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

Dresden , Germany
₴25287
₴36333
₴27377
₴30792
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
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.

-
-
-
23 879
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.

-
-
-
1 314
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
8 956
total
-
-
-
37 549
Employee

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

19 035
-
80 000
-
surtax

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

29
-
1 314
-
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.

532
-
23 879
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
3 961
-
28 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 965
80 000
-
-
income
9 145
12 000
-
-
surtax

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

503
660
-
-
chamber of commerce
163
191
-
-
trade
9 602
12 600
-
-
total
19 413
25 451
-
-
Dividends
41 551
54 549
-
-
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.

561
739
-
-
withholding
10 199
13 449
-
-
total
10 760
14 188
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 134
39 639
28 593
37 549
After tax
45 866
40 361
51 407
42 451
Living cost
15 074
15 074
15 074
15 074
Free-cash
30 792
25 287
36 333
27 377

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴23423
₴21545
₴20917
₴22982
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
social contributions
-
-
-
860
municipal
-
-
-
8 678
national
-
-
-
13 448
pensions
-
-
-
9 600
total
-
-
-
32 586
Employee
41 075
-
69 159
-
municipal
5 073
-
8 988
-
pensions
1 643
-
2 766
-
national
7 862
-
13 928
-
total
14 578
-
25 682
-
Employer
41 075
-
69 159
-
pensions
3 286
-
5 533
-
social contributions
442
-
743
-
total
3 728
-
6 276
-
Corporate
32 487
80 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

6 497
16 000
-
-
total
6 497
16 000
-
-
Dividends
25 989
64 000
-
-
withholding
5 718
14 080
-
-
total
5 718
14 080
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 521
30 080
31 958
32 586
After tax
49 479
49 920
48 042
47 414
Living cost
26 497
26 497
26 497
26 497
Free-cash
22 982
23 423
21 545
20 917

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴53646
₴37732
₴16594
₴49563
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
-
-
-
13 584
surtax
-
-
-
20 400
social contributions

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

-
-
-
19 068
microenterprise
-
-
-
-
total
-
-
-
53 052
Employee
14 542
-
58 461
-
surtax
-
-
-
-
social contributions

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

1 600
-
6 431
-
income
2 589
-
11 400
-
total
4 189
-
17 831
-
Employer
14 542
-
58 461
-
social contributions

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

3 503
-
14 083
-
surtax
-
-
-
-
total
3 503
-
14 083
-
Corporate
61 955
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%.

12 391
16 000
-
-
total
12 391
16 000
-
-
Dividends

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

49 564
64 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
20 083
16 000
31 914
53 052
After tax
59 917
64 000
48 086
26 948
Living cost
10 354
10 354
10 354
10 354
Free-cash
49 563
53 646
37 732
16 594

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴18646
₴28302
₴23851
₴15597
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
-
-
-
23 333
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
35 301
Employee
42 499
42 499
70 751
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
9 633
-
health
6 523
5 549
6 137
-
total
21 129
18 336
21 601
-
Employer
42 499
42 499
70 751
-
health
2 954
2 954
3 671
-
pensions
2 958
2 958
3 677
-
unemployment
1 530
1 530
1 901
-
total
7 442
7 442
9 249
-
Corporate
30 580
30 058
-
-
income
6 116
6 011
-
-
total
6 116
6 011
-
-
Dividends
24 464
24 047
-
-
income
5 199
5 110
-
-
withholding
3 669
3 607
-
-
total
8 868
8 717
-
-
Income
80 000
80 000
80 000
80 000
Total tax
43 555
40 506
30 850
35 301
After tax
36 445
39 494
49 150
44 699
Living cost
20 848
20 848
20 848
20 848
Free-cash
15 597
18 646
28 302
23 851

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴23799
₴21197
₴21678
₴23353
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
accident
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
20 092
national
-
-
-
5 726
pensions
-
-
-
4 710
total
-
-
-
38 441
Employee
28 329
-
66 309
-
municipal
8 448
-
19 773
-
national
-
-
5 459
-
total
8 448
-
25 232
-
Employer
28 329
-
66 309
-
health
1 742
-
2 680
-
pensions
3 062
-
4 710
-
accident
57
-
87
-
unemployment
748
-
1 150
-
other
3 292
-
5 063
-
total
8 901
-
13 690
-
Corporate
42 770
80 000
-
-
income
9 409
17 600
-
-
total
9 409
17 600
-
-
Dividends
33 360
62 400
-
-
withholding
10 008
18 720
-
-
total
10 008
18 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 766
36 320
38 922
38 441
After tax
43 234
43 680
41 078
41 559
Living cost
19 881
19 881
19 881
19 881
Free-cash
23 353
23 799
21 197
21 678

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴20399
₴31856
₴22502
₴27392
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
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.

-
-
-
23 879
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.

-
-
-
1 314
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
9 354
total
-
-
-
37 947
Employee

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

25 238
-
80 000
-
surtax

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

119
-
1 314
-
income

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

2 168
-
23 879
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
5 687
-
28 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 762
80 000
-
-
income
8 215
12 000
-
-
surtax

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

451
660
-
-
chamber of commerce
153
189
-
-
trade
9 008
13 160
-
-
total
17 827
26 009
-
-
Dividends
36 935
53 991
-
-
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.

498
732
-
-
withholding
9 045
13 309
-
-
total
9 543
14 041
-
-
Income
80 000
80 000
80 000
80 000
Total tax
33 057
40 050
28 593
37 947
After tax
46 943
39 950
51 407
42 053
Living cost
19 551
19 551
19 551
19 551
Free-cash
27 392
20 399
31 856
22 502

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴42243
₴38197
₴38922
₴40177
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
-
-
-
14 844
social contributions
-
-
-
8 052
health
-
-
-
2 040
total
-
-
-
24 936
Employee
38 269
38 269
74 341
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
14 454
-
health
381
651
1 264
-
total
6 260
7 370
20 002
-
Employer
38 269
38 269
74 341
-
health
415
708
1 375
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 659
-
Corporate
55 325
37 847
-
-
income
6 916
4 731
-
-
total
6 916
4 731
-
-
Dividends
48 409
33 116
-
-
withholding
8 230
5 630
-
-
total
8 230
5 630
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 681
21 615
25 661
24 936
After tax
56 319
58 385
54 339
55 064
Living cost
16 142
16 142
16 142
16 142
Free-cash
40 177
42 243
38 197
38 922

Estimated living cost  is ₴16142 per week

₴11035
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.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴36034
₴37457
₴46500
₴36219
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
-
-
-
9 780
unemployment
-
-
-
1 200
health
-
-
-
5 600
pensions
-
-
-
8 000
total
-
-
-
24 580
Employee

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

The minimum wage is 138,000 HUF per month.

12 876
5 124
66 946
-
unemployment
193
77
1 004
-
pensions
1 288
512
6 695
-
income
1 574
626
8 184
-
health
901
359
4 686
-
total
3 956
1 574
20 569
-
Employer

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

The minimum wage is 138,000 HUF per month.

12 876
5 124
66 946
-
pensions
2 511
999
13 054
-
total
2 511
999
13 054
-
Corporate
64 614
73 876
-
-
income
5 815
6 649
-
-
total
5 815
6 649
-
-
Dividends
58 798
67 228
-
-
social contributions
11 407
13 051
-
-
withholding
11 172
12 773
-
-
total
22 579
25 824
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 861
35 046
33 623
24 580
After tax
45 139
44 954
46 377
55 420
Living cost
8 920
8 920
8 920
8 920
Free-cash
36 219
36 034
37 457
46 500

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴51979
₴34090
₴30859
₴48888
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
-
-
-
10 720
health
-
-
-
10 400
pensions
-
-
-
16 000
total
-
-
-
37 120
Employee
14 118
-
59 791
-
unemployment
226
-
957
-
pensions
282
-
1 196
-
income
1 589
-
11 528
-
total
2 097
-
13 681
-
Employer
14 118
-
59 791
-
health
1 835
-
7 773
-
pensions
2 824
-
11 957
-
unemployment
113
-
478
-
total
4 772
-
20 208
-
Corporate
61 110
80 000
-
-
income
12 222
16 000
-
-
total
12 222
16 000
-
-
Dividends
48 888
64 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
19 091
16 000
33 889
37 120
After tax
60 909
64 000
46 111
42 880
Living cost
12 021
12 021
12 021
12 021
Free-cash
48 888
51 979
34 090
30 859

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Tallinn model

Close
Gdansk , Poland
-₴4631
₴32029
₴43610
₴4776
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
accident
-
-
-
128
income
-
-
-
21 762
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
25 279
Employee
17 478
-
71 490
-
pensions
1 968
-
3 853
-
income
2 398
-
16 312
-
health
2 001
-
8 186
-
total
6 367
-
28 351
-
Employer
17 478
-
71 490
-
pensions
2 842
-
5 564
-
accident
292
-
1 194
-
unemployment
428
-
1 751
-
total
3 562
-
8 509
-
Corporate
58 960
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.

53 064
72 000
-
-
total
53 064
72 000
-
-
Dividends
5 896
8 000
-
-
withholding
1 120
1 520
-
-
total
1 120
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
64 113
73 520
36 860
25 279
After tax
15 887
6 480
43 140
54 721
Living cost
11 111
11 111
11 111
11 111
Free-cash
4 776
-4 631
32 029
43 610

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₴71990
₴59990
₴75190
₴71239
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
5 012
-
80 000
-
income
1 002
-
16 000
-
total
1 002
-
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%.

74 988
80 000
-
-
total
-
-
-
-
Dividends
74 988
80 000
-
-
withholding
3 749
4 000
-
-
total
3 749
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
4 751
4 000
16 000
800
After tax
75 249
76 000
64 000
79 200
Living cost
4 010
4 010
4 010
4 010
Free-cash
71 239
71 990
59 990
75 190

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴45515
₴32265
₴30029
₴42155
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
-
-
-
11 622
other
-
-
-
3 595
health
-
-
-
3 330
pensions

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

-
-
-
18 163
total
-
-
-
36 710
Employee
18 070
-
63 897
-
unemployment
180
-
639
-
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.

1 265
-
4 473
-
income
3 111
-
12 366
-
health
253
-
894
-
total
4 809
-
18 372
-
Employer
18 070
-
63 897
-
health
253
-
894
-
pensions

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

3 072
-
10 863
-
accident
144
-
511
-
unemployment
180
-
639
-
other
904
-
3 195
-
total
4 553
-
16 102
-
Corporate
57 376
80 000
-
-
income
12 049
16 800
-
-
total
12 049
16 800
-
-
Dividends
45 327
63 200
-
-
withholding
3 173
4 424
-
-
total
3 173
4 424
-
-
Income
80 000
80 000
80 000
80 000
Total tax
24 584
21 224
34 474
36 710
After tax
55 416
58 776
45 526
43 290
Living cost
13 261
13 261
13 261
13 261
Free-cash
42 155
45 515
32 265
30 029

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴19935
₴13087
₴20371
₴19864
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
-
-
-
22 059
pensions
-
-
-
4 322
total
-
-
-
26 381
Employee
47 041
-
69 955
-
pensions
4 538
-
5 371
-
income
8 480
-
17 205
-
health
775
-
1 044
-
total
13 793
-
23 620
-
Employer
47 041
-
69 955
-
health
893
-
1 329
-
pensions
5 554
-
8 716
-
total
6 447
-
10 045
-
Corporate
26 511
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.

5 037
15 200
-
-
total
5 037
15 200
-
-
Dividends
21 473
64 800
-
-
withholding
1 611
11 617
-
-
total
1 611
11 617
-
-
Income
80 000
80 000
80 000
80 000
Total tax
26 888
26 817
33 665
26 381
After tax
53 112
53 183
46 335
53 619
Living cost
33 248
33 248
33 248
33 248
Free-cash
19 864
19 935
13 087
20 371

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴61876
₴59892
₴56835
₴59565
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
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
16 641
Employee
8 638
-
76 590
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
7 659
-
health
397
-
799
-
total
2 114
-
10 175
-
Employer
8 638
-
76 590
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
69 667
80 000
-
-
income
6 967
8 000
-
-
total
6 967
8 000
-
-
Dividends
62 700
72 000
-
-
withholding
3 135
3 600
-
-
total
3 135
3 600
-
-
Income
80 000
80 000
80 000
80 000
Total tax
13 911
11 600
13 584
16 641
After tax
66 089
68 400
66 416
63 359
Living cost
6 524
6 524
6 524
6 524
Free-cash
59 565
61 876
59 892
56 835

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
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.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴11897
₴21553
₴17102
₴13149
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
-
-
-
23 333
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
35 301
Employee
46 141
42 499
70 751
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
9 633
-
health
5 756
5 549
6 137
-
total
18 543
18 336
21 601
-
Employer
46 141
42 499
70 751
-
health
3 206
2 954
3 671
-
pensions
3 211
2 958
3 677
-
unemployment
1 661
1 530
1 901
-
total
8 078
7 442
9 249
-
Corporate
25 781
30 058
-
-
income
5 157
6 011
-
-
total
5 157
6 011
-
-
Dividends
20 624
24 047
-
-
income
4 382
5 110
-
-
withholding
3 094
3 607
-
-
total
7 476
8 717
-
-
Income
80 000
80 000
80 000
80 000
Total tax
39 254
40 506
30 850
35 301
After tax
40 746
39 494
49 150
44 699
Living cost
27 597
27 597
27 597
27 597
Free-cash
13 149
11 897
21 553
17 102

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
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.
₴4459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴42875
₴28392
₴31687
₴38521
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
-
-
-
7 746
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
10 800
total
-
-
-
36 108
Employee
17 948
-
59 701
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 881
-
income
2 154
-
7 164
-
health
2 423
-
8 060
-
total
5 744
-
19 105
-
Employer
17 948
-
59 701
-
health
1 615
-
5 373
-
social contributions
4 487
-
14 925
-
total
6 102
-
20 298
-
Corporate
55 949
80 000
-
-
income
10 630
15 200
-
-
total
10 630
15 200
-
-
Dividends
45 319
64 800
-
-
withholding
6 798
9 720
-
-
total
6 798
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
29 274
24 920
39 403
36 108
After tax
50 726
55 080
40 597
43 892
Living cost
12 205
12 205
12 205
12 205
Free-cash
38 521
42 875
28 392
31 687

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴21683
₴14068
₴17683
₴19086
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
social contributions
-
-
-
20 576
regional
-
-
-
936
municipal
-
-
-
475
national
-
-
-
19 330
total
-
-
-
41 317
Employee
44 230
-
80 000
-
municipal
234
-
424
-
national
7 664
-
16 706
-
regional
417
-
826
-
social contributions
14 914
-
26 976
-
total
23 229
-
44 932
-
Employer
44 230
-
80 000
-
total
-
-
-
-
Corporate
35 770
80 000
-
-
municipal
1 395
3 120
-
-
nationa
8 585
19 200
-
-
total
9 980
22 320
-
-
Dividends
25 790
57 679
-
-
withholding
6 705
14 997
-
-
total
6 705
14 997
-
-
Income
80 000
80 000
80 000
80 000
Total tax
39 914
37 317
44 932
41 317
After tax
40 086
42 683
35 068
38 683
Living cost
21 000
21 000
21 000
21 000
Free-cash
19 086
21 683
14 068
17 683

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
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.
₴4662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴39338
₴23900
₴26976
₴37789
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
-
-
-
20 861
other
-
-
-
-
surtax
-
-
-
3 068
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
42 042
Employee
16 458
-
66 089
-
other
-
-
-
-
unemployment
1 146
-
4 599
-
pensions
1 097
-
4 408
-
surtax
54
-
2 574
-
income
2 759
-
17 939
-
health
420
-
1 686
-
total
5 476
-
31 206
-
Employer
16 458
-
66 089
-
health
749
-
3 007
-
pensions
2 194
-
8 810
-
unemployment
521
-
2 095
-
other
-
-
-
-
total
3 464
-
13 912
-
Corporate
60 078
80 000
-
-
income
15 620
20 800
-
-
total
15 620
20 800
-
-
Dividends
44 458
59 200
-
-
withholding
6 669
8 880
-
-
total
6 669
8 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
31 229
29 680
45 118
42 042
After tax
48 771
50 320
34 882
37 958
Living cost
10 982
10 982
10 982
10 982
Free-cash
37 789
39 338
23 900
26 976

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴30469
₴23621
₴30905
₴33313
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
-
-
-
22 059
pensions
-
-
-
4 322
total
-
-
-
26 381
Employee
31 526
-
69 955
-
pensions
2 676
-
5 371
-
income
5 678
-
17 205
-
health
458
-
1 044
-
total
8 812
-
23 620
-
Employer
31 526
-
69 955
-
health
599
-
1 329
-
pensions
3 413
-
8 716
-
total
4 012
-
10 045
-
Corporate
44 463
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.

8 448
15 200
-
-
total
8 448
15 200
-
-
Dividends
36 015
64 800
-
-
withholding
2 701
11 617
-
-
total
2 701
11 617
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 973
26 817
33 665
26 381
After tax
56 027
53 183
46 335
53 619
Living cost
22 714
22 714
22 714
22 714
Free-cash
33 313
30 469
23 621
30 905

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴2713
₴22120
₴26006
₴14100
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
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.

-
-
-
1 600
regional
-
-
-
3 677
health
-
-
-
180
city
-
-
-
844
national
-
-
-
1 038
pensions
-
-
-
7 360
total
-
-
-
14 699
Employee
45 985
-
71 604
-
unemployment
-
-
-
-
pensions
3 863
-
6 015
-
national
218
-
853
-
regional
1 506
-
3 179
-
city
494
-
769
-
health
104
-
161
-
total
6 185
-
10 977
-
Employer
45 985
-
71 604
-
health
104
-
161
-
pensions
3 863
-
6 015
-
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.

919
-
1 432
-
total
4 886
-
7 608
-
Corporate
28 622
80 000
-
-
regional
6 053
16 920
-
-
national
2 433
6 800
-
-
total
8 486
23 720
-
-
Dividends
20 136
56 280
-
-
withholding
7 048
19 698
-
-
total
7 048
19 698
-
-
Income
80 000
80 000
80 000
80 000
Total tax
26 605
43 418
18 585
14 699
After tax
53 395
36 582
61 415
65 301
Living cost
39 295
39 295
39 295
39 295
Free-cash
14 100
-2 713
22 120
26 006

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
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.
₴9733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₴16740
₴28608
₴18856
₴24808
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
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.

-
-
-
23 879
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.

-
-
-
1 314
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
9 752
total
-
-
-
38 345
Employee

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

29 909
-
80 000
-
surtax

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

194
-
1 314
-
income

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

3 517
-
23 879
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
7 111
-
28 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 091
80 000
-
-
income
7 514
12 000
-
-
surtax

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

414
660
-
-
chamber of commerce
146
188
-
-
trade
8 591
13 720
-
-
total
16 665
26 568
-
-
Dividends
33 426
53 432
-
-
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.

450
724
-
-
withholding
8 167
13 169
-
-
total
8 617
13 893
-
-
Income
80 000
80 000
80 000
80 000
Total tax
32 393
40 461
28 593
38 345
After tax
47 607
39 539
51 407
41 655
Living cost
22 799
22 799
22 799
22 799
Free-cash
24 808
16 740
28 608
18 856

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₴23293
₴27790
₴28180
₴26233
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
-
-
-
11 896
other
-
-
-
2 480
surtax
-
-
-
-
social contributions
-
-
-
2 279
health
-
-
-
3 143
pensions
-
-
-
14 995
total
-
-
-
34 793
Employee
21 300
-
62 418
-
pensions
2 408
-
4 131
-
surtax
-
-
-
-
social contributions
607
-
1 778
-
income
1 257
-
11 692
-
total
4 272
-
17 601
-
Employer
21 300
-
62 418
-
health
1 491
-
5 528
-
pensions
3 499
-
6 993
-
unemployment
862
-
2 528
-
social contributions
64
-
187
-
other
735
-
2 346
-
total
6 651
-
17 582
-
Corporate
52 049
80 000
-
-
income
14 574
22 400
-
-
surtax
-
-
-
-
total
14 574
22 400
-
-
Dividends
37 475
57 600
-
-
surtax
-
-
-
-
social contributions
6 446
9 907
-
-
withholding
4 797
7 373
-
-
total
11 243
17 280
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 740
39 680
35 183
34 793
After tax
43 260
40 320
44 817
45 207
Living cost
17 027
17 027
17 027
17 027
Free-cash
26 233
23 293
27 790
28 180

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴24980
₴29477
₴29867
₴27745
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
-
-
-
11 896
other
-
-
-
2 480
surtax
-
-
-
-
social contributions
-
-
-
2 279
health
-
-
-
3 143
pensions
-
-
-
14 995
total
-
-
-
34 793
Employee
19 013
-
62 418
-
pensions
2 150
-
4 131
-
surtax
-
-
-
-
social contributions
542
-
1 778
-
income
980
-
11 692
-
total
3 672
-
17 601
-
Employer
19 013
-
62 418
-
health
1 331
-
5 528
-
pensions
3 124
-
6 993
-
unemployment
770
-
2 528
-
social contributions
57
-
187
-
other
656
-
2 346
-
total
5 938
-
17 582
-
Corporate
55 049
80 000
-
-
income
15 414
22 400
-
-
surtax
-
-
-
-
total
15 414
22 400
-
-
Dividends
39 635
57 600
-
-
surtax
-
-
-
-
social contributions
6 818
9 907
-
-
withholding
5 073
7 373
-
-
total
11 891
17 280
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 915
39 680
35 183
34 793
After tax
43 085
40 320
44 817
45 207
Living cost
15 340
15 340
15 340
15 340
Free-cash
27 745
24 980
29 477
29 867

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴38254
₴39398
₴40823
₴38512
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
social contributions
-
-
-
11 040
health
-
-
-
5 584
total
-
-
-
28 624
Employee
16 874
-
80 000
-
social contributions
2 329
-
11 040
-
income
2 814
-
13 425
-
health
1 178
-
5 584
-
total
6 321
-
30 049
-
Employer
16 874
-
80 000
-
total
-
-
-
-
Corporate
63 126
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%.

3 156
4 000
-
-
total
3 156
4 000
-
-
Dividends
59 970
76 000
-
-
social contributions
8 276
10 488
-
-
withholding
8 996
11 400
-
-
health
4 186
5 305
-
-
total
21 458
27 193
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 935
31 193
30 049
28 624
After tax
49 065
48 807
49 951
51 376
Living cost
10 553
10 553
10 553
10 553
Free-cash
38 512
38 254
39 398
40 823

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴26801
₴3510
₴23504
₴26033
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
-
-
-
20 287
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
320
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
38 960
Employee
24 872
19 833
62 827
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 031
5 954
-
income
2 831
1 463
16 016
-
health
962
768
2 250
-
total
7 334
5 055
26 546
-
Employer
24 872
19 833
62 827
-
chamber of commerce
99
79
251
-
health
940
750
2 198
-
pensions
3 121
2 490
7 297
-
accident
323
258
756
-
unemployment
746
595
1 744
-
surtax
98
98
98
-
payroll
746
595
1 885
-
other
1 181
942
2 944
-
total
7 254
5 807
17 173
-
Corporate
47 873
54 361
60 939
-
income

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

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

11 969
13 590
15 235
-
total
11 969
13 590
15 235
-
Dividends
35 905
40 770
-
-
withholding
9 874
11 211
-
-
total
9 874
11 211
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 431
35 663
58 954
38 960
After tax
43 569
44 337
21 046
41 040
Living cost
17 536
17 536
17 536
17 536
Free-cash
26 033
26 801
3 510
23 504

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴26611
₴10445
₴16488
₴19148
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.

-
-
-
4 055
social contributions
-
-
-
12 408
national
-
-
-
28 903
total
-
-
-
45 366
Employee

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

35 599
-
61 962
-
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.

310
-
539
-
communal

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

1 857
-
3 232
-
pensions

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

2 670
-
4 648
-
national
10 945
-
22 039
-
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.

1 673
-
2 912
-
total
17 455
-
33 370
-
Employer

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

35 599
-
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.

2 189
-
3 811
-
pensions

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

3 154
-
5 490
-
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.

463
-
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.

519
-
905
-
surtax
4 036
-
7 027
-
total
10 361
-
18 039
-
Corporate
34 039
80 000
-
-
income
6 807
16 000
-
-
surtax
136
320
-
-
total
6 943
16 320
-
-
Dividends
27 095
63 680
-
-
withholding

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

7 947
18 923
-
-
total
7 947
18 923
-
-
Income
80 000
80 000
80 000
80 000
Total tax
42 706
35 243
51 409
45 366
After tax
37 294
44 757
28 591
34 634
Living cost
18 146
18 146
18 146
18 146
Free-cash
19 148
26 611
10 445
16 488

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴35445
₴24922
₴27009
₴31896
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
accident
-
-
-
416
income
-
-
-
21 179
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
35 018
Employee
24 773
-
65 294
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
19 471
-
total
6 800
-
22 400
-
Employer
24 773
-
65 294
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
47 331
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.

7 099
12 000
-
-
total
7 099
12 000
-
-
Dividends
40 231
68 000
-
-
withholding
8 336
14 582
-
-
total
8 336
14 582
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 131
26 582
37 105
35 018
After tax
49 869
53 418
42 895
44 982
Living cost
17 973
17 973
17 973
17 973
Free-cash
31 896
35 445
24 922
27 009

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴20211
₴16553
₴13365
₴14217
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
-
-
-
5 056
accident
-
-
-
674
income
-
-
-
12 281
surtax
-
-
-
3 966
health
-
-
-
5 621
pensions
-
-
-
11 991
total
-
-
-
39 589
Employee
37 688
-
71 460
-
pensions
3 015
-
5 717
-
surtax
2 310
-
4 379
-
income
3 640
-
14 585
-
health
1 677
-
3 180
-
total
10 642
-
27 861
-
Employer
37 688
-
71 460
-
health
1 149
-
2 180
-
pensions
3 015
-
5 717
-
accident
339
-
643
-
total
4 503
-
8 540
-
Corporate
37 808
80 000
-
-
communal
2 552
5 400
-
-
income
5 671
12 000
-
-
surtax
397
840
-
-
total
8 620
18 240
-
-
Dividends
29 189
61 760
-
-
income
10 594
5 239
-
-
withholding
4 378
9 264
-
-
total
14 972
14 503
-
-
Income
80 000
80 000
80 000
80 000
Total tax
38 737
32 743
36 401
39 589
After tax
41 263
47 257
43 599
40 411
Living cost
27 046
27 046
27 046
27 046
Free-cash
14 217
20 211
16 553
13 365

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴39142
₴23704
₴26780
₴37558
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
-
-
-
20 861
other
-
-
-
-
surtax
-
-
-
3 068
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
42 042
Employee
16 760
-
66 089
-
other
-
-
-
-
unemployment
1 166
-
4 599
-
pensions
1 118
-
4 408
-
surtax
59
-
2 574
-
income
2 810
-
17 939
-
health
428
-
1 686
-
total
5 581
-
31 206
-
Employer
16 760
-
66 089
-
health
762
-
3 007
-
pensions
2 235
-
8 810
-
unemployment
532
-
2 095
-
other
-
-
-
-
total
3 529
-
13 912
-
Corporate
59 712
80 000
-
-
income
15 526
20 800
-
-
total
15 526
20 800
-
-
Dividends
44 186
59 200
-
-
withholding
6 628
8 880
-
-
total
6 628
8 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
31 264
29 680
45 118
42 042
After tax
48 736
50 320
34 882
37 958
Living cost
11 178
11 178
11 178
11 178
Free-cash
37 558
39 142
23 704
26 780

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴28644
₴21412
₴25006
₴27539
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
social contributions
-
-
-
20 576
regional
-
-
-
1 207
municipal
-
-
-
475
national
-
-
-
19 330
total
-
-
-
41 588
Employee
27 607
-
80 000
-
municipal
146
-
424
-
national
4 374
-
16 706
-
regional
372
-
1 076
-
social contributions
9 309
-
26 976
-
total
14 201
-
45 182
-
Employer
27 607
-
80 000
-
total
-
-
-
-
Corporate
52 393
80 000
-
-
municipal
2 604
3 976
-
-
nationa
12 574
19 200
-
-
total
15 178
23 176
-
-
Dividends
37 215
56 824
-
-
withholding
9 676
14 774
-
-
total
9 676
14 774
-
-
Income
80 000
80 000
80 000
80 000
Total tax
39 055
37 950
45 182
41 588
After tax
40 945
42 050
34 818
38 412
Living cost
13 406
13 406
13 406
13 406
Free-cash
27 539
28 644
21 412
25 006

Estimated living cost  is ₴13406 per week

₴8337
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.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴40041
₴25558
₴28853
₴34676
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
-
-
-
7 746
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
10 800
total
-
-
-
36 108
Employee
22 117
-
59 701
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 881
-
income
2 654
-
7 164
-
health
2 986
-
8 060
-
total
7 078
-
19 105
-
Employer
22 117
-
59 701
-
health
1 990
-
5 373
-
social contributions
5 529
-
14 925
-
total
7 519
-
20 298
-
Corporate
50 363
80 000
-
-
income
9 569
15 200
-
-
total
9 569
15 200
-
-
Dividends
40 794
64 800
-
-
withholding
6 119
9 720
-
-
total
6 119
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 285
24 920
39 403
36 108
After tax
49 715
55 080
40 597
43 892
Living cost
15 039
15 039
15 039
15 039
Free-cash
34 676
40 041
25 558
28 853

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴28511
₴5200
₴25260
₴28266
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
-
-
-
20 287
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
320
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
38 862
Employee
21 755
19 833
62 919
-
other
217
198
582
-
unemployment
653
595
1 744
-
pensions
2 228
2 031
5 954
-
income
1 938
1 463
16 053
-
health
841
768
2 250
-
total
5 877
5 055
26 583
-
Employer
21 755
19 833
62 919
-
chamber of commerce
87
79
251
-
health
823
750
2 198
-
pensions
2 730
2 490
7 297
-
accident
282
258
756
-
unemployment
653
595
1 744
-
surtax
-
-
-
-
payroll
653
595
1 888
-
other
1 033
942
2 948
-
total
6 261
5 709
17 082
-
Corporate
51 985
54 459
61 030
-
income

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

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

12 996
13 615
15 257
-
total
12 996
13 615
15 257
-
Dividends
38 988
40 844
-
-
withholding
10 722
11 232
-
-
total
10 722
11 232
-
-
Income
80 000
80 000
80 000
80 000
Total tax
35 856
35 611
58 922
38 862
After tax
44 144
44 389
21 078
41 138
Living cost
15 878
15 878
15 878
15 878
Free-cash
28 266
28 511
5 200
25 260

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴69751
₴57751
₴72951
₴68579
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
7 811
-
80 000
-
income
1 562
-
16 000
-
total
1 562
-
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%.

72 189
80 000
-
-
total
-
-
-
-
Dividends
72 189
80 000
-
-
withholding
3 610
4 000
-
-
total
3 610
4 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
5 172
4 000
16 000
800
After tax
74 828
76 000
64 000
79 200
Living cost
6 249
6 249
6 249
6 249
Free-cash
68 579
69 751
57 751
72 951

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴41731
₴23992
₴26113
₴37569
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
income
-
-
-
17 936
unemployment
-
-
-
120
health
-
-
-
7 872
pensions
-
-
-
14 610
total
-
-
-
40 538
Employee

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

22 007
-
69 222
-
unemployment
31
-
97
-
pensions
3 411
-
10 730
-
income
3 795
-
16 581
-
health
1 421
-
4 472
-
total
8 658
-
31 880
-
Employer

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

22 007
-
69 222
-
health
1 466
-
4 610
-
pensions
1 947
-
6 127
-
unemployment
13
-
42
-
total
3 426
-
10 779
-
Corporate
54 566
80 000
-
-
income
10 368
15 200
-
-
total
10 368
15 200
-
-
Dividends
44 198
64 800
-
-
withholding
6 630
9 720
-
-
total
6 630
9 720
-
-
Income
80 000
80 000
80 000
80 000
Total tax
29 082
24 920
42 659
40 538
After tax
50 918
55 080
37 341
39 462
Living cost
13 349
13 349
13 349
13 349
Free-cash
37 569
41 731
23 992
26 113

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴27414
₴52261
₴34028
₴3979
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
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
Corporate
6 540
80 000
-
-
income
1 439
17 600
-
-
total
1 439
17 600
-
-
Dividends
5 101
62 400
-
-
income
1 122
13 728
-
-
total
1 122
13 728
-
-
Income
80 000
80 000
80 000
80 000
Total tax
54 763
31 328
6 481
24 714
After tax
25 237
48 672
73 519
55 286
Living cost
21 258
21 258
21 258
21 258
Free-cash
3 979
27 414
52 261
34 028

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴29894
₴21659
₴27517
₴29393
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
-
-
-
9 073
surtax
-
-
-
-
social contributions

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

-
-
-
27 800
total
-
-
-
36 873
Employee
22 889
-
64 646
-
surtax
-
-
-
-
social contributions
2 518
-
7 112
-
income
4 761
-
20 265
-
total
7 279
-
27 377
-
Employer
22 889
-
64 646
-
social contributions
5 436
-
15 354
-
total
5 436
-
15 354
-
Corporate
51 675
80 000
-
-
income
10 852
16 800
-
-
surtax
-
-
-
-
total
10 852
16 800
-
-
Dividends
40 823
63 200
-
-
withholding
11 430
17 696
-
-
total
11 430
17 696
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 997
34 496
42 731
36 873
After tax
45 003
45 504
37 269
43 127
Living cost
15 610
15 610
15 610
15 610
Free-cash
29 393
29 894
21 659
27 517

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴16283
₴20780
₴21170
₴19702
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
-
-
-
11 896
other
-
-
-
2 480
surtax
-
-
-
-
social contributions
-
-
-
2 279
health
-
-
-
3 143
pensions
-
-
-
14 995
total
-
-
-
34 793
Employee
31 170
-
62 418
-
pensions
3 526
-
4 131
-
surtax
-
-
-
-
social contributions
888
-
1 778
-
income
2 720
-
11 692
-
total
7 134
-
17 601
-
Employer
31 170
-
62 418
-
health
2 182
-
5 528
-
pensions
5 122
-
6 993
-
unemployment
1 263
-
2 528
-
social contributions
93
-
187
-
other
1 076
-
2 346
-
total
9 736
-
17 582
-
Corporate
39 094
80 000
-
-
income
10 947
22 400
-
-
surtax
-
-
-
-
total
10 947
22 400
-
-
Dividends
28 148
57 600
-
-
surtax
-
-
-
-
social contributions
4 841
9 907
-
-
withholding
3 603
7 373
-
-
total
8 444
17 280
-
-
Income
80 000
80 000
80 000
80 000
Total tax
36 261
39 680
35 183
34 793
After tax
43 739
40 320
44 817
45 207
Living cost
24 037
24 037
24 037
24 037
Free-cash
19 702
16 283
20 780
21 170

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴57040
₴46348
₴44222
₴55368
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
-
-
-
3 218
social contributions
-
-
-
17 600
total
-
-
-
20 818
Employee
16 000
-
69 264
-
income
-
-
3 454
-
social contributions
1 040
-
4 502
-
total
1 040
-
7 956
-
Employer
16 000
-
69 264
-
social contributions
2 480
-
10 736
-
total
2 480
-
10 736
-
Corporate
61 520
80 000
-
-
income
6 152
8 000
-
-
total
6 152
8 000
-
-
Dividends
55 368
72 000
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
9 672
8 000
18 692
20 818
After tax
70 328
72 000
61 308
59 182
Living cost
14 960
14 960
14 960
14 960
Free-cash
55 368
57 040
46 348
44 222

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴28427
-₴28427
₴23659
-₴28427
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
labour market
-
-
-
6 365
municipal
-
-
-
16 437
national
-
-
-
9 141
pensions
-
-
-
431
total
-
-
-
32 374
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
80 000
80 000
80 000
80 000
Total tax
84 460
84 460
84 460
32 374
After tax
-4 460
-4 460
-4 460
47 626
Living cost
23 967
23 967
23 967
23 967
Free-cash
-28 427
-28 427
-28 427
23 659

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
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.
₴5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴4467
₴32193
₴43774
₴4800
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
accident
-
-
-
128
income
-
-
-
21 762
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
25 279
Employee
17 220
-
71 490
-
pensions
1 939
-
3 853
-
income
2 362
-
16 312
-
health
1 972
-
8 186
-
total
6 273
-
28 351
-
Employer
17 220
-
71 490
-
pensions
2 800
-
5 564
-
accident
288
-
1 194
-
unemployment
422
-
1 751
-
total
3 510
-
8 509
-
Corporate
59 271
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.

53 344
72 000
-
-
total
53 344
72 000
-
-
Dividends
5 927
8 000
-
-
withholding
1 126
1 520
-
-
total
1 126
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
64 253
73 520
36 860
25 279
After tax
15 747
6 480
43 140
54 721
Living cost
10 947
10 947
10 947
10 947
Free-cash
4 800
-4 467
32 193
43 774

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₴31499
₴23348
₴33605
₴32567
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
health
-
-
-
1 025
municipal
-
-
-
14 216
national
-
-
-
12 047
total
-
-
-
27 288
Employee
26 184
-
67 300
-
municipal
4 289
-
10 966
-
unemployment
393
-
1 010
-
pensions
1 767
-
4 543
-
national
433
-
7 499
-
health
195
-
828
-
total
7 077
-
24 846
-
Employer
26 184
-
67 300
-
health
201
-
518
-
pensions
4 543
-
11 677
-
accident
26
-
67
-
unemployment
170
-
437
-
total
4 940
-
12 699
-
Corporate
48 876
80 000
-
-
income
9 775
16 000
-
-
total
9 775
16 000
-
-
Dividends

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

29 326
48 000
-
-
municipal
5 278
8 640
-
-
national
1 256
4 754
-
-
total
6 534
13 394
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 326
29 394
37 545
27 288
After tax
51 674
50 606
42 455
52 712
Living cost
19 107
19 107
19 107
19 107
Free-cash
32 567
31 499
23 348
33 605

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴46862
₴42816
₴43541
₴44153
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
-
-
-
14 844
social contributions
-
-
-
8 052
health
-
-
-
2 040
total
-
-
-
24 936
Employee
38 269
38 269
74 341
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
14 454
-
health
297
651
1 264
-
total
5 911
7 370
20 002
-
Employer
38 269
38 269
74 341
-
health
322
708
1 375
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 659
-
Corporate
60 798
37 847
-
-
income
7 600
4 731
-
-
total
7 600
4 731
-
-
Dividends
53 198
33 116
-
-
withholding
9 044
5 630
-
-
total
9 044
5 630
-
-
Income
80 000
80 000
80 000
80 000
Total tax
24 324
21 615
25 661
24 936
After tax
55 676
58 385
54 339
55 064
Living cost
11 523
11 523
11 523
11 523
Free-cash
44 153
46 862
42 816
43 541

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴58346
₴49059
₴59041
₴55814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
80 000
income
-
-
-
8 076
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
13 057
Employee

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

11 423
-
75 136
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
6 842
-
health
971
-
4 014
-
total
3 522
-
18 175
-
Employer

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

11 423
-
75 136
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
67 401
80 000
-
-
income
6 066
7 200
-
-
total
6 066
7 200
-
-
Dividends
61 335
72 800
-
-
withholding
5 520
6 552
-
-
total
5 520
6 552
-
-
Income
80 000
80 000
80 000
80 000
Total tax
16 284
13 752
23 039
13 057
After tax
63 716
66 248
56 961
66 943
Living cost
7 902
7 902
7 902
7 902
Free-cash
55 814
58 346
49 059
59 041

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴39733
₴29210
₴31297
₴37536
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
accident
-
-
-
416
income
-
-
-
21 179
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
35 018
Employee
18 402
-
65 294
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
19 471
-
total
4 716
-
22 400
-
Employer
18 402
-
65 294
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
55 731
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.

8 360
12 000
-
-
total
8 360
12 000
-
-
Dividends
47 371
68 000
-
-
withholding
9 837
14 582
-
-
total
9 837
14 582
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 779
26 582
37 105
35 018
After tax
51 221
53 418
42 895
44 982
Living cost
13 685
13 685
13 685
13 685
Free-cash
37 536
39 733
29 210
31 297

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴48912
₴50328
₴50400
₴48746
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
-
-
-
27 324
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
28 592
Employee
1 535
-
79 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
27 285
-
health
77
-
184
-
total
527
-
27 837
-
Employer
1 535
-
79 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
78 119
80 000
-
-
income
17 186
17 600
-
-
total
17 186
17 600
-
-
Dividends
60 933
62 400
-
-
withholding
12 187
12 480
-
-
total
12 187
12 480
-
-
Income
80 000
80 000
80 000
80 000
Total tax
30 246
30 080
28 664
28 592
After tax
49 754
49 920
51 336
51 408
Living cost
1 008
1 008
1 008
1 008
Free-cash
48 746
48 912
50 328
50 400

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴49209
₴39608
₴39607
₴46765
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
income
-
-
-
17 925
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
31 802
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.

12 954
-
73 429
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
17 925
-
health
667
-
1 891
-
total
4 364
-
25 230
-
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.

12 954
-
73 429
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
64 727
80 000
-
-
income
9 709
12 000
-
-
total
9 709
12 000
-
-
Dividends
55 018
68 000
-
-
withholding
8 253
10 200
-
-
total
8 253
10 200
-
-
Income
80 000
80 000
80 000
80 000
Total tax
24 644
22 200
31 801
31 802
After tax
55 356
57 800
48 199
48 198
Living cost
8 590
8 590
8 590
8 590
Free-cash
46 765
49 209
39 608
39 607

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴1893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴32087
₴23852
₴29710
₴31907
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
-
-
-
9 073
surtax
-
-
-
-
social contributions

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

-
-
-
27 800
total
-
-
-
36 873
Employee
19 316
-
64 646
-
surtax
-
-
-
-
social contributions
2 125
-
7 112
-
income
3 774
-
20 265
-
total
5 899
-
27 377
-
Employer
19 316
-
64 646
-
social contributions
4 587
-
15 354
-
total
4 587
-
15 354
-
Corporate
56 097
80 000
-
-
income
11 781
16 800
-
-
surtax
-
-
-
-
total
11 781
16 800
-
-
Dividends
44 316
63 200
-
-
withholding
12 409
17 696
-
-
total
12 409
17 696
-
-
Income
80 000
80 000
80 000
80 000
Total tax
34 676
34 496
42 731
36 873
After tax
45 324
45 504
37 269
43 127
Living cost
13 417
13 417
13 417
13 417
Free-cash
31 907
32 087
23 852
29 710

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴35928
₴25405
₴27492
₴32547
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
accident
-
-
-
416
income
-
-
-
21 179
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
35 018
Employee
24 035
-
65 294
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
19 471
-
total
6 546
-
22 400
-
Employer
24 035
-
65 294
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
48 301
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.

7 246
12 000
-
-
total
7 246
12 000
-
-
Dividends
41 056
68 000
-
-
withholding
8 508
14 582
-
-
total
8 508
14 582
-
-
Income
80 000
80 000
80 000
80 000
Total tax
29 963
26 582
37 105
35 018
After tax
50 037
53 418
42 895
44 982
Living cost
17 490
17 490
17 490
17 490
Free-cash
32 547
35 928
25 405
27 492

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴59841
₴57857
₴54800
₴56808
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
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
16 641
Employee
11 334
-
76 590
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
7 659
-
health
521
-
799
-
total
2 775
-
10 175
-
Employer
11 334
-
76 590
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
66 443
80 000
-
-
income
6 644
8 000
-
-
total
6 644
8 000
-
-
Dividends
59 798
72 000
-
-
withholding
2 990
3 600
-
-
total
2 990
3 600
-
-
Income
80 000
80 000
80 000
80 000
Total tax
14 633
11 600
13 584
16 641
After tax
65 367
68 400
66 416
63 359
Living cost
8 559
8 559
8 559
8 559
Free-cash
56 808
59 841
57 857
54 800

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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

Source of data for Sofia model

Close
Berlin , Germany
₴21970
₴32193
₴24033
₴28481
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
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.

-
-
-
23 879
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.

-
-
-
1 314
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
8 160
total
-
-
-
36 753
Employee

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

24 762
-
80 000
-
surtax

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

112
-
1 314
-
income

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

2 036
-
23 879
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
5 548
-
28 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 238
80 000
-
-
income
8 285
12 000
-
-
surtax

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

456
660
-
-
chamber of commerce
157
193
-
-
trade
7 927
11 480
-
-
total
16 825
24 333
-
-
Dividends
38 413
55 668
-
-
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.

518
755
-
-
withholding
9 414
13 728
-
-
total
9 932
14 483
-
-
Income
80 000
80 000
80 000
80 000
Total tax
32 305
38 816
28 593
36 753
After tax
47 695
41 184
51 407
43 247
Living cost
19 214
19 214
19 214
19 214
Free-cash
28 481
21 970
32 193
24 033

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₴27650
₴14706
₴14706
₴28749
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
-
-
-
23 774
social contributions
-
-
-
13 170
total
-
-
-
36 944
Employee
38 929
-
80 000
-
income
7 346
-
23 774
-
social contributions
3 234
-
13 170
-
total
10 580
-
36 944
-
Employer
38 929
-
80 000
-
total
-
-
-
-
Corporate
41 071
80 000
-
-
income
5 134
10 000
-
-
total
5 134
10 000
-
-
Dividends
35 937
70 000
-
-
withholding
7 187
14 000
-
-
total
7 187
14 000
-
-
Income
80 000
80 000
80 000
80 000
Total tax
22 901
24 000
36 944
36 944
After tax
57 099
56 000
43 056
43 056
Living cost
28 350
28 350
28 350
28 350
Free-cash
28 749
27 650
14 706
14 706

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴31305
₴39283
₴44751
₴33045
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
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
77 711
-
income
2 477
-
18 073
-
social contributions
2 287
-
2 289
-
total
4 764
-
20 362
-
Employer
22 830
-
77 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
54 882
80 000
-
-
income
19 209
28 000
-
-
total
19 209
28 000
-
-
Dividends
35 673
52 000
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
80 000
80 000
80 000
80 000
Total tax
28 889
30 629
22 651
17 183
After tax
51 111
49 371
57 349
62 817
Living cost
18 066
18 066
18 066
18 066
Free-cash
33 045
31 305
39 283
44 751

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴34717
₴27869
₴35153
₴37659
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
-
-
-
22 059
pensions
-
-
-
4 322
total
-
-
-
26 381
Employee
25 347
-
69 955
-
pensions
1 935
-
5 371
-
income
4 616
-
17 205
-
health
331
-
1 044
-
total
6 882
-
23 620
-
Employer
25 347
-
69 955
-
health
482
-
1 329
-
pensions
2 561
-
8 716
-
total
3 043
-
10 045
-
Corporate
51 610
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.

9 806
15 200
-
-
total
9 806
15 200
-
-
Dividends
41 804
64 800
-
-
withholding
4 144
11 617
-
-
total
4 144
11 617
-
-
Income
80 000
80 000
80 000
80 000
Total tax
23 875
26 817
33 665
26 381
After tax
56 125
53 183
46 335
53 619
Living cost
18 466
18 466
18 466
18 466
Free-cash
37 659
34 717
27 869
35 153

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴5551
₴31109
₴42690
₴4634
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
accident
-
-
-
128
income
-
-
-
21 762
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
25 279
Employee
18 925
-
71 490
-
pensions
2 131
-
3 853
-
income
2 596
-
16 312
-
health
2 167
-
8 186
-
total
6 894
-
28 351
-
Employer
18 925
-
71 490
-
pensions
3 077
-
5 564
-
accident
316
-
1 194
-
unemployment
464
-
1 751
-
total
3 857
-
8 509
-
Corporate
57 219
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.

51 497
72 000
-
-
total
51 497
72 000
-
-
Dividends
5 722
8 000
-
-
withholding
1 087
1 520
-
-
total
1 087
1 520
-
-
Income
80 000
80 000
80 000
80 000
Total tax
63 335
73 520
36 860
25 279
After tax
16 665
6 480
43 140
54 721
Living cost
12 031
12 031
12 031
12 031
Free-cash
4 634
-5 551
31 109
42 690

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₴60596
₴49256
₴38311
₴58268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
80 000
income
-
-
-
13 074
unemployment
-
-
-
955
work injury
-
-
-
398
health insurance
-
-
-
5 891
pensions
-
-
-
14 647
total
-
-
-
34 965
Employee

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

10 758
-
80 000
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
13 074
-
total
4 034
-
24 020
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 242
80 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

692
800
-
-
total
692
800
-
-
Dividends
68 550
79 200
-
-
withholding
10 282
11 880
-
-
total
10 282
11 880
-
-
Income
80 000
80 000
80 000
80 000
Total tax
15 008
12 680
24 020
34 965
After tax
64 992
67 320
55 980
45 035
Living cost
6 724
6 724
6 724
6 724
Free-cash
58 268
60 596
49 256
38 311

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴22313
₴14398
₴17909
₴20049
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
social contributions
-
-
-
20 576
regional
-
-
-
1 824
municipal
-
-
-
535
national
-
-
-
19 330
total
-
-
-
42 265
Employee
41 937
-
80 000
-
municipal
250
-
477
-
national
7 087
-
16 706
-
regional
633
-
1 617
-
social contributions
14 141
-
26 976
-
total
22 111
-
45 776
-
Employer
41 937
-
80 000
-
total
-
-
-
-
Corporate
38 063
80 000
-
-
municipal
1 835
3 856
-
-
nationa
9 135
19 200
-
-
total
10 970
23 056
-
-
Dividends
27 092
56 944
-
-
withholding
7 044
14 805
-
-
total
7 044
14 805
-
-
Income
80 000
80 000
80 000
80 000
Total tax
40 125
37 861
45 776
42 265
After tax
39 875
42 139
34 224
37 735
Living cost
19 826
19 826
19 826
19 826
Free-cash
20 049
22 313
14 398
17 909

Estimated living cost  is ₴19826 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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