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
₴23372
₴34157
₴25808
₴28840
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
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.

-
-
-
22 260
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.

-
-
-
1 225
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.

-
-
-
3 379
trade
-
-
-
8 349
total
-
-
-
35 213
Employee

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

18 915
-
76 000
-
surtax

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

29
-
1 225
-
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.

528
-
22 260
-
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.

3 379
-
3 379
-
total
3 936
-
26 864
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 085
76 000
-
-
income
8 563
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.

471
627
-
-
chamber of commerce
157
184
-
-
trade
8 991
11 970
-
-
total
18 182
24 181
-
-
Dividends
38 903
51 819
-
-
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.

525
702
-
-
withholding
9 538
12 766
-
-
total
10 063
13 468
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 181
37 649
26 864
35 213
After tax
43 819
38 351
49 136
40 787
Living cost
14 979
14 979
14 979
14 979
Free-cash
28 840
23 372
34 157
25 808

Estimated living cost  is ₴14979 per week

₴9422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3531
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
₴20989
₴19284
₴18688
₴20549
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
social contributions
-
-
-
817
municipal
-
-
-
8 213
national
-
-
-
12 727
pensions
-
-
-
9 120
total
-
-
-
30 877
Employee
40 979
-
65 701
-
municipal
5 062
-
8 508
-
pensions
1 639
-
2 628
-
national
7 843
-
13 183
-
total
14 544
-
24 319
-
Employer
40 979
-
65 701
-
pensions
3 278
-
5 256
-
social contributions
441
-
706
-
total
3 719
-
5 962
-
Corporate
28 598
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%.

5 720
15 200
-
-
total
5 720
15 200
-
-
Dividends
22 878
60 800
-
-
withholding
5 033
13 376
-
-
total
5 033
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 016
28 576
30 281
30 877
After tax
46 984
47 424
45 719
45 123
Living cost
26 435
26 435
26 435
26 435
Free-cash
20 549
20 989
19 284
18 688

Estimated living cost  is ₴26435 per week

₴17967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴396
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.
₴5614
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
₴50511
₴35775
₴14824
₴46454
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
income
-
-
-
12 559
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.

-
-
-
18 948
microenterprise
-
-
-
-
total
-
-
-
50 887
Employee
14 451
-
54 896
-
surtax
-
-
-
-
social contributions

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

1 590
-
6 038
-
income
2 572
-
10 674
-
total
4 162
-
16 712
-
Employer
14 451
-
54 896
-
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.

3 481
-
13 224
-
surtax
-
-
-
-
total
3 481
-
13 224
-
Corporate
58 068
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%.

11 614
15 200
-
-
total
11 614
15 200
-
-
Dividends

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

46 454
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 257
15 200
29 936
50 887
After tax
56 743
60 800
46 064
25 113
Living cost
10 289
10 289
10 289
10 289
Free-cash
46 454
50 511
35 775
14 824

Estimated living cost  is ₴10289 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴2511
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
₴16745
₴25560
₴22015
₴13715
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
-
-
-
21 376
health
-
-
-
6 098
pensions
-
-
-
5 794
total
-
-
-
33 268
Employee
42 232
42 232
66 809
-
pensions
7 602
5 794
5 794
-
income

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

6 913
6 913
8 640
-
health
6 482
5 514
6 098
-
total
20 997
18 221
20 532
-
Employer
42 232
42 232
66 809
-
health
2 936
2 936
3 648
-
pensions
2 939
2 939
3 654
-
unemployment
1 520
1 520
1 889
-
total
7 395
7 395
9 191
-
Corporate
26 891
26 373
-
-
income
5 378
5 274
-
-
total
5 378
5 274
-
-
Dividends
21 512
21 098
-
-
income
4 571
4 483
-
-
withholding
3 227
3 165
-
-
total
7 798
7 648
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 568
38 538
29 723
33 268
After tax
34 432
37 462
46 277
42 732
Living cost
20 717
20 717
20 717
20 717
Free-cash
13 715
16 745
25 560
22 015

Estimated living cost  is ₴20717 per week

₴14682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3838
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
₴21224
₴19094
₴19586
₴20769
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
-
-
-
89
other
-
-
-
5 163
unemployment
-
-
-
44
health
-
-
-
2 772
municipal
-
-
-
18 825
national
-
-
-
4 446
pensions
-
-
-
4 803
total
-
-
-
36 142
Employee
28 886
-
62 040
-
municipal
8 614
-
18 500
-
national
-
-
4 174
-
total
8 614
-
22 674
-
Employer
28 886
-
62 040
-
health
1 776
-
2 732
-
pensions
3 122
-
4 803
-
accident
58
-
89
-
unemployment
763
-
1 173
-
other
3 357
-
5 163
-
total
9 076
-
13 960
-
Corporate
38 038
76 000
-
-
income
8 368
16 720
-
-
total
8 368
16 720
-
-
Dividends
29 670
59 280
-
-
withholding
8 901
17 784
-
-
total
8 901
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 959
34 504
36 634
36 142
After tax
41 041
41 496
39 366
39 858
Living cost
20 272
20 272
20 272
20 272
Free-cash
20 769
21 224
19 094
19 586

Estimated living cost  is ₴20272 per week

₴13435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4539
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
₴18532
₴29708
₴20988
₴25480
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
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.

-
-
-
22 260
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.

-
-
-
1 225
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.

-
-
-
3 379
trade
-
-
-
8 720
total
-
-
-
35 584
Employee

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

25 079
-
76 000
-
surtax

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

118
-
1 225
-
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.

2 155
-
22 260
-
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.

3 379
-
3 379
-
total
5 652
-
26 864
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 921
76 000
-
-
income
7 638
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.

420
627
-
-
chamber of commerce
147
183
-
-
trade
8 376
12 502
-
-
total
16 581
24 712
-
-
Dividends
34 338
51 289
-
-
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.

462
694
-
-
withholding
8 397
12 634
-
-
total
8 859
13 328
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 092
38 040
26 864
35 584
After tax
44 908
37 960
49 136
40 416
Living cost
19 428
19 428
19 428
19 428
Free-cash
25 480
18 532
29 708
20 988

Estimated living cost  is ₴19428 per week

₴12993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴4096
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
₴39438
₴35762
₴36462
₴37387
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
-
-
-
13 557
social contributions
-
-
-
8 002
health
-
-
-
1 938
total
-
-
-
23 497
Employee
38 028
38 028
70 439
-
social contributions
1 848
3 156
4 257
-
income
3 993
3 520
13 181
-
health
378
647
1 198
-
total
6 219
7 323
18 636
-
Employer
38 028
38 028
70 439
-
health
412
704
1 304
-
social contributions
1 848
3 156
4 257
-
total
2 260
3 860
5 561
-
Corporate
51 480
34 112
-
-
income
6 435
4 264
-
-
total
6 435
4 264
-
-
Dividends
45 045
29 848
-
-
withholding
7 658
5 074
-
-
total
7 658
5 074
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 572
20 521
24 197
23 497
After tax
53 428
55 479
51 803
52 503
Living cost
16 041
16 041
16 041
16 041
Free-cash
37 387
39 438
35 762
36 462

Estimated living cost  is ₴16041 per week

₴10965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴3553
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
₴33632
₴34969
₴43561
₴33819
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
-
-
-
9 291
unemployment
-
-
-
1 140
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.

13 118
5 221
63 598
-
unemployment
197
78
954
-
pensions
1 312
522
6 360
-
income
1 604
638
7 775
-
health
918
365
4 452
-
total
4 031
1 603
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.

13 118
5 221
63 598
-
pensions
2 558
1 018
12 402
-
total
2 558
1 018
12 402
-
Corporate
60 324
69 761
-
-
income
5 429
6 278
-
-
total
5 429
6 278
-
-
Dividends
54 895
63 483
-
-
social contributions
10 645
12 319
-
-
withholding
10 430
12 062
-
-
total
21 075
24 381
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 093
33 280
31 943
23 351
After tax
42 907
42 720
44 057
52 649
Living cost
9 088
9 088
9 088
9 088
Free-cash
33 819
33 632
34 969
43 561

Estimated living cost  is ₴9088 per week

₴6202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴1961
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
₴48855
₴31862
₴28791
₴45783
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
-
-
-
10 184
health
-
-
-
9 880
pensions
-
-
-
15 200
total
-
-
-
35 264
Employee
14 029
-
56 801
-
unemployment
224
-
908
-
pensions
281
-
1 136
-
income
1 579
-
10 951
-
total
2 084
-
12 995
-
Employer
14 029
-
56 801
-
health
1 823
-
7 384
-
pensions
2 806
-
11 360
-
unemployment
113
-
454
-
total
4 742
-
19 198
-
Corporate
57 228
76 000
-
-
income
11 446
15 200
-
-
total
11 446
15 200
-
-
Dividends
45 782
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 272
15 200
32 193
35 264
After tax
57 728
60 800
43 807
40 736
Living cost
11 945
11 945
11 945
11 945
Free-cash
45 783
48 855
31 862
28 791

Estimated living cost  is ₴11945 per week

₴8193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴711
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.
₴2800
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
-₴4876
₴29817
₴40966
₴4463
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
-
-
-
127
income
-
-
-
20 509
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 086
total
-
-
-
24 002
Employee
17 354
-
67 687
-
pensions
1 954
-
3 826
-
income
2 381
-
15 262
-
health
1 987
-
7 750
-
total
6 322
-
26 838
-
Employer
17 354
-
67 687
-
pensions
2 822
-
5 525
-
accident
290
-
1 130
-
unemployment
425
-
1 658
-
total
3 537
-
8 313
-
Corporate
55 110
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.

49 599
68 400
-
-
total
49 599
68 400
-
-
Dividends
5 511
7 600
-
-
withholding
1 047
1 444
-
-
total
1 047
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 505
69 844
35 151
24 002
After tax
15 495
6 156
40 849
51 998
Living cost
11 032
11 032
11 032
11 032
Free-cash
4 463
-4 876
29 817
40 966

Estimated living cost  is ₴11032 per week

₴8085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2105
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
₴68141
₴56741
₴71181
₴67380
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
5 073
-
76 000
-
income
1 015
-
15 200
-
total
1 015
-
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%.

70 927
76 000
-
-
total
-
-
-
-
Dividends
70 927
76 000
-
-
withholding
3 546
3 800
-
-
total
3 546
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 561
3 800
15 200
760
After tax
71 439
72 200
60 800
75 240
Living cost
4 059
4 059
4 059
4 059
Free-cash
67 380
68 141
56 741
71 181

Estimated living cost  is ₴4059 per week

₴2515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴112
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.
₴1095
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
₴42659
₴30163
₴27218
₴39319
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
-
-
-
10 674
other
-
-
-
3 572
health
-
-
-
3 309
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.

-
-
-
18 049
total
-
-
-
35 604
Employee
17 956
-
60 704
-
unemployment
179
-
607
-
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.

1 257
-
4 249
-
income
3 091
-
11 657
-
health
252
-
850
-
total
4 779
-
17 363
-
Employer
17 956
-
60 704
-
health
252
-
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.

3 053
-
10 319
-
accident
144
-
485
-
unemployment
179
-
607
-
other
898
-
3 035
-
total
4 526
-
15 296
-
Corporate
53 518
76 000
-
-
income
11 238
15 960
-
-
total
11 238
15 960
-
-
Dividends
42 280
60 040
-
-
withholding
2 960
4 203
-
-
total
2 960
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 503
20 163
32 659
35 604
After tax
52 497
55 837
43 341
40 396
Living cost
13 178
13 178
13 178
13 178
Free-cash
39 319
42 659
30 163
27 218

Estimated living cost  is ₴13178 per week

₴9311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴2765
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
₴18047
₴11417
₴18354
₴17369
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
-
-
-
20 608
pensions
-
-
-
4 207
total
-
-
-
24 815
Employee
46 451
-
66 487
-
pensions
4 481
-
5 251
-
income
8 373
-
15 984
-
health
765
-
1 005
-
total
13 619
-
22 240
-
Employer
46 451
-
66 487
-
health
882
-
1 263
-
pensions
5 485
-
8 249
-
total
6 367
-
9 512
-
Corporate
23 182
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.

4 405
14 440
-
-
total
4 405
14 440
-
-
Dividends
18 777
61 560
-
-
withholding
1 409
10 682
-
-
total
1 409
10 682
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 800
25 122
31 752
24 815
After tax
50 200
50 878
44 248
51 185
Living cost
32 831
32 831
32 831
32 831
Free-cash
17 369
18 047
11 417
18 354

Estimated living cost  is ₴32831 per week

₴24601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴4106
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
₴58499
₴56370
₴53508
₴56204
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
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 556
total
-
-
-
16 011
Employee
8 582
-
72 612
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
7 261
-
health
395
-
794
-
total
2 101
-
9 761
-
Employer
8 582
-
72 612
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
65 734
76 000
-
-
income
6 573
7 600
-
-
total
6 573
7 600
-
-
Dividends
59 160
68 400
-
-
withholding
2 958
3 420
-
-
total
2 958
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 315
11 020
13 149
16 011
After tax
62 685
64 980
62 851
59 989
Living cost
6 481
6 481
6 481
6 481
Free-cash
56 204
58 499
56 370
53 508

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
₴10039
₴18854
₴15309
₴11282
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
-
-
-
21 376
health
-
-
-
6 098
pensions
-
-
-
5 794
total
-
-
-
33 268
Employee
45 851
42 232
66 809
-
pensions
5 794
5 794
5 794
-
income

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

6 913
6 913
8 640
-
health
5 720
5 514
6 098
-
total
18 427
18 221
20 532
-
Employer
45 851
42 232
66 809
-
health
3 186
2 936
3 648
-
pensions
3 191
2 939
3 654
-
unemployment
1 651
1 520
1 889
-
total
8 028
7 395
9 191
-
Corporate
22 122
26 373
-
-
income
4 424
5 274
-
-
total
4 424
5 274
-
-
Dividends
17 698
21 098
-
-
income
3 761
4 483
-
-
withholding
2 655
3 165
-
-
total
6 416
7 648
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 295
38 538
29 723
33 268
After tax
38 705
37 462
46 277
42 732
Living cost
27 423
27 423
27 423
27 423
Free-cash
11 282
10 039
18 854
15 309

Estimated living cost  is ₴27423 per week

₴20229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4431
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
₴40028
₴26269
₴28539
₴35640
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
-
-
-
7 207
social contributions
-
-
-
17 696
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 163
Employee
18 085
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 176
-
3 687
-
income
2 170
-
6 806
-
health
2 441
-
7 657
-
total
5 787
-
18 150
-
Employer
18 085
-
56 716
-
health
1 628
-
5 104
-
social contributions
4 521
-
14 179
-
total
6 149
-
19 283
-
Corporate
51 766
76 000
-
-
income
9 836
14 440
-
-
total
9 836
14 440
-
-
Dividends
41 930
61 560
-
-
withholding
6 290
9 234
-
-
total
6 290
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 062
23 674
37 433
35 163
After tax
47 938
52 326
38 567
40 837
Living cost
12 298
12 298
12 298
12 298
Free-cash
35 640
40 028
26 269
28 539

Estimated living cost  is ₴12298 per week

₴8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
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.
₴2639
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
₴19681
₴12633
₴16105
₴17098
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
social contributions
-
-
-
19 547
regional
-
-
-
885
municipal
-
-
-
451
national
-
-
-
18 144
total
-
-
-
39 027
Employee
43 952
-
76 000
-
municipal
233
-
403
-
national
7 616
-
15 688
-
regional
415
-
781
-
social contributions
14 821
-
25 627
-
total
23 085
-
42 499
-
Employer
43 952
-
76 000
-
total
-
-
-
-
Corporate
32 048
76 000
-
-
municipal
1 250
2 964
-
-
nationa
7 692
18 240
-
-
total
8 942
21 204
-
-
Dividends
23 106
54 797
-
-
withholding
6 007
14 247
-
-
total
6 007
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 034
35 451
42 499
39 027
After tax
37 966
40 549
33 501
36 973
Living cost
20 868
20 868
20 868
20 868
Free-cash
17 098
19 681
12 633
16 105

Estimated living cost  is ₴20868 per week

₴14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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.
₴4632
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
₴36891
₴22599
₴25152
₴35353
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
-
-
-
19 156
other
-
-
-
-
surtax
-
-
-
2 779
unemployment
-
-
-
113
health
-
-
-
4 686
pensions
-
-
-
13 201
total
-
-
-
39 935
Employee
16 354
-
62 783
-
other
-
-
-
-
unemployment
1 138
-
4 370
-
pensions
1 091
-
4 188
-
surtax
53
-
2 376
-
income
2 741
-
16 736
-
health
418
-
1 601
-
total
5 441
-
29 271
-
Employer
16 354
-
62 783
-
health
744
-
2 857
-
pensions
2 180
-
8 369
-
unemployment
518
-
1 991
-
other
-
-
-
-
total
3 442
-
13 217
-
Corporate
56 203
76 000
-
-
income
14 613
19 760
-
-
total
14 613
19 760
-
-
Dividends
41 590
56 240
-
-
withholding
6 238
8 436
-
-
total
6 238
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 734
28 196
42 488
39 935
After tax
46 266
47 804
33 512
36 065
Living cost
10 913
10 913
10 913
10 913
Free-cash
35 353
36 891
22 599
25 152

Estimated living cost  is ₴10913 per week

₴6673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2982
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
₴28449
₴21819
₴28756
₴30651
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
-
-
-
20 608
pensions
-
-
-
4 207
total
-
-
-
24 815
Employee
31 130
-
66 487
-
pensions
2 642
-
5 251
-
income
5 607
-
15 984
-
health
452
-
1 005
-
total
8 701
-
22 240
-
Employer
31 130
-
66 487
-
health
591
-
1 263
-
pensions
3 370
-
8 249
-
total
3 961
-
9 512
-
Corporate
40 908
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.

7 772
14 440
-
-
total
7 772
14 440
-
-
Dividends
33 136
61 560
-
-
withholding
2 486
10 682
-
-
total
2 486
10 682
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 920
25 122
31 752
24 815
After tax
53 080
50 878
44 248
51 185
Living cost
22 429
22 429
22 429
22 429
Free-cash
30 651
28 449
21 819
28 756

Estimated living cost  is ₴22429 per week

₴16804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1681
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.
₴3709
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
-₴4731
₴19029
₴22722
₴12163
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
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
regional
-
-
-
3 384
health
-
-
-
171
city
-
-
-
801
national
-
-
-
927
pensions
-
-
-
6 992
total
-
-
-
13 795
Employee
46 205
-
68 023
-
unemployment
-
-
-
-
pensions
3 882
-
5 714
-
national
219
-
752
-
regional
1 513
-
2 910
-
city
496
-
731
-
health
104
-
153
-
total
6 214
-
10 260
-
Employer
46 205
-
68 023
-
health
104
-
153
-
pensions
3 882
-
5 714
-
unemployment
-
-
-
-
other

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

924
-
1 361
-
total
4 910
-
7 228
-
Corporate
24 376
76 000
-
-
regional
5 156
16 074
-
-
national
2 072
6 460
-
-
total
7 228
22 534
-
-
Dividends
17 149
53 466
-
-
withholding
6 002
18 714
-
-
total
6 002
18 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 354
41 248
17 488
13 795
After tax
51 646
34 752
58 512
62 205
Living cost
39 483
39 483
39 483
39 483
Free-cash
12 163
-4 731
19 029
22 722

Estimated living cost  is ₴39483 per week

₴25675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴485
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.
₴9780
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
₴14912
₴26481
₴17391
₴22933
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
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.

-
-
-
22 260
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.

-
-
-
1 225
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.

-
-
-
3 379
trade
-
-
-
9 090
total
-
-
-
35 954
Employee

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

29 721
-
76 000
-
surtax

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

192
-
1 225
-
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.

3 495
-
22 260
-
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.

3 379
-
3 379
-
total
7 066
-
26 864
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 279
76 000
-
-
income
6 942
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.

382
627
-
-
chamber of commerce
140
182
-
-
trade
7 937
13 034
-
-
total
15 401
25 243
-
-
Dividends
30 878
50 757
-
-
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.

414
688
-
-
withholding
7 531
12 502
-
-
total
7 945
13 190
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 412
38 433
26 864
35 954
After tax
45 588
37 567
49 136
40 046
Living cost
22 655
22 655
22 655
22 655
Free-cash
22 933
14 912
26 481
17 391

Estimated living cost  is ₴22655 per week

₴16547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4003
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
₴21384
₴26086
₴26088
₴24304
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
-
-
-
10 993
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 866
pensions
-
-
-
14 611
total
-
-
-
32 992
Employee
21 166
-
59 511
-
pensions
2 393
-
3 851
-
surtax
-
-
-
-
social contributions
603
-
1 696
-
income
1 249
-
10 958
-
total
4 245
-
16 505
-
Employer
21 166
-
59 511
-
health
1 482
-
5 167
-
pensions
3 477
-
6 535
-
unemployment
857
-
2 410
-
social contributions
64
-
178
-
other
730
-
2 199
-
total
6 610
-
16 489
-
Corporate
48 224
76 000
-
-
income
13 503
21 280
-
-
surtax
-
-
-
-
total
13 503
21 280
-
-
Dividends
34 721
54 720
-
-
surtax
-
-
-
-
social contributions
5 973
9 412
-
-
withholding
4 445
7 004
-
-
total
10 418
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 776
37 696
32 994
32 992
After tax
41 224
38 304
43 006
43 008
Living cost
16 920
16 920
16 920
16 920
Free-cash
24 304
21 384
26 086
26 088

Estimated living cost  is ₴16920 per week

₴10669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4588
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
₴23060
₴27762
₴27764
₴25809
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
-
-
-
10 993
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 866
pensions
-
-
-
14 611
total
-
-
-
32 992
Employee
18 893
-
59 511
-
pensions
2 137
-
3 851
-
surtax
-
-
-
-
social contributions
539
-
1 696
-
income
974
-
10 958
-
total
3 650
-
16 505
-
Employer
18 893
-
59 511
-
health
1 322
-
5 167
-
pensions
3 105
-
6 535
-
unemployment
765
-
2 410
-
social contributions
56
-
178
-
other
652
-
2 199
-
total
5 900
-
16 489
-
Corporate
51 206
76 000
-
-
income
14 337
21 280
-
-
surtax
-
-
-
-
total
14 337
21 280
-
-
Dividends
36 869
54 720
-
-
surtax
-
-
-
-
social contributions
6 340
9 412
-
-
withholding
4 720
7 004
-
-
total
11 060
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 947
37 696
32 994
32 992
After tax
41 053
38 304
43 006
43 008
Living cost
15 244
15 244
15 244
15 244
Free-cash
25 809
23 060
27 762
27 764

Estimated living cost  is ₴15244 per week

₴8841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1549
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.
₴4566
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
₴35879
₴37080
₴38321
₴36136
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
social contributions
-
-
-
10 488
health
-
-
-
5 304
total
-
-
-
27 192
Employee
16 768
-
76 000
-
social contributions
2 314
-
10 488
-
income
2 797
-
12 641
-
health
1 170
-
5 304
-
total
6 281
-
28 433
-
Employer
16 768
-
76 000
-
total
-
-
-
-
Corporate
59 232
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%.

2 962
3 800
-
-
total
2 962
3 800
-
-
Dividends
56 270
72 200
-
-
social contributions
7 765
9 964
-
-
withholding
8 441
10 830
-
-
health
3 928
5 040
-
-
total
20 134
25 834
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 377
29 634
28 433
27 192
After tax
46 623
46 366
47 567
48 808
Living cost
10 487
10 487
10 487
10 487
Free-cash
36 136
35 879
37 080
38 321

Estimated living cost  is ₴10487 per week

₴7018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2580
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
₴24731
₴2414
₴21551
₴23966
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
-
-
-
18 481
surtax
-
-
-
98
unemployment
-
-
-
3 033
chamber of commerce
-
-
-
304
health
-
-
-
4 419
pensions
-
-
-
10 688
total
-
-
-
37 023
Employee
24 715
19 708
59 173
-
other
247
197
578
-
unemployment
741
591
1 733
-
pensions
2 531
2 018
5 916
-
income
2 814
1 454
14 546
-
health
956
763
2 235
-
total
7 289
5 023
25 008
-
Employer
24 715
19 708
59 173
-
chamber of commerce
99
79
236
-
health
934
745
2 184
-
pensions
3 102
2 474
7 251
-
accident
321
256
751
-
unemployment
741
591
1 733
-
surtax
98
98
98
-
payroll
741
591
1 776
-
other
1 174
936
2 799
-
total
7 210
5 770
16 828
-
Corporate
44 075
50 522
57 296
-
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.

11 019
12 630
14 324
-
total
11 019
12 630
14 324
-
Dividends
33 057
37 892
-
-
withholding
9 090
10 420
-
-
total
9 090
10 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 608
33 843
56 160
37 023
After tax
41 392
42 157
19 840
38 977
Living cost
17 426
17 426
17 426
17 426
Free-cash
23 966
24 731
2 414
21 551

Estimated living cost  is ₴17426 per week

₴11622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴4031
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
₴24496
₴9346
₴15058
₴17079
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
communal

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

-
-
-
3 849
social contributions
-
-
-
11 847
national
-
-
-
27 214
total
-
-
-
42 910
Employee

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

35 375
-
58 865
-
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.

308
-
512
-
communal

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

1 845
-
3 070
-
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.

2 653
-
4 415
-
national
10 876
-
20 723
-
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.

1 662
-
2 767
-
total
17 344
-
31 487
-
Employer

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

35 375
-
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.

2 175
-
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.

3 135
-
5 215
-
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.

460
-
765
-
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.

516
-
860
-
surtax
4 011
-
6 675
-
total
10 297
-
17 135
-
Corporate
30 328
76 000
-
-
income
6 065
15 200
-
-
surtax
121
304
-
-
total
6 186
15 504
-
-
Dividends
24 141
60 496
-
-
withholding

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

7 062
17 968
-
-
total
7 062
17 968
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 889
33 472
48 622
42 910
After tax
35 111
42 528
27 378
33 090
Living cost
18 032
18 032
18 032
18 032
Free-cash
17 079
24 496
9 346
15 058

Estimated living cost  is ₴18032 per week

₴11615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4558
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
₴32933
₴22839
₴24915
₴29348
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
-
-
-
413
income
-
-
-
19 473
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 972
total
-
-
-
33 225
Employee
24 617
-
61 387
-
other
24
-
46
-
unemployment
382
-
710
-
pensions
1 157
-
2 155
-
income
5 194
-
17 776
-
total
6 757
-
20 687
-
Employer
24 617
-
61 387
-
pensions
5 809
-
10 818
-
accident
487
-
908
-
unemployment
1 354
-
2 521
-
other
196
-
367
-
total
7 846
-
14 614
-
Corporate
43 536
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.

6 530
11 400
-
-
total
6 530
11 400
-
-
Dividends
37 006
64 600
-
-
withholding
7 659
13 807
-
-
total
7 659
13 807
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 792
25 207
35 301
33 225
After tax
47 208
50 793
40 699
42 775
Living cost
17 860
17 860
17 860
17 860
Free-cash
29 348
32 933
22 839
24 915

Estimated living cost  is ₴17860 per week

₴13152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3183
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
₴18216
₴14974
₴11944
₴12453
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
communal
-
-
-
4 803
accident
-
-
-
641
income
-
-
-
11 238
surtax
-
-
-
3 768
health
-
-
-
5 339
pensions
-
-
-
11 391
total
-
-
-
37 180
Employee
37 451
-
67 888
-
pensions
2 996
-
5 431
-
surtax
2 296
-
4 160
-
income
3 617
-
13 426
-
health
1 667
-
3 021
-
total
10 576
-
26 038
-
Employer
37 451
-
67 888
-
health
1 142
-
2 070
-
pensions
2 996
-
5 431
-
accident
337
-
611
-
total
4 475
-
8 112
-
Corporate
34 074
76 000
-
-
communal
2 300
5 130
-
-
income
5 111
11 400
-
-
surtax
358
798
-
-
total
7 769
17 328
-
-
Dividends
26 305
58 673
-
-
income
9 906
4 779
-
-
withholding
3 945
8 801
-
-
total
13 851
13 580
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 671
30 908
34 150
37 180
After tax
39 329
45 092
41 850
38 820
Living cost
26 876
26 876
26 876
26 876
Free-cash
12 453
18 216
14 974
11 944

Estimated living cost  is ₴26876 per week

₴20161
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.
₴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.
₴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 Luxembourg model

Close
Athens , Greece
₴36696
₴22404
₴24957
₴35125
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
-
-
-
19 156
other
-
-
-
-
surtax
-
-
-
2 779
unemployment
-
-
-
113
health
-
-
-
4 686
pensions
-
-
-
13 201
total
-
-
-
39 935
Employee
16 655
-
62 783
-
other
-
-
-
-
unemployment
1 159
-
4 370
-
pensions
1 111
-
4 188
-
surtax
59
-
2 376
-
income
2 792
-
16 736
-
health
425
-
1 601
-
total
5 546
-
29 271
-
Employer
16 655
-
62 783
-
health
757
-
2 857
-
pensions
2 220
-
8 369
-
unemployment
528
-
1 991
-
other
-
-
-
-
total
3 505
-
13 217
-
Corporate
55 839
76 000
-
-
income
14 518
19 760
-
-
total
14 518
19 760
-
-
Dividends
41 321
56 240
-
-
withholding
6 198
8 436
-
-
total
6 198
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 767
28 196
42 488
39 935
After tax
46 233
47 804
33 512
36 065
Living cost
11 108
11 108
11 108
11 108
Free-cash
35 125
36 696
22 404
24 957

Estimated living cost  is ₴11108 per week

₴6706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴966
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.
₴3179
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
₴26626
₴19938
₴23390
₴25528
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
social contributions
-
-
-
19 547
regional
-
-
-
1 146
municipal
-
-
-
451
national
-
-
-
18 144
total
-
-
-
39 288
Employee
27 433
-
76 000
-
municipal
145
-
403
-
national
4 346
-
15 688
-
regional
369
-
1 022
-
social contributions
9 251
-
25 627
-
total
14 111
-
42 740
-
Employer
27 433
-
76 000
-
total
-
-
-
-
Corporate
48 567
76 000
-
-
municipal
2 414
3 777
-
-
nationa
11 656
18 240
-
-
total
14 070
22 017
-
-
Dividends
34 497
53 983
-
-
withholding
8 969
14 035
-
-
total
8 969
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 150
36 052
42 740
39 288
After tax
38 850
39 948
33 260
36 712
Living cost
13 322
13 322
13 322
13 322
Free-cash
25 528
26 626
19 938
23 390

Estimated living cost  is ₴13322 per week

₴8285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3459
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
₴37172
₴23413
₴25683
₴31765
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
-
-
-
7 207
social contributions
-
-
-
17 696
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 163
Employee
22 286
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 449
-
3 687
-
income
2 674
-
6 806
-
health
3 009
-
7 657
-
total
7 132
-
18 150
-
Employer
22 286
-
56 716
-
health
2 006
-
5 104
-
social contributions
5 571
-
14 179
-
total
7 577
-
19 283
-
Corporate
46 137
76 000
-
-
income
8 766
14 440
-
-
total
8 766
14 440
-
-
Dividends
37 371
61 560
-
-
withholding
5 606
9 234
-
-
total
5 606
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 081
23 674
37 433
35 163
After tax
46 919
52 326
38 567
40 837
Living cost
15 154
15 154
15 154
15 154
Free-cash
31 765
37 172
23 413
25 683

Estimated living cost  is ₴15154 per week

₴11270
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.
₴262
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.
₴2783
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
₴26431
₴4093
₴23297
₴26189
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
-
-
-
18 481
surtax
-
-
-
-
unemployment
-
-
-
3 033
chamber of commerce
-
-
-
304
health
-
-
-
4 419
pensions
-
-
-
10 688
total
-
-
-
36 925
Employee
21 618
19 708
59 264
-
other
216
197
578
-
unemployment
648
591
1 733
-
pensions
2 214
2 018
5 916
-
income
1 926
1 454
14 584
-
health
836
763
2 235
-
total
5 840
5 023
25 046
-
Employer
21 618
19 708
59 264
-
chamber of commerce
86
79
237
-
health
817
745
2 184
-
pensions
2 713
2 474
7 251
-
accident
281
256
751
-
unemployment
648
591
1 733
-
surtax
-
-
-
-
payroll
648
591
1 778
-
other
1 027
936
2 802
-
total
6 220
5 672
16 736
-
Corporate
48 161
50 619
57 387
-
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.

12 040
12 655
14 347
-
total
12 040
12 655
14 347
-
Dividends
36 121
37 965
-
-
withholding
9 933
10 441
-
-
total
9 933
10 441
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 033
33 791
56 129
36 925
After tax
41 967
42 209
19 871
39 075
Living cost
15 778
15 778
15 778
15 778
Free-cash
26 189
26 431
4 093
23 297

Estimated living cost  is ₴15778 per week

₴9465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4420
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
₴65875
₴54475
₴68915
₴64689
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
7 906
-
76 000
-
income
1 581
-
15 200
-
total
1 581
-
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%.

68 094
76 000
-
-
total
-
-
-
-
Dividends
68 094
76 000
-
-
withholding
3 405
3 800
-
-
total
3 405
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 986
3 800
15 200
760
After tax
71 014
72 200
60 800
75 240
Living cost
6 325
6 325
6 325
6 325
Free-cash
64 689
65 875
54 475
68 915

Estimated living cost  is ₴6325 per week

₴4280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴1567
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
₴39061
₴22404
₴24418
₴34925
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
income
-
-
-
16 846
unemployment
-
-
-
114
health
-
-
-
7 478
pensions
-
-
-
13 879
total
-
-
-
38 317
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.

21 869
-
65 761
-
unemployment
31
-
92
-
pensions
3 390
-
10 193
-
income
3 771
-
15 558
-
health
1 412
-
4 249
-
total
8 604
-
30 092
-
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.

21 869
-
65 761
-
health
1 457
-
4 380
-
pensions
1 935
-
5 820
-
unemployment
13
-
39
-
total
3 405
-
10 239
-
Corporate
50 726
76 000
-
-
income
9 638
14 440
-
-
total
9 638
14 440
-
-
Dividends
41 088
61 560
-
-
withholding
6 163
9 234
-
-
total
6 163
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 810
23 674
40 331
38 317
After tax
48 190
52 326
35 669
37 683
Living cost
13 265
13 265
13 265
13 265
Free-cash
34 925
39 061
22 404
24 418

Estimated living cost  is ₴13265 per week

₴9103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3055
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
₴24842
₴48080
₴31126
₴1255
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
30 680
-
-
-
social contributions
2 516
-
359
-
income
6 767
-
-
-
total
9 283
-
359
-
Employer
30 680
-
-
-
social contributions
43 258
-
6 165
-
total
43 258
-
6 165
-
Corporate
2 062
76 000
-
-
income
454
16 720
-
-
total
454
16 720
-
-
Dividends
1 609
59 280
-
-
income
354
13 042
-
-
total
354
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 349
29 762
6 524
23 478
After tax
22 651
46 238
69 476
52 522
Living cost
21 396
21 396
21 396
21 396
Free-cash
1 255
24 842
48 080
31 126

Estimated living cost  is ₴21396 per week

₴13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5229
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
₴27717
₴20141
₴25583
₴27219
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
-
-
-
8 495
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 905
Employee
22 745
-
61 414
-
surtax
-
-
-
-
social contributions
2 502
-
6 755
-
income
4 731
-
19 006
-
total
7 233
-
25 761
-
Employer
22 745
-
61 414
-
social contributions
5 402
-
14 586
-
total
5 402
-
14 586
-
Corporate
47 853
76 000
-
-
income
10 049
15 960
-
-
surtax
-
-
-
-
total
10 049
15 960
-
-
Dividends
37 803
60 040
-
-
withholding
10 585
16 811
-
-
total
10 585
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 269
32 771
40 347
34 905
After tax
42 731
43 229
35 653
41 095
Living cost
15 512
15 512
15 512
15 512
Free-cash
27 219
27 717
20 141
25 583

Estimated living cost  is ₴15512 per week

₴11606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2732
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
₴14418
₴19120
₴19122
₴17818
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
-
-
-
10 993
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 866
pensions
-
-
-
14 611
total
-
-
-
32 992
Employee
30 974
-
59 511
-
pensions
3 503
-
3 851
-
surtax
-
-
-
-
social contributions
882
-
1 696
-
income
2 703
-
10 958
-
total
7 088
-
16 505
-
Employer
30 974
-
59 511
-
health
2 168
-
5 167
-
pensions
5 089
-
6 535
-
unemployment
1 255
-
2 410
-
social contributions
93
-
178
-
other
1 069
-
2 199
-
total
9 674
-
16 489
-
Corporate
35 352
76 000
-
-
income
9 898
21 280
-
-
surtax
-
-
-
-
total
9 898
21 280
-
-
Dividends
25 453
54 720
-
-
surtax
-
-
-
-
social contributions
4 378
9 412
-
-
withholding
3 258
7 004
-
-
total
7 636
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 296
37 696
32 994
32 992
After tax
41 704
38 304
43 006
43 008
Living cost
23 886
23 886
23 886
23 886
Free-cash
17 818
14 418
19 120
19 122

Estimated living cost  is ₴23886 per week

₴16166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5439
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
₴53534
₴43507
₴41490
₴51874
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
-
-
-
2 924
social contributions
-
-
-
16 720
total
-
-
-
19 644
Employee
15 899
-
65 800
-
income
-
-
3 150
-
social contributions
1 033
-
4 277
-
total
1 033
-
7 427
-
Employer
15 899
-
65 800
-
social contributions
2 464
-
10 200
-
total
2 464
-
10 200
-
Corporate
57 636
76 000
-
-
income
5 763
7 600
-
-
total
5 763
7 600
-
-
Dividends
51 873
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 260
7 600
17 627
19 644
After tax
66 740
68 400
58 373
56 356
Living cost
14 866
14 866
14 866
14 866
Free-cash
51 874
53 534
43 507
41 490

Estimated living cost  is ₴14866 per week

₴9612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3853
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
-₴31651
-₴31651
₴21665
-₴31651
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
labour market
-
-
-
6 046
municipal
-
-
-
15 504
national
-
-
-
8 562
pensions
-
-
-
428
total
-
-
-
30 540
Employee
100 434
100 434
100 434
-
municipal
21 387
21 387
21 387
-
labour market
8 023
8 023
8 023
-
pensions
143
143
143
-
national
12 270
12 270
12 270
-
total
41 823
41 823
41 823
-
Employer
100 434
100 434
100 434
-
national
12 291
12 291
12 291
-
labour market
8 035
8 035
8 035
-
pensions
286
286
286
-
municipal
21 421
21 421
21 421
-
total
42 033
42 033
42 033
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
83 856
83 856
83 856
30 540
After tax
-7 856
-7 856
-7 856
45 460
Living cost
23 795
23 795
23 795
23 795
Free-cash
-31 651
-31 651
-31 651
21 665

Estimated living cost  is ₴23795 per week

₴16286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴366
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.
₴5039
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
-₴4713
₴29980
₴41129
₴4489
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
-
-
-
127
income
-
-
-
20 509
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 086
total
-
-
-
24 002
Employee
17 098
-
67 687
-
pensions
1 925
-
3 826
-
income
2 346
-
15 262
-
health
1 958
-
7 750
-
total
6 229
-
26 838
-
Employer
17 098
-
67 687
-
pensions
2 780
-
5 525
-
accident
285
-
1 130
-
unemployment
419
-
1 658
-
total
3 484
-
8 313
-
Corporate
55 418
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.

49 876
68 400
-
-
total
49 876
68 400
-
-
Dividends
5 542
7 600
-
-
withholding
1 053
1 444
-
-
total
1 053
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 642
69 844
35 151
24 002
After tax
15 358
6 156
40 849
51 998
Living cost
10 869
10 869
10 869
10 869
Free-cash
4 489
-4 713
29 980
41 129

Estimated living cost  is ₴10869 per week

₴7912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2134
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
₴29327
₴21588
₴31647
₴30303
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
health
-
-
-
964
municipal
-
-
-
13 507
national
-
-
-
10 895
total
-
-
-
25 366
Employee
26 019
-
63 935
-
municipal
4 262
-
10 419
-
unemployment
390
-
959
-
pensions
1 756
-
4 315
-
national
430
-
6 888
-
health
194
-
778
-
total
7 032
-
23 359
-
Employer
26 019
-
63 935
-
health
200
-
493
-
pensions
4 514
-
11 093
-
accident
26
-
64
-
unemployment
169
-
416
-
total
4 909
-
12 066
-
Corporate
45 072
76 000
-
-
income
9 014
15 200
-
-
total
9 014
15 200
-
-
Dividends

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

27 043
45 600
-
-
municipal
4 868
8 208
-
-
national
887
4 278
-
-
total
5 755
12 486
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 710
27 686
35 425
25 366
After tax
49 290
48 314
40 575
50 634
Living cost
18 987
18 987
18 987
18 987
Free-cash
30 303
29 327
21 588
31 647

Estimated living cost  is ₴18987 per week

₴12402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4457
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
₴44029
₴40353
₴41053
₴41336
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
-
-
-
13 557
social contributions
-
-
-
8 002
health
-
-
-
1 938
total
-
-
-
23 497
Employee
38 028
38 028
70 439
-
social contributions
1 438
3 156
4 257
-
income
4 141
3 520
13 181
-
health
295
647
1 198
-
total
5 874
7 323
18 636
-
Employer
38 028
38 028
70 439
-
health
320
704
1 304
-
social contributions
1 438
3 156
4 257
-
total
1 758
3 860
5 561
-
Corporate
56 919
34 112
-
-
income
7 115
4 264
-
-
total
7 115
4 264
-
-
Dividends
49 804
29 848
-
-
withholding
8 467
5 074
-
-
total
8 467
5 074
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 214
20 521
24 197
23 497
After tax
52 786
55 479
51 803
52 503
Living cost
11 450
11 450
11 450
11 450
Free-cash
41 336
44 029
40 353
41 053

Estimated living cost  is ₴11450 per week

₴6862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴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 Larnaca model

Close
Podgorica , Montenegro
₴55084
₴45636
₴55558
₴52568
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
income
-
-
-
7 640
unemployment
-
-
-
14
health
-
-
-
1 790
pensions
-
-
-
3 146
total
-
-
-
12 590
Employee

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

11 352
-
71 167
-
unemployment
56
-
235
-
pensions
1 702
-
7 039
-
income
776
-
6 415
-
health
965
-
3 989
-
total
3 499
-
17 678
-
Employer

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

11 352
-
71 167
-
health
488
-
2 018
-
pensions
624
-
2 581
-
unemployment
56
-
235
-
total
1 168
-
4 834
-
Corporate
63 480
76 000
-
-
income
5 714
6 840
-
-
total
5 714
6 840
-
-
Dividends
57 767
69 160
-
-
withholding
5 199
6 224
-
-
total
5 199
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 580
13 064
22 512
12 590
After tax
60 420
62 936
53 488
63 410
Living cost
7 852
7 852
7 852
7 852
Free-cash
52 568
55 084
45 636
55 558

Estimated living cost  is ₴7852 per week

₴5010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴2042
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
₴37194
₴27100
₴29176
₴34955
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
-
-
-
413
income
-
-
-
19 473
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 972
total
-
-
-
33 225
Employee
18 286
-
61 387
-
other
18
-
46
-
unemployment
283
-
710
-
pensions
860
-
2 155
-
income
3 525
-
17 776
-
total
4 686
-
20 687
-
Employer
18 286
-
61 387
-
pensions
4 315
-
10 818
-
accident
362
-
908
-
unemployment
1 006
-
2 521
-
other
146
-
367
-
total
5 829
-
14 614
-
Corporate
51 884
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.

7 783
11 400
-
-
total
7 783
11 400
-
-
Dividends
44 101
64 600
-
-
withholding
9 148
13 807
-
-
total
9 148
13 807
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 446
25 207
35 301
33 225
After tax
48 554
50 793
40 699
42 775
Living cost
13 599
13 599
13 599
13 599
Free-cash
34 955
37 194
27 100
29 176

Estimated living cost  is ₴13599 per week

₴9179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴2875
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
₴46463
₴47807
₴47875
₴46306
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
-
-
-
25 955
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
27 164
Employee
1 464
-
75 211
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
25 918
-
health
73
-
175
-
total
503
-
26 443
-
Employer
1 464
-
75 211
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
74 207
76 000
-
-
income
16 325
16 720
-
-
total
16 325
16 720
-
-
Dividends
57 881
59 280
-
-
withholding
11 576
11 856
-
-
total
11 576
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 733
28 576
27 232
27 164
After tax
47 267
47 424
48 768
48 836
Living cost
961
961
961
961
Free-cash
46 306
46 463
47 807
47 875

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴290
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
₴46359
₴36701
₴36701
₴43926
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
income
-
-
-
16 935
unemployment
-
-
-
548
health
-
-
-
3 764
pensions
-
-
-
9 501
total
-
-
-
30 748
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.

12 894
-
69 459
-
unemployment
97
-
274
-
pensions
1 805
-
5 116
-
income
1 777
-
16 935
-
health
664
-
1 882
-
total
4 343
-
24 207
-
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.

12 894
-
69 459
-
health
664
-
1 882
-
pensions
1 547
-
4 385
-
unemployment
97
-
274
-
total
2 308
-
6 541
-
Corporate
60 798
76 000
-
-
income
9 120
11 400
-
-
total
9 120
11 400
-
-
Dividends
51 678
64 600
-
-
withholding
7 752
9 690
-
-
total
7 752
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 523
21 090
30 748
30 748
After tax
52 477
54 910
45 252
45 252
Living cost
8 551
8 551
8 551
8 551
Free-cash
43 926
46 359
36 701
36 701

Estimated living cost  is ₴8551 per week

₴5757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴661
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.
₴1885
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
₴29896
₴22320
₴27762
₴29717
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
-
-
-
8 495
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 905
Employee
19 194
-
61 414
-
surtax
-
-
-
-
social contributions
2 112
-
6 755
-
income
3 750
-
19 006
-
total
5 862
-
25 761
-
Employer
19 194
-
61 414
-
social contributions
4 558
-
14 586
-
total
4 558
-
14 586
-
Corporate
52 247
76 000
-
-
income
10 972
15 960
-
-
surtax
-
-
-
-
total
10 972
15 960
-
-
Dividends
41 275
60 040
-
-
withholding
11 558
16 811
-
-
total
11 558
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 950
32 771
40 347
34 905
After tax
43 050
43 229
35 653
41 095
Living cost
13 333
13 333
13 333
13 333
Free-cash
29 717
29 896
22 320
27 762

Estimated living cost  is ₴13333 per week

₴9443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
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.
₴2727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴33412
₴23318
₴25395
₴29995
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
-
-
-
413
income
-
-
-
19 473
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 972
total
-
-
-
33 225
Employee
23 884
-
61 387
-
other
23
-
46
-
unemployment
370
-
710
-
pensions
1 122
-
2 155
-
income
4 989
-
17 776
-
total
6 504
-
20 687
-
Employer
23 884
-
61 387
-
pensions
5 637
-
10 818
-
accident
473
-
908
-
unemployment
1 314
-
2 521
-
other
191
-
367
-
total
7 615
-
14 614
-
Corporate
44 501
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.

6 675
11 400
-
-
total
6 675
11 400
-
-
Dividends
37 825
64 600
-
-
withholding
7 831
13 807
-
-
total
7 831
13 807
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 625
25 207
35 301
33 225
After tax
47 375
50 793
40 699
42 775
Living cost
17 380
17 380
17 380
17 380
Free-cash
29 995
33 412
23 318
25 395

Estimated living cost  is ₴17380 per week

₴12482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3303
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
₴56476
₴54347
₴51485
₴53462
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
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 556
total
-
-
-
16 011
Employee
11 260
-
72 612
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
7 261
-
health
518
-
794
-
total
2 757
-
9 761
-
Employer
11 260
-
72 612
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
62 531
76 000
-
-
income
6 253
7 600
-
-
total
6 253
7 600
-
-
Dividends
56 278
68 400
-
-
withholding
2 814
3 420
-
-
total
2 814
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 034
11 020
13 149
16 011
After tax
61 966
64 980
62 851
59 989
Living cost
8 504
8 504
8 504
8 504
Free-cash
53 462
56 476
54 347
51 485

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2190
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
₴20038
₴30043
₴22437
₴26508
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
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.

-
-
-
22 260
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.

-
-
-
1 225
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.

-
-
-
3 379
trade
-
-
-
7 606
total
-
-
-
34 470
Employee

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

24 607
-
76 000
-
surtax

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

112
-
1 225
-
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.

2 023
-
22 260
-
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.

3 379
-
3 379
-
total
5 514
-
26 864
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 393
76 000
-
-
income
7 709
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.

424
627
-
-
chamber of commerce
150
187
-
-
trade
7 375
10 906
-
-
total
15 658
23 120
-
-
Dividends
35 736
52 880
-
-
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.

481
717
-
-
withholding
8 746
13 032
-
-
total
9 227
13 749
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 399
36 869
26 864
34 470
After tax
45 601
39 131
49 136
41 530
Living cost
19 093
19 093
19 093
19 093
Free-cash
26 508
20 038
30 043
22 437

Estimated living cost  is ₴19093 per week

₴13171
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.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3591
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
₴25029
₴13182
₴13182
₴26121
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
-
-
-
22 225
social contributions
-
-
-
12 422
total
-
-
-
34 647
Employee
38 684
-
76 000
-
income
7 300
-
22 225
-
social contributions
3 214
-
12 422
-
total
10 514
-
34 647
-
Employer
38 684
-
76 000
-
total
-
-
-
-
Corporate
37 316
76 000
-
-
income
4 664
9 500
-
-
total
4 664
9 500
-
-
Dividends
32 651
66 500
-
-
withholding
6 530
13 300
-
-
total
6 530
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 708
22 800
34 647
34 647
After tax
54 292
53 200
41 353
41 353
Living cost
28 171
28 171
28 171
28 171
Free-cash
26 121
25 029
13 182
13 182

Estimated living cost  is ₴28171 per week

₴21432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴4174
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
₴28835
₴36763
₴40942
₴30563
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
-
-
-
14 077
health

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

-
-
-
3 029
total
-
-
-
17 106
Employee
22 687
-
73 725
-
income
2 462
-
16 735
-
social contributions
2 273
-
2 275
-
total
4 735
-
19 010
-
Employer
22 687
-
73 725
-
social contributions
2 273
-
2 275
-
total
2 273
-
2 275
-
Corporate
51 040
76 000
-
-
income
17 864
26 600
-
-
total
17 864
26 600
-
-
Dividends
33 176
49 400
-
-
social contributions
2 613
2 613
-
-
total
2 613
2 613
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 485
29 213
21 285
17 106
After tax
48 515
46 787
54 715
58 894
Living cost
17 952
17 952
17 952
17 952
Free-cash
30 563
28 835
36 763
40 942

Estimated living cost  is ₴17952 per week

₴11825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴4436
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
₴32644
₴26014
₴32951
₴35550
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
-
-
-
20 608
pensions
-
-
-
4 207
total
-
-
-
24 815
Employee
25 029
-
66 487
-
pensions
1 910
-
5 251
-
income
4 558
-
15 984
-
health
327
-
1 005
-
total
6 795
-
22 240
-
Employer
25 029
-
66 487
-
health
476
-
1 263
-
pensions
2 529
-
8 249
-
total
3 005
-
9 512
-
Corporate
47 966
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.

9 114
14 440
-
-
total
9 114
14 440
-
-
Dividends
38 852
61 560
-
-
withholding
3 302
10 682
-
-
total
3 302
10 682
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 216
25 122
31 752
24 815
After tax
53 784
50 878
44 248
51 185
Living cost
18 234
18 234
18 234
18 234
Free-cash
35 550
32 644
26 014
32 951

Estimated living cost  is ₴18234 per week

₴12509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3820
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
-₴5789
₴28904
₴40053
₴4325
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
-
-
-
127
income
-
-
-
20 509
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 086
total
-
-
-
24 002
Employee
18 790
-
67 687
-
pensions
2 116
-
3 826
-
income
2 578
-
15 262
-
health
2 151
-
7 750
-
total
6 845
-
26 838
-
Employer
18 790
-
67 687
-
pensions
3 055
-
5 525
-
accident
314
-
1 130
-
unemployment
460
-
1 658
-
total
3 829
-
8 313
-
Corporate
53 380
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.

48 042
68 400
-
-
total
48 042
68 400
-
-
Dividends
5 338
7 600
-
-
withholding
1 014
1 444
-
-
total
1 014
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 730
69 844
35 151
24 002
After tax
16 270
6 156
40 849
51 998
Living cost
11 945
11 945
11 945
11 945
Free-cash
4 325
-5 789
28 904
40 053

Estimated living cost  is ₴11945 per week

₴8766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2242
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
₴57284
₴46108
₴36066
₴54974
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
income
-
-
-
12 364
unemployment
-
-
-
912
work injury
-
-
-
380
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
total
-
-
-
33 264
Employee

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

10 672
-
76 000
-
health insurance
790
-
2 922
-
unemployment
128
-
474
-
work injury
53
-
197
-
pensions
1 964
-
7 265
-
income
1 067
-
12 364
-
total
4 002
-
23 222
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 328
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%.

653
760
-
-
total
653
760
-
-
Dividends
64 675
75 240
-
-
withholding
9 701
11 286
-
-
total
9 701
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 356
12 046
23 222
33 264
After tax
61 644
63 954
52 778
42 736
Living cost
6 670
6 670
6 670
6 670
Free-cash
54 974
57 284
46 108
36 066

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴1845
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
₴20331
₴13007
₴16372
₴18081
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
social contributions
-
-
-
19 547
regional
-
-
-
1 728
municipal
-
-
-
508
national
-
-
-
18 144
total
-
-
-
39 927
Employee
41 673
-
76 000
-
municipal
249
-
453
-
national
7 042
-
15 688
-
regional
629
-
1 524
-
social contributions
14 052
-
25 627
-
total
21 972
-
43 292
-
Employer
41 673
-
76 000
-
total
-
-
-
-
Corporate
34 327
76 000
-
-
municipal
1 655
3 663
-
-
nationa
8 238
18 240
-
-
total
9 893
21 903
-
-
Dividends
24 434
54 097
-
-
withholding
6 353
14 065
-
-
total
6 353
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 218
35 968
43 292
39 927
After tax
37 782
40 032
32 708
36 073
Living cost
19 701
19 701
19 701
19 701
Free-cash
18 081
20 331
13 007
16 372

Estimated living cost  is ₴19701 per week

₴13839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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

Source of data for Rome model

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