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
₴ 82500
per

Your estimated
City
free-cash

Dresden , Germany
₴28625
₴33363
₴29014
₴38871
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.

-
-
-
82 500
trade
-
-
-
9 857
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.

-
-
-
26 284
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.

-
-
-
1 446
total
-
-
-
40 513
Employee

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

16 382
-
82 500
-
health

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

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

2 926
-
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
-
1 446
-
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
-
26 284
-
total
3 409
-
30 656
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 118
82 500
-
-
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.

545
680
-
-
income
9 918
12 375
-
-
trade
10 414
12 994
-
-
chamber of commerce
160
184
-
-
total
21 037
26 233
-
-
Dividends
45 080
56 267
-
-
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.

611
765
-
-
withholding
11 107
13 904
-
-
total
11 718
14 669
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 164
40 902
30 656
40 513
After tax
46 336
41 598
51 844
41 987
Living cost
12 973
12 973
12 973
12 973
Free-cash
33 363
28 625
38 871
29 014

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
₴29837
₴29476
₴26335
₴26778
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
-
-
-
82 500
municipal
-
-
-
9 090
pensions
-
-
-
9 900
national
-
-
-
14 645
social contributions
-
-
-
887
total
-
-
-
34 522
Employee
33 550
-
71 321
-
municipal
4 144
-
9 409
-
pensions
1 342
-
2 853
-
national
6 422
-
15 344
-
total
11 908
-
27 606
-
Employer
33 550
-
71 321
-
social contributions
361
-
767
-
pensions
2 684
-
5 706
-
total
3 045
-
6 473
-
Corporate
43 691
82 500
-
-
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%.

8 738
16 500
-
-
total
8 738
16 500
-
-
Dividends
34 952
66 000
-
-
withholding
7 690
14 520
-
-
total
7 690
14 520
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 381
31 020
34 079
34 522
After tax
51 119
51 480
48 421
47 978
Living cost
21 643
21 643
21 643
21 643
Free-cash
29 476
29 837
26 778
26 335

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
₴57089
₴53575
₴20164
₴26229
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.

-
-
-
82 500
microenterprise
-
-
-
-
income
-
-
-
15 977
surtax
-
-
-
21 037
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
-
-
-
53 425
Employee
12 516
-
63 246
-
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
-
-
9 171
-
income
2 228
-
13 320
-
total
3 605
-
28 106
-
Employer
12 516
-
63 246
-
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
-
-
6 957
-
total
3 015
-
19 254
-
Corporate
66 970
82 500
-
-
income

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

13 394
16 500
-
-
total
13 394
16 500
-
-
Dividends

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

53 576
66 000
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
20 014
16 500
47 360
53 425
After tax
62 486
66 000
35 140
29 075
Living cost
8 911
8 911
8 911
8 911
Free-cash
53 575
57 089
26 229
20 164

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
₴23008
₴20384
₴27113
₴34367
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
-
-
-
82 500
income
-
-
-
27 144
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
37 444
Employee
36 577
36 577
74 540
-
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
11 931
-
pensions
6 584
5 018
5 018
-
total
18 185
15 780
22 231
-
Employer
36 577
36 577
74 540
-
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
39 967
39 518
-
-
income
7 993
7 904
-
-
total
7 993
7 904
-
-
Dividends
31 974
31 615
-
-
income
6 794
6 718
-
-
withholding
4 796
4 742
-
-
total
11 590
11 460
-
-
Income
82 500
82 500
82 500
82 500
Total tax
44 173
41 549
30 190
37 444
After tax
38 327
40 951
52 310
45 056
Living cost
17 943
17 943
17 943
17 943
Free-cash
20 384
23 008
34 367
27 113

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
₴28496
₴28125
₴25231
₴24829
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
-
-
-
82 500
municipal
-
-
-
21 468
accident
-
-
-
73
pensions
-
-
-
3 921
other
-
-
-
4 215
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
8 744
total
-
-
-
40 720
Employee
23 581
-
71 104
-
municipal
7 032
-
21 203
-
national
-
-
8 522
-
total
7 032
-
29 725
-
Employer
23 581
-
71 104
-
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
51 510
82 500
-
-
income
11 332
18 150
-
-
total
11 332
18 150
-
-
Dividends
40 178
64 350
-
-
withholding
12 053
19 305
-
-
total
12 053
19 305
-
-
Income
82 500
82 500
82 500
82 500
Total tax
37 826
37 455
41 122
40 720
After tax
44 674
45 045
41 378
41 780
Living cost
16 549
16 549
16 549
16 549
Free-cash
28 125
28 496
24 829
25 231

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
₴24348
₴30367
₴24723
₴35018
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.

-
-
-
82 500
trade
-
-
-
10 295
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.

-
-
-
26 284
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.

-
-
-
1 446
total
-
-
-
40 951
Employee

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

21 721
-
82 500
-
health

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

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

2 926
-
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
-
1 446
-
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
-
26 284
-
total
4 894
-
30 656
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 779
82 500
-
-
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.

502
680
-
-
income
9 117
12 375
-
-
trade
9 998
13 572
-
-
chamber of commerce
151
182
-
-
total
19 768
26 809
-
-
Dividends
41 012
55 691
-
-
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.

555
757
-
-
withholding
10 090
13 760
-
-
total
10 645
14 517
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 307
41 326
30 656
40 951
After tax
47 193
41 174
51 844
41 549
Living cost
16 826
16 826
16 826
16 826
Free-cash
30 367
24 348
35 018
24 723

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
₴46270
₴44493
₴42143
₴41438
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
-
-
-
82 500
income
-
-
-
17 431
health
-
-
-
2 104
social contributions
-
-
-
6 930
total
-
-
-
26 465
Employee
32 936
32 936
77 382
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 315
-
income
3 459
3 049
17 050
-
total
5 387
6 342
22 052
-
Employer
32 936
32 936
77 382
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 431
-
total
1 957
3 343
5 118
-
Corporate
61 264
46 221
-
-
income
7 658
5 777
-
-
total
7 658
5 777
-
-
Dividends
53 605
40 444
-
-
withholding
9 113
6 876
-
-
total
9 113
6 876
-
-
Income
82 500
82 500
82 500
82 500
Total tax
24 115
22 338
27 170
26 465
After tax
58 385
60 162
55 330
56 035
Living cost
13 892
13 892
13 892
13 892
Free-cash
44 493
46 270
41 438
42 143

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
₴38548
₴38710
₴49370
₴40043
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
-
-
-
82 500
income
-
-
-
10 086
pensions
-
-
-
8 250
unemployment
-
-
-
1 237
health
-
-
-
5 775
total
-
-
-
25 348
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
69 038
-
health
786
313
4 833
-
income
1 373
547
8 440
-
pensions
1 123
447
6 904
-
unemployment
169
67
1 036
-
total
3 451
1 374
21 213
-
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
69 038
-
pensions
2 191
872
13 462
-
total
2 191
872
13 462
-
Corporate
69 076
77 157
-
-
income
6 217
6 944
-
-
total
6 217
6 944
-
-
Dividends
62 859
70 213
-
-
social contributions
12 206
13 640
-
-
withholding
11 943
13 340
-
-
total
24 149
26 980
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 008
36 170
34 675
25 348
After tax
46 492
46 330
47 825
57 152
Living cost
7 782
7 782
7 782
7 782
Free-cash
38 710
38 548
40 043
49 370

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
₴55655
₴52995
₴33875
₴37208
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
-
-
-
82 500
income
-
-
-
11 055
pensions
-
-
-
16 500
health
-
-
-
10 725
total
-
-
-
38 280
Employee
12 151
-
61 659
-
income
1 368
-
11 887
-
pensions
243
-
1 233
-
unemployment
194
-
987
-
total
1 805
-
14 107
-
Employer
12 151
-
61 659
-
unemployment
98
-
493
-
pensions
2 430
-
12 331
-
health
1 579
-
8 016
-
total
4 107
-
20 840
-
Corporate
66 242
82 500
-
-
income
13 248
16 500
-
-
total
13 248
16 500
-
-
Dividends
52 994
66 000
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
19 160
16 500
34 947
38 280
After tax
63 340
66 000
47 553
44 220
Living cost
10 345
10 345
10 345
10 345
Free-cash
52 995
55 655
37 208
33 875

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
-₴2686
₴5246
₴47001
₴35708
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
-
-
-
82 500
accident
-
-
-
108
income
-
-
-
23 164
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
26 131
Employee
14 736
-
74 730
-
health
1 687
-
8 556
-
income
2 022
-
17 849
-
pensions
1 659
-
3 249
-
total
5 368
-
29 654
-
Employer
14 736
-
74 730
-
accident
246
-
1 248
-
unemployment
361
-
1 831
-
pensions
2 396
-
4 691
-
total
3 003
-
7 770
-
Corporate
64 761
82 500
-
-
income

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

58 285
74 250
-
-
total
58 285
74 250
-
-
Dividends
6 476
8 250
-
-
withholding
1 230
1 568
-
-
total
1 230
1 568
-
-
Income
82 500
82 500
82 500
82 500
Total tax
67 886
75 818
37 424
26 131
After tax
14 614
6 682
45 076
56 369
Living cost
9 368
9 368
9 368
9 368
Free-cash
5 246
-2 686
35 708
47 001

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
₴74521
₴73799
₴77821
₴62146
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%.

-
-
-
82 500
microenterprise

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

-
-
-
825
total
-
-
-
825
Employee
4 817
-
82 500
-
income
963
-
16 500
-
total
963
-
16 500
-
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%.

77 683
82 500
-
-
total
-
-
-
-
Dividends
77 683
82 500
-
-
withholding
3 884
4 125
-
-
total
3 884
4 125
-
-
Income
82 500
82 500
82 500
82 500
Total tax
4 847
4 125
16 500
825
After tax
77 653
78 375
66 000
81 675
Living cost
3 854
3 854
3 854
3 854
Free-cash
73 799
74 521
62 146
77 821

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
₴49200
₴46309
₴36080
₴35368
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
-
-
-
82 500
income
-
-
-
13 415
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
-
-
-
35 007
Employee
15 552
-
66 080
-
health
218
-
912
-
income
2 677
-
13 177
-
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
-
19 299
-
Employer
15 552
-
66 080
-
accident
124
-
528
-
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
-
16 420
-
Corporate
63 029
82 500
-
-
income
13 236
17 325
-
-
total
13 236
17 325
-
-
Dividends
49 793
65 175
-
-
withholding
3 485
4 562
-
-
total
3 485
4 562
-
-
Income
82 500
82 500
82 500
82 500
Total tax
24 778
21 887
35 719
35 007
After tax
57 722
60 613
46 781
47 493
Living cost
11 413
11 413
11 413
11 413
Free-cash
46 309
49 200
35 368
36 080

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
₴24527
₴27166
₴25454
₴18022
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
-
-
-
82 500
income
-
-
-
24 300
pensions
-
-
-
4 002
total
-
-
-
28 302
Employee
40 669
-
72 006
-
health
670
-
1 018
-
income
7 331
-
19 347
-
pensions
3 923
-
4 874
-
total
11 924
-
25 239
-
Employer
40 669
-
72 006
-
pensions
4 802
-
9 127
-
health
772
-
1 368
-
total
5 574
-
10 495
-
Corporate
36 257
82 500
-
-
income

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

6 889
15 675
-
-
total
6 889
15 675
-
-
Dividends
29 368
66 825
-
-
withholding
2 203
13 554
-
-
total
2 203
13 554
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 590
29 229
35 734
28 302
After tax
55 910
53 271
46 766
54 198
Living cost
28 744
28 744
28 744
28 744
Free-cash
27 166
24 527
18 022
25 454

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
₴64918
₴62928
₴60508
₴63819
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
-
-
-
82 500
income
-
-
-
12 375
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
-
-
-
16 373
Employee
7 440
-
79 563
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
7 956
-
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
-
10 124
-
Employer
7 440
-
79 563
-
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
73 600
82 500
-
-
income
7 360
8 250
-
-
total
7 360
8 250
-
-
Dividends
66 240
74 250
-
-
withholding
3 312
3 713
-
-
total
3 312
3 713
-
-
Income
82 500
82 500
82 500
82 500
Total tax
13 953
11 963
13 062
16 373
After tax
68 547
70 537
69 438
66 127
Living cost
5 619
5 619
5 619
5 619
Free-cash
62 928
64 918
63 819
60 508

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
₴17200
₴18277
₴21305
₴28559
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
-
-
-
82 500
income
-
-
-
27 144
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
37 444
Employee
39 710
36 577
74 540
-
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
11 931
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
22 231
-
Employer
39 710
36 577
74 540
-
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
35 837
39 518
-
-
income
7 167
7 904
-
-
total
7 167
7 904
-
-
Dividends
28 669
31 615
-
-
income
6 092
6 718
-
-
withholding
4 301
4 742
-
-
total
10 393
11 460
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 472
41 549
30 190
37 444
After tax
42 028
40 951
52 310
45 056
Living cost
23 751
23 751
23 751
23 751
Free-cash
18 277
17 200
28 559
21 305

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
₴46542
₴42881
₴37429
₴33960
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
-
-
-
82 500
income
-
-
-
8 490
health
-
-
-
11 137
solidarity contribution
-
-
-
423
social contributions
-
-
-
14 762
total
-
-
-
34 812
Employee
15 086
-
64 093
-
social contributions
981
-
3 286
-
health
2 037
-
8 653
-
solidarity contribution
-
-
112
-
income
1 810
-
7 823
-
total
4 828
-
19 874
-
Employer
15 086
-
64 093
-
social contributions
3 772
-
12 639
-
health
1 358
-
5 768
-
total
5 130
-
18 407
-
Corporate
62 284
82 500
-
-
income
11 834
15 675
-
-
total
11 834
15 675
-
-
Dividends
50 450
66 825
-
-
withholding
7 568
10 024
-
-
total
7 568
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 360
25 699
38 281
34 812
After tax
53 140
56 801
44 219
47 688
Living cost
10 259
10 259
10 259
10 259
Free-cash
42 881
46 542
33 960
37 429

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
₴25945
₴23707
₴20938
₴17217
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
-
-
-
82 500
municipal
-
-
-
490
regional
-
-
-
981
national
-
-
-
20 799
social contributions
-
-
-
21 219
total
-
-
-
43 489
Employee
38 066
-
82 500
-
social contributions
12 836
-
27 819
-
regional
359
-
867
-
municipal
202
-
437
-
national
6 596
-
18 087
-
total
19 993
-
47 210
-
Employer
38 066
-
82 500
-
total
-
-
-
-
Corporate
44 434
82 500
-
-
nationa
10 664
19 800
-
-
municipal
1 733
3 217
-
-
total
12 397
23 017
-
-
Dividends
32 037
59 483
-
-
withholding
8 330
15 465
-
-
total
8 330
15 465
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 720
38 482
47 210
43 489
After tax
41 780
44 018
35 290
39 011
Living cost
18 073
18 073
18 073
18 073
Free-cash
23 707
25 945
17 217
20 938

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
₴42441
₴41108
₴29495
₴26877
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
-
-
-
82 500
income
-
-
-
24 095
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
3 869
total
-
-
-
43 553
Employee
14 164
-
70 467
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
3 356
-
income
2 374
-
21 533
-
pensions
944
-
3 813
-
unemployment
986
-
3 979
-
total
4 712
-
34 138
-
Employer
14 164
-
70 467
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
65 354
82 500
-
-
income
16 992
21 450
-
-
total
16 992
21 450
-
-
Dividends
48 363
61 050
-
-
withholding
7 254
9 157
-
-
total
7 254
9 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 940
30 607
46 171
43 553
After tax
50 560
51 893
36 329
38 947
Living cost
9 452
9 452
9 452
9 452
Free-cash
41 108
42 441
26 877
29 495

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
₴33634
₴36474
₴34561
₴27129
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
-
-
-
82 500
income
-
-
-
24 300
pensions
-
-
-
4 002
total
-
-
-
28 302
Employee
27 255
-
72 006
-
health
396
-
1 018
-
income
4 909
-
19 347
-
pensions
2 313
-
4 874
-
total
7 618
-
25 239
-
Employer
27 255
-
72 006
-
pensions
2 950
-
9 127
-
health
518
-
1 368
-
total
3 468
-
10 495
-
Corporate
51 777
82 500
-
-
income

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

9 837
15 675
-
-
total
9 837
15 675
-
-
Dividends
41 939
66 825
-
-
withholding
5 466
13 554
-
-
total
5 466
13 554
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 389
29 229
35 734
28 302
After tax
56 111
53 271
46 766
54 198
Living cost
19 637
19 637
19 637
19 637
Free-cash
36 474
33 634
27 129
34 561

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
₴5354
₴19203
₴33780
₴30260
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
-
-
-
82 500
city
-
-
-
870
pensions
-
-
-
7 590
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.

-
-
-
1 650
regional
-
-
-
4 328
health
-
-
-
185
national
-
-
-
1 725
total
-
-
-
16 348
Employee
37 884
-
73 955
-
city
407
-
796
-
regional
1 241
-
3 772
-
health
86
-
166
-
pensions
3 183
-
6 086
-
unemployment
-
-
-
-
national
179
-
1 317
-
total
5 096
-
12 137
-
Employer
37 884
-
73 955
-
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
-
1 479
-
unemployment
-
-
-
-
pensions
3 183
-
6 086
-
health
86
-
166
-
total
4 026
-
7 731
-
Corporate
40 174
82 500
-
-
regional
8 496
17 448
-
-
national
3 415
7 012
-
-
total
11 911
24 460
-
-
Dividends
28 263
58 039
-
-
withholding
9 892
20 314
-
-
total
9 892
20 314
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 925
44 774
19 868
16 348
After tax
51 575
37 726
62 632
66 152
Living cost
32 372
32 372
32 372
32 372
Free-cash
19 203
5 354
30 260
33 780

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
₴21129
₴28074
₴21490
₴32223
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.

-
-
-
82 500
trade
-
-
-
10 733
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.

-
-
-
26 284
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.

-
-
-
1 446
total
-
-
-
41 389
Employee

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

25 741
-
82 500
-
health

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

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

2 926
-
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
-
1 446
-
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
-
26 284
-
total
6 120
-
30 656
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 759
82 500
-
-
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.

468
680
-
-
income
8 514
12 375
-
-
trade
9 734
14 149
-
-
chamber of commerce
145
181
-
-
total
18 861
27 385
-
-
Dividends
37 898
55 115
-
-
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.

512
749
-
-
withholding
9 312
13 616
-
-
total
9 824
14 365
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 805
41 750
30 656
41 389
After tax
47 695
40 750
51 844
41 111
Living cost
19 621
19 621
19 621
19 621
Free-cash
28 074
21 129
32 223
21 490

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
₴26927
₴29456
₴31692
₴29885
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
-
-
-
82 500
income
-
-
-
13 499
pensions
-
-
-
14 038
other
-
-
-
2 557
health
-
-
-
3 709
surtax
-
-
-
-
social contributions
-
-
-
2 351
total
-
-
-
36 154
Employee
18 331
-
63 532
-
social contributions
523
-
1 810
-
surtax
-
-
-
-
income
1 082
-
12 638
-
pensions
2 073
-
4 549
-
total
3 678
-
18 997
-
Employer
18 331
-
63 532
-
other
632
-
2 534
-
social contributions
55
-
190
-
unemployment
742
-
2 573
-
pensions
3 011
-
7 634
-
health
1 283
-
6 033
-
total
5 723
-
18 964
-
Corporate
58 444
82 500
-
-
surtax
-
-
-
-
income
16 364
23 100
-
-
total
16 364
23 100
-
-
Dividends
42 080
59 400
-
-
surtax
-
-
-
-
social contributions
7 238
10 216
-
-
withholding
5 387
7 603
-
-
total
12 625
17 819
-
-
Income
82 500
82 500
82 500
82 500
Total tax
38 390
40 919
37 961
36 154
After tax
44 110
41 581
44 539
46 346
Living cost
14 654
14 654
14 654
14 654
Free-cash
29 456
26 927
29 885
31 692

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
₴28379
₴30757
₴33144
₴31337
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
-
-
-
82 500
income
-
-
-
13 499
pensions
-
-
-
14 038
other
-
-
-
2 557
health
-
-
-
3 709
surtax
-
-
-
-
social contributions
-
-
-
2 351
total
-
-
-
36 154
Employee
16 363
-
63 532
-
social contributions
467
-
1 810
-
surtax
-
-
-
-
income
844
-
12 638
-
pensions
1 851
-
4 549
-
total
3 162
-
18 997
-
Employer
16 363
-
63 532
-
other
565
-
2 534
-
social contributions
49
-
190
-
unemployment
662
-
2 573
-
pensions
2 689
-
7 634
-
health
1 145
-
6 033
-
total
5 110
-
18 964
-
Corporate
61 027
82 500
-
-
surtax
-
-
-
-
income
17 088
23 100
-
-
total
17 088
23 100
-
-
Dividends
43 939
59 400
-
-
surtax
-
-
-
-
social contributions
7 557
10 216
-
-
withholding
5 624
7 603
-
-
total
13 181
17 819
-
-
Income
82 500
82 500
82 500
82 500
Total tax
38 541
40 919
37 961
36 154
After tax
43 959
41 581
44 539
46 346
Living cost
13 202
13 202
13 202
13 202
Free-cash
30 757
28 379
31 337
33 144

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
₴41250
₴41472
₴43899
₴41990
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
-
-
-
82 500
income
-
-
-
12 375
health
-
-
-
5 759
social contributions
-
-
-
11 385
total
-
-
-
29 519
Employee
14 522
-
82 500
-
social contributions
2 004
-
11 385
-
health
1 014
-
5 759
-
income
2 422
-
14 284
-
total
5 440
-
31 428
-
Employer
14 522
-
82 500
-
total
-
-
-
-
Corporate
67 978
82 500
-
-
income

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

3 399
4 125
-
-
total
3 399
4 125
-
-
Dividends
64 578
78 375
-
-
health
4 508
5 470
-
-
social contributions
8 912
10 816
-
-
withholding
9 687
11 757
-
-
total
23 107
28 043
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 946
32 168
31 428
29 519
After tax
50 554
50 332
51 072
52 981
Living cost
9 082
9 082
9 082
9 082
Free-cash
41 472
41 250
41 990
43 899

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
₴30487
₴29825
₴27270
₴6683
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
-
-
-
82 500
chamber of commerce
-
-
-
330
income
-
-
-
24 011
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
85
total
-
-
-
40 138
Employee
21 405
17 069
66 792
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
19 664
-
pensions
2 192
1 748
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 351
28 726
-
Employer
21 405
17 069
66 792
-
accident
278
222
650
-
other
1 017
810
3 030
-
chamber of commerce
85
68
267
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 143
6 280
-
payroll
642
512
2 004
-
health
809
645
1 891
-
total
6 244
4 997
15 708
-
Corporate
54 851
60 434
65 166
-
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.

13 713
15 109
16 291
-
total
13 713
15 109
16 291
-
Dividends
41 138
45 325
-
-
withholding
11 313
12 464
-
-
total
11 313
12 464
-
-
Income
82 500
82 500
82 500
82 500
Total tax
37 583
36 921
60 725
40 138
After tax
44 917
45 579
21 775
42 362
Living cost
15 092
15 092
15 092
15 092
Free-cash
29 825
30 487
6 683
27 270

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
₴30429
₴24084
₴20194
₴13037
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
-
-
-
82 500
national
-
-
-
31 700
communal

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

-
-
-
4 310
social contributions
-
-
-
10 679
total
-
-
-
46 689
Employee

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

30 638
-
63 899
-
communal

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

1 598
-
3 333
-
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
-
3 003
-
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
-
4 792
-
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
-
556
-
national
9 419
-
23 563
-
total
15 021
-
35 247
-
Employer

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

30 638
-
63 899
-
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
-
831
-
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
-
933
-
surtax
3 474
-
7 245
-
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
-
5 661
-
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
-
3 929
-
total
8 918
-
18 599
-
Corporate
42 944
82 500
-
-
surtax
172
332
-
-
income
8 589
16 610
-
-
total
8 761
16 942
-
-
Dividends
34 184
65 558
-
-
withholding

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

10 099
19 512
-
-
total
10 099
19 512
-
-
Income
82 500
82 500
82 500
82 500
Total tax
42 799
36 454
53 846
46 689
After tax
39 701
46 046
28 654
35 811
Living cost
15 617
15 617
15 617
15 617
Free-cash
24 084
30 429
13 037
20 194

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
₴39439
₴36504
₴30751
₴28955
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
-
-
-
82 500
accident
-
-
-
358
income
-
-
-
24 370
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 281
Employee
21 321
-
69 844
-
other
21
-
40
-
income
4 499
-
22 900
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 853
-
25 421
-
Employer
21 321
-
69 844
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
54 383
82 500
-
-
income

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

8 157
12 375
-
-
total
8 157
12 375
-
-
Dividends
46 226
70 125
-
-
withholding
9 722
15 218
-
-
total
9 722
15 218
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 528
27 593
38 077
36 281
After tax
51 972
54 907
44 423
46 219
Living cost
15 468
15 468
15 468
15 468
Free-cash
36 504
39 439
28 955
30 751

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
₴24465
₴18769
₴16722
₴20012
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
-
-
-
82 500
accident
-
-
-
696
income
-
-
-
14 339
pensions
-
-
-
12 366
health
-
-
-
5 796
surtax
-
-
-
4 090
communal
-
-
-
5 214
total
-
-
-
42 501
Employee
32 436
-
73 693
-
health
1 444
-
3 280
-
surtax
1 988
-
4 516
-
income
3 133
-
16 714
-
pensions
2 594
-
5 895
-
total
9 159
-
30 405
-
Employer
32 436
-
73 693
-
accident
292
-
663
-
pensions
2 594
-
5 895
-
health
989
-
2 248
-
total
3 875
-
8 806
-
Corporate
46 188
82 500
-
-
surtax
485
866
-
-
communal
3 118
5 569
-
-
income
6 928
12 375
-
-
total
10 531
18 810
-
-
Dividends
35 657
63 690
-
-
income
11 541
6 394
-
-
withholding
5 348
9 554
-
-
total
16 889
15 948
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 454
34 758
39 211
42 501
After tax
42 046
47 742
43 289
39 999
Living cost
23 277
23 277
23 277
23 277
Free-cash
18 769
24 465
20 012
16 722

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
₴42273
₴40910
₴29327
₴26709
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
-
-
-
82 500
income
-
-
-
24 095
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
3 869
total
-
-
-
43 553
Employee
14 424
-
70 467
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
3 356
-
income
2 418
-
21 533
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 979
-
total
4 803
-
34 138
-
Employer
14 424
-
70 467
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
65 039
82 500
-
-
income
16 911
21 450
-
-
total
16 911
21 450
-
-
Dividends
48 129
61 050
-
-
withholding
7 219
9 157
-
-
total
7 219
9 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 970
30 607
46 171
43 553
After tax
50 530
51 893
36 329
38 947
Living cost
9 620
9 620
9 620
9 620
Free-cash
40 910
42 273
26 709
29 327

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
₴31825
₴30875
₴27210
₴23509
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
-
-
-
82 500
municipal
-
-
-
490
regional
-
-
-
1 244
national
-
-
-
20 799
social contributions
-
-
-
21 219
total
-
-
-
43 752
Employee
23 759
-
82 500
-
social contributions
8 012
-
27 819
-
regional
320
-
1 110
-
municipal
126
-
437
-
national
3 764
-
18 087
-
total
12 222
-
47 453
-
Employer
23 759
-
82 500
-
total
-
-
-
-
Corporate
58 741
82 500
-
-
nationa
14 097
19 800
-
-
municipal
2 920
4 101
-
-
total
17 017
23 901
-
-
Dividends
41 724
58 599
-
-
withholding
10 848
15 236
-
-
total
10 848
15 236
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 087
39 137
47 453
43 752
After tax
42 413
43 363
35 047
38 748
Living cost
11 538
11 538
11 538
11 538
Free-cash
30 875
31 825
23 509
27 210

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
₴44160
₴39650
₴35047
₴31578
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
-
-
-
82 500
income
-
-
-
8 490
health
-
-
-
11 137
solidarity contribution
-
-
-
423
social contributions
-
-
-
14 762
total
-
-
-
34 812
Employee
18 590
-
64 093
-
social contributions
1 208
-
3 286
-
health
2 510
-
8 653
-
solidarity contribution
-
-
112
-
income
2 231
-
7 823
-
total
5 949
-
19 874
-
Employer
18 590
-
64 093
-
social contributions
4 648
-
12 639
-
health
1 673
-
5 768
-
total
6 321
-
18 407
-
Corporate
57 589
82 500
-
-
income
10 942
15 675
-
-
total
10 942
15 675
-
-
Dividends
46 647
66 825
-
-
withholding
6 997
10 024
-
-
total
6 997
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 209
25 699
38 281
34 812
After tax
52 291
56 801
44 219
47 688
Living cost
12 641
12 641
12 641
12 641
Free-cash
39 650
44 160
31 578
35 047

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
₴31960
₴31748
₴28782
₴8132
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
-
-
-
82 500
chamber of commerce
-
-
-
330
income
-
-
-
24 011
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
-
total
-
-
-
40 053
Employee
18 723
17 069
66 870
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
19 701
-
pensions
1 917
1 748
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 351
28 763
-
Employer
18 723
17 069
66 870
-
accident
243
222
650
-
other
889
810
3 033
-
chamber of commerce
75
68
267
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 143
6 280
-
payroll
562
512
2 006
-
health
708
645
1 891
-
total
5 389
4 912
15 628
-
Corporate
58 389
60 518
65 245
-
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.

14 597
15 130
16 312
-
total
14 597
15 130
16 312
-
Dividends
43 792
45 389
-
-
withholding
12 043
12 482
-
-
total
12 043
12 482
-
-
Income
82 500
82 500
82 500
82 500
Total tax
37 087
36 875
60 703
40 053
After tax
45 413
45 625
21 797
42 447
Living cost
13 665
13 665
13 665
13 665
Free-cash
31 748
31 960
8 132
28 782

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
₴72370
₴71244
₴75670
₴59995
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%.

-
-
-
82 500
microenterprise

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

-
-
-
825
total
-
-
-
825
Employee
7 506
-
82 500
-
income
1 501
-
16 500
-
total
1 501
-
16 500
-
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%.

74 994
82 500
-
-
total
-
-
-
-
Dividends
74 994
82 500
-
-
withholding
3 750
4 125
-
-
total
3 750
4 125
-
-
Income
82 500
82 500
82 500
82 500
Total tax
5 251
4 125
16 500
825
After tax
77 249
78 375
66 000
81 675
Living cost
6 005
6 005
6 005
6 005
Free-cash
71 244
72 370
59 995
75 670

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
₴45313
₴41732
₴28276
₴26262
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.

-
-
-
82 500
income
-
-
-
19 428
pensions
-
-
-
15 066
unemployment
-
-
-
124
health
-
-
-
8 118
total
-
-
-
42 736
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
-
71 385
-
health
1 223
-
4 612
-
income
3 266
-
17 859
-
pensions
2 936
-
11 065
-
unemployment
27
-
100
-
total
7 452
-
33 636
-
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
-
71 385
-
unemployment
11
-
43
-
pensions
1 676
-
6 317
-
health
1 261
-
4 754
-
total
2 948
-
11 114
-
Corporate
60 611
82 500
-
-
income
11 516
15 675
-
-
total
11 516
15 675
-
-
Dividends
49 095
66 825
-
-
withholding
7 364
10 024
-
-
total
7 364
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 280
25 699
44 750
42 736
After tax
53 220
56 801
37 750
39 764
Living cost
11 488
11 488
11 488
11 488
Free-cash
41 732
45 313
26 262
28 276

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
₴31695
₴11303
₴38516
₴58362
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
-
-
-
82 500
income
-
-
-
16 081
social contributions
-
-
-
9 405
total
-
-
-
25 486
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
18 579
82 500
-
-
income
4 087
18 150
-
-
total
4 087
18 150
-
-
Dividends
14 491
64 350
-
-
income
3 188
14 157
-
-
total
3 188
14 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
52 699
32 307
5 640
25 486
After tax
29 801
50 193
76 860
57 014
Living cost
18 498
18 498
18 498
18 498
Free-cash
11 303
31 695
58 362
38 516

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
₴33491
₴33059
₴30295
₴24039
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.

-
-
-
82 500
income
-
-
-
10 101
surtax
-
-
-
-
social contributions

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

-
-
-
28 669
total
-
-
-
38 770
Employee
19 699
-
66 666
-
social contributions
2 167
-
7 333
-
surtax
-
-
-
-
income
4 098
-
21 859
-
total
6 265
-
29 192
-
Employer
19 699
-
66 666
-
social contributions
4 679
-
15 834
-
total
4 679
-
15 834
-
Corporate
58 122
82 500
-
-
surtax
-
-
-
-
income
12 206
17 325
-
-
total
12 206
17 325
-
-
Dividends
45 916
65 175
-
-
withholding
12 856
18 249
-
-
total
12 856
18 249
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 006
35 574
45 026
38 770
After tax
46 494
46 926
37 474
43 730
Living cost
13 435
13 435
13 435
13 435
Free-cash
33 059
33 491
24 039
30 295

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
₴20894
₴23838
₴25659
₴23852
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
-
-
-
82 500
income
-
-
-
13 499
pensions
-
-
-
14 038
other
-
-
-
2 557
health
-
-
-
3 709
surtax
-
-
-
-
social contributions
-
-
-
2 351
total
-
-
-
36 154
Employee
26 826
-
63 532
-
social contributions
764
-
1 810
-
surtax
-
-
-
-
income
2 341
-
12 638
-
pensions
3 034
-
4 549
-
total
6 139
-
18 997
-
Employer
26 826
-
63 532
-
other
926
-
2 534
-
social contributions
80
-
190
-
unemployment
1 087
-
2 573
-
pensions
4 408
-
7 634
-
health
1 878
-
6 033
-
total
8 379
-
18 964
-
Corporate
47 295
82 500
-
-
surtax
-
-
-
-
income
13 242
23 100
-
-
total
13 242
23 100
-
-
Dividends
34 053
59 400
-
-
surtax
-
-
-
-
social contributions
5 856
10 216
-
-
withholding
4 359
7 603
-
-
total
10 215
17 819
-
-
Income
82 500
82 500
82 500
82 500
Total tax
37 975
40 919
37 961
36 154
After tax
44 525
41 581
44 539
46 346
Living cost
20 687
20 687
20 687
20 687
Free-cash
23 838
20 894
23 852
25 659

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
₴61375
₴59937
₴47641
₴49833
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
-
-
-
82 500
income
-
-
-
3 834
social contributions
-
-
-
18 150
total
-
-
-
21 984
Employee
13 770
-
71 429
-
income
-
-
4 078
-
social contributions
895
-
4 643
-
total
895
-
8 721
-
Employer
13 770
-
71 429
-
social contributions
2 134
-
11 071
-
total
2 134
-
11 071
-
Corporate
66 596
82 500
-
-
income
6 659
8 250
-
-
total
6 659
8 250
-
-
Dividends
59 936
74 250
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
9 688
8 250
19 792
21 984
After tax
72 812
74 250
62 708
60 516
Living cost
12 875
12 875
12 875
12 875
Free-cash
59 937
61 375
49 833
47 641

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
-₴10862
-₴10862
₴27614
-₴10862
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
-
-
-
82 500
municipal
-
-
-
17 394
pensions
-
-
-
371
national
-
-
-
9 914
labour market
-
-
-
6 570
total
-
-
-
34 249
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
82 500
82 500
82 500
82 500
Total tax
72 725
72 725
72 725
34 249
After tax
9 775
9 775
9 775
48 251
Living cost
20 637
20 637
20 637
20 637
Free-cash
-10 862
-10 862
-10 862
27 614

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
-₴2548
₴5266
₴47139
₴35846
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
-
-
-
82 500
accident
-
-
-
108
income
-
-
-
23 164
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
26 131
Employee
14 519
-
74 730
-
health
1 663
-
8 556
-
income
1 992
-
17 849
-
pensions
1 635
-
3 249
-
total
5 290
-
29 654
-
Employer
14 519
-
74 730
-
accident
242
-
1 248
-
unemployment
356
-
1 831
-
pensions
2 361
-
4 691
-
total
2 959
-
7 770
-
Corporate
65 022
82 500
-
-
income

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

58 520
74 250
-
-
total
58 520
74 250
-
-
Dividends
6 502
8 250
-
-
withholding
1 235
1 568
-
-
total
1 235
1 568
-
-
Income
82 500
82 500
82 500
82 500
Total tax
68 004
75 818
37 424
26 131
After tax
14 496
6 682
45 076
56 369
Living cost
9 230
9 230
9 230
9 230
Free-cash
5 266
-2 548
35 846
47 139

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
₴34814
₴36060
₴35743
₴26293
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

-
-
-
82 500
municipal
-
-
-
14 653
health
-
-
-
1 092
national
-
-
-
14 568
total
-
-
-
30 313
Employee
22 535
-
69 404
-
health
168
-
890
-
municipal
3 691
-
11 302
-
pensions
1 521
-
4 685
-
unemployment
338
-
1 041
-
national
372
-
8 749
-
total
6 090
-
26 667
-
Employer
22 535
-
69 404
-
accident
23
-
69
-
unemployment
146
-
451
-
pensions
3 910
-
12 042
-
health
173
-
534
-
total
4 252
-
13 096
-
Corporate
55 714
82 500
-
-
income
11 143
16 500
-
-
total
11 143
16 500
-
-
Dividends

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

33 428
49 500
-
-
national
2 494
5 832
-
-
municipal
6 017
8 910
-
-
total
8 511
14 742
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 996
31 242
39 763
30 313
After tax
52 504
51 258
42 737
52 187
Living cost
16 444
16 444
16 444
16 444
Free-cash
36 060
34 814
26 293
35 743

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
₴50245
₴47914
₴46118
₴45413
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
-
-
-
82 500
income
-
-
-
17 431
health
-
-
-
2 104
social contributions
-
-
-
6 930
total
-
-
-
26 465
Employee
32 936
32 936
77 382
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 315
-
income
3 586
3 049
17 050
-
total
5 086
6 342
22 052
-
Employer
32 936
32 936
77 382
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 431
-
total
1 522
3 343
5 118
-
Corporate
65 974
46 221
-
-
income
8 247
5 777
-
-
total
8 247
5 777
-
-
Dividends
57 727
40 444
-
-
withholding
9 814
6 876
-
-
total
9 814
6 876
-
-
Income
82 500
82 500
82 500
82 500
Total tax
24 669
22 338
27 170
26 465
After tax
57 831
60 162
55 330
56 035
Living cost
9 917
9 917
9 917
9 917
Free-cash
47 914
50 245
45 413
46 118

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
₴61518
₴59338
₴62961
₴54371
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
-
-
-
82 500
income
-
-
-
8 452
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
12 739
Employee

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

9 831
-
78 314
-
health
836
-
3 454
-
income
672
-
7 390
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
17 143
-
Employer

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

9 831
-
78 314
-
unemployment
49
-
203
-
pensions
541
-
2 235
-
health
423
-
1 748
-
total
1 013
-
4 186
-
Corporate
71 657
82 500
-
-
income
6 449
7 425
-
-
total
6 449
7 425
-
-
Dividends
65 208
75 075
-
-
withholding
5 869
6 757
-
-
total
5 869
6 757
-
-
Income
82 500
82 500
82 500
82 500
Total tax
16 362
14 182
21 329
12 739
After tax
66 138
68 318
61 171
69 761
Living cost
6 800
6 800
6 800
6 800
Free-cash
59 338
61 518
54 371
62 961

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
₴43129
₴41237
₴34441
₴32645
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
-
-
-
82 500
accident
-
-
-
358
income
-
-
-
24 370
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 281
Employee
15 837
-
69 844
-
other
15
-
40
-
income
3 053
-
22 900
-
pensions
745
-
1 866
-
unemployment
245
-
615
-
total
4 058
-
25 421
-
Employer
15 837
-
69 844
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
61 613
82 500
-
-
income

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

9 242
12 375
-
-
total
9 242
12 375
-
-
Dividends
52 372
70 125
-
-
withholding
11 136
15 218
-
-
total
11 136
15 218
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 485
27 593
38 077
36 281
After tax
53 015
54 907
44 423
46 219
Living cost
11 778
11 778
11 778
11 778
Free-cash
41 237
43 129
32 645
34 441

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
₴50310
₴50117
₴51768
₴51686
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
-
-
-
82 500
income
-
-
-
28 090
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
29 562
Employee
1 782
-
81 540
-
health
89
-
213
-
income
345
-
28 045
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
28 685
-
Employer
1 782
-
81 540
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
80 317
82 500
-
-
income
17 670
18 150
-
-
total
17 670
18 150
-
-
Dividends
62 648
64 350
-
-
withholding
12 530
12 870
-
-
total
12 530
12 870
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 213
31 020
29 644
29 562
After tax
51 287
51 480
52 856
52 938
Living cost
1 170
1 170
1 170
1 170
Free-cash
50 117
50 310
51 686
51 768

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
₴52198
₴50090
₴44290
₴44291
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.

-
-
-
82 500
income
-
-
-
18 836
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
30 802
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

11 170
-
76 834
-
health
575
-
1 630
-
income
1 540
-
18 836
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
25 135
-
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
-
76 834
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
69 330
82 500
-
-
income
10 400
12 375
-
-
total
10 400
12 375
-
-
Dividends
58 931
70 125
-
-
withholding
8 840
10 519
-
-
total
8 840
10 519
-
-
Income
82 500
82 500
82 500
82 500
Total tax
25 002
22 894
30 801
30 802
After tax
57 498
59 606
51 699
51 698
Living cost
7 408
7 408
7 408
7 408
Free-cash
50 090
52 198
44 291
44 290

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
₴35379
₴35225
₴32183
₴25927
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.

-
-
-
82 500
income
-
-
-
10 101
surtax
-
-
-
-
social contributions

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

-
-
-
28 669
total
-
-
-
38 770
Employee
16 624
-
66 666
-
social contributions
1 829
-
7 333
-
surtax
-
-
-
-
income
3 248
-
21 859
-
total
5 077
-
29 192
-
Employer
16 624
-
66 666
-
social contributions
3 948
-
15 834
-
total
3 948
-
15 834
-
Corporate
61 928
82 500
-
-
surtax
-
-
-
-
income
13 005
17 325
-
-
total
13 005
17 325
-
-
Dividends
48 923
65 175
-
-
withholding
13 698
18 249
-
-
total
13 698
18 249
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 728
35 574
45 026
38 770
After tax
46 772
46 926
37 474
43 730
Living cost
11 547
11 547
11 547
11 547
Free-cash
35 225
35 379
25 927
32 183

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
₴39854
₴37050
₴31166
₴29370
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
-
-
-
82 500
accident
-
-
-
358
income
-
-
-
24 370
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
36 281
Employee
20 686
-
69 844
-
other
20
-
40
-
income
4 321
-
22 900
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 633
-
25 421
-
Employer
20 686
-
69 844
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 882
-
9 369
-
total
6 596
-
12 656
-
Corporate
55 219
82 500
-
-
income

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

8 283
12 375
-
-
total
8 283
12 375
-
-
Dividends
46 937
70 125
-
-
withholding
9 885
15 218
-
-
total
9 885
15 218
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 397
27 593
38 077
36 281
After tax
52 103
54 907
44 423
46 219
Living cost
15 053
15 053
15 053
15 053
Free-cash
37 050
39 854
29 370
31 166

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
₴63165
₴60554
₴58755
₴62066
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
-
-
-
82 500
income
-
-
-
12 375
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
-
-
-
16 373
Employee
9 762
-
79 563
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
7 956
-
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
-
10 124
-
Employer
9 762
-
79 563
-
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
70 822
82 500
-
-
income
7 082
8 250
-
-
total
7 082
8 250
-
-
Dividends
63 740
74 250
-
-
withholding
3 187
3 713
-
-
total
3 187
3 713
-
-
Income
82 500
82 500
82 500
82 500
Total tax
14 574
11 963
13 062
16 373
After tax
67 926
70 537
69 438
66 127
Living cost
7 372
7 372
7 372
7 372
Free-cash
60 554
63 165
62 066
58 755

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
₴25911
₴31515
₴26327
₴35308
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.

-
-
-
82 500
trade
-
-
-
8 981
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.

-
-
-
26 284
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.

-
-
-
1 446
total
-
-
-
39 637
Employee

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

21 311
-
82 500
-
health

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

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

2 926
-
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
-
1 446
-
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
-
26 284
-
total
4 775
-
30 656
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 189
82 500
-
-
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.

505
680
-
-
income
9 178
12 375
-
-
trade
8 781
11 839
-
-
chamber of commerce
154
186
-
-
total
18 618
25 080
-
-
Dividends
42 570
57 420
-
-
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.

576
780
-
-
withholding
10 480
14 193
-
-
total
11 056
14 973
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 449
40 053
30 656
39 637
After tax
48 051
42 447
51 844
42 863
Living cost
16 536
16 536
16 536
16 536
Free-cash
31 515
25 911
35 308
26 327

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
₴33352
₴34297
₴18252
₴18252
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
-
-
-
82 500
income
-
-
-
25 921
social contributions
-
-
-
13 928
total
-
-
-
39 849
Employee
33 504
-
82 500
-
income
6 322
-
25 921
-
social contributions
2 783
-
13 928
-
total
9 105
-
39 849
-
Employer
33 504
-
82 500
-
total
-
-
-
-
Corporate
48 996
82 500
-
-
income
6 125
10 312
-
-
total
6 125
10 312
-
-
Dividends
42 872
72 188
-
-
withholding
8 574
14 437
-
-
total
8 574
14 437
-
-
Income
82 500
82 500
82 500
82 500
Total tax
23 804
24 749
39 849
39 849
After tax
58 696
57 751
42 651
42 651
Living cost
24 399
24 399
24 399
24 399
Free-cash
34 297
33 352
18 252
18 252

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
₴35814
₴37310
₴51716
₴42681
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.

-
-
-
82 500
income
-
-
-
12 375
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
-
-
-
15 236
Employee
19 649
-
80 530
-
income
2 132
-
20 331
-
social contributions
1 969
-
1 970
-
total
4 101
-
22 301
-
Employer
19 649
-
80 530
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
60 883
82 500
-
-
income
21 309
28 875
-
-
total
21 309
28 875
-
-
Dividends
39 574
53 625
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 642
31 138
24 271
15 236
After tax
52 858
51 362
58 229
67 264
Living cost
15 548
15 548
15 548
15 548
Free-cash
37 310
35 814
42 681
51 716

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
₴37306
₴39851
₴38233
₴30801
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
-
-
-
82 500
income
-
-
-
24 300
pensions
-
-
-
4 002
total
-
-
-
28 302
Employee
21 914
-
72 006
-
health
286
-
1 018
-
income
3 991
-
19 347
-
pensions
1 673
-
4 874
-
total
5 950
-
25 239
-
Employer
21 914
-
72 006
-
pensions
2 214
-
9 127
-
health
416
-
1 368
-
total
2 630
-
10 495
-
Corporate
57 956
82 500
-
-
income

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

11 011
15 675
-
-
total
11 011
15 675
-
-
Dividends
46 945
66 825
-
-
withholding
7 093
13 554
-
-
total
7 093
13 554
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 684
29 229
35 734
28 302
After tax
55 816
53 271
46 766
54 198
Living cost
15 965
15 965
15 965
15 965
Free-cash
39 851
37 306
30 801
38 233

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
-₴3461
₴5127
₴46226
₴34933
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
-
-
-
82 500
accident
-
-
-
108
income
-
-
-
23 164
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
26 131
Employee
15 956
-
74 730
-
health
1 827
-
8 556
-
income
2 189
-
17 849
-
pensions
1 797
-
3 249
-
total
5 813
-
29 654
-
Employer
15 956
-
74 730
-
accident
266
-
1 248
-
unemployment
391
-
1 831
-
pensions
2 594
-
4 691
-
total
3 251
-
7 770
-
Corporate
63 292
82 500
-
-
income

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

56 963
74 250
-
-
total
56 963
74 250
-
-
Dividends
6 329
8 250
-
-
withholding
1 203
1 568
-
-
total
1 203
1 568
-
-
Income
82 500
82 500
82 500
82 500
Total tax
67 230
75 818
37 424
26 131
After tax
15 270
6 682
45 076
56 369
Living cost
10 143
10 143
10 143
10 143
Free-cash
5 127
-3 461
34 933
46 226

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
₴57327
₴61635
₴44170
₴53588
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.

-
-
-
82 500
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
13 709
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
32 545
Employee

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

9 257
-
82 500
-
work injury
46
-
171
-
income
926
-
13 709
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
23 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 243
82 500
-
-
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%.

732
8 250
-
-
total
732
8 250
-
-
Dividends
72 511
74 250
-
-
withholding
10 877
11 138
-
-
total
10 877
11 138
-
-
Income
82 500
82 500
82 500
82 500
Total tax
15 080
19 388
23 127
32 545
After tax
67 420
63 112
59 373
49 955
Living cost
5 785
5 785
5 785
5 785
Free-cash
61 635
57 327
53 588
44 170

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
₴26393
₴24445
₴20969
₴17355
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
-
-
-
82 500
municipal
-
-
-
552
regional
-
-
-
1 898
national
-
-
-
20 799
social contributions
-
-
-
21 219
total
-
-
-
44 468
Employee
36 093
-
82 500
-
social contributions
12 170
-
27 819
-
regional
545
-
1 684
-
municipal
215
-
492
-
national
6 099
-
18 087
-
total
19 029
-
48 082
-
Employer
36 093
-
82 500
-
total
-
-
-
-
Corporate
46 407
82 500
-
-
nationa
11 138
19 800
-
-
municipal
2 237
3 976
-
-
total
13 375
23 776
-
-
Dividends
33 032
58 724
-
-
withholding
8 588
15 268
-
-
total
8 588
15 268
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 992
39 044
48 082
44 468
After tax
41 508
43 456
34 418
38 032
Living cost
17 063
17 063
17 063
17 063
Free-cash
24 445
26 393
17 355
20 969

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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