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
₴23476
₴34217
₴25842
₴28908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 329
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.

-
-
-
1 228
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.

-
-
-
3 354
trade
-
-
-
8 375
total
-
-
-
35 286
Employee

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

18 780
-
76 000
-
surtax

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

29
-
1 228
-
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.

525
-
22 329
-
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.

3 354
-
3 354
-
total
3 908
-
26 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 220
76 000
-
-
income
8 583
11 400
-
-
surtax

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

472
627
-
-
chamber of commerce
157
184
-
-
trade
9 012
11 970
-
-
total
18 224
24 181
-
-
Dividends
38 996
51 819
-
-
surtax

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

526
703
-
-
withholding
9 562
12 768
-
-
total
10 088
13 471
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 220
37 652
26 911
35 286
After tax
43 780
38 348
49 089
40 714
Living cost
14 872
14 872
14 872
14 872
Free-cash
28 908
23 476
34 217
25 842

Estimated living cost  is ₴14872 per week

₴9355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3505
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
₴21420
₴19688
₴19091
₴20988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
817
municipal
-
-
-
8 224
national
-
-
-
12 744
pensions
-
-
-
9 120
total
-
-
-
30 905
Employee
40 311
-
65 701
-
municipal
4 979
-
8 518
-
pensions
1 612
-
2 628
-
national
7 716
-
13 200
-
total
14 307
-
24 346
-
Employer
40 311
-
65 701
-
pensions
3 225
-
5 256
-
social contributions
433
-
706
-
total
3 658
-
5 962
-
Corporate
29 370
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%.

5 874
15 200
-
-
total
5 874
15 200
-
-
Dividends
23 496
60 800
-
-
withholding
5 169
13 376
-
-
total
5 169
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 008
28 576
30 308
30 905
After tax
46 992
47 424
45 692
45 095
Living cost
26 004
26 004
26 004
26 004
Free-cash
20 988
21 420
19 688
19 091

Estimated living cost  is ₴26004 per week

₴17675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴389
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.
₴5523
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
₴50585
₴35785
₴14998
₴46558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
76 000
income
-
-
-
12 594
surtax
-
-
-
19 380
social contributions

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

-
-
-
18 813
microenterprise
-
-
-
-
total
-
-
-
50 787
Employee
14 348
-
55 000
-
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.

1 578
-
6 050
-
income
2 554
-
10 700
-
total
4 132
-
16 750
-
Employer
14 348
-
55 000
-
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.

3 456
-
13 250
-
surtax
-
-
-
-
total
3 456
-
13 250
-
Corporate
58 196
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%.

11 639
15 200
-
-
total
11 639
15 200
-
-
Dividends

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

46 558
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 227
15 200
30 000
50 787
After tax
56 773
60 800
46 000
25 213
Living cost
10 215
10 215
10 215
10 215
Free-cash
46 558
50 585
35 785
14 998

Estimated living cost  is ₴10215 per week

₴6517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2493
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
₴16903
₴25775
₴22119
₴13895
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
-
-
-
21 504
health
-
-
-
6 055
pensions
-
-
-
5 753
total
-
-
-
33 312
Employee
41 930
41 930
66 875
-
pensions
7 547
5 753
5 753
-
income

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

6 863
6 863
8 723
-
health
6 436
5 474
6 055
-
total
20 846
18 090
20 531
-
Employer
41 930
41 930
66 875
-
health
2 915
2 915
3 622
-
pensions
2 918
2 918
3 627
-
unemployment
1 509
1 509
1 876
-
total
7 342
7 342
9 125
-
Corporate
27 242
26 727
-
-
income
5 448
5 346
-
-
total
5 448
5 346
-
-
Dividends
21 793
21 382
-
-
income
4 631
4 543
-
-
withholding
3 269
3 207
-
-
total
7 900
7 750
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 536
38 528
29 656
33 312
After tax
34 464
37 472
46 344
42 688
Living cost
20 569
20 569
20 569
20 569
Free-cash
13 895
16 903
25 775
22 119

Estimated living cost  is ₴20569 per week

₴14577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1854
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.
₴3811
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
₴21240
₴19106
₴19598
₴20785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
89
other
-
-
-
5 158
unemployment
-
-
-
44
health
-
-
-
2 770
municipal
-
-
-
18 828
national
-
-
-
4 458
pensions
-
-
-
4 799
total
-
-
-
36 146
Employee
28 862
-
62 052
-
municipal
8 607
-
18 504
-
national
-
-
4 186
-
total
8 607
-
22 690
-
Employer
28 862
-
62 052
-
health
1 775
-
2 730
-
pensions
3 120
-
4 799
-
accident
58
-
89
-
unemployment
762
-
1 172
-
other
3 354
-
5 158
-
total
9 069
-
13 948
-
Corporate
38 069
76 000
-
-
income
8 375
16 720
-
-
total
8 375
16 720
-
-
Dividends
29 694
59 280
-
-
withholding
8 908
17 784
-
-
total
8 908
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 959
34 504
36 638
36 146
After tax
41 041
41 496
39 362
39 854
Living cost
20 256
20 256
20 256
20 256
Free-cash
20 785
21 240
19 106
19 598

Estimated living cost  is ₴20256 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4536
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
₴18669
₴29800
₴21053
₴25569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 329
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.

-
-
-
1 228
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.

-
-
-
3 354
trade
-
-
-
8 747
total
-
-
-
35 658
Employee

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

24 900
-
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.

117
-
1 228
-
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.

2 139
-
22 329
-
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.

3 354
-
3 354
-
total
5 610
-
26 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 100
76 000
-
-
income
7 665
11 400
-
-
surtax

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

421
627
-
-
chamber of commerce
147
183
-
-
trade
8 406
12 502
-
-
total
16 639
24 712
-
-
Dividends
34 461
51 288
-
-
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.

464
695
-
-
withholding
8 429
12 635
-
-
total
8 893
13 330
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 142
38 042
26 911
35 658
After tax
44 858
37 958
49 089
40 342
Living cost
19 289
19 289
19 289
19 289
Free-cash
25 569
18 669
29 800
21 053

Estimated living cost  is ₴19289 per week

₴12901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
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.
₴4066
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
₴39551
₴35848
₴36546
₴37513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
13 646
social contributions
-
-
-
7 944
health
-
-
-
1 938
total
-
-
-
23 528
Employee
37 756
37 756
70 470
-
social contributions
1 835
3 134
4 227
-
income
3 965
3 495
13 270
-
health
376
642
1 198
-
total
6 176
7 271
18 695
-
Employer
37 756
37 756
70 470
-
health
409
699
1 304
-
social contributions
1 835
3 134
4 227
-
total
2 244
3 833
5 531
-
Corporate
51 655
34 411
-
-
income
6 457
4 301
-
-
total
6 457
4 301
-
-
Dividends
45 198
30 110
-
-
withholding
7 684
5 118
-
-
total
7 684
5 118
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 561
20 523
24 226
23 528
After tax
53 439
55 477
51 774
52 472
Living cost
15 926
15 926
15 926
15 926
Free-cash
37 513
39 551
35 848
36 546

Estimated living cost  is ₴15926 per week

₴10887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1244
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.
₴3528
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
₴33701
₴35042
₴43634
₴33890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
9 291
unemployment
-
-
-
1 140
health
-
-
-
5 320
pensions
-
-
-
7 600
total
-
-
-
23 351
Employee

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

The minimum wage is 138,000 HUF per month.

13 014
5 179
63 598
-
unemployment
195
78
954
-
pensions
1 301
518
6 360
-
income
1 591
633
7 775
-
health
911
363
4 452
-
total
3 998
1 592
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.

13 014
5 179
63 598
-
pensions
2 538
1 010
12 402
-
total
2 538
1 010
12 402
-
Corporate
60 449
69 811
-
-
income
5 440
6 283
-
-
total
5 440
6 283
-
-
Dividends
55 008
63 528
-
-
social contributions
10 667
12 329
-
-
withholding
10 452
12 070
-
-
total
21 119
24 399
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 095
33 284
31 943
23 351
After tax
42 905
42 716
44 057
52 649
Living cost
9 015
9 015
9 015
9 015
Free-cash
33 890
33 701
35 042
43 634

Estimated living cost  is ₴9015 per week

₴6152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1945
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
₴48940
₴31947
₴28876
₴45890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
10 184
health
-
-
-
9 880
pensions
-
-
-
15 200
total
-
-
-
35 264
Employee
13 929
-
56 801
-
unemployment
223
-
908
-
pensions
279
-
1 136
-
income
1 568
-
10 951
-
total
2 070
-
12 995
-
Employer
13 929
-
56 801
-
health
1 810
-
7 384
-
pensions
2 786
-
11 359
-
unemployment
112
-
455
-
total
4 708
-
19 198
-
Corporate
57 362
76 000
-
-
income
11 472
15 200
-
-
total
11 472
15 200
-
-
Dividends
45 890
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 250
15 200
32 193
35 264
After tax
57 750
60 800
43 807
40 736
Living cost
11 860
11 860
11 860
11 860
Free-cash
45 890
48 940
31 947
28 876

Estimated living cost  is ₴11860 per week

₴8134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2780
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
-₴4792
₴29924
₴41048
₴4477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
126
income
-
-
-
20 538
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
24 004
Employee
17 222
-
67 727
-
pensions
1 939
-
3 797
-
income
2 363
-
15 303
-
health
1 972
-
7 755
-
total
6 274
-
26 855
-
Employer
17 222
-
67 727
-
pensions
2 800
-
5 483
-
accident
288
-
1 131
-
unemployment
422
-
1 659
-
total
3 510
-
8 273
-
Corporate
55 268
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.

49 741
68 400
-
-
total
49 741
68 400
-
-
Dividends
5 527
7 600
-
-
withholding
1 050
1 444
-
-
total
1 050
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 575
69 844
35 128
24 004
After tax
15 425
6 156
40 872
51 996
Living cost
10 948
10 948
10 948
10 948
Free-cash
4 477
-4 792
29 924
41 048

Estimated living cost  is ₴10948 per week

₴8024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2089
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
₴68180
₴56780
₴71220
₴67426
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
5 025
-
76 000
-
income
1 005
-
15 200
-
total
1 005
-
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%.

70 975
76 000
-
-
total
-
-
-
-
Dividends
70 975
76 000
-
-
withholding
3 549
3 800
-
-
total
3 549
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 554
3 800
15 200
760
After tax
71 446
72 200
60 800
75 240
Living cost
4 020
4 020
4 020
4 020
Free-cash
67 426
68 180
56 780
71 220

Estimated living cost  is ₴4020 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1084
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
₴42754
₴30242
₴27432
₴39436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
10 734
other
-
-
-
3 546
health
-
-
-
3 285
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.

-
-
-
17 920
total
-
-
-
35 485
Employee
17 828
-
60 703
-
unemployment
178
-
607
-
pensions

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

1 248
-
4 249
-
income
3 069
-
11 672
-
health
250
-
850
-
total
4 745
-
17 378
-
Employer
17 828
-
60 703
-
health
250
-
850
-
pensions

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

3 031
-
10 320
-
accident
143
-
485
-
unemployment
178
-
607
-
other
892
-
3 035
-
total
4 494
-
15 297
-
Corporate
53 679
76 000
-
-
income
11 273
15 960
-
-
total
11 273
15 960
-
-
Dividends
42 406
60 040
-
-
withholding
2 969
4 203
-
-
total
2 969
4 203
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 481
20 163
32 675
35 485
After tax
52 519
55 837
43 325
40 515
Living cost
13 083
13 083
13 083
13 083
Free-cash
39 436
42 754
30 242
27 432

Estimated living cost  is ₴13083 per week

₴9244
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.
₴211
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.
₴2745
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
₴18126
₴11507
₴18442
₴17504
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
-
-
-
20 640
pensions
-
-
-
4 198
total
-
-
-
24 838
Employee
46 294
-
66 485
-
pensions
4 466
-
5 238
-
income
8 345
-
16 017
-
health
763
-
1 003
-
total
13 574
-
22 258
-
Employer
46 294
-
66 485
-
health
879
-
1 263
-
pensions
5 466
-
8 252
-
total
6 345
-
9 515
-
Corporate
23 361
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.

4 438
14 440
-
-
total
4 438
14 440
-
-
Dividends
18 923
61 560
-
-
withholding
1 419
10 714
-
-
total
1 419
10 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 776
25 154
31 773
24 838
After tax
50 224
50 846
44 227
51 162
Living cost
32 720
32 720
32 720
32 720
Free-cash
17 504
18 126
11 507
18 442

Estimated living cost  is ₴32720 per week

₴24518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4092
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
₴58542
₴56449
₴53581
₴56261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
69
health
-
-
-
1 973
pensions

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

-
-
-
2 539
total
-
-
-
15 981
Employee
8 525
-
72 635
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

749
-
1 506
-
income
852
-
7 263
-
health
392
-
789
-
total
2 087
-
9 747
-
Employer
8 525
-
72 635
-
health
588
-
1 184
-
pensions

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

940
-
1 890
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
unemployment
51
-
103
-
total
1 673
-
3 366
-
Corporate
65 802
76 000
-
-
income
6 580
7 600
-
-
total
6 580
7 600
-
-
Dividends
59 222
68 400
-
-
withholding
2 961
3 420
-
-
total
2 961
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 301
11 020
13 113
15 981
After tax
62 699
64 980
62 887
60 019
Living cost
6 438
6 438
6 438
6 438
Free-cash
56 261
58 542
56 449
53 581

Estimated living cost  is ₴6438 per week

₴3759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴2049
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
₴10245
₴19117
₴15461
₴11481
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
-
-
-
21 504
health
-
-
-
6 055
pensions
-
-
-
5 753
total
-
-
-
33 312
Employee
45 523
41 930
66 875
-
pensions
5 753
5 753
5 753
-
income

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

6 863
6 863
8 723
-
health
5 679
5 474
6 055
-
total
18 295
18 090
20 531
-
Employer
45 523
41 930
66 875
-
health
3 163
2 915
3 622
-
pensions
3 168
2 918
3 627
-
unemployment
1 639
1 509
1 876
-
total
7 970
7 342
9 125
-
Corporate
22 507
26 727
-
-
income
4 501
5 346
-
-
total
4 501
5 346
-
-
Dividends
18 005
21 382
-
-
income
3 826
4 543
-
-
withholding
2 700
3 207
-
-
total
6 526
7 750
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 292
38 528
29 656
33 312
After tax
38 708
37 472
46 344
42 688
Living cost
27 227
27 227
27 227
27 227
Free-cash
11 481
10 245
19 117
15 461

Estimated living cost  is ₴27227 per week

₴20085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4399
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
₴40125
₴26366
₴28754
₴35772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 228
social contributions
-
-
-
17 557
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 045
Employee
17 942
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 166
-
3 687
-
income
2 153
-
6 806
-
health
2 422
-
7 657
-
total
5 741
-
18 150
-
Employer
17 942
-
56 716
-
health
1 615
-
5 104
-
social contributions
4 486
-
14 179
-
total
6 101
-
19 283
-
Corporate
51 957
76 000
-
-
income
9 872
14 440
-
-
total
9 872
14 440
-
-
Dividends
42 085
61 560
-
-
withholding
6 313
9 234
-
-
total
6 313
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 027
23 674
37 433
35 045
After tax
47 973
52 326
38 567
40 955
Living cost
12 201
12 201
12 201
12 201
Free-cash
35 772
40 125
26 366
28 754

Estimated living cost  is ₴12201 per week

₴8475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2618
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
₴19830
₴12757
₴16217
₴17266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
886
municipal
-
-
-
452
national
-
-
-
18 179
total
-
-
-
39 064
Employee
43 638
-
76 000
-
municipal
231
-
403
-
national
7 561
-
15 713
-
regional
412
-
781
-
social contributions
14 715
-
25 627
-
total
22 919
-
42 524
-
Employer
43 638
-
76 000
-
total
-
-
-
-
Corporate
32 362
76 000
-
-
municipal
1 263
2 964
-
-
nationa
7 766
18 240
-
-
total
9 029
21 204
-
-
Dividends
23 333
54 796
-
-
withholding
6 067
14 247
-
-
total
6 067
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 015
35 451
42 524
39 064
After tax
37 985
40 549
33 476
36 936
Living cost
20 719
20 719
20 719
20 719
Free-cash
17 266
19 830
12 757
16 217

Estimated living cost  is ₴20719 per week

₴14443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4599
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
₴36969
₴22618
₴25232
₴35440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
19 263
other
-
-
-
-
surtax
-
-
-
2 800
unemployment
-
-
-
112
health
-
-
-
4 652
pensions
-
-
-
13 106
total
-
-
-
39 933
Employee
16 237
-
62 784
-
other
-
-
-
-
unemployment
1 130
-
4 370
-
pensions
1 083
-
4 187
-
surtax
53
-
2 387
-
income
2 722
-
16 786
-
health
415
-
1 602
-
total
5 403
-
29 332
-
Employer
16 237
-
62 784
-
health
739
-
2 856
-
pensions
2 165
-
8 369
-
unemployment
514
-
1 990
-
other
-
-
-
-
total
3 418
-
13 215
-
Corporate
56 345
76 000
-
-
income
14 650
19 760
-
-
total
14 650
19 760
-
-
Dividends
41 695
56 240
-
-
withholding
6 254
8 436
-
-
total
6 254
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 725
28 196
42 547
39 933
After tax
46 275
47 804
33 453
36 067
Living cost
10 835
10 835
10 835
10 835
Free-cash
35 440
36 969
22 618
25 232

Estimated living cost  is ₴10835 per week

₴6625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
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.
₴2960
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
₴28493
₴21874
₴28809
₴30742
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
-
-
-
20 640
pensions
-
-
-
4 198
total
-
-
-
24 838
Employee
31 025
-
66 485
-
pensions
2 633
-
5 238
-
income
5 588
-
16 017
-
health
450
-
1 003
-
total
8 671
-
22 258
-
Employer
31 025
-
66 485
-
health
589
-
1 263
-
pensions
3 358
-
8 252
-
total
3 947
-
9 515
-
Corporate
41 027
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.

7 795
14 440
-
-
total
7 795
14 440
-
-
Dividends
33 232
61 560
-
-
withholding
2 492
10 714
-
-
total
2 492
10 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 905
25 154
31 773
24 838
After tax
53 095
50 846
44 227
51 162
Living cost
22 353
22 353
22 353
22 353
Free-cash
30 742
28 493
21 874
28 809

Estimated living cost  is ₴22353 per week

₴16747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3697
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
-₴4058
₴19646
₴23342
₴12547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 520
regional
-
-
-
3 418
health
-
-
-
171
city
-
-
-
801
national
-
-
-
945
pensions
-
-
-
6 992
total
-
-
-
13 847
Employee
45 419
-
68 024
-
unemployment
-
-
-
-
pensions
3 816
-
5 714
-
national
215
-
770
-
regional
1 487
-
2 945
-
city
487
-
731
-
health
103
-
154
-
total
6 108
-
10 314
-
Employer
45 419
-
68 024
-
health
103
-
154
-
pensions
3 816
-
5 714
-
unemployment
-
-
-
-
other

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

908
-
1 361
-
total
4 827
-
7 229
-
Corporate
25 255
76 000
-
-
regional
5 342
16 074
-
-
national
2 147
6 460
-
-
total
7 489
22 534
-
-
Dividends
17 766
53 466
-
-
withholding
6 218
18 713
-
-
total
6 218
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 642
41 247
17 543
13 847
After tax
51 358
34 753
58 457
62 153
Living cost
38 811
38 811
38 811
38 811
Free-cash
12 547
-4 058
19 646
23 342

Estimated living cost  is ₴38811 per week

₴25238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴476
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.
₴9613
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
₴15073
₴26596
₴17478
₴23036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 329
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.

-
-
-
1 228
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.

-
-
-
3 354
trade
-
-
-
9 118
total
-
-
-
36 029
Employee

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

29 509
-
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.

191
-
1 228
-
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.

3 470
-
22 329
-
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.

3 354
-
3 354
-
total
7 015
-
26 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 491
76 000
-
-
income
6 973
11 400
-
-
surtax

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

384
627
-
-
chamber of commerce
140
182
-
-
trade
7 973
13 034
-
-
total
15 470
25 243
-
-
Dividends
31 021
50 757
-
-
surtax

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

417
688
-
-
withholding
7 569
12 503
-
-
total
7 986
13 191
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 471
38 434
26 911
36 029
After tax
45 529
37 566
49 089
39 971
Living cost
22 493
22 493
22 493
22 493
Free-cash
23 036
15 073
26 596
17 478

Estimated living cost  is ₴22493 per week

₴16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1799
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.
₴3974
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
₴21505
₴26137
₴26200
₴24408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 043
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
2 886
pensions
-
-
-
14 551
total
-
-
-
33 001
Employee
21 015
-
59 477
-
pensions
2 376
-
3 863
-
surtax
-
-
-
-
social contributions
599
-
1 695
-
income
1 240
-
10 982
-
total
4 215
-
16 540
-
Employer
21 015
-
59 477
-
health
1 471
-
5 180
-
pensions
3 452
-
6 553
-
unemployment
851
-
2 409
-
social contributions
63
-
178
-
other
725
-
2 204
-
total
6 562
-
16 524
-
Corporate
48 423
76 000
-
-
income
13 558
21 280
-
-
surtax
-
-
-
-
total
13 558
21 280
-
-
Dividends
34 865
54 720
-
-
surtax
-
-
-
-
social contributions
5 996
9 412
-
-
withholding
4 462
7 004
-
-
total
10 458
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 793
37 696
33 064
33 001
After tax
41 207
38 304
42 936
42 999
Living cost
16 799
16 799
16 799
16 799
Free-cash
24 408
21 505
26 137
26 200

Estimated living cost  is ₴16799 per week

₴10593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
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.
₴4555
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
₴23169
₴27801
₴27864
₴25896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 043
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
2 886
pensions
-
-
-
14 551
total
-
-
-
33 001
Employee
18 758
-
59 477
-
pensions
2 122
-
3 863
-
surtax
-
-
-
-
social contributions
535
-
1 695
-
income
967
-
10 982
-
total
3 624
-
16 540
-
Employer
18 758
-
59 477
-
health
1 313
-
5 180
-
pensions
3 082
-
6 553
-
unemployment
759
-
2 409
-
social contributions
56
-
178
-
other
648
-
2 204
-
total
5 858
-
16 524
-
Corporate
51 383
76 000
-
-
income
14 388
21 280
-
-
surtax
-
-
-
-
total
14 388
21 280
-
-
Dividends
36 996
54 720
-
-
surtax
-
-
-
-
social contributions
6 364
9 412
-
-
withholding
4 735
7 004
-
-
total
11 099
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 969
37 696
33 064
33 001
After tax
41 031
38 304
42 936
42 999
Living cost
15 135
15 135
15 135
15 135
Free-cash
25 896
23 169
27 801
27 864

Estimated living cost  is ₴15135 per week

₴8777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4533
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
₴35954
₴37136
₴38395
₴36208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
social contributions
-
-
-
10 488
health
-
-
-
5 305
total
-
-
-
27 193
Employee
16 648
-
76 000
-
social contributions
2 298
-
10 488
-
income
2 777
-
12 659
-
health
1 162
-
5 305
-
total
6 237
-
28 452
-
Employer
16 648
-
76 000
-
total
-
-
-
-
Corporate
59 352
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%.

2 968
3 800
-
-
total
2 968
3 800
-
-
Dividends
56 384
72 200
-
-
social contributions
7 781
9 964
-
-
withholding
8 458
10 830
-
-
health
3 936
5 040
-
-
total
20 175
25 834
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 380
29 634
28 452
27 193
After tax
46 620
46 366
47 548
48 807
Living cost
10 412
10 412
10 412
10 412
Free-cash
36 208
35 954
37 136
38 395

Estimated living cost  is ₴10412 per week

₴6968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2561
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
₴24851
₴2564
₴21676
₴24091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
18 610
surtax
-
-
-
97
unemployment
-
-
-
3 012
chamber of commerce
-
-
-
304
health
-
-
-
4 388
pensions
-
-
-
10 612
total
-
-
-
37 023
Employee
24 539
19 567
59 257
-
other
245
196
574
-
unemployment
736
587
1 721
-
pensions
2 513
2 003
5 874
-
income
2 793
1 443
14 654
-
health
949
758
2 220
-
total
7 236
4 987
25 043
-
Employer
24 539
19 567
59 257
-
chamber of commerce
98
78
237
-
health
927
740
2 168
-
pensions
3 080
2 456
7 199
-
accident
319
254
745
-
unemployment
736
587
1 721
-
surtax
97
97
97
-
payroll
736
587
1 778
-
other
1 166
929
2 798
-
total
7 159
5 728
16 743
-
Corporate
44 304
50 704
57 393
-
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.

11 076
12 676
14 349
-
total
11 076
12 676
14 349
-
Dividends
33 227
38 028
-
-
withholding
9 137
10 457
-
-
total
9 137
10 457
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 608
33 848
56 135
37 023
After tax
41 392
42 152
19 865
38 977
Living cost
17 301
17 301
17 301
17 301
Free-cash
24 091
24 851
2 564
21 676

Estimated living cost  is ₴17301 per week

₴11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4002
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
₴24624
₴9441
₴15156
₴17259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal

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

-
-
-
3 849
social contributions
-
-
-
11 839
national
-
-
-
27 253
total
-
-
-
42 941
Employee

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

35 122
-
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.

306
-
512
-
communal

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

1 832
-
3 070
-
pensions

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

2 634
-
4 415
-
national
10 798
-
20 757
-
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.

1 650
-
2 766
-
total
17 220
-
31 520
-
Employer

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

35 122
-
58 864
-
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.

2 160
-
3 621
-
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.

3 112
-
5 215
-
accident

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

457
-
766
-
unemployment

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

512
-
859
-
surtax
3 982
-
6 675
-
total
10 223
-
17 136
-
Corporate
30 654
76 000
-
-
income
6 131
15 200
-
-
surtax
123
304
-
-
total
6 254
15 504
-
-
Dividends
24 400
60 496
-
-
withholding

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

7 141
17 969
-
-
total
7 141
17 969
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 838
33 473
48 656
42 941
After tax
35 162
42 527
27 344
33 059
Living cost
17 903
17 903
17 903
17 903
Free-cash
17 259
24 624
9 441
15 156

Estimated living cost  is ₴17903 per week

₴11532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1565
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.
₴4526
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
₴33053
₴22976
₴25036
₴29501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
410
income
-
-
-
19 578
other
-
-
-
46
unemployment
-
-
-
319
pensions
-
-
-
12 879
total
-
-
-
33 232
Employee
24 441
-
61 491
-
other
24
-
46
-
unemployment
379
-
705
-
pensions
1 149
-
2 139
-
income
5 157
-
17 893
-
total
6 709
-
20 783
-
Employer
24 441
-
61 491
-
pensions
5 768
-
10 741
-
accident
484
-
901
-
unemployment
1 345
-
2 503
-
other
195
-
364
-
total
7 792
-
14 509
-
Corporate
43 768
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.

6 565
11 400
-
-
total
6 565
11 400
-
-
Dividends
37 203
64 600
-
-
withholding
7 701
13 815
-
-
total
7 701
13 815
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 767
25 215
35 292
33 232
After tax
47 233
50 785
40 708
42 768
Living cost
17 732
17 732
17 732
17 732
Free-cash
29 501
33 053
22 976
25 036

Estimated living cost  is ₴17732 per week

₴13058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3161
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
₴18377
₴15096
₴12066
₴12623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal
-
-
-
4 803
accident
-
-
-
641
income
-
-
-
11 307
surtax
-
-
-
3 768
health
-
-
-
5 340
pensions
-
-
-
11 391
total
-
-
-
37 250
Employee
37 184
-
67 887
-
pensions
2 974
-
5 431
-
surtax
2 279
-
4 160
-
income
3 592
-
13 496
-
health
1 655
-
3 021
-
total
10 500
-
26 108
-
Employer
37 184
-
67 887
-
health
1 134
-
2 070
-
pensions
2 974
-
5 431
-
accident
335
-
611
-
total
4 443
-
8 112
-
Corporate
34 373
76 000
-
-
communal
2 320
5 130
-
-
income
5 156
11 400
-
-
surtax
361
798
-
-
total
7 837
17 328
-
-
Dividends
26 537
58 672
-
-
income
9 932
4 810
-
-
withholding
3 981
8 801
-
-
total
13 913
13 611
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 693
30 939
34 220
37 250
After tax
39 307
45 061
41 780
38 750
Living cost
26 684
26 684
26 684
26 684
Free-cash
12 623
18 377
15 096
12 066

Estimated living cost  is ₴26684 per week

₴20017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4767
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
₴36775
₴22424
₴25038
₴35213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
19 263
other
-
-
-
-
surtax
-
-
-
2 800
unemployment
-
-
-
112
health
-
-
-
4 652
pensions
-
-
-
13 106
total
-
-
-
39 933
Employee
16 536
-
62 784
-
other
-
-
-
-
unemployment
1 151
-
4 370
-
pensions
1 103
-
4 187
-
surtax
59
-
2 387
-
income
2 772
-
16 786
-
health
422
-
1 602
-
total
5 507
-
29 332
-
Employer
16 536
-
62 784
-
health
752
-
2 856
-
pensions
2 205
-
8 369
-
unemployment
525
-
1 990
-
other
-
-
-
-
total
3 482
-
13 215
-
Corporate
55 983
76 000
-
-
income
14 555
19 760
-
-
total
14 555
19 760
-
-
Dividends
41 428
56 240
-
-
withholding
6 214
8 436
-
-
total
6 214
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 758
28 196
42 547
39 933
After tax
46 242
47 804
33 453
36 067
Living cost
11 029
11 029
11 029
11 029
Free-cash
35 213
36 775
22 424
25 038

Estimated living cost  is ₴11029 per week

₴6659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
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.
₴3156
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
₴26721
₴20007
₴23449
₴25629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 146
municipal
-
-
-
452
national
-
-
-
18 179
total
-
-
-
39 324
Employee
27 237
-
76 000
-
municipal
144
-
403
-
national
4 315
-
15 713
-
regional
367
-
1 023
-
social contributions
9 185
-
25 627
-
total
14 011
-
42 766
-
Employer
27 237
-
76 000
-
total
-
-
-
-
Corporate
48 763
76 000
-
-
municipal
2 424
3 777
-
-
nationa
11 703
18 240
-
-
total
14 127
22 017
-
-
Dividends
34 636
53 983
-
-
withholding
9 006
14 035
-
-
total
9 006
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 144
36 052
42 766
39 324
After tax
38 856
39 948
33 234
36 676
Living cost
13 227
13 227
13 227
13 227
Free-cash
25 629
26 721
20 007
23 449

Estimated living cost  is ₴13227 per week

₴8226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3435
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
₴37291
₴23532
₴25920
₴31928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 228
social contributions
-
-
-
17 557
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 045
Employee
22 110
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 437
-
3 687
-
income
2 653
-
6 806
-
health
2 985
-
7 657
-
total
7 075
-
18 150
-
Employer
22 110
-
56 716
-
health
1 990
-
5 104
-
social contributions
5 527
-
14 179
-
total
7 517
-
19 283
-
Corporate
46 373
76 000
-
-
income
8 811
14 440
-
-
total
8 811
14 440
-
-
Dividends
37 562
61 560
-
-
withholding
5 634
9 234
-
-
total
5 634
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 037
23 674
37 433
35 045
After tax
46 963
52 326
38 567
40 955
Living cost
15 035
15 035
15 035
15 035
Free-cash
31 928
37 291
23 532
25 920

Estimated living cost  is ₴15035 per week

₴11181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2761
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
₴26539
₴4229
₴23409
₴26295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
18 610
surtax
-
-
-
-
unemployment
-
-
-
3 012
chamber of commerce
-
-
-
304
health
-
-
-
4 388
pensions
-
-
-
10 612
total
-
-
-
36 926
Employee
21 463
19 567
59 346
-
other
214
196
574
-
unemployment
644
587
1 721
-
pensions
2 198
2 003
5 874
-
income
1 912
1 443
14 692
-
health
830
758
2 220
-
total
5 798
4 987
25 081
-
Employer
21 463
19 567
59 346
-
chamber of commerce
86
78
238
-
health
812
740
2 168
-
pensions
2 694
2 456
7 199
-
accident
279
254
745
-
unemployment
644
587
1 721
-
surtax
-
-
-
-
payroll
644
587
1 781
-
other
1 019
929
2 802
-
total
6 178
5 631
16 654
-
Corporate
48 360
50 801
57 483
-
income

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

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

12 090
12 700
14 371
-
total
12 090
12 700
14 371
-
Dividends
36 270
38 101
-
-
withholding
9 974
10 478
-
-
total
9 974
10 478
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 040
33 796
56 106
36 926
After tax
41 960
42 204
19 894
39 074
Living cost
15 665
15 665
15 665
15 665
Free-cash
26 295
26 539
4 229
23 409

Estimated living cost  is ₴15665 per week

₴9397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
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.
₴4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₴65936
₴54536
₴68976
₴64762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
7 830
-
76 000
-
income
1 566
-
15 200
-
total
1 566
-
15 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

68 170
76 000
-
-
total
-
-
-
-
Dividends
68 170
76 000
-
-
withholding
3 408
3 800
-
-
total
3 408
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 974
3 800
15 200
760
After tax
71 026
72 200
60 800
75 240
Living cost
6 264
6 264
6 264
6 264
Free-cash
64 762
65 936
54 536
68 976

Estimated living cost  is ₴6264 per week

₴4239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
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.
₴1552
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
₴39156
₴22468
₴24480
₴35050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
76 000
income
-
-
-
16 877
unemployment
-
-
-
114
health
-
-
-
7 479
pensions
-
-
-
13 880
total
-
-
-
38 350
Employee

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

21 713
-
65 761
-
unemployment
31
-
92
-
pensions
3 366
-
10 193
-
income
3 744
-
15 589
-
health
1 402
-
4 249
-
total
8 543
-
30 123
-
Employer

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

21 713
-
65 761
-
health
1 446
-
4 380
-
pensions
1 921
-
5 820
-
unemployment
13
-
39
-
total
3 380
-
10 239
-
Corporate
50 907
76 000
-
-
income
9 672
14 440
-
-
total
9 672
14 440
-
-
Dividends
41 235
61 560
-
-
withholding
6 185
9 234
-
-
total
6 185
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 780
23 674
40 362
38 350
After tax
48 220
52 326
35 638
37 650
Living cost
13 170
13 170
13 170
13 170
Free-cash
35 050
39 156
22 468
24 480

Estimated living cost  is ₴13170 per week

₴9038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3033
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
₴24687
₴47879
₴30971
₴929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 814
social contributions
-
-
-
8 664
total
-
-
-
23 478
Employee
30 900
-
-
-
social contributions
2 534
-
361
-
income
6 816
-
-
-
total
9 350
-
361
-
Employer
30 900
-
-
-
social contributions
43 570
-
6 209
-
total
43 570
-
6 209
-
Corporate
1 530
76 000
-
-
income
337
16 720
-
-
total
337
16 720
-
-
Dividends
1 194
59 280
-
-
income
263
13 042
-
-
total
263
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 520
29 762
6 570
23 478
After tax
22 480
46 238
69 430
52 522
Living cost
21 551
21 551
21 551
21 551
Free-cash
929
24 687
47 879
30 971

Estimated living cost  is ₴21551 per week

₴13983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5266
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
₴27828
₴20212
₴25674
₴27334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
76 000
income
-
-
-
8 515
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 925
Employee
22 583
-
61 414
-
surtax
-
-
-
-
social contributions
2 484
-
6 755
-
income
4 697
-
19 046
-
total
7 181
-
25 801
-
Employer
22 583
-
61 414
-
social contributions
5 363
-
14 586
-
total
5 363
-
14 586
-
Corporate
48 054
76 000
-
-
income
10 091
15 960
-
-
surtax
-
-
-
-
total
10 091
15 960
-
-
Dividends
37 963
60 040
-
-
withholding
10 630
16 811
-
-
total
10 630
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 265
32 771
40 387
34 925
After tax
42 735
43 229
35 613
41 075
Living cost
15 401
15 401
15 401
15 401
Free-cash
27 334
27 828
20 212
25 674

Estimated living cost  is ₴15401 per week

₴11523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2712
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
₴14589
₴19221
₴19284
₴17965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 043
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 165
health
-
-
-
2 886
pensions
-
-
-
14 551
total
-
-
-
33 001
Employee
30 753
-
59 477
-
pensions
3 478
-
3 863
-
surtax
-
-
-
-
social contributions
876
-
1 695
-
income
2 683
-
10 982
-
total
7 037
-
16 540
-
Employer
30 753
-
59 477
-
health
2 152
-
5 180
-
pensions
5 053
-
6 553
-
unemployment
1 246
-
2 409
-
social contributions
92
-
178
-
other
1 061
-
2 204
-
total
9 604
-
16 524
-
Corporate
35 642
76 000
-
-
income
9 979
21 280
-
-
surtax
-
-
-
-
total
9 979
21 280
-
-
Dividends
25 663
54 720
-
-
surtax
-
-
-
-
social contributions
4 415
9 412
-
-
withholding
3 285
7 004
-
-
total
7 700
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 320
37 696
33 064
33 001
After tax
41 680
38 304
42 936
42 999
Living cost
23 715
23 715
23 715
23 715
Free-cash
17 965
14 589
19 221
19 284

Estimated living cost  is ₴23715 per week

₴16050
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.
₴325
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.
₴5400
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
₴53640
₴43592
₴41574
₴51990
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
-
-
-
2 946
social contributions
-
-
-
16 720
total
-
-
-
19 666
Employee
15 785
-
65 801
-
income
-
-
3 171
-
social contributions
1 026
-
4 278
-
total
1 026
-
7 449
-
Employer
15 785
-
65 801
-
social contributions
2 447
-
10 199
-
total
2 447
-
10 199
-
Corporate
57 768
76 000
-
-
income
5 777
7 600
-
-
total
5 777
7 600
-
-
Dividends
51 991
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 250
7 600
17 648
19 666
After tax
66 750
68 400
58 352
56 334
Living cost
14 760
14 760
14 760
14 760
Free-cash
51 990
53 640
43 592
41 574

Estimated living cost  is ₴14760 per week

₴9543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3826
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
-₴30927
-₴30927
₴21792
-₴30927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
labour market
-
-
-
6 046
municipal
-
-
-
15 521
national
-
-
-
8 581
pensions
-
-
-
425
total
-
-
-
30 573
Employee
99 759
99 759
99 759
-
municipal
21 243
21 243
21 243
-
labour market
7 969
7 969
7 969
-
pensions
142
142
142
-
national
12 187
12 187
12 187
-
total
41 541
41 541
41 541
-
Employer
99 759
99 759
99 759
-
national
12 209
12 209
12 209
-
labour market
7 981
7 981
7 981
-
pensions
284
284
284
-
municipal
21 277
21 277
21 277
-
total
41 751
41 751
41 751
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
83 292
83 292
83 292
30 573
After tax
-7 292
-7 292
-7 292
45 427
Living cost
23 635
23 635
23 635
23 635
Free-cash
-30 927
-30 927
-30 927
21 792

Estimated living cost  is ₴23635 per week

₴16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴363
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.
₴5005
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
-₴4631
₴30085
₴41209
₴4501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
126
income
-
-
-
20 538
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
24 004
Employee
16 969
-
67 727
-
pensions
1 911
-
3 797
-
income
2 328
-
15 303
-
health
1 943
-
7 755
-
total
6 182
-
26 855
-
Employer
16 969
-
67 727
-
pensions
2 759
-
5 483
-
accident
283
-
1 131
-
unemployment
416
-
1 659
-
total
3 458
-
8 273
-
Corporate
55 573
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.

50 016
68 400
-
-
total
50 016
68 400
-
-
Dividends
5 557
7 600
-
-
withholding
1 056
1 444
-
-
total
1 056
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 712
69 844
35 128
24 004
After tax
15 288
6 156
40 872
51 996
Living cost
10 787
10 787
10 787
10 787
Free-cash
4 501
-4 631
30 085
41 209

Estimated living cost  is ₴10787 per week

₴7852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2118
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
₴29423
₴21684
₴31693
₴30406
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
-
-
-
965
municipal
-
-
-
13 506
national
-
-
-
10 985
total
-
-
-
25 456
Employee
25 833
-
63 935
-
municipal
4 231
-
10 418
-
unemployment
388
-
959
-
pensions
1 743
-
4 316
-
national
427
-
6 927
-
health
193
-
780
-
total
6 982
-
23 400
-
Employer
25 833
-
63 935
-
health
198
-
492
-
pensions
4 482
-
11 093
-
accident
26
-
64
-
unemployment
168
-
416
-
total
4 874
-
12 065
-
Corporate
45 293
76 000
-
-
income
9 059
15 200
-
-
total
9 059
15 200
-
-
Dividends

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

27 175
45 600
-
-
municipal
4 892
8 208
-
-
national
936
4 318
-
-
total
5 828
12 526
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 743
27 726
35 465
25 456
After tax
49 257
48 274
40 535
50 544
Living cost
18 851
18 851
18 851
18 851
Free-cash
30 406
29 423
21 684
31 693

Estimated living cost  is ₴18851 per week

₴12314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1813
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.
₴4425
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
₴44109
₴40406
₴41104
₴41437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
13 646
social contributions
-
-
-
7 944
health
-
-
-
1 938
total
-
-
-
23 528
Employee
37 756
37 756
70 470
-
social contributions
1 427
3 134
4 227
-
income
4 111
3 495
13 270
-
health
293
642
1 198
-
total
5 831
7 271
18 695
-
Employer
37 756
37 756
70 470
-
health
318
699
1 304
-
social contributions
1 427
3 134
4 227
-
total
1 745
3 833
5 531
-
Corporate
57 055
34 411
-
-
income
7 132
4 301
-
-
total
7 132
4 301
-
-
Dividends
49 924
30 110
-
-
withholding
8 487
5 118
-
-
total
8 487
5 118
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 195
20 523
24 226
23 528
After tax
52 805
55 477
51 774
52 472
Living cost
11 368
11 368
11 368
11 368
Free-cash
41 437
44 109
40 406
41 104

Estimated living cost  is ₴11368 per week

₴6813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3189
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
₴55140
₴45797
₴55644
₴52640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 000
income
-
-
-
7 646
unemployment
-
-
-
14
health
-
-
-
1 777
pensions
-
-
-
3 123
total
-
-
-
12 560
Employee

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

11 270
-
71 201
-
unemployment
56
-
233
-
pensions
1 690
-
6 988
-
income
771
-
6 428
-
health
958
-
3 960
-
total
3 475
-
17 609
-
Employer

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

11 270
-
71 201
-
health
485
-
2 003
-
pensions
620
-
2 562
-
unemployment
56
-
233
-
total
1 161
-
4 798
-
Corporate
63 570
76 000
-
-
income
5 721
6 840
-
-
total
5 721
6 840
-
-
Dividends
57 848
69 160
-
-
withholding
5 207
6 224
-
-
total
5 207
6 224
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 564
13 064
22 407
12 560
After tax
60 436
62 936
53 593
63 440
Living cost
7 796
7 796
7 796
7 796
Free-cash
52 640
55 140
45 797
55 644

Estimated living cost  is ₴7796 per week

₴4974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2028
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
₴37283
₴27206
₴29266
₴35069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
410
income
-
-
-
19 578
other
-
-
-
46
unemployment
-
-
-
319
pensions
-
-
-
12 879
total
-
-
-
33 232
Employee
18 156
-
61 491
-
other
18
-
46
-
unemployment
281
-
705
-
pensions
854
-
2 139
-
income
3 500
-
17 893
-
total
4 653
-
20 783
-
Employer
18 156
-
61 491
-
pensions
4 284
-
10 741
-
accident
360
-
901
-
unemployment
999
-
2 503
-
other
145
-
364
-
total
5 788
-
14 509
-
Corporate
52 056
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.

7 808
11 400
-
-
total
7 808
11 400
-
-
Dividends
44 248
64 600
-
-
withholding
9 180
13 815
-
-
total
9 180
13 815
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 429
25 215
35 292
33 232
After tax
48 571
50 785
40 708
42 768
Living cost
13 502
13 502
13 502
13 502
Free-cash
35 069
37 283
27 206
29 266

Estimated living cost  is ₴13502 per week

₴9114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1298
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.
₴2854
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
₴46464
₴47808
₴47876
₴46305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
25 956
health
-
-
-
508
pensions
-
-
-
700
total
-
-
-
27 164
Employee
1 463
-
75 212
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
25 919
-
health
73
-
175
-
total
503
-
26 444
-
Employer
1 463
-
75 212
-
health
139
-
333
-
pensions
161
-
385
-
unemployment
29
-
70
-
total
329
-
788
-
Corporate
74 208
76 000
-
-
income
16 326
16 720
-
-
total
16 326
16 720
-
-
Dividends
57 883
59 280
-
-
withholding
11 577
11 856
-
-
total
11 577
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 735
28 576
27 232
27 164
After tax
47 265
47 424
48 768
48 836
Living cost
960
960
960
960
Free-cash
46 305
46 464
47 808
47 876

Estimated living cost  is ₴960 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴46419
₴36844
₴36845
₴44004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 000
income
-
-
-
16 949
unemployment
-
-
-
544
health
-
-
-
3 737
pensions
-
-
-
9 434
total
-
-
-
30 664
Employee

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

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

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

12 804
-
69 505
-
unemployment
96
-
272
-
pensions
1 793
-
5 080
-
income
1 765
-
16 949
-
health
659
-
1 869
-
total
4 313
-
24 170
-
Employer

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

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

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

12 804
-
69 505
-
health
659
-
1 869
-
pensions
1 536
-
4 354
-
unemployment
96
-
272
-
total
2 291
-
6 495
-
Corporate
60 904
76 000
-
-
income
9 136
11 400
-
-
total
9 136
11 400
-
-
Dividends
51 769
64 600
-
-
withholding
7 765
9 690
-
-
total
7 765
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 505
21 090
30 665
30 664
After tax
52 495
54 910
45 335
45 336
Living cost
8 491
8 491
8 491
8 491
Free-cash
44 004
46 419
36 844
36 845

Estimated living cost  is ₴8491 per week

₴5717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
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.
₴1871
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
₴29992
₴22376
₴27838
₴29814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
76 000
income
-
-
-
8 515
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 925
Employee
19 057
-
61 414
-
surtax
-
-
-
-
social contributions
2 097
-
6 755
-
income
3 724
-
19 046
-
total
5 821
-
25 801
-
Employer
19 057
-
61 414
-
social contributions
4 526
-
14 586
-
total
4 526
-
14 586
-
Corporate
52 417
76 000
-
-
income
11 007
15 960
-
-
surtax
-
-
-
-
total
11 007
15 960
-
-
Dividends
41 410
60 040
-
-
withholding
11 595
16 811
-
-
total
11 595
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 949
32 771
40 387
34 925
After tax
43 051
43 229
35 613
41 075
Living cost
13 237
13 237
13 237
13 237
Free-cash
29 814
29 992
22 376
27 838

Estimated living cost  is ₴13237 per week

₴9376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2708
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
₴33529
₴23452
₴25512
₴30146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
410
income
-
-
-
19 578
other
-
-
-
46
unemployment
-
-
-
319
pensions
-
-
-
12 879
total
-
-
-
33 232
Employee
23 714
-
61 491
-
other
23
-
46
-
unemployment
367
-
705
-
pensions
1 114
-
2 139
-
income
4 953
-
17 893
-
total
6 457
-
20 783
-
Employer
23 714
-
61 491
-
pensions
5 596
-
10 741
-
accident
470
-
901
-
unemployment
1 304
-
2 503
-
other
190
-
364
-
total
7 560
-
14 509
-
Corporate
44 726
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.

6 709
11 400
-
-
total
6 709
11 400
-
-
Dividends
38 017
64 600
-
-
withholding
7 872
13 815
-
-
total
7 872
13 815
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 598
25 215
35 292
33 232
After tax
47 402
50 785
40 708
42 768
Living cost
17 256
17 256
17 256
17 256
Free-cash
30 146
33 529
23 452
25 512

Estimated living cost  is ₴17256 per week

₴12393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1342
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.
₴3279
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
₴56533
₴54440
₴51572
₴53539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
69
health
-
-
-
1 973
pensions

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

-
-
-
2 539
total
-
-
-
15 981
Employee
11 186
-
72 635
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

982
-
1 506
-
income
1 119
-
7 263
-
health
515
-
789
-
total
2 739
-
9 747
-
Employer
11 186
-
72 635
-
health
772
-
1 184
-
pensions

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

1 233
-
1 890
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
unemployment
67
-
103
-
total
2 195
-
3 366
-
Corporate
62 620
76 000
-
-
income
6 262
7 600
-
-
total
6 262
7 600
-
-
Dividends
56 358
68 400
-
-
withholding
2 818
3 420
-
-
total
2 818
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 014
11 020
13 113
15 981
After tax
61 986
64 980
62 887
60 019
Living cost
8 447
8 447
8 447
8 447
Free-cash
53 539
56 533
54 440
51 572

Estimated living cost  is ₴8447 per week

₴5587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2176
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
₴20173
₴30132
₴22502
₴26597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 329
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.

-
-
-
1 228
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.

-
-
-
3 354
trade
-
-
-
7 630
total
-
-
-
34 541
Employee

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

24 431
-
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.

111
-
1 228
-
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.

2 009
-
22 329
-
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.

3 354
-
3 354
-
total
5 474
-
26 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 569
76 000
-
-
income
7 736
11 400
-
-
surtax

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

426
627
-
-
chamber of commerce
150
186
-
-
trade
7 400
10 906
-
-
total
15 712
23 119
-
-
Dividends
35 857
52 881
-
-
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.

483
717
-
-
withholding
8 777
13 034
-
-
total
9 260
13 751
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 446
36 870
26 911
34 541
After tax
45 554
39 130
49 089
41 459
Living cost
18 957
18 957
18 957
18 957
Free-cash
26 597
20 173
30 132
22 502

Estimated living cost  is ₴18957 per week

₴13077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3565
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
₴25230
₴13308
₴13308
₴26315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
22 285
social contributions
-
-
-
12 437
total
-
-
-
34 722
Employee
38 408
-
76 000
-
income
7 247
-
22 285
-
social contributions
3 191
-
12 437
-
total
10 438
-
34 722
-
Employer
38 408
-
76 000
-
total
-
-
-
-
Corporate
37 592
76 000
-
-
income
4 699
9 500
-
-
total
4 699
9 500
-
-
Dividends
32 893
66 500
-
-
withholding
6 578
13 300
-
-
total
6 578
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 715
22 800
34 722
34 722
After tax
54 285
53 200
41 278
41 278
Living cost
27 970
27 970
27 970
27 970
Free-cash
26 315
25 230
13 308
13 308

Estimated living cost  is ₴27970 per week

₴21279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2279
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.
₴4145
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
₴28982
₴36852
₴41219
₴30697
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
-
-
-
13 977
health

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

-
-
-
2 980
total
-
-
-
16 957
Employee
22 525
-
73 741
-
income
2 444
-
16 806
-
social contributions
2 257
-
2 259
-
total
4 701
-
19 065
-
Employer
22 525
-
73 741
-
social contributions
2 257
-
2 259
-
total
2 257
-
2 259
-
Corporate
51 219
76 000
-
-
income
17 927
26 600
-
-
total
17 927
26 600
-
-
Dividends
33 292
49 400
-
-
social contributions
2 594
2 594
-
-
total
2 594
2 594
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 479
29 194
21 324
16 957
After tax
48 521
46 806
54 676
59 043
Living cost
17 824
17 824
17 824
17 824
Free-cash
30 697
28 982
36 852
41 219

Estimated living cost  is ₴17824 per week

₴11740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4405
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
₴32673
₴26054
₴32989
₴35570
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
-
-
-
20 640
pensions
-
-
-
4 198
total
-
-
-
24 838
Employee
24 944
-
66 485
-
pensions
1 904
-
5 238
-
income
4 543
-
16 017
-
health
325
-
1 003
-
total
6 772
-
22 258
-
Employer
24 944
-
66 485
-
health
474
-
1 263
-
pensions
2 520
-
8 252
-
total
2 994
-
9 515
-
Corporate
48 061
76 000
-
-
income

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

9 132
14 440
-
-
total
9 132
14 440
-
-
Dividends
38 930
61 560
-
-
withholding
3 359
10 714
-
-
total
3 359
10 714
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 257
25 154
31 773
24 838
After tax
53 743
50 846
44 227
51 162
Living cost
18 173
18 173
18 173
18 173
Free-cash
35 570
32 673
26 054
32 989

Estimated living cost  is ₴18173 per week

₴12466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3807
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
-₴5699
₴29017
₴40141
₴4338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
126
income
-
-
-
20 538
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
24 004
Employee
18 648
-
67 727
-
pensions
2 100
-
3 797
-
income
2 558
-
15 303
-
health
2 135
-
7 755
-
total
6 793
-
26 855
-
Employer
18 648
-
67 727
-
pensions
3 032
-
5 483
-
accident
311
-
1 131
-
unemployment
457
-
1 659
-
total
3 800
-
8 273
-
Corporate
53 551
76 000
-
-
income

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

48 196
68 400
-
-
total
48 196
68 400
-
-
Dividends
5 355
7 600
-
-
withholding
1 018
1 444
-
-
total
1 018
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 807
69 844
35 128
24 004
After tax
16 193
6 156
40 872
51 996
Living cost
11 855
11 855
11 855
11 855
Free-cash
4 338
-5 699
29 017
40 141

Estimated living cost  is ₴11855 per week

₴8700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴57320
₴46196
₴36095
₴55021
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
-
-
-
12 371
unemployment
-
-
-
912
work injury
-
-
-
380
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
total
-
-
-
33 271
Employee

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

10 615
-
76 000
-
health insurance
786
-
2 906
-
unemployment
127
-
471
-
work injury
53
-
196
-
pensions
1 953
-
7 226
-
income
1 062
-
12 371
-
total
3 981
-
23 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 385
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%.

654
760
-
-
total
654
760
-
-
Dividends
64 731
75 240
-
-
withholding
9 710
11 286
-
-
total
9 710
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 345
12 046
23 170
33 271
After tax
61 655
63 954
52 830
42 729
Living cost
6 634
6 634
6 634
6 634
Free-cash
55 021
57 320
46 196
36 095

Estimated living cost  is ₴6634 per week

₴4110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴1835
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
₴20471
₴13118
₴16476
₴18236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 729
municipal
-
-
-
508
national
-
-
-
18 179
total
-
-
-
39 963
Employee
41 376
-
76 000
-
municipal
247
-
454
-
national
6 992
-
15 713
-
regional
625
-
1 527
-
social contributions
13 952
-
25 627
-
total
21 816
-
43 321
-
Employer
41 376
-
76 000
-
total
-
-
-
-
Corporate
34 624
76 000
-
-
municipal
1 669
3 663
-
-
nationa
8 310
18 240
-
-
total
9 979
21 903
-
-
Dividends
24 646
54 097
-
-
withholding
6 408
14 065
-
-
total
6 408
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 203
35 968
43 321
39 963
After tax
37 797
40 032
32 679
36 037
Living cost
19 561
19 561
19 561
19 561
Free-cash
18 236
20 471
13 118
16 476

Estimated living cost  is ₴19561 per week

₴13740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
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.
₴4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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