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
₴ 7500
per

Your estimated
City
free-cash

Valencia , Spain
-₴7324
-₴5429
-₴4110
-₴3254
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
-
-
-
7 500
unemployment
-
-
-
53
income
-
-
-
998
other
-
-
-
8
accident
-
-
-
68
pensions
-
-
-
2 123
total
-
-
-
3 250
Employee
11 242
-
4 263
-
unemployment
174
-
158
-
pensions
528
-
477
-
income
2 167
-
688
-
other
11
-
10
-
total
2 880
-
1 333
-
Employer
11 242
-
4 263
-
pensions
2 653
-
2 396
-
accident
223
-
201
-
unemployment
618
-
558
-
other
90
-
81
-
total
3 584
-
3 236
-
Corporate
-
7 500
-
-
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.

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 269
-
-
total
-
1 269
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 464
2 394
4 569
3 250
After tax
1 036
5 106
2 931
4 250
Living cost
8 360
8 360
8 360
8 360
Free-cash
-7 324
-3 254
-5 429
-4 110

Estimated living cost  is ₴8360 per week

₴5643
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.
₴1767
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
-₴6321
-₴3705
-₴4040
-₴2591
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
-
-
-
7 500
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.

-
-
-
1 800
income
-
-
-
953
other
-
-
-
356
health
-
-
-
330
total
-
-
-
3 439
Employee
11 039
-
5 991
-
health
155
-
84
-
unemployment
110
-
60
-
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
-
419
-
income
1 900
-
1 032
-
total
2 938
-
1 595
-
Employer
11 039
-
5 991
-
health
155
-
84
-
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.

1 877
-
1 018
-
accident
88
-
48
-
unemployment
110
-
60
-
other
552
-
299
-
total
2 782
-
1 509
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
415
-
-
total
-
415
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 720
1 990
3 104
3 439
After tax
1 780
5 510
4 396
4 061
Living cost
8 101
8 101
8 101
8 101
Free-cash
-6 321
-2 591
-3 705
-4 040

Estimated living cost  is ₴8101 per week

₴5724
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.
₴1700
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
₴1029
₴757
₴395
₴2435
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
-
-
-
7 500
pensions

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

-
-
-
1 110
unemployment
-
-
-
30
income
-
-
-
1 125
health
-
-
-
863
total
-
-
-
3 128
Employee
5 266
-
6 270
-
health
242
-
288
-
accident

We are using the highest rate at 1.1%.

58
-
69
-
pensions

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

462
-
551
-
income
526
-
627
-
total
1 288
-
1 535
-
Employer
5 266
-
6 270
-
health
363
-
433
-
pensions

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

580
-
691
-
accident

We are using the highest rate at 1.1%.

58
-
69
-
unemployment
31
-
38
-
total
1 032
-
1 231
-
Corporate
1 201
7 500
-
-
income
120
750
-
-
total
120
750
-
-
Dividends
1 081
6 750
-
-
withholding
54
338
-
-
total
54
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
2 494
1 088
2 766
3 128
After tax
5 006
6 412
4 734
4 372
Living cost
3 977
3 977
3 977
3 977
Free-cash
1 029
2 435
757
395

Estimated living cost  is ₴3977 per week

₴2322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴105
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.
₴1266
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
-₴9576
-₴5495
-₴5861
-₴6622
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
-
-
-
7 500
income
-
-
-
-
other
-
-
-
233
health
-
-
-
81
social contributions
-
-
-
214
pensions
-
-
-
2 431
surtax
-
-
-
-
total
-
-
-
2 959
Employee
13 012
-
5 715
-
pensions
1 471
-
646
-
income
768
-
-
-
social contributions
371
-
163
-
surtax
-
-
-
-
total
2 610
-
809
-
Employer
13 012
-
5 715
-
health
911
-
400
-
social contributions
39
-
17
-
pensions
2 138
-
939
-
unemployment
527
-
231
-
other
449
-
197
-
total
4 064
-
1 784
-
Corporate
-
7 500
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
5 400
-
-
social contributions
-
929
-
-
surtax
-
-
-
-
withholding
-
691
-
-
total
-
1 620
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 674
3 720
2 593
2 959
After tax
826
3 780
4 907
4 541
Living cost
10 402
10 402
10 402
10 402
Free-cash
-9 576
-6 622
-5 495
-5 861

Estimated living cost  is ₴10402 per week

₴6559
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.
₴2821
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
-₴22691
-₴22691
-₴8412
-₴20985
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
-
-
-
7 500
pensions
-
-
-
1 350
income
-
-
-
675
health
-
-
-
1 151
total
-
-
-
3 176
Employee
25 963
25 963
25 963
-
health
3 985
3 390
3 985
-
pensions
4 673
3 562
4 673
-
income

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

4 250
4 250
4 250
-
total
12 908
11 202
12 908
-
Employer
25 963
25 963
25 963
-
health
1 805
1 805
1 805
-
pensions
1 807
1 807
1 807
-
unemployment
935
935
935
-
total
4 547
4 547
4 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 455
15 749
17 455
3 176
After tax
-9 955
-8 249
-9 955
4 324
Living cost
12 736
12 736
12 736
12 736
Free-cash
-22 691
-20 985
-22 691
-8 412

Estimated living cost  is ₴12736 per week

₴9026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
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.
₴2360
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
-₴4129
-₴3806
-₴3806
-₴5350
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.

-
-
-
7 500
trade
-
-
-
-
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.

-
-
-
19
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.

-
-
-
2 077
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
total
-
-
-
2 097
Employee

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

11 629
-
7 500
-
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.

2 077
-
2 077
-
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
-
19
-
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
-
total
2 420
-
2 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 181
-
-
surtax

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

-
62
-
-
chamber of commerce
-
57
-
-
total
-
2 425
-
-
Dividends
-
5 075
-
-
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.

-
63
-
-
withholding
-
1 153
-
-
total
-
1 216
-
-
Income
7 500
7 500
7 500
7 500
Total tax
2 420
3 641
2 097
2 097
After tax
5 080
3 859
5 403
5 403
Living cost
9 209
9 209
9 209
9 209
Free-cash
-4 129
-5 350
-3 806
-3 806

Estimated living cost  is ₴9209 per week

₴5793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1074
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.
₴2171
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
-₴4231
-₴3756
-₴1637
-₴6414
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
-
-
-
11 558
income
-
-
-
-
health
-
-
-
295
social contributions
-
-
-
1 803
total
-
-
-
2 098
Employee
23 379
23 379
23 379
-
health
181
398
134
-
income
2 546
2 164
2 629
-
social contributions
884
1 940
654
-
total
3 611
4 502
3 417
-
Employer
23 379
23 379
23 379
-
health
197
433
146
-
social contributions
884
1 940
654
-
total
1 081
2 373
800
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
4 692
6 875
4 217
2 098
After tax
2 808
625
3 283
5 402
Living cost
7 039
7 039
7 039
7 039
Free-cash
-4 231
-6 414
-3 756
-1 637

Estimated living cost  is ₴7039 per week

₴4219
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.
₴1974
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
-₴9804
-₴5035
-₴5080
-₴5270
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.

-
-
-
7 500
income
-
-
-
438
social contributions

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

-
-
-
2 606
surtax
-
-
-
-
total
-
-
-
3 044
Employee
13 983
-
6 060
-
income
2 909
-
893
-
social contributions
1 538
-
666
-
surtax
-
-
-
-
total
4 447
-
1 559
-
Employer
13 983
-
6 060
-
social contributions
3 321
-
1 440
-
total
3 321
-
1 440
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
surtax
-
-
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 768
3 234
2 999
3 044
After tax
-268
4 266
4 501
4 456
Living cost
9 536
9 536
9 536
9 536
Free-cash
-9 804
-5 270
-5 035
-5 080

Estimated living cost  is ₴9536 per week

₴7135
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.
₴1680
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
₴4393
₴3699
₴5124
₴4824
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%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
2 876
-
7 500
-
income
575
-
1 500
-
total
575
-
1 500
-
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%.

4 624
7 500
-
-
total
-
-
-
-
Dividends
4 624
7 500
-
-
withholding
231
375
-
-
total
231
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
806
375
1 500
75
After tax
6 694
7 125
6 000
7 425
Living cost
2 301
2 301
2 301
2 301
Free-cash
4 393
4 824
3 699
5 124

Estimated living cost  is ₴2301 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴621
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
-₴8037
-₴3955
-₴3718
-₴2991
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.

-
-
-
7 500
pensions
-
-
-
1 370
unemployment
-
-
-
11
income
-
-
-
944
health
-
-
-
738
total
-
-
-
3 063
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.

13 444
-
6 490
-
health
868
-
419
-
unemployment
19
-
9
-
pensions
2 084
-
1 006
-
income
2 318
-
856
-
total
5 289
-
2 290
-
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.

13 444
-
6 490
-
health
895
-
432
-
pensions
1 190
-
574
-
unemployment
8
-
4
-
total
2 093
-
1 010
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 382
2 336
3 300
3 063
After tax
118
5 164
4 200
4 437
Living cost
8 155
8 155
8 155
8 155
Free-cash
-8 037
-2 991
-3 955
-3 718

Estimated living cost  is ₴8155 per week

₴5596
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.
₴1878
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
-₴8751
-₴5035
-₴14099
-₴7069
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.

-
-
-
7 500
income
-
-
-
8 654
health

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

-
-
-
1 909
total
-
-
-
10 563
Employee
13 947
-
6 817
-
social contributions
1 397
-
683
-
income
1 513
-
133
-
total
2 910
-
816
-
Employer
13 947
-
6 817
-
social contributions
1 397
-
683
-
total
1 397
-
683
-
Corporate
-
7 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
4 875
-
-
social contributions
908
908
-
-
total
908
908
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 215
3 533
1 499
10 563
After tax
2 285
3 967
6 001
-3 063
Living cost
11 036
11 036
11 036
11 036
Free-cash
-8 751
-7 069
-5 035
-14 099

Estimated living cost  is ₴11036 per week

₴7270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
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.
₴2727
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
-₴3606
-₴2663
-₴1630
-₴1871
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
-
-
-
7 500
income
-
-
-
1 125
health
-
-
-
523
social contributions
-
-
-
1 035
total
-
-
-
2 683
Employee
10 308
-
7 500
-
health
719
-
523
-
income
1 719
-
2 158
-
social contributions
1 423
-
1 035
-
total
3 861
-
3 716
-
Employer
10 308
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
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%.

-
375
-
-
total
-
375
-
-
Dividends
-
7 125
-
-
social contributions
530
983
-
-
withholding
-
1 069
-
-
health
268
497
-
-
total
798
2 549
-
-
Income
7 500
7 500
7 500
7 500
Total tax
4 659
2 924
3 716
2 683
After tax
2 841
4 576
3 784
4 817
Living cost
6 447
6 447
6 447
6 447
Free-cash
-3 606
-1 871
-2 663
-1 630

Estimated living cost  is ₴6447 per week

₴4314
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.
₴1586
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
-₴9261
-₴4700
-₴4852
-₴3341
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
-
-
-
7 500
income
-
-
-
645
health
-
-
-
1 012
social contributions
-
-
-
2 190
solidarity contribution
-
-
-
-
total
-
-
-
3 847
Employee
12 508
-
5 597
-
health
1 689
-
756
-
solidarity contribution
-
-
-
-
income
1 501
-
672
-
social contributions
813
-
364
-
total
4 003
-
1 792
-
Employer
12 508
-
5 597
-
health
1 126
-
504
-
social contributions
3 127
-
1 399
-
total
4 253
-
1 903
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 256
2 336
3 695
3 847
After tax
-756
5 164
3 805
3 653
Living cost
8 505
8 505
8 505
8 505
Free-cash
-9 261
-3 341
-4 700
-4 852

Estimated living cost  is ₴8505 per week

₴6325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
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.
₴1562
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
₴2866
₴2414
₴3839
₴3539
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%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
4 482
-
7 500
-
income
897
-
1 500
-
total
897
-
1 500
-
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%.

3 018
7 500
-
-
total
-
-
-
-
Dividends
3 018
7 500
-
-
withholding
151
375
-
-
total
151
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
1 048
375
1 500
75
After tax
6 452
7 125
6 000
7 425
Living cost
3 586
3 586
3 586
3 586
Free-cash
2 866
3 539
2 414
3 839

Estimated living cost  is ₴3586 per week

₴2427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴888
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
-₴17488
-₴9777
-₴10143
-₴10904
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
-
-
-
7 500
income
-
-
-
-
other
-
-
-
233
health
-
-
-
81
social contributions
-
-
-
214
pensions
-
-
-
2 431
surtax
-
-
-
-
total
-
-
-
2 959
Employee
19 042
-
5 715
-
pensions
2 154
-
646
-
income
1 661
-
-
-
social contributions
542
-
163
-
surtax
-
-
-
-
total
4 357
-
809
-
Employer
19 042
-
5 715
-
health
1 333
-
400
-
social contributions
57
-
17
-
pensions
3 129
-
939
-
unemployment
771
-
231
-
other
657
-
197
-
total
5 947
-
1 784
-
Corporate
-
7 500
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
5 400
-
-
social contributions
-
929
-
-
surtax
-
-
-
-
withholding
-
691
-
-
total
-
1 620
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 304
3 720
2 593
2 959
After tax
-2 804
3 780
4 907
4 541
Living cost
14 684
14 684
14 684
14 684
Free-cash
-17 488
-10 904
-9 777
-10 143

Estimated living cost  is ₴14684 per week

₴9938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1201
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.
₴3343
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
-₴1815
-₴927
-₴1248
₴179
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.

-
-
-
7 500
pensions
-
-
-
1 950
unemployment
-
-
-
112
income
-
-
-
673
health
-
-
-
773
total
-
-
-
3 508
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.

7 901
-
6 361
-
health
407
-
328
-
unemployment
59
-
48
-
pensions
1 106
-
891
-
income
1 089
-
781
-
total
2 661
-
2 048
-
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.

7 901
-
6 361
-
health
407
-
328
-
pensions
948
-
763
-
unemployment
59
-
48
-
total
1 414
-
1 139
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
956
-
-
total
-
956
-
-
Income
7 500
7 500
7 500
7 500
Total tax
4 075
2 081
3 187
3 508
After tax
3 425
5 419
4 313
3 992
Living cost
5 240
5 240
5 240
5 240
Free-cash
-1 815
179
-927
-1 248

Estimated living cost  is ₴5240 per week

₴3528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
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.
₴1155
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
-₴19011
-₴15007
-₴14235
-₴17252
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
-
-
-
7 500
pensions
-
-
-
690
city
-
-
-
79
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.

-
-
-
150
health
-
-
-
67
regional
-
-
-
66
national
-
-
-
-
total
-
-
-
1 052
Employee
24 204
-
6 506
-
health
55
-
15
-
unemployment
-
-
-
-
city
260
-
67
-
pensions
2 033
-
778
-
regional
793
-
41
-
national
115
-
-
-
total
3 256
-
901
-
Employer
24 204
-
6 506
-
health
55
-
15
-
pensions
2 033
-
778
-
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
-
130
-
total
2 572
-
923
-
Corporate
-
7 500
-
-
regional
-
1 586
-
-
national
-
637
-
-
total
-
2 223
-
-
Dividends
-
5 276
-
-
withholding
-
1 846
-
-
total
-
1 846
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 828
4 069
1 824
1 052
After tax
1 672
3 431
5 676
6 448
Living cost
20 683
20 683
20 683
20 683
Free-cash
-19 011
-17 252
-15 007
-14 235

Estimated living cost  is ₴20683 per week

₴13450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1856
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.
₴5123
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
-₴11513
-₴6925
-₴5523
-₴6483
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

-
-
-
7 500
municipal
-
-
-
1 350
health
-
-
-
-
national
-
-
-
-
total
-
-
-
1 350
Employee
15 996
-
6 310
-
health
119
-
-
-
unemployment
240
-
95
-
pensions
1 079
-
426
-
national
264
-
-
-
municipal
2 620
-
1 042
-
total
4 322
-
1 563
-
Employer
15 996
-
6 310
-
health
123
-
48
-
pensions
2 775
-
1 094
-
accident
16
-
6
-
unemployment
104
-
41
-
total
3 018
-
1 189
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends

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

-
4 500
-
-
municipal
-
810
-
-
national
-
-
-
-
total
-
810
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 340
2 310
2 752
1 350
After tax
160
5 190
4 748
6 150
Living cost
11 673
11 673
11 673
11 673
Free-cash
-11 513
-6 483
-6 925
-5 523

Estimated living cost  is ₴11673 per week

₴7624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
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.
₴2740
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
-₴20577
-₴7603
-₴7016
-₴6795
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
-
-
-
7 500
communal

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

-
-
-
354
social contributions
-
-
-
1 603
national
-
-
-
1 474
total
-
-
-
3 431
Employee

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

21 747
-
5 808
-
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.

1 022
-
273
-
communal

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

1 134
-
303
-
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
-
51
-
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.

1 631
-
436
-
national
6 686
-
1 262
-
total
10 662
-
2 325
-
Employer

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

21 747
-
5 808
-
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.

1 337
-
358
-
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.

1 927
-
515
-
surtax
2 466
-
659
-
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
-
76
-
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.

317
-
85
-
total
6 330
-
1 693
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
surtax
-
30
-
-
total
-
1 530
-
-
Dividends
-
5 970
-
-
withholding

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

-
1 680
-
-
total
-
1 680
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 992
3 210
4 018
3 431
After tax
-9 492
4 290
3 482
4 069
Living cost
11 085
11 085
11 085
11 085
Free-cash
-20 577
-6 795
-7 603
-7 016

Estimated living cost  is ₴11085 per week

₴7140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
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.
₴2802
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
-₴17136
-₴9151
-₴9417
-₴9061
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
-
-
-
7 500
unemployment
-
-
-
7
municipal
-
-
-
1 589
other
-
-
-
871
health
-
-
-
468
national
-
-
-
-
accident
-
-
-
15
pensions
-
-
-
811
total
-
-
-
3 761
Employee
18 746
-
5 707
-
national
-
-
-
-
municipal
5 590
-
1 702
-
total
5 590
-
1 702
-
Employer
18 746
-
5 707
-
health
1 153
-
351
-
pensions
2 026
-
617
-
accident
38
-
11
-
unemployment
495
-
151
-
other
2 178
-
663
-
total
5 890
-
1 793
-
Corporate
-
7 500
-
-
income
-
1 650
-
-
total
-
1 650
-
-
Dividends
-
5 850
-
-
withholding
-
1 755
-
-
total
-
1 755
-
-
Income
7 500
7 500
7 500
7 500
Total tax
11 480
3 405
3 495
3 761
After tax
-3 980
4 095
4 005
3 739
Living cost
13 156
13 156
13 156
13 156
Free-cash
-17 136
-9 061
-9 151
-9 417

Estimated living cost  is ₴13156 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
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.
₴2946
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
-₴43024
-₴12155
-₴9438
-₴10058
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
-
-
-
7 500
income
-
-
-
1 462
social contributions
-
-
-
855
total
-
-
-
2 317
Employee
20 964
-
2 865
-
income
4 624
-
576
-
social contributions
1 719
-
245
-
total
6 343
-
821
-
Employer
20 964
-
2 865
-
social contributions
29 560
-
4 213
-
total
29 560
-
4 213
-
Corporate
-
7 500
-
-
income
-
1 650
-
-
total
-
1 650
-
-
Dividends
-
5 850
-
-
income
-
1 287
-
-
total
-
1 287
-
-
Income
7 500
7 500
7 500
7 500
Total tax
35 903
2 937
5 034
2 317
After tax
-28 403
4 563
2 466
5 183
Living cost
14 621
14 621
14 621
14 621
Free-cash
-43 024
-10 058
-12 155
-9 438

Estimated living cost  is ₴14621 per week

₴9487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1375
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.
₴3573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
-₴7574
-₴6578
-₴4459
-₴9236
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
-
-
-
11 558
income
-
-
-
-
health
-
-
-
295
social contributions
-
-
-
1 803
total
-
-
-
2 098
Employee
23 379
23 379
23 379
-
health
233
398
134
-
income
2 455
2 164
2 629
-
social contributions
1 136
1 940
654
-
total
3 824
4 502
3 417
-
Employer
23 379
23 379
23 379
-
health
253
433
146
-
social contributions
1 136
1 940
654
-
total
1 389
2 373
800
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 213
6 875
4 217
2 098
After tax
2 287
625
3 283
5 402
Living cost
9 861
9 861
9 861
9 861
Free-cash
-7 574
-9 236
-6 578
-4 459

Estimated living cost  is ₴9861 per week

₴6741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
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.
₴2184
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
-₴9147
-₴5435
-₴4978
-₴5209
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
-
-
-
7 500
income
-
-
-
1 462
pensions
-
-
-
188
total
-
-
-
1 650
Employee
14 863
-
6 958
-
health
194
-
31
-
pensions
1 134
-
186
-
income
2 707
-
1 348
-
total
4 035
-
1 565
-
Employer
14 863
-
6 958
-
health
282
-
132
-
pensions
1 502
-
410
-
total
1 784
-
542
-
Corporate
-
7 500
-
-
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.

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 819
1 881
2 107
1 650
After tax
1 681
5 619
5 393
5 850
Living cost
10 828
10 828
10 828
10 828
Free-cash
-9 147
-5 209
-5 435
-4 978

Estimated living cost  is ₴10828 per week

₴7428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴2268
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
-₴18120
-₴8831
-₴8286
-₴8162
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
-
-
-
7 500
municipal
-
-
-
46
regional
-
-
-
89
social contributions
-
-
-
2 356
national
-
-
-
1 183
total
-
-
-
3 674
Employee
25 620
-
7 500
-
social contributions
8 639
-
3 089
-
regional
387
-
76
-
national
4 329
-
1 014
-
municipal
153
-
40
-
total
13 508
-
4 219
-
Employer
25 620
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 800
-
-
municipal
-
362
-
-
total
-
2 162
-
-
Dividends
-
5 338
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 508
3 550
4 219
3 674
After tax
-6 008
3 950
3 281
3 826
Living cost
12 112
12 112
12 112
12 112
Free-cash
-18 120
-8 162
-8 831
-8 286

Estimated living cost  is ₴12112 per week

₴8508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
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.
₴2588
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
-₴4820
-₴2546
-₴2033
-₴5899
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
-
-
-
7 500
pensions
-
-
-
1 231
income
-
-
-
966
other
-
-
-
110
health
-
-
-
645
accident
-
-
-
75
total
-
-
-
3 027
Employee
10 235
-
6 230
-
health
1 172
-
713
-
pensions
1 152
-
702
-
income
1 404
-
855
-
total
3 728
-
2 270
-
Employer
10 235
-
6 230
-
pensions
1 664
-
1 013
-
accident
171
-
104
-
unemployment
251
-
153
-
total
2 086
-
1 270
-
Corporate
-
7 500
-
-
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.

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 814
6 893
3 540
3 027
After tax
1 686
607
3 960
4 473
Living cost
6 506
6 506
6 506
6 506
Free-cash
-4 820
-5 899
-2 546
-2 033

Estimated living cost  is ₴6506 per week

₴4769
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.
₴1242
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
-₴7628
-₴6335
-₴6335
-₴7802
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.

-
-
-
7 500
trade
-
-
-
-
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.

-
-
-
19
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.

-
-
-
2 077
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
total
-
-
-
2 097
Employee

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

15 127
-
7 500
-
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.

2 077
-
2 077
-
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.

1 244
-
19
-
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
-
total
3 390
-
2 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 076
-
-
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.

-
62
-
-
chamber of commerce
-
57
-
-
total
-
2 320
-
-
Dividends
-
5 180
-
-
surtax

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

-
65
-
-
withholding
-
1 179
-
-
total
-
1 244
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 390
3 564
2 097
2 097
After tax
4 110
3 936
5 403
5 403
Living cost
11 738
11 738
11 738
11 738
Free-cash
-7 628
-7 802
-6 335
-6 335

Estimated living cost  is ₴11738 per week

₴8097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2207
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
-₴3523
-₴2022
-₴907
-₴325
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.

-
-
-
7 500
income
-
-
-
-
microenterprise
-
-
-
1 125
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.

-
-
-
957
surtax
-
-
-
-
total
-
-
-
2 082
Employee
8 884
-
6 044
-
income
1 581
-
1 076
-
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.

977
-
665
-
surtax
-
-
-
-
total
2 558
-
1 741
-
Employer
8 884
-
6 044
-
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.

2 140
-
1 456
-
surtax
-
-
-
-
total
2 140
-
1 456
-
Corporate
-
7 500
-
-
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%.

-
1 500
-
-
total
-
1 500
-
-
Dividends

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

-
6 000
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
4 698
1 500
3 197
2 082
After tax
2 802
6 000
4 303
5 418
Living cost
6 325
6 325
6 325
6 325
Free-cash
-3 523
-325
-2 022
-907

Estimated living cost  is ₴6325 per week

₴4035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
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.
₴1544
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
₴297
₴243
₴29
₴916
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
-
-
-
7 500
income
-
-
-
1 120
health
-
-
-
1 087
pensions
-
-
-
1 500
total
-
-
-
3 707
Employee
5 733
-
6 122
-
health
287
-
306
-
unemployment
57
-
61
-
pensions
516
-
551
-
income
1 109
-
1 198
-
total
1 969
-
2 116
-
Employer
5 733
-
6 122
-
health
545
-
582
-
pensions
631
-
673
-
unemployment
115
-
122
-
total
1 291
-
1 377
-
Corporate
477
7 500
-
-
income
105
1 650
-
-
total
105
1 650
-
-
Dividends
372
5 850
-
-
withholding
74
1 170
-
-
total
74
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 439
2 820
3 493
3 707
After tax
4 061
4 680
4 007
3 793
Living cost
3 764
3 764
3 764
3 764
Free-cash
297
916
243
29

Estimated living cost  is ₴3764 per week

₴2237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1136
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
-₴4894
-₴2674
-₴2509
-₴2112
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
-
-
-
7 500
pensions
-
-
-
1 500
unemployment
-
-
-
69
income
-
-
-
1 079
other
-
-
-
-
health
-
-
-
532
surtax
-
-
-
-
total
-
-
-
3 180
Employee
10 239
-
6 196
-
health
261
-
158
-
unemployment
713
-
431
-
pensions
683
-
413
-
income
1 716
-
1 039
-
other
-
-
-
-
surtax
36
-
-
-
total
3 409
-
2 041
-
Employer
10 239
-
6 196
-
health
466
-
282
-
pensions
1 365
-
826
-
unemployment
325
-
196
-
other
-
-
-
-
total
2 156
-
1 304
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
7 500
7 500
7 500
7 500
Total tax
5 565
2 783
3 345
3 180
After tax
1 935
4 717
4 155
4 320
Living cost
6 829
6 829
6 829
6 829
Free-cash
-4 894
-2 112
-2 674
-2 509

Estimated living cost  is ₴6829 per week

₴4123
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.
₴1954
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
-₴9905
-₴7582
-₴6056
-₴9061
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
-
-
-
7 500
pensions
-
-
-
1 388
chamber of commerce
-
-
-
30
unemployment
-
-
-
1 865
income
-
-
-
-
health
-
-
-
573
surtax