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
₴ 84000
per

Your estimated
City
free-cash

Dresden , Germany
₴29339
₴34091
₴29601
₴39684
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.

-
-
-
84 000
trade
-
-
-
10 083
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.

-
-
-
26 888
health

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

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

-
-
-
2 935
surtax

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

-
-
-
1 479
total
-
-
-
41 385
Employee

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

16 434
-
84 000
-
health

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

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

2 935
-
2 935
-
surtax

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

25
-
1 479
-
income

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

459
-
26 888
-
total
3 419
-
31 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 566
84 000
-
-
surtax

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

558
693
-
-
income
10 135
12 600
-
-
trade
10 642
13 230
-
-
chamber of commerce
162
186
-
-
total
21 497
26 709
-
-
Dividends
46 070
57 291
-
-
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.

625
779
-
-
withholding
11 354
14 159
-
-
total
11 979
14 938
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 895
41 647
31 302
41 385
After tax
47 105
42 353
52 698
42 615
Living cost
13 014
13 014
13 014
13 014
Free-cash
34 091
29 339
39 684
29 601

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴30736
₴30375
₴27056
₴27507
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
-
-
-
84 000
municipal
-
-
-
9 264
pensions
-
-
-
10 080
national
-
-
-
15 017
social contributions
-
-
-
903
total
-
-
-
35 264
Employee
33 608
-
72 617
-
municipal
4 151
-
9 589
-
pensions
1 344
-
2 905
-
national
6 433
-
15 729
-
total
11 928
-
28 223
-
Employer
33 608
-
72 617
-
social contributions
361
-
781
-
pensions
2 689
-
5 809
-
total
3 050
-
6 590
-
Corporate
45 124
84 000
-
-
income

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

9 025
16 800
-
-
total
9 025
16 800
-
-
Dividends
36 099
67 200
-
-
withholding
7 942
14 784
-
-
total
7 942
14 784
-
-
Income
84 000
84 000
84 000
84 000
Total tax
31 945
31 584
34 813
35 264
After tax
52 055
52 416
49 187
48 736
Living cost
21 680
21 680
21 680
21 680
Free-cash
30 375
30 736
27 507
27 056

Estimated living cost  is ₴21680 per week

₴14736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₴58261
₴54737
₴20763
₴26916
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.

-
-
-
84 000
microenterprise
-
-
-
-
income
-
-
-
16 416
surtax
-
-
-
21 420
social contributions

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

-
-
-
16 462
total
-
-
-
54 298
Employee
12 555
-
64 563
-
social contributions

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

1 381
-
5 632
-
surtax
-
-
9 362
-
income
2 235
-
13 713
-
total
3 616
-
28 707
-
Employer
12 555
-
64 563
-
social contributions

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

3 024
-
12 336
-
surtax
-
-
7 102
-
total
3 024
-
19 438
-
Corporate
68 421
84 000
-
-
income

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

13 684
16 800
-
-
total
13 684
16 800
-
-
Dividends

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

54 737
67 200
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
20 324
16 800
48 145
54 298
After tax
63 676
67 200
35 855
29 702
Living cost
8 939
8 939
8 939
8 939
Free-cash
54 737
58 261
26 916
20 763

Estimated living cost  is ₴8939 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₴23713
₴21080
₴27797
₴35386
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
-
-
-
84 000
income
-
-
-
27 872
pensions
-
-
-
5 034
health
-
-
-
5 298
total
-
-
-
38 204
Employee
36 691
36 691
76 015
-
health
5 632
4 790
5 298
-
income

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

6 006
6 006
12 299
-
pensions
6 604
5 034
5 034
-
total
18 242
15 830
22 631
-
Employer
36 691
36 691
76 015
-
unemployment
1 321
1 321
1 641
-
pensions
2 554
2 554
3 174
-
health
2 550
2 550
3 169
-
total
6 425
6 425
7 984
-
Corporate
41 334
40 884
-
-
income
8 267
8 177
-
-
total
8 267
8 177
-
-
Dividends
33 067
32 707
-
-
income
7 027
6 950
-
-
withholding
4 960
4 906
-
-
total
11 987
11 856
-
-
Income
84 000
84 000
84 000
84 000
Total tax
44 921
42 288
30 615
38 204
After tax
39 079
41 712
53 385
45 796
Living cost
17 999
17 999
17 999
17 999
Free-cash
21 080
23 713
35 386
27 797

Estimated living cost  is ₴17999 per week

₴12755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴29198
₴28823
₴25825
₴25422
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
-
-
-
84 000
municipal
-
-
-
21 893
accident
-
-
-
73
pensions
-
-
-
3 948
other
-
-
-
4 244
unemployment
-
-
-
37
health
-
-
-
2 279
national
-
-
-
9 035
total
-
-
-
41 509
Employee
23 748
-
72 523
-
municipal
7 082
-
21 626
-
national
-
-
8 811
-
total
7 082
-
30 437
-
Employer
23 748
-
72 523
-
accident
48
-
73
-
other
2 760
-
4 244
-
unemployment
627
-
964
-
pensions
2 567
-
3 948
-
health
1 460
-
2 246
-
total
7 462
-
11 475
-
Corporate
52 791
84 000
-
-
income
11 614
18 480
-
-
total
11 614
18 480
-
-
Dividends
41 177
65 520
-
-
withholding
12 353
19 656
-
-
total
12 353
19 656
-
-
Income
84 000
84 000
84 000
84 000
Total tax
38 511
38 136
41 912
41 509
After tax
45 489
45 864
42 088
42 491
Living cost
16 666
16 666
16 666
16 666
Free-cash
28 823
29 198
25 422
25 825

Estimated living cost  is ₴16666 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴25041
₴31079
₴25287
₴35819
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.

-
-
-
84 000
trade
-
-
-
10 532
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.

-
-
-
26 888
health

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

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

-
-
-
2 935
surtax

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

-
-
-
1 479
total
-
-
-
41 834
Employee

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

21 789
-
84 000
-
health

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

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

2 935
-
2 935
-
surtax

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

103
-
1 479
-
income

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

1 872
-
26 888
-
total
4 910
-
31 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 211
84 000
-
-
surtax

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

513
693
-
-
income
9 332
12 600
-
-
trade
10 234
13 818
-
-
chamber of commerce
154
185
-
-
total
20 233
27 296
-
-
Dividends
41 979
56 704
-
-
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.

568
771
-
-
withholding
10 331
14 013
-
-
total
10 899
14 784
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 042
42 080
31 302
41 834
After tax
47 958
41 920
52 698
42 166
Living cost
16 879
16 879
16 879
16 879
Free-cash
31 079
25 041
35 819
25 287

Estimated living cost  is ₴16879 per week

₴11289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴47316
₴45535
₴43062
₴42346
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
-
-
-
84 000
income
-
-
-
17 908
health
-
-
-
2 142
social contributions
-
-
-
6 952
total
-
-
-
27 002
Employee
33 039
33 039
78 843
-
social contributions
1 605
2 742
3 698
-
health
329
562
1 340
-
income
3 469
3 058
17 523
-
total
5 403
6 362
22 561
-
Employer
33 039
33 039
78 843
-
social contributions
1 605
2 742
3 698
-
health
358
612
1 459
-
total
1 963
3 354
5 157
-
Corporate
62 697
47 608
-
-
income
7 837
5 951
-
-
total
7 837
5 951
-
-
Dividends
54 860
41 657
-
-
withholding
9 326
7 081
-
-
total
9 326
7 081
-
-
Income
84 000
84 000
84 000
84 000
Total tax
24 529
22 748
27 718
27 002
After tax
59 471
61 252
56 282
56 998
Living cost
13 936
13 936
13 936
13 936
Free-cash
45 535
47 316
42 346
43 062

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴39370
₴39534
₴50392
₴40897
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
-
-
-
84 000
income
-
-
-
10 269
pensions
-
-
-
8 400
unemployment
-
-
-
1 260
health
-
-
-
5 880
total
-
-
-
25 809
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.

11 258
4 481
70 293
-
health
788
314
4 921
-
income
1 376
548
8 593
-
pensions
1 126
448
7 029
-
unemployment
169
67
1 054
-
total
3 459
1 377
21 597
-
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.

11 258
4 481
70 293
-
pensions
2 195
874
13 707
-
total
2 195
874
13 707
-
Corporate
70 546
78 646
-
-
income
6 349
7 078
-
-
total
6 349
7 078
-
-
Dividends
64 197
71 568
-
-
social contributions
12 467
13 904
-
-
withholding
12 197
13 598
-
-
total
24 664
27 502
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 667
36 831
35 304
25 809
After tax
47 333
47 169
48 696
58 191
Living cost
7 799
7 799
7 799
7 799
Free-cash
39 534
39 370
40 897
50 392

Estimated living cost  is ₴7799 per week

₴5322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴56822
₴54153
₴34646
₴38037
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
-
-
-
84 000
income
-
-
-
11 256
pensions
-
-
-
16 800
health
-
-
-
10 920
total
-
-
-
38 976
Employee
12 189
-
62 780
-
income
1 372
-
12 104
-
pensions
244
-
1 256
-
unemployment
195
-
1 005
-
total
1 811
-
14 365
-
Employer
12 189
-
62 780
-
unemployment
98
-
502
-
pensions
2 438
-
12 556
-
health
1 584
-
8 162
-
total
4 120
-
21 220
-
Corporate
67 691
84 000
-
-
income
13 538
16 800
-
-
total
13 538
16 800
-
-
Dividends
54 153
67 200
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
19 469
16 800
35 585
38 976
After tax
64 531
67 200
48 415
45 024
Living cost
10 378
10 378
10 378
10 378
Free-cash
54 153
56 822
38 037
34 646

Estimated living cost  is ₴10378 per week

₴7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴2625
₴5358
₴47963
₴36496
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
-
-
-
84 000
accident
-
-
-
108
income
-
-
-
23 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
26 608
Employee
14 833
-
76 141
-
health
1 698
-
8 718
-
income
2 035
-
18 227
-
pensions
1 670
-
3 270
-
total
5 403
-
30 215
-
Employer
14 833
-
76 141
-
accident
248
-
1 272
-
unemployment
363
-
1 866
-
pensions
2 412
-
4 722
-
total
3 023
-
7 860
-
Corporate
66 144
84 000
-
-
income

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

59 530
75 600
-
-
total
59 530
75 600
-
-
Dividends
6 614
8 400
-
-
withholding
1 257
1 596
-
-
total
1 257
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
69 213
77 196
38 075
26 608
After tax
14 787
6 804
45 925
57 392
Living cost
9 429
9 429
9 429
9 429
Free-cash
5 358
-2 625
36 496
47 963

Estimated living cost  is ₴9429 per week

₴6911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1799
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
₴75907
₴75177
₴79267
₴63307
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%.

-
-
-
84 000
microenterprise

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

-
-
-
840
total
-
-
-
840
Employee
4 865
-
84 000
-
income
973
-
16 800
-
total
973
-
16 800
-
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%.

79 135
84 000
-
-
total
-
-
-
-
Dividends
79 135
84 000
-
-
withholding
3 957
4 200
-
-
total
3 957
4 200
-
-
Income
84 000
84 000
84 000
84 000
Total tax
4 930
4 200
16 800
840
After tax
79 070
79 800
67 200
83 160
Living cost
3 893
3 893
3 893
3 893
Free-cash
75 177
75 907
63 307
79 267

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴50266
₴47363
₴37125
₴36402
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
-
-
-
84 000
income
-
-
-
13 767
pensions

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

-
-
-
15 681
other
-
-
-
3 103
health
-
-
-
2 875
total
-
-
-
35 426
Employee
15 600
-
67 518
-
health
219
-
915
-
income
2 686
-
13 526
-
pensions

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

1 092
-
4 573
-
unemployment
156
-
653
-
total
4 153
-
19 667
-
Employer
15 600
-
67 518
-
accident
125
-
540
-
other
780
-
3 266
-
unemployment
156
-
653
-
pensions

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

2 652
-
11 108
-
health
219
-
915
-
total
3 932
-
16 482
-
Corporate
64 468
84 000
-
-
income
13 538
17 640
-
-
total
13 538
17 640
-
-
Dividends
50 930
66 360
-
-
withholding
3 565
4 645
-
-
total
3 565
4 645
-
-
Income
84 000
84 000
84 000
84 000
Total tax
25 188
22 285
36 149
35 426
After tax
58 812
61 715
47 851
48 574
Living cost
11 449
11 449
11 449
11 449
Free-cash
47 363
50 266
36 402
37 125

Estimated living cost  is ₴11449 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴25376
₴28340
₴26368
₴18813
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
-
-
-
84 000
income
-
-
-
24 899
pensions
-
-
-
4 030
total
-
-
-
28 929
Employee
40 610
-
73 301
-
health
669
-
1 030
-
income
7 320
-
19 862
-
pensions
3 918
-
4 894
-
total
11 907
-
25 786
-
Employer
40 610
-
73 301
-
pensions
4 795
-
9 306
-
health
771
-
1 392
-
total
5 566
-
10 698
-
Corporate
37 823
84 000
-
-
income

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

7 186
15 960
-
-
total
7 186
15 960
-
-
Dividends
30 637
68 040
-
-
withholding
2 298
13 961
-
-
total
2 298
13 961
-
-
Income
84 000
84 000
84 000
84 000
Total tax
26 957
29 921
36 484
28 929
After tax
57 043
54 079
47 516
55 071
Living cost
28 703
28 703
28 703
28 703
Free-cash
28 340
25 376
18 813
26 368

Estimated living cost  is ₴28703 per week

₴21508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴66187
₴64191
₴61760
₴65144
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
-
-
-
84 000
income
-
-
-
12 600
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
16 607
Employee
7 458
-
81 056
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
746
-
8 106
-
pensions

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

655
-
1 318
-
total
1 826
-
10 279
-
Employer
7 458
-
81 056
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 654
-
health
515
-
1 035
-
total
1 464
-
2 944
-
Corporate
75 078
84 000
-
-
income
7 508
8 400
-
-
total
7 508
8 400
-
-
Dividends
67 570
75 600
-
-
withholding
3 378
3 780
-
-
total
3 378
3 780
-
-
Income
84 000
84 000
84 000
84 000
Total tax
14 176
12 180
13 223
16 607
After tax
69 824
71 820
70 777
67 393
Living cost
5 633
5 633
5 633
5 633
Free-cash
64 191
66 187
65 144
61 760

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴17887
₴18968
₴21971
₴29560
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
-
-
-
84 000
income
-
-
-
27 872
pensions
-
-
-
5 034
health
-
-
-
5 298
total
-
-
-
38 204
Employee
39 835
36 691
76 015
-
health
4 970
4 790
5 298
-
income

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

6 006
6 006
12 299
-
pensions
5 034
5 034
5 034
-
total
16 010
15 830
22 631
-
Employer
39 835
36 691
76 015
-
unemployment
1 434
1 321
1 641
-
pensions
2 772
2 554
3 174
-
health
2 768
2 550
3 169
-
total
6 974
6 425
7 984
-
Corporate
37 191
40 884
-
-
income
7 438
8 177
-
-
total
7 438
8 177
-
-
Dividends
29 752
32 707
-
-
income
6 322
6 950
-
-
withholding
4 463
4 906
-
-
total
10 785
11 856
-
-
Income
84 000
84 000
84 000
84 000
Total tax
41 207
42 288
30 615
38 204
After tax
42 793
41 712
53 385
45 796
Living cost
23 825
23 825
23 825
23 825
Free-cash
18 968
17 887
29 560
21 971

Estimated living cost  is ₴23825 per week

₴17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴47559
₴43893
₴38412
₴34861
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
-
-
-
84 000
income
-
-
-
8 681
health
-
-
-
11 340
solidarity contribution
-
-
-
507
social contributions
-
-
-
14 785
total
-
-
-
35 313
Employee
15 110
-
65 451
-
social contributions
982
-
3 291
-
health
2 040
-
8 836
-
solidarity contribution
-
-
188
-
income
1 813
-
7 999
-
total
4 835
-
20 314
-
Employer
15 110
-
65 451
-
social contributions
3 778
-
12 659
-
health
1 360
-
5 891
-
total
5 138
-
18 550
-
Corporate
63 752
84 000
-
-
income
12 113
15 960
-
-
total
12 113
15 960
-
-
Dividends
51 639
68 040
-
-
withholding
7 746
10 206
-
-
total
7 746
10 206
-
-
Income
84 000
84 000
84 000
84 000
Total tax
29 832
26 166
38 864
35 313
After tax
54 168
57 834
45 136
48 687
Living cost
10 275
10 275
10 275
10 275
Free-cash
43 893
47 559
34 861
38 412

Estimated living cost  is ₴10275 per week

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

Source of data for Brno model

Close
Milan , Italy
₴26687
₴24445
₴21560
₴17808
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
-
-
-
84 000
municipal
-
-
-
500
regional
-
-
-
1 002
national
-
-
-
21 304
social contributions
-
-
-
21 504
total
-
-
-
44 310
Employee
38 185
-
84 000
-
social contributions
12 876
-
28 193
-
regional
360
-
887
-
municipal
202
-
447
-
national
6 617
-
18 535
-
total
20 055
-
48 062
-
Employer
38 185
-
84 000
-
total
-
-
-
-
Corporate
45 815
84 000
-
-
nationa
10 996
20 160
-
-
municipal
1 786
3 276
-
-
total
12 782
23 436
-
-
Dividends
33 032
60 564
-
-
withholding
8 588
15 747
-
-
total
8 588
15 747
-
-
Income
84 000
84 000
84 000
84 000
Total tax
41 425
39 183
48 062
44 310
After tax
42 575
44 817
35 938
39 690
Living cost
18 130
18 130
18 130
18 130
Free-cash
24 445
26 687
17 808
21 560

Estimated living cost  is ₴18130 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴43355
₴42018
₴30158
₴27532
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
-
-
-
84 000
income
-
-
-
24 730
pensions
-
-
-
11 469
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 071
surtax
-
-
-
3 993
total
-
-
-
44 361
Employee
14 209
-
71 929
-
other
-
-
-
-
health
363
-
1 462
-
surtax
46
-
3 479
-
income
2 382
-
22 160
-
pensions
947
-
3 825
-
unemployment
989
-
3 991
-
total
4 727
-
34 917
-
Employer
14 209
-
71 929
-
other
-
-
-
-
unemployment
450
-
1 817
-
pensions
1 894
-
7 644
-
health
647
-
2 609
-
total
2 991
-
12 070
-
Corporate
66 801
84 000
-
-
income
17 368
21 840
-
-
total
17 368
21 840
-
-
Dividends
49 433
62 160
-
-
withholding
7 415
9 324
-
-
total
7 415
9 324
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 501
31 164
46 987
44 361
After tax
51 499
52 836
37 013
39 639
Living cost
9 481
9 481
9 481
9 481
Free-cash
42 018
43 355
27 532
30 158

Estimated living cost  is ₴9481 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴34470
₴37306
₴35462
₴27907
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
-
-
-
84 000
income
-
-
-
24 899
pensions
-
-
-
4 030
total
-
-
-
28 929
Employee
27 216
-
73 301
-
health
395
-
1 030
-
income
4 902
-
19 862
-
pensions
2 310
-
4 894
-
total
7 607
-
25 786
-
Employer
27 216
-
73 301
-
pensions
2 946
-
9 306
-
health
517
-
1 392
-
total
3 463
-
10 698
-
Corporate
53 321
84 000
-
-
income

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

10 131
15 960
-
-
total
10 131
15 960
-
-
Dividends
43 190
68 040
-
-
withholding
5 884
13 961
-
-
total
5 884
13 961
-
-
Income
84 000
84 000
84 000
84 000
Total tax
27 085
29 921
36 484
28 929
After tax
56 915
54 079
47 516
55 071
Living cost
19 609
19 609
19 609
19 609
Free-cash
37 306
34 470
27 907
35 462

Estimated living cost  is ₴19609 per week

₴14691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₴5733
₴19716
₴34632
₴31079
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
-
-
-
84 000
city
-
-
-
885
pensions
-
-
-
7 727
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.

-
-
-
1 680
regional
-
-
-
4 426
health
-
-
-
189
national
-
-
-
1 783
total
-
-
-
16 690
Employee
38 242
-
75 320
-
city
410
-
811
-
regional
1 252
-
3 863
-
health
86
-
170
-
pensions
3 213
-
6 176
-
unemployment
-
-
-
-
national
181
-
1 370
-
total
5 142
-
12 390
-
Employer
38 242
-
75 320
-
other

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

765
-
1 507
-
unemployment
-
-
-
-
pensions
3 213
-
6 176
-
health
86
-
170
-
total
4 064
-
7 853
-
Corporate
41 273
84 000
-
-
regional
8 730
17 766
-
-
national
3 508
7 140
-
-
total
12 238
24 906
-
-
Dividends
29 036
59 094
-
-
withholding
10 162
20 683
-
-
total
10 162
20 683
-
-
Income
84 000
84 000
84 000
84 000
Total tax
31 606
45 589
20 243
16 690
After tax
52 394
38 411
63 757
67 310
Living cost
32 678
32 678
32 678
32 678
Free-cash
19 716
5 733
31 079
34 632

Estimated living cost  is ₴32678 per week

₴21250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴21807
₴28773
₴22035
₴33015
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.

-
-
-
84 000
trade
-
-
-
10 980
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.

-
-
-
26 888
health

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

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

-
-
-
2 935
surtax

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

-
-
-
1 479
total
-
-
-
42 282
Employee

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

25 822
-
84 000
-
health

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

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

2 935
-
2 935
-
surtax

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

167
-
1 479
-
income

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

3 036
-
26 888
-
total
6 138
-
31 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 178
84 000
-
-
surtax

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

480
693
-
-
income
8 727
12 600
-
-
trade
9 978
14 406
-
-
chamber of commerce
147
183
-
-
total
19 332
27 882
-
-
Dividends
38 847
56 118
-
-
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.

525
762
-
-
withholding
9 549
13 866
-
-
total
10 074
14 628
-
-
Income
84 000
84 000
84 000
84 000
Total tax
35 544
42 510
31 302
42 282
After tax
48 456
41 490
52 698
41 718
Living cost
19 683
19 683
19 683
19 683
Free-cash
28 773
21 807
33 015
22 035

Estimated living cost  is ₴19683 per week

₴14376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴27636
₴30176
₴32363
₴30518
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
-
-
-
84 000
income
-
-
-
13 943
pensions
-
-
-
14 185
other
-
-
-
2 604
health
-
-
-
3 812
surtax
-
-
-
-
social contributions
-
-
-
2 393
total
-
-
-
36 937
Employee
18 389
-
64 626
-
social contributions
524
-
1 841
-
surtax
-
-
-
-
income
1 085
-
12 913
-
pensions
2 079
-
4 653
-
total
3 688
-
19 407
-
Employer
18 389
-
64 626
-
other
634
-
2 589
-
social contributions
55
-
194
-
unemployment
744
-
2 617
-
pensions
3 021
-
7 806
-
health
1 287
-
6 169
-
total
5 741
-
19 375
-
Corporate
59 869
84 000
-
-
surtax
-
-
-
-
income
16 763
23 520
-
-
total
16 763
23 520
-
-
Dividends
43 106
60 480
-
-
surtax
-
-
-
-
social contributions
7 414
10 402
-
-
withholding
5 518
7 742
-
-
total
12 932
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
39 124
41 664
38 782
36 937
After tax
44 876
42 336
45 218
47 063
Living cost
14 700
14 700
14 700
14 700
Free-cash
30 176
27 636
30 518
32 363

Estimated living cost  is ₴14700 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴29092
₴31478
₴33819
₴31974
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
-
-
-
84 000
income
-
-
-
13 943
pensions
-
-
-
14 185
other
-
-
-
2 604
health
-
-
-
3 812
surtax
-
-
-
-
social contributions
-
-
-
2 393
total
-
-
-
36 937
Employee
16 414
-
64 626
-
social contributions
468
-
1 841
-
surtax
-
-
-
-
income
846
-
12 913
-
pensions
1 857
-
4 653
-
total
3 171
-
19 407
-
Employer
16 414
-
64 626
-
other
567
-
2 589
-
social contributions
49
-
194
-
unemployment
665
-
2 617
-
pensions
2 697
-
7 806
-
health
1 149
-
6 169
-
total
5 127
-
19 375
-
Corporate
62 459
84 000
-
-
surtax
-
-
-
-
income
17 489
23 520
-
-
total
17 489
23 520
-
-
Dividends
44 971
60 480
-
-
surtax
-
-
-
-
social contributions
7 735
10 402
-
-
withholding
5 756
7 742
-
-
total
13 491
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
39 278
41 664
38 782
36 937
After tax
44 722
42 336
45 218
47 063
Living cost
13 244
13 244
13 244
13 244
Free-cash
31 478
29 092
31 974
33 819

Estimated living cost  is ₴13244 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴42137
₴42358
₴44834
₴42857
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
-
-
-
84 000
income
-
-
-
12 600
health
-
-
-
5 863
social contributions
-
-
-
11 592
total
-
-
-
30 055
Employee
14 568
-
84 000
-
social contributions
2 011
-
11 592
-
health
1 017
-
5 863
-
income
2 430
-
14 577
-
total
5 458
-
32 032
-
Employer
14 568
-
84 000
-
total
-
-
-
-
Corporate
69 432
84 000
-
-
income

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

3 472
4 200
-
-
total
3 472
4 200
-
-
Dividends
65 960
79 800
-
-
health
4 604
5 570
-
-
social contributions
9 103
11 012
-
-
withholding
9 894
11 970
-
-
total
23 601
28 552
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 531
32 752
32 032
30 055
After tax
51 469
51 248
51 968
53 945
Living cost
9 111
9 111
9 111
9 111
Free-cash
42 358
42 137
42 857
44 834

Estimated living cost  is ₴9111 per week

₴6097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴31259
₴30594
₴27997
₴7019
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
-
-
-
84 000
chamber of commerce
-
-
-
336
income
-
-
-
24 682
pensions
-
-
-
9 286
unemployment
-
-
-
2 635
health
-
-
-
3 840
surtax
-
-
-
85
total
-
-
-
40 864
Employee
21 472
17 122
68 158
-
other
214
171
502
-
health
831
663
1 942
-
income
2 444
1 263
20 280
-
pensions
2 199
1 753
5 140
-
unemployment
644
514
1 506
-
total
6 332
4 364
29 370
-
Employer
21 472
17 122
68 158
-
accident
279
223
652
-
other
1 020
813
3 084
-
chamber of commerce
86
68
272
-
unemployment
644
514
1 506
-
surtax
85
85
85
-
pensions
2 695
2 149
6 299
-
payroll
644
514
2 045
-
health
811
647
1 897
-
total
6 264
5 013
15 840
-
Corporate
56 264
61 865
66 528
-
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.

14 066
15 466
16 632
-
total
14 066
15 466
16 632
-
Dividends
42 198
46 398
-
-
withholding
11 605
12 759
-
-
total
11 605
12 759
-
-
Income
84 000
84 000
84 000
84 000
Total tax
38 267
37 602
61 842
40 864
After tax
45 733
46 398
22 158
43 136
Living cost
15 139
15 139
15 139
15 139
Free-cash
30 594
31 259
7 019
27 997

Estimated living cost  is ₴15139 per week

₴10097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₴31137
₴24851
₴20806
₴13442
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
-
-
-
84 000
national
-
-
-
32 419
communal

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

-
-
-
4 397
social contributions
-
-
-
10 712
total
-
-
-
47 528
Employee

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

30 734
-
65 062
-
communal

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

1 603
-
3 394
-
health

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

1 444
-
3 058
-
pensions

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

2 305
-
4 880
-
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
-
566
-
national
9 449
-
24 055
-
total
15 068
-
35 953
-
Employer

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

30 734
-
65 062
-
accident

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

400
-
846
-
unemployment

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

448
-
950
-
surtax
3 485
-
7 377
-
pensions

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

2 723
-
5 765
-
health

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

1 890
-
4 001
-
total
8 946
-
18 939
-
Corporate
44 320
84 000
-
-
surtax
177
341
-
-
income
8 864
17 022
-
-
total
9 041
17 363
-
-
Dividends
35 280
66 637
-
-
withholding

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

10 428
19 834
-
-
total
10 428
19 834
-
-
Income
84 000
84 000
84 000
84 000
Total tax
43 483
37 197
54 892
47 528
After tax
40 517
46 803
29 108
36 472
Living cost
15 666
15 666
15 666
15 666
Free-cash
24 851
31 137
13 442
20 806

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴40374
₴37430
₴31530
₴29728
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
-
-
-
84 000
accident
-
-
-
359
income
-
-
-
25 005
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
36 953
Employee
21 387
-
71 304
-
other
21
-
40
-
income
4 513
-
23 530
-
pensions
1 005
-
1 872
-
unemployment
332
-
617
-
total
5 871
-
26 059
-
Employer
21 387
-
71 304
-
accident
423
-
788
-
other
170
-
319
-
unemployment
1 177
-
2 190
-
pensions
5 047
-
9 399
-
total
6 817
-
12 696
-
Corporate
55 796
84 000
-
-
income

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

8 370
12 600
-
-
total
8 370
12 600
-
-
Dividends
47 426
71 400
-
-
withholding
9 995
15 509
-
-
total
9 995
15 509
-
-
Income
84 000
84 000
84 000
84 000
Total tax
31 053
28 109
38 755
36 953
After tax
52 947
55 891
45 245
47 047
Living cost
15 517
15 517
15 517
15 517
Free-cash
37 430
40 374
29 728
31 530

Estimated living cost  is ₴15517 per week

₴11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴25171
₴19421
₴17249
₴20597
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
-
-
-
84 000
accident
-
-
-
709
income
-
-
-
14 727
pensions
-
-
-
12 591
health
-
-
-
5 902
surtax
-
-
-
4 164
communal
-
-
-
5 309
total
-
-
-
43 402
Employee
32 538
-
75 034
-
health
1 448
-
3 339
-
surtax
1 994
-
4 599
-
income
3 143
-
17 146
-
pensions
2 603
-
6 003
-
total
9 188
-
31 087
-
Employer
32 538
-
75 034
-
accident
293
-
675
-
pensions
2 603
-
6 003
-
health
992
-
2 289
-
total
3 888
-
8 967
-
Corporate
47 575
84 000
-
-
surtax
500
882
-
-
communal
3 212
5 670
-
-
income
7 136
12 600
-
-
total
10 848
19 152
-
-
Dividends
36 727
64 848
-
-
income
11 797
6 601
-
-
withholding
5 509
9 727
-
-
total
17 306
16 328
-
-
Income
84 000
84 000
84 000
84 000
Total tax
41 230
35 480
40 054
43 402
After tax
42 770
48 520
43 946
40 598
Living cost
23 349
23 349
23 349
23 349
Free-cash
19 421
25 171
20 597
17 249

Estimated living cost  is ₴23349 per week

₴17515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴43185
₴41819
₴29988
₴27362
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
-
-
-
84 000
income
-
-
-
24 730
pensions
-
-
-
11 469
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 071
surtax
-
-
-
3 993
total
-
-
-
44 361
Employee
14 469
-
71 929
-
other
-
-
-
-
health
369
-
1 462
-
surtax
51
-
3 479
-
income
2 426
-
22 160
-
pensions
965
-
3 825
-
unemployment
1 007
-
3 991
-
total
4 818
-
34 917
-
Employer
14 469
-
71 929
-
other
-
-
-
-
unemployment
459
-
1 817
-
pensions
1 929
-
7 644
-
health
658
-
2 609
-
total
3 046
-
12 070
-
Corporate
66 484
84 000
-
-
income
17 286
21 840
-
-
total
17 286
21 840
-
-
Dividends
49 198
62 160
-
-
withholding
7 380
9 324
-
-
total
7 380
9 324
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 530
31 164
46 987
44 361
After tax
51 470
52 836
37 013
39 639
Living cost
9 651
9 651
9 651
9 651
Free-cash
41 819
43 185
27 362
29 988

Estimated living cost  is ₴9651 per week

₴5827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴32578
₴31624
₴27850
₴24118
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
-
-
-
84 000
municipal
-
-
-
500
regional
-
-
-
1 268
national
-
-
-
21 304
social contributions
-
-
-
21 504
total
-
-
-
44 576
Employee
23 834
-
84 000
-
social contributions
8 037
-
28 193
-
regional
321
-
1 133
-
municipal
126
-
447
-
national
3 776
-
18 535
-
total
12 260
-
48 308
-
Employer
23 834
-
84 000
-
total
-
-
-
-
Corporate
60 166
84 000
-
-
nationa
14 440
20 160
-
-
municipal
2 990
4 175
-
-
total
17 430
24 335
-
-
Dividends
42 736
59 666
-
-
withholding
11 112
15 513
-
-
total
11 112
15 513
-
-
Income
84 000
84 000
84 000
84 000
Total tax
40 802
39 848
48 308
44 576
After tax
43 198
44 152
35 692
39 424
Living cost
11 574
11 574
11 574
11 574
Free-cash
31 624
32 578
24 118
27 850

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴45173
₴40656
₴36026
₴32475
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
-
-
-
84 000
income
-
-
-
8 681
health
-
-
-
11 340
solidarity contribution
-
-
-
507
social contributions
-
-
-
14 785
total
-
-
-
35 313
Employee
18 620
-
65 451
-
social contributions
1 210
-
3 291
-
health
2 514
-
8 836
-
solidarity contribution
-
-
188
-
income
2 234
-
7 999
-
total
5 958
-
20 314
-
Employer
18 620
-
65 451
-
social contributions
4 655
-
12 659
-
health
1 676
-
5 891
-
total
6 331
-
18 550
-
Corporate
59 050
84 000
-
-
income
11 219
15 960
-
-
total
11 219
15 960
-
-
Dividends
47 830
68 040
-
-
withholding
7 175
10 206
-
-
total
7 175
10 206
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 683
26 166
38 864
35 313
After tax
53 317
57 834
45 136
48 687
Living cost
12 661
12 661
12 661
12 661
Free-cash
40 656
45 173
32 475
36 026

Estimated living cost  is ₴12661 per week

₴9416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴32735
₴32525
₴29513
₴8471
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
-
-
-
84 000
chamber of commerce
-
-
-
336
income
-
-
-
24 682
pensions
-
-
-
9 286
unemployment
-
-
-
2 635
health
-
-
-
3 840
surtax
-
-
-
-
total
-
-
-
40 779
Employee
18 782
17 122
68 237
-
other
188
171
502
-
health
726
663
1 942
-
income
1 673
1 263
20 318
-
pensions
1 923
1 753
5 140
-
unemployment
563
514
1 506
-
total
5 073
4 364
29 408
-
Employer
18 782
17 122
68 237
-
accident
244
223
652
-
other
892
813
3 088
-
chamber of commerce
75
68
273
-
unemployment
563
514
1 506
-
surtax
-
-
-
-
pensions
2 357
2 149
6 299
-
payroll
563
514
2 047
-
health
710
647
1 897
-
total
5 404
4 928
15 762
-
Corporate
59 813
61 950
66 606
-
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.

14 954
15 488
16 651
-
total
14 954
15 488
16 651
-
Dividends
44 860
46 462
-
-
withholding
12 336
12 777
-
-
total
12 336
12 777
-
-
Income
84 000
84 000
84 000
84 000
Total tax
37 767
37 557
61 821
40 779
After tax
46 233
46 443
22 179
43 221
Living cost
13 708
13 708
13 708
13 708
Free-cash
32 525
32 735
8 471
29 513

Estimated living cost  is ₴13708 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₴73734
₴72596
₴77094
₴61134
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%.

-
-
-
84 000
microenterprise

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

-
-
-
840
total
-
-
-
840
Employee
7 582
-
84 000
-
income
1 517
-
16 800
-
total
1 517
-
16 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

76 418
84 000
-
-
total
-
-
-
-
Dividends
76 418
84 000
-
-
withholding
3 821
4 200
-
-
total
3 821
4 200
-
-
Income
84 000
84 000
84 000
84 000
Total tax
5 338
4 200
16 800
840
After tax
78 662
79 800
67 200
83 160
Living cost
6 066
6 066
6 066
6 066
Free-cash
72 596
73 734
61 134
77 094

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴46310
₴42718
₴28811
₴26854
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.

-
-
-
84 000
income
-
-
-
19 933
pensions
-
-
-
15 340
unemployment
-
-
-
126
health
-
-
-
8 266
total
-
-
-
43 665
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.

19 000
-
72 684
-
health
1 227
-
4 696
-
income
3 276
-
18 242
-
pensions
2 945
-
11 266
-
unemployment
27
-
102
-
total
7 475
-
34 306
-
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.

19 000
-
72 684
-
unemployment
11
-
43
-
pensions
1 681
-
6 432
-
health
1 265
-
4 841
-
total
2 957
-
11 316
-
Corporate
62 042
84 000
-
-
income
11 788
15 960
-
-
total
11 788
15 960
-
-
Dividends
50 254
68 040
-
-
withholding
7 538
10 206
-
-
total
7 538
10 206
-
-
Income
84 000
84 000
84 000
84 000
Total tax
29 758
26 166
45 622
43 665
After tax
54 242
57 834
38 378
40 335
Living cost
11 524
11 524
11 524
11 524
Free-cash
42 718
46 310
26 854
28 811

Estimated living cost  is ₴11524 per week

₴7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴32471
₴11928
₴39416
₴59684
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
-
-
-
84 000
income
-
-
-
16 373
social contributions
-
-
-
9 576
total
-
-
-
25 949
Employee
26 720
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 720
-
-
-
social contributions
37 675
-
5 369
-
total
37 675
-
5 369
-
Corporate
19 605
84 000
-
-
income
4 313
18 480
-
-
total
4 313
18 480
-
-
Dividends
15 292
65 520
-
-
income
3 364
14 414
-
-
total
3 364
14 414
-
-
Income
84 000
84 000
84 000
84 000
Total tax
53 437
32 894
5 681
25 949
After tax
30 563
51 106
78 319
58 051
Living cost
18 635
18 635
18 635
18 635
Free-cash
11 928
32 471
59 684
39 416

Estimated living cost  is ₴18635 per week

₴12091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4554
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
₴34302
₴33870
₴30975
₴24607
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.

-
-
-
84 000
income
-
-
-
10 358
surtax
-
-
-
-
social contributions

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

-
-
-
29 190
total
-
-
-
39 548
Employee
19 761
-
67 879
-
social contributions
2 174
-
7 467
-
surtax
-
-
-
-
income
4 110
-
22 328
-
total
6 284
-
29 795
-
Employer
19 761
-
67 879
-
social contributions
4 693
-
16 121
-
total
4 693
-
16 121
-
Corporate
59 546
84 000
-
-
surtax
-
-
-
-
income
12 504
17 640
-
-
total
12 504
17 640
-
-
Dividends
47 042
66 360
-
-
withholding
13 172
18 581
-
-
total
13 172
18 581
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 653
36 221
45 916
39 548
After tax
47 347
47 779
38 084
44 452
Living cost
13 477
13 477
13 477
13 477
Free-cash
33 870
34 302
24 607
30 975

Estimated living cost  is ₴13477 per week

₴10083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴21584
₴24537
₴26311
₴24466
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
-
-
-
84 000
income
-
-
-
13 943
pensions
-
-
-
14 185
other
-
-
-
2 604
health
-
-
-
3 812
surtax
-
-
-
-
social contributions
-
-
-
2 393
total
-
-
-
36 937
Employee
26 910
-
64 626
-
social contributions
766
-
1 841
-
surtax
-
-
-
-
income
2 348
-
12 913
-
pensions
3 044
-
4 653
-
total
6 158
-
19 407
-
Employer
26 910
-
64 626
-
other
929
-
2 589
-
social contributions
81
-
194
-
unemployment
1 090
-
2 617
-
pensions
4 422
-
7 806
-
health
1 883
-
6 169
-
total
8 405
-
19 375
-
Corporate
48 685
84 000
-
-
surtax
-
-
-
-
income
13 632
23 520
-
-
total
13 632
23 520
-
-
Dividends
35 053
60 480
-
-
surtax
-
-
-
-
social contributions
6 029
10 402
-
-
withholding
4 487
7 742
-
-
total
10 516
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
38 711
41 664
38 782
36 937
After tax
45 289
42 336
45 218
47 063
Living cost
20 752
20 752
20 752
20 752
Free-cash
24 537
21 584
24 466
26 311

Estimated living cost  is ₴20752 per week

₴14044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴62685
₴61241
₴48662
₴50894
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
-
-
-
84 000
income
-
-
-
3 943
social contributions
-
-
-
18 480
total
-
-
-
22 423
Employee
13 813
-
72 727
-
income
-
-
4 191
-
social contributions
898
-
4 727
-
total
898
-
8 918
-
Employer
13 813
-
72 727
-
social contributions
2 141
-
11 273
-
total
2 141
-
11 273
-
Corporate
68 046
84 000
-
-
income
6 805
8 400
-
-
total
6 805
8 400
-
-
Dividends
61 241
75 600
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
9 844
8 400
20 191
22 423
After tax
74 156
75 600
63 809
61 577
Living cost
12 915
12 915
12 915
12 915
Free-cash
61 241
62 685
50 894
48 662

Estimated living cost  is ₴12915 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴9614
-₴9614
₴28368
-₴9614
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
-
-
-
84 000
municipal
-
-
-
17 745
pensions
-
-
-
372
national
-
-
-
10 132
labour market
-
-
-
6 690
total
-
-
-
34 939
Employee
87 338
87 338
87 338
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 338
87 338
87 338
-
labour market
6 987
6 987
6 987
-
municipal
18 628
18 628
18 628
-
pensions
248
248
248
-
national
10 689
10 689
10 689
-
total
36 552
36 552
36 552
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
72 921
72 921
72 921
34 939
After tax
11 079
11 079
11 079
49 061
Living cost
20 693
20 693
20 693
20 693
Free-cash
-9 614
-9 614
-9 614
28 368

Estimated living cost  is ₴20693 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4382
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
-₴2486
₴5379
₴48102
₴36635
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
-
-
-
84 000
accident
-
-
-
108
income
-
-
-
23 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
26 608
Employee
14 614
-
76 141
-
health
1 673
-
8 718
-
income
2 005
-
18 227
-
pensions
1 646
-
3 270
-
total
5 324
-
30 215
-
Employer
14 614
-
76 141
-
accident
244
-
1 272
-
unemployment
358
-
1 866
-
pensions
2 376
-
4 722
-
total
2 978
-
7 860
-
Corporate
66 407
84 000
-
-
income

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

59 767
75 600
-
-
total
59 767
75 600
-
-
Dividends
6 641
8 400
-
-
withholding
1 262
1 596
-
-
total
1 262
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
69 331
77 196
38 075
26 608
After tax
14 669
6 804
45 925
57 392
Living cost
9 290
9 290
9 290
9 290
Free-cash
5 379
-2 486
36 635
48 102

Estimated living cost  is ₴9290 per week

₴6762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴35623
₴36902
₴36475
₴26853
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

-
-
-
84 000
municipal
-
-
-
14 919
health
-
-
-
1 115
national
-
-
-
14 995
total
-
-
-
31 029
Employee
22 605
-
70 666
-
health
169
-
909
-
municipal
3 703
-
11 507
-
pensions
1 526
-
4 770
-
unemployment
339
-
1 060
-
national
373
-
9 071
-
total
6 110
-
27 317
-
Employer
22 605
-
70 666
-
accident
23
-
71
-
unemployment
147
-
459
-
pensions
3 922
-
12 260
-
health
174
-
544
-
total
4 266
-
13 334
-
Corporate
57 130
84 000
-
-
income
11 426
16 800
-
-
total
11 426
16 800
-
-
Dividends

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

34 278
50 400
-
-
national
2 630
6 009
-
-
municipal
6 170
9 072
-
-
total
8 800
15 081
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 602
31 881
40 651
31 029
After tax
53 398
52 119
43 349
52 971
Living cost
16 496
16 496
16 496
16 496
Free-cash
36 902
35 623
26 853
36 475

Estimated living cost  is ₴16496 per week

₴10775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴51304
₴48966
₴47050
₴46334
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
-
-
-
84 000
income
-
-
-
17 908
health
-
-
-
2 142
social contributions
-
-
-
6 952
total
-
-
-
27 002
Employee
33 039
33 039
78 843
-
social contributions
1 249
2 742
3 698
-
health
256
562
1 340
-
income
3 597
3 058
17 523
-
total
5 102
6 362
22 561
-
Employer
33 039
33 039
78 843
-
social contributions
1 249
2 742
3 698
-
health
278
612
1 459
-
total
1 527
3 354
5 157
-
Corporate
67 423
47 608
-
-
income
8 428
5 951
-
-
total
8 428
5 951
-
-
Dividends
58 995
41 657
-
-
withholding
10 029
7 081
-
-
total
10 029
7 081
-
-
Income
84 000
84 000
84 000
84 000
Total tax
25 086
22 748
27 718
27 002
After tax
58 914
61 252
56 282
56 998
Living cost
9 948
9 948
9 948
9 948
Free-cash
48 966
51 304
46 334
47 050

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴62738
₴60553
₴64263
₴55645
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
-
-
-
84 000
income
-
-
-
8 615
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
12 915
Employee

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

9 862
-
79 801
-
health
838
-
3 465
-
income
674
-
7 550
-
pensions
1 479
-
6 115
-
unemployment
49
-
204
-
total
3 040
-
17 334
-
Employer

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

9 862
-
79 801
-
unemployment
49
-
204
-
pensions
542
-
2 242
-
health
424
-
1 753
-
total
1 015
-
4 199
-
Corporate
73 123
84 000
-
-
income
6 581
7 560
-
-
total
6 581
7 560
-
-
Dividends
66 542
76 440
-
-
withholding
5 989
6 880
-
-
total
5 989
6 880
-
-
Income
84 000
84 000
84 000
84 000
Total tax
16 625
14 440
21 533
12 915
After tax
67 375
69 560
62 467
71 085
Living cost
6 822
6 822
6 822
6 822
Free-cash
60 553
62 738
55 645
64 263

Estimated living cost  is ₴6822 per week

₴4352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴44076
₴42179
₴35232
₴33430
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
-
-
-
84 000
accident
-
-
-
359
income
-
-
-
25 005
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
36 953
Employee
15 887
-
71 304
-
other
15
-
40
-
income
3 063
-
23 530
-
pensions
747
-
1 872
-
unemployment
246
-
617
-
total
4 071
-
26 059
-
Employer
15 887
-
71 304
-
accident
315
-
788
-
other
127
-
319
-
unemployment
874
-
2 190
-
pensions
3 749
-
9 399
-
total
5 065
-
12 696
-
Corporate
63 048
84 000
-
-
income

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

9 457
12 600
-
-
total
9 457
12 600
-
-
Dividends
53 591
71 400
-
-
withholding
11 413
15 509
-
-
total
11 413
15 509
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 006
28 109
38 755
36 953
After tax
53 994
55 891
45 245
47 047
Living cost
11 815
11 815
11 815
11 815
Free-cash
42 179
44 076
33 430
35 232

Estimated living cost  is ₴11815 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴51239
₴51045
₴52732
₴52648
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
-
-
-
84 000
income
-
-
-
28 611
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
30 091
Employee
1 792
-
83 035
-
health
90
-
215
-
income
347
-
28 565
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
616
-
29 209
-
Employer
1 792
-
83 035
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
408
-
total
403
-
966
-
Corporate
81 805
84 000
-
-
income
17 997
18 480
-
-
total
17 997
18 480
-
-
Dividends
63 808
65 520
-
-
withholding
12 762
13 104
-
-
total
12 762
13 104
-
-
Income
84 000
84 000
84 000
84 000
Total tax
31 778
31 584
30 175
30 091
After tax
52 222
52 416
53 825
53 909
Living cost
1 177
1 177
1 177
1 177
Free-cash
51 045
51 239
52 648
52 732

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴53260
₴51146
₴45364
₴45364
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.

-
-
-
84 000
income
-
-
-
19 205
pensions
-
-
-
8 255
unemployment
-
-
-
476
health
-
-
-
3 270
total
-
-
-
31 206
Employee

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

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

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

11 204
-
78 316
-
health
577
-
1 635
-
income
1 544
-
19 205
-
pensions
1 569
-
4 445
-
unemployment
84
-
238
-
total
3 774
-
25 523
-
Employer

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

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

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

11 204
-
78 316
-
unemployment
84
-
238
-
pensions
1 344
-
3 810
-
health
577
-
1 635
-
total
2 005
-
5 683
-
Corporate
70 790
84 000
-
-
income
10 619
12 600
-
-
total
10 619
12 600
-
-
Dividends
60 172
71 400
-
-
withholding
9 026
10 710
-
-
total
9 026
10 710
-
-
Income
84 000
84 000
84 000
84 000
Total tax
25 424
23 310
31 206
31 206
After tax
58 576
60 690
52 794
52 794
Living cost
7 430
7 430
7 430
7 430
Free-cash
51 146
53 260
45 364
45 364

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴36196
₴36041
₴32869
₴26501
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.

-
-
-
84 000
income
-
-
-
10 358
surtax
-
-
-
-
social contributions

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

-
-
-
29 190
total
-
-
-
39 548
Employee
16 676
-
67 879
-
social contributions
1 835
-
7 467
-
surtax
-
-
-
-
income
3 258
-
22 328
-
total
5 093
-
29 795
-
Employer
16 676
-
67 879
-
social contributions
3 960
-
16 121
-
total
3 960
-
16 121
-
Corporate
63 364
84 000
-
-
surtax
-
-
-
-
income
13 307
17 640
-
-
total
13 307
17 640
-
-
Dividends
50 057
66 360
-
-
withholding
14 016
18 581
-
-
total
14 016
18 581
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 376
36 221
45 916
39 548
After tax
47 624
47 779
38 084
44 452
Living cost
11 583
11 583
11 583
11 583
Free-cash
36 041
36 196
26 501
32 869

Estimated living cost  is ₴11583 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴40791
₴37981
₴31947
₴30145
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
-
-
-
84 000
accident
-
-
-
359
income
-
-
-
25 005
pensions
-
-
-
11 270
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
36 953
Employee
20 750
-
71 304
-
other
20
-
40
-
income
4 334
-
23 530
-
pensions
975
-
1 872
-
unemployment
321
-
617
-
total
5 650
-
26 059
-
Employer
20 750
-
71 304
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 190
-
pensions
4 897
-
9 399
-
total
6 615
-
12 696
-
Corporate
56 634
84 000
-
-
income

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

8 495
12 600
-
-
total
8 495
12 600
-
-
Dividends
48 139
71 400
-
-
withholding
10 159
15 509
-
-
total
10 159
15 509
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 919
28 109
38 755
36 953
After tax
53 081
55 891
45 245
47 047
Living cost
15 100
15 100
15 100
15 100
Free-cash
37 981
40 791
30 145
31 947

Estimated living cost  is ₴15100 per week

₴10844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴64430
₴61811
₴60003
₴63387
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
-
-
-
84 000
income
-
-
-
12 600
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
16 607
Employee
9 786
-
81 056
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
income
979
-
8 106
-
pensions

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

859
-
1 318
-
total
2 396
-
10 279
-
Employer
9 786
-
81 056
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 654
-
health
675
-
1 035
-
total
1 920
-
2 944
-
Corporate
72 294
84 000
-
-
income
7 230
8 400
-
-
total
7 230
8 400
-
-
Dividends
65 065
75 600
-
-
withholding
3 253
3 780
-
-
total
3 253
3 780
-
-
Income
84 000
84 000
84 000
84 000
Total tax
14 799
12 180
13 223
16 607
After tax
69 201
71 820
70 777
67 393
Living cost
7 390
7 390
7 390
7 390
Free-cash
61 811
64 430
63 387
60 003

Estimated living cost  is ₴7390 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₴26629
₴32250
₴26923
₴36110
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.

-
-
-
84 000
trade
-
-
-
9 187
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.

-
-
-
26 888
health

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

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

-
-
-
2 935
surtax

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

-
-
-
1 479
total
-
-
-
40 489
Employee

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

21 378
-
84 000
-
health

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

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

2 935
-
2 935
-
surtax

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

97
-
1 479
-
income

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

1 758
-
26 888
-
total
4 790
-
31 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 622
84 000
-
-
surtax

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

517
693
-
-
income
9 393
12 600
-
-
trade
8 986
12 054
-
-
chamber of commerce
157
188
-
-
total
19 053
25 535
-
-
Dividends
43 569
58 465
-
-
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.

590
795
-
-
withholding
10 729
14 453
-
-
total
11 319
15 248
-
-
Income
84 000
84 000
84 000
84 000
Total tax
35 162
40 783
31 302
40 489
After tax
48 838
43 217
52 698
43 511
Living cost
16 588
16 588
16 588
16 588
Free-cash
32 250
26 629
36 110
26 923

Estimated living cost  is ₴16588 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴34325
₴35273
₴18820
₴18820
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
-
-
-
84 000
income
-
-
-
26 498
social contributions
-
-
-
14 207
total
-
-
-
40 705
Employee
33 609
-
84 000
-
income
6 342
-
26 498
-
social contributions
2 792
-
14 207
-
total
9 134
-
40 705
-
Employer
33 609
-
84 000
-
total
-
-
-
-
Corporate
50 391
84 000
-
-
income
6 299
10 500
-
-
total
6 299
10 500
-
-
Dividends
44 093
73 500
-
-
withholding
8 819
14 700
-
-
total
8 819
14 700
-
-
Income
84 000
84 000
84 000
84 000
Total tax
24 252
25 200
40 705
40 705
After tax
59 748
58 800
43 295
43 295
Living cost
24 475
24 475
24 475
24 475
Free-cash
35 273
34 325
18 820
18 820

Estimated living cost  is ₴24475 per week

₴18620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₴36733
₴38234
₴52924
₴43622
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.

-
-
-
84 000
income
-
-
-
12 600
health

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

-
-
-
2 879
total
-
-
-
15 479
Employee
19 710
-
82 024
-
income
2 139
-
20 829
-
social contributions
1 975
-
1 976
-
total
4 114
-
22 805
-
Employer
19 710
-
82 024
-
social contributions
1 975
-
1 976
-
total
1 975
-
1 976
-
Corporate
62 315
84 000
-
-
income
21 810
29 400
-
-
total
21 810
29 400
-
-
Dividends
40 505
54 600
-
-
social contributions
2 270
2 270
-
-
total
2 270
2 270
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 169
31 670
24 781
15 479
After tax
53 831
52 330
59 219
68 521
Living cost
15 597
15 597
15 597
15 597
Free-cash
38 234
36 733
43 622
52 924

Estimated living cost  is ₴15597 per week

₴10273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴38137
₴40679
₴39129
₴31574
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
-
-
-
84 000
income
-
-
-
24 899
pensions
-
-
-
4 030
total
-
-
-
28 929
Employee
21 882
-
73 301
-
health
285
-
1 030
-
income
3 985
-
19 862
-
pensions
1 670
-
4 894
-
total
5 940
-
25 786
-
Employer
21 882
-
73 301
-
pensions
2 211
-
9 306
-
health
416
-
1 392
-
total
2 627
-
10 698
-
Corporate
59 491
84 000
-
-
income

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

11 303
15 960
-
-
total
11 303
15 960
-
-
Dividends
48 188
68 040
-
-
withholding
7 509
13 961
-
-
total
7 509
13 961
-
-
Income
84 000
84 000
84 000
84 000
Total tax
27 379
29 921
36 484
28 929
After tax
56 621
54 079
47 516
55 071
Living cost
15 942
15 942
15 942
15 942
Free-cash
40 679
38 137
31 574
39 129

Estimated living cost  is ₴15942 per week

₴10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴3406
₴5240
₴47182
₴35715
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
-
-
-
84 000
accident
-
-
-
108
income
-
-
-
23 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
26 608
Employee
16 061
-
76 141
-
health
1 839
-
8 718
-
income
2 203
-
18 227
-
pensions
1 808
-
3 270
-
total
5 850
-
30 215
-
Employer
16 061
-
76 141
-
accident
268
-
1 272
-
unemployment
393
-
1 866
-
pensions
2 611
-
4 722
-
total
3 272
-
7 860
-
Corporate
64 666
84 000
-
-
income

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

58 199
75 600
-
-
total
58 199
75 600
-
-
Dividends
6 467
8 400
-
-
withholding
1 229
1 596
-
-
total
1 229
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
68 550
77 196
38 075
26 608
After tax
15 450
6 804
45 925
57 392
Living cost
10 210
10 210
10 210
10 210
Free-cash
5 240
-3 406
35 715
47 182

Estimated living cost  is ₴10210 per week

₴7493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴58457
₴62875
₴45328
₴54775
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.

-
-
-
84 000
work injury
-
-
-
344
health insurance
-
-
-
5 084
income
-
-
-
13 975
pensions
-
-
-
12 642
unemployment
-
-
-
824
total
-
-
-
32 869
Employee

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

9 285
-
84 000
-
work injury
46
-
172
-
income
928
-
13 975
-
pensions
1 708
-
6 321
-
health insurance
687
-
2 542
-
unemployment
111
-
412
-
total
3 480
-
23 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 715
84 000
-
-
income

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

747
8 400
-
-
total
747
8 400
-
-
Dividends
73 968
75 600
-
-
withholding
11 095
11 340
-
-
total
11 095
11 340
-
-
Income
84 000
84 000
84 000
84 000
Total tax
15 322
19 740
23 422
32 869
After tax
68 678
64 260
60 578
51 131
Living cost
5 803
5 803
5 803
5 803
Free-cash
62 875
58 457
54 775
45 328

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴27128
₴25176
₴21574
₴17933
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
-
-
-
84 000
municipal
-
-
-
563
regional
-
-
-
1 938
national
-
-
-
21 304
social contributions
-
-
-
21 504
total
-
-
-
45 309
Employee
36 206
-
84 000
-
social contributions
12 208
-
28 193
-
regional
547
-
1 720
-
municipal
216
-
502
-
national
6 118
-
18 535
-
total
19 089
-
48 950
-
Employer
36 206
-
84 000
-
total
-
-
-
-
Corporate
47 794
84 000
-
-
nationa
11 470
20 160
-
-
municipal
2 303
4 049
-
-
total
13 773
24 209
-
-
Dividends
34 021
59 791
-
-
withholding
8 845
15 546
-
-
total
8 845
15 546
-
-
Income
84 000
84 000
84 000
84 000
Total tax
41 707
39 755
48 950
45 309
After tax
42 293
44 245
35 050
38 691
Living cost
17 117
17 117
17 117
17 117
Free-cash
25 176
27 128
17 933
21 574

Estimated living cost  is ₴17117 per week

₴12023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close