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
₴ 80000
per

Your estimated
City
free-cash

Valencia , Spain
₴43312
₴34974
₴36247
₴44653
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
-
-
-
80 000
unemployment
-
-
-
197
income
-
-
-
26 956
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 966
total
-
-
-
35 401
Employee
11 230
-
71 025
-
unemployment
174
-
436
-
pensions
528
-
1 323
-
income
2 165
-
25 913
-
other
11
-
28
-
total
2 878
-
27 700
-
Employer
11 230
-
71 025
-
pensions
2 650
-
6 644
-
accident
222
-
557
-
unemployment
618
-
1 548
-
other
90
-
225
-
total
3 580
-
8 974
-
Corporate
65 189
80 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

9 779
12 000
-
-
total
9 779
12 000
-
-
Dividends
55 411
68 000
-
-
withholding
12 099
14 995
-
-
total
12 099
14 995
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 336
26 995
36 674
35 401
After tax
51 664
53 005
43 326
44 599
Living cost
8 352
8 352
8 352
8 352
Free-cash
43 312
44 653
34 974
36 247

Estimated living cost  is ₴8352 per week

₴5637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
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
₴48632
₴41074
₴41709
₴50683
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
-
-
-
80 000
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.

-
-
-
11 085
income
-
-
-
14 887
other
-
-
-
2 194
health
-
-
-
2 032
total
-
-
-
30 198
Employee
11 028
-
68 186
-
health
154
-
647
-
unemployment
110
-
462
-
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.

772
-
3 233
-
income
1 899
-
14 676
-
total
2 935
-
19 018
-
Employer
11 028
-
68 186
-
health
154
-
647
-
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.

1 875
-
7 852
-
accident
88
-
545
-
unemployment
110
-
462
-
other
552
-
2 309
-
total
2 779
-
11 815
-
Corporate
66 193
80 000
-
-
income
13 901
16 800
-
-
total
13 901
16 800
-
-
Dividends
52 292
63 200
-
-
withholding
3 660
4 424
-
-
total
3 660
4 424
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 275
21 224
30 833
30 198
After tax
56 725
58 776
49 167
49 802
Living cost
8 093
8 093
8 093
8 093
Free-cash
48 632
50 683
41 074
41 709

Estimated living cost  is ₴8093 per week

₴5718
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.
₴1698
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
₴63006
₴64606
₴61185
₴64417
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
-
-
-
80 000
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
12 000
health
-
-
-
1 220
total
-
-
-
14 832
Employee
5 274
-
77 918
-
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
-
7 792
-
total
1 291
-
9 329
-
Employer
5 274
-
77 918
-
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
73 691
80 000
-
-
income
7 369
8 000
-
-
total
7 369
8 000
-
-
Dividends
66 322
72 000
-
-
withholding
3 316
3 600
-
-
total
3 316
3 600
-
-
Income
80 000
80 000
80 000
80 000
Total tax
13 011
11 600
11 411
14 832
After tax
66 989
68 400
68 589
65 168
Living cost
3 983
3 983
3 983
3 983
Free-cash
63 006
64 417
64 606
61 185

Estimated living cost  is ₴3983 per week

₴2325
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
₴31724
₴29289
₴32374
₴29929
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
-
-
-
80 000
income
-
-
-
16 526
other
-
-
-
2 480
health
-
-
-
4 210
social contributions
-
-
-
2 280
pensions
-
-
-
11 739
surtax
-
-
-
-
total
-
-
-
37 235
Employee
12 999
-
60 511
-
pensions
1 470
-
4 790
-
income
767
-
14 316
-
social contributions
371
-
1 724
-
surtax
-
-
-
-
total
2 608
-
20 830
-
Employer
12 999
-
60 511
-
health
910
-
6 288
-
social contributions
39
-
182
-
pensions
2 135
-
7 960
-
unemployment
526
-
2 451
-
other
448
-
2 609
-
total
4 058
-
19 490
-
Corporate
62 942
80 000
-
-
income
17 623
22 400
-
-
surtax
-
-
-
-
total
17 623
22 400
-
-
Dividends
45 319
57 600
-
-
social contributions
7 795
9 907
-
-
surtax
-
-
-
-
withholding
5 801
7 373
-
-
total
13 596
17 280
-
-
Income
80 000
80 000
80 000
80 000
Total tax
37 885
39 680
40 320
37 235
After tax
42 115
40 320
39 680
42 765
Living cost
10 391
10 391
10 391
10 391
Free-cash
31 724
29 929
29 289
32 374

Estimated living cost  is ₴10391 per week

₴6552
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.
₴2818
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
₴25418
₴38421
₴29600
₴27280
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
-
-
-
80 000
pensions
-
-
-
3 558
income
-
-
-
30 374
health
-
-
-
3 745
total
-
-
-
37 677
Employee
25 936
25 936
74 356
-
health
3 981
3 386
3 745
-
pensions
4 669
3 558
3 558
-
income

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

4 245
4 245
15 909
-
total
12 895
11 189
23 212
-
Employer
25 936
25 936
74 356
-
health
1 803
1 803
2 240
-
pensions
1 805
1 805
2 244
-
unemployment
934
934
1 160
-
total
4 542
4 542
5 644
-
Corporate
49 840
49 522
-
-
income
9 968
9 904
-
-
total
9 968
9 904
-
-
Dividends
39 872
39 618
-
-
income
8 473
8 419
-
-
withholding
5 981
5 943
-
-
total
14 454
14 362
-
-
Income
80 000
80 000
80 000
80 000
Total tax
41 859
39 997
28 856
37 677
After tax
38 141
40 003
51 144
42 323
Living cost
12 723
12 723
12 723
12 723
Free-cash
25 418
27 280
38 421
29 600

Estimated living cost  is ₴12723 per week

₴9017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
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.
₴2357
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
₴34466
₴39536
₴29160
₴31106
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.

-
-
-
80 000
trade
-
-
-
10 376
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.

-
-
-
27 668
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.

-
-
-
2 075
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.

-
-
-
1 522
total
-
-
-
41 641
Employee

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

11 617
-
80 000
-
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.

2 075
-
2 075
-
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
-
27 668
-
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
-
1 522
-
total
2 417
-
31 265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 383
80 000
-
-
income
10 258
12 000
-
-
trade
10 771
12 600
-
-
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.

564
660
-
-
chamber of commerce
144
161
-
-
total
21 737
25 421
-
-
Dividends
46 647
54 579
-
-
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.

635
744
-
-
withholding
11 546
13 530
-
-
total
12 181
14 274
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 335
39 695
31 265
41 641
After tax
43 665
40 305
48 735
38 359
Living cost
9 199
9 199
9 199
9 199
Free-cash
34 466
31 106
39 536
29 160

Estimated living cost  is ₴9199 per week

₴5787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
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.
₴2168
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
₴49589
₴45689
₴46321
₴51244
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
-
-
-
80 000
income
-
-
-
19 693
health
-
-
-
2 040
social contributions
-
-
-
4 914
total
-
-
-
26 647
Employee
23 355
23 355
75 980
-
health
181
397
1 292
-
income
2 543
2 162
19 353
-
social contributions
883
1 938
2 614
-
total
3 607
4 497
23 259
-
Employer
23 355
23 355
75 980
-
health
197
432
1 406
-
social contributions
883
1 938
2 614
-
total
1 080
2 370
4 020
-
Corporate
68 282
54 275
-
-
income
8 535
6 784
-
-
total
8 535
6 784
-
-
Dividends
59 746
47 491
-
-
withholding
10 157
8 073
-
-
total
10 157
8 073
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 379
21 724
27 279
26 647
After tax
56 621
58 276
52 721
53 353
Living cost
7 032
7 032
7 032
7 032
Free-cash
49 589
51 244
45 689
46 321

Estimated living cost  is ₴7032 per week

₴4214
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.
₴1972
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
₴35670
₴24933
₴31616
₴35977
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.

-
-
-
80 000
income
-
-
-
11 057
social contributions

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

-
-
-
27 800
surtax
-
-
-
-
total
-
-
-
38 857
Employee
13 969
-
64 646
-
income
2 906
-
22 789
-
social contributions
1 537
-
7 111
-
surtax
-
-
286
-
total
4 443
-
30 186
-
Employer
13 969
-
64 646
-
social contributions
3 318
-
15 354
-
total
3 318
-
15 354
-
Corporate
62 714
80 000
-
-
income
13 170
16 800
-
-
surtax
-
-
-
-
total
13 170
16 800
-
-
Dividends
49 544
63 200
-
-
withholding
13 872
17 696
-
-
total
13 872
17 696
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 803
34 496
45 540
38 857
After tax
45 197
45 504
34 460
41 143
Living cost
9 527
9 527
9 527
9 527
Free-cash
35 670
35 977
24 933
31 616

Estimated living cost  is ₴9527 per week

₴7128
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.
₴1678
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
₴73310
₴61734
₴76934
₴73734
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%.

-
-
-
80 000
microenterprise

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

-
-
-
800
total
-
-
-
800
Employee
2 832
-
80 000
-
income
566
-
16 000
-
total
566
-
16 000
-
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%.

77 168
80 000
-
-
total
-
-
-
-
Dividends
77 168
80 000
-
-
withholding
3 858
4 000
-
-
total
3 858
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
4 424
4 000
16 000
800
After tax
75 576
76 000
64 000
79 200
Living cost
2 266
2 266
2 266
2 266
Free-cash
73 310
73 734
61 734
76 934

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
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.
₴611
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
₴44394
₴26027
₴27763
₴46934
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.

-
-
-
80 000
pensions
-
-
-
14 610
unemployment
-
-
-
120
income
-
-
-
21 489
health
-
-
-
7 872
total
-
-
-
44 091
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.

13 431
-
69 222
-
health
867
-
4 471
-
unemployment
19
-
97
-
pensions
2 082
-
10 730
-
income
2 316
-
19 752
-
total
5 284
-
35 050
-
Employer

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

13 431
-
69 222
-
health
895
-
4 610
-
pensions
1 188
-
6 126
-
unemployment
8
-
41
-
total
2 091
-
10 777
-
Corporate
64 478
80 000
-
-
income
12 251
15 200
-
-
total
12 251
15 200
-
-
Dividends
52 227
64 800
-
-
withholding
7 834
9 720
-
-
total
7 834
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 460
24 920
45 827
44 091
After tax
52 540
55 080
34 173
35 909
Living cost
8 146
8 146
8 146
8 146
Free-cash
44 394
46 934
26 027
27 763

Estimated living cost  is ₴8146 per week

₴5591
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.
₴1876
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
₴40431
₴44239
₴55036
₴39370
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.

-
-
-
80 000
income
-
-
-
12 000
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
-
-
-
13 939
Employee
13 933
-
78 603
-
social contributions
1 396
-
1 397
-
income
1 512
-
21 942
-
total
2 908
-
23 339
-
Employer
13 933
-
78 603
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
64 671
80 000
-
-
income
22 635
28 000
-
-
total
22 635
28 000
-
-
Dividends
42 036
52 000
-
-
social contributions
1 605
1 605
-
-
total
1 605
1 605
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 544
29 605
24 736
13 939
After tax
51 456
50 395
55 264
66 061
Living cost
11 025
11 025
11 025
11 025
Free-cash
40 431
39 370
44 239
55 036

Estimated living cost  is ₴11025 per week

₴7262
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.
₴2724
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
₴42525
₴23029
₴44936
₴42367
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
-
-
-
80 000
income
-
-
-
12 000
health
-
-
-
5 584
social contributions
-
-
-
11 040
total
-
-
-
28 624
Employee
10 298
-
80 000
-
health
719
-
5 584
-
income
1 718
-
33 907
-
social contributions
1 421
-
11 040
-
total
3 858
-
50 531
-
Employer
10 298
-
80 000
-
total
-
-
-
-
Corporate
69 702
80 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

3 485
4 000
-
-
total
3 485
4 000
-
-
Dividends
66 217
76 000
-
-
social contributions
9 138
10 488
-
-
withholding
9 932
11 400
-
-
health
4 622
5 305
-
-
total
23 692
27 193
-
-
Income
80 000
80 000
80 000
80 000
Total tax
31 035
31 193
50 531
28 624
After tax
48 965
48 807
29 469
51 376
Living cost
6 440
6 440
6 440
6 440
Free-cash
42 525
42 367
23 029
44 936

Estimated living cost  is ₴6440 per week

₴4310
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
₴43538
₴36405
₴40102
₴46573
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
-
-
-
80 000
income
-
-
-
8 890
health
-
-
-
10 800
social contributions
-
-
-
9 934
solidarity contribution
-
-
-
1 767
total
-
-
-
31 391
Employee
12 511
-
65 591
-
health
1 689
-
8 855
-
solidarity contribution
-
-
1 435
-
income
1 501
-
8 179
-
social contributions
813
-
2 211
-
total
4 003
-
20 680
-
Employer
12 511
-
65 591
-
health
1 126
-
5 903
-
social contributions
3 128
-
8 505
-
total
4 254
-
14 408
-
Corporate
63 236
80 000
-
-
income
12 015
15 200
-
-
total
12 015
15 200
-
-
Dividends
51 221
64 800
-
-
withholding
7 683
9 720
-
-
total
7 683
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
27 955
24 920
35 088
31 391
After tax
52 045
55 080
44 912
48 609
Living cost
8 507
8 507
8 507
8 507
Free-cash
43 538
46 573
36 405
40 102

Estimated living cost  is ₴8507 per week

₴6327
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
₴71807
₴60469
₴75669
₴72469
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%.

-
-
-
80 000
microenterprise

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

-
-
-
800
total
-
-
-
800
Employee
4 414
-
80 000
-
income
883
-
16 000
-
total
883
-
16 000
-
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%.

75 586
80 000
-
-
total
-
-
-
-
Dividends
75 586
80 000
-
-
withholding
3 779
4 000
-
-
total
3 779
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
4 662
4 000
16 000
800
After tax
75 338
76 000
64 000
79 200
Living cost
3 531
3 531
3 531
3 531
Free-cash
71 807
72 469
60 469
75 669

Estimated living cost  is ₴3531 per week

₴2389
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.
₴118
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.
₴875
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
₴27739
₴25011
₴28096
₴25651
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
-
-
-
80 000
income
-
-
-
16 526
other
-
-
-
2 480
health
-
-
-
4 210
social contributions
-
-
-
2 280
pensions
-
-
-
11 739
surtax
-
-
-
-
total
-
-
-
37 235
Employee
19 022
-
60 511
-
pensions
2 152
-
4 790
-
income
1 660
-
14 316
-
social contributions
542
-
1 724
-
surtax
-
-
-
-
total
4 354
-
20 830
-
Employer
19 022
-
60 511
-
health
1 331
-
6 288
-
social contributions
57
-
182
-
pensions
3 126
-
7 960
-
unemployment
771
-
2 451
-
other
656
-
2 609
-
total
5 941
-
19 490
-
Corporate
55 036
80 000
-
-
income
15 410
22 400
-
-
surtax
-
-
-
-
total
15 410
22 400
-
-
Dividends
39 626
57 600
-
-
social contributions
6 815
9 907
-
-
surtax
-
-
-
-
withholding
5 072
7 373
-
-
total
11 887
17 280
-
-
Income
80 000
80 000
80 000
80 000
Total tax
37 592
39 680
40 320
37 235
After tax
42 408
40 320
39 680
42 765
Living cost
14 669
14 669
14 669
14 669
Free-cash
27 739
25 651
25 011
28 096

Estimated living cost  is ₴14669 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
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.
₴3340
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
₴51078
₴47575
₴47576
₴52566
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.

-
-
-
80 000
pensions
-
-
-
5 815
unemployment
-
-
-
335
income
-
-
-
18 736
health
-
-
-
2 304
total
-
-
-
27 190
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.

7 892
-
75 997
-
health
406
-
1 152
-
unemployment
59
-
168
-
pensions
1 105
-
3 131
-
income
1 088
-
18 736
-
total
2 658
-
23 187
-
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.

7 892
-
75 997
-
health
406
-
1 152
-
pensions
947
-
2 684
-
unemployment
59
-
168
-
total
1 412
-
4 004
-
Corporate
70 695
80 000
-
-
income
10 604
12 000
-
-
total
10 604
12 000
-
-
Dividends
60 091
68 000
-
-
withholding
9 014
10 200
-
-
total
9 014
10 200
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 688
22 200
27 191
27 190
After tax
56 312
57 800
52 809
52 810
Living cost
5 234
5 234
5 234
5 234
Free-cash
51 078
52 566
47 575
47 576

Estimated living cost  is ₴5234 per week

₴3524
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.
₴1154
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
₴24645
₴39053
₴41071
₴15717
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
-
-
-
80 000
pensions
-
-
-
7 360
city
-
-
-
844
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.

-
-
-
1 588
health
-
-
-
180
regional
-
-
-
5 073
national
-
-
-
3 019
total
-
-
-
18 064
Employee
24 418
-
72 454
-
health
55
-
163
-
unemployment
-
-
-
-
city
262
-
790
-
pensions
2 051
-
5 137
-
regional
800
-
4 622
-
national
116
-
2 621
-
total
3 284
-
13 333
-
Employer
24 418
-
72 454
-
health
55
-
163
-
pensions
2 051
-
5 137
-
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.

488
-
1 449
-
total
2 594
-
6 749
-
Corporate
52 719
80 000
-
-
regional
11 150
16 920
-
-
national
4 481
6 800
-
-
total
15 631
23 720
-
-
Dividends
37 088
56 280
-
-
withholding
12 981
19 698
-
-
total
12 981
19 698
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 490
43 418
20 082
18 064
After tax
45 510
36 582
59 918
61 936
Living cost
20 865
20 865
20 865
20 865
Free-cash
24 645
15 717
39 053
41 071

Estimated living cost  is ₴20865 per week

₴13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
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.
₴5168
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
₴37762
₴26923
₴36088
₴36408
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

-
-
-
80 000
municipal
-
-
-
14 201
health
-
-
-
1 105
national
-
-
-
16 945
total
-
-
-
32 251
Employee
15 979
-
67 300
-
health
119
-
910
-
unemployment
240
-
1 010
-
pensions
1 078
-
4 543
-
national
264
-
11 303
-
municipal
2 617
-
10 951
-
total
4 318
-
28 717
-
Employer
15 979
-
67 300
-
health
123
-
518
-
pensions
2 772
-
11 677
-
accident
16
-
67
-
unemployment
104
-
437
-
total
3 015
-
12 699
-
Corporate
61 006
80 000
-
-
income
12 201
16 000
-
-
total
12 201
16 000
-
-
Dividends

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

36 604
48 000
-
-
municipal
6 588
8 640
-
-
national
4 455
7 291
-
-
total
11 043
15 931
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 577
31 931
41 416
32 251
After tax
49 423
48 069
38 584
47 749
Living cost
11 661
11 661
11 661
11 661
Free-cash
37 762
36 408
26 923
36 088

Estimated living cost  is ₴11661 per week

₴7617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
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.
₴2737
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
₴29059
₴15612
₴23780
₴32176
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
-
-
-
80 000
communal

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

-
-
-
4 346
social contributions
-
-
-
7 572
national
-
-
-
33 228
total
-
-
-
45 146
Employee

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

21 725
-
61 962
-
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.

1 021
-
2 912
-
communal

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

1 133
-
3 232
-
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
-
539
-
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
-
4 647
-
national
6 679
-
23 946
-
total
10 651
-
35 276
-
Employer

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

21 725
-
61 962
-
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.

1 336
-
3 810
-
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.

1 925
-
5 490
-
surtax
2 463
-
7 027
-
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
-
806
-
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
-
905
-
total
6 323
-
18 038
-
Corporate
51 951
80 000
-
-
income
10 390
18 013
-
-
surtax
208
360
-
-
total
10 598
18 373
-
-
Dividends
41 353
61 627
-
-
withholding

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

12 295
18 377
-
-
total
12 295
18 377
-
-
Income
80 000
80 000
80 000
80 000
Total tax
39 867
36 750
53 314
45 146
After tax
40 133
43 250
26 686
34 854
Living cost
11 074
11 074
11 074
11 074
Free-cash
29 059
32 176
15 612
23 780

Estimated living cost  is ₴11074 per week

₴7133
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.
₴2799
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
₴30289
₴26297
₴26615
₴30583
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
-
-
-
80 000
unemployment
-
-
-
29
municipal
-
-
-
21 376
other
-
-
-
3 335
health
-
-
-
1 791
national
-
-
-
10 597
accident
-
-
-
57
pensions
-
-
-
3 103
total
-
-
-
40 288
Employee
18 662
-
70 981
-
national
-
-
10 421
-
municipal
5 565
-
21 167
-
total
5 565
-
31 588
-
Employer
18 662
-
70 981
-
health
1 148
-
1 765
-
pensions
2 017
-
3 103
-
accident
37
-
57
-
unemployment
493
-
758
-
other
2 169
-
3 335
-
total
5 864
-
9 018
-
Corporate
55 474
80 000
-
-
income
12 204
17 600
-
-
total
12 204
17 600
-
-
Dividends
43 270
62 400
-
-
withholding
12 981
18 720
-
-
total
12 981
18 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 614
36 320
40 606
40 288
After tax
43 386
43 680
39 394
39 712
Living cost
13 097
13 097
13 097
13 097
Free-cash
30 289
30 583
26 297
26 615

Estimated living cost  is ₴13097 per week

₴8680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
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.
₴2933
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
₴18318
₴61160
₴40848
₴34234
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
-
-
-
80 000
income
-
-
-
15 594
social contributions
-
-
-
9 120
total
-
-
-
24 714
Employee
20 701
-
-
-
income
4 566
-
-
-
social contributions
1 698
-
242
-
total
6 264
-
242
-
Employer
20 701
-
-
-
social contributions
29 189
-
4 160
-
total
29 189
-
4 160
-
Corporate
30 110
80 000
-
-
income
6 624
17 600
-
-
total
6 624
17 600
-
-
Dividends
23 485
62 400
-
-
income
5 167
13 728
-
-
total
5 167
13 728
-
-
Income
80 000
80 000
80 000
80 000
Total tax
47 244
31 328
4 402
24 714
After tax
32 756
48 672
75 598
55 286
Living cost
14 438
14 438
14 438
14 438
Free-cash
18 318
34 234
61 160
40 848

Estimated living cost  is ₴14438 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
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.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴47164
₴42870
₴43502
₴48425
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
-
-
-
80 000
income
-
-
-
19 693
health
-
-
-
2 040
social contributions
-
-
-
4 914
total
-
-
-
26 647
Employee
23 355
23 355
75 980
-
health
232
397
1 292
-
income
2 452
2 162
19 353
-
social contributions
1 135
1 938
2 614
-
total
3 819
4 497
23 259
-
Employer
23 355
23 355
75 980
-
health
253
432
1 406
-
social contributions
1 135
1 938
2 614
-
total
1 388
2 370
4 020
-
Corporate
64 941
54 275
-
-
income
8 118
6 784
-
-
total
8 118
6 784
-
-
Dividends
56 824
47 491
-
-
withholding
9 660
8 073
-
-
total
9 660
8 073
-
-
Income
80 000
80 000
80 000
80 000
Total tax
22 985
21 724
27 279
26 647
After tax
57 015
58 276
52 721
53 353
Living cost
9 851
9 851
9 851
9 851
Free-cash
47 164
48 425
42 870
43 502

Estimated living cost  is ₴9851 per week

₴6734
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.
₴2182
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
₴40148
₴32932
₴40016
₴38408
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
-
-
-
80 000
income
-
-
-
25 865
pensions
-
-
-
3 208
total
-
-
-
29 073
Employee
14 976
-
69 623
-
health
195
-
899
-
pensions
1 143
-
3 739
-
income
2 727
-
21 142
-
total
4 065
-
25 780
-
Employer
14 976
-
69 623
-
health
285
-
1 323
-
pensions
1 513
-
9 054
-
total
1 798
-
10 377
-
Corporate
63 226
80 000
-
-
income

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

12 013
15 200
-
-
total
12 013
15 200
-
-
Dividends
51 213
64 800
-
-
withholding
11 065
15 481
-
-
total
11 065
15 481
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 941
30 681
36 157
29 073
After tax
51 059
49 319
43 843
50 927
Living cost
10 911
10 911
10 911
10 911
Free-cash
40 148
38 408
32 932
40 016

Estimated living cost  is ₴10911 per week

₴7485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
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.
₴2285
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
₴28658
₴23638
₴26134
₴30039
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
-
-
-
80 000
municipal
-
-
-
583
regional
-
-
-
2 056
social contributions
-
-
-
15 201
national
-
-
-
23 927
total
-
-
-
41 767
Employee
25 593
-
80 000
-
social contributions
8 630
-
19 929
-
regional
386
-
1 899
-
national
4 325
-
21 894
-
municipal
153
-
541
-
total
13 494
-
44 263
-
Employer
25 593
-
80 000
-
total
-
-
-
-
Corporate
54 407
80 000
-
-
nationa
13 058
19 200
-
-
municipal
2 622
3 856
-
-
total
15 680
23 056
-
-
Dividends
38 727
56 944
-
-
withholding
10 069
14 806
-
-
total
10 069
14 806
-
-
Income
80 000
80 000
80 000
80 000
Total tax
39 243
37 862
44 263
41 767
After tax
40 757
42 138
35 737
38 233
Living cost
12 099
12 099
12 099
12 099
Free-cash
28 658
30 039
23 638
26 134

Estimated living cost  is ₴12099 per week

₴8499
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.
₴2585
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
₴5475
₴37865
₴48034
-₴76
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
-
-
-
80 000
pensions
-
-
-
1 240
income
-
-
-
23 335
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
25 410
Employee
10 314
-
73 681
-
health
1 181
-
8 436
-
pensions
1 161
-
2 274
-
income
1 415
-
18 550
-
total
3 757
-
29 260
-
Employer
10 314
-
73 681
-
pensions
1 677
-
3 283
-
accident
172
-
1 231
-
unemployment
253
-
1 805
-
total
2 102
-
6 319
-
Corporate
67 585
80 000
-
-
income

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

60 826
72 000
-
-
total
60 826
72 000
-
-
Dividends
6 758
8 000
-
-
withholding
1 284
1 520
-
-
total
1 284
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
67 969
73 520
35 579
25 410
After tax
12 031
6 480
44 421
54 590
Living cost
6 556
6 556
6 556
6 556
Free-cash
5 475
-76
37 865
48 034

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
₴33375
₴37009
₴27555
₴29401
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.

-
-
-
80 000
trade
-
-
-
9 454
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.

-
-
-
27 668
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.

-
-
-
2 075
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.

-
-
-
1 522
total
-
-
-
40 719
Employee

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

15 112
-
80 000
-
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.

2 075
-
2 075
-
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.

1 243
-
27 668
-
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
-
1 522
-
total
3 387
-
31 265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 888
80 000
-
-
income
9 733
12 000
-
-
trade
9 312
11 480
-
-
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.

535
660
-
-
chamber of commerce
141
164
-
-
total
19 721
24 304
-
-
Dividends
45 167
55 696
-
-
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.

615
760
-
-
withholding
11 176
13 809
-
-
total
11 791
14 569
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 899
38 873
31 265
40 719
After tax
45 101
41 127
48 735
39 281
Living cost
11 726
11 726
11 726
11 726
Free-cash
33 375
29 401
37 009
27 555

Estimated living cost  is ₴11726 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1262
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.
₴2205
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
₴55189
₴29077
₴23564
₴57681
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.

-
-
-
80 000
income
-
-
-
18 080
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.

-
-
-
11 637
surtax
-
-
-
20 400
total
-
-
-
50 117
Employee
8 875
-
64 216
-
income
1 580
-
15 527
-
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
-
3 982
-
surtax
-
-
9 311
-
total
2 556
-
28 820
-
Employer
8 875
-
64 216
-
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.

2 138
-
8 720
-
surtax
-
-
7 064
-
total
2 138
-
15 784
-
Corporate
68 987
80 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

13 798
16 000
-
-
total
13 798
16 000
-
-
Dividends

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

55 190
64 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
18 492
16 000
44 604
50 117
After tax
61 508
64 000
35 396
29 883
Living cost
6 319
6 319
6 319
6 319
Free-cash
55 189
57 681
29 077
23 564

Estimated living cost  is ₴6319 per week

₴4031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
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.
₴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
₴45441
₴45620
₴45894
₴46073
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
-
-
-
80 000
income
-
-
-
25 419
health
-
-
-
2 034
pensions
-
-
-
2 806
total
-
-
-
30 259
Employee
5 859
-
76 843
-
health
293
-
702
-
unemployment
59
-
140
-
pensions
527
-
1 263
-
income
1 133
-
25 271
-
total
2 012
-
27 376
-
Employer
5 859
-
76 843
-
health
557
-
1 333
-
pensions
645
-
1 543
-
unemployment
117
-
281
-
total
1 319
-
3 157
-
Corporate
72 822
80 000
-
-
income
16 021
17 600
-
-
total
16 021
17 600
-
-
Dividends
56 801
62 400
-
-
withholding
11 360
12 480
-
-
total
11 360
12 480
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 712
30 080
30 533
30 259
After tax
49 288
49 920
49 467
49 741
Living cost
3 847
3 847
3 847
3 847
Free-cash
45 441
46 073
45 620
45 894

Estimated living cost  is ₴3847 per week

₴2286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
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.
₴1161
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
₴42533
₴28829
₴30685
₴43498
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
-
-
-
80 000
pensions
-
-
-
8 107
unemployment
-
-
-
69
income
-
-
-
26 761
other
-
-
-
-
health
-
-
-
2 878
surtax
-
-
-
4 678
total
-
-
-
42 493
Employee
10 228
-
71 468
-
health
261
-
1 033
-
unemployment
712
-
2 821
-
pensions
682
-
2 704
-
income
1 715
-
24 944
-
other
-
-
-
-
surtax
36
-
4 315
-
total
3 406
-
35 817
-
Employer
10 228
-
71 468
-
health
465
-
1 844
-
pensions
1 364
-
5 403
-
unemployment
324
-
1 285
-
other
-
-
-
-
total
2 153
-
8 532
-
Corporate
67 619
80 000
-
-
income
17 581
20 800
-
-
total
17 581
20 800
-
-
Dividends
50 038
59 200
-
-
withholding
7 505
8 880
-
-
total
7 505
8 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 645
29 680
44 349
42 493
After tax
49 355
50 320
35 651
37 507
Living cost
6 822
6 822
6 822
6 822
Free-cash
42 533
43 498
28 829
30 685

Estimated living cost  is ₴6822 per week

₴4119
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.
₴1952
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
₴34202
₴10991
₴31163
₴34354
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
-
-
-
80 000
pensions
-
-
-
6 564
chamber of commerce
-
-
-
320
unemployment
-
-
-
1 863
income