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
₴ 74500
per

Your estimated
City
free-cash

Valencia , Spain
₴39696
₴31932
₴33208
₴41040
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
-
-
-
74 500
unemployment
-
-
-
197
income
-
-
-
24 465
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
32 925
Employee
11 250
-
65 510
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
23 420
-
other
11
-
28
-
total
2 883
-
25 211
-
Employer
11 250
-
65 510
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
59 663
74 500
-
-
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.

8 949
11 175
-
-
total
8 949
11 175
-
-
Dividends
50 714
63 325
-
-
withholding
11 018
13 918
-
-
total
11 018
13 918
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 437
25 093
34 201
32 925
After tax
48 063
49 407
40 299
41 575
Living cost
8 367
8 367
8 367
8 367
Free-cash
39 696
41 040
31 932
33 208

Estimated living cost  is ₴8367 per week

₴5647
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
₴44574
₴36950
₴37552
₴46628
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
-
-
-
74 500
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.

-
-
-
11 104
income
-
-
-
13 503
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
28 841
Employee
11 047
-
62 709
-
health
155
-
648
-
unemployment
110
-
462
-
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
-
13 303
-
total
2 940
-
17 652
-
Employer
11 047
-
62 709
-
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
-
502
-
unemployment
110
-
462
-
other
553
-
2 313
-
total
2 784
-
11 791
-
Corporate
60 669
74 500
-
-
income
12 740
15 645
-
-
total
12 740
15 645
-
-
Dividends
47 928
58 855
-
-
withholding
3 355
4 120
-
-
total
3 355
4 120
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 819
19 765
29 443
28 841
After tax
52 681
54 735
45 057
45 659
Living cost
8 107
8 107
8 107
8 107
Free-cash
44 574
46 628
36 950
37 552

Estimated living cost  is ₴8107 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
₴58298
₴59648
₴56502
₴59711
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
-
-
-
74 500
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
-
-
-
11 175
health
-
-
-
1 222
total
-
-
-
14 011
Employee
5 280
-
72 416
-
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
-
7 241
-
total
1 293
-
8 780
-
Employer
5 280
-
72 416
-
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
68 184
74 500
-
-
income
6 818
7 450
-
-
total
6 818
7 450
-
-
Dividends
61 366
67 050
-
-
withholding
3 068
3 352
-
-
total
3 068
3 352
-
-
Income
74 500
74 500
74 500
74 500
Total tax
12 215
10 802
10 865
14 011
After tax
62 285
63 698
63 635
60 489
Living cost
3 987
3 987
3 987
3 987
Free-cash
58 298
59 711
59 648
56 502

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
₴28937
₴27268
₴29833
₴27137
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
-
-
-
74 500
income
-
-
-
14 730
other
-
-
-
2 310
health
-
-
-
3 803
social contributions
-
-
-
2 123
pensions
-
-
-
11 291
surtax
-
-
-
-
total
-
-
-
34 257
Employee
13 022
-
56 561
-
pensions
1 472
-
4 388
-
income
768
-
12 886
-
social contributions
371
-
1 611
-
surtax
-
-
-
-
total
2 611
-
18 885
-
Employer
13 022
-
56 561
-
health
912
-
5 772
-
social contributions
39
-
170
-
pensions
2 139
-
7 305
-
unemployment
527
-
2 290
-
other
449
-
2 400
-
total
4 066
-
17 937
-
Corporate
57 412
74 500
-
-
income
16 075
20 860
-
-
surtax
-
-
-
-
total
16 075
20 860
-
-
Dividends
41 336
53 640
-
-
social contributions
7 110
9 227
-
-
surtax
-
-
-
-
withholding
5 291
6 866
-
-
total
12 401
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
35 153
36 953
36 822
34 257
After tax
39 347
37 547
37 678
40 243
Living cost
10 410
10 410
10 410
10 410
Free-cash
28 937
27 137
27 268
29 833

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
₴22587
₴34889
₴26929
₴24450
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
-
-
-
74 500
pensions
-
-
-
3 565
income
-
-
-
27 508
health
-
-
-
3 752
total
-
-
-
34 825
Employee
25 982
25 982
68 846
-
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
13 894
-
total
12 918
11 210
21 211
-
Employer
25 982
25 982
68 846
-
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
44 287
43 968
-
-
income
8 858
8 794
-
-
total
8 858
8 794
-
-
Dividends
35 429
35 175
-
-
income
7 528
7 475
-
-
withholding
5 314
5 276
-
-
total
12 842
12 751
-
-
Income
74 500
74 500
74 500
74 500
Total tax
39 167
37 304
26 865
34 825
After tax
35 333
37 196
47 635
39 675
Living cost
12 746
12 746
12 746
12 746
Free-cash
22 587
24 450
34 889
26 929

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.
₴2361
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
₴31691
₴36464
₴26958
₴28325
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.

-
-
-
74 500
trade
-
-
-
9 506
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.

-
-
-
25 347
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.

-
-
-
1 394
total
-
-
-
38 326
Employee

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

11 637
-
74 500
-
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
-
25 347
-
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
-
1 394
-
total
2 422
-
28 820
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 863
74 500
-
-
income
9 429
11 175
-
-
trade
9 901
11 734
-
-
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.

518
615
-
-
chamber of commerce
136
153
-
-
total
19 984
23 677
-
-
Dividends
42 878
50 823
-
-
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.

583
692
-
-
withholding
10 604
12 590
-
-
total
11 187
13 282
-
-
Income
74 500
74 500
74 500
74 500
Total tax
33 593
36 959
28 820
38 326
After tax
40 907
37 541
45 680
36 174
Living cost
9 216
9 216
9 216
9 216
Free-cash
31 691
28 325
36 464
26 958

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
₴45580
₴42232
₴42829
₴47236
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
-
-
-
74 500
income
-
-
-
17 804
health
-
-
-
1 900
social contributions
-
-
-
4 923
total
-
-
-
24 627
Employee
23 396
23 396
70 576
-
health
181
398
1 200
-
income
2 547
2 166
17 481
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
21 300
-
Employer
23 396
23 396
70 576
-
health
197
433
1 305
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 924
-
Corporate
62 761
48 729
-
-
income
7 845
6 091
-
-
total
7 845
6 091
-
-
Dividends
54 916
42 638
-
-
withholding
9 336
7 248
-
-
total
9 336
7 248
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 876
20 220
25 224
24 627
After tax
52 624
54 280
49 276
49 873
Living cost
7 044
7 044
7 044
7 044
Free-cash
45 580
47 236
42 232
42 829

Estimated living cost  is ₴7044 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
₴32526
₴22969
₴29012
₴32832
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.

-
-
-
74 500
income
-
-
-
10 055
social contributions

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

-
-
-
25 889
surtax
-
-
-
-
total
-
-
-
35 944
Employee
13 993
-
60 202
-
income
2 911
-
20 882
-
social contributions
1 539
-
6 622
-
surtax
-
-
185
-
total
4 450
-
27 689
-
Employer
13 993
-
60 202
-
social contributions
3 323
-
14 298
-
total
3 323
-
14 298
-
Corporate
57 183
74 500
-
-
income
12 008
15 645
-
-
surtax
-
-
-
-
total
12 008
15 645
-
-
Dividends
45 175
58 855
-
-
withholding
12 649
16 480
-
-
total
12 649
16 480
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 430
32 125
41 987
35 944
After tax
42 070
42 375
32 513
38 556
Living cost
9 544
9 544
9 544
9 544
Free-cash
32 526
32 832
22 969
29 012

Estimated living cost  is ₴9544 per week

₴7140
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
₴67969
₴57237
₴71392
₴68412
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%.

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
2 953
-
74 500
-
income
591
-
14 900
-
total
591
-
14 900
-
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%.

71 547
74 500
-
-
total
-
-
-
-
Dividends
71 547
74 500
-
-
withholding
3 577
3 725
-
-
total
3 577
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
4 168
3 725
14 900
745
After tax
70 332
70 775
59 600
73 755
Living cost
2 363
2 363
2 363
2 363
Free-cash
67 969
68 412
57 237
71 392

Estimated living cost  is ₴2363 per week

₴1464
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.
₴637
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
₴40587
₴24170
₴25789
₴43132
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.

-
-
-
74 500
pensions
-
-
-
13 605
unemployment
-
-
-
112
income
-
-
-
19 502
health
-
-
-
7 331
total
-
-
-
40 550
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.

13 454
-
64 463
-
health
869
-
4 165
-
unemployment
19
-
90
-
pensions
2 086
-
9 992
-
income
2 320
-
17 885
-
total
5 294
-
32 132
-
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.

13 454
-
64 463
-
health
896
-
4 293
-
pensions
1 191
-
5 705
-
unemployment
8
-
39
-
total
2 095
-
10 037
-
Corporate
58 951
74 500
-
-
income
11 201
14 155
-
-
total
11 201
14 155
-
-
Dividends
47 750
60 345
-
-
withholding
7 162
9 052
-
-
total
7 162
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
25 752
23 207
42 169
40 550
After tax
48 748
51 293
32 331
33 950
Living cost
8 161
8 161
8 161
8 161
Free-cash
40 587
43 132
24 170
25 789

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
₴36838
₴40649
₴50356
₴35773
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.

-
-
-
74 500
income
-
-
-
11 175
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
-
-
-
13 099
Employee
13 957
-
73 100
-
social contributions
1 398
-
1 400
-
income
1 514
-
20 006
-
total
2 912
-
21 406
-
Employer
13 957
-
73 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
59 144
74 500
-
-
income
20 700
26 075
-
-
total
20 700
26 075
-
-
Dividends
38 444
48 425
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 617
27 682
22 806
13 099
After tax
47 883
46 818
51 694
61 401
Living cost
11 045
11 045
11 045
11 045
Free-cash
36 838
35 773
40 649
50 356

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
₴39157
₴39242
₴41392
₴39000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
74 500
income
-
-
-
11 175
health
-
-
-
5 200
social contributions
-
-
-
10 281
total
-
-
-
26 656
Employee
10 316
-
74 500
-
health
720
-
5 200
-
income
1 721
-
13 325
-
social contributions
1 424
-
10 281
-
total
3 865
-
28 806
-
Employer
10 316
-
74 500
-
total
-
-
-
-
Corporate
64 184
74 500
-
-
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%.

3 209
3 725
-
-
total
3 209
3 725
-
-
Dividends
60 975
70 775
-
-
social contributions
8 415
9 767
-
-
withholding
9 146
10 616
-
-
health
4 256
4 940
-
-
total
21 817
25 323
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 891
29 048
28 806
26 656
After tax
45 609
45 452
45 694
47 844
Living cost
6 452
6 452
6 452
6 452
Free-cash
39 157
39 000
39 242
41 392

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
₴39739
₴32985
₴36375
₴42777
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
-
-
-
74 500
income
-
-
-
8 175
health
-
-
-
10 058
social contributions
-
-
-
9 945
solidarity contribution
-
-
-
1 431
total
-
-
-
29 609
Employee
12 524
-
60 537
-
health
1 691
-
8 173
-
solidarity contribution
-
-
1 127
-
income
1 503
-
7 523
-
social contributions
814
-
2 214
-
total
4 008
-
19 037
-
Employer
12 524
-
60 537
-
health
1 127
-
5 448
-
social contributions
3 131
-
8 514
-
total
4 258
-
13 962
-
Corporate
57 718
74 500
-
-
income
10 966
14 155
-
-
total
10 966
14 155
-
-
Dividends
46 751
60 345
-
-
withholding
7 013
9 052
-
-
total
7 013
9 052
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 245
23 207
32 999
29 609
After tax
48 255
51 293
41 501
44 891
Living cost
8 516
8 516
8 516
8 516
Free-cash
39 739
42 777
32 985
36 375

Estimated living cost  is ₴8516 per week

₴6333
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
₴66403
₴55918
₴70073
₴67093
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%.

-
-
-
74 500
microenterprise

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

-
-
-
745
total
-
-
-
745
Employee
4 602
-
74 500
-
income
920
-
14 900
-
total
920
-
14 900
-
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%.

69 898
74 500
-
-
total
-
-
-
-
Dividends
69 898
74 500
-
-
withholding
3 495
3 725
-
-
total
3 495
3 725
-
-
Income
74 500
74 500
74 500
74 500
Total tax
4 415
3 725
14 900
745
After tax
70 085
70 775
59 600
73 755
Living cost
3 682
3 682
3 682
3 682
Free-cash
66 403
67 093
55 918
70 073

Estimated living cost  is ₴3682 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴155
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.
₴912
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
₴24944
₴22983
₴25548
₴22852
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
-
-
-
74 500
income
-
-
-
14 730
other
-
-
-
2 310
health
-
-
-
3 803
social contributions
-
-
-
2 123
pensions
-
-
-
11 291
surtax
-
-
-
-
total
-
-
-
34 257
Employee
19 056
-
56 561
-
pensions
2 155
-
4 388
-
income
1 663
-
12 886
-
social contributions
543
-
1 611
-
surtax
-
-
-
-
total
4 361
-
18 885
-
Employer
19 056
-
56 561
-
health
1 334
-
5 772
-
social contributions
57
-
170
-
pensions
3 131
-
7 305
-
unemployment
772
-
2 290
-
other
658
-
2 400
-
total
5 952
-
17 937
-
Corporate
49 492
74 500
-
-
income
13 858
20 860
-
-
surtax
-
-
-
-
total
13 858
20 860
-
-
Dividends
35 635
53 640
-
-
social contributions
6 129
9 227
-
-
surtax
-
-
-
-
withholding
4 561
6 866
-
-
total
10 690
16 093
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 861
36 953
36 822
34 257
After tax
39 639
37 547
37 678
40 243
Living cost
14 695
14 695
14 695
14 695
Free-cash
24 944
22 852
22 983
25 548

Estimated living cost  is ₴14695 per week

₴9945
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
₴47089
₴43421
₴43422
₴48580
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.

-
-
-
74 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
17 358
health
-
-
-
2 309
total
-
-
-
25 832
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
-
70 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
17 358
-
total
2 664
-
21 820
-
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
-
70 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
65 173
74 500
-
-
income
9 776
11 175
-
-
total
9 776
11 175
-
-
Dividends
55 397
63 325
-
-
withholding
8 310
9 499
-
-
total
8 310
9 499
-
-
Income
74 500
74 500
74 500
74 500
Total tax
22 165
20 674
25 833
25 832
After tax
52 335
53 826
48 667
48 668
Living cost
5 246
5 246
5 246
5 246
Free-cash
47 089
48 580
43 421
43 422

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
₴22229
₴35281
₴37296
₴13376
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
-
-
-
74 500
pensions
-
-
-
6 854
city
-
-
-
785
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.

-
-
-
1 490
health
-
-
-
167
regional
-
-
-
4 601
national
-
-
-
2 616
total
-
-
-
16 513
Employee
24 214
-
67 384
-
health
55
-
151
-
unemployment
-
-
-
-
city
260
-
733
-
pensions
2 034
-
4 875
-
regional
793
-
4 164
-
national
115
-
2 231
-
total
3 257
-
12 154
-
Employer
24 214
-
67 384
-
health
55
-
151
-
pensions
2 034
-
4 875
-
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
-
1 348
-
total
2 573
-
6 374
-
Corporate
47 447
74 500
-
-
regional
10 035
15 757
-
-
national
4 033
6 332
-
-
total
14 068
22 089
-
-
Dividends
33 379
52 411
-
-
withholding
11 682
18 344
-
-
total
11 682
18 344
-
-
Income
74 500
74 500
74 500
74 500
Total tax
31 580
40 433
18 528
16 513
After tax
42 920
34 067
55 972
57 987
Living cost
20 691
20 691
20 691
20 691
Free-cash
22 229
13 376
35 281
37 296

Estimated living cost  is ₴20691 per week

₴13455
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
₴34644
₴24800
₴33333
₴33627
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

-
-
-
74 500
municipal
-
-
-
13 226
health
-
-
-
1 020
national
-
-
-
15 240
total
-
-
-
29 486
Employee
16 007
-
62 673
-
health
120
-
838
-
unemployment
240
-
940
-
pensions
1 080
-
4 230
-
national
264
-
9 984
-
municipal
2 622
-
10 199
-
total
4 326
-
26 191
-
Employer
16 007
-
62 673
-
health
123
-
483
-
pensions
2 777
-
10 874
-
accident
16
-
63
-
unemployment
104
-
408
-
total
3 020
-
11 828
-
Corporate
55 472
74 500
-
-
income
11 094
14 900
-
-
total
11 094
14 900
-
-
Dividends

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

33 283
44 700
-
-
municipal
5 991
8 046
-
-
national
3 744
6 246
-
-
total
9 735
14 292
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 175
29 192
38 019
29 486
After tax
46 325
45 308
36 481
45 014
Living cost
11 681
11 681
11 681
11 681
Free-cash
34 644
33 627
24 800
33 333

Estimated living cost  is ₴11681 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
₴25966
₴13970
₴21339
₴29451
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
-
-
-
74 500
communal

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

-
-
-
4 015
social contributions
-
-
-
7 586
national
-
-
-
30 466
total
-
-
-
42 067
Employee

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

21 764
-
57 702
-
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
-
2 712
-
communal

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

1 135
-
3 010
-
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
-
502
-
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
-
4 327
-
national
6 691
-
22 089
-
total
10 670
-
32 640
-
Employer

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

21 764
-
57 702
-
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
-
3 549
-
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.

1 928
-
5 112
-
surtax
2 468
-
6 543
-
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
-
750
-
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
-
842
-
total
6 335
-
16 796
-
Corporate
46 401
74 500
-
-
income
9 280
16 409
-
-
surtax
185
328
-
-
total
9 465
16 737
-
-
Dividends
36 936
57 763
-
-
withholding

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

10 970
17 218
-
-
total
10 970
17 218
-
-
Income
74 500
74 500
74 500
74 500
Total tax
37 440
33 955
49 436
42 067
After tax
37 060
40 545
25 064
32 433
Living cost
11 094
11 094
11 094
11 094
Free-cash
25 966
29 451
13 970
21 339

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
₴27185
₴23736
₴24057
₴27481
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
-
-
-
74 500
unemployment
-
-
-
29
municipal
-
-
-
19 717
other
-
-
-
3 361
health
-
-
-
1 805
national
-
-
-
9 151
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
37 247
Employee
18 803
-
65 413
-
national
-
-
8 974
-
municipal
5 607
-
19 506
-
total
5 607
-
28 480
-
Employer
18 803
-
65 413
-
health
1 156
-
1 779
-
pensions
2 033
-
3 126
-
accident
38
-
58
-
unemployment
496
-
764
-
other
2 185
-
3 361
-
total
5 908
-
9 088
-
Corporate
49 789
74 500
-
-
income
10 953
16 390
-
-
total
10 953
16 390
-
-
Dividends
38 835
58 110
-
-
withholding
11 651
17 433
-
-
total
11 651
17 433
-
-
Income
74 500
74 500
74 500
74 500
Total tax
34 119
33 823
37 568
37 247
After tax
40 381
40 677
36 932
37 253
Living cost
13 196
13 196
13 196
13 196
Free-cash
27 185
27 481
23 736
24 057

Estimated living cost  is ₴13196 per week

₴8746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2955
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
₴14405
₴55308
₴36777
₴30618
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
-
-
-
74 500
income
-
-
-
14 522
social contributions
-
-
-
8 493
total
-
-
-
23 015
Employee
21 090
-
-
-
income
4 652
-
-
-
social contributions
1 729
-
246
-
total
6 381
-
246
-
Employer
21 090
-
-
-
social contributions
29 736
-
4 238
-
total
29 736
-
4 238
-
Corporate
23 674
74 500
-
-
income
5 208
16 390
-
-
total
5 208
16 390
-
-
Dividends
18 466
58 110
-
-
income
4 062
12 784
-
-
total
4 062
12 784
-
-
Income
74 500
74 500
74 500
74 500
Total tax
45 387
29 174
4 484
23 015
After tax
29 113
45 326
70 016
51 485
Living cost
14 708
14 708
14 708
14 708
Free-cash
14 405
30 618
55 308
36 777

Estimated living cost  is ₴14708 per week

₴9543
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
₴43150
₴39408
₴40004
₴44411
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
-
-
-
74 500
income
-
-
-
17 804
health
-
-
-
1 900
social contributions
-
-
-
4 923
total
-
-
-
24 627
Employee
23 396
23 396
70 576
-
health
233
398
1 200
-
income
2 457
2 166
17 481
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
21 300
-
Employer
23 396
23 396
70 576
-
health
253
433
1 305
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 924
-
Corporate
59 415
48 729
-
-
income
7 427
6 091
-
-
total
7 427
6 091
-
-
Dividends
51 988
42 638
-
-
withholding
8 838
7 248
-
-
total
8 838
7 248
-
-
Income
74 500
74 500
74 500
74 500
Total tax
21 482
20 220
25 224
24 627
After tax
53 018
54 280
49 276
49 873
Living cost
9 868
9 868
9 868
9 868
Free-cash
43 150
44 411
39 408
40 004

Estimated living cost  is ₴9868 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
₴37136
₴30155
₴36774
₴35395
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
-
-
-
74 500
income
-
-
-
23 702
pensions
-
-
-
3 100
total
-
-
-
26 802
Employee
14 994
-
64 870
-
health
196
-
852
-
pensions
1 144
-
3 647
-
income
2 731
-
19 291
-
total
4 071
-
23 790
-
Employer
14 994
-
64 870
-
health
285
-
1 233
-
pensions
1 515
-
8 398
-
total
1 800
-
9 631
-
Corporate
57 706
74 500
-
-
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.

10 964
14 155
-
-
total
10 964
14 155
-
-
Dividends
46 741
60 345
-
-
withholding
9 605
14 026
-
-
total
9 605
14 026
-
-
Income
74 500
74 500
74 500
74 500
Total tax
26 440
28 181
33 421
26 802
After tax
48 060
46 319
41 079
47 698
Living cost
10 924
10 924
10 924
10 924
Free-cash
37 136
35 395
30 155
36 774

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
₴25736
₴20702
₴23202
₴27120
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
-
-
-
74 500
municipal
-
-
-
534
regional
-
-
-
1 872
social contributions
-
-
-
15 228
national
-
-
-
21 543
total
-
-
-
39 177
Employee
25 638
-
74 500
-
social contributions
8 645
-
19 964
-
regional
387
-
1 715
-
national
4 333
-
19 507
-
municipal
153
-
491
-
total
13 518
-
41 677
-
Employer
25 638
-
74 500
-
total
-
-
-
-
Corporate
48 862
74 500
-
-
nationa
11 727
17 880
-
-
municipal
2 355
3 591
-
-
total
14 082
21 471
-
-
Dividends
34 780
53 030
-
-
withholding
9 043
13 788
-
-
total
9 043
13 788
-
-
Income
74 500
74 500
74 500
74 500
Total tax
36 643
35 259
41 677
39 177
After tax
37 857
39 241
32 823
35 323
Living cost
12 121
12 121
12 121
12 121
Free-cash
25 736
27 120
20 702
23 202

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
₴5038
₴34759
₴44350
-₴463
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
-
-
-
74 500
pensions
-
-
-
1 229
income
-
-
-
21 595
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
23 652
Employee
10 222
-
68 427
-
health
1 170
-
7 835
-
pensions
1 151
-
2 253
-
income
1 402
-
17 082
-
total
3 723
-
27 170
-
Employer
10 222
-
68 427
-
pensions
1 662
-
3 254
-
accident
171
-
1 143
-
unemployment
250
-
1 676
-
total
2 083
-
6 073
-
Corporate
62 195
74 500
-
-
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.

55 976
67 050
-
-
total
55 976
67 050
-
-
Dividends
6 220
7 450
-
-
withholding
1 182
1 415
-
-
total
1 182
1 415
-
-
Income
74 500
74 500
74 500
74 500
Total tax
62 964
68 465
33 243
23 652
After tax
11 536
6 035
41 257
50 848
Living cost
6 498
6 498
6 498
6 498
Free-cash
5 038
-463
34 759
44 350

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
₴30541
₴33934
₴25273
₴26561
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.

-
-
-
74 500
trade
-
-
-
8 661
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.

-
-
-
25 347
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.

-
-
-
1 394
total
-
-
-
37 481
Employee

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

15 139
-
74 500
-
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
-
25 347
-
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
-
1 394
-
total
3 393
-
28 820
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 361
74 500
-
-
income
8 904
11 175
-
-
trade
8 518
10 691
-
-
surtax

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

490
615
-
-
chamber of commerce
133
155
-
-
total
18 045
22 636
-
-
Dividends
41 316
51 864
-
-
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.

562
707
-
-
withholding
10 213
12 850
-
-
total
10 775
13 557
-
-
Income
74 500
74 500
74 500
74 500
Total tax
32 213
36 193
28 820
37 481
After tax
42 287
38 307
45 680
37 019
Living cost
11 746
11 746
11 746
11 746
Free-cash
30 541
26 561
33 934
25 273

Estimated living cost  is ₴11746 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
₴50773
₴26379
₴21175
₴53270
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.

-
-
-
74 500
income
-
-
-
16 340
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.

-
-
-
11 657
surtax
-
-
-
18 998
total
-
-
-
46 995
Employee
8 890
-
59 247
-
income
1 583
-
13 959
-
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
-
-
8 591
-
total
2 561
-
26 539
-
Employer
8 890
-
59 247
-
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
-
8 735
-
surtax
-
-
6 517
-
total
2 142
-
15 252
-
Corporate
63 468
74 500
-
-
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%.

12 694
14 900
-
-
total
12 694
14 900
-
-
Dividends

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

50 774
59 600
-
-
total
-
-
-
-
Income
74 500
74 500
74 500
74 500
Total tax
17 397
14 900
41 791
46 995
After tax
57 103
59 600
32 709
27 505
Living cost
6 330
6 330
6 330
6 330
Free-cash
50 773
53 270
26 379
21 175

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
₴42083
₴42150
₴42421
₴42705
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
-
-
-
74 500
income
-
-
-
23 537
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
28 296
Employee
5 761
-
71 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
23 392
-
total
1 980
-
25 462
-
Employer
5 761
-
71 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
67 442
74 500
-
-
income
14 837
16 390
-
-
total
14 837
16 390
-
-
Dividends
52 605
58 110
-
-
withholding
10 521
11 622
-
-
total
10 521
11 622
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 634
28 012
28 567
28 296
After tax
45 866
46 488
45 933
46 204
Living cost
3 783
3 783
3 783
3 783
Free-cash
42 083
42 705
42 150
42 421

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
₴39058
₴26284
₴28145
₴40027
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
-
-
-
74 500
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
24 269
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
4 179
total
-
-
-
39 521
Employee
10 246
-
65 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
22 450
-
other
-
-
-
-
surtax
36
-
3 815
-
total
3 413
-
32 834
-
Employer
10 246
-
65 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
62 097
74 500
-
-
income
16 145
19 370
-
-
total
16 145
19 370
-
-
Dividends
45 951
55 130
-
-
withholding
6 893
8 269
-
-
total
6 893
8 269
-
-
Income
74 500
74 500
74 500
74 500
Total tax
28 608
27 639
41 382
39 521
After tax
45 892
46 861
33 118
34 979
Living cost
6 834
6 834
6 834
6 834
Free-cash
39 058
40 027
26 284
28 145

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
₴31196
₴9698
₴28420
₴31347
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
-
-
-
74 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
298
unemployment
-
-
-
1 866
income