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
₴ 76000
per

Your estimated
City
free-cash

Dresden , Germany
₴22607
₴28358
₴25575
₴33738
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.

-
-
-
76 000
trade
-
-
-
8 163
income

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

-
-
-
21 763
health

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

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

-
-
-
3 552
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.

-
-
-
1 197
total
-
-
-
34 675
Employee

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

19 888
-
76 000
-
income

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

556
-
21 763
-
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.

31
-
1 197
-
health

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

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

3 552
-
3 552
-
total
4 139
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 112
76 000
-
-
income
8 417
11 400
-
-
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.

463
627
-
-
trade
8 837
11 970
-
-
chamber of commerce
160
188
-
-
total
17 877
24 185
-
-
Dividends
38 234
51 814
-
-
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.

515
702
-
-
withholding
9 361
12 756
-
-
total
9 876
13 458
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 892
37 643
26 512
34 675
After tax
44 108
38 357
49 488
41 325
Living cost
15 750
15 750
15 750
15 750
Free-cash
28 358
22 607
33 738
25 575

Estimated living cost  is ₴15750 per week

₴9907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴19136
₴18667
₴16950
₴17547
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
-
-
-
76 000
municipal
-
-
-
8 168
national
-
-
-
12 657
pensions
-
-
-
9 120
social contributions
-
-
-
817
total
-
-
-
30 762
Employee
43 851
-
65 701
-
national
8 393
-
13 113
-
pensions
1 754
-
2 628
-
municipal
5 416
-
8 462
-
total
15 563
-
24 203
-
Employer
43 851
-
65 701
-
social contributions
471
-
706
-
pensions
3 508
-
5 256
-
total
3 979
-
5 962
-
Corporate
25 275
76 000
-
-
income

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

5 055
15 200
-
-
total
5 055
15 200
-
-
Dividends
20 220
60 800
-
-
withholding
4 448
13 376
-
-
total
4 448
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 045
28 576
30 165
30 762
After tax
46 955
47 424
45 835
45 238
Living cost
28 288
28 288
28 288
28 288
Free-cash
18 667
19 136
17 547
16 950

Estimated living cost  is ₴28288 per week

₴19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴423
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.
₴6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴49982
₴45716
₴13573
₴35691
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.

-
-
-
76 000
microenterprise
-
-
-
-
income
-
-
-
12 306
surtax
-
-
-
19 380
social contributions

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

-
-
-
19 923
total
-
-
-
51 609
Employee
15 194
-
54 146
-
social contributions

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

1 672
-
5 956
-
income
2 705
-
10 491
-
surtax
-
-
-
-
total
4 377
-
16 447
-
Employer
15 194
-
54 146
-
social contributions

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

3 660
-
13 044
-
surtax
-
-
-
-
total
3 660
-
13 044
-
Corporate
57 146
76 000
-
-
income

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

11 429
15 200
-
-
total
11 429
15 200
-
-
Dividends

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

45 717
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 466
15 200
29 491
51 609
After tax
56 534
60 800
46 509
24 391
Living cost
10 818
10 818
10 818
10 818
Free-cash
45 716
49 982
35 691
13 573

Estimated living cost  is ₴10818 per week

₴6901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴15610
₴12424
₴21261
₴24008
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
-
-
-
76 000
income
-
-
-
20 452
health
-
-
-
6 412
pensions
-
-
-
6 092
total
-
-
-
32 956
Employee
44 404
44 404
66 337
-
pensions
7 993
6 092
6 092
-
income

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

7 268
7 268
8 042
-
health
6 816
5 797
6 412
-
total
22 077
19 157
20 546
-
Employer
44 404
44 404
66 337
-
health
3 087
3 087
3 836
-
pensions
3 091
3 091
3 841
-
unemployment
1 599
1 599
1 986
-
total
7 777
7 777
9 663
-
Corporate
24 365
23 820
-
-
income
4 873
4 764
-
-
total
4 873
4 764
-
-
Dividends
19 492
19 056
-
-
income
4 142
4 050
-
-
withholding
2 924
2 859
-
-
total
7 066
6 909
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 793
38 607
30 209
32 956
After tax
34 207
37 393
45 791
43 044
Living cost
21 783
21 783
21 783
21 783
Free-cash
12 424
15 610
24 008
21 261

Estimated living cost  is ₴21783 per week

₴15437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴346
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.
₴4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴20740
₴20274
₴19234
₴18730
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
-
-
-
76 000
municipal
-
-
-
18 733
national
-
-
-
4 099
unemployment
-
-
-
46
accident
-
-
-
91
health
-
-
-
2 838
pensions
-
-
-
4 917
other
-
-
-
5 286
total
-
-
-
36 010
Employee
29 575
-
61 707
-
national
-
-
3 820
-
municipal
8 819
-
18 401
-
total
8 819
-
22 221
-
Employer
29 575
-
61 707
-
health
1 819
-
2 798
-
pensions
3 197
-
4 917
-
accident
59
-
91
-
other
3 437
-
5 286
-
unemployment
781
-
1 201
-
total
9 293
-
14 293
-
Corporate
37 133
76 000
-
-
income
8 169
16 720
-
-
total
8 169
16 720
-
-
Dividends
28 963
59 280
-
-
withholding
8 689
17 784
-
-
total
8 689
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 970
34 504
36 514
36 010
After tax
41 030
41 496
39 486
39 990
Living cost
20 756
20 756
20 756
20 756
Free-cash
20 274
20 740
18 730
19 234

Estimated living cost  is ₴20756 per week

₴13756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴17538
₴24846
₴20536
₴29061
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.

-
-
-
76 000
trade
-
-
-
8 525
income

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

-
-
-
21 763
health

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

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

-
-
-
3 552
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.

-
-
-
1 197
total
-
-
-
35 037
Employee

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

26 369
-
76 000
-
income

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

2 266
-
21 763
-
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.

124
-
1 197
-
health

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

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

3 552
-
3 552
-
total
5 942
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 631
76 000
-
-
income
7 444
11 400
-
-
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.

410
627
-
-
trade
8 164
12 502
-
-
chamber of commerce
150
187
-
-
total
16 168
24 716
-
-
Dividends
33 462
51 284
-
-
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.

449
695
-
-
withholding
8 168
12 624
-
-
total
8 617
13 319
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 727
38 035
26 512
35 037
After tax
45 273
37 965
49 488
40 963
Living cost
20 427
20 427
20 427
20 427
Free-cash
24 846
17 538
29 061
20 536

Estimated living cost  is ₴20427 per week

₴13662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴38630
₴36470
₴35861
₴35149
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
-
-
-
76 000
income
-
-
-
12 922
health
-
-
-
1 938
social contributions
-
-
-
8 413
total
-
-
-
23 273
Employee
39 984
39 984
70 224
-
social contributions
1 943
3 318
4 476
-
income
4 199
3 701
12 539
-
health
398
680
1 194
-
total
6 540
7 699
18 209
-
Employer
39 984
39 984
70 224
-
social contributions
1 943
3 318
4 476
-
health
433
740
1 300
-
total
2 376
4 058
5 776
-
Corporate
50 219
31 957
-
-
income
6 278
3 994
-
-
total
6 278
3 994
-
-
Dividends
43 941
27 963
-
-
withholding
7 470
4 753
-
-
total
7 470
4 753
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 664
20 504
23 985
23 273
After tax
53 336
55 496
52 015
52 727
Living cost
16 866
16 866
16 866
16 866
Free-cash
36 470
38 630
35 149
35 861

Estimated living cost  is ₴16866 per week

₴11529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴3736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴32488
₴32700
₴42394
₴33802
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
-
-
-
76 000
unemployment
-
-
-
1 140
income
-
-
-
9 291
health
-
-
-
5 320
pensions
-
-
-
7 600
total
-
-
-
23 351
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

14 804
5 892
63 598
-
pensions
1 480
589
6 360
-
unemployment
222
88
954
-
income
1 810
720
7 775
-
health
1 036
412
4 452
-
total
4 548
1 809
19 541
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

14 804
5 892
63 598
-
pensions
2 887
1 149
12 402
-
total
2 887
1 149
12 402
-
Corporate
58 309
68 959
-
-
income
5 248
6 206
-
-
total
5 248
6 206
-
-
Dividends
53 062
62 753
-
-
social contributions
10 280
12 170
-
-
withholding
10 082
11 923
-
-
total
20 362
24 093
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 045
33 257
31 943
23 351
After tax
42 955
42 743
44 057
52 649
Living cost
10 255
10 255
10 255
10 255
Free-cash
32 700
32 488
33 802
42 394

Estimated living cost  is ₴10255 per week

₴6998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴48240
₴45011
₴28178
₴31247
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
-
-
-
76 000
income
-
-
-
10 183
health
-
-
-
9 880
pensions
-
-
-
15 200
total
-
-
-
35 263
Employee
14 751
-
56 801
-
pensions
295
-
1 136
-
unemployment
236
-
909
-
income
1 661
-
10 951
-
total
2 192
-
12 996
-
Employer
14 751
-
56 801
-
health
1 917
-
7 384
-
pensions
2 950
-
11 360
-
unemployment
118
-
454
-
total
4 985
-
19 198
-
Corporate
56 263
76 000
-
-
income
11 252
15 200
-
-
total
11 252
15 200
-
-
Dividends
45 011
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 429
15 200
32 194
35 263
After tax
57 571
60 800
43 806
40 737
Living cost
12 560
12 560
12 560
12 560
Free-cash
45 011
48 240
31 247
28 178

Estimated living cost  is ₴12560 per week

₴8614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴5152
₴4421
₴40698
₴29463
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
-
-
-
76 000
accident
-
-
-
130
income
-
-
-
20 414
health
-
-
-
1 121
pensions
-
-
-
2 139
other
-
-
-
190
total
-
-
-
23 994
Employee
17 787
-
67 554
-
pensions
2 003
-
3 921
-
income
2 440
-
15 127
-
health
2 037
-
7 735
-
total
6 480
-
26 783
-
Employer
17 787
-
67 554
-
pensions
2 892
-
5 663
-
accident
297
-
1 128
-
unemployment
436
-
1 655
-
total
3 625
-
8 446
-
Corporate
54 588
76 000
-
-
income

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

49 129
68 400
-
-
total
49 129
68 400
-
-
Dividends
5 459
7 600
-
-
withholding
1 037
1 444
-
-
total
1 037
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 271
69 844
35 229
23 994
After tax
15 729
6 156
40 771
52 006
Living cost
11 308
11 308
11 308
11 308
Free-cash
4 421
-5 152
29 463
40 698

Estimated living cost  is ₴11308 per week

₴8287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴67710
₴66868
₴70750
₴56310
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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
5 612
-
76 000
-
income
1 122
-
15 200
-
total
1 122
-
15 200
-
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%.

70 388
76 000
-
-
total
-
-
-
-
Dividends
70 388
76 000
-
-
withholding
3 520
3 800
-
-
total
3 520
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 642
3 800
15 200
760
After tax
71 358
72 200
60 800
75 240
Living cost
4 490
4 490
4 490
4 490
Free-cash
66 868
67 710
56 310
70 750

Estimated living cost  is ₴4490 per week

₴2782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴373
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.
₴1211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴41982
₴38474
₴26451
₴29594
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
-
-
-
76 000
income
-
-
-
10 501
health
-
-
-
3 344
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.

-
-
-
18 239
other
-
-
-
3 610
total
-
-
-
35 694
Employee
18 880
-
60 702
-
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.

1 321
-
4 249
-
unemployment
188
-
607
-
income
3 250
-
11 549
-
health
264
-
850
-
total
5 023
-
17 255
-
Employer
18 880
-
60 702
-
health
264
-
850
-
pensions

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

3 210
-
10 319
-
accident
151
-
485
-
other
944
-
3 035
-
unemployment
188
-
607
-
total
4 757
-
15 296
-
Corporate
52 362
76 000
-
-
income
10 996
15 960
-
-
total
10 996
15 960
-
-
Dividends
41 366
60 040
-
-
withholding
2 895
4 203
-
-
total
2 895
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 671
20 163
32 551
35 694
After tax
52 329
55 837
43 449
40 306
Living cost
13 855
13 855
13 855
13 855
Free-cash
38 474
41 982
29 594
26 451

Estimated living cost  is ₴13855 per week

₴9790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴16579
₴14899
₴16709
₴9740
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
-
-
-
76 000
income
-
-
-
20 034
pensions
-
-
-
4 376
total
-
-
-
24 410
Employee
49 352
-
66 536
-
pensions
4 761
-
5 498
-
income
8 896
-
15 391
-
health
813
-
1 026
-
total
14 470
-
21 915
-
Employer
49 352
-
66 536
-
health
937
-
1 265
-
pensions
5 827
-
8 199
-
total
6 764
-
9 464
-
Corporate
19 884
76 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

3 778
14 439
-
-
total
3 778
14 439
-
-
Dividends
16 106
61 561
-
-
withholding
1 208
10 101
-
-
total
1 208
10 101
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 220
24 540
31 379
24 410
After tax
49 780
51 460
44 621
51 590
Living cost
34 881
34 881
34 881
34 881
Free-cash
14 899
16 579
9 740
16 709

Estimated living cost  is ₴34881 per week

₴26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴58080
₴55635
₴52791
₴55593
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
-
-
-
76 000
unemployment
-
-
-
74
income
-
-
-
11 400
health
-
-
-
2 114
pensions

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

-
-
-
2 721
total
-
-
-
16 309
Employee
9 136
-
72 394
-
pensions

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

802
-
1 614
-
income
913
-
7 239
-
health
420
-
846
-
accident

We are using the highest rate at 1.1%.

101
-
202
-
total
2 236
-
9 901
-
Employer
9 136
-
72 394
-
health
631
-
1 268
-
pensions

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

1 007
-
2 026
-
accident

We are using the highest rate at 1.1%.

101
-
202
-
unemployment
55
-
110
-
total
1 794
-
3 606
-
Corporate
65 071
76 000
-
-
income
6 507
7 600
-
-
total
6 507
7 600
-
-
Dividends
58 564
68 400
-
-
withholding
2 928
3 420
-
-
total
2 928
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 465
11 020
13 507
16 309
After tax
62 535
64 980
62 493
59 691
Living cost
6 900
6 900
6 900
6 900
Free-cash
55 635
58 080
55 593
52 791

Estimated living cost  is ₴6900 per week

₴4028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
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.
₴2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴8559
₴9869
₴14210
₴16957
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
-
-
-
76 000
income
-
-
-
20 452
health
-
-
-
6 412
pensions
-
-
-
6 092
total
-
-
-
32 956
Employee
48 209
44 404
66 337
-
pensions
6 092
6 092
6 092
-
income

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

7 268
7 268
8 042
-
health
6 014
5 797
6 412
-
total
19 374
19 157
20 546
-
Employer
48 209
44 404
66 337
-
health
3 350
3 087
3 836
-
pensions
3 355
3 091
3 841
-
unemployment
1 736
1 599
1 986
-
total
8 441
7 777
9 663
-
Corporate
19 350
23 820
-
-
income
3 870
4 764
-
-
total
3 870
4 764
-
-
Dividends
15 480
19 056
-
-
income
3 290
4 050
-
-
withholding
2 322
2 859
-
-
total
5 612
6 909
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 297
38 607
30 209
32 956
After tax
38 703
37 393
45 791
43 044
Living cost
28 834
28 834
28 834
28 834
Free-cash
9 869
8 559
16 957
14 210

Estimated living cost  is ₴28834 per week

₴21270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴4659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴39398
₴34785
₴27138
₴25639
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
-
-
-
76 000
solidarity contribution
-
-
-
-
income
-
-
-
7 071
health
-
-
-
10 260
social contributions
-
-
-
18 603
total
-
-
-
35 934
Employee
19 012
-
56 716
-
social contributions
1 236
-
3 687
-
income
2 281
-
6 806
-
solidarity contribution
-
-
-
-
health
2 567
-
7 657
-
total
6 084
-
18 150
-
Employer
19 012
-
56 716
-
social contributions
4 753
-
14 179
-
health
1 711
-
5 104
-
total
6 464
-
19 283
-
Corporate
50 524
76 000
-
-
income
9 600
14 440
-
-
total
9 600
14 440
-
-
Dividends
40 925
61 560
-
-
withholding
6 139
9 234
-
-
total
6 139
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 287
23 674
37 433
35 934
After tax
47 713
52 326
38 567
40 066
Living cost
12 928
12 928
12 928
12 928
Free-cash
34 785
39 398
25 639
27 138

Estimated living cost  is ₴12928 per week

₴8980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
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.
₴2774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴18608
₴15893
₴15294
₴11744
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
-
-
-
76 000
municipal
-
-
-
452
national
-
-
-
17 886
regional
-
-
-
880
social contributions
-
-
-
19 547
total
-
-
-
38 765
Employee
46 213
-
76 000
-
national
8 008
-
15 510
-
social contributions
15 583
-
25 627
-
municipal
245
-
403
-
regional
436
-
775
-
total
24 272
-
42 315
-
Employer
46 213
-
76 000
-
total
-
-
-
-
Corporate
29 787
76 000
-
-
municipal
1 161
2 964
-
-
nationa
7 149
18 240
-
-
total
8 310
21 204
-
-
Dividends
21 477
54 795
-
-
withholding
5 584
14 247
-
-
total
5 584
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 166
35 451
42 315
38 765
After tax
37 834
40 549
33 685
37 235
Living cost
21 941
21 941
21 941
21 941
Free-cash
15 893
18 608
11 744
15 294

Estimated living cost  is ₴21941 per week

₴15295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴336
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.
₴4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴36330
₴34710
₴24591
₴22477
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
-
-
-
76 000
unemployment
-
-
-
118
income
-
-
-
18 381
health
-
-
-
4 927
surtax
-
-
-
2 629
pensions
-
-
-
13 880
other
-
-
-
-
total
-
-
-
39 935
Employee
17 196
-
62 784
-
pensions
1 147
-
4 188
-
unemployment
1 197
-
4 369
-
income
2 882
-
16 379
-
other
-
-
-
-
surtax
56
-
2 295
-
health
439
-
1 602
-
total
5 721
-
28 833
-
Employer
17 196
-
62 784
-
health
783
-
2 857
-
pensions
2 292
-
8 369
-
other
-
-
-
-
unemployment
545
-
1 990
-
total
3 620
-
13 216
-
Corporate
55 185
76 000
-
-
income
14 349
19 760
-
-
total
14 349
19 760
-
-
Dividends
40 836
56 240
-
-
withholding
6 126
8 436
-
-
total
6 126
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 816
28 196
42 049
39 935
After tax
46 184
47 804
33 951
36 065
Living cost
11 474
11 474
11 474
11 474
Free-cash
34 710
36 330
22 477
24 591

Estimated living cost  is ₴11474 per week

₴7016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴3135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴27630
₴29010
₴27760
₴20791
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
-
-
-
76 000
income
-
-
-
20 034
pensions
-
-
-
4 376
total
-
-
-
24 410
Employee
33 074
-
66 536
-
pensions
2 807
-
5 498
-
income
5 957
-
15 391
-
health
480
-
1 026
-
total
9 244
-
21 915
-
Employer
33 074
-
66 536
-
health
628
-
1 265
-
pensions
3 580
-
8 199
-
total
4 208
-
9 464
-
Corporate
38 717
76 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

7 356
14 439
-
-
total
7 356
14 439
-
-
Dividends
31 361
61 561
-
-
withholding
2 352
10 101
-
-
total
2 352
10 101
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 160
24 540
31 379
24 410
After tax
52 840
51 460
44 621
51 590
Living cost
23 830
23 830
23 830
23 830
Free-cash
29 010
27 630
20 791
27 760

Estimated living cost  is ₴23830 per week

₴17853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴5829
₴11534
₴21707
₴18016
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
-
-
-
76 000
city
-
-
-
802
national
-
-
-
898
regional
-
-
-
3 328
health
-
-
-
171
pensions
-
-
-
6 992
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.

-
-
-
1 520
total
-
-
-
13 711
Employee
47 491
-
68 024
-
national
225
-
722
-
city
510
-
731
-
pensions
3 990
-
5 714
-
unemployment
-
-
-
-
health
107
-
153
-
regional
1 555
-
2 855
-
total
6 387
-
10 175
-
Employer
47 491
-
68 024
-
health
107
-
153
-
pensions
3 990
-
5 714
-
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.

950
-
1 360
-
unemployment
-
-
-
-
total
5 047
-
7 227
-
Corporate
22 940
76 000
-
-
national
1 950
6 460
-
-
regional
4 852
16 074
-
-
total
6 802
22 534
-
-
Dividends
16 138
53 466
-
-
withholding
5 648
18 713
-
-
total
5 648
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 884
41 247
17 402
13 711
After tax
52 116
34 753
58 598
62 289
Living cost
40 582
40 582
40 582
40 582
Free-cash
11 534
-5 829
18 016
21 707

Estimated living cost  is ₴40582 per week

₴26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴498
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.
₴10052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴13755
₴22185
₴16779
₴25667
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.

-
-
-
76 000
trade
-
-
-
8 888
income

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

-
-
-
21 763
health

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

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

-
-
-
3 552
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.

-
-
-
1 197
total
-
-
-
35 400
Employee

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

31 250
-
76 000
-
income

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

3 675
-
21 763
-
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.

202
-
1 197
-
health

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

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

3 552
-
3 552
-
total
7 429
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 750
76 000
-
-
income
6 713
11 400
-
-
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.

369
627
-
-
trade
7 675
13 034
-
-
chamber of commerce
142
186
-
-
total
14 899
25 247
-
-
Dividends
29 851
50 754
-
-
surtax

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

400
687
-
-
withholding
7 266
12 490
-
-
total
7 666
13 177
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 994
38 424
26 512
35 400
After tax
46 006
37 576
49 488
40 600
Living cost
23 821
23 821
23 821
23 821
Free-cash
22 185
13 755
25 667
16 779

Estimated living cost  is ₴23821 per week

₴17398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
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.
₴4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴20514
₴23587
₴25291
₴25720
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
-
-
-
76 000
income
-
-
-
10 633
health
-
-
-
2 727
surtax
-
-
-
-
pensions
-
-
-
15 038
other
-
-
-
2 356
social contributions
-
-
-
2 165
total
-
-
-
32 919
Employee
22 254
-
59 761
-
pensions
2 516
-
3 764
-
social contributions
634
-
1 703
-
income
1 313
-
10 783
-
surtax
-
-
-
-
total
4 463
-
16 250
-
Employer
22 254
-
59 761
-
social contributions
67
-
180
-
health
1 558
-
5 067
-
pensions
3 656
-
6 408
-
other
768
-
2 164
-
unemployment
901
-
2 421
-
total
6 950
-
16 240
-
Corporate
46 796
76 000
-
-
income
13 103
21 280
-
-
surtax
-
-
-
-
total
13 103
21 280
-
-
Dividends
33 693
54 720
-
-
social contributions
5 795
9 412
-
-
surtax
-
-
-
-
withholding
4 312
7 004
-
-
total
10 107
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 623
37 696
32 490
32 919
After tax
41 377
38 304
43 510
43 081
Living cost
17 790
17 790
17 790
17 790
Free-cash
23 587
20 514
25 720
25 291

Estimated living cost  is ₴17790 per week

₴11218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴22276
₴25168
₴27053
₴27482
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
-
-
-
76 000
income
-
-
-
10 633
health
-
-
-
2 727
surtax
-
-
-
-
pensions
-
-
-
15 038
other
-
-
-
2 356
social contributions
-
-
-
2 165
total
-
-
-
32 919
Employee
19 865
-
59 761
-
pensions
2 247
-
3 764
-
social contributions
566
-
1 703
-
income
1 024
-
10 783
-
surtax
-
-
-
-
total
3 837
-
16 250
-
Employer
19 865
-
59 761
-
social contributions
59
-
180
-
health
1 390
-
5 067
-
pensions
3 264
-
6 408
-
other
686
-
2 164
-
unemployment
804
-
2 421
-
total
6 203
-
16 240
-
Corporate
49 931
76 000
-
-
income
13 980
21 280
-
-
surtax
-
-
-
-
total
13 980
21 280
-
-
Dividends
35 950
54 720
-
-
social contributions
6 183
9 412
-
-
surtax
-
-
-
-
withholding
4 601
7 004
-
-
total
10 784
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 804
37 696
32 490
32 919
After tax
41 196
38 304
43 510
43 081
Living cost
16 028
16 028
16 028
16 028
Free-cash
25 168
22 276
27 482
27 053

Estimated living cost  is ₴16028 per week

₴9295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴35342
₴35612
₴37781
₴36672
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
-
-
-
76 000
income
-
-
-
11 400
health
-
-
-
5 305
social contributions
-
-
-
10 488
total
-
-
-
27 193
Employee
17 630
-
76 000
-
social contributions
2 433
-
10 488
-
income
2 941
-
12 509
-
health
1 230
-
5 305
-
total
6 604
-
28 302
-
Employer
17 630
-
76 000
-
total
-
-
-
-
Corporate
58 370
76 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 919
3 800
-
-
total
2 919
3 800
-
-
Dividends
55 451
72 200
-
-
social contributions
7 652
9 963
-
-
health
3 870
5 039
-
-
withholding
8 317
10 830
-
-
total
19 839
25 832
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 362
29 632
28 302
27 193
After tax
46 638
46 368
47 698
48 807
Living cost
11 026
11 026
11 026
11 026
Free-cash
35 612
35 342
36 672
37 781

Estimated living cost  is ₴11026 per week

₴7379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴680
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.
₴2713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴23877
₴23071
₴20504
₴1647
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
-
-
-
76 000
unemployment
-
-
-
3 189
income
-
-
-
17 693
chamber of commerce
-
-
-
304
health
-
-
-
4 647
surtax
-
-
-
103
pensions
-
-
-
11 238
total
-
-
-
37 174
Employee
25 986
20 722
58 935
-
pensions
2 661
2 122
6 035
-
unemployment
780
622
1 768
-
income
2 958
1 528
14 054
-
other
260
207
589
-
health
1 006
802
2 280
-
total
7 665
5 281
24 726
-
Employer
25 986
20 722
58 935
-
chamber of commerce
104
83
236
-
health
982
783
2 228
-
payroll
780
622
1 768
-
pensions
3 261
2 601
7 397
-
surtax
103
103
103
-
accident
337
269
766
-
other
1 234
984
2 799
-
unemployment
780
622
1 768
-
total
7 581
6 067
17 065
-
Corporate
42 433
49 211
56 961
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

10 609
12 303
14 240
-
total
10 609
12 303
14 240
-
Dividends
31 825
36 908
-
-
withholding
8 752
10 150
-
-
total
8 752
10 150
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 607
33 801
56 031
37 174
After tax
41 393
42 199
19 969
38 826
Living cost
18 322
18 322
18 322
18 322
Free-cash
23 071
23 877
1 647
20 504

Estimated living cost  is ₴18322 per week

₴12220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴23578
₴15777
₴14356
₴8670
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
-
-
-
76 000
national
-
-
-
26 937
communal

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

-
-
-
3 845
social contributions
-
-
-
11 903
total
-
-
-
42 685
Employee

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

37 195
-
58 865
-
national
11 435
-
20 473
-
pensions

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

2 790
-
4 415
-
communal

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

1 940
-
3 070
-
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.

324
-
512
-
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.

1 748
-
2 767
-
total
18 237
-
31 237
-
Employer

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

37 195
-
58 865
-
health

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

2 287
-
3 620
-
pensions

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

3 296
-
5 215
-
surtax
4 217
-
6 674
-
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.

484
-
766
-
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.

543
-
859
-
total
10 827
-
17 134
-
Corporate
27 979
76 000
-
-
income
5 596
15 200
-
-
surtax
112
304
-
-
total
5 708
15 504
-
-
Dividends
22 271
60 496
-
-
withholding

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

6 492
17 959
-
-
total
6 492
17 959
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 264
33 463
48 371
42 685
After tax
34 736
42 537
27 629
33 315
Living cost
18 959
18 959
18 959
18 959
Free-cash
15 777
23 578
8 670
14 356

Estimated living cost  is ₴18959 per week

₴12212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴32068
₴28231
₴24048
₴21735
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
-
-
-
76 000
unemployment
-
-
-
337
accident
-
-
-
434
income
-
-
-
18 715
pensions
-
-
-
13 639
other
-
-
-
48
total
-
-
-
33 173
Employee
25 883
-
60 635
-
pensions
1 217
-
2 266
-
unemployment
402
-
747
-
income
5 461
-
17 061
-
other
26
-
48
-
total
7 106
-
20 122
-
Employer
25 883
-
60 635
-
pensions
6 108
-
11 374
-
accident
512
-
954
-
other
206
-
386
-
unemployment
1 424
-
2 650
-
total
8 250
-
15 364
-
Corporate
41 866
76 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 280
11 400
-
-
total
6 280
11 400
-
-
Dividends
35 586
64 600
-
-
withholding
7 354
13 753
-
-
total
7 354
13 753
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 990
25 153
35 486
33 173
After tax
47 010
50 847
40 514
42 827
Living cost
18 779
18 779
18 779
18 779
Free-cash
28 231
32 068
21 735
24 048

Estimated living cost  is ₴18779 per week

₴13829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴17043
₴11222
₴11064
₴14095
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
-
-
-
76 000
accident
-
-
-
640
income
-
-
-
10 737
communal
-
-
-
4 804
health
-
-
-
5 339
surtax
-
-
-
3 767
pensions
-
-
-
11 391
total
-
-
-
36 678
Employee
39 378
-
67 888
-
pensions
3 150
-
5 431
-
income
3 804
-
12 924
-
surtax
2 414
-
4 160
-
health
1 752
-
3 020
-
total
11 120
-
25 535
-
Employer
39 378
-
67 888
-
health
1 201
-
2 070
-
pensions
3 150
-
5 431
-
accident
354
-
611
-
total
4 705
-
8 112
-
Corporate
31 917
76 000
-
-
income
4 788
11 400
-
-
surtax
335
798
-
-
communal
2 154
5 130
-
-
total
7 277
17 328
-
-
Dividends
24 640
58 671
-
-
income
9 722
4 570
-
-
withholding
3 696
8 801
-
-
total
13 418
13 371
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 520
30 699
33 647
36 678
After tax
39 480
45 301
42 353
39 322
Living cost
28 258
28 258
28 258
28 258
Free-cash
11 222
17 043
14 095
11 064

Estimated living cost  is ₴28258 per week

₴21198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴5048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴36125
₴34470
₴24386
₴22272
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
-
-
-
76 000
unemployment
-
-
-
118
income
-
-
-
18 381
health
-
-
-
4 927
surtax
-
-
-
2 629
pensions
-
-
-
13 880
other
-
-
-
-
total
-
-
-
39 935
Employee
17 511
-
62 784
-
pensions
1 168
-
4 188
-
unemployment
1 219
-
4 369
-
income
2 936
-
16 379
-
other
-
-
-
-
surtax
62
-
2 295
-
health
447
-
1 602
-
total
5 832
-
28 833
-
Employer
17 511
-
62 784
-
health
796
-
2 857
-
pensions
2 335
-
8 369
-
other
-
-
-
-
unemployment
556
-
1 990
-
total
3 687
-
13 216
-
Corporate
54 802
76 000
-
-
income
14 249
19 760
-
-
total
14 249
19 760
-
-
Dividends
40 553
56 240
-
-
withholding
6 083
8 436
-
-
total
6 083
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 851
28 196
42 049
39 935
After tax
46 149
47 804
33 951
36 065
Living cost
11 679
11 679
11 679
11 679
Free-cash
34 470
36 125
22 272
24 386

Estimated living cost  is ₴11679 per week

₴7051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴3342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴25940
₴24785
₴22962
₴19430
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
-
-
-
76 000
municipal
-
-
-
452
national
-
-
-
17 886
regional
-
-
-
1 146
social contributions
-
-
-
19 547
total
-
-
-
39 031
Employee
28 844
-
76 000
-
national
4 570
-
15 510
-
social contributions
9 727
-
25 627
-
municipal
153
-
403
-
regional
388
-
1 023
-
total
14 838
-
42 563
-
Employer
28 844
-
76 000
-
total
-
-
-
-
Corporate
47 156
76 000
-
-
municipal
2 344
3 777
-
-
nationa
11 317
18 240
-
-
total
13 661
22 017
-
-
Dividends
33 495
53 982
-
-
withholding
8 709
14 036
-
-
total
8 709
14 036
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 208
36 053
42 563
39 031
After tax
38 792
39 947
33 437
36 969
Living cost
14 007
14 007
14 007
14 007
Free-cash
24 785
25 940
19 430
22 962

Estimated living cost  is ₴14007 per week

₴8711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴36395
₴30712
₴24135
₴22636
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
-
-
-
76 000
solidarity contribution
-
-
-
-
income
-
-
-
7 071
health
-
-
-
10 260
social contributions
-
-
-
18 603
total
-
-
-
35 934
Employee
23 427
-
56 716
-
social contributions
1 523
-
3 687
-
income
2 811
-
6 806
-
solidarity contribution
-
-
-
-
health
3 163
-
7 657
-
total
7 497
-
18 150
-
Employer
23 427
-
56 716
-
social contributions
5 857
-
14 179
-
health
2 108
-
5 104
-
total
7 965
-
19 283
-
Corporate
44 607
76 000
-
-
income
8 475
14 440
-
-
total
8 475
14 440
-
-
Dividends
36 132
61 560
-
-
withholding
5 420
9 234
-
-
total
5 420
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 357
23 674
37 433
35 934
After tax
46 643
52 326
38 567
40 066
Living cost
15 931
15 931
15 931
15 931
Free-cash
30 712
36 395
22 636
24 135

Estimated living cost  is ₴15931 per week

₴11847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴25666
₴25408
₴22340
₴3399
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
-
-
-
76 000
unemployment
-
-
-
3 189
income
-
-
-
17 693
chamber of commerce
-
-
-
304
health
-
-
-
4 647
surtax
-
-
-
-
pensions
-
-
-
11 238
total
-
-
-
37 071
Employee
22 730
20 722
59 015
-
pensions
2 328
2 122
6 043
-
unemployment
682
622
1 770
-
income
2 025
1 528
14 081
-
other
227
207
590
-
health
879
802
2 284
-
total
6 141
5 281
24 768
-
Employer
22 730
20 722
59 015
-
chamber of commerce
91
83
236
-
health
859
783
2 231
-
payroll
682
622
1 770
-
pensions
2 853
2 601
7 407
-
surtax
-
-
-
-
accident
295
269
767
-
other
1 080
984
2 802
-
unemployment
682
622
1 770
-
total
6 542
5 964
16 983
-
Corporate
46 729
49 314
57 043
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

11 682
12 329
14 261
-
total
11 682
12 329
14 261
-
Dividends
35 046
36 985
-
-
withholding
9 638
10 171
-
-
total
9 638
10 171
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 003
33 745
56 012
37 071
After tax
41 997
42 255
19 988
38 929
Living cost
16 589
16 589
16 589
16 589
Free-cash
25 408
25 666
3 399
22 340

Estimated living cost  is ₴16589 per week

₴9952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴65204
₴63892
₴68244
₴53804
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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
8 746
-
76 000
-
income
1 749
-
15 200
-
total
1 749
-
15 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

67 254
76 000
-
-
total
-
-
-
-
Dividends
67 254
76 000
-
-
withholding
3 363
3 800
-
-
total
3 363
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 112
3 800
15 200
760
After tax
70 888
72 200
60 800
75 240
Living cost
6 996
6 996
6 996
6 996
Free-cash
63 892
65 204
53 804
68 244

Estimated living cost  is ₴6996 per week

₴4735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴1733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴38379
₴34030
₴23962
₴21950
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.

-
-
-
76 000
unemployment
-
-
-
114
income
-
-
-
16 618
health
-
-
-
7 479
pensions
-
-
-
13 880
total
-
-
-
38 091
Employee

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

22 994
-
65 760
-
pensions
3 564
-
10 193
-
unemployment
33
-
92
-
income
3 965
-
15 331
-
health
1 485
-
4 248
-
total
9 047
-
29 864
-
Employer

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

22 994
-
65 760
-
health
1 531
-
4 380
-
pensions
2 035
-
5 820
-
unemployment
14
-
39
-
total
3 580
-
10 239
-
Corporate
49 426
76 000
-
-
income
9 391
14 440
-
-
total
9 391
14 440
-
-
Dividends
40 035
61 560
-
-
withholding
6 005
9 234
-
-
total
6 005
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 023
23 674
40 103
38 091
After tax
47 977
52 326
35 897
37 909
Living cost
13 947
13 947
13 947
13 947
Free-cash
34 030
38 379
21 950
23 962

Estimated living cost  is ₴13947 per week

₴9572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴21834
-₴8331
₴28118
₴44155
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
-
-
-
76 000
income
-
-
-
14 814
social contributions
-
-
-
8 664
total
-
-
-
23 478
Employee
34 992
-
-
-
social contributions
2 869
-
409
-
income
7 719
-
-
-
total
10 588
-
409
-
Employer
34 992
-
-
-
social contributions
49 339
-
7 032
-
total
49 339
-
7 032
-
Corporate
-
76 000
-
-
income
-
16 720
-
-
total
-
16 720
-
-
Dividends
-
59 280
-
-
income
-
13 042
-
-
total
-
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 927
29 762
7 441
23 478
After tax
16 073
46 238
68 559
52 522
Living cost
24 404
24 404
24 404
24 404
Free-cash
-8 331
21 834
44 155
28 118

Estimated living cost  is ₴24404 per week

₴15835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴5964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴26918
₴26396
₴24930
₴19632
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.

-
-
-
76 000
income
-
-
-
8 350
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 760
Employee
23 915
-
61 414
-
social contributions
2 631
-
6 755
-
income
4 974
-
18 718
-
surtax
-
-
-
-
total
7 605
-
25 473
-
Employer
23 915
-
61 414
-
social contributions
5 680
-
14 585
-
total
5 680
-
14 585
-
Corporate
46 405
76 000
-
-
income
9 745
15 960
-
-
surtax
-
-
-
-
total
9 745
15 960
-
-
Dividends
36 660
60 040
-
-
withholding
10 264
16 812
-
-
total
10 264
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 294
32 772
40 058
34 760
After tax
42 706
43 228
35 942
41 240
Living cost
16 310
16 310
16 310
16 310
Free-cash
26 396
26 918
19 632
24 930

Estimated living cost  is ₴16310 per week

₴12203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴13190
₴16764
₴17967
₴18396
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
-
-
-
76 000
income
-
-
-
10 633
health
-
-
-
2 727
surtax
-
-
-
-
pensions
-
-
-
15 038
other
-
-
-
2 356
social contributions
-
-
-
2 165
total
-
-
-
32 919
Employee
32 567
-
59 761
-
pensions
3 684
-
3 764
-
social contributions
928
-
1 703
-
income
2 842
-
10 783
-
surtax
-
-
-
-
total
7 454
-
16 250
-
Employer
32 567
-
59 761
-
social contributions
98
-
180
-
health
2 279
-
5 067
-
pensions
5 351
-
6 408
-
other
1 124
-
2 164
-
unemployment
1 319
-
2 421
-
total
10 171
-
16 240
-
Corporate
33 261
76 000
-
-
income
9 313
21 280
-
-
surtax
-
-
-
-
total
9 313
21 280
-
-
Dividends
23 948
54 720
-
-
social contributions
4 119
9 412
-
-
surtax
-
-
-
-
withholding
3 065
7 004
-
-
total
7 184
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 122
37 696
32 490
32 919
After tax
41 878
38 304
43 510
43 081
Living cost
25 114
25 114
25 114
25 114
Free-cash
16 764
13 190
18 396
17 967

Estimated living cost  is ₴25114 per week

₴16997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴344
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.
₴5718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴52770
₴51024
₴40879
₴42898
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
-
-
-
76 000
income
-
-
-
2 771
social contributions
-
-
-
16 720
total
-
-
-
19 491
Employee
16 717
-
65 801
-
social contributions
1 086
-
4 278
-
income
-
-
2 995
-
total
1 086
-
7 273
-
Employer
16 717
-
65 801
-
social contributions
2 591
-
10 199
-
total
2 591
-
10 199
-
Corporate
56 692
76 000
-
-
income
5 669
7 600
-
-
total
5 669
7 600
-
-
Dividends
51 023
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 346
7 600
17 472
19 491
After tax
66 654
68 400
58 528
56 509
Living cost
15 630
15 630
15 630
15 630
Free-cash
51 024
52 770
42 898
40 879

Estimated living cost  is ₴15630 per week

₴10106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴37072
-₴37072
₴20720
-₴37072
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
-
-
-
76 000
municipal
-
-
-
15 373
national
-
-
-
8 419
labour market
-
-
-
6 044
pensions
-
-
-
450
total
-
-
-
30 286
Employee
105 493
105 493
105 493
-
national
12 888
12 888
12 888
-
pensions
150
150
150
-
municipal
22 464
22 464
22 464
-
labour market
8 427
8 427
8 427
-
total
43 929
43 929
43 929
-
Employer
105 493
105 493
105 493
-
municipal
22 500
22 500
22 500
-
labour market
8 439
8 439
8 439
-
national
12 910
12 910
12 910
-
pensions
300
300
300
-
total
44 149
44 149
44 149
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
88 078
88 078
88 078
30 286
After tax
-12 078
-12 078
-12 078
45 714
Living cost
24 994
24 994
24 994
24 994
Free-cash
-37 072
-37 072
-37 072
20 720

Estimated living cost  is ₴24994 per week

₴17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴384
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.
₴5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴4985
₴4447
₴40865
₴29630
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
-
-
-
76 000
accident
-
-
-
130
income
-
-
-
20 414
health
-
-
-
1 121
pensions
-
-
-
2 139
other
-
-
-
190
total
-
-
-
23 994
Employee
17 525
-
67 554
-
pensions
1 973
-
3 921
-
income
2 404
-
15 127
-
health
2 007
-
7 735
-
total
6 384
-
26 783
-
Employer
17 525
-
67 554
-
pensions
2 850
-
5 663
-
accident
293
-
1 128
-
unemployment
429
-
1 655
-
total
3 572
-
8 446
-
Corporate
54 903
76 000
-
-
income

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

49 413
68 400
-
-
total
49 413
68 400
-
-
Dividends
5 490
7 600
-
-
withholding
1 043
1 444
-
-
total
1 043
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 412
69 844
35 229
23 994
After tax
15 588
6 156
40 771
52 006
Living cost
11 141
11 141
11 141
11 141
Free-cash
4 447
-4 985
29 630
40 865

Estimated living cost  is ₴11141 per week

₴8109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴28628
₴29561
₴31316
₴20899
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

-
-
-
76 000
municipal
-
-
-
13 509
national
-
-
-
10 258
health
-
-
-
953
total
-
-
-
24 720
Employee
27 357
-
63 935
-
national
452
-
6 612
-
pensions
1 846
-
4 315
-
unemployment
410
-
959
-
municipal
4 481
-
10 420
-
health
204
-
768
-
total
7 393
-
23 074
-
Employer
27 357
-
63 935
-
health
210
-
492
-
pensions
4 746
-
11 092
-
accident
28
-
64
-
unemployment
178
-
415
-
total
5 162
-
12 063
-
Corporate
43 481
76 000
-
-
income
8 696
15 200
-
-
total
8 696
15 200
-
-
Dividends

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

26 088
45 600
-
-
municipal
4 696
8 208
-
-
national
528
4 000
-
-
total
5 224
12 208
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 475
27 408
35 137
24 720
After tax
49 525
48 592
40 863
51 280
Living cost
19 964
19 964
19 964
19 964
Free-cash
29 561
28 628
20 899
31 316

Estimated living cost  is ₴19964 per week

₴13040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴43457
₴40625
₴40688
₴39976
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
-
-
-
76 000
income
-
-
-
12 922
health
-
-
-
1 938
social contributions
-
-
-
8 413
total
-
-
-
23 273
Employee
39 984
39 984
70 224
-
social contributions
1 512
3 318
4 476
-
income
4 354
3 701
12 539
-
health
310
680
1 194
-
total
6 176
7 699
18 209
-
Employer
39 984
39 984
70 224
-
social contributions
1 512
3 318
4 476
-
health
336
740
1 300
-
total
1 848
4 058
5 776
-
Corporate
55 938
31 957
-
-
income
6 992
3 994
-
-
total
6 992
3 994
-
-
Dividends
48 945
27 963
-
-
withholding
8 320
4 753
-
-
total
8 320
4 753
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 336
20 504
23 985
23 273
After tax
52 664
55 496
52 015
52 727
Living cost
12 039
12 039
12 039
12 039
Free-cash
40 625
43 457
39 976
40 688

Estimated living cost  is ₴12039 per week

₴7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴54679
₴52036
₴54935
₴44505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 000
unemployment
-
-
-
15
income
-
-
-
7 604
health
-
-
-
1 882
pensions
-
-
-
3 308
total
-
-
-
12 809
Employee

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

11 935
-
70 918
-
pensions
1 790
-
7 401
-
unemployment
59
-
247
-
income
816
-
6 314
-
health
1 014
-
4 194
-
total
3 679
-
18 156
-
Employer

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

11 935
-
70 918
-
health
513
-
2 122
-
pensions
656
-
2 714
-
unemployment
59
-
247
-
total
1 228
-
5 083
-
Corporate
62 836
76 000
-
-
income
5 655
6 840
-
-
total
5 655
6 840
-
-
Dividends
57 181
69 160
-
-
withholding
5 146
6 225
-
-
total
5 146
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 708
13 065
23 239
12 809
After tax
60 292
62 935
52 761
63 191
Living cost
8 256
8 256
8 256
8 256
Free-cash
52 036
54 679
44 505
54 935

Estimated living cost  is ₴8256 per week

₴5267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴36548
₴34126
₴28528
₴26215
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
-
-
-
76 000
unemployment
-
-
-
337
accident
-
-
-
434
income
-
-
-
18 715
pensions
-
-
-
13 639
other
-
-
-
48
total
-
-
-
33 173
Employee
19 227
-
60 635
-
pensions
904
-
2 266
-
unemployment
298
-
747
-
income
3 707
-
17 061
-
other
19
-
48
-
total
4 928
-
20 122
-
Employer
19 227
-
60 635
-
pensions
4 537
-
11 374
-
accident
381
-
954
-
other
154
-
386
-
unemployment
1 058
-
2 650
-
total
6 130
-
15 364
-
Corporate
50 643
76 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 596
11 400
-
-
total
7 596
11 400
-
-
Dividends
43 047
64 600
-
-
withholding
8 921
13 753
-
-
total
8 921
13 753
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 575
25 153
35 486
33 173
After tax
48 425
50 847
40 514
42 827
Living cost
14 299
14 299
14 299
14 299
Free-cash
34 126
36 548
26 215
28 528

Estimated living cost  is ₴14299 per week

₴9652
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.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴46542
₴46397
₴47999
₴47937
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
-
-
-
76 000
income
-
-
-
26 008
health
-
-
-
467
pensions
-
-
-
644
total
-
-
-
27 119
Employee
1 344
-
75 276
-
pensions
121
-
290
-
unemployment
13
-
32
-
income
260
-
25 974
-
health
67
-
161
-
total
461
-
26 457
-
Employer
1 344
-
75 276
-
health
128
-
306
-
pensions
148
-
354
-
unemployment
27
-
64
-
total
303
-
724
-
Corporate
74 353
76 000
-
-
income
16 358
16 720
-
-
total
16 358
16 720
-
-
Dividends
57 996
59 280
-
-
withholding
11 599
11 856
-
-
total
11 599
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 721
28 576
27 181
27 119
After tax
47 279
47 424
48 819
48 881
Living cost
882
882
882
882
Free-cash
46 397
46 542
47 937
47 999

Estimated living cost  is ₴882 per week

₴524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴72
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴20
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.
₴266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴45932
₴43377
₴35689
₴35688
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.

-
-
-
76 000
unemployment
-
-
-
575
income
-
-
-
16 831
health
-
-
-
3 952
pensions
-
-
-
9 975
total
-
-
-
31 333
Employee

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

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

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

13 538
-
69 132
-
pensions
1 895
-
5 371
-
unemployment
102
-
288
-
income
1 866
-
16 831
-
health
697
-
1 976
-
total
4 560
-
24 466
-
Employer

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

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

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

13 538
-
69 132
-
health
697
-
1 976
-
pensions
1 625
-
4 604
-
unemployment
102
-
288
-
total
2 424
-
6 868
-
Corporate
60 039
76 000
-
-
income
9 006
11 400
-
-
total
9 006
11 400
-
-
Dividends
51 033
64 600
-
-
withholding
7 655
9 690
-
-
total
7 655
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 645
21 090
31 334
31 333
After tax
52 355
54 910
44 666
44 667
Living cost
8 978
8 978
8 978
8 978
Free-cash
43 377
45 932
35 688
35 689

Estimated living cost  is ₴8978 per week

₴6045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴29210
₴29024
₴27222
₴21924
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.

-
-
-
76 000
income
-
-
-
8 350
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 760
Employee
20 182
-
61 414
-
social contributions
2 220
-
6 755
-
income
3 943
-
18 718
-
surtax
-
-
-
-
total
6 163
-
25 473
-
Employer
20 182
-
61 414
-
social contributions
4 793
-
14 585
-
total
4 793
-
14 585
-
Corporate
51 026
76 000
-
-
income
10 715
15 960
-
-
surtax
-
-
-
-
total
10 715
15 960
-
-
Dividends
40 310
60 040
-
-
withholding
11 287
16 812
-
-
total
11 287
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 958
32 772
40 058
34 760
After tax
43 042
43 228
35 942
41 240
Living cost
14 018
14 018
14 018
14 018
Free-cash
29 024
29 210
21 924
27 222

Estimated living cost  is ₴14018 per week

₴9929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴32573
₴28913
₴24553
₴22240
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
-
-
-
76 000
unemployment
-
-
-
337
accident
-
-
-
434
income
-
-
-
18 715
pensions
-
-
-
13 639
other
-
-
-
48
total
-
-
-
33 173
Employee
25 113
-
60 635
-
pensions
1 180
-
2 266
-
unemployment
389
-
747
-
income
5 245
-
17 061
-
other
25
-
48
-
total
6 839
-
20 122
-
Employer
25 113
-
60 635
-
pensions
5 927
-
11 374
-
accident
497
-
954
-
other
201
-
386
-
unemployment
1 381
-
2 650
-
total
8 006
-
15 364
-
Corporate
42 881
76 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 432
11 400
-
-
total
6 432
11 400
-
-
Dividends
36 449
64 600
-
-
withholding
7 536
13 753
-
-
total
7 536
13 753
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 813
25 153
35 486
33 173
After tax
47 187
50 847
40 514
42 827
Living cost
18 274
18 274
18 274
18 274
Free-cash
28 913
32 573
22 240
24 553

Estimated living cost  is ₴18274 per week

₴13124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴55927
₴52720
₴50638
₴53440
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
-
-
-
76 000
unemployment
-
-
-
74
income
-
-
-
11 400
health
-
-
-
2 114
pensions

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

-
-
-
2 721
total
-
-
-
16 309
Employee
11 987
-
72 394
-
pensions

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

1 052
-
1 614
-
income
1 199
-
7 239
-
health
551
-
846
-
accident

We are using the highest rate at 1.1%.

132
-
202
-
total
2 934
-
9 901
-
Employer
11 987
-
72 394
-
health
827
-
1 268
-
pensions

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

1 321
-
2 026
-
accident

We are using the highest rate at 1.1%.

132
-
202
-
unemployment
72
-
110
-
total
2 352
-
3 606
-
Corporate
61 661
76 000
-
-
income
6 166
7 600
-
-
total
6 166
7 600
-
-
Dividends
55 495
68 400
-
-
withholding
2 775
3 420
-
-
total
2 775
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 227
11 020
13 507
16 309
After tax
61 773
64 980
62 493
59 691
Living cost
9 053
9 053
9 053
9 053
Free-cash
52 720
55 927
53 440
50 638

Estimated living cost  is ₴9053 per week

₴5987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴2331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴19065
₴25867
₴21976
₴29413
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.

-
-
-
76 000
trade
-
-
-
7 437
income

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

-
-
-
21 763
health

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

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

-
-
-
3 552
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.

-
-
-
1 197
total
-
-
-
33 949
Employee

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

25 872
-
76 000
-
income

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

2 127
-
21 763
-
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.

117
-
1 197
-
health

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

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

3 552
-
3 552
-
total
5 796
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 128
76 000
-
-
income
7 519
11 400
-
-
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.

413
627
-
-
trade
7 194
10 906
-
-
chamber of commerce
152
190
-
-
total
15 278
23 123
-
-
Dividends
34 850
52 877
-
-
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.

469
716
-
-
withholding
8 515
13 021
-
-
total
8 984
13 737
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 058
36 860
26 512
33 949
After tax
45 942
39 140
49 488
42 051
Living cost
20 075
20 075
20 075
20 075
Free-cash
25 867
19 065
29 413
21 976

Estimated living cost  is ₴20075 per week

₴13848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴23580
₴24728
₴12255
₴12255
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
-
-
-
76 000
income
-
-
-
21 806
social contributions
-
-
-
12 319
total
-
-
-
34 125
Employee
40 674
-
76 000
-
social contributions
3 379
-
12 319
-
income
7 675
-
21 806
-
total
11 054
-
34 125
-
Employer
40 674
-
76 000
-
total
-
-
-
-
Corporate
35 326
76 000
-
-
income
4 416
9 500
-
-
total
4 416
9 500
-
-
Dividends
30 910
66 500
-
-
withholding
6 182
13 300
-
-
total
6 182
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 652
22 800
34 125
34 125
After tax
54 348
53 200
41 875
41 875
Living cost
29 620
29 620
29 620
29 620
Free-cash
24 728
23 580
12 255
12 255

Estimated living cost  is ₴29620 per week

₴22535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴27778
₴29595
₴39090
₴36114
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.

-
-
-
76 000
income
-
-
-
14 801
health

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

-
-
-
3 234
total
-
-
-
18 035
Employee
23 854
-
73 608
-
social contributions
2 390
-
2 392
-
income
2 588
-
16 227
-
total
4 978
-
18 619
-
Employer
23 854
-
73 608
-
social contributions
2 390
-
2 392
-
total
2 390
-
2 392
-
Corporate
49 756
76 000
-
-
income
17 414
26 600
-
-
total
17 414
26 600
-
-
Dividends
32 342
49 400
-
-
social contributions
2 747
2 747
-
-
total
2 747
2 747
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 529
29 347
21 011
18 035
After tax
48 471
46 653
54 989
57 965
Living cost
18 876
18 876
18 876
18 876
Free-cash
29 595
27 778
36 114
39 090

Estimated living cost  is ₴18876 per week

₴12433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴32087
₴34627
₴32217
₴25248
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
-
-
-
76 000
income
-
-
-
20 034
pensions
-
-
-
4 376
total
-
-
-
24 410
Employee
26 592
-
66 536
-
pensions
2 030
-
5 498
-
income
4 843
-
15 391
-
health
347
-
1 026
-
total
7 220
-
21 915
-
Employer
26 592
-
66 536
-
health
505
-
1 265
-
pensions
2 687
-
8 199
-
total
3 192
-
9 464
-
Corporate
46 216
76 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

8 781
14 439
-
-
total
8 781
14 439
-
-
Dividends
37 435
61 561
-
-
withholding
2 807
10 101
-
-
total
2 807
10 101
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 000
24 540
31 379
24 410
After tax
54 000
51 460
44 621
51 590
Living cost
19 373
19 373
19 373
19 373
Free-cash
34 627
32 087
25 248
32 217

Estimated living cost  is ₴19373 per week

₴13290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴6088
₴4277
₴39762
₴28527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
130
income
-
-
-
20 414
health
-
-
-
1 121
pensions
-
-
-
2 139
other
-
-
-
190
total
-
-
-
23 994
Employee
19 260
-
67 554
-
pensions
2 169
-
3 921
-
income
2 642
-
15 127
-
health
2 205
-
7 735
-
total
7 016
-
26 783
-
Employer
19 260
-
67 554
-
pensions
3 132
-
5 663
-
accident
322
-
1 128
-
unemployment
472
-
1 655
-
total
3 926
-
8 446
-
Corporate
52 815
76 000
-
-
income

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

47 534
68 400
-
-
total
47 534
68 400
-
-
Dividends
5 281
7 600
-
-
withholding
1 003
1 444
-
-
total
1 003
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 479
69 844
35 229
23 994
After tax
16 521
6 156
40 771
52 006
Living cost
12 244
12 244
12 244
12 244
Free-cash
4 277
-6 088
28 527
39 762

Estimated living cost  is ₴12244 per week

₴8986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴56931
₴54497
₴35782
₴45248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
76 000
unemployment
-
-
-
912
health insurance
-
-
-
5 624
income
-
-
-
12 295
work injury
-
-
-
380
pensions
-
-
-
13 984
total
-
-
-
33 195
Employee

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

11 237
-
76 000
-
work injury
56
-
208
-
pensions
2 068
-
7 650
-
unemployment
135
-
499
-
income
1 124
-
12 295
-
health insurance
832
-
3 077
-
total
4 215
-
23 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 763
76 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

648
760
-
-
total
648
760
-
-
Dividends
64 115
75 240
-
-
withholding
9 617
11 286
-
-
total
9 617
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 480
12 046
23 729
33 195
After tax
61 520
63 954
52 271
42 805
Living cost
7 023
7 023
7 023
7 023
Free-cash
54 497
56 931
45 248
35 782

Estimated living cost  is ₴7023 per week

₴4351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴1943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴19317
₴16951
₴15621
₴12195
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
-
-
-
76 000
municipal
-
-
-
508
national
-
-
-
17 886
regional
-
-
-
1 723
social contributions
-
-
-
19 547
total
-
-
-
39 664
Employee
43 817
-
76 000
-
national
7 405
-
15 510
-
social contributions
14 775
-
25 627
-
municipal
261
-
453
-
regional
662
-
1 500
-
total
23 103
-
43 090
-
Employer
43 817
-
76 000
-
total
-
-
-
-
Corporate
32 183
76 000
-
-
municipal
1 551
3 663
-
-
nationa
7 724
18 240
-
-
total
9 275
21 903
-
-
Dividends
22 907
54 097
-
-
withholding
5 956
14 065
-
-
total
5 956
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 334
35 968
43 090
39 664
After tax
37 666
40 032
32 910
36 336
Living cost
20 715
20 715
20 715
20 715
Free-cash
16 951
19 317
12 195
15 621

Estimated living cost  is ₴20715 per week

₴14551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
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.
₴4426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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