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
₴ 89000
per

Your estimated
City
free-cash

Dresden , Germany
₴29815
₴41348
₴30974
₴35319
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.

-
-
-
89 000
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.

-
-
-
27 661
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.

-
-
-
1 521
health

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

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

-
-
-
3 399
trade
-
-
-
10 374
total
-
-
-
42 955
Employee

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

19 032
-
89 000
-
surtax

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

29
-
1 521
-
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.

532
-
27 661
-
health

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

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

3 399
-
3 399
-
total
3 960
-
32 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 968
89 000
-
-
income
10 495
13 350
-
-
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.

577
735
-
-
chamber of commerce
176
203
-
-
trade
11 020
14 018
-
-
total
22 268
28 306
-
-
Dividends
47 701
60 695
-
-
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.

646
824
-
-
withholding
11 736
14 984
-
-
total
12 382
15 808
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 610
44 114
32 581
42 955
After tax
50 390
44 886
56 419
46 045
Living cost
15 071
15 071
15 071
15 071
Free-cash
35 319
29 815
41 348
30 974

Estimated living cost  is ₴15071 per week

₴9480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴29039
₴26752
₴26063
₴28598
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
-
-
-
89 000
social contributions
-
-
-
957
municipal
-
-
-
9 728
national
-
-
-
15 075
pensions
-
-
-
10 680
total
-
-
-
36 440
Employee
41 075
-
76 940
-
municipal
5 073
-
10 073
-
pensions
1 643
-
3 078
-
national
7 862
-
15 618
-
total
14 578
-
28 769
-
Employer
41 075
-
76 940
-
pensions
3 286
-
6 155
-
social contributions
442
-
827
-
total
3 728
-
6 982
-
Corporate
41 487
89 000
-
-
income

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

8 297
17 800
-
-
total
8 297
17 800
-
-
Dividends
33 190
71 200
-
-
withholding
7 302
15 664
-
-
total
7 302
15 664
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 905
33 464
35 751
36 440
After tax
55 095
55 536
53 249
52 560
Living cost
26 497
26 497
26 497
26 497
Free-cash
28 598
29 039
26 752
26 063

Estimated living cost  is ₴26497 per week

₴18009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴5627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₴60848
₴27135
₴20476
₴56767
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.

-
-
-
89 000
income
-
-
-
16 412
surtax
-
-
-
22 695
social contributions

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

-
-
-
19 065
microenterprise
-
-
-
-
total
-
-
-
58 172
Employee
14 540
-
67 310
-
surtax
-
-
9 760
-
social contributions

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

1 600
-
6 523
-
income
2 588
-
13 540
-
total
4 188
-
29 823
-
Employer
14 540
-
67 310
-
social contributions

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

3 502
-
14 286
-
surtax
-
-
7 404
-
total
3 502
-
21 690
-
Corporate
70 958
89 000
-
-
income

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

14 191
17 800
-
-
total
14 191
17 800
-
-
Dividends

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

56 767
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
21 881
17 800
51 513
58 172
After tax
67 119
71 200
37 487
30 828
Living cost
10 352
10 352
10 352
10 352
Free-cash
56 767
60 848
27 135
20 476

Estimated living cost  is ₴10352 per week

₴6604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴23238
₴34907
₴28196
₴20189
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
-
-
-
89 000
income
-
-
-
27 993
health
-
-
-
6 136
pensions
-
-
-
5 830
total
-
-
-
39 959
Employee
42 492
42 492
79 753
-
pensions
7 649
5 830
5 830
-
income

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

6 955
6 955
12 035
-
health
6 522
5 548
6 136
-
total
21 126
18 333
24 001
-
Employer
42 492
42 492
79 753
-
health
2 954
2 954
3 670
-
pensions
2 957
2 957
3 676
-
unemployment
1 530
1 530
1 901
-
total
7 441
7 441
9 247
-
Corporate
39 589
39 067
-
-
income
7 918
7 814
-
-
total
7 918
7 814
-
-
Dividends
31 671
31 254
-
-
income
6 730
6 641
-
-
withholding
4 751
4 688
-
-
total
11 481
11 329
-
-
Income
89 000
89 000
89 000
89 000
Total tax
47 966
44 917
33 248
39 959
After tax
41 034
44 083
55 752
49 041
Living cost
20 845
20 845
20 845
20 845
Free-cash
20 189
23 238
34 907
28 196

Estimated living cost  is ₴20845 per week

₴14772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴3862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴28726
₴25271
₴25753
₴28280
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
-
-
-
89 000
accident
-
-
-
87
other
-
-
-
5 060
unemployment
-
-
-
44
health
-
-
-
2 717
municipal
-
-
-
22 778
national
-
-
-
7 986
pensions
-
-
-
4 707
total
-
-
-
43 379
Employee
28 310
-
75 319
-
municipal
8 442
-
22 460
-
national
-
-
7 719
-
total
8 442
-
30 179
-
Employer
28 310
-
75 319
-
health
1 741
-
2 678
-
pensions
3 060
-
4 707
-
accident
57
-
87
-
unemployment
747
-
1 150
-
other
3 290
-
5 060
-
total
8 895
-
13 682
-
Corporate
51 795
89 000
-
-
income
11 395
19 580
-
-
total
11 395
19 580
-
-
Dividends
40 400
69 420
-
-
withholding
12 120
20 826
-
-
total
12 120
20 826
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 852
40 406
43 861
43 379
After tax
48 148
48 594
45 139
45 621
Living cost
19 868
19 868
19 868
19 868
Free-cash
28 280
28 726
25 271
25 753

Estimated living cost  is ₴19868 per week

₴13168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴24880
₴36872
₴26038
₴31874
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.

-
-
-
89 000
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.

-
-
-
27 661
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.

-
-
-
1 521
health

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

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

-
-
-
3 399
trade
-
-
-
10 834
total
-
-
-
43 415
Employee

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

25 234
-
89 000
-
surtax

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

119
-
1 521
-
income

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

2 168
-
27 661
-
health

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

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

3 399
-
3 399
-
total
5 686
-
32 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 766
89 000
-
-
income
9 565
13 350
-
-
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.

526
735
-
-
chamber of commerce
166
202
-
-
trade
10 490
14 641
-
-
total
20 747
28 928
-
-
Dividends
43 019
60 073
-
-
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
816
-
-
withholding
10 565
14 829
-
-
total
11 146
15 645
-
-
Income
89 000
89 000
89 000
89 000
Total tax
37 579
44 573
32 581
43 415
After tax
51 421
44 427
56 419
45 585
Living cost
19 547
19 547
19 547
19 547
Free-cash
31 874
24 880
36 872
26 038

Estimated living cost  is ₴19547 per week

₴13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2061
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴48782
₴43846
₴44625
₴46719
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
-
-
-
89 000
income
-
-
-
17 916
social contributions
-
-
-
8 051
health
-
-
-
2 269
total
-
-
-
28 236
Employee
38 262
38 262
83 178
-
social contributions
1 859
3 176
4 283
-
income
4 018
3 542
17 496
-
health
381
651
1 414
-
total
6 258
7 369
23 193
-
Employer
38 262
38 262
83 178
-
health
415
708
1 539
-
social contributions
1 859
3 176
4 283
-
total
2 274
3 884
5 822
-
Corporate
64 329
46 854
-
-
income
8 041
5 856
-
-
total
8 041
5 856
-
-
Dividends
56 288
40 998
-
-
withholding
9 569
6 970
-
-
total
9 569
6 970
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 142
24 079
29 015
28 236
After tax
62 858
64 921
59 985
60 764
Living cost
16 139
16 139
16 139
16 139
Free-cash
46 719
48 782
43 846
44 625

Estimated living cost  is ₴16139 per week

₴11033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴41062
₴42664
₴52725
₴41246
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
-
-
-
89 000
income
-
-
-
10 880
unemployment
-
-
-
1 335
health
-
-
-
6 230
pensions
-
-
-
8 900
total
-
-
-
27 345
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

12 891
5 130
74 477
-
unemployment
193
77
1 117
-
pensions
1 289
513
7 448
-
income
1 576
627
9 105
-
health
902
359
5 213
-
total
3 960
1 576
22 883
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

12 891
5 130
74 477
-
pensions
2 514
1 000
14 523
-
total
2 514
1 000
14 523
-
Corporate
73 595
82 869
-
-
income
6 624
7 458
-
-
total
6 624
7 458
-
-
Dividends
66 972
75 411
-
-
social contributions
13 001
14 646
-
-
withholding
12 725
14 328
-
-
total
25 726
28 974
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 824
39 008
37 406
27 345
After tax
50 176
49 992
51 594
61 655
Living cost
8 930
8 930
8 930
8 930
Free-cash
41 246
41 062
42 664
52 725

Estimated living cost  is ₴8930 per week

₴6094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴1927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴59181
₴39278
₴35685
₴56091
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
-
-
-
89 000
income
-
-
-
11 926
health
-
-
-
11 570
pensions
-
-
-
17 800
total
-
-
-
41 296
Employee
14 116
-
66 516
-
unemployment
226
-
1 064
-
pensions
282
-
1 330
-
income
1 589
-
12 824
-
total
2 097
-
15 218
-
Employer
14 116
-
66 516
-
health
1 835
-
8 648
-
pensions
2 823
-
13 304
-
unemployment
113
-
533
-
total
4 771
-
22 485
-
Corporate
70 113
89 000
-
-
income
14 022
17 800
-
-
total
14 022
17 800
-
-
Dividends
56 091
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
20 890
17 800
37 703
41 296
After tax
68 110
71 200
51 297
47 704
Living cost
12 019
12 019
12 019
12 019
Free-cash
56 091
59 181
39 278
35 685

Estimated living cost  is ₴12019 per week

₴8243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴3905
₴37230
₴49726
₴5504
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
-
-
-
89 000
accident
-
-
-
128
income
-
-
-
24 641
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
28 160
Employee
17 483
-
80 133
-
pensions
1 969
-
3 854
-
income
2 398
-
18 760
-
health
2 002
-
9 175
-
total
6 369
-
31 789
-
Employer
17 483
-
80 133
-
pensions
2 843
-
5 566
-
accident
292
-
1 338
-
unemployment
428
-
1 963
-
total
3 563
-
8 867
-
Corporate
67 954
89 000
-
-
income

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

61 159
80 100
-
-
total
61 159
80 100
-
-
Dividends
6 796
8 900
-
-
withholding
1 291
1 691
-
-
total
1 291
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
72 382
81 791
40 656
28 160
After tax
16 618
7 209
48 344
60 840
Living cost
11 114
11 114
11 114
11 114
Free-cash
5 504
-3 905
37 230
49 726

Estimated living cost  is ₴11114 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴80532
₴67182
₴84092
₴79779
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%.

-
-
-
89 000
microenterprise

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

-
-
-
890
total
-
-
-
890
Employee
5 022
-
89 000
-
income
1 004
-
17 800
-
total
1 004
-
17 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 978
89 000
-
-
total
-
-
-
-
Dividends
83 978
89 000
-
-
withholding
4 199
4 450
-
-
total
4 199
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 203
4 450
17 800
890
After tax
83 797
84 550
71 200
88 110
Living cost
4 018
4 018
4 018
4 018
Free-cash
79 779
80 532
67 182
84 092

Estimated living cost  is ₴4018 per week

₴2490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴52130
₴37152
₴36784
₴48771
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
-
-
-
89 000
income
-
-
-
13 874
other
-
-
-
3 594
health
-
-
-
3 329
pensions

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

-
-
-
18 160
total
-
-
-
38 957
Employee
18 067
-
71 085
-
unemployment
180
-
711
-
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.

1 264
-
4 975
-
income
3 110
-
13 996
-
health
253
-
995
-
total
4 807
-
20 677
-
Employer
18 067
-
71 085
-
health
253
-
995
-
pensions

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

3 072
-
12 084
-
accident
144
-
568
-
unemployment
180
-
711
-
other
904
-
3 554
-
total
4 553
-
17 912
-
Corporate
66 380
89 000
-
-
income
13 940
18 690
-
-
total
13 940
18 690
-
-
Dividends
52 440
70 310
-
-
withholding
3 670
4 921
-
-
total
3 670
4 921
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 970
23 611
38 589
38 957
After tax
62 030
65 389
50 411
50 043
Living cost
13 259
13 259
13 259
13 259
Free-cash
48 771
52 130
37 152
36 784

Estimated living cost  is ₴13259 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴24820
₴17575
₴25623
₴26549
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
-
-
-
89 000
income
-
-
-
25 574
pensions
-
-
-
4 506
total
-
-
-
30 080
Employee
47 110
-
77 735
-
pensions
4 545
-
5 532
-
income
8 492
-
20 209
-
health
776
-
1 122
-
total
13 813
-
26 863
-
Employer
47 110
-
77 735
-
health
895
-
1 477
-
pensions
5 562
-
9 788
-
total
6 457
-
11 265
-
Corporate
35 433
89 000
-
-
income

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

6 732
16 910
-
-
total
6 732
16 910
-
-
Dividends
28 701
72 090
-
-
withholding
2 152
13 973
-
-
total
2 152
13 973
-
-
Income
89 000
89 000
89 000
89 000
Total tax
29 154
30 883
38 128
30 080
After tax
59 846
58 117
50 872
58 920
Living cost
33 297
33 297
33 297
33 297
Free-cash
26 549
24 820
17 575
25 623

Estimated living cost  is ₴33297 per week

₴24950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴4164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴69574
₴67996
₴64491
₴67264
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
-
-
-
89 000
income
-
-
-
13 350
unemployment
-
-
-
69
health
-
-
-
1 998
pensions

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

-
-
-
2 571
total
-
-
-
17 988
Employee
8 635
-
85 591
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
863
-
8 559
-
health
397
-
799
-
total
2 113
-
11 075
-
Employer
8 635
-
85 591
-
health
596
-
1 199
-
pensions

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

952
-
1 914
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 408
-
Corporate
78 671
89 000
-
-
income
7 867
8 900
-
-
total
7 867
8 900
-
-
Dividends
70 804
80 100
-
-
withholding
3 540
4 005
-
-
total
3 540
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
15 215
12 905
14 483
17 988
After tax
73 785
76 095
74 517
71 012
Living cost
6 521
6 521
6 521
6 521
Free-cash
67 264
69 574
67 996
64 491

Estimated living cost  is ₴6521 per week

₴3807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
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.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴16491
₴28160
₴21449
₴17744
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
-
-
-
89 000
income
-
-
-
27 993
health
-
-
-
6 136
pensions
-
-
-
5 830
total
-
-
-
39 959
Employee
46 132
42 492
79 753
-
pensions
5 830
5 830
5 830
-
income

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

6 955
6 955
12 035
-
health
5 755
5 548
6 136
-
total
18 540
18 333
24 001
-
Employer
46 132
42 492
79 753
-
health
3 206
2 954
3 670
-
pensions
3 210
2 957
3 676
-
unemployment
1 661
1 530
1 901
-
total
8 077
7 441
9 247
-
Corporate
34 790
39 067
-
-
income
6 958
7 814
-
-
total
6 958
7 814
-
-
Dividends
27 832
31 254
-
-
income
5 914
6 641
-
-
withholding
4 175
4 688
-
-
total
10 089
11 329
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 664
44 917
33 248
39 959
After tax
45 336
44 083
55 752
49 041
Living cost
27 592
27 592
27 592
27 592
Free-cash
17 744
16 491
28 160
21 449

Estimated living cost  is ₴27592 per week

₴20354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
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.
₴4458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴49068
₴34355
₴38296
₴44711
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
-
-
-
89 000
income
-
-
-
8 912
social contributions
-
-
-
17 568
solidarity contribution
-
-
-
-
health
-
-
-
12 015
total
-
-
-
38 495
Employee
17 955
-
67 852
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 911
-
income
2 155
-
8 217
-
health
2 424
-
9 160
-
total
5 746
-
21 288
-
Employer
17 955
-
67 852
-
health
1 616
-
6 107
-
social contributions
4 489
-
15 041
-
total
6 105
-
21 148
-
Corporate
64 941
89 000
-
-
income
12 339
16 910
-
-
total
12 339
16 910
-
-
Dividends
52 602
72 090
-
-
withholding
7 890
10 813
-
-
total
7 890
10 813
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 080
27 723
42 436
38 495
After tax
56 920
61 277
46 564
50 505
Living cost
12 209
12 209
12 209
12 209
Free-cash
44 711
49 068
34 355
38 296

Estimated living cost  is ₴12209 per week

₴8481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴26489
₴17441
₴21460
₴23891
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
-
-
-
89 000
social contributions
-
-
-
22 891
regional
-
-
-
1 052
municipal
-
-
-
529
national
-
-
-
22 072
total
-
-
-
46 544
Employee
44 222
-
89 000
-
municipal
234
-
472
-
national
7 663
-
19 152
-
regional
417
-
928
-
social contributions
14 912
-
30 011
-
total
23 226
-
50 563
-
Employer
44 222
-
89 000
-
total
-
-
-
-
Corporate
44 778
89 000
-
-
municipal
1 746
3 471
-
-
nationa
10 747
21 360
-
-
total
12 493
24 831
-
-
Dividends
32 285
64 169
-
-
withholding
8 394
16 684
-
-
total
8 394
16 684
-
-
Income
89 000
89 000
89 000
89 000
Total tax
44 113
41 515
50 563
46 544
After tax
44 887
47 485
38 437
42 456
Living cost
20 996
20 996
20 996
20 996
Free-cash
23 891
26 489
17 441
21 460

Estimated living cost  is ₴20996 per week

₴14636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴45001
₴28076
₴31118
₴43453
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
-
-
-
89 000
income
-
-
-
24 913
other
-
-
-
-
surtax
-
-
-
3 879
unemployment
-
-
-
113
health
-
-
-
4 715
pensions
-
-
-
13 282
total
-
-
-
46 902
Employee
16 455
-
75 021
-
other
-
-
-
-
unemployment
1 145
-
4 622
-
pensions
1 097
-
4 430
-
surtax
54
-
3 283
-
income
2 758
-
21 937
-
health
420
-
1 693
-
total
5 474
-
35 965
-
Employer
16 455
-
75 021
-
health
749
-
3 022
-
pensions
2 194
-
8 852
-
unemployment
521
-
2 105
-
other
-
-
-
-
total
3 464
-
13 979
-
Corporate
69 082
89 000
-
-
income
17 961
23 140
-
-
total
17 961
23 140
-
-
Dividends
51 121
65 860
-
-
withholding
7 668
9 879
-
-
total
7 668
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 567
33 019
49 944
46 902
After tax
54 433
55 981
39 056
42 098
Living cost
10 980
10 980
10 980
10 980
Free-cash
43 453
45 001
28 076
31 118

Estimated living cost  is ₴10980 per week

₴6714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
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.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴35370
₴28125
₴36173
₴38660
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
-
-
-
89 000
income
-
-
-
25 574
pensions
-
-
-
4 506
total
-
-
-
30 080
Employee
31 572
-
77 735
-
pensions
2 680
-
5 532
-
income
5 686
-
20 209
-
health
458
-
1 122
-
total
8 824
-
26 863
-
Employer
31 572
-
77 735
-
health
600
-
1 477
-
pensions
3 418
-
9 788
-
total
4 018
-
11 265
-
Corporate
53 411
89 000
-
-
income

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

10 148
16 910
-
-
total
10 148
16 910
-
-
Dividends
43 263
72 090
-
-
withholding
4 603
13 973
-
-
total
4 603
13 973
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 593
30 883
38 128
30 080
After tax
61 407
58 117
50 872
58 920
Living cost
22 747
22 747
22 747
22 747
Free-cash
38 660
35 370
28 125
36 173

Estimated living cost  is ₴22747 per week

₴17042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴3762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₴1378
₴28663
₴32770
₴18200
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
-
-
-
89 000
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.

-
-
-
1 780
regional
-
-
-
4 365
health
-
-
-
200
city
-
-
-
938
national
-
-
-
1 440
pensions
-
-
-
8 188
total
-
-
-
16 911
Employee
46 013
-
79 660
-
unemployment
-
-
-
-
pensions
3 866
-
6 691
-
national
218
-
1 069
-
regional
1 507
-
3 760
-
city
494
-
855
-
health
104
-
179
-
total
6 189
-
12 554
-
Employer
46 013
-
79 660
-
health
104
-
179
-
pensions
3 866
-
6 691
-
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.

920
-
1 594
-
total
4 890
-
8 464
-
Corporate
37 591
89 000
-
-
regional
7 951
18 824
-
-
national
3 195
7 565
-
-
total
11 146
26 389
-
-
Dividends
26 446
62 612
-
-
withholding
9 256
21 914
-
-
total
9 256
21 914
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 481
48 303
21 018
16 911
After tax
57 519
40 697
67 982
72 089
Living cost
39 319
39 319
39 319
39 319
Free-cash
18 200
1 378
28 663
32 770

Estimated living cost  is ₴39319 per week

₴25568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴483
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.
₴9739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴21175
₴33624
₴22328
₴29244
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.

-
-
-
89 000
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.

-
-
-
27 661
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.

-
-
-
1 521
health

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

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

-
-
-
3 399
trade
-
-
-
11 296
total
-
-
-
43 877
Employee

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

29 904
-
89 000
-
surtax

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

194
-
1 521
-
income

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

3 516
-
27 661
-
health

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

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

3 399
-
3 399
-
total
7 109
-
32 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 096
89 000
-
-
income
8 865
13 350
-
-
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.

487
735
-
-
chamber of commerce
159
201
-
-
trade
10 135
15 263
-
-
total
19 646
29 549
-
-
Dividends
39 451
59 451
-
-
surtax

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

532
807
-
-
withholding
9 674
14 674
-
-
total
10 206
15 481
-
-
Income
89 000
89 000
89 000
89 000
Total tax
36 961
45 030
32 581
43 877
After tax
52 039
43 970
56 419
45 123
Living cost
22 795
22 795
22 795
22 795
Free-cash
29 244
21 175
33 624
22 328

Estimated living cost  is ₴22795 per week

₴16648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴27833
₴31725
₴33109
₴30770
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
-
-
-
89 000
income
-
-
-
14 027
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 535
health
-
-
-
3 805
pensions
-
-
-
15 741
total
-
-
-
38 867
Employee
21 296
-
68 889
-
pensions
2 408
-
4 786
-
surtax
-
-
-
-
social contributions
607
-
1 962
-
income
1 257
-
13 391
-
total
4 272
-
20 139
-
Employer
21 296
-
68 889
-
health
1 491
-
6 370
-
pensions
3 498
-
8 059
-
unemployment
862
-
2 790
-
social contributions
64
-
207
-
other
735
-
2 686
-
total
6 650
-
20 112
-
Corporate
61 054
89 000
-
-
income
17 095
24 920
-
-
surtax
-
-
-
-
total
17 095
24 920
-
-
Dividends
43 959
64 080
-
-
surtax
-
-
-
-
social contributions
7 562
11 021
-
-
withholding
5 627
8 202
-
-
total
13 189
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 206
44 143
40 251
38 867
After tax
47 794
44 857
48 749
50 133
Living cost
17 024
17 024
17 024
17 024
Free-cash
30 770
27 833
31 725
33 109

Estimated living cost  is ₴17024 per week

₴10734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴29520
₴33412
₴34796
₴32283
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
-
-
-
89 000
income
-
-
-
14 027
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 535
health
-
-
-
3 805
pensions
-
-
-
15 741
total
-
-
-
38 867
Employee
19 010
-
68 889
-
pensions
2 150
-
4 786
-
surtax
-
-
-
-
social contributions
542
-
1 962
-
income
980
-
13 391
-
total
3 672
-
20 139
-
Employer
19 010
-
68 889
-
health
1 330
-
6 370
-
pensions
3 124
-
8 059
-
unemployment
770
-
2 790
-
social contributions
57
-
207
-
other
656
-
2 686
-
total
5 937
-
20 112
-
Corporate
64 054
89 000
-
-
income
17 935
24 920
-
-
surtax
-
-
-
-
total
17 935
24 920
-
-
Dividends
46 119
64 080
-
-
surtax
-
-
-
-
social contributions
7 932
11 021
-
-
withholding
5 904
8 202
-
-
total
13 836
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 380
44 143
40 251
38 867
After tax
47 620
44 857
48 749
50 133
Living cost
15 337
15 337
15 337
15 337
Free-cash
32 283
29 520
33 412
34 796

Estimated living cost  is ₴15337 per week

₴8895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴43747
₴44730
₴46605
₴44006
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
-
-
-
89 000
income
-
-
-
13 350
social contributions
-
-
-
12 282
health
-
-
-
6 212
total
-
-
-
31 844
Employee
16 871
-
89 000
-
social contributions
2 329
-
12 282
-
income
2 814
-
15 225
-
health
1 177
-
6 212
-
total
6 320
-
33 719
-
Employer
16 871
-
89 000
-
total
-
-
-
-
Corporate
72 129
89 000
-
-
income

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

3 606
4 450
-
-
total
3 606
4 450
-
-
Dividends
68 523
84 550
-
-
social contributions
9 456
11 668
-
-
withholding
10 278
12 682
-
-
health
4 783
5 902
-
-
total
24 517
30 252
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 443
34 702
33 719
31 844
After tax
54 557
54 298
55 281
57 156
Living cost
10 551
10 551
10 551
10 551
Free-cash
44 006
43 747
44 730
46 605

Estimated living cost  is ₴10551 per week

₴7061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴31697
₴6043
₴28150
₴30927
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
-
-
-
89 000
income
-
-
-
24 610
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
356
health
-
-
-
4 447
pensions
-
-
-
10 754
total
-
-
-
43 317
Employee
24 867
19 830
71 217
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 030
5 953
-
income
2 831
1 463
19 782
-
health
962
768
2 249
-
total
7 334
5 054
30 310
-
Employer
24 867
19 830
71 217
-
chamber of commerce
99
79
285
-
health
940
750
2 197
-
pensions
3 121
2 489
7 295
-
accident
323
258
755
-
unemployment
746
595
1 744
-
surtax
98
98
98
-
payroll
746
595
2 137
-
other
1 181
941
3 271
-
total
7 254
5 805
17 782
-
Corporate
56 879
63 365
69 328
-
income

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

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

14 220
15 841
17 332
-
total
14 220
15 841
17 332
-
Dividends
42 659
47 524
-
-
withholding
11 732
13 070
-
-
total
11 732
13 070
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 540
39 770
65 424
43 317
After tax
48 460
49 230
23 576
45 683
Living cost
17 533
17 533
17 533
17 533
Free-cash
30 927
31 697
6 043
28 150

Estimated living cost  is ₴17533 per week

₴11694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₴31629
₴13114
₴20450
₴24166
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
-
-
-
89 000
communal

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

-
-
-
4 596
social contributions
-
-
-
12 406
national
-
-
-
33 405
total
-
-
-
50 407
Employee

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

35 593
-
68 933
-
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.

310
-
600
-
communal

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

1 856
-
3 596
-
pensions

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

2 669
-
5 170
-
national
10 943
-
25 069
-
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.

1 672
-
3 241
-
total
17 450
-
37 676
-
Employer

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

35 593
-
68 933
-
health

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

2 189
-
4 240
-
pensions

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

3 154
-
6 107
-
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.

463
-
896
-
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.

519
-
1 007
-
surtax
4 036
-
7 817
-
total
10 361
-
20 067
-
Corporate
43 047
89 000
-
-
income
8 610
17 800
-
-
surtax
172
356
-
-
total
8 782
18 156
-
-
Dividends
34 265
70 844
-
-
withholding

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

10 098
21 072
-
-
total
10 098
21 072
-
-
Income
89 000
89 000
89 000
89 000
Total tax
46 691
39 228
57 743
50 407
After tax
42 309
49 772
31 257
38 593
Living cost
18 143
18 143
18 143
18 143
Free-cash
24 166
31 629
13 114
20 450

Estimated living cost  is ₴18143 per week

₴11686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴41338
₴29874
₴31962
₴37930
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
-
-
-
89 000
accident
-
-
-
415
income
-
-
-
25 232
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 052
total
-
-
-
39 068
Employee
24 769
-
74 297
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 226
-
23 524
-
total
6 799
-
26 453
-
Employer
24 769
-
74 297
-
pensions
5 845
-
10 885
-
accident
490
-
913
-
unemployment
1 363
-
2 536
-
other
197
-
369
-
total
7 895
-
14 703
-
Corporate
56 336
89 000
-
-
income

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

8 450
13 350
-
-
total
8 450
13 350
-
-
Dividends
47 886
75 650
-
-
withholding
9 956
16 342
-
-
total
9 956
16 342
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 100
29 692
41 156
39 068
After tax
55 900
59 308
47 844
49 932
Living cost
17 970
17 970
17 970
17 970
Free-cash
37 930
41 338
29 874
31 962

Estimated living cost  is ₴17970 per week

₴13233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴24930
₴20358
₴16808
₴18529
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
-
-
-
89 000
communal
-
-
-
5 625
accident
-
-
-
751
income
-
-
-
14 769
surtax
-
-
-
4 413
health
-
-
-
6 253
pensions
-
-
-
13 340
total
-
-
-
45 151
Employee
37 682
-
79 501
-
pensions
3 014
-
6 360
-
surtax
2 310
-
4 872
-
income
3 640
-
17 332
-
health
1 677
-
3 537
-
total
10 641
-
32 101
-
Employer
37 682
-
79 501
-
health
1 149
-
2 424
-
pensions
3 014
-
6 360
-
accident
339
-
716
-
total
4 502
-
9 500
-
Corporate
46 816
89 000
-
-
communal
3 160
6 007
-
-
income
7 022
13 350
-
-
surtax
492
935
-
-
total
10 674
20 292
-
-
Dividends
36 141
68 708
-
-
income
12 192
6 430
-
-
withholding
5 421
10 307
-
-
total
17 613
16 737
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 430
37 029
41 601
45 151
After tax
45 570
51 971
47 399
43 849
Living cost
27 041
27 041
27 041
27 041
Free-cash
18 529
24 930
20 358
16 808

Estimated living cost  is ₴27041 per week

₴20285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴44805
₴27880
₴30922
₴43222
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
-
-
-
89 000
income
-
-
-
24 913
other
-
-
-
-
surtax
-
-
-
3 879
unemployment
-
-
-
113
health
-
-
-
4 715
pensions
-
-
-
13 282
total
-
-
-
46 902
Employee
16 757
-
75 021
-
other
-
-
-
-
unemployment
1 166
-
4 622
-
pensions
1 118
-
4 430
-
surtax
59
-
3 283
-
income
2 809
-
21 937
-
health
428
-
1 693
-
total
5 580
-
35 965
-
Employer
16 757
-
75 021
-
health
762
-
3 022
-
pensions
2 234
-
8 852
-
unemployment
532
-
2 105
-
other
-
-
-
-
total
3 528
-
13 979
-
Corporate
68 715
89 000
-
-
income
17 866
23 140
-
-
total
17 866
23 140
-
-
Dividends
50 849
65 860
-
-
withholding
7 628
9 879
-
-
total
7 628
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 602
33 019
49 944
46 902
After tax
54 398
55 981
39 056
42 098
Living cost
11 176
11 176
11 176
11 176
Free-cash
43 222
44 805
27 880
30 922

Estimated living cost  is ₴11176 per week

₴6748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴33376
₴24763
₴28762
₴32271
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
-
-
-
89 000
social contributions
-
-
-
22 891
regional
-
-
-
1 342
municipal
-
-
-
529
national
-
-
-
22 072
total
-
-
-
46 834
Employee
27 602
-
89 000
-
municipal
146
-
472
-
national
4 373
-
19 152
-
regional
372
-
1 198
-
social contributions
9 308
-
30 011
-
total
14 199
-
50 833
-
Employer
27 602
-
89 000
-
total
-
-
-
-
Corporate
61 398
89 000
-
-
municipal
3 052
4 423
-
-
nationa
14 735
21 360
-
-
total
17 787
25 783
-
-
Dividends
43 611
63 217
-
-
withholding
11 339
16 437
-
-
total
11 339
16 437
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 325
42 220
50 833
46 834
After tax
45 675
46 780
38 167
42 166
Living cost
13 404
13 404
13 404
13 404
Free-cash
32 271
33 376
24 763
28 762

Estimated living cost  is ₴13404 per week

₴8336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴46232
₴31519
₴35460
₴40865
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
-
-
-
89 000
income
-
-
-
8 912
social contributions
-
-
-
17 568
solidarity contribution
-
-
-
-
health
-
-
-
12 015
total
-
-
-
38 495
Employee
22 125
-
67 852
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 911
-
income
2 655
-
8 217
-
health
2 987
-
9 160
-
total
7 080
-
21 288
-
Employer
22 125
-
67 852
-
health
1 991
-
6 107
-
social contributions
5 531
-
15 041
-
total
7 522
-
21 148
-
Corporate
59 353
89 000
-
-
income
11 277
16 910
-
-
total
11 277
16 910
-
-
Dividends
48 076
72 090
-
-
withholding
7 211
10 813
-
-
total
7 211
10 813
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 090
27 723
42 436
38 495
After tax
55 910
61 277
46 564
50 505
Living cost
15 045
15 045
15 045
15 045
Free-cash
40 865
46 232
31 519
35 460

Estimated living cost  is ₴15045 per week

₴11188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴2763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴33410
₴7724
₴29906
₴33165
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
-
-
-
89 000
income
-
-
-
24 610
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
356
health
-
-
-
4 447
pensions
-
-
-
10 754
total
-
-
-
43 219
Employee
21 751
19 830
71 308
-
other
217
198
582
-
unemployment
652
595
1 744
-
pensions
2 228
2 030
5 953
-
income
1 938
1 463
19 827
-
health
841
768
2 249
-
total
5 876
5 054
30 355
-
Employer
21 751
19 830
71 308
-
chamber of commerce
87
79
285
-
health
822
750
2 197
-
pensions
2 730
2 489
7 295
-
accident
282
258
755
-
unemployment
652
595
1 744
-
surtax
-
-
-
-
payroll
652
595
2 140
-
other
1 033
941
3 275
-
total
6 258
5 707
17 691
-
Corporate
60 990
63 463
69 420
-
income

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

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

15 247
15 865
17 355
-
total
15 247
15 865
17 355
-
Dividends
45 743
47 598
-
-
withholding
12 579
13 089
-
-
total
12 579
13 089
-
-
Income
89 000
89 000
89 000
89 000
Total tax
39 960
39 715
65 401
43 219
After tax
49 040
49 285
23 599
45 781
Living cost
15 875
15 875
15 875
15 875
Free-cash
33 165
33 410
7 724
29 906

Estimated living cost  is ₴15875 per week

₴9523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₴78289
₴64939
₴81849
₴77115
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%.

-
-
-
89 000
microenterprise

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

-
-
-
890
total
-
-
-
890
Employee
7 826
-
89 000
-
income
1 565
-
17 800
-
total
1 565
-
17 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

81 174
89 000
-
-
total
-
-
-
-
Dividends
81 174
89 000
-
-
withholding
4 059
4 450
-
-
total
4 059
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 624
4 450
17 800
890
After tax
83 376
84 550
71 200
88 110
Living cost
6 261
6 261
6 261
6 261
Free-cash
77 115
78 289
64 939
81 849

Estimated living cost  is ₴6261 per week

₴4237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴47930
₴27696
₴30054
₴43770
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.

-
-
-
89 000
income
-
-
-
20 456
unemployment
-
-
-
133
health
-
-
-
8 757
pensions
-
-
-
16 254
total
-
-
-
45 600
Employee

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

22 003
-
77 009
-
unemployment
31
-
108
-
pensions
3 411
-
11 936
-
income
3 794
-
18 948
-
health
1 421
-
4 975
-
total
8 657
-
35 967
-
Employer

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

22 003
-
77 009
-
health
1 465
-
5 129
-
pensions
1 947
-
6 816
-
unemployment
13
-
46
-
total
3 425
-
11 991
-
Corporate
63 571
89 000
-
-
income
12 078
16 910
-
-
total
12 078
16 910
-
-
Dividends
51 493
72 090
-
-
withholding
7 724
10 814
-
-
total
7 724
10 814
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 884
27 724
47 958
45 600
After tax
57 116
61 276
41 042
43 400
Living cost
13 346
13 346
13 346
13 346
Free-cash
43 770
47 930
27 696
30 054

Estimated living cost  is ₴13346 per week

₴9159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴32789
₴61129
₴40147
₴9242
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
-
-
-
89 000
income
-
-
-
17 348
social contributions
-
-
-
10 146
total
-
-
-
27 494
Employee
30 626
-
-
-
social contributions
2 511
-
358
-
income
6 756
-
-
-
total
9 267
-
358
-
Employer
30 626
-
-
-
social contributions
43 183
-
6 154
-
total
43 183
-
6 154
-
Corporate
15 190
89 000
-
-
income
3 342
19 580
-
-
total
3 342
19 580
-
-
Dividends
11 849
69 420
-
-
income
2 607
15 272
-
-
total
2 607
15 272
-
-
Income
89 000
89 000
89 000
89 000
Total tax
58 399
34 852
6 512
27 494
After tax
30 601
54 148
82 488
61 506
Living cost
21 359
21 359
21 359
21 359
Free-cash
9 242
32 789
61 129
40 147

Estimated living cost  is ₴21359 per week

₴13859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴35015
₴25221
₴31970
₴34514
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.

-
-
-
89 000
income
-
-
-
10 495
surtax
-
-
-
-
social contributions

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

-
-
-
30 927
total
-
-
-
41 422
Employee
22 885
-
71 919
-
surtax
-
-
-
-
social contributions
2 517
-
7 911
-
income
4 760
-
23 179
-
total
7 277
-
31 090
-
Employer
22 885
-
71 919
-
social contributions
5 435
-
17 081
-
total
5 435
-
17 081
-
Corporate
60 680
89 000
-
-
income
12 743
18 690
-
-
surtax
-
-
-
-
total
12 743
18 690
-
-
Dividends
47 937
70 310
-
-
withholding
13 423
19 687
-
-
total
13 423
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 878
38 377
48 171
41 422
After tax
50 122
50 623
40 829
47 578
Living cost
15 608
15 608
15 608
15 608
Free-cash
34 514
35 015
25 221
31 970

Estimated living cost  is ₴15608 per week

₴11678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴20824
₴24716
₴26100
₴24244
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
-
-
-
89 000
income
-
-
-
14 027
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 535
health
-
-
-
3 805
pensions
-
-
-
15 741
total
-
-
-
38 867
Employee
31 165
-
68 889
-
pensions
3 525
-
4 786
-
surtax
-
-
-
-
social contributions
888
-
1 962
-
income
2 719
-
13 391
-
total
7 132
-
20 139
-
Employer
31 165
-
68 889
-
health
2 181
-
6 370
-
pensions
5 121
-
8 059
-
unemployment
1 262
-
2 790
-
social contributions
93
-
207
-
other
1 076
-
2 686
-
total
9 733
-
20 112
-
Corporate
48 102
89 000
-
-
income
13 469
24 920
-
-
surtax
-
-
-
-
total
13 469
24 920
-
-
Dividends
34 633
64 080
-
-
surtax
-
-
-
-
social contributions
5 956
11 021
-
-
withholding
4 433
8 202
-
-
total
10 389
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 723
44 143
40 251
38 867
After tax
48 277
44 857
48 749
50 133
Living cost
24 033
24 033
24 033
24 033
Free-cash
24 244
20 824
24 716
26 100

Estimated living cost  is ₴24033 per week

₴16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴65143
₴52909
₴50543
₴63470
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
-
-
-
89 000
income
-
-
-
3 921
social contributions
-
-
-
19 579
total
-
-
-
23 500
Employee
15 997
-
77 057
-
income
-
-
4 183
-
social contributions
1 040
-
5 008
-
total
1 040
-
9 191
-
Employer
15 997
-
77 057
-
social contributions
2 480
-
11 943
-
total
2 480
-
11 943
-
Corporate
70 524
89 000
-
-
income
7 053
8 900
-
-
total
7 053
8 900
-
-
Dividends
63 471
80 100
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
10 573
8 900
21 134
23 500
After tax
78 427
80 100
67 866
65 500
Living cost
14 957
14 957
14 957
14 957
Free-cash
63 470
65 143
52 909
50 543

Estimated living cost  is ₴14957 per week

₴9671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴19404
-₴19404
₴28449
-₴19404
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
-
-
-
89 000
labour market
-
-
-
7 086
municipal
-
-
-
18 580
national
-
-
-
10 492
pensions
-
-
-
431
total
-
-
-
36 589
Employee
101 137
101 137
101 137
-
municipal
21 536
21 536
21 536
-
labour market
8 079
8 079
8 079
-
pensions
144
144
144
-
national
12 356
12 356
12 356
-
total
42 115
42 115
42 115
-
Employer
101 137
101 137
101 137
-
national
12 377
12 377
12 377
-
labour market
8 091
8 091
8 091
-
pensions
288
288
288
-
municipal
21 571
21 571
21 571
-
total
42 327
42 327
42 327
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
84 442
84 442
84 442
36 589
After tax
4 558
4 558
4 558
52 411
Living cost
23 962
23 962
23 962
23 962
Free-cash
-19 404
-19 404
-19 404
28 449

Estimated living cost  is ₴23962 per week

₴16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
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.
₴5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴3741
₴37394
₴49890
₴5529
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
-
-
-
89 000
accident
-
-
-
128
income
-
-
-
24 641
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
28 160
Employee
17 225
-
80 133
-
pensions
1 940
-
3 854
-
income
2 363
-
18 760
-
health
1 972
-
9 175
-
total
6 275
-
31 789
-
Employer
17 225
-
80 133
-
pensions
2 801
-
5 566
-
accident
288
-
1 338
-
unemployment
422
-
1 963
-
total
3 511
-
8 867
-
Corporate
68 264
89 000
-
-
income

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

61 438
80 100
-
-
total
61 438
80 100
-
-
Dividends
6 826
8 900
-
-
withholding
1 297
1 691
-
-
total
1 297
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
72 521
81 791
40 656
28 160
After tax
16 479
7 209
48 344
60 840
Living cost
10 950
10 950
10 950
10 950
Free-cash
5 529
-3 741
37 394
49 890

Estimated living cost  is ₴10950 per week

₴7970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴36581
₴27499
₴38103
₴37865
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

-
-
-
89 000
health
-
-
-
1 163
municipal
-
-
-
15 811
national
-
-
-
14 819
total
-
-
-
31 793
Employee
26 179
-
74 872
-
municipal
4 288
-
12 195
-
unemployment
393
-
1 123
-
pensions
1 767
-
5 054
-
national
432
-
8 952
-
health
195
-
945
-
total
7 075
-
28 269
-
Employer
26 179
-
74 872
-
health
201
-
577
-
pensions
4 542
-
12 990
-
accident
26
-
75
-
unemployment
170
-
486
-
total
4 939
-
14 128
-
Corporate
57 882
89 000
-
-
income
11 577
17 800
-
-
total
11 577
17 800
-
-
Dividends

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

34 729
53 400
-
-
municipal
6 251
9 612
-
-
national
2 189
5 903
-
-
total
8 440
15 515
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 031
33 315
42 397
31 793
After tax
56 969
55 685
46 603
57 207
Living cost
19 104
19 104
19 104
19 104
Free-cash
37 865
36 581
27 499
38 103

Estimated living cost  is ₴19104 per week

₴12478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴53401
₴48465
₴49244
₴50694
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
-
-
-
89 000
income
-
-
-
17 916
social contributions
-
-
-
8 051
health
-
-
-
2 269
total
-
-
-
28 236
Employee
38 262
38 262
83 178
-
social contributions
1 447
3 176
4 283
-
income
4 166
3 542
17 496
-
health
296
651
1 414
-
total
5 909
7 369
23 193
-
Employer
38 262
38 262
83 178
-
health
322
708
1 539
-
social contributions
1 447
3 176
4 283
-
total
1 769
3 884
5 822
-
Corporate
69 802
46 854
-
-
income
8 725
5 856
-
-
total
8 725
5 856
-
-
Dividends
61 077
40 998
-
-
withholding
10 383
6 970
-
-
total
10 383
6 970
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 786
24 079
29 015
28 236
After tax
62 214
64 921
59 985
60 764
Living cost
11 520
11 520
11 520
11 520
Free-cash
50 694
53 401
48 465
49 244

Estimated living cost  is ₴11520 per week

₴6904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴65801
₴57073
₴67054
₴63268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
89 000
income
-
-
-
9 066
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 165
total
-
-
-
14 046
Employee

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

11 421
-
84 137
-
unemployment
57
-
236
-
pensions
1 713
-
7 082
-
income
781
-
7 833
-
health
971
-
4 013
-
total
3 522
-
19 164
-
Employer

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

11 421
-
84 137
-
health
491
-
2 030
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 863
-
Corporate
76 403
89 000
-
-
income
6 876
8 010
-
-
total
6 876
8 010
-
-
Dividends
69 527
80 990
-
-
withholding
6 258
7 289
-
-
total
6 258
7 289
-
-
Income
89 000
89 000
89 000
89 000
Total tax
17 832
15 299
24 027
14 046
After tax
71 168
73 701
64 973
74 954
Living cost
7 900
7 900
7 900
7 900
Free-cash
63 268
65 801
57 073
67 054

Estimated living cost  is ₴7900 per week

₴5040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴45625
₴34161
₴36249
₴43428
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
-
-
-
89 000
accident
-
-
-
415
income
-
-
-
25 232
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 052
total
-
-
-
39 068
Employee
18 399
-
74 297
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 547
-
23 524
-
total
4 715
-
26 453
-
Employer
18 399
-
74 297
-
pensions
4 342
-
10 885
-
accident
364
-
913
-
unemployment
1 012
-
2 536
-
other
147
-
369
-
total
5 865
-
14 703
-
Corporate
64 736
89 000
-
-
income

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

9 711
13 350
-
-
total
9 711
13 350
-
-
Dividends
55 025
75 650
-
-
withholding
11 598
16 342
-
-
total
11 598
16 342
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 889
29 692
41 156
39 068
After tax
57 111
59 308
47 844
49 932
Living cost
13 683
13 683
13 683
13 683
Free-cash
43 428
45 625
34 161
36 249

Estimated living cost  is ₴13683 per week

₴9236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴54526
₴56174
₴56247
₴54361
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
-
-
-
89 000
income
-
-
-
30 472
health
-
-
-
534
pensions
-
-
-
737
total
-
-
-
31 743
Employee
1 538
-
88 171
-
unemployment
15
-
37
-
pensions
138
-
332
-
income
298
-
30 434
-
health
77
-
184
-
total
528
-
30 987
-
Employer
1 538
-
88 171
-
health
146
-
350
-
pensions
169
-
405
-
unemployment
31
-
74
-
total
346
-
829
-
Corporate
87 116
89 000
-
-
income
19 165
19 580
-
-
total
19 165
19 580
-
-
Dividends
67 950
69 420
-
-
withholding
13 590
13 884
-
-
total
13 590
13 884
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 629
33 464
31 816
31 743
After tax
55 371
55 536
57 184
57 257
Living cost
1 010
1 010
1 010
1 010
Free-cash
54 361
54 526
56 174
56 247

Estimated living cost  is ₴1010 per week

₴600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴55695
₴46317
₴46316
₴53248
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.

-
-
-
89 000
income
-
-
-
20 171
unemployment
-
-
-
552
health
-
-
-
3 789
pensions
-
-
-
9 564
total
-
-
-
34 076
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.

12 980
-
82 416
-
unemployment
97
-
276
-
pensions
1 817
-
5 150
-
income
1 789
-
20 171
-
health
668
-
1 894
-
total
4 371
-
27 491
-
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.

12 980
-
82 416
-
health
668
-
1 894
-
pensions
1 558
-
4 414
-
unemployment
97
-
276
-
total
2 323
-
6 584
-
Corporate
73 697
89 000
-
-
income
11 054
13 350
-
-
total
11 054
13 350
-
-
Dividends
62 642
75 650
-
-
withholding
9 396
11 347
-
-
total
9 396
11 347
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 144
24 697
34 075
34 076
After tax
61 856
64 303
54 925
54 924
Living cost
8 608
8 608
8 608
8 608
Free-cash
53 248
55 695
46 317
46 316

Estimated living cost  is ₴8608 per week

₴5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴37208
₴27414
₴34163
₴37028
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.

-
-
-
89 000
income
-
-
-
10 495
surtax
-
-
-
-
social contributions

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

-
-
-
30 927
total
-
-
-
41 422
Employee
19 312
-
71 919
-
surtax
-
-
-
-
social contributions
2 125
-
7 911
-
income
3 774
-
23 179
-
total
5 899
-
31 090
-
Employer
19 312
-
71 919
-
social contributions
4 586
-
17 081
-
total
4 586
-
17 081
-
Corporate
65 101
89 000
-
-
income
13 671
18 690
-
-
surtax
-
-
-
-
total
13 671
18 690
-
-
Dividends
51 430
70 310
-
-
withholding
14 401
19 687
-
-
total
14 401
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 557
38 377
48 171
41 422
After tax
50 443
50 623
40 829
47 578
Living cost
13 415
13 415
13 415
13 415
Free-cash
37 028
37 208
27 414
34 163

Estimated living cost  is ₴13415 per week

₴9501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴2744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴41821
₴30357
₴32445
₴38565
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
-
-
-
89 000
accident
-
-
-
415
income
-
-
-
25 232
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 052
total
-
-
-
39 068
Employee
24 031
-
74 297
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 129
-
2 168
-
income
5 019
-
23 524
-
total
6 544
-
26 453
-
Employer
24 031
-
74 297
-
pensions
5 671
-
10 885
-
accident
476
-
913
-
unemployment
1 322
-
2 536
-
other
193
-
369
-
total
7 662
-
14 703
-
Corporate
57 307
89 000
-
-
income

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

8 596
13 350
-
-
total
8 596
13 350
-
-
Dividends
48 712
75 650
-
-
withholding
10 146
16 342
-
-
total
10 146
16 342
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 948
29 692
41 156
39 068
After tax
56 052
59 308
47 844
49 932
Living cost
17 487
17 487
17 487
17 487
Free-cash
38 565
41 821
30 357
32 445

Estimated living cost  is ₴17487 per week

₴12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴67539
₴65961
₴62456
₴64507
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
-
-
-
89 000
income
-
-
-
13 350
unemployment
-
-
-
69
health
-
-
-
1 998
pensions

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

-
-
-
2 571
total
-
-
-
17 988
Employee
11 330
-
85 591
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 133
-
8 559
-
health
521
-
799
-
total
2 774
-
11 075
-
Employer
11 330
-
85 591
-
health
782
-
1 199
-
pensions

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

1 248
-
1 914
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 223
-
3 408
-
Corporate
75 447
89 000
-
-
income
7 545
8 900
-
-
total
7 545
8 900
-
-
Dividends
67 902
80 100
-
-
withholding
3 395
4 005
-
-
total
3 395
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
15 937
12 905
14 483
17 988
After tax
73 063
76 095
74 517
71 012
Living cost
8 556
8 556
8 556
8 556
Free-cash
64 507
67 539
65 961
62 456

Estimated living cost  is ₴8556 per week

₴5659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴26592
₴37209
₴27757
₴33101
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.

-
-
-
89 000
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.

-
-
-
27 661
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.

-
-
-
1 521
health

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

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

-
-
-
3 399
trade
-
-
-
9 452
total
-
-
-
42 033
Employee

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

24 758
-
89 000
-
surtax

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

112
-
1 521
-
income

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

2 036
-
27 661
-
health

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

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

3 399
-
3 399
-
total
5 547
-
32 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 242
89 000
-
-
income
9 636
13 350
-
-
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.

530
735
-
-
chamber of commerce
170
206
-
-
trade
9 219
12 771
-
-
total
19 555
27 062
-
-
Dividends
44 687
61 938
-
-
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.

604
841
-
-
withholding
10 983
15 295
-
-
total
11 587
16 136
-
-
Income
89 000
89 000
89 000
89 000
Total tax
36 689
43 198
32 581
42 033
After tax
52 311
45 802
56 419
46 967
Living cost
19 210
19 210
19 210
19 210
Free-cash
33 101
26 592
37 209
27 757

Estimated living cost  is ₴19210 per week

₴13252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴33955
₴18401
₴18401
₴35053
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
-
-
-
89 000
income
-
-
-
27 375
social contributions
-
-
-
14 879
total
-
-
-
42 254
Employee
38 922
-
89 000
-
income
7 344
-
27 375
-
social contributions
3 234
-
14 879
-
total
10 578
-
42 254
-
Employer
38 922
-
89 000
-
total
-
-
-
-
Corporate
50 078
89 000
-
-
income
6 260
11 125
-
-
total
6 260
11 125
-
-
Dividends
43 818
77 875
-
-
withholding
8 764
15 575
-
-
total
8 764
15 575
-
-
Income
89 000
89 000
89 000
89 000
Total tax
25 602
26 700
42 254
42 254
After tax
63 398
62 300
46 746
46 746
Living cost
28 345
28 345
28 345
28 345
Free-cash
35 053
33 955
18 401
18 401

Estimated living cost  is ₴28345 per week

₴21564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₴37159
₴45136
₴53752
₴38898
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.

-
-
-
89 000
income
-
-
-
14 164
health

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

-
-
-
3 022
total
-
-
-
17 186
Employee
22 826
-
86 711
-
income
2 477
-
21 224
-
social contributions
2 287
-
2 289
-
total
4 764
-
23 513
-
Employer
22 826
-
86 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
63 887
89 000
-
-
income
22 360
31 150
-
-
total
22 360
31 150
-
-
Dividends
41 527
57 850
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 040
33 779
25 802
17 186
After tax
56 960
55 221
63 198
71 814
Living cost
18 062
18 062
18 062
18 062
Free-cash
38 898
37 159
45 136
53 752

Estimated living cost  is ₴18062 per week

₴11898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴39624
₴32379
₴40427
₴42574
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
-
-
-
89 000
income
-
-
-
25 574
pensions
-
-
-
4 506
total
-
-
-
30 080
Employee
25 384
-
77 735
-
pensions
1 937
-
5 532
-
income
4 623
-
20 209
-
health
331
-
1 122
-
total
6 891
-
26 863
-
Employer
25 384
-
77 735
-
health
482
-
1 477
-
pensions
2 565
-
9 788
-
total
3 047
-
11 265
-
Corporate
60 569
89 000
-
-
income

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

11 508
16 910
-
-
total
11 508
16 910
-
-
Dividends
49 060
72 090
-
-
withholding
6 487
13 973
-
-
total
6 487
13 973
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 933
30 883
38 128
30 080
After tax
61 067
58 117
50 872
58 920
Living cost
18 493
18 493
18 493
18 493
Free-cash
42 574
39 624
32 379
40 427

Estimated living cost  is ₴18493 per week

₴12686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴4825
₴36310
₴48806
₴5363
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
-
-
-
89 000
accident
-
-
-
128
income
-
-
-
24 641
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
28 160
Employee
18 930
-
80 133
-
pensions
2 132
-
3 854
-
income
2 597
-
18 760
-
health
2 167
-
9 175
-
total
6 896
-
31 789
-
Employer
18 930
-
80 133
-
pensions
3 078
-
5 566
-
accident
316
-
1 338
-
unemployment
464
-
1 963
-
total
3 858
-
8 867
-
Corporate
66 212
89 000
-
-
income

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

59 591
80 100
-
-
total
59 591
80 100
-
-
Dividends
6 621
8 900
-
-
withholding
1 258
1 691
-
-
total
1 258
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
71 603
81 791
40 656
28 160
After tax
17 397
7 209
48 344
60 840
Living cost
12 034
12 034
12 034
12 034
Free-cash
5 363
-4 825
36 310
48 806

Estimated living cost  is ₴12034 per week

₴8832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴68170
₴56638
₴45694
₴65842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
89 000
income
-
-
-
14 694
unemployment
-
-
-
955
work injury
-
-
-
398
health insurance
-
-
-
5 890
pensions
-
-
-
14 646
total
-
-
-
36 583
Employee

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

10 757
-
89 000
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 323
-
income
1 076
-
14 694
-
total
4 034
-
25 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 243
89 000
-
-
income

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

782
890
-
-
total
782
890
-
-
Dividends
77 461
88 110
-
-
withholding
11 619
13 217
-
-
total
11 619
13 217
-
-
Income
89 000
89 000
89 000
89 000
Total tax
16 435
14 107
25 639
36 583
After tax
72 565
74 893
63 361
52 417
Living cost
6 723
6 723
6 723
6 723
Free-cash
65 842
68 170
56 638
45 694

Estimated living cost  is ₴6723 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴27056
₴17673
₴21579
₴24793
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
-
-
-
89 000
social contributions
-
-
-
22 891
regional
-
-
-
2 040
municipal
-
-
-
595
national
-
-
-
22 072
total
-
-
-
47 598
Employee
41 930
-
89 000
-
municipal
250
-
531
-
national
7 086
-
19 152
-
regional
633
-
1 810
-
social contributions
14 138
-
30 011
-
total
22 107
-
51 504
-
Employer
41 930
-
89 000
-
total
-
-
-
-
Corporate
47 070
89 000
-
-
municipal
2 269
4 290
-
-
nationa
11 297
21 360
-
-
total
13 566
25 650
-
-
Dividends
33 504
63 350
-
-
withholding
8 711
16 471
-
-
total
8 711
16 471
-
-
Income
89 000
89 000
89 000
89 000
Total tax
44 384
42 121
51 504
47 598
After tax
44 616
46 879
37 496
41 402
Living cost
19 823
19 823
19 823
19 823
Free-cash
24 793
27 056
17 673
21 579

Estimated living cost  is ₴19823 per week

₴13924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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