 018

Estimated living cost  is ₴11231 per week

₴8175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
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
₴17762
₴24719
₴27222
₴25106
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
-
-
-
847
municipal
-
-
-
12 267
national
-
-
-
8 830
total
-
-
-
21 944
Employee
27 180
-
58 047
-
unemployment
408
-
871
-
municipal
4 452
-
9 464
-
pensions
1 834
-
3 918
-
health
203
-
678
-
national
449
-
5 520
-
total
7 346
-
20 451
-
Employer
27 180
-
58 047
-
accident
27
-
58
-
health
209
-
447
-
unemployment
176
-
377
-
pensions
4 715
-
10 071
-
total
5 127
-
10 953
-
Corporate
36 692
69 000
-
-
income
7 339
13 800
-
-
total
7 339
13 800
-
-
Dividends

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

22 015
41 400
-
-
municipal
3 963
7 452
-
-
national
285
3 195
-
-
total
4 248
10 647
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 060
24 447
31 404
21 944
After tax
44 940
44 553
37 596
47 056
Living cost
19 834
19 834
19 834
19 834
Free-cash
25 106
24 719
17 762
27 222

Estimated living cost  is ₴19834 per week

₴12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
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.
₴4656
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
₴35587
₴38447
₴36302
₴35636
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
-
-
-
10 619
social contributions
-
-
-
8 358
health
-
-
-
1 760
total
-
-
-
20 737
Employee
39 724
39 724
63 381
-
social contributions
1 502
3 297
4 447
-
health
308
675
1 077
-
income
4 325
3 677
10 308
-
total
6 135
7 649
15 832
-
Employer
39 724
39 724
63 381
-
health
334
735
1 173
-
social contributions
1 502
3 297
4 447
-
total
1 836
4 032
5 620
-
Corporate
49 068
25 243
-
-
income
6 133
3 156
-
-
total
6 133
3 156
-
-
Dividends
42 935
22 088
-
-
withholding
7 299
3 755
-
-
total
7 299
3 755
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 403
18 592
21 452
20 737
After tax
47 597
50 408
47 548
48 263
Living cost
11 961
11 961
11 961
11 961
Free-cash
35 636
38 447
35 587
36 302

Estimated living cost  is ₴11961 per week

₴7168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3355
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
₴38427
₴48937
₴48788
₴46308
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
-
-
-
6 839
pensions
-
-
-
3 286
unemployment
-
-
-
15
health
-
-
-
1 870
total
-
-
-
12 010
Employee

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

11 858
-
63 951
-
unemployment
59
-
245
-
pensions
1 778
-
7 353
-
health
1 008
-
4 166
-
income
811
-
5 558
-
total
3 656
-
17 322
-
Employer

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

11 858
-
63 951
-
health
510
-
2 108
-
unemployment
59
-
245
-
pensions
652
-
2 696
-
total
1 221
-
5 049
-
Corporate
55 922
69 000
-
-
income
5 033
6 210
-
-
total
5 033
6 210
-
-
Dividends
50 888
62 790
-
-
withholding
4 580
5 651
-
-
total
4 580
5 651
-
-
Income
69 000
69 000
69 000
69 000
Total tax
14 490
11 861
22 371
12 010
After tax
54 510
57 139
46 629
56 990
Living cost
8 202
8 202
8 202
8 202
Free-cash
46 308
48 937
38 427
48 788

Estimated living cost  is ₴8202 per week

₴5233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2133
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
₴21945
₴32052
₴24429
₴29535
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
-
-
-
16 001
pensions
-
-
-
13 550
other
-
-
-
48
unemployment
-
-
-
335
accident
-
-
-
431
total
-
-
-
30 365
Employee
19 102
-
53 735
-
unemployment
296
-
742
-
pensions
898
-
2 251
-
other
19
-
48
-
income
3 683
-
14 543
-
total
4 896
-
17 584
-
Employer
19 102
-
53 735
-
accident
378
-
948
-
other
153
-
383
-
unemployment
1 051
-
2 633
-
pensions
4 508
-
11 301
-
total
6 090
-
15 265
-
Corporate
43 808
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.

6 571
10 350
-
-
total
6 571
10 350
-
-
Dividends
37 237
58 650
-
-
withholding
7 702
12 392
-
-
total
7 702
12 392
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 259
22 742
32 849
30 365
After tax
43 741
46 258
36 151
38 635
Living cost
14 206
14 206
14 206
14 206
Free-cash
29 535
32 052
21 945
24 429

Estimated living cost  is ₴14206 per week

₴9589
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.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3003
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
₴43330
₴42139
₴43395
₴41988
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
-
-
-
23 534
pensions
-
-
-
669
health
-
-
-
485
total
-
-
-
24 688
Employee
1 397
-
68 247
-
unemployment
14
-
33
-
pensions
126
-
301
-
health
70
-
167
-
income
270
-
23 499
-
total
480
-
24 000
-
Employer
1 397
-
68 247
-
health
133
-
318
-
unemployment
28
-
67
-
pensions
154
-
368
-
total
315
-
753
-
Corporate
67 288
69 000
-
-
income
14 803
15 180
-
-
total
14 803
15 180
-
-
Dividends
52 485
53 820
-
-
withholding
10 497
10 764
-
-
total
10 497
10 764
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 095
25 944
24 753
24 688
After tax
42 905
43 056
44 247
44 312
Living cost
917
917
917
917
Free-cash
41 988
42 139
43 330
43 395

Estimated living cost  is ₴917 per week

₴545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴74
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴21
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.
₴277
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
₴30577
₴40934
₴30577
₴38395
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
-
-
-
15 096
pensions
-
-
-
9 910
unemployment
-
-
-
572
health
-
-
-
3 926
total
-
-
-
29 504
Employee

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

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

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

13 450
-
62 177
-
unemployment
101
-
286
-
pensions
1 883
-
5 336
-
health
693
-
1 963
-
income
1 854
-
15 096
-
total
4 531
-
22 681
-
Employer

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

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

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

13 450
-
62 177
-
health
693
-
1 963
-
unemployment
101
-
286
-
pensions
1 614
-
4 574
-
total
2 408
-
6 823
-
Corporate
53 143
69 000
-
-
income
7 971
10 350
-
-
total
7 971
10 350
-
-
Dividends
45 171
58 650
-
-
withholding
6 776
8 797
-
-
total
6 776
8 797
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 686
19 147
29 504
29 504
After tax
47 314
49 853
39 496
39 496
Living cost
8 919
8 919
8 919
8 919
Free-cash
38 395
40 934
30 577
30 577

Estimated living cost  is ₴8919 per week

₴6005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
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.
₴1966
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
₴19206
₴25320
₴23769
₴25134
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
-
-
-
7 327
social contributions

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

-
-
-
23 977
surtax
-
-
-
-
total
-
-
-
31 304
Employee
20 051
-
55 757
-
surtax
-
-
-
-
social contributions
2 206
-
6 133
-
income
3 918
-
16 491
-
total
6 124
-
22 624
-
Employer
20 051
-
55 757
-
social contributions
4 762
-
13 243
-
total
4 762
-
13 243
-
Corporate
44 188
69 000
-
-
income
9 279
14 490
-
-
surtax
-
-
-
-
total
9 279
14 490
-
-
Dividends
34 909
54 510
-
-
withholding
9 774
15 263
-
-
total
9 774
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 939
29 753
35 867
31 304
After tax
39 061
39 247
33 133
37 696
Living cost
13 927
13 927
13 927
13 927
Free-cash
25 134
25 320
19 206
23 769

Estimated living cost  is ₴13927 per week

₴9864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
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.
₴2849
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
₴17995
₴28102
₴20479
₴24356
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
-
-
-
16 001
pensions
-
-
-
13 550
other
-
-
-
48
unemployment
-
-
-
335
accident
-
-
-
431
total
-
-
-
30 365
Employee
24 950
-
53 735
-
unemployment
386
-
742
-
pensions
1 173
-
2 251
-
other
25
-
48
-
income
5 211
-
14 543
-
total
6 795
-
17 584
-
Employer
24 950
-
53 735
-
accident
494
-
948
-
other
200
-
383
-
unemployment
1 372
-
2 633
-
pensions
5 888
-
11 301
-
total
7 954
-
15 265
-
Corporate
36 096
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.

5 414
10 350
-
-
total
5 414
10 350
-
-
Dividends
30 681
58 650
-
-
withholding
6 325
12 392
-
-
total
6 325
12 392
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 488
22 742
32 849
30 365
After tax
42 512
46 258
36 151
38 635
Living cost
18 156
18 156
18 156
18 156
Free-cash
24 356
28 102
17 995
20 479

Estimated living cost  is ₴18156 per week

₴13039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3450
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
₴47254
₴50012
₴44796
₴46830
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
pensions

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

-
-
-
2 700
unemployment
-
-
-
73
health
-
-
-
2 098
total
-
-
-
15 221
Employee
11 895
-
65 421
-
pensions

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

1 044
-
1 602
-
health
547
-
839
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
income
1 190
-
6 542
-
total
2 912
-
9 184
-
Employer
11 895
-
65 421
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
health
821
-
1 259
-
unemployment
71
-
109
-
pensions

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

1 311
-
2 010
-
total
2 334
-
3 579
-
Corporate
54 771
69 000
-
-
income
5 477
6 900
-
-
total
5 477
6 900
-
-
Dividends
49 294
62 100
-
-
withholding
2 464
3 105
-
-
total
2 464
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 187
10 005
12 763
15 221
After tax
55 813
58 995
56 237
53 779
Living cost
8 983
8 983
8 983
8 983
Free-cash
46 830
50 012
47 254
44 796

Estimated living cost  is ₴8983 per week

₴5941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴2313
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
₴25598
₴15602
₴19143
₴22360
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.

-
-
-
18 889
trade
-
-
-
6 455
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.

-
-
-
3 529
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.

-
-
-
1 039
total
-
-
-
29 912
Employee

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

25 704
-
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.

117
-
1 039
-
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.

3 529
-
3 529
-
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.

2 114
-
18 889
-
total
5 760
-
23 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 296
69 000
-
-
income
6 495
10 350
-
-
trade
6 212
9 902
-
-
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.

357
570
-
-
chamber of commerce
142
179
-
-
total
13 206
21 001
-
-
Dividends
30 089
48 000
-
-
withholding
7 326
11 803
-
-
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.

403
649
-
-
total
7 729
12 452
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 695
33 453
23 457
29 912
After tax
42 305
35 547
45 543
39 088
Living cost
19 945
19 945
19 945
19 945
Free-cash
22 360
15 602
25 598
19 143

Estimated living cost  is ₴19945 per week

₴13758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2146
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.
₴3751
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
₴9509
₴18872
₴9509
₴20013
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
-
-
-
19 061
social contributions
-
-
-
11 002
total
-
-
-
30 063
Employee
40 410
-
69 000
-
income
7 625
-
19 061
-
social contributions
3 357
-
11 002
-
total
10 982
-
30 063
-
Employer
40 410
-
69 000
-
total
-
-
-
-
Corporate
28 590
69 000
-
-
income
3 573
8 625
-
-
total
3 573
8 625
-
-
Dividends
25 017
60 375
-
-
withholding
5 004
12 075
-
-
total
5 004
12 075
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 559
20 700
30 063
30 063
After tax
49 441
48 300
38 937
38 937
Living cost
29 428
29 428
29 428
29 428
Free-cash
20 013
18 872
9 509
9 509

Estimated living cost  is ₴29428 per week

₴22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2398
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.
₴4361
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
₴31650
₴23368
₴32319
₴25174
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
-
-
-
14 705
health

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

-
-
-
3 223
total
-
-
-
17 928
Employee
23 699
-
66 624
-
income
2 571
-
13 845
-
social contributions
2 374
-
2 376
-
total
4 945
-
16 221
-
Employer
23 699
-
66 624
-
social contributions
2 374
-
2 376
-
total
2 374
-
2 376
-
Corporate
42 927
69 000
-
-
income
15 025
24 150
-
-
total
15 025
24 150
-
-
Dividends
27 902
44 850
-
-
social contributions
2 729
2 729
-
-
total
2 729
2 729
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 073
26 879
18 597
17 928
After tax
43 927
42 121
50 403
51 072
Living cost
18 753
18 753
18 753
18 753
Free-cash
25 174
23 368
31 650
32 319

Estimated living cost  is ₴18753 per week

₴12352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4634
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
₴21778
₴28296
₴28148
₴29468
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
-
-
-
17 329
pensions
-
-
-
4 224
total
-
-
-
21 553
Employee
26 491
-
60 484
-
pensions
2 022
-
5 361
-
health
346
-
965
-
income
4 824
-
13 081
-
total
7 192
-
19 407
-
Employer
26 491
-
60 484
-
health
503
-
1 149
-
pensions
2 676
-
7 367
-
total
3 179
-
8 516
-
Corporate
39 329
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.

7 473
13 110
-
-
total
7 473
13 110
-
-
Dividends
31 856
55 890
-
-
withholding
2 389
8 295
-
-
total
2 389
8 295
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 233
21 405
27 923
21 553
After tax
48 767
47 595
41 077
47 447
Living cost
19 299
19 299
19 299
19 299
Free-cash
29 468
28 296
21 778
28 148

Estimated living cost  is ₴19299 per week

₴13239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1775
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.
₴4043
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
₴24354
-₴6754
₴34906
₴3696
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
-
-
-
18 142
pensions
-
-
-
2 156
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 130
total
-
-
-
21 751
Employee
19 417
-
60 787
-
pensions
2 186
-
3 953
-
health
2 223
-
6 960
-
income
2 664
-
13 177
-
total
7 073
-
24 090
-
Employer
19 417
-
60 787
-
accident
324
-
1 015
-
unemployment
476
-
1 489
-
pensions
3 157
-
5 709
-
total
3 957
-
8 213
-
Corporate
45 627
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.

41 064
62 100
-
-
total
41 064
62 100
-
-
Dividends
4 563
6 900
-
-
withholding
867
1 311
-
-
total
867
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
52 961
63 411
32 303
21 751
After tax
16 039
5 589
36 697
47 249
Living cost
12 343
12 343
12 343
12 343
Free-cash
3 696
-6 754
24 354
34 906

Estimated living cost  is ₴12343 per week

₴9059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2317
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
₴39643
₴51096
₴32011
₴48681
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
-
-
-
11 046
pensions
-
-
-
12 696
unemployment
-
-
-
828
health insurance
-
-
-
5 106
work injury
-
-
-
345
total
-
-
-
30 021
Employee

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

11 149
-
69 000
-
unemployment
134
-
495
-
work injury
56
-
206
-
pensions
2 051
-
7 590
-
health insurance
825
-
3 052
-
income
1 115
-
11 046
-
total
4 181
-
22 389
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 851
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%.

579
690
-
-
total
579
690
-
-
Dividends
57 273
68 310
-
-
withholding
8 591
10 246
-
-
total
8 591
10 246
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 351
10 936
22 389
30 021
After tax
55 649
58 064
46 611
38 979
Living cost
6 968
6 968
6 968
6 968
Free-cash
48 681
51 096
39 643
32 011

Estimated living cost  is ₴6968 per week

₴4317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴1928
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
₴9649
₴15765
₴12805
₴13414
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
regional
-
-
-
1 538
social contributions
-
-
-
17 746
municipal
-
-
-
462
national
-
-
-
15 869
total
-
-
-
35 615
Employee
43 532
-
69 000
-
municipal
260
-
412
-
social contributions
14 679
-
23 267
-
regional
657
-
1 321
-
national
7 357
-
13 771
-
total
22 953
-
38 771
-
Employer
43 532
-
69 000
-
total
-
-
-
-
Corporate
25 468
69 000
-
-
nationa
6 112
16 560
-
-
municipal
1 227
3 325
-
-
total
7 339
19 885
-
-
Dividends
18 128
49 115
-
-
withholding
4 714
12 770
-
-
total
4 714
12 770
-
-
Income
69 000
69 000
69 000
69 000
Total tax
35 006
32 655
38 771
35 615
After tax
33 994
36 345
30 229
33 385
Living cost
20 580
20 580
20 580
20 580
Free-cash
13 414
15 765
9 649
12 805

Estimated living cost  is ₴20580 per week

₴14456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴4397
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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