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
₴ 73000
per

Your estimated
City
free-cash

Dresden , Germany
₴27394
₴32541
₴21960
₴24641
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.

-
-
-
73 000
health

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

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

-
-
-
3 356
trade
-
-
-
7 900
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.

-
-
-
21 064
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.

-
-
-
1 159
total
-
-
-
33 479
Employee

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

18 790
-
73 000
-
health

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

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

3 356
-
3 356
-
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.

525
-
21 064
-
surtax

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

29
-
1 159
-
total
3 910
-
25 579
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 210
73 000
-
-
income
8 131
10 950
-
-
chamber of commerce
153
180
-
-
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.

447
602
-
-
trade
8 538
11 498
-
-
total
17 269
23 230
-
-
Dividends
36 940
49 770
-
-
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.

498
674
-
-
withholding
9 049
12 256
-
-
total
9 547
12 930
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 726
36 160
25 579
33 479
After tax
42 274
36 840
47 421
39 521
Living cost
14 880
14 880
14 880
14 880
Free-cash
27 394
21 960
32 541
24 641

Estimated living cost  is ₴14880 per week

₴9360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴19647
₴18439
₴20072
₴17866
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
-
-
-
73 000
social contributions
-
-
-
785
municipal
-
-
-
7 887
pensions
-
-
-
8 760
national
-
-
-
12 222
total
-
-
-
29 654
Employee
39 499
-
63 108
-
pensions
1 580
-
2 524
-
municipal
4 879
-
8 170
-
national
7 560
-
12 660
-
total
14 019
-
23 354
-
Employer
39 499
-
63 108
-
pensions
3 160
-
5 049
-
social contributions
425
-
678
-
total
3 585
-
5 727
-
Corporate
27 310
73 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

5 462
14 600
-
-
total
5 462
14 600
-
-
Dividends
21 848
58 400
-
-
withholding
4 807
12 848
-
-
total
4 807
12 848
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 873
27 448
29 081
29 654
After tax
45 127
45 552
43 919
43 346
Living cost
25 480
25 480
25 480
25 480
Free-cash
19 647
20 072
18 439
17 866

Estimated living cost  is ₴25480 per week

₴17318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴381
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.
₴5412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴44150
₴34307
₴48179
₴13440
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.

-
-
-
73 000
social contributions

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

-
-
-
18 823
income
-
-
-
11 901
surtax
-
-
-
18 615
microenterprise
-
-
-
-
total
-
-
-
49 339
Employee
14 355
-
52 250
-
social contributions

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

1 579
-
5 748
-
income
2 555
-
10 137
-
surtax
-
-
-
-
total
4 134
-
15 885
-
Employer
14 355
-
52 250
-
surtax
-
-
-
-
social contributions

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

3 458
-
12 587
-
total
3 458
-
12 587
-
Corporate
55 187
73 000
-
-
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%.

11 037
14 600
-
-
total
11 037
14 600
-
-
Dividends

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

44 150
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
18 629
14 600
28 472
49 339
After tax
54 371
58 400
44 528
23 661
Living cost
10 221
10 221
10 221
10 221
Free-cash
44 150
48 179
34 307
13 440

Estimated living cost  is ₴10221 per week

₴6520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴12351
₴23559
₴15361
₴20664
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
-
-
-
73 000
health
-
-
-
6 058
income
-
-
-
19 942
pensions
-
-
-
5 756
total
-
-
-
31 756
Employee
41 953
41 953
63 870
-
pensions
7 551
5 756
5 756
-
health
6 439
5 477
6 058
-
income

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

6 867
6 867
7 917
-
total
20 857
18 100
19 731
-
Employer
41 953
41 953
63 870
-
pensions
2 920
2 920
3 629
-
health
2 916
2 916
3 624
-
unemployment
1 510
1 510
1 877
-
total
7 346
7 346
9 130
-
Corporate
24 216
23 701
-
-
income
4 843
4 740
-
-
total
4 843
4 740
-
-
Dividends
19 372
18 961
-
-
income
4 117
4 029
-
-
withholding
2 906
2 844
-
-
total
7 023
6 873
-
-
Income
73 000
73 000
73 000
73 000
Total tax
40 069
37 059
28 861
31 756
After tax
32 931
35 941
44 139
41 244
Living cost
20 580
20 580
20 580
20 580
Free-cash
12 351
15 361
23 559
20 664

Estimated living cost  is ₴20580 per week

₴14585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴19398
₴17935
₴19847
₴18420
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
-
-
-
73 000
accident
-
-
-
88
health
-
-
-
2 737
municipal
-
-
-
17 980
pensions
-
-
-
4 741
other
-
-
-
5 096
unemployment
-
-
-
44
national
-
-
-
3 883
total
-
-
-
34 569
Employee
28 514
-
59 220
-
municipal
8 503
-
17 659
-
national
-
-
3 615
-
total
8 503
-
21 274
-
Employer
28 514
-
59 220
-
pensions
3 082
-
4 741
-
other
3 313
-
5 096
-
health
1 754
-
2 697
-
unemployment
753
-
1 158
-
accident
57
-
88
-
total
8 959
-
13 780
-
Corporate
35 527
73 000
-
-
income
7 816
16 060
-
-
total
7 816
16 060
-
-
Dividends
27 711
56 940
-
-
withholding
8 313
17 082
-
-
total
8 313
17 082
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 591
33 142
35 054
34 569
After tax
39 409
39 858
37 946
38 431
Living cost
20 011
20 011
20 011
20 011
Free-cash
19 398
19 847
17 935
18 420

Estimated living cost  is ₴20011 per week

₴13262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴24070
₴28122
₴17165
₴19870
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.

-
-
-
73 000
health

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

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

-
-
-
3 356
trade
-
-
-
8 252
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.

-
-
-
21 064
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.

-
-
-
1 159
total
-
-
-
33 831
Employee

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

24 913
-
73 000
-
health

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

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

3 356
-
3 356
-
income

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

2 141
-
21 064
-
surtax

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

117
-
1 159
-
total
5 614
-
25 579
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 087
73 000
-
-
income
7 213
10 950
-
-
chamber of commerce
143
178
-
-
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.

397
602
-
-
trade
7 910
12 009
-
-
total
15 663
23 739
-
-
Dividends
32 423
49 261
-
-
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.

435
668
-
-
withholding
7 919
12 129
-
-
total
8 354
12 797
-
-
Income
73 000
73 000
73 000
73 000
Total tax
29 631
36 536
25 579
33 831
After tax
43 369
36 464
47 421
39 169
Living cost
19 299
19 299
19 299
19 299
Free-cash
24 070
17 165
28 122
19 870

Estimated living cost  is ₴19299 per week

₴12907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴35327
₴33960
₴37365
₴34638
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
-
-
-
73 000
social contributions
-
-
-
7 949
health
-
-
-
1 862
income
-
-
-
12 617
total
-
-
-
22 428
Employee
37 777
37 777
67 522
-
health
376
642
1 148
-
social contributions
1 836
3 135
4 229
-
income
3 967
3 497
12 251
-
total
6 179
7 274
17 628
-
Employer
37 777
37 777
67 522
-
health
409
699
1 249
-
social contributions
1 836
3 135
4 229
-
total
2 245
3 834
5 478
-
Corporate
48 642
31 389
-
-
income
6 080
3 924
-
-
total
6 080
3 924
-
-
Dividends
42 562
27 465
-
-
withholding
7 235
4 669
-
-
total
7 235
4 669
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 739
19 701
23 106
22 428
After tax
51 261
53 299
49 894
50 572
Living cost
15 934
15 934
15 934
15 934
Free-cash
35 327
37 365
33 960
34 638

Estimated living cost  is ₴15934 per week

₴10893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴32113
₴33202
₴31922
₴41454
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
-
-
-
73 000
health
-
-
-
5 110
income
-
-
-
8 924
pensions
-
-
-
7 300
unemployment
-
-
-
1 095
total
-
-
-
22 429
Employee

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

The minimum wage is 138,000 HUF per month.

13 161
5 238
61 088
-
unemployment
197
79
916
-
pensions
1 316
524
6 109
-
health
921
367
4 276
-
income
1 609
640
7 468
-
total
4 043
1 610
18 769
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 161
5 238
61 088
-
pensions
2 566
1 021
11 912
-
total
2 566
1 021
11 912
-
Corporate
57 273
66 741
-
-
income
5 155
6 007
-
-
total
5 155
6 007
-
-
Dividends
52 119
60 734
-
-
social contributions
10 103
11 783
-
-
withholding
9 903
11 540
-
-
total
20 006
23 323
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 770
31 961
30 681
22 429
After tax
41 230
41 039
42 319
50 571
Living cost
9 117
9 117
9 117
9 117
Free-cash
32 113
31 922
33 202
41 454

Estimated living cost  is ₴9117 per week

₴6222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴1967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴43482
₴30211
₴46534
₴27262
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
-
-
-
73 000
health
-
-
-
9 490
income
-
-
-
9 782
pensions
-
-
-
14 600
total
-
-
-
33 872
Employee
13 937
-
54 559
-
unemployment
223
-
873
-
pensions
279
-
1 091
-
income
1 569
-
10 519
-
total
2 071
-
12 483
-
Employer
13 937
-
54 559
-
pensions
2 788
-
10 911
-
health
1 811
-
7 093
-
unemployment
112
-
436
-
total
4 711
-
18 440
-
Corporate
54 353
73 000
-
-
income
10 870
14 600
-
-
total
10 870
14 600
-
-
Dividends
43 482
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
17 652
14 600
30 923
33 872
After tax
55 348
58 400
42 077
39 128
Living cost
11 866
11 866
11 866
11 866
Free-cash
43 482
46 534
30 211
27 262

Estimated living cost  is ₴11866 per week

₴8139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴4233
₴28178
-₴5043
₴39000
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
-
-
-
73 000
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
19 575
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
23 044
Employee
17 235
-
64 842
-
pensions
1 941
-
3 800
-
health
1 973
-
7 424
-
income
2 364
-
14 483
-
total
6 278
-
25 707
-
Employer
17 235
-
64 842
-
pensions
2 803
-
5 487
-
unemployment
422
-
1 589
-
accident
288
-
1 083
-
total
3 513
-
8 159
-
Corporate
52 253
73 000
-
-
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.

47 027
65 700
-
-
total
47 027
65 700
-
-
Dividends
5 225
7 300
-
-
withholding
993
1 387
-
-
total
993
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 811
67 087
33 866
23 044
After tax
15 189
5 913
39 134
49 956
Living cost
10 956
10 956
10 956
10 956
Free-cash
4 233
-5 043
28 178
39 000

Estimated living cost  is ₴10956 per week

₴8030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₴64535
₴54345
₴65295
₴68215
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%.

-
-
-
73 000
microenterprise

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

-
-
-
730
total
-
-
-
730
Employee
5 068
-
73 000
-
income
1 013
-
14 600
-
total
1 013
-
14 600
-
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%.

67 932
73 000
-
-
total
-
-
-
-
Dividends
67 932
73 000
-
-
withholding
3 397
3 650
-
-
total
3 397
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 410
3 650
14 600
730
After tax
68 590
69 350
58 400
72 270
Living cost
4 055
4 055
4 055
4 055
Free-cash
64 535
65 295
54 345
68 215

Estimated living cost  is ₴4055 per week

₴2513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴37225
₴28607
₴40543
₴25590
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
-
-
-
73 000
health
-
-
-
3 212
income
-
-
-
10 122
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.

-
-
-
17 519
other
-
-
-
3 467
total
-
-
-
34 320
Employee
17 838
-
58 307
-
unemployment
178
-
583
-
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.

1 248
-
4 082
-
health
250
-
817
-
income
3 071
-
11 128
-
total
4 747
-
16 610
-
Employer
17 838
-
58 307
-
pensions

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

3 033
-
9 912
-
other
892
-
2 915
-
health
250
-
817
-
unemployment
178
-
583
-
accident
143
-
466
-
total
4 496
-
14 693
-
Corporate
50 667
73 000
-
-
income
10 640
15 330
-
-
total
10 640
15 330
-
-
Dividends
40 027
57 670
-
-
withholding
2 802
4 037
-
-
total
2 802
4 037
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 685
19 367
31 303
34 320
After tax
50 315
53 633
41 697
38 680
Living cost
13 090
13 090
13 090
13 090
Free-cash
37 225
40 543
28 607
25 590

Estimated living cost  is ₴13090 per week

₴9249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴2747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴15969
₴10479
₴16909
₴17152
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
-
-
-
73 000
income
-
-
-
19 629
pensions
-
-
-
4 090
total
-
-
-
23 719
Employee
45 457
-
63 877
-
pensions
4 385
-
5 116
-
health
749
-
971
-
income
8 194
-
15 181
-
total
13 328
-
21 268
-
Employer
45 457
-
63 877
-
pensions
5 367
-
7 910
-
health
863
-
1 214
-
total
6 230
-
9 124
-
Corporate
21 312
73 000
-
-
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.

4 049
13 870
-
-
total
4 049
13 870
-
-
Dividends
17 263
59 130
-
-
withholding
1 295
10 092
-
-
total
1 295
10 092
-
-
Income
73 000
73 000
73 000
73 000
Total tax
24 902
23 962
30 392
23 719
After tax
48 098
49 038
42 608
49 281
Living cost
32 129
32 129
32 129
32 129
Free-cash
15 969
16 909
10 479
17 152

Estimated living cost  is ₴32129 per week

₴24075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴53698
₴53750
₴55978
₴51034
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
-
-
-
73 000
health
-
-
-
1 972
income
-
-
-
10 950
pensions

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

-
-
-
2 538
unemployment
-
-
-
69
total
-
-
-
15 529
Employee
8 523
-
69 636
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

748
-
1 506
-
health
392
-
789
-
income
852
-
6 964
-
total
2 086
-
9 448
-
Employer
8 523
-
69 636
-
pensions

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

939
-
1 890
-
health
588
-
1 183
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
total
1 672
-
3 365
-
Corporate
62 804
73 000
-
-
income
6 281
7 300
-
-
total
6 281
7 300
-
-
Dividends
56 524
65 700
-
-
withholding
2 826
3 285
-
-
total
2 826
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
12 865
10 585
12 813
15 529
After tax
60 135
62 415
60 187
57 471
Living cost
6 437
6 437
6 437
6 437
Free-cash
53 698
55 978
53 750
51 034

Estimated living cost  is ₴6437 per week

₴3758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴2049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴9934
₴16897
₴8699
₴14002
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
-
-
-
73 000
health
-
-
-
6 058
income
-
-
-
19 942
pensions
-
-
-
5 756
total
-
-
-
31 756
Employee
45 547
41 953
63 870
-
pensions
5 756
5 756
5 756
-
health
5 682
5 477
6 058
-
income

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

6 867
6 867
7 917
-
total
18 305
18 100
19 731
-
Employer
45 547
41 953
63 870
-
pensions
3 170
2 920
3 629
-
health
3 165
2 916
3 624
-
unemployment
1 640
1 510
1 877
-
total
7 975
7 346
9 130
-
Corporate
19 478
23 701
-
-
income
3 896
4 740
-
-
total
3 896
4 740
-
-
Dividends
15 582
18 961
-
-
income
3 311
4 029
-
-
withholding
2 337
2 844
-
-
total
5 648
6 873
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 824
37 059
28 861
31 756
After tax
37 176
35 941
44 139
41 244
Living cost
27 242
27 242
27 242
27 242
Free-cash
9 934
8 699
16 897
14 002

Estimated living cost  is ₴27242 per week

₴20095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴33707
₴24845
₴38060
₴26549
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
-
-
-
73 000
social contributions
-
-
-
17 557
health
-
-
-
9 855
income
-
-
-
6 838
solidarity contribution
-
-
-
-
total
-
-
-
34 250
Employee
17 943
-
54 478
-
solidarity contribution
-
-
-
-
health
2 422
-
7 354
-
social contributions
1 166
-
3 541
-
income
2 153
-
6 537
-
total
5 741
-
17 432
-
Employer
17 943
-
54 478
-
health
1 615
-
4 903
-
social contributions
4 486
-
13 619
-
total
6 101
-
18 522
-
Corporate
48 957
73 000
-
-
income
9 302
13 870
-
-
total
9 302
13 870
-
-
Dividends
39 655
59 130
-
-
withholding
5 948
8 869
-
-
total
5 948
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 092
22 739
35 954
34 250
After tax
45 908
50 261
37 046
38 750
Living cost
12 201
12 201
12 201
12 201
Free-cash
33 707
38 060
24 845
26 549

Estimated living cost  is ₴12201 per week

₴8475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴15653
₴11565
₴18219
₴14950
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
-
-
-
73 000
social contributions
-
-
-
18 775
municipal
-
-
-
434
regional
-
-
-
848
national
-
-
-
17 263
total
-
-
-
37 320
Employee
43 661
-
73 000
-
regional
412
-
747
-
municipal
231
-
387
-
national
7 565
-
14 955
-
social contributions
14 723
-
24 616
-
total
22 931
-
40 705
-
Employer
43 661
-
73 000
-
total
-
-
-
-
Corporate
29 339
73 000
-
-
municipal
1 144
2 847
-
-
nationa
7 042
17 520
-
-
total
8 186
20 367
-
-
Dividends
21 153
52 632
-
-
withholding
5 500
13 684
-
-
total
5 500
13 684
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 617
34 051
40 705
37 320
After tax
36 383
38 949
32 295
35 680
Living cost
20 730
20 730
20 730
20 730
Free-cash
15 653
18 219
11 565
14 950

Estimated living cost  is ₴20730 per week

₴14450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴33547
₴21632
₴35076
₴23801
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
-
-
-
73 000
health
-
-
-
4 655
income
-
-
-
17 905
surtax
-
-
-
2 573
pensions
-
-
-
13 113
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
38 358
Employee
16 246
-
60 304
-
unemployment
1 131
-
4 197
-
pensions
1 083
-
4 022
-
health
415
-
1 538
-
income
2 723
-
15 847
-
other
-
-
-
-
surtax
53
-
2 230
-
total
5 405
-
27 834
-
Employer
16 246
-
60 304
-
pensions
2 166
-
8 038
-
other
-
-
-
-
health
739
-
2 744
-
unemployment
515
-
1 911
-
total
3 420
-
12 693
-
Corporate
53 334
73 000
-
-
income
13 867
18 980
-
-
total
13 867
18 980
-
-
Dividends
39 468
54 020
-
-
withholding
5 920
8 103
-
-
total
5 920
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 612
27 083
40 527
38 358
After tax
44 388
45 917
32 473
34 642
Living cost
10 841
10 841
10 841
10 841
Free-cash
33 547
35 076
21 632
23 801

Estimated living cost  is ₴10841 per week

₴6629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴28963
₴20658
₴27088
₴27331
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
-
-
-
73 000
income
-
-
-
19 629
pensions
-
-
-
4 090
total
-
-
-
23 719
Employee
30 464
-
63 877
-
pensions
2 586
-
5 116
-
health
442
-
971
-
income
5 487
-
15 181
-
total
8 515
-
21 268
-
Employer
30 464
-
63 877
-
pensions
3 298
-
7 910
-
health
579
-
1 214
-
total
3 877
-
9 124
-
Corporate
38 659
73 000
-
-
income

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

7 346
13 870
-
-
total
7 346
13 870
-
-
Dividends
31 314
59 130
-
-
withholding
2 349
10 092
-
-
total
2 349
10 092
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 087
23 962
30 392
23 719
After tax
50 913
49 038
42 608
49 281
Living cost
21 950
21 950
21 950
21 950
Free-cash
28 963
27 088
20 658
27 331

Estimated living cost  is ₴21950 per week

₴16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₴11071
₴17294
-₴5610
₴20841
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
-
-
-
73 000
health
-
-
-
164
pensions
-
-
-
6 717
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.

-
-
-
1 460
regional
-
-
-
3 196
city
-
-
-
769
national
-
-
-
861
total
-
-
-
13 167
Employee
45 631
-
65 338
-
unemployment
-
-
-
-
pensions
3 834
-
5 488
-
regional
1 494
-
2 742
-
national
216
-
693
-
health
103
-
147
-
city
490
-
702
-
total
6 137
-
9 772
-
Employer
45 631
-
65 338
-
pensions
3 834
-
5 488
-
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.

912
-
1 307
-
health
103
-
147
-
unemployment
-
-
-
-
total
4 849
-
6 942
-
Corporate
22 019
73 000
-
-
regional
4 657
15 439
-
-
national
1 872
6 205
-
-
total
6 529
21 644
-
-
Dividends
15 490
51 356
-
-
withholding
5 422
17 974
-
-
total
5 422
17 974
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 937
39 618
16 714
13 167
After tax
50 063
33 382
56 286
59 833
Living cost
38 992
38 992
38 992
38 992
Free-cash
11 071
-5 610
17 294
20 841

Estimated living cost  is ₴38992 per week

₴25356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴479
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.
₴9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₴21551
₴24916
₴13585
₴16314
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.

-
-
-
73 000
health

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

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

-
-
-
3 356
trade
-
-
-
8 602
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.

-
-
-
21 064
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.

-
-
-
1 159
total
-
-
-
34 181
Employee

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

29 525
-
73 000
-
health

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

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

3 356
-
3 356
-
income

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

3 472
-
21 064
-
surtax

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

191
-
1 159
-
total
7 019
-
25 579
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 475
73 000
-
-
income
6 521
10 950
-
-
chamber of commerce
136
177
-
-
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.

359
602
-
-
trade
7 456
12 520
-
-
total
14 472
24 249
-
-
Dividends
29 003
48 751
-
-
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.

389
660
-
-
withholding
7 064
12 001
-
-
total
7 453
12 661
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 944
36 910
25 579
34 181
After tax
44 056
36 090
47 421
38 819
Living cost
22 505
22 505
22 505
22 505
Free-cash
21 551
13 585
24 916
16 314

Estimated living cost  is ₴22505 per week

₴16437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴3976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₴22888
₴24824
₴19985
₴24549
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
-
-
-
73 000
social contributions
-
-
-
2 080
health
-
-
-
2 664
income
-
-
-
10 329
surtax
-
-
-
-
pensions
-
-
-
14 307
other
-
-
-
2 263
total
-
-
-
31 643
Employee
21 026
-
57 322
-
pensions
2 377
-
3 643
-
social contributions
599
-
1 633
-
income
1 241
-
10 413
-
surtax
-
-
-
-
total
4 217
-
15 689
-
Employer
21 026
-
57 322
-
pensions
3 454
-
6 196
-
other
725
-
2 091
-
health
1 472
-
4 899
-
unemployment
851
-
2 321
-
social contributions
63
-
172
-
total
6 565
-
15 679
-
Corporate
45 408
73 000
-
-
income
12 714
20 440
-
-
surtax
-
-
-
-
total
12 714
20 440
-
-
Dividends
32 694
52 560
-
-
surtax
-
-
-
-
social contributions
5 623
9 040
-
-
withholding
4 185
6 727
-
-
total
9 808
15 767
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 304
36 207
31 368
31 643
After tax
39 696
36 793
41 632
41 357
Living cost
16 808
16 808
16 808
16 808
Free-cash
22 888
19 985
24 824
24 549

Estimated living cost  is ₴16808 per week

₴10598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴24377
₴26489
₴21650
₴26214
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
-
-
-
73 000
social contributions
-
-
-
2 080
health
-
-
-
2 664
income
-
-
-
10 329
surtax
-
-
-
-
pensions
-
-
-
14 307
other
-
-
-
2 263
total
-
-
-
31 643
Employee
18 768
-
57 322
-
pensions
2 123
-
3 643
-
social contributions
535
-
1 633
-
income
968
-
10 413
-
surtax
-
-
-
-
total
3 626
-
15 689
-
Employer
18 768
-
57 322
-
pensions
3 084
-
6 196
-
other
648
-
2 091
-
health
1 314
-
4 899
-
unemployment
760
-
2 321
-
social contributions
56
-
172
-
total
5 862
-
15 679
-
Corporate
48 370
73 000
-
-
income
13 543
20 440
-
-
surtax
-
-
-
-
total
13 543
20 440
-
-
Dividends
34 827
52 560
-
-
surtax
-
-
-
-
social contributions
5 991
9 040
-
-
withholding
4 458
6 727
-
-
total
10 449
15 767
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 480
36 207
31 368
31 643
After tax
39 520
36 793
41 632
41 357
Living cost
15 143
15 143
15 143
15 143
Free-cash
24 377
21 650
26 489
26 214

Estimated living cost  is ₴15143 per week

₴8782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴34375
₴35355
₴34121
₴36463
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
-
-
-
73 000
social contributions
-
-
-
10 074
health
-
-
-
5 096
income
-
-
-
10 950
total
-
-
-
26 120
Employee
16 657
-
73 000
-
health
1 163
-
5 096
-
social contributions
2 299
-
10 074
-
income
2 778
-
12 058
-
total
6 240
-
27 228
-
Employer
16 657
-
73 000
-
total
-
-
-
-
Corporate
56 343
73 000
-
-
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%.

2 817
3 650
-
-
total
2 817
3 650
-
-
Dividends
53 526
69 350
-
-
health
3 736
4 840
-
-
social contributions
7 386
9 570
-
-
withholding
8 029
10 402
-
-
total
19 151
24 812
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 208
28 462
27 228
26 120
After tax
44 792
44 538
45 772
46 880
Living cost
10 417
10 417
10 417
10 417
Free-cash
34 375
34 121
35 355
36 463

Estimated living cost  is ₴10417 per week

₴6972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴22449
₴1760
₴23210
₴20062
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
-
-
-
73 000
health
-
-
-
4 390
surtax
-
-
-
97
income
-
-
-
17 217
chamber of commerce
-
-
-
292
pensions
-
-
-
10 618
unemployment
-
-
-
3 013
total
-
-
-
35 627
Employee
24 552
19 578
56 610
-
unemployment
737
587
1 699
-
pensions
2 514
2 004
5 797
-
health
950
758
2 191
-
income
2 795
1 444
13 597
-
other
245
196
566
-
total
7 241
4 989
23 850
-
Employer
24 552
19 578
56 610
-
chamber of commerce
98
78
227
-
pensions
3 081
2 457
7 105
-
other
1 166
929
2 689
-
health
928
740
2 140
-
unemployment
737
587
1 699
-
accident
319
255
736
-
surtax
97
97
97
-
payroll
737
587
1 699
-
total
7 163
5 730
16 392
-
Corporate
41 287
47 690
54 746
-
income

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

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

10 321
11 923
13 687
-
total
10 321
11 923
13 687
-
Dividends
30 965
35 767
-
-
withholding
8 515
9 837
-
-
total
8 515
9 837
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 240
32 479
53 929
35 627
After tax
39 760
40 521
19 071
37 373
Living cost
17 311
17 311
17 311
17 311
Free-cash
22 449
23 210
1 760
20 062

Estimated living cost  is ₴17311 per week

₴11545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴15572
₴8545
₴22942
₴14016
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
-
-
-
73 000
social contributions
-
-
-
11 415
communal

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

-
-
-
3 695
national
-
-
-
25 962
total
-
-
-
41 072
Employee

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

35 141
-
56 541
-
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.

306
-
492
-
pensions

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

2 636
-
4 241
-
national
10 804
-
19 746
-
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.

1 651
-
2 657
-
communal

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

1 833
-
2 949
-
total
17 230
-
30 085
-
Employer

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

35 141
-
56 541
-
pensions

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

3 114
-
5 009
-
health

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

2 161
-
3 477
-
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.

513
-
825
-
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.

457
-
735
-
surtax
3 985
-
6 412
-
total
10 230
-
16 458
-
Corporate
27 630
73 000
-
-
income
5 526
14 600
-
-
surtax
111
292
-
-
total
5 637
14 892
-
-
Dividends
21 993
58 109
-
-
withholding

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

6 419
17 254
-
-
total
6 419
17 254
-
-
Income
73 000
73 000
73 000
73 000
Total tax
39 516
32 146
46 543
41 072
After tax
33 484
40 854
26 457
31 928
Living cost
17 912
17 912
17 912
17 912
Free-cash
15 572
22 942
8 545
14 016

Estimated living cost  is ₴17912 per week

₴11538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴27475
₴21286
₴31081
₴23377
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
-
-
-
73 000
accident
-
-
-
410
income
-
-
-
18 220
pensions
-
-
-
12 886
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
31 881
Employee
24 454
-
58 483
-
unemployment
379
-
706
-
pensions
1 150
-
2 141
-
income
5 160
-
16 562
-
other
24
-
46
-
total
6 713
-
19 455
-
Employer
24 454
-
58 483
-
pensions
5 771
-
10 746
-
other
195
-
365
-
unemployment
1 345
-
2 504
-
accident
484
-
902
-
total
7 795
-
14 517
-
Corporate
40 751
73 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 113
10 950
-
-
total
6 113
10 950
-
-
Dividends
34 638
62 050
-
-
withholding
7 162
13 227
-
-
total
7 162
13 227
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 783
24 177
33 972
31 881
After tax
45 217
48 823
39 028
41 119
Living cost
17 742
17 742
17 742
17 742
Free-cash
27 475
31 081
21 286
23 377

Estimated living cost  is ₴17742 per week

₴13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴11175
₴13822
₴16754
₴10910
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
-
-
-
73 000
accident
-
-
-
615
health
-
-
-
5 129
income
-
-
-
10 473
surtax
-
-
-
3 619
pensions
-
-
-
10 942
communal
-
-
-
4 614
total
-
-
-
35 392
Employee
37 204
-
65 207
-
pensions
2 976
-
5 216
-
health
1 656
-
2 901
-
income
3 594
-
12 575
-
surtax
2 280
-
3 997
-
total
10 506
-
24 689
-
Employer
37 204
-
65 207
-
pensions
2 976
-
5 216
-
health
1 135
-
1 989
-
accident
335
-
586
-
total
4 446
-
7 791
-
Corporate
31 351
73 000
-
-
income
4 702
10 950
-
-
communal
2 116
4 927
-
-
surtax
329
766
-
-
total
7 147
16 643
-
-
Dividends
24 203
56 357
-
-
income
9 398
4 451
-
-
withholding
3 630
8 454
-
-
total
13 028
12 905
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 127
29 548
32 480
35 392
After tax
37 873
43 452
40 520
37 608
Living cost
26 698
26 698
26 698
26 698
Free-cash
11 175
16 754
13 822
10 910

Estimated living cost  is ₴26698 per week

₴20027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴33319
₴21438
₴34882
₴23607
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
-
-
-
73 000
health
-
-
-
4 655
income
-
-
-
17 905
surtax
-
-
-
2 573
pensions
-
-
-
13 113
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
38 358
Employee
16 544
-
60 304
-
unemployment
1 151
-
4 197
-
pensions
1 104
-
4 022
-
health
422
-
1 538
-
income
2 774
-
15 847
-
other
-
-
-
-
surtax
59
-
2 230
-
total
5 510
-
27 834
-
Employer
16 544
-
60 304
-
pensions
2 206
-
8 038
-
other
-
-
-
-
health
752
-
2 744
-
unemployment
525
-
1 911
-
total
3 483
-
12 693
-
Corporate
52 973
73 000
-
-
income
13 773
18 980
-
-
total
13 773
18 980
-
-
Dividends
39 200
54 020
-
-
withholding
5 880
8 103
-
-
total
5 880
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 646
27 083
40 527
38 358
After tax
44 354
45 917
32 473
34 642
Living cost
11 035
11 035
11 035
11 035
Free-cash
33 319
34 882
21 438
23 607

Estimated living cost  is ₴11035 per week

₴6662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴24046
₴18826
₴25136
₴22193
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
-
-
-
73 000
social contributions
-
-
-
18 775
municipal
-
-
-
434
regional
-
-
-
1 101
national
-
-
-
17 263
total
-
-
-
37 573
Employee
27 252
-
73 000
-
regional
367
-
982
-
municipal
145
-
387
-
national
4 317
-
14 955
-
social contributions
9 190
-
24 616
-
total
14 019
-
40 940
-
Employer
27 252
-
73 000
-
total
-
-
-
-
Corporate
45 748
73 000
-
-
municipal
2 274
3 628
-
-
nationa
10 979
17 520
-
-
total
13 253
21 148
-
-
Dividends
32 495
51 851
-
-
withholding
8 448
13 482
-
-
total
8 448
13 482
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 720
34 630
40 940
37 573
After tax
37 280
38 370
32 060
35 427
Living cost
13 234
13 234
13 234
13 234
Free-cash
24 046
25 136
18 826
22 193

Estimated living cost  is ₴13234 per week

₴8230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴29861
₴22011
₴35226
₴23715
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
-
-
-
73 000
social contributions
-
-
-
17 557
health
-
-
-
9 855
income
-
-
-
6 838
solidarity contribution
-
-
-
-
total
-
-
-
34 250
Employee
22 110
-
54 478
-
solidarity contribution
-
-
-
-
health
2 985
-
7 354
-
social contributions
1 437
-
3 541
-
income
2 653
-
6 537
-
total
7 075
-
17 432
-
Employer
22 110
-
54 478
-
health
1 990
-
4 903
-
social contributions
5 528
-
13 619
-
total
7 518
-
18 522
-
Corporate
43 373
73 000
-
-
income
8 241
13 870
-
-
total
8 241
13 870
-
-
Dividends
35 132
59 130
-
-
withholding
5 270
8 869
-
-
total
5 270
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 104
22 739
35 954
34 250
After tax
44 896
50 261
37 046
38 750
Living cost
15 035
15 035
15 035
15 035
Free-cash
29 861
35 226
22 011
23 715

Estimated living cost  is ₴15035 per week

₴11181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴24656
₴3422
₴24902
₴21797
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
-
-
-
73 000
health
-
-
-
4 390
surtax
-
-
-
-
income
-
-
-
17 217
chamber of commerce
-
-
-
292
pensions
-
-
-
10 618
unemployment
-
-
-
3 013
total
-
-
-
35 530
Employee
21 475
19 578
56 687
-
unemployment
644
587
1 700
-
pensions
2 199
2 004
5 804
-
health
831
758
2 194
-
income
1 913
1 444
13 623
-
other
214
196
567
-
total
5 801
4 989
23 888
-
Employer
21 475
19 578
56 687
-
chamber of commerce
86
78
227
-
pensions
2 695
2 457
7 114
-
other
1 020
929
2 692
-
health
812
740
2 142
-
unemployment
644
587
1 700
-
accident
279
255
737
-
surtax
-
-
-
-
payroll
644
587
1 700
-
total
6 180
5 633
16 312
-
Corporate
45 345
47 787
54 822
-
income

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

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

11 337
11 947
13 705
-
total
11 337
11 947
13 705
-
Dividends
34 008
35 840
-
-
withholding
9 353
9 856
-
-
total
9 353
9 856
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 671
32 425
53 905
35 530
After tax
40 329
40 575
19 095
37 470
Living cost
15 673
15 673
15 673
15 673
Free-cash
24 656
24 902
3 422
21 797

Estimated living cost  is ₴15673 per week

₴9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴61847
₴52082
₴63032
₴65952
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%.

-
-
-
73 000
microenterprise

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

-
-
-
730
total
-
-
-
730
Employee
7 898
-
73 000
-
income
1 580
-
14 600
-
total
1 580
-
14 600
-
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%.

65 102
73 000
-
-
total
-
-
-
-
Dividends
65 102
73 000
-
-
withholding
3 255
3 650
-
-
total
3 255
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 835
3 650
14 600
730
After tax
68 165
69 350
58 400
72 270
Living cost
6 318
6 318
6 318
6 318
Free-cash
61 847
63 032
52 082
65 952

Estimated living cost  is ₴6318 per week

₴4276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴32975
₴21228
₴37083
₴23164
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.

-
-
-
73 000
health
-
-
-
7 183
income
-
-
-
16 035
pensions
-
-
-
13 332
unemployment
-
-
-
109
total
-
-
-
36 659
Employee

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

21 724
-
63 164
-
unemployment
31
-
89
-
pensions
3 367
-
9 791
-
health
1 403
-
4 081
-
income
3 746
-
14 799
-
total
8 547
-
28 760
-
Employer

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

21 724
-
63 164
-
pensions
1 922
-
5 590
-
health
1 447
-
4 207
-
unemployment
13
-
38
-
total
3 382
-
9 835
-
Corporate
47 893
73 000
-
-
income
9 100
13 870
-
-
total
9 100
13 870
-
-
Dividends
38 793
59 130
-
-
withholding
5 819
8 870
-
-
total
5 819
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 848
22 740
38 595
36 659
After tax
46 152
50 260
34 405
36 341
Living cost
13 177
13 177
13 177
13 177
Free-cash
32 975
37 083
21 228
23 164

Estimated living cost  is ₴13177 per week

₴9043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₴142
₴45380
₴23247
₴29283
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
-
-
-
73 000
social contributions
-
-
-
8 322
income
-
-
-
14 229
total
-
-
-
22 551
Employee
30 349
-
-
-
social contributions
2 489
-
355
-
income
6 694
-
-
-
total
9 183
-
355
-
Employer
30 349
-
-
-
social contributions
42 793
-
6 099
-
total
42 793
-
6 099
-
Corporate
-
73 000
-
-
income
-
16 060
-
-
total
-
16 060
-
-
Dividends
-
56 940
-
-
income
-
12 527
-
-
total
-
12 527
-
-
Income
73 000
73 000
73 000
73 000
Total tax
51 976
28 587
6 454
22 551
After tax
21 024
44 413
66 546
50 449
Living cost
21 166
21 166
21 166
21 166
Free-cash
-142
23 247
45 380
29 283

Estimated living cost  is ₴21166 per week

₴13733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴25619
₴19019
₴26113
₴24156
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.

-
-
-
73 000
social contributions

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

-
-
-
25 367
income
-
-
-
8 067
surtax
-
-
-
-
total
-
-
-
33 434
Employee
22 595
-
58 990
-
social contributions
2 485
-
6 489
-
income
4 700
-
18 072
-
surtax
-
-
-
-
total
7 185
-
24 561
-
Employer
22 595
-
58 990
-
social contributions
5 366
-
14 010
-
total
5 366
-
14 010
-
Corporate
45 039
73 000
-
-
income
9 458
15 330
-
-
surtax
-
-
-
-
total
9 458
15 330
-
-
Dividends
35 581
57 670
-
-
withholding
9 962
16 147
-
-
total
9 962
16 147
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 971
31 477
38 571
33 434
After tax
41 029
41 523
34 429
39 566
Living cost
15 410
15 410
15 410
15 410
Free-cash
25 619
26 113
19 019
24 156

Estimated living cost  is ₴15410 per week

₴11530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴16440
₴17904
₴13065
₴17629
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
-
-
-
73 000
social contributions
-
-
-
2 080
health
-
-
-
2 664
income
-
-
-
10 329
surtax
-
-
-
-
pensions
-
-
-
14 307
other
-
-
-
2 263
total
-
-
-
31 643
Employee
30 769
-
57 322
-
pensions
3 480
-
3 643
-
social contributions
876
-
1 633
-
income
2 685
-
10 413
-
surtax
-
-
-
-
total
7 041
-
15 689
-
Employer
30 769
-
57 322
-
pensions
5 056
-
6 196
-
other
1 062
-
2 091
-
health
2 154
-
4 899
-
unemployment
1 246
-
2 321
-
social contributions
92
-
172
-
total
9 610
-
15 679
-
Corporate
32 621
73 000
-
-
income
9 134
20 440
-
-
surtax
-
-
-
-
total
9 134
20 440
-
-
Dividends
23 487
52 560
-
-
surtax
-
-
-
-
social contributions
4 040
9 040
-
-
withholding
3 007
6 727
-
-
total
7 047
15 767
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 832
36 207
31 368
31 643
After tax
40 168
36 793
41 632
41 357
Living cost
23 728
23 728
23 728
23 728
Free-cash
16 440
13 065
17 904
17 629

Estimated living cost  is ₴23728 per week

₴16059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴49283
₴41402
₴50933
₴39463
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
-
-
-
73 000
social contributions
-
-
-
16 059
income
-
-
-
2 711
total
-
-
-
18 770
Employee
15 794
-
63 203
-
social contributions
1 026
-
4 109
-
income
-
-
2 926
-
total
1 026
-
7 035
-
Employer
15 794
-
63 203
-
social contributions
2 448
-
9 796
-
total
2 448
-
9 796
-
Corporate
54 758
73 000
-
-
income
5 476
7 300
-
-
total
5 476
7 300
-
-
Dividends
49 282
65 700
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
8 950
7 300
16 831
18 770
After tax
64 050
65 700
56 169
54 230
Living cost
14 767
14 767
14 767
14 767
Free-cash
49 283
50 933
41 402
39 463

Estimated living cost  is ₴14767 per week

₴9548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴33961
-₴33961
-₴33961
₴20189
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
-
-
-
73 000
municipal
-
-
-
14 806
pensions
-
-
-
426
labour market
-
-
-
5 806
national
-
-
-
8 130
total
-
-
-
29 168
Employee
99 790
99 790
99 790
-
pensions
142
142
142
-
municipal
21 250
21 250
21 250
-
national
12 191
12 191
12 191
-
labour market
7 972
7 972
7 972
-
total
41 555
41 555
41 555
-
Employer
99 790
99 790
99 790
-
municipal
21 284
21 284
21 284
-
pensions
284
284
284
-
national
12 212
12 212
12 212
-
labour market
7 983
7 983
7 983
-
total
41 763
41 763
41 763
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
83 318
83 318
83 318
29 168
After tax
-10 318
-10 318
-10 318
43 832
Living cost
23 643
23 643
23 643
23 643
Free-cash
-33 961
-33 961
-33 961
20 189

Estimated living cost  is ₴23643 per week

₴16181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴364
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.
₴5006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₴4256
₴28339
-₴4882
₴39161
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
-
-
-
73 000
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
19 575
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
23 044
Employee
16 981
-
64 842
-
pensions
1 912
-
3 800
-
health
1 944
-
7 424
-
income
2 330
-
14 483
-
total
6 186
-
25 707
-
Employer
16 981
-
64 842
-
pensions
2 761
-
5 487
-
unemployment
416
-
1 589
-
accident
284
-
1 083
-
total
3 461
-
8 159
-
Corporate
52 558
73 000
-
-
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.

47 303
65 700
-
-
total
47 303
65 700
-
-
Dividends
5 256
7 300
-
-
withholding
999
1 387
-
-
total
999
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 949
67 087
33 866
23 044
After tax
15 051
5 913
39 134
49 956
Living cost
10 795
10 795
10 795
10 795
Free-cash
4 256
-4 882
28 339
39 161

Estimated living cost  is ₴10795 per week

₴7857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
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.
₴2119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₴28634
₴20294
₴27723
₴30190
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

-
-
-
73 000
health
-
-
-
919
municipal
-
-
-
12 975
national
-
-
-
10 055
total
-
-
-
23 949
Employee
25 847
-
61 412
-
unemployment
388
-
921
-
pensions
1 744
-
4 145
-
municipal
4 233
-
10 009
-
national
427
-
6 441
-
health
193
-
740
-
total
6 985
-
22 256
-
Employer
25 847
-
61 412
-
pensions
4 484
-
10 655
-
health
199
-
473
-
unemployment
168
-
399
-
accident
26
-
62
-
total
4 877
-
11 589
-
Corporate
42 276
73 000
-
-
income
8 455
14 600
-
-
total
8 455
14 600
-
-
Dividends

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

25 366
43 800
-
-
national
622
3 932
-
-
municipal
4 566
7 884
-
-
total
5 188
11 816
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 505
26 416
33 845
23 949
After tax
47 495
46 584
39 155
49 051
Living cost
18 861
18 861
18 861
18 861
Free-cash
28 634
27 723
20 294
30 190

Estimated living cost  is ₴18861 per week

₴12320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴39252
₴38520
₴41925
₴39198
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
-
-
-
73 000
social contributions
-
-
-
7 949
health
-
-
-
1 862
income
-
-
-
12 617
total
-
-
-
22 428
Employee
37 777
37 777
67 522
-
health
293
642
1 148
-
social contributions
1 428
3 135
4 229
-
income
4 113
3 497
12 251
-
total
5 834
7 274
17 628
-
Employer
37 777
37 777
67 522
-
health
318
699
1 249
-
social contributions
1 428
3 135
4 229
-
total
1 746
3 834
5 478
-
Corporate
54 045
31 389
-
-
income
6 755
3 924
-
-
total
6 755
3 924
-
-
Dividends
47 290
27 465
-
-
withholding
8 039
4 669
-
-
total
8 039
4 669
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 374
19 701
23 106
22 428
After tax
50 626
53 299
49 894
50 572
Living cost
11 374
11 374
11 374
11 374
Free-cash
39 252
41 925
38 520
39 198

Estimated living cost  is ₴11374 per week

₴6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴50152
₴43115
₴52651
₴52967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
73 000
health
-
-
-
1 778
income
-
-
-
7 316
pensions
-
-
-
3 125
unemployment
-
-
-
14
total
-
-
-
12 233
Employee

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

11 276
-
68 199
-
unemployment
56
-
233
-
pensions
1 691
-
6 992
-
health
958
-
3 962
-
income
771
-
6 097
-
total
3 476
-
17 284
-
Employer

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

11 276
-
68 199
-
pensions
620
-
2 564
-
health
485
-
2 004
-
unemployment
56
-
233
-
total
1 161
-
4 801
-
Corporate
60 563
73 000
-
-
income
5 451
6 570
-
-
total
5 451
6 570
-
-
Dividends
55 112
66 430
-
-
withholding
4 960
5 979
-
-
total
4 960
5 979
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 048
12 549
22 085
12 233
After tax
57 952
60 451
50 915
60 767
Living cost
7 800
7 800
7 800
7 800
Free-cash
50 152
52 651
43 115
52 967

Estimated living cost  is ₴7800 per week

₴4977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴33045
₴25519
₴35314
₴27610
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
-
-
-
73 000
accident
-
-
-
410
income
-
-
-
18 220
pensions
-
-
-
12 886
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
31 881
Employee
18 165
-
58 483
-
unemployment
282
-
706
-
pensions
854
-
2 141
-
income
3 502
-
16 562
-
other
18
-
46
-
total
4 656
-
19 455
-
Employer
18 165
-
58 483
-
pensions
4 287
-
10 746
-
other
145
-
365
-
unemployment
999
-
2 504
-
accident
360
-
902
-
total
5 791
-
14 517
-
Corporate
49 043
73 000
-
-
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.

7 357
10 950
-
-
total
7 357
10 950
-
-
Dividends
41 687
62 050
-
-
withholding
8 642
13 227
-
-
total
8 642
13 227
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 446
24 177
33 972
31 881
After tax
46 554
48 823
39 028
41 119
Living cost
13 509
13 509
13 509
13 509
Free-cash
33 045
35 314
25 519
27 610

Estimated living cost  is ₴13509 per week

₴9119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴44439
₴45864
₴44596
₴45932
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
-
-
-
73 000
health
-
-
-
506
income
-
-
-
24 908
pensions
-
-
-
698
total
-
-
-
26 112
Employee
1 457
-
72 215
-
unemployment
15
-
35
-
pensions
131
-
314
-
health
73
-
174
-
income
282
-
24 872
-
total
501
-
25 395
-
Employer
1 457
-
72 215
-
pensions
160
-
384
-
health
138
-
331
-
unemployment
29
-
70
-
total
327
-
785
-
Corporate
71 216
73 000
-
-
income
15 667
16 060
-
-
total
15 667
16 060
-
-
Dividends
55 548
56 940
-
-
withholding
11 110
11 388
-
-
total
11 110
11 388
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 605
27 448
26 180
26 112
After tax
45 395
45 552
46 820
46 888
Living cost
956
956
956
956
Free-cash
44 439
44 596
45 864
45 932

Estimated living cost  is ₴956 per week

₴568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴41835
₴34591
₴44250
₴34592
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.

-
-
-
73 000
health
-
-
-
3 738
income
-
-
-
16 199
pensions
-
-
-
9 435
unemployment
-
-
-
544
total
-
-
-
29 916
Employee

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

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

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

12 805
-
66 504
-
unemployment
96
-
272
-
pensions
1 793
-
5 081
-
health
659
-
1 869
-
income
1 765
-
16 199
-
total
4 313
-
23 421
-
Employer

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

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

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

12 805
-
66 504
-
pensions
1 537
-
4 355
-
health
659
-
1 869
-
unemployment
96
-
272
-
total
2 292
-
6 496
-
Corporate
57 902
73 000
-
-
income
8 685
10 950
-
-
total
8 685
10 950
-
-
Dividends
49 217
62 050
-
-
withholding
7 383
9 308
-
-
total
7 383
9 308
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 673
20 258
29 917
29 916
After tax
50 327
52 742
43 083
43 084
Living cost
8 492
8 492
8 492
8 492
Free-cash
41 835
44 250
34 591
34 592

Estimated living cost  is ₴8492 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴28101
₴21185
₴28279
₴26322
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.

-
-
-
73 000
social contributions

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

-
-
-
25 367
income
-
-
-
8 067
surtax
-
-
-
-
total
-
-
-
33 434
Employee
19 067
-
58 990
-
social contributions
2 098
-
6 489
-
income
3 726
-
18 072
-
surtax
-
-
-
-
total
5 824
-
24 561
-
Employer
19 067
-
58 990
-
social contributions
4 528
-
14 010
-
total
4 528
-
14 010
-
Corporate
49 405
73 000
-
-
income
10 375
15 330
-
-
surtax
-
-
-
-
total
10 375
15 330
-
-
Dividends
39 029
57 670
-
-
withholding
10 928
16 147
-
-
total
10 928
16 147
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 655
31 477
38 571
33 434
After tax
41 345
41 523
34 429
39 566
Living cost
13 244
13 244
13 244
13 244
Free-cash
28 101
28 279
21 185
26 322

Estimated living cost  is ₴13244 per week

₴9381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴28119
₴21762
₴31558
₴23854
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
-
-
-
73 000
accident
-
-
-
410
income
-
-
-
18 220
pensions
-
-
-
12 886
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
31 881
Employee
23 726
-
58 483
-
unemployment
367
-
706
-
pensions
1 115
-
2 141
-
income
4 956
-
16 562
-
other
23
-
46
-
total
6 461
-
19 455
-
Employer
23 726
-
58 483
-
pensions
5 599
-
10 746
-
other
190
-
365
-
unemployment
1 305
-
2 504
-
accident
470
-
902
-
total
7 564
-
14 517
-
Corporate
41 709
73 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 257
10 950
-
-
total
6 257
10 950
-
-
Dividends
35 453
62 050
-
-
withholding
7 333
13 227
-
-
total
7 333
13 227
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 615
24 177
33 972
31 881
After tax
45 385
48 823
39 028
41 119
Living cost
17 266
17 266
17 266
17 266
Free-cash
28 119
31 558
21 762
23 854

Estimated living cost  is ₴17266 per week

₴12399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴50979
₴51742
₴53970
₴49026
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
-
-
-
73 000
health
-
-
-
1 972
income
-
-
-
10 950
pensions

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

-
-
-
2 538
unemployment
-
-
-
69
total
-
-
-
15 529
Employee
11 183
-
69 636
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

982
-
1 506
-
health
514
-
789
-
income
1 118
-
6 964
-
total
2 737
-
9 448
-
Employer
11 183
-
69 636
-
pensions

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

1 232
-
1 890
-
health
772
-
1 183
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
total
2 194
-
3 365
-
Corporate
59 623
73 000
-
-
income
5 962
7 300
-
-
total
5 962
7 300
-
-
Dividends
53 661
65 700
-
-
withholding
2 683
3 285
-
-
total
2 683
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 576
10 585
12 813
15 529
After tax
59 424
62 415
60 187
57 471
Living cost
8 445
8 445
8 445
8 445
Free-cash
50 979
53 970
51 742
49 026

Estimated living cost  is ₴8445 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴25052
₴28454
₴18625
₴21256
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.

-
-
-
73 000
health

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

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

-
-
-
3 356
trade
-
-
-
7 198
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.

-
-
-
21 064
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.

-
-
-
1 159
total
-
-
-
32 777
Employee

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

24 444
-
73 000
-
health

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

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

3 356
-
3 356
-
income

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

2 010
-
21 064
-
surtax

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

111
-
1 159
-
total
5 477
-
25 579
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 556
73 000
-
-
income
7 283
10 950
-
-
chamber of commerce
145
182
-
-
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.

401
602
-
-
trade
6 968
10 475
-
-
total
14 797
22 209
-
-
Dividends
33 759
50 791
-
-
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.

454
688
-
-
withholding
8 253
12 511
-
-
total
8 707
13 199
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 981
35 408
25 579
32 777
After tax
44 019
37 592
47 421
40 223
Living cost
18 967
18 967
18 967
18 967
Free-cash
25 052
18 625
28 454
21 256

Estimated living cost  is ₴18967 per week

₴13084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₴24199
₴12070
₴23115
₴12070
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
-
-
-
73 000
social contributions
-
-
-
11 865
income
-
-
-
21 080
total
-
-
-
32 945
Employee
38 428
-
73 000
-
social contributions
3 193
-
11 865
-
income
7 251
-
21 080
-
total
10 444
-
32 945
-
Employer
38 428
-
73 000
-
total
-
-
-
-
Corporate
34 572
73 000
-
-
income
4 321
9 125
-
-
total
4 321
9 125
-
-
Dividends
30 250
63 875
-
-
withholding
6 051
12 775
-
-
total
6 051
12 775
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 816
21 900
32 945
32 945
After tax
52 184
51 100
40 055
40 055
Living cost
27 985
27 985
27 985
27 985
Free-cash
24 199
23 115
12 070
12 070

Estimated living cost  is ₴27985 per week

₴21291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴28739
₴34897
₴27022
₴38150
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.

-
-
-
73 000
income
-
-
-
13 984
health

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

-
-
-
3 033
total
-
-
-
17 017
Employee
22 537
-
70 740
-
social contributions
2 258
-
2 260
-
income
2 445
-
15 750
-
total
4 703
-
18 010
-
Employer
22 537
-
70 740
-
social contributions
2 258
-
2 260
-
total
2 258
-
2 260
-
Corporate
48 205
73 000
-
-
income
16 872
25 550
-
-
total
16 872
25 550
-
-
Dividends
31 334
47 450
-
-
social contributions
2 595
2 595
-
-
total
2 595
2 595
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 428
28 145
20 270
17 017
After tax
46 572
44 855
52 730
55 983
Living cost
17 833
17 833
17 833
17 833
Free-cash
28 739
27 022
34 897
38 150

Estimated living cost  is ₴17833 per week

₴11747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴34037
₴24764
₴31194
₴31437
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
-
-
-
73 000
income
-
-
-
19 629
pensions
-
-
-
4 090
total
-
-
-
23 719
Employee
24 494
-
63 877
-
pensions
1 869
-
5 116
-
health
320
-
971
-
income
4 461
-
15 181
-
total
6 650
-
21 268
-
Employer
24 494
-
63 877
-
pensions
2 475
-
7 910
-
health
466
-
1 214
-
total
2 941
-
9 124
-
Corporate
45 566
73 000
-
-
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.

8 658
13 870
-
-
total
8 658
13 870
-
-
Dividends
36 909
59 130
-
-
withholding
2 870
10 092
-
-
total
2 870
10 092
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 119
23 962
30 392
23 719
After tax
51 881
49 038
42 608
49 281
Living cost
17 844
17 844
17 844
17 844
Free-cash
34 037
31 194
24 764
31 437

Estimated living cost  is ₴17844 per week

₴12241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₴4093
₴27270
-₴5951
₴38092
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
-
-
-
73 000
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
19 575
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
23 044
Employee
18 662
-
64 842
-
pensions
2 101
-
3 800
-
health
2 137
-
7 424
-
income
2 560
-
14 483
-
total
6 798
-
25 707
-
Employer
18 662
-
64 842
-
pensions
3 034
-
5 487
-
unemployment
457
-
1 589
-
accident
312
-
1 083
-
total
3 803
-
8 159
-
Corporate
50 535
73 000
-
-
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.

45 482
65 700
-
-
total
45 482
65 700
-
-
Dividends
5 053
7 300
-
-
withholding
960
1 387
-
-
total
960
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 043
67 087
33 866
23 044
After tax
15 957
5 913
39 134
49 956
Living cost
11 864
11 864
11 864
11 864
Free-cash
4 093
-5 951
27 270
38 092

Estimated living cost  is ₴11864 per week

₴8706
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.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₴52493
₴43729
₴54792
₴34457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
73 000
income
-
-
-
11 831
health insurance
-
-
-
5 402
pensions
-
-
-
13 432
unemployment
-
-
-
876
work injury
-
-
-
365
total
-
-
-
31 906
Employee

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

10 618
-
73 000
-
unemployment
127
-
471
-
pensions
1 954
-
7 229
-
work injury
53
-
196
-
income
1 062
-
11 831
-
health insurance
786
-
2 907
-
total
3 982
-
22 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 382
73 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

624
730
-
-
total
624
730
-
-
Dividends
61 758
72 270
-
-
withholding
9 264
10 841
-
-
total
9 264
10 841
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 870
11 571
22 634
31 906
After tax
59 130
61 429
50 366
41 094
Living cost
6 637
6 637
6 637
6 637
Free-cash
52 493
54 792
43 729
34 457

Estimated living cost  is ₴6637 per week

₴4111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴16647
₴11975
₴18881
₴15246
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
-
-
-
73 000
social contributions
-
-
-
18 775
municipal
-
-
-
488
regional
-
-
-
1 657
national
-
-
-
17 263
total
-
-
-
38 183
Employee
41 398
-
73 000
-
regional
625
-
1 448
-
municipal
247
-
435
-
national
6 996
-
14 955
-
social contributions
13 959
-
24 616
-
total
21 827
-
41 454
-
Employer
41 398
-
73 000
-
total
-
-
-
-
Corporate
31 602
73 000
-
-
municipal
1 523
3 518
-
-
nationa
7 584
17 520
-
-
total
9 107
21 038
-
-
Dividends
22 495
51 961
-
-
withholding
5 848
13 510
-
-
total
5 848
13 510
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 782
34 548
41 454
38 183
After tax
36 218
38 452
31 546
34 817
Living cost
19 571
19 571
19 571
19 571
Free-cash
16 647
18 881
11 975
15 246

Estimated living cost  is ₴19571 per week

₴13747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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