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
₴ 77500
per

Your estimated
City
free-cash

Valencia , Spain
₴41659
₴33582
₴34859
₴43003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
unemployment
-
-
-
197
income
-
-
-
25 814
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
34 274
Employee
11 251
-
68 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
24 769
-
other
11
-
28
-
total
2 883
-
26 560
-
Employer
11 251
-
68 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
62 662
77 500
-
-
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.

9 400
11 625
-
-
total
9 400
11 625
-
-
Dividends
53 263
65 875
-
-
withholding
11 604
14 505
-
-
total
11 604
14 505
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 474
26 130
35 551
34 274
After tax
50 026
51 370
41 949
43 226
Living cost
8 367
8 367
8 367
8 367
Free-cash
41 659
43 003
33 582
34 859

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴46777
₴39180
₴39800
₴48831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
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.

-
-
-
11 105
income
-
-
-
14 253
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
29 592
Employee
11 048
-
65 685
-
health
155
-
648
-
unemployment
110
-
463
-
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.

773
-
3 239
-
income
1 902
-
14 047
-
total
2 940
-
18 397
-
Employer
11 048
-
65 685
-
health
155
-
648
-
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.

1 878
-
7 866
-
accident
88
-
525
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 815
-
Corporate
63 668
77 500
-
-
income
13 370
16 275
-
-
total
13 370
16 275
-
-
Dividends
50 298
61 225
-
-
withholding
3 521
4 286
-
-
total
3 521
4 286
-
-
Income
77 500
77 500
77 500
77 500
Total tax
22 615
20 561
30 212
29 592
After tax
54 885
56 939
47 288
47 908
Living cost
8 108
8 108
8 108
8 108
Free-cash
46 777
48 831
39 180
39 800

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴60863
₴62347
₴59052
₴62275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
11 625
health
-
-
-
1 222
total
-
-
-
14 461
Employee
5 280
-
75 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
7 542
-
total
1 293
-
9 081
-
Employer
5 280
-
75 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
71 184
77 500
-
-
income
7 118
7 750
-
-
total
7 118
7 750
-
-
Dividends
64 066
69 750
-
-
withholding
3 203
3 488
-
-
total
3 203
3 488
-
-
Income
77 500
77 500
77 500
77 500
Total tax
12 650
11 238
11 166
14 461
After tax
64 850
66 262
66 334
63 039
Living cost
3 987
3 987
3 987
3 987
Free-cash
60 863
62 275
62 347
59 052

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴30449
₴28369
₴31214
₴28649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
15 701
other
-
-
-
2 403
health
-
-
-
4 023
social contributions
-
-
-
2 208
pensions
-
-
-
11 541
surtax
-
-
-
-
total
-
-
-
35 876
Employee
13 022
-
58 719
-
pensions
1 472
-
4 607
-
income
769
-
13 660
-
social contributions
371
-
1 673
-
surtax
-
-
-
-
total
2 612
-
19 940
-
Employer
13 022
-
58 719
-
health
912
-
6 052
-
social contributions
39
-
176
-
pensions
2 139
-
7 661
-
unemployment
527
-
2 378
-
other
449
-
2 514
-
total
4 066
-
18 781
-
Corporate
60 411
77 500
-
-
income
16 915
21 700
-
-
surtax
-
-
-
-
total
16 915
21 700
-
-
Dividends
43 496
55 800
-
-
social contributions
7 481
9 598
-
-
surtax
-
-
-
-
withholding
5 567
7 143
-
-
total
13 048
16 741
-
-
Income
77 500
77 500
77 500
77 500
Total tax
36 641
38 441
38 721
35 876
After tax
40 859
39 059
38 779
41 624
Living cost
10 410
10 410
10 410
10 410
Free-cash
30 449
28 649
28 369
31 214

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴24117
₴36803
₴28377
₴25982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions
-
-
-
3 565
income
-
-
-
29 060
health
-
-
-
3 752
total
-
-
-
36 377
Employee
25 983
25 983
71 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
14 980
-
total
12 918
11 210
22 297
-
Employer
25 983
25 983
71 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
47 285
46 967
-
-
income
9 457
9 393
-
-
total
9 457
9 393
-
-
Dividends
37 829
37 573
-
-
income
8 039
7 984
-
-
withholding
5 674
5 636
-
-
total
13 713
13 620
-
-
Income
77 500
77 500
77 500
77 500
Total tax
40 637
38 772
27 951
36 377
After tax
36 863
38 728
49 549
41 123
Living cost
12 746
12 746
12 746
12 746
Free-cash
24 117
25 982
36 803
28 377

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴33199
₴38135
₴28157
₴29832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
9 978
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.

-
-
-
26 607
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.

-
-
-
2 079
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.

-
-
-
1 463
total
-
-
-
40 127
Employee

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

11 638
-
77 500
-
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.

2 079
-
2 079
-
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.

325
-
26 607
-
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.

18
-
1 463
-
total
2 422
-
30 149
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 862
77 500
-
-
income
9 879
11 625
-
-
trade
10 373
12 206
-
-
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.

543
639
-
-
chamber of commerce
141
158
-
-
total
20 936
24 628
-
-
Dividends
44 925
52 872
-
-
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.

611
721
-
-
withholding
11 116
13 103
-
-
total
11 727
13 824
-
-
Income
77 500
77 500
77 500
77 500
Total tax
35 085
38 452
30 149
40 127
After tax
42 415
39 048
47 351
37 373
Living cost
9 216
9 216
9 216
9 216
Free-cash
33 199
29 832
38 135
28 157

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴47757
₴44113
₴44730
₴49413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
18 826
health
-
-
-
1 976
social contributions
-
-
-
4 923
total
-
-
-
25 725
Employee
23 397
23 397
73 520
-
health
181
398
1 250
-
income
2 548
2 166
18 494
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
22 363
-
Employer
23 397
23 397
73 520
-
health
197
433
1 360
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 979
-
Corporate
65 760
51 728
-
-
income
8 220
6 466
-
-
total
8 220
6 466
-
-
Dividends
57 540
45 262
-
-
withholding
9 782
7 695
-
-
total
9 782
7 695
-
-
Income
77 500
77 500
77 500
77 500
Total tax
22 698
21 042
26 342
25 725
After tax
54 802
56 458
51 158
51 775
Living cost
7 045
7 045
7 045
7 045
Free-cash
47 757
49 413
44 113
44 730

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴34232
₴24039
₴30427
₴34538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
10 597
social contributions

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

-
-
-
26 932
surtax
-
-
-
-
total
-
-
-
37 529
Employee
13 994
-
62 626
-
income
2 911
-
21 917
-
social contributions
1 539
-
6 889
-
surtax
-
-
238
-
total
4 450
-
29 044
-
Employer
13 994
-
62 626
-
social contributions
3 324
-
14 873
-
total
3 324
-
14 873
-
Corporate
60 182
77 500
-
-
income
12 638
16 275
-
-
surtax
-
-
-
-
total
12 638
16 275
-
-
Dividends
47 544
61 225
-
-
withholding
13 312
17 143
-
-
total
13 312
17 143
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 724
33 418
43 917
37 529
After tax
43 776
44 082
33 583
39 971
Living cost
9 544
9 544
9 544
9 544
Free-cash
34 232
34 538
24 039
30 427

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴70825
₴59642
₴74367
₴71267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 500
microenterprise

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

-
-
-
775
total
-
-
-
775
Employee
2 948
-
77 500
-
income
589
-
15 500
-
total
589
-
15 500
-
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%.

74 552
77 500
-
-
total
-
-
-
-
Dividends
74 552
77 500
-
-
withholding
3 728
3 875
-
-
total
3 728
3 875
-
-
Income
77 500
77 500
77 500
77 500
Total tax
4 317
3 875
15 500
775
After tax
73 183
73 625
62 000
76 725
Living cost
2 358
2 358
2 358
2 358
Free-cash
70 825
71 267
59 642
74 367

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴42653
₴25182
₴26865
₴45198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
pensions
-
-
-
14 153
unemployment
-
-
-
116
income
-
-
-
20 579
health
-
-
-
7 626
total
-
-
-
42 474
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.

13 455
-
67 059
-
health
869
-
4 332
-
unemployment
19
-
94
-
pensions
2 086
-
10 394
-
income
2 320
-
18 896
-
total
5 294
-
33 716
-
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.

13 455
-
67 059
-
health
896
-
4 466
-
pensions
1 191
-
5 935
-
unemployment
8
-
40
-
total
2 095
-
10 441
-
Corporate
61 950
77 500
-
-
income
11 770
14 725
-
-
total
11 770
14 725
-
-
Dividends
50 180
62 775
-
-
withholding
7 527
9 416
-
-
total
7 527
9 416
-
-
Income
77 500
77 500
77 500
77 500
Total tax
26 686
24 141
44 157
42 474
After tax
50 814
53 359
33 343
35 026
Living cost
8 161
8 161
8 161
8 161
Free-cash
42 653
45 198
25 182
26 865

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴38786
₴42600
₴52906
₴37722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
11 625
health

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

-
-
-
1 924
total
-
-
-
13 549
Employee
13 958
-
76 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
21 055
-
total
2 913
-
22 455
-
Employer
13 958
-
76 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
62 143
77 500
-
-
income
21 750
27 125
-
-
total
21 750
27 125
-
-
Dividends
40 393
50 375
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 669
28 733
23 855
13 549
After tax
49 831
48 767
53 645
63 951
Living cost
11 045
11 045
11 045
11 045
Free-cash
38 786
37 722
42 600
52 906

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴40988
₴41018
₴43318
₴40830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
11 625
health
-
-
-
5 410
social contributions
-
-
-
10 695
total
-
-
-
27 730
Employee
10 317
-
77 500
-
health
720
-
5 410
-
income
1 721
-
13 925
-
social contributions
1 424
-
10 695
-
total
3 865
-
30 030
-
Employer
10 317
-
77 500
-
total
-
-
-
-
Corporate
67 183
77 500
-
-
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%.

3 359
3 875
-
-
total
3 359
3 875
-
-
Dividends
63 824
73 625
-
-
social contributions
8 808
10 160
-
-
withholding
9 573
11 044
-
-
health
4 455
5 139
-
-
total
22 836
26 343
-
-
Income
77 500
77 500
77 500
77 500
Total tax
30 060
30 218
30 030
27 730
After tax
47 440
47 282
47 470
49 770
Living cost
6 452
6 452
6 452
6 452
Free-cash
40 988
40 830
41 018
43 318

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴41804
₴34841
₴38399
₴44842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
8 564
health
-
-
-
10 462
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 612
total
-
-
-
30 584
Employee
12 525
-
63 289
-
health
1 691
-
8 544
-
solidarity contribution
-
-
1 293
-
income
1 503
-
7 880
-
social contributions
814
-
2 214
-
total
4 008
-
19 931
-
Employer
12 525
-
63 289
-
health
1 127
-
5 696
-
social contributions
3 131
-
8 515
-
total
4 258
-
14 211
-
Corporate
60 716
77 500
-
-
income
11 536
14 725
-
-
total
11 536
14 725
-
-
Dividends
49 180
62 775
-
-
withholding
7 377
9 416
-
-
total
7 377
9 416
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 179
24 141
34 142
30 584
After tax
50 321
53 359
43 358
46 916
Living cost
8 517
8 517
8 517
8 517
Free-cash
41 804
44 842
34 841
38 399

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴69261
₴58325
₴73050
₴69950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
77 500
microenterprise

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

-
-
-
775
total
-
-
-
775
Employee
4 594
-
77 500
-
income
919
-
15 500
-
total
919
-
15 500
-
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%.

72 906
77 500
-
-
total
-
-
-
-
Dividends
72 906
77 500
-
-
withholding
3 645
3 875
-
-
total
3 645
3 875
-
-
Income
77 500
77 500
77 500
77 500
Total tax
4 564
3 875
15 500
775
After tax
72 936
73 625
62 000
76 725
Living cost
3 675
3 675
3 675
3 675
Free-cash
69 261
69 950
58 325
73 050

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴26456
₴24083
₴26928
₴24363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
15 701
other
-
-
-
2 403
health
-
-
-
4 023
social contributions
-
-
-
2 208
pensions
-
-
-
11 541
surtax
-
-
-
-
total
-
-
-
35 876
Employee
19 057
-
58 719
-
pensions
2 155
-
4 607
-
income
1 663
-
13 660
-
social contributions
543
-
1 673
-
surtax
-
-
-
-
total
4 361
-
19 940
-
Employer
19 057
-
58 719
-
health
1 334
-
6 052
-
social contributions
57
-
176
-
pensions
3 131
-
7 661
-
unemployment
772
-
2 378
-
other
658
-
2 514
-
total
5 952
-
18 781
-
Corporate
52 491
77 500
-
-
income
14 697
21 700
-
-
surtax
-
-
-
-
total
14 697
21 700
-
-
Dividends
37 794
55 800
-
-
social contributions
6 500
9 598
-
-
surtax
-
-
-
-
withholding
4 838
7 143
-
-
total
11 338
16 741
-
-
Income
77 500
77 500
77 500
77 500
Total tax
36 348
38 441
38 721
35 876
After tax
41 152
39 059
38 779
41 624
Living cost
14 696
14 696
14 696
14 696
Free-cash
26 456
24 363
24 083
26 928

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴49257
₴45671
₴45672
₴50748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
18 108
health
-
-
-
2 309
total
-
-
-
26 582
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.

7 911
-
73 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
18 108
-
total
2 664
-
22 570
-
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.

7 911
-
73 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
68 173
77 500
-
-
income
10 226
11 625
-
-
total
10 226
11 625
-
-
Dividends
57 947
65 875
-
-
withholding
8 692
9 881
-
-
total
8 692
9 881
-
-
Income
77 500
77 500
77 500
77 500
Total tax
22 997
21 506
26 583
26 582
After tax
54 503
55 994
50 917
50 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
49 257
50 748
45 671
45 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴23601
₴37422
₴39423
₴14750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions
-
-
-
7 130
city
-
-
-
817
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.

-
-
-
1 550
health
-
-
-
174
regional
-
-
-
4 867
national
-
-
-
2 850
total
-
-
-
17 388
Employee
24 212
-
70 156
-
health
55
-
158
-
unemployment
-
-
-
-
city
260
-
764
-
pensions
2 034
-
5 011
-
regional
793
-
4 424
-
national
115
-
2 460
-
total
3 257
-
12 817
-
Employer
24 212
-
70 156
-
health
55
-
158
-
pensions
2 034
-
5 011
-
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.

484
-
1 403
-
total
2 573
-
6 572
-
Corporate
50 449
77 500
-
-
regional
10 670
16 391
-
-
national
4 288
6 587
-
-
total
14 958
22 978
-
-
Dividends
35 491
54 521
-
-
withholding
12 422
19 083
-
-
total
12 422
19 083
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 210
42 061
19 389
17 388
After tax
44 290
35 439
58 111
60 112
Living cost
20 689
20 689
20 689
20 689
Free-cash
23 601
14 750
37 422
39 423

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
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.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
₴36337
₴25956
₴34832
₴35140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
77 500
municipal
-
-
-
13 758
health
-
-
-
1 066
national
-
-
-
16 162
total
-
-
-
30 986
Employee
16 008
-
65 197
-
health
120
-
877
-
unemployment
240
-
978
-
pensions
1 080
-
4 401
-
national
264
-
10 695
-
municipal
2 622
-
10 609
-
total
4 326
-
27 560
-
Employer
16 008
-
65 197
-
health
123
-
502
-
pensions
2 777
-
11 311
-
accident
16
-
65
-
unemployment
104
-
424
-
total
3 020
-
12 302
-
Corporate
58 471
77 500
-
-
income
11 694
15 500
-
-
total
11 694
15 500
-
-
Dividends

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

35 083
46 500
-
-
municipal
6 315
8 370
-
-
national
4 126
6 808
-
-
total
10 441
15 178
-
-
Income
77 500
77 500
77 500
77 500
Total tax
29 481
30 678
39 862
30 986
After tax
48 019
46 822
37 638
46 514
Living cost
11 682
11 682
11 682
11 682
Free-cash
36 337
35 140
25 956
34 832

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Brussels , Belgium
₴27637
₴14855
₴22660
₴30931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
communal

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

-
-
-
4 195
social contributions
-
-
-
7 586
national
-
-
-
31 965
total
-
-
-
43 746
Employee

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

21 765
-
60 026
-
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.

1 023
-
2 822
-
communal

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

1 135
-
3 131
-
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.

189
-
522
-
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.

1 632
-
4 502
-
national
6 691
-
23 099
-
total
10 670
-
34 076
-
Employer

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

21 765
-
60 026
-
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.

1 338
-
3 691
-
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.

1 929
-
5 319
-
surtax
2 468
-
6 807
-
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.

283
-
781
-
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.

318
-
877
-
total
6 336
-
17 475
-
Corporate
49 400
77 500
-
-
income
9 880
17 278
-
-
surtax
197
345
-
-
total
10 077
17 623
-
-
Dividends
39 323
59 876
-
-
withholding

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

11 686
17 852
-
-
total
11 686
17 852
-
-
Income
77 500
77 500
77 500
77 500
Total tax
38 769
35 475
51 551
43 746
After tax
38 731
42 025
25 949
33 754
Living cost
11 094
11 094
11 094
11 094
Free-cash
27 637
30 931
14 855
22 660

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴28826
₴25095
₴25415
₴29121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
unemployment
-
-
-
29
municipal
-
-
-
20 612
other
-
-
-
3 360
health
-
-
-
1 804
national
-
-
-
9 902
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
38 891
Employee
18 801
-
68 414
-
national
-
-
9 725
-
municipal
5 606
-
20 401
-
total
5 606
-
30 126
-
Employer
18 801
-
68 414
-
health
1 156
-
1 778
-
pensions
2 032
-
3 126
-
accident
38
-
58
-
unemployment
496
-
763
-
other
2 185
-
3 360
-
total
5 907
-
9 085
-
Corporate
52 792
77 500
-
-
income
11 614
17 050
-
-
total
11 614
17 050
-
-
Dividends
41 178
60 450
-
-
withholding
12 353
18 135
-
-
total
12 353
18 135
-
-
Income
77 500
77 500
77 500
77 500
Total tax
35 480
35 185
39 211
38 891
After tax
42 020
42 315
38 289
38 609
Living cost
13 194
13 194
13 194
13 194
Free-cash
28 826
29 121
25 095
25 415

Estimated living cost  is ₴13194 per week

₴8745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴16286
₴58343
₴38878
₴32470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
15 106
social contributions
-
-
-
8 835
total
-
-
-
23 941
Employee
21 051
-
-
-
income
4 643
-
-
-
social contributions
1 726
-
246
-
total
6 369
-
246
-
Employer
21 051
-
-
-
social contributions
29 682
-
4 230
-
total
29 682
-
4 230
-
Corporate
26 768
77 500
-
-
income
5 889
17 050
-
-
total
5 889
17 050
-
-
Dividends
20 879
60 450
-
-
income
4 593
13 299
-
-
total
4 593
13 299
-
-
Income
77 500
77 500
77 500
77 500
Total tax
46 533
30 349
4 476
23 941
After tax
30 967
47 151
73 024
53 559
Living cost
14 681
14 681
14 681
14 681
Free-cash
16 286
32 470
58 343
38 878

Estimated living cost  is ₴14681 per week

₴9526
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.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴45328
₴41289
₴41906
₴46589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
18 826
health
-
-
-
1 976
social contributions
-
-
-
4 923
total
-
-
-
25 725
Employee
23 397
23 397
73 520
-
health
233
398
1 250
-
income
2 457
2 166
18 494
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
22 363
-
Employer
23 397
23 397
73 520
-
health
253
433
1 360
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 979
-
Corporate
62 414
51 728
-
-
income
7 802
6 466
-
-
total
7 802
6 466
-
-
Dividends
54 612
45 262
-
-
withholding
9 284
7 695
-
-
total
9 284
7 695
-
-
Income
77 500
77 500
77 500
77 500
Total tax
22 303
21 042
26 342
25 725
After tax
55 197
56 458
51 158
51 775
Living cost
9 869
9 869
9 869
9 869
Free-cash
45 328
46 589
41 289
41 906

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴38776
₴31665
₴38538
₴37035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
24 878
pensions
-
-
-
3 160
total
-
-
-
28 038
Employee
14 994
-
67 463
-
health
196
-
878
-
pensions
1 144
-
3 699
-
income
2 731
-
20 297
-
total
4 071
-
24 874
-
Employer
14 994
-
67 463
-
health
285
-
1 282
-
pensions
1 515
-
8 755
-
total
1 800
-
10 037
-
Corporate
60 706
77 500
-
-
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.

11 534
14 725
-
-
total
11 534
14 725
-
-
Dividends
49 171
62 775
-
-
withholding
10 395
14 816
-
-
total
10 395
14 816
-
-
Income
77 500
77 500
77 500
77 500
Total tax
27 800
29 541
34 911
28 038
After tax
49 700
47 959
42 589
49 462
Living cost
10 924
10 924
10 924
10 924
Free-cash
38 776
37 035
31 665
38 538

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴27315
₴22284
₴24784
₴28701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
municipal
-
-
-
561
regional
-
-
-
1 972
social contributions
-
-
-
15 229
national
-
-
-
22 833
total
-
-
-
40 595
Employee
25 640
-
77 500
-
social contributions
8 646
-
19 965
-
regional
387
-
1 815
-
national
4 333
-
20 797
-
municipal
153
-
518
-
total
13 519
-
43 095
-
Employer
25 640
-
77 500
-
total
-
-
-
-
Corporate
51 860
77 500
-
-
nationa
12 447
18 600
-
-
municipal
2 500
3 735
-
-
total
14 947
22 335
-
-
Dividends
36 914
55 165
-
-
withholding
9 598
14 343
-
-
total
9 598
14 343
-
-
Income
77 500
77 500
77 500
77 500
Total tax
38 064
36 678
43 095
40 595
After tax
39 436
40 822
34 405
36 905
Living cost
12 121
12 121
12 121
12 121
Free-cash
27 315
28 701
22 284
24 784

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴5279
₴36491
₴46388
-₴222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions
-
-
-
1 229
income
-
-
-
22 555
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
24 612
Employee
10 225
-
71 307
-
health
1 171
-
8 165
-
pensions
1 151
-
2 254
-
income
1 403
-
17 897
-
total
3 725
-
28 316
-
Employer
10 225
-
71 307
-
pensions
1 663
-
3 255
-
accident
171
-
1 191
-
unemployment
251
-
1 747
-
total
2 085
-
6 193
-
Corporate
65 191
77 500
-
-
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.

58 672
69 750
-
-
total
58 672
69 750
-
-
Dividends
6 519
7 750
-
-
withholding
1 239
1 472
-
-
total
1 239
1 472
-
-
Income
77 500
77 500
77 500
77 500
Total tax
65 721
71 222
34 509
24 612
After tax
11 779
6 278
42 991
52 888
Living cost
6 500
6 500
6 500
6 500
Free-cash
5 279
-222
36 491
46 388

Estimated living cost  is ₴6500 per week

₴4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴32079
₴35604
₴26513
₴28099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
trade
-
-
-
9 091
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.

-
-
-
26 607
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.

-
-
-
2 079
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.

-
-
-
1 463
total
-
-
-
39 240
Employee

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

15 139
-
77 500
-
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.

2 079
-
2 079
-
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.

1 245
-
26 607
-
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.

69
-
1 463
-
total
3 393
-
30 149
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 361
77 500
-
-
income
9 354
11 625
-
-
trade
8 949
11 121
-
-
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.

514
639
-
-
chamber of commerce
137
160
-
-
total
18 954
23 545
-
-
Dividends
43 406
53 954
-
-
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.

591
736
-
-
withholding
10 736
13 373
-
-
total
11 327
14 109
-
-
Income
77 500
77 500
77 500
77 500
Total tax
33 674
37 654
30 149
39 240
After tax
43 826
39 846
47 351
38 260
Living cost
11 747
11 747
11 747
11 747
Free-cash
32 079
28 099
35 604
26 513

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴53173
₴27839
₴22468
₴55670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 500
income
-
-
-
17 282
microenterprise
-
-
-
-
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.

-
-
-
11 658
surtax
-
-
-
19 762
total
-
-
-
48 702
Employee
8 891
-
61 950
-
income
1 583
-
14 808
-
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.

978
-
3 989
-
surtax
-
-
8 983
-
total
2 561
-
27 780
-
Employer
8 891
-
61 950
-
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.

2 142
-
8 736
-
surtax
-
-
6 815
-
total
2 142
-
15 551
-
Corporate
66 467
77 500
-
-
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%.

13 294
15 500
-
-
total
13 294
15 500
-
-
Dividends

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

53 174
62 000
-
-
total
-
-
-
-
Income
77 500
77 500
77 500
77 500
Total tax
17 997
15 500
43 331
48 702
After tax
59 503
62 000
34 169
28 798
Living cost
6 330
6 330
6 330
6 330
Free-cash
53 173
55 670
27 839
22 468

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴43955
₴44100
₴44371
₴44577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
income
-
-
-
24 587
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
29 346
Employee
5 761
-
74 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
24 442
-
total
1 980
-
26 512
-
Employer
5 761
-
74 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
70 442
77 500
-
-
income
15 497
17 050
-
-
total
15 497
17 050
-
-
Dividends
54 945
60 450
-
-
withholding
10 989
12 090
-
-
total
10 989
12 090
-
-
Income
77 500
77 500
77 500
77 500
Total tax
29 762
29 140
29 617
29 346
After tax
47 738
48 360
47 883
48 154
Living cost
3 783
3 783
3 783
3 783
Free-cash
43 955
44 577
44 100
44 371

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴40945
₴27664
₴29524
₴41914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
25 619
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
4 449
total
-
-
-
41 142
Employee
10 247
-
68 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
23 799
-
other
-
-
-
-
surtax
36
-
4 085
-
total
3 413
-
34 454
-
Employer
10 247
-
68 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
65 096
77 500
-
-
income
16 925
20 150
-
-
total
16 925
20 150
-
-
Dividends
48 171
57 350
-
-
withholding
7 226
8 602
-
-
total
7 226
8 602
-
-
Income
77 500
77 500
77 500
77 500
Total tax
29 721
28 752
43 002
41 142
After tax
47 779
48 748
34 498
36 358
Living cost
6 834
6 834
6 834
6 834
Free-cash
40 945
41 914
27 664
29 524

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴32827
₴10399
₴29908
₴32978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
77 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
310
unemployment
-
-
-
1 866
income