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

Valencia , Spain
₴46269
₴37457
₴38731
₴47608
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
unemployment
-
-
-
197
income
-
-
-
28 992
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 957
total
-
-
-
37 427
Employee
11 216
-
75 537
-
unemployment
174
-
436
-
pensions
527
-
1 322
-
income
2 162
-
27 951
-
other
11
-
28
-
total
2 874
-
29 737
-
Employer
11 216
-
75 537
-
pensions
2 647
-
6 636
-
accident
222
-
557
-
unemployment
617
-
1 546
-
other
90
-
225
-
total
3 576
-
8 964
-
Corporate
69 708
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.

10 456
12 675
-
-
total
10 456
12 675
-
-
Dividends
59 251
71 825
-
-
withholding
12 983
15 875
-
-
total
12 983
15 875
-
-
Income
84 500
84 500
84 500
84 500
Total tax
29 889
28 550
38 701
37 427
After tax
54 611
55 950
45 799
47 073
Living cost
8 342
8 342
8 342
8 342
Free-cash
46 269
47 608
37 457
38 731

Estimated living cost  is ₴8342 per week

₴5630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴51951
₴44447
₴45106
₴53999
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
pensions

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

-
-
-
11 071
income
-
-
-
16 019
other
-
-
-
2 191
health
-
-
-
2 030
total
-
-
-
31 311
Employee
11 014
-
72 663
-
health
154
-
646
-
unemployment
110
-
461
-
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.

771
-
3 229
-
income
1 896
-
15 798
-
total
2 931
-
20 134
-
Employer
11 014
-
72 663
-
health
154
-
646
-
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.

1 873
-
7 842
-
accident
88
-
581
-
unemployment
110
-
461
-
other
551
-
2 306
-
total
2 776
-
11 836
-
Corporate
70 710
84 500
-
-
income
14 849
17 745
-
-
total
14 849
17 745
-
-
Dividends
55 861
66 755
-
-
withholding
3 910
4 673
-
-
total
3 910
4 673
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 466
22 418
31 970
31 311
After tax
60 034
62 082
52 530
53 189
Living cost
8 083
8 083
8 083
8 083
Free-cash
51 951
53 999
44 447
45 106

Estimated living cost  is ₴8083 per week

₴5711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴66853
₴68654
₴65007
₴68264
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
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
12 675
health
-
-
-
1 221
total
-
-
-
15 509
Employee
5 275
-
82 418
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
8 242
-
total
1 291
-
9 779
-
Employer
5 275
-
82 418
-
health
364
-
732
-
pensions

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

581
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 083
-
Corporate
78 190
84 500
-
-
income
7 819
8 450
-
-
total
7 819
8 450
-
-
Dividends
70 371
76 050
-
-
withholding
3 518
3 802
-
-
total
3 518
3 802
-
-
Income
84 500
84 500
84 500
84 500
Total tax
13 663
12 252
11 862
15 509
After tax
70 837
72 248
72 638
68 991
Living cost
3 984
3 984
3 984
3 984
Free-cash
66 853
68 264
68 654
65 007

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴34001
₴30945
₴34453
₴32211
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
-
-
-
17 994
other
-
-
-
2 619
health
-
-
-
4 543
social contributions
-
-
-
2 407
pensions
-
-
-
12 106
surtax
-
-
-
-
total
-
-
-
39 669
Employee
12 983
-
63 744
-
pensions
1 468
-
5 119
-
income
766
-
15 485
-
social contributions
370
-
1 816
-
surtax
-
-
-
-
total
2 604
-
22 420
-
Employer
12 983
-
63 744
-
health
909
-
6 710
-
social contributions
39
-
191
-
pensions
2 133
-
8 495
-
unemployment
526
-
2 582
-
other
448
-
2 779
-
total
4 055
-
20 757
-
Corporate
67 463
84 500
-
-
income
18 889
23 660
-
-
surtax
-
-
-
-
total
18 889
23 660
-
-
Dividends
48 574
60 840
-
-
social contributions
8 355
10 464
-
-
surtax
-
-
-
-
withholding
6 218
7 787
-
-
total
14 573
18 251
-
-
Income
84 500
84 500
84 500
84 500
Total tax
40 121
41 911
43 177
39 669
After tax
44 379
42 589
41 323
44 831
Living cost
10 378
10 378
10 378
10 378
Free-cash
34 001
32 211
30 945
34 453

Estimated living cost  is ₴10378 per week

₴6544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
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.
₴2814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴27732
₴41304
₴31781
₴29590
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
pensions
-
-
-
3 554
income
-
-
-
32 716
health
-
-
-
3 741
total
-
-
-
40 011
Employee
25 904
25 904
78 863
-
health
3 976
3 382
3 741
-
pensions
4 663
3 554
3 554
-
income

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

4 240
4 240
17 555
-
total
12 879
11 176
24 850
-
Employer
25 904
25 904
78 863
-
health
1 801
1 801
2 238
-
pensions
1 803
1 803
2 241
-
unemployment
933
933
1 159
-
total
4 537
4 537
5 638
-
Corporate
54 377
54 059
-
-
income
10 875
10 812
-
-
total
10 875
10 812
-
-
Dividends
43 502
43 248
-
-
income
9 244
9 190
-
-
withholding
6 525
6 487
-
-
total
15 769
15 677
-
-
Income
84 500
84 500
84 500
84 500
Total tax
44 060
42 202
30 488
40 011
After tax
40 440
42 298
54 012
44 489
Living cost
12 708
12 708
12 708
12 708
Free-cash
27 732
29 590
41 304
31 781

Estimated living cost  is ₴12708 per week

₴9006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴36734
₴42049
₴30961
₴33380
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
trade
-
-
-
11 088
income

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

-
-
-
29 565
health

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

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

-
-
-
2 072
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.

-
-
-
1 626
total
-
-
-
44 351
Employee

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

11 602
-
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.

2 072
-
2 072
-
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.

324
-
29 565
-
surtax

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

18
-
1 626
-
total
2 414
-
33 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 898
84 500
-
-
income
10 935
12 675
-
-
trade
11 481
13 309
-
-
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.

602
697
-
-
chamber of commerce
151
168
-
-
total
23 169
26 849
-
-
Dividends
49 729
57 652
-
-
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.

678
786
-
-
withholding
12 317
14 297
-
-
total
12 995
15 083
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 578
41 932
33 263
44 351
After tax
45 922
42 568
51 237
40 149
Living cost
9 188
9 188
9 188
9 188
Free-cash
36 734
33 380
42 049
30 961

Estimated living cost  is ₴9188 per week

₴5780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴52868
₴48519
₴49177
₴54518
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
-
-
-
21 237
health
-
-
-
2 155
social contributions
-
-
-
4 908
total
-
-
-
28 300
Employee
23 326
23 326
80 401
-
health
181
397
1 367
-
income
2 540
2 159
20 882
-
social contributions
882
1 936
2 611
-
total
3 603
4 492
24 860
-
Employer
23 326
23 326
80 401
-
health
196
432
1 487
-
social contributions
882
1 936
2 611
-
total
1 078
2 368
4 098
-
Corporate
72 796
58 807
-
-
income
9 099
7 351
-
-
total
9 099
7 351
-
-
Dividends
63 697
51 456
-
-
withholding
10 829
8 748
-
-
total
10 829
8 748
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 609
22 959
28 958
28 300
After tax
59 891
61 541
55 542
56 200
Living cost
7 023
7 023
7 023
7 023
Free-cash
52 868
54 518
48 519
49 177

Estimated living cost  is ₴7023 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴38242
₴26540
₴33745
₴38549
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
income
-
-
-
11 876
social contributions

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

-
-
-
29 364
surtax
-
-
-
-
total
-
-
-
41 240
Employee
13 951
-
68 283
-
income
2 902
-
24 349
-
social contributions
1 535
-
7 511
-
surtax
-
-
368
-
total
4 437
-
32 228
-
Employer
13 951
-
68 283
-
social contributions
3 313
-
16 217
-
total
3 313
-
16 217
-
Corporate
67 235
84 500
-
-
income
14 120
17 745
-
-
surtax
-
-
-
-
total
14 120
17 745
-
-
Dividends
53 115
66 755
-
-
withholding
14 873
18 691
-
-
total
14 873
18 691
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 743
36 436
48 445
41 240
After tax
47 757
48 064
36 055
43 260
Living cost
9 515
9 515
9 515
9 515
Free-cash
38 242
38 549
26 540
33 745

Estimated living cost  is ₴9515 per week

₴7119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴77544
₴65300
₴81355
₴77975
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
2 875
-
84 500
-
income
575
-
16 900
-
total
575
-
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%.

81 625
84 500
-
-
total
-
-
-
-
Dividends
81 625
84 500
-
-
withholding
4 081
4 225
-
-
total
4 081
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
4 656
4 225
16 900
845
After tax
79 844
80 275
67 600
83 655
Living cost
2 300
2 300
2 300
2 300
Free-cash
77 544
77 975
65 300
81 355

Estimated living cost  is ₴2300 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴47507
₴27545
₴29378
₴50042
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
pensions
-
-
-
15 432
unemployment
-
-
-
127
income
-
-
-
23 112
health
-
-
-
8 315
total
-
-
-
46 986
Employee

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

13 414
-
73 116
-
health
866
-
4 723
-
unemployment
19
-
102
-
pensions
2 079
-
11 333
-
income
2 313
-
21 277
-
total
5 277
-
37 435
-
Employer

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

13 414
-
73 116
-
health
893
-
4 869
-
pensions
1 187
-
6 471
-
unemployment
8
-
44
-
total
2 088
-
11 384
-
Corporate
68 998
84 500
-
-
income
13 109
16 055
-
-
total
13 109
16 055
-
-
Dividends
55 888
68 445
-
-
withholding
8 383
10 267
-
-
total
8 383
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
28 857
26 322
48 819
46 986
After tax
55 643
58 178
35 681
37 514
Living cost
8 136
8 136
8 136
8 136
Free-cash
47 507
50 042
27 545
29 378

Estimated living cost  is ₴8136 per week

₴5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴43371
₴47175
₴58906
₴42311
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
-
-
-
12 675
health

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

-
-
-
1 908
total
-
-
-
14 583
Employee
13 916
-
83 105
-
social contributions
1 394
-
1 395
-
income
1 510
-
23 524
-
total
2 904
-
24 919
-
Employer
13 916
-
83 105
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
69 190
84 500
-
-
income
24 217
29 575
-
-
total
24 217
29 575
-
-
Dividends
44 974
54 925
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 118
31 178
26 314
14 583
After tax
54 382
53 322
58 186
69 917
Living cost
11 011
11 011
11 011
11 011
Free-cash
43 371
42 311
47 175
58 906

Estimated living cost  is ₴11011 per week

₴7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴45277
₴24483
₴47834
₴45121
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
-
-
-
12 675
health
-
-
-
5 898
social contributions
-
-
-
11 661
total
-
-
-
30 234
Employee
10 285
-
84 500
-
health
718
-
5 898
-
income
1 715
-
36 026
-
social contributions
1 420
-
11 661
-
total
3 853
-
53 585
-
Employer
10 285
-
84 500
-
total
-
-
-
-
Corporate
74 215
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%.

3 711
4 225
-
-
total
3 711
4 225
-
-
Dividends
70 504
80 275
-
-
social contributions
9 730
11 078
-
-
withholding
10 576
12 041
-
-
health
4 921
5 603
-
-
total
25 227
28 722
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 791
32 947
53 585
30 234
After tax
51 709
51 553
30 915
54 266
Living cost
6 432
6 432
6 432
6 432
Free-cash
45 277
45 121
24 483
47 834

Estimated living cost  is ₴6432 per week

₴4305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴46649
₴39204
₴43154
₴49680
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
-
-
-
9 475
health
-
-
-
11 407
social contributions
-
-
-
9 923
solidarity contribution
-
-
-
2 043
total
-
-
-
32 848
Employee
12 496
-
69 729
-
health
1 687
-
9 413
-
solidarity contribution
-
-
1 689
-
income
1 500
-
8 716
-
social contributions
812
-
2 209
-
total
3 999
-
22 027
-
Employer
12 496
-
69 729
-
health
1 125
-
6 276
-
social contributions
3 124
-
8 496
-
total
4 249
-
14 772
-
Corporate
67 755
84 500
-
-
income
12 873
16 055
-
-
total
12 873
16 055
-
-
Dividends
54 881
68 445
-
-
withholding
8 232
10 267
-
-
total
8 232
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
29 353
26 322
36 799
32 848
After tax
55 147
58 178
47 701
51 652
Living cost
8 498
8 498
8 498
8 498
Free-cash
46 649
49 680
39 204
43 154

Estimated living cost  is ₴8498 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴76018
₴64015
₴80070
₴76690
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
4 481
-
84 500
-
income
896
-
16 900
-
total
896
-
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%.

80 019
84 500
-
-
total
-
-
-
-
Dividends
80 019
84 500
-
-
withholding
4 001
4 225
-
-
total
4 001
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
4 897
4 225
16 900
845
After tax
79 603
80 275
67 600
83 655
Living cost
3 585
3 585
3 585
3 585
Free-cash
76 018
76 690
64 015
80 070

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴30021
₴26672
₴30180
₴27938
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
-
-
-
17 994
other
-
-
-
2 619
health
-
-
-
4 543
social contributions
-
-
-
2 407
pensions
-
-
-
12 106
surtax
-
-
-
-
total
-
-
-
39 669
Employee
18 999
-
63 744
-
pensions
2 149
-
5 119
-
income
1 658
-
15 485
-
social contributions
541
-
1 816
-
surtax
-
-
-
-
total
4 348
-
22 420
-
Employer
18 999
-
63 744
-
health
1 330
-
6 710
-
social contributions
57
-
191
-
pensions
3 122
-
8 495
-
unemployment
770
-
2 582
-
other
656
-
2 779
-
total
5 935
-
20 757
-
Corporate
59 567
84 500
-
-
income
16 679
23 660
-
-
surtax
-
-
-
-
total
16 679
23 660
-
-
Dividends
42 888
60 840
-
-
social contributions
7 377
10 464
-
-
surtax
-
-
-
-
withholding
5 489
7 787
-
-
total
12 866
18 251
-
-
Income
84 500
84 500
84 500
84 500
Total tax
39 828
41 911
43 177
39 669
After tax
44 672
42 589
41 323
44 831
Living cost
14 651
14 651
14 651
14 651
Free-cash
30 021
27 938
26 672
30 180

Estimated living cost  is ₴14651 per week

₴9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴54336
₴50961
₴50962
₴55822
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
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
19 862
health
-
-
-
2 302
total
-
-
-
28 309
Employee

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

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

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

7 885
-
80 500
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 128
-
income
1 087
-
19 862
-
total
2 656
-
24 309
-
Employer

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

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

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

7 885
-
80 500
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
75 203
84 500
-
-
income
11 280
12 675
-
-
total
11 280
12 675
-
-
Dividends
63 923
71 825
-
-
withholding
9 588
10 774
-
-
total
9 588
10 774
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 935
23 449
28 310
28 309
After tax
59 565
61 051
56 190
56 191
Living cost
5 229
5 229
5 229
5 229
Free-cash
54 336
55 822
50 961
50 962

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴26827
₴42456
₴44412
₴17995
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
pensions
-
-
-
7 774
city
-
-
-
892
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.

-
-
-
1 572
health
-
-
-
190
regional
-
-
-
5 523
national
-
-
-
3 492
total
-
-
-
19 443
Employee
24 159
-
76 627
-
health
55
-
172
-
unemployment
-
-
-
-
city
259
-
836
-
pensions
2 030
-
5 325
-
regional
791
-
5 036
-
national
114
-
3 001
-
total
3 249
-
14 370
-
Employer
24 159
-
76 627
-
health
55
-
172
-
pensions
2 030
-
5 325
-
unemployment
-
-
-
-
other

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

483
-
1 532
-
total
2 568
-
7 029
-
Corporate
57 508
84 500
-
-
regional
12 163
17 872
-
-
national
4 888
7 182
-
-
total
17 051
25 054
-
-
Dividends
40 457
59 446
-
-
withholding
14 160
20 806
-
-
total
14 160
20 806
-
-
Income
84 500
84 500
84 500
84 500
Total tax
37 028
45 860
21 399
19 443
After tax
47 472
38 640
63 101
65 057
Living cost
20 644
20 644
20 644
20 644
Free-cash
26 827
17 995
42 456
44 412

Estimated living cost  is ₴20644 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴40310
₴28664
₴38341
₴38684
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
municipal
-
-
-
14 999
health
-
-
-
1 175
national
-
-
-
18 339
total
-
-
-
34 513
Employee
15 960
-
71 086
-
health
119
-
968
-
unemployment
239
-
1 066
-
pensions
1 077
-
4 798
-
national
264
-
12 380
-
municipal
2 614
-
11 565
-
total
4 313
-
30 777
-
Employer
15 960
-
71 086
-
health
123
-
547
-
pensions
2 769
-
12 333
-
accident
16
-
71
-
unemployment
104
-
462
-
total
3 012
-
13 413
-
Corporate
65 529
84 500
-
-
income
13 106
16 900
-
-
total
13 106
16 900
-
-
Dividends

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

39 317
50 700
-
-
municipal
7 077
9 126
-
-
national
5 036
8 144
-
-
total
12 113
17 270
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 544
34 170
44 190
34 513
After tax
51 956
50 330
40 310
49 987
Living cost
11 646
11 646
11 646
11 646
Free-cash
40 310
38 684
28 664
38 341

Estimated living cost  is ₴11646 per week

₴7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴31585
₴16955
₴25775
₴34404
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
communal

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

-
-
-
4 616
social contributions
-
-
-
7 563
national
-
-
-
35 486
total
-
-
-
47 665
Employee

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

21 698
-
65 448
-
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.

1 019
-
3 076
-
communal

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

1 132
-
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.

189
-
569
-
pensions

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

1 627
-
4 909
-
national
6 671
-
25 465
-
total
10 638
-
37 433
-
Employer

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

21 698
-
65 448
-
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.

1 334
-
4 025
-
pensions

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

1 923
-
5 799
-
surtax
2 460
-
7 421
-
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.

282
-
851
-
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.

317
-
956
-
total
6 316
-
19 052
-
Corporate
56 486
84 500
-
-
income
11 297
19 324
-
-
surtax
226
386
-
-
total
11 523
19 710
-
-
Dividends
44 963
64 790
-
-
withholding

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

13 378
19 326
-
-
total
13 378
19 326
-
-
Income
84 500
84 500
84 500
84 500
Total tax
41 855
39 036
56 485
47 665
After tax
42 645
45 464
28 015
36 835
Living cost
11 060
11 060
11 060
11 060
Free-cash
31 585
34 404
16 955
25 775

Estimated living cost  is ₴11060 per week

₴7124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴32710
₴28303
₴28621
₴33005
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
unemployment
-
-
-
29
municipal
-
-
-
22 712
other
-
-
-
3 344
health
-
-
-
1 796
national
-
-
-
11 697
accident
-
-
-
58
pensions
-
-
-
3 111
total
-
-
-
42 747
Employee
18 711
-
75 457
-
national
-
-
11 521
-
municipal
5 580
-
22 501
-
total
5 580
-
34 022
-
Employer
18 711
-
75 457
-
health
1 151
-
1 770
-
pensions
2 023
-
3 111
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 174
-
3 344
-
total
5 879
-
9 043
-
Corporate
59 910
84 500
-
-
income
13 180
18 590
-
-
total
13 180
18 590
-
-
Dividends
46 730
65 910
-
-
withholding
14 019
19 773
-
-
total
14 019
19 773
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 658
38 363
43 065
42 747
After tax
45 842
46 137
41 435
41 753
Living cost
13 132
13 132
13 132
13 132
Free-cash
32 710
33 005
28 303
28 621

Estimated living cost  is ₴13132 per week

₴8703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴20745
₴65467
₴43810
₴36824
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
-
-
-
16 471
social contributions
-
-
-
9 633
total
-
-
-
26 104
Employee
20 914
-
-
-
income
4 613
-
-
-
social contributions
1 715
-
244
-
total
6 328
-
244
-
Employer
20 914
-
-
-
social contributions
29 489
-
4 203
-
total
29 489
-
4 203
-
Corporate
34 096
84 500
-
-
income
7 501
18 590
-
-
total
7 501
18 590
-
-
Dividends
26 595
65 910
-
-
income
5 851
14 500
-
-
total
5 851
14 500
-
-
Income
84 500
84 500
84 500
84 500
Total tax
49 169
33 090
4 447
26 104
After tax
35 331
51 410
80 053
58 396
Living cost
14 586
14 586
14 586
14 586
Free-cash
20 745
36 824
65 467
43 810

Estimated living cost  is ₴14586 per week

₴9464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴50446
₴45703
₴46361
₴51702
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
-
-
-
21 237
health
-
-
-
2 155
social contributions
-
-
-
4 908
total
-
-
-
28 300
Employee
23 326
23 326
80 401
-
health
232
397
1 367
-
income
2 449
2 159
20 882
-
social contributions
1 133
1 936
2 611
-
total
3 814
4 492
24 860
-
Employer
23 326
23 326
80 401
-
health
253
432
1 487
-
social contributions
1 133
1 936
2 611
-
total
1 386
2 368
4 098
-
Corporate
69 460
58 807
-
-
income
8 683
7 351
-
-
total
8 683
7 351
-
-
Dividends
60 777
51 456
-
-
withholding
10 332
8 748
-
-
total
10 332
8 748
-
-
Income
84 500
84 500
84 500
84 500
Total tax
24 215
22 959
28 958
28 300
After tax
60 285
61 541
55 542
56 200
Living cost
9 839
9 839
9 839
9 839
Free-cash
50 446
51 702
45 703
46 361

Estimated living cost  is ₴9839 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴42637
₴35252
₴42718
₴40911
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
-
-
-
27 672
pensions
-
-
-
3 285
total
-
-
-
30 957
Employee
14 859
-
73 509
-
health
194
-
937
-
pensions
1 134
-
3 798
-
income
2 706
-
22 696
-
total
4 034
-
27 431
-
Employer
14 859
-
73 509
-
health
282
-
1 397
-
pensions
1 501
-
9 595
-
total
1 783
-
10 992
-
Corporate
67 858
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.

12 893
16 055
-
-
total
12 893
16 055
-
-
Dividends
54 965
68 445
-
-
withholding
12 328
16 709
-
-
total
12 328
16 709
-
-
Income
84 500
84 500
84 500
84 500
Total tax
31 038
32 764
38 423
30 957
After tax
53 462
51 736
46 077
53 543
Living cost
10 825
10 825
10 825
10 825
Free-cash
42 637
40 911
35 252
42 718

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴31044
₴26036
₴28527
₴32424
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
municipal
-
-
-
624
regional
-
-
-
2 207
social contributions
-
-
-
15 182
national
-
-
-
25 875
total
-
-
-
43 888
Employee
25 562
-
84 500
-
social contributions
8 619
-
19 904
-
regional
386
-
2 050
-
national
4 320
-
23 845
-
municipal
153
-
581
-
total
13 478
-
46 380
-
Employer
25 562
-
84 500
-
total
-
-
-
-
Corporate
58 938
84 500
-
-
nationa
14 145
20 280
-
-
municipal
2 841
4 073
-
-
total
16 986
24 353
-
-
Dividends
41 953
60 147
-
-
withholding
10 907
15 638
-
-
total
10 907
15 638
-
-
Income
84 500
84 500
84 500
84 500
Total tax
41 371
39 991
46 380
43 888
After tax
43 129
44 509
38 120
40 612
Living cost
12 084
12 084
12 084
12 084
Free-cash
31 044
32 424
26 036
28 527

Estimated living cost  is ₴12084 per week

₴8489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴5852
₴40579
₴51179
₴376
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
pensions
-
-
-
1 223
income
-
-
-
24 805
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
26 852
Employee
10 176
-
78 045
-
health
1 165
-
8 936
-
pensions
1 146
-
2 243
-
income
1 396
-
19 818
-
total
3 707
-
30 997
-
Employer
10 176
-
78 045
-
pensions
1 655
-
3 240
-
accident
170
-
1 303
-
unemployment
249
-
1 912
-
total
2 074
-
6 455
-
Corporate
72 250
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.

65 025
76 050
-
-
total
65 025
76 050
-
-
Dividends
7 225
8 450
-
-
withholding
1 373
1 605
-
-
total
1 373
1 605
-
-
Income
84 500
84 500
84 500
84 500
Total tax
72 179
77 655
37 452
26 852
After tax
12 321
6 845
47 048
57 648
Living cost
6 469
6 469
6 469
6 469
Free-cash
5 852
376
40 579
51 179

Estimated living cost  is ₴6469 per week

₴4741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴1234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴35694
₴39526
₴29424
₴31726
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
trade
-
-
-
10 102
income

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

-
-
-
29 565
health

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

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

-
-
-
2 072
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.

-
-
-
1 626
total
-
-
-
43 365
Employee

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

15 093
-
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.

2 072
-
2 072
-
income

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

1 241
-
29 565
-
surtax

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

69
-
1 626
-
total
3 382
-
33 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 407
84 500
-
-
income
10 411
12 675
-
-
trade
9 960
12 126
-
-
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.

573
697
-
-
chamber of commerce
148
170
-
-
total
21 092
25 668
-
-
Dividends
48 315
58 833
-
-
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.

658
802
-
-
withholding
11 963
14 593
-
-
total
12 621
15 395
-
-
Income
84 500
84 500
84 500
84 500
Total tax
37 095
41 063
33 263
43 365
After tax
47 405
43 437
51 237
41 135
Living cost
11 711
11 711
11 711
11 711
Free-cash
35 694
31 726
39 526
29 424

Estimated living cost  is ₴11711 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴58801
₴31282
₴25519
₴61289
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
income
-
-
-
19 501
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 622
surtax
-
-
-
21 547
total
-
-
-
52 670
Employee
8 864
-
68 280
-
income
1 578
-
16 809
-
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.

975
-
3 977
-
surtax
-
-
9 901
-
total
2 553
-
30 687
-
Employer
8 864
-
68 280
-
social contributions

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

2 135
-
8 709
-
surtax
-
-
7 511
-
total
2 135
-
16 220
-
Corporate
73 501
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%.

14 700
16 900
-
-
total
14 700
16 900
-
-
Dividends

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

58 801
67 600
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
19 388
16 900
46 907
52 670
After tax
65 112
67 600
37 593
31 830
Living cost
6 311
6 311
6 311
6 311
Free-cash
58 801
61 289
31 282
25 519

Estimated living cost  is ₴6311 per week

₴4026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴48358
₴48699
₴48966
₴48974
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
-
-
-
27 056
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
31 780
Employee
5 718
-
81 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
26 912
-
total
1 964
-
28 966
-
Employer
5 718
-
81 419
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
77 495
84 500
-
-
income
17 049
18 590
-
-
total
17 049
18 590
-
-
Dividends
60 446
65 910
-
-
withholding
12 089
13 182
-
-
total
12 089
13 182
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 388
31 772
32 047
31 780
After tax
52 112
52 728
52 453
52 720
Living cost
3 754
3 754
3 754
3 754
Free-cash
48 358
48 974
48 699
48 966

Estimated living cost  is ₴3754 per week

₴2231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴45371
₴30908
₴32764
₴46337
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
pensions
-
-
-
8 097
unemployment
-
-
-
69
income
-
-
-
28 797
other
-
-
-
-
health
-
-
-
2 874
surtax
-
-
-
5 086
total
-
-
-
44 923
Employee
10 216
-
75 978
-
health
261
-
1 032
-
unemployment
711
-
2 818
-
pensions
682
-
2 700
-
income
1 713
-
26 983
-
other
-
-
-
-
surtax
36
-
4 724
-
total
3 403
-
38 257
-
Employer
10 216
-
75 978
-
health
465
-
1 842
-
pensions
1 362
-
5 397
-
unemployment
324
-
1 283
-
other
-
-
-
-
total
2 151
-
8 522
-
Corporate
72 134
84 500
-
-
income
18 755
21 970
-
-
total
18 755
21 970
-
-
Dividends
53 379
62 530
-
-
withholding
8 007
9 380
-
-
total
8 007
9 380
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 316
31 350
46 779
44 923
After tax
52 184
53 150
37 721
39 577
Living cost
6 813
6 813
6 813
6 813
Free-cash
45 371
46 337
30 908
32 764

Estimated living cost  is ₴6813 per week

₴4114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴36662
₴12051
₴33405
₴36811
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
pensions
-
-
-
6 556
chamber of commerce
-
-
-
338
unemployment
-
-
-
1 861