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
₴ 84500
per

Your estimated
City
free-cash

Dresden , Germany
₴38595
₴27106
₴29039
₴32775
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.

-
-
-
84 500
health

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

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

-
-
-
3 501
income

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

-
-
-
25 480
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.

-
-
-
1 401
trade
-
-
-
9 556
total
-
-
-
39 938
Employee

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

19 602
-
84 500
-
surtax

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

30
-
1 401
-
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.

548
-
25 480
-
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.

3 501
-
3 501
-
total
4 079
-
30 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 898
84 500
-
-
chamber of commerce
171
199
-
-
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.

535
697
-
-
trade
10 222
13 308
-
-
income
9 734
12 675
-
-
total
20 662
26 879
-
-
Dividends
44 236
57 620
-
-
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.

597
782
-
-
withholding
10 864
14 210
-
-
total
11 461
14 992
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 202
41 871
30 382
39 938
After tax
48 298
42 629
54 118
44 562
Living cost
15 523
15 523
15 523
15 523
Free-cash
32 775
27 106
38 595
29 039

Estimated living cost  is ₴15523 per week

₴9764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3659
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
₴23583
₴25622
₴22920
₴25171
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
-
-
-
84 500
social contributions
-
-
-
908
pensions
-
-
-
10 140
national
-
-
-
14 238
municipal
-
-
-
9 188
total
-
-
-
34 474
Employee
42 019
-
73 049
-
municipal
5 190
-
9 515
-
national
8 042
-
14 745
-
pensions
1 681
-
2 922
-
total
14 913
-
27 182
-
Employer
42 019
-
73 049
-
pensions
3 362
-
5 844
-
social contributions
452
-
785
-
total
3 814
-
6 629
-
Corporate
35 894
84 500
-
-
income

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

7 179
16 900
-
-
total
7 179
16 900
-
-
Dividends
28 715
67 600
-
-
withholding
6 317
14 872
-
-
total
6 317
14 872
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 223
31 772
33 811
34 474
After tax
52 277
52 728
50 689
50 026
Living cost
27 106
27 106
27 106
27 106
Free-cash
25 171
25 622
23 583
22 920

Estimated living cost  is ₴27106 per week

₴18424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴406
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.
₴5757
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
₴24043
₴56938
₴18001
₴52733
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.

-
-
-
84 500
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.

-
-
-
19 636
income
-
-
-
14 653
surtax
-
-
-
21 548
microenterprise
-
-
-
-
total
-
-
-
55 837
Employee
14 975
-
62 870
-
surtax
-
-
9 116
-
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.

1 648
-
6 718
-
income
2 666
-
12 331
-
total
4 314
-
28 165
-
Employer
14 975
-
62 870
-
surtax
-
-
6 916
-
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.

3 607
-
14 714
-
total
3 607
-
21 630
-
Corporate
65 917
84 500
-
-
income

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

13 184
16 900
-
-
total
13 184
16 900
-
-
Dividends

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

52 734
67 600
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
21 105
16 900
49 795
55 837
After tax
63 395
67 600
34 705
28 663
Living cost
10 662
10 662
10 662
10 662
Free-cash
52 733
56 938
24 043
18 001

Estimated living cost  is ₴10662 per week

₴6802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2603
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
₴30697
₴20279
₴25583
₴17140
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
-
-
-
84 500
health
-
-
-
6 320
income
-
-
-
25 123
pensions
-
-
-
6 005
total
-
-
-
37 448
Employee
43 765
43 765
74 976
-
income

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

7 164
7 164
10 485
-
pensions
7 878
6 005
6 005
-
health
6 717
5 714
6 320
-
total
21 759
18 883
22 810
-
Employer
43 765
43 765
74 976
-
unemployment
1 576
1 576
1 958
-
health
3 042
3 042
3 780
-
pensions
3 046
3 046
3 786
-
total
7 664
7 664
9 524
-
Corporate
33 608
33 071
-
-
income
6 721
6 614
-
-
total
6 721
6 614
-
-
Dividends
26 887
26 457
-
-
income
5 714
5 622
-
-
withholding
4 033
3 969
-
-
total
9 747
9 591
-
-
Income
84 500
84 500
84 500
84 500
Total tax
45 891
42 752
32 334
37 448
After tax
38 609
41 748
52 166
47 052
Living cost
21 469
21 469
21 469
21 469
Free-cash
17 140
20 279
30 697
25 583

Estimated living cost  is ₴21469 per week

₴15215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴341
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.
₴3978
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
₴22217
₴24911
₴22731
₴24436
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
-
-
-
84 500
other
-
-
-
5 406
health
-
-
-
2 903
accident
-
-
-
93
pensions
-
-
-
5 029
national
-
-
-
5 886
unemployment
-
-
-
47
municipal
-
-
-
21 179
total
-
-
-
40 543
Employee
30 245
-
69 884
-
municipal
9 019
-
20 839
-
national
-
-
5 601
-
total
9 019
-
26 440
-
Employer
30 245
-
69 884
-
other
3 514
-
5 406
-
unemployment
798
-
1 228
-
health
1 860
-
2 861
-
accident
61
-
93
-
pensions
3 269
-
5 029
-
total
9 502
-
14 617
-
Corporate
44 752
84 500
-
-
income
9 845
18 590
-
-
total
9 845
18 590
-
-
Dividends
34 907
65 910
-
-
withholding
10 472
19 773
-
-
total
10 472
19 773
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 838
38 363
41 057
40 543
After tax
45 662
46 137
43 443
43 957
Living cost
21 226
21 226
21 226
21 226
Free-cash
24 436
24 911
22 217
22 731

Estimated living cost  is ₴21226 per week

₴14068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
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.
₴4753
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
₴33985
₴22061
₴24005
₴29263
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.

-
-
-
84 500
health

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

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

-
-
-
3 501
income

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

-
-
-
25 480
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.

-
-
-
1 401
trade
-
-
-
9 980
total
-
-
-
40 362
Employee

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

25 990
-
84 500
-
surtax

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

123
-
1 401
-
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.

2 233
-
25 480
-
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.

3 501
-
3 501
-
total
5 857
-
30 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 510
84 500
-
-
chamber of commerce
161
198
-
-
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.

482
697
-
-
trade
9 625
13 901
-
-
income
8 776
12 675
-
-
total
19 044
27 471
-
-
Dividends
39 465
57 028
-
-
surtax

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

532
773
-
-
withholding
9 671
14 062
-
-
total
10 203
14 835
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 104
42 306
30 382
40 362
After tax
49 396
42 194
54 118
44 138
Living cost
20 133
20 133
20 133
20 133
Free-cash
29 263
22 061
33 985
24 005

Estimated living cost  is ₴20133 per week

₴13465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4244
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
₴40662
₴45039
₴41422
₴42913
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
-
-
-
84 500
social contributions
-
-
-
8 292
health
-
-
-
2 155
income
-
-
-
16 008
total
-
-
-
26 455
Employee
39 408
39 408
78 634
-
social contributions
1 915
3 271
4 412
-
income
4 138
3 648
15 600
-
health
392
670
1 336
-
total
6 445
7 589
21 348
-
Employer
39 408
39 408
78 634
-
health
427
729
1 455
-
social contributions
1 915
3 271
4 412
-
total
2 342
4 000
5 867
-
Corporate
59 090
41 092
-
-
income
7 387
5 136
-
-
total
7 387
5 136
-
-
Dividends
51 704
35 955
-
-
withholding
8 790
6 113
-
-
total
8 790
6 113
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 964
22 838
27 215
26 455
After tax
59 536
61 662
57 285
58 045
Living cost
16 623
16 623
16 623
16 623
Free-cash
42 913
45 039
40 662
41 422

Estimated living cost  is ₴16623 per week

₴11363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3682
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
₴39529
₴38028
₴49081
₴38222
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
-
-
-
84 500
health
-
-
-
5 915
income
-
-
-
10 330
pensions
-
-
-
8 450
unemployment
-
-
-
1 268
total
-
-
-
25 963
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.

13 650
5 433
70 711
-
income
1 669
664
8 644
-
pensions
1 365
543
7 071
-
health
956
380
4 950
-
unemployment
205
81
1 061
-
total
4 195
1 668
21 726
-
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.

13 650
5 433
70 711
-
pensions
2 662
1 059
13 789
-
total
2 662
1 059
13 789
-
Corporate
68 188
78 008
-
-
income
6 137
7 021
-
-
total
6 137
7 021
-
-
Dividends
62 051
70 987
-
-
social contributions
12 038
13 780
-
-
withholding
11 790
13 488
-
-
total
23 828
27 268
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 822
37 016
35 515
25 963
After tax
47 678
47 484
48 985
58 537
Living cost
9 456
9 456
9 456
9 456
Free-cash
38 222
38 028
39 529
49 081

Estimated living cost  is ₴9456 per week

₴6453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2041
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
₴36328
₴55221
₴32913
₴52036
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
-
-
-
84 500
health
-
-
-
10 985
income
-
-
-
11 323
pensions
-
-
-
16 900
total
-
-
-
39 208
Employee
14 539
-
63 152
-
income
1 637
-
12 175
-
pensions
291
-
1 263
-
unemployment
232
-
1 010
-
total
2 160
-
14 448
-
Employer
14 539
-
63 152
-
unemployment
117
-
505
-
health
1 890
-
8 209
-
pensions
2 908
-
12 631
-
total
4 915
-
21 345
-
Corporate
65 047
84 500
-
-
income
13 010
16 900
-
-
total
13 010
16 900
-
-
Dividends
52 037
67 600
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
20 085
16 900
35 793
39 208
After tax
64 415
67 600
48 707
45 292
Living cost
12 379
12 379
12 379
12 379
Free-cash
52 036
55 221
36 328
32 913

Estimated living cost  is ₴12379 per week

₴8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
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.
₴2902
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
₴34321
-₴4509
₴46434
₴5104
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
-
-
-
84 500
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
23 118
pensions
-
-
-
2 147
total
-
-
-
26 712
Employee
17 861
-
75 696
-
income
2 450
-
17 417
-
pensions
2 011
-
3 937
-
health
2 045
-
8 667
-
total
6 506
-
30 021
-
Employer
17 861
-
75 696
-
unemployment
438
-
1 854
-
accident
298
-
1 264
-
pensions
2 904
-
5 686
-
total
3 640
-
8 804
-
Corporate
62 999
84 500
-
-
income

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

56 699
76 050
-
-
total
56 699
76 050
-
-
Dividends
6 300
8 450
-
-
withholding
1 197
1 605
-
-
total
1 197
1 605
-
-
Income
84 500
84 500
84 500
84 500
Total tax
68 042
77 655
38 825
26 712
After tax
16 458
6 845
45 675
57 788
Living cost
11 354
11 354
11 354
11 354
Free-cash
5 104
-4 509
34 321
46 434

Estimated living cost  is ₴11354 per week

₴8322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴629
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.
₴2167
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
₴63343
₴76018
₴79398
₴75220
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%.

-
-
-
84 500
microenterprise

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

-
-
-
845
total
-
-
-
845
Employee
5 321
-
84 500
-
income
1 064
-
16 900
-
total
1 064
-
16 900
-
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%.

79 179
84 500
-
-
total
-
-
-
-
Dividends
79 179
84 500
-
-
withholding
3 959
4 225
-
-
total
3 959
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
5 023
4 225
16 900
845
After tax
79 477
80 275
67 600
83 655
Living cost
4 257
4 257
4 257
4 257
Free-cash
75 220
76 018
63 343
79 398

Estimated living cost  is ₴4257 per week

₴2638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1148
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
₴34373
₴48426
₴32512
₴44964
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
-
-
-
84 500
other
-
-
-
3 702
health
-
-
-
3 429
income
-
-
-
12 497
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.

-
-
-
18 704
total
-
-
-
38 332
Employee
18 608
-
67 492
-
income
3 204
-
13 118
-
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.

1 302
-
4 725
-
health
261
-
945
-
unemployment
186
-
675
-
total
4 953
-
19 463
-
Employer
18 608
-
67 492
-
other
931
-
3 374
-
unemployment
186
-
675
-
health
261
-
945
-
accident
149
-
540
-
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.

3 164
-
11 474
-
total
4 691
-
17 008
-
Corporate
61 202
84 500
-
-
income
12 852
17 745
-
-
total
12 852
17 745
-
-
Dividends
48 350
66 755
-
-
withholding
3 384
4 673
-
-
total
3 384
4 673
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 880
22 418
36 471
38 332
After tax
58 620
62 082
48 029
46 168
Living cost
13 656
13 656
13 656
13 656
Free-cash
44 964
48 426
34 373
32 512

Estimated living cost  is ₴13656 per week

₴9649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴922
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.
₴2865
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
₴14625
₴21759
₴22303
₴22163
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
-
-
-
84 500
income
-
-
-
23 575
pensions
-
-
-
4 485
total
-
-
-
28 060
Employee
48 299
-
73 866
-
income
8 706
-
18 456
-
health
796
-
1 092
-
pensions
4 660
-
5 556
-
total
14 162
-
25 104
-
Employer
48 299
-
73 866
-
health
917
-
1 403
-
pensions
5 703
-
9 231
-
total
6 620
-
10 634
-
Corporate
29 581
84 500
-
-
income

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

5 621
16 055
-
-
total
5 621
16 055
-
-
Dividends
23 960
68 445
-
-
withholding
1 797
12 549
-
-
total
1 797
12 549
-
-
Income
84 500
84 500
84 500
84 500
Total tax
28 200
28 604
35 738
28 060
After tax
56 300
55 896
48 762
56 440
Living cost
34 137
34 137
34 137
34 137
Free-cash
22 163
21 759
14 625
22 303

Estimated living cost  is ₴34137 per week

₴25580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4011
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.
₴4269
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
₴63677
₴65581
₴60417
₴63219
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
-
-
-
84 500
health
-
-
-
2 042
income
-
-
-
12 675
pensions

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

-
-
-
2 629
unemployment
-
-
-
71
total
-
-
-
17 417
Employee
8 827
-
81 016
-
income
883
-
8 102
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

775
-
1 559
-
health
406
-
817
-
total
2 161
-
10 673
-
Employer
8 827
-
81 016
-
unemployment
53
-
107
-
health
609
-
1 225
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

973
-
1 957
-
total
1 732
-
3 484
-
Corporate
73 941
84 500
-
-
income
7 394
8 450
-
-
total
7 394
8 450
-
-
Dividends
66 547
76 050
-
-
withholding
3 328
3 803
-
-
total
3 328
3 803
-
-
Income
84 500
84 500
84 500
84 500
Total tax
14 615
12 253
14 157
17 417
After tax
69 885
72 247
70 343
67 083
Living cost
6 666
6 666
6 666
6 666
Free-cash
63 219
65 581
63 677
60 417

Estimated living cost  is ₴6666 per week

₴3892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2122
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
₴23747
₴13329
₴18633
₴14618
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
-
-
-
84 500
health
-
-
-
6 320
income
-
-
-
25 123
pensions
-
-
-
6 005
total
-
-
-
37 448
Employee
47 515
43 765
74 976
-
income

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

7 164
7 164
10 485
-
pensions
6 005
6 005
6 005
-
health
5 928
5 714
6 320
-
total
19 097
18 883
22 810
-
Employer
47 515
43 765
74 976
-
unemployment
1 711
1 576
1 958
-
health
3 302
3 042
3 780
-
pensions
3 307
3 046
3 786
-
total
8 320
7 664
9 524
-
Corporate
28 666
33 071
-
-
income
5 733
6 614
-
-
total
5 733
6 614
-
-
Dividends
22 933
26 457
-
-
income
4 873
5 622
-
-
withholding
3 440
3 969
-
-
total
8 313
9 591
-
-
Income
84 500
84 500
84 500
84 500
Total tax
41 463
42 752
32 334
37 448
After tax
43 037
41 748
52 166
47 052
Living cost
28 419
28 419
28 419
28 419
Free-cash
14 618
13 329
23 747
18 633

Estimated living cost  is ₴28419 per week

₴20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
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.
₴4591
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
₴30416
₴45539
₴34031
₴41030
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
-
-
-
84 500
social contributions
-
-
-
18 187
health
-
-
-
11 407
income
-
-
-
8 236
solidarity contribution
-
-
-
-
total
-
-
-
37 830
Employee
18 587
-
63 238
-
social contributions
1 208
-
4 048
-
solidarity contribution
-
-
-
-
income
2 230
-
7 598
-
health
2 509
-
8 537
-
total
5 947
-
20 183
-
Employer
18 587
-
63 238
-
health
1 673
-
5 691
-
social contributions
4 647
-
15 571
-
total
6 320
-
21 262
-
Corporate
59 594
84 500
-
-
income
11 323
16 055
-
-
total
11 323
16 055
-
-
Dividends
48 271
68 445
-
-
withholding
7 241
10 267
-
-
total
7 241
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 831
26 322
41 445
37 830
After tax
53 669
58 178
43 055
46 670
Living cost
12 639
12 639
12 639
12 639
Free-cash
41 030
45 539
30 416
34 031

Estimated living cost  is ₴12639 per week

₴8779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴899
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.
₴2712
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
₴15280
₴23459
₴19098
₴20784
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
-
-
-
84 500
social contributions
-
-
-
21 734
national
-
-
-
20 550
regional
-
-
-
991
municipal
-
-
-
502
total
-
-
-
43 777
Employee
45 547
-
84 500
-
social contributions
15 359
-
28 493
-
municipal
241
-
448
-
national
7 892
-
17 779
-
regional
430
-
875
-
total
23 922
-
47 595
-
Employer
45 547
-
84 500
-
total
-
-
-
-
Corporate
38 953
84 500
-
-
nationa
9 348
20 280
-
-
municipal
1 519
3 295
-
-
total
10 867
23 575
-
-
Dividends
28 085
60 925
-
-
withholding
7 302
15 841
-
-
total
7 302
15 841
-
-
Income
84 500
84 500
84 500
84 500
Total tax
42 091
39 416
47 595
43 777
After tax
42 409
45 084
36 905
40 723
Living cost
21 625
21 625
21 625
21 625
Free-cash
20 784
23 459
15 280
19 098

Estimated living cost  is ₴21625 per week

₴15075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴4801
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
₴25557
₴41842
₴28753
₴40245
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
-
-
-
84 500
other
-
-
-
-
health
-
-
-
4 856
income
-
-
-
22 435
pensions
-
-
-
13 680
surtax
-
-
-
3 350
unemployment
-
-
-
117
total
-
-
-
44 438
Employee
16 948
-
70 102
-
surtax
55
-
2 800
-
income
2 841
-
19 369
-
other
-
-
-
-
pensions
1 130
-
4 562
-
health
433
-
1 744
-
unemployment
1 180
-
4 761
-
total
5 639
-
33 236
-
Employer
16 948
-
70 102
-
other
-
-
-
-
unemployment
537
-
2 168
-
health
771
-
3 112
-
pensions
2 259
-
9 118
-
total
3 567
-
14 398
-
Corporate
63 985
84 500
-
-
income
16 637
21 970
-
-
total
16 637
21 970
-
-
Dividends
47 348
62 530
-
-
withholding
7 103
9 379
-
-
total
7 103
9 379
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 946
31 349
47 634
44 438
After tax
51 554
53 151
36 866
40 062
Living cost
11 309
11 309
11 309
11 309
Free-cash
40 245
41 842
25 557
28 753

Estimated living cost  is ₴11309 per week

₴6915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1044
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3090
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
₴25440
₴32574
₴33118
₴35946
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
-
-
-
84 500
income
-
-
-
23 575
pensions
-
-
-
4 485
total
-
-
-
28 060
Employee
32 369
-
73 866
-
income
5 830
-
18 456
-
health
470
-
1 092
-
pensions
2 747
-
5 556
-
total
9 047
-
25 104
-
Employer
32 369
-
73 866
-
health
615
-
1 403
-
pensions
3 504
-
9 231
-
total
4 119
-
10 634
-
Corporate
48 013
84 500
-
-
income

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

9 122
16 055
-
-
total
9 122
16 055
-
-
Dividends
38 890
68 445
-
-
withholding
2 944
12 549
-
-
total
2 944
12 549
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 232
28 604
35 738
28 060
After tax
59 268
55 896
48 762
56 440
Living cost
23 322
23 322
23 322
23 322
Free-cash
35 946
32 574
25 440
33 118

Estimated living cost  is ₴23322 per week

₴17472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3857
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
₴23552
-₴2664
₴27657
₴15008
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
-
-
-
84 500
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.

-
-
-
1 690
health
-
-
-
190
pensions
-
-
-
7 774
city
-
-
-
891
national
-
-
-
1 101
regional
-
-
-
3 893
total
-
-
-
15 539
Employee
48 337
-
75 633
-
national
229
-
906
-
city
519
-
813
-
pensions
4 061
-
6 352
-
health
109
-
170
-
regional
1 583
-
3 368
-
unemployment
-
-
-
-
total
6 501
-
11 609
-
Employer
48 337
-
75 633
-
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.

966
-
1 513
-
unemployment
-
-
-
-
health
109
-
170
-
pensions
4 061
-
6 352
-
total
5 136
-
8 035
-
Corporate
30 495
84 500
-
-
regional
6 450
17 872
-
-
national
2 592
7 183
-
-
total
9 042
25 055
-
-
Dividends
21 454
59 445
-
-
withholding
7 509
20 805
-
-
total
7 509
20 805
-
-
Income
84 500
84 500
84 500
84 500
Total tax
28 188
45 860
19 644
15 539
After tax
56 312
38 640
64 856
68 961
Living cost
41 304
41 304
41 304
41 304
Free-cash
15 008
-2 664
23 552
27 657

Estimated living cost  is ₴41304 per week

₴26860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴507
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.
₴10231
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
₴30640
₴18282
₴20235
₴26592
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.

-
-
-
84 500
health

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

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

-
-
-
3 501
income

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

-
-
-
25 480
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.

-
-
-
1 401
trade
-
-
-
10 405
total
-
-
-
40 787
Employee

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

30 800
-
84 500
-
surtax

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

199
-
1 401
-
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.

3 622
-
25 480
-
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.

3 501
-
3 501
-
total
7 322
-
30 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 700
84 500
-
-
chamber of commerce
154
196
-
-
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.

443
697
-
-
trade
9 209
14 492
-
-
income
8 055
12 675
-
-
total
17 861
28 060
-
-
Dividends
35 839
56 439
-
-
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.

482
765
-
-
withholding
8 765
13 915
-
-
total
9 247
14 680
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 430
42 740
30 382
40 787
After tax
50 070
41 760
54 118
43 713
Living cost
23 478
23 478
23 478
23 478
Free-cash
26 592
18 282
30 640
20 235

Estimated living cost  is ₴23478 per week

₴17147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4148
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
₴29543
₴25054
₴30178
₴28081
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
-
-
-
84 500
other
-
-
-
2 619
social contributions
-
-
-
2 408
health
-
-
-
3 393
income
-
-
-
12 751
pensions
-
-
-
15 617
surtax
-
-
-
-
total
-
-
-
36 788
Employee
21 934
-
65 800
-
surtax
-
-
-
-
social contributions
625
-
1 874
-
income
1 294
-
12 440
-
pensions
2 480
-
4 409
-
total
4 399
-
18 723
-
Employer
21 934
-
65 800
-
other
757
-
2 496
-
unemployment
888
-
2 665
-
health
1 536
-
5 890
-
pensions
3 603
-
7 452
-
social contributions
66
-
197
-
total
6 850
-
18 700
-
Corporate
55 716
84 500
-
-
surtax
-
-
-
-
income
15 601
23 660
-
-
total
15 601
23 660
-
-
Dividends
40 116
60 840
-
-
social contributions
6 900
10 465
-
-
surtax
-
-
-
-
withholding
5 135
7 787
-
-
total
12 035
18 252
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 885
41 912
37 423
36 788
After tax
45 615
42 588
47 077
47 712
Living cost
17 534
17 534
17 534
17 534
Free-cash
28 081
25 054
29 543
30 178

Estimated living cost  is ₴17534 per week

₴11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4755
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
₴31280
₴26791
₴31915
₴29639
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
-
-
-
84 500
other
-
-
-
2 619
social contributions
-
-
-
2 408
health
-
-
-
3 393
income
-
-
-
12 751
pensions
-
-
-
15 617
surtax
-
-
-
-
total
-
-
-
36 788
Employee
19 579
-
65 800
-
surtax
-
-
-
-
social contributions
558
-
1 874
-
income
1 010
-
12 440
-
pensions
2 215
-
4 409
-
total
3 783
-
18 723
-
Employer
19 579
-
65 800
-
other
676
-
2 496
-
unemployment
793
-
2 665
-
health
1 370
-
5 890
-
pensions
3 217
-
7 452
-
social contributions
58
-
197
-
total
6 114
-
18 700
-
Corporate
58 806
84 500
-
-
surtax
-
-
-
-
income
16 465
23 660
-
-
total
16 465
23 660
-
-
Dividends
42 341
60 840
-
-
social contributions
7 282
10 465
-
-
surtax
-
-
-
-
withholding
5 420
7 787
-
-
total
12 702
18 252
-
-
Income
84 500
84 500
84 500
84 500
Total tax
39 064
41 912
37 423
36 788
After tax
45 436
42 588
47 077
47 712
Living cost
15 797
15 797
15 797
15 797
Free-cash
29 639
26 791
31 280
31 915

Estimated living cost  is ₴15797 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4731
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
₴41825
₴40686
₴43398
₴40952
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
-
-
-
84 500
social contributions
-
-
-
11 661
health
-
-
-
5 899
income
-
-
-
12 675
total
-
-
-
30 235
Employee
17 377
-
84 500
-
social contributions
2 398
-
11 661
-
income
2 898
-
14 248
-
health
1 213
-
5 899
-
total
6 509
-
31 808
-
Employer
17 377
-
84 500
-
total
-
-
-
-
Corporate
67 123
84 500
-
-
income

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

3 356
4 225
-
-
total
3 356
4 225
-
-
Dividends
63 767
80 275
-
-
social contributions
8 800
11 078
-
-
withholding
9 565
12 041
-
-
health
4 451
5 603
-
-
total
22 816
28 722
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 681
32 947
31 808
30 235
After tax
51 819
51 553
52 692
54 265
Living cost
10 867
10 867
10 867
10 867
Free-cash
40 952
40 686
41 825
43 398

Estimated living cost  is ₴10867 per week

₴7273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
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.
₴2674
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
₴4269
₴28749
₴25296
₴27958
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
-
-
-
84 500
health
-
-
-
4 580
income
-
-
-
21 908
chamber of commerce
-
-
-
338
pensions
-
-
-
11 076
surtax
-
-
-
101
unemployment
-
-
-
3 143
total
-
-
-
41 146
Employee
25 612
20 424
66 671
-
income
2 916
1 506
17 321
-
other
256
204
599
-
pensions
2 623
2 091
6 131
-
health
991
791
2 317
-
unemployment
768
613
1 796
-
total
7 554
5 205
28 164
-
Employer
25 612
20 424
66 671
-
other
1 217
970
3 109
-
unemployment
768
613
1 796
-
health
968
772
2 263
-
surtax
101
101
101
-
accident
333
266
778
-
pensions
3 214
2 564
7 514
-
payroll
768
613
2 001
-
chamber of commerce
102
82
266
-
total
7 471
5 981
17 828
-
Corporate
51 417
58 097
64 726
-
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.

12 854
14 524
16 181
-
total
12 854
14 524
16 181
-
Dividends
38 562
43 573
-
-
withholding
10 605
11 983
-
-
total
10 605
11 983
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 484
37 693
62 173
41 146
After tax
46 016
46 807
22 327
43 354
Living cost
18 058
18 058
18 058
18 058
Free-cash
27 958
28 749
4 269
25 296

Estimated living cost  is ₴18058 per week

₴12044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4177
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
₴11387
₴28584
₴17911
₴20898
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
-
-
-
84 500
social contributions
-
-
-
12 777
communal

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

-
-
-
4 304
national
-
-
-
30 822
total
-
-
-
47 903
Employee

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

36 659
-
65 448
-
national
11 270
-
23 408
-
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.

2 749
-
4 908
-
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.

1 722
-
3 076
-
communal

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

1 912
-
3 414
-
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.

319
-
569
-
total
17 972
-
35 375
-
Employer

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

36 659
-
65 448
-
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.

535
-
956
-
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.

2 254
-
4 024
-
surtax
4 157
-
7 423
-
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.

477
-
851
-
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.

3 248
-
5 798
-
total
10 671
-
19 052
-
Corporate
37 170
84 500
-
-
surtax
149
338
-
-
income
7 434
16 900
-
-
total
7 583
17 238
-
-
Dividends
29 587
67 261
-
-
withholding

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

8 690
19 992
-
-
total
8 690
19 992
-
-
Income
84 500
84 500
84 500
84 500
Total tax
44 916
37 230
54 427
47 903
After tax
39 584
47 270
30 073
36 597
Living cost
18 686
18 686
18 686
18 686
Free-cash
20 898
28 584
11 387
17 911

Estimated living cost  is ₴18686 per week

₴12036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4724
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
₴26828
₴37886
₴28977
₴34268
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
-
-
-
84 500
other
-
-
-
48
accident
-
-
-
428
income
-
-
-
22 763
pensions
-
-
-
13 443
unemployment
-
-
-
333
total
-
-
-
37 015
Employee
25 511
-
69 356
-
income
5 383
-
21 004
-
other
25
-
48
-
pensions
1 199
-
2 233
-
unemployment
396
-
736
-
total
7 003
-
24 021
-
Employer
25 511
-
69 356
-
other
203
-
380
-
unemployment
1 403
-
2 612
-
accident
505
-
940
-
pensions
6 020
-
11 211
-
total
8 131
-
15 143
-
Corporate
50 858
84 500
-
-
income

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

7 629
12 675
-
-
total
7 629
12 675
-
-
Dividends
43 229
71 825
-
-
withholding
8 961
15 431
-
-
total
8 961
15 431
-
-
Income
84 500
84 500
84 500
84 500
Total tax
31 724
28 106
39 164
37 015
After tax
52 776
56 394
45 336
47 485
Living cost
18 508
18 508
18 508
18 508
Free-cash
34 268
37 886
26 828
28 977

Estimated living cost  is ₴18508 per week

₴13629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3299
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
₴17941
₴21933
₴14573
₴15653
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
-
-
-
84 500
health
-
-
-
5 937
accident
-
-
-
713
income
-
-
-
13 231
pensions
-
-
-
12 666
communal
-
-
-
5 340
surtax
-
-
-
4 189
total
-
-
-
42 076
Employee
38 811
-
75 481
-
surtax
2 379
-
4 625
-
income
3 749
-
15 665
-
pensions
3 104
-
6 039
-
health
1 727
-
3 359
-
total
10 959
-
29 688
-
Employer
38 811
-
75 481
-
health
1 184
-
2 302
-
accident
349
-
679
-
pensions
3 104
-
6 039
-
total
4 637
-
9 020
-
Corporate
41 052
84 500
-
-
surtax
431
887
-
-
income
6 158
12 675
-
-
communal
2 771
5 704
-
-
total
9 360
19 266
-
-
Dividends
31 692
65 234
-
-
income
11 286
5 665
-
-
withholding
4 754
9 785
-
-
total
16 040
15 450
-
-
Income
84 500
84 500
84 500
84 500
Total tax
40 996
34 716
38 708
42 076
After tax
43 504
49 784
45 792
42 424
Living cost
27 851
27 851
27 851
27 851
Free-cash
15 653
21 933
17 941
14 573

Estimated living cost  is ₴27851 per week

₴20892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4976
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
₴25355
₴41640
₴28551
₴40008
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
-
-
-
84 500
other
-
-
-
-
health
-
-
-
4 856
income
-
-
-
22 435
pensions
-
-
-
13 680
surtax
-
-
-
3 350
unemployment
-
-
-
117
total
-
-
-
44 438
Employee
17 259
-
70 102
-
surtax
61
-
2 800
-
income
2 893
-
19 369
-
other
-
-
-
-
pensions
1 152
-
4 562
-
health
441
-
1 744
-
unemployment
1 201
-
4 761
-
total
5 748
-
33 236
-
Employer
17 259
-
70 102
-
other
-
-
-
-
unemployment
548
-
2 168
-
health
785
-
3 112
-
pensions
2 301
-
9 118
-
total
3 634
-
14 398
-
Corporate
63 608
84 500
-
-
income
16 538
21 970
-
-
total
16 538
21 970
-
-
Dividends
47 069
62 530
-
-
withholding
7 061
9 379
-
-
total
7 061
9 379
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 981
31 349
47 634
44 438
After tax
51 519
53 151
36 866
40 062
Living cost
11 511
11 511
11 511
11 511
Free-cash
40 008
41 640
25 355
28 551

Estimated living cost  is ₴11511 per week

₴6950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3294
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
₴22838
₴30610
₴26634
₴29473
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
-
-
-
84 500
social contributions
-
-
-
21 734
national
-
-
-
20 550
regional
-
-
-
1 275
municipal
-
-
-
502
total
-
-
-
44 061
Employee
28 429
-
84 500
-
social contributions
9 586
-
28 493
-
municipal
151
-
448
-
national
4 504
-
17 779
-
regional
383
-
1 137
-
total
14 624
-
47 857
-
Employer
28 429
-
84 500
-
total
-
-
-
-
Corporate
56 071
84 500
-
-
nationa
13 457
20 280
-
-
municipal
2 786
4 199
-
-
total
16 243
24 479
-
-
Dividends
39 828
60 021
-
-
withholding
10 355
15 606
-
-
total
10 355
15 606
-
-
Income
84 500
84 500
84 500
84 500
Total tax
41 222
40 085
47 857
44 061
After tax
43 278
44 415
36 643
40 439
Living cost
13 805
13 805
13 805
13 805
Free-cash
29 473
30 610
22 838
26 634

Estimated living cost  is ₴13805 per week

₴8586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3585
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
₴27481
₴42604
₴31096
₴37048
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
-
-
-
84 500
social contributions
-
-
-
18 187
health
-
-
-
11 407
income
-
-
-
8 236
solidarity contribution
-
-
-
-
total
-
-
-
37 830
Employee
22 903
-
63 238
-
social contributions
1 489
-
4 048
-
solidarity contribution
-
-
-
-
income
2 748
-
7 598
-
health
3 092
-
8 537
-
total
7 329
-
20 183
-
Employer
22 903
-
63 238
-
health
2 061
-
5 691
-
social contributions
5 726
-
15 571
-
total
7 787
-
21 262
-
Corporate
53 809
84 500
-
-
income
10 224
16 055
-
-
total
10 224
16 055
-
-
Dividends
43 586
68 445
-
-
withholding
6 538
10 267
-
-
total
6 538
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
31 878
26 322
41 445
37 830
After tax
52 622
58 178
43 055
46 670
Living cost
15 574
15 574
15 574
15 574
Free-cash
37 048
42 604
27 481
31 096

Estimated living cost  is ₴15574 per week

₴11582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴6009
₴30513
₴27105
₴30260
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
84 500
health
-
-
-
4 580
income
-
-
-
21 908
chamber of commerce
-
-
-
338
pensions
-
-
-
11 076
surtax
-
-
-
-
unemployment
-
-
-
3 143
total
-
-
-
41 045
Employee
22 403
20 424
66 765
-
income
1 996
1 506
17 360
-
other
224
204
599
-
pensions
2 294
2 091
6 131
-
health
867
791
2 317
-
unemployment
672
613
1 796
-
total
6 053
5 205
28 203
-
Employer
22 403
20 424
66 765
-
other
1 064
970
3 112
-
unemployment
672
613
1 796
-
health
847
772
2 263
-
surtax
-
-
-
-
accident
291
266
778
-
pensions
2 812
2 564
7 514
-
payroll
672
613
2 002
-
chamber of commerce
89
82
267
-
total
6 447
5 880
17 732
-
Corporate
55 650
58 198
64 821
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

13 912
14 549
16 206
-
total
13 912
14 549
16 206
-
Dividends
41 738
43 649
-
-
withholding
11 478
12 003
-
-
total
11 478
12 003
-
-
Income
84 500
84 500
84 500
84 500
Total tax
37 890
37 637
62 141
41 045
After tax
46 610
46 863
22 359
43 455
Living cost
16 350
16 350
16 350
16 350
Free-cash
30 260
30 513
6 009
27 105

Estimated living cost  is ₴16350 per week

₴9808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4581
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
₴60966
₴73641
₴77021
₴72397
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%.

-
-
-
84 500
microenterprise

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

-
-
-
845
total
-
-
-
845
Employee
8 293
-
84 500
-
income
1 659
-
16 900
-
total
1 659
-
16 900
-
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%.

76 207
84 500
-
-
total
-
-
-
-
Dividends
76 207
84 500
-
-
withholding
3 810
4 225
-
-
total
3 810
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
5 469
4 225
16 900
845
After tax
79 031
80 275
67 600
83 655
Living cost
6 634
6 634
6 634
6 634
Free-cash
72 397
73 641
60 966
77 021

Estimated living cost  is ₴6634 per week

₴4489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴1644
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
₴25579
₴44433
₴27818
₴40146
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.

-
-
-
84 500
health
-
-
-
8 314
income
-
-
-
19 064
pensions
-
-
-
15 432
unemployment
-
-
-
126
total
-
-
-
42 936
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.

22 663
-
73 116
-
income
3 908
-
17 633
-
pensions
3 513
-
11 333
-
health
1 464
-
4 723
-
unemployment
32
-
102
-
total
8 917
-
33 791
-
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.

22 663
-
73 116
-
unemployment
14
-
44
-
health
1 509
-
4 870
-
pensions
2 005
-
6 470
-
total
3 528
-
11 384
-
Corporate
58 309
84 500
-
-
income
11 078
16 055
-
-
total
11 078
16 055
-
-
Dividends
47 231
68 445
-
-
withholding
7 085
10 266
-
-
total
7 085
10 266
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 608
26 321
45 175
42 936
After tax
53 892
58 179
39 325
41 564
Living cost
13 746
13 746
13 746
13 746
Free-cash
40 146
44 433
25 579
27 818

Estimated living cost  is ₴13746 per week

₴9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3166
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
₴54063
₴28085
₴35071
₴2372
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
-
-
-
84 500
social contributions
-
-
-
9 633
income
-
-
-
16 471
total
-
-
-
26 104
Employee
33 445
-
-
-
social contributions
2 743
-
391
-
income
7 377
-
-
-
total
10 120
-
391
-
Employer
33 445
-
-
-
social contributions
47 157
-
6 721
-
total
47 157
-
6 721
-
Corporate
3 898
84 500
-
-
income
857
18 590
-
-
total
857
18 590
-
-
Dividends
3 040
65 910
-
-
income
669
14 500
-
-
total
669
14 500
-
-
Income
84 500
84 500
84 500
84 500
Total tax
58 803
33 090
7 112
26 104
After tax
25 697
51 410
77 388
58 396
Living cost
23 325
23 325
23 325
23 325
Free-cash
2 372
28 085
54 063
35 071

Estimated living cost  is ₴23325 per week

₴15134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴5700
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
₴23143
₴31988
₴29404
₴31472
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.

-
-
-
84 500
social contributions

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

-
-
-
29 363
income
-
-
-
9 658
surtax
-
-
-
-
total
-
-
-
39 021
Employee
23 571
-
68 283
-
surtax
-
-
-
-
social contributions
2 593
-
7 511
-
income
4 903
-
21 554
-
total
7 496
-
29 065
-
Employer
23 571
-
68 283
-
social contributions
5 598
-
16 217
-
total
5 598
-
16 217
-
Corporate
55 331
84 500
-
-
surtax
-
-
-
-
income
11 619
17 745
-
-
total
11 619
17 745
-
-
Dividends
43 712
66 755
-
-
withholding
12 240
18 692
-
-
total
12 240
18 692
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 953
36 437
45 282
39 021
After tax
47 547
48 063
39 218
45 479
Living cost
16 075
16 075
16 075
16 075
Free-cash
31 472
31 988
23 143
29 404

Estimated living cost  is ₴16075 per week

₴12028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2831
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
₴22324
₴17835
₴22959
₴21357
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
-
-
-
84 500
other
-
-
-
2 619
social contributions
-
-
-
2 408
health
-
-
-
3 393
income
-
-
-
12 751
pensions
-
-
-
15 617
surtax
-
-
-
-
total
-
-
-
36 788
Employee
32 098
-
65 800
-
surtax
-
-
-
-
social contributions
914
-
1 874
-
income
2 801
-
12 440
-
pensions
3 631
-
4 409
-
total
7 346
-
18 723
-
Employer
32 098
-
65 800
-
other
1 108
-
2 496
-
unemployment
1 300
-
2 665
-
health
2 247
-
5 890
-
pensions
5 274
-
7 452
-
social contributions
96
-
197
-
total
10 025
-
18 700
-
Corporate
42 376
84 500
-
-
surtax
-
-
-
-
income
11 865
23 660
-
-
total
11 865
23 660
-
-
Dividends
30 511
60 840
-
-
social contributions
5 248
10 465
-
-
surtax
-
-
-
-
withholding
3 906
7 787
-
-
total
9 154
18 252
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 390
41 912
37 423
36 788
After tax
46 110
42 588
47 077
47 712
Living cost
24 753
24 753
24 753
24 753
Free-cash
21 357
17 835
22 324
22 959

Estimated living cost  is ₴24753 per week

₴16752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
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.
₴5636
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
₴49271
₴60645
₴47027
₴58923
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
-
-
-
84 500
income
-
-
-
3 479
social contributions
-
-
-
18 589
total
-
-
-
22 068
Employee
16 476
-
73 160
-
income
-
-
3 728
-
social contributions
1 071
-
4 756
-
total
1 071
-
8 484
-
Employer
16 476
-
73 160
-
social contributions
2 554
-
11 340
-
total
2 554
-
11 340
-
Corporate
65 470
84 500
-
-
income
6 547
8 450
-
-
total
6 547
8 450
-
-
Dividends
58 923
76 050
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
10 172
8 450
19 824
22 068
After tax
74 328
76 050
64 676
62 432
Living cost
15 405
15 405
15 405
15 405
Free-cash
58 923
60 645
49 271
47 027

Estimated living cost  is ₴15405 per week

₴9961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3993
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
-₴26986
-₴26986
₴25518
-₴26986
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
-
-
-
84 500
labour market
-
-
-
6 725
pensions
-
-
-
444
national
-
-
-
9 736
municipal
-
-
-
17 434
total
-
-
-
34 339
Employee
104 013
104 013
104 013
-
labour market
8 309
8 309
8 309
-
municipal
22 149
22 149
22 149
-
national
12 707
12 707
12 707
-
pensions
148
148
148
-
total
43 313
43 313
43 313
-
Employer
104 013
104 013
104 013
-
national
12 729
12 729
12 729
-
labour market
8 321
8 321
8 321
-
pensions
296
296
296
-
municipal
22 184
22 184
22 184
-
total
43 530
43 530
43 530
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
86 843
86 843
86 843
34 339
After tax
-2 343
-2 343
-2 343
50 161
Living cost
24 643
24 643
24 643
24 643
Free-cash
-26 986
-26 986
-26 986
25 518

Estimated living cost  is ₴24643 per week

₴16866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴379
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.
₴5218
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
₴34488
-₴4342
₴46601
₴5128
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
-
-
-
84 500
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
23 118
pensions
-
-
-
2 147
total
-
-
-
26 712
Employee
17 597
-
75 696
-
income
2 414
-
17 417
-
pensions
1 982
-
3 937
-
health
2 015
-
8 667
-
total
6 411
-
30 021
-
Employer
17 597
-
75 696
-
unemployment
431
-
1 854
-
accident
294
-
1 264
-
pensions
2 861
-
5 686
-
total
3 586
-
8 804
-
Corporate
63 316
84 500
-
-
income

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

56 985
76 050
-
-
total
56 985
76 050
-
-
Dividends
6 332
8 450
-
-
withholding
1 203
1 605
-
-
total
1 203
1 605
-
-
Income
84 500
84 500
84 500
84 500
Total tax
68 185
77 655
38 825
26 712
After tax
16 315
6 845
45 675
57 788
Living cost
11 187
11 187
11 187
11 187
Free-cash
5 128
-4 342
34 488
46 601

Estimated living cost  is ₴11187 per week

₴8143
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.
₴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.
₴2196
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
₴25019
₴33632
₴35665
₴34783
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

-
-
-
84 500
health
-
-
-
1 087
national
-
-
-
13 058
municipal
-
-
-
15 014
total
-
-
-
29 159
Employee
26 963
-
71 086
-
municipal
4 416
-
11 581
-
national
445
-
8 064
-
pensions
1 820
-
4 799
-
health
201
-
881
-
unemployment
405
-
1 066
-
total
7 287
-
26 391
-
Employer
26 963
-
71 086
-
unemployment
175
-
462
-
health
207
-
548
-
accident
27
-
71
-
pensions
4 678
-
12 333
-
total
5 087
-
13 414
-
Corporate
52 449
84 500
-
-
income
10 490
16 900
-
-
total
10 490
16 900
-
-
Dividends

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

31 469
50 700
-
-
national
1 513
5 166
-
-
municipal
5 664
9 126
-
-
total
7 177
14 292
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 041
31 192
39 805
29 159
After tax
54 459
53 308
44 695
55 341
Living cost
19 676
19 676
19 676
19 676
Free-cash
34 783
33 632
25 019
35 665

Estimated living cost  is ₴19676 per week

₴12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
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.
₴4619
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
₴45419
₴49796
₴46179
₴47007
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
-
-
-
84 500
social contributions
-
-
-
8 292
health
-
-
-
2 155
income
-
-
-
16 008
total
-
-
-
26 455
Employee
39 408
39 408
78 634
-
social contributions
1 490
3 271
4 412
-
income
4 291
3 648
15 600
-
health
305
670
1 336
-
total
6 086
7 589
21 348
-
Employer
39 408
39 408
78 634
-
health
332
729
1 455
-
social contributions
1 490
3 271
4 412
-
total
1 822
4 000
5 867
-
Corporate
64 727
41 092
-
-
income
8 091
5 136
-
-
total
8 091
5 136
-
-
Dividends
56 636
35 955
-
-
withholding
9 628
6 113
-
-
total
9 628
6 113
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 627
22 838
27 215
26 455
After tax
58 873
61 662
57 285
58 045
Living cost
11 866
11 866
11 866
11 866
Free-cash
47 007
49 796
45 419
46 179

Estimated living cost  is ₴11866 per week

₴7111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
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.
₴3328
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
₴52405
₴61837
₴62683
₴59231
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
-
-
-
84 500
health
-
-
-
1 855
income
-
-
-
8 550
pensions
-
-
-
3 260
unemployment
-
-
-
15
total
-
-
-
13 680
Employee

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

11 764
-
79 491
-
income
804
-
7 279
-
pensions
1 764
-
7 294
-
health
1 000
-
4 133
-
unemployment
58
-
243
-
total
3 626
-
18 949
-
Employer

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

11 764
-
79 491
-
unemployment
58
-
243
-
health
506
-
2 091
-
pensions
647
-
2 675
-
total
1 211
-
5 009
-
Corporate
71 526
84 500
-
-
income
6 437
7 605
-
-
total
6 437
7 605
-
-
Dividends
65 088
76 895
-
-
withholding
5 858
6 921
-
-
total
5 858
6 921
-
-
Income
84 500
84 500
84 500
84 500
Total tax
17 132
14 526
23 958
13 680
After tax
67 368
69 974
60 542
70 820
Living cost
8 137
8 137
8 137
8 137
Free-cash
59 231
61 837
52 405
62 683

Estimated living cost  is ₴8137 per week

₴5191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2116
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
₴31243
₴42301
₴33392
₴40039
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
-
-
-
84 500
other
-
-
-
48
accident
-
-
-
428
income
-
-
-
22 763
pensions
-
-
-
13 443
unemployment
-
-
-
333
total
-
-
-
37 015
Employee
18 950
-
69 356
-
income
3 653
-
21 004
-
other
18
-
48
-
pensions
891
-
2 233
-
unemployment
294
-
736
-
total
4 856
-
24 021
-
Employer
18 950
-
69 356
-
other
152
-
380
-
unemployment
1 043
-
2 612
-
accident
375
-
940
-
pensions
4 472
-
11 211
-
total
6 042
-
15 143
-
Corporate
59 509
84 500
-
-
income

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

8 926
12 675
-
-
total
8 926
12 675
-
-
Dividends
50 582
71 825
-
-
withholding
10 544
15 431
-
-
total
10 544
15 431
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 368
28 106
39 164
37 015
After tax
54 132
56 394
45 336
47 485
Living cost
14 093
14 093
14 093
14 093
Free-cash
40 039
42 301
31 243
33 392

Estimated living cost  is ₴14093 per week

₴9513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1355
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.
₴2979
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
₴53350
₴51778
₴53418
₴51624
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
-
-
-
84 500
health
-
-
-
502
income
-
-
-
28 937
pensions
-
-
-
693
total
-
-
-
30 132
Employee
1 447
-
83 720
-
income
280
-
28 901
-
pensions
130
-
312
-
health
72
-
173
-
unemployment
14
-
35
-
total
496
-
29 421
-
Employer
1 447
-
83 720
-
unemployment
29
-
69
-
health
137
-
329
-
pensions
159
-
381
-
total
325
-
779
-
Corporate
82 727
84 500
-
-
income
18 200
18 590
-
-
total
18 200
18 590
-
-
Dividends
64 527
65 910
-
-
withholding
12 905
13 182
-
-
total
12 905
13 182
-
-
Income
84 500
84 500
84 500
84 500
Total tax
31 926
31 772
30 200
30 132
After tax
52 574
52 728
54 300
54 368
Living cost
950
950
950
950
Free-cash
51 624
51 778
53 350
53 418

Estimated living cost  is ₴950 per week

₴565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴287
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
₴42383
₴52207
₴42381
₴49691
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.

-
-
-
84 500
health
-
-
-
3 893
income
-
-
-
18 989
pensions
-
-
-
9 826
unemployment
-
-
-
567
total
-
-
-
33 275
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.

13 336
-
77 735
-
income
1 838
-
18 989
-
pensions
1 867
-
5 291
-
health
687
-
1 946
-
unemployment
100
-
283
-
total
4 492
-
26 509
-
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.

13 336
-
77 735
-
unemployment
100
-
283
-
health
687
-
1 946
-
pensions
1 600
-
4 535
-
total
2 387
-
6 764
-
Corporate
68 777
84 500
-
-
income
10 317
12 675
-
-
total
10 317
12 675
-
-
Dividends
58 460
71 825
-
-
withholding
8 769
10 774
-
-
total
8 769
10 774
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 965
23 449
33 273
33 275
After tax
58 535
61 051
51 227
51 225
Living cost
8 844
8 844
8 844
8 844
Free-cash
49 691
52 207
42 383
42 381

Estimated living cost  is ₴8844 per week

₴5955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴684
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.
₴1949
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
₴25402
₴34247
₴31663
₴34063
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.

-
-
-
84 500
social contributions

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

-
-
-
29 363
income
-
-
-
9 658
surtax
-
-
-
-
total
-
-
-
39 021
Employee
19 891
-
68 283
-
surtax
-
-
-
-
social contributions
2 188
-
7 511
-
income
3 887
-
21 554
-
total
6 075
-
29 065
-
Employer
19 891
-
68 283
-
social contributions
4 724
-
16 217
-
total
4 724
-
16 217
-
Corporate
59 885
84 500
-
-
surtax
-
-
-
-
income
12 576
17 745
-
-
total
12 576
17 745
-
-
Dividends
47 309
66 755
-
-
withholding
13 246
18 692
-
-
total
13 246
18 692
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 621
36 437
45 282
39 021
After tax
47 879
48 063
39 218
45 479
Living cost
13 816
13 816
13 816
13 816
Free-cash
34 063
34 247
25 402
31 663

Estimated living cost  is ₴13816 per week

₴9786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴2826
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
₴27325
₴38383
₴29474
₴34940
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
-
-
-
84 500
other
-
-
-
48
accident
-
-
-
428
income
-
-
-
22 763
pensions
-
-
-
13 443
unemployment
-
-
-
333
total
-
-
-
37 015
Employee
24 751
-
69 356
-
income
5 170
-
21 004
-
other
24
-
48
-
pensions
1 163
-
2 233
-
unemployment
383
-
736
-
total
6 740
-
24 021
-
Employer
24 751
-
69 356
-
other
198
-
380
-
unemployment
1 362
-
2 612
-
accident
490
-
940
-
pensions
5 841
-
11 211
-
total
7 891
-
15 143
-
Corporate
51 858
84 500
-
-
income

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

7 778
12 675
-
-
total
7 778
12 675
-
-
Dividends
44 079
71 825
-
-
withholding
9 140
15 431
-
-
total
9 140
15 431
-
-
Income
84 500
84 500
84 500
84 500
Total tax
31 549
28 106
39 164
37 015
After tax
52 951
56 394
45 336
47 485
Living cost
18 011
18 011
18 011
18 011
Free-cash
34 940
38 383
27 325
29 474

Estimated living cost  is ₴18011 per week

₴12935
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.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3422
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
₴61596
₴63500
₴58336
₴60402
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
-
-
-
84 500
health
-
-
-
2 042
income
-
-
-
12 675
pensions

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

-
-
-
2 629
unemployment
-
-
-
71
total
-
-
-
17 417
Employee
11 582
-
81 016
-
income
1 158
-
8 102
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 017
-
1 559
-
health
533
-
817
-
total
2 835
-
10 673
-
Employer
11 582
-
81 016
-
unemployment
70
-
107
-
health
799
-
1 225
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 276
-
1 957
-
total
2 272
-
3 484
-
Corporate
70 646
84 500
-
-
income
7 065
8 450
-
-
total
7 065
8 450
-
-
Dividends
63 581
76 050
-
-
withholding
3 179
3 803
-
-
total
3 179
3 803
-
-
Income
84 500
84 500
84 500
84 500
Total tax
15 351
12 253
14 157
17 417
After tax
69 149
72 247
70 343
67 083
Living cost
8 747
8 747
8 747
8 747
Free-cash
60 402
63 500
61 596
58 336

Estimated living cost  is ₴8747 per week

₴5785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
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.
₴2253
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
₴34332
₴23712
₴25626
₴30417
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.

-
-
-
84 500
health

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

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

-
-
-
3 501
income

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

-
-
-
25 480
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.

-
-
-
1 401
trade
-
-
-
8 706
total
-
-
-
39 088
Employee

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

25 500
-
84 500
-
surtax

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

116
-
1 401
-
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.

2 097
-
25 480
-
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.

3 501
-
3 501
-
total
5 714
-
30 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 000
84 500
-
-
chamber of commerce
164
201
-
-
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.

486
697
-
-
trade
8 466
12 126
-
-
income
8 850
12 675
-
-
total
17 966
25 699
-
-
Dividends
41 033
58 800
-
-
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.

553
797
-
-
withholding
10 064
14 506
-
-
total
10 617
15 303
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 297
41 002
30 382
39 088
After tax
50 203
43 498
54 118
45 412
Living cost
19 786
19 786
19 786
19 786
Free-cash
30 417
23 712
34 332
25 626

Estimated living cost  is ₴19786 per week

₴13649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴3721
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
₴16013
₴29955
₴16013
₴31087
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
-
-
-
84 500
income
-
-
-
25 329
social contributions
-
-
-
13 964
total
-
-
-
39 293
Employee
40 088
-
84 500
-
income
7 565
-
25 329
-
social contributions
3 331
-
13 964
-
total
10 896
-
39 293
-
Employer
40 088
-
84 500
-
total
-
-
-
-
Corporate
44 412
84 500
-
-
income
5 551
10 563
-
-
total
5 551
10 563
-
-
Dividends
38 860
73 937
-
-
withholding
7 772
14 788
-
-
total
7 772
14 788
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 219
25 351
39 293
39 293
After tax
60 281
59 149
45 207
45 207
Living cost
29 194
29 194
29 194
29 194
Free-cash
31 087
29 955
16 013
16 013

Estimated living cost  is ₴29194 per week

₴22210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴4326
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
₴41830
₴33613
₴48136
₴35403
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.

-
-
-
84 500
income
-
-
-
14 588
health

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

-
-
-
3 172
total
-
-
-
17 760
Employee
23 510
-
82 143
-
income
2 551
-
19 352
-
social contributions
2 356
-
2 357
-
total
4 907
-
21 709
-
Employer
23 510
-
82 143
-
social contributions
2 356
-
2 357
-
total
2 356
-
2 357
-
Corporate
58 634
84 500
-
-
income
20 522
29 575
-
-
total
20 522
29 575
-
-
Dividends
38 112
54 925
-
-
social contributions
2 708
2 708
-
-
total
2 708
2 708
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 493
32 283
24 066
17 760
After tax
54 007
52 217
60 434
66 740
Living cost
18 604
18 604
18 604
18 604
Free-cash
35 403
33 613
41 830
48 136

Estimated living cost  is ₴18604 per week

₴12254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1467
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.
₴4597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴29802
₴36936
₴37480
₴39960
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
-
-
-
84 500
income
-
-
-
23 575
pensions
-
-
-
4 485
total
-
-
-
28 060
Employee
26 025
-
73 866
-
income
4 739
-
18 456
-
health
339
-
1 092
-
pensions
1 986
-
5 556
-
total
7 064
-
25 104
-
Employer
26 025
-
73 866
-
health
495
-
1 403
-
pensions
2 629
-
9 231
-
total
3 124
-
10 634
-
Corporate
55 351
84 500
-
-
income

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

10 516
16 055
-
-
total
10 516
16 055
-
-
Dividends
44 835
68 445
-
-
withholding
4 876
12 549
-
-
total
4 876
12 549
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 580
28 604
35 738
28 060
After tax
58 920
55 896
48 762
56 440
Living cost
18 960
18 960
18 960
18 960
Free-cash
39 960
36 936
29 802
37 480

Estimated living cost  is ₴18960 per week

₴13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1744
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.
₴3972
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
₴33381
-₴5449
₴45494
₴4959
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
-
-
-
84 500
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
23 118
pensions
-
-
-
2 147
total
-
-
-
26 712
Employee
19 339
-
75 696
-
income
2 653
-
17 417
-
pensions
2 178
-
3 937
-
health
2 214
-
8 667
-
total
7 045
-
30 021
-
Employer
19 339
-
75 696
-
unemployment
474
-
1 854
-
accident
323
-
1 264
-
pensions
3 144
-
5 686
-
total
3 941
-
8 804
-
Corporate
61 220
84 500
-
-
income

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

55 098
76 050
-
-
total
55 098
76 050
-
-
Dividends
6 122
8 450
-
-
withholding
1 163
1 605
-
-
total
1 163
1 605
-
-
Income
84 500
84 500
84 500
84 500
Total tax
67 247
77 655
38 825
26 712
After tax
17 253
6 845
45 675
57 788
Living cost
12 294
12 294
12 294
12 294
Free-cash
4 959
-5 449
33 381
45 494

Estimated living cost  is ₴12294 per week

₴9023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴52488
₴64195
₴41237
₴61801
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.

-
-
-
84 500
income
-
-
-
13 847
health insurance
-
-
-
6 056
work injury
-
-
-
409
pensions
-
-
-
15 057
unemployment
-
-
-
982
total
-
-
-
36 351
Employee

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

11 059
-
84 500
-
income
1 106
-
13 847
-
work injury
55
-
205
-
health insurance
818
-
3 028
-
pensions
2 035
-
7 529
-
unemployment
133
-
491
-
total
4 147
-
25 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 441
84 500
-
-
income

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

734
845
-
-
total
734
845
-
-
Dividends
72 707
83 655
-
-
withholding
10 906
12 548
-
-
total
10 906
12 548
-
-
Income
84 500
84 500
84 500
84 500
Total tax
15 787
13 393
25 100
36 351
After tax
68 713
71 107
59 400
48 149
Living cost
6 912
6 912
6 912
6 912
Free-cash
61 801
64 195
52 488
41 237

Estimated living cost  is ₴6912 per week

₴4282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴1912
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
₴15596
₴24091
₴19305
₴21760
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
-
-
-
84 500
social contributions
-
-
-
21 734
national
-
-
-
20 550
regional
-
-
-
1 929
municipal
-
-
-
565
total
-
-
-
44 778
Employee
43 186
-
84 500
-
social contributions
14 562
-
28 493
-
municipal
258
-
504
-
national
7 298
-
17 779
-
regional
652
-
1 711
-
total
22 770
-
48 487
-
Employer
43 186
-
84 500
-
total
-
-
-
-
Corporate
41 314
84 500
-
-
nationa
9 915
20 280
-
-
municipal
1 992
4 073
-
-
total
11 907
24 353
-
-
Dividends
29 407
60 147
-
-
withholding
7 646
15 639
-
-
total
7 646
15 639
-
-
Income
84 500
84 500
84 500
84 500
Total tax
42 323
39 992
48 487
44 778
After tax
42 177
44 508
36 013
39 722
Living cost
20 417
20 417
20 417
20 417
Free-cash
21 760
24 091
15 596
19 305

Estimated living cost  is ₴20417 per week

₴14341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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