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
₴28713
₴23170
₴34047
₴25748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
trade
-
-
-
8 299
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.

-
-
-
22 129
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.

-
-
-
3 424
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.

-
-
-
1 218
total
-
-
-
35 070
Employee

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

19 172
-
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
-
1 218
-
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.

3 424
-
3 424
-
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.

536
-
22 129
-
total
3 989
-
26 771
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 828
76 000
-
-
trade
8 951
11 970
-
-
income
8 525
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.

469
627
-
-
chamber of commerce
158
185
-
-
total
18 103
24 182
-
-
Dividends
38 726
51 817
-
-
withholding
9 491
12 764
-
-
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.

522
702
-
-
total
10 013
13 466
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 105
37 648
26 771
35 070
After tax
43 895
38 352
49 229
40 930
Living cost
15 182
15 182
15 182
15 182
Free-cash
28 713
23 170
34 047
25 748

Estimated living cost  is ₴15182 per week

₴9550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3578
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
₴21247
₴21676
₴19927
₴19331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
817
pensions
-
-
-
9 120
municipal
-
-
-
8 230
national
-
-
-
12 754
total
-
-
-
30 921
Employee
39 914
-
65 701
-
national
7 640
-
13 210
-
municipal
4 930
-
8 525
-
pensions
1 597
-
2 628
-
total
14 167
-
24 363
-
Employer
39 914
-
65 701
-
pensions
3 193
-
5 256
-
social contributions
429
-
706
-
total
3 622
-
5 962
-
Corporate
29 829
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%.

5 966
15 200
-
-
total
5 966
15 200
-
-
Dividends
23 863
60 800
-
-
withholding
5 250
13 376
-
-
total
5 250
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 005
28 576
30 325
30 921
After tax
46 995
47 424
45 675
45 079
Living cost
25 748
25 748
25 748
25 748
Free-cash
21 247
21 676
19 927
19 331

Estimated living cost  is ₴25748 per week

₴17501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴385
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.
₴5469
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
₴46261
₴50372
₴35753
₴14495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 000
social contributions

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

-
-
-
19 205
income
-
-
-
12 492
microenterprise
-
-
-
-
surtax
-
-
-
19 380
total
-
-
-
51 077
Employee
14 647
-
54 699
-
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.

1 611
-
6 016
-
income
2 607
-
10 626
-
total
4 218
-
16 642
-
Employer
14 647
-
54 699
-
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.

3 528
-
13 177
-
surtax
-
-
-
-
total
3 528
-
13 177
-
Corporate
57 825
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%.

11 565
15 200
-
-
total
11 565
15 200
-
-
Dividends

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

46 261
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 311
15 200
29 819
51 077
After tax
56 689
60 800
46 181
24 923
Living cost
10 428
10 428
10 428
10 428
Free-cash
46 261
50 372
35 753
14 495

Estimated living cost  is ₴10428 per week

₴6653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴993
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.
₴2545
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
₴13376
₴16447
₴25150
₴21815
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
-
-
-
21 133
pensions
-
-
-
5 873
health
-
-
-
6 181
total
-
-
-
33 187
Employee
42 804
42 804
66 685
-
health
6 570
5 588
6 181
-
pensions
7 705
5 873
5 873
-
income

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

7 006
7 006
8 483
-
total
21 281
18 467
20 537
-
Employer
42 804
42 804
66 685
-
pensions
2 979
2 979
3 703
-
unemployment
1 541
1 541
1 915
-
health
2 975
2 975
3 697
-
total
7 495
7 495
9 315
-
Corporate
26 225
25 700
-
-
income
5 245
5 140
-
-
total
5 245
5 140
-
-
Dividends
20 980
20 560
-
-
withholding
3 147
3 084
-
-
income
4 458
4 369
-
-
total
7 605
7 453
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 626
38 555
29 852
33 187
After tax
34 374
37 445
46 148
42 813
Living cost
20 998
20 998
20 998
20 998
Free-cash
13 376
16 447
25 150
21 815

Estimated living cost  is ₴20998 per week

₴14881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴334
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.
₴3890
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
₴20357
₴20822
₴18792
₴19294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
5 265
unemployment
-
-
-
45
pensions
-
-
-
4 898
municipal
-
-
-
18 749
accident
-
-
-
91
national
-
-
-
4 157
health
-
-
-
2 827
total
-
-
-
36 032
Employee
29 459
-
61 763
-
national
-
-
3 879
-
municipal
8 785
-
18 418
-
total
8 785
-
22 297
-
Employer
29 459
-
61 763
-
other
3 423
-
5 265
-
accident
59
-
91
-
pensions
3 184
-
4 898
-
unemployment
778
-
1 196
-
health
1 812
-
2 787
-
total
9 256
-
14 237
-
Corporate
37 285
76 000
-
-
income
8 203
16 720
-
-
total
8 203
16 720
-
-
Dividends
29 082
59 280
-
-
withholding
8 725
17 784
-
-
total
8 725
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 969
34 504
36 534
36 032
After tax
41 031
41 496
39 466
39 968
Living cost
20 674
20 674
20 674
20 674
Free-cash
20 357
20 822
18 792
19 294

Estimated living cost  is ₴20674 per week

₴13702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴25314
₴18270
₴29538
₴20870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
trade
-
-
-
8 668
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.

-
-
-
22 129
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.

-
-
-
3 424
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.

-
-
-
1 218
total
-
-
-
35 439
Employee

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

25 419
-
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.

120
-
1 218
-
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.

3 424
-
3 424
-
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.

2 184
-
22 129
-
total
5 728
-
26 771
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 581
76 000
-
-
trade
8 320
12 502
-
-
income
7 587
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.

418
627
-
-
chamber of commerce
148
185
-
-
total
16 473
24 714
-
-
Dividends
34 108
51 287
-
-
withholding
8 336
12 631
-
-
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.

458
694
-
-
total
8 794
13 325
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 995
38 039
26 771
35 439
After tax
45 005
37 961
49 229
40 561
Living cost
19 691
19 691
19 691
19 691
Free-cash
25 314
18 270
29 538
20 870

Estimated living cost  is ₴19691 per week

₴13169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4151
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
₴37146
₴39225
₴35600
₴36304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
8 110
income
-
-
-
13 390
health
-
-
-
1 938
total
-
-
-
23 438
Employee
38 543
38 543
70 383
-
health
383
655
1 197
-
social contributions
1 873
3 199
4 315
-
income
4 047
3 568
13 013
-
total
6 303
7 422
18 525
-
Employer
38 543
38 543
70 383
-
social contributions
1 873
3 199
4 315
-
health
418
713
1 302
-
total
2 291
3 912
5 617
-
Corporate
51 148
33 544
-
-
income
6 393
4 193
-
-
total
6 393
4 193
-
-
Dividends
44 755
29 351
-
-
withholding
7 609
4 990
-
-
total
7 609
4 990
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 596
20 517
24 142
23 438
After tax
53 404
55 483
51 858
52 562
Living cost
16 258
16 258
16 258
16 258
Free-cash
37 146
39 225
35 600
36 304

Estimated living cost  is ₴16258 per week

₴11114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1270
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.
₴3601
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
₴33642
₴33448
₴34784
₴43376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
unemployment
-
-
-
1 140
income
-
-
-
9 291
pensions
-
-
-
7 600
health
-
-
-
5 320
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.

13 386
5 327
63 598
-
unemployment
201
80
954
-
health
937
373
4 452
-
pensions
1 339
533
6 360
-
income
1 636
651
7 775
-
total
4 113
1 637
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.

13 386
5 327
63 598
-
pensions
2 610
1 039
12 402
-
total
2 610
1 039
12 402
-
Corporate
60 004
69 634
-
-
income
5 400
6 267
-
-
total
5 400
6 267
-
-
Dividends
54 603
63 367
-
-
withholding
10 375
12 040
-
-
social contributions
10 587
12 296
-
-
total
20 962
24 336
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 085
33 279
31 943
23 351
After tax
42 915
42 721
44 057
52 649
Living cost
9 273
9 273
9 273
9 273
Free-cash
33 642
33 448
34 784
43 376

Estimated living cost  is ₴9273 per week

₴6328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2001
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
₴45580
₴48693
₴31699
₴28629
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
pensions
-
-
-
15 200
health
-
-
-
9 880
total
-
-
-
35 264
Employee
14 220
-
56 801
-
unemployment
227
-
908
-
pensions
284
-
1 136
-
income
1 601
-
10 951
-
total
2 112
-
12 995
-
Employer
14 220
-
56 801
-
pensions
2 844
-
11 360
-
unemployment
114
-
455
-
health
1 848
-
7 384
-
total
4 806
-
19 199
-
Corporate
56 974
76 000
-
-
income
11 395
15 200
-
-
total
11 395
15 200
-
-
Dividends
45 580
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 313
15 200
32 194
35 264
After tax
57 687
60 800
43 806
40 736
Living cost
12 107
12 107
12 107
12 107
Free-cash
45 580
48 693
31 699
28 629

Estimated living cost  is ₴12107 per week

₴8304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴4427
-₴5120
₴29504
₴40729
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
-
-
-
190
income
-
-
-
20 425
pensions
-
-
-
2 133
accident
-
-
-
129
health
-
-
-
1 118
total
-
-
-
23 995
Employee
17 737
-
67 569
-
health
2 031
-
7 737
-
pensions
1 997
-
3 910
-
income
2 433
-
15 142
-
total
6 461
-
26 789
-
Employer
17 737
-
67 569
-
accident
296
-
1 128
-
pensions
2 884
-
5 647
-
unemployment
435
-
1 656
-
total
3 615
-
8 431
-
Corporate
54 648
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.

49 183
68 400
-
-
total
49 183
68 400
-
-
Dividends
5 465
7 600
-
-
withholding
1 038
1 444
-
-
total
1 038
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 297
69 844
35 220
23 995
After tax
15 703
6 156
40 780
52 005
Living cost
11 276
11 276
11 276
11 276
Free-cash
4 427
-5 120
29 504
40 729

Estimated living cost  is ₴11276 per week

₴8264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴625
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.
₴2152
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
₴67325
₴68094
₴56694
₴71134
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
5 133
-
76 000
-
income
1 026
-
15 200
-
total
1 026
-
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%.

70 867
76 000
-
-
total
-
-
-
-
Dividends
70 867
76 000
-
-
withholding
3 543
3 800
-
-
total
3 543
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 569
3 800
15 200
760
After tax
71 431
72 200
60 800
75 240
Living cost
4 106
4 106
4 106
4 106
Free-cash
67 325
68 094
56 694
71 134

Estimated living cost  is ₴4106 per week

₴2545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴113
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.
₴1107
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
₴39095
₴42482
₴30014
₴26870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
3 610
income
-
-
-
10 580
pensions

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

-
-
-
18 240
health
-
-
-
3 344
total
-
-
-
35 774
Employee
18 200
-
60 703
-
unemployment
182
-
607
-
health
255
-
849
-
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.

1 274
-
4 249
-
income
3 133
-
11 629
-
total
4 844
-
17 334
-
Employer
18 200
-
60 703
-
other
910
-
3 035
-
accident
146
-
486
-
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.

3 094
-
10 319
-
unemployment
182
-
607
-
health
255
-
849
-
total
4 587
-
15 296
-
Corporate
53 214
76 000
-
-
income
11 175
15 960
-
-
total
11 175
15 960
-
-
Dividends
42 039
60 040
-
-
withholding
2 943
4 202
-
-
total
2 943
4 202
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 549
20 162
32 630
35 774
After tax
52 451
55 838
43 370
40 226
Living cost
13 356
13 356
13 356
13 356
Free-cash
39 095
42 482
30 014
26 870

Estimated living cost  is ₴13356 per week

₴9437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴17171
₴17930
₴11282
₴18223
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
-
-
-
20 562
pensions
-
-
-
4 220
total
-
-
-
24 782
Employee
46 683
-
66 491
-
health
769
-
1 006
-
pensions
4 504
-
5 271
-
income
8 415
-
15 936
-
total
13 688
-
22 213
-
Employer
46 683
-
66 491
-
pensions
5 512
-
8 246
-
health
887
-
1 264
-
total
6 399
-
9 510
-
Corporate
22 919
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.

4 355
14 440
-
-
total
4 355
14 440
-
-
Dividends
18 564
61 560
-
-
withholding
1 392
10 635
-
-
total
1 392
10 635
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 834
25 075
31 723
24 782
After tax
50 166
50 925
44 277
51 218
Living cost
32 995
32 995
32 995
32 995
Free-cash
17 171
17 930
11 282
18 223

Estimated living cost  is ₴32995 per week

₴24724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4127
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
₴56081
₴58409
₴56202
₴53355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
unemployment
-
-
-
70
income
-
-
-
11 400
pensions

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

-
-
-
2 591
health
-
-
-
2 013
total
-
-
-
16 074
Employee
8 701
-
72 565
-
accident

We are using the highest rate at 1.1%.

96
-
193
-
health
400
-
805
-
pensions

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

764
-
1 537
-
income
870
-
7 257
-
total
2 130
-
9 792
-
Employer
8 701
-
72 565
-
accident

We are using the highest rate at 1.1%.

96
-
193
-
pensions

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

959
-
1 929
-
unemployment
52
-
105
-
health
601
-
1 208
-
total
1 708
-
3 435
-
Corporate
65 591
76 000
-
-
income
6 559
7 600
-
-
total
6 559
7 600
-
-
Dividends
59 032
68 400
-
-
withholding
2 951
3 420
-
-
total
2 951
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 348
11 020
13 227
16 074
After tax
62 652
64 980
62 773
59 926
Living cost
6 571
6 571
6 571
6 571
Free-cash
56 081
58 409
56 202
53 355

Estimated living cost  is ₴6571 per week

₴3836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2092
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
₴10910
₴9650
₴18353
₴15018
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
-
-
-
21 133
pensions
-
-
-
5 873
health
-
-
-
6 181
total
-
-
-
33 187
Employee
46 472
42 804
66 685
-
health
5 798
5 588
6 181
-
pensions
5 873
5 873
5 873
-
income

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

7 006
7 006
8 483
-
total
18 677
18 467
20 537
-
Employer
46 472
42 804
66 685
-
pensions
3 234
2 979
3 703
-
unemployment
1 673
1 541
1 915
-
health
3 229
2 975
3 697
-
total
8 136
7 495
9 315
-
Corporate
21 392
25 700
-
-
income
4 279
5 140
-
-
total
4 279
5 140
-
-
Dividends
17 113
20 560
-
-
withholding
2 567
3 084
-
-
income
3 636
4 369
-
-
total
6 203
7 453
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 295
38 555
29 852
33 187
After tax
38 705
37 445
46 148
42 813
Living cost
27 795
27 795
27 795
27 795
Free-cash
10 910
9 650
18 353
15 018

Estimated living cost  is ₴27795 per week

₴20503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4491
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
₴35434
₴39876
₴26117
₴28201
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
-
-
-
17 915
income
-
-
-
7 174
health
-
-
-
10 260
solidarity contribution
-
-
-
-
total
-
-
-
35 349
Employee
18 308
-
56 716
-
solidarity contribution
-
-
-
-
health
2 472
-
7 657
-
social contributions
1 190
-
3 687
-
income
2 197
-
6 806
-
total
5 859
-
18 150
-
Employer
18 308
-
56 716
-
social contributions
4 577
-
14 179
-
health
1 648
-
5 104
-
total
6 225
-
19 283
-
Corporate
51 467
76 000
-
-
income
9 779
14 440
-
-
total
9 779
14 440
-
-
Dividends
41 688
61 560
-
-
withholding
6 253
9 234
-
-
total
6 253
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 116
23 674
37 433
35 349
After tax
47 884
52 326
38 567
40 651
Living cost
12 450
12 450
12 450
12 450
Free-cash
35 434
39 876
26 117
28 201

Estimated living cost  is ₴12450 per week

₴8648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2672
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
₴16781
₴19398
₴12399
₴15890
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
regional
-
-
-
884
social contributions
-
-
-
19 547
municipal
-
-
-
452
national
-
-
-
18 076
total
-
-
-
38 959
Employee
44 548
-
76 000
-
national
7 719
-
15 641
-
regional
420
-
779
-
municipal
236
-
403
-
social contributions
15 021
-
25 627
-
total
23 396
-
42 450
-
Employer
44 548
-
76 000
-
total
-
-
-
-
Corporate
31 452
76 000
-
-
nationa
7 549
18 240
-
-
municipal
1 227
2 964
-
-
total
8 776
21 204
-
-
Dividends
22 677
54 796
-
-
withholding
5 896
14 247
-
-
total
5 896
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 068
35 451
42 450
38 959
After tax
37 932
40 549
33 550
37 041
Living cost
21 151
21 151
21 151
21 151
Free-cash
16 781
19 398
12 399
15 890

Estimated living cost  is ₴21151 per week

₴14744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4695
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
₴35184
₴36743
₴22569
₴25005
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
-
-
-
-
unemployment
-
-
-
114
income
-
-
-
18 952
pensions
-
-
-
13 380
health
-
-
-
4 749
surtax
-
-
-
2 739
total
-
-
-
39 934
Employee
16 576
-
62 784
-
surtax
54
-
2 354
-
unemployment
1 154
-
4 370
-
other
-
-
-
-
health
423
-
1 601
-
pensions
1 105
-
4 188
-
income
2 778
-
16 642
-
total
5 514
-
29 155
-
Employer
16 576
-
62 784
-
other
-
-
-
-
pensions
2 210
-
8 369
-
unemployment
525
-
1 990
-
health
754
-
2 856
-
total
3 489
-
13 215
-
Corporate
55 935
76 000
-
-
income
14 543
19 760
-
-
total
14 543
19 760
-
-
Dividends
41 392
56 240
-
-
withholding
6 209
8 436
-
-
total
6 209
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 755
28 196
42 370
39 934
After tax
46 245
47 804
33 630
36 066
Living cost
11 061
11 061
11 061
11 061
Free-cash
35 184
36 743
22 569
25 005

Estimated living cost  is ₴11061 per week

₴6763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1021
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.
₴3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴30520
₴28384
₴21736
₴28677
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
-
-
-
20 562
pensions
-
-
-
4 220
total
-
-
-
24 782
Employee
31 286
-
66 491
-
health
454
-
1 006
-
pensions
2 655
-
5 271
-
income
5 635
-
15 936
-
total
8 744
-
22 213
-
Employer
31 286
-
66 491
-
pensions
3 387
-
8 246
-
health
594
-
1 264
-
total
3 981
-
9 510
-
Corporate
40 733
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.

7 739
14 440
-
-
total
7 739
14 440
-
-
Dividends
32 994
61 560
-
-
withholding
2 475
10 635
-
-
total
2 475
10 635
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 939
25 075
31 723
24 782
After tax
53 061
50 925
44 277
51 218
Living cost
22 541
22 541
22 541
22 541
Free-cash
30 520
28 384
21 736
28 677

Estimated living cost  is ₴22541 per week

₴16888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3728
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
₴12004
-₴5011
₴18773
₴22464
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
city
-
-
-
801
regional
-
-
-
3 369
pensions
-
-
-
6 992
national
-
-
-
919
health
-
-
-
171
total
-
-
-
13 772
Employee
46 534
-
68 025
-
national
220
-
744
-
unemployment
-
-
-
-
city
499
-
731
-
regional
1 524
-
2 896
-
health
105
-
153
-
pensions
3 909
-
5 713
-
total
6 257
-
10 237
-
Employer
46 534
-
68 025
-
other

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

930
-
1 360
-
pensions
3 909
-
5 713
-
unemployment
-
-
-
-
health
105
-
153
-
total
4 944
-
7 226
-
Corporate
24 009
76 000
-
-
regional
5 078
16 074
-
-
national
2 041
6 460
-
-
total
7 119
22 534
-
-
Dividends
16 891
53 466
-
-
withholding
5 912
18 713
-
-
total
5 912
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 232
41 247
17 463
13 772
After tax
51 768
34 753
58 537
62 228
Living cost
39 764
39 764
39 764
39 764
Free-cash
12 004
-5 011
18 773
22 464

Estimated living cost  is ₴39764 per week

₴25858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴488
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.
₴9849
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
₴22738
₴14607
₴26267
₴17230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
trade
-
-
-
9 037
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.

-
-
-
22 129
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.

-
-
-
3 424
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.

-
-
-
1 218
total
-
-
-
35 808
Employee

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

30 124
-
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.

195
-
1 218
-
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.

3 424
-
3 424
-
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.

3 542
-
22 129
-
total
7 161
-
26 771
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 876
76 000
-
-
trade
7 867
13 034
-
-
income
6 881
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.

379
627
-
-
chamber of commerce
141
183
-
-
total
15 268
25 244
-
-
Dividends
30 608
50 756
-
-
withholding
7 461
12 499
-
-
surtax

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

410
688
-
-
total
7 871
13 187
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 300
38 431
26 771
35 808
After tax
45 700
37 569
49 229
40 192
Living cost
22 962
22 962
22 962
22 962
Free-cash
22 738
14 607
26 267
17 230

Estimated living cost  is ₴22962 per week

₴16771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4057
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
₴24115
₴21156
₴25989
₴25877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
income
-
-
-
10 898
pensions
-
-
-
14 724
health
-
-
-
2 830
surtax
-
-
-
-
total
-
-
-
32 974
Employee
21 453
-
59 577
-
surtax
-
-
-
-
pensions
2 426
-
3 829
-
social contributions
612
-
1 698
-
income
1 266
-
10 912
-
total
4 304
-
16 439
-
Employer
21 453
-
59 577
-
other
740
-
2 190
-
pensions
3 524
-
6 501
-
unemployment
868
-
2 413
-
social contributions
65
-
179
-
health
1 502
-
5 140
-
total
6 699
-
16 423
-
Corporate
47 848
76 000
-
-
income
13 398
21 280
-
-
surtax
-
-
-
-
total
13 398
21 280
-
-
Dividends
34 450
54 720
-
-
withholding
4 410
7 004
-
-
social contributions
5 925
9 411
-
-
surtax
-
-
-
-
total
10 335
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 736
37 695
32 862
32 974
After tax
41 264
38 305
43 138
43 026
Living cost
17 149
17 149
17 149
17 149
Free-cash
24 115
21 156
25 989
25 877

Estimated living cost  is ₴17149 per week

₴10813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4650
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
₴25639
₴22855
₴27688
₴27576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
income
-
-
-
10 898
pensions
-
-
-
14 724
health
-
-
-
2 830
surtax
-
-
-
-
total
-
-
-
32 974
Employee
19 149
-
59 577
-
surtax
-
-
-
-
pensions
2 166
-
3 829
-
social contributions
546
-
1 698
-
income
987
-
10 912
-
total
3 699
-
16 439
-
Employer
19 149
-
59 577
-
other
661
-
2 190
-
pensions
3 147
-
6 501
-
unemployment
775
-
2 413
-
social contributions
57
-
179
-
health
1 340
-
5 140
-
total
5 980
-
16 423
-
Corporate
50 870
76 000
-
-
income
14 243
21 280
-
-
surtax
-
-
-
-
total
14 243
21 280
-
-
Dividends
36 627
54 720
-
-
withholding
4 688
7 004
-
-
social contributions
6 301
9 411
-
-
surtax
-
-
-
-
total
10 989
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 911
37 695
32 862
32 974
After tax
41 089
38 305
43 138
43 026
Living cost
15 450
15 450
15 450
15 450
Free-cash
25 639
22 855
27 688
27 576

Estimated living cost  is ₴15450 per week

₴8960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
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.
₴4628
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
₴35998
₴35738
₴36972
₴38178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
10 488
income
-
-
-
11 400
health
-
-
-
5 305
total
-
-
-
27 193
Employee
16 995
-
76 000
-
health
1 186
-
5 305
-
social contributions
2 346
-
10 488
-
income
2 835
-
12 606
-
total
6 367
-
28 399
-
Employer
16 995
-
76 000
-
total
-
-
-
-
Corporate
59 005
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%.

2 951
3 800
-
-
total
2 951
3 800
-
-
Dividends
56 054
72 200
-
-
health
3 912
5 039
-
-
withholding
8 408
10 830
-
-
social contributions
7 735
9 964
-
-
total
20 055
25 833
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 373
29 633
28 399
27 193
After tax
46 627
46 367
47 601
48 807
Living cost
10 629
10 629
10 629
10 629
Free-cash
35 998
35 738
36 972
38 178

Estimated living cost  is ₴10629 per week

₴7113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴2615
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
₴23734
₴24507
₴2131
₴21312
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
chamber of commerce
-
-
-
304
unemployment
-
-
-
3 074
income
-
-
-
18 237
pensions
-
-
-
10 833
health
-
-
-
4 479
surtax
-
-
-
99
total
-
-
-
37 026
Employee
25 050
19 975
59 015
-
unemployment
751
599
1 757
-
other
250
200
586
-
health
969
773
2 266
-
pensions
2 565
2 045
5 996
-
income
2 852
1 473
14 339
-
total
7 387
5 090
24 944
-
Employer
25 050
19 975
59 015
-
payroll
751
599
1 770
-
other
1 190
948
2 799
-
accident
325
260
761
-
pensions
3 144
2 507
7 349
-
unemployment
751
599
1 757
-
chamber of commerce
100
80
236
-
surtax
99
99
99
-
health
946
755
2 213
-
total
7 306
5 847
16 984
-
Corporate
43 643
50 177
57 113
-
income

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

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

10 910
12 545
14 279
-
total
10 910
12 545
14 279
-
Dividends
32 733
37 632
-
-
withholding
9 001
10 349
-
-
total
9 001
10 349
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 604
33 831
56 207
37 026
After tax
41 396
42 169
19 793
38 974
Living cost
17 662
17 662
17 662
17 662
Free-cash
23 734
24 507
2 131
21 312

Estimated living cost  is ₴17662 per week

₴11780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4085
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
₴16737
₴24254
₴9167
₴14872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
11 862
national
-
-
-
27 141
communal

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

-
-
-
3 849
total
-
-
-
42 852
Employee

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

35 854
-
58 864
-
national
11 023
-
20 657
-
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.

312
-
512
-
health

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

1 685
-
2 767
-
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.

2 689
-
4 415
-
communal

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

1 870
-
3 070
-
total
17 579
-
31 421
-
Employer

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

35 854
-
58 864
-
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.

466
-
766
-
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.

3 177
-
5 215
-
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.

523
-
859
-
surtax
4 065
-
6 676
-
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.

2 205
-
3 620
-
total
10 436
-
17 136
-
Corporate
29 709
76 000
-
-
income
5 942
15 200
-
-
surtax
119
304
-
-
total
6 061
15 504
-
-
Dividends
23 648
60 495
-
-
withholding

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

6 911
17 966
-
-
total
6 911
17 966
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 987
33 470
48 557
42 852
After tax
35 013
42 530
27 443
33 148
Living cost
18 276
18 276
18 276
18 276
Free-cash
16 737
24 254
9 167
14 872

Estimated living cost  is ₴18276 per week

₴11772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1598
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.
₴4620
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
₴29053
₴32706
₴22583
₴24686
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
-
-
-
47
unemployment
-
-
-
325
income
-
-
-
19 273
pensions
-
-
-
13 148
accident
-
-
-
419
total
-
-
-
33 212
Employee
24 951
-
61 189
-
unemployment
387
-
720
-
other
25
-
47
-
pensions
1 173
-
2 184
-
income
5 264
-
17 552
-
total
6 849
-
20 503
-
Employer
24 951
-
61 189
-
other
199
-
372
-
accident
494
-
920
-
pensions
5 888
-
10 965
-
unemployment
1 373
-
2 555
-
total
7 954
-
14 812
-
Corporate
43 096
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.

6 464
11 400
-
-
total
6 464
11 400
-
-
Dividends
36 632
64 600
-
-
withholding
7 578
13 792
-
-
total
7 578
13 792
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 845
25 192
35 315
33 212
After tax
47 155
50 808
40 685
42 788
Living cost
18 102
18 102
18 102
18 102
Free-cash
29 053
32 706
22 583
24 686

Estimated living cost  is ₴18102 per week

₴13330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3226
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
₴12130
₴17910
₴14741
₴11710
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
-
-
-
11 105
pensions
-
-
-
11 392
accident
-
-
-
641
communal
-
-
-
4 804
health
-
-
-
5 340
surtax
-
-
-
3 768
total
-
-
-
37 050
Employee
37 959
-
67 888
-
surtax
2 327
-
4 161
-
health
1 689
-
3 020
-
pensions
3 036
-
5 431
-
income
3 666
-
13 295
-
total
10 718
-
25 907
-
Employer
37 959
-
67 888
-
accident
341
-
611
-
pensions
3 036
-
5 431
-
health
1 158
-
2 070
-
total
4 535
-
8 112
-
Corporate
33 506
76 000
-
-
income
5 026
11 400
-
-
communal
2 262
5 130
-
-
surtax
352
798
-
-
total
7 640
17 328
-
-
Dividends
25 866
58 672
-
-
withholding
3 880
8 801
-
-
income
9 857
4 721
-
-
total
13 737
13 522
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 630
30 850
34 019
37 050
After tax
39 370
45 150
41 981
38 950
Living cost
27 240
27 240
27 240
27 240
Free-cash
12 130
17 910
14 741
11 710

Estimated living cost  is ₴27240 per week

₴20434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1650
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.
₴4866
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
₴34949
₴36545
₴22371
₴24807
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
-
-
-
-
unemployment
-
-
-
114
income
-
-
-
18 952
pensions
-
-
-
13 380
health
-
-
-
4 749
surtax
-
-
-
2 739
total
-
-
-
39 934
Employee
16 880
-
62 784
-
surtax
60
-
2 354
-
unemployment
1 175
-
4 370
-
other
-
-
-
-
health
431
-
1 601
-
pensions
1 126
-
4 188
-
income
2 830
-
16 642
-
total
5 622
-
29 155
-
Employer
16 880
-
62 784
-
other
-
-
-
-
pensions
2 251
-
8 369
-
unemployment
536
-
1 990
-
health
768
-
2 856
-
total
3 555
-
13 215
-
Corporate
55 566
76 000
-
-
income
14 447
19 760
-
-
total
14 447
19 760
-
-
Dividends
41 119
56 240
-
-
withholding
6 168
8 436
-
-
total
6 168
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 792
28 196
42 370
39 934
After tax
46 208
47 804
33 630
36 066
Living cost
11 259
11 259
11 259
11 259
Free-cash
34 949
36 545
22 371
24 807

Estimated living cost  is ₴11259 per week

₴6797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3222
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
₴25334
₴26446
₴19804
₴23277
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
regional
-
-
-
1 146
social contributions
-
-
-
19 547
municipal
-
-
-
452
national
-
-
-
18 076
total
-
-
-
39 221
Employee
27 805
-
76 000
-
national
4 405
-
15 641
-
regional
374
-
1 023
-
municipal
147
-
403
-
social contributions
9 376
-
25 627
-
total
14 302
-
42 694
-
Employer
27 805
-
76 000
-
total
-
-
-
-
Corporate
48 195
76 000
-
-
nationa
11 567
18 240
-
-
municipal
2 395
3 777
-
-
total
13 962
22 017
-
-
Dividends
34 233
53 982
-
-
withholding
8 900
14 035
-
-
total
8 900
14 035
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 164
36 052
42 694
39 221
After tax
38 836
39 948
33 306
36 779
Living cost
13 502
13 502
13 502
13 502
Free-cash
25 334
26 446
19 804
23 277

Estimated living cost  is ₴13502 per week

₴8397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴3506
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
₴31513
₴36985
₴23226
₴25310
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
-
-
-
17 915
income
-
-
-
7 174
health
-
-
-
10 260
solidarity contribution
-
-
-
-
total
-
-
-
35 349
Employee
22 561
-
56 716
-
solidarity contribution
-
-
-
-
health
3 046
-
7 657
-
social contributions
1 466
-
3 687
-
income
2 707
-
6 806
-
total
7 219
-
18 150
-
Employer
22 561
-
56 716
-
social contributions
5 640
-
14 179
-
health
2 030
-
5 104
-
total
7 670
-
19 283
-
Corporate
45 769
76 000
-
-
income
8 696
14 440
-
-
total
8 696
14 440
-
-
Dividends
37 073
61 560
-
-
withholding
5 561
9 234
-
-
total
5 561
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 146
23 674
37 433
35 349
After tax
46 854
52 326
38 567
40 651
Living cost
15 341
15 341
15 341
15 341
Free-cash
31 513
36 985
23 226
25 310

Estimated living cost  is ₴15341 per week

₴11409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴2817
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
₴25982
₴26233
₴3833
₴23082
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
chamber of commerce
-
-
-
304
unemployment
-
-
-
3 074
income
-
-
-
18 237
pensions
-
-
-
10 833
health
-
-
-
4 479
surtax
-
-
-
-
total
-
-
-
36 927
Employee
21 911
19 975
59 108
-
unemployment
657
599
1 757
-
other
219
200
586
-
health
848
773
2 266
-
pensions
2 244
2 045
5 996
-
income
1 952
1 473
14 378
-
total
5 920
5 090
24 983
-
Employer
21 911
19 975
59 108
-
payroll
657
599
1 773
-
other
1 041
948
2 802
-
accident
284
260
761
-
pensions
2 750
2 507
7 349
-
unemployment
657
599
1 757
-
chamber of commerce
88
80
237
-
surtax
-
-
-
-
health
829
755
2 213
-
total
6 306
5 748
16 892
-
Corporate
47 784
50 276
57 205
-
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.

11 946
12 569
14 301
-
total
11 946
12 569
14 301
-
Dividends
35 837
37 706
-
-
withholding
9 855
10 369
-
-
total
9 855
10 369
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 027
33 776
56 176
36 927
After tax
41 973
42 224
19 824
39 073
Living cost
15 992
15 992
15 992
15 992
Free-cash
25 982
26 233
3 833
23 082

Estimated living cost  is ₴15992 per week

₴9593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4480
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
₴64601
₴65801
₴54401
₴68841
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
7 999
-
76 000
-
income
1 600
-
15 200
-
total
1 600
-
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%.

68 001
76 000
-
-
total
-
-
-
-
Dividends
68 001
76 000
-
-
withholding
3 400
3 800
-
-
total
3 400
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
5 000
3 800
15 200
760
After tax
71 000
72 200
60 800
75 240
Living cost
6 399
6 399
6 399
6 399
Free-cash
64 601
65 801
54 401
68 841

Estimated living cost  is ₴6399 per week

₴4330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1585
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
₴34689
₴38881
₴22286
₴24298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
76 000
unemployment
-
-
-
114
income
-
-
-
16 786
pensions
-
-
-
13 879
health
-
-
-
7 478
total
-
-
-
38 257
Employee

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

22 165
-
65 762
-
unemployment
31
-
92
-
health
1 432
-
4 248
-
pensions
3 436
-
10 193
-
income
3 822
-
15 499
-
total
8 721
-
30 032
-
Employer

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

22 165
-
65 762
-
pensions
1 961
-
5 819
-
unemployment
13
-
39
-
health
1 476
-
4 379
-
total
3 450
-
10 237
-
Corporate
50 384
76 000
-
-
income
9 573
14 440
-
-
total
9 573
14 440
-
-
Dividends
40 811
61 560
-
-
withholding
6 122
9 234
-
-
total
6 122
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 866
23 674
40 269
38 257
After tax
48 134
52 326
35 731
37 743
Living cost
13 445
13 445
13 445
13 445
Free-cash
34 689
38 881
22 286
24 298

Estimated living cost  is ₴13445 per week

₴9227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3096
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
₴1410
₴24915
₴48176
₴31199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
8 664
income
-
-
-
14 814
total
-
-
-
23 478
Employee
30 575
-
-
-
social contributions
2 507
-
357
-
income
6 744
-
-
-
total
9 251
-
357
-
Employer
30 575
-
-
-
social contributions
43 110
-
6 144
-
total
43 110
-
6 144
-
Corporate
2 315
76 000
-
-
income
509
16 720
-
-
total
509
16 720
-
-
Dividends
1 805
59 280
-
-
income
397
13 042
-
-
total
397
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 267
29 762
6 501
23 478
After tax
22 733
46 238
69 499
52 522
Living cost
21 323
21 323
21 323
21 323
Free-cash
1 410
24 915
48 176
31 199

Estimated living cost  is ₴21323 per week

₴13835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5211
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
₴27003
₴27507
₴20007
₴25411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
social contributions

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

-
-
-
26 410
income
-
-
-
8 457
surtax
-
-
-
-
total
-
-
-
34 867
Employee
23 053
-
61 414
-
surtax
-
-
-
-
social contributions
2 536
-
6 755
-
income
4 795
-
18 930
-
total
7 331
-
25 685
-
Employer
23 053
-
61 414
-
social contributions
5 475
-
14 586
-
total
5 475
-
14 586
-
Corporate
47 471
76 000
-
-
income
9 969
15 960
-
-
surtax
-
-
-
-
total
9 969
15 960
-
-
Dividends
37 503
60 040
-
-
withholding
10 500
16 811
-
-
total
10 500
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 275
32 771
40 271
34 867
After tax
42 725
43 229
35 729
41 133
Living cost
15 722
15 722
15 722
15 722
Free-cash
27 003
27 507
20 007
25 411

Estimated living cost  is ₴15722 per week

₴11764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2769
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
₴17542
₴14096
₴18929
₴18817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other
-
-
-
2 356
social contributions
-
-
-
2 166
income
-
-
-
10 898
pensions
-
-
-
14 724
health
-
-
-
2 830
surtax
-
-
-
-
total
-
-
-
32 974
Employee
31 394
-
59 577
-
surtax
-
-
-
-
pensions
3 551
-
3 829
-
social contributions
894
-
1 698
-
income
2 739
-
10 912
-
total
7 184
-
16 439
-
Employer
31 394
-
59 577
-
other
1 083
-
2 190
-
pensions
5 158
-
6 501
-
unemployment
1 272
-
2 413
-
social contributions
94
-
179
-
health
2 197
-
5 140
-
total
9 804
-
16 423
-
Corporate
34 801
76 000
-
-
income
9 744
21 280
-
-
surtax
-
-
-
-
total
9 744
21 280
-
-
Dividends
25 057
54 720
-
-
withholding
3 207
7 004
-
-
social contributions
4 310
9 411
-
-
surtax
-
-
-
-
total
7 517
16 415
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 249
37 695
32 862
32 974
After tax
41 751
38 305
43 138
43 026
Living cost
24 209
24 209
24 209
24 209
Free-cash
17 542
14 096
18 929
18 817

Estimated living cost  is ₴24209 per week

₴16385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5512
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
₴51649
₴53333
₴43348
₴41329
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
-
-
-
2 884
social contributions
-
-
-
16 720
total
-
-
-
19 604
Employee
16 114
-
65 801
-
social contributions
1 047
-
4 277
-
income
-
-
3 109
-
total
1 047
-
7 386
-
Employer
16 114
-
65 801
-
social contributions
2 498
-
10 199
-
total
2 498
-
10 199
-
Corporate
57 388
76 000
-
-
income
5 739
7 600
-
-
total
5 739
7 600
-
-
Dividends
51 649
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 284
7 600
17 585
19 604
After tax
66 716
68 400
58 415
56 396
Living cost
15 067
15 067
15 067
15 067
Free-cash
51 649
53 333
43 348
41 329

Estimated living cost  is ₴15067 per week

₴9742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3906
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
-₴33066
-₴33066
-₴33066
₴21418
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
pensions
-
-
-
434
municipal
-
-
-
15 470
labour market
-
-
-
6 045
national
-
-
-
8 525
total
-
-
-
30 474
Employee
101 755
101 755
101 755
-
national
12 431
12 431
12 431
-
municipal
21 668
21 668
21 668
-
labour market
8 129
8 129
8 129
-
pensions
145
145
145
-
total
42 373
42 373
42 373
-
Employer
101 755
101 755
101 755
-
municipal
21 703
21 703
21 703
-
pensions
289
289
289
-
national
12 453
12 453
12 453
-
labour market
8 140
8 140
8 140
-
total
42 585
42 585
42 585
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
84 958
84 958
84 958
30 474
After tax
-8 958
-8 958
-8 958
45 526
Living cost
24 108
24 108
24 108
24 108
Free-cash
-33 066
-33 066
-33 066
21 418

Estimated living cost  is ₴24108 per week

₴16500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴371
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.
₴5105
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
₴4453
-₴4953
₴29671
₴40896
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
-
-
-
190
income
-
-
-
20 425
pensions
-
-
-
2 133
accident
-
-
-
129
health
-
-
-
1 118
total
-
-
-
23 995
Employee
17 476
-
67 569
-
health
2 001
-
7 737
-
pensions
1 968
-
3 910
-
income
2 397
-
15 142
-
total
6 366
-
26 789
-
Employer
17 476
-
67 569
-
accident
292
-
1 128
-
pensions
2 842
-
5 647
-
unemployment
428
-
1 656
-
total
3 562
-
8 431
-
Corporate
54 963
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.

49 466
68 400
-
-
total
49 466
68 400
-
-
Dividends
5 496
7 600
-
-
withholding
1 044
1 444
-
-
total
1 044
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 438
69 844
35 220
23 995
After tax
15 562
6 156
40 780
52 005
Living cost
11 109
11 109
11 109
11 109
Free-cash
4 453
-4 953
29 671
40 896

Estimated living cost  is ₴11109 per week

₴8086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2181
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
₴30106
₴29143
₴21404
₴31562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
76 000
municipal
-
-
-
13 507
national
-
-
-
10 726
health
-
-
-
961
total
-
-
-
25 194
Employee
26 372
-
63 935
-
national
436
-
6 816
-
unemployment
396
-
959
-
health
197
-
775
-
municipal
4 319
-
10 420
-
pensions
1 780
-
4 316
-
total
7 128
-
23 286
-
Employer
26 372
-
63 935
-
accident
27
-
64
-
pensions
4 575
-
11 093
-
unemployment
171
-
416
-
health
203
-
493
-
total
4 976
-
12 066
-
Corporate
44 653
76 000
-
-
income
8 931
15 200
-
-
total
8 931
15 200
-
-
Dividends

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

26 791
45 600
-
-
municipal
4 823
8 208
-
-
national
792
4 205
-
-
total
5 615
12 413
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 650
27 613
35 352
25 194
After tax
49 350
48 387
40 648
50 806
Living cost
19 244
19 244
19 244
19 244
Free-cash
30 106
29 143
21 404
31 562

Estimated living cost  is ₴19244 per week

₴12570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4517
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
₴41149
₴43878
₴40253
₴40957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
8 110
income
-
-
-
13 390
health
-
-
-
1 938
total
-
-
-
23 438
Employee
38 543
38 543
70 383
-
health
299
655
1 197
-
social contributions
1 457
3 199
4 315
-
income
4 197
3 568
13 013
-
total
5 953
7 422
18 525
-
Employer
38 543
38 543
70 383
-
social contributions
1 457
3 199
4 315
-
health
324
713
1 302
-
total
1 781
3 912
5 617
-
Corporate
56 661
33 544
-
-
income
7 083
4 193
-
-
total
7 083
4 193
-
-
Dividends
49 578
29 351
-
-
withholding
8 429
4 990
-
-
total
8 429
4 990
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 246
20 517
24 142
23 438
After tax
52 754
55 483
51 858
52 562
Living cost
11 605
11 605
11 605
11 605
Free-cash
41 149
43 878
40 253
40 957

Estimated living cost  is ₴11605 per week

₴6955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1139
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.
₴3255
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
₴52427
₴54977
₴45340
₴55395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 000
unemployment
-
-
-
14
income
-
-
-
7 631
pensions
-
-
-
3 188
health
-
-
-
1 814
total
-
-
-
12 647
Employee

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

11 505
-
71 101
-
unemployment
57
-
238
-
health
978
-
4 043
-
pensions
1 725
-
7 134
-
income
787
-
6 388
-
total
3 547
-
17 803
-
Employer

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

11 505
-
71 101
-
pensions
633
-
2 616
-
unemployment
57
-
238
-
health
495
-
2 045
-
total
1 185
-
4 899
-
Corporate
63 310
76 000
-
-
income
5 698
6 840
-
-
total
5 698
6 840
-
-
Dividends
57 613
69 160
-
-
withholding
5 185
6 225
-
-
total
5 185
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 615
13 065
22 702
12 647
After tax
60 385
62 935
53 298
63 353
Living cost
7 958
7 958
7 958
7 958
Free-cash
52 427
54 977
45 340
55 395

Estimated living cost  is ₴7958 per week

₴5078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
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.
₴2070
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
₴34736
₴37024
₴26901
₴29004
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
-
-
-
47
unemployment
-
-
-
325
income
-
-
-
19 273
pensions
-
-
-
13 148
accident
-
-
-
419
total
-
-
-
33 212
Employee
18 534
-
61 189
-
unemployment
287
-
720
-
other
18
-
47
-
pensions
871
-
2 184
-
income
3 573
-
17 552
-
total
4 749
-
20 503
-
Employer
18 534
-
61 189
-
other
148
-
372
-
accident
367
-
920
-
pensions
4 374
-
10 965
-
unemployment
1 020
-
2 555
-
total
5 909
-
14 812
-
Corporate
51 557
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.

7 733
11 400
-
-
total
7 733
11 400
-
-
Dividends
43 824
64 600
-
-
withholding
9 089
13 792
-
-
total
9 089
13 792
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 480
25 192
35 315
33 212
After tax
48 520
50 808
40 685
42 788
Living cost
13 784
13 784
13 784
13 784
Free-cash
34 736
37 024
26 901
29 004

Estimated living cost  is ₴13784 per week

₴9304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2914
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
₴46319
₴46474
₴47825
₴47892
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
-
-
-
25 963
pensions
-
-
-
693
health
-
-
-
502
total
-
-
-
27 158
Employee
1 447
-
75 221
-
unemployment
14
-
35
-
health
72
-
173
-
pensions
130
-
312
-
income
280
-
25 926
-
total
496
-
26 446
-
Employer
1 447
-
75 221
-
pensions
159
-
381
-
unemployment
29
-
69
-
health
137
-
329
-
total
325
-
779
-
Corporate
74 228
76 000
-
-
income
16 330
16 720
-
-
total
16 330
16 720
-
-
Dividends
57 898
59 280
-
-
withholding
11 580
11 856
-
-
total
11 580
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 731
28 576
27 225
27 158
After tax
47 269
47 424
48 775
48 842
Living cost
950
950
950
950
Free-cash
46 319
46 474
47 825
47 892

Estimated living cost  is ₴950 per week

₴564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴43794
₴46257
₴36461
₴36459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 000
unemployment
-
-
-
555
income
-
-
-
16 910
pensions
-
-
-
9 614
health
-
-
-
3 809
total
-
-
-
30 888
Employee

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

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

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

13 048
-
69 381
-
unemployment
98
-
277
-
health
672
-
1 904
-
pensions
1 827
-
5 177
-
income
1 798
-
16 910
-
total
4 395
-
24 268
-
Employer

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

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

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

13 048
-
69 381
-
pensions
1 566
-
4 437
-
unemployment
98
-
277
-
health
672
-
1 904
-
total
2 336
-
6 618
-
Corporate
60 617
76 000
-
-
income
9 093
11 400
-
-
total
9 093
11 400
-
-
Dividends
51 524
64 600
-
-
withholding
7 729
9 690
-
-
total
7 729
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 553
21 090
30 886
30 888
After tax
52 447
54 910
45 114
45 112
Living cost
8 653
8 653
8 653
8 653
Free-cash
43 794
46 257
36 461
36 459

Estimated living cost  is ₴8653 per week

₴5826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴669
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.
₴1907
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
₴29535
₴29716
₴22216
₴27620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
social contributions

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

-
-
-
26 410
income
-
-
-
8 457
surtax
-
-
-
-
total
-
-
-
34 867
Employee
19 454
-
61 414
-
surtax
-
-
-
-
social contributions
2 140
-
6 755
-
income
3 801
-
18 930
-
total
5 941
-
25 685
-
Employer
19 454
-
61 414
-
social contributions
4 620
-
14 586
-
total
4 620
-
14 586
-
Corporate
51 926
76 000
-
-
income
10 905
15 960
-
-
surtax
-
-
-
-
total
10 905
15 960
-
-
Dividends
41 021
60 040
-
-
withholding
11 486
16 811
-
-
total
11 486
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 952
32 771
40 271
34 867
After tax
43 048
43 229
35 729
41 133
Living cost
13 513
13 513
13 513
13 513
Free-cash
29 535
29 716
22 216
27 620

Estimated living cost  is ₴13513 per week

₴9571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴939
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.
₴2764
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
₴29709
₴33192
₴23069
₴25172
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
-
-
-
47
unemployment
-
-
-
325
income
-
-
-
19 273
pensions
-
-
-
13 148
accident
-
-
-
419
total
-
-
-
33 212
Employee
24 208
-
61 189
-
unemployment
375
-
720
-
other
24
-
47
-
pensions
1 138
-
2 184
-
income
5 056
-
17 552
-
total
6 593
-
20 503
-
Employer
24 208
-
61 189
-
other
194
-
372
-
accident
479
-
920
-
pensions
5 713
-
10 965
-
unemployment
1 332
-
2 555
-
total
7 718
-
14 812
-
Corporate
44 074
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.

6 611
11 400
-
-
total
6 611
11 400
-
-
Dividends
37 463
64 600
-
-
withholding
7 753
13 792
-
-
total
7 753
13 792
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 675
25 192
35 315
33 212
After tax
47 325
50 808
40 685
42 788
Living cost
17 616
17 616
17 616
17 616
Free-cash
29 709
33 192
23 069
25 172

Estimated living cost  is ₴17616 per week

₴12651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴53304
₴56358
₴54151
₴51304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
unemployment
-
-
-
70
income
-
-
-
11 400
pensions

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

-
-
-
2 591
health
-
-
-
2 013
total
-
-
-
16 074
Employee
11 417
-
72 565
-
accident

We are using the highest rate at 1.1%.

125
-
193
-
health
525
-
805
-
pensions

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

1 002
-
1 537
-
income
1 142
-
7 257
-
total
2 794
-
9 792
-
Employer
11 417
-
72 565
-
accident

We are using the highest rate at 1.1%.

125
-
193
-
pensions

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

1 258
-
1 929
-
unemployment
69
-
105
-
health
788
-
1 208
-
total
2 240
-
3 435
-
Corporate
62 343
76 000
-
-
income
6 234
7 600
-
-
total
6 234
7 600
-
-
Dividends
56 109
68 400
-
-
withholding
2 806
3 420
-
-
total
2 806
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 074
11 020
13 227
16 074
After tax
61 926
64 980
62 773
59 926
Living cost
8 622
8 622
8 622
8 622
Free-cash
53 304
56 358
54 151
51 304

Estimated living cost  is ₴8622 per week

₴5702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2220
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
₴26339
₴19782
₴29877
₴22315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
trade
-
-
-
7 562
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.

-
-
-
22 129
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.

-
-
-
3 424
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.

-
-
-
1 218
total
-
-
-
34 333
Employee

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

24 940
-
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.

113
-
1 218
-
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.

3 424
-
3 424
-
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.

2 051
-
22 129
-
total
5 588
-
26 771
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 060
76 000
-
-
trade
7 327
10 906
-
-
income
7 659
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
151
187
-
-
total
15 558
23 120
-
-
Dividends
35 501
52 880
-
-
withholding
8 685
13 030
-
-
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.

478
716
-
-
total
9 163
13 746
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 309
36 866
26 771
34 333
After tax
45 691
39 134
49 229
41 667
Living cost
19 352
19 352
19 352
19 352
Free-cash
26 339
19 782
29 877
22 315

Estimated living cost  is ₴19352 per week

₴13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴3639
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
₴25754
₴24647
₴12937
₴12937
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
-
-
-
12 395
income
-
-
-
22 115
total
-
-
-
34 510
Employee
39 209
-
76 000
-
social contributions
3 257
-
12 395
-
income
7 398
-
22 115
-
total
10 655
-
34 510
-
Employer
39 209
-
76 000
-
total
-
-
-
-
Corporate
36 791
76 000
-
-
income
4 599
9 500
-
-
total
4 599
9 500
-
-
Dividends
32 192
66 500
-
-
withholding
6 439
13 300
-
-
total
6 439
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 693
22 800
34 510
34 510
After tax
54 307
53 200
41 490
41 490
Living cost
28 553
28 553
28 553
28 553
Free-cash
25 754
24 647
12 937
12 937

Estimated living cost  is ₴28553 per week

₴21723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2327
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.
₴4231
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
₴30308
₴28557
₴36592
₴40483
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
health

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

-
-
-
3 054
income
-
-
-
14 268
total
-
-
-
17 322
Employee
22 994
-
73 694
-
social contributions
2 304
-
2 306
-
income
2 495
-
16 601
-
total
4 799
-
18 907
-
Employer
22 994
-
73 694
-
social contributions
2 304
-
2 306
-
total
2 304
-
2 306
-
Corporate
50 702
76 000
-
-
income
17 746
26 600
-
-
total
17 746
26 600
-
-
Dividends
32 956
49 400
-
-
social contributions
2 648
2 648
-
-
total
2 648
2 648
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 497
29 248
21 213
17 322
After tax
48 503
46 752
54 787
58 678
Living cost
18 195
18 195
18 195
18 195
Free-cash
30 308
28 557
36 592
40 483

Estimated living cost  is ₴18195 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴4496
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
₴35521
₴32600
₴25952
₴32893
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
-
-
-
20 562
pensions
-
-
-
4 220
total
-
-
-
24 782
Employee
25 154
-
66 491
-
health
328
-
1 006
-
pensions
1 920
-
5 271
-
income
4 581
-
15 936
-
total
6 829
-
22 213
-
Employer
25 154
-
66 491
-
pensions
2 541
-
8 246
-
health
478
-
1 264
-
total
3 019
-
9 510
-
Corporate
47 826
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.

9 087
14 440
-
-
total
9 087
14 440
-
-
Dividends
38 740
61 560
-
-
withholding
3 219
10 635
-
-
total
3 219
10 635
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 154
25 075
31 723
24 782
After tax
53 846
50 925
44 277
51 218
Living cost
18 325
18 325
18 325
18 325
Free-cash
35 521
32 600
25 952
32 893

Estimated living cost  is ₴18325 per week

₴12571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1685
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.
₴3839
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
₴4283
-₴6053
₴28571
₴39796
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
-
-
-
190
income
-
-
-
20 425
pensions
-
-
-
2 133
accident
-
-
-
129
health
-
-
-
1 118
total
-
-
-
23 995
Employee
19 206
-
67 569
-
health
2 199
-
7 737
-
pensions
2 163
-
3 910
-
income
2 635
-
15 142
-
total
6 997
-
26 789
-
Employer
19 206
-
67 569
-
accident
321
-
1 128
-
pensions
3 123
-
5 647
-
unemployment
470
-
1 656
-
total
3 914
-
8 431
-
Corporate
52 880
76 000
-
-
income

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

47 592
68 400
-
-
total
47 592
68 400
-
-
Dividends
5 288
7 600
-
-
withholding
1 005
1 444
-
-
total
1 005
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 508
69 844
35 220
23 995
After tax
16 492
6 156
40 780
52 005
Living cost
12 209
12 209
12 209
12 209
Free-cash
4 283
-6 053
28 571
39 796

Estimated living cost  is ₴12209 per week

₴8960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2292
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
₴54840
₴57185
₴45867
₴35986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
unemployment
-
-
-
912
income
-
-
-
12 345
pensions
-
-
-
13 984
health insurance
-
-
-
5 624
work injury
-
-
-
380
total
-
-
-
33 245
Employee

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

10 831
-
76 000
-
health insurance
801
-
2 965
-
unemployment
130
-
481
-
work injury
54
-
200
-
pensions
1 993
-
7 373
-
income
1 083
-
12 345
-
total
4 061
-
23 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 169
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%.

652
760
-
-
total
652
760
-
-
Dividends
64 518
75 240
-
-
withholding
9 678
11 286
-
-
total
9 678
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 391
12 046
23 364
33 245
After tax
61 609
63 954
52 636
42 755
Living cost
6 769
6 769
6 769
6 769
Free-cash
54 840
57 185
45 867
35 986

Estimated living cost  is ₴6769 per week

₴4194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
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.
₴1873
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
₴17783
₴20064
₴12792
₴16174
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
regional
-
-
-
1 727
social contributions
-
-
-
19 547
municipal
-
-
-
508
national
-
-
-
18 076
total
-
-
-
39 858
Employee
42 238
-
76 000
-
national
7 138
-
15 641
-
regional
638
-
1 518
-
municipal
252
-
454
-
social contributions
14 242
-
25 627
-
total
22 270
-
43 240
-
Employer
42 238
-
76 000
-
total
-
-
-
-
Corporate
33 762
76 000
-
-
nationa
8 103
18 240
-
-
municipal
1 628
3 663
-
-
total
9 731
21 903
-
-
Dividends
24 031
54 097
-
-
withholding
6 248
14 065
-
-
total
6 248
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 249
35 968
43 240
39 858
After tax
37 751
40 032
32 760
36 142
Living cost
19 968
19 968
19 968
19 968
Free-cash
17 783
20 064
12 792
16 174

Estimated living cost  is ₴19968 per week

₴14026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4266
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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