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
₴32218
₴21376
₴24461
₴27026
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.

-
-
-
3 490
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.

-
-
-
20 683
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.

-
-
-
1 138
trade
-
-
-
7 757
total
-
-
-
33 068
Employee

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

19 537
-
73 000
-
surtax

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

30
-
1 138
-
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.

546
-
20 683
-
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.

3 490
-
3 490
-
total
4 066
-
25 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 463
73 000
-
-
chamber of commerce
154
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.

441
602
-
-
trade
8 420
11 497
-
-
income
8 019
10 950
-
-
total
17 034
23 231
-
-
Dividends
36 429
49 768
-
-
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.

490
674
-
-
withholding
8 913
12 248
-
-
total
9 403
12 922
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 503
36 153
25 311
33 068
After tax
42 497
36 847
47 689
39 932
Living cost
15 471
15 471
15 471
15 471
Free-cash
27 026
21 376
32 218
24 461

Estimated living cost  is ₴15471 per week

₴9732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴3647
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
₴17073
₴18614
₴16500
₴18166
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
pensions
-
-
-
8 760
national
-
-
-
12 166
municipal
-
-
-
7 851
total
-
-
-
29 562
Employee
41 760
-
63 108
-
municipal
5 158
-
8 134
-
national
7 993
-
12 604
-
pensions
1 670
-
2 524
-
total
14 821
-
23 262
-
Employer
41 760
-
63 108
-
pensions
3 341
-
5 049
-
social contributions
449
-
678
-
total
3 790
-
5 727
-
Corporate
24 695
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%.

4 939
14 600
-
-
total
4 939
14 600
-
-
Dividends
19 756
58 400
-
-
withholding
4 346
12 848
-
-
total
4 346
12 848
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 896
27 448
28 989
29 562
After tax
45 104
45 552
44 011
43 438
Living cost
26 938
26 938
26 938
26 938
Free-cash
18 166
18 614
17 073
16 500

Estimated living cost  is ₴26938 per week

₴18310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
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.
₴5721
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
₴30270
₴47773
₴12481
₴43583
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.

-
-
-
19 570
income
-
-
-
11 707
surtax
-
-
-
18 615
microenterprise
-
-
-
-
total
-
-
-
49 892
Employee
14 925
-
58 829
-
surtax
-
-
-
-
social contributions

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

1 642
-
6 471
-
income
2 657
-
11 461
-
total
4 299
-
17 932
-
Employer
14 925
-
58 829
-
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.

3 595
-
14 171
-
total
3 595
-
14 171
-
Corporate
54 479
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%.

10 896
14 600
-
-
total
10 896
14 600
-
-
Dividends

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

43 583
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
18 790
14 600
32 103
49 892
After tax
54 210
58 400
40 897
23 108
Living cost
10 627
10 627
10 627
10 627
Free-cash
43 583
47 773
30 270
12 481

Estimated living cost  is ₴10627 per week

₴6779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2594
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
₴22367
₴14491
₴20084
₴11362
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
-
-
-
6 299
income
-
-
-
19 234
pensions
-
-
-
5 985
total
-
-
-
31 518
Employee
43 619
43 619
63 508
-
income

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

7 140
7 140
7 458
-
pensions
7 851
5 985
5 985
-
health
6 695
5 695
6 299
-
total
21 686
18 820
19 742
-
Employer
43 619
43 619
63 508
-
unemployment
1 570
1 570
1 951
-
health
3 032
3 032
3 768
-
pensions
3 036
3 036
3 774
-
total
7 638
7 638
9 493
-
Corporate
22 278
21 743
-
-
income
4 456
4 348
-
-
total
4 456
4 348
-
-
Dividends
17 822
17 394
-
-
income
3 787
3 696
-
-
withholding
2 673
2 609
-
-
total
6 460
6 305
-
-
Income
73 000
73 000
73 000
73 000
Total tax
40 240
37 111
29 235
31 518
After tax
32 760
35 889
43 765
41 482
Living cost
21 398
21 398
21 398
21 398
Free-cash
11 362
14 491
22 367
20 084

Estimated living cost  is ₴21398 per week

₴15164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴3964
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
₴17144
₴18941
₴17706
₴18471
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
other
-
-
-
5 327
health
-
-
-
2 861
accident
-
-
-
92
pensions
-
-
-
4 956
national
-
-
-
3 287
unemployment
-
-
-
46
municipal
-
-
-
17 808
total
-
-
-
34 377
Employee
29 805
-
58 596
-
municipal
8 888
-
17 473
-
national
-
-
3 062
-
total
8 888
-
20 535
-
Employer
29 805
-
58 596
-
other
3 463
-
5 327
-
unemployment
787
-
1 210
-
health
1 833
-
2 819
-
accident
60
-
92
-
pensions
3 222
-
4 956
-
total
9 365
-
14 404
-
Corporate
33 830
73 000
-
-
income
7 443
16 060
-
-
total
7 443
16 060
-
-
Dividends
26 387
56 940
-
-
withholding
7 916
17 082
-
-
total
7 916
17 082
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 612
33 142
34 939
34 377
After tax
39 388
39 858
38 061
38 623
Living cost
20 917
20 917
20 917
20 917
Free-cash
18 471
18 941
17 144
17 706

Estimated living cost  is ₴20917 per week

₴13863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2053
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.
₴4684
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
₴27623
₴16405
₴19521
₴23581
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.

-
-
-
3 490
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.

-
-
-
20 683
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.

-
-
-
1 138
trade
-
-
-
8 102
total
-
-
-
33 413
Employee

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

25 903
-
73 000
-
surtax

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

122
-
1 138
-
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.

2 226
-
20 683
-
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.

3 490
-
3 490
-
total
5 838
-
25 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 097
73 000
-
-
chamber of commerce
144
181
-
-
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
602
-
-
trade
7 748
12 009
-
-
income
7 064
10 950
-
-
total
15 345
23 742
-
-
Dividends
31 752
49 258
-
-
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.

426
667
-
-
withholding
7 744
12 120
-
-
total
8 170
12 787
-
-
Income
73 000
73 000
73 000
73 000
Total tax
29 353
36 529
25 311
33 413
After tax
43 647
36 471
47 689
39 587
Living cost
20 066
20 066
20 066
20 066
Free-cash
23 581
16 405
27 623
19 521

Estimated living cost  is ₴20066 per week

₴13420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2116
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.
₴4230
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
₴33489
₴36742
₴34179
₴34623
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
-
-
-
8 264
health
-
-
-
1 861
income
-
-
-
12 129
total
-
-
-
22 254
Employee
39 277
39 277
67 357
-
social contributions
1 909
3 260
4 397
-
income
4 124
3 636
11 758
-
health
391
668
1 145
-
total
6 424
7 564
17 300
-
Employer
39 277
39 277
67 357
-
health
426
727
1 247
-
social contributions
1 909
3 260
4 397
-
total
2 335
3 987
5 644
-
Corporate
47 675
29 736
-
-
income
5 959
3 717
-
-
total
5 959
3 717
-
-
Dividends
41 716
26 019
-
-
withholding
7 092
4 423
-
-
total
7 092
4 423
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 810
19 691
22 944
22 254
After tax
51 190
53 309
50 056
50 746
Living cost
16 567
16 567
16 567
16 567
Free-cash
34 623
36 742
33 489
34 179

Estimated living cost  is ₴16567 per week

₴11325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1294
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.
₴3670
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
₴32726
₴31456
₴40978
₴31656
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.

13 848
5 511
61 088
-
income
1 693
674
7 468
-
pensions
1 385
551
6 109
-
health
969
386
4 276
-
unemployment
208
83
916
-
total
4 255
1 694
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.

13 848
5 511
61 088
-
pensions
2 700
1 075
11 912
-
total
2 700
1 075
11 912
-
Corporate
56 452
66 414
-
-
income
5 081
5 977
-
-
total
5 081
5 977
-
-
Dividends
51 371
60 437
-
-
social contributions
9 954
11 722
-
-
withholding
9 761
11 483
-
-
total
19 715
23 205
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 751
31 951
30 681
22 429
After tax
41 249
41 049
42 319
50 571
Living cost
9 593
9 593
9 593
9 593
Free-cash
31 656
31 456
32 726
40 978

Estimated living cost  is ₴9593 per week

₴6546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴192
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.
₴2070
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
₴29740
₴46063
₴26791
₴42890
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
14 490
-
54 560
-
income
1 631
-
10 519
-
pensions
290
-
1 091
-
unemployment
232
-
873
-
total
2 153
-
12 483
-
Employer
14 490
-
54 560
-
unemployment
116
-
436
-
health
1 883
-
7 092
-
pensions
2 898
-
10 912
-
total
4 897
-
18 440
-
Corporate
53 612
73 000
-
-
income
10 723
14 600
-
-
total
10 723
14 600
-
-
Dividends
42 889
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
17 773
14 600
30 923
33 872
After tax
55 227
58 400
42 077
39 128
Living cost
12 337
12 337
12 337
12 337
Free-cash
42 890
46 063
29 740
26 791

Estimated living cost  is ₴12337 per week

₴8462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2892
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
₴27701
-₴5416
₴38637
₴4175
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
other
-
-
-
191
health
-
-
-
1 123
accident
-
-
-
130
income
-
-
-
19 447
pensions
-
-
-
2 143
total
-
-
-
23 034
Employee
17 821
-
64 663
-
income
2 445
-
14 300
-
pensions
2 007
-
3 929
-
health
2 040
-
7 404
-
total
6 492
-
25 633
-
Employer
17 821
-
64 663
-
unemployment
437
-
1 584
-
accident
297
-
1 080
-
pensions
2 898
-
5 673
-
total
3 632
-
8 337
-
Corporate
51 547
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.

46 393
65 700
-
-
total
46 393
65 700
-
-
Dividends
5 155
7 300
-
-
withholding
979
1 387
-
-
total
979
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 496
67 087
33 970
23 034
After tax
15 504
5 913
39 030
49 966
Living cost
11 329
11 329
11 329
11 329
Free-cash
4 175
-5 416
27 701
38 637

Estimated living cost  is ₴11329 per week

₴8303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴2162
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
₴54156
₴65106
₴68026
₴64310
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
5 305
-
73 000
-
income
1 061
-
14 600
-
total
1 061
-
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%.

67 695
73 000
-
-
total
-
-
-
-
Dividends
67 695
73 000
-
-
withholding
3 385
3 650
-
-
total
3 385
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 446
3 650
14 600
730
After tax
68 554
69 350
58 400
72 270
Living cost
4 244
4 244
4 244
4 244
Free-cash
64 310
65 106
54 156
68 026

Estimated living cost  is ₴4244 per week

₴2630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1144
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
₴28170
₴40023
₴25153
₴36573
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
other
-
-
-
3 467
health
-
-
-
3 212
income
-
-
-
10 038
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.

-
-
-
17 520
total
-
-
-
34 237
Employee
18 546
-
58 307
-
income
3 193
-
11 045
-
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.

1 298
-
4 082
-
health
260
-
816
-
unemployment
185
-
584
-
total
4 936
-
16 527
-
Employer
18 546
-
58 307
-
other
928
-
2 915
-
unemployment
185
-
584
-
health
260
-
816
-
accident
148
-
466
-
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.

3 153
-
9 912
-
total
4 674
-
14 693
-
Corporate
49 780
73 000
-
-
income
10 454
15 330
-
-
total
10 454
15 330
-
-
Dividends
39 326
57 670
-
-
withholding
2 753
4 037
-
-
total
2 753
4 037
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 817
19 367
31 220
34 237
After tax
50 183
53 633
41 780
38 763
Living cost
13 610
13 610
13 610
13 610
Free-cash
36 573
40 023
28 170
25 153

Estimated living cost  is ₴13610 per week

₴9617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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 Bratislava model

Close
London , United Kingdom
₴9158
₴15751
₴15855
₴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
income
-
-
-
19 176
pensions
-
-
-
4 222
total
-
-
-
23 398
Employee
47 747
-
63 916
-
income
8 607
-
14 713
-
health
787
-
988
-
pensions
4 606
-
5 310
-
total
14 000
-
21 011
-
Employer
47 747
-
63 916
-
health
907
-
1 215
-
pensions
5 638
-
7 869
-
total
6 545
-
9 084
-
Corporate
18 709
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.

3 555
13 870
-
-
total
3 555
13 870
-
-
Dividends
15 154
59 130
-
-
withholding
1 137
9 632
-
-
total
1 137
9 632
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 237
23 502
30 095
23 398
After tax
47 763
49 498
42 905
49 602
Living cost
33 747
33 747
33 747
33 747
Free-cash
14 016
15 751
9 158
15 855

Estimated living cost  is ₴33747 per week

₴25287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4221
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
₴53433
₴55807
₴50741
₴53468
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
-
-
-
2 025
income
-
-
-
10 950
pensions

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

-
-
-
2 606
unemployment
-
-
-
70
total
-
-
-
15 651
Employee
8 750
-
69 546
-
income
875
-
6 954
-
accident

We are using the highest rate at 1.1%.

96
-
194
-
pensions

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

768
-
1 546
-
health
402
-
810
-
total
2 141
-
9 504
-
Employer
8 750
-
69 546
-
unemployment
52
-
106
-
health
604
-
1 215
-
accident

We are using the highest rate at 1.1%.

96
-
194
-
pensions

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

964
-
1 940
-
total
1 716
-
3 455
-
Corporate
62 533
73 000
-
-
income
6 253
7 300
-
-
total
6 253
7 300
-
-
Dividends
56 280
65 700
-
-
withholding
2 814
3 285
-
-
total
2 814
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
12 924
10 585
12 959
15 651
After tax
60 076
62 415
60 041
57 349
Living cost
6 608
6 608
6 608
6 608
Free-cash
53 468
55 807
53 433
50 741

Estimated living cost  is ₴6608 per week

₴3858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2103
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
₴15441
₴7565
₴13158
₴8849
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
-
-
-
6 299
income
-
-
-
19 234
pensions
-
-
-
5 985
total
-
-
-
31 518
Employee
47 356
43 619
63 508
-
income

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

7 140
7 140
7 458
-
pensions
5 985
5 985
5 985
-
health
5 908
5 695
6 299
-
total
19 033
18 820
19 742
-
Employer
47 356
43 619
63 508
-
unemployment
1 705
1 570
1 951
-
health
3 291
3 032
3 768
-
pensions
3 296
3 036
3 774
-
total
8 292
7 638
9 493
-
Corporate
17 352
21 743
-
-
income
3 470
4 348
-
-
total
3 470
4 348
-
-
Dividends
13 882
17 394
-
-
income
2 950
3 696
-
-
withholding
2 082
2 609
-
-
total
5 032
6 305
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 827
37 111
29 235
31 518
After tax
37 173
35 889
43 765
41 482
Living cost
28 324
28 324
28 324
28 324
Free-cash
8 849
7 565
15 441
13 158

Estimated living cost  is ₴28324 per week

₴20894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2530
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.
₴4576
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
₴24438
₴37652
₴25644
₴33155
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
-
-
-
18 143
health
-
-
-
9 855
income
-
-
-
6 750
solidarity contribution
-
-
-
-
total
-
-
-
34 748
Employee
18 542
-
54 478
-
social contributions
1 205
-
3 541
-
solidarity contribution
-
-
-
-
income
2 225
-
6 537
-
health
2 503
-
7 354
-
total
5 933
-
17 432
-
Employer
18 542
-
54 478
-
health
1 669
-
4 903
-
social contributions
4 635
-
13 619
-
total
6 304
-
18 522
-
Corporate
48 154
73 000
-
-
income
9 149
13 870
-
-
total
9 149
13 870
-
-
Dividends
39 005
59 130
-
-
withholding
5 851
8 870
-
-
total
5 851
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 237
22 740
35 954
34 748
After tax
45 763
50 260
37 046
38 252
Living cost
12 608
12 608
12 608
12 608
Free-cash
33 155
37 652
24 438
25 644

Estimated living cost  is ₴12608 per week

₴8758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2706
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
₴10882
₴17395
₴14327
₴14730
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
-
-
-
18 776
national
-
-
-
17 066
regional
-
-
-
844
municipal
-
-
-
434
total
-
-
-
37 120
Employee
45 396
-
73 000
-
social contributions
15 307
-
24 616
-
municipal
240
-
387
-
national
7 866
-
14 819
-
regional
428
-
743
-
total
23 841
-
40 565
-
Employer
45 396
-
73 000
-
total
-
-
-
-
Corporate
27 604
73 000
-
-
nationa
6 625
17 520
-
-
municipal
1 077
2 847
-
-
total
7 702
20 367
-
-
Dividends
19 902
52 633
-
-
withholding
5 174
13 685
-
-
total
5 174
13 685
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 717
34 052
40 565
37 120
After tax
36 283
38 948
32 435
35 880
Living cost
21 553
21 553
21 553
21 553
Free-cash
14 730
17 395
10 882
14 327

Estimated living cost  is ₴21553 per week

₴15024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4785
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
₴21535
₴34647
₴23370
₴33058
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
other
-
-
-
-
health
-
-
-
4 840
income
-
-
-
17 311
pensions
-
-
-
13 634
surtax
-
-
-
2 458
unemployment
-
-
-
116
total
-
-
-
38 359
Employee
16 891
-
60 306
-
surtax
55
-
2 168
-
income
2 831
-
15 574
-
other
-
-
-
-
pensions
1 126
-
4 023
-
health
431
-
1 538
-
unemployment
1 176
-
4 197
-
total
5 619
-
27 500
-
Employer
16 891
-
60 306
-
other
-
-
-
-
unemployment
535
-
1 911
-
health
769
-
2 744
-
pensions
2 252
-
8 039
-
total
3 556
-
12 694
-
Corporate
52 553
73 000
-
-
income
13 663
18 980
-
-
total
13 663
18 980
-
-
Dividends
38 890
54 020
-
-
withholding
5 833
8 102
-
-
total
5 833
8 102
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 671
27 082
40 194
38 359
After tax
44 329
45 918
32 806
34 641
Living cost
11 271
11 271
11 271
11 271
Free-cash
33 058
34 647
21 535
23 370

Estimated living cost  is ₴11271 per week

₴6892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1040
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.
₴3080
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
₴19850
₴26443
₴26547
₴27668
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
-
-
-
19 176
pensions
-
-
-
4 222
total
-
-
-
23 398
Employee
31 999
-
63 916
-
income
5 763
-
14 713
-
health
465
-
988
-
pensions
2 716
-
5 310
-
total
8 944
-
21 011
-
Employer
31 999
-
63 916
-
health
608
-
1 215
-
pensions
3 464
-
7 869
-
total
4 072
-
9 084
-
Corporate
36 930
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.

7 017
13 870
-
-
total
7 017
13 870
-
-
Dividends
29 913
59 130
-
-
withholding
2 244
9 632
-
-
total
2 244
9 632
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 277
23 502
30 095
23 398
After tax
50 723
49 498
42 905
49 602
Living cost
23 055
23 055
23 055
23 055
Free-cash
27 668
26 443
19 850
26 547

Estimated living cost  is ₴23055 per week

₴17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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

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
₴15625
-₴7420
₴19173
₴10036
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
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
health
-
-
-
165
pensions
-
-
-
6 715
city
-
-
-
769
national
-
-
-
812
regional
-
-
-
3 104
total
-
-
-
13 025
Employee
47 749
-
65 340
-
national
226
-
644
-
city
512
-
702
-
pensions
4 012
-
5 488
-
health
108
-
147
-
regional
1 564
-
2 650
-
unemployment
-
-
-
-
total
6 422
-
9 631
-
Employer
47 749
-
65 340
-
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.

955
-
1 307
-
unemployment
-
-
-
-
health
108
-
147
-
pensions
4 012
-
5 488
-
total
5 075
-
6 942
-
Corporate
19 652
73 000
-
-
regional
4 156
15 439
-
-
national
1 670
6 205
-
-
total
5 826
21 644
-
-
Dividends
13 826
51 356
-
-
withholding
4 839
17 974
-
-
total
4 839
17 974
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 162
39 618
16 573
13 025
After tax
50 838
33 382
56 427
59 975
Living cost
40 802
40 802
40 802
40 802
Free-cash
10 036
-7 420
15 625
19 173

Estimated living cost  is ₴40802 per week

₴26533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴501
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.
₴10106
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
₴24290
₴12698
₴15843
₴20979
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.

-
-
-
3 490
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.

-
-
-
20 683
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.

-
-
-
1 138
trade
-
-
-
8 447
total
-
-
-
33 758
Employee

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

30 697
-
73 000
-
surtax

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

199
-
1 138
-
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.

3 610
-
20 683
-
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.

3 490
-
3 490
-
total
7 299
-
25 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 303
73 000
-
-
chamber of commerce
137
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.

349
602
-
-
trade
7 255
12 520
-
-
income
6 345
10 950
-
-
total
14 086
24 252
-
-
Dividends
28 217
48 748
-
-
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.

377
659
-
-
withholding
6 860
11 992
-
-
total
7 237
12 651
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 622
36 903
25 311
33 758
After tax
44 378
36 097
47 689
39 242
Living cost
23 399
23 399
23 399
23 399
Free-cash
20 979
12 698
24 290
15 843

Estimated living cost  is ₴23399 per week

₴17090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
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.
₴4134
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
₴24542
₴19315
₴23937
₴22333
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
other
-
-
-
2 263
social contributions
-
-
-
2 080
health
-
-
-
2 557
income
-
-
-
10 052
pensions
-
-
-
14 635
surtax
-
-
-
-
total
-
-
-
31 587
Employee
21 861
-
57 513
-
surtax
-
-
-
-
social contributions
623
-
1 638
-
income
1 290
-
10 280
-
pensions
2 472
-
3 577
-
total
4 385
-
15 495
-
Employer
21 861
-
57 513
-
other
754
-
2 064
-
unemployment
885
-
2 329
-
health
1 531
-
4 823
-
pensions
3 591
-
6 098
-
social contributions
66
-
173
-
total
6 827
-
15 487
-
Corporate
44 312
73 000
-
-
surtax
-
-
-
-
income
12 407
20 440
-
-
total
12 407
20 440
-
-
Dividends
31 905
52 560
-
-
social contributions
5 488
9 041
-
-
surtax
-
-
-
-
withholding
4 084
6 728
-
-
total
9 572
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 191
36 209
30 982
31 587
After tax
39 809
36 791
42 018
41 413
Living cost
17 476
17 476
17 476
17 476
Free-cash
22 333
19 315
24 542
23 937

Estimated living cost  is ₴17476 per week

₴11019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4739
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
₴26274
₴21047
₴25669
₴23886
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
other
-
-
-
2 263
social contributions
-
-
-
2 080
health
-
-
-
2 557
income
-
-
-
10 052
pensions
-
-
-
14 635
surtax
-
-
-
-
total
-
-
-
31 587
Employee
19 514
-
57 513
-
surtax
-
-
-
-
social contributions
556
-
1 638
-
income
1 006
-
10 280
-
pensions
2 207
-
3 577
-
total
3 769
-
15 495
-
Employer
19 514
-
57 513
-
other
674
-
2 064
-
unemployment
790
-
2 329
-
health
1 366
-
4 823
-
pensions
3 206
-
6 098
-
social contributions
58
-
173
-
total
6 094
-
15 487
-
Corporate
47 392
73 000
-
-
surtax
-
-
-
-
income
13 270
20 440
-
-
total
13 270
20 440
-
-
Dividends
34 122
52 560
-
-
social contributions
5 869
9 041
-
-
surtax
-
-
-
-
withholding
4 368
6 728
-
-
total
10 237
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 370
36 209
30 982
31 587
After tax
39 630
36 791
42 018
41 413
Living cost
15 744
15 744
15 744
15 744
Free-cash
23 886
21 047
26 274
25 669

Estimated living cost  is ₴15744 per week

₴9131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4716
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
₴35043
₴33705
₴36049
₴33970
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
17 319
-
73 000
-
social contributions
2 390
-
10 074
-
income
2 889
-
11 956
-
health
1 209
-
5 096
-
total
6 488
-
27 126
-
Employer
17 319
-
73 000
-
total
-
-
-
-
Corporate
55 681
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%.

2 784
3 650
-
-
total
2 784
3 650
-
-
Dividends
52 897
69 350
-
-
social contributions
7 300
9 570
-
-
withholding
7 935
10 403
-
-
health
3 692
4 841
-
-
total
18 927
24 814
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 199
28 464
27 126
26 120
After tax
44 801
44 536
45 874
46 880
Living cost
10 831
10 831
10 831
10 831
Free-cash
33 970
33 705
35 043
36 049

Estimated living cost  is ₴10831 per week

₴7249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2665
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
₴1329
₴22553
₴19187
₴21762
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
-
-
-
4 565
income
-
-
-
16 684
chamber of commerce
-
-
-
292
pensions
-
-
-
11 040
surtax
-
-
-
101
unemployment
-
-
-
3 133
total
-
-
-
35 815
Employee
25 527
20 356
56 607
-
income
2 906
1 501
13 363
-
other
255
204
566
-
pensions
2 614
2 084
5 796
-
health
988
788
2 191
-
unemployment
766
611
1 698
-
total
7 529
5 188
23 614
-
Employer
25 527
20 356
56 607
-
other
1 213
966
2 689
-
unemployment
766
611
1 698
-
health
964
770
2 139
-
surtax
101
101
101
-
accident
332
265
736
-
pensions
3 204
2 555
7 104
-
payroll
766
611
1 698
-
chamber of commerce
102
81
227
-
total
7 448
5 960
16 392
-
Corporate
40 027
46 685
54 669
-
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.

10 007
11 672
13 667
-
total
10 007
11 672
13 667
-
Dividends
30 020
35 014
-
-
withholding
8 256
9 629
-
-
total
8 256
9 629
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 240
32 449
53 673
35 815
After tax
39 760
40 551
19 327
37 185
Living cost
17 998
17 998
17 998
17 998
Free-cash
21 762
22 553
1 329
19 187

Estimated living cost  is ₴17998 per week

₴12004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1535
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.
₴4163
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
₴8025
₴22238
₴13476
₴14575
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
-
-
-
11 459
communal

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

-
-
-
3 692
national
-
-
-
25 749
total
-
-
-
40 900
Employee

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

36 537
-
56 541
-
national
11 233
-
19 553
-
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.

2 740
-
4 241
-
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.

1 717
-
2 658
-
communal

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

1 906
-
2 949
-
unemployment

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

318
-
491
-
total
17 914
-
29 892
-
Employer

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

36 537
-
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.

533
-
826
-
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.

2 247
-
3 478
-
surtax
4 143
-
6 411
-
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.

475
-
735
-
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.

3 238
-
5 009
-
total
10 636
-
16 459
-
Corporate
25 828
73 000
-
-
surtax
104
292
-
-
income
5 165
14 600
-
-
total
5 269
14 892
-
-
Dividends
20 559
58 108
-
-
withholding

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

5 982
17 246
-
-
total
5 982
17 246
-
-
Income
73 000
73 000
73 000
73 000
Total tax
39 801
32 138
46 351
40 900
After tax
33 199
40 862
26 649
32 100
Living cost
18 624
18 624
18 624
18 624
Free-cash
14 575
22 238
8 025
13 476

Estimated living cost  is ₴18624 per week

₴11996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4708
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
₴20307
₴30417
₴22711
₴26618
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
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
17 639
pensions
-
-
-
13 398
unemployment
-
-
-
332
total
-
-
-
31 842
Employee
25 426
-
57 907
-
income
5 365
-
16 146
-
other
25
-
47
-
pensions
1 195
-
2 226
-
unemployment
395
-
734
-
total
6 980
-
19 153
-
Employer
25 426
-
57 907
-
other
203
-
379
-
unemployment
1 399
-
2 604
-
accident
503
-
937
-
pensions
6 000
-
11 173
-
total
8 105
-
15 093
-
Corporate
39 470
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.

5 921
10 950
-
-
total
5 921
10 950
-
-
Dividends
33 549
62 050
-
-
withholding
6 929
13 186
-
-
total
6 929
13 186
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 935
24 136
34 246
31 842
After tax
45 065
48 864
38 754
41 158
Living cost
18 447
18 447
18 447
18 447
Free-cash
26 618
30 417
20 307
22 711

Estimated living cost  is ₴18447 per week

₴13584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3288
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
₴13144
₴15841
₴10233
₴10231
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
-
-
-
5 130
accident
-
-
-
616
income
-
-
-
10 088
pensions
-
-
-
10 942
communal
-
-
-
4 614
surtax
-
-
-
3 619
total
-
-
-
35 009
Employee
38 681
-
65 208
-
surtax
2 371
-
3 996
-
income
3 736
-
12 191
-
pensions
3 094
-
5 217
-
health
1 722
-
2 902
-
total
10 923
-
24 306
-
Employer
38 681
-
65 208
-
health
1 180
-
1 989
-
accident
348
-
586
-
pensions
3 094
-
5 217
-
total
4 622
-
7 792
-
Corporate
29 697
73 000
-
-
surtax
312
767
-
-
income
4 455
10 950
-
-
communal
2 005
4 927
-
-
total
6 772
16 644
-
-
Dividends
22 925
56 356
-
-
income
9 255
4 304
-
-
withholding
3 439
8 453
-
-
total
12 694
12 757
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 011
29 401
32 098
35 009
After tax
37 989
43 599
40 902
37 991
Living cost
27 758
27 758
27 758
27 758
Free-cash
10 231
15 841
13 144
10 233

Estimated living cost  is ₴27758 per week

₴20823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4959
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
₴21333
₴34445
₴23168
₴32818
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
other
-
-
-
-
health
-
-
-
4 840
income
-
-
-
17 311
pensions
-
-
-
13 634
surtax
-
-
-
2 458
unemployment
-
-
-
116
total
-
-
-
38 359
Employee
17 201
-
60 306
-
surtax
61
-
2 168
-
income
2 884
-
15 574
-
other
-
-
-
-
pensions
1 148
-
4 023
-
health
439
-
1 538
-
unemployment
1 197
-
4 197
-
total
5 729
-
27 500
-
Employer
17 201
-
60 306
-
other
-
-
-
-
unemployment
546
-
1 911
-
health
782
-
2 744
-
pensions
2 293
-
8 039
-
total
3 621
-
12 694
-
Corporate
52 177
73 000
-
-
income
13 567
18 980
-
-
total
13 567
18 980
-
-
Dividends
38 611
54 020
-
-
withholding
5 792
8 102
-
-
total
5 792
8 102
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 709
27 082
40 194
38 359
After tax
44 291
45 918
32 806
34 641
Living cost
11 473
11 473
11 473
11 473
Free-cash
32 818
34 445
21 333
23 168

Estimated living cost  is ₴11473 per week

₴6927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3283
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
₴18437
₴24612
₴21864
₴23477
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
-
-
-
18 776
national
-
-
-
17 066
regional
-
-
-
1 101
municipal
-
-
-
434
total
-
-
-
37 377
Employee
28 334
-
73 000
-
social contributions
9 555
-
24 616
-
municipal
150
-
387
-
national
4 489
-
14 819
-
regional
381
-
982
-
total
14 575
-
40 804
-
Employer
28 334
-
73 000
-
total
-
-
-
-
Corporate
44 666
73 000
-
-
nationa
10 720
17 520
-
-
municipal
2 220
3 628
-
-
total
12 940
21 148
-
-
Dividends
31 727
51 852
-
-
withholding
8 249
13 481
-
-
total
8 249
13 481
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 764
34 629
40 804
37 377
After tax
37 236
38 371
32 196
35 623
Living cost
13 759
13 759
13 759
13 759
Free-cash
23 477
24 612
18 437
21 864

Estimated living cost  is ₴13759 per week

₴8557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴3573
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
₴21509
₴34723
₴22715
₴29181
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
-
-
-
18 143
health
-
-
-
9 855
income
-
-
-
6 750
solidarity contribution
-
-
-
-
total
-
-
-
34 748
Employee
22 848
-
54 478
-
social contributions
1 485
-
3 541
-
solidarity contribution
-
-
-
-
income
2 742
-
6 537
-
health
3 084
-
7 354
-
total
7 311
-
17 432
-
Employer
22 848
-
54 478
-
health
2 056
-
4 903
-
social contributions
5 712
-
13 619
-
total
7 768
-
18 522
-
Corporate
42 384
73 000
-
-
income
8 053
13 870
-
-
total
8 053
13 870
-
-
Dividends
34 331
59 130
-
-
withholding
5 150
8 870
-
-
total
5 150
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 282
22 740
35 954
34 748
After tax
44 718
50 260
37 046
38 252
Living cost
15 537
15 537
15 537
15 537
Free-cash
29 181
34 723
21 509
22 715

Estimated living cost  is ₴15537 per week

₴11554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴2853
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
₴3048
₴24310
₴20990
₴24058
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
-
-
-
4 565
income
-
-
-
16 684
chamber of commerce
-
-
-
292
pensions
-
-
-
11 040
surtax
-
-
-
-
unemployment
-
-
-
3 133
total
-
-
-
35 714
Employee
22 328
20 356
56 686
-
income
1 989
1 501
13 390
-
other
223
204
567
-
pensions
2 287
2 084
5 804
-
health
864
788
2 194
-
unemployment
670
611
1 700
-
total
6 033
5 188
23 655
-
Employer
22 328
20 356
56 686
-
other
1 060
966
2 693
-
unemployment
670
611
1 700
-
health
844
770
2 143
-
surtax
-
-
-
-
accident
290
265
737
-
pensions
2 802
2 555
7 114
-
payroll
670
611
1 700
-
chamber of commerce
89
81
227
-
total
6 425
5 859
16 314
-
Corporate
44 246
46 786
54 748
-
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.

11 062
11 697
13 687
-
total
11 062
11 697
13 687
-
Dividends
33 185
35 089
-
-
withholding
9 126
9 650
-
-
total
9 126
9 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 646
32 394
53 656
35 714
After tax
40 354
40 606
19 344
37 286
Living cost
16 296
16 296
16 296
16 296
Free-cash
24 058
24 310
3 048
20 990

Estimated living cost  is ₴16296 per week

₴9776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4565
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
₴51787
₴62737
₴65657
₴61497
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
8 267
-
73 000
-
income
1 653
-
14 600
-
total
1 653
-
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%.

64 733
73 000
-
-
total
-
-
-
-
Dividends
64 733
73 000
-
-
withholding
3 237
3 650
-
-
total
3 237
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 890
3 650
14 600
730
After tax
68 110
69 350
58 400
72 270
Living cost
6 613
6 613
6 613
6 613
Free-cash
61 497
62 737
51 787
65 657

Estimated living cost  is ₴6613 per week

₴4475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴1638
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
₴20881
₴36561
₴22813
₴32288
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
-
-
-
7 184
income
-
-
-
15 861
pensions
-
-
-
13 332
unemployment
-
-
-
110
total
-
-
-
36 487
Employee

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

22 587
-
63 165
-
income
3 895
-
14 625
-
pensions
3 501
-
9 791
-
health
1 459
-
4 080
-
unemployment
32
-
88
-
total
8 887
-
28 584
-
Employer

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

22 587
-
63 165
-
unemployment
14
-
38
-
health
1 504
-
4 207
-
pensions
1 999
-
5 590
-
total
3 517
-
9 835
-
Corporate
46 896
73 000
-
-
income
8 910
13 870
-
-
total
8 910
13 870
-
-
Dividends
37 986
59 130
-
-
withholding
5 698
8 869
-
-
total
5 698
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 012
22 739
38 419
36 487
After tax
45 988
50 261
34 581
36 513
Living cost
13 700
13 700
13 700
13 700
Free-cash
32 288
36 561
20 881
22 813

Estimated living cost  is ₴13700 per week

₴9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3155
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
₴42702
₴21194
₴27230
-₴7237
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
33 293
-
-
-
social contributions
2 730
-
389
-
income
7 344
-
-
-
total
10 074
-
389
-
Employer
33 293
-
-
-
social contributions
46 944
-
6 690
-
total
46 944
-
6 690
-
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
57 018
28 587
7 079
22 551
After tax
15 982
44 413
65 921
50 449
Living cost
23 219
23 219
23 219
23 219
Free-cash
-7 237
21 194
42 702
27 230

Estimated living cost  is ₴23219 per week

₴15066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2184
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.
₴5674
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
₴18628
₴25500
₴23654
₴24987
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.

-
-
-
25 368
income
-
-
-
7 956
surtax
-
-
-
-
total
-
-
-
33 324
Employee
23 492
-
58 990
-
surtax
-
-
-
-
social contributions
2 584
-
6 489
-
income
4 886
-
17 851
-
total
7 470
-
24 340
-
Employer
23 492
-
58 990
-
social contributions
5 579
-
14 010
-
total
5 579
-
14 010
-
Corporate
43 928
73 000
-
-
surtax
-
-
-
-
income
9 225
15 330
-
-
total
9 225
15 330
-
-
Dividends
34 703
57 670
-
-
withholding
9 717
16 148
-
-
total
9 717
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 991
31 478
38 350
33 324
After tax
41 009
41 522
34 650
39 676
Living cost
16 022
16 022
16 022
16 022
Free-cash
24 987
25 500
18 628
23 654

Estimated living cost  is ₴16022 per week

₴11988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴945
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.
₴2822
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
₴17348
₴12121
₴16743
₴15633
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
other
-
-
-
2 263
social contributions
-
-
-
2 080
health
-
-
-
2 557
income
-
-
-
10 052
pensions
-
-
-
14 635
surtax
-
-
-
-
total
-
-
-
31 587
Employee
31 992
-
57 513
-
surtax
-
-
-
-
social contributions
911
-
1 638
-
income
2 791
-
10 280
-
pensions
3 618
-
3 577
-
total
7 320
-
15 495
-
Employer
31 992
-
57 513
-
other
1 104
-
2 064
-
unemployment
1 296
-
2 329
-
health
2 239
-
4 823
-
pensions
5 257
-
6 098
-
social contributions
96
-
173
-
total
9 992
-
15 487
-
Corporate
31 017
73 000
-
-
surtax
-
-
-
-
income
8 685
20 440
-
-
total
8 685
20 440
-
-
Dividends
22 332
52 560
-
-
social contributions
3 841
9 041
-
-
surtax
-
-
-
-
withholding
2 859
6 728
-
-
total
6 700
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 697
36 209
30 982
31 587
After tax
40 303
36 791
42 018
41 413
Living cost
24 670
24 670
24 670
24 670
Free-cash
15 633
12 121
17 348
16 743

Estimated living cost  is ₴24670 per week

₴16696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
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.
₴5617
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
₴40934
₴50346
₴38994
₴48631
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
-
-
-
2 592
social contributions
-
-
-
16 060
total
-
-
-
18 652
Employee
16 421
-
63 204
-
income
-
-
2 808
-
social contributions
1 067
-
4 108
-
total
1 067
-
6 916
-
Employer
16 421
-
63 204
-
social contributions
2 545
-
9 796
-
total
2 545
-
9 796
-
Corporate
54 033
73 000
-
-
income
5 403
7 300
-
-
total
5 403
7 300
-
-
Dividends
48 630
65 700
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
9 015
7 300
16 712
18 652
After tax
63 985
65 700
56 288
54 348
Living cost
15 354
15 354
15 354
15 354
Free-cash
48 631
50 346
40 934
38 994

Estimated living cost  is ₴15354 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴3980
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
-₴38115
-₴38115
₴19466
-₴38115
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
labour market
-
-
-
5 805
pensions
-
-
-
442
national
-
-
-
8 020
municipal
-
-
-
14 706
total
-
-
-
28 973
Employee
103 666
103 666
103 666
-
labour market
8 282
8 282
8 282
-
municipal
22 075
22 075
22 075
-
national
12 665
12 665
12 665
-
pensions
147
147
147
-
total
43 169
43 169
43 169
-
Employer
103 666
103 666
103 666
-
national
12 687
12 687
12 687
-
labour market
8 293
8 293
8 293
-
pensions
295
295
295
-
municipal
22 110
22 110
22 110
-
total
43 385
43 385
43 385
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
86 554
86 554
86 554
28 973
After tax
-13 554
-13 554
-13 554
44 027
Living cost
24 561
24 561
24 561
24 561
Free-cash
-38 115
-38 115
-38 115
19 466

Estimated living cost  is ₴24561 per week

₴16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴378
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.
₴5201
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
₴27868
-₴5249
₴38804
₴4200
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
other
-
-
-
191
health
-
-
-
1 123
accident
-
-
-
130
income
-
-
-
19 447
pensions
-
-
-
2 143
total
-
-
-
23 034
Employee
17 558
-
64 663
-
income
2 409
-
14 300
-
pensions
1 977
-
3 929
-
health
2 011
-
7 404
-
total
6 397
-
25 633
-
Employer
17 558
-
64 663
-
unemployment
430
-
1 584
-
accident
293
-
1 080
-
pensions
2 855
-
5 673
-
total
3 578
-
8 337
-
Corporate
51 864
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.

46 677
65 700
-
-
total
46 677
65 700
-
-
Dividends
5 186
7 300
-
-
withholding
986
1 387
-
-
total
986
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 638
67 087
33 970
23 034
After tax
15 362
5 913
39 030
49 966
Living cost
11 162
11 162
11 162
11 162
Free-cash
4 200
-5 249
27 868
38 804

Estimated living cost  is ₴11162 per week

₴8124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2191
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
₴19763
₴27188
₴29773
₴27957
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
-
-
-
911
national
-
-
-
9 730
municipal
-
-
-
12 976
total
-
-
-
23 617
Employee
26 874
-
61 412
-
municipal
4 402
-
10 010
-
national
444
-
6 229
-
pensions
1 814
-
4 146
-
health
201
-
733
-
unemployment
403
-
921
-
total
7 264
-
22 039
-
Employer
26 874
-
61 412
-
unemployment
174
-
399
-
health
206
-
473
-
accident
27
-
61
-
pensions
4 662
-
10 655
-
total
5 069
-
11 588
-
Corporate
41 056
73 000
-
-
income
8 211
14 600
-
-
total
8 211
14 600
-
-
Dividends

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

24 634
43 800
-
-
national
455
3 718
-
-
municipal
4 434
7 884
-
-
total
4 889
11 602
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 433
26 202
33 627
23 617
After tax
47 567
46 798
39 373
49 383
Living cost
19 610
19 610
19 610
19 610
Free-cash
27 957
27 188
19 763
29 773

Estimated living cost  is ₴19610 per week

₴12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1886
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.
₴4603
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
₴38230
₴41483
₴38920
₴38704
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
-
-
-
8 264
health
-
-
-
1 861
income
-
-
-
12 129
total
-
-
-
22 254
Employee
39 277
39 277
67 357
-
social contributions
1 485
3 260
4 397
-
income
4 277
3 636
11 758
-
health
304
668
1 145
-
total
6 066
7 564
17 300
-
Employer
39 277
39 277
67 357
-
health
331
727
1 247
-
social contributions
1 485
3 260
4 397
-
total
1 816
3 987
5 644
-
Corporate
53 292
29 736
-
-
income
6 661
3 717
-
-
total
6 661
3 717
-
-
Dividends
46 631
26 019
-
-
withholding
7 927
4 423
-
-
total
7 927
4 423
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 470
19 691
22 944
22 254
After tax
50 530
53 309
50 056
50 746
Living cost
11 826
11 826
11 826
11 826
Free-cash
38 704
41 483
38 230
38 920

Estimated living cost  is ₴11826 per week

₴7088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3317
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
₴42246
₴52341
₴52491
₴49744
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
-
-
-
1 848
income
-
-
-
7 287
pensions
-
-
-
3 249
unemployment
-
-
-
15
total
-
-
-
12 399
Employee

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

11 724
-
68 008
-
income
802
-
6 020
-
pensions
1 758
-
7 270
-
health
996
-
4 120
-
unemployment
58
-
242
-
total
3 614
-
17 652
-
Employer

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

11 724
-
68 008
-
unemployment
58
-
242
-
health
504
-
2 084
-
pensions
645
-
2 666
-
total
1 207
-
4 992
-
Corporate
60 069
73 000
-
-
income
5 406
6 570
-
-
total
5 406
6 570
-
-
Dividends
54 663
66 430
-
-
withholding
4 919
5 979
-
-
total
4 919
5 979
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 146
12 549
22 644
12 399
After tax
57 854
60 451
50 356
60 601
Living cost
8 110
8 110
8 110
8 110
Free-cash
49 744
52 341
42 246
52 491

Estimated living cost  is ₴8110 per week

₴5174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2109
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
₴24708
₴34818
₴27112
₴32411
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
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
17 639
pensions
-
-
-
13 398
unemployment
-
-
-
332
total
-
-
-
31 842
Employee
18 887
-
57 907
-
income
3 641
-
16 146
-
other
18
-
47
-
pensions
888
-
2 226
-
unemployment
293
-
734
-
total
4 840
-
19 153
-
Employer
18 887
-
57 907
-
other
151
-
379
-
unemployment
1 039
-
2 604
-
accident
374
-
937
-
pensions
4 457
-
11 173
-
total
6 021
-
15 093
-
Corporate
48 092
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.

7 214
10 950
-
-
total
7 214
10 950
-
-
Dividends
40 878
62 050
-
-
withholding
8 468
13 186
-
-
total
8 468
13 186
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 543
24 136
34 246
31 842
After tax
46 457
48 864
38 754
41 158
Living cost
14 046
14 046
14 046
14 046
Free-cash
32 411
34 818
24 708
27 112

Estimated living cost  is ₴14046 per week

₴9481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1350
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.
₴2969
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
₴45895
₴44614
₴45961
₴44458
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
-
-
-
496
income
-
-
-
24 920
pensions
-
-
-
685
total
-
-
-
26 101
Employee
1 429
-
72 230
-
income
277
-
24 884
-
pensions
129
-
308
-
health
71
-
171
-
unemployment
14
-
34
-
total
491
-
25 397
-
Employer
1 429
-
72 230
-
unemployment
29
-
68
-
health
136
-
325
-
pensions
157
-
377
-
total
322
-
770
-
Corporate
71 249
73 000
-
-
income
15 675
16 060
-
-
total
15 675
16 060
-
-
Dividends
55 574
56 940
-
-
withholding
11 115
11 388
-
-
total
11 115
11 388
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 603
27 448
26 167
26 101
After tax
45 397
45 552
46 833
46 899
Living cost
938
938
938
938
Free-cash
44 458
44 614
45 895
45 961

Estimated living cost  is ₴938 per week

₴558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴76
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴21
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.
₴283
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
₴33814
₴43923
₴33815
₴41414
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
-
-
-
3 882
income
-
-
-
16 120
pensions
-
-
-
9 799
unemployment
-
-
-
565
total
-
-
-
30 366
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.

13 299
-
66 254
-
income
1 833
-
16 120
-
pensions
1 862
-
5 276
-
health
685
-
1 941
-
unemployment
100
-
283
-
total
4 480
-
23 620
-
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.

13 299
-
66 254
-
unemployment
100
-
283
-
health
685
-
1 941
-
pensions
1 596
-
4 523
-
total
2 381
-
6 747
-
Corporate
57 320
73 000
-
-
income
8 598
10 950
-
-
total
8 598
10 950
-
-
Dividends
48 722
62 050
-
-
withholding
7 308
9 308
-
-
total
7 308
9 308
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 767
20 258
30 367
30 366
After tax
50 233
52 742
42 633
42 634
Living cost
8 819
8 819
8 819
8 819
Free-cash
41 414
43 923
33 814
33 815

Estimated living cost  is ₴8819 per week

₴5938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴682
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.
₴1944
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
₴20880
₴27752
₴25906
₴27568
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.

-
-
-
25 368
income
-
-
-
7 956
surtax
-
-
-
-
total
-
-
-
33 324
Employee
19 825
-
58 990
-
surtax
-
-
-
-
social contributions
2 181
-
6 489
-
income
3 874
-
17 851
-
total
6 055
-
24 340
-
Employer
19 825
-
58 990
-
social contributions
4 708
-
14 010
-
total
4 708
-
14 010
-
Corporate
48 467
73 000
-
-
surtax
-
-
-
-
income
10 178
15 330
-
-
total
10 178
15 330
-
-
Dividends
38 289
57 670
-
-
withholding
10 721
16 148
-
-
total
10 721
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 662
31 478
38 350
33 324
After tax
41 338
41 522
34 650
39 676
Living cost
13 770
13 770
13 770
13 770
Free-cash
27 568
27 752
20 880
25 906

Estimated living cost  is ₴13770 per week

₴9753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴2817
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
₴20803
₴30913
₴23207
₴27289
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
other
-
-
-
47
accident
-
-
-
426
income
-
-
-
17 639
pensions
-
-
-
13 398
unemployment
-
-
-
332
total
-
-
-
31 842
Employee
24 669
-
57 907
-
income
5 152
-
16 146
-
other
24
-
47
-
pensions
1 159
-
2 226
-
unemployment
382
-
734
-
total
6 717
-
19 153
-
Employer
24 669
-
57 907
-
other
198
-
379
-
unemployment
1 357
-
2 604
-
accident
489
-
937
-
pensions
5 822
-
11 173
-
total
7 866
-
15 093
-
Corporate
40 466
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.

6 070
10 950
-
-
total
6 070
10 950
-
-
Dividends
34 396
62 050
-
-
withholding
7 107
13 186
-
-
total
7 107
13 186
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 760
24 136
34 246
31 842
After tax
45 240
48 864
38 754
41 158
Living cost
17 951
17 951
17 951
17 951
Free-cash
27 289
30 913
20 803
23 207

Estimated living cost  is ₴17951 per week

₴12892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3411
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
₴51371
₴53745
₴48679
₴50674
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
-
-
-
2 025
income
-
-
-
10 950
pensions

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

-
-
-
2 606
unemployment
-
-
-
70
total
-
-
-
15 651
Employee
11 481
-
69 546
-
income
1 148
-
6 954
-
accident

We are using the highest rate at 1.1%.

126
-
194
-
pensions

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

1 008
-
1 546
-
health
528
-
810
-
total
2 810
-
9 504
-
Employer
11 481
-
69 546
-
unemployment
69
-
106
-
health
792
-
1 215
-
accident

We are using the highest rate at 1.1%.

126
-
194
-
pensions

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

1 265
-
1 940
-
total
2 252
-
3 455
-
Corporate
59 267
73 000
-
-
income
5 927
7 300
-
-
total
5 927
7 300
-
-
Dividends
53 341
65 700
-
-
withholding
2 667
3 285
-
-
total
2 667
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 656
10 585
12 959
15 651
After tax
59 344
62 415
60 041
57 349
Living cost
8 670
8 670
8 670
8 670
Free-cash
50 674
53 745
51 371
48 679

Estimated living cost  is ₴8670 per week

₴5734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
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.
₴2233
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
₴27969
₴17879
₴20902
₴24559
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.

-
-
-
3 490
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.

-
-
-
20 683
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.

-
-
-
1 138
trade
-
-
-
7 067
total
-
-
-
32 378
Employee

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

25 415
-
73 000
-
surtax

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

115
-
1 138
-
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.

2 090
-
20 683
-
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.

3 490
-
3 490
-
total
5 695
-
25 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 585
73 000
-
-
chamber of commerce
147
184
-
-
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.

393
602
-
-
trade
6 829
10 475
-
-
income
7 138
10 950
-
-
total
14 507
22 211
-
-
Dividends
33 078
50 788
-
-
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.

444
687
-
-
withholding
8 075
12 503
-
-
total
8 519
13 190
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 721
35 401
25 311
32 378
After tax
44 279
37 599
47 689
40 622
Living cost
19 720
19 720
19 720
19 720
Free-cash
24 559
17 879
27 969
20 902

Estimated living cost  is ₴19720 per week

₴13603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2122
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.
₴3709
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
₴11360
₴22003
₴11360
₴23132
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
-
-
-
20 757
social contributions
-
-
-
11 786
total
-
-
-
32 543
Employee
39 955
-
73 000
-
income
7 539
-
20 757
-
social contributions
3 319
-
11 786
-
total
10 858
-
32 543
-
Employer
39 955
-
73 000
-
total
-
-
-
-
Corporate
33 045
73 000
-
-
income
4 130
9 125
-
-
total
4 130
9 125
-
-
Dividends
28 915
63 875
-
-
withholding
5 783
12 775
-
-
total
5 783
12 775
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 771
21 900
32 543
32 543
After tax
52 229
51 100
40 457
40 457
Living cost
29 097
29 097
29 097
29 097
Free-cash
23 132
22 003
11 360
11 360

Estimated living cost  is ₴29097 per week

₴22136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2371
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.
₴4312
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
₴34397
₴26209
₴36774
₴27993
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
-
-
-
14 540
health

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

-
-
-
3 144
total
-
-
-
17 684
Employee
23 432
-
70 650
-
income
2 543
-
15 361
-
social contributions
2 348
-
2 350
-
total
4 891
-
17 711
-
Employer
23 432
-
70 650
-
social contributions
2 348
-
2 350
-
total
2 348
-
2 350
-
Corporate
47 220
73 000
-
-
income
16 527
25 550
-
-
total
16 527
25 550
-
-
Dividends
30 694
47 450
-
-
social contributions
2 699
2 699
-
-
total
2 699
2 699
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 465
28 249
20 061
17 684
After tax
46 535
44 751
52 939
55 316
Living cost
18 542
18 542
18 542
18 542
Free-cash
27 993
26 209
34 397
36 774

Estimated living cost  is ₴18542 per week

₴12213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1462
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.
₴4582
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
₴24162
₴30755
₴30859
₴33105
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
-
-
-
19 176
pensions
-
-
-
4 222
total
-
-
-
23 398
Employee
25 727
-
63 916
-
income
4 685
-
14 713
-
health
336
-
988
-
pensions
1 964
-
5 310
-
total
6 985
-
21 011
-
Employer
25 727
-
63 916
-
health
489
-
1 215
-
pensions
2 599
-
7 869
-
total
3 088
-
9 084
-
Corporate
44 184
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.

8 395
13 870
-
-
total
8 395
13 870
-
-
Dividends
35 790
59 130
-
-
withholding
2 684
9 632
-
-
total
2 684
9 632
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 152
23 502
30 095
23 398
After tax
51 848
49 498
42 905
49 602
Living cost
18 743
18 743
18 743
18 743
Free-cash
33 105
30 755
24 162
30 859

Estimated living cost  is ₴18743 per week

₴12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3926
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
₴26763
-₴6354
₴37699
₴4032
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
other
-
-
-
191
health
-
-
-
1 123
accident
-
-
-
130
income
-
-
-
19 447
pensions
-
-
-
2 143
total
-
-
-
23 034
Employee
19 296
-
64 663
-
income
2 647
-
14 300
-
pensions
2 173
-
3 929
-
health
2 209
-
7 404
-
total
7 029
-
25 633
-
Employer
19 296
-
64 663
-
unemployment
473
-
1 584
-
accident
322
-
1 080
-
pensions
3 137
-
5 673
-
total
3 932
-
8 337
-
Corporate
49 772
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.

44 794
65 700
-
-
total
44 794
65 700
-
-
Dividends
4 977
7 300
-
-
withholding
946
1 387
-
-
total
946
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
56 701
67 087
33 970
23 034
After tax
16 299
5 913
39 030
49 966
Living cost
12 267
12 267
12 267
12 267
Free-cash
4 032
-6 354
26 763
37 699

Estimated living cost  is ₴12267 per week

₴9002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2302
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
₴43107
₴54537
₴34252
₴52150
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
-
-
-
11 781
health insurance
-
-
-
5 402
work injury
-
-
-
365
pensions
-
-
-
13 432
unemployment
-
-
-
876
total
-
-
-
31 856
Employee

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

11 027
-
73 000
-
income
1 103
-
11 781
-
work injury
55
-
204
-
health insurance
816
-
3 019
-
pensions
2 029
-
7 507
-
unemployment
132
-
490
-
total
4 135
-
23 001
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 973
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%.

620
730
-
-
total
620
730
-
-
Dividends
61 354
72 270
-
-
withholding
9 203
10 841
-
-
total
9 203
10 841
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 958
11 571
23 001
31 856
After tax
59 042
61 429
49 999
41 144
Living cost
6 892
6 892
6 892
6 892
Free-cash
52 150
54 537
43 107
34 252

Estimated living cost  is ₴6892 per week

₴4269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1906
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
₴11351
₴18102
₴14668
₴15778
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
-
-
-
18 776
national
-
-
-
17 066
regional
-
-
-
1 653
municipal
-
-
-
488
total
-
-
-
37 983
Employee
43 042
-
73 000
-
social contributions
14 514
-
24 616
-
municipal
257
-
435
-
national
7 274
-
14 819
-
regional
650
-
1 430
-
total
22 695
-
41 300
-
Employer
43 042
-
73 000
-
total
-
-
-
-
Corporate
29 958
73 000
-
-
nationa
7 190
17 520
-
-
municipal
1 444
3 519
-
-
total
8 634
21 039
-
-
Dividends
21 323
51 961
-
-
withholding
5 544
13 510
-
-
total
5 544
13 510
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 873
34 549
41 300
37 983
After tax
36 127
38 451
31 700
35 017
Living cost
20 349
20 349
20 349
20 349
Free-cash
15 778
18 102
11 351
14 668

Estimated living cost  is ₴20349 per week

₴14294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4347
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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