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
₴33840
₴22795
₴25632
₴28476
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
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.

-
-
-
3 510
income

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

-
-
-
21 886
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.

-
-
-
1 204
trade
-
-
-
8 208
total
-
-
-
34 808
Employee

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

19 649
-
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.

30
-
1 204
-
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.

549
-
21 886
-
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.

3 510
-
3 510
-
total
4 089
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 351
76 000
-
-
chamber of commerce
159
187
-
-
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.

465
627
-
-
trade
8 875
11 970
-
-
income
8 453
11 400
-
-
total
17 952
24 184
-
-
Dividends
38 399
51 816
-
-
surtax

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

518
702
-
-
withholding
9 405
12 759
-
-
total
9 923
13 461
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 964
37 645
26 600
34 808
After tax
44 036
38 355
49 400
41 192
Living cost
15 560
15 560
15 560
15 560
Free-cash
28 476
22 795
33 840
25 632

Estimated living cost  is ₴15560 per week

₴9788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3667
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
₴18710
₴20377
₴18114
₴19927
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
pensions
-
-
-
9 120
national
-
-
-
12 704
municipal
-
-
-
8 198
total
-
-
-
30 839
Employee
41 927
-
65 701
-
municipal
5 179
-
8 493
-
national
8 025
-
13 160
-
pensions
1 677
-
2 628
-
total
14 881
-
24 281
-
Employer
41 927
-
65 701
-
pensions
3 354
-
5 256
-
social contributions
451
-
706
-
total
3 805
-
5 962
-
Corporate
27 501
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%.

5 500
15 200
-
-
total
5 500
15 200
-
-
Dividends
22 000
60 800
-
-
withholding
4 840
13 376
-
-
total
4 840
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 026
28 576
30 243
30 839
After tax
46 974
47 424
45 757
45 161
Living cost
27 047
27 047
27 047
27 047
Free-cash
19 927
20 377
18 710
18 114

Estimated living cost  is ₴27047 per week

₴18383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴405
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.
₴5744
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
₴35712
₴50113
₴13882
₴45900
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
social contributions

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

-
-
-
19 683
income
-
-
-
12 368
surtax
-
-
-
19 380
microenterprise
-
-
-
-
total
-
-
-
51 431
Employee
15 011
-
54 331
-
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.

1 651
-
5 976
-
income
2 672
-
10 536
-
total
4 323
-
16 512
-
Employer
15 011
-
54 331
-
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.

3 616
-
13 089
-
total
3 616
-
13 089
-
Corporate
57 373
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%.

11 474
15 200
-
-
total
11 474
15 200
-
-
Dividends

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

45 899
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 413
15 200
29 601
51 431
After tax
56 587
60 800
46 399
24 569
Living cost
10 687
10 687
10 687
10 687
Free-cash
45 900
50 113
35 712
13 882

Estimated living cost  is ₴10687 per week

₴6818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴2609
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
₴24390
₴15892
₴21446
₴12746
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
health
-
-
-
6 335
income
-
-
-
20 680
pensions
-
-
-
6 019
total
-
-
-
33 034
Employee
43 869
43 869
66 453
-
income

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

7 181
7 181
8 190
-
pensions
7 896
6 019
6 019
-
health
6 733
5 727
6 335
-
total
21 810
18 927
20 544
-
Employer
43 869
43 869
66 453
-
unemployment
1 579
1 579
1 962
-
health
3 049
3 049
3 789
-
pensions
3 053
3 053
3 795
-
total
7 681
7 681
9 546
-
Corporate
24 987
24 449
-
-
income
4 997
4 890
-
-
total
4 997
4 890
-
-
Dividends
19 990
19 559
-
-
income
4 247
4 156
-
-
withholding
2 999
2 934
-
-
total
7 246
7 090
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 734
38 588
30 090
33 034
After tax
34 266
37 412
45 910
42 966
Living cost
21 520
21 520
21 520
21 520
Free-cash
12 746
15 892
24 390
21 446

Estimated living cost  is ₴21520 per week

₴15251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴3987
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
₴18251
₴20153
₴18806
₴19674
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
-
-
-
5 435
health
-
-
-
2 919
accident
-
-
-
94
pensions
-
-
-
5 057
national
-
-
-
3 677
unemployment
-
-
-
47
municipal
-
-
-
18 622
total
-
-
-
35 851
Employee
30 412
-
61 303
-
municipal
9 069
-
18 281
-
national
-
-
3 427
-
total
9 069
-
21 708
-
Employer
30 412
-
61 303
-
other
3 534
-
5 435
-
unemployment
803
-
1 235
-
health
1 870
-
2 877
-
accident
61
-
94
-
pensions
3 287
-
5 057
-
total
9 555
-
14 698
-
Corporate
36 033
76 000
-
-
income
7 927
16 720
-
-
total
7 927
16 720
-
-
Dividends
28 105
59 280
-
-
withholding
8 432
17 784
-
-
total
8 432
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 983
34 504
36 406
35 851
After tax
41 017
41 496
39 594
40 149
Living cost
21 343
21 343
21 343
21 343
Free-cash
19 674
20 153
18 251
18 806

Estimated living cost  is ₴21343 per week

₴14145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4779
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
₴29219
₴17784
₴20646
₴25002
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
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.

-
-
-
3 510
income

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

-
-
-
21 886
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.

-
-
-
1 204
trade
-
-
-
8 573
total
-
-
-
35 173
Employee

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

26 051
-
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.

123
-
1 204
-
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.

2 238
-
21 886
-
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.

3 510
-
3 510
-
total
5 871
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 949
76 000
-
-
chamber of commerce
149
186
-
-
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.

412
627
-
-
trade
8 216
12 502
-
-
income
7 492
11 400
-
-
total
16 269
24 715
-
-
Dividends
33 679
51 285
-
-
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.

452
694
-
-
withholding
8 225
12 626
-
-
total
8 677
13 320
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 817
38 035
26 600
35 173
After tax
45 183
37 965
49 400
40 827
Living cost
20 181
20 181
20 181
20 181
Free-cash
25 002
17 784
29 219
20 646

Estimated living cost  is ₴20181 per week

₴13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4254
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
₴35301
₴38829
₴36009
₴36697
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
-
-
-
8 312
health
-
-
-
1 938
income
-
-
-
13 079
total
-
-
-
23 329
Employee
39 502
39 502
70 278
-
social contributions
1 920
3 278
4 422
-
income
4 148
3 657
12 698
-
health
393
672
1 195
-
total
6 461
7 607
18 315
-
Employer
39 502
39 502
70 278
-
health
428
731
1 300
-
social contributions
1 920
3 278
4 422
-
total
2 348
4 009
5 722
-
Corporate
50 530
32 488
-
-
income
6 316
4 061
-
-
total
6 316
4 061
-
-
Dividends
44 214
28 427
-
-
withholding
7 516
4 832
-
-
total
7 516
4 832
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 641
20 509
24 037
23 329
After tax
53 359
55 491
51 963
52 671
Living cost
16 662
16 662
16 662
16 662
Free-cash
36 697
38 829
35 301
36 009

Estimated living cost  is ₴16662 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1301
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.
₴3691
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
₴34722
₴33389
₴43314
₴33583
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
health
-
-
-
5 320
income
-
-
-
9 291
pensions
-
-
-
7 600
unemployment
-
-
-
1 140
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.

13 475
5 363
63 598
-
income
1 647
656
7 775
-
pensions
1 347
536
6 360
-
health
943
375
4 452
-
unemployment
202
80
954
-
total
4 139
1 647
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.

13 475
5 363
63 598
-
pensions
2 628
1 046
12 402
-
total
2 628
1 046
12 402
-
Corporate
59 897
69 591
-
-
income
5 391
6 263
-
-
total
5 391
6 263
-
-
Dividends
54 507
63 328
-
-
social contributions
10 568
12 288
-
-
withholding
10 356
12 032
-
-
total
20 924
24 320
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 082
33 276
31 943
23 351
After tax
42 918
42 724
44 057
52 649
Living cost
9 335
9 335
9 335
9 335
Free-cash
33 583
33 389
34 722
43 314

Estimated living cost  is ₴9335 per week

₴6370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2014
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
₴31398
₴48392
₴28329
₴45201
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
health
-
-
-
9 880
income
-
-
-
10 183
pensions
-
-
-
15 200
total
-
-
-
35 263
Employee
14 573
-
56 800
-
income
1 641
-
10 951
-
pensions
291
-
1 136
-
unemployment
233
-
909
-
total
2 165
-
12 996
-
Employer
14 573
-
56 800
-
unemployment
117
-
454
-
health
1 894
-
7 384
-
pensions
2 915
-
11 360
-
total
4 926
-
19 198
-
Corporate
56 501
76 000
-
-
income
11 300
15 200
-
-
total
11 300
15 200
-
-
Dividends
45 201
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 391
15 200
32 194
35 263
After tax
57 609
60 800
43 806
40 737
Living cost
12 408
12 408
12 408
12 408
Free-cash
45 201
48 392
31 398
28 329

Estimated living cost  is ₴12408 per week

₴8511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴2909
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
₴29391
-₴5208
₴40645
₴4413
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
-
-
-
191
health
-
-
-
1 127
accident
-
-
-
130
income
-
-
-
20 394
pensions
-
-
-
2 149
total
-
-
-
23 991
Employee
17 876
-
67 527
-
income
2 452
-
15 099
-
pensions
2 013
-
3 941
-
health
2 047
-
7 732
-
total
6 512
-
26 772
-
Employer
17 876
-
67 527
-
unemployment
438
-
1 654
-
accident
298
-
1 128
-
pensions
2 907
-
5 691
-
total
3 643
-
8 473
-
Corporate
54 481
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.

49 033
68 400
-
-
total
49 033
68 400
-
-
Dividends
5 448
7 600
-
-
withholding
1 035
1 444
-
-
total
1 035
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 223
69 844
35 245
23 991
After tax
15 777
6 156
40 755
52 009
Living cost
11 364
11 364
11 364
11 364
Free-cash
4 413
-5 208
29 391
40 645

Estimated living cost  is ₴11364 per week

₴8329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2169
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
₴56585
₴67985
₴71025
₴67194
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
5 268
-
76 000
-
income
1 054
-
15 200
-
total
1 054
-
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%.

70 732
76 000
-
-
total
-
-
-
-
Dividends
70 732
76 000
-
-
withholding
3 537
3 800
-
-
total
3 537
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 591
3 800
15 200
760
After tax
71 409
72 200
60 800
75 240
Living cost
4 215
4 215
4 215
4 215
Free-cash
67 194
67 985
56 585
71 025

Estimated living cost  is ₴4215 per week

₴2612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴1137
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
₴29733
₴42149
₴26589
₴38682
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
-
-
-
3 610
health
-
-
-
3 344
income
-
-
-
10 528
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.

-
-
-
18 241
total
-
-
-
35 723
Employee
18 652
-
60 702
-
income
3 211
-
11 576
-
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.

1 305
-
4 249
-
health
261
-
850
-
unemployment
186
-
607
-
total
4 963
-
17 282
-
Employer
18 652
-
60 702
-
other
933
-
3 036
-
unemployment
186
-
607
-
health
261
-
850
-
accident
149
-
485
-
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.

3 171
-
10 319
-
total
4 700
-
15 297
-
Corporate
52 647
76 000
-
-
income
11 056
15 960
-
-
total
11 056
15 960
-
-
Dividends
41 591
60 040
-
-
withholding
2 911
4 203
-
-
total
2 911
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 630
20 163
32 579
35 723
After tax
52 370
55 837
43 421
40 277
Living cost
13 688
13 688
13 688
13 688
Free-cash
38 682
42 149
29 733
26 589

Estimated living cost  is ₴13688 per week

₴9672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴10406
₴17161
₴17362
₴15880
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
-
-
-
20 263
pensions
-
-
-
4 308
total
-
-
-
24 571
Employee
48 200
-
66 517
-
income
8 689
-
15 626
-
health
794
-
1 018
-
pensions
4 650
-
5 400
-
total
14 133
-
22 044
-
Employer
48 200
-
66 517
-
health
915
-
1 264
-
pensions
5 691
-
8 219
-
total
6 606
-
9 483
-
Corporate
21 193
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.

4 026
14 440
-
-
total
4 026
14 440
-
-
Dividends
17 167
61 560
-
-
withholding
1 288
10 332
-
-
total
1 288
10 332
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 053
24 772
31 527
24 571
After tax
49 947
51 228
44 473
51 429
Living cost
34 067
34 067
34 067
34 067
Free-cash
15 880
17 161
10 406
17 362

Estimated living cost  is ₴34067 per week

₴25527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4003
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.
₴4261
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
₴56059
₴58331
₴53221
₴55975
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
health
-
-
-
2 037
income
-
-
-
11 400
pensions

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

-
-
-
2 622
unemployment
-
-
-
71
total
-
-
-
16 130
Employee
8 804
-
72 525
-
income
880
-
7 252
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

773
-
1 555
-
health
405
-
815
-
total
2 155
-
9 817
-
Employer
8 804
-
72 525
-
unemployment
53
-
106
-
health
608
-
1 222
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

970
-
1 952
-
total
1 728
-
3 475
-
Corporate
65 469
76 000
-
-
income
6 547
7 600
-
-
total
6 547
7 600
-
-
Dividends
58 922
68 400
-
-
withholding
2 946
3 420
-
-
total
2 946
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 376
11 020
13 292
16 130
After tax
62 624
64 980
62 708
59 870
Living cost
6 649
6 649
6 649
6 649
Free-cash
55 975
58 331
56 059
53 221

Estimated living cost  is ₴6649 per week

₴3882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2116
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
₴17424
₴8926
₴14480
₴10216
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
health
-
-
-
6 335
income
-
-
-
20 680
pensions
-
-
-
6 019
total
-
-
-
33 034
Employee
47 628
43 869
66 453
-
income

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

7 181
7 181
8 190
-
pensions
6 019
6 019
6 019
-
health
5 942
5 727
6 335
-
total
19 142
18 927
20 544
-
Employer
47 628
43 869
66 453
-
unemployment
1 715
1 579
1 962
-
health
3 310
3 049
3 789
-
pensions
3 315
3 053
3 795
-
total
8 340
7 681
9 546
-
Corporate
20 033
24 449
-
-
income
4 007
4 890
-
-
total
4 007
4 890
-
-
Dividends
16 027
19 559
-
-
income
3 405
4 156
-
-
withholding
2 404
2 934
-
-
total
5 809
7 090
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 298
38 588
30 090
33 034
After tax
38 702
37 412
45 910
42 966
Living cost
28 486
28 486
28 486
28 486
Free-cash
10 216
8 926
17 424
14 480

Estimated living cost  is ₴28486 per week

₴21013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴4602
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
₴25901
₴39660
₴27722
₴35143
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
-
-
-
18 225
health
-
-
-
10 260
income
-
-
-
7 127
solidarity contribution
-
-
-
-
total
-
-
-
35 612
Employee
18 626
-
56 716
-
social contributions
1 211
-
3 687
-
solidarity contribution
-
-
-
-
income
2 235
-
6 806
-
health
2 514
-
7 657
-
total
5 960
-
18 150
-
Employer
18 626
-
56 716
-
health
1 676
-
5 104
-
social contributions
4 656
-
14 179
-
total
6 332
-
19 283
-
Corporate
51 041
76 000
-
-
income
9 698
14 440
-
-
total
9 698
14 440
-
-
Dividends
41 344
61 560
-
-
withholding
6 202
9 234
-
-
total
6 202
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 192
23 674
37 433
35 612
After tax
47 808
52 326
38 567
40 388
Living cost
12 666
12 666
12 666
12 666
Free-cash
35 143
39 660
25 901
27 722

Estimated living cost  is ₴12666 per week

₴8798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2718
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
₴11962
₴18872
₴15494
₴16191
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
national
-
-
-
17 949
regional
-
-
-
882
municipal
-
-
-
451
total
-
-
-
38 829
Employee
45 656
-
76 000
-
social contributions
15 395
-
25 627
-
municipal
242
-
403
-
national
7 911
-
15 554
-
regional
431
-
777
-
total
23 979
-
42 361
-
Employer
45 656
-
76 000
-
total
-
-
-
-
Corporate
30 344
76 000
-
-
nationa
7 282
18 240
-
-
municipal
1 183
2 964
-
-
total
8 465
21 204
-
-
Dividends
21 879
54 797
-
-
withholding
5 688
14 247
-
-
total
5 688
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 132
35 451
42 361
38 829
After tax
37 868
40 549
33 639
37 171
Living cost
21 677
21 677
21 677
21 677
Free-cash
16 191
18 872
11 962
15 494

Estimated living cost  is ₴21677 per week

₴15110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴4812
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
₴22507
₴36468
₴24729
₴34868
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
-
-
-
-
health
-
-
-
4 868
income
-
-
-
18 572
pensions
-
-
-
13 712
surtax
-
-
-
2 666
unemployment
-
-
-
117
total
-
-
-
39 935
Employee
16 988
-
62 784
-
surtax
56
-
2 315
-
income
2 848
-
16 467
-
other
-
-
-
-
pensions
1 133
-
4 188
-
health
434
-
1 602
-
unemployment
1 183
-
4 369
-
total
5 654
-
28 941
-
Employer
16 988
-
62 784
-
other
-
-
-
-
unemployment
538
-
1 991
-
health
773
-
2 856
-
pensions
2 265
-
8 369
-
total
3 576
-
13 216
-
Corporate
55 436
76 000
-
-
income
14 413
19 760
-
-
total
14 413
19 760
-
-
Dividends
41 023
56 240
-
-
withholding
6 153
8 436
-
-
total
6 153
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 796
28 196
42 157
39 935
After tax
46 204
47 804
33 843
36 065
Living cost
11 336
11 336
11 336
11 336
Free-cash
34 868
36 468
22 507
24 729

Estimated living cost  is ₴11336 per week

₴6931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3097
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
₴21199
₴27954
₴28155
₴29659
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
-
-
-
20 263
pensions
-
-
-
4 308
total
-
-
-
24 571
Employee
32 303
-
66 517
-
income
5 818
-
15 626
-
health
469
-
1 018
-
pensions
2 742
-
5 400
-
total
9 029
-
22 044
-
Employer
32 303
-
66 517
-
health
614
-
1 264
-
pensions
3 497
-
8 219
-
total
4 111
-
9 483
-
Corporate
39 587
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.

7 522
14 440
-
-
total
7 522
14 440
-
-
Dividends
32 065
61 560
-
-
withholding
2 405
10 332
-
-
total
2 405
10 332
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 067
24 772
31 527
24 571
After tax
52 933
51 228
44 473
51 429
Living cost
23 274
23 274
23 274
23 274
Free-cash
29 659
27 954
21 199
28 155

Estimated living cost  is ₴23274 per week

₴17437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3849
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
₴17141
-₴6779
₴20833
₴10990
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
health
-
-
-
171
pensions
-
-
-
6 991
city
-
-
-
801
national
-
-
-
872
regional
-
-
-
3 280
total
-
-
-
13 635
Employee
48 603
-
68 025
-
national
230
-
696
-
city
522
-
731
-
pensions
4 083
-
5 713
-
health
110
-
153
-
regional
1 592
-
2 808
-
unemployment
-
-
-
-
total
6 537
-
10 101
-
Employer
48 603
-
68 025
-
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.

972
-
1 360
-
unemployment
-
-
-
-
health
110
-
153
-
pensions
4 083
-
5 713
-
total
5 165
-
7 226
-
Corporate
21 698
76 000
-
-
regional
4 589
16 074
-
-
national
1 844
6 460
-
-
total
6 433
22 534
-
-
Dividends
15 265
53 466
-
-
withholding
5 343
18 713
-
-
total
5 343
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 478
41 247
17 327
13 635
After tax
52 522
34 753
58 673
62 365
Living cost
41 532
41 532
41 532
41 532
Free-cash
10 990
-6 779
17 141
20 833

Estimated living cost  is ₴41532 per week

₴27008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴510
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.
₴10287
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
₴25867
₴14041
₴16929
₴22371
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
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.

-
-
-
3 510
income

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

-
-
-
21 886
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.

-
-
-
1 204
trade
-
-
-
8 938
total
-
-
-
35 538
Employee

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

30 873
-
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.

200
-
1 204
-
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.

3 630
-
21 886
-
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.

3 510
-
3 510
-
total
7 340
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 127
76 000
-
-
chamber of commerce
141
185
-
-
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.

372
627
-
-
trade
7 739
13 034
-
-
income
6 769
11 400
-
-
total
15 021
25 246
-
-
Dividends
30 104
50 754
-
-
surtax

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

404
687
-
-
withholding
7 331
12 493
-
-
total
7 735
13 180
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 096
38 426
26 600
35 538
After tax
45 904
37 574
49 400
40 462
Living cost
23 533
23 533
23 533
23 533
Free-cash
22 371
14 041
25 867
16 929

Estimated living cost  is ₴23533 per week

₴17188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4158
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
₴25811
₴20728
₴25488
₴23762
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
-
-
-
2 356
social contributions
-
-
-
2 165
health
-
-
-
2 762
income
-
-
-
10 721
pensions
-
-
-
14 932
surtax
-
-
-
-
total
-
-
-
32 936
Employee
21 986
-
59 698
-
surtax
-
-
-
-
social contributions
627
-
1 701
-
income
1 298
-
10 826
-
pensions
2 486
-
3 786
-
total
4 411
-
16 313
-
Employer
21 986
-
59 698
-
other
758
-
2 173
-
unemployment
890
-
2 418
-
health
1 539
-
5 091
-
pensions
3 612
-
6 439
-
social contributions
66
-
179
-
total
6 865
-
16 300
-
Corporate
47 148
76 000
-
-
surtax
-
-
-
-
income
13 202
21 280
-
-
total
13 202
21 280
-
-
Dividends
33 946
54 720
-
-
social contributions
5 839
9 412
-
-
surtax
-
-
-
-
withholding
4 345
7 004
-
-
total
10 184
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 662
37 696
32 613
32 936
After tax
41 338
38 304
43 387
43 064
Living cost
17 576
17 576
17 576
17 576
Free-cash
23 762
20 728
25 811
25 488

Estimated living cost  is ₴17576 per week

₴11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4766
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
₴27553
₴22470
₴27230
₴25322
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
-
-
-
2 356
social contributions
-
-
-
2 165
health
-
-
-
2 762
income
-
-
-
10 721
pensions
-
-
-
14 932
surtax
-
-
-
-
total
-
-
-
32 936
Employee
19 626
-
59 698
-
surtax
-
-
-
-
social contributions
560
-
1 701
-
income
1 012
-
10 826
-
pensions
2 220
-
3 786
-
total
3 792
-
16 313
-
Employer
19 626
-
59 698
-
other
678
-
2 173
-
unemployment
795
-
2 418
-
health
1 374
-
5 091
-
pensions
3 225
-
6 439
-
social contributions
58
-
179
-
total
6 130
-
16 300
-
Corporate
50 245
76 000
-
-
surtax
-
-
-
-
income
14 068
21 280
-
-
total
14 068
21 280
-
-
Dividends
36 177
54 720
-
-
social contributions
6 223
9 412
-
-
surtax
-
-
-
-
withholding
4 631
7 004
-
-
total
10 854
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 844
37 696
32 613
32 936
After tax
41 156
38 304
43 387
43 064
Living cost
15 834
15 834
15 834
15 834
Free-cash
25 322
22 470
27 553
27 230

Estimated living cost  is ₴15834 per week

₴9183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4743
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
₴36772
₴35475
₴37914
₴35740
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
-
-
-
10 488
health
-
-
-
5 305
income
-
-
-
11 400
total
-
-
-
27 193
Employee
17 418
-
76 000
-
social contributions
2 404
-
10 488
-
income
2 905
-
12 542
-
health
1 216
-
5 305
-
total
6 525
-
28 335
-
Employer
17 418
-
76 000
-
total
-
-
-
-
Corporate
58 582
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%.

2 929
3 800
-
-
total
2 929
3 800
-
-
Dividends
55 653
72 200
-
-
social contributions
7 680
9 963
-
-
withholding
8 348
10 830
-
-
health
3 885
5 039
-
-
total
19 913
25 832
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 367
29 632
28 335
27 193
After tax
46 633
46 368
47 665
48 807
Living cost
10 893
10 893
10 893
10 893
Free-cash
35 740
35 475
36 772
37 914

Estimated living cost  is ₴10893 per week

₴7290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2680
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
₴1787
₴24087
₴20786
₴23295
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
health
-
-
-
4 591
income
-
-
-
17 863
chamber of commerce
-
-
-
304
pensions
-
-
-
11 103
surtax
-
-
-
101
unemployment
-
-
-
3 151
total
-
-
-
37 113
Employee
25 673
20 472
58 936
-
income
2 923
1 510
14 128
-
other
256
205
590
-
pensions
2 629
2 096
6 035
-
health
993
793
2 281
-
unemployment
770
614
1 768
-
total
7 571
5 218
24 802
-
Employer
25 673
20 472
58 936
-
other
1 220
972
2 800
-
unemployment
770
614
1 768
-
health
970
774
2 228
-
surtax
101
101
101
-
accident
333
266
766
-
pensions
3 222
2 570
7 396
-
payroll
770
614
1 768
-
chamber of commerce
102
82
236
-
total
7 488
5 993
17 063
-
Corporate
42 838
49 534
56 986
-
income

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

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

10 710
12 384
14 247
-
total
10 710
12 384
14 247
-
Dividends
32 128
37 151
-
-
withholding
8 835
10 217
-
-
total
8 835
10 217
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 604
33 812
56 112
37 113
After tax
41 396
42 188
19 888
38 887
Living cost
18 101
18 101
18 101
18 101
Free-cash
23 295
24 087
1 787
20 786

Estimated living cost  is ₴18101 per week

₴12073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4187
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
₴8833
₴23803
₴14527
₴16098
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
-
-
-
11 890
communal

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

-
-
-
3 847
national
-
-
-
27 005
total
-
-
-
42 742
Employee

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

36 746
-
58 864
-
national
11 297
-
20 535
-
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.

2 756
-
4 415
-
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.

1 726
-
2 767
-
communal

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

1 917
-
3 070
-
unemployment

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

320
-
512
-
total
18 016
-
31 299
-
Employer

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

36 746
-
58 864
-
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.

536
-
860
-
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.

2 260
-
3 620
-
surtax
4 167
-
6 676
-
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.

478
-
765
-
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.

3 256
-
5 216
-
total
10 697
-
17 137
-
Corporate
28 558
76 000
-
-
surtax
114
304
-
-
income
5 712
15 200
-
-
total
5 826
15 504
-
-
Dividends
22 732
60 496
-
-
withholding

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

6 632
17 962
-
-
total
6 632
17 962
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 171
33 466
48 436
42 742
After tax
34 829
42 534
27 564
33 258
Living cost
18 731
18 731
18 731
18 731
Free-cash
16 098
23 803
8 833
14 527

Estimated living cost  is ₴18731 per week

₴12065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4735
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
₴22051
₴32282
₴24261
₴28507
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
-
-
-
48
accident
-
-
-
429
income
-
-
-
18 902
pensions
-
-
-
13 475
unemployment
-
-
-
333
total
-
-
-
33 187
Employee
25 571
-
60 820
-
income
5 395
-
17 194
-
other
25
-
48
-
pensions
1 202
-
2 238
-
unemployment
397
-
738
-
total
7 019
-
20 218
-
Employer
25 571
-
60 820
-
other
204
-
381
-
unemployment
1 407
-
2 618
-
accident
506
-
943
-
pensions
6 034
-
11 237
-
total
8 151
-
15 179
-
Corporate
42 278
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.

6 342
11 400
-
-
total
6 342
11 400
-
-
Dividends
35 936
64 600
-
-
withholding
7 429
13 766
-
-
total
7 429
13 766
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 941
25 166
35 397
33 187
After tax
47 059
50 834
40 603
42 813
Living cost
18 552
18 552
18 552
18 552
Free-cash
28 507
32 282
22 051
24 261

Estimated living cost  is ₴18552 per week

₴13662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
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.
₴3307
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
₴14310
₴17337
₴11282
₴11525
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
health
-
-
-
5 339
accident
-
-
-
640
income
-
-
-
10 860
pensions
-
-
-
11 391
communal
-
-
-
4 803
surtax
-
-
-
3 768
total
-
-
-
36 801
Employee
38 903
-
67 887
-
surtax
2 385
-
4 161
-
income
3 758
-
13 047
-
pensions
3 112
-
5 431
-
health
1 731
-
3 021
-
total
10 986
-
25 660
-
Employer
38 903
-
67 887
-
health
1 186
-
2 071
-
accident
350
-
611
-
pensions
3 112
-
5 431
-
total
4 648
-
8 113
-
Corporate
32 449
76 000
-
-
surtax
341
798
-
-
income
4 868
11 400
-
-
communal
2 191
5 130
-
-
total
7 400
17 328
-
-
Dividends
25 050
58 672
-
-
income
9 767
4 617
-
-
withholding
3 757
8 801
-
-
total
13 524
13 418
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 558
30 746
33 773
36 801
After tax
39 442
45 254
42 227
39 199
Living cost
27 917
27 917
27 917
27 917
Free-cash
11 525
17 337
14 310
11 282

Estimated living cost  is ₴27917 per week

₴20942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1691
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.
₴4987
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
₴22304
₴36265
₴24526
₴34631
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
-
-
-
-
health
-
-
-
4 868
income
-
-
-
18 572
pensions
-
-
-
13 712
surtax
-
-
-
2 666
unemployment
-
-
-
117
total
-
-
-
39 935
Employee
17 300
-
62 784
-
surtax
61
-
2 315
-
income
2 900
-
16 467
-
other
-
-
-
-
pensions
1 154
-
4 188
-
health
442
-
1 602
-
unemployment
1 204
-
4 369
-
total
5 761
-
28 941
-
Employer
17 300
-
62 784
-
other
-
-
-
-
unemployment
549
-
1 991
-
health
787
-
2 856
-
pensions
2 307
-
8 369
-
total
3 643
-
13 216
-
Corporate
55 058
76 000
-
-
income
14 315
19 760
-
-
total
14 315
19 760
-
-
Dividends
40 743
56 240
-
-
withholding
6 111
8 436
-
-
total
6 111
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 830
28 196
42 157
39 935
After tax
46 170
47 804
33 843
36 065
Living cost
11 539
11 539
11 539
11 539
Free-cash
34 631
36 265
22 304
24 526

Estimated living cost  is ₴11539 per week

₴6966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3302
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
₴19555
₴26109
₴23069
₴24968
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
national
-
-
-
17 949
regional
-
-
-
1 146
municipal
-
-
-
451
total
-
-
-
39 093
Employee
28 496
-
76 000
-
social contributions
9 609
-
25 627
-
municipal
151
-
403
-
national
4 515
-
15 554
-
regional
384
-
1 023
-
total
14 659
-
42 607
-
Employer
28 496
-
76 000
-
total
-
-
-
-
Corporate
47 504
76 000
-
-
nationa
11 401
18 240
-
-
municipal
2 361
3 778
-
-
total
13 762
22 018
-
-
Dividends
33 741
53 983
-
-
withholding
8 773
14 035
-
-
total
8 773
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 194
36 053
42 607
39 093
After tax
38 806
39 947
33 393
36 907
Living cost
13 838
13 838
13 838
13 838
Free-cash
24 968
26 109
19 555
23 069

Estimated living cost  is ₴13838 per week

₴8606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴3593
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
₴22960
₴36719
₴24781
₴31152
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
-
-
-
18 225
health
-
-
-
10 260
income
-
-
-
7 127
solidarity contribution
-
-
-
-
total
-
-
-
35 612
Employee
22 952
-
56 716
-
social contributions
1 492
-
3 687
-
solidarity contribution
-
-
-
-
income
2 754
-
6 806
-
health
3 098
-
7 657
-
total
7 344
-
18 150
-
Employer
22 952
-
56 716
-
health
2 066
-
5 104
-
social contributions
5 738
-
14 179
-
total
7 804
-
19 283
-
Corporate
45 245
76 000
-
-
income
8 596
14 440
-
-
total
8 596
14 440
-
-
Dividends
36 648
61 560
-
-
withholding
5 497
9 234
-
-
total
5 497
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 241
23 674
37 433
35 612
After tax
46 759
52 326
38 567
40 388
Living cost
15 607
15 607
15 607
15 607
Free-cash
31 152
36 719
22 960
24 781

Estimated living cost  is ₴15607 per week

₴11607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2866
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
₴3519
₴25855
₴22599
₴25599
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
health
-
-
-
4 591
income
-
-
-
17 863
chamber of commerce
-
-
-
304
pensions
-
-
-
11 103
surtax
-
-
-
-
unemployment
-
-
-
3 151
total
-
-
-
37 012
Employee
22 456
20 472
59 016
-
income
2 000
1 510
14 156
-
other
224
205
590
-
pensions
2 300
2 096
6 043
-
health
869
793
2 284
-
unemployment
674
614
1 770
-
total
6 067
5 218
24 843
-
Employer
22 456
20 472
59 016
-
other
1 067
972
2 804
-
unemployment
674
614
1 770
-
health
849
774
2 230
-
surtax
-
-
-
-
accident
291
266
767
-
pensions
2 818
2 570
7 406
-
payroll
674
614
1 770
-
chamber of commerce
90
82
236
-
total
6 463
5 892
16 983
-
Corporate
47 082
49 636
57 066
-
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.

11 771
12 409
14 266
-
total
11 771
12 409
14 266
-
Dividends
35 311
37 227
-
-
withholding
9 711
10 237
-
-
total
9 711
10 237
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 012
33 756
56 092
37 012
After tax
41 988
42 244
19 908
38 988
Living cost
16 389
16 389
16 389
16 389
Free-cash
25 599
25 855
3 519
22 599

Estimated living cost  is ₴16389 per week

₴9832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4592
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
₴54232
₴65632
₴68672
₴64401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
8 210
-
76 000
-
income
1 642
-
15 200
-
total
1 642
-
15 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

67 790
76 000
-
-
total
-
-
-
-
Dividends
67 790
76 000
-
-
withholding
3 389
3 800
-
-
total
3 389
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 031
3 800
15 200
760
After tax
70 969
72 200
60 800
75 240
Living cost
6 568
6 568
6 568
6 568
Free-cash
64 401
65 632
54 232
68 672

Estimated living cost  is ₴6568 per week

₴4444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴1627
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
₴22063
₴38547
₴24076
₴34251
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
health
-
-
-
7 478
income
-
-
-
16 674
pensions
-
-
-
13 879
unemployment
-
-
-
114
total
-
-
-
38 145
Employee

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

22 716
-
65 762
-
income
3 917
-
15 388
-
pensions
3 521
-
10 193
-
health
1 467
-
4 247
-
unemployment
32
-
92
-
total
8 937
-
29 920
-
Employer

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

22 716
-
65 762
-
unemployment
14
-
39
-
health
1 513
-
4 379
-
pensions
2 010
-
5 820
-
total
3 537
-
10 238
-
Corporate
49 747
76 000
-
-
income
9 452
14 440
-
-
total
9 452
14 440
-
-
Dividends
40 294
61 560
-
-
withholding
6 044
9 234
-
-
total
6 044
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 970
23 674
40 158
38 145
After tax
48 030
52 326
35 842
37 855
Living cost
13 779
13 779
13 779
13 779
Free-cash
34 251
38 547
22 063
24 076

Estimated living cost  is ₴13779 per week

₴9456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3173
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
₴45332
₴22736
₴29020
-₴5214
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
-
-
-
8 664
income
-
-
-
14 814
total
-
-
-
23 478
Employee
33 699
-
-
-
social contributions
2 763
-
394
-
income
7 433
-
-
-
total
10 196
-
394
-
Employer
33 699
-
-
-
social contributions
47 516
-
6 772
-
total
47 516
-
6 772
-
Corporate
-
76 000
-
-
income
-
16 720
-
-
total
-
16 720
-
-
Dividends
-
59 280
-
-
income
-
13 042
-
-
total
-
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
57 712
29 762
7 166
23 478
After tax
18 288
46 238
68 834
52 522
Living cost
23 502
23 502
23 502
23 502
Free-cash
-5 214
22 736
45 332
29 020

Estimated living cost  is ₴23502 per week

₴15249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5743
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
₴19756
₴27115
₴25091
₴26600
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
social contributions

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

-
-
-
26 410
income
-
-
-
8 386
surtax
-
-
-
-
total
-
-
-
34 796
Employee
23 627
-
61 414
-
surtax
-
-
-
-
social contributions
2 599
-
6 756
-
income
4 914
-
18 789
-
total
7 513
-
25 545
-
Employer
23 627
-
61 414
-
social contributions
5 611
-
14 586
-
total
5 611
-
14 586
-
Corporate
46 762
76 000
-
-
surtax
-
-
-
-
income
9 820
15 960
-
-
total
9 820
15 960
-
-
Dividends
36 942
60 040
-
-
withholding
10 343
16 812
-
-
total
10 343
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 287
32 772
40 131
34 796
After tax
42 713
43 228
35 869
41 204
Living cost
16 113
16 113
16 113
16 113
Free-cash
26 600
27 115
19 756
25 091

Estimated living cost  is ₴16113 per week

₴12056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴950
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.
₴2838
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
₴18575
₴13492
₴18252
₴17024
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
-
-
-
2 356
social contributions
-
-
-
2 165
health
-
-
-
2 762
income
-
-
-
10 721
pensions
-
-
-
14 932
surtax
-
-
-
-
total
-
-
-
32 936
Employee
32 175
-
59 698
-
surtax
-
-
-
-
social contributions
916
-
1 701
-
income
2 807
-
10 826
-
pensions
3 639
-
3 786
-
total
7 362
-
16 313
-
Employer
32 175
-
59 698
-
other
1 110
-
2 173
-
unemployment
1 303
-
2 418
-
health
2 252
-
5 091
-
pensions
5 287
-
6 439
-
social contributions
97
-
179
-
total
10 049
-
16 300
-
Corporate
33 776
76 000
-
-
surtax
-
-
-
-
income
9 457
21 280
-
-
total
9 457
21 280
-
-
Dividends
24 319
54 720
-
-
social contributions
4 183
9 412
-
-
surtax
-
-
-
-
withholding
3 113
7 004
-
-
total
7 296
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 164
37 696
32 613
32 936
After tax
41 836
38 304
43 387
43 064
Living cost
24 812
24 812
24 812
24 812
Free-cash
17 024
13 492
18 575
18 252

Estimated living cost  is ₴24812 per week

₴16792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴5649
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
₴43049
₴52958
₴41029
₴51233
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
-
-
-
2 809
social contributions
-
-
-
16 720
total
-
-
-
19 529
Employee
16 515
-
65 801
-
income
-
-
3 033
-
social contributions
1 073
-
4 277
-
total
1 073
-
7 310
-
Employer
16 515
-
65 801
-
social contributions
2 560
-
10 199
-
total
2 560
-
10 199
-
Corporate
56 925
76 000
-
-
income
5 692
7 600
-
-
total
5 692
7 600
-
-
Dividends
51 232
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 325
7 600
17 509
19 529
After tax
66 675
68 400
58 491
56 471
Living cost
15 442
15 442
15 442
15 442
Free-cash
51 233
52 958
43 049
41 029

Estimated living cost  is ₴15442 per week

₴9985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
-₴35566
-₴35566
₴20981
-₴35566
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
-
-
-
6 045
pensions
-
-
-
444
national
-
-
-
8 459
municipal
-
-
-
15 410
total
-
-
-
30 358
Employee
104 087
104 087
104 087
-
labour market
8 315
8 315
8 315
-
municipal
22 165
22 165
22 165
-
national
12 716
12 716
12 716
-
pensions
148
148
148
-
total
43 344
43 344
43 344
-
Employer
104 087
104 087
104 087
-
national
12 738
12 738
12 738
-
labour market
8 327
8 327
8 327
-
pensions
296
296
296
-
municipal
22 200
22 200
22 200
-
total
43 561
43 561
43 561
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
86 905
86 905
86 905
30 358
After tax
-10 905
-10 905
-10 905
45 642
Living cost
24 661
24 661
24 661
24 661
Free-cash
-35 566
-35 566
-35 566
20 981

Estimated living cost  is ₴24661 per week

₴16878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴379
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.
₴5222
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
₴29559
-₴5040
₴40813
₴4439
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
-
-
-
191
health
-
-
-
1 127
accident
-
-
-
130
income
-
-
-
20 394
pensions
-
-
-
2 149
total
-
-
-
23 991
Employee
17 613
-
67 527
-
income
2 416
-
15 099
-
pensions
1 983
-
3 941
-
health
2 017
-
7 732
-
total
6 416
-
26 772
-
Employer
17 613
-
67 527
-
unemployment
432
-
1 654
-
accident
294
-
1 128
-
pensions
2 864
-
5 691
-
total
3 590
-
8 473
-
Corporate
54 798
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.

49 318
68 400
-
-
total
49 318
68 400
-
-
Dividends
5 480
7 600
-
-
withholding
1 041
1 444
-
-
total
1 041
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 365
69 844
35 245
23 991
After tax
15 635
6 156
40 755
52 009
Living cost
11 196
11 196
11 196
11 196
Free-cash
4 439
-5 040
29 559
40 813

Estimated living cost  is ₴11196 per week

₴8150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴2198
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
₴21067
₴28800
₴31401
₴29744
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
-
-
-
956
national
-
-
-
10 412
municipal
-
-
-
13 508
total
-
-
-
24 876
Employee
27 027
-
63 935
-
municipal
4 427
-
10 420
-
national
446
-
6 681
-
pensions
1 824
-
4 316
-
health
202
-
770
-
unemployment
406
-
959
-
total
7 305
-
23 146
-
Employer
27 027
-
63 935
-
unemployment
175
-
415
-
health
208
-
492
-
accident
27
-
64
-
pensions
4 689
-
11 093
-
total
5 099
-
12 064
-
Corporate
43 873
76 000
-
-
income
8 775
15 200
-
-
total
8 775
15 200
-
-
Dividends

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

26 324
45 600
-
-
national
616
4 069
-
-
municipal
4 738
8 208
-
-
total
5 354
12 277
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 533
27 477
35 210
24 876
After tax
49 467
48 523
40 790
51 124
Living cost
19 723
19 723
19 723
19 723
Free-cash
29 744
28 800
21 067
31 401

Estimated living cost  is ₴19723 per week

₴12883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1897
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.
₴4630
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
₴40069
₴43597
₴40777
₴40802
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
-
-
-
8 312
health
-
-
-
1 938
income
-
-
-
13 079
total
-
-
-
23 329
Employee
39 502
39 502
70 278
-
social contributions
1 493
3 278
4 422
-
income
4 301
3 657
12 698
-
health
306
672
1 195
-
total
6 100
7 607
18 315
-
Employer
39 502
39 502
70 278
-
health
332
731
1 300
-
social contributions
1 493
3 278
4 422
-
total
1 825
4 009
5 722
-
Corporate
56 180
32 488
-
-
income
7 022
4 061
-
-
total
7 022
4 061
-
-
Dividends
49 158
28 427
-
-
withholding
8 357
4 832
-
-
total
8 357
4 832
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 304
20 509
24 037
23 329
After tax
52 696
55 491
51 963
52 671
Living cost
11 894
11 894
11 894
11 894
Free-cash
40 802
43 597
40 069
40 777

Estimated living cost  is ₴11894 per week

₴7128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3336
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
₴44785
₴54779
₴55089
₴52168
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
health
-
-
-
1 859
income
-
-
-
7 613
pensions
-
-
-
3 268
unemployment
-
-
-
15
total
-
-
-
12 755
Employee

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

11 791
-
70 979
-
income
806
-
6 340
-
pensions
1 768
-
7 311
-
health
1 002
-
4 143
-
unemployment
58
-
244
-
total
3 634
-
18 038
-
Employer

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

11 791
-
70 979
-
unemployment
58
-
244
-
health
507
-
2 096
-
pensions
648
-
2 681
-
total
1 213
-
5 021
-
Corporate
62 995
76 000
-
-
income
5 670
6 840
-
-
total
5 670
6 840
-
-
Dividends
57 325
69 160
-
-
withholding
5 159
6 225
-
-
total
5 159
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 676
13 065
23 059
12 755
After tax
60 324
62 935
52 941
63 245
Living cost
8 156
8 156
8 156
8 156
Free-cash
52 168
54 779
44 785
55 089

Estimated living cost  is ₴8156 per week

₴5204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴2121
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
₴26477
₴36708
₴28687
₴34331
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
-
-
-
48
accident
-
-
-
429
income
-
-
-
18 902
pensions
-
-
-
13 475
unemployment
-
-
-
333
total
-
-
-
33 187
Employee
18 995
-
60 820
-
income
3 662
-
17 194
-
other
19
-
48
-
pensions
893
-
2 238
-
unemployment
294
-
738
-
total
4 868
-
20 218
-
Employer
18 995
-
60 820
-
other
152
-
381
-
unemployment
1 045
-
2 618
-
accident
376
-
943
-
pensions
4 482
-
11 237
-
total
6 055
-
15 179
-
Corporate
50 949
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.

7 642
11 400
-
-
total
7 642
11 400
-
-
Dividends
43 307
64 600
-
-
withholding
8 978
13 766
-
-
total
8 978
13 766
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 543
25 166
35 397
33 187
After tax
48 457
50 834
40 603
42 813
Living cost
14 126
14 126
14 126
14 126
Free-cash
34 331
36 708
26 477
28 687

Estimated living cost  is ₴14126 per week

₴9535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2986
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
₴47821
₴46472
₴47890
₴46317
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
health
-
-
-
503
income
-
-
-
25 961
pensions
-
-
-
694
total
-
-
-
27 158
Employee
1 450
-
75 219
-
income
280
-
25 925
-
pensions
130
-
312
-
health
72
-
174
-
unemployment
15
-
35
-
total
497
-
26 446
-
Employer
1 450
-
75 219
-
unemployment
29
-
69
-
health
138
-
330
-
pensions
159
-
382
-
total
326
-
781
-
Corporate
74 224
76 000
-
-
income
16 329
16 720
-
-
total
16 329
16 720
-
-
Dividends
57 895
59 280
-
-
withholding
11 579
11 856
-
-
total
11 579
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 731
28 576
27 227
27 158
After tax
47 269
47 424
48 773
48 842
Living cost
952
952
952
952
Free-cash
46 317
46 472
47 821
47 890

Estimated living cost  is ₴952 per week

₴566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
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.
₴287
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
₴35959
₴46046
₴35960
₴43526
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
health
-
-
-
3 901
income
-
-
-
16 859
pensions
-
-
-
9 848
unemployment
-
-
-
568
total
-
-
-
31 176
Employee

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

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

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

13 366
-
69 220
-
income
1 842
-
16 859
-
pensions
1 871
-
5 303
-
health
688
-
1 951
-
unemployment
100
-
284
-
total
4 501
-
24 397
-
Employer

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

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

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

13 366
-
69 220
-
unemployment
100
-
284
-
health
688
-
1 951
-
pensions
1 604
-
4 545
-
total
2 392
-
6 780
-
Corporate
60 242
76 000
-
-
income
9 036
11 400
-
-
total
9 036
11 400
-
-
Dividends
51 206
64 600
-
-
withholding
7 681
9 690
-
-
total
7 681
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 610
21 090
31 177
31 176
After tax
52 390
54 910
44 823
44 824
Living cost
8 864
8 864
8 864
8 864
Free-cash
43 526
46 046
35 959
35 960

Estimated living cost  is ₴8864 per week

₴5968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴22020
₴29379
₴27355
₴29195
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
social contributions

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

-
-
-
26 410
income
-
-
-
8 386
surtax
-
-
-
-
total
-
-
-
34 796
Employee
19 938
-
61 414
-
surtax
-
-
-
-
social contributions
2 193
-
6 756
-
income
3 896
-
18 789
-
total
6 089
-
25 545
-
Employer
19 938
-
61 414
-
social contributions
4 735
-
14 586
-
total
4 735
-
14 586
-
Corporate
51 327
76 000
-
-
surtax
-
-
-
-
income
10 779
15 960
-
-
total
10 779
15 960
-
-
Dividends
40 548
60 040
-
-
withholding
11 353
16 812
-
-
total
11 353
16 812
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 956
32 772
40 131
34 796
After tax
43 044
43 228
35 869
41 204
Living cost
13 849
13 849
13 849
13 849
Free-cash
29 195
29 379
22 020
27 355

Estimated living cost  is ₴13849 per week

₴9809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2833
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
₴22549
₴32780
₴24759
₴29179
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
-
-
-
48
accident
-
-
-
429
income
-
-
-
18 902
pensions
-
-
-
13 475
unemployment
-
-
-
333
total
-
-
-
33 187
Employee
24 810
-
60 820
-
income
5 182
-
17 194
-
other
24
-
48
-
pensions
1 166
-
2 238
-
unemployment
384
-
738
-
total
6 756
-
20 218
-
Employer
24 810
-
60 820
-
other
199
-
381
-
unemployment
1 365
-
2 618
-
accident
491
-
943
-
pensions
5 855
-
11 237
-
total
7 910
-
15 179
-
Corporate
43 280
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.

6 492
11 400
-
-
total
6 492
11 400
-
-
Dividends
36 788
64 600
-
-
withholding
7 609
13 766
-
-
total
7 609
13 766
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 767
25 166
35 397
33 187
After tax
47 233
50 834
40 603
42 813
Living cost
18 054
18 054
18 054
18 054
Free-cash
29 179
32 780
22 549
24 759

Estimated living cost  is ₴18054 per week

₴12966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3431
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
₴53985
₴56257
₴51147
₴53168
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
health
-
-
-
2 037
income
-
-
-
11 400
pensions

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

-
-
-
2 622
unemployment
-
-
-
71
total
-
-
-
16 130
Employee
11 551
-
72 525
-
income
1 155
-
7 252
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 014
-
1 555
-
health
531
-
815
-
total
2 827
-
9 817
-
Employer
11 551
-
72 525
-
unemployment
69
-
106
-
health
797
-
1 222
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 273
-
1 952
-
total
2 266
-
3 475
-
Corporate
62 183
76 000
-
-
income
6 218
7 600
-
-
total
6 218
7 600
-
-
Dividends
55 965
68 400
-
-
withholding
2 798
3 420
-
-
total
2 798
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 109
11 020
13 292
16 130
After tax
61 891
64 980
62 708
59 870
Living cost
8 723
8 723
8 723
8 723
Free-cash
53 168
56 257
53 985
51 147

Estimated living cost  is ₴8723 per week

₴5769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
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.
₴2247
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
₴29567
₴19304
₴22089
₴26023
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
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.

-
-
-
3 510
income

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

-
-
-
21 886
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.

-
-
-
1 204
trade
-
-
-
7 478
total
-
-
-
34 078
Employee

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

25 560
-
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.

116
-
1 204
-
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.

2 102
-
21 886
-
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.

3 510
-
3 510
-
total
5 728
-
26 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 440
76 000
-
-
chamber of commerce
152
189
-
-
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.

416
627
-
-
trade
7 238
10 906
-
-
income
7 566
11 400
-
-
total
15 372
23 122
-
-
Dividends
35 067
52 878
-
-
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.

472
717
-
-
withholding
8 572
13 024
-
-
total
9 044
13 741
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 144
36 863
26 600
34 078
After tax
45 856
39 137
49 400
41 922
Living cost
19 833
19 833
19 833
19 833
Free-cash
26 023
19 304
29 567
22 089

Estimated living cost  is ₴19833 per week

₴13681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2134
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.
₴3730
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
₴12484
₴23937
₴12484
₴25071
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
-
-
-
21 909
social contributions
-
-
-
12 344
total
-
-
-
34 253
Employee
40 184
-
76 000
-
income
7 583
-
21 909
-
social contributions
3 338
-
12 344
-
total
10 921
-
34 253
-
Employer
40 184
-
76 000
-
total
-
-
-
-
Corporate
35 816
76 000
-
-
income
4 477
9 500
-
-
total
4 477
9 500
-
-
Dividends
31 340
66 500
-
-
withholding
6 268
13 300
-
-
total
6 268
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 666
22 800
34 253
34 253
After tax
54 334
53 200
41 747
41 747
Living cost
29 263
29 263
29 263
29 263
Free-cash
25 071
23 937
12 484
12 484

Estimated living cost  is ₴29263 per week

₴22263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2385
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.
₴4336
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
₴36274
₴28038
₴39566
₴29834
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
-
-
-
14 623
health

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

-
-
-
3 163
total
-
-
-
17 786
Employee
23 566
-
73 637
-
income
2 557
-
16 352
-
social contributions
2 361
-
2 363
-
total
4 918
-
18 715
-
Employer
23 566
-
73 637
-
social contributions
2 361
-
2 363
-
total
2 361
-
2 363
-
Corporate
50 073
76 000
-
-
income
17 525
26 600
-
-
total
17 525
26 600
-
-
Dividends
32 548
49 400
-
-
social contributions
2 714
2 714
-
-
total
2 714
2 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 518
29 314
21 078
17 786
After tax
48 482
46 686
54 922
58 214
Living cost
18 648
18 648
18 648
18 648
Free-cash
29 834
28 038
36 274
39 566

Estimated living cost  is ₴18648 per week

₴12283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
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.
₴4608
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
₴25552
₴32307
₴32508
₴35148
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
-
-
-
20 263
pensions
-
-
-
4 308
total
-
-
-
24 571
Employee
25 972
-
66 517
-
income
4 730
-
15 626
-
health
339
-
1 018
-
pensions
1 982
-
5 400
-
total
7 051
-
22 044
-
Employer
25 972
-
66 517
-
health
494
-
1 264
-
pensions
2 624
-
8 219
-
total
3 118
-
9 483
-
Corporate
46 911
76 000
-
-
income

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

8 913
14 440
-
-
total
8 913
14 440
-
-
Dividends
37 998
61 560
-
-
withholding
2 849
10 332
-
-
total
2 849
10 332
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 931
24 772
31 527
24 571
After tax
54 069
51 228
44 473
51 429
Living cost
18 921
18 921
18 921
18 921
Free-cash
35 148
32 307
25 552
32 508

Estimated living cost  is ₴18921 per week

₴12980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴3963
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
₴28450
-₴6149
₴39704
₴4270
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
-
-
-
191
health
-
-
-
1 127
accident
-
-
-
130
income
-
-
-
20 394
pensions
-
-
-
2 149
total
-
-
-
23 991
Employee
19 356
-
67 527
-
income
2 655
-
15 099
-
pensions
2 180
-
3 941
-
health
2 216
-
7 732
-
total
7 051
-
26 772
-
Employer
19 356
-
67 527
-
unemployment
474
-
1 654
-
accident
323
-
1 128
-
pensions
3 147
-
5 691
-
total
3 944
-
8 473
-
Corporate
52 699
76 000
-
-
income

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

47 429
68 400
-
-
total
47 429
68 400
-
-
Dividends
5 270
7 600
-
-
withholding
1 001
1 444
-
-
total
1 001
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 425
69 844
35 245
23 991
After tax
16 575
6 156
40 755
52 009
Living cost
12 305
12 305
12 305
12 305
Free-cash
4 270
-6 149
28 450
39 704

Estimated living cost  is ₴12305 per week

₴9030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2309
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

Close
Skopje , Macedonia
₴45480
₴57026
₴35858
₴54626
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
-
-
-
12 314
health insurance
-
-
-
5 624
work injury
-
-
-
380
pensions
-
-
-
13 984
unemployment
-
-
-
912
total
-
-
-
33 214
Employee

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

11 085
-
76 000
-
income
1 109
-
12 314
-
work injury
55
-
205
-
health insurance
820
-
3 035
-
pensions
2 040
-
7 546
-
unemployment
133
-
492
-
total
4 157
-
23 592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 915
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%.

649
760
-
-
total
649
760
-
-
Dividends
64 266
75 240
-
-
withholding
9 640
11 286
-
-
total
9 640
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 446
12 046
23 592
33 214
After tax
61 554
63 954
52 408
42 786
Living cost
6 928
6 928
6 928
6 928
Free-cash
54 626
57 026
45 480
35 858

Estimated living cost  is ₴6928 per week

₴4292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1916
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
₴12395
₴19566
₴15806
₴17230
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
national
-
-
-
17 949
regional
-
-
-
1 725
municipal
-
-
-
508
total
-
-
-
39 729
Employee
43 289
-
76 000
-
social contributions
14 597
-
25 627
-
municipal
258
-
453
-
national
7 315
-
15 554
-
regional
654
-
1 506
-
total
22 824
-
43 140
-
Employer
43 289
-
76 000
-
total
-
-
-
-
Corporate
32 711
76 000
-
-
nationa
7 851
18 240
-
-
municipal
1 576
3 664
-
-
total
9 427
21 904
-
-
Dividends
23 284
54 097
-
-
withholding
6 054
14 065
-
-
total
6 054
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 305
35 969
43 140
39 729
After tax
37 695
40 031
32 860
36 271
Living cost
20 465
20 465
20 465
20 465
Free-cash
17 230
19 566
12 395
15 806

Estimated living cost  is ₴20465 per week

₴14375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4372
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close