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
₴ 74000
per

Your estimated
City
free-cash

Valencia , Spain
₴39370
₴31656
₴32934
₴40713
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
-
-
-
74 000
unemployment
-
-
-
197
income
-
-
-
24 239
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
32 699
Employee
11 251
-
65 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
23 195
-
other
11
-
28
-
total
2 883
-
24 986
-
Employer
11 251
-
65 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
59 162
74 000
-
-
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.

8 874
11 100
-
-
total
8 874
11 100
-
-
Dividends
50 288
62 900
-
-
withholding
10 919
13 820
-
-
total
10 919
13 820
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 263
24 920
33 977
32 699
After tax
47 737
49 080
40 023
41 301
Living cost
8 367
8 367
8 367
8 367
Free-cash
39 370
40 713
31 656
32 934

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴44206
₴36576
₴37175
₴46260
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
-
-
-
74 000
pensions

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

-
-
-
11 105
income
-
-
-
13 378
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
28 717
Employee
11 048
-
62 213
-
health
155
-
648
-
unemployment
110
-
463
-
pensions

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

773
-
3 239
-
income
1 902
-
13 178
-
total
2 940
-
17 528
-
Employer
11 048
-
62 213
-
health
155
-
648
-
pensions

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

1 878
-
7 866
-
accident
88
-
498
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 788
-
Corporate
60 168
74 000
-
-
income
12 635
15 540
-
-
total
12 635
15 540
-
-
Dividends
47 533
58 460
-
-
withholding
3 327
4 092
-
-
total
3 327
4 092
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 686
19 632
29 316
28 717
After tax
52 314
54 368
44 684
45 283
Living cost
8 108
8 108
8 108
8 108
Free-cash
44 206
46 260
36 576
37 175

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴57870
₴59197
₴56077
₴59283
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
-
-
-
74 000
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
11 100
health
-
-
-
1 222
total
-
-
-
13 936
Employee
5 280
-
71 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
7 192
-
total
1 293
-
8 731
-
Employer
5 280
-
71 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
67 684
74 000
-
-
income
6 768
7 400
-
-
total
6 768
7 400
-
-
Dividends
60 916
66 600
-
-
withholding
3 046
3 330
-
-
total
3 046
3 330
-
-
Income
74 000
74 000
74 000
74 000
Total tax
12 143
10 730
10 816
13 936
After tax
61 857
63 270
63 184
60 064
Living cost
3 987
3 987
3 987
3 987
Free-cash
57 870
59 283
59 197
56 077

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴28684
₴27084
₴29603
₴26886
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
-
-
-
74 000
income
-
-
-
14 568
other
-
-
-
2 294
health
-
-
-
3 766
social contributions
-
-
-
2 109
pensions
-
-
-
11 250
surtax
-
-
-
-
total
-
-
-
33 987
Employee
13 022
-
56 203
-
pensions
1 472
-
4 352
-
income
769
-
12 756
-
social contributions
371
-
1 601
-
surtax
-
-
-
-
total
2 612
-
18 709
-
Employer
13 022
-
56 203
-
health
912
-
5 725
-
social contributions
39
-
169
-
pensions
2 139
-
7 246
-
unemployment
527
-
2 276
-
other
449
-
2 381
-
total
4 066
-
17 797
-
Corporate
56 911
74 000
-
-
income
15 935
20 720
-
-
surtax
-
-
-
-
total
15 935
20 720
-
-
Dividends
40 976
53 280
-
-
social contributions
7 048
9 164
-
-
surtax
-
-
-
-
withholding
5 245
6 820
-
-
total
12 293
15 984
-
-
Income
74 000
74 000
74 000
74 000
Total tax
34 906
36 704
36 506
33 987
After tax
39 094
37 296
37 494
40 013
Living cost
10 410
10 410
10 410
10 410
Free-cash
28 684
26 886
27 084
29 603

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴22333
₴34571
₴26688
₴24197
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
-
-
-
74 000
pensions
-
-
-
3 565
income
-
-
-
27 249
health
-
-
-
3 752
total
-
-
-
34 566
Employee
25 983
25 983
68 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
13 712
-
total
12 918
11 210
21 029
-
Employer
25 983
25 983
68 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
43 785
43 467
-
-
income
8 757
8 693
-
-
total
8 757
8 693
-
-
Dividends
35 028
34 773
-
-
income
7 443
7 389
-
-
withholding
5 254
5 216
-
-
total
12 697
12 605
-
-
Income
74 000
74 000
74 000
74 000
Total tax
38 921
37 057
26 683
34 566
After tax
35 079
36 943
47 317
39 434
Living cost
12 746
12 746
12 746
12 746
Free-cash
22 333
24 197
34 571
26 688

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴31438
₴36186
₴26759
₴28074
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.

-
-
-
74 000
trade
-
-
-
9 427
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.

-
-
-
25 137
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 382
total
-
-
-
38 025
Employee

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

11 638
-
74 000
-
health

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

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

2 079
-
2 079
-
income

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

325
-
25 137
-
surtax

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

18
-
1 382
-
total
2 422
-
28 598
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 362
74 000
-
-
income
9 355
11 100
-
-
trade
9 822
11 655
-
-
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.

514
610
-
-
chamber of commerce
136
152
-
-
total
19 827
23 517
-
-
Dividends
42 535
50 482
-
-
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.

579
688
-
-
withholding
10 518
12 505
-
-
total
11 097
13 193
-
-
Income
74 000
74 000
74 000
74 000
Total tax
33 346
36 710
28 598
38 025
After tax
40 654
37 290
45 402
35 975
Living cost
9 216
9 216
9 216
9 216
Free-cash
31 438
28 074
36 186
26 759

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴45216
₴41918
₴42512
₴46871
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
-
-
-
74 000
income
-
-
-
17 633
health
-
-
-
1 887
social contributions
-
-
-
4 923
total
-
-
-
24 443
Employee
23 397
23 397
70 085
-
health
181
398
1 191
-
income
2 548
2 166
17 312
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
21 122
-
Employer
23 397
23 397
70 085
-
health
197
433
1 296
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 915
-
Corporate
62 260
48 228
-
-
income
7 782
6 029
-
-
total
7 782
6 029
-
-
Dividends
54 478
42 199
-
-
withholding
9 261
7 174
-
-
total
9 261
7 174
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 739
20 084
25 037
24 443
After tax
52 261
53 916
48 963
49 557
Living cost
7 045
7 045
7 045
7 045
Free-cash
45 216
46 871
41 918
42 512

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴32241
₴22790
₴28777
₴32547
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.

-
-
-
74 000
income
-
-
-
9 964
social contributions

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

-
-
-
25 715
surtax
-
-
-
-
total
-
-
-
35 679
Employee
13 994
-
59 798
-
income
2 911
-
20 710
-
social contributions
1 539
-
6 578
-
surtax
-
-
176
-
total
4 450
-
27 464
-
Employer
13 994
-
59 798
-
social contributions
3 324
-
14 202
-
total
3 324
-
14 202
-
Corporate
56 682
74 000
-
-
income
11 903
15 540
-
-
surtax
-
-
-
-
total
11 903
15 540
-
-
Dividends
44 779
58 460
-
-
withholding
12 538
16 369
-
-
total
12 538
16 369
-
-
Income
74 000
74 000
74 000
74 000
Total tax
32 215
31 909
41 666
35 679
After tax
41 785
42 091
32 334
38 321
Living cost
9 544
9 544
9 544
9 544
Free-cash
32 241
32 547
22 790
28 777

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴67500
₴56842
₴70902
₴67942
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%.

-
-
-
74 000
microenterprise

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

-
-
-
740
total
-
-
-
740
Employee
2 948
-
74 000
-
income
589
-
14 800
-
total
589
-
14 800
-
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%.

71 052
74 000
-
-
total
-
-
-
-
Dividends
71 052
74 000
-
-
withholding
3 553
3 700
-
-
total
3 553
3 700
-
-
Income
74 000
74 000
74 000
74 000
Total tax
4 142
3 700
14 800
740
After tax
69 858
70 300
59 200
73 260
Living cost
2 358
2 358
2 358
2 358
Free-cash
67 500
67 942
56 842
70 902

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴40243
₴24002
₴25609
₴42788
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.

-
-
-
74 000
pensions
-
-
-
13 514
unemployment
-
-
-
111
income
-
-
-
19 323
health
-
-
-
7 282
total
-
-
-
40 230
Employee

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

13 455
-
64 030
-
health
869
-
4 137
-
unemployment
19
-
89
-
pensions
2 086
-
9 925
-
income
2 320
-
17 716
-
total
5 294
-
31 867
-
Employer

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

13 455
-
64 030
-
health
896
-
4 264
-
pensions
1 191
-
5 667
-
unemployment
8
-
39
-
total
2 095
-
9 970
-
Corporate
58 450
74 000
-
-
income
11 105
14 060
-
-
total
11 105
14 060
-
-
Dividends
47 345
59 940
-
-
withholding
7 102
8 991
-
-
total
7 102
8 991
-
-
Income
74 000
74 000
74 000
74 000
Total tax
25 596
23 051
41 837
40 230
After tax
48 404
50 949
32 163
33 770
Living cost
8 161
8 161
8 161
8 161
Free-cash
40 243
42 788
24 002
25 609

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴36511
₴40324
₴49931
₴35447
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.

-
-
-
74 000
income
-
-
-
11 100
health

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

-
-
-
1 924
total
-
-
-
13 024
Employee
13 958
-
72 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
19 831
-
total
2 913
-
21 231
-
Employer
13 958
-
72 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
58 643
74 000
-
-
income
20 525
25 900
-
-
total
20 525
25 900
-
-
Dividends
38 118
48 100
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 444
27 508
22 631
13 024
After tax
47 556
46 492
51 369
60 976
Living cost
11 045
11 045
11 045
11 045
Free-cash
36 511
35 447
40 324
49 931

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴38852
₴38945
₴41071
₴38694
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
-
-
-
74 000
income
-
-
-
11 100
health
-
-
-
5 165
social contributions
-
-
-
10 212
total
-
-
-
26 477
Employee
10 317
-
74 000
-
health
720
-
5 165
-
income
1 721
-
13 226
-
social contributions
1 424
-
10 212
-
total
3 865
-
28 603
-
Employer
10 317
-
74 000
-
total
-
-
-
-
Corporate
63 683
74 000
-
-
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%.

3 184
3 700
-
-
total
3 184
3 700
-
-
Dividends
60 499
70 300
-
-
social contributions
8 349
9 702
-
-
withholding
9 075
10 545
-
-
health
4 223
4 907
-
-
total
21 647
25 154
-
-
Income
74 000
74 000
74 000
74 000
Total tax
28 696
28 854
28 603
26 477
After tax
45 304
45 146
45 397
47 523
Living cost
6 452
6 452
6 452
6 452
Free-cash
38 852
38 694
38 945
41 071

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴39394
₴32674
₴36037
₴42432
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
-
-
-
74 000
income
-
-
-
8 110
health
-
-
-
9 990
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 400
total
-
-
-
29 446
Employee
12 525
-
60 078
-
health
1 691
-
8 111
-
solidarity contribution
-
-
1 099
-
income
1 503
-
7 463
-
social contributions
814
-
2 214
-
total
4 008
-
18 887
-
Employer
12 525
-
60 078
-
health
1 127
-
5 407
-
social contributions
3 131
-
8 515
-
total
4 258
-
13 922
-
Corporate
57 216
74 000
-
-
income
10 871
14 060
-
-
total
10 871
14 060
-
-
Dividends
46 345
59 940
-
-
withholding
6 952
8 991
-
-
total
6 952
8 991
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 089
23 051
32 809
29 446
After tax
47 911
50 949
41 191
44 554
Living cost
8 517
8 517
8 517
8 517
Free-cash
39 394
42 432
32 674
36 037

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴65936
₴55525
₴69585
₴66625
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%.

-
-
-
74 000
microenterprise

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

-
-
-
740
total
-
-
-
740
Employee
4 594
-
74 000
-
income
919
-
14 800
-
total
919
-
14 800
-
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%.

69 406
74 000
-
-
total
-
-
-
-
Dividends
69 406
74 000
-
-
withholding
3 470
3 700
-
-
total
3 470
3 700
-
-
Income
74 000
74 000
74 000
74 000
Total tax
4 389
3 700
14 800
740
After tax
69 611
70 300
59 200
73 260
Living cost
3 675
3 675
3 675
3 675
Free-cash
65 936
66 625
55 525
69 585

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴24691
₴22798
₴25317
₴22600
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
-
-
-
74 000
income
-
-
-
14 568
other
-
-
-
2 294
health
-
-
-
3 766
social contributions
-
-
-
2 109
pensions
-
-
-
11 250
surtax
-
-
-
-
total
-
-
-
33 987
Employee
19 057
-
56 203
-
pensions
2 155
-
4 352
-
income
1 663
-
12 756
-
social contributions
543
-
1 601
-
surtax
-
-
-
-
total
4 361
-
18 709
-
Employer
19 057
-
56 203
-
health
1 334
-
5 725
-
social contributions
57
-
169
-
pensions
3 131
-
7 246
-
unemployment
772
-
2 276
-
other
658
-
2 381
-
total
5 952
-
17 797
-
Corporate
48 991
74 000
-
-
income
13 718
20 720
-
-
surtax
-
-
-
-
total
13 718
20 720
-
-
Dividends
35 274
53 280
-
-
social contributions
6 067
9 164
-
-
surtax
-
-
-
-
withholding
4 515
6 820
-
-
total
10 582
15 984
-
-
Income
74 000
74 000
74 000
74 000
Total tax
34 613
36 704
36 506
33 987
After tax
39 387
37 296
37 494
40 013
Living cost
14 696
14 696
14 696
14 696
Free-cash
24 691
22 600
22 798
25 317

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴46728
₴43046
₴43047
₴48219
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.

-
-
-
74 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
17 233
health
-
-
-
2 309
total
-
-
-
25 707
Employee

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

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

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

7 911
-
69 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
17 233
-
total
2 664
-
21 695
-
Employer

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

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

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

7 911
-
69 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
64 673
74 000
-
-
income
9 701
11 100
-
-
total
9 701
11 100
-
-
Dividends
54 972
62 900
-
-
withholding
8 246
9 435
-
-
total
8 246
9 435
-
-
Income
74 000
74 000
74 000
74 000
Total tax
22 026
20 535
25 708
25 707
After tax
51 974
53 465
48 292
48 293
Living cost
5 246
5 246
5 246
5 246
Free-cash
46 728
48 219
43 046
43 047

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴22000
₴34924
₴36943
₴13149
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
-
-
-
74 000
pensions
-
-
-
6 808
city
-
-
-
780
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.

-
-
-
1 480
health
-
-
-
166
regional
-
-
-
4 557
national
-
-
-
2 577
total
-
-
-
16 368
Employee
24 212
-
66 922
-
health
55
-
150
-
unemployment
-
-
-
-
city
260
-
728
-
pensions
2 034
-
4 853
-
regional
793
-
4 121
-
national
115
-
2 193
-
total
3 257
-
12 045
-
Employer
24 212
-
66 922
-
health
55
-
150
-
pensions
2 034
-
4 853
-
unemployment
-
-
-
-
other

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

484
-
1 339
-
total
2 573
-
6 342
-
Corporate
46 949
74 000
-
-
regional
9 930
15 651
-
-
national
3 991
6 290
-
-
total
13 921
21 941
-
-
Dividends
33 029
52 059
-
-
withholding
11 560
18 221
-
-
total
11 560
18 221
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 311
40 162
18 387
16 368
After tax
42 689
33 838
55 613
57 632
Living cost
20 689
20 689
20 689
20 689
Free-cash
22 000
13 149
34 924
36 943

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴34361
₴24607
₴33082
₴33375
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

-
-
-
74 000
municipal
-
-
-
13 138
health
-
-
-
1 013
national
-
-
-
15 085
total
-
-
-
29 236
Employee
16 008
-
62 253
-
health
120
-
831
-
unemployment
240
-
934
-
pensions
1 080
-
4 202
-
national
264
-
9 866
-
municipal
2 622
-
10 131
-
total
4 326
-
25 964
-
Employer
16 008
-
62 253
-
health
123
-
479
-
pensions
2 777
-
10 801
-
accident
16
-
62
-
unemployment
104
-
405
-
total
3 020
-
11 747
-
Corporate
54 971
74 000
-
-
income
10 994
14 800
-
-
total
10 994
14 800
-
-
Dividends

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

32 983
44 400
-
-
municipal
5 937
7 992
-
-
national
3 680
6 151
-
-
total
9 617
14 143
-
-
Income
74 000
74 000
74 000
74 000
Total tax
27 957
28 943
37 711
29 236
After tax
46 043
45 057
36 289
44 764
Living cost
11 682
11 682
11 682
11 682
Free-cash
34 361
33 375
24 607
33 082

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴25686
₴13821
₴21120
₴29205
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
-
-
-
74 000
communal

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

-
-
-
3 985
social contributions
-
-
-
7 586
national
-
-
-
30 215
total
-
-
-
41 786
Employee

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

21 765
-
57 315
-
health

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

1 023
-
2 694
-
communal

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

1 135
-
2 989
-
unemployment

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

189
-
499
-
pensions

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

1 632
-
4 299
-
national
6 691
-
21 920
-
total
10 670
-
32 401
-
Employer

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

21 765
-
57 315
-
health

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

1 338
-
3 525
-
pensions

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

1 929
-
5 078
-
surtax
2 468
-
6 499
-
accident

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

283
-
745
-
unemployment

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

318
-
837
-
total
6 336
-
16 684
-
Corporate
45 900
74 000
-
-
income
9 180
16 263
-
-
surtax
184
325
-
-
total
9 364
16 588
-
-
Dividends
36 536
57 412
-
-
withholding

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

10 850
17 113
-
-
total
10 850
17 113
-
-
Income
74 000
74 000
74 000
74 000
Total tax
37 220
33 701
49 085
41 786
After tax
36 780
40 299
24 915
32 214
Living cost
11 094
11 094
11 094
11 094
Free-cash
25 686
29 205
13 821
21 120

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴26902
₴23504
₴23823
₴27199
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
-
-
-
74 000
unemployment
-
-
-
29
municipal
-
-
-
19 567
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
9 020
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
36 972
Employee
18 816
-
64 907
-
national
-
-
8 842
-
municipal
5 611
-
19 355
-
total
5 611
-
28 197
-
Employer
18 816
-
64 907
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
49 272
74 000
-
-
income
10 840
16 280
-
-
total
10 840
16 280
-
-
Dividends
38 432
57 720
-
-
withholding
11 530
17 316
-
-
total
11 530
17 316
-
-
Income
74 000
74 000
74 000
74 000
Total tax
33 893
33 596
37 291
36 972
After tax
40 107
40 404
36 709
37 028
Living cost
13 205
13 205
13 205
13 205
Free-cash
26 902
27 199
23 504
23 823

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴14105
₴54811
₴36434
₴30316
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
-
-
-
74 000
income
-
-
-
14 424
social contributions
-
-
-
8 436
total
-
-
-
22 860
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
23 183
74 000
-
-
income
5 100
16 280
-
-
total
5 100
16 280
-
-
Dividends
18 083
57 720
-
-
income
3 978
12 698
-
-
total
3 978
12 698
-
-
Income
74 000
74 000
74 000
74 000
Total tax
45 189
28 978
4 483
22 860
After tax
28 811
45 022
69 517
51 140
Living cost
14 706
14 706
14 706
14 706
Free-cash
14 105
30 316
54 811
36 434

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴42787
₴39094
₴39688
₴44047
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
-
-
-
74 000
income
-
-
-
17 633
health
-
-
-
1 887
social contributions
-
-
-
4 923
total
-
-
-
24 443
Employee
23 397
23 397
70 085
-
health
233
398
1 191
-
income
2 457
2 166
17 312
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
21 122
-
Employer
23 397
23 397
70 085
-
health
253
433
1 296
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 915
-
Corporate
58 914
48 228
-
-
income
7 364
6 029
-
-
total
7 364
6 029
-
-
Dividends
51 550
42 199
-
-
withholding
8 763
7 174
-
-
total
8 763
7 174
-
-
Income
74 000
74 000
74 000
74 000
Total tax
21 344
20 084
25 037
24 443
After tax
52 656
53 916
48 963
49 557
Living cost
9 869
9 869
9 869
9 869
Free-cash
42 787
44 047
39 094
39 688

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴36863
₴29905
₴36479
₴35122
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
-
-
-
74 000
income
-
-
-
23 507
pensions
-
-
-
3 090
total
-
-
-
26 597
Employee
14 994
-
64 438
-
health
196
-
848
-
pensions
1 144
-
3 638
-
income
2 731
-
19 123
-
total
4 071
-
23 609
-
Employer
14 994
-
64 438
-
health
285
-
1 224
-
pensions
1 515
-
8 338
-
total
1 800
-
9 562
-
Corporate
57 206
74 000
-
-
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.

10 869
14 060
-
-
total
10 869
14 060
-
-
Dividends
46 337
59 940
-
-
withholding
9 473
13 894
-
-
total
9 473
13 894
-
-
Income
74 000
74 000
74 000
74 000
Total tax
26 213
27 954
33 171
26 597
After tax
47 787
46 046
40 829
47 403
Living cost
10 924
10 924
10 924
10 924
Free-cash
36 863
35 122
29 905
36 479

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴25472
₴20439
₴22937
₴26857
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
-
-
-
74 000
municipal
-
-
-
529
regional
-
-
-
1 856
social contributions
-
-
-
15 229
national
-
-
-
21 328
total
-
-
-
38 942
Employee
25 640
-
74 000
-
social contributions
8 646
-
19 965
-
regional
387
-
1 698
-
national
4 333
-
19 291
-
municipal
153
-
486
-
total
13 519
-
41 440
-
Employer
25 640
-
74 000
-
total
-
-
-
-
Corporate
48 360
74 000
-
-
nationa
11 607
17 760
-
-
municipal
2 331
3 567
-
-
total
13 938
21 327
-
-
Dividends
34 423
52 673
-
-
withholding
8 950
13 695
-
-
total
8 950
13 695
-
-
Income
74 000
74 000
74 000
74 000
Total tax
36 407
35 022
41 440
38 942
After tax
37 593
38 978
32 560
35 058
Living cost
12 121
12 121
12 121
12 121
Free-cash
25 472
26 857
20 439
22 937

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴4998
₴34469
₴44010
-₴504
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
-
-
-
74 000
pensions
-
-
-
1 229
income
-
-
-
21 435
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
23 492
Employee
10 222
-
67 947
-
health
1 170
-
7 780
-
pensions
1 151
-
2 253
-
income
1 402
-
16 946
-
total
3 723
-
26 979
-
Employer
10 222
-
67 947
-
pensions
1 662
-
3 254
-
accident
171
-
1 135
-
unemployment
250
-
1 665
-
total
2 083
-
6 054
-
Corporate
61 695
74 000
-
-
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.

55 526
66 600
-
-
total
55 526
66 600
-
-
Dividends
6 169
7 400
-
-
withholding
1 172
1 406
-
-
total
1 172
1 406
-
-
Income
74 000
74 000
74 000
74 000
Total tax
62 504
68 006
33 033
23 492
After tax
11 496
5 994
40 967
50 508
Living cost
6 498
6 498
6 498
6 498
Free-cash
4 998
-504
34 469
44 010

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴30284
₴33655
₴25066
₴26304
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.

-
-
-
74 000
trade
-
-
-
8 589
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.

-
-
-
25 137
health

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

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

-
-
-
2 079
surtax

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

-
-
-
1 382
total
-
-
-
37 187
Employee

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

15 139
-
74 000
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
25 137
-
surtax

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

69
-
1 382
-
total
3 393
-
28 598
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 861
74 000
-
-
income
8 829
11 100
-
-
trade
8 446
10 619
-
-
surtax

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

486
610
-
-
chamber of commerce
132
155
-
-
total
17 893
22 484
-
-
Dividends
40 967
51 516
-
-
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.

557
702
-
-
withholding
10 126
12 763
-
-
total
10 683
13 465
-
-
Income
74 000
74 000
74 000
74 000
Total tax
31 969
35 949
28 598
37 187
After tax
42 031
38 051
45 402
36 813
Living cost
11 747
11 747
11 747
11 747
Free-cash
30 284
26 304
33 655
25 066

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴50374
₴26135
₴20959
₴52870
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.

-
-
-
74 000
income
-
-
-
16 183
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
18 870
total
-
-
-
46 711
Employee
8 891
-
58 797
-
income
1 583
-
13 817
-
social contributions

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

978
-
3 989
-
surtax
-
-
8 525
-
total
2 561
-
26 331
-
Employer
8 891
-
58 797
-
social contributions

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

2 142
-
8 736
-
surtax
-
-
6 468
-
total
2 142
-
15 204
-
Corporate
62 967
74 000
-
-
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%.

12 593
14 800
-
-
total
12 593
14 800
-
-
Dividends

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

50 374
59 200
-
-
total
-
-
-
-
Income
74 000
74 000
74 000
74 000
Total tax
17 296
14 800
41 535
46 711
After tax
56 704
59 200
32 465
27 289
Living cost
6 330
6 330
6 330
6 330
Free-cash
50 374
52 870
26 135
20 959

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴41771
₴41825
₴42096
₴42393
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
-
-
-
74 000
income
-
-
-
23 362
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
28 121
Employee
5 761
-
70 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
23 217
-
total
1 980
-
25 287
-
Employer
5 761
-
70 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
66 942
74 000
-
-
income
14 727
16 280
-
-
total
14 727
16 280
-
-
Dividends
52 215
57 720
-
-
withholding
10 443
11 544
-
-
total
10 443
11 544
-
-
Income
74 000
74 000
74 000
74 000
Total tax
28 446
27 824
28 392
28 121
After tax
45 554
46 176
45 608
45 879
Living cost
3 783
3 783
3 783
3 783
Free-cash
41 771
42 393
41 825
42 096

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴38744
₴26054
₴27914
₴39712
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
-
-
-
74 000
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
24 044
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
4 134
total
-
-
-
39 252
Employee
10 247
-
65 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
22 224
-
other
-
-
-
-
surtax
36
-
3 770
-
total
3 413
-
32 564
-
Employer
10 247
-
65 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
61 596
74 000
-
-
income
16 015
19 240
-
-
total
16 015
19 240
-
-
Dividends
45 581
54 760
-
-
withholding
6 837
8 214
-
-
total
6 837
8 214
-
-
Income
74 000
74 000
74 000
74 000
Total tax
28 422
27 454
41 112
39 252
After tax
45 578
46 546
32 888
34 748
Living cost
6 834
6 834
6 834
6 834
Free-cash
38 744
39 712
26 054
27 914

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴30925
₴9582
₴28173
₴31075
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
-
-
-
74 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
296
unemployment
-
-
-
1 866
income