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
₴ 70500
per

Your estimated
City
free-cash

Valencia , Spain
₴37079
₴29731
₴31009
₴38422
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
-
-
-
70 500
unemployment
-
-
-
197
income
-
-
-
22 664
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
31 124
Employee
11 251
-
61 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
21 620
-
other
11
-
28
-
total
2 883
-
23 411
-
Employer
11 251
-
61 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
55 662
70 500
-
-
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.

8 349
10 575
-
-
total
8 349
10 575
-
-
Dividends
47 313
59 925
-
-
withholding
10 235
13 136
-
-
total
10 235
13 136
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 054
23 711
32 402
31 124
After tax
45 446
46 789
38 098
39 376
Living cost
8 367
8 367
8 367
8 367
Free-cash
37 079
38 422
29 731
31 009

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
₴41634
₴33972
₴34550
₴43688
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
-
-
-
70 500
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
-
-
-
12 503
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
27 842
Employee
11 048
-
58 740
-
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
-
12 310
-
total
2 940
-
16 660
-
Employer
11 048
-
58 740
-
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
-
470
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 760
-
Corporate
56 668
70 500
-
-
income
11 900
14 805
-
-
total
11 900
14 805
-
-
Dividends
44 768
55 695
-
-
withholding
3 134
3 899
-
-
total
3 134
3 899
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 758
18 704
28 420
27 842
After tax
49 742
51 796
42 080
42 658
Living cost
8 108
8 108
8 108
8 108
Free-cash
41 634
43 688
33 972
34 550

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
₴54878
₴56047
₴53102
₴56291
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
-
-
-
70 500
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
-
-
-
10 575
health
-
-
-
1 222
total
-
-
-
13 411
Employee
5 280
-
68 416
-
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
-
6 842
-
total
1 293
-
8 381
-
Employer
5 280
-
68 416
-
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
64 184
70 500
-
-
income
6 418
7 050
-
-
total
6 418
7 050
-
-
Dividends
57 766
63 450
-
-
withholding
2 888
3 172
-
-
total
2 888
3 172
-
-
Income
70 500
70 500
70 500
70 500
Total tax
11 635
10 222
10 466
13 411
After tax
58 865
60 278
60 034
57 089
Living cost
3 987
3 987
3 987
3 987
Free-cash
54 878
56 291
56 047
53 102

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
₴26921
₴25796
₴27991
₴25122
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
-
-
-
70 500
income
-
-
-
13 436
other
-
-
-
2 185
health
-
-
-
3 509
social contributions
-
-
-
2 009
pensions
-
-
-
10 960
surtax
-
-
-
-
total
-
-
-
32 099
Employee
13 022
-
53 685
-
pensions
1 472
-
4 097
-
income
769
-
11 853
-
social contributions
371
-
1 530
-
surtax
-
-
-
-
total
2 612
-
17 480
-
Employer
13 022
-
53 685
-
health
912
-
5 398
-
social contributions
39
-
161
-
pensions
2 139
-
6 832
-
unemployment
527
-
2 174
-
other
449
-
2 249
-
total
4 066
-
16 814
-
Corporate
53 411
70 500
-
-
income
14 955
19 740
-
-
surtax
-
-
-
-
total
14 955
19 740
-
-
Dividends
38 456
50 760
-
-
social contributions
6 614
8 731
-
-
surtax
-
-
-
-
withholding
4 922
6 497
-
-
total
11 536
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
33 169
34 968
34 294
32 099
After tax
37 331
35 532
36 206
38 401
Living cost
10 410
10 410
10 410
10 410
Free-cash
26 921
25 122
25 796
27 991

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
₴20547
₴32339
₴24999
₴22412
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
-
-
-
70 500
pensions
-
-
-
3 565
income
-
-
-
25 438
health
-
-
-
3 752
total
-
-
-
32 755
Employee
25 983
25 983
64 845
-
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
12 444
-
total
12 918
11 210
19 761
-
Employer
25 983
25 983
64 845
-
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
40 285
39 967
-
-
income
8 057
7 993
-
-
total
8 057
7 993
-
-
Dividends
32 228
31 974
-
-
income
6 849
6 794
-
-
withholding
4 834
4 796
-
-
total
11 683
11 590
-
-
Income
70 500
70 500
70 500
70 500
Total tax
37 207
35 342
25 415
32 755
After tax
33 293
35 158
45 085
37 745
Living cost
12 746
12 746
12 746
12 746
Free-cash
20 547
22 412
32 339
24 999

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
₴29679
₴34237
₴25361
₴26315
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.

-
-
-
70 500
trade
-
-
-
8 876
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.

-
-
-
23 667
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.

-
-
-
1 301
total
-
-
-
35 923
Employee

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

11 638
-
70 500
-
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
-
23 667
-
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
-
1 301
-
total
2 422
-
27 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 862
70 500
-
-
income
8 829
10 575
-
-
trade
9 271
11 104
-
-
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.

486
581
-
-
chamber of commerce
130
147
-
-
total
18 716
22 407
-
-
Dividends
40 146
48 092
-
-
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.

546
655
-
-
withholding
9 921
11 907
-
-
total
10 467
12 562
-
-
Income
70 500
70 500
70 500
70 500
Total tax
31 605
34 969
27 047
35 923
After tax
38 895
35 531
43 453
34 577
Living cost
9 216
9 216
9 216
9 216
Free-cash
29 679
26 315
34 237
25 361

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
₴42673
₴39721
₴40296
₴44330
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
-
-
-
70 500
income
-
-
-
16 439
health
-
-
-
1 797
social contributions
-
-
-
4 923
total
-
-
-
23 159
Employee
23 397
23 397
66 648
-
health
181
398
1 133
-
income
2 548
2 166
16 130
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
19 882
-
Employer
23 397
23 397
66 648
-
health
197
433
1 233
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 852
-
Corporate
58 760
44 728
-
-
income
7 345
5 591
-
-
total
7 345
5 591
-
-
Dividends
51 415
39 137
-
-
withholding
8 741
6 653
-
-
total
8 741
6 653
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 782
19 125
23 734
23 159
After tax
49 718
51 375
46 766
47 341
Living cost
7 045
7 045
7 045
7 045
Free-cash
42 673
44 330
39 721
40 296

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
₴30250
₴21545
₴27127
₴30556
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.

-
-
-
70 500
income
-
-
-
9 330
social contributions

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

-
-
-
24 499
surtax
-
-
-
-
total
-
-
-
33 829
Employee
13 994
-
56 970
-
income
2 911
-
19 501
-
social contributions
1 539
-
6 267
-
surtax
-
-
113
-
total
4 450
-
25 881
-
Employer
13 994
-
56 970
-
social contributions
3 324
-
13 530
-
total
3 324
-
13 530
-
Corporate
53 182
70 500
-
-
income
11 168
14 805
-
-
surtax
-
-
-
-
total
11 168
14 805
-
-
Dividends
42 014
55 695
-
-
withholding
11 764
15 595
-
-
total
11 764
15 595
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 706
30 400
39 411
33 829
After tax
39 794
40 100
31 089
36 671
Living cost
9 544
9 544
9 544
9 544
Free-cash
30 250
30 556
21 545
27 127

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
₴64175
₴54042
₴67437
₴64617
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%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
2 948
-
70 500
-
income
589
-
14 100
-
total
589
-
14 100
-
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%.

67 552
70 500
-
-
total
-
-
-
-
Dividends
67 552
70 500
-
-
withholding
3 378
3 525
-
-
total
3 378
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
3 967
3 525
14 100
705
After tax
66 533
66 975
56 400
69 795
Living cost
2 358
2 358
2 358
2 358
Free-cash
64 175
64 617
54 042
67 437

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
₴37832
₴22823
₴24354
₴40378
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.

-
-
-
70 500
pensions
-
-
-
12 875
unemployment
-
-
-
106
income
-
-
-
18 067
health
-
-
-
6 937
total
-
-
-
37 985
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
-
61 002
-
health
869
-
3 941
-
unemployment
19
-
85
-
pensions
2 086
-
9 455
-
income
2 320
-
16 537
-
total
5 294
-
30 018
-
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
-
61 002
-
health
896
-
4 063
-
pensions
1 191
-
5 399
-
unemployment
8
-
36
-
total
2 095
-
9 498
-
Corporate
54 950
70 500
-
-
income
10 441
13 395
-
-
total
10 441
13 395
-
-
Dividends
44 510
57 105
-
-
withholding
6 677
8 566
-
-
total
6 677
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 507
21 961
39 516
37 985
After tax
45 993
48 539
30 984
32 515
Living cost
8 161
8 161
8 161
8 161
Free-cash
37 832
40 378
22 823
24 354

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
₴34236
₴38050
₴46956
₴33172
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.

-
-
-
70 500
income
-
-
-
10 575
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
-
-
-
12 499
Employee
13 958
-
69 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
18 605
-
total
2 913
-
20 005
-
Employer
13 958
-
69 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
55 143
70 500
-
-
income
19 300
24 675
-
-
total
19 300
24 675
-
-
Dividends
35 844
45 825
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 219
26 283
21 405
12 499
After tax
45 281
44 217
49 095
58 001
Living cost
11 045
11 045
11 045
11 045
Free-cash
34 236
33 172
38 050
46 956

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
₴36718
₴36872
₴38823
₴36559
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
-
-
-
70 500
income
-
-
-
10 575
health
-
-
-
4 921
social contributions
-
-
-
9 729
total
-
-
-
25 225
Employee
10 317
-
70 500
-
health
720
-
4 921
-
income
1 721
-
12 526
-
social contributions
1 424
-
9 729
-
total
3 865
-
27 176
-
Employer
10 317
-
70 500
-
total
-
-
-
-
Corporate
60 183
70 500
-
-
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%.

3 009
3 525
-
-
total
3 009
3 525
-
-
Dividends
57 174
66 975
-
-
social contributions
7 890
9 243
-
-
withholding
8 576
10 046
-
-
health
3 990
4 675
-
-
total
20 456
23 964
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 330
27 489
27 176
25 225
After tax
43 170
43 011
43 324
45 275
Living cost
6 452
6 452
6 452
6 452
Free-cash
36 718
36 559
36 872
38 823

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
₴36984
₴30509
₴33676
₴40022
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
-
-
-
70 500
income
-
-
-
7 656
health
-
-
-
9 517
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 188
total
-
-
-
28 307
Employee
12 525
-
56 867
-
health
1 691
-
7 677
-
solidarity contribution
-
-
904
-
income
1 503
-
7 046
-
social contributions
814
-
2 214
-
total
4 008
-
17 841
-
Employer
12 525
-
56 867
-
health
1 127
-
5 118
-
social contributions
3 131
-
8 515
-
total
4 258
-
13 633
-
Corporate
53 716
70 500
-
-
income
10 206
13 395
-
-
total
10 206
13 395
-
-
Dividends
43 510
57 105
-
-
withholding
6 527
8 566
-
-
total
6 527
8 566
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 999
21 961
31 474
28 307
After tax
45 501
48 539
39 026
42 193
Living cost
8 517
8 517
8 517
8 517
Free-cash
36 984
40 022
30 509
33 676

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
₴62611
₴52725
₴66120
₴63300
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%.

-
-
-
70 500
microenterprise

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

-
-
-
705
total
-
-
-
705
Employee
4 594
-
70 500
-
income
919
-
14 100
-
total
919
-
14 100
-
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%.

65 906
70 500
-
-
total
-
-
-
-
Dividends
65 906
70 500
-
-
withholding
3 295
3 525
-
-
total
3 295
3 525
-
-
Income
70 500
70 500
70 500
70 500
Total tax
4 214
3 525
14 100
705
After tax
66 286
66 975
56 400
69 795
Living cost
3 675
3 675
3 675
3 675
Free-cash
62 611
63 300
52 725
66 120

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
₴22926
₴21510
₴23705
₴20836
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
-
-
-
70 500
income
-
-
-
13 436
other
-
-
-
2 185
health
-
-
-
3 509
social contributions
-
-
-
2 009
pensions
-
-
-
10 960
surtax
-
-
-
-
total
-
-
-
32 099
Employee
19 057
-
53 685
-
pensions
2 155
-
4 097
-
income
1 663
-
11 853
-
social contributions
543
-
1 530
-
surtax
-
-
-
-
total
4 361
-
17 480
-
Employer
19 057
-
53 685
-
health
1 334
-
5 398
-
social contributions
57
-
161
-
pensions
3 131
-
6 832
-
unemployment
772
-
2 174
-
other
658
-
2 249
-
total
5 952
-
16 814
-
Corporate
45 491
70 500
-
-
income
12 738
19 740
-
-
surtax
-
-
-
-
total
12 738
19 740
-
-
Dividends
32 753
50 760
-
-
social contributions
5 634
8 731
-
-
surtax
-
-
-
-
withholding
4 193
6 497
-
-
total
9 827
15 228
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 878
34 968
34 294
32 099
After tax
37 622
35 532
36 206
38 401
Living cost
14 696
14 696
14 696
14 696
Free-cash
22 926
20 836
21 510
23 705

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
₴44199
₴40421
₴40422
₴45690
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.

-
-
-
70 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
16 358
health
-
-
-
2 309
total
-
-
-
24 832
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
-
66 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
16 358
-
total
2 664
-
20 820
-
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
-
66 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
61 173
70 500
-
-
income
9 176
10 575
-
-
total
9 176
10 575
-
-
Dividends
51 997
59 925
-
-
withholding
7 800
8 989
-
-
total
7 800
8 989
-
-
Income
70 500
70 500
70 500
70 500
Total tax
21 055
19 564
24 833
24 832
After tax
49 445
50 936
45 667
45 668
Living cost
5 246
5 246
5 246
5 246
Free-cash
44 199
45 690
40 421
40 422

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
₴20400
₴32428
₴34462
₴11549
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
-
-
-
70 500
pensions
-
-
-
6 486
city
-
-
-
743
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.

-
-
-
1 410
health
-
-
-
159
regional
-
-
-
4 247
national
-
-
-
2 304
total
-
-
-
15 349
Employee
24 212
-
63 688
-
health
55
-
143
-
unemployment
-
-
-
-
city
260
-
692
-
pensions
2 034
-
4 694
-
regional
793
-
3 817
-
national
115
-
1 926
-
total
3 257
-
11 272
-
Employer
24 212
-
63 688
-
health
55
-
143
-
pensions
2 034
-
4 694
-
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
-
1 274
-
total
2 573
-
6 111
-
Corporate
43 449
70 500
-
-
regional
9 190
14 911
-
-
national
3 693
5 992
-
-
total
12 883
20 903
-
-
Dividends
30 567
49 597
-
-
withholding
10 698
17 359
-
-
total
10 698
17 359
-
-
Income
70 500
70 500
70 500
70 500
Total tax
29 411
38 262
17 383
15 349
After tax
41 089
32 238
53 117
55 151
Living cost
20 689
20 689
20 689
20 689
Free-cash
20 400
11 549
32 428
34 462

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
₴32386
₴23259
₴31334
₴31444
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

-
-
-
70 500
municipal
-
-
-
12 518
health
-
-
-
958
national
-
-
-
14 008
total
-
-
-
27 484
Employee
16 008
-
59 308
-
health
120
-
786
-
unemployment
240
-
890
-
pensions
1 080
-
4 003
-
national
264
-
9 035
-
municipal
2 622
-
9 653
-
total
4 326
-
24 367
-
Employer
16 008
-
59 308
-
health
123
-
457
-
pensions
2 777
-
10 290
-
accident
16
-
59
-
unemployment
104
-
386
-
total
3 020
-
11 192
-
Corporate
51 471
70 500
-
-
income
10 294
14 100
-
-
total
10 294
14 100
-
-
Dividends

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

30 883
42 300
-
-
municipal
5 559
7 614
-
-
national
3 233
5 660
-
-
total
8 792
13 274
-
-
Income
70 500
70 500
70 500
70 500
Total tax
26 432
27 374
35 559
27 484
After tax
44 068
43 126
34 941
43 016
Living cost
11 682
11 682
11 682
11 682
Free-cash
32 386
31 444
23 259
31 334

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
₴23736
₴12783
₴19579
₴27480
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
-
-
-
70 500
communal

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

-
-
-
3 775
social contributions
-
-
-
7 586
national
-
-
-
28 466
total
-
-
-
39 827
Employee

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

21 765
-
54 604
-
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
-
2 567
-
communal

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

1 135
-
2 848
-
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
-
475
-
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
-
4 096
-
national
6 691
-
20 742
-
total
10 670
-
30 728
-
Employer

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

21 765
-
54 604
-
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
-
3 358
-
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
-
4 838
-
surtax
2 468
-
6 192
-
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
-
710
-
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
-
797
-
total
6 336
-
15 895
-
Corporate
42 400
70 500
-
-
income
8 480
15 248
-
-
surtax
170
305
-
-
total
8 650
15 553
-
-
Dividends
33 750
54 947
-
-
withholding

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

10 014
16 373
-
-
total
10 014
16 373
-
-
Income
70 500
70 500
70 500
70 500
Total tax
35 670
31 926
46 623
39 827
After tax
34 830
38 574
23 877
30 673
Living cost
11 094
11 094
11 094
11 094
Free-cash
23 736
27 480
12 783
19 579

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
₴24991
₴21923
₴22243
₴25288
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
-
-
-
70 500
unemployment
-
-
-
29
municipal
-
-
-
18 523
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
8 144
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
35 052
Employee
18 816
-
61 407
-
national
-
-
7 967
-
municipal
5 611
-
18 311
-
total
5 611
-
26 278
-
Employer
18 816
-
61 407
-
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
45 772
70 500
-
-
income
10 070
15 510
-
-
total
10 070
15 510
-
-
Dividends
35 702
54 990
-
-
withholding
10 711
16 497
-
-
total
10 711
16 497
-
-
Income
70 500
70 500
70 500
70 500
Total tax
32 304
32 007
35 372
35 052
After tax
38 196
38 493
35 128
35 448
Living cost
13 205
13 205
13 205
13 205
Free-cash
24 991
25 288
21 923
22 243

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
₴11975
₴51311
₴34015
₴28186
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
-
-
-
70 500
income
-
-
-
13 742
social contributions
-
-
-
8 037
total
-
-
-
21 779
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
19 683
70 500
-
-
income
4 330
15 510
-
-
total
4 330
15 510
-
-
Dividends
15 353
54 990
-
-
income
3 378
12 098
-
-
total
3 378
12 098
-
-
Income
70 500
70 500
70 500
70 500
Total tax
43 819
27 608
4 483
21 779
After tax
26 681
42 892
66 017
48 721
Living cost
14 706
14 706
14 706
14 706
Free-cash
11 975
28 186
51 311
34 015

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
₴40244
₴36897
₴37472
₴41506
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
-
-
-
70 500
income
-
-
-
16 439
health
-
-
-
1 797
social contributions
-
-
-
4 923
total
-
-
-
23 159
Employee
23 397
23 397
66 648
-
health
233
398
1 133
-
income
2 457
2 166
16 130
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
19 882
-
Employer
23 397
23 397
66 648
-
health
253
433
1 233
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 852
-
Corporate
55 414
44 728
-
-
income
6 927
5 591
-
-
total
6 927
5 591
-
-
Dividends
48 488
39 137
-
-
withholding
8 243
6 653
-
-
total
8 243
6 653
-
-
Income
70 500
70 500
70 500
70 500
Total tax
20 387
19 125
23 734
23 159
After tax
50 113
51 375
46 766
47 341
Living cost
9 869
9 869
9 869
9 869
Free-cash
40 244
41 506
36 897
37 472

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
₴34949
₴28144
₴34421
₴33208
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
-
-
-
70 500
income
-
-
-
22 135
pensions
-
-
-
3 020
total
-
-
-
25 155
Employee
14 994
-
61 413
-
health
196
-
817
-
pensions
1 144
-
3 578
-
income
2 731
-
17 950
-
total
4 071
-
22 345
-
Employer
14 994
-
61 413
-
health
285
-
1 167
-
pensions
1 515
-
7 920
-
total
1 800
-
9 087
-
Corporate
53 706
70 500
-
-
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.

10 204
13 395
-
-
total
10 204
13 395
-
-
Dividends
43 502
57 105
-
-
withholding
8 552
12 973
-
-
total
8 552
12 973
-
-
Income
70 500
70 500
70 500
70 500
Total tax
24 627
26 368
31 432
25 155
After tax
45 873
44 132
39 068
45 345
Living cost
10 924
10 924
10 924
10 924
Free-cash
34 949
33 208
28 144
34 421

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
₴23630
₴18591
₴21090
₴25014
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
-
-
-
70 500
municipal
-
-
-
498
regional
-
-
-
1 739
social contributions
-
-
-
15 229
national
-
-
-
19 823
total
-
-
-
37 289
Employee
25 640
-
70 500
-
social contributions
8 646
-
19 965
-
regional
387
-
1 581
-
national
4 333
-
17 787
-
municipal
153
-
455
-
total
13 519
-
39 788
-
Employer
25 640
-
70 500
-
total
-
-
-
-
Corporate
44 860
70 500
-
-
nationa
10 766
16 920
-
-
municipal
2 162
3 398
-
-
total
12 928
20 318
-
-
Dividends
31 932
50 182
-
-
withholding
8 302
13 047
-
-
total
8 302
13 047
-
-
Income
70 500
70 500
70 500
70 500
Total tax
34 749
33 365
39 788
37 289
After tax
35 751
37 135
30 712
33 211
Living cost
12 121
12 121
12 121
12 121
Free-cash
23 630
25 014
18 591
21 090

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
₴4714
₴32446
₴41630
-₴787
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
-
-
-
70 500
pensions
-
-
-
1 229
income
-
-
-
20 315
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
22 372
Employee
10 222
-
64 585
-
health
1 170
-
7 395
-
pensions
1 151
-
2 253
-
income
1 402
-
15 993
-
total
3 723
-
25 641
-
Employer
10 222
-
64 585
-
pensions
1 662
-
3 254
-
accident
171
-
1 079
-
unemployment
250
-
1 582
-
total
2 083
-
5 915
-
Corporate
58 195
70 500
-
-
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.

52 376
63 450
-
-
total
52 376
63 450
-
-
Dividends
5 820
7 050
-
-
withholding
1 106
1 339
-
-
total
1 106
1 339
-
-
Income
70 500
70 500
70 500
70 500
Total tax
59 288
64 789
31 556
22 372
After tax
11 212
5 711
38 944
48 128
Living cost
6 498
6 498
6 498
6 498
Free-cash
4 714
-787
32 446
41 630

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
₴28488
₴31706
₴23619
₴24507
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.

-
-
-
70 500
trade
-
-
-
8 087
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.

-
-
-
23 667
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.

-
-
-
1 301
total
-
-
-
35 134
Employee

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

15 139
-
70 500
-
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
-
23 667
-
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
-
1 301
-
total
3 393
-
27 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 361
70 500
-
-
income
8 304
10 575
-
-
trade
7 944
10 117
-
-
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.

457
581
-
-
chamber of commerce
128
150
-
-
total
16 833
21 423
-
-
Dividends
38 528
49 077
-
-
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.

523
669
-
-
withholding
9 516
12 154
-
-
total
10 039
12 823
-
-
Income
70 500
70 500
70 500
70 500
Total tax
30 265
34 246
27 047
35 134
After tax
40 235
36 254
43 453
35 366
Living cost
11 747
11 747
11 747
11 747
Free-cash
28 488
24 507
31 706
23 619

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
₴47574
₴24429
₴19450
₴50070
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.

-
-
-
70 500
income
-
-
-
15 084
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
-
-
-
17 978
total
-
-
-
44 720
Employee
8 891
-
55 644
-
income
1 583
-
12 827
-
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
-
-
8 068
-
total
2 561
-
24 884
-
Employer
8 891
-
55 644
-
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
-
-
6 121
-
total
2 142
-
14 857
-
Corporate
59 467
70 500
-
-
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%.

11 893
14 100
-
-
total
11 893
14 100
-
-
Dividends

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

47 574
56 400
-
-
total
-
-
-
-
Income
70 500
70 500
70 500
70 500
Total tax
16 596
14 100
39 741
44 720
After tax
53 904
56 400
30 759
25 780
Living cost
6 330
6 330
6 330
6 330
Free-cash
47 574
50 070
24 429
19 450

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
₴39587
₴39550
₴39821
₴40209
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
-
-
-
70 500
income
-
-
-
22 137
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
26 896
Employee
5 761
-
67 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
21 992
-
total
1 980
-
24 062
-
Employer
5 761
-
67 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
63 442
70 500
-
-
income
13 957
15 510
-
-
total
13 957
15 510
-
-
Dividends
49 485
54 990
-
-
withholding
9 897
10 998
-
-
total
9 897
10 998
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 130
26 508
27 167
26 896
After tax
43 370
43 992
43 333
43 604
Living cost
3 783
3 783
3 783
3 783
Free-cash
39 587
40 209
39 550
39 821

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
₴36542
₴24444
₴26304
₴37510
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
-
-
-
70 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
22 469
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
3 819
total
-
-
-
37 362
Employee
10 247
-
61 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
20 649
-
other
-
-
-
-
surtax
36
-
3 455
-
total
3 413
-
30 674
-
Employer
10 247
-
61 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
58 096
70 500
-
-
income
15 105
18 330
-
-
total
15 105
18 330
-
-
Dividends
42 991
52 170
-
-
withholding
6 449
7 826
-
-
total
6 449
7 826
-
-
Income
70 500
70 500
70 500
70 500
Total tax
27 124
26 156
39 222
37 362
After tax
43 376
44 344
31 278
33 138
Living cost
6 834
6 834
6 834
6 834
Free-cash
36 542
37 510
24 444
26 304

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
₴29021
₴8766
₴26436
₴29172
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
-
-
-
70 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
282
unemployment
-
-
-
1 866
income