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
₴25400
₴30328
₴19975
₴23051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
health

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

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

-
-
-
3 350
trade
-
-
-
7 277
income

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

-
-
-
19 401
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.

-
-
-
1 067
total
-
-
-
31 095
Employee

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

18 757
-
69 000
-
health

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

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

3 350
-
3 350
-
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.

524
-
19 401
-
surtax

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

29
-
1 067
-
total
3 903
-
23 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 243
69 000
-
-
income
7 536
10 350
-
-
chamber of commerce
147
174
-
-
surtax

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

414
570
-
-
trade
7 913
10 867
-
-
total
16 010
21 961
-
-
Dividends
34 232
47 040
-
-
surtax

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

461
637
-
-
withholding
8 372
11 573
-
-
total
8 833
12 210
-
-
Income
69 000
69 000
69 000
69 000
Total tax
28 746
34 171
23 818
31 095
After tax
40 254
34 829
45 182
37 905
Living cost
14 854
14 854
14 854
14 854
Free-cash
25 400
19 975
30 328
23 051

Estimated living cost  is ₴14854 per week

₴9344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3501
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
₴17125
₴16095
₴17549
₴15553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
742
municipal
-
-
-
7 420
pensions
-
-
-
8 280
national
-
-
-
11 498
total
-
-
-
27 940
Employee
39 541
-
59 650
-
pensions
1 582
-
2 386
-
municipal
4 884
-
7 687
-
national
7 568
-
11 912
-
total
14 034
-
21 985
-
Employer
39 541
-
59 650
-
pensions
3 163
-
4 772
-
social contributions
425
-
641
-
total
3 588
-
5 413
-
Corporate
23 261
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%.

4 652
13 800
-
-
total
4 652
13 800
-
-
Dividends
18 609
55 200
-
-
withholding
4 094
12 144
-
-
total
4 094
12 144
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 368
25 944
27 398
27 940
After tax
42 632
43 056
41 602
41 060
Living cost
25 507
25 507
25 507
25 507
Free-cash
17 125
17 549
16 095
15 553

Estimated living cost  is ₴25507 per week

₴17337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2371
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.
₴5417
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
₴40973
₴28462
₴44997
₴11422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
69 000
social contributions

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

-
-
-
18 790
income
-
-
-
10 990
surtax
-
-
-
17 595
microenterprise
-
-
-
-
total
-
-
-
47 375
Employee
14 330
-
55 604
-
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.

1 577
-
6 116
-
income
2 551
-
10 824
-
surtax
-
-
-
-
total
4 128
-
16 940
-
Employer
14 330
-
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.

3 452
-
13 395
-
total
3 452
-
13 395
-
Corporate
51 218
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%.

10 244
13 800
-
-
total
10 244
13 800
-
-
Dividends

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

40 975
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
17 824
13 800
30 335
47 375
After tax
51 176
55 200
38 665
21 625
Living cost
10 203
10 203
10 203
10 203
Free-cash
40 973
44 997
28 462
11 422

Estimated living cost  is ₴10203 per week

₴6509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2490
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
₴10354
₴20679
₴13357
₴18760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
6 047
income
-
-
-
17 903
pensions
-
-
-
5 746
total
-
-
-
29 696
Employee
41 879
41 879
59 886
-
pensions
7 538
5 746
5 746
-
health
6 428
5 468
6 047
-
income

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

6 855
6 855
6 871
-
total
20 821
18 069
18 664
-
Employer
41 879
41 879
59 886
-
pensions
2 915
2 915
3 623
-
health
2 911
2 911
3 617
-
unemployment
1 508
1 508
1 873
-
total
7 334
7 334
9 113
-
Corporate
20 301
19 788
-
-
income
4 060
3 958
-
-
total
4 060
3 958
-
-
Dividends
16 241
15 830
-
-
income
3 451
3 364
-
-
withholding
2 436
2 374
-
-
total
5 887
5 738
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 102
35 099
27 777
29 696
After tax
30 898
33 901
41 223
39 304
Living cost
20 544
20 544
20 544
20 544
Free-cash
10 354
13 357
20 679
18 760

Estimated living cost  is ₴20544 per week

₴14559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3806
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
₴17035
₴15816
₴17487
₴16360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
88
health
-
-
-
2 761
municipal
-
-
-
16 754
pensions
-
-
-
4 783
other
-
-
-
5 141
unemployment
-
-
-
44
national
-
-
-
2 882
total
-
-
-
32 453
Employee
28 765
-
55 099
-
municipal
8 578
-
16 431
-
national
-
-
2 665
-
total
8 578
-
19 096
-
Employer
28 765
-
55 099
-
pensions
3 109
-
4 783
-
other
3 342
-
5 141
-
health
1 769
-
2 721
-
unemployment
759
-
1 168
-
accident
58
-
88
-
total
9 037
-
13 901
-
Corporate
31 198
69 000
-
-
income
6 863
15 180
-
-
total
6 863
15 180
-
-
Dividends
24 334
53 820
-
-
withholding
7 300
16 146
-
-
total
7 300
16 146
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 778
31 326
32 997
32 453
After tax
37 222
37 674
36 003
36 547
Living cost
20 187
20 187
20 187
20 187
Free-cash
17 035
17 487
15 816
16 360

Estimated living cost  is ₴20187 per week

₴13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4520
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
₴22100
₴25917
₴15210
₴18317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
health

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

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

-
-
-
3 350
trade
-
-
-
7 600
income

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

-
-
-
19 401
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.

-
-
-
1 067
total
-
-
-
31 418
Employee

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

24 870
-
69 000
-
health

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

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

3 350
-
3 350
-
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.

2 137
-
19 401
-
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
-
1 067
-
total
5 604
-
23 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 130
69 000
-
-
income
6 620
10 350
-
-
chamber of commerce
137
172
-
-
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.

364
570
-
-
trade
7 259
11 350
-
-
total
14 380
22 442
-
-
Dividends
29 751
46 559
-
-
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.

399
630
-
-
withholding
7 252
11 453
-
-
total
7 651
12 083
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 635
34 525
23 818
31 418
After tax
41 365
34 475
45 182
37 582
Living cost
19 265
19 265
19 265
19 265
Free-cash
22 100
15 210
25 917
18 317

Estimated living cost  is ₴19265 per week

₴12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4061
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
₴32453
₴31473
₴34486
₴32125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
7 935
health
-
-
-
1 760
income
-
-
-
11 274
total
-
-
-
20 969
Employee
37 710
37 710
63 602
-
health
375
641
1 081
-
social contributions
1 832
3 130
4 221
-
income
3 960
3 491
10 922
-
total
6 167
7 262
16 224
-
Employer
37 710
37 710
63 602
-
health
409
698
1 176
-
social contributions
1 832
3 130
4 221
-
total
2 241
3 828
5 397
-
Corporate
44 685
27 462
-
-
income
5 586
3 433
-
-
total
5 586
3 433
-
-
Dividends
39 100
24 029
-
-
withholding
6 647
4 085
-
-
total
6 647
4 085
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 641
18 608
21 621
20 969
After tax
48 359
50 392
47 379
48 031
Living cost
15 906
15 906
15 906
15 906
Free-cash
32 453
34 486
31 473
32 125

Estimated living cost  is ₴15906 per week

₴10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3523
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
₴29929
₴30940
₴29740
₴38740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
4 830
income
-
-
-
8 435
pensions
-
-
-
6 900
unemployment
-
-
-
1 035
total
-
-
-
21 200
Employee

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

The minimum wage is 138,000 HUF per month.

13 079
5 205
57 741
-
unemployment
196
78
866
-
pensions
1 308
521
5 774
-
health
916
364
4 042
-
income
1 599
636
7 059
-
total
4 019
1 599
17 741
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 079
5 205
57 741
-
pensions
2 550
1 015
11 259
-
total
2 550
1 015
11 259
-
Corporate
53 371
62 780
-
-
income
4 803
5 650
-
-
total
4 803
5 650
-
-
Dividends
48 567
57 130
-
-
social contributions
9 411
11 081
-
-
withholding
9 228
10 855
-
-
total
18 639
21 936
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 011
30 200
29 000
21 200
After tax
38 989
38 800
40 000
47 800
Living cost
9 060
9 060
9 060
9 060
Free-cash
29 929
29 740
30 940
38 740

Estimated living cost  is ₴9060 per week

₴6183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴40309
₴27926
₴43355
₴25139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
8 970
income
-
-
-
9 246
pensions
-
-
-
13 800
total
-
-
-
32 016
Employee
13 912
-
51 569
-
unemployment
222
-
825
-
pensions
278
-
1 031
-
income
1 566
-
9 943
-
total
2 066
-
11 799
-
Employer
13 912
-
51 569
-
pensions
2 783
-
10 314
-
health
1 808
-
6 704
-
unemployment
112
-
412
-
total
4 703
-
17 430
-
Corporate
50 385
69 000
-
-
income
10 077
13 800
-
-
total
10 077
13 800
-
-
Dividends
40 308
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
16 846
13 800
29 229
32 016
After tax
52 154
55 200
39 771
36 984
Living cost
11 845
11 845
11 845
11 845
Free-cash
40 309
43 355
27 926
25 139

Estimated living cost  is ₴11845 per week

₴8124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴705
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.
₴2777
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
₴3914
₴25918
-₴5326
₴36320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
125
health
-
-
-
1 082
income
-
-
-
18 310
pensions
-
-
-
2 064
other
-
-
-
184
total
-
-
-
21 765
Employee
17 170
-
61 020
-
pensions
1 933
-
3 785
-
health
1 966
-
6 987
-
income
2 356
-
13 415
-
total
6 255
-
24 187
-
Employer
17 170
-
61 020
-
pensions
2 792
-
5 466
-
unemployment
421
-
1 495
-
accident
287
-
1 019
-
total
3 500
-
7 980
-
Corporate
48 331
69 000
-
-
income

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

43 498
62 100
-
-
total
43 498
62 100
-
-
Dividends
4 833
6 900
-
-
withholding
918
1 311
-
-
total
918
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 171
63 411
32 167
21 765
After tax
14 829
5 589
36 833
47 235
Living cost
10 915
10 915
10 915
10 915
Free-cash
3 914
-5 326
25 918
36 320

Estimated living cost  is ₴10915 per week

₴8000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2083
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
₴60738
₴51148
₴61498
₴64258
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
5 065
-
69 000
-
income
1 013
-
13 800
-
total
1 013
-
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%.

63 935
69 000
-
-
total
-
-
-
-
Dividends
63 935
69 000
-
-
withholding
3 197
3 450
-
-
total
3 197
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 210
3 450
13 800
690
After tax
64 790
65 550
55 200
68 310
Living cost
4 052
4 052
4 052
4 052
Free-cash
60 738
61 498
51 148
64 258

Estimated living cost  is ₴4052 per week

₴2511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1093
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
₴34316
₴26455
₴37627
₴23602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
3 036
income
-
-
-
9 456
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.

-
-
-
16 561
other
-
-
-
3 278
total
-
-
-
32 331
Employee
17 806
-
55 111
-
unemployment
178
-
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.

1 246
-
3 858
-
health
249
-
772
-
income
3 066
-
10 407
-
total
4 739
-
15 588
-
Employer
17 806
-
55 111
-
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.

3 027
-
9 370
-
other
891
-
2 756
-
health
249
-
772
-
unemployment
178
-
551
-
accident
142
-
441
-
total
4 487
-
13 890
-
Corporate
46 706
69 000
-
-
income
9 808
14 490
-
-
total
9 808
14 490
-
-
Dividends
36 898
54 510
-
-
withholding
2 583
3 816
-
-
total
2 583
3 816
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 617
18 306
29 478
32 331
After tax
47 383
50 694
39 522
36 669
Living cost
13 067
13 067
13 067
13 067
Free-cash
34 316
37 627
26 455
23 602

Estimated living cost  is ₴13067 per week

₴9233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴12854
₴8389
₴14653
₴14722
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
-
-
-
18 034
pensions
-
-
-
4 018
total
-
-
-
22 052
Employee
45 595
-
60 422
-
pensions
4 399
-
5 058
-
health
751
-
938
-
income
8 219
-
13 812
-
total
13 369
-
19 808
-
Employer
45 595
-
60 422
-
pensions
5 383
-
7 429
-
health
866
-
1 148
-
total
6 249
-
8 577
-
Corporate
17 156
69 000
-
-
income

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

3 260
13 110
-
-
total
3 260
13 110
-
-
Dividends
13 896
55 890
-
-
withholding
1 042
9 011
-
-
total
1 042
9 011
-
-
Income
69 000
69 000
69 000
69 000
Total tax
23 920
22 121
28 385
22 052
After tax
45 080
46 879
40 615
46 948
Living cost
32 226
32 226
32 226
32 226
Free-cash
12 854
14 653
8 389
14 722

Estimated living cost  is ₴32226 per week

₴24148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4030
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
₴50281
₴50157
₴52562
₴47640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
1 971
income
-
-
-
10 350
pensions

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

-
-
-
2 537
unemployment
-
-
-
69
total
-
-
-
14 927
Employee
8 518
-
65 637
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

748
-
1 505
-
health
392
-
788
-
income
852
-
6 564
-
total
2 086
-
9 046
-
Employer
8 518
-
65 637
-
pensions

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

939
-
1 889
-
health
588
-
1 183
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
total
1 672
-
3 364
-
Corporate
58 810
69 000
-
-
income
5 881
6 900
-
-
total
5 881
6 900
-
-
Dividends
52 929
62 100
-
-
withholding
2 647
3 105
-
-
total
2 647
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 286
10 005
12 410
14 927
After tax
56 714
58 995
56 590
54 073
Living cost
6 433
6 433
6 433
6 433
Free-cash
50 281
52 562
50 157
47 640

Estimated living cost  is ₴6433 per week

₴3756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2048
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
₴7941
₴14029
₴6707
₴12110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
6 047
income
-
-
-
17 903
pensions
-
-
-
5 746
total
-
-
-
29 696
Employee
45 467
41 879
59 886
-
pensions
5 746
5 746
5 746
-
health
5 672
5 468
6 047
-
income

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

6 855
6 855
6 871
-
total
18 273
18 069
18 664
-
Employer
45 467
41 879
59 886
-
pensions
3 164
2 915
3 623
-
health
3 160
2 911
3 617
-
unemployment
1 637
1 508
1 873
-
total
7 961
7 334
9 113
-
Corporate
15 572
19 788
-
-
income
3 115
3 958
-
-
total
3 115
3 958
-
-
Dividends
12 458
15 830
-
-
income
2 647
3 364
-
-
withholding
1 869
2 374
-
-
total
4 516
5 738
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 865
35 099
27 777
29 696
After tax
35 135
33 901
41 223
39 304
Living cost
27 194
27 194
27 194
27 194
Free-cash
7 941
6 707
14 029
12 110

Estimated living cost  is ₴27194 per week

₴20060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4394
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
₴30982
₴22836
₴35327
₴23655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 526
health
-
-
-
9 315
income
-
-
-
6 324
solidarity contribution
-
-
-
-
total
-
-
-
33 165
Employee
17 912
-
51 493
-
solidarity contribution
-
-
-
-
health
2 418
-
6 951
-
social contributions
1 164
-
3 347
-
income
2 149
-
6 179
-
total
5 731
-
16 477
-
Employer
17 912
-
51 493
-
health
1 612
-
4 634
-
social contributions
4 478
-
12 873
-
total
6 090
-
17 507
-
Corporate
44 998
69 000
-
-
income
8 550
13 110
-
-
total
8 550
13 110
-
-
Dividends
36 449
55 890
-
-
withholding
5 467
8 383
-
-
total
5 467
8 383
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 838
21 493
33 984
33 165
After tax
43 162
47 507
35 016
35 835
Living cost
12 180
12 180
12 180
12 180
Free-cash
30 982
35 327
22 836
23 655

Estimated living cost  is ₴12180 per week

₴8460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2614
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
₴13561
₴10018
₴16121
₴13301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 746
municipal
-
-
-
410
regional
-
-
-
796
national
-
-
-
16 054
total
-
-
-
35 006
Employee
43 584
-
69 000
-
regional
411
-
702
-
municipal
231
-
366
-
national
7 552
-
13 954
-
social contributions
14 697
-
23 267
-
total
22 891
-
38 289
-
Employer
43 584
-
69 000
-
total
-
-
-
-
Corporate
25 416
69 000
-
-
municipal
991
2 691
-
-
nationa
6 099
16 560
-
-
total
7 090
19 251
-
-
Dividends
18 325
49 749
-
-
withholding
4 765
12 935
-
-
total
4 765
12 935
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 746
32 186
38 289
35 006
After tax
34 254
36 814
30 711
33 994
Living cost
20 693
20 693
20 693
20 693
Free-cash
13 561
16 121
10 018
13 301

Estimated living cost  is ₴20693 per week

₴14425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4594
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
₴31053
₴20318
₴32579
₴21919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
4 647
income
-
-
-
16 132
surtax
-
-
-
2 278
pensions
-
-
-
13 090
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
36 259
Employee
16 217
-
57 000
-
unemployment
1 129
-
3 967
-
pensions
1 081
-
3 802
-
health
414
-
1 454
-
income
2 718
-
14 613
-
other
-
-
-
-
surtax
53
-
2 025
-
total
5 395
-
25 861
-
Employer
16 217
-
57 000
-
pensions
2 162
-
7 598
-
other
-
-
-
-
health
738
-
2 594
-
unemployment
514
-
1 807
-
total
3 414
-
11 999
-
Corporate
49 369
69 000
-
-
income
12 836
17 940
-
-
total
12 836
17 940
-
-
Dividends
36 533
51 060
-
-
withholding
5 480
7 659
-
-
total
5 480
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 125
25 599
37 860
36 259
After tax
41 875
43 401
31 140
32 741
Living cost
10 822
10 822
10 822
10 822
Free-cash
31 053
32 579
20 318
21 919

Estimated living cost  is ₴10822 per week

₴6617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴999
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.
₴2957
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
₴25890
₴18599
₴24863
₴24932
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
-
-
-
18 034
pensions
-
-
-
4 018
total
-
-
-
22 052
Employee
30 557
-
60 422
-
pensions
2 594
-
5 058
-
health
444
-
938
-
income
5 503
-
13 812
-
total
8 541
-
19 808
-
Employer
30 557
-
60 422
-
pensions
3 308
-
7 429
-
health
580
-
1 148
-
total
3 888
-
8 577
-
Corporate
34 555
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.

6 566
13 110
-
-
total
6 566
13 110
-
-
Dividends
27 990
55 890
-
-
withholding
2 099
9 011
-
-
total
2 099
9 011
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 094
22 121
28 385
22 052
After tax
47 906
46 879
40 615
46 948
Living cost
22 016
22 016
22 016
22 016
Free-cash
25 890
24 863
18 599
24 932

Estimated living cost  is ₴22016 per week

₴16494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3641
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
₴9275
₴14424
-₴7387
₴17778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
155
pensions
-
-
-
6 348
other

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

-
-
-
1 380
regional
-
-
-
2 915
city
-
-
-
727
national
-
-
-
758
total
-
-
-
12 283
Employee
45 568
-
61 759
-
unemployment
-
-
-
-
pensions
3 828
-
5 187
-
regional
1 492
-
2 489
-
national
216
-
598
-
health
103
-
139
-
city
489
-
663
-
total
6 128
-
9 076
-
Employer
45 568
-
61 759
-
pensions
3 828
-
5 187
-
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.

911
-
1 235
-
health
103
-
139
-
unemployment
-
-
-
-
total
4 842
-
6 561
-
Corporate
18 088
69 000
-
-
regional
3 825
14 593
-
-
national
1 537
5 865
-
-
total
5 362
20 458
-
-
Dividends
12 726
48 542
-
-
withholding
4 454
16 990
-
-
total
4 454
16 990
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 786
37 448
15 637
12 283
After tax
48 214
31 552
53 363
56 717
Living cost
38 939
38 939
38 939
38 939
Free-cash
9 275
-7 387
14 424
17 778

Estimated living cost  is ₴38939 per week

₴25321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴478
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.
₴9645
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
₴19605
₴22716
₴11654
₴14793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
health

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

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

-
-
-
3 350
trade
-
-
-
7 923
income

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

-
-
-
19 401
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.

-
-
-
1 067
total
-
-
-
31 741
Employee

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

29 473
-
69 000
-
health

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

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

3 350
-
3 350
-
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.

3 466
-
19 401
-
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.

191
-
1 067
-
total
7 007
-
23 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 527
69 000
-
-
income
5 929
10 350
-
-
chamber of commerce
130
171
-
-
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.

326
570
-
-
trade
6 779
11 833
-
-
total
13 164
22 924
-
-
Dividends
26 363
46 076
-
-
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
624
-
-
withholding
6 405
11 332
-
-
total
6 758
11 956
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 929
34 880
23 818
31 741
After tax
42 071
34 120
45 182
37 259
Living cost
22 466
22 466
22 466
22 466
Free-cash
19 605
11 654
22 716
14 793

Estimated living cost  is ₴22466 per week

₴16408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1797
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.
₴3969
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
₴20896
₴23089
₴17998
₴22386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
1 966
health
-
-
-
2 375
income
-
-
-
9 395
surtax
-
-
-
-
pensions
-
-
-
13 961
other
-
-
-
2 139
total
-
-
-
29 836
Employee
20 989
-
54 437
-
pensions
2 373
-
3 356
-
social contributions
598
-
1 550
-
income
1 239
-
9 664
-
surtax
-
-
-
-
total
4 210
-
14 570
-
Employer
20 989
-
54 437
-
pensions
3 448
-
5 726
-
other
724
-
1 941
-
health
1 469
-
4 528
-
unemployment
850
-
2 205
-
social contributions
63
-
163
-
total
6 554
-
14 563
-
Corporate
41 457
69 000
-
-
income
11 608
19 320
-
-
surtax
-
-
-
-
total
11 608
19 320
-
-
Dividends
29 849
49 680
-
-
surtax
-
-
-
-
social contributions
5 134
8 545
-
-
withholding
3 820
6 359
-
-
total
8 954
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 326
34 224
29 133
29 836
After tax
37 674
34 776
39 867
39 164
Living cost
16 778
16 778
16 778
16 778
Free-cash
20 896
17 998
23 089
22 386

Estimated living cost  is ₴16778 per week

₴10580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴22385
₴24751
₴19660
₴24048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
1 966
health
-
-
-
2 375
income
-
-
-
9 395
surtax
-
-
-
-
pensions
-
-
-
13 961
other
-
-
-
2 139
total
-
-
-
29 836
Employee
18 735
-
54 437
-
pensions
2 119
-
3 356
-
social contributions
534
-
1 550
-
income
966
-
9 664
-
surtax
-
-
-
-
total
3 619
-
14 570
-
Employer
18 735
-
54 437
-
pensions
3 079
-
5 726
-
other
647
-
1 941
-
health
1 311
-
4 528
-
unemployment
758
-
2 205
-
social contributions
56
-
163
-
total
5 851
-
14 563
-
Corporate
44 414
69 000
-
-
income
12 436
19 320
-
-
surtax
-
-
-
-
total
12 436
19 320
-
-
Dividends
31 978
49 680
-
-
surtax
-
-
-
-
social contributions
5 500
8 545
-
-
withholding
4 093
6 359
-
-
total
9 593
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 499
34 224
29 133
29 836
After tax
37 501
34 776
39 867
39 164
Living cost
15 116
15 116
15 116
15 116
Free-cash
22 385
19 660
24 751
24 048

Estimated living cost  is ₴15116 per week

₴8767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1536
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.
₴4528
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
₴31951
₴33000
₴31698
₴33913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
9 522
health
-
-
-
4 816
income
-
-
-
10 350
total
-
-
-
24 688
Employee
16 628
-
69 000
-
health
1 161
-
4 816
-
social contributions
2 295
-
9 522
-
income
2 773
-
11 263
-
total
6 229
-
25 601
-
Employer
16 628
-
69 000
-
total
-
-
-
-
Corporate
52 372
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%.

2 619
3 450
-
-
total
2 619
3 450
-
-
Dividends
49 753
65 550
-
-
health
3 473
4 575
-
-
social contributions
6 866
9 046
-
-
withholding
7 463
9 832
-
-
total
17 802
23 453
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 650
26 903
25 601
24 688
After tax
42 350
42 097
43 399
44 312
Living cost
10 399
10 399
10 399
10 399
Free-cash
31 951
31 698
33 000
33 913

Estimated living cost  is ₴10399 per week

₴6959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2558
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
₴20306
₴1085
₴21063
₴17797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
4 382
surtax
-
-
-
97
income
-
-
-
15 561
chamber of commerce
-
-
-
276
pensions
-
-
-
10 599
unemployment
-
-
-
3 008
total
-
-
-
33 923
Employee
24 508
19 543
53 505
-
unemployment
735
586
1 605
-
pensions
2 510
2 001
5 479
-
health
948
757
2 071
-
income
2 790
1 442
12 539
-
other
245
195
535
-
total
7 228
4 981
22 229
-
Employer
24 508
19 543
53 505
-
chamber of commerce
98
78
214
-
pensions
3 076
2 453
6 715
-
other
1 164
928
2 542
-
health
926
739
2 022
-
unemployment
735
586
1 605
-
accident
318
254
695
-
surtax
97
97
97
-
payroll
735
586
1 605
-
total
7 149
5 721
15 495
-
Corporate
37 342
43 735
51 644
-
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.

9 335
10 934
12 911
-
total
9 335
10 934
12 911
-
Dividends
28 007
32 801
-
-
withholding
7 702
9 021
-
-
total
7 702
9 021
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 414
30 657
50 635
33 923
After tax
37 586
38 343
18 365
35 077
Living cost
17 280
17 280
17 280
17 280
Free-cash
20 306
21 063
1 085
17 797

Estimated living cost  is ₴17280 per week

₴11525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3997
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
₴13389
₴7384
₴20745
₴12528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
10 847
communal

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

-
-
-
3 489
national
-
-
-
24 255
total
-
-
-
38 591
Employee

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

35 079
-
53 443
-
unemployment

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

305
-
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.

2 631
-
4 008
-
national
10 785
-
18 407
-
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.

1 648
-
2 512
-
communal

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

1 830
-
2 787
-
total
17 199
-
28 179
-
Employer

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

35 079
-
53 443
-
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.

3 108
-
4 735
-
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.

2 157
-
3 287
-
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.

512
-
780
-
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.

456
-
694
-
surtax
3 978
-
6 060
-
total
10 211
-
15 556
-
Corporate
23 710
69 000
-
-
income
4 742
13 800
-
-
surtax
95
276
-
-
total
4 837
14 076
-
-
Dividends
18 873
54 923
-
-
withholding

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

5 483
16 298
-
-
total
5 483
16 298
-
-
Income
69 000
69 000
69 000
69 000
Total tax
37 730
30 374
43 735
38 591
After tax
31 270
38 626
25 265
30 409
Living cost
17 881
17 881
17 881
17 881
Free-cash
13 389
20 745
7 384
12 528

Estimated living cost  is ₴17881 per week

₴11518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴4520
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
₴24826
₴18811
₴28492
₴21169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
409
income
-
-
-
16 484
pensions
-
-
-
12 863
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
30 120
Employee
24 411
-
54 509
-
unemployment
379
-
704
-
pensions
1 147
-
2 137
-
income
5 151
-
15 100
-
other
24
-
46
-
total
6 701
-
17 987
-
Employer
24 411
-
54 509
-
pensions
5 761
-
10 727
-
other
195
-
364
-
unemployment
1 343
-
2 500
-
accident
483
-
900
-
total
7 782
-
14 491
-
Corporate
36 808
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.

5 521
10 350
-
-
total
5 521
10 350
-
-
Dividends
31 286
58 650
-
-
withholding
6 459
12 447
-
-
total
6 459
12 447
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 463
22 797
32 478
30 120
After tax
42 537
46 203
36 522
38 880
Living cost
17 711
17 711
17 711
17 711
Free-cash
24 826
28 492
18 811
21 169

Estimated living cost  is ₴17711 per week

₴13042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3157
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
₴9302
₴12159
₴14617
₴9409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
582
health
-
-
-
4 848
income
-
-
-
9 386
surtax
-
-
-
3 421
pensions
-
-
-
10 342
communal
-
-
-
4 361
total
-
-
-
32 940
Employee
37 138
-
61 635
-
pensions
2 971
-
4 931
-
health
1 653
-
2 743
-
income
3 587
-
11 373
-
surtax
2 276
-
3 777
-
total
10 487
-
22 824
-
Employer
37 138
-
61 635
-
pensions
2 971
-
4 931
-
health
1 133
-
1 880
-
accident
334
-
555
-
total
4 438
-
7 366
-
Corporate
27 425
69 000
-
-
income
4 113
10 350
-
-
communal
1 851
4 658
-
-
surtax
288
724
-
-
total
6 252
15 732
-
-
Dividends
21 173
53 268
-
-
income
8 694
4 010
-
-
withholding
3 176
7 990
-
-
total
11 870
12 000
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 047
27 732
30 190
32 940
After tax
35 953
41 268
38 810
36 060
Living cost
26 651
26 651
26 651
26 651
Free-cash
9 302
14 617
12 159
9 409

Estimated living cost  is ₴26651 per week

₴19992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4761
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
₴30825
₴20125
₴32386
₴21726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
4 647
income
-
-
-
16 132
surtax
-
-
-
2 278
pensions
-
-
-
13 090
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
36 259
Employee
16 515
-
57 000
-
unemployment
1 149
-
3 967
-
pensions
1 102
-
3 802
-
health
422
-
1 454
-
income
2 769
-
14 613
-
other
-
-
-
-
surtax
59
-
2 025
-
total
5 501
-
25 861
-
Employer
16 515
-
57 000
-
pensions
2 202
-
7 598
-
other
-
-
-
-
health
751
-
2 594
-
unemployment
524
-
1 807
-
total
3 477
-
11 999
-
Corporate
49 008
69 000
-
-
income
12 742
17 940
-
-
total
12 742
17 940
-
-
Dividends
36 266
51 060
-
-
withholding
5 440
7 659
-
-
total
5 440
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 160
25 599
37 860
36 259
After tax
41 840
43 401
31 140
32 741
Living cost
11 015
11 015
11 015
11 015
Free-cash
30 825
32 386
20 125
21 726

Estimated living cost  is ₴11015 per week

₴6650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴958
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.
₴3152
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
₴21970
₴17275
₴23058
₴20540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 746
municipal
-
-
-
410
regional
-
-
-
1 040
national
-
-
-
16 054
total
-
-
-
35 250
Employee
27 204
-
69 000
-
regional
366
-
928
-
municipal
144
-
366
-
national
4 310
-
13 954
-
social contributions
9 173
-
23 267
-
total
13 993
-
38 515
-
Employer
27 204
-
69 000
-
total
-
-
-
-
Corporate
41 796
69 000
-
-
municipal
2 077
3 429
-
-
nationa
10 031
16 560
-
-
total
12 108
19 989
-
-
Dividends
29 688
49 011
-
-
withholding
7 719
12 743
-
-
total
7 719
12 743
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 820
32 732
38 515
35 250
After tax
35 180
36 268
30 485
33 750
Living cost
13 211
13 211
13 211
13 211
Free-cash
21 970
23 058
17 275
20 540

Estimated living cost  is ₴13211 per week

₴8216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3430
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
₴27142
₴20007
₴32498
₴20826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 526
health
-
-
-
9 315
income
-
-
-
6 324
solidarity contribution
-
-
-
-
total
-
-
-
33 165
Employee
22 072
-
51 493
-
solidarity contribution
-
-
-
-
health
2 980
-
6 951
-
social contributions
1 435
-
3 347
-
income
2 649
-
6 179
-
total
7 064
-
16 477
-
Employer
22 072
-
51 493
-
health
1 986
-
4 634
-
social contributions
5 518
-
12 873
-
total
7 504
-
17 507
-
Corporate
39 424
69 000
-
-
income
7 491
13 110
-
-
total
7 491
13 110
-
-
Dividends
31 933
55 890
-
-
withholding
4 790
8 383
-
-
total
4 790
8 383
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 849
21 493
33 984
33 165
After tax
42 151
47 507
35 016
35 835
Living cost
15 009
15 009
15 009
15 009
Free-cash
27 142
32 498
20 007
20 826

Estimated living cost  is ₴15009 per week

₴11162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴2756
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
₴22507
₴2737
₴22751
₴19528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
4 382
surtax
-
-
-
-
income
-
-
-
15 561
chamber of commerce
-
-
-
276
pensions
-
-
-
10 599
unemployment
-
-
-
3 008
total
-
-
-
33 826
Employee
21 437
19 543
53 581
-
unemployment
643
586
1 607
-
pensions
2 195
2 001
5 487
-
health
829
757
2 073
-
income
1 910
1 442
12 566
-
other
214
195
536
-
total
5 791
4 981
22 269
-
Employer
21 437
19 543
53 581
-
chamber of commerce
86
78
214
-
pensions
2 690
2 453
6 725
-
other
1 018
928
2 544
-
health
811
739
2 025
-
unemployment
643
586
1 607
-
accident
278
254
696
-
surtax
-
-
-
-
payroll
643
586
1 607
-
total
6 169
5 624
15 418
-
Corporate
41 394
43 832
51 720
-
income

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

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

10 349
10 958
12 930
-
total
10 349
10 958
12 930
-
Dividends
31 045
32 873
-
-
withholding
8 538
9 040
-
-
total
8 538
9 040
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 847
30 603
50 617
33 826
After tax
38 153
38 397
18 383
35 174
Living cost
15 646
15 646
15 646
15 646
Free-cash
22 507
22 751
2 737
19 528

Estimated living cost  is ₴15646 per week

₴9386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4383
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
₴58051
₴48885
₴59235
₴61995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
microenterprise

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

-
-
-
690
total
-
-
-
690
Employee
7 893
-
69 000
-
income
1 579
-
13 800
-
total
1 579
-
13 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

61 107
69 000
-
-
total
-
-
-
-
Dividends
61 107
69 000
-
-
withholding
3 055
3 450
-
-
total
3 055
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 634
3 450
13 800
690
After tax
64 366
65 550
55 200
68 310
Living cost
6 315
6 315
6 315
6 315
Free-cash
58 051
59 235
48 885
61 995

Estimated living cost  is ₴6315 per week

₴4273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴30251
₴19601
₴34353
₴21429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
69 000
health
-
-
-
6 789
income
-
-
-
14 924
pensions
-
-
-
12 601
unemployment
-
-
-
103
total
-
-
-
34 417
Employee

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

21 686
-
59 704
-
unemployment
31
-
84
-
pensions
3 361
-
9 254
-
health
1 401
-
3 857
-
income
3 740
-
13 755
-
total
8 533
-
26 950
-
Employer

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

21 686
-
59 704
-
pensions
1 919
-
5 284
-
health
1 444
-
3 976
-
unemployment
13
-
35
-
total
3 376
-
9 295
-
Corporate
43 938
69 000
-
-
income
8 348
13 110
-
-
total
8 348
13 110
-
-
Dividends
35 590
55 890
-
-
withholding
5 338
8 383
-
-
total
5 338
8 383
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 595
21 493
36 245
34 417
After tax
43 405
47 507
32 755
34 583
Living cost
13 154
13 154
13 154
13 154
Free-cash
30 251
34 353
19 601
21 429

Estimated living cost  is ₴13154 per week

₴9027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3029
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
-₴4801
₴41131
₴20623
₴26328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
7 866
income
-
-
-
13 449
total
-
-
-
21 315
Employee
30 622
-
-
-
social contributions
2 511
-
358
-
income
6 755
-
-
-
total
9 266
-
358
-
Employer
30 622
-
-
-
social contributions
43 178
-
6 154
-
total
43 178
-
6 154
-
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
52 444
27 020
6 512
21 315
After tax
16 556
41 980
62 488
47 685
Living cost
21 357
21 357
21 357
21 357
Free-cash
-4 801
20 623
41 131
26 328

Estimated living cost  is ₴21357 per week

₴13857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴5219
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
₴23371
₴17456
₴23865
₴22164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
69 000
social contributions

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

-
-
-
23 978
income
-
-
-
7 476
surtax
-
-
-
-
total
-
-
-
31 454
Employee
22 555
-
55 758
-
social contributions
2 481
-
6 133
-
income
4 691
-
16 787
-
surtax
-
-
-
-
total
7 172
-
22 920
-
Employer
22 555
-
55 758
-
social contributions
5 357
-
13 242
-
total
5 357
-
13 242
-
Corporate
41 088
69 000
-
-
income
8 629
14 490
-
-
surtax
-
-
-
-
total
8 629
14 490
-
-
Dividends
32 459
54 510
-
-
withholding
9 089
15 263
-
-
total
9 089
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 247
29 753
36 162
31 454
After tax
38 753
39 247
32 838
37 546
Living cost
15 382
15 382
15 382
15 382
Free-cash
23 371
23 865
17 456
22 164

Estimated living cost  is ₴15382 per week

₴11509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2709
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
₴14462
₴16181
₴11090
₴15478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
1 966
health
-
-
-
2 375
income
-
-
-
9 395
surtax
-
-
-
-
pensions
-
-
-
13 961
other
-
-
-
2 139
total
-
-
-
29 836
Employee
30 715
-
54 437
-
pensions
3 474
-
3 356
-
social contributions
875
-
1 550
-
income
2 680
-
9 664
-
surtax
-
-
-
-
total
7 029
-
14 570
-
Employer
30 715
-
54 437
-
pensions
5 047
-
5 726
-
other
1 060
-
1 941
-
health
2 150
-
4 528
-
unemployment
1 244
-
2 205
-
social contributions
92
-
163
-
total
9 593
-
14 563
-
Corporate
28 692
69 000
-
-
income
8 033
19 320
-
-
surtax
-
-
-
-
total
8 033
19 320
-
-
Dividends
20 659
49 680
-
-
surtax
-
-
-
-
social contributions
3 553
8 545
-
-
withholding
2 644
6 359
-
-
total
6 197
14 904
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 852
34 224
29 133
29 836
After tax
38 148
34 776
39 867
39 164
Living cost
23 686
23 686
23 686
23 686
Free-cash
14 462
11 090
16 181
15 478

Estimated living cost  is ₴23686 per week

₴16030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
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.
₴5393
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
₴45711
₴38508
₴47359
₴36675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
15 180
income
-
-
-
2 404
total
-
-
-
17 584
Employee
15 766
-
59 740
-
social contributions
1 025
-
3 884
-
income
-
-
2 608
-
total
1 025
-
6 492
-
Employer
15 766
-
59 740
-
social contributions
2 444
-
9 259
-
total
2 444
-
9 259
-
Corporate
50 790
69 000
-
-
income
5 079
6 900
-
-
total
5 079
6 900
-
-
Dividends
45 711
62 100
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
8 548
6 900
15 751
17 584
After tax
60 452
62 100
53 249
51 416
Living cost
14 741
14 741
14 741
14 741
Free-cash
45 711
47 359
38 508
36 675

Estimated living cost  is ₴14741 per week

₴9532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3821
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
-₴37766
-₴37766
-₴37766
₴18095
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
municipal
-
-
-
13 859
pensions
-
-
-
425
labour market
-
-
-
5 486
national
-
-
-
7 535
total
-
-
-
27 305
Employee
99 610
99 610
99 610
-
pensions
142
142
142
-
municipal
21 211
21 211
21 211
-
national
12 169
12 169
12 169
-
labour market
7 957
7 957
7 957
-
total
41 479
41 479
41 479
-
Employer
99 610
99 610
99 610
-
municipal
21 245
21 245
21 245
-
pensions
283
283
283
-
national
12 190
12 190
12 190
-
labour market
7 969
7 969
7 969
-
total
41 687
41 687
41 687
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
83 166
83 166
83 166
27 305
After tax
-14 166
-14 166
-14 166
41 695
Living cost
23 600
23 600
23 600
23 600
Free-cash
-37 766
-37 766
-37 766
18 095

Estimated living cost  is ₴23600 per week

₴16152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴363
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.
₴4997
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
₴3939
₴26079
-₴5165
₴36481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
125
health
-
-
-
1 082
income
-
-
-
18 310
pensions
-
-
-
2 064
other
-
-
-
184
total
-
-
-
21 765
Employee
16 917
-
61 020
-
pensions
1 905
-
3 785
-
health
1 937
-
6 987
-
income
2 321
-
13 415
-
total
6 163
-
24 187
-
Employer
16 917
-
61 020
-
pensions
2 751
-
5 466
-
unemployment
415
-
1 495
-
accident
282
-
1 019
-
total
3 448
-
7 980
-
Corporate
48 636
69 000
-
-
income

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

43 772
62 100
-
-
total
43 772
62 100
-
-
Dividends
4 864
6 900
-
-
withholding
924
1 311
-
-
total
924
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 307
63 411
32 167
21 765
After tax
14 693
5 589
36 833
47 235
Living cost
10 754
10 754
10 754
10 754
Free-cash
3 939
-5 165
26 079
36 481

Estimated living cost  is ₴10754 per week

₴7828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2111
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
₴26129
₴18472
₴25489
₴27934
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
-
-
-
858
municipal
-
-
-
12 266
national
-
-
-
9 114
total
-
-
-
22 238
Employee
25 801
-
58 047
-
unemployment
387
-
871
-
pensions
1 741
-
3 918
-
municipal
4 226
-
9 463
-
national
426
-
5 805
-
health
193
-
690
-
total
6 973
-
20 747
-
Employer
25 801
-
58 047
-
pensions
4 476
-
10 071
-
health
198
-
447
-
unemployment
168
-
377
-
accident
26
-
58
-
total
4 868
-
10 953
-
Corporate
38 330
69 000
-
-
income
7 666
13 800
-
-
total
7 666
13 800
-
-
Dividends

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

22 999
41 400
-
-
national
397
3 431
-
-
municipal
4 139
7 452
-
-
total
4 536
10 883
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 043
24 683
31 700
22 238
After tax
44 957
44 317
37 300
46 762
Living cost
18 828
18 828
18 828
18 828
Free-cash
26 129
25 489
18 472
27 934

Estimated living cost  is ₴18828 per week

₴12298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4420
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
₴36371
₴36025
₴39038
₴36677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
7 935
health
-
-
-
1 760
income
-
-
-
11 274
total
-
-
-
20 969
Employee
37 710
37 710
63 602
-
health
292
641
1 081
-
social contributions
1 426
3 130
4 221
-
income
4 106
3 491
10 922
-
total
5 824
7 262
16 224
-
Employer
37 710
37 710
63 602
-
health
317
698
1 176
-
social contributions
1 426
3 130
4 221
-
total
1 743
3 828
5 397
-
Corporate
50 079
27 462
-
-
income
6 259
3 433
-
-
total
6 259
3 433
-
-
Dividends
43 819
24 029
-
-
withholding
7 449
4 085
-
-
total
7 449
4 085
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 275
18 608
21 621
20 969
After tax
47 725
50 392
47 379
48 031
Living cost
11 354
11 354
11 354
11 354
Free-cash
36 371
39 038
36 025
36 677

Estimated living cost  is ₴11354 per week

₴6805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1114
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.
₴3185
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
₴46857
₴39592
₴49353
₴49428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
69 000
health
-
-
-
1 775
income
-
-
-
6 877
pensions
-
-
-
3 120
unemployment
-
-
-
14
total
-
-
-
11 786
Employee

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

11 257
-
64 207
-
unemployment
56
-
233
-
pensions
1 688
-
6 980
-
health
957
-
3 955
-
income
770
-
5 661
-
total
3 471
-
16 829
-
Employer

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

11 257
-
64 207
-
pensions
619
-
2 559
-
health
484
-
2 001
-
unemployment
56
-
233
-
total
1 159
-
4 793
-
Corporate
56 585
69 000
-
-
income
5 092
6 210
-
-
total
5 092
6 210
-
-
Dividends
51 492
62 790
-
-
withholding
4 635
5 651
-
-
total
4 635
5 651
-
-
Income
69 000
69 000
69 000
69 000
Total tax
14 357
11 861
21 622
11 786
After tax
54 643
57 139
47 378
57 214
Living cost
7 786
7 786
7 786
7 786
Free-cash
46 857
49 353
39 592
49 428

Estimated living cost  is ₴7786 per week

₴4968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2025
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
₴30386
₴23036
₴32717
₴25394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
409
income
-
-
-
16 484
pensions
-
-
-
12 863
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
30 120
Employee
18 133
-
54 509
-
unemployment
281
-
704
-
pensions
852
-
2 137
-
income
3 496
-
15 100
-
other
18
-
46
-
total
4 647
-
17 987
-
Employer
18 133
-
54 509
-
pensions
4 279
-
10 727
-
other
145
-
364
-
unemployment
998
-
2 500
-
accident
359
-
900
-
total
5 781
-
14 491
-
Corporate
45 086
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.

6 763
10 350
-
-
total
6 763
10 350
-
-
Dividends
38 323
58 650
-
-
withholding
7 937
12 447
-
-
total
7 937
12 447
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 128
22 797
32 478
30 120
After tax
43 872
46 203
36 522
38 880
Living cost
13 486
13 486
13 486
13 486
Free-cash
30 386
32 717
23 036
25 394

Estimated living cost  is ₴13486 per week

₴9103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2851
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
₴41935
₴43253
₴42093
₴43321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
509
income
-
-
-
23 504
pensions
-
-
-
703
total
-
-
-
24 716
Employee
1 467
-
68 210
-
unemployment
15
-
35
-
pensions
132
-
316
-
health
73
-
176
-
income
284
-
23 467
-
total
504
-
23 994
-
Employer
1 467
-
68 210
-
pensions
161
-
386
-
health
139
-
334
-
unemployment
29
-
70
-
total
329
-
790
-
Corporate
67 203
69 000
-
-
income
14 785
15 180
-
-
total
14 785
15 180
-
-
Dividends
52 418
53 820
-
-
withholding
10 484
10 764
-
-
total
10 484
10 764
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 102
25 944
24 784
24 716
After tax
42 898
43 056
44 216
44 284
Living cost
963
963
963
963
Free-cash
41 935
42 093
43 253
43 321

Estimated living cost  is ₴963 per week

₴572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴291
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
₴38964
₴31626
₴41375
₴31628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
69 000
health
-
-
-
3 731
income
-
-
-
15 203
pensions
-
-
-
9 418
unemployment
-
-
-
543
total
-
-
-
28 895
Employee

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

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

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

12 783
-
62 516
-
unemployment
96
-
272
-
pensions
1 790
-
5 071
-
health
658
-
1 866
-
income
1 762
-
15 203
-
total
4 306
-
22 412
-
Employer

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

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

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

12 783
-
62 516
-
pensions
1 534
-
4 347
-
health
658
-
1 866
-
unemployment
96
-
272
-
total
2 288
-
6 485
-
Corporate
53 929
69 000
-
-
income
8 089
10 350
-
-
total
8 089
10 350
-
-
Dividends
45 840
58 650
-
-
withholding
6 876
8 798
-
-
total
6 876
8 798
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 559
19 148
28 897
28 895
After tax
47 441
49 852
40 103
40 105
Living cost
8 477
8 477
8 477
8 477
Free-cash
38 964
41 375
31 626
31 628

Estimated living cost  is ₴8477 per week

₴5707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1868
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
₴25849
₴19617
₴26026
₴24325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
69 000
social contributions

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

-
-
-
23 978
income
-
-
-
7 476
surtax
-
-
-
-
total
-
-
-
31 454
Employee
19 034
-
55 758
-
social contributions
2 094
-
6 133
-
income
3 719
-
16 787
-
surtax
-
-
-
-
total
5 813
-
22 920
-
Employer
19 034
-
55 758
-
social contributions
4 520
-
13 242
-
total
4 520
-
13 242
-
Corporate
45 446
69 000
-
-
income
9 544
14 490
-
-
surtax
-
-
-
-
total
9 544
14 490
-
-
Dividends
35 902
54 510
-
-
withholding
10 053
15 263
-
-
total
10 053
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 930
29 753
36 162
31 454
After tax
39 070
39 247
32 838
37 546
Living cost
13 221
13 221
13 221
13 221
Free-cash
25 849
26 026
19 617
24 325

Estimated living cost  is ₴13221 per week

₴9364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2704
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
₴25470
₴19287
₴28968
₴21645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
409
income
-
-
-
16 484
pensions
-
-
-
12 863
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
30 120
Employee
23 684
-
54 509
-
unemployment
367
-
704
-
pensions
1 113
-
2 137
-
income
4 947
-
15 100
-
other
23
-
46
-
total
6 450
-
17 987
-
Employer
23 684
-
54 509
-
pensions
5 589
-
10 727
-
other
190
-
364
-
unemployment
1 303
-
2 500
-
accident
469
-
900
-
total
7 551
-
14 491
-
Corporate
37 764
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.

5 665
10 350
-
-
total
5 665
10 350
-
-
Dividends
32 100
58 650
-
-
withholding
6 629
12 447
-
-
total
6 629
12 447
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 295
22 797
32 478
30 120
After tax
42 705
46 203
36 522
38 880
Living cost
17 235
17 235
17 235
17 235
Free-cash
25 470
28 968
19 287
21 645

Estimated living cost  is ₴17235 per week

₴12378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3275
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
₴47565
₴48150
₴50555
₴45633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
health
-
-
-
1 971
income
-
-
-
10 350
pensions

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

-
-
-
2 537
unemployment
-
-
-
69
total
-
-
-
14 927
Employee
11 176
-
65 637
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

981
-
1 505
-
health
514
-
788
-
income
1 118
-
6 564
-
total
2 736
-
9 046
-
Employer
11 176
-
65 637
-
pensions

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

1 232
-
1 889
-
health
771
-
1 183
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
total
2 193
-
3 364
-
Corporate
55 631
69 000
-
-
income
5 563
6 900
-
-
total
5 563
6 900
-
-
Dividends
50 068
62 100
-
-
withholding
2 503
3 105
-
-
total
2 503
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 995
10 005
12 410
14 927
After tax
56 005
58 995
56 590
54 073
Living cost
8 440
8 440
8 440
8 440
Free-cash
47 565
50 555
48 150
45 633

Estimated living cost  is ₴8440 per week

₴5582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2174
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
₴23023
₴26249
₴16606
₴19619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
health

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

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

-
-
-
3 350
trade
-
-
-
6 630
income

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

-
-
-
19 401
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.

-
-
-
1 067
total
-
-
-
30 448
Employee

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

24 401
-
69 000
-
health

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

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

3 350
-
3 350
-
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.

2 006
-
19 401
-
surtax

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

111
-
1 067
-
total
5 467
-
23 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 599
69 000
-
-
income
6 689
10 350
-
-
chamber of commerce
140
176
-
-
surtax

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

368
570
-
-
trade
6 400
9 901
-
-
total
13 597
20 997
-
-
Dividends
31 003
48 004
-
-
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.

416
650
-
-
withholding
7 564
11 814
-
-
total
7 980
12 464
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 044
33 461
23 818
30 448
After tax
41 956
35 539
45 182
38 552
Living cost
18 933
18 933
18 933
18 933
Free-cash
23 023
16 606
26 249
19 619

Estimated living cost  is ₴18933 per week

₴13061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2037
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.
₴3561
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
₴21446
₴10461
₴20364
₴10461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
11 109
income
-
-
-
19 494
total
-
-
-
30 603
Employee
38 361
-
69 000
-
social contributions
3 187
-
11 109
-
income
7 239
-
19 494
-
total
10 426
-
30 603
-
Employer
38 361
-
69 000
-
total
-
-
-
-
Corporate
30 639
69 000
-
-
income
3 830
8 625
-
-
total
3 830
8 625
-
-
Dividends
26 810
60 375
-
-
withholding
5 362
12 075
-
-
total
5 362
12 075
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 618
20 700
30 603
30 603
After tax
49 382
48 300
38 397
38 397
Living cost
27 936
27 936
27 936
27 936
Free-cash
21 446
20 364
10 461
10 461

Estimated living cost  is ₴27936 per week

₴21253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4139
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
₴26171
₴32319
₴24457
₴34196
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
-
-
-
13 960
health

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

-
-
-
3 042
total
-
-
-
17 002
Employee
22 497
-
66 744
-
social contributions
2 254
-
2 256
-
income
2 441
-
14 367
-
total
4 695
-
16 623
-
Employer
22 497
-
66 744
-
social contributions
2 254
-
2 256
-
total
2 254
-
2 256
-
Corporate
44 249
69 000
-
-
income
15 487
24 150
-
-
total
15 487
24 150
-
-
Dividends
28 762
44 850
-
-
social contributions
2 591
2 591
-
-
total
2 591
2 591
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 027
26 741
18 879
17 002
After tax
43 973
42 259
50 121
51 998
Living cost
17 802
17 802
17 802
17 802
Free-cash
26 171
24 457
32 319
34 196

Estimated living cost  is ₴17802 per week

₴11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴4399
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
₴31082
₴22717
₴28981
₴29050
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
-
-
-
18 034
pensions
-
-
-
4 018
total
-
-
-
22 052
Employee
24 568
-
60 422
-
pensions
1 875
-
5 058
-
health
320
-
938
-
income
4 474
-
13 812
-
total
6 669
-
19 808
-
Employer
24 568
-
60 422
-
pensions
2 482
-
7 429
-
health
467
-
1 148
-
total
2 949
-
8 577
-
Corporate
41 483
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.

7 882
13 110
-
-
total
7 882
13 110
-
-
Dividends
33 601
55 890
-
-
withholding
2 520
9 011
-
-
total
2 520
9 011
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 020
22 121
28 385
22 052
After tax
48 980
46 879
40 615
46 948
Living cost
17 898
17 898
17 898
17 898
Free-cash
31 082
28 981
22 717
29 050

Estimated living cost  is ₴17898 per week

₴12278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴3749
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
₴3776
₴25014
-₴6230
₴35416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
125
health
-
-
-
1 082
income
-
-
-
18 310
pensions
-
-
-
2 064
other
-
-
-
184
total
-
-
-
21 765
Employee
18 591
-
61 020
-
pensions
2 093
-
3 785
-
health
2 129
-
6 987
-
income
2 551
-
13 415
-
total
6 773
-
24 187
-
Employer
18 591
-
61 020
-
pensions
3 023
-
5 466
-
unemployment
455
-
1 495
-
accident
310
-
1 019
-
total
3 788
-
7 980
-
Corporate
46 620
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.

41 958
62 100
-
-
total
41 958
62 100
-
-
Dividends
4 662
6 900
-
-
withholding
886
1 311
-
-
total
886
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 405
63 411
32 167
21 765
After tax
15 595
5 589
36 833
47 235
Living cost
11 819
11 819
11 819
11 819
Free-cash
3 776
-6 230
25 014
35 416

Estimated living cost  is ₴11819 per week

₴8673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2218
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
₴49137
₴40465
₴51434
₴32283
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
-
-
-
11 112
health insurance
-
-
-
5 106
pensions
-
-
-
12 696
unemployment
-
-
-
828
work injury
-
-
-
345
total
-
-
-
30 087
Employee

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

10 608
-
69 000
-
unemployment
127
-
471
-
pensions
1 952
-
7 222
-
work injury
53
-
196
-
income
1 061
-
11 112
-
health insurance
785
-
2 904
-
total
3 978
-
21 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 392
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%.

584
690
-
-
total
584
690
-
-
Dividends
57 808
68 310
-
-
withholding
8 671
10 246
-
-
total
8 671
10 246
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 233
10 936
21 905
30 087
After tax
55 767
58 064
47 095
38 913
Living cost
6 630
6 630
6 630
6 630
Free-cash
49 137
51 434
40 465
32 283

Estimated living cost  is ₴6630 per week

₴4107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴1834
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
₴14576
₴10486
₴16808
₴13640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 746
municipal
-
-
-
462
regional
-
-
-
1 561
national
-
-
-
16 054
total
-
-
-
35 823
Employee
41 325
-
69 000
-
regional
624
-
1 345
-
municipal
247
-
411
-
national
6 984
-
13 954
-
social contributions
13 934
-
23 267
-
total
21 789
-
38 977
-
Employer
41 325
-
69 000
-
total
-
-
-
-
Corporate
27 675
69 000
-
-
municipal
1 334
3 326
-
-
nationa
6 642
16 560
-
-
total
7 976
19 886
-
-
Dividends
19 700
49 114
-
-
withholding
5 122
12 769
-
-
total
5 122
12 769
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 887
32 655
38 977
35 823
After tax
34 113
36 345
30 023
33 177
Living cost
19 537
19 537
19 537
19 537
Free-cash
14 576
16 808
10 486
13 640

Estimated living cost  is ₴19537 per week

₴13723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
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.
₴4174
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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