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
₴21902
₴32510
₴24624
₴27360
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
income

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

-
-
-
21 026
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.

-
-
-
1 157
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.

-
-
-
3 369
trade
-
-
-
7 886
total
-
-
-
33 438
Employee

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

18 864
-
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.

29
-
1 157
-
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.

527
-
21 026
-
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.

3 369
-
3 369
-
total
3 925
-
25 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 136
73 000
-
-
income
8 120
10 950
-
-
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.

446
603
-
-
chamber of commerce
153
180
-
-
trade
8 526
11 498
-
-
total
17 245
23 231
-
-
Dividends
36 891
49 769
-
-
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.

497
674
-
-
withholding
9 035
12 255
-
-
total
9 532
12 929
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 702
36 160
25 552
33 438
After tax
42 298
36 840
47 448
39 562
Living cost
14 938
14 938
14 938
14 938
Free-cash
27 360
21 902
32 510
24 624

Estimated living cost  is ₴14938 per week

₴9397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3521
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
₴19433
₴17841
₴17268
₴18998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
social contributions
-
-
-
785
municipal
-
-
-
7 871
national
-
-
-
12 197
pensions
-
-
-
8 760
total
-
-
-
29 613
Employee
40 489
-
63 108
-
municipal
5 001
-
8 154
-
pensions
1 620
-
2 524
-
national
7 750
-
12 635
-
total
14 371
-
23 313
-
Employer
40 489
-
63 108
-
pensions
3 239
-
5 049
-
social contributions
435
-
678
-
total
3 674
-
5 727
-
Corporate
26 165
73 000
-
-
income

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

5 233
14 600
-
-
total
5 233
14 600
-
-
Dividends
20 932
58 400
-
-
withholding
4 605
12 848
-
-
total
4 605
12 848
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 883
27 448
29 040
29 613
After tax
45 117
45 552
43 960
43 387
Living cost
26 119
26 119
26 119
26 119
Free-cash
18 998
19 433
17 841
17 268

Estimated living cost  is ₴26119 per week

₴17753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴391
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.
₴5547
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
₴48140
₴34303
₴13347
₴44096
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
income
-
-
-
11 882
surtax
-
-
-
18 615
social contributions

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

-
-
-
18 896
microenterprise
-
-
-
-
total
-
-
-
49 393
Employee
14 411
-
52 193
-
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.

1 585
-
5 741
-
income
2 565
-
10 123
-
total
4 150
-
15 864
-
Employer
14 411
-
52 193
-
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.

3 471
-
12 573
-
surtax
-
-
-
-
total
3 471
-
12 573
-
Corporate
55 117
73 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

11 023
14 600
-
-
total
11 023
14 600
-
-
Dividends

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

44 094
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
18 644
14 600
28 437
49 393
After tax
54 356
58 400
44 563
23 607
Living cost
10 260
10 260
10 260
10 260
Free-cash
44 096
48 140
34 303
13 347

Estimated living cost  is ₴10260 per week

₴6546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2505
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
₴15274
₴23441
₴20607
₴12253
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
-
-
-
19 872
health
-
-
-
6 082
pensions
-
-
-
5 778
total
-
-
-
31 732
Employee
42 117
42 117
63 834
-
pensions
7 581
5 778
5 778
-
income

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

6 894
6 894
7 872
-
health
6 464
5 499
6 082
-
total
20 939
18 171
19 732
-
Employer
42 117
42 117
63 834
-
health
2 928
2 928
3 638
-
pensions
2 931
2 931
3 644
-
unemployment
1 516
1 516
1 884
-
total
7 375
7 375
9 166
-
Corporate
24 025
23 508
-
-
income
4 805
4 702
-
-
total
4 805
4 702
-
-
Dividends
19 220
18 806
-
-
income
4 084
3 996
-
-
withholding
2 883
2 821
-
-
total
6 967
6 817
-
-
Income
73 000
73 000
73 000
73 000
Total tax
40 086
37 065
28 898
31 732
After tax
32 914
35 935
44 102
41 268
Living cost
20 661
20 661
20 661
20 661
Free-cash
12 253
15 274
23 441
20 607

Estimated living cost  is ₴20661 per week

₴14642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴19725
₴17844
₴18333
₴19273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
88
other
-
-
-
5 127
unemployment
-
-
-
44
health
-
-
-
2 753
municipal
-
-
-
17 957
national
-
-
-
3 795
pensions
-
-
-
4 770
total
-
-
-
34 534
Employee
28 688
-
59 136
-
municipal
8 555
-
17 634
-
national
-
-
3 525
-
total
8 555
-
21 159
-
Employer
28 688
-
59 136
-
health
1 764
-
2 714
-
pensions
3 101
-
4 770
-
accident
57
-
88
-
unemployment
757
-
1 165
-
other
3 334
-
5 127
-
total
9 013
-
13 864
-
Corporate
35 298
73 000
-
-
income
7 766
16 060
-
-
total
7 766
16 060
-
-
Dividends
27 532
56 940
-
-
withholding
8 260
17 082
-
-
total
8 260
17 082
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 594
33 142
35 023
34 534
After tax
39 406
39 858
37 977
38 466
Living cost
20 133
20 133
20 133
20 133
Free-cash
19 273
19 725
17 844
18 333

Estimated living cost  is ₴20133 per week

₴13344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4508
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
₴17089
₴28073
₴19837
₴24021
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
income

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

-
-
-
21 026
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.

-
-
-
1 157
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.

-
-
-
3 369
trade
-
-
-
8 236
total
-
-
-
33 788
Employee

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

25 011
-
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.

118
-
1 157
-
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.

2 149
-
21 026
-
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.

3 369
-
3 369
-
total
5 636
-
25 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 989
73 000
-
-
income
7 198
10 950
-
-
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.

396
603
-
-
chamber of commerce
143
179
-
-
trade
7 895
12 009
-
-
total
15 632
23 741
-
-
Dividends
32 357
49 259
-
-
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.

434
667
-
-
withholding
7 902
12 128
-
-
total
8 336
12 795
-
-
Income
73 000
73 000
73 000
73 000
Total tax
29 604
36 536
25 552
33 788
After tax
43 396
36 464
47 448
39 212
Living cost
19 375
19 375
19 375
19 375
Free-cash
24 021
17 089
28 073
19 837

Estimated living cost  is ₴19375 per week

₴12958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2043
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.
₴4084
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
₴37300
₴33914
₴34592
₴35256
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
-
-
-
12 569
social contributions
-
-
-
7 980
health
-
-
-
1 862
total
-
-
-
22 411
Employee
37 924
37 924
67 506
-
social contributions
1 843
3 148
4 245
-
income
3 982
3 511
12 203
-
health
377
645
1 147
-
total
6 202
7 304
17 595
-
Employer
37 924
37 924
67 506
-
health
411
702
1 249
-
social contributions
1 843
3 148
4 245
-
total
2 254
3 850
5 494
-
Corporate
48 547
31 226
-
-
income
6 069
3 904
-
-
total
6 069
3 904
-
-
Dividends
42 479
27 323
-
-
withholding
7 222
4 645
-
-
total
7 222
4 645
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 747
19 703
23 089
22 411
After tax
51 253
53 297
49 911
50 589
Living cost
15 997
15 997
15 997
15 997
Free-cash
35 256
37 300
33 914
34 592

Estimated living cost  is ₴15997 per week

₴10935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1249
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.
₴3543
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
₴31973
₴33254
₴41506
₴32162
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
-
-
-
8 924
unemployment
-
-
-
1 095
health
-
-
-
5 110
pensions
-
-
-
7 300
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.

13 085
5 208
61 088
-
unemployment
196
78
916
-
pensions
1 308
521
6 109
-
income
1 600
637
7 468
-
health
916
365
4 276
-
total
4 020
1 601
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.

13 085
5 208
61 088
-
pensions
2 552
1 015
11 912
-
total
2 552
1 015
11 912
-
Corporate
57 363
66 777
-
-
income
5 163
6 010
-
-
total
5 163
6 010
-
-
Dividends
52 201
60 767
-
-
social contributions
10 120
11 790
-
-
withholding
9 918
11 546
-
-
total
20 038
23 336
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 773
31 962
30 681
22 429
After tax
41 227
41 038
42 319
50 571
Living cost
9 065
9 065
9 065
9 065
Free-cash
32 162
31 973
33 254
41 506

Estimated living cost  is ₴9065 per week

₴6186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴46488
₴30165
₴27216
₴43424
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
-
-
-
9 782
health
-
-
-
9 490
pensions
-
-
-
14 600
total
-
-
-
33 872
Employee
13 991
-
54 559
-
unemployment
224
-
873
-
pensions
280
-
1 091
-
income
1 575
-
10 519
-
total
2 079
-
12 483
-
Employer
13 991
-
54 559
-
health
1 819
-
7 092
-
pensions
2 798
-
10 912
-
unemployment
112
-
436
-
total
4 729
-
18 440
-
Corporate
54 280
73 000
-
-
income
10 856
14 600
-
-
total
10 856
14 600
-
-
Dividends
43 424
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
17 664
14 600
30 923
33 872
After tax
55 336
58 400
42 077
39 128
Living cost
11 912
11 912
11 912
11 912
Free-cash
43 424
46 488
30 165
27 216

Estimated living cost  is ₴11912 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2793
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
-₴5055
₴28163
₴38989
₴4230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
126
income
-
-
-
19 571
other
-
-
-
185
health
-
-
-
1 087
pensions
-
-
-
2 074
total
-
-
-
23 043
Employee
17 253
-
64 836
-
pensions
1 943
-
3 804
-
income
2 367
-
14 477
-
health
1 976
-
7 424
-
total
6 286
-
25 705
-
Employer
17 253
-
64 836
-
pensions
2 806
-
5 493
-
accident
288
-
1 083
-
unemployment
423
-
1 588
-
total
3 517
-
8 164
-
Corporate
52 230
73 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

47 007
65 700
-
-
total
47 007
65 700
-
-
Dividends
5 223
7 300
-
-
withholding
992
1 387
-
-
total
992
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 802
67 087
33 869
23 043
After tax
15 198
5 913
39 131
49 957
Living cost
10 968
10 968
10 968
10 968
Free-cash
4 230
-5 055
28 163
38 989

Estimated living cost  is ₴10968 per week

₴8039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2093
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
₴65348
₴54398
₴68268
₴64598
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
5 002
-
73 000
-
income
1 000
-
14 600
-
total
1 000
-
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%.

67 998
73 000
-
-
total
-
-
-
-
Dividends
67 998
73 000
-
-
withholding
3 400
3 650
-
-
total
3 400
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 400
3 650
14 600
730
After tax
68 600
69 350
58 400
72 270
Living cost
4 002
4 002
4 002
4 002
Free-cash
64 598
65 348
54 398
68 268

Estimated living cost  is ₴4002 per week

₴2480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1079
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
₴40491
₴28565
₴25544
₴37159
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
-
-
-
10 113
other
-
-
-
3 468
health
-
-
-
3 212
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.

-
-
-
17 521
total
-
-
-
34 314
Employee
17 907
-
58 307
-
unemployment
179
-
583
-
pensions

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

1 253
-
4 082
-
income
3 083
-
11 120
-
health
251
-
816
-
total
4 766
-
16 601
-
Employer
17 907
-
58 307
-
health
251
-
816
-
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.

3 045
-
9 912
-
accident
143
-
466
-
unemployment
179
-
583
-
other
896
-
2 915
-
total
4 514
-
14 692
-
Corporate
50 580
73 000
-
-
income
10 622
15 330
-
-
total
10 622
15 330
-
-
Dividends
39 958
57 670
-
-
withholding
2 797
4 037
-
-
total
2 797
4 037
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 699
19 367
31 293
34 314
After tax
50 301
53 633
41 707
38 686
Living cost
13 142
13 142
13 142
13 142
Free-cash
37 159
40 491
28 565
25 544

Estimated living cost  is ₴13142 per week

₴9285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2757
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
₴16518
₴10034
₴16714
₴15308
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
-
-
-
19 477
pensions
-
-
-
4 134
total
-
-
-
23 611
Employee
46 231
-
63 891
-
pensions
4 460
-
5 181
-
income
8 334
-
15 023
-
health
762
-
977
-
total
13 556
-
21 181
-
Employer
46 231
-
63 891
-
health
878
-
1 214
-
pensions
5 459
-
7 896
-
total
6 337
-
9 110
-
Corporate
20 433
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.

3 882
13 870
-
-
total
3 882
13 870
-
-
Dividends
16 551
59 130
-
-
withholding
1 242
9 937
-
-
total
1 242
9 937
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 017
23 807
30 291
23 611
After tax
47 983
49 193
42 709
49 389
Living cost
32 675
32 675
32 675
32 675
Free-cash
15 308
16 518
10 034
16 714

Estimated living cost  is ₴32675 per week

₴24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3839
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.
₴4087
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
₴55950
₴53702
₴50986
₴53660
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
-
-
-
10 950
unemployment
-
-
-
69
health
-
-
-
1 981
pensions

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

-
-
-
2 549
total
-
-
-
15 549
Employee
8 561
-
69 621
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

752
-
1 512
-
income
856
-
6 962
-
health
394
-
792
-
total
2 096
-
9 455
-
Employer
8 561
-
69 621
-
health
591
-
1 188
-
pensions

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

943
-
1 898
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
unemployment
51
-
103
-
total
1 679
-
3 378
-
Corporate
62 760
73 000
-
-
income
6 276
7 300
-
-
total
6 276
7 300
-
-
Dividends
56 483
65 700
-
-
withholding
2 824
3 285
-
-
total
2 824
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
12 875
10 585
12 833
15 549
After tax
60 125
62 415
60 167
57 451
Living cost
6 465
6 465
6 465
6 465
Free-cash
53 660
55 950
53 702
50 986

Estimated living cost  is ₴6465 per week

₴3774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2058
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
₴8587
₴16754
₴13920
₴9828
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
-
-
-
19 872
health
-
-
-
6 082
pensions
-
-
-
5 778
total
-
-
-
31 732
Employee
45 725
42 117
63 834
-
pensions
5 778
5 778
5 778
-
income

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

6 894
6 894
7 872
-
health
5 704
5 499
6 082
-
total
18 376
18 171
19 732
-
Employer
45 725
42 117
63 834
-
health
3 177
2 928
3 638
-
pensions
3 182
2 931
3 644
-
unemployment
1 646
1 516
1 884
-
total
8 005
7 375
9 166
-
Corporate
19 269
23 508
-
-
income
3 854
4 702
-
-
total
3 854
4 702
-
-
Dividends
15 415
18 806
-
-
income
3 276
3 996
-
-
withholding
2 313
2 821
-
-
total
5 589
6 817
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 824
37 065
28 898
31 732
After tax
37 176
35 935
44 102
41 268
Living cost
27 348
27 348
27 348
27 348
Free-cash
9 828
8 587
16 754
13 920

Estimated living cost  is ₴27348 per week

₴20174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4419
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
₴37996
₴24782
₴26409
₴33622
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
-
-
-
6 825
social contributions
-
-
-
17 647
solidarity contribution
-
-
-
-
health
-
-
-
9 855
total
-
-
-
34 327
Employee
18 035
-
54 478
-
solidarity contribution
-
-
-
-
social contributions
1 172
-
3 541
-
income
2 164
-
6 537
-
health
2 435
-
7 354
-
total
5 771
-
17 432
-
Employer
18 035
-
54 478
-
health
1 623
-
4 903
-
social contributions
4 509
-
13 619
-
total
6 132
-
18 522
-
Corporate
48 834
73 000
-
-
income
9 278
13 870
-
-
total
9 278
13 870
-
-
Dividends
39 555
59 130
-
-
withholding
5 933
8 870
-
-
total
5 933
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 114
22 740
35 954
34 327
After tax
45 886
50 260
37 046
38 673
Living cost
12 264
12 264
12 264
12 264
Free-cash
33 622
37 996
24 782
26 409

Estimated living cost  is ₴12264 per week

₴8518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
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.
₴2632
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
₴18137
₴11497
₴14890
₴15562
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
regional
-
-
-
847
municipal
-
-
-
433
national
-
-
-
17 243
total
-
-
-
37 299
Employee
43 832
-
73 000
-
municipal
232
-
387
-
national
7 595
-
14 942
-
regional
414
-
747
-
social contributions
14 780
-
24 616
-
total
23 021
-
40 692
-
Employer
43 832
-
73 000
-
total
-
-
-
-
Corporate
29 168
73 000
-
-
municipal
1 137
2 847
-
-
nationa
7 001
17 520
-
-
total
8 138
20 367
-
-
Dividends
21 030
52 633
-
-
withholding
5 468
13 685
-
-
total
5 468
13 685
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 627
34 052
40 692
37 299
After tax
36 373
38 948
32 308
35 701
Living cost
20 811
20 811
20 811
20 811
Free-cash
15 562
18 137
11 497
14 890

Estimated living cost  is ₴20811 per week

₴14507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4620
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
₴35034
₴21618
₴23759
₴33500
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
-
-
-
17 846
other
-
-
-
-
surtax
-
-
-
2 562
unemployment
-
-
-
112
health
-
-
-
4 673
pensions
-
-
-
13 165
total
-
-
-
38 358
Employee
16 310
-
60 305
-
other
-
-
-
-
unemployment
1 135
-
4 198
-
pensions
1 088
-
4 023
-
surtax
53
-
2 225
-
income
2 734
-
15 820
-
health
416
-
1 538
-
total
5 426
-
27 804
-
Employer
16 310
-
60 305
-
health
742
-
2 744
-
pensions
2 174
-
8 039
-
unemployment
517
-
1 912
-
other
-
-
-
-
total
3 433
-
12 695
-
Corporate
53 257
73 000
-
-
income
13 847
18 980
-
-
total
13 847
18 980
-
-
Dividends
39 410
54 020
-
-
withholding
5 911
8 103
-
-
total
5 911
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 617
27 083
40 499
38 358
After tax
44 383
45 917
32 501
34 642
Living cost
10 883
10 883
10 883
10 883
Free-cash
33 500
35 034
21 618
23 759

Estimated living cost  is ₴10883 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴2973
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
₴26870
₴20386
₴27066
₴28527
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
-
-
-
19 477
pensions
-
-
-
4 134
total
-
-
-
23 611
Employee
30 983
-
63 891
-
pensions
2 630
-
5 181
-
income
5 580
-
15 023
-
health
450
-
977
-
total
8 660
-
21 181
-
Employer
30 983
-
63 891
-
health
589
-
1 214
-
pensions
3 354
-
7 896
-
total
3 943
-
9 110
-
Corporate
38 075
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.

7 234
13 870
-
-
total
7 234
13 870
-
-
Dividends
30 841
59 130
-
-
withholding
2 313
9 937
-
-
total
2 313
9 937
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 150
23 807
30 291
23 611
After tax
50 850
49 193
42 709
49 389
Living cost
22 323
22 323
22 323
22 323
Free-cash
28 527
26 870
20 386
27 066

Estimated living cost  is ₴22323 per week

₴16724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3692
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
-₴5625
₴17281
₴20829
₴11064
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
regional
-
-
-
3 195
health
-
-
-
164
city
-
-
-
769
national
-
-
-
861
pensions
-
-
-
6 716
total
-
-
-
13 165
Employee
45 646
-
65 339
-
unemployment
-
-
-
-
pensions
3 835
-
5 489
-
national
216
-
692
-
regional
1 495
-
2 741
-
city
490
-
702
-
health
103
-
147
-
total
6 139
-
9 771
-
Employer
45 646
-
65 339
-
health
103
-
147
-
pensions
3 835
-
5 489
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

913
-
1 306
-
total
4 851
-
6 942
-
Corporate
22 001
73 000
-
-
regional
4 653
15 440
-
-
national
1 870
6 205
-
-
total
6 523
21 645
-
-
Dividends
15 477
51 355
-
-
withholding
5 417
17 974
-
-
total
5 417
17 974
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 930
39 619
16 713
13 165
After tax
50 070
33 381
56 287
59 835
Living cost
39 006
39 006
39 006
39 006
Free-cash
11 064
-5 625
17 281
20 829

Estimated living cost  is ₴39006 per week

₴25365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9661
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
₴13497
₴24855
₴16268
₴21495
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
income

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

-
-
-
21 026
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.

-
-
-
1 157
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.

-
-
-
3 369
trade
-
-
-
8 587
total
-
-
-
34 139
Employee

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

29 640
-
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.

192
-
1 157
-
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.

3 485
-
21 026
-
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.

3 369
-
3 369
-
total
7 046
-
25 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 360
73 000
-
-
income
6 504
10 950
-
-
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.

358
603
-
-
chamber of commerce
136
178
-
-
trade
7 436
12 520
-
-
total
14 434
24 251
-
-
Dividends
28 927
48 749
-
-
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.

387
660
-
-
withholding
7 045
11 999
-
-
total
7 432
12 659
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 912
36 910
25 552
34 139
After tax
44 088
36 090
47 448
38 861
Living cost
22 593
22 593
22 593
22 593
Free-cash
21 495
13 497
24 855
16 268

Estimated living cost  is ₴22593 per week

₴16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1807
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.
₴3992
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
₴19918
₴24795
₴24488
₴22830
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
-
-
-
10 302
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 653
pensions
-
-
-
14 340
total
-
-
-
31 638
Employee
21 108
-
57 341
-
pensions
2 387
-
3 637
-
surtax
-
-
-
-
social contributions
602
-
1 634
-
income
1 246
-
10 401
-
total
4 235
-
15 672
-
Employer
21 108
-
57 341
-
health
1 478
-
4 892
-
pensions
3 468
-
6 186
-
unemployment
854
-
2 322
-
social contributions
64
-
172
-
other
728
-
2 087
-
total
6 592
-
15 659
-
Corporate
45 300
73 000
-
-
income
12 684
20 440
-
-
surtax
-
-
-
-
total
12 684
20 440
-
-
Dividends
32 617
52 560
-
-
surtax
-
-
-
-
social contributions
5 610
9 041
-
-
withholding
4 175
6 727
-
-
total
9 785
15 768
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 296
36 208
31 331
31 638
After tax
39 704
36 792
41 669
41 362
Living cost
16 874
16 874
16 874
16 874
Free-cash
22 830
19 918
24 795
24 488

Estimated living cost  is ₴16874 per week

₴10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Nice model

Close
Marseille , France
₴21590
₴26467
₴26160
₴24330
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
-
-
-
10 302
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 653
pensions
-
-
-
14 340
total
-
-
-
31 638
Employee
18 842
-
57 341
-
pensions
2 131
-
3 637
-
surtax
-
-
-
-
social contributions
537
-
1 634
-
income
971
-
10 401
-
total
3 639
-
15 672
-
Employer
18 842
-
57 341
-
health
1 319
-
4 892
-
pensions
3 096
-
6 186
-
unemployment
763
-
2 322
-
social contributions
56
-
172
-
other
650
-
2 087
-
total
5 884
-
15 659
-
Corporate
48 274
73 000
-
-
income
13 517
20 440
-
-
surtax
-
-
-
-
total
13 517
20 440
-
-
Dividends
34 757
52 560
-
-
surtax
-
-
-
-
social contributions
5 979
9 041
-
-
withholding
4 449
6 727
-
-
total
10 428
15 768
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 468
36 208
31 331
31 638
After tax
39 532
36 792
41 669
41 362
Living cost
15 202
15 202
15 202
15 202
Free-cash
24 330
21 590
26 467
26 160

Estimated living cost  is ₴15202 per week

₴8816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4553
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
₴34078
₴35325
₴36423
₴34334
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
-
-
-
10 950
social contributions
-
-
-
10 074
health
-
-
-
5 095
total
-
-
-
26 119
Employee
16 722
-
73 000
-
social contributions
2 308
-
10 074
-
income
2 789
-
12 048
-
health
1 167
-
5 095
-
total
6 264
-
27 217
-
Employer
16 722
-
73 000
-
total
-
-
-
-
Corporate
56 278
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%.

2 814
3 650
-
-
total
2 814
3 650
-
-
Dividends
53 464
69 350
-
-
social contributions
7 378
9 570
-
-
withholding
8 020
10 403
-
-
health
3 732
4 841
-
-
total
19 130
24 814
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 208
28 464
27 217
26 119
After tax
44 792
44 536
45 783
46 881
Living cost
10 458
10 458
10 458
10 458
Free-cash
34 334
34 078
35 325
36 423

Estimated living cost  is ₴10458 per week

₴6999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2573
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
₴23144
₴1720
₴19977
₴22385
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
-
-
-
17 165
surtax
-
-
-
97
unemployment
-
-
-
3 025
chamber of commerce
-
-
-
292
health
-
-
-
4 407
pensions
-
-
-
10 659
total
-
-
-
35 645
Employee
24 648
19 654
56 610
-
other
246
197
566
-
unemployment
739
590
1 699
-
pensions
2 524
2 012
5 797
-
income
2 806
1 450
13 574
-
health
954
761
2 191
-
total
7 269
5 010
23 827
-
Employer
24 648
19 654
56 610
-
chamber of commerce
98
79
226
-
health
931
743
2 140
-
pensions
3 093
2 467
7 105
-
accident
320
256
736
-
unemployment
739
590
1 699
-
surtax
97
97
97
-
payroll
739
590
1 699
-
other
1 171
933
2 689
-
total
7 188
5 755
16 391
-
Corporate
41 163
47 592
54 738
-
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.

10 290
11 897
13 684
-
total
10 290
11 897
13 684
-
Dividends
30 872
35 694
-
-
withholding
8 490
9 816
-
-
total
8 490
9 816
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 237
32 478
53 902
35 645
After tax
39 763
40 522
19 098
37 355
Living cost
17 378
17 378
17 378
17 378
Free-cash
22 385
23 144
1 720
19 977

Estimated living cost  is ₴17378 per week

₴11590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4020
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
₴22873
₴8494
₴13963
₴15476
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
communal

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

-
-
-
3 695
social contributions
-
-
-
11 419
national
-
-
-
25 941
total
-
-
-
41 055
Employee

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

35 278
-
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.

307
-
492
-
communal

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

1 840
-
2 949
-
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.

2 646
-
4 241
-
national
10 846
-
19 726
-
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.

1 658
-
2 658
-
total
17 297
-
30 066
-
Employer

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

35 278
-
56 541
-
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.

2 169
-
3 478
-
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.

3 126
-
5 009
-
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.

459
-
735
-
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.

515
-
825
-
surtax
4 000
-
6 411
-
total
10 269
-
16 458
-
Corporate
27 453
73 000
-
-
income
5 490
14 600
-
-
surtax
110
292
-
-
total
5 600
14 892
-
-
Dividends
21 853
58 108
-
-
withholding

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

6 376
17 253
-
-
total
6 376
17 253
-
-
Income
73 000
73 000
73 000
73 000
Total tax
39 542
32 145
46 524
41 055
After tax
33 458
40 855
26 476
31 945
Living cost
17 982
17 982
17 982
17 982
Free-cash
15 476
22 873
8 494
13 963

Estimated living cost  is ₴17982 per week

₴11583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4546
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
₴31016
₴21193
₴23312
₴27391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
412
income
-
-
-
18 163
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 936
total
-
-
-
31 877
Employee
24 550
-
58 427
-
other
24
-
46
-
unemployment
381
-
708
-
pensions
1 154
-
2 149
-
income
5 180
-
16 520
-
total
6 739
-
19 423
-
Employer
24 550
-
58 427
-
pensions
5 793
-
10 788
-
accident
486
-
905
-
unemployment
1 351
-
2 514
-
other
196
-
366
-
total
7 826
-
14 573
-
Corporate
40 625
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.

6 094
10 950
-
-
total
6 094
10 950
-
-
Dividends
34 531
62 050
-
-
withholding
7 139
13 223
-
-
total
7 139
13 223
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 798
24 173
33 996
31 877
After tax
45 202
48 827
39 004
41 123
Living cost
17 811
17 811
17 811
17 811
Free-cash
27 391
31 016
21 193
23 312

Estimated living cost  is ₴17811 per week

₴13116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3175
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
₴16664
₴13754
₴10843
₴11082
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
communal
-
-
-
4 613
accident
-
-
-
616
income
-
-
-
10 436
surtax
-
-
-
3 619
health
-
-
-
5 129
pensions
-
-
-
10 942
total
-
-
-
35 355
Employee
37 349
-
65 207
-
pensions
2 987
-
5 217
-
surtax
2 289
-
3 996
-
income
3 608
-
12 537
-
health
1 662
-
2 901
-
total
10 546
-
24 651
-
Employer
37 349
-
65 207
-
health
1 139
-
1 989
-
pensions
2 987
-
5 217
-
accident
336
-
587
-
total
4 462
-
7 793
-
Corporate
31 188
73 000
-
-
communal
2 105
4 928
-
-
income
4 679
10 950
-
-
surtax
328
767
-
-
total
7 112
16 645
-
-
Dividends
24 077
56 356
-
-
income
9 384
4 436
-
-
withholding
3 612
8 453
-
-
total
12 996
12 889
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 116
29 534
32 444
35 355
After tax
37 884
43 466
40 556
37 645
Living cost
26 802
26 802
26 802
26 802
Free-cash
11 082
16 664
13 754
10 843

Estimated living cost  is ₴26802 per week

₴20106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴4788
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
₴34839
₴21423
₴23564
₴33272
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
-
-
-
17 846
other
-
-
-
-
surtax
-
-
-
2 562
unemployment
-
-
-
112
health
-
-
-
4 673
pensions
-
-
-
13 165
total
-
-
-
38 358
Employee
16 609
-
60 305
-
other
-
-
-
-
unemployment
1 156
-
4 198
-
pensions
1 108
-
4 023
-
surtax
59
-
2 225
-
income
2 784
-
15 820
-
health
424
-
1 538
-
total
5 531
-
27 804
-
Employer
16 609
-
60 305
-
health
755
-
2 744
-
pensions
2 214
-
8 039
-
unemployment
527
-
1 912
-
other
-
-
-
-
total
3 496
-
12 695
-
Corporate
52 894
73 000
-
-
income
13 752
18 980
-
-
total
13 752
18 980
-
-
Dividends
39 142
54 020
-
-
withholding
5 871
8 103
-
-
total
5 871
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 650
27 083
40 499
38 358
After tax
44 350
45 917
32 501
34 642
Living cost
11 078
11 078
11 078
11 078
Free-cash
33 272
34 839
21 423
23 564

Estimated living cost  is ₴11078 per week

₴6688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3170
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
₴25084
₴18787
₴22161
₴23990
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
regional
-
-
-
1 101
municipal
-
-
-
433
national
-
-
-
17 243
total
-
-
-
37 553
Employee
27 358
-
73 000
-
municipal
145
-
387
-
national
4 334
-
14 942
-
regional
368
-
982
-
social contributions
9 225
-
24 616
-
total
14 072
-
40 927
-
Employer
27 358
-
73 000
-
total
-
-
-
-
Corporate
45 642
73 000
-
-
municipal
2 269
3 628
-
-
nationa
10 954
17 520
-
-
total
13 223
21 148
-
-
Dividends
32 419
51 853
-
-
withholding
8 429
13 482
-
-
total
8 429
13 482
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 724
34 630
40 927
37 553
After tax
37 276
38 370
32 073
35 447
Living cost
13 286
13 286
13 286
13 286
Free-cash
23 990
25 084
18 787
22 161

Estimated living cost  is ₴13286 per week

₴8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3450
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
₴35148
₴21934
₴23561
₴29757
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
-
-
-
6 825
social contributions
-
-
-
17 647
solidarity contribution
-
-
-
-
health
-
-
-
9 855
total
-
-
-
34 327
Employee
22 223
-
54 478
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
3 541
-
income
2 667
-
6 537
-
health
3 000
-
7 354
-
total
7 112
-
17 432
-
Employer
22 223
-
54 478
-
health
2 000
-
4 903
-
social contributions
5 556
-
13 619
-
total
7 556
-
18 522
-
Corporate
43 221
73 000
-
-
income
8 212
13 870
-
-
total
8 212
13 870
-
-
Dividends
35 009
59 130
-
-
withholding
5 251
8 870
-
-
total
5 251
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 131
22 740
35 954
34 327
After tax
44 869
50 260
37 046
38 673
Living cost
15 112
15 112
15 112
15 112
Free-cash
29 757
35 148
21 934
23 561

Estimated living cost  is ₴15112 per week

₴11238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2775
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
₴24839
₴3380
₴21717
₴24596
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
-
-
-
17 165
surtax
-
-
-
-
unemployment
-
-
-
3 025
chamber of commerce
-
-
-
292
health
-
-
-
4 407
pensions
-
-
-
10 659
total
-
-
-
35 548
Employee
21 559
19 654
56 687
-
other
215
197
567
-
unemployment
647
590
1 701
-
pensions
2 208
2 012
5 805
-
income
1 921
1 450
13 600
-
health
834
761
2 194
-
total
5 825
5 010
23 867
-
Employer
21 559
19 654
56 687
-
chamber of commerce
86
79
226
-
health
815
743
2 142
-
pensions
2 706
2 467
7 114
-
accident
280
256
737
-
unemployment
647
590
1 701
-
surtax
-
-
-
-
payroll
647
590
1 701
-
other
1 024
933
2 693
-
total
6 205
5 658
16 314
-
Corporate
45 237
47 689
54 815
-
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.

11 309
11 922
13 704
-
total
11 309
11 922
13 704
-
Dividends
33 928
35 767
-
-
withholding
9 330
9 836
-
-
total
9 330
9 836
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 669
32 426
53 885
35 548
After tax
40 331
40 574
19 115
37 452
Living cost
15 735
15 735
15 735
15 735
Free-cash
24 596
24 839
3 380
21 717

Estimated living cost  is ₴15735 per week

₴9439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4408
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
₴63114
₴52164
₴66034
₴61945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
73 000
microenterprise

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

-
-
-
730
total
-
-
-
730
Employee
7 795
-
73 000
-
income
1 559
-
14 600
-
total
1 559
-
14 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

65 205
73 000
-
-
total
-
-
-
-
Dividends
65 205
73 000
-
-
withholding
3 260
3 650
-
-
total
3 260
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 819
3 650
14 600
730
After tax
68 181
69 350
58 400
72 270
Living cost
6 236
6 236
6 236
6 236
Free-cash
61 945
63 114
52 164
66 034

Estimated living cost  is ₴6236 per week

₴4220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
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.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴37031
₴21196
₴23129
₴32905
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
income
-
-
-
16 018
unemployment
-
-
-
110
health
-
-
-
7 183
pensions
-
-
-
13 331
total
-
-
-
36 642
Employee

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

21 809
-
63 166
-
unemployment
31
-
88
-
pensions
3 381
-
9 791
-
income
3 761
-
14 783
-
health
1 409
-
4 080
-
total
8 582
-
28 742
-
Employer

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

21 809
-
63 166
-
health
1 453
-
4 206
-
pensions
1 930
-
5 590
-
unemployment
13
-
37
-
total
3 396
-
9 833
-
Corporate
47 795
73 000
-
-
income
9 081
13 870
-
-
total
9 081
13 870
-
-
Dividends
38 714
59 130
-
-
withholding
5 807
8 870
-
-
total
5 807
8 870
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 866
22 740
38 575
36 642
After tax
46 134
50 260
34 425
36 358
Living cost
13 229
13 229
13 229
13 229
Free-cash
32 905
37 031
21 196
23 129

Estimated living cost  is ₴13229 per week

₴9078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3046
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
₴22914
₴44947
₴28950
-₴1292
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
-
-
-
14 229
social contributions
-
-
-
8 322
total
-
-
-
22 551
Employee
30 826
-
-
-
social contributions
2 528
-
360
-
income
6 800
-
-
-
total
9 328
-
360
-
Employer
30 826
-
-
-
social contributions
43 465
-
6 194
-
total
43 465
-
6 194
-
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
52 793
28 587
6 554
22 551
After tax
20 207
44 413
66 446
50 449
Living cost
21 499
21 499
21 499
21 499
Free-cash
-1 292
22 914
44 947
28 950

Estimated living cost  is ₴21499 per week

₴13949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2022
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.
₴5253
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
₴26052
₴18980
₴24107
₴25556
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
income
-
-
-
8 056
surtax
-
-
-
-
social contributions

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

-
-
-
25 367
total
-
-
-
33 423
Employee
22 683
-
58 990
-
surtax
-
-
-
-
social contributions
2 495
-
6 489
-
income
4 718
-
18 051
-
total
7 213
-
24 540
-
Employer
22 683
-
58 990
-
social contributions
5 387
-
14 010
-
total
5 387
-
14 010
-
Corporate
44 930
73 000
-
-
income
9 435
15 330
-
-
surtax
-
-
-
-
total
9 435
15 330
-
-
Dividends
35 495
57 670
-
-
withholding
9 939
16 148
-
-
total
9 939
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 974
31 478
38 550
33 423
After tax
41 026
41 522
34 450
39 577
Living cost
15 470
15 470
15 470
15 470
Free-cash
25 556
26 052
18 980
24 107

Estimated living cost  is ₴15470 per week

₴11575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴2724
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
₴12971
₴17848
₴17541
₴16359
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
-
-
-
10 302
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 653
pensions
-
-
-
14 340
total
-
-
-
31 638
Employee
30 890
-
57 341
-
pensions
3 494
-
3 637
-
surtax
-
-
-
-
social contributions
880
-
1 634
-
income
2 695
-
10 401
-
total
7 069
-
15 672
-
Employer
30 890
-
57 341
-
health
2 162
-
4 892
-
pensions
5 076
-
6 186
-
unemployment
1 251
-
2 322
-
social contributions
93
-
172
-
other
1 066
-
2 087
-
total
9 648
-
15 659
-
Corporate
32 463
73 000
-
-
income
9 090
20 440
-
-
surtax
-
-
-
-
total
9 090
20 440
-
-
Dividends
23 373
52 560
-
-
surtax
-
-
-
-
social contributions
4 021
9 041
-
-
withholding
2 992
6 727
-
-
total
7 013
15 768
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 820
36 208
31 331
31 638
After tax
40 180
36 792
41 669
41 362
Living cost
23 821
23 821
23 821
23 821
Free-cash
16 359
12 971
17 848
17 541

Estimated living cost  is ₴23821 per week

₴16121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5424
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
₴50875
₴41356
₴39416
₴49218
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
-
-
-
2 699
social contributions
-
-
-
16 060
total
-
-
-
18 759
Employee
15 856
-
63 204
-
income
-
-
2 914
-
social contributions
1 030
-
4 109
-
total
1 030
-
7 023
-
Employer
15 856
-
63 204
-
social contributions
2 458
-
9 796
-
total
2 458
-
9 796
-
Corporate
54 687
73 000
-
-
income
5 469
7 300
-
-
total
5 469
7 300
-
-
Dividends
49 218
65 700
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
8 957
7 300
16 819
18 759
After tax
64 043
65 700
56 181
54 241
Living cost
14 825
14 825
14 825
14 825
Free-cash
49 218
50 875
41 356
39 416

Estimated living cost  is ₴14825 per week

₴9586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3843
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
-₴34414
-₴34414
₴20111
-₴34414
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
-
-
-
5 806
municipal
-
-
-
14 795
national
-
-
-
8 118
pensions
-
-
-
427
total
-
-
-
29 146
Employee
100 213
100 213
100 213
-
municipal
21 340
21 340
21 340
-
labour market
8 006
8 006
8 006
-
pensions
142
142
142
-
national
12 243
12 243
12 243
-
total
41 731
41 731
41 731
-
Employer
100 213
100 213
100 213
-
national
12 264
12 264
12 264
-
labour market
8 017
8 017
8 017
-
pensions
285
285
285
-
municipal
21 374
21 374
21 374
-
total
41 940
41 940
41 940
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
83 671
83 671
83 671
29 146
After tax
-10 671
-10 671
-10 671
43 854
Living cost
23 743
23 743
23 743
23 743
Free-cash
-34 414
-34 414
-34 414
20 111

Estimated living cost  is ₴23743 per week

₴16250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5027
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
-₴4893
₴28325
₴39151
₴4255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
126
income
-
-
-
19 571
other
-
-
-
185
health
-
-
-
1 087
pensions
-
-
-
2 074
total
-
-
-
23 043
Employee
16 999
-
64 836
-
pensions
1 914
-
3 804
-
income
2 332
-
14 477
-
health
1 947
-
7 424
-
total
6 193
-
25 705
-
Employer
16 999
-
64 836
-
pensions
2 764
-
5 493
-
accident
284
-
1 083
-
unemployment
417
-
1 588
-
total
3 465
-
8 164
-
Corporate
52 537
73 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

47 283
65 700
-
-
total
47 283
65 700
-
-
Dividends
5 254
7 300
-
-
withholding
998
1 387
-
-
total
998
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 939
67 087
33 869
23 043
After tax
15 061
5 913
39 131
49 957
Living cost
10 806
10 806
10 806
10 806
Free-cash
4 255
-4 893
28 325
39 151

Estimated living cost  is ₴10806 per week

₴7866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2122
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
₴27670
₴20241
₴30166
₴28578
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
-
-
-
918
municipal
-
-
-
12 975
national
-
-
-
10 006
total
-
-
-
23 899
Employee
25 948
-
61 411
-
municipal
4 250
-
10 009
-
unemployment
389
-
921
-
pensions
1 751
-
4 145
-
national
429
-
6 419
-
health
194
-
740
-
total
7 013
-
22 234
-
Employer
25 948
-
61 411
-
health
199
-
473
-
pensions
4 502
-
10 655
-
accident
26
-
62
-
unemployment
168
-
400
-
total
4 895
-
11 590
-
Corporate
42 156
73 000
-
-
income
8 431
14 600
-
-
total
8 431
14 600
-
-
Dividends

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

25 294
43 800
-
-
municipal
4 553
7 884
-
-
national
595
3 911
-
-
total
5 148
11 795
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 487
26 395
33 824
23 899
After tax
47 513
46 605
39 176
49 101
Living cost
18 935
18 935
18 935
18 935
Free-cash
28 578
27 670
20 241
30 166

Estimated living cost  is ₴18935 per week

₴12368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4445
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
₴41878
₴38492
₴39170
₴39197
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
-
-
-
12 569
social contributions
-
-
-
7 980
health
-
-
-
1 862
total
-
-
-
22 411
Employee
37 924
37 924
67 506
-
social contributions
1 434
3 148
4 245
-
income
4 129
3 511
12 203
-
health
294
645
1 147
-
total
5 857
7 304
17 595
-
Employer
37 924
37 924
67 506
-
health
319
702
1 249
-
social contributions
1 434
3 148
4 245
-
total
1 753
3 850
5 494
-
Corporate
53 971
31 226
-
-
income
6 746
3 904
-
-
total
6 746
3 904
-
-
Dividends
47 225
27 323
-
-
withholding
8 028
4 645
-
-
total
8 028
4 645
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 384
19 703
23 089
22 411
After tax
50 616
53 297
49 911
50 589
Living cost
11 419
11 419
11 419
11 419
Free-cash
39 197
41 878
38 492
39 170

Estimated living cost  is ₴11419 per week

₴6843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
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.
₴3203
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
₴52621
₴43029
₴52922
₴50113
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
income
-
-
-
7 312
unemployment
-
-
-
14
health
-
-
-
1 785
pensions
-
-
-
3 137
total
-
-
-
12 248
Employee

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

11 320
-
68 180
-
unemployment
56
-
234
-
pensions
1 698
-
7 019
-
income
774
-
6 090
-
health
962
-
3 978
-
total
3 490
-
17 321
-
Employer

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

11 320
-
68 180
-
health
487
-
2 012
-
pensions
622
-
2 574
-
unemployment
56
-
234
-
total
1 165
-
4 820
-
Corporate
60 514
73 000
-
-
income
5 446
6 570
-
-
total
5 446
6 570
-
-
Dividends
55 068
66 430
-
-
withholding
4 956
5 979
-
-
total
4 956
5 979
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 057
12 549
22 141
12 248
After tax
57 943
60 451
50 859
60 752
Living cost
7 830
7 830
7 830
7 830
Free-cash
50 113
52 621
43 029
52 922

Estimated living cost  is ₴7830 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2037
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
₴35265
₴25442
₴27561
₴32984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
412
income
-
-
-
18 163
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 936
total
-
-
-
31 877
Employee
18 236
-
58 427
-
other
18
-
46
-
unemployment
283
-
708
-
pensions
857
-
2 149
-
income
3 516
-
16 520
-
total
4 674
-
19 423
-
Employer
18 236
-
58 427
-
pensions
4 303
-
10 788
-
accident
361
-
905
-
unemployment
1 003
-
2 514
-
other
146
-
366
-
total
5 813
-
14 573
-
Corporate
48 950
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.

7 342
10 950
-
-
total
7 342
10 950
-
-
Dividends
41 607
62 050
-
-
withholding
8 625
13 223
-
-
total
8 625
13 223
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 454
24 173
33 996
31 877
After tax
46 546
48 827
39 004
41 123
Living cost
13 562
13 562
13 562
13 562
Free-cash
32 984
35 265
25 442
27 561

Estimated living cost  is ₴13562 per week

₴9154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴2867
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
₴44592
₴45858
₴45925
₴44434
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
-
-
-
24 906
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
26 115
Employee
1 463
-
72 212
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
24 869
-
health
73
-
175
-
total
503
-
25 394
-
Employer
1 463
-
72 212
-
health
139
-
333
-
pensions
161
-
385
-
unemployment
29
-
70
-
total
329
-
788
-
Corporate
71 208
73 000
-
-
income
15 666
16 060
-
-
total
15 666
16 060
-
-
Dividends
55 542
56 940
-
-
withholding
11 108
11 388
-
-
total
11 108
11 388
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 606
27 448
26 182
26 115
After tax
45 394
45 552
46 818
46 885
Living cost
960
960
960
960
Free-cash
44 434
44 592
45 858
45 925

Estimated living cost  is ₴960 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
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
₴44210
₴34498
₴34498
₴41783
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
income
-
-
-
16 189
unemployment
-
-
-
547
health
-
-
-
3 755
pensions
-
-
-
9 479
total
-
-
-
29 970
Employee

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

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

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

12 865
-
66 474
-
unemployment
96
-
273
-
pensions
1 801
-
5 104
-
income
1 773
-
16 189
-
health
663
-
1 878
-
total
4 333
-
23 444
-
Employer

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

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

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

12 865
-
66 474
-
health
663
-
1 878
-
pensions
1 544
-
4 375
-
unemployment
96
-
273
-
total
2 303
-
6 526
-
Corporate
57 832
73 000
-
-
income
8 675
10 950
-
-
total
8 675
10 950
-
-
Dividends
49 157
62 050
-
-
withholding
7 374
9 308
-
-
total
7 374
9 308
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 685
20 258
29 970
29 970
After tax
50 315
52 742
43 030
43 030
Living cost
8 532
8 532
8 532
8 532
Free-cash
41 783
44 210
34 498
34 498

Estimated living cost  is ₴8532 per week

₴5744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
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.
₴1880
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
₴28226
₴21154
₴26281
₴28048
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
income
-
-
-
8 056
surtax
-
-
-
-
social contributions

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

-
-
-
25 367
total
-
-
-
33 423
Employee
19 142
-
58 990
-
surtax
-
-
-
-
social contributions
2 106
-
6 489
-
income
3 740
-
18 051
-
total
5 846
-
24 540
-
Employer
19 142
-
58 990
-
social contributions
4 546
-
14 010
-
total
4 546
-
14 010
-
Corporate
49 312
73 000
-
-
income
10 356
15 330
-
-
surtax
-
-
-
-
total
10 356
15 330
-
-
Dividends
38 956
57 670
-
-
withholding
10 908
16 148
-
-
total
10 908
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 656
31 478
38 550
33 423
After tax
41 344
41 522
34 450
39 577
Living cost
13 296
13 296
13 296
13 296
Free-cash
28 048
28 226
21 154
26 281

Estimated living cost  is ₴13296 per week

₴9417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
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.
₴2720
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
₴31494
₴21671
₴23790
₴28038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
412
income
-
-
-
18 163
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 936
total
-
-
-
31 877
Employee
23 819
-
58 427
-
other
23
-
46
-
unemployment
369
-
708
-
pensions
1 119
-
2 149
-
income
4 975
-
16 520
-
total
6 486
-
19 423
-
Employer
23 819
-
58 427
-
pensions
5 621
-
10 788
-
accident
472
-
905
-
unemployment
1 310
-
2 514
-
other
191
-
366
-
total
7 594
-
14 573
-
Corporate
41 587
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.

6 238
10 950
-
-
total
6 238
10 950
-
-
Dividends
35 349
62 050
-
-
withholding
7 311
13 223
-
-
total
7 311
13 223
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 629
24 173
33 996
31 877
After tax
45 371
48 827
39 004
41 123
Living cost
17 333
17 333
17 333
17 333
Free-cash
28 038
31 494
21 671
23 790

Estimated living cost  is ₴17333 per week

₴12448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1348
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.
₴3294
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
₴53933
₴51685
₴48969
₴50929
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
-
-
-
10 950
unemployment
-
-
-
69
health
-
-
-
1 981
pensions

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

-
-
-
2 549
total
-
-
-
15 549
Employee
11 232
-
69 621
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

986
-
1 512
-
income
1 123
-
6 962
-
health
517
-
792
-
total
2 749
-
9 455
-
Employer
11 232
-
69 621
-
health
775
-
1 188
-
pensions

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

1 238
-
1 898
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
unemployment
67
-
103
-
total
2 203
-
3 378
-
Corporate
59 564
73 000
-
-
income
5 957
7 300
-
-
total
5 957
7 300
-
-
Dividends
53 608
65 700
-
-
withholding
2 680
3 285
-
-
total
2 680
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 589
10 585
12 833
15 549
After tax
59 411
62 415
60 167
57 451
Living cost
8 482
8 482
8 482
8 482
Free-cash
50 929
53 933
51 685
48 969

Estimated living cost  is ₴8482 per week

₴5610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2185
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
₴18550
₴28407
₴21222
₴25004
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
income

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

-
-
-
21 026
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.

-
-
-
1 157
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.

-
-
-
3 369
trade
-
-
-
7 185
total
-
-
-
32 737
Employee

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

24 539
-
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.

111
-
1 157
-
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.

2 018
-
21 026
-
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.

3 369
-
3 369
-
total
5 498
-
25 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 461
73 000
-
-
income
7 269
10 950
-
-
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.

400
603
-
-
chamber of commerce
146
182
-
-
trade
6 954
10 476
-
-
total
14 769
22 211
-
-
Dividends
33 692
50 790
-
-
surtax

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

453
688
-
-
withholding
8 235
12 510
-
-
total
8 688
13 198
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 955
35 409
25 552
32 737
After tax
44 045
37 591
47 448
40 263
Living cost
19 041
19 041
19 041
19 041
Free-cash
25 004
18 550
28 407
21 222

Estimated living cost  is ₴19041 per week

₴13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3581
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
₴23006
₴12000
₴12000
₴24095
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
-
-
-
21 048
social contributions
-
-
-
11 858
total
-
-
-
32 906
Employee
38 579
-
73 000
-
income
7 280
-
21 048
-
social contributions
3 205
-
11 858
-
total
10 485
-
32 906
-
Employer
38 579
-
73 000
-
total
-
-
-
-
Corporate
34 421
73 000
-
-
income
4 302
9 125
-
-
total
4 302
9 125
-
-
Dividends
30 119
63 875
-
-
withholding
6 024
12 775
-
-
total
6 024
12 775
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 811
21 900
32 906
32 906
After tax
52 189
51 100
40 094
40 094
Living cost
28 094
28 094
28 094
28 094
Free-cash
24 095
23 006
12 000
12 000

Estimated living cost  is ₴28094 per week

₴21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2289
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.
₴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

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
₴26941
₴34848
₴38071
₴28664
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
-
-
-
14 039
health

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

-
-
-
2 987
total
-
-
-
17 026
Employee
22 625
-
70 731
-
income
2 455
-
15 711
-
social contributions
2 267
-
2 269
-
total
4 722
-
17 980
-
Employer
22 625
-
70 731
-
social contributions
2 267
-
2 269
-
total
2 267
-
2 269
-
Corporate
48 108
73 000
-
-
income
16 838
25 550
-
-
total
16 838
25 550
-
-
Dividends
31 270
47 450
-
-
social contributions
2 606
2 606
-
-
total
2 606
2 606
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 433
28 156
20 249
17 026
After tax
46 567
44 844
52 751
55 974
Living cost
17 903
17 903
17 903
17 903
Free-cash
28 664
26 941
34 848
38 071

Estimated living cost  is ₴17903 per week

₴11793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
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.
₴4424
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
₴31045
₴24561
₴31241
₴33792
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
-
-
-
19 477
pensions
-
-
-
4 134
total
-
-
-
23 611
Employee
24 910
-
63 891
-
pensions
1 901
-
5 181
-
income
4 536
-
15 023
-
health
325
-
977
-
total
6 762
-
21 181
-
Employer
24 910
-
63 891
-
health
473
-
1 214
-
pensions
2 517
-
7 896
-
total
2 990
-
9 110
-
Corporate
45 099
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.

8 569
13 870
-
-
total
8 569
13 870
-
-
Dividends
36 530
59 130
-
-
withholding
2 739
9 937
-
-
total
2 739
9 937
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 060
23 807
30 291
23 611
After tax
51 940
49 193
42 709
49 389
Living cost
18 148
18 148
18 148
18 148
Free-cash
33 792
31 045
24 561
31 241

Estimated living cost  is ₴18148 per week

₴12449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3801
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
-₴5963
₴27255
₴38081
₴4090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
accident
-
-
-
126
income
-
-
-
19 571
other
-
-
-
185
health
-
-
-
1 087
pensions
-
-
-
2 074
total
-
-
-
23 043
Employee
18 682
-
64 836
-
pensions
2 104
-
3 804
-
income
2 563
-
14 477
-
health
2 139
-
7 424
-
total
6 806
-
25 705
-
Employer
18 682
-
64 836
-
pensions
3 038
-
5 493
-
accident
312
-
1 083
-
unemployment
458
-
1 588
-
total
3 808
-
8 164
-
Corporate
50 511
73 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

45 460
65 700
-
-
total
45 460
65 700
-
-
Dividends
5 051
7 300
-
-
withholding
960
1 387
-
-
total
960
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 034
67 087
33 869
23 043
After tax
15 966
5 913
39 131
49 957
Living cost
11 876
11 876
11 876
11 876
Free-cash
4 090
-5 963
27 255
38 081

Estimated living cost  is ₴11876 per week

₴8716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2229
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
₴54743
₴43606
₴34417
₴52426
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
-
-
-
11 821
unemployment
-
-
-
876
work injury
-
-
-
365
health insurance
-
-
-
5 402
pensions
-
-
-
13 432
total
-
-
-
31 896
Employee

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

10 700
-
73 000
-
health insurance
792
-
2 929
-
unemployment
128
-
475
-
work injury
53
-
198
-
pensions
1 969
-
7 284
-
income
1 070
-
11 821
-
total
4 012
-
22 707
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 300
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%.

623
730
-
-
total
623
730
-
-
Dividends
61 677
72 270
-
-
withholding
9 252
10 840
-
-
total
9 252
10 840
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 887
11 570
22 707
31 896
After tax
59 113
61 430
50 293
41 104
Living cost
6 687
6 687
6 687
6 687
Free-cash
52 426
54 743
43 606
34 417

Estimated living cost  is ₴6687 per week

₴4143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1850
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
₴18804
₴11913
₴15188
₴16561
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
regional
-
-
-
1 657
municipal
-
-
-
488
national
-
-
-
17 243
total
-
-
-
38 164
Employee
41 559
-
73 000
-
municipal
248
-
435
-
national
7 023
-
14 942
-
regional
627
-
1 446
-
social contributions
14 014
-
24 616
-
total
21 912
-
41 439
-
Employer
41 559
-
73 000
-
total
-
-
-
-
Corporate
31 441
73 000
-
-
municipal
1 515
3 518
-
-
nationa
7 545
17 520
-
-
total
9 060
21 038
-
-
Dividends
22 380
51 962
-
-
withholding
5 819
13 510
-
-
total
5 819
13 510
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 791
34 548
41 439
38 164
After tax
36 209
38 452
31 561
34 836
Living cost
19 648
19 648
19 648
19 648
Free-cash
16 561
18 804
11 913
15 188

Estimated living cost  is ₴19648 per week

₴13801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4198
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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