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
₴ 78500
per

Your estimated
City
free-cash

Valencia , Spain
₴42335
₴34153
₴35426
₴43675
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
-
-
-
78 500
unemployment
-
-
-
197
income
-
-
-
26 285
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 963
total
-
-
-
34 726
Employee
11 225
-
69 530
-
unemployment
174
-
436
-
pensions
528
-
1 323
-
income
2 164
-
25 243
-
other
11
-
28
-
total
2 877
-
27 030
-
Employer
11 225
-
69 530
-
pensions
2 649
-
6 640
-
accident
222
-
557
-
unemployment
618
-
1 547
-
other
90
-
225
-
total
3 579
-
8 969
-
Corporate
63 697
78 500
-
-
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.

9 554
11 775
-
-
total
9 554
11 775
-
-
Dividends
54 142
66 725
-
-
withholding
11 807
14 702
-
-
total
11 807
14 702
-
-
Income
78 500
78 500
78 500
78 500
Total tax
27 817
26 477
35 999
34 726
After tax
50 683
52 023
42 501
43 774
Living cost
8 348
8 348
8 348
8 348
Free-cash
42 335
43 675
34 153
35 426

Estimated living cost  is ₴8348 per week

₴5635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1765
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
₴47536
₴39971
₴40593
₴49585
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
-
-
-
78 500
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.

-
-
-
11 079
income
-
-
-
14 515
other
-
-
-
2 193
health
-
-
-
2 031
total
-
-
-
29 818
Employee
11 022
-
66 703
-
health
154
-
646
-
unemployment
110
-
461
-
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.

771
-
3 231
-
income
1 898
-
14 306
-
total
2 933
-
18 644
-
Employer
11 022
-
66 703
-
health
154
-
646
-
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.

1 874
-
7 848
-
accident
88
-
533
-
unemployment
110
-
461
-
other
551
-
2 308
-
total
2 777
-
11 796
-
Corporate
64 700
78 500
-
-
income
13 587
16 485
-
-
total
13 587
16 485
-
-
Dividends
51 113
62 015
-
-
withholding
3 578
4 341
-
-
total
3 578
4 341
-
-
Income
78 500
78 500
78 500
78 500
Total tax
22 875
20 826
30 440
29 818
After tax
55 625
57 674
48 060
48 682
Living cost
8 089
8 089
8 089
8 089
Free-cash
47 536
49 585
39 971
40 593

Estimated living cost  is ₴8089 per week

₴5715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
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.
₴1697
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
₴61723
₴63256
₴59909
₴63135
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
-
-
-
78 500
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
11 775
health
-
-
-
1 220
total
-
-
-
14 608
Employee
5 275
-
76 418
-
health
243
-
488
-
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.

463
-
932
-
income
527
-
7 642
-
total
1 291
-
9 179
-
Employer
5 275
-
76 418
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
72 190
78 500
-
-
income
7 219
7 850
-
-
total
7 219
7 850
-
-
Dividends
64 971
70 650
-
-
withholding
3 249
3 532
-
-
total
3 249
3 532
-
-
Income
78 500
78 500
78 500
78 500
Total tax
12 794
11 382
11 261
14 608
After tax
65 706
67 118
67 239
63 892
Living cost
3 983
3 983
3 983
3 983
Free-cash
61 723
63 135
63 256
59 909

Estimated living cost  is ₴3983 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
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.
₴1268
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
₴30972
₴28737
₴31686
₴29179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
78 500
income
-
-
-
16 046
other
-
-
-
2 433
health
-
-
-
4 101
social contributions
-
-
-
2 236
pensions
-
-
-
11 612
surtax
-
-
-
-
total
-
-
-
36 428
Employee
12 992
-
59 431
-
pensions
1 469
-
4 682
-
income
767
-
13 932
-
social contributions
370
-
1 694
-
surtax
-
-
-
-
total
2 606
-
20 308
-
Employer
12 992
-
59 431
-
health
910
-
6 149
-
social contributions
39
-
178
-
pensions
2 134
-
7 783
-
unemployment
526
-
2 407
-
other
448
-
2 552
-
total
4 057
-
19 069
-
Corporate
61 450
78 500
-
-
income
17 206
21 980
-
-
surtax
-
-
-
-
total
17 206
21 980
-
-
Dividends
44 244
56 520
-
-
social contributions
7 610
9 721
-
-
surtax
-
-
-
-
withholding
5 663
7 234
-
-
total
13 273
16 955
-
-
Income
78 500
78 500
78 500
78 500
Total tax
37 142
38 935
39 377
36 428
After tax
41 358
39 565
39 123
42 072
Living cost
10 386
10 386
10 386
10 386
Free-cash
30 972
29 179
28 737
31 686

Estimated living cost  is ₴10386 per week

₴6549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
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.
₴2816
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
₴24663
₴37469
₴28880
₴26522
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
-
-
-
78 500
pensions
-
-
-
3 557
income
-
-
-
29 603
health
-
-
-
3 743
total
-
-
-
36 903
Employee
25 924
25 924
72 858
-
health
3 979
3 384
3 743
-
pensions
4 666
3 557
3 557
-
income

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

4 243
4 243
15 372
-
total
12 888
11 184
22 672
-
Employer
25 924
25 924
72 858
-
health
1 802
1 802
2 239
-
pensions
1 804
1 804
2 243
-
unemployment
933
933
1 160
-
total
4 539
4 539
5 642
-
Corporate
48 355
48 037
-
-
income
9 671
9 607
-
-
total
9 671
9 607
-
-
Dividends
38 684
38 430
-
-
income
8 220
8 167
-
-
withholding
5 802
5 764
-
-
total
14 022
13 931
-
-
Income
78 500
78 500
78 500
78 500
Total tax
41 120
39 261
28 314
36 903
After tax
37 380
39 239
50 186
41 597
Living cost
12 717
12 717
12 717
12 717
Free-cash
24 663
26 522
37 469
28 880

Estimated living cost  is ₴12717 per week

₴9012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
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.
₴2356
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
₴33714
₴38703
₴28562
₴30356
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.

-
-
-
78 500
trade
-
-
-
10 141
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.

-
-
-
27 041
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.

-
-
-
2 074
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.

-
-
-
1 487
total
-
-
-
40 743
Employee

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

11 611
-
78 500
-
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.

2 074
-
2 074
-
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.

324
-
27 041
-
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
-
1 487
-
total
2 416
-
30 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 889
78 500
-
-
income
10 034
11 775
-
-
trade
10 535
12 364
-
-
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.

552
648
-
-
chamber of commerce
142
159
-
-
total
21 263
24 946
-
-
Dividends
45 627
53 555
-
-
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.

621
730
-
-
withholding
11 291
13 273
-
-
total
11 912
14 003
-
-
Income
78 500
78 500
78 500
78 500
Total tax
35 591
38 949
30 602
40 743
After tax
42 909
39 551
47 898
37 757
Living cost
9 195
9 195
9 195
9 195
Free-cash
33 714
30 356
38 703
28 562

Estimated living cost  is ₴9195 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
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.
₴2167
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
₴48504
₴44750
₴45373
₴50158
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
-
-
-
78 500
income
-
-
-
19 185
health
-
-
-
2 002
social contributions
-
-
-
4 912
total
-
-
-
26 099
Employee
23 343
23 343
74 508
-
health
181
397
1 267
-
income
2 542
2 161
18 850
-
social contributions
883
1 937
2 613
-
total
3 606
4 495
22 730
-
Employer
23 343
23 343
74 508
-
health
196
432
1 379
-
social contributions
883
1 937
2 613
-
total
1 079
2 369
3 992
-
Corporate
66 787
52 788
-
-
income
8 349
6 598
-
-
total
8 349
6 598
-
-
Dividends
58 439
46 189
-
-
withholding
9 934
7 852
-
-
total
9 934
7 852
-
-
Income
78 500
78 500
78 500
78 500
Total tax
22 968
21 314
26 722
26 099
After tax
55 532
57 186
51 778
52 401
Living cost
7 028
7 028
7 028
7 028
Free-cash
48 504
50 158
44 750
45 373

Estimated living cost  is ₴7028 per week

₴4212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
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.
₴1971
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
₴34823
₴24401
₴30912
₴35129
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.

-
-
-
78 500
income
-
-
-
10 787
social contributions

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

-
-
-
27 279
surtax
-
-
-
-
total
-
-
-
38 066
Employee
13 962
-
63 434
-
income
2 904
-
22 274
-
social contributions
1 536
-
6 978
-
surtax
-
-
259
-
total
4 440
-
29 511
-
Employer
13 962
-
63 434
-
social contributions
3 316
-
15 066
-
total
3 316
-
15 066
-
Corporate
61 222
78 500
-
-
income
12 857
16 485
-
-
surtax
-
-
-
-
total
12 857
16 485
-
-
Dividends
48 365
62 015
-
-
withholding
13 542
17 364
-
-
total
13 542
17 364
-
-
Income
78 500
78 500
78 500
78 500
Total tax
34 155
33 849
44 577
38 066
After tax
44 345
44 651
33 923
40 434
Living cost
9 522
9 522
9 522
9 522
Free-cash
34 823
35 129
24 401
30 912

Estimated living cost  is ₴9522 per week

₴7124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1677
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
₴71880
₴60530
₴75445
₴72305
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%.

-
-
-
78 500
microenterprise

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

-
-
-
785
total
-
-
-
785
Employee
2 837
-
78 500
-
income
567
-
15 700
-
total
567
-
15 700
-
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%.

75 663
78 500
-
-
total
-
-
-
-
Dividends
75 663
78 500
-
-
withholding
3 783
3 925
-
-
total
3 783
3 925
-
-
Income
78 500
78 500
78 500
78 500
Total tax
4 350
3 925
15 700
785
After tax
74 150
74 575
62 800
77 715
Living cost
2 270
2 270
2 270
2 270
Free-cash
71 880
72 305
60 530
75 445

Estimated living cost  is ₴2270 per week

₴1407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
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.
₴612
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
₴43366
₴25522
₴27226
₴45905
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.

-
-
-
78 500
pensions
-
-
-
14 336
unemployment
-
-
-
118
income
-
-
-
20 954
health
-
-
-
7 724
total
-
-
-
43 132
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.

13 424
-
67 924
-
health
867
-
4 388
-
unemployment
19
-
95
-
pensions
2 081
-
10 528
-
income
2 315
-
19 249
-
total
5 282
-
34 260
-
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.

13 424
-
67 924
-
health
894
-
4 524
-
pensions
1 188
-
6 011
-
unemployment
8
-
41
-
total
2 090
-
10 576
-
Corporate
62 986
78 500
-
-
income
11 967
14 915
-
-
total
11 967
14 915
-
-
Dividends
51 019
63 585
-
-
withholding
7 653
9 538
-
-
total
7 653
9 538
-
-
Income
78 500
78 500
78 500
78 500
Total tax
26 992
24 453
44 836
43 132
After tax
51 508
54 047
33 664
35 368
Living cost
8 142
8 142
8 142
8 142
Free-cash
43 366
45 905
25 522
27 226

Estimated living cost  is ₴8142 per week

₴5588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
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.
₴1875
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
₴39462
₴43269
₴53766
₴38401
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.

-
-
-
78 500
income
-
-
-
11 775
health

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

-
-
-
1 939
total
-
-
-
13 714
Employee
13 926
-
77 104
-
social contributions
1 395
-
1 396
-
income
1 511
-
21 419
-
total
2 906
-
22 815
-
Employer
13 926
-
77 104
-
social contributions
1 395
-
1 396
-
total
1 395
-
1 396
-
Corporate
63 179
78 500
-
-
income
22 113
27 475
-
-
total
22 113
27 475
-
-
Dividends
41 066
51 025
-
-
social contributions
1 604
1 604
-
-
total
1 604
1 604
-
-
Income
78 500
78 500
78 500
78 500
Total tax
28 018
29 079
24 211
13 714
After tax
50 482
49 421
54 289
64 786
Living cost
11 020
11 020
11 020
11 020
Free-cash
39 462
38 401
43 269
53 766

Estimated living cost  is ₴11020 per week

₴7259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
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.
₴2723
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
₴41612
₴41622
₴43976
₴41456
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
-
-
-
78 500
income
-
-
-
11 775
health
-
-
-
5 479
social contributions
-
-
-
10 833
total
-
-
-
28 087
Employee
10 293
-
78 500
-
health
718
-
5 479
-
income
1 717
-
14 129
-
social contributions
1 421
-
10 833
-
total
3 856
-
30 441
-
Employer
10 293
-
78 500
-
total
-
-
-
-
Corporate
68 207
78 500
-
-
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%.

3 410
3 925
-
-
total
3 410
3 925
-
-
Dividends
64 797
74 575
-
-
social contributions
8 942
10 291
-
-
withholding
9 720
11 186
-
-
health
4 523
5 205
-
-
total
23 185
26 682
-
-
Income
78 500
78 500
78 500
78 500
Total tax
30 451
30 607
30 441
28 087
After tax
48 049
47 893
48 059
50 413
Living cost
6 437
6 437
6 437
6 437
Free-cash
41 612
41 456
41 622
43 976

Estimated living cost  is ₴6437 per week

₴4308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
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.
₴1584
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
₴42507
₴35479
₴39091
₴45541
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
-
-
-
78 500
income
-
-
-
8 695
health
-
-
-
10 598
social contributions
-
-
-
9 933
solidarity contribution
-
-
-
1 677
total
-
-
-
30 903
Employee
12 509
-
64 217
-
health
1 689
-
8 669
-
solidarity contribution
-
-
1 352
-
income
1 501
-
8 000
-
social contributions
813
-
2 211
-
total
4 003
-
20 232
-
Employer
12 509
-
64 217
-
health
1 126
-
5 779
-
social contributions
3 127
-
8 504
-
total
4 253
-
14 283
-
Corporate
61 739
78 500
-
-
income
11 730
14 915
-
-
total
11 730
14 915
-
-
Dividends
50 008
63 585
-
-
withholding
7 501
9 538
-
-
total
7 501
9 538
-
-
Income
78 500
78 500
78 500
78 500
Total tax
27 487
24 453
34 515
30 903
After tax
51 013
54 047
43 985
47 597
Living cost
8 506
8 506
8 506
8 506
Free-cash
42 507
45 541
35 479
39 091

Estimated living cost  is ₴8506 per week

₴6325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
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.
₴1562
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
₴70375
₴59263
₴74178
₴71038
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%.

-
-
-
78 500
microenterprise

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

-
-
-
785
total
-
-
-
785
Employee
4 422
-
78 500
-
income
884
-
15 700
-
total
884
-
15 700
-
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%.

74 078
78 500
-
-
total
-
-
-
-
Dividends
74 078
78 500
-
-
withholding
3 704
3 925
-
-
total
3 704
3 925
-
-
Income
78 500
78 500
78 500
78 500
Total tax
4 588
3 925
15 700
785
After tax
73 912
74 575
62 800
77 715
Living cost
3 537
3 537
3 537
3 537
Free-cash
70 375
71 038
59 263
74 178

Estimated living cost  is ₴3537 per week

₴2394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴119
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.
₴876
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
₴26988
₴24461
₴27410
₴24903
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
-
-
-
78 500
income
-
-
-
16 046
other
-
-
-
2 433
health
-
-
-
4 101
social contributions
-
-
-
2 236
pensions
-
-
-
11 612
surtax
-
-
-
-
total
-
-
-
36 428
Employee
19 013
-
59 431
-
pensions
2 151
-
4 682
-
income
1 659
-
13 932
-
social contributions
542
-
1 694
-
surtax
-
-
-
-
total
4 352
-
20 308
-
Employer
19 013
-
59 431
-
health
1 331
-
6 149
-
social contributions
57
-
178
-
pensions
3 124
-
7 783
-
unemployment
770
-
2 407
-
other
656
-
2 552
-
total
5 938
-
19 069
-
Corporate
53 549
78 500
-
-
income
14 994
21 980
-
-
surtax
-
-
-
-
total
14 994
21 980
-
-
Dividends
38 555
56 520
-
-
social contributions
6 631
9 721
-
-
surtax
-
-
-
-
withholding
4 935
7 234
-
-
total
11 566
16 955
-
-
Income
78 500
78 500
78 500
78 500
Total tax
36 850
38 935
39 377
36 428
After tax
41 650
39 565
39 123
42 072
Living cost
14 662
14 662
14 662
14 662
Free-cash
26 988
24 903
24 461
27 410

Estimated living cost  is ₴14662 per week

₴9923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
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.
₴3338
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
₴50000
₴46459
₴46460
₴51486
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.

-
-
-
78 500
pensions
-
-
-
5 811
unemployment
-
-
-
335
income
-
-
-
18 362
health
-
-
-
2 302
total
-
-
-
26 810
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.

7 887
-
74 499
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 129
-
income
1 087
-
18 362
-
total
2 656
-
22 810
-
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.

7 887
-
74 499
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
69 202
78 500
-
-
income
10 380
11 775
-
-
total
10 380
11 775
-
-
Dividends
58 822
66 725
-
-
withholding
8 823
10 009
-
-
total
8 823
10 009
-
-
Income
78 500
78 500
78 500
78 500
Total tax
23 270
21 784
26 811
26 810
After tax
55 230
56 716
51 689
51 690
Living cost
5 230
5 230
5 230
5 230
Free-cash
50 000
51 486
46 459
46 460

Estimated living cost  is ₴5230 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
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
₴23949
₴37969
₴39989
₴15015
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
-
-
-
78 500
pensions
-
-
-
7 222
city
-
-
-
827
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.

-
-
-
1 570
health
-
-
-
176
regional
-
-
-
4 937
national
-
-
-
2 898
total
-
-
-
17 630
Employee
24 436
-
71 066
-
health
55
-
160
-
unemployment
-
-
-
-
city
262
-
774
-
pensions
2 053
-
5 071
-
regional
800
-
4 489
-
national
116
-
2 504
-
total
3 286
-
12 998
-
Employer
24 436
-
71 066
-
health
55
-
160
-
pensions
2 053
-
5 071
-
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.

489
-
1 421
-
total
2 597
-
6 652
-
Corporate
51 199
78 500
-
-
regional
10 829
16 603
-
-
national
4 352
6 673
-
-
total
15 181
23 276
-
-
Dividends
36 018
55 225
-
-
withholding
12 606
19 328
-
-
total
12 606
19 328
-
-
Income
78 500
78 500
78 500
78 500
Total tax
33 670
42 604
19 650
17 630
After tax
44 830
35 896
58 850
60 870
Living cost
20 881
20 881
20 881
20 881
Free-cash
23 949
15 015
37 969
39 989

Estimated living cost  is ₴20881 per week

₴13578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1874
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.
₴5172
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
₴36917
₴26348
₴35340
₴35654
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

-
-
-
78 500
municipal
-
-
-
13 935
health
-
-
-
1 082
national
-
-
-
16 488
total
-
-
-
31 505
Employee
15 971
-
66 038
-
health
119
-
890
-
unemployment
240
-
991
-
pensions
1 078
-
4 458
-
national
264
-
10 950
-
municipal
2 616
-
10 746
-
total
4 317
-
28 035
-
Employer
15 971
-
66 038
-
health
123
-
509
-
pensions
2 771
-
11 458
-
accident
16
-
66
-
unemployment
104
-
429
-
total
3 014
-
12 462
-
Corporate
59 515
78 500
-
-
income
11 903
15 700
-
-
total
11 903
15 700
-
-
Dividends

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

35 709
47 100
-
-
municipal
6 428
8 478
-
-
national
4 266
7 013
-
-
total
10 694
15 491
-
-
Income
78 500
78 500
78 500
78 500
Total tax
29 928
31 191
40 497
31 505
After tax
48 572
47 309
38 003
46 995
Living cost
11 655
11 655
11 655
11 655
Free-cash
36 917
35 654
26 348
35 340

Estimated living cost  is ₴11655 per week

₴7613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2736
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
₴28229
₴15172
₴23126
₴31440
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
-
-
-
78 500
communal

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

-
-
-
4 256
social contributions
-
-
-
7 568
national
-
-
-
32 481
total
-
-
-
44 305
Employee

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

21 714
-
60 801
-
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.

1 020
-
2 858
-
communal

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

1 133
-
3 171
-
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
-
529
-
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.

1 629
-
4 560
-
national
6 676
-
23 442
-
total
10 647
-
34 560
-
Employer

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

21 714
-
60 801
-
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.

1 335
-
3 739
-
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.

1 924
-
5 387
-
surtax
2 462
-
6 895
-
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.

282
-
790
-
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.

317
-
888
-
total
6 320
-
17 699
-
Corporate
50 465
78 500
-
-
income
10 093
17 580
-
-
surtax
202
351
-
-
total
10 295
17 931
-
-
Dividends
40 170
60 568
-
-
withholding

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

11 940
18 060
-
-
total
11 940
18 060
-
-
Income
78 500
78 500
78 500
78 500
Total tax
39 202
35 991
52 259
44 305
After tax
39 298
42 509
26 241
34 195
Living cost
11 069
11 069
11 069
11 069
Free-cash
28 229
31 440
15 172
23 126

Estimated living cost  is ₴11069 per week

₴7130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
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.
₴2798
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
₴29483
₴25628
₴25946
₴29776
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
-
-
-
78 500
unemployment
-
-
-
29
municipal
-
-
-
20 931
other
-
-
-
3 332
health
-
-
-
1 789
national
-
-
-
10 231
accident
-
-
-
57
pensions
-
-
-
3 100
total
-
-
-
39 469
Employee
18 644
-
69 490
-
national
-
-
10 055
-
municipal
5 560
-
20 722
-
total
5 560
-
30 777
-
Employer
18 644
-
69 490
-
health
1 147
-
1 764
-
pensions
2 015
-
3 100
-
accident
37
-
57
-
unemployment
492
-
757
-
other
2 167
-
3 332
-
total
5 858
-
9 010
-
Corporate
53 997
78 500
-
-
income
11 879
17 270
-
-
total
11 879
17 270
-
-
Dividends
42 118
61 230
-
-
withholding
12 635
18 369
-
-
total
12 635
18 369
-
-
Income
78 500
78 500
78 500
78 500
Total tax
35 932
35 639
39 787
39 469
After tax
42 568
42 861
38 713
39 031
Living cost
13 085
13 085
13 085
13 085
Free-cash
29 483
29 776
25 628
25 946

Estimated living cost  is ₴13085 per week

₴8672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴2930
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
₴17414
₴59665
₴39816
₴33325
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
-
-
-
78 500
income
-
-
-
15 301
social contributions
-
-
-
8 949
total
-
-
-
24 250
Employee
20 696
-
-
-
income
4 565
-
-
-
social contributions
1 697
-
242
-
total
6 262
-
242
-
Employer
20 696
-
-
-
social contributions
29 181
-
4 159
-
total
29 181
-
4 159
-
Corporate
28 623
78 500
-
-
income
6 297
17 270
-
-
total
6 297
17 270
-
-
Dividends
22 326
61 230
-
-
income
4 912
13 471
-
-
total
4 912
13 471
-
-
Income
78 500
78 500
78 500
78 500
Total tax
46 652
30 741
4 401
24 250
After tax
31 848
47 759
74 099
54 250
Living cost
14 434
14 434
14 434
14 434
Free-cash
17 414
33 325
59 665
39 816

Estimated living cost  is ₴14434 per week

₴9365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴3527
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
₴46081
₴41932
₴42555
₴47340
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
-
-
-
78 500
income
-
-
-
19 185
health
-
-
-
2 002
social contributions
-
-
-
4 912
total
-
-
-
26 099
Employee
23 343
23 343
74 508
-
health
232
397
1 267
-
income
2 451
2 161
18 850
-
social contributions
1 134
1 937
2 613
-
total
3 817
4 495
22 730
-
Employer
23 343
23 343
74 508
-
health
253
432
1 379
-
social contributions
1 134
1 937
2 613
-
total
1 387
2 369
3 992
-
Corporate
63 449
52 788
-
-
income
7 931
6 598
-
-
total
7 931
6 598
-
-
Dividends
55 518
46 189
-
-
withholding
9 438
7 852
-
-
total
9 438
7 852
-
-
Income
78 500
78 500
78 500
78 500
Total tax
22 573
21 314
26 722
26 099
After tax
55 927
57 186
51 778
52 401
Living cost
9 846
9 846
9 846
9 846
Free-cash
46 081
47 340
41 932
42 555

Estimated living cost  is ₴9846 per week

₴6731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴39334
₴32190
₴39146
₴37597
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
-
-
-
78 500
income
-
-
-
25 286
pensions
-
-
-
3 175
total
-
-
-
28 461
Employee
14 953
-
68 326
-
health
195
-
886
-
pensions
1 141
-
3 709
-
income
2 723
-
20 648
-
total
4 059
-
25 243
-
Employer
14 953
-
68 326
-
health
284
-
1 298
-
pensions
1 511
-
8 876
-
total
1 795
-
10 174
-
Corporate
61 752
78 500
-
-
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.

11 733
14 915
-
-
total
11 733
14 915
-
-
Dividends
50 019
63 585
-
-
withholding
10 686
15 095
-
-
total
10 686
15 095
-
-
Income
78 500
78 500
78 500
78 500
Total tax
28 273
30 010
35 417
28 461
After tax
50 227
48 490
43 083
50 039
Living cost
10 893
10 893
10 893
10 893
Free-cash
39 334
37 597
32 190
39 146

Estimated living cost  is ₴10893 per week

₴7473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1002
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.
₴2282
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
₴27874
₴22856
₴25349
₴29255
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
-
-
-
78 500
municipal
-
-
-
570
regional
-
-
-
2 007
social contributions
-
-
-
15 194
national
-
-
-
23 287
total
-
-
-
41 058
Employee
25 581
-
78 500
-
social contributions
8 626
-
19 919
-
regional
386
-
1 850
-
national
4 323
-
21 255
-
municipal
153
-
527
-
total
13 488
-
43 551
-
Employer
25 581
-
78 500
-
total
-
-
-
-
Corporate
52 919
78 500
-
-
nationa
12 701
18 840
-
-
municipal
2 551
3 784
-
-
total
15 252
22 624
-
-
Dividends
37 668
55 876
-
-
withholding
9 793
14 528
-
-
total
9 793
14 528
-
-
Income
78 500
78 500
78 500
78 500
Total tax
38 533
37 152
43 551
41 058
After tax
39 967
41 348
34 949
37 442
Living cost
12 093
12 093
12 093
12 093
Free-cash
27 874
29 255
22 856
25 349

Estimated living cost  is ₴12093 per week

₴8495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
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.
₴2584
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
₴5352
₴36998
₴47014
-₴198
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
-
-
-
78 500
pensions
-
-
-
1 240
income
-
-
-
22 855
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
24 930
Employee
10 313
-
72 241
-
health
1 181
-
8 272
-
pensions
1 161
-
2 273
-
income
1 415
-
18 142
-
total
3 757
-
28 687
-
Employer
10 313
-
72 241
-
pensions
1 677
-
3 283
-
accident
172
-
1 206
-
unemployment
253
-
1 770
-
total
2 102
-
6 259
-
Corporate
66 085
78 500
-
-
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.

59 477
70 650
-
-
total
59 477
70 650
-
-
Dividends
6 609
7 850
-
-
withholding
1 256
1 492
-
-
total
1 256
1 492
-
-
Income
78 500
78 500
78 500
78 500
Total tax
66 592
72 142
34 946
24 930
After tax
11 908
6 358
43 554
53 570
Living cost
6 556
6 556
6 556
6 556
Free-cash
5 352
-198
36 998
47 014

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
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.
₴1251
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
₴32611
₴36178
₴26939
₴28638
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.

-
-
-
78 500
trade
-
-
-
9 239
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.

-
-
-
27 041
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.

-
-
-
2 074
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.

-
-
-
1 487
total
-
-
-
39 841
Employee

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

15 104
-
78 500
-
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.

2 074
-
2 074
-
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.

1 242
-
27 041
-
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
-
1 487
-
total
3 385
-
30 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 396
78 500
-
-
income
9 509
11 775
-
-
trade
9 097
11 265
-
-
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
648
-
-
chamber of commerce
139
161
-
-
total
19 268
23 849
-
-
Dividends
44 127
54 651
-
-
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.

600
745
-
-
withholding
10 916
13 548
-
-
total
11 516
14 293
-
-
Income
78 500
78 500
78 500
78 500
Total tax
34 169
38 142
30 602
39 841
After tax
44 331
40 358
47 898
38 659
Living cost
11 720
11 720
11 720
11 720
Free-cash
32 611
28 638
36 178
26 939

Estimated living cost  is ₴11720 per week

₴8085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
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.
₴2204
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
₴53993
₴28350
₴22923
₴56484
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.

-
-
-
78 500
income
-
-
-
17 612
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.

-
-
-
11 631
surtax
-
-
-
20 018
total
-
-
-
49 261
Employee
8 870
-
62 869
-
income
1 579
-
15 106
-
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.

976
-
3 980
-
surtax
-
-
9 116
-
total
2 555
-
28 202
-
Employer
8 870
-
62 869
-
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.

2 137
-
8 716
-
surtax
-
-
6 916
-
total
2 137
-
15 632
-
Corporate
67 493
78 500
-
-
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%.

13 499
15 700
-
-
total
13 499
15 700
-
-
Dividends

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

53 994
62 800
-
-
total
-
-
-
-
Income
78 500
78 500
78 500
78 500
Total tax
18 191
15 700
43 834
49 261
After tax
60 309
62 800
34 666
29 239
Living cost
6 316
6 316
6 316
6 316
Free-cash
53 993
56 484
28 350
22 923

Estimated living cost  is ₴6316 per week

₴4029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1542
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
₴44516
₴44659
₴44932
₴45145
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
-
-
-
78 500
income
-
-
-
24 899
health
-
-
-
2 030
pensions
-
-
-
2 800
total
-
-
-
29 729
Employee
5 847
-
75 350
-
health
292
-
700
-
unemployment
58
-
140
-
pensions
526
-
1 260
-
income
1 131
-
24 752
-
total
2 007
-
26 852
-
Employer
5 847
-
75 350
-
health
555
-
1 330
-
pensions
643
-
1 540
-
unemployment
117
-
280
-
total
1 315
-
3 150
-
Corporate
71 337
78 500
-
-
income
15 694
17 270
-
-
total
15 694
17 270
-
-
Dividends
55 643
61 230
-
-
withholding
11 129
12 246
-
-
total
11 129
12 246
-
-
Income
78 500
78 500
78 500
78 500
Total tax
30 145
29 516
30 002
29 729
After tax
48 355
48 984
48 498
48 771
Living cost
3 839
3 839
3 839
3 839
Free-cash
44 516
45 145
44 659
44 932

Estimated living cost  is ₴3839 per week

₴2281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1158
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
₴41592
₴28143
₴29998
₴42557
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
-
-
-
78 500
pensions
-
-
-
8 103
unemployment
-
-
-
69
income
-
-
-
26 090
other
-
-
-
-
health
-
-
-
2 876
surtax
-
-
-
4 545
total
-
-
-
41 683
Employee
10 223
-
69 972
-
health
261
-
1 033
-
unemployment
711
-
2 820
-
pensions
682
-
2 702
-
income
1 714
-
24 274
-
other
-
-
-
-
surtax
36
-
4 181
-
total
3 404
-
35 010
-
Employer
10 223
-
69 972
-
health
465
-
1 843
-
pensions
1 363
-
5 401
-
unemployment
324
-
1 284
-
other
-
-
-
-
total
2 152
-
8 528
-
Corporate
66 125
78 500
-
-
income
17 193
20 410
-
-
total
17 193
20 410
-
-
Dividends
48 932
58 090
-
-
withholding
7 340
8 714
-
-
total
7 340
8 714
-
-
Income
78 500
78 500
78 500
78 500
Total tax
30 089
29 124
43 538
41 683
After tax
48 411
49 376
34 962
36 817
Living cost
6 819
6 819
6 819
6 819
Free-cash
41 592
42 557
28 143
29 998

Estimated living cost  is ₴6819 per week

₴4117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴1951
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
₴33394
₴10646
₴30423
₴33544
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
-
-
-
78 500
pensions
-
-
-
6 561
chamber of commerce
-
-
-
314
unemployment
-
-
-
1 862
income