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
₴ 69500
per

Your estimated
City
free-cash

Valencia , Spain
₴36424
₴29181
₴30459
₴37768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
unemployment
-
-
-
197
income
-
-
-
22 214
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
30 674
Employee
11 251
-
60 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
21 170
-
other
11
-
28
-
total
2 883
-
22 961
-
Employer
11 251
-
60 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
54 662
69 500
-
-
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.

8 199
10 425
-
-
total
8 199
10 425
-
-
Dividends
46 463
59 075
-
-
withholding
10 040
12 940
-
-
total
10 040
12 940
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 709
23 365
31 952
30 674
After tax
44 791
46 135
37 548
38 826
Living cost
8 367
8 367
8 367
8 367
Free-cash
36 424
37 768
29 181
30 459

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴40900
₴33228
₴33800
₴42954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
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.

-
-
-
11 105
income
-
-
-
12 253
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
27 592
Employee
11 048
-
57 749
-
health
155
-
648
-
unemployment
110
-
463
-
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.

773
-
3 239
-
income
1 902
-
12 062
-
total
2 940
-
16 412
-
Employer
11 048
-
57 749
-
health
155
-
648
-
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.

1 878
-
7 866
-
accident
88
-
462
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 752
-
Corporate
55 668
69 500
-
-
income
11 690
14 595
-
-
total
11 690
14 595
-
-
Dividends
43 978
54 905
-
-
withholding
3 078
3 843
-
-
total
3 078
3 843
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 492
18 438
28 164
27 592
After tax
49 008
51 062
41 336
41 908
Living cost
8 108
8 108
8 108
8 108
Free-cash
40 900
42 954
33 228
33 800

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴54023
₴55147
₴52252
₴55435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
10 425
health
-
-
-
1 222
total
-
-
-
13 261
Employee
5 280
-
67 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
6 742
-
total
1 293
-
8 281
-
Employer
5 280
-
67 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
63 184
69 500
-
-
income
6 318
6 950
-
-
total
6 318
6 950
-
-
Dividends
56 866
62 550
-
-
withholding
2 843
3 128
-
-
total
2 843
3 128
-
-
Income
69 500
69 500
69 500
69 500
Total tax
11 490
10 078
10 366
13 261
After tax
58 010
59 422
59 134
56 239
Living cost
3 987
3 987
3 987
3 987
Free-cash
54 023
55 435
55 147
52 252

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴26416
₴25428
₴27531
₴24618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
13 113
other
-
-
-
2 154
health
-
-
-
3 435
social contributions
-
-
-
1 980
pensions
-
-
-
10 877
surtax
-
-
-
-
total
-
-
-
31 559
Employee
13 022
-
52 966
-
pensions
1 472
-
4 024
-
income
769
-
11 595
-
social contributions
371
-
1 509
-
surtax
-
-
-
-
total
2 612
-
17 128
-
Employer
13 022
-
52 966
-
health
912
-
5 304
-
social contributions
39
-
159
-
pensions
2 139
-
6 714
-
unemployment
527
-
2 145
-
other
449
-
2 212
-
total
4 066
-
16 534
-
Corporate
52 411
69 500
-
-
income
14 675
19 460
-
-
surtax
-
-
-
-
total
14 675
19 460
-
-
Dividends
37 736
50 040
-
-
social contributions
6 491
8 607
-
-
surtax
-
-
-
-
withholding
4 830
6 405
-
-
total
11 321
15 012
-
-
Income
69 500
69 500
69 500
69 500
Total tax
32 674
34 472
33 662
31 559
After tax
36 826
35 028
35 838
37 941
Living cost
10 410
10 410
10 410
10 410
Free-cash
26 416
24 618
25 428
27 531

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴20037
₴31701
₴24517
₴21901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions
-
-
-
3 565
income
-
-
-
24 920
health
-
-
-
3 752
total
-
-
-
32 237
Employee
25 983
25 983
63 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
12 082
-
total
12 918
11 210
19 399
-
Employer
25 983
25 983
63 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
39 285
38 967
-
-
income
7 857
7 793
-
-
total
7 857
7 793
-
-
Dividends
31 429
31 173
-
-
income
6 678
6 625
-
-
withholding
4 715
4 676
-
-
total
11 393
11 301
-
-
Income
69 500
69 500
69 500
69 500
Total tax
36 717
34 853
25 053
32 237
After tax
32 783
34 647
44 447
37 263
Living cost
12 746
12 746
12 746
12 746
Free-cash
20 037
21 901
31 701
24 517

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴29176
₴33681
₴24963
₴25811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
8 718
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.

-
-
-
23 246
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.

-
-
-
2 079
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.

-
-
-
1 278
total
-
-
-
35 321
Employee

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

11 638
-
69 500
-
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.

2 079
-
2 079
-
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.

325
-
23 246
-
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.

18
-
1 278
-
total
2 422
-
26 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 862
69 500
-
-
income
8 680
10 425
-
-
trade
9 113
10 947
-
-
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.

478
573
-
-
chamber of commerce
129
146
-
-
total
18 400
22 091
-
-
Dividends
39 463
47 409
-
-
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.

536
646
-
-
withholding
9 750
11 736
-
-
total
10 286
12 382
-
-
Income
69 500
69 500
69 500
69 500
Total tax
31 108
34 473
26 603
35 321
After tax
38 392
35 027
42 897
34 179
Living cost
9 216
9 216
9 216
9 216
Free-cash
29 176
25 811
33 681
24 963

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴41947
₴39094
₴39662
₴43603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
16 098
health
-
-
-
1 772
social contributions
-
-
-
4 923
total
-
-
-
22 793
Employee
23 397
23 397
65 666
-
health
181
398
1 116
-
income
2 548
2 166
15 792
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
19 527
-
Employer
23 397
23 397
65 666
-
health
197
433
1 215
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 834
-
Corporate
57 760
43 728
-
-
income
7 220
5 466
-
-
total
7 220
5 466
-
-
Dividends
50 540
38 262
-
-
withholding
8 592
6 505
-
-
total
8 592
6 505
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 508
18 852
23 361
22 793
After tax
48 992
50 648
46 139
46 707
Living cost
7 045
7 045
7 045
7 045
Free-cash
41 947
43 603
39 094
39 662

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴29681
₴21189
₴26656
₴29987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
9 149
social contributions

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

-
-
-
24 151
surtax
-
-
-
-
total
-
-
-
33 300
Employee
13 994
-
56 162
-
income
2 911
-
19 156
-
social contributions
1 539
-
6 178
-
surtax
-
-
95
-
total
4 450
-
25 429
-
Employer
13 994
-
56 162
-
social contributions
3 324
-
13 338
-
total
3 324
-
13 338
-
Corporate
52 182
69 500
-
-
income
10 958
14 595
-
-
surtax
-
-
-
-
total
10 958
14 595
-
-
Dividends
41 224
54 905
-
-
withholding
11 543
15 374
-
-
total
11 543
15 374
-
-
Income
69 500
69 500
69 500
69 500
Total tax
30 275
29 969
38 767
33 300
After tax
39 225
39 531
30 733
36 200
Living cost
9 544
9 544
9 544
9 544
Free-cash
29 681
29 987
21 189
26 656

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴63225
₴53242
₴66447
₴63667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
69 500
microenterprise

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

-
-
-
695
total
-
-
-
695
Employee
2 948
-
69 500
-
income
589
-
13 900
-
total
589
-
13 900
-
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%.

66 552
69 500
-
-
total
-
-
-
-
Dividends
66 552
69 500
-
-
withholding
3 328
3 475
-
-
total
3 328
3 475
-
-
Income
69 500
69 500
69 500
69 500
Total tax
3 917
3 475
13 900
695
After tax
65 583
66 025
55 600
68 805
Living cost
2 358
2 358
2 358
2 358
Free-cash
63 225
63 667
53 242
66 447

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴37144
₴22486
₴23993
₴39690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
pensions
-
-
-
12 693
unemployment
-
-
-
105
income
-
-
-
17 709
health
-
-
-
6 839
total
-
-
-
37 346
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.

13 455
-
60 137
-
health
869
-
3 885
-
unemployment
19
-
84
-
pensions
2 086
-
9 321
-
income
2 320
-
16 200
-
total
5 294
-
29 490
-
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.

13 455
-
60 137
-
health
896
-
4 005
-
pensions
1 191
-
5 322
-
unemployment
8
-
36
-
total
2 095
-
9 363
-
Corporate
53 950
69 500
-
-
income
10 251
13 205
-
-
total
10 251
13 205
-
-
Dividends
43 700
56 295
-
-
withholding
6 555
8 444
-
-
total
6 555
8 444
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 195
21 649
38 853
37 346
After tax
45 305
47 851
30 647
32 154
Living cost
8 161
8 161
8 161
8 161
Free-cash
37 144
39 690
22 486
23 993

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴33586
₴37400
₴46106
₴32522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
10 425
health

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

-
-
-
1 924
total
-
-
-
12 349
Employee
13 958
-
68 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
18 255
-
total
2 913
-
19 655
-
Employer
13 958
-
68 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
54 143
69 500
-
-
income
18 950
24 325
-
-
total
18 950
24 325
-
-
Dividends
35 193
45 175
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 869
25 933
21 055
12 349
After tax
44 631
43 567
48 445
57 151
Living cost
11 045
11 045
11 045
11 045
Free-cash
33 586
32 522
37 400
46 106

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴36106
₴36281
₴38181
₴35949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
10 425
health
-
-
-
4 851
social contributions
-
-
-
9 591
total
-
-
-
24 867
Employee
10 317
-
69 500
-
health
720
-
4 851
-
income
1 721
-
12 325
-
social contributions
1 424
-
9 591
-
total
3 865
-
26 767
-
Employer
10 317
-
69 500
-
total
-
-
-
-
Corporate
59 183
69 500
-
-
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%.

2 959
3 475
-
-
total
2 959
3 475
-
-
Dividends
56 224
66 025
-
-
social contributions
7 759
9 112
-
-
withholding
8 434
9 904
-
-
health
3 925
4 608
-
-
total
20 118
23 624
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 942
27 099
26 767
24 867
After tax
42 558
42 401
42 733
44 633
Living cost
6 452
6 452
6 452
6 452
Free-cash
36 106
35 949
36 281
38 181

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴36296
₴29890
₴33001
₴39334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
7 526
health
-
-
-
9 382
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 128
total
-
-
-
27 982
Employee
12 525
-
55 949
-
health
1 691
-
7 553
-
solidarity contribution
-
-
849
-
income
1 503
-
6 927
-
social contributions
814
-
2 214
-
total
4 008
-
17 543
-
Employer
12 525
-
55 949
-
health
1 127
-
5 035
-
social contributions
3 131
-
8 515
-
total
4 258
-
13 550
-
Corporate
52 716
69 500
-
-
income
10 016
13 205
-
-
total
10 016
13 205
-
-
Dividends
42 700
56 295
-
-
withholding
6 405
8 444
-
-
total
6 405
8 444
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 687
21 649
31 093
27 982
After tax
44 813
47 851
38 407
41 518
Living cost
8 517
8 517
8 517
8 517
Free-cash
36 296
39 334
29 890
33 001

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴61661
₴51925
₴65130
₴62350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
69 500
microenterprise

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

-
-
-
695
total
-
-
-
695
Employee
4 594
-
69 500
-
income
919
-
13 900
-
total
919
-
13 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 906
69 500
-
-
total
-
-
-
-
Dividends
64 906
69 500
-
-
withholding
3 245
3 475
-
-
total
3 245
3 475
-
-
Income
69 500
69 500
69 500
69 500
Total tax
4 164
3 475
13 900
695
After tax
65 336
66 025
55 600
68 805
Living cost
3 675
3 675
3 675
3 675
Free-cash
61 661
62 350
51 925
65 130

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴22423
₴21142
₴23245
₴20332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
13 113
other
-
-
-
2 154
health
-
-
-
3 435
social contributions
-
-
-
1 980
pensions
-
-
-
10 877
surtax
-
-
-
-
total
-
-
-
31 559
Employee
19 057
-
52 966
-
pensions
2 155
-
4 024
-
income
1 663
-
11 595
-
social contributions
543
-
1 509
-
surtax
-
-
-
-
total
4 361
-
17 128
-
Employer
19 057
-
52 966
-
health
1 334
-
5 304
-
social contributions
57
-
159
-
pensions
3 131
-
6 714
-
unemployment
772
-
2 145
-
other
658
-
2 212
-
total
5 952
-
16 534
-
Corporate
44 491
69 500
-
-
income
12 458
19 460
-
-
surtax
-
-
-
-
total
12 458
19 460
-
-
Dividends
32 033
50 040
-
-
social contributions
5 510
8 607
-
-
surtax
-
-
-
-
withholding
4 100
6 405
-
-
total
9 610
15 012
-
-
Income
69 500
69 500
69 500
69 500
Total tax
32 381
34 472
33 662
31 559
After tax
37 119
35 028
35 838
37 941
Living cost
14 696
14 696
14 696
14 696
Free-cash
22 423
20 332
21 142
23 245

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴43477
₴39671
₴39672
₴44968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
16 108
health
-
-
-
2 309
total
-
-
-
24 582
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.

7 911
-
65 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
16 108
-
total
2 664
-
20 570
-
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.

7 911
-
65 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
60 173
69 500
-
-
income
9 026
10 425
-
-
total
9 026
10 425
-
-
Dividends
51 147
59 075
-
-
withholding
7 672
8 861
-
-
total
7 672
8 861
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 777
19 286
24 583
24 582
After tax
48 723
50 214
44 917
44 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
43 477
44 968
39 671
39 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴19943
₴31713
₴33753
₴11092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions
-
-
-
6 394
city
-
-
-
733
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.

-
-
-
1 390
health
-
-
-
156
regional
-
-
-
4 159
national
-
-
-
2 226
total
-
-
-
15 058
Employee
24 212
-
62 764
-
health
55
-
141
-
unemployment
-
-
-
-
city
260
-
682
-
pensions
2 034
-
4 649
-
regional
793
-
3 731
-
national
115
-
1 850
-
total
3 257
-
11 053
-
Employer
24 212
-
62 764
-
health
55
-
141
-
pensions
2 034
-
4 649
-
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.

484
-
1 255
-
total
2 573
-
6 045
-
Corporate
42 449
69 500
-
-
regional
8 978
14 699
-
-
national
3 608
5 907
-
-
total
12 586
20 606
-
-
Dividends
29 863
48 893
-
-
withholding
10 452
17 113
-
-
total
10 452
17 113
-
-
Income
69 500
69 500
69 500
69 500
Total tax
28 868
37 719
17 098
15 058
After tax
40 632
31 781
52 402
54 442
Living cost
20 689
20 689
20 689
20 689
Free-cash
19 943
11 092
31 713
33 753

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
₴31821
₴22873
₴30835
₴30880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
69 500
municipal
-
-
-
12 340
health
-
-
-
943
national
-
-
-
13 700
total
-
-
-
26 983
Employee
16 008
-
58 467
-
health
120
-
773
-
unemployment
240
-
877
-
pensions
1 080
-
3 947
-
national
264
-
8 799
-
municipal
2 622
-
9 517
-
total
4 326
-
23 913
-
Employer
16 008
-
58 467
-
health
123
-
450
-
pensions
2 777
-
10 144
-
accident
16
-
58
-
unemployment
104
-
380
-
total
3 020
-
11 032
-
Corporate
50 471
69 500
-
-
income
10 094
13 900
-
-
total
10 094
13 900
-
-
Dividends

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

30 283
41 700
-
-
municipal
5 451
7 506
-
-
national
3 106
5 532
-
-
total
8 557
13 038
-
-
Income
69 500
69 500
69 500
69 500
Total tax
25 997
26 938
34 945
26 983
After tax
43 503
42 562
34 555
42 517
Living cost
11 682
11 682
11 682
11 682
Free-cash
31 821
30 880
22 873
30 835

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Brussels , Belgium
₴23178
₴12488
₴19139
₴26987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
communal

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

-
-
-
3 715
social contributions
-
-
-
7 586
national
-
-
-
27 966
total
-
-
-
39 267
Employee

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

21 765
-
53 830
-
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.

1 023
-
2 530
-
communal

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

1 135
-
2 807
-
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.

189
-
468
-
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.

1 632
-
4 037
-
national
6 691
-
20 406
-
total
10 670
-
30 248
-
Employer

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

21 765
-
53 830
-
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.

1 338
-
3 311
-
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.

1 929
-
4 769
-
surtax
2 468
-
6 104
-
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.

283
-
700
-
unemployment

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

318
-
786
-
total
6 336
-
15 670
-
Corporate
41 400
69 500
-
-
income
8 280
14 958
-
-
surtax
166
299
-
-
total
8 446
15 257
-
-
Dividends
32 954
54 243
-
-
withholding

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

9 776
16 162
-
-
total
9 776
16 162
-
-
Income
69 500
69 500
69 500
69 500
Total tax
35 228
31 419
45 918
39 267
After tax
34 272
38 081
23 582
30 233
Living cost
11 094
11 094
11 094
11 094
Free-cash
23 178
26 987
12 488
19 139

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴24445
₴21471
₴21790
₴24742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
unemployment
-
-
-
29
municipal
-
-
-
18 225
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
7 895
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
34 505
Employee
18 816
-
60 407
-
national
-
-
7 717
-
municipal
5 611
-
18 013
-
total
5 611
-
25 730
-
Employer
18 816
-
60 407
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
44 772
69 500
-
-
income
9 850
15 290
-
-
total
9 850
15 290
-
-
Dividends
34 922
54 210
-
-
withholding
10 477
16 263
-
-
total
10 477
16 263
-
-
Income
69 500
69 500
69 500
69 500
Total tax
31 850
31 553
34 824
34 505
After tax
37 650
37 947
34 676
34 995
Living cost
13 205
13 205
13 205
13 205
Free-cash
24 445
24 742
21 471
21 790

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴11367
₴50311
₴33324
₴27578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
13 547
social contributions
-
-
-
7 923
total
-
-
-
21 470
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
18 683
69 500
-
-
income
4 110
15 290
-
-
total
4 110
15 290
-
-
Dividends
14 573
54 210
-
-
income
3 206
11 926
-
-
total
3 206
11 926
-
-
Income
69 500
69 500
69 500
69 500
Total tax
43 427
27 216
4 483
21 470
After tax
26 073
42 284
65 017
48 030
Living cost
14 706
14 706
14 706
14 706
Free-cash
11 367
27 578
50 311
33 324

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴39518
₴36270
₴36838
₴40779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
16 098
health
-
-
-
1 772
social contributions
-
-
-
4 923
total
-
-
-
22 793
Employee
23 397
23 397
65 666
-
health
233
398
1 116
-
income
2 457
2 166
15 792
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
19 527
-
Employer
23 397
23 397
65 666
-
health
253
433
1 215
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 834
-
Corporate
54 414
43 728
-
-
income
6 802
5 466
-
-
total
6 802
5 466
-
-
Dividends
47 612
38 262
-
-
withholding
8 094
6 505
-
-
total
8 094
6 505
-
-
Income
69 500
69 500
69 500
69 500
Total tax
20 113
18 852
23 361
22 793
After tax
49 387
50 648
46 139
46 707
Living cost
9 869
9 869
9 869
9 869
Free-cash
39 518
40 779
36 270
36 838

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴34402
₴27642
₴33834
₴32661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
21 742
pensions
-
-
-
3 000
total
-
-
-
24 742
Employee
14 994
-
60 549
-
health
196
-
809
-
pensions
1 144
-
3 560
-
income
2 731
-
17 614
-
total
4 071
-
21 983
-
Employer
14 994
-
60 549
-
health
285
-
1 150
-
pensions
1 515
-
7 801
-
total
1 800
-
8 951
-
Corporate
52 706
69 500
-
-
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.

10 014
13 205
-
-
total
10 014
13 205
-
-
Dividends
42 692
56 295
-
-
withholding
8 289
12 710
-
-
total
8 289
12 710
-
-
Income
69 500
69 500
69 500
69 500
Total tax
24 174
25 915
30 934
24 742
After tax
45 326
43 585
38 566
44 758
Living cost
10 924
10 924
10 924
10 924
Free-cash
34 402
32 661
27 642
33 834

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴23102
₴18064
₴20564
₴24487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
municipal
-
-
-
488
regional
-
-
-
1 705
social contributions
-
-
-
15 229
national
-
-
-
19 393
total
-
-
-
36 815
Employee
25 640
-
69 500
-
social contributions
8 646
-
19 965
-
regional
387
-
1 548
-
national
4 333
-
17 356
-
municipal
153
-
446
-
total
13 519
-
39 315
-
Employer
25 640
-
69 500
-
total
-
-
-
-
Corporate
43 860
69 500
-
-
nationa
10 527
16 680
-
-
municipal
2 114
3 350
-
-
total
12 641
20 030
-
-
Dividends
31 220
49 470
-
-
withholding
8 117
12 862
-
-
total
8 117
12 862
-
-
Income
69 500
69 500
69 500
69 500
Total tax
34 277
32 892
39 315
36 815
After tax
35 223
36 608
30 185
32 685
Living cost
12 121
12 121
12 121
12 121
Free-cash
23 102
24 487
18 064
20 564

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4633
₴31868
₴40950
-₴869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions
-
-
-
1 229
income
-
-
-
19 995
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
22 052
Employee
10 222
-
63 625
-
health
1 170
-
7 285
-
pensions
1 151
-
2 253
-
income
1 402
-
15 721
-
total
3 723
-
25 259
-
Employer
10 222
-
63 625
-
pensions
1 662
-
3 254
-
accident
171
-
1 062
-
unemployment
250
-
1 559
-
total
2 083
-
5 875
-
Corporate
57 195
69 500
-
-
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.

51 476
62 550
-
-
total
51 476
62 550
-
-
Dividends
5 720
6 950
-
-
withholding
1 087
1 321
-
-
total
1 087
1 321
-
-
Income
69 500
69 500
69 500
69 500
Total tax
58 369
63 871
31 134
22 052
After tax
11 131
5 629
38 366
47 448
Living cost
6 498
6 498
6 498
6 498
Free-cash
4 633
-869
31 868
40 950

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴27974
₴31150
₴23207
₴23995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
trade
-
-
-
7 943
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.

-
-
-
23 246
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.

-
-
-
2 079
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.

-
-
-
1 278
total
-
-
-
34 546
Employee

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

15 139
-
69 500
-
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.

2 079
-
2 079
-
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.

1 245
-
23 246
-
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.

69
-
1 278
-
total
3 393
-
26 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 361
69 500
-
-
income
8 154
10 425
-
-
trade
7 801
9 973
-
-
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.

449
573
-
-
chamber of commerce
126
148
-
-
total
16 530
21 119
-
-
Dividends
37 831
48 381
-
-
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.

514
659
-
-
withholding
9 342
11 980
-
-
total
9 856
12 639
-
-
Income
69 500
69 500
69 500
69 500
Total tax
29 779
33 758
26 603
34 546
After tax
39 721
35 742
42 897
34 954
Living cost
11 747
11 747
11 747
11 747
Free-cash
27 974
23 995
31 150
23 207

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴46773
₴23941
₴19020
₴49270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
69 500
income
-
-
-
14 770
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
17 722
total
-
-
-
44 150
Employee
8 891
-
54 743
-
income
1 583
-
12 544
-
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.

978
-
3 989
-
surtax
-
-
7 938
-
total
2 561
-
24 471
-
Employer
8 891
-
54 743
-
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.

2 142
-
8 736
-
surtax
-
-
6 022
-
total
2 142
-
14 758
-
Corporate
58 467
69 500
-
-
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%.

11 694
13 900
-
-
total
11 694
13 900
-
-
Dividends

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

46 774
55 600
-
-
total
-
-
-
-
Income
69 500
69 500
69 500
69 500
Total tax
16 397
13 900
39 229
44 150
After tax
53 103
55 600
30 271
25 350
Living cost
6 330
6 330
6 330
6 330
Free-cash
46 773
49 270
23 941
19 020

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴38963
₴38900
₴39171
₴39585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
income
-
-
-
21 787
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
26 546
Employee
5 761
-
66 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
21 642
-
total
1 980
-
23 712
-
Employer
5 761
-
66 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
62 442
69 500
-
-
income
13 737
15 290
-
-
total
13 737
15 290
-
-
Dividends
48 705
54 210
-
-
withholding
9 741
10 842
-
-
total
9 741
10 842
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 754
26 132
26 817
26 546
After tax
42 746
43 368
42 683
42 954
Living cost
3 783
3 783
3 783
3 783
Free-cash
38 963
39 585
38 900
39 171

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴35913
₴23984
₴25844
₴36881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
22 019
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 729
total
-
-
-
36 822
Employee
10 247
-
60 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
20 199
-
other
-
-
-
-
surtax
36
-
3 365
-
total
3 413
-
30 134
-
Employer
10 247
-
60 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
57 096
69 500
-
-
income
14 845
18 070
-
-
total
14 845
18 070
-
-
Dividends
42 251
51 430
-
-
withholding
6 338
7 715
-
-
total
6 338
7 715
-
-
Income
69 500
69 500
69 500
69 500
Total tax
26 753
25 785
38 682
36 822
After tax
42 747
43 715
30 818
32 678
Living cost
6 834
6 834
6 834
6 834
Free-cash
35 913
36 881
23 984
25 844

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴28477
₴8519
₴25940
₴28628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
69 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
278
unemployment
-
-
-
1 866
income