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
₴ 82000
per

Your estimated
City
free-cash

Dresden , Germany
₴28374
₴33112
₴28815
₴38594
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.

-
-
-
82 000
trade
-
-
-
9 779
income

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

-
-
-
26 073
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.

-
-
-
2 926
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.

-
-
-
1 434
total
-
-
-
40 212
Employee

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

16 382
-
82 000
-
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.

2 926
-
2 926
-
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
-
1 434
-
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.

458
-
26 073
-
total
3 409
-
30 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 618
82 000
-
-
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.

541
676
-
-
income
9 842
12 300
-
-
trade
10 335
12 915
-
-
chamber of commerce
159
183
-
-
total
20 877
26 074
-
-
Dividends
44 740
55 926
-
-
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.

606
760
-
-
withholding
11 023
13 819
-
-
total
11 629
14 579
-
-
Income
82 000
82 000
82 000
82 000
Total tax
35 915
40 653
30 433
40 212
After tax
46 085
41 347
51 567
41 788
Living cost
12 973
12 973
12 973
12 973
Free-cash
33 112
28 374
38 594
28 815

Estimated living cost  is ₴12973 per week

₴8161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
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
₴29525
₴29164
₴26088
₴26527
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
-
-
-
82 000
municipal
-
-
-
9 031
pensions
-
-
-
9 840
national
-
-
-
14 517
social contributions
-
-
-
881
total
-
-
-
34 269
Employee
33 550
-
70 888
-
municipal
4 144
-
9 349
-
pensions
1 342
-
2 836
-
national
6 422
-
15 212
-
total
11 908
-
27 397
-
Employer
33 550
-
70 888
-
social contributions
361
-
762
-
pensions
2 684
-
5 671
-
total
3 045
-
6 433
-
Corporate
43 191
82 000
-
-
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%.

8 638
16 400
-
-
total
8 638
16 400
-
-
Dividends
34 552
65 600
-
-
withholding
7 602
14 432
-
-
total
7 602
14 432
-
-
Income
82 000
82 000
82 000
82 000
Total tax
31 193
30 832
33 830
34 269
After tax
50 807
51 168
48 170
47 731
Living cost
21 643
21 643
21 643
21 643
Free-cash
29 164
29 525
26 527
26 088

Estimated living cost  is ₴21643 per week

₴14710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
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.
₴4597
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
₴56689
₴53175
₴19948
₴25986
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.

-
-
-
82 000
microenterprise
-
-
-
-
income
-
-
-
15 820
surtax
-
-
-
20 910
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.

-
-
-
16 411
total
-
-
-
53 141
Employee
12 516
-
62 796
-
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.

1 377
-
5 615
-
surtax
-
-
9 105
-
income
2 228
-
13 179
-
total
3 605
-
27 899
-
Employer
12 516
-
62 796
-
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.

3 015
-
12 297
-
surtax
-
-
6 907
-
total
3 015
-
19 204
-
Corporate
66 470
82 000
-
-
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%.

13 294
16 400
-
-
total
13 294
16 400
-
-
Dividends

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

53 176
65 600
-
-
total
-
-
-
-
Income
82 000
82 000
82 000
82 000
Total tax
19 914
16 400
47 103
53 141
After tax
62 086
65 600
34 897
28 859
Living cost
8 911
8 911
8 911
8 911
Free-cash
53 175
56 689
25 986
19 948

Estimated living cost  is ₴8911 per week

₴5685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
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.
₴2175
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
₴22753
₴20128
₴26872
₴34000
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
-
-
-
82 000
income
-
-
-
26 885
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
37 185
Employee
36 577
36 577
74 040
-
health
5 614
4 775
5 282
-
income

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

5 987
5 987
11 798
-
pensions
6 584
5 018
5 018
-
total
18 185
15 780
22 098
-
Employer
36 577
36 577
74 040
-
unemployment
1 317
1 317
1 636
-
pensions
2 546
2 546
3 164
-
health
2 542
2 542
3 159
-
total
6 405
6 405
7 959
-
Corporate
39 467
39 018
-
-
income
7 893
7 804
-
-
total
7 893
7 804
-
-
Dividends
31 574
31 215
-
-
income
6 710
6 633
-
-
withholding
4 736
4 682
-
-
total
11 446
11 315
-
-
Income
82 000
82 000
82 000
82 000
Total tax
43 929
41 304
30 057
37 185
After tax
38 071
40 696
51 943
44 815
Living cost
17 943
17 943
17 943
17 943
Free-cash
20 128
22 753
34 000
26 872

Estimated living cost  is ₴17943 per week

₴12716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
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.
₴3324
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
₴28223
₴27852
₴25005
₴24603
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
-
-
-
82 000
municipal
-
-
-
21 319
accident
-
-
-
73
pensions
-
-
-
3 921
other
-
-
-
4 215
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
8 619
total
-
-
-
40 446
Employee
23 581
-
70 604
-
municipal
7 032
-
21 054
-
national
-
-
8 397
-
total
7 032
-
29 451
-
Employer
23 581
-
70 604
-
accident
47
-
73
-
other
2 740
-
4 215
-
unemployment
623
-
957
-
pensions
2 549
-
3 921
-
health
1 450
-
2 231
-
total
7 409
-
11 397
-
Corporate
51 010
82 000
-
-
income
11 222
18 040
-
-
total
11 222
18 040
-
-
Dividends
39 788
63 960
-
-
withholding
11 936
19 188
-
-
total
11 936
19 188
-
-
Income
82 000
82 000
82 000
82 000
Total tax
37 599
37 228
40 848
40 446
After tax
44 401
44 772
41 152
41 554
Living cost
16 549
16 549
16 549
16 549
Free-cash
27 852
28 223
24 603
25 005

Estimated living cost  is ₴16549 per week

₴10968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴3706
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
₴24100
₴30119
₴24528
₴34741
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.

-
-
-
82 000
trade
-
-
-
10 213
income

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

-
-
-
26 073
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.

-
-
-
2 926
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.

-
-
-
1 434
total
-
-
-
40 646
Employee

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

21 721
-
82 000
-
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.

2 926
-
2 926
-
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.

102
-
1 434
-
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.

1 866
-
26 073
-
total
4 894
-
30 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 279
82 000
-
-
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.

497
676
-
-
income
9 042
12 300
-
-
trade
9 916
13 489
-
-
chamber of commerce
150
181
-
-
total
19 605
26 646
-
-
Dividends
40 673
55 354
-
-
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.

550
752
-
-
withholding
10 006
13 676
-
-
total
10 556
14 428
-
-
Income
82 000
82 000
82 000
82 000
Total tax
35 055
41 074
30 433
40 646
After tax
46 945
40 926
51 567
41 354
Living cost
16 826
16 826
16 826
16 826
Free-cash
30 119
24 100
34 741
24 528

Estimated living cost  is ₴16826 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
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.
₴3547
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
₴45907
₴44130
₴41827
₴41124
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
-
-
-
82 000
income
-
-
-
17 260
health
-
-
-
2 091
social contributions
-
-
-
6 930
total
-
-
-
26 281
Employee
32 936
32 936
76 891
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 307
-
income
3 459
3 049
16 881
-
total
5 387
6 342
21 875
-
Employer
32 936
32 936
76 891
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 422
-
total
1 957
3 343
5 109
-
Corporate
60 764
45 721
-
-
income
7 596
5 715
-
-
total
7 596
5 715
-
-
Dividends
53 168
40 006
-
-
withholding
9 038
6 801
-
-
total
9 038
6 801
-
-
Income
82 000
82 000
82 000
82 000
Total tax
23 978
22 201
26 984
26 281
After tax
58 022
59 799
55 016
55 719
Living cost
13 892
13 892
13 892
13 892
Free-cash
44 130
45 907
41 124
41 827

Estimated living cost  is ₴13892 per week

₴9497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
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.
₴3077
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
₴38267
₴38429
₴49024
₴39754
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
-
-
-
82 000
income
-
-
-
10 024
pensions
-
-
-
8 200
unemployment
-
-
-
1 230
health
-
-
-
5 740
total
-
-
-
25 194
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.

11 234
4 471
68 619
-
health
786
313
4 803
-
income
1 373
547
8 389
-
pensions
1 123
447
6 862
-
unemployment
169
67
1 029
-
total
3 451
1 374
21 083
-
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.

11 234
4 471
68 619
-
pensions
2 191
872
13 381
-
total
2 191
872
13 381
-
Corporate
68 576
76 657
-
-
income
6 172
6 899
-
-
total
6 172
6 899
-
-
Dividends
62 404
69 758
-
-
social contributions
12 118
13 552
-
-
withholding
11 857
13 254
-
-
total
23 975
26 806
-
-
Income
82 000
82 000
82 000
82 000
Total tax
35 789
35 951
34 464
25 194
After tax
46 211
46 049
47 536
56 806
Living cost
7 782
7 782
7 782
7 782
Free-cash
38 429
38 267
39 754
49 024

Estimated living cost  is ₴7782 per week

₴5311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1679
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
₴55255
₴52595
₴33608
₴36919
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
-
-
-
82 000
income
-
-
-
10 988
pensions
-
-
-
16 399
health
-
-
-
10 660
total
-
-
-
38 047
Employee
12 151
-
61 285
-
income
1 368
-
11 816
-
pensions
243
-
1 226
-
unemployment
194
-
980
-
total
1 805
-
14 022
-
Employer
12 151
-
61 285
-
unemployment
98
-
490
-
pensions
2 430
-
12 257
-
health
1 579
-
7 967
-
total
4 107
-
20 714
-
Corporate
65 742
82 000
-
-
income
13 148
16 400
-
-
total
13 148
16 400
-
-
Dividends
52 594
65 600
-
-
total
-
-
-
-
Income
82 000
82 000
82 000
82 000
Total tax
19 060
16 400
34 736
38 047
After tax
62 940
65 600
47 264
43 953
Living cost
10 345
10 345
10 345
10 345
Free-cash
52 595
55 255
36 919
33 608

Estimated living cost  is ₴10345 per week

₴7096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2425
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
-₴2726
₴5205
₴46661
₴35418
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
-
-
-
82 000
accident
-
-
-
108
income
-
-
-
23 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
25 971
Employee
14 736
-
74 250
-
health
1 687
-
8 502
-
income
2 022
-
17 713
-
pensions
1 659
-
3 249
-
total
5 368
-
29 464
-
Employer
14 736
-
74 250
-
accident
246
-
1 240
-
unemployment
361
-
1 819
-
pensions
2 396
-
4 691
-
total
3 003
-
7 750
-
Corporate
64 261
82 000
-
-
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.

57 835
73 800
-
-
total
57 835
73 800
-
-
Dividends
6 426
8 200
-
-
withholding
1 221
1 558
-
-
total
1 221
1 558
-
-
Income
82 000
82 000
82 000
82 000
Total tax
67 427
75 358
37 214
25 971
After tax
14 573
6 642
44 786
56 029
Living cost
9 368
9 368
9 368
9 368
Free-cash
5 205
-2 726
35 418
46 661

Estimated living cost  is ₴9368 per week

₴6866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1788
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
₴74046
₴73324
₴77326
₴61746
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%.

-
-
-
82 000
microenterprise

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

-
-
-
820
total
-
-
-
820
Employee
4 817
-
82 000
-
income
963
-
16 400
-
total
963
-
16 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

77 183
82 000
-
-
total
-
-
-
-
Dividends
77 183
82 000
-
-
withholding
3 859
4 100
-
-
total
3 859
4 100
-
-
Income
82 000
82 000
82 000
82 000
Total tax
4 822
4 100
16 400
820
After tax
77 178
77 900
65 600
81 180
Living cost
3 854
3 854
3 854
3 854
Free-cash
73 324
74 046
61 746
77 326

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
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
₴48832
₴45941
₴35705
₴34996
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
-
-
-
82 000
income
-
-
-
13 290
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.

-
-
-
15 632
other
-
-
-
3 094
health
-
-
-
2 866
total
-
-
-
34 882
Employee
15 552
-
65 584
-
health
218
-
912
-
income
2 677
-
13 053
-
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.

1 088
-
4 559
-
unemployment
155
-
651
-
total
4 138
-
19 175
-
Employer
15 552
-
65 584
-
accident
124
-
524
-
other
778
-
3 256
-
unemployment
155
-
651
-
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.

2 644
-
11 073
-
health
218
-
912
-
total
3 919
-
16 416
-
Corporate
62 529
82 000
-
-
income
13 131
17 220
-
-
total
13 131
17 220
-
-
Dividends
49 398
64 780
-
-
withholding
3 458
4 535
-
-
total
3 458
4 535
-
-
Income
82 000
82 000
82 000
82 000
Total tax
24 646
21 755
35 591
34 882
After tax
57 354
60 245
46 409
47 118
Living cost
11 413
11 413
11 413
11 413
Free-cash
45 941
48 832
34 996
35 705

Estimated living cost  is ₴11413 per week

₴8064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2395
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
₴24253
₴26793
₴25159
₴17772
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
-
-
-
82 000
income
-
-
-
24 104
pensions
-
-
-
3 993
total
-
-
-
28 097
Employee
40 669
-
71 573
-
health
670
-
1 013
-
income
7 331
-
19 179
-
pensions
3 923
-
4 865
-
total
11 924
-
25 057
-
Employer
40 669
-
71 573
-
pensions
4 802
-
9 067
-
health
772
-
1 360
-
total
5 574
-
10 427
-
Corporate
35 757
82 000
-
-
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.

6 793
15 580
-
-
total
6 793
15 580
-
-
Dividends
28 963
66 420
-
-
withholding
2 172
13 423
-
-
total
2 172
13 423
-
-
Income
82 000
82 000
82 000
82 000
Total tax
26 463
29 003
35 484
28 097
After tax
55 537
52 997
46 516
53 903
Living cost
28 744
28 744
28 744
28 744
Free-cash
26 793
24 253
17 772
25 159

Estimated living cost  is ₴28744 per week

₴21539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
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.
₴3595
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
₴64491
₴62500
₴60083
₴63369
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
-
-
-
82 000
income
-
-
-
12 300
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
16 298
Employee
7 440
-
79 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
7 906
-
pensions

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

653
-
1 314
-
total
1 821
-
10 074
-
Employer
7 440
-
79 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
73 100
82 000
-
-
income
7 310
8 200
-
-
total
7 310
8 200
-
-
Dividends
65 790
73 800
-
-
withholding
3 290
3 690
-
-
total
3 290
3 690
-
-
Income
82 000
82 000
82 000
82 000
Total tax
13 881
11 890
13 012
16 298
After tax
68 119
70 110
68 988
65 702
Living cost
5 619
5 619
5 619
5 619
Free-cash
62 500
64 491
63 369
60 083

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
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.
₴1788
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
₴16945
₴18023
₴21064
₴28192
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
-
-
-
82 000
income
-
-
-
26 885
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
37 185
Employee
39 710
36 577
74 040
-
health
4 954
4 775
5 282
-
income

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

5 987
5 987
11 798
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
22 098
-
Employer
39 710
36 577
74 040
-
unemployment
1 430
1 317
1 636
-
pensions
2 764
2 546
3 164
-
health
2 759
2 542
3 159
-
total
6 953
6 405
7 959
-
Corporate
35 337
39 018
-
-
income
7 067
7 804
-
-
total
7 067
7 804
-
-
Dividends
28 269
31 215
-
-
income
6 007
6 633
-
-
withholding
4 240
4 682
-
-
total
10 247
11 315
-
-
Income
82 000
82 000
82 000
82 000
Total tax
40 226
41 304
30 057
37 185
After tax
41 774
40 696
51 943
44 815
Living cost
23 751
23 751
23 751
23 751
Free-cash
18 023
16 945
28 192
21 064

Estimated living cost  is ₴23751 per week

₴17520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴3837
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
₴46198
₴42537
₴37091
₴33650
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
-
-
-
82 000
income
-
-
-
8 425
health
-
-
-
11 070
solidarity contribution
-
-
-
393
social contributions
-
-
-
14 762
total
-
-
-
34 650
Employee
15 086
-
63 634
-
social contributions
981
-
3 286
-
health
2 037
-
8 591
-
solidarity contribution
-
-
84
-
income
1 810
-
7 764
-
total
4 828
-
19 725
-
Employer
15 086
-
63 634
-
social contributions
3 772
-
12 639
-
health
1 358
-
5 727
-
total
5 130
-
18 366
-
Corporate
61 784
82 000
-
-
income
11 739
15 580
-
-
total
11 739
15 580
-
-
Dividends
50 045
66 420
-
-
withholding
7 507
9 963
-
-
total
7 507
9 963
-
-
Income
82 000
82 000
82 000
82 000
Total tax
29 204
25 543
38 091
34 650
After tax
52 796
56 457
43 909
47 350
Living cost
10 259
10 259
10 259
10 259
Free-cash
42 537
46 198
33 650
37 091

Estimated living cost  is ₴10259 per week

₴7126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2201
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
₴25677
₴23441
₴20734
₴17030
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
-
-
-
82 000
municipal
-
-
-
487
regional
-
-
-
975
national
-
-
-
20 641
social contributions
-
-
-
21 090
total
-
-
-
43 193
Employee
38 066
-
82 000
-
social contributions
12 836
-
27 650
-
regional
359
-
861
-
municipal
202
-
435
-
national
6 596
-
17 951
-
total
19 993
-
46 897
-
Employer
38 066
-
82 000
-
total
-
-
-
-
Corporate
43 934
82 000
-
-
nationa
10 544
19 680
-
-
municipal
1 713
3 198
-
-
total
12 257
22 878
-
-
Dividends
31 677
59 123
-
-
withholding
8 236
15 372
-
-
total
8 236
15 372
-
-
Income
82 000
82 000
82 000
82 000
Total tax
40 486
38 250
46 897
43 193
After tax
41 514
43 750
35 103
38 807
Living cost
18 073
18 073
18 073
18 073
Free-cash
23 441
25 677
17 030
20 734

Estimated living cost  is ₴18073 per week

₴12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4012
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
₴42126
₴40793
₴29266
₴26646
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
-
-
-
82 000
income
-
-
-
23 870
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
3 823
total
-
-
-
43 282
Employee
14 164
-
69 967
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
3 311
-
income
2 374
-
21 309
-
pensions
944
-
3 813
-
unemployment
986
-
3 979
-
total
4 712
-
33 869
-
Employer
14 164
-
69 967
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
64 854
82 000
-
-
income
16 862
21 320
-
-
total
16 862
21 320
-
-
Dividends
47 993
60 680
-
-
withholding
7 199
9 102
-
-
total
7 199
9 102
-
-
Income
82 000
82 000
82 000
82 000
Total tax
31 755
30 422
45 902
43 282
After tax
50 245
51 578
36 098
38 718
Living cost
9 452
9 452
9 452
9 452
Free-cash
40 793
42 126
26 646
29 266

Estimated living cost  is ₴9452 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2582
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
₴33360
₴36200
₴34266
₴26879
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
-
-
-
82 000
income
-
-
-
24 104
pensions
-
-
-
3 993
total
-
-
-
28 097
Employee
27 255
-
71 573
-
health
396
-
1 013
-
income
4 909
-
19 179
-
pensions
2 313
-
4 865
-
total
7 618
-
25 057
-
Employer
27 255
-
71 573
-
pensions
2 950
-
9 067
-
health
518
-
1 360
-
total
3 468
-
10 427
-
Corporate
51 277
82 000
-
-
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.

9 743
15 580
-
-
total
9 743
15 580
-
-
Dividends
41 534
66 420
-
-
withholding
5 334
13 423
-
-
total
5 334
13 423
-
-
Income
82 000
82 000
82 000
82 000
Total tax
26 163
29 003
35 484
28 097
After tax
55 837
52 997
46 516
53 903
Living cost
19 637
19 637
19 637
19 637
Free-cash
36 200
33 360
26 879
34 266

Estimated living cost  is ₴19637 per week

₴14712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
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.
₴3248
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
₴5124
₴18974
₴33409
₴29890
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
-
-
-
82 000
city
-
-
-
865
pensions
-
-
-
7 544
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.

-
-
-
1 640
regional
-
-
-
4 289
health
-
-
-
185
national
-
-
-
1 696
total
-
-
-
16 219
Employee
37 884
-
73 493
-
city
407
-
791
-
regional
1 241
-
3 733
-
health
86
-
165
-
pensions
3 183
-
6 063
-
unemployment
-
-
-
-
national
179
-
1 288
-
total
5 096
-
12 040
-
Employer
37 884
-
73 493
-
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.

757
-
1 470
-
unemployment
-
-
-
-
pensions
3 183
-
6 063
-
health
86
-
165
-
total
4 026
-
7 698
-
Corporate
39 674
82 000
-
-
regional
8 391
17 343
-
-
national
3 372
6 970
-
-
total
11 763
24 313
-
-
Dividends
27 911
57 687
-
-
withholding
9 769
20 191
-
-
total
9 769
20 191
-
-
Income
82 000
82 000
82 000
82 000
Total tax
30 654
44 504
19 738
16 219
After tax
51 346
37 496
62 262
65 781
Living cost
32 372
32 372
32 372
32 372
Free-cash
18 974
5 124
29 890
33 409

Estimated living cost  is ₴32372 per week

₴21051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8018
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
₴20882
₴27828
₴21298
₴31946
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.

-
-
-
82 000
trade
-
-
-
10 648
income

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

-
-
-
26 073
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.

-
-
-
2 926
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.

-
-
-
1 434
total
-
-
-
41 081
Employee

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

25 741
-
82 000
-
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.

2 926
-
2 926
-
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
-
1 434
-
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.

3 027
-
26 073
-
total
6 120
-
30 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 259
82 000
-
-
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.

464
676
-
-
income
8 439
12 300
-
-
trade
9 648
14 063
-
-
chamber of commerce
144
180
-
-
total
18 695
27 219
-
-
Dividends
37 564
54 780
-
-
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.

507
745
-
-
withholding
9 229
13 533
-
-
total
9 736
14 278
-
-
Income
82 000
82 000
82 000
82 000
Total tax
34 551
41 497
30 433
41 081
After tax
47 449
40 503
51 567
40 919
Living cost
19 621
19 621
19 621
19 621
Free-cash
27 828
20 882
31 946
21 298

Estimated living cost  is ₴19621 per week

₴14331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3467
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
₴26674
₴29204
₴31449
₴29662
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
-
-
-
82 000
income
-
-
-
13 349
pensions
-
-
-
13 997
other
-
-
-
2 542
health
-
-
-
3 672
surtax
-
-
-
-
social contributions
-
-
-
2 337
total
-
-
-
35 897
Employee
18 331
-
63 174
-
social contributions
523
-
1 800
-
surtax
-
-
-
-
income
1 082
-
12 545
-
pensions
2 073
-
4 513
-
total
3 678
-
18 858
-
Employer
18 331
-
63 174
-
other
632
-
2 515
-
social contributions
55
-
189
-
unemployment
742
-
2 559
-
pensions
3 011
-
7 576
-
health
1 283
-
5 987
-
total
5 723
-
18 826
-
Corporate
57 944
82 000
-
-
surtax
-
-
-
-
income
16 225
22 960
-
-
total
16 225
22 960
-
-
Dividends
41 719
59 040
-
-
surtax
-
-
-
-
social contributions
7 176
10 155
-
-
withholding
5 340
7 557
-
-
total
12 516
17 712
-
-
Income
82 000
82 000
82 000
82 000
Total tax
38 142
40 672
37 684
35 897
After tax
43 858
41 328
44 316
46 103
Living cost
14 654
14 654
14 654
14 654
Free-cash
29 204
26 674
29 662
31 449

Estimated living cost  is ₴14654 per week

₴9240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
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.
₴3974
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
₴28126
₴30505
₴32901
₴31114
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
-
-
-
82 000
income
-
-
-
13 349
pensions
-
-
-
13 997
other
-
-
-
2 542
health
-
-
-
3 672
surtax
-
-
-
-
social contributions
-
-
-
2 337
total
-
-
-
35 897
Employee
16 363
-
63 174
-
social contributions
467
-
1 800
-
surtax
-
-
-
-
income
844
-
12 545
-
pensions
1 851
-
4 513
-
total
3 162
-
18 858
-
Employer
16 363
-
63 174
-
other
565
-
2 515
-
social contributions
49
-
189
-
unemployment
662
-
2 559
-
pensions
2 689
-
7 576
-
health
1 145
-
5 987
-
total
5 110
-
18 826
-
Corporate
60 527
82 000
-
-
surtax
-
-
-
-
income
16 947
22 960
-
-
total
16 947
22 960
-
-
Dividends
43 579
59 040
-
-
surtax
-
-
-
-
social contributions
7 496
10 155
-
-
withholding
5 578
7 557
-
-
total
13 074
17 712
-
-
Income
82 000
82 000
82 000
82 000
Total tax
38 293
40 672
37 684
35 897
After tax
43 707
41 328
44 316
46 103
Living cost
13 202
13 202
13 202
13 202
Free-cash
30 505
28 126
31 114
32 901

Estimated living cost  is ₴13202 per week

₴7657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
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.
₴3954
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
₴40945
₴41166
₴43578
₴41694
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
-
-
-
82 000
income
-
-
-
12 300
health
-
-
-
5 724
social contributions
-
-
-
11 316
total
-
-
-
29 340
Employee
14 522
-
82 000
-
social contributions
2 004
-
11 316
-
health
1 014
-
5 724
-
income
2 422
-
14 184
-
total
5 440
-
31 224
-
Employer
14 522
-
82 000
-
total
-
-
-
-
Corporate
67 478
82 000
-
-
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%.

3 374
4 100
-
-
total
3 374
4 100
-
-
Dividends
64 104
77 900
-
-
health
4 475
5 438
-
-
social contributions
8 847
10 750
-
-
withholding
9 616
11 685
-
-
total
22 938
27 873
-
-
Income
82 000
82 000
82 000
82 000
Total tax
31 752
31 973
31 224
29 340
After tax
50 248
50 027
50 776
52 660
Living cost
9 082
9 082
9 082
9 082
Free-cash
41 166
40 945
41 694
43 578

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
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.
₴2234
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
₴30216
₴29554
₴27011
₴6558
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
-
-
-
82 000
chamber of commerce
-
-
-
328
income
-
-
-
23 772
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
85
total
-
-
-
39 897
Employee
21 405
17 069
66 327
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
19 440
-
pensions
2 192
1 748
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 351
28 502
-
Employer
21 405
17 069
66 327
-
accident
278
222
650
-
other
1 017
810
3 011
-
chamber of commerce
85
68
265
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 143
6 280
-
payroll
642
512
1 990
-
health
809
645
1 891
-
total
6 244
4 997
15 673
-
Corporate
54 351
59 934
64 701
-
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.

13 588
14 983
16 175
-
total
13 588
14 983
16 175
-
Dividends
40 763
44 950
-
-
withholding
11 209
12 361
-
-
total
11 209
12 361
-
-
Income
82 000
82 000
82 000
82 000
Total tax
37 354
36 692
60 350
39 897
After tax
44 646
45 308
21 650
42 103
Living cost
15 092
15 092
15 092
15 092
Free-cash
29 554
30 216
6 558
27 011

Estimated living cost  is ₴15092 per week

₴10066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴3491
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
₴30184
₴23805
₴19976
₴12888
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
-
-
-
82 000
national
-
-
-
31 449
communal

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

-
-
-
4 279
social contributions
-
-
-
10 679
total
-
-
-
46 407
Employee

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

30 638
-
63 512
-
communal

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

1 598
-
3 313
-
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.

1 439
-
2 985
-
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.

2 298
-
4 763
-
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
-
553
-
national
9 419
-
23 394
-
total
15 021
-
35 008
-
Employer

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

30 638
-
63 512
-
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.

398
-
825
-
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.

447
-
927
-
surtax
3 474
-
7 202
-
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.

2 715
-
5 627
-
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.

1 884
-
3 906
-
total
8 918
-
18 487
-
Corporate
42 444
82 000
-
-
surtax
170
329
-
-
income
8 489
16 464
-
-
total
8 659
16 793
-
-
Dividends
33 785
65 206
-
-
withholding

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

9 980
19 406
-
-
total
9 980
19 406
-
-
Income
82 000
82 000
82 000
82 000
Total tax
42 578
36 199
53 495
46 407
After tax
39 422
45 801
28 505
35 593
Living cost
15 617
15 617
15 617
15 617
Free-cash
23 805
30 184
12 888
19 976

Estimated living cost  is ₴15617 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
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.
₴3948
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
₴39111
₴36176
₴30476
₴28680
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
-
-
-
82 000
accident
-
-
-
358
income
-
-
-
24 145
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 056
Employee
21 321
-
69 344
-
other
21
-
40
-
income
4 499
-
22 675
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 853
-
25 196
-
Employer
21 321
-
69 344
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
53 883
82 000
-
-
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.

8 083
12 300
-
-
total
8 083
12 300
-
-
Dividends
45 801
69 700
-
-
withholding
9 624
15 121
-
-
total
9 624
15 121
-
-
Income
82 000
82 000
82 000
82 000
Total tax
30 356
27 421
37 852
36 056
After tax
51 644
54 579
44 148
45 944
Living cost
15 468
15 468
15 468
15 468
Free-cash
36 176
39 111
28 680
30 476

Estimated living cost  is ₴15468 per week

₴11391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
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.
₴2757
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
₴24214
₴18528
₴16531
₴19800
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
-
-
-
82 000
accident
-
-
-
692
income
-
-
-
14 201
pensions
-
-
-
12 291
health
-
-
-
5 761
surtax
-
-
-
4 065
communal
-
-
-
5 182
total
-
-
-
42 192
Employee
32 436
-
73 248
-
health
1 444
-
3 259
-
surtax
1 988
-
4 489
-
income
3 133
-
16 562
-
pensions
2 594
-
5 860
-
total
9 159
-
30 170
-
Employer
32 436
-
73 248
-
accident
292
-
659
-
pensions
2 594
-
5 860
-
health
989
-
2 234
-
total
3 875
-
8 753
-
Corporate
45 688
82 000
-
-
surtax
480
861
-
-
communal
3 084
5 535
-
-
income
6 854
12 300
-
-
total
10 418
18 696
-
-
Dividends
35 271
63 304
-
-
income
11 452
6 318
-
-
withholding
5 291
9 495
-
-
total
16 743
15 813
-
-
Income
82 000
82 000
82 000
82 000
Total tax
40 195
34 509
38 923
42 192
After tax
41 805
47 491
43 077
39 808
Living cost
23 277
23 277
23 277
23 277
Free-cash
18 528
24 214
19 800
16 531

Estimated living cost  is ₴23277 per week

₴17461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴41958
₴40595
₴29098
₴26478
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
-
-
-
82 000
income
-
-
-
23 870
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
3 823
total
-
-
-
43 282
Employee
14 424
-
69 967
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
3 311
-
income
2 418
-
21 309
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 979
-
total
4 803
-
33 869
-
Employer
14 424
-
69 967
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
64 539
82 000
-
-
income
16 781
21 320
-
-
total
16 781
21 320
-
-
Dividends
47 759
60 680
-
-
withholding
7 164
9 102
-
-
total
7 164
9 102
-
-
Income
82 000
82 000
82 000
82 000
Total tax
31 785
30 422
45 902
43 282
After tax
50 215
51 578
36 098
38 718
Living cost
9 620
9 620
9 620
9 620
Free-cash
40 595
41 958
26 478
29 098

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
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.
₴2753
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
₴31563
₴30612
₴27007
₴23323
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
-
-
-
82 000
municipal
-
-
-
487
regional
-
-
-
1 237
national
-
-
-
20 641
social contributions
-
-
-
21 090
total
-
-
-
43 455
Employee
23 759
-
82 000
-
social contributions
8 012
-
27 650
-
regional
320
-
1 103
-
municipal
126
-
435
-
national
3 764
-
17 951
-
total
12 222
-
47 139
-
Employer
23 759
-
82 000
-
total
-
-
-
-
Corporate
58 241
82 000
-
-
nationa
13 978
19 680
-
-
municipal
2 894
4 075
-
-
total
16 872
23 755
-
-
Dividends
41 368
58 245
-
-
withholding
10 756
15 144
-
-
total
10 756
15 144
-
-
Income
82 000
82 000
82 000
82 000
Total tax
39 850
38 899
47 139
43 455
After tax
42 150
43 101
34 861
38 545
Living cost
11 538
11 538
11 538
11 538
Free-cash
30 612
31 563
23 323
27 007

Estimated living cost  is ₴11538 per week

₴7176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
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.
₴2996
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
₴43816
₴39306
₴34709
₴31268
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
-
-
-
82 000
income
-
-
-
8 425
health
-
-
-
11 070
solidarity contribution
-
-
-
393
social contributions
-
-
-
14 762
total
-
-
-
34 650
Employee
18 590
-
63 634
-
social contributions
1 208
-
3 286
-
health
2 510
-
8 591
-
solidarity contribution
-
-
84
-
income
2 231
-
7 764
-
total
5 949
-
19 725
-
Employer
18 590
-
63 634
-
social contributions
4 648
-
12 639
-
health
1 673
-
5 727
-
total
6 321
-
18 366
-
Corporate
57 089
82 000
-
-
income
10 847
15 580
-
-
total
10 847
15 580
-
-
Dividends
46 242
66 420
-
-
withholding
6 936
9 963
-
-
total
6 936
9 963
-
-
Income
82 000
82 000
82 000
82 000
Total tax
30 053
25 543
38 091
34 650
After tax
51 947
56 457
43 909
47 350
Living cost
12 641
12 641
12 641
12 641
Free-cash
39 306
43 816
31 268
34 709

Estimated living cost  is ₴12641 per week

₴9401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
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.
₴2321
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
₴31688
₴31477
₴28523
₴8007
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
-
-
-
82 000
chamber of commerce
-
-
-
328
income
-
-
-
23 772
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
-
total
-
-
-
39 812
Employee
18 723
17 069
66 405
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
19 477
-
pensions
1 917
1 748
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 351
28 539
-
Employer
18 723
17 069
66 405
-
accident
243
222
650
-
other
889
810
3 015
-
chamber of commerce
75
68
266
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 143
6 280
-
payroll
562
512
1 992
-
health
708
645
1 891
-
total
5 389
4 912
15 595
-
Corporate
57 889
60 018
64 779
-
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.

14 472
15 005
16 194
-
total
14 472
15 005
16 194
-
Dividends
43 417
45 014
-
-
withholding
11 939
12 379
-
-
total
11 939
12 379
-
-
Income
82 000
82 000
82 000
82 000
Total tax
36 858
36 647
60 328
39 812
After tax
45 142
45 353
21 672
42 188
Living cost
13 665
13 665
13 665
13 665
Free-cash
31 477
31 688
8 007
28 523

Estimated living cost  is ₴13665 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3828
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
₴71895
₴70769
₴75175
₴59595
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%.

-
-
-
82 000
microenterprise

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

-
-
-
820
total
-
-
-
820
Employee
7 506
-
82 000
-
income
1 501
-
16 400
-
total
1 501
-
16 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

74 494
82 000
-
-
total
-
-
-
-
Dividends
74 494
82 000
-
-
withholding
3 725
4 100
-
-
total
3 725
4 100
-
-
Income
82 000
82 000
82 000
82 000
Total tax
5 226
4 100
16 400
820
After tax
76 774
77 900
65 600
81 180
Living cost
6 005
6 005
6 005
6 005
Free-cash
70 769
71 895
59 595
75 175

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
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
₴44969
₴41388
₴28096
₴26060
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.

-
-
-
82 000
income
-
-
-
19 249
pensions
-
-
-
14 975
unemployment
-
-
-
123
health
-
-
-
8 069
total
-
-
-
42 416
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.

18 940
-
70 952
-
health
1 223
-
4 583
-
income
3 266
-
17 727
-
pensions
2 936
-
10 997
-
unemployment
27
-
99
-
total
7 452
-
33 406
-
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.

18 940
-
70 952
-
unemployment
11
-
42
-
pensions
1 676
-
6 279
-
health
1 261
-
4 725
-
total
2 948
-
11 046
-
Corporate
60 111
82 000
-
-
income
11 421
15 580
-
-
total
11 421
15 580
-
-
Dividends
48 690
66 420
-
-
withholding
7 303
9 963
-
-
total
7 303
9 963
-
-
Income
82 000
82 000
82 000
82 000
Total tax
29 124
25 543
44 452
42 416
After tax
52 876
56 457
37 548
39 584
Living cost
11 488
11 488
11 488
11 488
Free-cash
41 388
44 969
26 060
28 096

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
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.
₴2646
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
₴31391
₴10999
₴38171
₴57862
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
-
-
-
82 000
income
-
-
-
15 983
social contributions
-
-
-
9 348
total
-
-
-
25 331
Employee
26 523
-
-
-
social contributions
2 175
-
310
-
income
5 851
-
-
-
total
8 026
-
310
-
Employer
26 523
-
-
-
social contributions
37 398
-
5 330
-
total
37 398
-
5 330
-
Corporate
18 079
82 000
-
-
income
3 977
18 040
-
-
total
3 977
18 040
-
-
Dividends
14 101
63 960
-
-
income
3 102
14 071
-
-
total
3 102
14 071
-
-
Income
82 000
82 000
82 000
82 000
Total tax
52 503
32 111
5 640
25 331
After tax
29 497
49 889
76 360
56 669
Living cost
18 498
18 498
18 498
18 498
Free-cash
10 999
31 391
57 862
38 171

Estimated living cost  is ₴18498 per week

₴12002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴4520
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
₴33206
₴32775
₴30059
₴23842
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.

-
-
-
82 000
income
-
-
-
10 011
surtax
-
-
-
-
social contributions

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

-
-
-
28 495
total
-
-
-
38 506
Employee
19 699
-
66 262
-
social contributions
2 167
-
7 288
-
surtax
-
-
-
-
income
4 098
-
21 697
-
total
6 265
-
28 985
-
Employer
19 699
-
66 262
-
social contributions
4 679
-
15 738
-
total
4 679
-
15 738
-
Corporate
57 622
82 000
-
-
surtax
-
-
-
-
income
12 100
17 220
-
-
total
12 100
17 220
-
-
Dividends
45 522
64 780
-
-
withholding
12 746
18 139
-
-
total
12 746
18 139
-
-
Income
82 000
82 000
82 000
82 000
Total tax
35 790
35 359
44 723
38 506
After tax
46 210
46 641
37 277
43 494
Living cost
13 435
13 435
13 435
13 435
Free-cash
32 775
33 206
23 842
30 059

Estimated living cost  is ₴13435 per week

₴10052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
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.
₴2366
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
₴20641
₴23584
₴25416
₴23629
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
-
-
-
82 000
income
-
-
-
13 349
pensions
-
-
-
13 997
other
-
-
-
2 542
health
-
-
-
3 672
surtax
-
-
-
-
social contributions
-
-
-
2 337
total
-
-
-
35 897
Employee
26 826
-
63 174
-
social contributions
764
-
1 800
-
surtax
-
-
-
-
income
2 341
-
12 545
-
pensions
3 034
-
4 513
-
total
6 139
-
18 858
-
Employer
26 826
-
63 174
-
other
926
-
2 515
-
social contributions
80
-
189
-
unemployment
1 087
-
2 559
-
pensions
4 408
-
7 576
-
health
1 878
-
5 987
-
total
8 379
-
18 826
-
Corporate
46 795
82 000
-
-
surtax
-
-
-
-
income
13 103
22 960
-
-
total
13 103
22 960
-
-
Dividends
33 693
59 040
-
-
surtax
-
-
-
-
social contributions
5 795
10 155
-
-
withholding
4 313
7 557
-
-
total
10 108
17 712
-
-
Income
82 000
82 000
82 000
82 000
Total tax
37 729
40 672
37 684
35 897
After tax
44 271
41 328
44 316
46 103
Living cost
20 687
20 687
20 687
20 687
Free-cash
23 584
20 641
23 629
25 416

Estimated living cost  is ₴20687 per week

₴14001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
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
₴60925
₴59486
₴47290
₴49470
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
-
-
-
82 000
income
-
-
-
3 795
social contributions
-
-
-
18 040
total
-
-
-
21 835
Employee
13 770
-
70 996
-
income
-
-
4 037
-
social contributions
895
-
4 614
-
total
895
-
8 651
-
Employer
13 770
-
70 996
-
social contributions
2 134
-
11 004
-
total
2 134
-
11 004
-
Corporate
66 096
82 000
-
-
income
6 610
8 200
-
-
total
6 610
8 200
-
-
Dividends
59 486
73 800
-
-
total
-
-
-
-
Income
82 000
82 000
82 000
82 000
Total tax
9 639
8 200
19 655
21 835
After tax
72 361
73 800
62 345
60 165
Living cost
12 875
12 875
12 875
12 875
Free-cash
59 486
60 925
49 470
47 290

Estimated living cost  is ₴12875 per week

₴8325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3337
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
-₴11362
-₴11362
₴27348
-₴11362
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
-
-
-
82 000
municipal
-
-
-
17 275
pensions
-
-
-
371
national
-
-
-
9 839
labour market
-
-
-
6 530
total
-
-
-
34 015
Employee
87 103
87 103
87 103
-
labour market
6 958
6 958
6 958
-
national
10 641
10 641
10 641
-
municipal
18 548
18 548
18 548
-
pensions
124
124
124
-
total
36 271
36 271
36 271
-
Employer
87 103
87 103
87 103
-
labour market
6 968
6 968
6 968
-
municipal
18 578
18 578
18 578
-
pensions
248
248
248
-
national
10 660
10 660
10 660
-
total
36 454
36 454
36 454
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
82 000
82 000
82 000
82 000
Total tax
72 725
72 725
72 725
34 015
After tax
9 275
9 275
9 275
47 985
Living cost
20 637
20 637
20 637
20 637
Free-cash
-11 362
-11 362
-11 362
27 348

Estimated living cost  is ₴20637 per week

₴14124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4370
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
-₴2588
₴5225
₴46799
₴35556
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
-
-
-
82 000
accident
-
-
-
108
income
-
-
-
23 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
25 971
Employee
14 519
-
74 250
-
health
1 663
-
8 502
-
income
1 992
-
17 713
-
pensions
1 635
-
3 249
-
total
5 290
-
29 464
-
Employer
14 519
-
74 250
-
accident
242
-
1 240
-
unemployment
356
-
1 819
-
pensions
2 361
-
4 691
-
total
2 959
-
7 750
-
Corporate
64 522
82 000
-
-
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.

58 070
73 800
-
-
total
58 070
73 800
-
-
Dividends
6 452
8 200
-
-
withholding
1 226
1 558
-
-
total
1 226
1 558
-
-
Income
82 000
82 000
82 000
82 000
Total tax
67 545
75 358
37 214
25 971
After tax
14 455
6 642
44 786
56 029
Living cost
9 230
9 230
9 230
9 230
Free-cash
5 225
-2 588
35 556
46 799

Estimated living cost  is ₴9230 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1812
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
₴34532
₴35765
₴35493
₴26098
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

-
-
-
82 000
municipal
-
-
-
14 565
health
-
-
-
1 084
national
-
-
-
14 414
total
-
-
-
30 063
Employee
22 535
-
68 983
-
health
168
-
884
-
municipal
3 691
-
11 233
-
pensions
1 521
-
4 657
-
unemployment
338
-
1 035
-
national
372
-
8 631
-
total
6 090
-
26 440
-
Employer
22 535
-
68 983
-
accident
23
-
69
-
unemployment
146
-
449
-
pensions
3 910
-
11 969
-
health
173
-
531
-
total
4 252
-
13 018
-
Corporate
55 214
82 000
-
-
income
11 043
16 400
-
-
total
11 043
16 400
-
-
Dividends

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

33 128
49 200
-
-
national
2 443
5 768
-
-
municipal
5 963
8 856
-
-
total
8 406
14 624
-
-
Income
82 000
82 000
82 000
82 000
Total tax
29 791
31 024
39 458
30 063
After tax
52 209
50 976
42 542
51 937
Living cost
16 444
16 444
16 444
16 444
Free-cash
35 765
34 532
26 098
35 493

Estimated living cost  is ₴16444 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3860
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
₴49882
₴47552
₴45802
₴45099
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
-
-
-
82 000
income
-
-
-
17 260
health
-
-
-
2 091
social contributions
-
-
-
6 930
total
-
-
-
26 281
Employee
32 936
32 936
76 891
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 307
-
income
3 586
3 049
16 881
-
total
5 086
6 342
21 875
-
Employer
32 936
32 936
76 891
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 422
-
total
1 522
3 343
5 109
-
Corporate
65 474
45 721
-
-
income
8 184
5 715
-
-
total
8 184
5 715
-
-
Dividends
57 290
40 006
-
-
withholding
9 739
6 801
-
-
total
9 739
6 801
-
-
Income
82 000
82 000
82 000
82 000
Total tax
24 531
22 201
26 984
26 281
After tax
57 469
59 799
55 016
55 719
Living cost
9 917
9 917
9 917
9 917
Free-cash
47 552
49 882
45 099
45 802

Estimated living cost  is ₴9917 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
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.
₴2781
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
₴61105
₴58924
₴62516
₴53926
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
-
-
-
82 000
income
-
-
-
8 397
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
12 684
Employee

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

9 831
-
77 814
-
health
836
-
3 454
-
income
672
-
7 335
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
17 088
-
Employer

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

9 831
-
77 814
-
unemployment
49
-
203
-
pensions
541
-
2 235
-
health
423
-
1 748
-
total
1 013
-
4 186
-
Corporate
71 157
82 000
-
-
income
6 404
7 380
-
-
total
6 404
7 380
-
-
Dividends
64 753
74 620
-
-
withholding
5 828
6 715
-
-
total
5 828
6 715
-
-
Income
82 000
82 000
82 000
82 000
Total tax
16 276
14 095
21 274
12 684
After tax
65 724
67 905
60 726
69 316
Living cost
6 800
6 800
6 800
6 800
Free-cash
58 924
61 105
53 926
62 516

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴42801
₴40911
₴34166
₴32370
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
-
-
-
82 000
accident
-
-
-
358
income
-
-
-
24 145
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 056
Employee
15 837
-
69 344
-
other
15
-
40
-
income
3 053
-
22 675
-
pensions
745
-
1 866
-
unemployment
245
-
615
-
total
4 058
-
25 196
-
Employer
15 837
-
69 344
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
61 113
82 000
-
-
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.

9 167
12 300
-
-
total
9 167
12 300
-
-
Dividends
51 946
69 700
-
-
withholding
11 037
15 121
-
-
total
11 037
15 121
-
-
Income
82 000
82 000
82 000
82 000
Total tax
29 311
27 421
37 852
36 056
After tax
52 689
54 579
44 148
45 944
Living cost
11 778
11 778
11 778
11 778
Free-cash
40 911
42 801
32 370
34 166

Estimated living cost  is ₴11778 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
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.
₴2490
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
₴49998
₴49805
₴51443
₴51361
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
-
-
-
82 000
income
-
-
-
27 915
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
29 387
Employee
1 782
-
81 040
-
health
89
-
213
-
income
345
-
27 870
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
28 510
-
Employer
1 782
-
81 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
79 817
82 000
-
-
income
17 560
18 040
-
-
total
17 560
18 040
-
-
Dividends
62 258
63 960
-
-
withholding
12 452
12 792
-
-
total
12 452
12 792
-
-
Income
82 000
82 000
82 000
82 000
Total tax
31 025
30 832
29 469
29 387
After tax
50 975
51 168
52 531
52 613
Living cost
1 170
1 170
1 170
1 170
Free-cash
49 805
49 998
51 361
51 443

Estimated living cost  is ₴1170 per week

₴695
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.
₴353
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
₴51837
₴49729
₴43915
₴43916
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.

-
-
-
82 000
income
-
-
-
18 711
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
30 677
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.

11 170
-
76 334
-
health
575
-
1 630
-
income
1 540
-
18 711
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
25 010
-
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.

11 170
-
76 334
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
68 830
82 000
-
-
income
10 325
12 300
-
-
total
10 325
12 300
-
-
Dividends
58 506
69 700
-
-
withholding
8 776
10 455
-
-
total
8 776
10 455
-
-
Income
82 000
82 000
82 000
82 000
Total tax
24 863
22 755
30 676
30 677
After tax
57 137
59 245
51 324
51 323
Living cost
7 408
7 408
7 408
7 408
Free-cash
49 729
51 837
43 916
43 915

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴1633
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
₴35094
₴34940
₴31947
₴25730
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.

-
-
-
82 000
income
-
-
-
10 011
surtax
-
-
-
-
social contributions

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

-
-
-
28 495
total
-
-
-
38 506
Employee
16 624
-
66 262
-
social contributions
1 829
-
7 288
-
surtax
-
-
-
-
income
3 248
-
21 697
-
total
5 077
-
28 985
-
Employer
16 624
-
66 262
-
social contributions
3 948
-
15 738
-
total
3 948
-
15 738
-
Corporate
61 428
82 000
-
-
surtax
-
-
-
-
income
12 900
17 220
-
-
total
12 900
17 220
-
-
Dividends
48 528
64 780
-
-
withholding
13 588
18 139
-
-
total
13 588
18 139
-
-
Income
82 000
82 000
82 000
82 000
Total tax
35 513
35 359
44 723
38 506
After tax
46 487
46 641
37 277
43 494
Living cost
11 547
11 547
11 547
11 547
Free-cash
34 940
35 094
25 730
31 947

Estimated living cost  is ₴11547 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴39526
₴36723
₴30891
₴29095
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
-
-
-
82 000
accident
-
-
-
358
income
-
-
-
24 145
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 056
Employee
20 686
-
69 344
-
other
20
-
40
-
income
4 321
-
22 675
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 633
-
25 196
-
Employer
20 686
-
69 344
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 882
-
9 369
-
total
6 596
-
12 656
-
Corporate
54 719
82 000
-
-
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.

8 208
12 300
-
-
total
8 208
12 300
-
-
Dividends
46 511
69 700
-
-
withholding
9 787
15 121
-
-
total
9 787
15 121
-
-
Income
82 000
82 000
82 000
82 000
Total tax
30 224
27 421
37 852
36 056
After tax
51 776
54 579
44 148
45 944
Living cost
15 053
15 053
15 053
15 053
Free-cash
36 723
39 526
29 095
30 891

Estimated living cost  is ₴15053 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴2860
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
₴62738
₴60127
₴58330
₴61616
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
-
-
-
82 000
income
-
-
-
12 300
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
16 298
Employee
9 762
-
79 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
7 906
-
pensions

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

857
-
1 314
-
total
2 389
-
10 074
-
Employer
9 762
-
79 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
70 322
82 000
-
-
income
7 032
8 200
-
-
total
7 032
8 200
-
-
Dividends
63 290
73 800
-
-
withholding
3 164
3 690
-
-
total
3 164
3 690
-
-
Income
82 000
82 000
82 000
82 000
Total tax
14 501
11 890
13 012
16 298
After tax
67 499
70 110
68 988
65 702
Living cost
7 372
7 372
7 372
7 372
Free-cash
60 127
62 738
61 616
58 330

Estimated living cost  is ₴7372 per week

₴4876
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.
₴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.
₴1899
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
₴25656
₴31258
₴26122
₴35031
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.

-
-
-
82 000
trade
-
-
-
8 909
income

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

-
-
-
26 073
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.

-
-
-
2 926
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.

-
-
-
1 434
total
-
-
-
39 342
Employee

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

21 311
-
82 000
-
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.

2 926
-
2 926
-
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
-
1 434
-
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.

1 752
-
26 073
-
total
4 775
-
30 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 689
82 000
-
-
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.

501
676
-
-
income
9 104
12 300
-
-
trade
8 708
11 767
-
-
chamber of commerce
154
185
-
-
total
18 467
24 928
-
-
Dividends
42 222
57 071
-
-
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.

571
775
-
-
withholding
10 393
14 105
-
-
total
10 964
14 880
-
-
Income
82 000
82 000
82 000
82 000
Total tax
34 206
39 808
30 433
39 342
After tax
47 794
42 192
51 567
42 658
Living cost
16 536
16 536
16 536
16 536
Free-cash
31 258
25 656
35 031
26 122

Estimated living cost  is ₴16536 per week

₴11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3110
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
₴33001
₴33947
₴18048
₴18048
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
-
-
-
82 000
income
-
-
-
25 721
social contributions
-
-
-
13 832
total
-
-
-
39 553
Employee
33 504
-
82 000
-
income
6 322
-
25 721
-
social contributions
2 783
-
13 832
-
total
9 105
-
39 553
-
Employer
33 504
-
82 000
-
total
-
-
-
-
Corporate
48 496
82 000
-
-
income
6 062
10 250
-
-
total
6 062
10 250
-
-
Dividends
42 434
71 750
-
-
withholding
8 487
14 350
-
-
total
8 487
14 350
-
-
Income
82 000
82 000
82 000
82 000
Total tax
23 654
24 600
39 553
39 553
After tax
58 346
57 400
42 447
42 447
Living cost
24 399
24 399
24 399
24 399
Free-cash
33 947
33 001
18 048
18 048

Estimated living cost  is ₴24399 per week

₴18562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
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.
₴3615
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
₴35489
₴36985
₴51291
₴42356
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.

-
-
-
82 000
income
-
-
-
12 300
health

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

-
-
-
2 861
total
-
-
-
15 161
Employee
19 649
-
80 030
-
income
2 132
-
20 156
-
social contributions
1 969
-
1 970
-
total
4 101
-
22 126
-
Employer
19 649
-
80 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
60 383
82 000
-
-
income
21 134
28 700
-
-
total
21 134
28 700
-
-
Dividends
39 249
53 300
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
82 000
82 000
82 000
82 000
Total tax
29 467
30 963
24 096
15 161
After tax
52 533
51 037
57 904
66 839
Living cost
15 548
15 548
15 548
15 548
Free-cash
36 985
35 489
42 356
51 291

Estimated living cost  is ₴15548 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
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
₴37032
₴39577
₴37938
₴30551
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
-
-
-
82 000
income
-
-
-
24 104
pensions
-
-
-
3 993
total
-
-
-
28 097
Employee
21 914
-
71 573
-
health
286
-
1 013
-
income
3 991
-
19 179
-
pensions
1 673
-
4 865
-
total
5 950
-
25 057
-
Employer
21 914
-
71 573
-
pensions
2 214
-
9 067
-
health
416
-
1 360
-
total
2 630
-
10 427
-
Corporate
57 456
82 000
-
-
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.

10 917
15 580
-
-
total
10 917
15 580
-
-
Dividends
46 539
66 420
-
-
withholding
6 961
13 423
-
-
total
6 961
13 423
-
-
Income
82 000
82 000
82 000
82 000
Total tax
26 458
29 003
35 484
28 097
After tax
55 542
52 997
46 516
53 903
Living cost
15 965
15 965
15 965
15 965
Free-cash
39 577
37 032
30 551
37 938

Estimated living cost  is ₴15965 per week

₴10952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3344
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
-₴3501
₴5087
₴45886
₴34643
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
-
-
-
82 000
accident
-
-
-
108
income
-
-
-
23 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
25 971
Employee
15 956
-
74 250
-
health
1 827
-
8 502
-
income
2 189
-
17 713
-
pensions
1 797
-
3 249
-
total
5 813
-
29 464
-
Employer
15 956
-
74 250
-
accident
266
-
1 240
-
unemployment
391
-
1 819
-
pensions
2 594
-
4 691
-
total
3 251
-
7 750
-
Corporate
62 792
82 000
-
-
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.

56 513
73 800
-
-
total
56 513
73 800
-
-
Dividends
6 279
8 200
-
-
withholding
1 193
1 558
-
-
total
1 193
1 558
-
-
Income
82 000
82 000
82 000
82 000
Total tax
66 770
75 358
37 214
25 971
After tax
15 230
6 642
44 786
56 029
Living cost
10 143
10 143
10 143
10 143
Free-cash
5 087
-3 501
34 643
45 886

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴56945
₴61215
₴43760
₴53178
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.

-
-
-
82 000
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
13 619
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
32 455
Employee

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

9 257
-
82 000
-
work injury
46
-
171
-
income
926
-
13 619
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
23 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 743
82 000
-
-
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%.

727
8 200
-
-
total
727
8 200
-
-
Dividends
72 016
73 800
-
-
withholding
10 802
11 070
-
-
total
10 802
11 070
-
-
Income
82 000
82 000
82 000
82 000
Total tax
15 000
19 270
23 037
32 455
After tax
67 000
62 730
58 963
49 545
Living cost
5 785
5 785
5 785
5 785
Free-cash
61 215
56 945
53 178
43 760

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1600
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
₴26129
₴24182
₴20773
₴17174
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
-
-
-
82 000
municipal
-
-
-
548
regional
-
-
-
1 885
national
-
-
-
20 641
social contributions
-
-
-
21 090
total
-
-
-
44 164
Employee
36 093
-
82 000
-
social contributions
12 170
-
27 650
-
regional
545
-
1 673
-
municipal
215
-
489
-
national
6 099
-
17 951
-
total
19 029
-
47 763
-
Employer
36 093
-
82 000
-
total
-
-
-
-
Corporate
45 907
82 000
-
-
nationa
11 018
19 680
-
-
municipal
2 212
3 953
-
-
total
13 230
23 633
-
-
Dividends
32 677
58 367
-
-
withholding
8 496
15 175
-
-
total
8 496
15 175
-
-
Income
82 000
82 000
82 000
82 000
Total tax
40 755
38 808
47 763
44 164
After tax
41 245
43 192
34 237
37 836
Living cost
17 063
17 063
17 063
17 063
Free-cash
24 182
26 129
17 174
20 773

Estimated living cost  is ₴17063 per week

₴11986
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.
₴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.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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