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
₴19757
₴30207
₴22984
₴25262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income

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

-
-
-
19 259
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.

-
-
-
1 060
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.

-
-
-
3 400
trade
-
-
-
7 223
total
-
-
-
30 942
Employee

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

19 035
-
69 000
-
surtax

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

29
-
1 060
-
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.

532
-
19 259
-
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.

3 400
-
3 400
-
total
3 961
-
23 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 965
69 000
-
-
income
7 495
10 350
-
-
surtax

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

412
569
-
-
chamber of commerce
147
175
-
-
trade
7 870
10 868
-
-
total
15 924
21 962
-
-
Dividends
34 041
47 038
-
-
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.

458
637
-
-
withholding
8 321
11 570
-
-
total
8 779
12 207
-
-
Income
69 000
69 000
69 000
69 000
Total tax
28 664
34 169
23 719
30 942
After tax
40 336
34 831
45 281
38 058
Living cost
15 074
15 074
15 074
15 074
Free-cash
25 262
19 757
30 207
22 984

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3553
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
₴16559
₴15167
₴14625
₴16118
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
-
-
-
7 396
national
-
-
-
11 460
pensions
-
-
-
8 280
total
-
-
-
27 878
Employee
41 075
-
59 650
-
municipal
5 073
-
7 663
-
pensions
1 643
-
2 386
-
national
7 862
-
11 874
-
total
14 578
-
21 923
-
Employer
41 075
-
59 650
-
pensions
3 286
-
4 772
-
social contributions
442
-
641
-
total
3 728
-
5 413
-
Corporate
21 487
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%.

4 297
13 800
-
-
total
4 297
13 800
-
-
Dividends
17 189
55 200
-
-
withholding
3 782
12 144
-
-
total
3 782
12 144
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 385
25 944
27 336
27 878
After tax
42 615
43 056
41 664
41 122
Living cost
26 497
26 497
26 497
26 497
Free-cash
16 118
16 559
15 167
14 625

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴5628
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
₴44846
₴28320
₴11066
₴40763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
69 000
income
-
-
-
10 917
surtax
-
-
-
17 595
social contributions

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

-
-
-
19 068
microenterprise
-
-
-
-
total
-
-
-
47 580
Employee
14 542
-
55 605
-
surtax
-
-
-
-
social contributions

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

1 600
-
6 116
-
income
2 589
-
10 815
-
total
4 189
-
16 931
-
Employer
14 542
-
55 605
-
social contributions

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

3 503
-
13 395
-
surtax
-
-
-
-
total
3 503
-
13 395
-
Corporate
50 955
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%.

10 191
13 800
-
-
total
10 191
13 800
-
-
Dividends

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

40 763
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
17 883
13 800
30 326
47 580
After tax
51 117
55 200
38 674
21 420
Living cost
10 354
10 354
10 354
10 354
Free-cash
40 763
44 846
28 320
11 066

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
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.
₴2527
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
₴13036
₴19979
₴18544
₴9987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
17 640
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
29 608
Employee
42 499
42 499
59 751
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
6 956
-
health
6 523
5 549
6 137
-
total
21 129
18 336
18 924
-
Employer
42 499
42 499
59 751
-
health
2 954
2 954
3 671
-
pensions
2 958
2 958
3 677
-
unemployment
1 530
1 530
1 901
-
total
7 442
7 442
9 249
-
Corporate
19 580
19 058
-
-
income
3 916
3 812
-
-
total
3 916
3 812
-
-
Dividends
15 664
15 247
-
-
income
3 328
3 239
-
-
withholding
2 350
2 287
-
-
total
5 678
5 526
-
-
Income
69 000
69 000
69 000
69 000
Total tax
38 165
35 116
28 173
29 608
After tax
30 835
33 884
40 827
39 392
Living cost
20 848
20 848
20 848
20 848
Free-cash
9 987
13 036
19 979
18 544

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴3863
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
₴17793
₴16102
₴16637
₴17347
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
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
16 812
national
-
-
-
3 047
pensions
-
-
-
4 710
total
-
-
-
32 482
Employee
28 329
-
55 309
-
municipal
8 448
-
16 493
-
national
-
-
2 834
-
total
8 448
-
19 327
-
Employer
28 329
-
55 309
-
health
1 742
-
2 680
-
pensions
3 062
-
4 710
-
accident
57
-
87
-
unemployment
748
-
1 150
-
other
3 292
-
5 063
-
total
8 901
-
13 690
-
Corporate
31 770
69 000
-
-
income
6 989
15 180
-
-
total
6 989
15 180
-
-
Dividends
24 780
53 820
-
-
withholding
7 434
16 146
-
-
total
7 434
16 146
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 772
31 326
33 017
32 482
After tax
37 228
37 674
35 983
36 518
Living cost
19 881
19 881
19 881
19 881
Free-cash
17 347
17 793
16 102
16 637

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4452
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
₴14926
₴25730
₴18186
₴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

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

-
-
-
69 000
income

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

-
-
-
19 259
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.

-
-
-
1 060
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.

-
-
-
3 400
trade
-
-
-
7 544
total
-
-
-
31 263
Employee

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

25 238
-
69 000
-
surtax

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

119
-
1 060
-
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.

2 168
-
19 259
-
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.

3 400
-
3 400
-
total
5 687
-
23 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 762
69 000
-
-
income
6 565
10 350
-
-
surtax

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

361
569
-
-
chamber of commerce
138
174
-
-
trade
7 198
11 350
-
-
total
14 262
22 443
-
-
Dividends
29 500
46 557
-
-
surtax

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

395
630
-
-
withholding
7 186
11 450
-
-
total
7 581
12 080
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 530
34 523
23 719
31 263
After tax
41 470
34 477
45 281
37 737
Living cost
19 551
19 551
19 551
19 551
Free-cash
21 919
14 926
25 730
18 186

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4121
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
₴34255
₴31296
₴31955
₴32189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
11 092
social contributions
-
-
-
8 052
health
-
-
-
1 759
total
-
-
-
20 903
Employee
38 269
38 269
63 540
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
10 738
-
health
381
651
1 080
-
total
6 260
7 370
16 102
-
Employer
38 269
38 269
63 540
-
health
415
708
1 176
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 460
-
Corporate
44 325
26 847
-
-
income
5 541
3 356
-
-
total
5 541
3 356
-
-
Dividends
38 784
23 491
-
-
withholding
6 593
3 993
-
-
total
6 593
3 993
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 669
18 603
21 562
20 903
After tax
48 331
50 397
47 438
48 097
Living cost
16 142
16 142
16 142
16 142
Free-cash
32 189
34 255
31 296
31 955

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
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
₴29878
₴31080
₴38880
₴30063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

12 876
5 124
57 741
-
unemployment
193
77
866
-
pensions
1 288
512
5 774
-
income
1 574
626
7 059
-
health
901
359
4 042
-
total
3 956
1 574
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.

12 876
5 124
57 741
-
pensions
2 511
999
11 259
-
total
2 511
999
11 259
-
Corporate
53 614
62 876
-
-
income
4 825
5 659
-
-
total
4 825
5 659
-
-
Dividends
48 788
57 218
-
-
social contributions
9 455
11 099
-
-
withholding
9 270
10 871
-
-
total
18 725
21 970
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 017
30 202
29 000
21 200
After tax
38 983
38 798
40 000
47 800
Living cost
8 920
8 920
8 920
8 920
Free-cash
30 063
29 878
31 080
38 880

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴1925
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
₴43179
₴27751
₴24963
₴40088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
9 246
health
-
-
-
8 970
pensions
-
-
-
13 800
total
-
-
-
32 016
Employee
14 118
-
51 569
-
unemployment
226
-
825
-
pensions
282
-
1 031
-
income
1 589
-
9 942
-
total
2 097
-
11 798
-
Employer
14 118
-
51 569
-
health
1 835
-
6 704
-
pensions
2 824
-
10 313
-
unemployment
113
-
413
-
total
4 772
-
17 430
-
Corporate
50 110
69 000
-
-
income
10 022
13 800
-
-
total
10 022
13 800
-
-
Dividends
40 087
55 200
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
16 891
13 800
29 228
32 016
After tax
52 109
55 200
39 772
36 984
Living cost
12 021
12 021
12 021
12 021
Free-cash
40 088
43 179
27 751
24 963

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴5522
₴25666
₴36130
₴3885
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
-
-
-
128
income
-
-
-
18 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
21 759
Employee
17 478
-
60 926
-
pensions
1 968
-
3 853
-
income
2 398
-
13 319
-
health
2 001
-
6 976
-
total
6 367
-
24 148
-
Employer
17 478
-
60 926
-
pensions
2 842
-
5 564
-
accident
292
-
1 018
-
unemployment
428
-
1 493
-
total
3 562
-
8 075
-
Corporate
47 960
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.

43 164
62 100
-
-
total
43 164
62 100
-
-
Dividends
4 796
6 900
-
-
withholding
911
1 311
-
-
total
911
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 004
63 411
32 223
21 759
After tax
14 996
5 589
36 777
47 241
Living cost
11 111
11 111
11 111
11 111
Free-cash
3 885
-5 522
25 666
36 130

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
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.
₴2120
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
₴61540
₴51190
₴64300
₴60789
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
5 012
-
69 000
-
income
1 002
-
13 800
-
total
1 002
-
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%.

63 988
69 000
-
-
total
-
-
-
-
Dividends
63 988
69 000
-
-
withholding
3 199
3 450
-
-
total
3 199
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 201
3 450
13 800
690
After tax
64 799
65 550
55 200
68 310
Living cost
4 010
4 010
4 010
4 010
Free-cash
60 789
61 540
51 190
64 300

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
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
₴37433
₴26290
₴23440
₴34074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
9 425
other
-
-
-
3 277
health
-
-
-
3 036
pensions

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

-
-
-
16 561
total
-
-
-
32 299
Employee
18 070
-
55 110
-
unemployment
180
-
552
-
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.

1 265
-
3 858
-
income
3 111
-
10 377
-
health
253
-
772
-
total
4 809
-
15 559
-
Employer
18 070
-
55 110
-
health
253
-
772
-
pensions

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

3 072
-
9 369
-
accident
144
-
441
-
unemployment
180
-
552
-
other
904
-
2 756
-
total
4 553
-
13 890
-
Corporate
46 376
69 000
-
-
income
9 739
14 490
-
-
total
9 739
14 490
-
-
Dividends
36 637
54 510
-
-
withholding
2 564
3 816
-
-
total
2 564
3 816
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 665
18 306
29 449
32 299
After tax
47 335
50 694
39 551
36 701
Living cost
13 261
13 261
13 261
13 261
Free-cash
34 074
37 433
26 290
23 440

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2782
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
₴13921
₴7554
₴13902
₴11622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
17 748
pensions
-
-
-
4 102
total
-
-
-
21 850
Employee
47 041
-
60 447
-
pensions
4 538
-
5 181
-
income
8 480
-
13 515
-
health
775
-
948
-
total
13 793
-
19 644
-
Employer
47 041
-
60 447
-
health
893
-
1 149
-
pensions
5 554
-
7 405
-
total
6 447
-
8 554
-
Corporate
15 511
69 000
-
-
income

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

2 947
13 110
-
-
total
2 947
13 110
-
-
Dividends
12 564
55 890
-
-
withholding
943
8 721
-
-
total
943
8 721
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 130
21 831
28 198
21 850
After tax
44 870
47 169
40 802
47 150
Living cost
33 248
33 248
33 248
33 248
Free-cash
11 622
13 921
7 554
13 902

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴52471
₴49992
₴47485
₴50160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
10 350
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
14 991
Employee
8 638
-
65 590
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
6 559
-
health
397
-
799
-
total
2 114
-
9 075
-
Employer
8 638
-
65 590
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
58 667
69 000
-
-
income
5 867
6 900
-
-
total
5 867
6 900
-
-
Dividends
52 800
62 100
-
-
withholding
2 640
3 105
-
-
total
2 640
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
12 316
10 005
12 484
14 991
After tax
56 684
58 995
56 516
54 009
Living cost
6 524
6 524
6 524
6 524
Free-cash
50 160
52 471
49 992
47 485

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2076
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
₴6287
₴13230
₴11795
₴7539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
17 640
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
29 608
Employee
46 141
42 499
59 751
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
6 956
-
health
5 756
5 549
6 137
-
total
18 543
18 336
18 924
-
Employer
46 141
42 499
59 751
-
health
3 206
2 954
3 671
-
pensions
3 211
2 958
3 677
-
unemployment
1 661
1 530
1 901
-
total
8 078
7 442
9 249
-
Corporate
14 781
19 058
-
-
income
2 956
3 812
-
-
total
2 956
3 812
-
-
Dividends
11 825
15 247
-
-
income
2 513
3 239
-
-
withholding
1 774
2 287
-
-
total
4 287
5 526
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 864
35 116
28 173
29 608
After tax
35 136
33 884
40 827
39 392
Living cost
27 597
27 597
27 597
27 597
Free-cash
7 539
6 287
13 230
11 795

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
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
₴35301
₴22811
₴23600
₴30948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
6 318
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
9 315
total
-
-
-
33 195
Employee
17 948
-
51 493
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 347
-
income
2 154
-
6 179
-
health
2 423
-
6 951
-
total
5 744
-
16 477
-
Employer
17 948
-
51 493
-
health
1 615
-
4 634
-
social contributions
4 487
-
12 873
-
total
6 102
-
17 507
-
Corporate
44 949
69 000
-
-
income
8 540
13 110
-
-
total
8 540
13 110
-
-
Dividends
36 409
55 890
-
-
withholding
5 461
8 384
-
-
total
5 461
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 847
21 494
33 984
33 195
After tax
43 153
47 506
35 016
35 805
Living cost
12 205
12 205
12 205
12 205
Free-cash
30 948
35 301
22 811
23 600

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2619
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
₴15814
₴9765
₴13047
₴13217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 747
regional
-
-
-
795
municipal
-
-
-
410
national
-
-
-
16 001
total
-
-
-
34 953
Employee
44 230
-
69 000
-
municipal
234
-
365
-
national
7 664
-
13 903
-
regional
417
-
700
-
social contributions
14 914
-
23 267
-
total
23 229
-
38 235
-
Employer
44 230
-
69 000
-
total
-
-
-
-
Corporate
24 770
69 000
-
-
municipal
966
2 691
-
-
nationa
5 945
16 560
-
-
total
6 911
19 251
-
-
Dividends
17 858
49 750
-
-
withholding
4 643
12 935
-
-
total
4 643
12 935
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 783
32 186
38 235
34 953
After tax
34 217
36 814
30 765
34 047
Living cost
21 000
21 000
21 000
21 000
Free-cash
13 217
15 814
9 765
13 047

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
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.
₴4662
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
₴32419
₴20284
₴21760
₴30871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
15 910
other
-
-
-
-
surtax
-
-
-
2 235
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
36 258
Employee
16 458
-
57 002
-
other
-
-
-
-
unemployment
1 146
-
3 968
-
pensions
1 097
-
3 802
-
surtax
54
-
2 002
-
income
2 759
-
14 511
-
health
420
-
1 453
-
total
5 476
-
25 736
-
Employer
16 458
-
57 002
-
health
749
-
2 593
-
pensions
2 194
-
7 598
-
unemployment
521
-
1 807
-
other
-
-
-
-
total
3 464
-
11 998
-
Corporate
49 078
69 000
-
-
income
12 760
17 940
-
-
total
12 760
17 940
-
-
Dividends
36 318
51 060
-
-
withholding
5 447
7 659
-
-
total
5 447
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 147
25 599
37 734
36 258
After tax
41 853
43 401
31 266
32 742
Living cost
10 982
10 982
10 982
10 982
Free-cash
30 871
32 419
20 284
21 760

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3000
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
₴24455
₴18088
₴24436
₴25071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
17 748
pensions
-
-
-
4 102
total
-
-
-
21 850
Employee
31 526
-
60 447
-
pensions
2 676
-
5 181
-
income
5 678
-
13 515
-
health
458
-
948
-
total
8 812
-
19 644
-
Employer
31 526
-
60 447
-
health
599
-
1 149
-
pensions
3 413
-
7 405
-
total
4 012
-
8 554
-
Corporate
33 463
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.

6 358
13 110
-
-
total
6 358
13 110
-
-
Dividends
27 105
55 890
-
-
withholding
2 033
8 721
-
-
total
2 033
8 721
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 215
21 831
28 198
21 850
After tax
47 785
47 169
40 802
47 150
Living cost
22 714
22 714
22 714
22 714
Free-cash
25 071
24 455
18 088
24 436

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3756
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
-₴7744
₴14087
₴17448
₴9070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
other

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

-
-
-
1 380
regional
-
-
-
2 898
health
-
-
-
155
city
-
-
-
728
national
-
-
-
748
pensions
-
-
-
6 348
total
-
-
-
12 257
Employee
45 985
-
61 759
-
unemployment
-
-
-
-
pensions
3 863
-
5 188
-
national
218
-
589
-
regional
1 506
-
2 477
-
city
494
-
663
-
health
104
-
139
-
total
6 185
-
9 056
-
Employer
45 985
-
61 759
-
health
104
-
139
-
pensions
3 863
-
5 188
-
unemployment
-
-
-
-
other

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

919
-
1 235
-
total
4 886
-
6 562
-
Corporate
17 622
69 000
-
-
regional
3 727
14 594
-
-
national
1 498
5 865
-
-
total
5 225
20 459
-
-
Dividends
12 397
48 542
-
-
withholding
4 339
16 990
-
-
total
4 339
16 990
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 635
37 449
15 618
12 257
After tax
48 365
31 551
53 382
56 743
Living cost
39 295
39 295
39 295
39 295
Free-cash
9 070
-7 744
14 087
17 448

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
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.
₴9733
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
₴11323
₴22482
₴14617
₴19392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income

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

-
-
-
19 259
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.

-
-
-
1 060
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.

-
-
-
3 400
trade
-
-
-
7 865
total
-
-
-
31 584
Employee

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

29 909
-
69 000
-
surtax

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

194
-
1 060
-
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.

3 517
-
19 259
-
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.

3 400
-
3 400
-
total
7 111
-
23 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 091
69 000
-
-
income
5 864
10 350
-
-
surtax

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

322
569
-
-
chamber of commerce
130
173
-
-
trade
6 705
11 834
-
-
total
13 021
22 926
-
-
Dividends
26 070
46 074
-
-
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.

348
623
-
-
withholding
6 329
11 329
-
-
total
6 677
11 952
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 809
34 878
23 719
31 584
After tax
42 191
34 122
45 281
37 416
Living cost
22 799
22 799
22 799
22 799
Free-cash
19 392
11 323
22 482
14 617

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
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
₴17750
₴22983
₴22158
₴20690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
9 292
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 335
pensions
-
-
-
14 083
total
-
-
-
29 815
Employee
21 300
-
54 508
-
pensions
2 408
-
3 331
-
surtax
-
-
-
-
social contributions
607
-
1 554
-
income
1 257
-
9 614
-
total
4 272
-
14 499
-
Employer
21 300
-
54 508
-
health
1 491
-
4 500
-
pensions
3 499
-
5 690
-
unemployment
862
-
2 207
-
social contributions
64
-
163
-
other
735
-
1 931
-
total
6 651
-
14 491
-
Corporate
41 049
69 000
-
-
income
11 494
19 320
-
-
surtax
-
-
-
-
total
11 494
19 320
-
-
Dividends
29 555
49 680
-
-
surtax
-
-
-
-
social contributions
5 083
8 544
-
-
withholding
3 783
6 359
-
-
total
8 866
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 283
34 223
28 990
29 815
After tax
37 717
34 777
40 010
39 185
Living cost
17 027
17 027
17 027
17 027
Free-cash
20 690
17 750
22 983
22 158

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴19437
₴24670
₴23845
₴22202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
9 292
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 335
pensions
-
-
-
14 083
total
-
-
-
29 815
Employee
19 013
-
54 508
-
pensions
2 150
-
3 331
-
surtax
-
-
-
-
social contributions
542
-
1 554
-
income
980
-
9 614
-
total
3 672
-
14 499
-
Employer
19 013
-
54 508
-
health
1 331
-
4 500
-
pensions
3 124
-
5 690
-
unemployment
770
-
2 207
-
social contributions
57
-
163
-
other
656
-
1 931
-
total
5 938
-
14 491
-
Corporate
44 049
69 000
-
-
income
12 334
19 320
-
-
surtax
-
-
-
-
total
12 334
19 320
-
-
Dividends
31 715
49 680
-
-
surtax
-
-
-
-
social contributions
5 455
8 544
-
-
withholding
4 059
6 359
-
-
total
9 514
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 458
34 223
28 990
29 815
After tax
37 542
34 777
40 010
39 185
Living cost
15 340
15 340
15 340
15 340
Free-cash
22 202
19 437
24 670
23 845

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
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
₴31543
₴32883
₴33758
₴31800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
10 350
social contributions
-
-
-
9 522
health
-
-
-
4 817
total
-
-
-
24 689
Employee
16 874
-
69 000
-
social contributions
2 329
-
9 522
-
income
2 814
-
11 225
-
health
1 178
-
4 817
-
total
6 321
-
25 564
-
Employer
16 874
-
69 000
-
total
-
-
-
-
Corporate
52 126
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%.

2 607
3 450
-
-
total
2 607
3 450
-
-
Dividends
49 519
65 550
-
-
social contributions
6 834
9 046
-
-
withholding
7 428
9 832
-
-
health
3 457
4 576
-
-
total
17 719
23 454
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 647
26 904
25 564
24 689
After tax
42 353
42 096
43 436
44 311
Living cost
10 553
10 553
10 553
10 553
Free-cash
31 800
31 543
32 883
33 758

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
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.
₴2596
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
₴20819
₴926
₴17472
₴20051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
15 363
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
276
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
33 992
Employee
24 872
19 833
53 500
-
other
248
198
535
-
unemployment
746
595
1 605
-
pensions
2 547
2 031
5 479
-
income
2 831
1 463
12 451
-
health
962
768
2 070
-
total
7 334
5 055
22 140
-
Employer
24 872
19 833
53 500
-
chamber of commerce
99
79
214
-
health
940
750
2 022
-
pensions
3 121
2 490
6 714
-
accident
323
258
695
-
unemployment
746
595
1 605
-
surtax
98
98
98
-
payroll
746
595
1 605
-
other
1 181
942
2 541
-
total
7 254
5 807
15 494
-
Corporate
36 873
43 361
51 617
-
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.

9 219
10 840
12 904
-
total
9 219
10 840
12 904
-
Dividends
27 655
32 520
-
-
withholding
7 606
8 943
-
-
total
7 606
8 943
-
-
Income
69 000
69 000
69 000
69 000
Total tax
31 413
30 645
50 538
33 992
After tax
37 587
38 355
18 462
35 008
Living cost
17 536
17 536
17 536
17 536
Free-cash
20 051
20 819
926
17 472

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
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.
₴4056
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
₴20482
₴7191
₴12327
₴13017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
communal

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

-
-
-
3 488
social contributions
-
-
-
10 863
national
-
-
-
24 176
total
-
-
-
38 527
Employee

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

35 599
-
53 441
-
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.

310
-
465
-
communal

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

1 857
-
2 787
-
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.

2 670
-
4 008
-
national
10 945
-
18 335
-
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.

1 673
-
2 512
-
total
17 455
-
28 107
-
Employer

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

35 599
-
53 441
-
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.

2 189
-
3 287
-
pensions

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

3 154
-
4 735
-
accident

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

463
-
695
-
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.

519
-
780
-
surtax
4 036
-
6 059
-
total
10 361
-
15 556
-
Corporate
23 039
69 000
-
-
income
4 608
13 800
-
-
surtax
93
276
-
-
total
4 701
14 076
-
-
Dividends
18 338
54 924
-
-
withholding

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

5 320
16 296
-
-
total
5 320
16 296
-
-
Income
69 000
69 000
69 000
69 000
Total tax
37 837
30 372
43 663
38 527
After tax
31 163
38 628
25 337
30 473
Living cost
18 146
18 146
18 146
18 146
Free-cash
13 017
20 482
7 191
12 327

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
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.
₴4587
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
₴28245
₴18448
₴20838
₴24510
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
-
-
-
416
income
-
-
-
16 350
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
30 189
Employee
24 773
-
54 294
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
14 945
-
total
6 800
-
17 874
-
Employer
24 773
-
54 294
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
36 331
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.

5 449
10 350
-
-
total
5 449
10 350
-
-
Dividends
30 881
58 650
-
-
withholding
6 372
12 432
-
-
total
6 372
12 432
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 517
22 782
32 579
30 189
After tax
42 483
46 218
36 421
38 811
Living cost
17 973
17 973
17 973
17 973
Free-cash
24 510
28 245
18 448
20 838

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3204
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
₴14273
₴11908
₴9158
₴8952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
communal
-
-
-
4 360
accident
-
-
-
582
income
-
-
-
9 243
surtax
-
-
-
3 421
health
-
-
-
4 848
pensions
-
-
-
10 342
total
-
-
-
32 796
Employee
37 688
-
61 635
-
pensions
3 015
-
4 931
-
surtax
2 310
-
3 778
-
income
3 640
-
11 230
-
health
1 677
-
2 743
-
total
10 642
-
22 682
-
Employer
37 688
-
61 635
-
health
1 149
-
1 879
-
pensions
3 015
-
4 931
-
accident
339
-
554
-
total
4 503
-
7 364
-
Corporate
26 808
69 000
-
-
communal
1 810
4 658
-
-
income
4 021
10 350
-
-
surtax
281
724
-
-
total
6 112
15 732
-
-
Dividends
20 696
53 268
-
-
income
8 641
3 959
-
-
withholding
3 104
7 990
-
-
total
11 745
11 949
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 002
27 681
30 046
32 796
After tax
35 998
41 319
38 954
36 204
Living cost
27 046
27 046
27 046
27 046
Free-cash
8 952
14 273
11 908
9 158

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
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.
₴4832
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
₴32223
₴20088
₴21564
₴30640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
15 910
other
-
-
-
-
surtax
-
-
-
2 235
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
36 258
Employee
16 760
-
57 002
-
other
-
-
-
-
unemployment
1 166
-
3 968
-
pensions
1 118
-
3 802
-
surtax
59
-
2 002
-
income
2 810
-
14 511
-
health
428
-
1 453
-
total
5 581
-
25 736
-
Employer
16 760
-
57 002
-
health
762
-
2 593
-
pensions
2 235
-
7 598
-
unemployment
532
-
1 807
-
other
-
-
-
-
total
3 529
-
11 998
-
Corporate
48 712
69 000
-
-
income
12 665
17 940
-
-
total
12 665
17 940
-
-
Dividends
36 047
51 060
-
-
withholding
5 407
7 659
-
-
total
5 407
7 659
-
-
Income
69 000
69 000
69 000
69 000
Total tax
27 182
25 599
37 734
36 258
After tax
41 818
43 401
31 266
32 742
Living cost
11 178
11 178
11 178
11 178
Free-cash
30 640
32 223
20 088
21 564

Estimated living cost  is ₴11178 per week

₴6749
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.
₴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.
₴3199
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
₴22862
₴17130
₴20396
₴21758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 747
regional
-
-
-
1 040
municipal
-
-
-
410
national
-
-
-
16 001
total
-
-
-
35 198
Employee
27 607
-
69 000
-
municipal
146
-
365
-
national
4 374
-
13 903
-
regional
372
-
929
-
social contributions
9 309
-
23 267
-
total
14 201
-
38 464
-
Employer
27 607
-
69 000
-
total
-
-
-
-
Corporate
41 393
69 000
-
-
municipal
2 057
3 429
-
-
nationa
9 934
16 560
-
-
total
11 991
19 989
-
-
Dividends
29 402
49 011
-
-
withholding
7 644
12 743
-
-
total
7 644
12 743
-
-
Income
69 000
69 000
69 000
69 000
Total tax
33 836
32 732
38 464
35 198
After tax
35 164
36 268
30 536
33 802
Living cost
13 406
13 406
13 406
13 406
Free-cash
21 758
22 862
17 130
20 396

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
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
₴32467
₴19977
₴20766
₴27102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
6 318
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
9 315
total
-
-
-
33 195
Employee
22 117
-
51 493
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 347
-
income
2 654
-
6 179
-
health
2 986
-
6 951
-
total
7 078
-
16 477
-
Employer
22 117
-
51 493
-
health
1 990
-
4 634
-
social contributions
5 529
-
12 873
-
total
7 519
-
17 507
-
Corporate
39 363
69 000
-
-
income
7 479
13 110
-
-
total
7 479
13 110
-
-
Dividends
31 884
55 890
-
-
withholding
4 783
8 384
-
-
total
4 783
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 859
21 494
33 984
33 195
After tax
42 141
47 506
35 016
35 805
Living cost
15 039
15 039
15 039
15 039
Free-cash
27 102
32 467
19 977
20 766

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
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.
₴2762
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
₴22529
₴2600
₴19228
₴22285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
15 363
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
276
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
33 894
Employee
21 755
19 833
53 579
-
other
217
198
535
-
unemployment
653
595
1 607
-
pensions
2 228
2 031
5 486
-
income
1 938
1 463
12 478
-
health
841
768
2 074
-
total
5 877
5 055
22 180
-
Employer
21 755
19 833
53 579
-
chamber of commerce
87
79
214
-
health
823
750
2 025
-
pensions
2 730
2 490
6 724
-
accident
282
258
697
-
unemployment
653
595
1 607
-
surtax
-
-
-
-
payroll
653
595
1 607
-
other
1 033
942
2 545
-
total
6 261
5 709
15 419
-
Corporate
40 985
43 459
51 690
-
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.

10 246
10 865
12 923
-
total
10 246
10 865
12 923
-
Dividends
30 738
32 594
-
-
withholding
8 453
8 964
-
-
total
8 453
8 964
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 837
30 593
50 522
33 894
After tax
38 163
38 407
18 478
35 106
Living cost
15 878
15 878
15 878
15 878
Free-cash
22 285
22 529
2 600
19 228

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
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
₴59301
₴48951
₴62061
₴58129
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
7 811
-
69 000
-
income
1 562
-
13 800
-
total
1 562
-
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%.

61 189
69 000
-
-
total
-
-
-
-
Dividends
61 189
69 000
-
-
withholding
3 060
3 450
-
-
total
3 060
3 450
-
-
Income
69 000
69 000
69 000
69 000
Total tax
4 622
3 450
13 800
690
After tax
64 378
65 550
55 200
68 310
Living cost
6 249
6 249
6 249
6 249
Free-cash
58 129
59 301
48 951
62 061

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
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.
₴1548
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
₴34157
₴19471
₴21297
₴29995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
69 000
income
-
-
-
14 858
unemployment
-
-
-
104
health
-
-
-
6 790
pensions
-
-
-
12 602
total
-
-
-
34 354
Employee

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

22 007
-
59 704
-
unemployment
31
-
84
-
pensions
3 411
-
9 254
-
income
3 795
-
13 689
-
health
1 421
-
3 857
-
total
8 658
-
26 884
-
Employer

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

22 007
-
59 704
-
health
1 466
-
3 976
-
pensions
1 947
-
5 284
-
unemployment
13
-
36
-
total
3 426
-
9 296
-
Corporate
43 566
69 000
-
-
income
8 278
13 110
-
-
total
8 278
13 110
-
-
Dividends
35 288
55 890
-
-
withholding
5 294
8 384
-
-
total
5 294
8 384
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 656
21 494
36 180
34 354
After tax
43 344
47 506
32 820
34 646
Living cost
13 349
13 349
13 349
13 349
Free-cash
29 995
34 157
19 471
21 297

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
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
₴20722
₴41261
₴26427
-₴4460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
13 449
social contributions
-
-
-
7 866
total
-
-
-
21 315
Employee
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
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
52 202
27 020
6 481
21 315
After tax
16 798
41 980
62 519
47 685
Living cost
21 258
21 258
21 258
21 258
Free-cash
-4 460
20 722
41 261
26 427

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
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
₴23637
₴17309
₴21978
₴23136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income
-
-
-
7 435
surtax
-
-
-
-
social contributions

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

-
-
-
23 977
total
-
-
-
31 412
Employee
22 889
-
55 757
-
surtax
-
-
-
-
social contributions
2 518
-
6 133
-
income
4 761
-
16 706
-
total
7 279
-
22 839
-
Employer
22 889
-
55 757
-
social contributions
5 436
-
13 242
-
total
5 436
-
13 242
-
Corporate
40 675
69 000
-
-
income
8 541
14 490
-
-
surtax
-
-
-
-
total
8 541
14 490
-
-
Dividends
32 133
54 510
-
-
withholding
8 998
15 263
-
-
total
8 998
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 254
29 753
36 081
31 412
After tax
38 746
39 247
32 919
37 588
Living cost
15 610
15 610
15 610
15 610
Free-cash
23 136
23 637
17 309
21 978

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
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
₴10740
₴15973
₴15148
₴14158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
9 292
other
-
-
-
2 139
surtax
-
-
-
-
social contributions
-
-
-
1 966
health
-
-
-
2 335
pensions
-
-
-
14 083
total
-
-
-
29 815
Employee
31 170
-
54 508
-
pensions
3 526
-
3 331
-
surtax
-
-
-
-
social contributions
888
-
1 554
-
income
2 720
-
9 614
-
total
7 134
-
14 499
-
Employer
31 170
-
54 508
-
health
2 182
-
4 500
-
pensions
5 122
-
5 690
-
unemployment
1 263
-
2 207
-
social contributions
93
-
163
-
other
1 076
-
1 931
-
total
9 736
-
14 491
-
Corporate
28 094
69 000
-
-
income
7 866
19 320
-
-
surtax
-
-
-
-
total
7 866
19 320
-
-
Dividends
20 228
49 680
-
-
surtax
-
-
-
-
social contributions
3 479
8 544
-
-
withholding
2 590
6 359
-
-
total
6 069
14 903
-
-
Income
69 000
69 000
69 000
69 000
Total tax
30 805
34 223
28 990
29 815
After tax
38 195
34 777
40 010
39 185
Living cost
24 037
24 037
24 037
24 037
Free-cash
14 158
10 740
15 973
15 148

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
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
₴47140
₴38333
₴36500
₴45468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
2 360
social contributions
-
-
-
15 180
total
-
-
-
17 540
Employee
16 000
-
59 740
-
income
-
-
2 563
-
social contributions
1 040
-
3 884
-
total
1 040
-
6 447
-
Employer
16 000
-
59 740
-
social contributions
2 480
-
9 260
-
total
2 480
-
9 260
-
Corporate
50 520
69 000
-
-
income
5 052
6 900
-
-
total
5 052
6 900
-
-
Dividends
45 468
62 100
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
8 572
6 900
15 707
17 540
After tax
60 428
62 100
53 293
51 460
Living cost
14 960
14 960
14 960
14 960
Free-cash
45 468
47 140
38 333
36 500

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
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
-₴39427
-₴39427
₴17807
-₴39427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
labour market
-
-
-
5 485
municipal
-
-
-
13 819
national
-
-
-
7 491
pensions
-
-
-
431
total
-
-
-
27 226
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
69 000
69 000
69 000
69 000
Total tax
84 460
84 460
84 460
27 226
After tax
-15 460
-15 460
-15 460
41 774
Living cost
23 967
23 967
23 967
23 967
Free-cash
-39 427
-39 427
-39 427
17 807

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
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.
₴5075
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
-₴5358
₴25830
₴36294
₴3909
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
-
-
-
128
income
-
-
-
18 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
21 759
Employee
17 220
-
60 926
-
pensions
1 939
-
3 853
-
income
2 362
-
13 319
-
health
1 972
-
6 976
-
total
6 273
-
24 148
-
Employer
17 220
-
60 926
-
pensions
2 800
-
5 564
-
accident
288
-
1 018
-
unemployment
422
-
1 493
-
total
3 510
-
8 075
-
Corporate
48 271
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.

43 444
62 100
-
-
total
43 444
62 100
-
-
Dividends
4 827
6 900
-
-
withholding
917
1 311
-
-
total
917
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
54 144
63 411
32 223
21 759
After tax
14 856
5 589
36 777
47 241
Living cost
10 947
10 947
10 947
10 947
Free-cash
3 909
-5 358
25 830
36 294

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2149
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
₴25289
₴18275
₴27737
₴25845
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
-
-
-
855
municipal
-
-
-
12 266
national
-
-
-
9 035
total
-
-
-
22 156
Employee
26 184
-
58 046
-
municipal
4 289
-
9 462
-
unemployment
393
-
871
-
pensions
1 767
-
3 918
-
national
433
-
5 726
-
health
195
-
687
-
total
7 077
-
20 664
-
Employer
26 184
-
58 046
-
health
201
-
447
-
pensions
4 543
-
10 071
-
accident
26
-
58
-
unemployment
170
-
378
-
total
4 940
-
10 954
-
Corporate
37 876
69 000
-
-
income
7 575
13 800
-
-
total
7 575
13 800
-
-
Dividends

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

22 726
41 400
-
-
municipal
4 090
7 452
-
-
national
366
3 352
-
-
total
4 456
10 804
-
-
Income
69 000
69 000
69 000
69 000
Total tax
24 048
24 604
31 618
22 156
After tax
44 952
44 396
37 382
46 844
Living cost
19 107
19 107
19 107
19 107
Free-cash
25 845
25 289
18 275
27 737

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
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
₴38874
₴35915
₴36574
₴36165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
11 092
social contributions
-
-
-
8 052
health
-
-
-
1 759
total
-
-
-
20 903
Employee
38 269
38 269
63 540
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
10 738
-
health
297
651
1 080
-
total
5 911
7 370
16 102
-
Employer
38 269
38 269
63 540
-
health
322
708
1 176
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 460
-
Corporate
49 798
26 847
-
-
income
6 225
3 356
-
-
total
6 225
3 356
-
-
Dividends
43 574
23 491
-
-
withholding
7 407
3 993
-
-
total
7 407
3 993
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 312
18 603
21 562
20 903
After tax
47 688
50 397
47 438
48 097
Living cost
11 523
11 523
11 523
11 523
Free-cash
36 165
38 874
35 915
36 574

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
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.
₴3232
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
₴49237
₴39268
₴49251
₴46705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
69 000
income
-
-
-
6 866
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
11 847
Employee

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

11 423
-
64 136
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
5 633
-
health
971
-
4 014
-
total
3 522
-
16 966
-
Employer

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

11 423
-
64 136
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
56 401
69 000
-
-
income
5 076
6 210
-
-
total
5 076
6 210
-
-
Dividends
51 325
62 790
-
-
withholding
4 619
5 651
-
-
total
4 619
5 651
-
-
Income
69 000
69 000
69 000
69 000
Total tax
14 393
11 861
21 830
11 847
After tax
54 607
57 139
47 170
57 153
Living cost
7 902
7 902
7 902
7 902
Free-cash
46 705
49 237
39 268
49 251

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
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.
₴2055
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
₴32533
₴22736
₴25126
₴30153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
accident
-
-
-
416
income
-
-
-
16 350
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
30 189
Employee
18 402
-
54 294
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
14 945
-
total
4 716
-
17 874
-
Employer
18 402
-
54 294
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
44 731
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.

6 709
10 350
-
-
total
6 709
10 350
-
-
Dividends
38 022
58 650
-
-
withholding
7 871
12 432
-
-
total
7 871
12 432
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 162
22 782
32 579
30 189
After tax
43 838
46 218
36 421
38 811
Living cost
13 685
13 685
13 685
13 685
Free-cash
30 153
32 533
22 736
25 126

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
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.
₴2893
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
₴42048
₴43178
₴43250
₴41882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
23 474
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
24 742
Employee
1 535
-
68 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
23 435
-
health
77
-
184
-
total
527
-
23 987
-
Employer
1 535
-
68 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
67 119
69 000
-
-
income
14 766
15 180
-
-
total
14 766
15 180
-
-
Dividends
52 353
53 820
-
-
withholding
10 471
10 764
-
-
total
10 471
10 764
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 110
25 944
24 814
24 742
After tax
42 890
43 056
44 186
44 258
Living cost
1 008
1 008
1 008
1 008
Free-cash
41 882
42 048
43 178
43 250

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴304
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
₴41263
₴31359
₴31358
₴38819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
69 000
income
-
-
-
15 175
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
29 052
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.

12 954
-
62 429
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
15 175
-
health
667
-
1 891
-
total
4 364
-
22 480
-
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.

12 954
-
62 429
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
53 727
69 000
-
-
income
8 059
10 350
-
-
total
8 059
10 350
-
-
Dividends
45 668
58 650
-
-
withholding
6 850
8 797
-
-
total
6 850
8 797
-
-
Income
69 000
69 000
69 000
69 000
Total tax
21 591
19 147
29 051
29 052
After tax
47 409
49 853
39 949
39 948
Living cost
8 590
8 590
8 590
8 590
Free-cash
38 819
41 263
31 359
31 358

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
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.
₴1893
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
₴25830
₴19502
₴24171
₴25651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income
-
-
-
7 435
surtax
-
-
-
-
social contributions

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

-
-
-
23 977
total
-
-
-
31 412
Employee
19 316
-
55 757
-
surtax
-
-
-
-
social contributions
2 125
-
6 133
-
income
3 774
-
16 706
-
total
5 899
-
22 839
-
Employer
19 316
-
55 757
-
social contributions
4 587
-
13 242
-
total
4 587
-
13 242
-
Corporate
45 097
69 000
-
-
income
9 471
14 490
-
-
surtax
-
-
-
-
total
9 471
14 490
-
-
Dividends
35 626
54 510
-
-
withholding
9 975
15 263
-
-
total
9 975
15 263
-
-
Income
69 000
69 000
69 000
69 000
Total tax
29 932
29 753
36 081
31 412
After tax
39 068
39 247
32 919
37 588
Living cost
13 417
13 417
13 417
13 417
Free-cash
25 651
25 830
19 502
24 171

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
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.
₴2745
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
₴28728
₴18931
₴21321
₴25161
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
-
-
-
416
income
-
-
-
16 350
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
30 189
Employee
24 035
-
54 294
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
14 945
-
total
6 546
-
17 874
-
Employer
24 035
-
54 294
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
37 301
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.

5 595
10 350
-
-
total
5 595
10 350
-
-
Dividends
31 707
58 650
-
-
withholding
6 545
12 432
-
-
total
6 545
12 432
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 349
22 782
32 579
30 189
After tax
42 651
46 218
36 421
38 811
Living cost
17 490
17 490
17 490
17 490
Free-cash
25 161
28 728
18 931
21 321

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
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
₴50436
₴47957
₴45450
₴47403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
10 350
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
14 991
Employee
11 334
-
65 590
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
6 559
-
health
521
-
799
-
total
2 775
-
9 075
-
Employer
11 334
-
65 590
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
55 443
69 000
-
-
income
5 544
6 900
-
-
total
5 544
6 900
-
-
Dividends
49 899
62 100
-
-
withholding
2 495
3 105
-
-
total
2 495
3 105
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 038
10 005
12 484
14 991
After tax
55 962
58 995
56 516
54 009
Living cost
8 559
8 559
8 559
8 559
Free-cash
47 403
50 436
47 957
45 450

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2204
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
₴16328
₴26067
₴19486
₴22837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
69 000
income

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

-
-
-
19 259
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.

-
-
-
1 060
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.

-
-
-
3 400
trade
-
-
-
6 581
total
-
-
-
30 300
Employee

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

24 762
-
69 000
-
surtax

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

112
-
1 060
-
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.

2 036
-
19 259
-
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.

3 400
-
3 400
-
total
5 548
-
23 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 238
69 000
-
-
income
6 636
10 350
-
-
surtax

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

365
569
-
-
chamber of commerce
141
177
-
-
trade
6 348
9 901
-
-
total
13 490
20 997
-
-
Dividends
30 748
48 002
-
-
surtax

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

413
650
-
-
withholding
7 498
11 811
-
-
total
7 911
12 461
-
-
Income
69 000
69 000
69 000
69 000
Total tax
26 949
33 458
23 719
30 300
After tax
42 051
35 542
45 281
38 700
Living cost
19 214
19 214
19 214
19 214
Free-cash
22 837
16 328
26 067
19 486

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
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.
₴3613
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
₴19950
₴10197
₴10197
₴21049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
19 374
social contributions
-
-
-
11 079
total
-
-
-
30 453
Employee
38 929
-
69 000
-
income
7 346
-
19 374
-
social contributions
3 234
-
11 079
-
total
10 580
-
30 453
-
Employer
38 929
-
69 000
-
total
-
-
-
-
Corporate
30 071
69 000
-
-
income
3 759
8 625
-
-
total
3 759
8 625
-
-
Dividends
26 312
60 375
-
-
withholding
5 262
12 075
-
-
total
5 262
12 075
-
-
Income
69 000
69 000
69 000
69 000
Total tax
19 601
20 700
30 453
30 453
After tax
49 399
48 300
38 547
38 547
Living cost
28 350
28 350
28 350
28 350
Free-cash
21 049
19 950
10 197
10 197

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴24155
₴32134
₴33751
₴25896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
69 000
income
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
66 711
-
income
2 477
-
14 222
-
social contributions
2 287
-
2 289
-
total
4 764
-
16 511
-
Employer
22 830
-
66 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
43 882
69 000
-
-
income
15 358
24 150
-
-
total
15 358
24 150
-
-
Dividends
28 524
44 850
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
69 000
69 000
69 000
69 000
Total tax
25 038
26 779
18 800
17 183
After tax
43 962
42 221
50 200
51 817
Living cost
18 066
18 066
18 066
18 066
Free-cash
25 896
24 155
32 134
33 751

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
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.
₴4464
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
₴28703
₴22336
₴28684
₴30426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
income
-
-
-
17 748
pensions
-
-
-
4 102
total
-
-
-
21 850
Employee
25 347
-
60 447
-
pensions
1 935
-
5 181
-
income
4 616
-
13 515
-
health
331
-
948
-
total
6 882
-
19 644
-
Employer
25 347
-
60 447
-
health
482
-
1 149
-
pensions
2 561
-
7 405
-
total
3 043
-
8 554
-
Corporate
40 610
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.

7 716
13 110
-
-
total
7 716
13 110
-
-
Dividends
32 895
55 890
-
-
withholding
2 467
8 721
-
-
total
2 467
8 721
-
-
Income
69 000
69 000
69 000
69 000
Total tax
20 108
21 831
28 198
21 850
After tax
48 892
47 169
40 802
47 150
Living cost
18 466
18 466
18 466
18 466
Free-cash
30 426
28 703
22 336
28 684

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
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
-₴6442
₴24746
₴35210
₴3743
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
-
-
-
128
income
-
-
-
18 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
21 759
Employee
18 925
-
60 926
-
pensions
2 131
-
3 853
-
income
2 596
-
13 319
-
health
2 167
-
6 976
-
total
6 894
-
24 148
-
Employer
18 925
-
60 926
-
pensions
3 077
-
5 564
-
accident
316
-
1 018
-
unemployment
464
-
1 493
-
total
3 857
-
8 075
-
Corporate
46 219
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.

41 597
62 100
-
-
total
41 597
62 100
-
-
Dividends
4 622
6 900
-
-
withholding
878
1 311
-
-
total
878
1 311
-
-
Income
69 000
69 000
69 000
69 000
Total tax
53 226
63 411
32 223
21 759
After tax
15 774
5 589
36 777
47 241
Living cost
12 031
12 031
12 031
12 031
Free-cash
3 743
-6 442
24 746
35 210

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2258
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
₴51339
₴40236
₴32207
₴49011
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
-
-
-
11 094
unemployment
-
-
-
828
work injury
-
-
-
345
health insurance
-
-
-
5 106
pensions
-
-
-
12 696
total
-
-
-
30 069
Employee

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

10 758
-
69 000
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
11 094
-
total
4 034
-
22 040
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 242
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%.

582
690
-
-
total
582
690
-
-
Dividends
57 660
68 310
-
-
withholding
8 649
10 247
-
-
total
8 649
10 247
-
-
Income
69 000
69 000
69 000
69 000
Total tax
13 265
10 937
22 040
30 069
After tax
55 735
58 063
46 960
38 931
Living cost
6 724
6 724
6 724
6 724
Free-cash
49 011
51 339
40 236
32 207

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1860
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
₴16519
₴10253
₴13410
₴14256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 000
social contributions
-
-
-
17 747
regional
-
-
-
1 555
municipal
-
-
-
461
national
-
-
-
16 001
total
-
-
-
35 764
Employee
41 937
-
69 000
-
municipal
250
-
412
-
national
7 087
-
13 903
-
regional
633
-
1 339
-
social contributions
14 141
-
23 267
-
total
22 111
-
38 921
-
Employer
41 937
-
69 000
-
total
-
-
-
-
Corporate
27 063
69 000
-
-
municipal
1 304
3 325
-
-
nationa
6 495
16 560
-
-
total
7 799
19 885
-
-
Dividends
19 264
49 115
-
-
withholding
5 008
12 770
-
-
total
5 008
12 770
-
-
Income
69 000
69 000
69 000
69 000
Total tax
34 918
32 655
38 921
35 764
After tax
34 082
36 345
30 079
33 236
Living cost
19 826
19 826
19 826
19 826
Free-cash
14 256
16 519
10 253
13 410

Estimated living cost  is ₴19826 per week

₴13927
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.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
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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