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
₴23231
₴34082
₴25767
₴28754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 169
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.

-
-
-
1 219
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.

-
-
-
3 410
trade
-
-
-
8 315
total
-
-
-
35 113
Employee

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

19 093
-
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
-
1 219
-
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.

533
-
22 169
-
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.

3 410
-
3 410
-
total
3 972
-
26 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 907
76 000
-
-
income
8 536
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.

470
627
-
-
chamber of commerce
157
185
-
-
trade
8 963
11 970
-
-
total
18 126
24 182
-
-
Dividends
38 781
51 818
-
-
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.

523
702
-
-
withholding
9 505
12 765
-
-
total
10 028
13 467
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 126
37 649
26 798
35 113
After tax
43 874
38 351
49 202
40 887
Living cost
15 120
15 120
15 120
15 120
Free-cash
28 754
23 231
34 082
25 767

Estimated living cost  is ₴15120 per week

₴9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20912
₴19212
₴18614
₴20471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
817
municipal
-
-
-
8 212
national
-
-
-
12 725
pensions
-
-
-
9 120
total
-
-
-
30 874
Employee
41 099
-
65 701
-
municipal
5 076
-
8 506
-
pensions
1 644
-
2 628
-
national
7 866
-
13 180
-
total
14 586
-
24 314
-
Employer
41 099
-
65 701
-
pensions
3 288
-
5 256
-
social contributions
442
-
706
-
total
3 730
-
5 962
-
Corporate
28 459
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%.

5 692
15 200
-
-
total
5 692
15 200
-
-
Dividends
22 767
60 800
-
-
withholding
5 009
13 376
-
-
total
5 009
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 017
28 576
30 276
30 874
After tax
46 983
47 424
45 724
45 126
Living cost
26 512
26 512
26 512
26 512
Free-cash
20 471
20 912
19 212
18 614

Estimated living cost  is ₴26512 per week

₴18020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴50415
₴35760
₴14597
₴46319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 000
income
-
-
-
12 512
surtax
-
-
-
19 380
social contributions

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

-
-
-
19 126
microenterprise
-
-
-
-
total
-
-
-
51 018
Employee
14 587
-
54 759
-
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.

1 605
-
6 023
-
income
2 597
-
10 641
-
total
4 202
-
16 664
-
Employer
14 587
-
54 759
-
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.

3 514
-
13 191
-
surtax
-
-
-
-
total
3 514
-
13 191
-
Corporate
57 900
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%.

11 580
15 200
-
-
total
11 580
15 200
-
-
Dividends

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

46 320
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
19 296
15 200
29 855
51 018
After tax
56 704
60 800
46 145
24 982
Living cost
10 385
10 385
10 385
10 385
Free-cash
46 319
50 415
35 760
14 597

Estimated living cost  is ₴10385 per week

₴6626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴989
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.
₴2535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16536
₴25276
₴21876
₴13478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 207
health
-
-
-
6 156
pensions
-
-
-
5 849
total
-
-
-
33 212
Employee
42 629
42 629
66 723
-
pensions
7 673
5 849
5 849
-
income

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

6 978
6 978
8 530
-
health
6 543
5 566
6 156
-
total
21 194
18 393
20 535
-
Employer
42 629
42 629
66 723
-
health
2 963
2 963
3 682
-
pensions
2 967
2 967
3 688
-
unemployment
1 535
1 535
1 907
-
total
7 465
7 465
9 277
-
Corporate
26 429
25 906
-
-
income
5 286
5 181
-
-
total
5 286
5 181
-
-
Dividends
21 143
20 725
-
-
income
4 493
4 404
-
-
withholding
3 172
3 109
-
-
total
7 665
7 513
-
-
Income
76 000
76 000
76 000
76 000
Total tax
41 610
38 552
29 812
33 212
After tax
34 390
37 448
46 188
42 788
Living cost
20 912
20 912
20 912
20 912
Free-cash
13 478
16 536
25 276
21 876

Estimated living cost  is ₴20912 per week

₴14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21488
₴19291
₴19778
₴21038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
88
other
-
-
-
5 096
unemployment
-
-
-
44
health
-
-
-
2 736
municipal
-
-
-
18 875
national
-
-
-
4 635
pensions
-
-
-
4 740
total
-
-
-
36 214
Employee
28 510
-
62 222
-
municipal
8 502
-
18 555
-
national
-
-
4 367
-
total
8 502
-
22 922
-
Employer
28 510
-
62 222
-
health
1 753
-
2 697
-
pensions
3 082
-
4 740
-
accident
57
-
88
-
unemployment
753
-
1 158
-
other
3 313
-
5 096
-
total
8 958
-
13 779
-
Corporate
38 532
76 000
-
-
income
8 477
16 720
-
-
total
8 477
16 720
-
-
Dividends
30 055
59 280
-
-
withholding
9 016
17 784
-
-
total
9 016
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 953
34 504
36 701
36 214
After tax
41 047
41 496
39 299
39 786
Living cost
20 008
20 008
20 008
20 008
Free-cash
21 038
21 488
19 291
19 778

Estimated living cost  is ₴20008 per week

₴13261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Stockholm model

Close
Hamburg , Germany
₴18349
₴29591
₴20907
₴25366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 169
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.

-
-
-
1 219
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.

-
-
-
3 410
trade
-
-
-
8 684
total
-
-
-
35 482
Employee

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

25 315
-
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.

119
-
1 219
-
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.

2 175
-
22 169
-
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.

3 410
-
3 410
-
total
5 704
-
26 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 685
76 000
-
-
income
7 602
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
184
-
-
trade
8 337
12 502
-
-
total
16 505
24 713
-
-
Dividends
34 179
51 287
-
-
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.

459
694
-
-
withholding
8 355
12 633
-
-
total
8 814
13 327
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 023
38 040
26 798
35 482
After tax
44 977
37 960
49 202
40 518
Living cost
19 611
19 611
19 611
19 611
Free-cash
25 366
18 349
29 591
20 907

Estimated living cost  is ₴19611 per week

₴13116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2068
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.
₴4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39291
₴35651
₴36352
₴37221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
13 442
social contributions
-
-
-
8 077
health
-
-
-
1 938
total
-
-
-
23 457
Employee
38 386
38 386
70 400
-
social contributions
1 865
3 186
4 297
-
income
4 031
3 553
13 065
-
health
382
653
1 196
-
total
6 278
7 392
18 558
-
Employer
38 386
38 386
70 400
-
health
416
710
1 303
-
social contributions
1 865
3 186
4 297
-
total
2 281
3 896
5 600
-
Corporate
51 249
33 718
-
-
income
6 406
4 215
-
-
total
6 406
4 215
-
-
Dividends
44 844
29 503
-
-
withholding
7 623
5 015
-
-
total
7 623
5 015
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 588
20 518
24 158
23 457
After tax
53 412
55 482
51 842
52 543
Living cost
16 191
16 191
16 191
16 191
Free-cash
37 221
39 291
35 651
36 352

Estimated living cost  is ₴16191 per week

₴11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
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.
₴3587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33788
₴35131
₴43723
₴33977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

12 884
5 128
63 598
-
unemployment
193
77
954
-
pensions
1 288
513
6 360
-
income
1 575
627
7 775
-
health
902
359
4 452
-
total
3 958
1 576
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.

12 884
5 128
63 598
-
pensions
2 512
1 000
12 402
-
total
2 512
1 000
12 402
-
Corporate
60 603
69 872
-
-
income
5 454
6 289
-
-
total
5 454
6 289
-
-
Dividends
55 149
63 584
-
-
social contributions
10 695
12 340
-
-
withholding
10 478
12 081
-
-
total
21 173
24 421
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 097
33 286
31 943
23 351
After tax
42 903
42 714
44 057
52 649
Living cost
8 926
8 926
8 926
8 926
Free-cash
33 977
33 788
35 131
43 723

Estimated living cost  is ₴8926 per week

₴6091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴48743
₴31750
₴28679
₴45643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
10 184
health
-
-
-
9 880
pensions
-
-
-
15 200
total
-
-
-
35 264
Employee
14 161
-
56 801
-
unemployment
226
-
908
-
pensions
283
-
1 136
-
income
1 594
-
10 951
-
total
2 103
-
12 995
-
Employer
14 161
-
56 801
-
health
1 841
-
7 384
-
pensions
2 832
-
11 359
-
unemployment
114
-
455
-
total
4 787
-
19 198
-
Corporate
57 052
76 000
-
-
income
11 410
15 200
-
-
total
11 410
15 200
-
-
Dividends
45 641
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 300
15 200
32 193
35 264
After tax
57 700
60 800
43 807
40 736
Living cost
12 057
12 057
12 057
12 057
Free-cash
45 643
48 743
31 750
28 679

Estimated living cost  is ₴12057 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4936
₴29738
₴40908
₴4455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
127
income
-
-
-
20 488
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
24 000
Employee
17 449
-
67 658
-
pensions
1 965
-
3 847
-
income
2 394
-
15 233
-
health
1 998
-
7 747
-
total
6 357
-
26 827
-
Employer
17 449
-
67 658
-
pensions
2 837
-
5 555
-
accident
291
-
1 130
-
unemployment
427
-
1 658
-
total
3 555
-
8 343
-
Corporate
54 995
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.

49 496
68 400
-
-
total
49 496
68 400
-
-
Dividends
5 499
7 600
-
-
withholding
1 045
1 444
-
-
total
1 045
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 453
69 844
35 170
24 000
After tax
15 547
6 156
40 830
52 000
Living cost
11 092
11 092
11 092
11 092
Free-cash
4 455
-4 936
29 738
40 908

Estimated living cost  is ₴11092 per week

₴8130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴68184
₴56784
₴71224
₴67431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 019
-
76 000
-
income
1 004
-
15 200
-
total
1 004
-
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%.

70 981
76 000
-
-
total
-
-
-
-
Dividends
70 981
76 000
-
-
withholding
3 549
3 800
-
-
total
3 549
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 553
3 800
15 200
760
After tax
71 447
72 200
60 800
75 240
Living cost
4 016
4 016
4 016
4 016
Free-cash
67 431
68 184
56 784
71 224

Estimated living cost  is ₴4016 per week

₴2489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42536
₴30058
₴26936
₴39164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 597
other
-
-
-
3 606
health
-
-
-
3 340
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.

-
-
-
18 219
total
-
-
-
35 762
Employee
18 125
-
60 703
-
unemployment
181
-
607
-
pensions

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

1 268
-
4 249
-
income
3 120
-
11 637
-
health
254
-
850
-
total
4 823
-
17 343
-
Employer
18 125
-
60 703
-
health
254
-
850
-
pensions

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

3 082
-
10 319
-
accident
145
-
486
-
unemployment
181
-
607
-
other
907
-
3 035
-
total
4 569
-
15 297
-
Corporate
53 307
76 000
-
-
income
11 194
15 960
-
-
total
11 194
15 960
-
-
Dividends
42 112
60 040
-
-
withholding
2 948
4 202
-
-
total
2 948
4 202
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 534
20 162
32 640
35 762
After tax
52 466
55 838
43 360
40 238
Living cost
13 302
13 302
13 302
13 302
Free-cash
39 164
42 536
30 058
26 936

Estimated living cost  is ₴13302 per week

₴9398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17717
₴11040
₴17984
₴16813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 479
pensions
-
-
-
4 245
total
-
-
-
24 724
Employee
47 104
-
66 499
-
pensions
4 544
-
5 306
-
income
8 491
-
15 851
-
health
776
-
1 010
-
total
13 811
-
22 167
-
Employer
47 104
-
66 499
-
health
895
-
1 263
-
pensions
5 562
-
8 238
-
total
6 457
-
9 501
-
Corporate
22 440
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.

4 264
14 440
-
-
total
4 264
14 440
-
-
Dividends
18 176
61 560
-
-
withholding
1 363
10 551
-
-
total
1 363
10 551
-
-
Income
76 000
76 000
76 000
76 000
Total tax
25 895
24 991
31 668
24 724
After tax
50 105
51 009
44 332
51 276
Living cost
33 292
33 292
33 292
33 292
Free-cash
16 813
17 717
11 040
17 984

Estimated living cost  is ₴33292 per week

₴24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴58436
₴56252
₴53401
₴56117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
70
health
-
-
-
2 005
pensions

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

-
-
-
2 580
total
-
-
-
16 055
Employee
8 665
-
72 579
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
pensions

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

761
-
1 531
-
income
866
-
7 258
-
health
399
-
802
-
total
2 121
-
9 783
-
Employer
8 665
-
72 579
-
health
598
-
1 203
-
pensions

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

955
-
1 921
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
unemployment
52
-
105
-
total
1 700
-
3 421
-
Corporate
65 634
76 000
-
-
income
6 564
7 600
-
-
total
6 564
7 600
-
-
Dividends
59 071
68 400
-
-
withholding
2 954
3 420
-
-
total
2 954
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 339
11 020
13 204
16 055
After tax
62 661
64 980
62 796
59 945
Living cost
6 544
6 544
6 544
6 544
Free-cash
56 117
58 436
56 252
53 401

Estimated living cost  is ₴6544 per week

₴3821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9767
₴18507
₴15107
₴11023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 207
health
-
-
-
6 156
pensions
-
-
-
5 849
total
-
-
-
33 212
Employee
46 282
42 629
66 723
-
pensions
5 849
5 849
5 849
-
income

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

6 978
6 978
8 530
-
health
5 774
5 566
6 156
-
total
18 601
18 393
20 535
-
Employer
46 282
42 629
66 723
-
health
3 216
2 963
3 682
-
pensions
3 221
2 967
3 688
-
unemployment
1 666
1 535
1 907
-
total
8 103
7 465
9 277
-
Corporate
21 615
25 906
-
-
income
4 323
5 181
-
-
total
4 323
5 181
-
-
Dividends
17 292
20 725
-
-
income
3 675
4 404
-
-
withholding
2 594
3 109
-
-
total
6 269
7 513
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 296
38 552
29 812
33 212
After tax
38 704
37 448
46 188
42 788
Living cost
27 681
27 681
27 681
27 681
Free-cash
11 023
9 767
18 507
15 107

Estimated living cost  is ₴27681 per week

₴20420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40093
₴26334
₴28683
₴35729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 221
social contributions
-
-
-
17 603
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 084
Employee
17 990
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 169
-
3 687
-
income
2 159
-
6 806
-
health
2 429
-
7 657
-
total
5 757
-
18 150
-
Employer
17 990
-
56 716
-
health
1 619
-
5 104
-
social contributions
4 497
-
14 179
-
total
6 116
-
19 283
-
Corporate
51 894
76 000
-
-
income
9 860
14 440
-
-
total
9 860
14 440
-
-
Dividends
42 034
61 560
-
-
withholding
6 305
9 234
-
-
total
6 305
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 038
23 674
37 433
35 084
After tax
47 962
52 326
38 567
40 916
Living cost
12 233
12 233
12 233
12 233
Free-cash
35 729
40 093
26 334
28 683

Estimated living cost  is ₴12233 per week

₴8497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19485
₴12471
₴15956
₴16879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
884
municipal
-
-
-
452
national
-
-
-
18 097
total
-
-
-
38 980
Employee
44 366
-
76 000
-
municipal
235
-
403
-
national
7 688
-
15 655
-
regional
419
-
780
-
social contributions
14 960
-
25 627
-
total
23 302
-
42 465
-
Employer
44 366
-
76 000
-
total
-
-
-
-
Corporate
31 634
76 000
-
-
municipal
1 233
2 964
-
-
nationa
7 592
18 240
-
-
total
8 825
21 204
-
-
Dividends
22 809
54 796
-
-
withholding
5 930
14 247
-
-
total
5 930
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 057
35 451
42 465
38 980
After tax
37 943
40 549
33 535
37 020
Living cost
21 064
21 064
21 064
21 064
Free-cash
16 879
19 485
12 471
15 956

Estimated living cost  is ₴21064 per week

₴14683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36788
₴22577
₴25049
₴35234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
19 014
other
-
-
-
-
surtax
-
-
-
2 752
unemployment
-
-
-
114
health
-
-
-
4 730
pensions
-
-
-
13 325
total
-
-
-
39 935
Employee
16 508
-
62 784
-
other
-
-
-
-
unemployment
1 149
-
4 370
-
pensions
1 101
-
4 188
-
surtax
54
-
2 361
-
income
2 767
-
16 671
-
health
422
-
1 601
-
total
5 493
-
29 191
-
Employer
16 508
-
62 784
-
health
751
-
2 857
-
pensions
2 201
-
8 369
-
unemployment
523
-
1 990
-
other
-
-
-
-
total
3 475
-
13 216
-
Corporate
56 017
76 000
-
-
income
14 564
19 760
-
-
total
14 564
19 760
-
-
Dividends
41 453
56 240
-
-
withholding
6 218
8 436
-
-
total
6 218
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 750
28 196
42 407
39 935
After tax
46 250
47 804
33 593
36 065
Living cost
11 016
11 016
11 016
11 016
Free-cash
35 234
36 788
22 577
25 049

Estimated living cost  is ₴11016 per week

₴6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28264
₴21587
₴28531
₴30281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 479
pensions
-
-
-
4 245
total
-
-
-
24 724
Employee
31 568
-
66 499
-
pensions
2 679
-
5 306
-
income
5 685
-
15 851
-
health
458
-
1 010
-
total
8 822
-
22 167
-
Employer
31 568
-
66 499
-
health
600
-
1 263
-
pensions
3 417
-
8 238
-
total
4 017
-
9 501
-
Corporate
40 415
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.

7 679
14 440
-
-
total
7 679
14 440
-
-
Dividends
32 737
61 560
-
-
withholding
2 456
10 551
-
-
total
2 456
10 551
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 974
24 991
31 668
24 724
After tax
53 026
51 009
44 332
51 276
Living cost
22 745
22 745
22 745
22 745
Free-cash
30 281
28 264
21 587
28 531

Estimated living cost  is ₴22745 per week

₴17040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4726
₴19030
₴22727
₴12164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
other

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

-
-
-
1 520
regional
-
-
-
3 384
health
-
-
-
171
city
-
-
-
801
national
-
-
-
927
pensions
-
-
-
6 991
total
-
-
-
13 794
Employee
46 201
-
68 023
-
unemployment
-
-
-
-
pensions
3 882
-
5 715
-
national
219
-
752
-
regional
1 513
-
2 911
-
city
496
-
731
-
health
104
-
153
-
total
6 214
-
10 262
-
Employer
46 201
-
68 023
-
health
104
-
153
-
pensions
3 882
-
5 715
-
unemployment
-
-
-
-
other

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

924
-
1 361
-
total
4 910
-
7 229
-
Corporate
24 381
76 000
-
-
regional
5 157
16 074
-
-
national
2 073
6 460
-
-
total
7 230
22 534
-
-
Dividends
17 152
53 466
-
-
withholding
6 003
18 713
-
-
total
6 003
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 357
41 247
17 491
13 794
After tax
51 643
34 753
58 509
62 206
Living cost
39 479
39 479
39 479
39 479
Free-cash
12 164
-4 726
19 030
22 727

Estimated living cost  is ₴39479 per week

₴25673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴14701
₴26334
₴17280
₴22797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 169
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.

-
-
-
1 219
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.

-
-
-
3 410
trade
-
-
-
9 054
total
-
-
-
35 852
Employee

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

30 001
-
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.

194
-
1 219
-
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.

3 528
-
22 169
-
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.

3 410
-
3 410
-
total
7 132
-
26 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 999
76 000
-
-
income
6 900
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.

380
627
-
-
chamber of commerce
140
183
-
-
trade
7 889
13 034
-
-
total
15 309
25 244
-
-
Dividends
30 689
50 756
-
-
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.

411
688
-
-
withholding
7 483
12 499
-
-
total
7 894
13 187
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 335
38 431
26 798
35 852
After tax
45 665
37 569
49 202
40 148
Living cost
22 868
22 868
22 868
22 868
Free-cash
22 797
14 701
26 334
17 280

Estimated living cost  is ₴22868 per week

₴16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21225
₴26023
₴25942
₴24174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 927
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 841
pensions
-
-
-
14 689
total
-
-
-
32 979
Employee
21 365
-
59 555
-
pensions
2 416
-
3 834
-
surtax
-
-
-
-
social contributions
609
-
1 697
-
income
1 261
-
10 926
-
total
4 286
-
16 457
-
Employer
21 365
-
59 555
-
health
1 496
-
5 148
-
pensions
3 510
-
6 510
-
unemployment
865
-
2 412
-
social contributions
64
-
179
-
other
737
-
2 192
-
total
6 672
-
16 441
-
Corporate
47 963
76 000
-
-
income
13 429
21 280
-
-
surtax
-
-
-
-
total
13 429
21 280
-
-
Dividends
34 534
54 720
-
-
surtax
-
-
-
-
social contributions
5 940
9 412
-
-
withholding
4 420
7 004
-
-
total
10 360
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 747
37 696
32 898
32 979
After tax
41 253
38 304
43 102
43 021
Living cost
17 079
17 079
17 079
17 079
Free-cash
24 174
21 225
26 023
25 942

Estimated living cost  is ₴17079 per week

₴10769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴22917
₴27715
₴27634
₴25690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 927
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 841
pensions
-
-
-
14 689
total
-
-
-
32 979
Employee
19 071
-
59 555
-
pensions
2 157
-
3 834
-
surtax
-
-
-
-
social contributions
544
-
1 697
-
income
983
-
10 926
-
total
3 684
-
16 457
-
Employer
19 071
-
59 555
-
health
1 335
-
5 148
-
pensions
3 134
-
6 510
-
unemployment
772
-
2 412
-
social contributions
57
-
179
-
other
658
-
2 192
-
total
5 956
-
16 441
-
Corporate
50 973
76 000
-
-
income
14 272
21 280
-
-
surtax
-
-
-
-
total
14 272
21 280
-
-
Dividends
36 701
54 720
-
-
surtax
-
-
-
-
social contributions
6 313
9 412
-
-
withholding
4 698
7 004
-
-
total
11 011
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 923
37 696
32 898
32 979
After tax
41 077
38 304
43 102
43 021
Living cost
15 387
15 387
15 387
15 387
Free-cash
25 690
22 917
27 715
27 634

Estimated living cost  is ₴15387 per week

₴8924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35781
₴37006
₴38222
₴36042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
social contributions
-
-
-
10 488
health
-
-
-
5 305
total
-
-
-
27 193
Employee
16 926
-
76 000
-
social contributions
2 336
-
10 488
-
income
2 823
-
12 616
-
health
1 181
-
5 305
-
total
6 340
-
28 409
-
Employer
16 926
-
76 000
-
total
-
-
-
-
Corporate
59 074
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%.

2 954
3 800
-
-
total
2 954
3 800
-
-
Dividends
56 121
72 200
-
-
social contributions
7 744
9 964
-
-
withholding
8 418
10 830
-
-
health
3 917
5 040
-
-
total
20 079
25 834
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 373
29 634
28 409
27 193
After tax
46 627
46 366
47 591
48 807
Living cost
10 585
10 585
10 585
10 585
Free-cash
36 042
35 781
37 006
38 222

Estimated living cost  is ₴10585 per week

₴7084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24574
₴2216
₴21383
₴23804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
18 312
surtax
-
-
-
99
unemployment
-
-
-
3 062
chamber of commerce
-
-
-
304
health
-
-
-
4 461
pensions
-
-
-
10 789
total
-
-
-
37 027
Employee
24 948
19 894
59 064
-
other
249
199
584
-
unemployment
748
597
1 750
-
pensions
2 555
2 037
5 972
-
income
2 840
1 467
14 403
-
health
965
770
2 257
-
total
7 357
5 070
24 966
-
Employer
24 948
19 894
59 064
-
chamber of commerce
99
80
236
-
health
943
752
2 204
-
pensions
3 131
2 497
7 319
-
accident
324
259
758
-
unemployment
748
597
1 750
-
surtax
99
99
99
-
payroll
748
597
1 771
-
other
1 185
944
2 799
-
total
7 277
5 825
16 936
-
Corporate
43 775
50 282
57 169
-
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.

10 943
12 571
14 292
-
total
10 943
12 571
14 292
-
Dividends
32 832
37 711
-
-
withholding
9 029
10 370
-
-
total
9 029
10 370
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 606
33 836
56 194
37 027
After tax
41 394
42 164
19 806
38 973
Living cost
17 590
17 590
17 590
17 590
Free-cash
23 804
24 574
2 216
21 383

Estimated living cost  is ₴17590 per week

₴11732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24328
₴9222
₴14929
₴16842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal

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

-
-
-
3 849
social contributions
-
-
-
11 858
national
-
-
-
27 163
total
-
-
-
42 870
Employee

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

35 708
-
58 866
-
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.

311
-
513
-
communal

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

1 862
-
3 070
-
pensions

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

2 678
-
4 415
-
national
10 978
-
20 678
-
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.

1 678
-
2 767
-
total
17 507
-
31 443
-
Employer

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

35 708
-
58 866
-
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.

2 196
-
3 620
-
pensions

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

3 164
-
5 216
-
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.

464
-
764
-
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.

521
-
859
-
surtax
4 049
-
6 675
-
total
10 394
-
17 134
-
Corporate
29 898
76 000
-
-
income
5 979
15 200
-
-
surtax
119
304
-
-
total
6 098
15 504
-
-
Dividends
23 799
60 496
-
-
withholding

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

6 958
17 967
-
-
total
6 958
17 967
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 957
33 471
48 577
42 870
After tax
35 043
42 529
27 423
33 130
Living cost
18 201
18 201
18 201
18 201
Free-cash
16 842
24 328
9 222
14 929

Estimated living cost  is ₴18201 per week

₴11724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1591
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.
₴4601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32775
₴22662
₴24757
₴29142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
417
income
-
-
-
19 334
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
33 215
Employee
24 849
-
61 249
-
other
25
-
46
-
unemployment
386
-
717
-
pensions
1 168
-
2 175
-
income
5 243
-
17 621
-
total
6 822
-
20 559
-
Employer
24 849
-
61 249
-
pensions
5 864
-
10 920
-
accident
492
-
916
-
unemployment
1 367
-
2 545
-
other
198
-
370
-
total
7 921
-
14 751
-
Corporate
43 231
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.

6 484
11 400
-
-
total
6 484
11 400
-
-
Dividends
36 746
64 600
-
-
withholding
7 603
13 797
-
-
total
7 603
13 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 830
25 197
35 310
33 215
After tax
47 170
50 803
40 690
42 785
Living cost
18 028
18 028
18 028
18 028
Free-cash
29 142
32 775
22 662
24 757

Estimated living cost  is ₴18028 per week

₴13276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18004
₴14812
₴11784
₴12229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
communal
-
-
-
4 803
accident
-
-
-
640
income
-
-
-
11 146
surtax
-
-
-
3 767
health
-
-
-
5 340
pensions
-
-
-
11 392
total
-
-
-
37 088
Employee
37 804
-
67 887
-
pensions
3 024
-
5 431
-
surtax
2 317
-
4 161
-
income
3 651
-
13 334
-
health
1 682
-
3 021
-
total
10 674
-
25 947
-
Employer
37 804
-
67 887
-
health
1 153
-
2 071
-
pensions
3 024
-
5 431
-
accident
340
-
611
-
total
4 517
-
8 113
-
Corporate
33 679
76 000
-
-
communal
2 274
5 130
-
-
income
5 052
11 400
-
-
surtax
353
798
-
-
total
7 679
17 328
-
-
Dividends
26 000
58 673
-
-
income
9 873
4 739
-
-
withholding
3 900
8 801
-
-
total
13 773
13 540
-
-
Income
76 000
76 000
76 000
76 000
Total tax
36 643
30 868
34 060
37 088
After tax
39 357
45 132
41 940
38 912
Living cost
27 128
27 128
27 128
27 128
Free-cash
12 229
18 004
14 812
11 784

Estimated living cost  is ₴27128 per week

₴20350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36591
₴22380
₴24852
₴35005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
19 014
other
-
-
-
-
surtax
-
-
-
2 752
unemployment
-
-
-
114
health
-
-
-
4 730
pensions
-
-
-
13 325
total
-
-
-
39 935
Employee
16 811
-
62 784
-
other
-
-
-
-
unemployment
1 170
-
4 370
-
pensions
1 122
-
4 188
-
surtax
60
-
2 361
-
income
2 818
-
16 671
-
health
429
-
1 601
-
total
5 599
-
29 191
-
Employer
16 811
-
62 784
-
health
764
-
2 857
-
pensions
2 241
-
8 369
-
unemployment
533
-
1 990
-
other
-
-
-
-
total
3 538
-
13 216
-
Corporate
55 650
76 000
-
-
income
14 468
19 760
-
-
total
14 468
19 760
-
-
Dividends
41 181
56 240
-
-
withholding
6 177
8 436
-
-
total
6 177
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 782
28 196
42 407
39 935
After tax
46 218
47 804
33 593
36 065
Living cost
11 213
11 213
11 213
11 213
Free-cash
35 005
36 591
22 380
24 852

Estimated living cost  is ₴11213 per week

₴6770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
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.
₴3209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴26500
₴19845
₴23311
₴25391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 146
municipal
-
-
-
452
national
-
-
-
18 097
total
-
-
-
39 242
Employee
27 691
-
76 000
-
municipal
147
-
403
-
national
4 387
-
15 655
-
regional
373
-
1 023
-
social contributions
9 338
-
25 627
-
total
14 245
-
42 708
-
Employer
27 691
-
76 000
-
total
-
-
-
-
Corporate
48 309
76 000
-
-
municipal
2 401
3 777
-
-
nationa
11 594
18 240
-
-
total
13 995
22 017
-
-
Dividends
34 314
53 983
-
-
withholding
8 922
14 036
-
-
total
8 922
14 036
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 162
36 053
42 708
39 242
After tax
38 838
39 947
33 292
36 758
Living cost
13 447
13 447
13 447
13 447
Free-cash
25 391
26 500
19 845
23 311

Estimated living cost  is ₴13447 per week

₴8363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37252
₴23493
₴25842
₴31874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 221
social contributions
-
-
-
17 603
solidarity contribution
-
-
-
-
health
-
-
-
10 260
total
-
-
-
35 084
Employee
22 168
-
56 716
-
solidarity contribution
-
-
-
-
social contributions
1 441
-
3 687
-
income
2 660
-
6 806
-
health
2 993
-
7 657
-
total
7 094
-
18 150
-
Employer
22 168
-
56 716
-
health
1 995
-
5 104
-
social contributions
5 542
-
14 179
-
total
7 537
-
19 283
-
Corporate
46 295
76 000
-
-
income
8 796
14 440
-
-
total
8 796
14 440
-
-
Dividends
37 499
61 560
-
-
withholding
5 625
9 234
-
-
total
5 625
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 052
23 674
37 433
35 084
After tax
46 948
52 326
38 567
40 916
Living cost
15 074
15 074
15 074
15 074
Free-cash
31 874
37 252
23 493
25 842

Estimated living cost  is ₴15074 per week

₴11210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴835
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.
₴2768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴26291
₴3911
₴23146
₴26044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
18 312
surtax
-
-
-
-
unemployment
-
-
-
3 062
chamber of commerce
-
-
-
304
health
-
-
-
4 461
pensions
-
-
-
10 789
total
-
-
-
36 928
Employee
21 821
19 894
59 156
-
other
218
199
584
-
unemployment
655
597
1 750
-
pensions
2 235
2 037
5 972
-
income
1 944
1 467
14 441
-
health
844
770
2 257
-
total
5 896
5 070
25 004
-
Employer
21 821
19 894
59 156
-
chamber of commerce
87
80
237
-
health
825
752
2 204
-
pensions
2 739
2 497
7 319
-
accident
283
259
758
-
unemployment
655
597
1 750
-
surtax
-
-
-
-
payroll
655
597
1 774
-
other
1 036
944
2 802
-
total
6 280
5 726
16 844
-
Corporate
47 899
50 381
57 261
-
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.

11 975
12 596
14 315
-
total
11 975
12 596
14 315
-
Dividends
35 924
37 785
-
-
withholding
9 879
10 391
-
-
total
9 879
10 391
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 030
33 783
56 163
36 928
After tax
41 970
42 217
19 837
39 072
Living cost
15 926
15 926
15 926
15 926
Free-cash
26 044
26 291
3 911
23 146

Estimated living cost  is ₴15926 per week

₴9554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴65942
₴54542
₴68982
₴64768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 822
-
76 000
-
income
1 565
-
15 200
-
total
1 565
-
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%.

68 178
76 000
-
-
total
-
-
-
-
Dividends
68 178
76 000
-
-
withholding
3 409
3 800
-
-
total
3 409
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 974
3 800
15 200
760
After tax
71 026
72 200
60 800
75 240
Living cost
6 258
6 258
6 258
6 258
Free-cash
64 768
65 942
54 542
68 982

Estimated living cost  is ₴6258 per week

₴4235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38936
₴22322
₴24335
₴34760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
76 000
income
-
-
-
16 804
unemployment
-
-
-
114
health
-
-
-
7 478
pensions
-
-
-
13 879
total
-
-
-
38 275
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.

22 075
-
65 760
-
unemployment
31
-
92
-
pensions
3 422
-
10 193
-
income
3 807
-
15 517
-
health
1 426
-
4 248
-
total
8 686
-
30 050
-
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.

22 075
-
65 760
-
health
1 470
-
4 379
-
pensions
1 953
-
5 819
-
unemployment
13
-
40
-
total
3 436
-
10 238
-
Corporate
50 488
76 000
-
-
income
9 593
14 440
-
-
total
9 593
14 440
-
-
Dividends
40 896
61 560
-
-
withholding
6 135
9 234
-
-
total
6 135
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 850
23 674
40 288
38 275
After tax
48 150
52 326
35 712
37 725
Living cost
13 390
13 390
13 390
13 390
Free-cash
34 760
38 936
22 322
24 335

Estimated living cost  is ₴13390 per week

₴9189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24904
₴48161
₴31187
₴1384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 814
social contributions
-
-
-
8 664
total
-
-
-
23 478
Employee
30 591
-
-
-
social contributions
2 508
-
357
-
income
6 748
-
-
-
total
9 256
-
357
-
Employer
30 591
-
-
-
social contributions
43 133
-
6 147
-
total
43 133
-
6 147
-
Corporate
2 277
76 000
-
-
income
501
16 720
-
-
total
501
16 720
-
-
Dividends
1 776
59 280
-
-
income
391
13 042
-
-
total
391
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
53 281
29 762
6 504
23 478
After tax
22 719
46 238
69 496
52 522
Living cost
21 335
21 335
21 335
21 335
Free-cash
1 384
24 904
48 161
31 187

Estimated living cost  is ₴21335 per week

₴13843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2007
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.
₴5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27571
₴20047
₴25463
₴27067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income
-
-
-
8 469
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 879
Employee
22 959
-
61 414
-
surtax
-
-
-
-
social contributions
2 526
-
6 755
-
income
4 776
-
18 954
-
total
7 302
-
25 709
-
Employer
22 959
-
61 414
-
social contributions
5 453
-
14 586
-
total
5 453
-
14 586
-
Corporate
47 588
76 000
-
-
income
9 993
15 960
-
-
surtax
-
-
-
-
total
9 993
15 960
-
-
Dividends
37 595
60 040
-
-
withholding
10 527
16 811
-
-
total
10 527
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 275
32 771
40 295
34 879
After tax
42 725
43 229
35 705
41 121
Living cost
15 658
15 658
15 658
15 658
Free-cash
27 067
27 571
20 047
25 463

Estimated living cost  is ₴15658 per week

₴11716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴14193
₴18991
₴18910
₴17625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 927
other
-
-
-
2 356
surtax
-
-
-
-
social contributions
-
-
-
2 166
health
-
-
-
2 841
pensions
-
-
-
14 689
total
-
-
-
32 979
Employee
31 266
-
59 555
-
pensions
3 536
-
3 834
-
surtax
-
-
-
-
social contributions
890
-
1 697
-
income
2 728
-
10 926
-
total
7 154
-
16 457
-
Employer
31 266
-
59 555
-
health
2 188
-
5 148
-
pensions
5 137
-
6 510
-
unemployment
1 267
-
2 412
-
social contributions
94
-
179
-
other
1 079
-
2 192
-
total
9 765
-
16 441
-
Corporate
34 969
76 000
-
-
income
9 792
21 280
-
-
surtax
-
-
-
-
total
9 792
21 280
-
-
Dividends
25 178
54 720
-
-
surtax
-
-
-
-
social contributions
4 330
9 412
-
-
withholding
3 223
7 004
-
-
total
7 553
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 264
37 696
32 898
32 979
After tax
41 736
38 304
43 102
43 021
Living cost
24 111
24 111
24 111
24 111
Free-cash
17 625
14 193
18 991
18 910

Estimated living cost  is ₴24111 per week

₴16318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴53394
₴43397
₴41377
₴51717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 897
social contributions
-
-
-
16 720
total
-
-
-
19 617
Employee
16 049
-
65 801
-
income
-
-
3 121
-
social contributions
1 043
-
4 277
-
total
1 043
-
7 398
-
Employer
16 049
-
65 801
-
social contributions
2 488
-
10 199
-
total
2 488
-
10 199
-
Corporate
57 464
76 000
-
-
income
5 746
7 600
-
-
total
5 746
7 600
-
-
Dividends
51 717
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 277
7 600
17 597
19 617
After tax
66 723
68 400
58 403
56 383
Living cost
15 006
15 006
15 006
15 006
Free-cash
51 717
53 394
43 397
41 377

Estimated living cost  is ₴15006 per week

₴9702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
-₴32757
-₴32757
₴21472
-₴32757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
labour market
-
-
-
6 045
municipal
-
-
-
15 477
national
-
-
-
8 533
pensions
-
-
-
433
total
-
-
-
30 488
Employee
101 467
101 467
101 467
-
municipal
21 607
21 607
21 607
-
labour market
8 106
8 106
8 106
-
pensions
144
144
144
-
national
12 396
12 396
12 396
-
total
42 253
42 253
42 253
-
Employer
101 467
101 467
101 467
-
national
12 418
12 418
12 418
-
labour market
8 117
8 117
8 117
-
pensions
288
288
288
-
municipal
21 641
21 641
21 641
-
total
42 464
42 464
42 464
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
84 717
84 717
84 717
30 488
After tax
-8 717
-8 717
-8 717
45 512
Living cost
24 040
24 040
24 040
24 040
Free-cash
-32 757
-32 757
-32 757
21 472

Estimated living cost  is ₴24040 per week

₴16453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4773
₴29901
₴41071
₴4479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
127
income
-
-
-
20 488
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
24 000
Employee
17 191
-
67 658
-
pensions
1 936
-
3 847
-
income
2 358
-
15 233
-
health
1 969
-
7 747
-
total
6 263
-
26 827
-
Employer
17 191
-
67 658
-
pensions
2 795
-
5 555
-
accident
287
-
1 130
-
unemployment
421
-
1 658
-
total
3 503
-
8 343
-
Corporate
55 305
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.

49 775
68 400
-
-
total
49 775
68 400
-
-
Dividends
5 530
7 600
-
-
withholding
1 051
1 444
-
-
total
1 051
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
60 592
69 844
35 170
24 000
After tax
15 408
6 156
40 830
52 000
Living cost
10 929
10 929
10 929
10 929
Free-cash
4 479
-4 773
29 901
41 071

Estimated living cost  is ₴10929 per week

₴7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29198
₴21460
₴31587
₴30166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
health
-
-
-
962
municipal
-
-
-
13 507
national
-
-
-
10 778
total
-
-
-
25 247
Employee
26 264
-
63 935
-
municipal
4 302
-
10 420
-
unemployment
394
-
959
-
pensions
1 772
-
4 316
-
national
434
-
6 838
-
health
196
-
776
-
total
7 098
-
23 309
-
Employer
26 264
-
63 935
-
health
202
-
493
-
pensions
4 557
-
11 093
-
accident
27
-
63
-
unemployment
171
-
416
-
total
4 957
-
12 065
-
Corporate
44 781
76 000
-
-
income
8 956
15 200
-
-
total
8 956
15 200
-
-
Dividends

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

26 869
45 600
-
-
municipal
4 836
8 208
-
-
national
821
4 228
-
-
total
5 657
12 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
26 668
27 636
35 374
25 247
After tax
49 332
48 364
40 626
50 753
Living cost
19 166
19 166
19 166
19 166
Free-cash
30 166
29 198
21 460
31 587

Estimated living cost  is ₴19166 per week

₴12519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴43924
₴40284
₴40985
₴41207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
13 442
social contributions
-
-
-
8 077
health
-
-
-
1 938
total
-
-
-
23 457
Employee
38 386
38 386
70 400
-
social contributions
1 451
3 186
4 297
-
income
4 180
3 553
13 065
-
health
297
653
1 196
-
total
5 928
7 392
18 558
-
Employer
38 386
38 386
70 400
-
health
323
710
1 303
-
social contributions
1 451
3 186
4 297
-
total
1 774
3 896
5 600
-
Corporate
56 740
33 718
-
-
income
7 093
4 215
-
-
total
7 093
4 215
-
-
Dividends
49 647
29 503
-
-
withholding
8 440
5 015
-
-
total
8 440
5 015
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 235
20 518
24 158
23 457
After tax
52 765
55 482
51 842
52 543
Living cost
11 558
11 558
11 558
11 558
Free-cash
41 207
43 924
40 284
40 985

Estimated living cost  is ₴11558 per week

₴6927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55009
₴45431
₴55444
₴52470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
76 000
income
-
-
-
7 634
unemployment
-
-
-
14
health
-
-
-
1 807
pensions
-
-
-
3 175
total
-
-
-
12 630
Employee

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

11 458
-
71 121
-
unemployment
57
-
237
-
pensions
1 718
-
7 105
-
income
783
-
6 396
-
health
974
-
4 026
-
total
3 532
-
17 764
-
Employer

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

11 458
-
71 121
-
health
493
-
2 037
-
pensions
630
-
2 605
-
unemployment
57
-
237
-
total
1 180
-
4 879
-
Corporate
63 362
76 000
-
-
income
5 703
6 840
-
-
total
5 703
6 840
-
-
Dividends
57 659
69 160
-
-
withholding
5 189
6 225
-
-
total
5 189
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 604
13 065
22 643
12 630
After tax
60 396
62 935
53 357
63 370
Living cost
7 926
7 926
7 926
7 926
Free-cash
52 470
55 009
45 431
55 444

Estimated living cost  is ₴7926 per week

₴5057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴571
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.
₴2061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37076
₴26963
₴29058
₴34800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
417
income
-
-
-
19 334
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
33 215
Employee
18 458
-
61 249
-
other
18
-
46
-
unemployment
286
-
717
-
pensions
868
-
2 175
-
income
3 559
-
17 621
-
total
4 731
-
20 559
-
Employer
18 458
-
61 249
-
pensions
4 356
-
10 920
-
accident
366
-
916
-
unemployment
1 016
-
2 545
-
other
148
-
370
-
total
5 886
-
14 751
-
Corporate
51 657
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.

7 748
11 400
-
-
total
7 748
11 400
-
-
Dividends
43 909
64 600
-
-
withholding
9 108
13 797
-
-
total
9 108
13 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 473
25 197
35 310
33 215
After tax
48 527
50 803
40 690
42 785
Living cost
13 727
13 727
13 727
13 727
Free-cash
34 800
37 076
26 963
29 058

Estimated living cost  is ₴13727 per week

₴9266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴46416
₴47729
₴47800
₴46250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 924
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
27 192
Employee
1 535
-
75 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
25 885
-
health
77
-
184
-
total
527
-
26 437
-
Employer
1 535
-
75 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
73
-
total
346
-
826
-
Corporate
74 120
76 000
-
-
income
16 306
16 720
-
-
total
16 306
16 720
-
-
Dividends
57 814
59 280
-
-
withholding
11 563
11 856
-
-
total
11 563
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 742
28 576
27 263
27 192
After tax
47 258
47 424
48 737
48 808
Living cost
1 008
1 008
1 008
1 008
Free-cash
46 250
46 416
47 729
47 800

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴46276
₴36504
₴36505
₴43819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
76 000
income
-
-
-
16 915
unemployment
-
-
-
553
health
-
-
-
3 800
pensions
-
-
-
9 593
total
-
-
-
30 861
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.

13 019
-
69 396
-
unemployment
98
-
277
-
pensions
1 823
-
5 165
-
income
1 795
-
16 915
-
health
670
-
1 900
-
total
4 386
-
24 257
-
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.

13 019
-
69 396
-
health
670
-
1 900
-
pensions
1 562
-
4 428
-
unemployment
98
-
277
-
total
2 330
-
6 605
-
Corporate
60 650
76 000
-
-
income
9 098
11 400
-
-
total
9 098
11 400
-
-
Dividends
51 553
64 600
-
-
withholding
7 733
9 690
-
-
total
7 733
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 547
21 090
30 862
30 861
After tax
52 453
54 910
45 138
45 139
Living cost
8 634
8 634
8 634
8 634
Free-cash
43 819
46 276
36 504
36 505

Estimated living cost  is ₴8634 per week

₴5813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴668
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.
₴1903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29771
₴22247
₴27663
₴29592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income
-
-
-
8 469
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
34 879
Employee
19 375
-
61 414
-
surtax
-
-
-
-
social contributions
2 131
-
6 755
-
income
3 786
-
18 954
-
total
5 917
-
25 709
-
Employer
19 375
-
61 414
-
social contributions
4 601
-
14 586
-
total
4 601
-
14 586
-
Corporate
52 024
76 000
-
-
income
10 925
15 960
-
-
surtax
-
-
-
-
total
10 925
15 960
-
-
Dividends
41 098
60 040
-
-
withholding
11 507
16 811
-
-
total
11 507
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 950
32 771
40 295
34 879
After tax
43 050
43 229
35 705
41 121
Living cost
13 458
13 458
13 458
13 458
Free-cash
29 592
29 771
22 247
27 663

Estimated living cost  is ₴13458 per week

₴9532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33259
₴23146
₴25241
₴29798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
417
income
-
-
-
19 334
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
33 215
Employee
24 109
-
61 249
-
other
24
-
46
-
unemployment
373
-
717
-
pensions
1 133
-
2 175
-
income
5 035
-
17 621
-
total
6 565
-
20 559
-
Employer
24 109
-
61 249
-
pensions
5 690
-
10 920
-
accident
477
-
916
-
unemployment
1 326
-
2 545
-
other
193
-
370
-
total
7 686
-
14 751
-
Corporate
44 204
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.

6 630
11 400
-
-
total
6 630
11 400
-
-
Dividends
37 574
64 600
-
-
withholding
7 777
13 797
-
-
total
7 777
13 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 658
25 197
35 310
33 215
After tax
47 342
50 803
40 690
42 785
Living cost
17 544
17 544
17 544
17 544
Free-cash
29 798
33 259
23 146
25 241

Estimated living cost  is ₴17544 per week

₴12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴56394
₴54210
₴51359
₴53352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
unemployment
-
-
-
70
health
-
-
-
2 005
pensions

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

-
-
-
2 580
total
-
-
-
16 055
Employee
11 369
-
72 579
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

998
-
1 531
-
income
1 137
-
7 258
-
health
523
-
802
-
total
2 783
-
9 783
-
Employer
11 369
-
72 579
-
health
785
-
1 203
-
pensions

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

1 253
-
1 921
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 231
-
3 421
-
Corporate
62 400
76 000
-
-
income
6 240
7 600
-
-
total
6 240
7 600
-
-
Dividends
56 160
68 400
-
-
withholding
2 808
3 420
-
-
total
2 808
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 062
11 020
13 204
16 055
After tax
61 938
64 980
62 796
59 945
Living cost
8 586
8 586
8 586
8 586
Free-cash
53 352
56 394
54 210
51 359

Estimated living cost  is ₴8586 per week

₴5679
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.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19859
₴29929
₴22353
₴26391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income

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

-
-
-
22 169
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.

-
-
-
1 219
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.

-
-
-
3 410
trade
-
-
-
7 576
total
-
-
-
34 374
Employee

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

24 838
-
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
-
1 219
-
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.

2 042
-
22 169
-
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.

3 410
-
3 410
-
total
5 565
-
26 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 162
76 000
-
-
income
7 674
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.

423
627
-
-
chamber of commerce
151
188
-
-
trade
7 342
10 906
-
-
total
15 590
23 121
-
-
Dividends
35 573
52 880
-
-
surtax

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

478
717
-
-
withholding
8 703
13 030
-
-
total
9 181
13 747
-
-
Income
76 000
76 000
76 000
76 000
Total tax
30 336
36 868
26 798
34 374
After tax
45 664
39 132
49 202
41 626
Living cost
19 273
19 273
19 273
19 273
Free-cash
26 391
19 859
29 929
22 353

Estimated living cost  is ₴19273 per week

₴13295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
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.
₴3624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24764
₴13013
₴13013
₴25867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
22 148
social contributions
-
-
-
12 403
total
-
-
-
34 551
Employee
39 048
-
76 000
-
income
7 368
-
22 148
-
social contributions
3 244
-
12 403
-
total
10 612
-
34 551
-
Employer
39 048
-
76 000
-
total
-
-
-
-
Corporate
36 952
76 000
-
-
income
4 619
9 500
-
-
total
4 619
9 500
-
-
Dividends
32 332
66 500
-
-
withholding
6 466
13 300
-
-
total
6 466
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 697
22 800
34 551
34 551
After tax
54 303
53 200
41 449
41 449
Living cost
28 436
28 436
28 436
28 436
Free-cash
25 867
24 764
13 013
13 013

Estimated living cost  is ₴28436 per week

₴21634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2317
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.
₴4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28642
₴36645
₴40649
₴30387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
76 000
income
-
-
-
14 210
health

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

-
-
-
3 020
total
-
-
-
17 230
Employee
22 900
-
73 704
-
income
2 485
-
16 642
-
social contributions
2 294
-
2 296
-
total
4 779
-
18 938
-
Employer
22 900
-
73 704
-
social contributions
2 294
-
2 296
-
total
2 294
-
2 296
-
Corporate
50 805
76 000
-
-
income
17 782
26 600
-
-
total
17 782
26 600
-
-
Dividends
33 023
49 400
-
-
social contributions
2 637
2 637
-
-
total
2 637
2 637
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 492
29 237
21 234
17 230
After tax
48 508
46 763
54 766
58 770
Living cost
18 121
18 121
18 121
18 121
Free-cash
30 387
28 642
36 645
40 649

Estimated living cost  is ₴18121 per week

₴11936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32518
₴25841
₴32785
₴35466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 479
pensions
-
-
-
4 245
total
-
-
-
24 724
Employee
25 381
-
66 499
-
pensions
1 937
-
5 306
-
income
4 622
-
15 851
-
health
331
-
1 010
-
total
6 890
-
22 167
-
Employer
25 381
-
66 499
-
health
482
-
1 263
-
pensions
2 564
-
8 238
-
total
3 046
-
9 501
-
Corporate
47 572
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.

9 039
14 440
-
-
total
9 039
14 440
-
-
Dividends
38 533
61 560
-
-
withholding
3 068
10 551
-
-
total
3 068
10 551
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 043
24 991
31 668
24 724
After tax
53 957
51 009
44 332
51 276
Living cost
18 491
18 491
18 491
18 491
Free-cash
35 466
32 518
25 841
32 785

Estimated living cost  is ₴18491 per week

₴12684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1700
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.
₴3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴5855
₴28819
₴39989
₴4314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
127
income
-
-
-
20 488
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
24 000
Employee
18 893
-
67 658
-
pensions
2 127
-
3 847
-
income
2 592
-
15 233
-
health
2 163
-
7 747
-
total
6 882
-
26 827
-
Employer
18 893
-
67 658
-
pensions
3 072
-
5 555
-
accident
315
-
1 130
-
unemployment
463
-
1 658
-
total
3 850
-
8 343
-
Corporate
53 257
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.

47 931
68 400
-
-
total
47 931
68 400
-
-
Dividends
5 326
7 600
-
-
withholding
1 012
1 444
-
-
total
1 012
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
59 675
69 844
35 170
24 000
After tax
16 325
6 156
40 830
52 000
Living cost
12 011
12 011
12 011
12 011
Free-cash
4 314
-5 855
28 819
39 989

Estimated living cost  is ₴12011 per week

₴8814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
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.
₴2254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴57210
₴45927
₴36006
₴54875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
76 000
income
-
-
-
12 350
unemployment
-
-
-
912
work injury
-
-
-
380
health insurance
-
-
-
5 624
pensions
-
-
-
13 984
total
-
-
-
33 250
Employee

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

10 790
-
76 000
-
health insurance
798
-
2 954
-
unemployment
129
-
479
-
work injury
54
-
200
-
pensions
1 985
-
7 346
-
income
1 079
-
12 350
-
total
4 045
-
23 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 210
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
64 558
75 240
-
-
withholding
9 684
11 286
-
-
total
9 684
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 381
12 046
23 329
33 250
After tax
61 619
63 954
52 671
42 750
Living cost
6 744
6 744
6 744
6 744
Free-cash
54 875
57 210
45 927
36 006

Estimated living cost  is ₴6744 per week

₴4178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20145
₴12858
₴16234
₴17874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
social contributions
-
-
-
19 547
regional
-
-
-
1 727
municipal
-
-
-
508
national
-
-
-
18 097
total
-
-
-
39 879
Employee
42 066
-
76 000
-
municipal
251
-
454
-
national
7 109
-
15 655
-
regional
635
-
1 519
-
social contributions
14 184
-
25 627
-
total
22 179
-
43 255
-
Employer
42 066
-
76 000
-
total
-
-
-
-
Corporate
33 934
76 000
-
-
municipal
1 636
3 663
-
-
nationa
8 144
18 240
-
-
total
9 780
21 903
-
-
Dividends
24 154
54 097
-
-
withholding
6 280
14 065
-
-
total
6 280
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
38 239
35 968
43 255
39 879
After tax
37 761
40 032
32 745
36 121
Living cost
19 887
19 887
19 887
19 887
Free-cash
17 874
20 145
12 858
16 234

Estimated living cost  is ₴19887 per week

₴13969
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.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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