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
₴ 83500
per

Your estimated
City
free-cash

Valencia , Spain
₴45587
₴36882
₴38159
₴46931
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
-
-
-
83 500
unemployment
-
-
-
197
income
-
-
-
28 514
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
36 974
Employee
11 251
-
74 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
27 469
-
other
11
-
28
-
total
2 883
-
29 260
-
Employer
11 251
-
74 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
68 662
83 500
-
-
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.

10 299
12 525
-
-
total
10 299
12 525
-
-
Dividends
58 363
70 975
-
-
withholding
12 777
15 677
-
-
total
12 777
15 677
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 546
28 202
38 251
36 974
After tax
53 954
55 298
45 249
46 526
Living cost
8 367
8 367
8 367
8 367
Free-cash
45 587
46 931
36 882
38 159

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Bratislava , Slovakia
₴51186
₴43644
₴44300
₴53239
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
-
-
-
83 500
pensions

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

-
-
-
11 105
income
-
-
-
15 753
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
31 092
Employee
11 048
-
71 637
-
health
155
-
648
-
unemployment
110
-
463
-
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.

773
-
3 239
-
income
1 902
-
15 535
-
total
2 940
-
19 885
-
Employer
11 048
-
71 637
-
health
155
-
648
-
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.

1 878
-
7 866
-
accident
88
-
573
-
unemployment
110
-
463
-
other
553
-
2 313
-
total
2 784
-
11 863
-
Corporate
69 668
83 500
-
-
income
14 630
17 535
-
-
total
14 630
17 535
-
-
Dividends
55 038
65 965
-
-
withholding
3 852
4 618
-
-
total
3 852
4 618
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 206
22 153
31 748
31 092
After tax
59 294
61 347
51 752
52 408
Living cost
8 108
8 108
8 108
8 108
Free-cash
51 186
53 239
43 644
44 300

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴65993
₴67748
₴64152
₴67406
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
-
-
-
83 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
12 525
health
-
-
-
1 222
total
-
-
-
15 361
Employee
5 280
-
81 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
8 141
-
total
1 293
-
9 680
-
Employer
5 280
-
81 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
77 184
83 500
-
-
income
7 718
8 350
-
-
total
7 718
8 350
-
-
Dividends
69 466
75 150
-
-
withholding
3 473
3 757
-
-
total
3 473
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
13 520
12 107
11 765
15 361
After tax
69 980
71 393
71 735
68 139
Living cost
3 987
3 987
3 987
3 987
Free-cash
65 993
67 406
67 748
64 152

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
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.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴33471
₴30577
₴33978
₴31674
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
-
-
-
83 500
income
-
-
-
17 641
other
-
-
-
2 589
health
-
-
-
4 464
social contributions
-
-
-
2 379
pensions
-
-
-
12 039
surtax
-
-
-
-
total
-
-
-
39 112
Employee
13 022
-
63 034
-
pensions
1 472
-
5 043
-
income
769
-
15 208
-
social contributions
371
-
1 796
-
surtax
-
-
-
-
total
2 612
-
22 047
-
Employer
13 022
-
63 034
-
health
912
-
6 613
-
social contributions
39
-
189
-
pensions
2 139
-
8 371
-
unemployment
527
-
2 553
-
other
449
-
2 740
-
total
4 066
-
20 466
-
Corporate
66 411
83 500
-
-
income
18 595
23 380
-
-
surtax
-
-
-
-
total
18 595
23 380
-
-
Dividends
47 816
60 120
-
-
social contributions
8 225
10 341
-
-
surtax
-
-
-
-
withholding
6 121
7 695
-
-
total
14 346
18 036
-
-
Income
83 500
83 500
83 500
83 500
Total tax
39 619
41 416
42 513
39 112
After tax
43 881
42 084
40 987
44 388
Living cost
10 410
10 410
10 410
10 410
Free-cash
33 471
31 674
30 577
33 978

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴27178
₴40630
₴31272
₴29042
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
-
-
-
83 500
pensions
-
-
-
3 565
income
-
-
-
32 165
health
-
-
-
3 752
total
-
-
-
39 482
Employee
25 983
25 983
77 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
17 153
-
total
12 918
11 210
24 470
-
Employer
25 983
25 983
77 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
53 285
52 967
-
-
income
10 657
10 593
-
-
total
10 657
10 593
-
-
Dividends
42 628
42 373
-
-
income
9 058
9 004
-
-
withholding
6 394
6 356
-
-
total
15 452
15 360
-
-
Income
83 500
83 500
83 500
83 500
Total tax
43 576
41 712
30 124
39 482
After tax
39 924
41 788
53 376
44 018
Living cost
12 746
12 746
12 746
12 746
Free-cash
27 178
29 042
40 630
31 272

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Dresden , Germany
₴36215
₴41476
₴30553
₴32850
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.

-
-
-
83 500
trade
-
-
-
10 923
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.

-
-
-
29 127
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.

-
-
-
2 079
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.

-
-
-
1 602
total
-
-
-
43 731
Employee

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

11 638
-
83 500
-
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.

2 079
-
2 079
-
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.

325
-
29 127
-
surtax

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

18
-
1 602
-
total
2 422
-
32 808
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 862
83 500
-
-
income
10 779
12 525
-
-
trade
11 318
13 151
-
-
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.

593
689
-
-
chamber of commerce
150
166
-
-
total
22 840
26 531
-
-
Dividends
49 022
56 969
-
-
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.

667
777
-
-
withholding
12 140
14 126
-
-
total
12 807
14 903
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 069
41 434
32 808
43 731
After tax
45 431
42 066
50 692
39 769
Living cost
9 216
9 216
9 216
9 216
Free-cash
36 215
32 850
41 476
30 553

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴52114
₴47877
₴48530
₴53771
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
-
-
-
83 500
income
-
-
-
20 873
health
-
-
-
2 129
social contributions
-
-
-
4 923
total
-
-
-
27 925
Employee
23 397
23 397
79 412
-
health
181
398
1 350
-
income
2 548
2 166
20 521
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
24 490
-
Employer
23 397
23 397
79 412
-
health
197
433
1 469
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
4 088
-
Corporate
71 760
57 728
-
-
income
8 970
7 216
-
-
total
8 970
7 216
-
-
Dividends
62 790
50 512
-
-
withholding
10 675
8 587
-
-
total
10 675
8 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 341
22 684
28 578
27 925
After tax
59 159
60 816
54 922
55 575
Living cost
7 045
7 045
7 045
7 045
Free-cash
52 114
53 771
47 877
48 530

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴37644
₴26174
₴33255
₴37951
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.

-
-
-
83 500
income
-
-
-
11 685
social contributions

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

-
-
-
29 016
surtax
-
-
-
-
total
-
-
-
40 701
Employee
13 994
-
67 475
-
income
2 911
-
23 989
-
social contributions
1 539
-
7 422
-
surtax
-
-
346
-
total
4 450
-
31 757
-
Employer
13 994
-
67 475
-
social contributions
3 324
-
16 025
-
total
3 324
-
16 025
-
Corporate
66 182
83 500
-
-
income
13 898
17 535
-
-
surtax
-
-
-
-
total
13 898
17 535
-
-
Dividends
52 284
65 965
-
-
withholding
14 640
18 470
-
-
total
14 640
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 312
36 005
47 782
40 701
After tax
47 188
47 495
35 718
42 799
Living cost
9 544
9 544
9 544
9 544
Free-cash
37 644
37 951
26 174
33 255

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴76525
₴64442
₴80307
₴76967
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%.

-
-
-
83 500
microenterprise

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

-
-
-
835
total
-
-
-
835
Employee
2 948
-
83 500
-
income
589
-
16 700
-
total
589
-
16 700
-
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%.

80 552
83 500
-
-
total
-
-
-
-
Dividends
80 552
83 500
-
-
withholding
4 028
4 175
-
-
total
4 028
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
4 617
4 175
16 700
835
After tax
78 883
79 325
66 800
82 665
Living cost
2 358
2 358
2 358
2 358
Free-cash
76 525
76 967
64 442
80 307

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴46784
₴27204
₴29017
₴49329
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.

-
-
-
83 500
pensions
-
-
-
15 249
unemployment
-
-
-
125
income
-
-
-
22 731
health
-
-
-
8 217
total
-
-
-
46 322
Employee

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

13 455
-
72 251
-
health
869
-
4 667
-
unemployment
19
-
101
-
pensions
2 086
-
11 199
-
income
2 320
-
20 919
-
total
5 294
-
36 886
-
Employer

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

13 455
-
72 251
-
health
896
-
4 812
-
pensions
1 191
-
6 394
-
unemployment
8
-
43
-
total
2 095
-
11 249
-
Corporate
67 950
83 500
-
-
income
12 910
15 865
-
-
total
12 910
15 865
-
-
Dividends
55 040
67 635
-
-
withholding
8 256
10 145
-
-
total
8 256
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 555
26 010
48 135
46 322
After tax
54 945
57 490
35 365
37 178
Living cost
8 161
8 161
8 161
8 161
Free-cash
46 784
49 329
27 204
29 017

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴42686
₴46500
₴58006
₴41622
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.

-
-
-
83 500
income
-
-
-
12 525
health

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

-
-
-
1 924
total
-
-
-
14 449
Employee
13 958
-
82 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
23 155
-
total
2 913
-
24 555
-
Employer
13 958
-
82 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
68 143
83 500
-
-
income
23 850
29 225
-
-
total
23 850
29 225
-
-
Dividends
44 293
54 275
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 769
30 833
25 955
14 449
After tax
53 731
52 667
57 545
69 051
Living cost
11 045
11 045
11 045
11 045
Free-cash
42 686
41 622
46 500
58 006

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴44648
₴24152
₴47172
₴44490
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
-
-
-
83 500
income
-
-
-
12 525
health
-
-
-
5 828
social contributions
-
-
-
11 523
total
-
-
-
29 876
Employee
10 317
-
83 500
-
health
720
-
5 828
-
income
1 721
-
35 545
-
social contributions
1 424
-
11 523
-
total
3 865
-
52 896
-
Employer
10 317
-
83 500
-
total
-
-
-
-
Corporate
73 183
83 500
-
-
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%.

3 659
4 175
-
-
total
3 659
4 175
-
-
Dividends
69 524
79 325
-
-
social contributions
9 594
10 947
-
-
withholding
10 429
11 899
-
-
health
4 853
5 537
-
-
total
24 876
28 383
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 400
32 558
52 896
29 876
After tax
51 100
50 942
30 604
53 624
Living cost
6 452
6 452
6 452
6 452
Free-cash
44 648
44 490
24 152
47 172

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴45935
₴38556
₴42447
₴48973
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
-
-
-
83 500
income
-
-
-
9 342
health
-
-
-
11 272
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
1 976
total
-
-
-
32 536
Employee
12 525
-
68 793
-
health
1 691
-
9 287
-
solidarity contribution
-
-
1 626
-
income
1 503
-
8 594
-
social contributions
814
-
2 214
-
total
4 008
-
21 721
-
Employer
12 525
-
68 793
-
health
1 127
-
6 191
-
social contributions
3 131
-
8 515
-
total
4 258
-
14 706
-
Corporate
66 716
83 500
-
-
income
12 676
15 865
-
-
total
12 676
15 865
-
-
Dividends
54 040
67 635
-
-
withholding
8 106
10 145
-
-
total
8 106
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 048
26 010
36 427
32 536
After tax
54 452
57 490
47 073
50 964
Living cost
8 517
8 517
8 517
8 517
Free-cash
45 935
48 973
38 556
42 447

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴74961
₴63125
₴78990
₴75650
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%.

-
-
-
83 500
microenterprise

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

-
-
-
835
total
-
-
-
835
Employee
4 594
-
83 500
-
income
919
-
16 700
-
total
919
-
16 700
-
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%.

78 906
83 500
-
-
total
-
-
-
-
Dividends
78 906
83 500
-
-
withholding
3 945
4 175
-
-
total
3 945
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
4 864
4 175
16 700
835
After tax
78 636
79 325
66 800
82 665
Living cost
3 675
3 675
3 675
3 675
Free-cash
74 961
75 650
63 125
78 990

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴29478
₴26291
₴29692
₴27388
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
-
-
-
83 500
income
-
-
-
17 641
other
-
-
-
2 589
health
-
-
-
4 464
social contributions
-
-
-
2 379
pensions
-
-
-
12 039
surtax
-
-
-
-
total
-
-
-
39 112
Employee
19 057
-
63 034
-
pensions
2 155
-
5 043
-
income
1 663
-
15 208
-
social contributions
543
-
1 796
-
surtax
-
-
-
-
total
4 361
-
22 047
-
Employer
19 057
-
63 034
-
health
1 334
-
6 613
-
social contributions
57
-
189
-
pensions
3 131
-
8 371
-
unemployment
772
-
2 553
-
other
658
-
2 740
-
total
5 952
-
20 466
-
Corporate
58 491
83 500
-
-
income
16 378
23 380
-
-
surtax
-
-
-
-
total
16 378
23 380
-
-
Dividends
42 113
60 120
-
-
social contributions
7 244
10 341
-
-
surtax
-
-
-
-
withholding
5 391
7 695
-
-
total
12 635
18 036
-
-
Income
83 500
83 500
83 500
83 500
Total tax
39 326
41 416
42 513
39 112
After tax
44 174
42 084
40 987
44 388
Living cost
14 696
14 696
14 696
14 696
Free-cash
29 478
27 388
26 291
29 692

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴53592
₴50171
₴50172
₴55083
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.

-
-
-
83 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
19 608
health
-
-
-
2 309
total
-
-
-
28 082
Employee

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

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

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

7 911
-
79 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
19 608
-
total
2 664
-
24 070
-
Employer

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

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

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

7 911
-
79 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
74 173
83 500
-
-
income
11 126
12 525
-
-
total
11 126
12 525
-
-
Dividends
63 047
70 975
-
-
withholding
9 457
10 646
-
-
total
9 457
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 662
23 171
28 083
28 082
After tax
58 838
60 329
55 417
55 418
Living cost
5 246
5 246
5 246
5 246
Free-cash
53 592
55 083
50 171
50 172

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴26345
₴41703
₴43687
₴17493
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
-
-
-
83 500
pensions
-
-
-
7 682
city
-
-
-
881
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.

-
-
-
1 575
health
-
-
-
188
regional
-
-
-
5 417
national
-
-
-
3 381
total
-
-
-
19 124
Employee
24 212
-
75 701
-
health
55
-
171
-
unemployment
-
-
-
-
city
260
-
826
-
pensions
2 034
-
5 282
-
regional
793
-
4 944
-
national
115
-
2 918
-
total
3 257
-
14 141
-
Employer
24 212
-
75 701
-
health
55
-
171
-
pensions
2 034
-
5 282
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

484
-
1 514
-
total
2 573
-
6 967
-
Corporate
56 449
83 500
-
-
regional
11 939
17 660
-
-
national
4 798
7 098
-
-
total
16 737
24 758
-
-
Dividends
39 712
58 742
-
-
withholding
13 899
20 560
-
-
total
13 899
20 560
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 466
45 318
21 108
19 124
After tax
47 034
38 182
62 392
64 376
Living cost
20 689
20 689
20 689
20 689
Free-cash
26 345
17 493
41 703
43 687

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴39724
₴28265
₴37829
₴38167
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

-
-
-
83 500
municipal
-
-
-
14 822
health
-
-
-
1 159
national
-
-
-
18 008
total
-
-
-
33 989
Employee
16 008
-
70 244
-
health
120
-
955
-
unemployment
240
-
1 054
-
pensions
1 080
-
4 742
-
national
264
-
12 118
-
municipal
2 622
-
11 429
-
total
4 326
-
30 298
-
Employer
16 008
-
70 244
-
health
123
-
541
-
pensions
2 777
-
12 187
-
accident
16
-
70
-
unemployment
104
-
457
-
total
3 020
-
13 255
-
Corporate
64 471
83 500
-
-
income
12 894
16 700
-
-
total
12 894
16 700
-
-
Dividends

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

38 683
50 100
-
-
municipal
6 963
9 018
-
-
national
4 891
7 933
-
-
total
11 854
16 951
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 094
33 651
43 553
33 989
After tax
51 406
49 849
39 947
49 511
Living cost
11 682
11 682
11 682
11 682
Free-cash
39 724
38 167
28 265
37 829

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴30979
₴16637
₴25299
₴33887
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
-
-
-
83 500
communal

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

-
-
-
4 555
social contributions
-
-
-
7 586
national
-
-
-
34 966
total
-
-
-
47 107
Employee

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

21 765
-
64 674
-
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.

1 023
-
3 039
-
communal

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

1 135
-
3 373
-
unemployment

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

189
-
562
-
pensions

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

1 632
-
4 850
-
national
6 691
-
25 119
-
total
10 670
-
36 943
-
Employer

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

21 765
-
64 674
-
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.

1 338
-
3 977
-
pensions

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

1 929
-
5 730
-
surtax
2 468
-
7 334
-
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.

283
-
841
-
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.

318
-
944
-
total
6 336
-
18 826
-
Corporate
55 400
83 500
-
-
income
11 080
19 018
-
-
surtax
222
381
-
-
total
11 302
19 399
-
-
Dividends
44 098
64 101
-
-
withholding

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

13 119
19 120
-
-
total
13 119
19 120
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 427
38 519
55 769
47 107
After tax
42 073
44 981
27 731
36 393
Living cost
11 094
11 094
11 094
11 094
Free-cash
30 979
33 887
16 637
25 299

Estimated living cost  is ₴11094 per week

₴7146
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.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴32089
₴27796
₴28116
₴32386
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
-
-
-
83 500
unemployment
-
-
-
29
municipal
-
-
-
22 400
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
11 394
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
42 179
Employee
18 816
-
74 407
-
national
-
-
11 217
-
municipal
5 611
-
22 188
-
total
5 611
-
33 405
-
Employer
18 816
-
74 407
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
58 772
83 500
-
-
income
12 930
18 370
-
-
total
12 930
18 370
-
-
Dividends
45 842
65 130
-
-
withholding
13 753
19 539
-
-
total
13 753
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 206
37 909
42 499
42 179
After tax
45 294
45 591
41 001
41 321
Living cost
13 205
13 205
13 205
13 205
Free-cash
32 089
32 386
27 796
28 116

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
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.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴19885
₴64311
₴42999
₴36095
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
-
-
-
83 500
income
-
-
-
16 276
social contributions
-
-
-
9 519
total
-
-
-
25 795
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
32 683
83 500
-
-
income
7 190
18 370
-
-
total
7 190
18 370
-
-
Dividends
25 493
65 130
-
-
income
5 608
14 329
-
-
total
5 608
14 329
-
-
Income
83 500
83 500
83 500
83 500
Total tax
48 909
32 699
4 483
25 795
After tax
34 591
50 801
79 017
57 705
Living cost
14 706
14 706
14 706
14 706
Free-cash
19 885
36 095
64 311
42 999

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴49685
₴45053
₴45706
₴50947
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
-
-
-
83 500
income
-
-
-
20 873
health
-
-
-
2 129
social contributions
-
-
-
4 923
total
-
-
-
27 925
Employee
23 397
23 397
79 412
-
health
233
398
1 350
-
income
2 457
2 166
20 521
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
24 490
-
Employer
23 397
23 397
79 412
-
health
253
433
1 469
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
4 088
-
Corporate
68 414
57 728
-
-
income
8 552
7 216
-
-
total
8 552
7 216
-
-
Dividends
59 862
50 512
-
-
withholding
10 177
8 587
-
-
total
10 177
8 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
23 946
22 684
28 578
27 925
After tax
59 554
60 816
54 922
55 575
Living cost
9 869
9 869
9 869
9 869
Free-cash
49 685
50 947
45 053
45 706

Estimated living cost  is ₴9869 per week

₴6746
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.
₴166
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.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴42057
₴34683
₴42065
₴40316
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
-
-
-
83 500
income
-
-
-
27 231
pensions
-
-
-
3 280
total
-
-
-
30 511
Employee
14 994
-
72 649
-
health
196
-
930
-
pensions
1 144
-
3 803
-
income
2 731
-
22 309
-
total
4 071
-
27 042
-
Employer
14 994
-
72 649
-
health
285
-
1 380
-
pensions
1 515
-
9 471
-
total
1 800
-
10 851
-
Corporate
66 706
83 500
-
-
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.

12 674
15 865
-
-
total
12 674
15 865
-
-
Dividends
54 032
67 635
-
-
withholding
11 974
16 395
-
-
total
11 974
16 395
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 519
32 260
37 893
30 511
After tax
52 981
51 240
45 607
52 989
Living cost
10 924
10 924
10 924
10 924
Free-cash
42 057
40 316
34 683
42 065

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴30476
₴25452
₴27951
₴31861
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
-
-
-
83 500
municipal
-
-
-
614
regional
-
-
-
2 172
social contributions
-
-
-
15 229
national
-
-
-
25 413
total
-
-
-
43 428
Employee
25 640
-
83 500
-
social contributions
8 646
-
19 965
-
regional
387
-
2 014
-
national
4 333
-
23 376
-
municipal
153
-
572
-
total
13 519
-
45 927
-
Employer
25 640
-
83 500
-
total
-
-
-
-
Corporate
57 860
83 500
-
-
nationa
13 887
20 040
-
-
municipal
2 789
4 025
-
-
total
16 676
24 065
-
-
Dividends
41 185
59 435
-
-
withholding
10 708
15 453
-
-
total
10 708
15 453
-
-
Income
83 500
83 500
83 500
83 500
Total tax
40 903
39 518
45 927
43 428
After tax
42 597
43 982
37 573
40 072
Living cost
12 121
12 121
12 121
12 121
Free-cash
30 476
31 861
25 452
27 951

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴5767
₴39965
₴50470
₴266
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
-
-
-
83 500
pensions
-
-
-
1 229
income
-
-
-
24 475
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
26 532
Employee
10 222
-
77 071
-
health
1 170
-
8 824
-
pensions
1 151
-
2 253
-
income
1 402
-
19 531
-
total
3 723
-
30 608
-
Employer
10 222
-
77 071
-
pensions
1 662
-
3 254
-
accident
171
-
1 287
-
unemployment
250
-
1 888
-
total
2 083
-
6 429
-
Corporate
71 195
83 500
-
-
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.

64 076
75 150
-
-
total
64 076
75 150
-
-
Dividends
7 120
8 350
-
-
withholding
1 353
1 586
-
-
total
1 353
1 586
-
-
Income
83 500
83 500
83 500
83 500
Total tax
71 235
76 736
37 037
26 532
After tax
12 265
6 764
46 463
56 968
Living cost
6 498
6 498
6 498
6 498
Free-cash
5 767
266
39 965
50 470

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴35156
₴38945
₴28993
₴31177
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.

-
-
-
83 500
trade
-
-
-
9 952
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.

-
-
-
29 127
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.

-
-
-
2 079
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.

-
-
-
1 602
total
-
-
-
42 760
Employee

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

15 139
-
83 500
-
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.

2 079
-
2 079
-
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.

1 245
-
29 127
-
surtax

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

69
-
1 602
-
total
3 393
-
32 808
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 361
83 500
-
-
income
10 254
12 525
-
-
trade
9 810
11 982
-
-
surtax

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

564
689
-
-
chamber of commerce
147
169
-
-
total
20 775
25 365
-
-
Dividends
47 586
58 135
-
-
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.

648
793
-
-
withholding
11 781
14 418
-
-
total
12 429
15 211
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 597
40 576
32 808
42 760
After tax
46 903
42 924
50 692
40 740
Living cost
11 747
11 747
11 747
11 747
Free-cash
35 156
31 177
38 945
28 993

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴57973
₴30765
₴25053
₴60470
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.

-
-
-
83 500
income
-
-
-
19 166
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
21 293
total
-
-
-
52 117
Employee
8 891
-
67 355
-
income
1 583
-
16 505
-
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.

978
-
3 989
-
surtax
-
-
9 766
-
total
2 561
-
30 260
-
Employer
8 891
-
67 355
-
social contributions

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

2 142
-
8 736
-
surtax
-
-
7 409
-
total
2 142
-
16 145
-
Corporate
72 467
83 500
-
-
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%.

14 494
16 700
-
-
total
14 494
16 700
-
-
Dividends

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

57 974
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 197
16 700
46 405
52 117
After tax
64 303
66 800
37 095
31 383
Living cost
6 330
6 330
6 330
6 330
Free-cash
57 973
60 470
30 765
25 053

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴47699
₴48000
₴48271
₴48321
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
-
-
-
83 500
income
-
-
-
26 687
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
31 446
Employee
5 761
-
80 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
26 542
-
total
1 980
-
28 612
-
Employer
5 761
-
80 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
76 442
83 500
-
-
income
16 817
18 370
-
-
total
16 817
18 370
-
-
Dividends
59 625
65 130
-
-
withholding
11 925
13 026
-
-
total
11 925
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 018
31 396
31 717
31 446
After tax
51 482
52 104
51 783
52 054
Living cost
3 783
3 783
3 783
3 783
Free-cash
47 699
48 321
48 000
48 271

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴44720
₴30424
₴32284
₴45687
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
-
-
-
83 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
28 319
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
4 989
total
-
-
-
44 382
Employee
10 247
-
74 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
26 499
-
other
-
-
-
-
surtax
36
-
4 625
-
total
3 413
-
37 694
-
Employer
10 247
-
74 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
71 096
83 500
-
-
income
18 485
21 710
-
-
total
18 485
21 710
-
-
Dividends
52 611
61 790
-
-
withholding
7 891
9 269
-
-
total
7 891
9 269
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 946
30 979
46 242
44 382
After tax
51 554
52 521
37 258
39 118
Living cost
6 834
6 834
6 834
6 834
Free-cash
44 720
45 687
30 424
32 284

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴36090
₴11795
₴32884
₴36241
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
-
-
-
83 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
334
unemployment
-
-
-
1 866