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
₴21732
₴32416
₴24572
₴27251
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.

-
-
-
20 915
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.

-
-
-
1 150
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.

-
-
-
3 408
trade
-
-
-
7 844
total
-
-
-
33 317
Employee

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

19 082
-
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
-
1 150
-
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.

533
-
20 915
-
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.

3 408
-
3 408
-
total
3 970
-
25 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 918
73 000
-
-
income
8 088
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.

445
602
-
-
chamber of commerce
153
181
-
-
trade
8 492
11 497
-
-
total
17 178
23 230
-
-
Dividends
36 739
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.

495
674
-
-
withholding
8 995
12 253
-
-
total
9 490
12 927
-
-
Income
73 000
73 000
73 000
73 000
Total tax
30 638
36 157
25 473
33 317
After tax
42 362
36 843
47 527
39 683
Living cost
15 111
15 111
15 111
15 111
Free-cash
27 251
21 732
32 416
24 572

Estimated living cost  is ₴15111 per week

₴9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1762
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.
₴3562
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
₴18938
₴17377
₴16804
₴18495
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
-
-
-
7 859
national
-
-
-
12 178
pensions
-
-
-
8 760
total
-
-
-
29 582
Employee
41 256
-
63 108
-
municipal
5 096
-
8 142
-
pensions
1 650
-
2 524
-
national
7 896
-
12 616
-
total
14 642
-
23 282
-
Employer
41 256
-
63 108
-
pensions
3 301
-
5 049
-
social contributions
444
-
678
-
total
3 745
-
5 727
-
Corporate
25 277
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%.

5 055
14 600
-
-
total
5 055
14 600
-
-
Dividends
20 221
58 400
-
-
withholding
4 449
12 848
-
-
total
4 449
12 848
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 891
27 448
29 009
29 582
After tax
45 109
45 552
43 991
43 418
Living cost
26 614
26 614
26 614
26 614
Free-cash
18 495
18 938
17 377
16 804

Estimated living cost  is ₴26614 per week

₴18089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴398
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.
₴5652
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
₴48021
₴34283
₴13065
₴43928
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
-
-
-
11 826
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.

-
-
-
19 115
microenterprise
-
-
-
-
total
-
-
-
49 556
Employee
14 578
-
52 026
-
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.

1 604
-
5 723
-
income
2 595
-
10 082
-
total
4 199
-
15 805
-
Employer
14 578
-
52 026
-
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.

3 512
-
12 533
-
surtax
-
-
-
-
total
3 512
-
12 533
-
Corporate
54 910
73 000
-
-
income

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

10 982
14 600
-
-
total
10 982
14 600
-
-
Dividends

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

43 928
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
18 693
14 600
28 338
49 556
After tax
54 307
58 400
44 662
23 444
Living cost
10 379
10 379
10 379
10 379
Free-cash
43 928
48 021
34 283
13 065

Estimated living cost  is ₴10379 per week

₴6622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴988
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.
₴2534
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
₴15021
₴23093
₴20437
₴11963
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
-
-
-
19 666
health
-
-
-
6 152
pensions
-
-
-
5 845
total
-
-
-
31 663
Employee
42 604
42 604
63 728
-
pensions
7 669
5 845
5 845
-
income

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

6 974
6 974
7 738
-
health
6 539
5 562
6 152
-
total
21 182
18 381
19 735
-
Employer
42 604
42 604
63 728
-
health
2 961
2 961
3 680
-
pensions
2 965
2 965
3 686
-
unemployment
1 534
1 534
1 906
-
total
7 460
7 460
9 272
-
Corporate
23 458
22 936
-
-
income
4 692
4 587
-
-
total
4 692
4 587
-
-
Dividends
18 766
18 349
-
-
income
3 988
3 899
-
-
withholding
2 815
2 752
-
-
total
6 803
6 651
-
-
Income
73 000
73 000
73 000
73 000
Total tax
40 137
37 079
29 007
31 663
After tax
32 863
35 921
43 993
41 337
Living cost
20 900
20 900
20 900
20 900
Free-cash
11 963
15 021
23 093
20 437

Estimated living cost  is ₴20900 per week

₴14811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴3872
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
₴19714
₴17835
₴18323
₴19263
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
-
-
-
5 130
unemployment
-
-
-
44
health
-
-
-
2 755
municipal
-
-
-
17 955
national
-
-
-
3 788
pensions
-
-
-
4 773
total
-
-
-
34 533
Employee
28 704
-
59 128
-
municipal
8 559
-
17 632
-
national
-
-
3 517
-
total
8 559
-
21 149
-
Employer
28 704
-
59 128
-
health
1 765
-
2 715
-
pensions
3 103
-
4 773
-
accident
57
-
88
-
unemployment
758
-
1 166
-
other
3 335
-
5 130
-
total
9 018
-
13 872
-
Corporate
35 278
73 000
-
-
income
7 761
16 060
-
-
total
7 761
16 060
-
-
Dividends
27 517
56 940
-
-
withholding
8 255
17 082
-
-
total
8 255
17 082
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 593
33 142
35 021
34 533
After tax
39 407
39 858
37 979
38 467
Living cost
20 144
20 144
20 144
20 144
Free-cash
19 263
19 714
17 835
18 323

Estimated living cost  is ₴20144 per week

₴13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1977
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.
₴4511
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
₴16868
₴27928
₴19735
₴23878
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.

-
-
-
20 915
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.

-
-
-
1 150
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.

-
-
-
3 408
trade
-
-
-
8 193
total
-
-
-
33 666
Employee

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

25 300
-
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.

119
-
1 150
-
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.

2 174
-
20 915
-
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.

3 408
-
3 408
-
total
5 701
-
25 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 700
73 000
-
-
income
7 155
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.

394
602
-
-
chamber of commerce
144
180
-
-
trade
7 847
12 009
-
-
total
15 540
23 741
-
-
Dividends
32 161
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.

432
667
-
-
withholding
7 850
12 125
-
-
total
8 282
12 792
-
-
Income
73 000
73 000
73 000
73 000
Total tax
29 523
36 533
25 473
33 666
After tax
43 477
36 467
47 527
39 334
Living cost
19 599
19 599
19 599
19 599
Free-cash
23 878
16 868
27 928
19 735

Estimated living cost  is ₴19599 per week

₴13108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4132
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
₴37121
₴33776
₴34459
₴35052
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
-
-
-
12 426
social contributions
-
-
-
8 072
health
-
-
-
1 861
total
-
-
-
22 359
Employee
38 363
38 363
67 458
-
social contributions
1 864
3 184
4 294
-
income
4 028
3 551
12 059
-
health
382
652
1 147
-
total
6 274
7 387
17 500
-
Employer
38 363
38 363
67 458
-
health
416
710
1 248
-
social contributions
1 864
3 184
4 294
-
total
2 280
3 894
5 542
-
Corporate
48 264
30 743
-
-
income
6 033
3 843
-
-
total
6 033
3 843
-
-
Dividends
42 232
26 900
-
-
withholding
7 179
4 573
-
-
total
7 179
4 573
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 766
19 697
23 042
22 359
After tax
51 234
53 303
49 958
50 641
Living cost
16 182
16 182
16 182
16 182
Free-cash
35 052
37 121
33 776
34 459

Estimated living cost  is ₴16182 per week

₴11062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴3584
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
₴32100
₴33383
₴41635
₴32286
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.

12 899
5 134
61 088
-
unemployment
193
77
916
-
pensions
1 290
513
6 109
-
income
1 577
628
7 468
-
health
903
359
4 276
-
total
3 963
1 577
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.

12 899
5 134
61 088
-
pensions
2 515
1 001
11 912
-
total
2 515
1 001
11 912
-
Corporate
57 586
66 865
-
-
income
5 183
6 018
-
-
total
5 183
6 018
-
-
Dividends
52 403
60 847
-
-
social contributions
10 160
11 807
-
-
withholding
9 957
11 561
-
-
total
20 117
23 368
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 778
31 964
30 681
22 429
After tax
41 222
41 036
42 319
50 571
Living cost
8 936
8 936
8 936
8 936
Free-cash
32 286
32 100
33 383
41 635

Estimated living cost  is ₴8936 per week

₴6098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴1928
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
₴46350
₴30028
₴27078
₴43250
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
14 153
-
54 558
-
unemployment
226
-
873
-
pensions
283
-
1 092
-
income
1 593
-
10 518
-
total
2 102
-
12 483
-
Employer
14 153
-
54 558
-
health
1 840
-
7 092
-
pensions
2 831
-
10 911
-
unemployment
114
-
436
-
total
4 785
-
18 439
-
Corporate
54 063
73 000
-
-
income
10 813
14 600
-
-
total
10 813
14 600
-
-
Dividends
43 250
58 400
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
17 700
14 600
30 922
33 872
After tax
55 300
58 400
42 078
39 128
Living cost
12 050
12 050
12 050
12 050
Free-cash
43 250
46 350
30 028
27 078

Estimated living cost  is ₴12050 per week

₴8265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2825
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
-₴5223
₴27949
₴38825
₴4206
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
-
-
-
128
income
-
-
-
19 513
other
-
-
-
188
health
-
-
-
1 104
pensions
-
-
-
2 106
total
-
-
-
23 039
Employee
17 518
-
64 755
-
pensions
1 973
-
3 862
-
income
2 403
-
14 395
-
health
2 006
-
7 414
-
total
6 382
-
25 671
-
Employer
17 518
-
64 755
-
pensions
2 848
-
5 577
-
accident
292
-
1 081
-
unemployment
429
-
1 586
-
total
3 569
-
8 244
-
Corporate
51 912
73 000
-
-
income

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

46 721
65 700
-
-
total
46 721
65 700
-
-
Dividends
5 191
7 300
-
-
withholding
986
1 387
-
-
total
986
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 658
67 087
33 915
23 039
After tax
15 342
5 913
39 085
49 961
Living cost
11 136
11 136
11 136
11 136
Free-cash
4 206
-5 223
27 949
38 825

Estimated living cost  is ₴11136 per week

₴8162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2125
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
₴65330
₴54380
₴68250
₴64576
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
5 025
-
73 000
-
income
1 005
-
14 600
-
total
1 005
-
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%.

67 975
73 000
-
-
total
-
-
-
-
Dividends
67 975
73 000
-
-
withholding
3 399
3 650
-
-
total
3 399
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 404
3 650
14 600
730
After tax
68 596
69 350
58 400
72 270
Living cost
4 020
4 020
4 020
4 020
Free-cash
64 576
65 330
54 380
68 250

Estimated living cost  is ₴4020 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1084
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
₴40339
₴28437
₴25417
₴36967
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
-
-
-
10 089
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.

-
-
-
17 520
total
-
-
-
34 289
Employee
18 114
-
58 306
-
unemployment
181
-
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.

1 268
-
4 081
-
income
3 119
-
11 095
-
health
254
-
816
-
total
4 822
-
16 575
-
Employer
18 114
-
58 306
-
health
254
-
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.

3 080
-
9 913
-
accident
145
-
467
-
unemployment
181
-
583
-
other
906
-
2 915
-
total
4 566
-
14 694
-
Corporate
50 320
73 000
-
-
income
10 568
15 330
-
-
total
10 568
15 330
-
-
Dividends
39 753
57 670
-
-
withholding
2 783
4 037
-
-
total
2 783
4 037
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 739
19 367
31 269
34 289
After tax
50 261
53 633
41 731
38 711
Living cost
13 294
13 294
13 294
13 294
Free-cash
36 967
40 339
28 437
25 417

Estimated living cost  is ₴13294 per week

₴9393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴2789
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
₴15918
₴9350
₴16042
₴14300
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
-
-
-
19 242
pensions
-
-
-
4 203
total
-
-
-
23 445
Employee
47 416
-
63 911
-
pensions
4 574
-
5 282
-
income
8 547
-
14 780
-
health
781
-
986
-
total
13 902
-
21 048
-
Employer
47 416
-
63 911
-
health
901
-
1 214
-
pensions
5 598
-
7 875
-
total
6 499
-
9 089
-
Corporate
19 085
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.

3 626
13 870
-
-
total
3 626
13 870
-
-
Dividends
15 459
59 130
-
-
withholding
1 160
9 699
-
-
total
1 160
9 699
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 187
23 569
30 137
23 445
After tax
47 813
49 431
42 863
49 555
Living cost
33 513
33 513
33 513
33 513
Free-cash
14 300
15 918
9 350
16 042

Estimated living cost  is ₴33513 per week

₴25112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4191
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
₴55872
₴53554
₴50853
₴53554
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
-
-
-
70
health
-
-
-
2 004
pensions

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

-
-
-
2 580
total
-
-
-
15 604
Employee
8 663
-
69 580
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
pensions

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

761
-
1 530
-
income
866
-
6 958
-
health
398
-
802
-
total
2 120
-
9 482
-
Employer
8 663
-
69 580
-
health
598
-
1 203
-
pensions

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

955
-
1 921
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
unemployment
52
-
105
-
total
1 700
-
3 421
-
Corporate
62 637
73 000
-
-
income
6 264
7 300
-
-
total
6 264
7 300
-
-
Dividends
56 373
65 700
-
-
withholding
2 819
3 285
-
-
total
2 819
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
12 903
10 585
12 903
15 604
After tax
60 097
62 415
60 097
57 396
Living cost
6 543
6 543
6 543
6 543
Free-cash
53 554
55 872
53 554
50 853

Estimated living cost  is ₴6543 per week

₴3820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2082
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
₴8256
₴16328
₴13672
₴9511
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
-
-
-
19 666
health
-
-
-
6 152
pensions
-
-
-
5 845
total
-
-
-
31 663
Employee
46 254
42 604
63 728
-
pensions
5 845
5 845
5 845
-
income

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

6 974
6 974
7 738
-
health
5 770
5 562
6 152
-
total
18 589
18 381
19 735
-
Employer
46 254
42 604
63 728
-
health
3 214
2 961
3 680
-
pensions
3 219
2 965
3 686
-
unemployment
1 665
1 534
1 906
-
total
8 098
7 460
9 272
-
Corporate
18 647
22 936
-
-
income
3 729
4 587
-
-
total
3 729
4 587
-
-
Dividends
14 918
18 349
-
-
income
3 170
3 899
-
-
withholding
2 238
2 752
-
-
total
5 408
6 651
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 824
37 079
29 007
31 663
After tax
37 176
35 921
43 993
41 337
Living cost
27 665
27 665
27 665
27 665
Free-cash
9 511
8 256
16 328
13 672

Estimated living cost  is ₴27665 per week

₴20407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4470
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
₴38070
₴24855
₴26571
₴33721
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
-
-
-
6 840
social contributions
-
-
-
17 543
solidarity contribution
-
-
-
-
health
-
-
-
9 855
total
-
-
-
34 238
Employee
17 928
-
54 478
-
solidarity contribution
-
-
-
-
social contributions
1 165
-
3 541
-
income
2 151
-
6 537
-
health
2 420
-
7 354
-
total
5 736
-
17 432
-
Employer
17 928
-
54 478
-
health
1 614
-
4 903
-
social contributions
4 482
-
13 619
-
total
6 096
-
18 522
-
Corporate
48 976
73 000
-
-
income
9 305
13 870
-
-
total
9 305
13 870
-
-
Dividends
39 671
59 130
-
-
withholding
5 951
8 869
-
-
total
5 951
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 088
22 739
35 954
34 238
After tax
45 912
50 261
37 046
38 762
Living cost
12 191
12 191
12 191
12 191
Free-cash
33 721
38 070
24 855
26 571

Estimated living cost  is ₴12191 per week

₴8468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴867
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.
₴2616
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
₴17897
₴11298
₴14707
₴15292
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
-
-
-
846
municipal
-
-
-
434
national
-
-
-
17 185
total
-
-
-
37 241
Employee
44 339
-
73 000
-
municipal
235
-
387
-
national
7 683
-
14 902
-
regional
418
-
745
-
social contributions
14 951
-
24 616
-
total
23 287
-
40 650
-
Employer
44 339
-
73 000
-
total
-
-
-
-
Corporate
28 661
73 000
-
-
municipal
1 118
2 847
-
-
nationa
6 878
17 520
-
-
total
7 996
20 367
-
-
Dividends
20 665
52 633
-
-
withholding
5 373
13 684
-
-
total
5 373
13 684
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 656
34 051
40 650
37 241
After tax
36 344
38 949
32 350
35 759
Living cost
21 052
21 052
21 052
21 052
Free-cash
15 292
17 897
11 298
14 707

Estimated living cost  is ₴21052 per week

₴14675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴323
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.
₴4673
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
₴34908
₴21592
₴23632
₴33356
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
-
-
-
17 673
other
-
-
-
-
surtax
-
-
-
2 528
unemployment
-
-
-
114
health
-
-
-
4 727
pensions
-
-
-
13 317
total
-
-
-
38 359
Employee
16 498
-
60 306
-
other
-
-
-
-
unemployment
1 148
-
4 197
-
pensions
1 100
-
4 023
-
surtax
54
-
2 206
-
income
2 765
-
15 741
-
health
421
-
1 538
-
total
5 488
-
27 705
-
Employer
16 498
-
60 306
-
health
751
-
2 744
-
pensions
2 199
-
8 039
-
unemployment
523
-
1 911
-
other
-
-
-
-
total
3 473
-
12 694
-
Corporate
53 029
73 000
-
-
income
13 788
18 980
-
-
total
13 788
18 980
-
-
Dividends
39 241
54 020
-
-
withholding
5 886
8 103
-
-
total
5 886
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 635
27 083
40 399
38 359
After tax
44 365
45 917
32 601
34 641
Living cost
11 009
11 009
11 009
11 009
Free-cash
33 356
34 908
21 592
23 632

Estimated living cost  is ₴11009 per week

₴6731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3008
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
₴26536
₴19968
₴26660
₴27857
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
-
-
-
19 242
pensions
-
-
-
4 203
total
-
-
-
23 445
Employee
31 777
-
63 911
-
pensions
2 697
-
5 282
-
income
5 723
-
14 780
-
health
461
-
986
-
total
8 881
-
21 048
-
Employer
31 777
-
63 911
-
health
604
-
1 214
-
pensions
3 440
-
7 875
-
total
4 044
-
9 089
-
Corporate
37 180
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.

7 064
13 870
-
-
total
7 064
13 870
-
-
Dividends
30 116
59 130
-
-
withholding
2 259
9 699
-
-
total
2 259
9 699
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 248
23 569
30 137
23 445
After tax
50 752
49 431
42 863
49 555
Living cost
22 895
22 895
22 895
22 895
Free-cash
27 857
26 536
19 968
26 660

Estimated living cost  is ₴22895 per week

₴17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1716
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.
₴3786
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
-₴6070
₴16871
₴20419
₴10810
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
-
-
-
3 172
health
-
-
-
164
city
-
-
-
769
national
-
-
-
849
pensions
-
-
-
6 717
total
-
-
-
13 131
Employee
46 167
-
65 340
-
unemployment
-
-
-
-
pensions
3 879
-
5 488
-
national
219
-
681
-
regional
1 512
-
2 719
-
city
495
-
702
-
health
104
-
147
-
total
6 209
-
9 737
-
Employer
46 167
-
65 340
-
health
104
-
147
-
pensions
3 879
-
5 488
-
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.

923
-
1 307
-
total
4 906
-
6 942
-
Corporate
21 419
73 000
-
-
regional
4 530
15 440
-
-
national
1 821
6 205
-
-
total
6 351
21 645
-
-
Dividends
15 068
51 355
-
-
withholding
5 274
17 975
-
-
total
5 274
17 975
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 740
39 620
16 679
13 131
After tax
50 260
33 380
56 321
59 869
Living cost
39 450
39 450
39 450
39 450
Free-cash
10 810
-6 070
16 871
20 419

Estimated living cost  is ₴39450 per week

₴25654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3540
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴484
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.
₴9772
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
₴13237
₴24672
₴16130
₴21329
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.

-
-
-
20 915
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.

-
-
-
1 150
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.

-
-
-
3 408
trade
-
-
-
8 542
total
-
-
-
34 015
Employee

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

29 983
-
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.

194
-
1 150
-
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.

3 526
-
20 915
-
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.

3 408
-
3 408
-
total
7 128
-
25 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 017
73 000
-
-
income
6 452
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.

355
602
-
-
chamber of commerce
136
179
-
-
trade
7 377
12 520
-
-
total
14 320
24 251
-
-
Dividends
28 696
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.

384
660
-
-
withholding
6 984
11 997
-
-
total
7 368
12 657
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 816
36 908
25 473
34 015
After tax
44 184
36 092
47 527
38 985
Living cost
22 855
22 855
22 855
22 855
Free-cash
21 329
13 237
24 672
16 130

Estimated living cost  is ₴22855 per week

₴16692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
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.
₴4038
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
₴19722
₴24713
₴24310
₴22670
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
-
-
-
10 222
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 622
pensions
-
-
-
14 434
total
-
-
-
31 621
Employee
21 352
-
57 397
-
pensions
2 414
-
3 618
-
surtax
-
-
-
-
social contributions
609
-
1 636
-
income
1 260
-
10 361
-
total
4 283
-
15 615
-
Employer
21 352
-
57 397
-
health
1 495
-
4 869
-
pensions
3 508
-
6 158
-
unemployment
864
-
2 324
-
social contributions
64
-
172
-
other
737
-
2 080
-
total
6 668
-
15 603
-
Corporate
44 980
73 000
-
-
income
12 595
20 440
-
-
surtax
-
-
-
-
total
12 595
20 440
-
-
Dividends
32 385
52 560
-
-
surtax
-
-
-
-
social contributions
5 570
9 041
-
-
withholding
4 145
6 728
-
-
total
9 715
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 261
36 209
31 218
31 621
After tax
39 739
36 791
41 782
41 379
Living cost
17 069
17 069
17 069
17 069
Free-cash
22 670
19 722
24 713
24 310

Estimated living cost  is ₴17069 per week

₴10763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4629
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
₴21413
₴26404
₴26001
₴24186
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
-
-
-
10 222
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 622
pensions
-
-
-
14 434
total
-
-
-
31 621
Employee
19 060
-
57 397
-
pensions
2 156
-
3 618
-
surtax
-
-
-
-
social contributions
543
-
1 636
-
income
983
-
10 361
-
total
3 682
-
15 615
-
Employer
19 060
-
57 397
-
health
1 334
-
4 869
-
pensions
3 132
-
6 158
-
unemployment
772
-
2 324
-
social contributions
57
-
172
-
other
658
-
2 080
-
total
5 953
-
15 603
-
Corporate
47 988
73 000
-
-
income
13 436
20 440
-
-
surtax
-
-
-
-
total
13 436
20 440
-
-
Dividends
34 552
52 560
-
-
surtax
-
-
-
-
social contributions
5 943
9 041
-
-
withholding
4 422
6 728
-
-
total
10 365
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 436
36 209
31 218
31 621
After tax
39 564
36 791
41 782
41 379
Living cost
15 378
15 378
15 378
15 378
Free-cash
24 186
21 413
26 404
26 001

Estimated living cost  is ₴15378 per week

₴8918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4606
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
₴33956
₴35234
₴36302
₴34217
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
16 916
-
73 000
-
social contributions
2 335
-
10 074
-
income
2 821
-
12 018
-
health
1 181
-
5 095
-
total
6 337
-
27 187
-
Employer
16 916
-
73 000
-
total
-
-
-
-
Corporate
56 084
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%.

2 804
3 650
-
-
total
2 804
3 650
-
-
Dividends
53 280
69 350
-
-
social contributions
7 352
9 571
-
-
withholding
7 992
10 403
-
-
health
3 719
4 841
-
-
total
19 063
24 815
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 204
28 465
27 187
26 119
After tax
44 796
44 535
45 813
46 881
Living cost
10 579
10 579
10 579
10 579
Free-cash
34 217
33 956
35 234
36 302

Estimated living cost  is ₴10579 per week

₴7080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2603
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
₴22954
₴1596
₴19721
₴22184
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
-
-
-
17 009
surtax
-
-
-
98
unemployment
-
-
-
3 060
chamber of commerce
-
-
-
292
health
-
-
-
4 458
pensions
-
-
-
10 783
total
-
-
-
35 700
Employee
24 933
19 882
56 610
-
other
249
199
566
-
unemployment
748
596
1 698
-
pensions
2 553
2 036
5 797
-
income
2 838
1 467
13 505
-
health
965
770
2 191
-
total
7 353
5 068
23 757
-
Employer
24 933
19 882
56 610
-
chamber of commerce
99
80
226
-
health
942
752
2 140
-
pensions
3 129
2 496
7 104
-
accident
324
258
736
-
unemployment
748
596
1 698
-
surtax
98
98
98
-
payroll
748
596
1 698
-
other
1 184
944
2 689
-
total
7 272
5 820
16 389
-
Corporate
40 794
47 298
54 716
-
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.

10 198
11 824
13 679
-
total
10 198
11 824
13 679
-
Dividends
30 596
35 474
-
-
withholding
8 414
9 755
-
-
total
8 414
9 755
-
-
Income
73 000
73 000
73 000
73 000
Total tax
33 237
32 467
53 825
35 700
After tax
39 763
40 533
19 175
37 300
Living cost
17 579
17 579
17 579
17 579
Free-cash
22 184
22 954
1 596
19 721

Estimated living cost  is ₴17579 per week

₴11725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1500
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.
₴4066
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
₴22666
₴8341
₴13804
₴15184
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.

-
-
-
3 694
social contributions
-
-
-
11 432
national
-
-
-
25 879
total
-
-
-
41 005
Employee

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

35 687
-
56 543
-
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.

311
-
492
-
communal

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

1 861
-
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.

2 676
-
4 241
-
national
10 971
-
19 671
-
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.

1 677
-
2 658
-
total
17 496
-
30 011
-
Employer

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

35 687
-
56 543
-
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.

2 195
-
3 476
-
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.

3 162
-
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.

464
-
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.

521
-
826
-
surtax
4 046
-
6 411
-
total
10 388
-
16 457
-
Corporate
26 926
73 000
-
-
income
5 385
14 600
-
-
surtax
108
292
-
-
total
5 493
14 892
-
-
Dividends
21 433
58 109
-
-
withholding

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

6 248
17 251
-
-
total
6 248
17 251
-
-
Income
73 000
73 000
73 000
73 000
Total tax
39 625
32 143
46 468
41 005
After tax
33 375
40 857
26 532
31 995
Living cost
18 191
18 191
18 191
18 191
Free-cash
15 184
22 666
8 341
13 804

Estimated living cost  is ₴18191 per week

₴11717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1591
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.
₴4598
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
₴30822
₴20905
₴23116
₴27143
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
-
-
-
417
income
-
-
-
17 994
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 086
total
-
-
-
31 867
Employee
24 834
-
58 258
-
other
25
-
46
-
unemployment
385
-
717
-
pensions
1 167
-
2 174
-
income
5 240
-
16 399
-
total
6 817
-
19 336
-
Employer
24 834
-
58 258
-
pensions
5 860
-
10 913
-
accident
491
-
916
-
unemployment
1 366
-
2 543
-
other
198
-
370
-
total
7 915
-
14 742
-
Corporate
40 250
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.

6 037
10 950
-
-
total
6 037
10 950
-
-
Dividends
34 213
62 050
-
-
withholding
7 071
13 211
-
-
total
7 071
13 211
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 840
24 161
34 078
31 867
After tax
45 160
48 839
38 922
41 133
Living cost
18 017
18 017
18 017
18 017
Free-cash
27 143
30 822
20 905
23 116

Estimated living cost  is ₴18017 per week

₴13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3211
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
₴16396
₴13557
₴10645
₴10807
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
-
-
-
4 614
accident
-
-
-
615
income
-
-
-
10 324
surtax
-
-
-
3 619
health
-
-
-
5 129
pensions
-
-
-
10 942
total
-
-
-
35 243
Employee
37 781
-
65 207
-
pensions
3 022
-
5 217
-
surtax
2 316
-
3 996
-
income
3 649
-
12 425
-
health
1 681
-
2 901
-
total
10 668
-
24 539
-
Employer
37 781
-
65 207
-
health
1 152
-
1 988
-
pensions
3 022
-
5 217
-
accident
340
-
587
-
total
4 514
-
7 792
-
Corporate
30 705
73 000
-
-
communal
2 072
4 928
-
-
income
4 606
10 950
-
-
surtax
323
767
-
-
total
7 001
16 645
-
-
Dividends
23 703
56 355
-
-
income
9 343
4 393
-
-
withholding
3 555
8 454
-
-
total
12 898
12 847
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 081
29 492
32 331
35 243
After tax
37 919
43 508
40 669
37 757
Living cost
27 112
27 112
27 112
27 112
Free-cash
10 807
16 396
13 557
10 645

Estimated living cost  is ₴27112 per week

₴20338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1643
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.
₴4844
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
₴34711
₴21395
₴23435
₴33124
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
-
-
-
17 673
other
-
-
-
-
surtax
-
-
-
2 528
unemployment
-
-
-
114
health
-
-
-
4 727
pensions
-
-
-
13 317
total
-
-
-
38 359
Employee
16 801
-
60 306
-
other
-
-
-
-
unemployment
1 169
-
4 197
-
pensions
1 121
-
4 023
-
surtax
60
-
2 206
-
income
2 817
-
15 741
-
health
429
-
1 538
-
total
5 596
-
27 705
-
Employer
16 801
-
60 306
-
health
764
-
2 744
-
pensions
2 240
-
8 039
-
unemployment
533
-
1 911
-
other
-
-
-
-
total
3 537
-
12 694
-
Corporate
52 662
73 000
-
-
income
13 692
18 980
-
-
total
13 692
18 980
-
-
Dividends
38 970
54 020
-
-
withholding
5 845
8 103
-
-
total
5 845
8 103
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 670
27 083
40 399
38 359
After tax
44 330
45 917
32 601
34 641
Living cost
11 206
11 206
11 206
11 206
Free-cash
33 124
34 711
21 395
23 435

Estimated living cost  is ₴11206 per week

₴6766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3207
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
₴24931
₴18674
₴22065
₴23825
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
-
-
-
434
national
-
-
-
17 185
total
-
-
-
37 496
Employee
27 675
-
73 000
-
municipal
147
-
387
-
national
4 384
-
14 902
-
regional
373
-
982
-
social contributions
9 332
-
24 616
-
total
14 236
-
40 887
-
Employer
27 675
-
73 000
-
total
-
-
-
-
Corporate
45 325
73 000
-
-
municipal
2 252
3 628
-
-
nationa
10 878
17 520
-
-
total
13 130
21 148
-
-
Dividends
32 195
51 852
-
-
withholding
8 370
13 482
-
-
total
8 370
13 482
-
-
Income
73 000
73 000
73 000
73 000
Total tax
35 736
34 630
40 887
37 496
After tax
37 264
38 370
32 113
35 504
Living cost
13 439
13 439
13 439
13 439
Free-cash
23 825
24 931
18 674
22 065

Estimated living cost  is ₴13439 per week

₴8358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3490
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
₴35238
₴22023
₴23739
₴29879
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
-
-
-
6 840
social contributions
-
-
-
17 543
solidarity contribution
-
-
-
-
health
-
-
-
9 855
total
-
-
-
34 238
Employee
22 092
-
54 478
-
solidarity contribution
-
-
-
-
social contributions
1 436
-
3 541
-
income
2 651
-
6 537
-
health
2 982
-
7 354
-
total
7 069
-
17 432
-
Employer
22 092
-
54 478
-
health
1 988
-
4 903
-
social contributions
5 523
-
13 619
-
total
7 511
-
18 522
-
Corporate
43 396
73 000
-
-
income
8 245
13 870
-
-
total
8 245
13 870
-
-
Dividends
35 151
59 130
-
-
withholding
5 273
8 869
-
-
total
5 273
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 098
22 739
35 954
34 238
After tax
44 902
50 261
37 046
38 762
Living cost
15 023
15 023
15 023
15 023
Free-cash
29 879
35 238
22 023
23 739

Estimated living cost  is ₴15023 per week

₴11172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2759
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
₴24669
₴3273
₴21481
₴24422
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
-
-
-
17 009
surtax
-
-
-
-
unemployment
-
-
-
3 060
chamber of commerce
-
-
-
292
health
-
-
-
4 458
pensions
-
-
-
10 783
total
-
-
-
35 602
Employee
21 808
19 882
56 686
-
other
218
199
567
-
unemployment
654
596
1 700
-
pensions
2 233
2 036
5 805
-
income
1 943
1 467
13 532
-
health
844
770
2 194
-
total
5 892
5 068
23 798
-
Employer
21 808
19 882
56 686
-
chamber of commerce
87
80
226
-
health
825
752
2 143
-
pensions
2 737
2 496
7 114
-
accident
283
258
737
-
unemployment
654
596
1 700
-
surtax
-
-
-
-
payroll
654
596
1 700
-
other
1 036
944
2 693
-
total
6 276
5 722
16 313
-
Corporate
44 916
47 396
54 794
-
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.

11 229
11 849
13 699
-
total
11 229
11 849
13 699
-
Dividends
33 687
35 547
-
-
withholding
9 264
9 775
-
-
total
9 264
9 775
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 661
32 414
53 810
35 602
After tax
40 339
40 586
19 190
37 398
Living cost
15 917
15 917
15 917
15 917
Free-cash
24 422
24 669
3 273
21 481

Estimated living cost  is ₴15917 per week

₴9548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1626
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.
₴4459
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
₴63085
₴52135
₴66005
₴61911
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
7 831
-
73 000
-
income
1 566
-
14 600
-
total
1 566
-
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%.

65 169
73 000
-
-
total
-
-
-
-
Dividends
65 169
73 000
-
-
withholding
3 258
3 650
-
-
total
3 258
3 650
-
-
Income
73 000
73 000
73 000
73 000
Total tax
4 824
3 650
14 600
730
After tax
68 176
69 350
58 400
72 270
Living cost
6 265
6 265
6 265
6 265
Free-cash
61 911
63 085
52 135
66 005

Estimated living cost  is ₴6265 per week

₴4239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1552
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
₴36879
₴21094
₴23026
₴32708
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
-
-
-
15 967
unemployment
-
-
-
110
health
-
-
-
7 184
pensions
-
-
-
13 331
total
-
-
-
36 592
Employee

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

22 061
-
63 164
-
unemployment
31
-
88
-
pensions
3 420
-
9 790
-
income
3 804
-
14 730
-
health
1 425
-
4 081
-
total
8 680
-
28 689
-
Employer

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

22 061
-
63 164
-
health
1 469
-
4 207
-
pensions
1 952
-
5 590
-
unemployment
13
-
38
-
total
3 434
-
9 835
-
Corporate
47 504
73 000
-
-
income
9 025
13 870
-
-
total
9 025
13 870
-
-
Dividends
38 478
59 130
-
-
withholding
5 771
8 869
-
-
total
5 771
8 869
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 910
22 739
38 524
36 592
After tax
46 090
50 261
34 476
36 408
Living cost
13 382
13 382
13 382
13 382
Free-cash
32 708
36 879
21 094
23 026

Estimated living cost  is ₴13382 per week

₴9184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3082
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
₴23100
₴45189
₴29136
-₴649
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
30 560
-
-
-
social contributions
2 506
-
357
-
income
6 741
-
-
-
total
9 247
-
357
-
Employer
30 560
-
-
-
social contributions
43 089
-
6 141
-
total
43 089
-
6 141
-
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
52 336
28 587
6 498
22 551
After tax
20 664
44 413
66 502
50 449
Living cost
21 313
21 313
21 313
21 313
Free-cash
-649
23 100
45 189
29 136

Estimated living cost  is ₴21313 per week

₴13829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴5208
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
₴25873
₴18866
₴23960
₴25371
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
-
-
-
8 024
surtax
-
-
-
-
social contributions

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

-
-
-
25 367
total
-
-
-
33 391
Employee
22 945
-
58 990
-
surtax
-
-
-
-
social contributions
2 524
-
6 489
-
income
4 773
-
17 986
-
total
7 297
-
24 475
-
Employer
22 945
-
58 990
-
social contributions
5 450
-
14 010
-
total
5 450
-
14 010
-
Corporate
44 605
73 000
-
-
income
9 367
15 330
-
-
surtax
-
-
-
-
total
9 367
15 330
-
-
Dividends
35 238
57 670
-
-
withholding
9 866
16 148
-
-
total
9 866
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 980
31 478
38 485
33 391
After tax
41 020
41 522
34 515
39 609
Living cost
15 649
15 649
15 649
15 649
Free-cash
25 371
25 873
18 866
23 960

Estimated living cost  is ₴15649 per week

₴11709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴923
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.
₴2756
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
₴12695
₴17686
₴17283
₴16127
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
-
-
-
10 222
other
-
-
-
2 263
surtax
-
-
-
-
social contributions
-
-
-
2 080
health
-
-
-
2 622
pensions
-
-
-
14 434
total
-
-
-
31 621
Employee
31 247
-
57 397
-
pensions
3 534
-
3 618
-
surtax
-
-
-
-
social contributions
890
-
1 636
-
income
2 726
-
10 361
-
total
7 150
-
15 615
-
Employer
31 247
-
57 397
-
health
2 187
-
4 869
-
pensions
5 134
-
6 158
-
unemployment
1 266
-
2 324
-
social contributions
94
-
172
-
other
1 078
-
2 080
-
total
9 759
-
15 603
-
Corporate
31 994
73 000
-
-
income
8 958
20 440
-
-
surtax
-
-
-
-
total
8 958
20 440
-
-
Dividends
23 036
52 560
-
-
surtax
-
-
-
-
social contributions
3 962
9 041
-
-
withholding
2 948
6 728
-
-
total
6 910
15 769
-
-
Income
73 000
73 000
73 000
73 000
Total tax
32 777
36 209
31 218
31 621
After tax
40 223
36 791
41 782
41 379
Living cost
24 096
24 096
24 096
24 096
Free-cash
16 127
12 695
17 686
17 283

Estimated living cost  is ₴24096 per week

₴16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴5486
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
₴50703
₴41218
₴39278
₴49027
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
-
-
-
2 664
social contributions
-
-
-
16 061
total
-
-
-
18 725
Employee
16 039
-
63 204
-
income
-
-
2 880
-
social contributions
1 042
-
4 109
-
total
1 042
-
6 989
-
Employer
16 039
-
63 204
-
social contributions
2 486
-
9 796
-
total
2 486
-
9 796
-
Corporate
54 475
73 000
-
-
income
5 448
7 300
-
-
total
5 448
7 300
-
-
Dividends
49 027
65 700
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
8 976
7 300
16 785
18 725
After tax
64 024
65 700
56 215
54 275
Living cost
14 997
14 997
14 997
14 997
Free-cash
49 027
50 703
41 218
39 278

Estimated living cost  is ₴14997 per week

₴9697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
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.
₴3887
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
-₴35704
-₴35704
₴19887
-₴35704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
labour market
-
-
-
5 805
municipal
-
-
-
14 764
national
-
-
-
8 084
pensions
-
-
-
432
total
-
-
-
29 085
Employee
101 418
101 418
101 418
-
municipal
21 596
21 596
21 596
-
labour market
8 102
8 102
8 102
-
pensions
144
144
144
-
national
12 390
12 390
12 390
-
total
42 232
42 232
42 232
-
Employer
101 418
101 418
101 418
-
national
12 412
12 412
12 412
-
labour market
8 113
8 113
8 113
-
pensions
288
288
288
-
municipal
21 631
21 631
21 631
-
total
42 444
42 444
42 444
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
73 000
73 000
73 000
73 000
Total tax
84 676
84 676
84 676
29 085
After tax
-11 676
-11 676
-11 676
43 915
Living cost
24 028
24 028
24 028
24 028
Free-cash
-35 704
-35 704
-35 704
19 887

Estimated living cost  is ₴24028 per week

₴16445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴370
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.
₴5088
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
-₴5059
₴28113
₴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
-
-
-
128
income
-
-
-
19 513
other
-
-
-
188
health
-
-
-
1 104
pensions
-
-
-
2 106
total
-
-
-
23 039
Employee
17 259
-
64 755
-
pensions
1 944
-
3 862
-
income
2 368
-
14 395
-
health
1 976
-
7 414
-
total
6 288
-
25 671
-
Employer
17 259
-
64 755
-
pensions
2 806
-
5 577
-
accident
288
-
1 081
-
unemployment
423
-
1 586
-
total
3 517
-
8 244
-
Corporate
52 223
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.

47 001
65 700
-
-
total
47 001
65 700
-
-
Dividends
5 222
7 300
-
-
withholding
992
1 387
-
-
total
992
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
57 798
67 087
33 915
23 039
After tax
15 202
5 913
39 085
49 961
Living cost
10 972
10 972
10 972
10 972
Free-cash
4 230
-5 059
28 113
38 989

Estimated living cost  is ₴10972 per week

₴7986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2154
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
₴27514
₴20086
₴30092
₴28410
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
-
-
-
916
municipal
-
-
-
12 975
national
-
-
-
9 863
total
-
-
-
23 754
Employee
26 248
-
61 412
-
municipal
4 299
-
10 009
-
unemployment
394
-
921
-
pensions
1 771
-
4 145
-
national
434
-
6 358
-
health
196
-
738
-
total
7 094
-
22 171
-
Employer
26 248
-
61 412
-
health
202
-
472
-
pensions
4 554
-
10 655
-
accident
27
-
62
-
unemployment
170
-
400
-
total
4 953
-
11 589
-
Corporate
41 799
73 000
-
-
income
8 360
14 600
-
-
total
8 360
14 600
-
-
Dividends

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

25 080
43 800
-
-
municipal
4 514
7 884
-
-
national
515
3 848
-
-
total
5 029
11 732
-
-
Income
73 000
73 000
73 000
73 000
Total tax
25 436
26 332
33 760
23 754
After tax
47 564
46 668
39 240
49 246
Living cost
19 154
19 154
19 154
19 154
Free-cash
28 410
27 514
20 086
30 092

Estimated living cost  is ₴19154 per week

₴12511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4496
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
₴41752
₴38407
₴39090
₴39038
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
-
-
-
12 426
social contributions
-
-
-
8 072
health
-
-
-
1 861
total
-
-
-
22 359
Employee
38 363
38 363
67 458
-
social contributions
1 450
3 184
4 294
-
income
4 177
3 551
12 059
-
health
297
652
1 147
-
total
5 924
7 387
17 500
-
Employer
38 363
38 363
67 458
-
health
323
710
1 248
-
social contributions
1 450
3 184
4 294
-
total
1 773
3 894
5 542
-
Corporate
53 751
30 743
-
-
income
6 719
3 843
-
-
total
6 719
3 843
-
-
Dividends
47 032
26 900
-
-
withholding
7 995
4 573
-
-
total
7 995
4 573
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 411
19 697
23 042
22 359
After tax
50 589
53 303
49 958
50 641
Living cost
11 551
11 551
11 551
11 551
Free-cash
39 038
41 752
38 407
39 090

Estimated living cost  is ₴11551 per week

₴6923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
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.
₴3240
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
₴52530
₴42772
₴52782
₴49993
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
-
-
-
7 304
unemployment
-
-
-
14
health
-
-
-
1 805
pensions
-
-
-
3 174
total
-
-
-
12 297
Employee

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

11 451
-
68 124
-
unemployment
57
-
237
-
pensions
1 717
-
7 101
-
income
783
-
6 068
-
health
973
-
4 024
-
total
3 530
-
17 430
-
Employer

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

11 451
-
68 124
-
health
492
-
2 036
-
pensions
630
-
2 604
-
unemployment
57
-
237
-
total
1 179
-
4 877
-
Corporate
60 370
73 000
-
-
income
5 433
6 570
-
-
total
5 433
6 570
-
-
Dividends
54 936
66 430
-
-
withholding
4 944
5 979
-
-
total
4 944
5 979
-
-
Income
73 000
73 000
73 000
73 000
Total tax
15 086
12 549
22 307
12 297
After tax
57 914
60 451
50 693
60 703
Living cost
7 921
7 921
7 921
7 921
Free-cash
49 993
52 530
42 772
52 782

Estimated living cost  is ₴7921 per week

₴5054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴571
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.
₴2060
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
₴35120
₴25203
₴27414
₴32798
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
-
-
-
417
income
-
-
-
17 994
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 086
total
-
-
-
31 867
Employee
18 447
-
58 258
-
other
18
-
46
-
unemployment
286
-
717
-
pensions
867
-
2 174
-
income
3 556
-
16 399
-
total
4 727
-
19 336
-
Employer
18 447
-
58 258
-
pensions
4 353
-
10 913
-
accident
365
-
916
-
unemployment
1 015
-
2 543
-
other
148
-
370
-
total
5 881
-
14 742
-
Corporate
48 672
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.

7 300
10 950
-
-
total
7 300
10 950
-
-
Dividends
41 371
62 050
-
-
withholding
8 575
13 211
-
-
total
8 575
13 211
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 483
24 161
34 078
31 867
After tax
46 517
48 839
38 922
41 133
Living cost
13 719
13 719
13 719
13 719
Free-cash
32 798
35 120
25 203
27 414

Estimated living cost  is ₴13719 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1319
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.
₴2900
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
₴44542
₴45775
₴45847
₴44376
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
-
-
-
24 872
health
-
-
-
534
pensions
-
-
-
737
total
-
-
-
26 143
Employee
1 539
-
72 171
-
unemployment
15
-
37
-
pensions
139
-
332
-
income
298
-
24 833
-
health
77
-
184
-
total
529
-
25 386
-
Employer
1 539
-
72 171
-
health
146
-
350
-
pensions
169
-
405
-
unemployment
31
-
74
-
total
346
-
829
-
Corporate
71 115
73 000
-
-
income
15 645
16 060
-
-
total
15 645
16 060
-
-
Dividends
55 469
56 940
-
-
withholding
11 094
11 388
-
-
total
11 094
11 388
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 614
27 448
26 215
26 143
After tax
45 386
45 552
46 785
46 857
Living cost
1 010
1 010
1 010
1 010
Free-cash
44 376
44 542
45 775
45 847

Estimated living cost  is ₴1010 per week

₴600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴305
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
₴44115
₴34268
₴34269
₴41660
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
-
-
-
16 166
unemployment
-
-
-
553
health
-
-
-
3 798
pensions
-
-
-
9 586
total
-
-
-
30 103
Employee

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

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

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

13 010
-
66 400
-
unemployment
98
-
277
-
pensions
1 821
-
5 162
-
income
1 793
-
16 166
-
health
670
-
1 899
-
total
4 382
-
23 504
-
Employer

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

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

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

13 010
-
66 400
-
health
670
-
1 899
-
pensions
1 561
-
4 424
-
unemployment
98
-
277
-
total
2 329
-
6 600
-
Corporate
57 661
73 000
-
-
income
8 649
10 950
-
-
total
8 649
10 950
-
-
Dividends
49 012
62 050
-
-
withholding
7 352
9 307
-
-
total
7 352
9 307
-
-
Income
73 000
73 000
73 000
73 000
Total tax
22 712
20 257
30 104
30 103
After tax
50 288
52 743
42 896
42 897
Living cost
8 628
8 628
8 628
8 628
Free-cash
41 660
44 115
34 268
34 269

Estimated living cost  is ₴8628 per week

₴5809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1902
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
₴28072
₴21065
₴26159
₴27894
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
-
-
-
8 024
surtax
-
-
-
-
social contributions

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

-
-
-
25 367
total
-
-
-
33 391
Employee
19 363
-
58 990
-
surtax
-
-
-
-
social contributions
2 130
-
6 489
-
income
3 783
-
17 986
-
total
5 913
-
24 475
-
Employer
19 363
-
58 990
-
social contributions
4 598
-
14 010
-
total
4 598
-
14 010
-
Corporate
49 038
73 000
-
-
income
10 298
15 330
-
-
surtax
-
-
-
-
total
10 298
15 330
-
-
Dividends
38 740
57 670
-
-
withholding
10 847
16 148
-
-
total
10 847
16 148
-
-
Income
73 000
73 000
73 000
73 000
Total tax
31 656
31 478
38 485
33 391
After tax
41 344
41 522
34 515
39 609
Living cost
13 450
13 450
13 450
13 450
Free-cash
27 894
28 072
21 065
26 159

Estimated living cost  is ₴13450 per week

₴9526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴934
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.
₴2751
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
₴31305
₴21388
₴23599
₴27796
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
-
-
-
417
income
-
-
-
17 994
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 086
total
-
-
-
31 867
Employee
24 095
-
58 258
-
other
24
-
46
-
unemployment
373
-
717
-
pensions
1 132
-
2 174
-
income
5 032
-
16 399
-
total
6 561
-
19 336
-
Employer
24 095
-
58 258
-
pensions
5 686
-
10 913
-
accident
477
-
916
-
unemployment
1 325
-
2 543
-
other
193
-
370
-
total
7 681
-
14 742
-
Corporate
41 224
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.

6 183
10 950
-
-
total
6 183
10 950
-
-
Dividends
35 040
62 050
-
-
withholding
7 245
13 211
-
-
total
7 245
13 211
-
-
Income
73 000
73 000
73 000
73 000
Total tax
27 670
24 161
34 078
31 867
After tax
45 330
48 839
38 922
41 133
Living cost
17 534
17 534
17 534
17 534
Free-cash
27 796
31 305
21 388
23 599

Estimated living cost  is ₴17534 per week

₴12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
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.
₴3332
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
₴53831
₴51513
₴48812
₴50790
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
-
-
-
70
health
-
-
-
2 004
pensions

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

-
-
-
2 580
total
-
-
-
15 604
Employee
11 367
-
69 580
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

998
-
1 530
-
income
1 137
-
6 958
-
health
523
-
802
-
total
2 783
-
9 482
-
Employer
11 367
-
69 580
-
health
784
-
1 203
-
pensions

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

1 253
-
1 921
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 230
-
3 421
-
Corporate
59 403
73 000
-
-
income
5 940
7 300
-
-
total
5 940
7 300
-
-
Dividends
53 463
65 700
-
-
withholding
2 673
3 285
-
-
total
2 673
3 285
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 626
10 585
12 903
15 604
After tax
59 374
62 415
60 097
57 396
Living cost
8 584
8 584
8 584
8 584
Free-cash
50 790
53 831
51 513
48 812

Estimated living cost  is ₴8584 per week

₴5677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2211
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
₴18332
₴28266
₴21119
₴24858
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.

-
-
-
20 915
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.

-
-
-
1 150
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.

-
-
-
3 408
trade
-
-
-
7 147
total
-
-
-
32 620
Employee

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

24 823
-
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.

113
-
1 150
-
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.

2 041
-
20 915
-
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.

3 408
-
3 408
-
total
5 562
-
25 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 177
73 000
-
-
income
7 227
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.

398
602
-
-
chamber of commerce
147
183
-
-
trade
6 913
10 476
-
-
total
14 685
22 211
-
-
Dividends
33 493
50 789
-
-
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.

450
688
-
-
withholding
8 184
12 508
-
-
total
8 634
13 196
-
-
Income
73 000
73 000
73 000
73 000
Total tax
28 881
35 407
25 473
32 620
After tax
44 119
37 593
47 527
40 380
Living cost
19 261
19 261
19 261
19 261
Free-cash
24 858
18 332
28 266
21 119

Estimated living cost  is ₴19261 per week

₴13287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2072
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.
₴3622
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
₴22680
₴11793
₴11793
₴23782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
73 000
income
-
-
-
20 954
social contributions
-
-
-
11 834
total
-
-
-
32 788
Employee
39 025
-
73 000
-
income
7 364
-
20 954
-
social contributions
3 242
-
11 834
-
total
10 606
-
32 788
-
Employer
39 025
-
73 000
-
total
-
-
-
-
Corporate
33 975
73 000
-
-
income
4 247
9 125
-
-
total
4 247
9 125
-
-
Dividends
29 728
63 875
-
-
withholding
5 946
12 776
-
-
total
5 946
12 776
-
-
Income
73 000
73 000
73 000
73 000
Total tax
20 799
21 901
32 788
32 788
After tax
52 201
51 099
40 212
40 212
Living cost
28 419
28 419
28 419
28 419
Free-cash
23 782
22 680
11 793
11 793

Estimated living cost  is ₴28419 per week

₴21621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴4211
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
₴26704
₴34702
₴37666
₴28448
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
-
-
-
14 201
health

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

-
-
-
3 023
total
-
-
-
17 224
Employee
22 887
-
70 705
-
income
2 483
-
15 598
-
social contributions
2 293
-
2 295
-
total
4 776
-
17 893
-
Employer
22 887
-
70 705
-
social contributions
2 293
-
2 295
-
total
2 293
-
2 295
-
Corporate
47 820
73 000
-
-
income
16 737
25 550
-
-
total
16 737
25 550
-
-
Dividends
31 084
47 450
-
-
social contributions
2 636
2 636
-
-
total
2 636
2 636
-
-
Income
73 000
73 000
73 000
73 000
Total tax
26 442
28 186
20 188
17 224
After tax
46 558
44 814
52 812
55 776
Living cost
18 110
18 110
18 110
18 110
Free-cash
28 448
26 704
34 702
37 666

Estimated living cost  is ₴18110 per week

₴11929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4475
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
₴30818
₴24250
₴30942
₴33254
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
-
-
-
19 242
pensions
-
-
-
4 203
total
-
-
-
23 445
Employee
25 549
-
63 911
-
pensions
1 950
-
5 282
-
income
4 653
-
14 780
-
health
333
-
986
-
total
6 936
-
21 048
-
Employer
25 549
-
63 911
-
health
486
-
1 214
-
pensions
2 581
-
7 875
-
total
3 067
-
9 089
-
Corporate
44 384
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.

8 434
13 870
-
-
total
8 434
13 870
-
-
Dividends
35 951
59 130
-
-
withholding
2 696
9 699
-
-
total
2 696
9 699
-
-
Income
73 000
73 000
73 000
73 000
Total tax
21 133
23 569
30 137
23 445
After tax
51 867
49 431
42 863
49 555
Living cost
18 613
18 613
18 613
18 613
Free-cash
33 254
30 818
24 250
30 942

Estimated living cost  is ₴18613 per week

₴12768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1712
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.
₴3899
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
-₴6145
₴27027
₴37903
₴4063
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
-
-
-
128
income
-
-
-
19 513
other
-
-
-
188
health
-
-
-
1 104
pensions
-
-
-
2 106
total
-
-
-
23 039
Employee
18 968
-
64 755
-
pensions
2 136
-
3 862
-
income
2 602
-
14 395
-
health
2 172
-
7 414
-
total
6 910
-
25 671
-
Employer
18 968
-
64 755
-
pensions
3 084
-
5 577
-
accident
317
-
1 081
-
unemployment
465
-
1 586
-
total
3 866
-
8 244
-
Corporate
50 167
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.

45 150
65 700
-
-
total
45 150
65 700
-
-
Dividends
5 017
7 300
-
-
withholding
953
1 387
-
-
total
953
1 387
-
-
Income
73 000
73 000
73 000
73 000
Total tax
56 879
67 087
33 915
23 039
After tax
16 121
5 913
39 085
49 961
Living cost
12 058
12 058
12 058
12 058
Free-cash
4 063
-6 145
27 027
37 903

Estimated living cost  is ₴12058 per week

₴8849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2263
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
₴54689
₴43478
₴34374
₴52356
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
-
-
-
11 811
unemployment
-
-
-
876
work injury
-
-
-
365
health insurance
-
-
-
5 402
pensions
-
-
-
13 432
total
-
-
-
31 886
Employee

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

10 784
-
73 000
-
health insurance
798
-
2 952
-
unemployment
129
-
479
-
work injury
54
-
199
-
pensions
1 984
-
7 341
-
income
1 078
-
11 811
-
total
4 043
-
22 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 216
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%.

622
730
-
-
total
622
730
-
-
Dividends
61 594
72 270
-
-
withholding
9 239
10 841
-
-
total
9 239
10 841
-
-
Income
73 000
73 000
73 000
73 000
Total tax
13 904
11 571
22 782
31 886
After tax
59 096
61 429
50 218
41 114
Living cost
6 740
6 740
6 740
6 740
Free-cash
52 356
54 689
43 478
34 374

Estimated living cost  is ₴6740 per week

₴4175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1864
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
₴18577
₴11730
₴15021
₴16307
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
-
-
-
1 655
municipal
-
-
-
488
national
-
-
-
17 185
total
-
-
-
38 104
Employee
42 040
-
73 000
-
municipal
251
-
436
-
national
7 104
-
14 902
-
regional
635
-
1 441
-
social contributions
14 176
-
24 616
-
total
22 166
-
41 395
-
Employer
42 040
-
73 000
-
total
-
-
-
-
Corporate
30 960
73 000
-
-
municipal
1 492
3 518
-
-
nationa
7 430
17 520
-
-
total
8 922
21 038
-
-
Dividends
22 037
51 962
-
-
withholding
5 730
13 510
-
-
total
5 730
13 510
-
-
Income
73 000
73 000
73 000
73 000
Total tax
36 818
34 548
41 395
38 104
After tax
36 182
38 452
31 605
34 896
Living cost
19 875
19 875
19 875
19 875
Free-cash
16 307
18 577
11 730
15 021

Estimated living cost  is ₴19875 per week

₴13961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4246
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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