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
₴ 70000
per

Your estimated
City
free-cash

Valencia , Spain
₴36751
₴29457
₴30733
₴38095
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
-
-
-
70 000
unemployment
-
-
-
197
income
-
-
-
22 440
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
30 900
Employee
11 250
-
61 010
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
21 395
-
other
11
-
28
-
total
2 883
-
23 186
-
Employer
11 250
-
61 010
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
55 163
70 000
-
-
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.

8 274
10 500
-
-
total
8 274
10 500
-
-
Dividends
46 889
59 500
-
-
withholding
10 138
13 038
-
-
total
10 138
13 038
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 882
23 538
32 176
30 900
After tax
45 118
46 462
37 824
39 100
Living cost
8 367
8 367
8 367
8 367
Free-cash
36 751
38 095
29 457
30 733

Estimated living cost  is ₴8367 per week

₴5647
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
₴41268
₴33602
₴34177
₴43322
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
-
-
-
70 000
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.

-
-
-
11 104
income
-
-
-
12 378
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
27 716
Employee
11 047
-
58 245
-
health
155
-
648
-
unemployment
110
-
462
-
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
-
12 187
-
total
2 940
-
16 536
-
Employer
11 047
-
58 245
-
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
-
466
-
unemployment
110
-
462
-
other
553
-
2 313
-
total
2 784
-
11 755
-
Corporate
56 169
70 000
-
-
income
11 795
14 700
-
-
total
11 795
14 700
-
-
Dividends
44 373
55 300
-
-
withholding
3 106
3 871
-
-
total
3 106
3 871
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 625
18 571
28 291
27 716
After tax
49 375
51 429
41 709
42 284
Living cost
8 107
8 107
8 107
8 107
Free-cash
41 268
43 322
33 602
34 177

Estimated living cost  is ₴8107 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
₴54450
₴55598
₴52677
₴55863
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
-
-
-
70 000
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
-
-
-
10 500
health
-
-
-
1 222
total
-
-
-
13 336
Employee
5 280
-
67 916
-
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
-
6 791
-
total
1 293
-
8 330
-
Employer
5 280
-
67 916
-
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
63 684
70 000
-
-
income
6 368
7 000
-
-
total
6 368
7 000
-
-
Dividends
57 316
63 000
-
-
withholding
2 866
3 150
-
-
total
2 866
3 150
-
-
Income
70 000
70 000
70 000
70 000
Total tax
11 563
10 150
10 415
13 336
After tax
58 437
59 850
59 585
56 664
Living cost
3 987
3 987
3 987
3 987
Free-cash
54 450
55 863
55 598
52 677

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
₴26667
₴25612
₴27760
₴24870
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
-
-
-
70 000
income
-
-
-
13 275
other
-
-
-
2 170
health
-
-
-
3 472
social contributions
-
-
-
1 995
pensions
-
-
-
10 918
surtax
-
-
-
-
total
-
-
-
31 830
Employee
13 022
-
53 325
-
pensions
1 472
-
4 060
-
income
768
-
11 724
-
social contributions
371
-
1 520
-
surtax
-
-
-
-
total
2 611
-
17 304
-
Employer
13 022
-
53 325
-
health
912
-
5 351
-
social contributions
39
-
160
-
pensions
2 139
-
6 773
-
unemployment
527
-
2 159
-
other
449
-
2 231
-
total
4 066
-
16 674
-
Corporate
52 912
70 000
-
-
income
14 816
19 600
-
-
surtax
-
-
-
-
total
14 816
19 600
-
-
Dividends
38 096
50 400
-
-
social contributions
6 553
8 669
-
-
surtax
-
-
-
-
withholding
4 877
6 451
-
-
total
11 430
15 120
-
-
Income
70 000
70 000
70 000
70 000
Total tax
32 923
34 720
33 978
31 830
After tax
37 077
35 280
36 022
38 170
Living cost
10 410
10 410
10 410
10 410
Free-cash
26 667
24 870
25 612
27 760

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
₴20292
₴32020
₴24758
₴22156
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
-
-
-
70 000
pensions
-
-
-
3 565
income
-
-
-
25 179
health
-
-
-
3 752
total
-
-
-
32 496
Employee
25 982
25 982
64 346
-
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
12 263
-
total
12 918
11 210
19 580
-
Employer
25 982
25 982
64 346
-
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
39 787
39 468
-
-
income
7 957
7 893
-
-
total
7 957
7 893
-
-
Dividends
31 829
31 575
-
-
income
6 764
6 710
-
-
withholding
4 774
4 736
-
-
total
11 538
11 446
-
-
Income
70 000
70 000
70 000
70 000
Total tax
36 962
35 098
25 234
32 496
After tax
33 038
34 902
44 766
37 504
Living cost
12 746
12 746
12 746
12 746
Free-cash
20 292
22 156
32 020
24 758

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.
₴2361
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
₴29427
₴33958
₴25161
₴26063
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.

-
-
-
70 000
trade
-
-
-
8 797
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.

-
-
-
23 457
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.

-
-
-
1 290
total
-
-
-
35 623
Employee

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

11 637
-
70 000
-
health

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

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

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
-
23 457
-
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
-
1 290
-
total
2 422
-
26 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 363
70 000
-
-
income
8 754
10 500
-
-
trade
9 192
11 025
-
-
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.

482
577
-
-
chamber of commerce
130
147
-
-
total
18 558
22 249
-
-
Dividends
39 805
47 751
-
-
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.

541
650
-
-
withholding
9 836
11 822
-
-
total
10 377
12 472
-
-
Income
70 000
70 000
70 000
70 000
Total tax
31 357
34 721
26 826
35 623
After tax
38 643
35 279
43 174
34 377
Living cost
9 216
9 216
9 216
9 216
Free-cash
29 427
26 063
33 958
25 161

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
₴42312
₴39408
₴39979
₴43968
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
-
-
-
70 000
income
-
-
-
16 269
health
-
-
-
1 785
social contributions
-
-
-
4 923
total
-
-
-
22 977
Employee
23 396
23 396
66 157
-
health
181
398
1 125
-
income
2 547
2 166
15 961
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
19 705
-
Employer
23 396
23 396
66 157
-
health
197
433
1 224
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 843
-
Corporate
58 261
44 229
-
-
income
7 283
5 528
-
-
total
7 283
5 528
-
-
Dividends
50 978
38 701
-
-
withholding
8 666
6 579
-
-
total
8 666
6 579
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 644
18 988
23 548
22 977
After tax
49 356
51 012
46 452
47 023
Living cost
7 044
7 044
7 044
7 044
Free-cash
42 312
43 968
39 408
39 979

Estimated living cost  is ₴7044 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
₴29966
₴21366
₴26891
₴30272
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.

-
-
-
70 000
income
-
-
-
9 240
social contributions

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

-
-
-
24 325
surtax
-
-
-
-
total
-
-
-
33 565
Employee
13 993
-
56 565
-
income
2 911
-
19 329
-
social contributions
1 539
-
6 222
-
surtax
-
-
104
-
total
4 450
-
25 655
-
Employer
13 993
-
56 565
-
social contributions
3 323
-
13 435
-
total
3 323
-
13 435
-
Corporate
52 683
70 000
-
-
income
11 063
14 700
-
-
surtax
-
-
-
-
total
11 063
14 700
-
-
Dividends
41 620
55 300
-
-
withholding
11 654
15 484
-
-
total
11 654
15 484
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 490
30 184
39 090
33 565
After tax
39 510
39 816
30 910
36 435
Living cost
9 544
9 544
9 544
9 544
Free-cash
29 966
30 272
21 366
26 891

Estimated living cost  is ₴9544 per week

₴7140
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
₴63694
₴53637
₴66937
₴64137
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%.

-
-
-
70 000
microenterprise

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

-
-
-
700
total
-
-
-
700
Employee
2 953
-
70 000
-
income
591
-
14 000
-
total
591
-
14 000
-
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%.

67 047
70 000
-
-
total
-
-
-
-
Dividends
67 047
70 000
-
-
withholding
3 352
3 500
-
-
total
3 352
3 500
-
-
Income
70 000
70 000
70 000
70 000
Total tax
3 943
3 500
14 000
700
After tax
66 057
66 500
56 000
69 300
Living cost
2 363
2 363
2 363
2 363
Free-cash
63 694
64 137
53 637
66 937

Estimated living cost  is ₴2363 per week

₴1464
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.
₴637
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
₴37488
₴22655
₴24174
₴40034
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.

-
-
-
70 000
pensions
-
-
-
12 784
unemployment
-
-
-
105
income
-
-
-
17 888
health
-
-
-
6 888
total
-
-
-
37 665
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.

13 454
-
60 569
-
health
869
-
3 913
-
unemployment
19
-
85
-
pensions
2 086
-
9 388
-
income
2 320
-
16 368
-
total
5 294
-
29 754
-
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.

13 454
-
60 569
-
health
896
-
4 034
-
pensions
1 191
-
5 360
-
unemployment
8
-
36
-
total
2 095
-
9 430
-
Corporate
54 451
70 000
-
-
income
10 346
13 300
-
-
total
10 346
13 300
-
-
Dividends
44 106
56 700
-
-
withholding
6 616
8 505
-
-
total
6 616
8 505
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 351
21 805
39 184
37 665
After tax
45 649
48 195
30 816
32 335
Living cost
8 161
8 161
8 161
8 161
Free-cash
37 488
40 034
22 655
24 174

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
₴33913
₴37724
₴46531
₴32848
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.

-
-
-
70 000
income
-
-
-
10 500
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
-
-
-
12 424
Employee
13 957
-
68 600
-
social contributions
1 398
-
1 400
-
income
1 514
-
18 431
-
total
2 912
-
19 831
-
Employer
13 957
-
68 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
54 644
70 000
-
-
income
19 125
24 500
-
-
total
19 125
24 500
-
-
Dividends
35 519
45 500
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
70 000
70 000
70 000
70 000
Total tax
25 042
26 107
21 231
12 424
After tax
44 958
43 893
48 769
57 576
Living cost
11 045
11 045
11 045
11 045
Free-cash
33 913
32 848
37 724
46 531

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
₴36412
₴36576
₴38502
₴36254
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
-
-
-
70 000
income
-
-
-
10 500
health
-
-
-
4 886
social contributions
-
-
-
9 660
total
-
-
-
25 046
Employee
10 316
-
70 000
-
health
720
-
4 886
-
income
1 721
-
12 426
-
social contributions
1 424
-
9 660
-
total
3 865
-
26 972
-
Employer
10 316
-
70 000
-
total
-
-
-
-
Corporate
59 684
70 000
-
-
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%.

2 984
3 500
-
-
total
2 984
3 500
-
-
Dividends
56 699
66 500
-
-
social contributions
7 825
9 177
-
-
withholding
8 505
9 975
-
-
health
3 957
4 642
-
-
total
20 287
23 794
-
-
Income
70 000
70 000
70 000
70 000
Total tax
27 136
27 294
26 972
25 046
After tax
42 864
42 706
43 028
44 954
Living cost
6 452
6 452
6 452
6 452
Free-cash
36 412
36 254
36 576
38 502

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
₴36641
₴30200
₴33340
₴39679
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
-
-
-
70 000
income
-
-
-
7 591
health
-
-
-
9 450
social contributions
-
-
-
9 945
solidarity contribution
-
-
-
1 158
total
-
-
-
28 144
Employee
12 524
-
56 409
-
health
1 691
-
7 615
-
solidarity contribution
-
-
877
-
income
1 503
-
6 987
-
social contributions
814
-
2 214
-
total
4 008
-
17 693
-
Employer
12 524
-
56 409
-
health
1 127
-
5 077
-
social contributions
3 131
-
8 514
-
total
4 258
-
13 591
-
Corporate
53 218
70 000
-
-
income
10 111
13 300
-
-
total
10 111
13 300
-
-
Dividends
43 106
56 700
-
-
withholding
6 466
8 505
-
-
total
6 466
8 505
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 843
21 805
31 284
28 144
After tax
45 157
48 195
38 716
41 856
Living cost
8 516
8 516
8 516
8 516
Free-cash
36 641
39 679
30 200
33 340

Estimated living cost  is ₴8516 per week

₴6333
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
₴62128
₴52318
₴65618
₴62818
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%.

-
-
-
70 000
microenterprise

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

-
-
-
700
total
-
-
-
700
Employee
4 602
-
70 000
-
income
920
-
14 000
-
total
920
-
14 000
-
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%.

65 398
70 000
-
-
total
-
-
-
-
Dividends
65 398
70 000
-
-
withholding
3 270
3 500
-
-
total
3 270
3 500
-
-
Income
70 000
70 000
70 000
70 000
Total tax
4 190
3 500
14 000
700
After tax
65 810
66 500
56 000
69 300
Living cost
3 682
3 682
3 682
3 682
Free-cash
62 128
62 818
52 318
65 618

Estimated living cost  is ₴3682 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴155
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.
₴912
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
₴22675
₴21327
₴23475
₴20585
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
-
-
-
70 000
income
-
-
-
13 275
other
-
-
-
2 170
health
-
-
-
3 472
social contributions
-
-
-
1 995
pensions
-
-
-
10 918
surtax
-
-
-
-
total
-
-
-
31 830
Employee
19 056
-
53 325
-
pensions
2 155
-
4 060
-
income
1 663
-
11 724
-
social contributions
543
-
1 520
-
surtax
-
-
-
-
total
4 361
-
17 304
-
Employer
19 056
-
53 325
-
health
1 334
-
5 351
-
social contributions
57
-
160
-
pensions
3 131
-
6 773
-
unemployment
772
-
2 159
-
other
658
-
2 231
-
total
5 952
-
16 674
-
Corporate
44 992
70 000
-
-
income
12 598
19 600
-
-
surtax
-
-
-
-
total
12 598
19 600
-
-
Dividends
32 394
50 400
-
-
social contributions
5 572
8 669
-
-
surtax
-
-
-
-
withholding
4 147
6 451
-
-
total
9 719
15 120
-
-
Income
70 000
70 000
70 000
70 000
Total tax
32 630
34 720
33 978
31 830
After tax
37 370
35 280
36 022
38 170
Living cost
14 695
14 695
14 695
14 695
Free-cash
22 675
20 585
21 327
23 475

Estimated living cost  is ₴14695 per week

₴9945
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
₴43838
₴40046
₴40047
₴45329
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.

-
-
-
70 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
16 233
health
-
-
-
2 309
total
-
-
-
24 707
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
-
65 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
16 233
-
total
2 664
-
20 695
-
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
-
65 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
60 673
70 000
-
-
income
9 101
10 500
-
-
total
9 101
10 500
-
-
Dividends
51 572
59 500
-
-
withholding
7 736
8 925
-
-
total
7 736
8 925
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 916
19 425
24 708
24 707
After tax
49 084
50 575
45 292
45 293
Living cost
5 246
5 246
5 246
5 246
Free-cash
43 838
45 329
40 046
40 047

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
₴20172
₴32069
₴34106
₴11318
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
-
-
-
70 000
pensions
-
-
-
6 440
city
-
-
-
738
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.

-
-
-
1 400
health
-
-
-
157
regional
-
-
-
4 203
national
-
-
-
2 265
total
-
-
-
15 203
Employee
24 214
-
63 226
-
health
55
-
142
-
unemployment
-
-
-
-
city
260
-
687
-
pensions
2 034
-
4 672
-
regional
793
-
3 774
-
national
115
-
1 887
-
total
3 257
-
11 162
-
Employer
24 214
-
63 226
-
health
55
-
142
-
pensions
2 034
-
4 672
-
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
-
1 264
-
total
2 573
-
6 078
-
Corporate
42 947
70 000
-
-
regional
9 083
14 805
-
-
national
3 650
5 950
-
-
total
12 733
20 755
-
-
Dividends
30 213
49 245
-
-
withholding
10 574
17 236
-
-
total
10 574
17 236
-
-
Income
70 000
70 000
70 000
70 000
Total tax
29 137
37 991
17 240
15 203
After tax
40 863
32 009
52 760
54 797
Living cost
20 691
20 691
20 691
20 691
Free-cash
20 172
11 318
32 069
34 106

Estimated living cost  is ₴20691 per week

₴13455
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
₴32104
₴23067
₴31084
₴31163
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

-
-
-
70 000
municipal
-
-
-
12 429
health
-
-
-
951
national
-
-
-
13 855
total
-
-
-
27 235
Employee
16 007
-
58 888
-
health
120
-
780
-
unemployment
240
-
883
-
pensions
1 080
-
3 975
-
national
264
-
8 917
-
municipal
2 622
-
9 585
-
total
4 326
-
24 140
-
Employer
16 007
-
58 888
-
health
123
-
453
-
pensions
2 777
-
10 217
-
accident
16
-
59
-
unemployment
104
-
383
-
total
3 020
-
11 112
-
Corporate
50 972
70 000
-
-
income
10 194
14 000
-
-
total
10 194
14 000
-
-
Dividends

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

30 583
42 000
-
-
municipal
5 505
7 560
-
-
national
3 170
5 596
-
-
total
8 675
13 156
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 215
27 156
35 252
27 235
After tax
43 785
42 844
34 748
42 765
Living cost
11 681
11 681
11 681
11 681
Free-cash
32 104
31 163
23 067
31 084

Estimated living cost  is ₴11681 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
₴23459
₴12634
₴19359
₴27232
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
-
-
-
70 000
communal

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

-
-
-
3 745
social contributions
-
-
-
7 586
national
-
-
-
28 216
total
-
-
-
39 547
Employee

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

21 764
-
54 217
-
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
-
2 549
-
communal

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

1 135
-
2 828
-
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
-
472
-
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
-
4 066
-
national
6 691
-
20 574
-
total
10 670
-
30 489
-
Employer

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

21 764
-
54 217
-
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
-
3 334
-
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.

1 928
-
4 804
-
surtax
2 468
-
6 148
-
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
-
705
-
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
-
792
-
total
6 335
-
15 783
-
Corporate
41 901
70 000
-
-
income
8 380
15 104
-
-
surtax
167
302
-
-
total
8 547
15 406
-
-
Dividends
33 354
54 594
-
-
withholding

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

9 895
16 268
-
-
total
9 895
16 268
-
-
Income
70 000
70 000
70 000
70 000
Total tax
35 447
31 674
46 272
39 547
After tax
34 553
38 326
23 728
30 453
Living cost
11 094
11 094
11 094
11 094
Free-cash
23 459
27 232
12 634
19 359

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
₴24728
₴21703
₴22023
₴25024
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
-
-
-
70 000
unemployment
-
-
-
29
municipal
-
-
-
18 376
other
-
-
-
3 361
health
-
-
-
1 805
national
-
-
-
8 026
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
34 781
Employee
18 803
-
60 913
-
national
-
-
7 849
-
municipal
5 607
-
18 164
-
total
5 607
-
26 013
-
Employer
18 803
-
60 913
-
health
1 156
-
1 779
-
pensions
2 033
-
3 126
-
accident
38
-
58
-
unemployment
496
-
764
-
other
2 185
-
3 361
-
total
5 908
-
9 088
-
Corporate
45 289
70 000
-
-
income
9 963
15 400
-
-
total
9 963
15 400
-
-
Dividends
35 325
54 600
-
-
withholding
10 598
16 380
-
-
total
10 598
16 380
-
-
Income
70 000
70 000
70 000
70 000
Total tax
32 076
31 780
35 101
34 781
After tax
37 924
38 220
34 899
35 219
Living cost
13 196
13 196
13 196
13 196
Free-cash
24 728
25 024
21 703
22 023

Estimated living cost  is ₴13196 per week

₴8746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2955
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
₴11667
₴50808
₴33668
₴27880
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
-
-
-
70 000
income
-
-
-
13 644
social contributions
-
-
-
7 980
total
-
-
-
21 624
Employee
21 090
-
-
-
income
4 652
-
-
-
social contributions
1 729
-
246
-
total
6 381
-
246
-
Employer
21 090
-
-
-
social contributions
29 736
-
4 238
-
total
29 736
-
4 238
-
Corporate
19 174
70 000
-
-
income
4 218
15 400
-
-
total
4 218
15 400
-
-
Dividends
14 956
54 600
-
-
income
3 290
12 012
-
-
total
3 290
12 012
-
-
Income
70 000
70 000
70 000
70 000
Total tax
43 625
27 412
4 484
21 624
After tax
26 375
42 588
65 516
48 376
Living cost
14 708
14 708
14 708
14 708
Free-cash
11 667
27 880
50 808
33 668

Estimated living cost  is ₴14708 per week

₴9543
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
₴39881
₴36583
₴37154
₴41144
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
-
-
-
70 000
income
-
-
-
16 269
health
-
-
-
1 785
social contributions
-
-
-
4 923
total
-
-
-
22 977
Employee
23 396
23 396
66 157
-
health
233
398
1 125
-
income
2 457
2 166
15 961
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
19 705
-
Employer
23 396
23 396
66 157
-
health
253
433
1 224
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 843
-
Corporate
54 915
44 229
-
-
income
6 864
5 528
-
-
total
6 864
5 528
-
-
Dividends
48 050
38 701
-
-
withholding
8 169
6 579
-
-
total
8 169
6 579
-
-
Income
70 000
70 000
70 000
70 000
Total tax
20 250
18 988
23 548
22 977
After tax
49 750
51 012
46 452
47 023
Living cost
9 868
9 868
9 868
9 868
Free-cash
39 881
41 144
36 583
37 154

Estimated living cost  is ₴9868 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
₴34676
₴27891
₴34127
₴32935
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
-
-
-
70 000
income
-
-
-
21 939
pensions
-
-
-
3 010
total
-
-
-
24 949
Employee
14 994
-
60 981
-
health
196
-
814
-
pensions
1 144
-
3 569
-
income
2 731
-
17 782
-
total
4 071
-
22 165
-
Employer
14 994
-
60 981
-
health
285
-
1 159
-
pensions
1 515
-
7 861
-
total
1 800
-
9 020
-
Corporate
53 206
70 000
-
-
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.

10 109
13 300
-
-
total
10 109
13 300
-
-
Dividends
43 097
56 700
-
-
withholding
8 420
12 841
-
-
total
8 420
12 841
-
-
Income
70 000
70 000
70 000
70 000
Total tax
24 400
26 141
31 185
24 949
After tax
45 600
43 859
38 815
45 051
Living cost
10 924
10 924
10 924
10 924
Free-cash
34 676
32 935
27 891
34 127

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
₴23366
₴18329
₴20828
₴24750
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
-
-
-
70 000
municipal
-
-
-
493
regional
-
-
-
1 722
social contributions
-
-
-
15 228
national
-
-
-
19 608
total
-
-
-
37 051
Employee
25 638
-
70 000
-
social contributions
8 645
-
19 964
-
regional
387
-
1 564
-
national
4 333
-
17 572
-
municipal
153
-
450
-
total
13 518
-
39 550
-
Employer
25 638
-
70 000
-
total
-
-
-
-
Corporate
44 362
70 000
-
-
nationa
10 647
16 800
-
-
municipal
2 138
3 374
-
-
total
12 785
20 174
-
-
Dividends
31 577
49 826
-
-
withholding
8 210
12 955
-
-
total
8 210
12 955
-
-
Income
70 000
70 000
70 000
70 000
Total tax
34 513
33 129
39 550
37 051
After tax
35 487
36 871
30 450
32 949
Living cost
12 121
12 121
12 121
12 121
Free-cash
23 366
24 750
18 329
20 828

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
₴4674
₴32156
₴41290
-₴828
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
-
-
-
70 000
pensions
-
-
-
1 229
income
-
-
-
20 155
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
22 212
Employee
10 222
-
64 105
-
health
1 170
-
7 340
-
pensions
1 151
-
2 253
-
income
1 402
-
15 857
-
total
3 723
-
25 450
-
Employer
10 222
-
64 105
-
pensions
1 662
-
3 254
-
accident
171
-
1 071
-
unemployment
250
-
1 571
-
total
2 083
-
5 896
-
Corporate
57 695
70 000
-
-
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.

51 926
63 000
-
-
total
51 926
63 000
-
-
Dividends
5 770
7 000
-
-
withholding
1 096
1 330
-
-
total
1 096
1 330
-
-
Income
70 000
70 000
70 000
70 000
Total tax
58 828
64 330
31 346
22 212
After tax
11 172
5 670
38 654
47 788
Living cost
6 498
6 498
6 498
6 498
Free-cash
4 674
-828
32 156
41 290

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
₴28233
₴31428
₴23413
₴24253
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.

-
-
-
70 000
trade
-
-
-
8 015
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.

-
-
-
23 457
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.

-
-
-
1 290
total
-
-
-
34 841
Employee

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

15 139
-
70 000
-
health

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

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

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
-
23 457
-
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
-
1 290
-
total
3 393
-
26 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 861
70 000
-
-
income
8 229
10 500
-
-
trade
7 873
10 045
-
-
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.

453
577
-
-
chamber of commerce
126
149
-
-
total
16 681
21 271
-
-
Dividends
38 180
48 728
-
-
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.

518
663
-
-
withholding
9 429
12 067
-
-
total
9 947
12 730
-
-
Income
70 000
70 000
70 000
70 000
Total tax
30 021
34 001
26 826
34 841
After tax
39 979
35 999
43 174
35 159
Living cost
11 746
11 746
11 746
11 746
Free-cash
28 233
24 253
31 428
23 413

Estimated living cost  is ₴11746 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
₴47173
₴24186
₴19235
₴49670
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.

-
-
-
70 000
income
-
-
-
14 928
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.

-
-
-
11 657
surtax
-
-
-
17 850
total
-
-
-
44 435
Employee
8 890
-
55 194
-
income
1 583
-
12 686
-
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
-
-
8 003
-
total
2 561
-
24 678
-
Employer
8 890
-
55 194
-
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
-
8 735
-
surtax
-
-
6 071
-
total
2 142
-
14 806
-
Corporate
58 968
70 000
-
-
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%.

11 794
14 000
-
-
total
11 794
14 000
-
-
Dividends

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

47 174
56 000
-
-
total
-
-
-
-
Income
70 000
70 000
70 000
70 000
Total tax
16 497
14 000
39 484
44 435
After tax
53 503
56 000
30 516
25 565
Living cost
6 330
6 330
6 330
6 330
Free-cash
47 173
49 670
24 186
19 235

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
₴39275
₴39225
₴39496
₴39897
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
-
-
-
70 000
income
-
-
-
21 962
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
26 721
Employee
5 761
-
66 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
21 817
-
total
1 980
-
23 887
-
Employer
5 761
-
66 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
62 942
70 000
-
-
income
13 847
15 400
-
-
total
13 847
15 400
-
-
Dividends
49 095
54 600
-
-
withholding
9 819
10 920
-
-
total
9 819
10 920
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 942
26 320
26 992
26 721
After tax
43 058
43 680
43 008
43 279
Living cost
3 783
3 783
3 783
3 783
Free-cash
39 275
39 897
39 225
39 496

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
₴36228
₴24215
₴26075
₴37196
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
-
-
-
70 000
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
22 244
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 774
total
-
-
-
37 091
Employee
10 246
-
61 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
20 424
-
other
-
-
-
-
surtax
36
-
3 410
-
total
3 413
-
30 403
-
Employer
10 246
-
61 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
57 597
70 000
-
-
income
14 975
18 200
-
-
total
14 975
18 200
-
-
Dividends
42 622
51 800
-
-
withholding
6 393
7 770
-
-
total
6 393
7 770
-
-
Income
70 000
70 000
70 000
70 000
Total tax
26 938
25 970
38 951
37 091
After tax
43 062
44 030
31 049
32 909
Living cost
6 834
6 834
6 834
6 834
Free-cash
36 228
37 196
24 215
26 075

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
₴28749
₴8642
₴26187
₴28900
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
-
-
-
70 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
280
unemployment
-
-
-
1 866
income