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
₴ 81000
per

Your estimated
City
free-cash

Dresden , Germany
₴27829
₴32585
₴28402
₴38013
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.

-
-
-
81 000
trade
-
-
-
9 611
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.

-
-
-
25 628
health

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

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

-
-
-
2 935
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.

-
-
-
1 410
total
-
-
-
39 584
Employee

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

16 433
-
81 000
-
health

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

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

2 935
-
2 935
-
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.

25
-
1 410
-
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.

459
-
25 628
-
total
3 419
-
29 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 567
81 000
-
-
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.

532
669
-
-
income
9 685
12 150
-
-
trade
10 169
12 758
-
-
chamber of commerce
158
182
-
-
total
20 544
25 759
-
-
Dividends
44 022
55 242
-
-
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.

596
751
-
-
withholding
10 842
13 647
-
-
total
11 438
14 398
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 401
40 157
29 973
39 584
After tax
45 599
40 843
51 027
41 416
Living cost
13 014
13 014
13 014
13 014
Free-cash
32 585
27 829
38 013
28 402

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
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.
₴3067
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
₴28864
₴28503
₴25564
₴26000
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
-
-
-
81 000
municipal
-
-
-
8 914
pensions
-
-
-
9 720
national
-
-
-
14 251
social contributions
-
-
-
871
total
-
-
-
33 756
Employee
33 608
-
70 024
-
municipal
4 151
-
9 227
-
pensions
1 344
-
2 801
-
national
6 433
-
14 937
-
total
11 928
-
26 965
-
Employer
33 608
-
70 024
-
social contributions
361
-
753
-
pensions
2 689
-
5 602
-
total
3 050
-
6 355
-
Corporate
42 124
81 000
-
-
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%.

8 425
16 200
-
-
total
8 425
16 200
-
-
Dividends
33 699
64 800
-
-
withholding
7 414
14 256
-
-
total
7 414
14 256
-
-
Income
81 000
81 000
81 000
81 000
Total tax
30 817
30 456
33 320
33 756
After tax
50 183
50 544
47 680
47 244
Living cost
21 680
21 680
21 680
21 680
Free-cash
28 503
28 864
26 000
25 564

Estimated living cost  is ₴21680 per week

₴14736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4605
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
₴55861
₴52337
₴19470
₴25454
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.

-
-
-
81 000
microenterprise
-
-
-
-
income
-
-
-
15 474
surtax
-
-
-
20 655
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.

-
-
-
16 462
total
-
-
-
52 591
Employee
12 555
-
61 860
-
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.

1 381
-
5 632
-
surtax
-
-
8 970
-
income
2 235
-
12 865
-
total
3 616
-
27 467
-
Employer
12 555
-
61 860
-
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.

3 024
-
12 335
-
surtax
-
-
6 805
-
total
3 024
-
19 140
-
Corporate
65 421
81 000
-
-
income

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

13 084
16 200
-
-
total
13 084
16 200
-
-
Dividends

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

52 337
64 800
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
19 724
16 200
46 607
52 591
After tax
61 276
64 800
34 393
28 409
Living cost
8 939
8 939
8 939
8 939
Free-cash
52 337
55 861
25 454
19 470

Estimated living cost  is ₴8939 per week

₴5703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴22183
₴19550
₴26350
₴33186
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
-
-
-
81 000
income
-
-
-
26 319
pensions
-
-
-
5 034
health
-
-
-
5 298
total
-
-
-
36 651
Employee
36 691
36 691
73 015
-
health
5 632
4 790
5 298
-
income

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

6 006
6 006
11 499
-
pensions
6 604
5 034
5 034
-
total
18 242
15 830
21 831
-
Employer
36 691
36 691
73 015
-
unemployment
1 321
1 321
1 641
-
pensions
2 554
2 554
3 174
-
health
2 550
2 550
3 169
-
total
6 425
6 425
7 984
-
Corporate
38 335
37 884
-
-
income
7 667
7 577
-
-
total
7 667
7 577
-
-
Dividends
30 668
30 307
-
-
income
6 517
6 440
-
-
withholding
4 600
4 546
-
-
total
11 117
10 986
-
-
Income
81 000
81 000
81 000
81 000
Total tax
43 451
40 818
29 815
36 651
After tax
37 549
40 182
51 185
44 349
Living cost
17 999
17 999
17 999
17 999
Free-cash
19 550
22 183
33 186
26 350

Estimated living cost  is ₴17999 per week

₴12755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
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.
₴3335
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
₴27559
₴27183
₴24467
₴24063
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
-
-
-
81 000
municipal
-
-
-
20 999
accident
-
-
-
73
pensions
-
-
-
3 949
other
-
-
-
4 245
unemployment
-
-
-
37
health
-
-
-
2 279
national
-
-
-
8 284
total
-
-
-
39 866
Employee
23 749
-
69 523
-
municipal
7 082
-
20 732
-
national
-
-
8 061
-
total
7 082
-
28 793
-
Employer
23 749
-
69 523
-
accident
48
-
73
-
other
2 760
-
4 245
-
unemployment
627
-
964
-
pensions
2 567
-
3 949
-
health
1 461
-
2 246
-
total
7 463
-
11 477
-
Corporate
49 790
81 000
-
-
income
10 954
17 820
-
-
total
10 954
17 820
-
-
Dividends
38 836
63 180
-
-
withholding
11 651
18 954
-
-
total
11 651
18 954
-
-
Income
81 000
81 000
81 000
81 000
Total tax
37 150
36 774
40 270
39 866
After tax
43 850
44 226
40 730
41 134
Living cost
16 667
16 667
16 667
16 667
Free-cash
27 183
27 559
24 063
24 467

Estimated living cost  is ₴16667 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
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.
₴3732
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
₴23549
₴29586
₴24109
₴34148
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.

-
-
-
81 000
trade
-
-
-
10 039
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.

-
-
-
25 628
health

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

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

-
-
-
2 935
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.

-
-
-
1 410
total
-
-
-
40 012
Employee

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

21 789
-
81 000
-
health

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

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

2 935
-
2 935
-
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.

103
-
1 410
-
income

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

1 872
-
25 628
-
total
4 910
-
29 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 211
81 000
-
-
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.

488
669
-
-
income
8 882
12 150
-
-
trade
9 740
13 324
-
-
chamber of commerce
149
180
-
-
total
19 259
26 323
-
-
Dividends
39 952
54 677
-
-
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.

541
743
-
-
withholding
9 825
13 506
-
-
total
10 366
14 249
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 535
40 572
29 973
40 012
After tax
46 465
40 428
51 027
40 988
Living cost
16 879
16 879
16 879
16 879
Free-cash
29 586
23 549
34 148
24 109

Estimated living cost  is ₴16879 per week

₴11288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3558
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
₴45137
₴43356
₴41161
₴40464
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
-
-
-
81 000
income
-
-
-
16 886
health
-
-
-
2 065
social contributions
-
-
-
6 952
total
-
-
-
25 903
Employee
33 038
33 038
75 898
-
social contributions
1 605
2 742
3 698
-
health
329
562
1 290
-
income
3 469
3 058
16 510
-
total
5 403
6 362
21 498
-
Employer
33 038
33 038
75 898
-
social contributions
1 605
2 742
3 698
-
health
358
612
1 404
-
total
1 963
3 354
5 102
-
Corporate
59 698
44 608
-
-
income
7 462
5 576
-
-
total
7 462
5 576
-
-
Dividends
52 236
39 032
-
-
withholding
8 880
6 635
-
-
total
8 880
6 635
-
-
Income
81 000
81 000
81 000
81 000
Total tax
23 708
21 927
26 600
25 903
After tax
57 292
59 073
54 400
55 097
Living cost
13 936
13 936
13 936
13 936
Free-cash
43 356
45 137
40 464
41 161

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3087
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
₴37692
₴37855
₴48315
₴39158
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
-
-
-
81 000
income
-
-
-
9 902
pensions
-
-
-
8 100
unemployment
-
-
-
1 215
health
-
-
-
5 670
total
-
-
-
24 887
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.

11 256
4 480
67 782
-
health
788
314
4 745
-
income
1 376
548
8 286
-
pensions
1 126
448
6 778
-
unemployment
169
67
1 017
-
total
3 459
1 377
20 826
-
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.

11 256
4 480
67 782
-
pensions
2 195
874
13 218
-
total
2 195
874
13 218
-
Corporate
67 549
75 647
-
-
income
6 079
6 808
-
-
total
6 079
6 808
-
-
Dividends
61 470
68 838
-
-
social contributions
11 935
13 372
-
-
withholding
11 679
13 079
-
-
total
23 614
26 451
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 347
35 510
34 044
24 887
After tax
45 653
45 490
46 956
56 113
Living cost
7 798
7 798
7 798
7 798
Free-cash
37 855
37 692
39 158
48 315

Estimated living cost  is ₴7798 per week

₴5321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1683
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
₴54422
₴51753
₴33038
₴36308
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
-
-
-
81 000
income
-
-
-
10 854
pensions
-
-
-
16 200
health
-
-
-
10 530
total
-
-
-
37 584
Employee
12 189
-
60 538
-
income
1 372
-
11 672
-
pensions
244
-
1 211
-
unemployment
195
-
969
-
total
1 811
-
13 852
-
Employer
12 189
-
60 538
-
unemployment
98
-
484
-
pensions
2 438
-
12 108
-
health
1 584
-
7 870
-
total
4 120
-
20 462
-
Corporate
64 691
81 000
-
-
income
12 938
16 200
-
-
total
12 938
16 200
-
-
Dividends
51 754
64 800
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
18 869
16 200
34 314
37 584
After tax
62 131
64 800
46 686
43 416
Living cost
10 378
10 378
10 378
10 378
Free-cash
51 753
54 422
36 308
33 038

Estimated living cost  is ₴10378 per week

₴7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2433
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
-₴2869
₴5115
₴45922
₴34762
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
-
-
-
81 000
accident
-
-
-
108
income
-
-
-
22 663
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
25 648
Employee
14 834
-
73 259
-
health
1 698
-
8 388
-
income
2 035
-
17 410
-
pensions
1 670
-
3 270
-
total
5 403
-
29 068
-
Employer
14 834
-
73 259
-
accident
248
-
1 223
-
unemployment
363
-
1 795
-
pensions
2 412
-
4 722
-
total
3 023
-
7 740
-
Corporate
63 143
81 000
-
-
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.

56 829
72 900
-
-
total
56 829
72 900
-
-
Dividends
6 314
8 100
-
-
withholding
1 200
1 539
-
-
total
1 200
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
66 455
74 439
36 808
25 648
After tax
14 545
6 561
44 192
55 352
Living cost
9 430
9 430
9 430
9 430
Free-cash
5 115
-2 869
34 762
45 922

Estimated living cost  is ₴9430 per week

₴6911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴1800
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
₴73057
₴72327
₴76297
₴60907
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%.

-
-
-
81 000
microenterprise

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

-
-
-
810
total
-
-
-
810
Employee
4 866
-
81 000
-
income
973
-
16 200
-
total
973
-
16 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

76 134
81 000
-
-
total
-
-
-
-
Dividends
76 134
81 000
-
-
withholding
3 807
4 050
-
-
total
3 807
4 050
-
-
Income
81 000
81 000
81 000
81 000
Total tax
4 780
4 050
16 200
810
After tax
76 220
76 950
64 800
80 190
Living cost
3 893
3 893
3 893
3 893
Free-cash
72 327
73 057
60 907
76 297

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
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.
₴1050
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
₴48061
₴45159
₴34876
₴34332
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
-
-
-
81 000
income
-
-
-
13 017
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.

-
-
-
15 681
other
-
-
-
3 103
health
-
-
-
2 875
total
-
-
-
34 676
Employee
15 600
-
64 697
-
health
219
-
906
-
income
2 686
-
12 836
-
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.

1 092
-
4 528
-
unemployment
156
-
647
-
total
4 153
-
18 917
-
Employer
15 600
-
64 697
-
accident
125
-
518
-
other
780
-
3 234
-
unemployment
156
-
647
-
pensions

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

2 652
-
10 998
-
health
219
-
906
-
total
3 932
-
16 303
-
Corporate
61 468
81 000
-
-
income
12 909
17 010
-
-
total
12 909
17 010
-
-
Dividends
48 560
63 990
-
-
withholding
3 399
4 480
-
-
total
3 399
4 480
-
-
Income
81 000
81 000
81 000
81 000
Total tax
24 393
21 490
35 220
34 676
After tax
56 607
59 510
45 780
46 324
Living cost
11 448
11 448
11 448
11 448
Free-cash
45 159
48 061
34 332
34 876

Estimated living cost  is ₴11448 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2402
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
₴23736
₴26092
₴24604
₴17304
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
-
-
-
81 000
income
-
-
-
23 724
pensions
-
-
-
3 969
total
-
-
-
27 693
Employee
40 611
-
70 709
-
health
669
-
1 004
-
income
7 321
-
18 856
-
pensions
3 918
-
4 842
-
total
11 908
-
24 702
-
Employer
40 611
-
70 709
-
pensions
4 795
-
8 948
-
health
771
-
1 343
-
total
5 566
-
10 291
-
Corporate
34 823
81 000
-
-
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.

6 616
15 390
-
-
total
6 616
15 390
-
-
Dividends
28 206
65 610
-
-
withholding
2 115
13 171
-
-
total
2 115
13 171
-
-
Income
81 000
81 000
81 000
81 000
Total tax
26 205
28 561
34 993
27 693
After tax
54 795
52 439
46 007
53 307
Living cost
28 703
28 703
28 703
28 703
Free-cash
26 092
23 736
17 304
24 604

Estimated living cost  is ₴28703 per week

₴21508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3590
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
₴63622
₴61626
₴59210
₴62444
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
-
-
-
81 000
income
-
-
-
12 150
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
16 157
Employee
7 458
-
78 056
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
746
-
7 806
-
pensions

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

655
-
1 318
-
total
1 826
-
9 979
-
Employer
7 458
-
78 056
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 654
-
health
515
-
1 035
-
total
1 464
-
2 944
-
Corporate
72 078
81 000
-
-
income
7 208
8 100
-
-
total
7 208
8 100
-
-
Dividends
64 870
72 900
-
-
withholding
3 243
3 645
-
-
total
3 243
3 645
-
-
Income
81 000
81 000
81 000
81 000
Total tax
13 741
11 745
12 923
16 157
After tax
67 259
69 255
68 077
64 843
Living cost
5 633
5 633
5 633
5 633
Free-cash
61 626
63 622
62 444
59 210

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1793
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
₴16357
₴17437
₴20524
₴27360
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
-
-
-
81 000
income
-
-
-
26 319
pensions
-
-
-
5 034
health
-
-
-
5 298
total
-
-
-
36 651
Employee
39 834
36 691
73 015
-
health
4 970
4 790
5 298
-
income

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

6 006
6 006
11 499
-
pensions
5 034
5 034
5 034
-
total
16 010
15 830
21 831
-
Employer
39 834
36 691
73 015
-
unemployment
1 434
1 321
1 641
-
pensions
2 772
2 554
3 174
-
health
2 768
2 550
3 169
-
total
6 974
6 425
7 984
-
Corporate
34 191
37 884
-
-
income
6 838
7 577
-
-
total
6 838
7 577
-
-
Dividends
27 353
30 307
-
-
income
5 813
6 440
-
-
withholding
4 103
4 546
-
-
total
9 916
10 986
-
-
Income
81 000
81 000
81 000
81 000
Total tax
39 738
40 818
29 815
36 651
After tax
41 262
40 182
51 185
44 349
Living cost
23 825
23 825
23 825
23 825
Free-cash
17 437
16 357
27 360
20 524

Estimated living cost  is ₴23825 per week

₴17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴3849
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
₴45494
₴41829
₴36390
₴33006
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
-
-
-
81 000
income
-
-
-
8 292
health
-
-
-
10 935
solidarity contribution
-
-
-
325
social contributions
-
-
-
14 784
total
-
-
-
34 336
Employee
15 109
-
62 699
-
social contributions
982
-
3 291
-
health
2 040
-
8 464
-
solidarity contribution
-
-
22
-
income
1 813
-
7 642
-
total
4 835
-
19 419
-
Employer
15 109
-
62 699
-
social contributions
3 777
-
12 658
-
health
1 360
-
5 643
-
total
5 137
-
18 301
-
Corporate
60 754
81 000
-
-
income
11 543
15 390
-
-
total
11 543
15 390
-
-
Dividends
49 210
65 610
-
-
withholding
7 382
9 842
-
-
total
7 382
9 842
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 897
25 232
37 720
34 336
After tax
52 103
55 768
43 280
46 664
Living cost
10 274
10 274
10 274
10 274
Free-cash
41 829
45 494
33 006
36 390

Estimated living cost  is ₴10274 per week

₴7137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴25087
₴22843
₴20271
₴16611
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
-
-
-
81 000
municipal
-
-
-
481
regional
-
-
-
962
national
-
-
-
20 323
social contributions
-
-
-
20 833
total
-
-
-
42 599
Employee
38 185
-
81 000
-
social contributions
12 876
-
27 313
-
regional
360
-
850
-
municipal
202
-
430
-
national
6 617
-
17 666
-
total
20 055
-
46 259
-
Employer
38 185
-
81 000
-
total
-
-
-
-
Corporate
42 815
81 000
-
-
nationa
10 276
19 440
-
-
municipal
1 670
3 159
-
-
total
11 946
22 599
-
-
Dividends
30 869
58 401
-
-
withholding
8 026
15 184
-
-
total
8 026
15 184
-
-
Income
81 000
81 000
81 000
81 000
Total tax
40 027
37 783
46 259
42 599
After tax
40 973
43 217
34 741
38 401
Living cost
18 130
18 130
18 130
18 130
Free-cash
22 843
25 087
16 611
20 271

Estimated living cost  is ₴18130 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4025
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
₴41468
₴40131
₴28779
₴26152
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
-
-
-
81 000
income
-
-
-
23 379
pensions
-
-
-
11 469
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 071
surtax
-
-
-
3 723
total
-
-
-
42 740
Employee
14 208
-
68 930
-
other
-
-
-
-
health
363
-
1 462
-
surtax
46
-
3 209
-
income
2 382
-
20 810
-
pensions
947
-
3 825
-
unemployment
989
-
3 991
-
total
4 727
-
33 297
-
Employer
14 208
-
68 930
-
other
-
-
-
-
unemployment
450
-
1 817
-
pensions
1 894
-
7 644
-
health
647
-
2 609
-
total
2 991
-
12 070
-
Corporate
63 801
81 000
-
-
income
16 588
21 060
-
-
total
16 588
21 060
-
-
Dividends
47 213
59 940
-
-
withholding
7 082
8 991
-
-
total
7 082
8 991
-
-
Income
81 000
81 000
81 000
81 000
Total tax
31 388
30 051
45 367
42 740
After tax
49 612
50 949
35 633
38 260
Living cost
9 481
9 481
9 481
9 481
Free-cash
40 131
41 468
26 152
28 779

Estimated living cost  is ₴9481 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴32830
₴35666
₴33698
₴26398
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
-
-
-
81 000
income
-
-
-
23 724
pensions
-
-
-
3 969
total
-
-
-
27 693
Employee
27 216
-
70 709
-
health
395
-
1 004
-
income
4 902
-
18 856
-
pensions
2 310
-
4 842
-
total
7 607
-
24 702
-
Employer
27 216
-
70 709
-
pensions
2 946
-
8 948
-
health
517
-
1 343
-
total
3 463
-
10 291
-
Corporate
50 320
81 000
-
-
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.

9 561
15 390
-
-
total
9 561
15 390
-
-
Dividends
40 760
65 610
-
-
withholding
5 094
13 171
-
-
total
5 094
13 171
-
-
Income
81 000
81 000
81 000
81 000
Total tax
25 725
28 561
34 993
27 693
After tax
55 275
52 439
46 007
53 307
Living cost
19 609
19 609
19 609
19 609
Free-cash
35 666
32 830
26 398
33 698

Estimated living cost  is ₴19609 per week

₴14691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
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.
₴3243
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
₴4363
₴18345
₴32419
₴28858
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
-
-
-
81 000
city
-
-
-
854
pensions
-
-
-
7 452
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.

-
-
-
1 620
regional
-
-
-
4 188
health
-
-
-
182
national
-
-
-
1 609
total
-
-
-
15 905
Employee
38 240
-
72 548
-
city
410
-
780
-
regional
1 252
-
3 630
-
health
86
-
163
-
pensions
3 213
-
6 040
-
unemployment
-
-
-
-
national
181
-
1 199
-
total
5 142
-
11 812
-
Employer
38 240
-
72 548
-
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.

765
-
1 451
-
unemployment
-
-
-
-
pensions
3 213
-
6 040
-
health
86
-
163
-
total
4 064
-
7 654
-
Corporate
38 276
81 000
-
-
regional
8 095
17 132
-
-
national
3 254
6 885
-
-
total
11 349
24 017
-
-
Dividends
26 927
56 983
-
-
withholding
9 424
19 944
-
-
total
9 424
19 944
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 979
43 961
19 466
15 905
After tax
51 021
37 039
61 534
65 095
Living cost
32 676
32 676
32 676
32 676
Free-cash
18 345
4 363
28 858
32 419

Estimated living cost  is ₴32676 per week

₴21249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
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.
₴8094
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
₴20328
₴27297
₴20878
₴31344
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.

-
-
-
81 000
trade
-
-
-
10 466
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.

-
-
-
25 628
health

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

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

-
-
-
2 935
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.

-
-
-
1 410
total
-
-
-
40 439
Employee

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

25 821
-
81 000
-
health

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

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

2 935
-
2 935
-
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.

167
-
1 410
-
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.

3 036
-
25 628
-
total
6 138
-
29 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 179
81 000
-
-
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.

455
669
-
-
income
8 277
12 150
-
-
trade
9 463
13 892
-
-
chamber of commerce
143
179
-
-
total
18 338
26 890
-
-
Dividends
36 842
54 110
-
-
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.

497
735
-
-
withholding
9 047
13 364
-
-
total
9 544
14 099
-
-
Income
81 000
81 000
81 000
81 000
Total tax
34 020
40 989
29 973
40 439
After tax
46 980
40 011
51 027
40 561
Living cost
19 683
19 683
19 683
19 683
Free-cash
27 297
20 328
31 344
20 878

Estimated living cost  is ₴19683 per week

₴14375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3477
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
₴26123
₴28664
₴30860
₴29205
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
-
-
-
81 000
income
-
-
-
13 094
pensions
-
-
-
13 936
other
-
-
-
2 511
health
-
-
-
3 591
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
35 440
Employee
18 388
-
62 468
-
social contributions
524
-
1 780
-
surtax
-
-
-
-
income
1 085
-
12 347
-
pensions
2 079
-
4 435
-
total
3 688
-
18 562
-
Employer
18 388
-
62 468
-
other
634
-
2 476
-
social contributions
55
-
188
-
unemployment
744
-
2 530
-
pensions
3 021
-
7 451
-
health
1 287
-
5 888
-
total
5 741
-
18 533
-
Corporate
56 869
81 000
-
-
surtax
-
-
-
-
income
15 924
22 680
-
-
total
15 924
22 680
-
-
Dividends
40 945
58 320
-
-
surtax
-
-
-
-
social contributions
7 042
10 032
-
-
withholding
5 241
7 465
-
-
total
12 283
17 497
-
-
Income
81 000
81 000
81 000
81 000
Total tax
37 636
40 177
37 095
35 440
After tax
43 364
40 823
43 905
45 560
Living cost
14 700
14 700
14 700
14 700
Free-cash
28 664
26 123
29 205
30 860

Estimated living cost  is ₴14700 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3986
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
₴27580
₴29966
₴32317
₴30662
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
-
-
-
81 000
income
-
-
-
13 094
pensions
-
-
-
13 936
other
-
-
-
2 511
health
-
-
-
3 591
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
35 440
Employee
16 414
-
62 468
-
social contributions
468
-
1 780
-
surtax
-
-
-
-
income
846
-
12 347
-
pensions
1 857
-
4 435
-
total
3 171
-
18 562
-
Employer
16 414
-
62 468
-
other
567
-
2 476
-
social contributions
49
-
188
-
unemployment
665
-
2 530
-
pensions
2 697
-
7 451
-
health
1 149
-
5 888
-
total
5 127
-
18 533
-
Corporate
59 460
81 000
-
-
surtax
-
-
-
-
income
16 649
22 680
-
-
total
16 649
22 680
-
-
Dividends
42 811
58 320
-
-
surtax
-
-
-
-
social contributions
7 364
10 032
-
-
withholding
5 480
7 465
-
-
total
12 844
17 497
-
-
Income
81 000
81 000
81 000
81 000
Total tax
37 791
40 177
37 095
35 440
After tax
43 209
40 823
43 905
45 560
Living cost
13 243
13 243
13 243
13 243
Free-cash
29 966
27 580
30 662
32 317

Estimated living cost  is ₴13243 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3967
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
₴40305
₴40528
₴42907
₴41080
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
-
-
-
81 000
income
-
-
-
12 150
health
-
-
-
5 654
social contributions
-
-
-
11 178
total
-
-
-
28 982
Employee
14 568
-
81 000
-
social contributions
2 011
-
11 178
-
health
1 017
-
5 654
-
income
2 430
-
13 977
-
total
5 458
-
30 809
-
Employer
14 568
-
81 000
-
total
-
-
-
-
Corporate
66 432
81 000
-
-
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%.

3 322
4 050
-
-
total
3 322
4 050
-
-
Dividends
63 111
76 950
-
-
health
4 405
5 372
-
-
social contributions
8 710
10 619
-
-
withholding
9 466
11 543
-
-
total
22 581
27 534
-
-
Income
81 000
81 000
81 000
81 000
Total tax
31 361
31 584
30 809
28 982
After tax
49 639
49 416
50 191
52 018
Living cost
9 111
9 111
9 111
9 111
Free-cash
40 528
40 305
41 080
42 907

Estimated living cost  is ₴9111 per week

₴6097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2241
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
₴29627
₴28963
₴26449
₴6262
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
-
-
-
81 000
chamber of commerce
-
-
-
324
income
-
-
-
23 243
pensions
-
-
-
9 286
unemployment
-
-
-
2 635
health
-
-
-
3 839
surtax
-
-
-
85
total
-
-
-
39 412
Employee
21 472
17 122
65 362
-
other
214
171
502
-
health
831
663
1 942
-
income
2 444
1 263
18 939
-
pensions
2 199
1 753
5 140
-
unemployment
644
514
1 506
-
total
6 332
4 364
28 029
-
Employer
21 472
17 122
65 362
-
accident
279
223
652
-
other
1 020
813
2 975
-
chamber of commerce
86
68
262
-
unemployment
644
514
1 506
-
surtax
85
85
85
-
pensions
2 695
2 149
6 299
-
payroll
644
514
1 961
-
health
811
647
1 897
-
total
6 264
5 013
15 637
-
Corporate
53 264
58 865
63 732
-
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.

13 316
14 716
15 933
-
total
13 316
14 716
15 933
-
Dividends
39 948
44 149
-
-
withholding
10 986
12 141
-
-
total
10 986
12 141
-
-
Income
81 000
81 000
81 000
81 000
Total tax
36 898
36 234
59 599
39 412
After tax
44 102
44 766
21 401
41 588
Living cost
15 139
15 139
15 139
15 139
Free-cash
28 963
29 627
6 262
26 449

Estimated living cost  is ₴15139 per week

₴10097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
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.
₴3502
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
₴29624
₴23179
₴19485
₴12556
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
-
-
-
81 000
national
-
-
-
30 920
communal

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

-
-
-
4 217
social contributions
-
-
-
10 712
total
-
-
-
45 849
Employee

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

30 733
-
62 738
-
communal

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

1 603
-
3 272
-
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.

1 444
-
2 949
-
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.

2 305
-
4 705
-
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.

267
-
545
-
national
9 449
-
23 045
-
total
15 068
-
34 516
-
Employer

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

30 733
-
62 738
-
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.

400
-
815
-
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.

448
-
916
-
surtax
3 485
-
7 115
-
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.

2 723
-
5 558
-
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.

1 890
-
3 858
-
total
8 946
-
18 262
-
Corporate
41 321
81 000
-
-
surtax
166
324
-
-
income
8 264
16 200
-
-
total
8 430
16 524
-
-
Dividends
32 891
64 476
-
-
withholding

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

9 711
19 186
-
-
total
9 711
19 186
-
-
Income
81 000
81 000
81 000
81 000
Total tax
42 155
35 710
52 778
45 849
After tax
38 845
45 290
28 222
35 151
Living cost
15 666
15 666
15 666
15 666
Free-cash
23 179
29 624
12 556
19 485

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3960
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
₴38411
₴35468
₴29880
₴28078
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
-
-
-
81 000
accident
-
-
-
359
income
-
-
-
23 655
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
35 603
Employee
21 387
-
68 304
-
other
21
-
40
-
income
4 513
-
22 180
-
pensions
1 005
-
1 872
-
unemployment
332
-
617
-
total
5 871
-
24 709
-
Employer
21 387
-
68 304
-
accident
423
-
788
-
other
170
-
319
-
unemployment
1 177
-
2 190
-
pensions
5 047
-
9 399
-
total
6 817
-
12 696
-
Corporate
52 796
81 000
-
-
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.

7 919
12 150
-
-
total
7 919
12 150
-
-
Dividends
44 876
68 850
-
-
withholding
9 408
14 922
-
-
total
9 408
14 922
-
-
Income
81 000
81 000
81 000
81 000
Total tax
30 015
27 072
37 405
35 603
After tax
50 985
53 928
43 595
45 397
Living cost
15 517
15 517
15 517
15 517
Free-cash
35 468
38 411
28 078
29 880

Estimated living cost  is ₴15517 per week

₴11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2766
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
₴23654
₴17983
₴16102
₴19332
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
-
-
-
81 000
accident
-
-
-
683
income
-
-
-
13 898
pensions
-
-
-
12 141
health
-
-
-
5 691
surtax
-
-
-
4 016
communal
-
-
-
5 120
total
-
-
-
41 549
Employee
32 537
-
72 353
-
health
1 448
-
3 220
-
surtax
1 994
-
4 434
-
income
3 143
-
16 231
-
pensions
2 603
-
5 788
-
total
9 188
-
29 673
-
Employer
32 537
-
72 353
-
accident
293
-
651
-
pensions
2 603
-
5 788
-
health
992
-
2 207
-
total
3 888
-
8 646
-
Corporate
44 575
81 000
-
-
surtax
468
850
-
-
communal
3 009
5 468
-
-
income
6 687
12 150
-
-
total
10 164
18 468
-
-
Dividends
34 412
62 532
-
-
income
11 266
6 149
-
-
withholding
5 162
9 380
-
-
total
16 428
15 529
-
-
Income
81 000
81 000
81 000
81 000
Total tax
39 668
33 997
38 319
41 549
After tax
41 332
47 003
42 681
39 451
Living cost
23 349
23 349
23 349
23 349
Free-cash
17 983
23 654
19 332
16 102

Estimated living cost  is ₴23349 per week

₴17515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4171
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
₴41299
₴39933
₴28610
₴25983
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
-
-
-
81 000
income
-
-
-
23 379
pensions
-
-
-
11 469
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 071
surtax
-
-
-
3 723
total
-
-
-
42 740
Employee
14 469
-
68 930
-
other
-
-
-
-
health
369
-
1 462
-
surtax
51
-
3 209
-
income
2 426
-
20 810
-
pensions
965
-
3 825
-
unemployment
1 007
-
3 991
-
total
4 818
-
33 297
-
Employer
14 469
-
68 930
-
other
-
-
-
-
unemployment
459
-
1 817
-
pensions
1 929
-
7 644
-
health
658
-
2 609
-
total
3 046
-
12 070
-
Corporate
63 485
81 000
-
-
income
16 506
21 060
-
-
total
16 506
21 060
-
-
Dividends
46 979
59 940
-
-
withholding
7 047
8 991
-
-
total
7 047
8 991
-
-
Income
81 000
81 000
81 000
81 000
Total tax
31 417
30 051
45 367
42 740
After tax
49 583
50 949
35 633
38 260
Living cost
9 650
9 650
9 650
9 650
Free-cash
39 933
41 299
25 983
28 610

Estimated living cost  is ₴9650 per week

₴5826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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 of data for Athens model

Close
Naples , Italy
₴31002
₴30048
₴26567
₴22927
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
-
-
-
81 000
municipal
-
-
-
481
regional
-
-
-
1 222
national
-
-
-
20 323
social contributions
-
-
-
20 833
total
-
-
-
42 859
Employee
23 833
-
81 000
-
social contributions
8 037
-
27 313
-
regional
321
-
1 090
-
municipal
126
-
430
-
national
3 776
-
17 666
-
total
12 260
-
46 499
-
Employer
23 833
-
81 000
-
total
-
-
-
-
Corporate
57 167
81 000
-
-
nationa
13 720
19 440
-
-
municipal
2 841
4 025
-
-
total
16 561
23 465
-
-
Dividends
40 605
57 534
-
-
withholding
10 557
14 959
-
-
total
10 557
14 959
-
-
Income
81 000
81 000
81 000
81 000
Total tax
39 378
38 424
46 499
42 859
After tax
41 622
42 576
34 501
38 141
Living cost
11 574
11 574
11 574
11 574
Free-cash
30 048
31 002
22 927
26 567

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴3005
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
₴43107
₴38590
₴34003
₴30619
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
-
-
-
81 000
income
-
-
-
8 292
health
-
-
-
10 935
solidarity contribution
-
-
-
325
social contributions
-
-
-
14 784
total
-
-
-
34 336
Employee
18 619
-
62 699
-
social contributions
1 210
-
3 291
-
health
2 514
-
8 464
-
solidarity contribution
-
-
22
-
income
2 234
-
7 642
-
total
5 958
-
19 419
-
Employer
18 619
-
62 699
-
social contributions
4 655
-
12 658
-
health
1 676
-
5 643
-
total
6 331
-
18 301
-
Corporate
56 051
81 000
-
-
income
10 650
15 390
-
-
total
10 650
15 390
-
-
Dividends
45 401
65 610
-
-
withholding
6 810
9 842
-
-
total
6 810
9 842
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 749
25 232
37 720
34 336
After tax
51 251
55 768
43 280
46 664
Living cost
12 661
12 661
12 661
12 661
Free-cash
38 590
43 107
30 619
34 003

Estimated living cost  is ₴12661 per week

₴9415
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.
₴219
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.
₴2325
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
₴31106
₴30895
₴27966
₴7717
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
-
-
-
81 000
chamber of commerce
-
-
-
324
income
-
-
-
23 243
pensions
-
-
-
9 286
unemployment
-
-
-
2 635
health
-
-
-
3 839
surtax
-
-
-
-
total
-
-
-
39 327
Employee
18 781
17 122
65 442
-
other
188
171
502
-
health
726
663
1 942
-
income
1 673
1 263
18 976
-
pensions
1 923
1 753
5 140
-
unemployment
563
514
1 506
-
total
5 073
4 364
28 066
-
Employer
18 781
17 122
65 442
-
accident
244
223
652
-
other
892
813
2 978
-
chamber of commerce
75
68
262
-
unemployment
563
514
1 506
-
surtax
-
-
-
-
pensions
2 357
2 149
6 299
-
payroll
563
514
1 963
-
health
710
647
1 897
-
total
5 404
4 928
15 557
-
Corporate
56 814
58 950
63 811
-
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.

14 203
14 737
15 953
-
total
14 203
14 737
15 953
-
Dividends
42 610
44 212
-
-
withholding
11 718
12 158
-
-
total
11 718
12 158
-
-
Income
81 000
81 000
81 000
81 000
Total tax
36 398
36 187
59 576
39 327
After tax
44 602
44 813
21 424
41 673
Living cost
13 707
13 707
13 707
13 707
Free-cash
30 895
31 106
7 717
27 966

Estimated living cost  is ₴13707 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3840
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
₴70884
₴69746
₴74124
₴58734
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%.

-
-
-
81 000
microenterprise

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

-
-
-
810
total
-
-
-
810
Employee
7 582
-
81 000
-
income
1 517
-
16 200
-
total
1 517
-
16 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

73 418
81 000
-
-
total
-
-
-
-
Dividends
73 418
81 000
-
-
withholding
3 671
4 050
-
-
total
3 671
4 050
-
-
Income
81 000
81 000
81 000
81 000
Total tax
5 188
4 050
16 200
810
After tax
75 812
76 950
64 800
80 190
Living cost
6 066
6 066
6 066
6 066
Free-cash
69 746
70 884
58 734
74 124

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1503
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
₴44245
₴40653
₴27734
₴25621
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.

-
-
-
81 000
income
-
-
-
18 858
pensions
-
-
-
14 793
unemployment
-
-
-
121
health
-
-
-
7 970
total
-
-
-
41 742
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.

18 999
-
70 087
-
health
1 227
-
4 528
-
income
3 276
-
17 453
-
pensions
2 945
-
10 864
-
unemployment
27
-
98
-
total
7 475
-
32 943
-
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.

18 999
-
70 087
-
unemployment
11
-
42
-
pensions
1 681
-
6 202
-
health
1 265
-
4 668
-
total
2 957
-
10 912
-
Corporate
59 043
81 000
-
-
income
11 218
15 390
-
-
total
11 218
15 390
-
-
Dividends
47 824
65 610
-
-
withholding
7 173
9 841
-
-
total
7 173
9 841
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 823
25 231
43 855
41 742
After tax
52 177
55 769
37 145
39 258
Living cost
11 524
11 524
11 524
11 524
Free-cash
40 653
44 245
25 621
27 734

Estimated living cost  is ₴11524 per week

₴7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2654
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
₴30646
₴10104
₴37343
₴56685
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
-
-
-
81 000
income
-
-
-
15 789
social contributions
-
-
-
9 234
total
-
-
-
25 023
Employee
26 719
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 719
-
-
-
social contributions
37 673
-
5 369
-
total
37 673
-
5 369
-
Corporate
16 608
81 000
-
-
income
3 654
17 820
-
-
total
3 654
17 820
-
-
Dividends
12 955
63 180
-
-
income
2 850
13 900
-
-
total
2 850
13 900
-
-
Income
81 000
81 000
81 000
81 000
Total tax
52 262
31 720
5 681
25 023
After tax
28 738
49 280
75 319
55 977
Living cost
18 634
18 634
18 634
18 634
Free-cash
10 104
30 646
56 685
37 343

Estimated living cost  is ₴18634 per week

₴12090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴4553
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
₴32596
₴32163
₴29561
₴23420
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.

-
-
-
81 000
income
-
-
-
9 815
surtax
-
-
-
-
social contributions

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

-
-
-
28 147
total
-
-
-
37 962
Employee
19 761
-
65 455
-
social contributions
2 174
-
7 200
-
surtax
-
-
-
-
income
4 110
-
21 358
-
total
6 284
-
28 558
-
Employer
19 761
-
65 455
-
social contributions
4 693
-
15 545
-
total
4 693
-
15 545
-
Corporate
56 546
81 000
-
-
surtax
-
-
-
-
income
11 875
17 010
-
-
total
11 875
17 010
-
-
Dividends
44 671
63 990
-
-
withholding
12 508
17 917
-
-
total
12 508
17 917
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 360
34 927
44 103
37 962
After tax
45 640
46 073
36 897
43 038
Living cost
13 477
13 477
13 477
13 477
Free-cash
32 163
32 596
23 420
29 561

Estimated living cost  is ₴13477 per week

₴10083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2373
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
₴20071
₴23024
₴24808
₴23153
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
-
-
-
81 000
income
-
-
-
13 094
pensions
-
-
-
13 936
other
-
-
-
2 511
health
-
-
-
3 591
surtax
-
-
-
-
social contributions
-
-
-
2 308
total
-
-
-
35 440
Employee
26 910
-
62 468
-
social contributions
766
-
1 780
-
surtax
-
-
-
-
income
2 348
-
12 347
-
pensions
3 044
-
4 435
-
total
6 158
-
18 562
-
Employer
26 910
-
62 468
-
other
929
-
2 476
-
social contributions
81
-
188
-
unemployment
1 090
-
2 530
-
pensions
4 422
-
7 451
-
health
1 883
-
5 888
-
total
8 405
-
18 533
-
Corporate
45 685
81 000
-
-
surtax
-
-
-
-
income
12 792
22 680
-
-
total
12 792
22 680
-
-
Dividends
32 893
58 320
-
-
surtax
-
-
-
-
social contributions
5 659
10 032
-
-
withholding
4 210
7 465
-
-
total
9 869
17 497
-
-
Income
81 000
81 000
81 000
81 000
Total tax
37 224
40 177
37 095
35 440
After tax
43 776
40 823
43 905
45 560
Living cost
20 752
20 752
20 752
20 752
Free-cash
23 024
20 071
23 153
24 808

Estimated living cost  is ₴20752 per week

₴14044
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.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4725
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
₴59985
₴58541
₴46557
₴48709
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
-
-
-
81 000
income
-
-
-
3 709
social contributions
-
-
-
17 819
total
-
-
-
21 528
Employee
13 813
-
70 130
-
income
-
-
3 948
-
social contributions
898
-
4 558
-
total
898
-
8 506
-
Employer
13 813
-
70 130
-
social contributions
2 141
-
10 870
-
total
2 141
-
10 870
-
Corporate
65 046
81 000
-
-
income
6 505
8 100
-
-
total
6 505
8 100
-
-
Dividends
58 541
72 900
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
9 544
8 100
19 376
21 528
After tax
71 456
72 900
61 624
59 472
Living cost
12 915
12 915
12 915
12 915
Free-cash
58 541
59 985
48 709
46 557

Estimated living cost  is ₴12915 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
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.
₴3348
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
-₴12611
-₴12611
₴26773
-₴12611
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
-
-
-
81 000
municipal
-
-
-
17 031
pensions
-
-
-
372
national
-
-
-
9 682
labour market
-
-
-
6 450
total
-
-
-
33 535
Employee
87 336
87 336
87 336
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 336
87 336
87 336
-
labour market
6 987
6 987
6 987
-
municipal
18 627
18 627
18 627
-
pensions
248
248
248
-
national
10 688
10 688
10 688
-
total
36 550
36 550
36 550
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 000
81 000
81 000
81 000
Total tax
72 919
72 919
72 919
33 535
After tax
8 081
8 081
8 081
47 465
Living cost
20 692
20 692
20 692
20 692
Free-cash
-12 611
-12 611
-12 611
26 773

Estimated living cost  is ₴20692 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4381
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
-₴2730
₴5136
₴46061
₴34901
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
-
-
-
81 000
accident
-
-
-
108
income
-
-
-
22 663
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
25 648
Employee
14 615
-
73 259
-
health
1 674
-
8 388
-
income
2 005
-
17 410
-
pensions
1 646
-
3 270
-
total
5 325
-
29 068
-
Employer
14 615
-
73 259
-
accident
244
-
1 223
-
unemployment
358
-
1 795
-
pensions
2 376
-
4 722
-
total
2 978
-
7 740
-
Corporate
63 406
81 000
-
-
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.

57 065
72 900
-
-
total
57 065
72 900
-
-
Dividends
6 341
8 100
-
-
withholding
1 205
1 539
-
-
total
1 205
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
66 573
74 439
36 808
25 648
After tax
14 427
6 561
44 192
55 352
Living cost
9 291
9 291
9 291
9 291
Free-cash
5 136
-2 730
34 901
46 061

Estimated living cost  is ₴9291 per week

₴6763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1824
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
₴33929
₴35137
₴34976
₴25658
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

-
-
-
81 000
municipal
-
-
-
14 388
health
-
-
-
1 068
national
-
-
-
14 072
total
-
-
-
29 528
Employee
22 605
-
68 141
-
health
169
-
870
-
municipal
3 702
-
11 097
-
pensions
1 526
-
4 599
-
unemployment
339
-
1 022
-
national
373
-
8 399
-
total
6 109
-
25 987
-
Employer
22 605
-
68 141
-
accident
23
-
68
-
unemployment
147
-
443
-
pensions
3 922
-
11 823
-
health
174
-
525
-
total
4 266
-
12 859
-
Corporate
54 130
81 000
-
-
income
10 826
16 200
-
-
total
10 826
16 200
-
-
Dividends

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

32 478
48 600
-
-
national
2 320
5 627
-
-
municipal
5 846
8 748
-
-
total
8 166
14 375
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 367
30 575
38 846
29 528
After tax
51 633
50 425
42 154
51 472
Living cost
16 496
16 496
16 496
16 496
Free-cash
35 137
33 929
25 658
34 976

Estimated living cost  is ₴16496 per week

₴10775
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.
₴263
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.
₴3872
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
₴49125
₴46787
₴45149
₴44452
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
-
-
-
81 000
income
-
-
-
16 886
health
-
-
-
2 065
social contributions
-
-
-
6 952
total
-
-
-
25 903
Employee
33 038
33 038
75 898
-
social contributions
1 249
2 742
3 698
-
health
256
562
1 290
-
income
3 597
3 058
16 510
-
total
5 102
6 362
21 498
-
Employer
33 038
33 038
75 898
-
social contributions
1 249
2 742
3 698
-
health
278
612
1 404
-
total
1 527
3 354
5 102
-
Corporate
64 423
44 608
-
-
income
8 053
5 576
-
-
total
8 053
5 576
-
-
Dividends
56 370
39 032
-
-
withholding
9 583
6 635
-
-
total
9 583
6 635
-
-
Income
81 000
81 000
81 000
81 000
Total tax
24 265
21 927
26 600
25 903
After tax
56 735
59 073
54 400
55 097
Living cost
9 948
9 948
9 948
9 948
Free-cash
46 787
49 125
44 452
45 149

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2790
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
₴60254
₴58069
₴61593
₴52975
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
-
-
-
81 000
income
-
-
-
8 285
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
12 585
Employee

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

9 862
-
76 801
-
health
838
-
3 465
-
income
674
-
7 220
-
pensions
1 479
-
6 115
-
unemployment
49
-
204
-
total
3 040
-
17 004
-
Employer

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

9 862
-
76 801
-
unemployment
49
-
204
-
pensions
542
-
2 242
-
health
424
-
1 753
-
total
1 015
-
4 199
-
Corporate
70 123
81 000
-
-
income
6 311
7 290
-
-
total
6 311
7 290
-
-
Dividends
63 812
73 710
-
-
withholding
5 743
6 634
-
-
total
5 743
6 634
-
-
Income
81 000
81 000
81 000
81 000
Total tax
16 109
13 924
21 203
12 585
After tax
64 891
67 076
59 797
68 415
Living cost
6 822
6 822
6 822
6 822
Free-cash
58 069
60 254
52 975
61 593

Estimated living cost  is ₴6822 per week

₴4352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1774
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
₴42113
₴40216
₴33582
₴31780
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
-
-
-
81 000
accident
-
-
-
359
income
-
-
-
23 655
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
35 603
Employee
15 887
-
68 304
-
other
15
-
40
-
income
3 063
-
22 180
-
pensions
747
-
1 872
-
unemployment
246
-
617
-
total
4 071
-
24 709
-
Employer
15 887
-
68 304
-
accident
315
-
788
-
other
127
-
319
-
unemployment
874
-
2 190
-
pensions
3 749
-
9 399
-
total
5 065
-
12 696
-
Corporate
60 048
81 000
-
-
income

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

9 007
12 150
-
-
total
9 007
12 150
-
-
Dividends
51 041
68 850
-
-
withholding
10 826
14 922
-
-
total
10 826
14 922
-
-
Income
81 000
81 000
81 000
81 000
Total tax
28 969
27 072
37 405
35 603
After tax
52 031
53 928
43 595
45 397
Living cost
11 815
11 815
11 815
11 815
Free-cash
40 216
42 113
31 780
33 582

Estimated living cost  is ₴11815 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2497
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
₴49367
₴49174
₴50783
₴50698
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
-
-
-
81 000
income
-
-
-
27 560
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
29 040
Employee
1 792
-
80 034
-
health
90
-
215
-
income
347
-
27 515
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
616
-
28 159
-
Employer
1 792
-
80 034
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
408
-
total
403
-
966
-
Corporate
78 804
81 000
-
-
income
17 337
17 820
-
-
total
17 337
17 820
-
-
Dividends
61 467
63 180
-
-
withholding
12 293
12 636
-
-
total
12 293
12 636
-
-
Income
81 000
81 000
81 000
81 000
Total tax
30 649
30 456
29 125
29 040
After tax
50 351
50 544
51 875
51 960
Living cost
1 177
1 177
1 177
1 177
Free-cash
49 174
49 367
50 698
50 783

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴355
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
₴51093
₴48979
₴43114
₴43114
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.

-
-
-
81 000
income
-
-
-
18 455
pensions
-
-
-
8 255
unemployment
-
-
-
476
health
-
-
-
3 270
total
-
-
-
30 456
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.

11 204
-
75 316
-
health
577
-
1 635
-
income
1 544
-
18 455
-
pensions
1 569
-
4 445
-
unemployment
84
-
238
-
total
3 774
-
24 773
-
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.

11 204
-
75 316
-
unemployment
84
-
238
-
pensions
1 344
-
3 810
-
health
577
-
1 635
-
total
2 005
-
5 683
-
Corporate
67 790
81 000
-
-
income
10 169
12 150
-
-
total
10 169
12 150
-
-
Dividends
57 622
68 850
-
-
withholding
8 643
10 327
-
-
total
8 643
10 327
-
-
Income
81 000
81 000
81 000
81 000
Total tax
24 591
22 477
30 456
30 456
After tax
56 409
58 523
50 544
50 544
Living cost
7 430
7 430
7 430
7 430
Free-cash
48 979
51 093
43 114
43 114

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1638
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
₴34490
₴34335
₴31455
₴25314
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.

-
-
-
81 000
income
-
-
-
9 815
surtax
-
-
-
-
social contributions

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

-
-
-
28 147
total
-
-
-
37 962
Employee
16 676
-
65 455
-
social contributions
1 835
-
7 200
-
surtax
-
-
-
-
income
3 258
-
21 358
-
total
5 093
-
28 558
-
Employer
16 676
-
65 455
-
social contributions
3 960
-
15 545
-
total
3 960
-
15 545
-
Corporate
60 364
81 000
-
-
surtax
-
-
-
-
income
12 676
17 010
-
-
total
12 676
17 010
-
-
Dividends
47 688
63 990
-
-
withholding
13 353
17 917
-
-
total
13 353
17 917
-
-
Income
81 000
81 000
81 000
81 000
Total tax
35 082
34 927
44 103
37 962
After tax
45 918
46 073
36 897
43 038
Living cost
11 583
11 583
11 583
11 583
Free-cash
34 335
34 490
25 314
31 455

Estimated living cost  is ₴11583 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
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.
₴2369
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
₴38828
₴36018
₴30297
₴28495
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
-
-
-
81 000
accident
-
-
-
359
income
-
-
-
23 655
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
35 603
Employee
20 750
-
68 304
-
other
20
-
40
-
income
4 334
-
22 180
-
pensions
975
-
1 872
-
unemployment
321
-
617
-
total
5 650
-
24 709
-
Employer
20 750
-
68 304
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 190
-
pensions
4 897
-
9 399
-
total
6 615
-
12 696
-
Corporate
53 634
81 000
-
-
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.

8 045
12 150
-
-
total
8 045
12 150
-
-
Dividends
45 589
68 850
-
-
withholding
9 572
14 922
-
-
total
9 572
14 922
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 882
27 072
37 405
35 603
After tax
51 118
53 928
43 595
45 397
Living cost
15 100
15 100
15 100
15 100
Free-cash
36 018
38 828
28 495
30 297

Estimated living cost  is ₴15100 per week

₴10844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
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.
₴2869
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
₴61865
₴59247
₴57453
₴60687
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
-
-
-
81 000
income
-
-
-
12 150
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
16 157
Employee
9 786
-
78 056
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
income
979
-
7 806
-
pensions

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

859
-
1 318
-
total
2 396
-
9 979
-
Employer
9 786
-
78 056
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 654
-
health
675
-
1 035
-
total
1 920
-
2 944
-
Corporate
69 294
81 000
-
-
income
6 929
8 100
-
-
total
6 929
8 100
-
-
Dividends
62 365
72 900
-
-
withholding
3 118
3 645
-
-
total
3 118
3 645
-
-
Income
81 000
81 000
81 000
81 000
Total tax
14 363
11 745
12 923
16 157
After tax
66 637
69 255
68 077
64 843
Living cost
7 390
7 390
7 390
7 390
Free-cash
59 247
61 865
60 687
57 453

Estimated living cost  is ₴7390 per week

₴4888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴25089
₴30711
₴25682
₴34439
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.

-
-
-
81 000
trade
-
-
-
8 757
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.

-
-
-
25 628
health

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

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

-
-
-
2 935
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.

-
-
-
1 410
total
-
-
-
38 730
Employee

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

21 378
-
81 000
-
health

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

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

2 935
-
2 935
-
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.

97
-
1 410
-
income

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

1 758
-
25 628
-
total
4 790
-
29 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 622
81 000
-
-
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.

492
669
-
-
income
8 944
12 150
-
-
trade
8 555
11 624
-
-
chamber of commerce
152
184
-
-
total
18 143
24 627
-
-
Dividends
41 479
56 373
-
-
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
766
-
-
withholding
10 207
13 930
-
-
total
10 768
14 696
-
-
Income
81 000
81 000
81 000
81 000
Total tax
33 701
39 323
29 973
38 730
After tax
47 299
41 677
51 027
42 270
Living cost
16 588
16 588
16 588
16 588
Free-cash
30 711
25 089
34 439
25 682

Estimated living cost  is ₴16588 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3120
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
₴32225
₴33173
₴17588
₴17588
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
-
-
-
81 000
income
-
-
-
25 299
social contributions
-
-
-
13 638
total
-
-
-
38 937
Employee
33 608
-
81 000
-
income
6 342
-
25 299
-
social contributions
2 792
-
13 638
-
total
9 134
-
38 937
-
Employer
33 608
-
81 000
-
total
-
-
-
-
Corporate
47 392
81 000
-
-
income
5 924
10 125
-
-
total
5 924
10 125
-
-
Dividends
41 467
70 875
-
-
withholding
8 294
14 175
-
-
total
8 294
14 175
-
-
Income
81 000
81 000
81 000
81 000
Total tax
23 352
24 300
38 937
38 937
After tax
57 648
56 700
42 063
42 063
Living cost
24 475
24 475
24 475
24 475
Free-cash
33 173
32 225
17 588
17 588

Estimated living cost  is ₴24475 per week

₴18620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3627
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
₴34783
₴36284
₴50294
₴41672
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.

-
-
-
81 000
income
-
-
-
12 230
health

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

-
-
-
2 879
total
-
-
-
15 109
Employee
19 710
-
79 024
-
income
2 139
-
19 779
-
social contributions
1 975
-
1 976
-
total
4 114
-
21 755
-
Employer
19 710
-
79 024
-
social contributions
1 975
-
1 976
-
total
1 975
-
1 976
-
Corporate
59 315
81 000
-
-
income
20 760
28 350
-
-
total
20 760
28 350
-
-
Dividends
38 555
52 650
-
-
social contributions
2 270
2 270
-
-
total
2 270
2 270
-
-
Income
81 000
81 000
81 000
81 000
Total tax
29 119
30 620
23 731
15 109
After tax
51 881
50 380
57 269
65 891
Living cost
15 596
15 596
15 596
15 596
Free-cash
36 284
34 783
41 672
50 294

Estimated living cost  is ₴15596 per week

₴10273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3854
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
₴36497
₴39038
₴37365
₴30065
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
-
-
-
81 000
income
-
-
-
23 724
pensions
-
-
-
3 969
total
-
-
-
27 693
Employee
21 882
-
70 709
-
health
285
-
1 004
-
income
3 985
-
18 856
-
pensions
1 670
-
4 842
-
total
5 940
-
24 702
-
Employer
21 882
-
70 709
-
pensions
2 211
-
8 948
-
health
416
-
1 343
-
total
2 627
-
10 291
-
Corporate
56 491
81 000
-
-
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.

10 734
15 390
-
-
total
10 734
15 390
-
-
Dividends
45 757
65 610
-
-
withholding
6 719
13 171
-
-
total
6 719
13 171
-
-
Income
81 000
81 000
81 000
81 000
Total tax
26 020
28 561
34 993
27 693
After tax
54 980
52 439
46 007
53 307
Living cost
15 942
15 942
15 942
15 942
Free-cash
39 038
36 497
30 065
37 365

Estimated living cost  is ₴15942 per week

₴10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
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
-₴3650
₴4994
₴45141
₴33981
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
-
-
-
81 000
accident
-
-
-
108
income
-
-
-
22 663
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
25 648
Employee
16 062
-
73 259
-
health
1 839
-
8 388
-
income
2 204
-
17 410
-
pensions
1 809
-
3 270
-
total
5 852
-
29 068
-
Employer
16 062
-
73 259
-
accident
268
-
1 223
-
unemployment
393
-
1 795
-
pensions
2 612
-
4 722
-
total
3 273
-
7 740
-
Corporate
61 665
81 000
-
-
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.

55 498
72 900
-
-
total
55 498
72 900
-
-
Dividends
6 167
8 100
-
-
withholding
1 172
1 539
-
-
total
1 172
1 539
-
-
Income
81 000
81 000
81 000
81 000
Total tax
65 795
74 439
36 808
25 648
After tax
15 205
6 561
44 192
55 352
Living cost
10 211
10 211
10 211
10 211
Free-cash
4 994
-3 650
33 981
45 141

Estimated living cost  is ₴10211 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴1916
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

Close
Skopje , Macedonia
₴56162
₴60350
₴42868
₴52315
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.

-
-
-
81 000
work injury
-
-
-
344
health insurance
-
-
-
5 084
income
-
-
-
13 435
pensions
-
-
-
12 642
unemployment
-
-
-
824
total
-
-
-
32 329
Employee

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

9 285
-
81 000
-
work injury
46
-
172
-
income
928
-
13 435
-
pensions
1 708
-
6 321
-
health insurance
687
-
2 542
-
unemployment
111
-
412
-
total
3 480
-
22 882
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 715
81 000
-
-
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%.

717
8 100
-
-
total
717
8 100
-
-
Dividends
70 998
72 900
-
-
withholding
10 650
10 935
-
-
total
10 650
10 935
-
-
Income
81 000
81 000
81 000
81 000
Total tax
14 847
19 035
22 882
32 329
After tax
66 153
61 965
58 118
48 671
Living cost
5 803
5 803
5 803
5 803
Free-cash
60 350
56 162
52 315
42 868

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴1605
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
₴25550
₴23596
₴20326
₴16770
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
-
-
-
81 000
municipal
-
-
-
541
regional
-
-
-
1 861
national
-
-
-
20 323
social contributions
-
-
-
20 833
total
-
-
-
43 558
Employee
36 205
-
81 000
-
social contributions
12 208
-
27 313
-
regional
547
-
1 651
-
municipal
216
-
484
-
national
6 118
-
17 666
-
total
19 089
-
47 114
-
Employer
36 205
-
81 000
-
total
-
-
-
-
Corporate
44 795
81 000
-
-
nationa
10 750
19 440
-
-
municipal
2 159
3 904
-
-
total
12 909
23 344
-
-
Dividends
31 885
57 656
-
-
withholding
8 290
14 990
-
-
total
8 290
14 990
-
-
Income
81 000
81 000
81 000
81 000
Total tax
40 288
38 334
47 114
43 558
After tax
40 712
42 666
33 886
37 442
Living cost
17 116
17 116
17 116
17 116
Free-cash
23 596
25 550
16 770
20 326

Estimated living cost  is ₴17116 per week

₴12023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3657
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close