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
₴ 85500
per

Your estimated
City
free-cash

Valencia , Spain
₴46924
₴38008
₴39282
₴48263
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
-
-
-
85 500
unemployment
-
-
-
197
income
-
-
-
29 441
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 957
total
-
-
-
37 876
Employee
11 216
-
76 537
-
unemployment
174
-
436
-
pensions
527
-
1 322
-
income
2 162
-
28 400
-
other
11
-
28
-
total
2 874
-
30 186
-
Employer
11 216
-
76 537
-
pensions
2 647
-
6 636
-
accident
222
-
557
-
unemployment
617
-
1 546
-
other
90
-
225
-
total
3 576
-
8 964
-
Corporate
70 708
85 500
-
-
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.

10 606
12 825
-
-
total
10 606
12 825
-
-
Dividends
60 101
72 675
-
-
withholding
13 178
16 070
-
-
total
13 178
16 070
-
-
Income
85 500
85 500
85 500
85 500
Total tax
30 234
28 895
39 150
37 876
After tax
55 266
56 605
46 350
47 624
Living cost
8 342
8 342
8 342
8 342
Free-cash
46 924
48 263
38 008
39 282

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
₴52685
₴45191
₴45856
₴54734
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
-
-
-
85 500
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
-
-
-
16 269
other
-
-
-
2 191
health
-
-
-
2 030
total
-
-
-
31 561
Employee
11 014
-
73 655
-
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
-
16 046
-
total
2 931
-
20 382
-
Employer
11 014
-
73 655
-
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
-
589
-
unemployment
110
-
461
-
other
551
-
2 306
-
total
2 776
-
11 844
-
Corporate
71 710
85 500
-
-
income
15 059
17 955
-
-
total
15 059
17 955
-
-
Dividends
56 651
67 545
-
-
withholding
3 966
4 728
-
-
total
3 966
4 728
-
-
Income
85 500
85 500
85 500
85 500
Total tax
24 732
22 683
32 226
31 561
After tax
60 768
62 817
53 274
53 939
Living cost
8 083
8 083
8 083
8 083
Free-cash
52 685
54 734
45 191
45 856

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
₴67707
₴69554
₴65857
₴69119
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
-
-
-
85 500
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
-
-
-
12 825
health
-
-
-
1 221
total
-
-
-
15 659
Employee
5 275
-
83 418
-
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
-
8 342
-
total
1 291
-
9 879
-
Employer
5 275
-
83 418
-
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
79 190
85 500
-
-
income
7 919
8 550
-
-
total
7 919
8 550
-
-
Dividends
71 271
76 950
-
-
withholding
3 564
3 847
-
-
total
3 564
3 847
-
-
Income
85 500
85 500
85 500
85 500
Total tax
13 809
12 397
11 962
15 659
After tax
71 691
73 103
73 538
69 841
Living cost
3 984
3 984
3 984
3 984
Free-cash
67 707
69 119
69 554
65 857

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
₴34505
₴31312
₴34913
₴32714
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
-
-
-
85 500
income
-
-
-
18 317
other
-
-
-
2 650
health
-
-
-
4 616
social contributions
-
-
-
2 436
pensions
-
-
-
12 190
surtax
-
-
-
-
total
-
-
-
40 209
Employee
12 983
-
64 462
-
pensions
1 468
-
5 192
-
income
766
-
15 743
-
social contributions
370
-
1 836
-
surtax
-
-
-
-
total
2 604
-
22 771
-
Employer
12 983
-
64 462
-
health
909
-
6 804
-
social contributions
39
-
193
-
pensions
2 133
-
8 614
-
unemployment
526
-
2 611
-
other
448
-
2 817
-
total
4 055
-
21 039
-
Corporate
68 463
85 500
-
-
income
19 170
23 940
-
-
surtax
-
-
-
-
total
19 170
23 940
-
-
Dividends
49 293
61 560
-
-
social contributions
8 478
10 588
-
-
surtax
-
-
-
-
withholding
6 310
7 880
-
-
total
14 788
18 468
-
-
Income
85 500
85 500
85 500
85 500
Total tax
40 617
42 408
43 810
40 209
After tax
44 883
43 092
41 690
45 291
Living cost
10 378
10 378
10 378
10 378
Free-cash
34 505
32 714
31 312
34 913

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
₴28241
₴41941
₴32264
₴30100
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
-
-
-
85 500
pensions
-
-
-
3 554
income
-
-
-
33 233
health
-
-
-
3 741
total
-
-
-
40 528
Employee
25 904
25 904
79 863
-
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
17 918
-
total
12 879
11 176
25 213
-
Employer
25 904
25 904
79 863
-
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
55 377
55 059
-
-
income
11 076
11 012
-
-
total
11 076
11 012
-
-
Dividends
44 302
44 048
-
-
income
9 414
9 360
-
-
withholding
6 645
6 607
-
-
total
16 059
15 967
-
-
Income
85 500
85 500
85 500
85 500
Total tax
44 551
42 692
30 851
40 528
After tax
40 949
42 808
54 649
44 972
Living cost
12 708
12 708
12 708
12 708
Free-cash
28 241
30 100
41 941
32 264

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
₴37237
₴42606
₴31361
₴33883
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.

-
-
-
85 500
trade
-
-
-
11 245
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.

-
-
-
29 985
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.

-
-
-
1 649
total
-
-
-
44 951
Employee

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

11 602
-
85 500
-
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
-
29 985
-
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
-
1 649
-
total
2 414
-
33 706
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 898
85 500
-
-
income
11 085
12 825
-
-
trade
11 639
13 466
-
-
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.

610
705
-
-
chamber of commerce
152
169
-
-
total
23 486
27 165
-
-
Dividends
50 412
58 335
-
-
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.

687
796
-
-
withholding
12 488
14 468
-
-
total
13 175
15 264
-
-
Income
85 500
85 500
85 500
85 500
Total tax
39 075
42 429
33 706
44 951
After tax
46 425
43 071
51 794
40 549
Living cost
9 188
9 188
9 188
9 188
Free-cash
37 237
33 883
42 606
31 361

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
₴53595
₴49147
₴49811
₴55245
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
-
-
-
85 500
income
-
-
-
21 578
health
-
-
-
2 180
social contributions
-
-
-
4 908
total
-
-
-
28 666
Employee
23 326
23 326
81 384
-
health
181
397
1 383
-
income
2 540
2 159
21 220
-
social contributions
882
1 936
2 611
-
total
3 603
4 492
25 214
-
Employer
23 326
23 326
81 384
-
health
196
432
1 505
-
social contributions
882
1 936
2 611
-
total
1 078
2 368
4 116
-
Corporate
73 796
59 807
-
-
income
9 224
7 476
-
-
total
9 224
7 476
-
-
Dividends
64 572
52 331
-
-
withholding
10 977
8 896
-
-
total
10 977
8 896
-
-
Income
85 500
85 500
85 500
85 500
Total tax
24 882
23 232
29 330
28 666
After tax
60 618
62 268
56 170
56 834
Living cost
7 023
7 023
7 023
7 023
Free-cash
53 595
55 245
49 147
49 811

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
₴38812
₴26896
₴34217
₴39118
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.

-
-
-
85 500
income
-
-
-
12 057
social contributions

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

-
-
-
29 711
surtax
-
-
-
-
total
-
-
-
41 768
Employee
13 951
-
69 091
-
income
2 902
-
24 694
-
social contributions
1 535
-
7 600
-
surtax
-
-
386
-
total
4 437
-
32 680
-
Employer
13 951
-
69 091
-
social contributions
3 313
-
16 409
-
total
3 313
-
16 409
-
Corporate
68 235
85 500
-
-
income
14 329
17 955
-
-
surtax
-
-
-
-
total
14 329
17 955
-
-
Dividends
53 906
67 545
-
-
withholding
15 094
18 912
-
-
total
15 094
18 912
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 173
36 867
49 089
41 768
After tax
48 327
48 633
36 411
43 732
Living cost
9 515
9 515
9 515
9 515
Free-cash
38 812
39 118
26 896
34 217

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
₴78494
₴66100
₴82326
₴78925
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%.

-
-
-
85 500
microenterprise

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

-
-
-
874
total
-
-
-
874
Employee
2 875
-
85 500
-
income
575
-
17 100
-
total
575
-
17 100
-
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%.

82 625
85 500
-
-
total
-
-
-
-
Dividends
82 625
85 500
-
-
withholding
4 131
4 275
-
-
total
4 131
4 275
-
-
Income
85 500
85 500
85 500
85 500
Total tax
4 706
4 275
17 100
874
After tax
80 794
81 225
68 400
84 626
Living cost
2 300
2 300
2 300
2 300
Free-cash
78 494
78 925
66 100
82 326

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
₴48195
₴27880
₴29738
₴50731
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.

-
-
-
85 500
pensions
-
-
-
15 615
unemployment
-
-
-
128
income
-
-
-
23 470
health
-
-
-
8 413
total
-
-
-
47 626
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
-
73 981
-
health
866
-
4 780
-
unemployment
19
-
104
-
pensions
2 079
-
11 467
-
income
2 313
-
21 614
-
total
5 277
-
37 965
-
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
-
73 981
-
health
893
-
4 928
-
pensions
1 187
-
6 547
-
unemployment
8
-
44
-
total
2 088
-
11 519
-
Corporate
69 998
85 500
-
-
income
13 299
16 245
-
-
total
13 299
16 245
-
-
Dividends
56 698
69 255
-
-
withholding
8 505
10 388
-
-
total
8 505
10 388
-
-
Income
85 500
85 500
85 500
85 500
Total tax
29 169
26 633
49 484
47 626
After tax
56 331
58 867
36 016
37 874
Living cost
8 136
8 136
8 136
8 136
Free-cash
48 195
50 731
27 880
29 738

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
₴44021
₴47825
₴59756
₴42961
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.

-
-
-
85 500
income
-
-
-
12 825
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
-
-
-
14 733
Employee
13 916
-
84 105
-
social contributions
1 394
-
1 395
-
income
1 510
-
23 874
-
total
2 904
-
25 269
-
Employer
13 916
-
84 105
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
70 190
85 500
-
-
income
24 567
29 925
-
-
total
24 567
29 925
-
-
Dividends
45 624
55 575
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
85 500
85 500
85 500
85 500
Total tax
30 468
31 528
26 664
14 733
After tax
55 032
53 972
58 836
70 767
Living cost
11 011
11 011
11 011
11 011
Free-cash
44 021
42 961
47 825
59 756

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
₴45888
₴24805
₴48476
₴45730
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
-
-
-
85 500
income
-
-
-
12 825
health
-
-
-
5 968
social contributions
-
-
-
11 799
total
-
-
-
30 592
Employee
10 285
-
85 500
-
health
718
-
5 968
-
income
1 715
-
36 496
-
social contributions
1 420
-
11 799
-
total
3 853
-
54 263
-
Employer
10 285
-
85 500
-
total
-
-
-
-
Corporate
75 215
85 500
-
-
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%.

3 761
4 275
-
-
total
3 761
4 275
-
-
Dividends
71 454
81 225
-
-
social contributions
9 861
11 209
-
-
withholding
10 718
12 184
-
-
health
4 987
5 670
-
-
total
25 566
29 063
-
-
Income
85 500
85 500
85 500
85 500
Total tax
33 180
33 338
54 263
30 592
After tax
52 320
52 162
31 237
54 908
Living cost
6 432
6 432
6 432
6 432
Free-cash
45 888
45 730
24 805
48 476

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
₴47337
₴39824
₴43828
₴50369
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
-
-
-
85 500
income
-
-
-
9 605
health
-
-
-
11 542
social contributions
-
-
-
9 923
solidarity contribution
-
-
-
2 104
total
-
-
-
33 174
Employee
12 496
-
70 646
-
health
1 687
-
9 537
-
solidarity contribution
-
-
1 744
-
income
1 500
-
8 835
-
social contributions
812
-
2 209
-
total
3 999
-
22 325
-
Employer
12 496
-
70 646
-
health
1 125
-
6 358
-
social contributions
3 124
-
8 496
-
total
4 249
-
14 854
-
Corporate
68 755
85 500
-
-
income
13 063
16 245
-
-
total
13 063
16 245
-
-
Dividends
55 692
69 255
-
-
withholding
8 354
10 388
-
-
total
8 354
10 388
-
-
Income
85 500
85 500
85 500
85 500
Total tax
29 665
26 633
37 179
33 174
After tax
55 835
58 867
48 321
52 326
Living cost
8 498
8 498
8 498
8 498
Free-cash
47 337
50 369
39 824
43 828

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
₴76968
₴64815
₴81041
₴77640
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%.

-
-
-
85 500
microenterprise

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

-
-
-
874
total
-
-
-
874
Employee
4 481
-
85 500
-
income
896
-
17 100
-
total
896
-
17 100
-
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%.

81 019
85 500
-
-
total
-
-
-
-
Dividends
81 019
85 500
-
-
withholding
4 051
4 275
-
-
total
4 051
4 275
-
-
Income
85 500
85 500
85 500
85 500
Total tax
4 947
4 275
17 100
874
After tax
80 553
81 225
68 400
84 626
Living cost
3 585
3 585
3 585
3 585
Free-cash
76 968
77 640
64 815
81 041

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
₴30524
₴27039
₴30640
₴28441
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
-
-
-
85 500
income
-
-
-
18 317
other
-
-
-
2 650
health
-
-
-
4 616
social contributions
-
-
-
2 436
pensions
-
-
-
12 190
surtax
-
-
-
-
total
-
-
-
40 209
Employee
18 999
-
64 462
-
pensions
2 149
-
5 192
-
income
1 658
-
15 743
-
social contributions
541
-
1 836
-
surtax
-
-
-
-
total
4 348
-
22 771
-
Employer
18 999
-
64 462
-
health
1 330
-
6 804
-
social contributions
57
-
193
-
pensions
3 122
-
8 614
-
unemployment
770
-
2 611
-
other
656
-
2 817
-
total
5 935
-
21 039
-
Corporate
60 567
85 500
-
-
income
16 959
23 940
-
-
surtax
-
-
-
-
total
16 959
23 940
-
-
Dividends
43 608
61 560
-
-
social contributions
7 501
10 588
-
-
surtax
-
-
-
-
withholding
5 582
7 880
-
-
total
13 083
18 468
-
-
Income
85 500
85 500
85 500
85 500
Total tax
40 325
42 408
43 810
40 209
After tax
45 175
43 092
41 690
45 291
Living cost
14 651
14 651
14 651
14 651
Free-cash
30 524
28 441
27 039
30 640

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
₴55058
₴51711
₴51712
₴56545
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.

-
-
-
85 500
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
20 112
health
-
-
-
2 302
total
-
-
-
28 559
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
-
81 500
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 128
-
income
1 087
-
20 112
-
total
2 656
-
24 559
-
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
-
81 500
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
76 203
85 500
-
-
income
11 430
12 825
-
-
total
11 430
12 825
-
-
Dividends
64 773
72 675
-
-
withholding
9 716
10 901
-
-
total
9 716
10 901
-
-
Income
85 500
85 500
85 500
85 500
Total tax
25 213
23 726
28 560
28 559
After tax
60 287
61 774
56 940
56 941
Living cost
5 229
5 229
5 229
5 229
Free-cash
55 058
56 545
51 711
51 712

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
₴27285
₴43170
₴45107
₴18453
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
-
-
-
85 500
pensions
-
-
-
7 866
city
-
-
-
903
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
-
-
-
192
regional
-
-
-
5 623
national
-
-
-
3 592
total
-
-
-
19 748
Employee
24 159
-
77 551
-
health
55
-
174
-
unemployment
-
-
-
-
city
259
-
847
-
pensions
2 030
-
5 370
-
regional
791
-
5 122
-
national
114
-
3 077
-
total
3 249
-
14 590
-
Employer
24 159
-
77 551
-
health
55
-
174
-
pensions
2 030
-
5 370
-
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
-
1 551
-
total
2 568
-
7 095
-
Corporate
58 508
85 500
-
-
regional
12 374
18 083
-
-
national
4 973
7 267
-
-
total
17 347
25 350
-
-
Dividends
41 160
60 149
-
-
withholding
14 406
21 052
-
-
total
14 406
21 052
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 570
46 402
21 685
19 748
After tax
47 930
39 098
63 815
65 752
Living cost
20 644
20 644
20 644
20 644
Free-cash
27 285
18 453
43 170
45 107

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
₴40875
₴29047
₴38841
₴39188
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

-
-
-
85 500
municipal
-
-
-
15 176
health
-
-
-
1 190
national
-
-
-
18 647
total
-
-
-
35 013
Employee
15 960
-
71 927
-
health
119
-
981
-
unemployment
239
-
1 079
-
pensions
1 077
-
4 855
-
national
264
-
12 617
-
municipal
2 614
-
11 702
-
total
4 313
-
31 234
-
Employer
15 960
-
71 927
-
health
123
-
554
-
pensions
2 769
-
12 480
-
accident
16
-
72
-
unemployment
104
-
467
-
total
3 012
-
13 573
-
Corporate
66 529
85 500
-
-
income
13 306
17 100
-
-
total
13 306
17 100
-
-
Dividends

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

39 918
51 300
-
-
municipal
7 185
9 234
-
-
national
5 163
8 332
-
-
total
12 348
17 566
-
-
Income
85 500
85 500
85 500
85 500
Total tax
32 979
34 666
44 807
35 013
After tax
52 521
50 834
40 693
50 487
Living cost
11 646
11 646
11 646
11 646
Free-cash
40 875
39 188
29 047
38 841

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
₴32142
₴17252
₴26215
₴34896
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
-
-
-
85 500
communal

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

-
-
-
4 676
social contributions
-
-
-
7 563
national
-
-
-
35 986
total
-
-
-
48 225
Employee

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

21 698
-
66 222
-
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
-
3 113
-
communal

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

1 132
-
3 454
-
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
-
576
-
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
-
4 967
-
national
6 671
-
25 801
-
total
10 638
-
37 911
-
Employer

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

21 698
-
66 222
-
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
-
4 072
-
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
-
5 867
-
surtax
2 460
-
7 510
-
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
-
861
-
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
-
967
-
total
6 316
-
19 277
-
Corporate
57 486
85 500
-
-
income
11 497
19 614
-
-
surtax
230
392
-
-
total
11 727
20 006
-
-
Dividends
45 759
65 494
-
-
withholding

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

13 617
19 538
-
-
total
13 617
19 538
-
-
Income
85 500
85 500
85 500
85 500
Total tax
42 298
39 544
57 188
48 225
After tax
43 202
45 956
28 312
37 275
Living cost
11 060
11 060
11 060
11 060
Free-cash
32 142
34 896
17 252
26 215

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
₴33256
₴28754
₴29073
₴33551
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
-
-
-
85 500
unemployment
-
-
-
29
municipal
-
-
-
23 010
other
-
-
-
3 344
health
-
-
-
1 796
national
-
-
-
11 947
accident
-
-
-
58
pensions
-
-
-
3 111
total
-
-
-
43 295
Employee
18 711
-
76 457
-
national
-
-
11 771
-
municipal
5 580
-
22 800
-
total
5 580
-
34 571
-
Employer
18 711
-
76 457
-
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
60 910
85 500
-
-
income
13 400
18 810
-
-
total
13 400
18 810
-
-
Dividends
47 510
66 690
-
-
withholding
14 253
20 007
-
-
total
14 253
20 007
-
-
Income
85 500
85 500
85 500
85 500
Total tax
39 112
38 817
43 614
43 295
After tax
46 388
46 683
41 886
42 205
Living cost
13 132
13 132
13 132
13 132
Free-cash
33 256
33 551
28 754
29 073

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
₴21353
₴66467
₴44501
₴37432
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
-
-
-
85 500
income
-
-
-
16 666
social contributions
-
-
-
9 747
total
-
-
-
26 413
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
35 096
85 500
-
-
income
7 721
18 810
-
-
total
7 721
18 810
-
-
Dividends
27 375
66 690
-
-
income
6 023
14 672
-
-
total
6 023
14 672
-
-
Income
85 500
85 500
85 500
85 500
Total tax
49 561
33 482
4 447
26 413
After tax
35 939
52 018
81 053
59 087
Living cost
14 586
14 586
14 586
14 586
Free-cash
21 353
37 432
66 467
44 501

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
₴51173
₴46331
₴46995
₴52429
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
-
-
-
85 500
income
-
-
-
21 578
health
-
-
-
2 180
social contributions
-
-
-
4 908
total
-
-
-
28 666
Employee
23 326
23 326
81 384
-
health
232
397
1 383
-
income
2 449
2 159
21 220
-
social contributions
1 133
1 936
2 611
-
total
3 814
4 492
25 214
-
Employer
23 326
23 326
81 384
-
health
253
432
1 505
-
social contributions
1 133
1 936
2 611
-
total
1 386
2 368
4 116
-
Corporate
70 460
59 807
-
-
income
8 807
7 476
-
-
total
8 807
7 476
-
-
Dividends
61 653
52 331
-
-
withholding
10 481
8 896
-
-
total
10 481
8 896
-
-
Income
85 500
85 500
85 500
85 500
Total tax
24 488
23 232
29 330
28 666
After tax
61 012
62 268
56 170
56 834
Living cost
9 839
9 839
9 839
9 839
Free-cash
51 173
52 429
46 331
46 995

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
₴43184
₴35755
₴43305
₴41458
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
-
-
-
85 500
income
-
-
-
28 064
pensions
-
-
-
3 306
total
-
-
-
31 370
Employee
14 859
-
74 373
-
health
194
-
946
-
pensions
1 134
-
3 816
-
income
2 706
-
23 031
-
total
4 034
-
27 793
-
Employer
14 859
-
74 373
-
health
282
-
1 413
-
pensions
1 501
-
9 714
-
total
1 783
-
11 127
-
Corporate
68 858
85 500
-
-
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.

13 083
16 245
-
-
total
13 083
16 245
-
-
Dividends
55 775
69 255
-
-
withholding
12 591
16 972
-
-
total
12 591
16 972
-
-
Income
85 500
85 500
85 500
85 500
Total tax
31 491
33 217
38 920
31 370
After tax
54 009
52 283
46 580
54 130
Living cost
10 825
10 825
10 825
10 825
Free-cash
43 184
41 458
35 755
43 305

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
₴31570
₴26562
₴29055
₴32951
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
-
-
-
85 500
municipal
-
-
-
633
regional
-
-
-
2 240
social contributions
-
-
-
15 182
national
-
-
-
26 305
total
-
-
-
44 360
Employee
25 562
-
85 500
-
social contributions
8 619
-
19 904
-
regional
386
-
2 083
-
national
4 320
-
24 275
-
municipal
153
-
591
-
total
13 478
-
46 853
-
Employer
25 562
-
85 500
-
total
-
-
-
-
Corporate
59 938
85 500
-
-
nationa
14 385
20 520
-
-
municipal
2 889
4 121
-
-
total
17 274
24 641
-
-
Dividends
42 664
60 859
-
-
withholding
11 093
15 823
-
-
total
11 093
15 823
-
-
Income
85 500
85 500
85 500
85 500
Total tax
41 845
40 464
46 853
44 360
After tax
43 655
45 036
38 647
41 140
Living cost
12 084
12 084
12 084
12 084
Free-cash
31 570
32 951
26 562
29 055

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
₴5933
₴41157
₴51859
₴457
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
-
-
-
85 500
pensions
-
-
-
1 223
income
-
-
-
25 125
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
27 172
Employee
10 176
-
79 006
-
health
1 165
-
9 046
-
pensions
1 146
-
2 243
-
income
1 396
-
20 090
-
total
3 707
-
31 379
-
Employer
10 176
-
79 006
-
pensions
1 655
-
3 240
-
accident
170
-
1 319
-
unemployment
249
-
1 936
-
total
2 074
-
6 495
-
Corporate
73 250
85 500
-
-
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.

65 925
76 950
-
-
total
65 925
76 950
-
-
Dividends
7 325
8 550
-
-
withholding
1 392
1 624
-
-
total
1 392
1 624
-
-
Income
85 500
85 500
85 500
85 500
Total tax
73 098
78 574
37 874
27 172
After tax
12 402
6 926
47 626
58 328
Living cost
6 469
6 469
6 469
6 469
Free-cash
5 933
457
41 157
51 859

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
₴36207
₴40083
₴29838
₴32239
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.

-
-
-
85 500
trade
-
-
-
10 245
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.

-
-
-
29 985
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.

-
-
-
1 649
total
-
-
-
43 951
Employee

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

15 093
-
85 500
-
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
-
29 985
-
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
-
1 649
-
total
3 382
-
33 706
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 407
85 500
-
-
income
10 561
12 825
-
-
trade
10 103
12 269
-
-
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.

581
705
-
-
chamber of commerce
149
172
-
-
total
21 394
25 971
-
-
Dividends
49 013
59 529
-
-
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.

668
812
-
-
withholding
12 138
14 767
-
-
total
12 806
15 579
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 582
41 550
33 706
43 951
After tax
47 918
43 950
51 794
41 549
Living cost
11 711
11 711
11 711
11 711
Free-cash
36 207
32 239
40 083
29 838

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
₴59601
₴31770
₴25949
₴62089
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.

-
-
-
85 500
income
-
-
-
19 816
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
-
-
-
21 802
total
-
-
-
53 240
Employee
8 864
-
69 181
-
income
1 578
-
17 092
-
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
-
-
10 031
-
total
2 553
-
31 100
-
Employer
8 864
-
69 181
-
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
-
-
7 610
-
total
2 135
-
16 319
-
Corporate
74 501
85 500
-
-
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%.

14 900
17 100
-
-
total
14 900
17 100
-
-
Dividends

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

59 601
68 400
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
19 588
17 100
47 419
53 240
After tax
65 912
68 400
38 081
32 260
Living cost
6 311
6 311
6 311
6 311
Free-cash
59 601
62 089
31 770
25 949

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
₴48982
₴49349
₴49616
₴49598
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
-
-
-
85 500
income
-
-
-
27 406
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
32 130
Employee
5 718
-
82 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
27 262
-
total
1 964
-
29 316
-
Employer
5 718
-
82 419
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
78 495
85 500
-
-
income
17 269
18 810
-
-
total
17 269
18 810
-
-
Dividends
61 226
66 690
-
-
withholding
12 245
13 338
-
-
total
12 245
13 338
-
-
Income
85 500
85 500
85 500
85 500
Total tax
32 764
32 148
32 397
32 130
After tax
52 736
53 352
53 103
53 370
Living cost
3 754
3 754
3 754
3 754
Free-cash
48 982
49 598
49 349
49 616

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
₴46000
₴31368
₴33224
₴46966
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
-
-
-
85 500
pensions
-
-
-
8 097
unemployment
-
-
-
69
income
-
-
-
29 247
other
-
-
-
-
health
-
-
-
2 874
surtax
-
-
-
5 176
total
-
-
-
45 463
Employee
10 216
-
76 978
-
health
261
-
1 032
-
unemployment
711
-
2 818
-
pensions
682
-
2 700
-
income
1 713
-
27 433
-
other
-
-
-
-
surtax
36
-
4 814
-
total
3 403
-
38 797
-
Employer
10 216
-
76 978
-
health
465
-
1 842
-
pensions
1 362
-
5 397
-
unemployment
324
-
1 283
-
other
-
-
-
-
total
2 151
-
8 522
-
Corporate
73 134
85 500
-
-
income
19 015
22 230
-
-
total
19 015
22 230
-
-
Dividends
54 119
63 270
-
-
withholding
8 118
9 491
-
-
total
8 118
9 491
-
-
Income
85 500
85 500
85 500
85 500
Total tax
32 687
31 721
47 319
45 463
After tax
52 813
53 779
38 181
40 037
Living cost
6 813
6 813
6 813
6 813
Free-cash
46 000
46 966
31 368
33 224

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
₴37205
₴12283
₴33901
₴37354
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
-
-
-
85 500
pensions
-
-
-
6 556
chamber of commerce
-
-
-
342
unemployment
-
-
-
1 861