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
₴29813
₴41346
₴30972
₴35316
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.

-
-
-
27 659
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.

-
-
-
3 400
trade
-
-
-
10 374
total
-
-
-
42 954
Employee

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

19 035
-
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
-
27 659
-
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.

3 400
-
3 400
-
total
3 961
-
32 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 965
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
734
-
-
chamber of commerce
176
203
-
-
trade
11 020
14 017
-
-
total
22 268
28 304
-
-
Dividends
47 698
60 696
-
-
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.

645
824
-
-
withholding
11 736
14 985
-
-
total
12 381
15 809
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 610
44 113
32 580
42 954
After tax
50 390
44 887
56 420
46 046
Living cost
15 074
15 074
15 074
15 074
Free-cash
35 316
29 813
41 346
30 972

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
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.
₴3553
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
33 189
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

₴18010
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.
₴5628
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
₴60846
₴27134
₴20474
₴56763
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
-
-
-
16 409
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.

-
-
-
19 068
microenterprise
-
-
-
-
total
-
-
-
58 172
Employee
14 542
-
67 307
-
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
-
6 524
-
income
2 589
-
13 537
-
total
4 189
-
29 821
-
Employer
14 542
-
67 307
-
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.

3 503
-
14 288
-
surtax
-
-
7 403
-
total
3 503
-
21 691
-
Corporate
70 955
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.

56 764
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
21 883
17 800
51 512
58 172
After tax
67 117
71 200
37 488
30 828
Living cost
10 354
10 354
10 354
10 354
Free-cash
56 763
60 846
27 134
20 474

Estimated living cost  is ₴10354 per week

₴6605
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
₴23236
₴34901
₴28194
₴20187
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
-
-
-
27 990
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
39 958
Employee
42 499
42 499
79 751
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
12 034
-
health
6 523
5 549
6 137
-
total
21 129
18 336
24 002
-
Employer
42 499
42 499
79 751
-
health
2 954
2 954
3 671
-
pensions
2 958
2 958
3 677
-
unemployment
1 530
1 530
1 901
-
total
7 442
7 442
9 249
-
Corporate
39 580
39 058
-
-
income
7 916
7 811
-
-
total
7 916
7 811
-
-
Dividends
31 664
31 247
-
-
income
6 728
6 640
-
-
withholding
4 750
4 687
-
-
total
11 478
11 327
-
-
Income
89 000
89 000
89 000
89 000
Total tax
47 965
44 916
33 251
39 958
After tax
41 035
44 084
55 749
49 042
Living cost
20 848
20 848
20 848
20 848
Free-cash
20 187
23 236
34 901
28 194

Estimated living cost  is ₴20848 per week

₴14775
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.
₴3863
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
₴28713
₴25263
₴25744
₴28267
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
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
22 776
national
-
-
-
7 976
pensions
-
-
-
4 710
total
-
-
-
43 375
Employee
28 329
-
75 309
-
municipal
8 448
-
22 457
-
national
-
-
7 709
-
total
8 448
-
30 166
-
Employer
28 329
-
75 309
-
health
1 742
-
2 680
-
pensions
3 062
-
4 710
-
accident
57
-
87
-
unemployment
748
-
1 150
-
other
3 292
-
5 063
-
total
8 901
-
13 690
-
Corporate
51 770
89 000
-
-
income
11 389
19 580
-
-
total
11 389
19 580
-
-
Dividends
40 380
69 420
-
-
withholding
12 114
20 826
-
-
total
12 114
20 826
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 852
40 406
43 856
43 375
After tax
48 148
48 594
45 144
45 625
Living cost
19 881
19 881
19 881
19 881
Free-cash
28 267
28 713
25 263
25 744

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
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.
₴4452
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
₴24877
₴36869
₴26034
₴31871
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.

-
-
-
27 659
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.

-
-
-
3 400
trade
-
-
-
10 835
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.

25 238
-
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
-
27 659
-
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.

3 400
-
3 400
-
total
5 687
-
32 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 762
89 000
-
-
income
9 564
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
734
-
-
chamber of commerce
166
202
-
-
trade
10 489
14 641
-
-
total
20 745
28 927
-
-
Dividends
43 017
60 074
-
-
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
37 578
44 572
32 580
43 415
After tax
51 422
44 428
56 420
45 585
Living cost
19 551
19 551
19 551
19 551
Free-cash
31 871
24 877
36 869
26 034

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
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
₴48780
₴43843
₴44623
₴46714
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
-
-
-
17 914
social contributions
-
-
-
8 052
health
-
-
-
2 269
total
-
-
-
28 235
Employee
38 269
38 269
83 178
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
17 495
-
health
381
651
1 414
-
total
6 260
7 370
23 193
-
Employer
38 269
38 269
83 178
-
health
415
708
1 538
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 822
-
Corporate
64 325
46 847
-
-
income
8 041
5 855
-
-
total
8 041
5 855
-
-
Dividends
56 284
40 991
-
-
withholding
9 568
6 969
-
-
total
9 568
6 969
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 144
24 078
29 015
28 235
After tax
62 856
64 922
59 985
60 765
Living cost
16 142
16 142
16 142
16 142
Free-cash
46 714
48 780
43 843
44 623

Estimated living cost  is ₴16142 per week

₴11035
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.
₴3576
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
₴41071
₴42674
₴52735
₴41256
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.

12 876
5 124
74 477
-
unemployment
193
77
1 117
-
pensions
1 288
512
7 448
-
income
1 574
626
9 105
-
health
901
359
5 213
-
total
3 956
1 574
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.

12 876
5 124
74 477
-
pensions
2 511
999
14 523
-
total
2 511
999
14 523
-
Corporate
73 614
82 876
-
-
income
6 625
7 459
-
-
total
6 625
7 459
-
-
Dividends
66 988
75 418
-
-
social contributions
13 004
14 648
-
-
withholding
12 728
14 329
-
-
total
25 732
28 977
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 824
39 009
37 406
27 345
After tax
50 176
49 991
51 594
61 655
Living cost
8 920
8 920
8 920
8 920
Free-cash
41 256
41 071
42 674
52 735

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴1925
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
₴59179
₴39278
₴35683
₴56088
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
14 118
-
66 518
-
unemployment
226
-
1 064
-
pensions
282
-
1 331
-
income
1 589
-
12 824
-
total
2 097
-
15 219
-
Employer
14 118
-
66 518
-
health
1 835
-
8 647
-
pensions
2 824
-
13 303
-
unemployment
113
-
532
-
total
4 772
-
22 482
-
Corporate
70 110
89 000
-
-
income
14 022
17 800
-
-
total
14 022
17 800
-
-
Dividends
56 088
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
20 891
17 800
37 701
41 296
After tax
68 109
71 200
51 299
47 704
Living cost
12 021
12 021
12 021
12 021
Free-cash
56 088
59 179
39 278
35 683

Estimated living cost  is ₴12021 per week

₴8245
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
-₴3902
₴37235
₴49730
₴5505
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
-
-
-
24 642
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 159
Employee
17 478
-
80 134
-
pensions
1 968
-
3 853
-
income
2 398
-
18 761
-
health
2 001
-
9 175
-
total
6 367
-
31 789
-
Employer
17 478
-
80 134
-
pensions
2 842
-
5 564
-
accident
292
-
1 338
-
unemployment
428
-
1 963
-
total
3 562
-
8 865
-
Corporate
67 960
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.

61 164
80 100
-
-
total
61 164
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
72 384
81 791
40 654
28 159
After tax
16 616
7 209
48 346
60 841
Living cost
11 111
11 111
11 111
11 111
Free-cash
5 505
-3 902
37 235
49 730

Estimated living cost  is ₴11111 per week

₴8143
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.
₴2120
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
₴80540
₴67190
₴84100
₴79789
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
5 012
-
89 000
-
income
1 002
-
17 800
-
total
1 002
-
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%.

83 988
89 000
-
-
total
-
-
-
-
Dividends
83 988
89 000
-
-
withholding
4 199
4 450
-
-
total
4 199
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 201
4 450
17 800
890
After tax
83 799
84 550
71 200
88 110
Living cost
4 010
4 010
4 010
4 010
Free-cash
79 789
80 540
67 190
84 100

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
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.
₴1081
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
₴52128
₴37148
₴36779
₴48767
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
-
-
-
13 872
other
-
-
-
3 595
health
-
-
-
3 330
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.

-
-
-
18 163
total
-
-
-
38 960
Employee
18 070
-
71 086
-
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.

1 265
-
4 976
-
income
3 111
-
13 995
-
health
253
-
995
-
total
4 809
-
20 677
-
Employer
18 070
-
71 086
-
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
-
12 085
-
accident
144
-
569
-
unemployment
180
-
711
-
other
904
-
3 554
-
total
4 553
-
17 914
-
Corporate
66 376
89 000
-
-
income
13 939
18 690
-
-
total
13 939
18 690
-
-
Dividends
52 437
70 310
-
-
withholding
3 671
4 921
-
-
total
3 671
4 921
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 972
23 611
38 591
38 960
After tax
62 028
65 389
50 409
50 040
Living cost
13 261
13 261
13 261
13 261
Free-cash
48 767
52 128
37 148
36 779

Estimated living cost  is ₴13261 per week

₴9370
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
₴24856
₴17617
₴25663
₴26608
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
-
-
-
25 588
pensions
-
-
-
4 501
total
-
-
-
30 089
Employee
47 041
-
77 733
-
pensions
4 538
-
5 526
-
income
8 480
-
20 222
-
health
775
-
1 121
-
total
13 793
-
26 869
-
Employer
47 041
-
77 733
-
health
893
-
1 477
-
pensions
5 554
-
9 789
-
total
6 447
-
11 266
-
Corporate
35 511
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.

6 747
16 910
-
-
total
6 747
16 910
-
-
Dividends
28 764
72 090
-
-
withholding
2 157
13 986
-
-
total
2 157
13 986
-
-
Income
89 000
89 000
89 000
89 000
Total tax
29 144
30 896
38 135
30 089
After tax
59 856
58 104
50 865
58 911
Living cost
33 248
33 248
33 248
33 248
Free-cash
26 608
24 856
17 617
25 663

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴4158
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
₴69571
₴67992
₴64485
₴67260
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
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
17 991
Employee
8 638
-
85 590
-
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
864
-
8 559
-
health
397
-
799
-
total
2 114
-
11 075
-
Employer
8 638
-
85 590
-
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
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
78 667
89 000
-
-
income
7 867
8 900
-
-
total
7 867
8 900
-
-
Dividends
70 800
80 100
-
-
withholding
3 540
4 005
-
-
total
3 540
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
15 216
12 905
14 484
17 991
After tax
73 784
76 095
74 516
71 009
Living cost
6 524
6 524
6 524
6 524
Free-cash
67 260
69 571
67 992
64 485

Estimated living cost  is ₴6524 per week

₴3809
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
₴16487
₴28152
₴21445
₴17740
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
-
-
-
27 990
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
39 958
Employee
46 141
42 499
79 751
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
12 034
-
health
5 756
5 549
6 137
-
total
18 543
18 336
24 002
-
Employer
46 141
42 499
79 751
-
health
3 206
2 954
3 671
-
pensions
3 211
2 958
3 677
-
unemployment
1 661
1 530
1 901
-
total
8 078
7 442
9 249
-
Corporate
34 781
39 058
-
-
income
6 956
7 811
-
-
total
6 956
7 811
-
-
Dividends
27 825
31 247
-
-
income
5 913
6 640
-
-
withholding
4 173
4 687
-
-
total
10 086
11 327
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 663
44 916
33 251
39 958
After tax
45 337
44 084
55 749
49 042
Living cost
27 597
27 597
27 597
27 597
Free-cash
17 740
16 487
28 152
21 445

Estimated living cost  is ₴27597 per week

₴20357
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.
₴4459
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
₴49072
₴34364
₴38305
₴44718
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
-
-
-
8 913
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
12 015
total
-
-
-
38 490
Employee
17 948
-
67 857
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 909
-
income
2 154
-
8 218
-
health
2 423
-
9 161
-
total
5 744
-
21 288
-
Employer
17 948
-
67 857
-
health
1 615
-
6 107
-
social contributions
4 487
-
15 036
-
total
6 102
-
21 143
-
Corporate
64 949
89 000
-
-
income
12 340
16 910
-
-
total
12 340
16 910
-
-
Dividends
52 609
72 090
-
-
withholding
7 891
10 813
-
-
total
7 891
10 813
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 077
27 723
42 431
38 490
After tax
56 923
61 277
46 569
50 510
Living cost
12 205
12 205
12 205
12 205
Free-cash
44 718
49 072
34 364
38 305

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2619
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
₴26485
₴17437
₴21459
₴23888
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
-
-
-
1 051
municipal
-
-
-
529
national
-
-
-
22 070
total
-
-
-
46 541
Employee
44 230
-
89 000
-
municipal
234
-
472
-
national
7 664
-
19 151
-
regional
417
-
929
-
social contributions
14 914
-
30 011
-
total
23 229
-
50 563
-
Employer
44 230
-
89 000
-
total
-
-
-
-
Corporate
44 770
89 000
-
-
municipal
1 746
3 471
-
-
nationa
10 745
21 360
-
-
total
12 491
24 831
-
-
Dividends
32 279
64 169
-
-
withholding
8 392
16 684
-
-
total
8 392
16 684
-
-
Income
89 000
89 000
89 000
89 000
Total tax
44 112
41 515
50 563
46 541
After tax
44 888
47 485
38 437
42 459
Living cost
21 000
21 000
21 000
21 000
Free-cash
23 888
26 485
17 437
21 459

Estimated living cost  is ₴21000 per week

₴14639
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.
₴4662
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
₴44999
₴28075
₴31117
₴43450
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
-
-
-
24 910
other
-
-
-
-
surtax
-
-
-
3 878
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
46 901
Employee
16 458
-
75 019
-
other
-
-
-
-
unemployment
1 146
-
4 623
-
pensions
1 097
-
4 430
-
surtax
54
-
3 283
-
income
2 759
-
21 933
-
health
420
-
1 693
-
total
5 476
-
35 962
-
Employer
16 458
-
75 019
-
health
749
-
3 022
-
pensions
2 194
-
8 854
-
unemployment
521
-
2 105
-
other
-
-
-
-
total
3 464
-
13 981
-
Corporate
69 078
89 000
-
-
income
17 960
23 140
-
-
total
17 960
23 140
-
-
Dividends
51 118
65 860
-
-
withholding
7 668
9 879
-
-
total
7 668
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 568
33 019
49 943
46 901
After tax
54 432
55 981
39 057
42 099
Living cost
10 982
10 982
10 982
10 982
Free-cash
43 450
44 999
28 075
31 117

Estimated living cost  is ₴10982 per week

₴6715
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
₴35390
₴28151
₴36197
₴38673
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
-
-
-
25 588
pensions
-
-
-
4 501
total
-
-
-
30 089
Employee
31 526
-
77 733
-
pensions
2 676
-
5 526
-
income
5 678
-
20 222
-
health
458
-
1 121
-
total
8 812
-
26 869
-
Employer
31 526
-
77 733
-
health
599
-
1 477
-
pensions
3 413
-
9 789
-
total
4 012
-
11 266
-
Corporate
53 463
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.

10 158
16 910
-
-
total
10 158
16 910
-
-
Dividends
43 304
72 090
-
-
withholding
4 631
13 986
-
-
total
4 631
13 986
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 613
30 896
38 135
30 089
After tax
61 387
58 104
50 865
58 911
Living cost
22 714
22 714
22 714
22 714
Free-cash
38 673
35 390
28 151
36 197

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3756
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
₴1403
₴28682
₴32789
₴18215
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
-
-
-
4 366
health
-
-
-
200
city
-
-
-
939
national
-
-
-
1 443
pensions
-
-
-
8 188
total
-
-
-
16 916
Employee
45 985
-
79 658
-
unemployment
-
-
-
-
pensions
3 863
-
6 692
-
national
218
-
1 069
-
regional
1 506
-
3 760
-
city
494
-
856
-
health
104
-
180
-
total
6 185
-
12 557
-
Employer
45 985
-
79 658
-
health
104
-
180
-
pensions
3 863
-
6 692
-
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.

919
-
1 594
-
total
4 886
-
8 466
-
Corporate
37 622
89 000
-
-
regional
7 957
18 823
-
-
national
3 198
7 565
-
-
total
11 155
26 388
-
-
Dividends
26 467
62 611
-
-
withholding
9 264
21 914
-
-
total
9 264
21 914
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 490
48 302
21 023
16 916
After tax
57 510
40 698
67 977
72 084
Living cost
39 295
39 295
39 295
39 295
Free-cash
18 215
1 403
28 682
32 789

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
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.
₴9733
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
₴21171
₴33621
₴22326
₴29242
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.

-
-
-
27 659
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.

-
-
-
3 400
trade
-
-
-
11 295
total
-
-
-
43 875
Employee

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

29 909
-
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.

3 517
-
27 659
-
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.

3 400
-
3 400
-
total
7 111
-
32 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 091
89 000
-
-
income
8 863
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
734
-
-
chamber of commerce
159
201
-
-
trade
10 134
15 264
-
-
total
19 643
29 549
-
-
Dividends
39 447
59 452
-
-
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
9 673
14 674
-
-
total
10 205
15 481
-
-
Income
89 000
89 000
89 000
89 000
Total tax
36 959
45 030
32 580
43 875
After tax
52 041
43 970
56 420
45 125
Living cost
22 799
22 799
22 799
22 799
Free-cash
29 242
21 171
33 621
22 326

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
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
₴27829
₴31723
₴33106
₴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
-
-
-
14 025
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 536
health
-
-
-
3 805
pensions
-
-
-
15 742
total
-
-
-
38 867
Employee
21 300
-
68 890
-
pensions
2 408
-
4 786
-
surtax
-
-
-
-
social contributions
607
-
1 963
-
income
1 257
-
13 391
-
total
4 272
-
20 140
-
Employer
21 300
-
68 890
-
health
1 491
-
6 370
-
pensions
3 499
-
8 058
-
unemployment
862
-
2 790
-
social contributions
64
-
207
-
other
735
-
2 685
-
total
6 651
-
20 110
-
Corporate
61 049
89 000
-
-
income
17 093
24 920
-
-
surtax
-
-
-
-
total
17 093
24 920
-
-
Dividends
43 955
64 080
-
-
surtax
-
-
-
-
social contributions
7 561
11 022
-
-
withholding
5 626
8 202
-
-
total
13 187
19 224
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 203
44 144
40 250
38 867
After tax
47 797
44 856
48 750
50 133
Living cost
17 027
17 027
17 027
17 027
Free-cash
30 770
27 829
31 723
33 106

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
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.
₴4617
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
₴29516
₴33410
₴34793
₴32282
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
-
-
-
14 025
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 536
health
-
-
-
3 805
pensions
-
-
-
15 742
total
-
-
-
38 867
Employee
19 013
-
68 890
-
pensions
2 150
-
4 786
-
surtax
-
-
-
-
social contributions
542
-
1 963
-
income
980
-
13 391
-
total
3 672
-
20 140
-
Employer
19 013
-
68 890
-
health
1 331
-
6 370
-
pensions
3 124
-
8 058
-
unemployment
770
-
2 790
-
social contributions
57
-
207
-
other
656
-
2 685
-
total
5 938
-
20 110
-
Corporate
64 049
89 000
-
-
income
17 934
24 920
-
-
surtax
-
-
-
-
total
17 934
24 920
-
-
Dividends
46 116
64 080
-
-
surtax
-
-
-
-
social contributions
7 931
11 022
-
-
withholding
5 903
8 202
-
-
total
13 834
19 224
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 378
44 144
40 250
38 867
After tax
47 622
44 856
48 750
50 133
Living cost
15 340
15 340
15 340
15 340
Free-cash
32 282
29 516
33 410
34 793

Estimated living cost  is ₴15340 per week

₴8897
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.
₴4595
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
₴43744
₴44729
₴46603
₴44003
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
16 874
-
89 000
-
social contributions
2 329
-
12 282
-
income
2 814
-
15 224
-
health
1 178
-
6 212
-
total
6 321
-
33 718
-
Employer
16 874
-
89 000
-
total
-
-
-
-
Corporate
72 126
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
68 520
84 550
-
-
social contributions
9 456
11 668
-
-
withholding
10 278
12 683
-
-
health
4 783
5 902
-
-
total
24 517
30 253
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 444
34 703
33 718
31 844
After tax
54 556
54 297
55 282
57 156
Living cost
10 553
10 553
10 553
10 553
Free-cash
44 003
43 744
44 729
46 603

Estimated living cost  is ₴10553 per week

₴7062
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
₴31694
₴6038
₴28148
₴30928
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
-
-
-
24 607
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
356
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
43 316
Employee
24 872
19 833
71 214
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 031
5 954
-
income
2 831
1 463
19 779
-
health
962
768
2 250
-
total
7 334
5 055
30 309
-
Employer
24 872
19 833
71 214
-
chamber of commerce
99
79
285
-
health
940
750
2 198
-
pensions
3 121
2 490
7 297
-
accident
323
258
756
-
unemployment
746
595
1 744
-
surtax
98
98
98
-
payroll
746
595
2 136
-
other
1 181
942
3 272
-
total
7 254
5 807
17 786
-
Corporate
56 873
63 361
69 326
-
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.

14 218
15 840
17 331
-
total
14 218
15 840
17 331
-
Dividends
42 655
47 521
-
-
withholding
11 730
13 068
-
-
total
11 730
13 068
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 536
39 770
65 426
43 316
After tax
48 464
49 230
23 574
45 684
Living cost
17 536
17 536
17 536
17 536
Free-cash
30 928
31 694
6 038
28 148

Estimated living cost  is ₴17536 per week

₴11696
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
₴31626
₴13115
₴20447
₴24161
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
-
-
-
12 408
national
-
-
-
33 403
total
-
-
-
50 407
Employee

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

35 599
-
68 932
-
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.

1 857
-
3 595
-
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.

2 670
-
5 170
-
national
10 945
-
25 068
-
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.

1 673
-
3 239
-
total
17 455
-
37 672
-
Employer

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

35 599
-
68 932
-
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
-
6 108
-
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
-
7 816
-
total
10 361
-
20 067
-
Corporate
43 039
89 000
-
-
income
8 608
17 800
-
-
surtax
172
356
-
-
total
8 780
18 156
-
-
Dividends
34 259
70 844
-
-
withholding

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

10 097
21 072
-
-
total
10 097
21 072
-
-
Income
89 000
89 000
89 000
89 000
Total tax
46 693
39 228
57 739
50 407
After tax
42 307
49 772
31 261
38 593
Living cost
18 146
18 146
18 146
18 146
Free-cash
24 161
31 626
13 115
20 447

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4587
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
₴41336
₴29871
₴31958
₴37926
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
-
-
-
416
income
-
-
-
25 230
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 069
Employee
24 773
-
74 294
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
23 522
-
total
6 800
-
26 451
-
Employer
24 773
-
74 294
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
56 331
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
47 881
75 650
-
-
withholding
9 955
16 341
-
-
total
9 955
16 341
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 101
29 691
41 156
39 069
After tax
55 899
59 309
47 844
49 931
Living cost
17 973
17 973
17 973
17 973
Free-cash
37 926
41 336
29 871
31 958

Estimated living cost  is ₴17973 per week

₴13235
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.
₴3204
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
₴24925
₴20355
₴16806
₴18524
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
-
-
-
14 767
surtax
-
-
-
4 412
health
-
-
-
6 253
pensions
-
-
-
13 340
total
-
-
-
45 148
Employee
37 688
-
79 500
-
pensions
3 015
-
6 360
-
surtax
2 310
-
4 872
-
income
3 640
-
17 330
-
health
1 677
-
3 537
-
total
10 642
-
32 099
-
Employer
37 688
-
79 500
-
health
1 149
-
2 424
-
pensions
3 015
-
6 360
-
accident
339
-
716
-
total
4 503
-
9 500
-
Corporate
46 808
89 000
-
-
communal
3 159
6 008
-
-
income
7 021
13 350
-
-
surtax
491
934
-
-
total
10 671
20 292
-
-
Dividends
36 137
68 709
-
-
income
12 193
6 430
-
-
withholding
5 421
10 307
-
-
total
17 614
16 737
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 430
37 029
41 599
45 148
After tax
45 570
51 971
47 401
43 852
Living cost
27 046
27 046
27 046
27 046
Free-cash
18 524
24 925
20 355
16 806

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
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.
₴4832
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
₴44803
₴27879
₴30921
₴43220
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
-
-
-
24 910
other
-
-
-
-
surtax
-
-
-
3 878
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
46 901
Employee
16 760
-
75 019
-
other
-
-
-
-
unemployment
1 166
-
4 623
-
pensions
1 118
-
4 430
-
surtax
59
-
3 283
-
income
2 810
-
21 933
-
health
428
-
1 693
-
total
5 581
-
35 962
-
Employer
16 760
-
75 019
-
health
762
-
3 022
-
pensions
2 235
-
8 854
-
unemployment
532
-
2 105
-
other
-
-
-
-
total
3 529
-
13 981
-
Corporate
68 712
89 000
-
-
income
17 865
23 140
-
-
total
17 865
23 140
-
-
Dividends
50 847
65 860
-
-
withholding
7 627
9 879
-
-
total
7 627
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 602
33 019
49 943
46 901
After tax
54 398
55 981
39 057
42 099
Living cost
11 178
11 178
11 178
11 178
Free-cash
43 220
44 803
27 879
30 921

Estimated living cost  is ₴11178 per week

₴6749
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.
₴3199
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
₴33374
₴24763
₴28762
₴32270
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
-
-
-
22 070
total
-
-
-
46 832
Employee
27 607
-
89 000
-
municipal
146
-
472
-
national
4 374
-
19 151
-
regional
372
-
1 197
-
social contributions
9 309
-
30 011
-
total
14 201
-
50 831
-
Employer
27 607
-
89 000
-
total
-
-
-
-
Corporate
61 393
89 000
-
-
municipal
3 051
4 424
-
-
nationa
14 734
21 360
-
-
total
17 785
25 784
-
-
Dividends
43 608
63 216
-
-
withholding
11 338
16 436
-
-
total
11 338
16 436
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 324
42 220
50 831
46 832
After tax
45 676
46 780
38 169
42 168
Living cost
13 406
13 406
13 406
13 406
Free-cash
32 270
33 374
24 763
28 762

Estimated living cost  is ₴13406 per week

₴8337
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
₴46238
₴31530
₴35471
₴40872
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
-
-
-
8 913
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
-
health
-
-
-
12 015
total
-
-
-
38 490
Employee
22 117
-
67 857
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 909
-
income
2 654
-
8 218
-
health
2 986
-
9 161
-
total
7 078
-
21 288
-
Employer
22 117
-
67 857
-
health
1 990
-
6 107
-
social contributions
5 529
-
15 036
-
total
7 519
-
21 143
-
Corporate
59 363
89 000
-
-
income
11 279
16 910
-
-
total
11 279
16 910
-
-
Dividends
48 084
72 090
-
-
withholding
7 213
10 813
-
-
total
7 213
10 813
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 089
27 723
42 431
38 490
After tax
55 911
61 277
46 569
50 510
Living cost
15 039
15 039
15 039
15 039
Free-cash
40 872
46 238
31 530
35 471

Estimated living cost  is ₴15039 per week

₴11184
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.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴33404
₴7721
₴29904
₴33160
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
-
-
-
24 607
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
356
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
43 218
Employee
21 755
19 833
71 306
-
other
217
198
582
-
unemployment
653
595
1 744
-
pensions
2 228
2 031
5 954
-
income
1 938
1 463
19 823
-
health
841
768
2 250
-
total
5 877
5 055
30 353
-
Employer
21 755
19 833
71 306
-
chamber of commerce
87
79
285
-
health
823
750
2 198
-
pensions
2 730
2 490
7 297
-
accident
282
258
756
-
unemployment
653
595
1 744
-
surtax
-
-
-
-
payroll
653
595
2 139
-
other
1 033
942
3 275
-
total
6 261
5 709
17 694
-
Corporate
60 985
63 459
69 417
-
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.

15 246
15 865
17 354
-
total
15 246
15 865
17 354
-
Dividends
45 739
47 594
-
-
withholding
12 578
13 089
-
-
total
12 578
13 089
-
-
Income
89 000
89 000
89 000
89 000
Total tax
39 962
39 718
65 401
43 218
After tax
49 038
49 282
23 599
45 782
Living cost
15 878
15 878
15 878
15 878
Free-cash
33 160
33 404
7 721
29 904

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
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.
₴4448
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
₴78301
₴64951
₴81861
₴77130
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
7 811
-
89 000
-
income
1 562
-
17 800
-
total
1 562
-
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%.

81 189
89 000
-
-
total
-
-
-
-
Dividends
81 189
89 000
-
-
withholding
4 059
4 450
-
-
total
4 059
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 621
4 450
17 800
890
After tax
83 379
84 550
71 200
88 110
Living cost
6 249
6 249
6 249
6 249
Free-cash
77 130
78 301
64 951
81 861

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
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.
₴1548
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
₴47927
₴27693
₴30051
₴43766
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
-
-
-
20 455
unemployment
-
-
-
133
health
-
-
-
8 758
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.

22 007
-
77 010
-
unemployment
31
-
108
-
pensions
3 411
-
11 937
-
income
3 795
-
18 948
-
health
1 421
-
4 975
-
total
8 658
-
35 968
-
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.

22 007
-
77 010
-
health
1 466
-
5 129
-
pensions
1 947
-
6 815
-
unemployment
13
-
46
-
total
3 426
-
11 990
-
Corporate
63 566
89 000
-
-
income
12 077
16 910
-
-
total
12 077
16 910
-
-
Dividends
51 489
72 090
-
-
withholding
7 724
10 814
-
-
total
7 724
10 814
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 885
27 724
47 958
45 600
After tax
57 115
61 276
41 042
43 400
Living cost
13 349
13 349
13 349
13 349
Free-cash
43 766
47 927
27 693
30 051

Estimated living cost  is ₴13349 per week

₴9161
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
₴32890
₴61261
₴40248
₴9454
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
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
Corporate
15 540
89 000
-
-
income
3 419
19 580
-
-
total
3 419
19 580
-
-
Dividends
12 121
69 420
-
-
income
2 667
15 272
-
-
total
2 667
15 272
-
-
Income
89 000
89 000
89 000
89 000
Total tax
58 288
34 852
6 481
27 494
After tax
30 712
54 148
82 519
61 506
Living cost
21 258
21 258
21 258
21 258
Free-cash
9 454
32 890
61 261
40 248

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
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.
₴5195
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
₴35013
₴25220
₴31968
₴34513
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
22 889
-
71 919
-
surtax
-
-
-
-
social contributions
2 518
-
7 911
-
income
4 761
-
23 178
-
total
7 279
-
31 089
-
Employer
22 889
-
71 919
-
social contributions
5 436
-
17 081
-
total
5 436
-
17 081
-
Corporate
60 675
89 000
-
-
income
12 741
18 690
-
-
surtax
-
-
-
-
total
12 741
18 690
-
-
Dividends
47 933
70 310
-
-
withholding
13 421
19 687
-
-
total
13 421
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 877
38 377
48 170
41 422
After tax
50 123
50 623
40 830
47 578
Living cost
15 610
15 610
15 610
15 610
Free-cash
34 513
35 013
25 220
31 968

Estimated living cost  is ₴15610 per week

₴11680
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
₴20819
₴24713
₴26096
₴24238
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
-
-
-
14 025
other
-
-
-
2 759
surtax
-
-
-
-
social contributions
-
-
-
2 536
health
-
-
-
3 805
pensions
-
-
-
15 742
total
-
-
-
38 867
Employee
31 170
-
68 890
-
pensions
3 526
-
4 786
-
surtax
-
-
-
-
social contributions
888
-
1 963
-
income
2 720
-
13 391
-
total
7 134
-
20 140
-
Employer
31 170
-
68 890
-
health
2 182
-
6 370
-
pensions
5 122
-
8 058
-
unemployment
1 263
-
2 790
-
social contributions
93
-
207
-
other
1 076
-
2 685
-
total
9 736
-
20 110
-
Corporate
48 094
89 000
-
-
income
13 467
24 920
-
-
surtax
-
-
-
-
total
13 467
24 920
-
-
Dividends
34 628
64 080
-
-
surtax
-
-
-
-
social contributions
5 956
11 022
-
-
withholding
4 432
8 202
-
-
total
10 388
19 224
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 725
44 144
40 250
38 867
After tax
48 275
44 856
48 750
50 133
Living cost
24 037
24 037
24 037
24 037
Free-cash
24 238
20 819
24 713
26 096

Estimated living cost  is ₴24037 per week

₴16268
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.
₴5473
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
₴65140
₴52905
₴50541
₴63468
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
-
-
-
3 919
social contributions
-
-
-
19 580
total
-
-
-
23 499
Employee
16 000
-
77 057
-
income
-
-
4 183
-
social contributions
1 040
-
5 009
-
total
1 040
-
9 192
-
Employer
16 000
-
77 057
-
social contributions
2 480
-
11 943
-
total
2 480
-
11 943
-
Corporate
70 520
89 000
-
-
income
7 052
8 900
-
-
total
7 052
8 900
-
-
Dividends
63 468
80 100
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
10 572
8 900
21 135
23 499
After tax
78 428
80 100
67 865
65 501
Living cost
14 960
14 960
14 960
14 960
Free-cash
63 468
65 140
52 905
50 541

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
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.
₴3878
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
-₴19427
-₴19427
₴28446
-₴19427
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
-
-
-
18 579
national
-
-
-
10 491
pensions
-
-
-
431
total
-
-
-
36 587
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
84 460
84 460
84 460
36 587
After tax
4 540
4 540
4 540
52 413
Living cost
23 967
23 967
23 967
23 967
Free-cash
-19 427
-19 427
-19 427
28 446

Estimated living cost  is ₴23967 per week

₴16403
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.
₴5075
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
-₴3738
₴37399
₴49894
₴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
-
-
-
24 642
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 159
Employee
17 220
-
80 134
-
pensions
1 939
-
3 853
-
income
2 362
-
18 761
-
health
1 972
-
9 175
-
total
6 273
-
31 789
-
Employer
17 220
-
80 134
-
pensions
2 800
-
5 564
-
accident
288
-
1 338
-
unemployment
422
-
1 963
-
total
3 510
-
8 865
-
Corporate
68 271
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.

61 444
80 100
-
-
total
61 444
80 100
-
-
Dividends
6 827
8 900
-
-
withholding
1 297
1 691
-
-
total
1 297
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
72 524
81 791
40 654
28 159
After tax
16 476
7 209
48 346
60 841
Living cost
10 947
10 947
10 947
10 947
Free-cash
5 529
-3 738
37 399
49 894

Estimated living cost  is ₴10947 per week

₴7968
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.
₴2149
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
₴36579
₴27497
₴38103
₴37863
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
-
-
-
14 816
total
-
-
-
31 790
Employee
26 184
-
74 872
-
municipal
4 289
-
12 195
-
unemployment
393
-
1 123
-
pensions
1 767
-
5 054
-
national
433
-
8 951
-
health
195
-
945
-
total
7 077
-
28 268
-
Employer
26 184
-
74 872
-
health
201
-
576
-
pensions
4 543
-
12 991
-
accident
26
-
75
-
unemployment
170
-
486
-
total
4 940
-
14 128
-
Corporate
57 876
89 000
-
-
income
11 575
17 800
-
-
total
11 575
17 800
-
-
Dividends

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

34 726
53 400
-
-
municipal
6 250
9 612
-
-
national
2 188
5 902
-
-
total
8 438
15 514
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 030
33 314
42 396
31 790
After tax
56 970
55 686
46 604
57 210
Living cost
19 107
19 107
19 107
19 107
Free-cash
37 863
36 579
27 497
38 103

Estimated living cost  is ₴19107 per week

₴12481
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.
₴4485
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
₴53399
₴48462
₴49242
₴50690
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
-
-
-
17 914
social contributions
-
-
-
8 052
health
-
-
-
2 269
total
-
-
-
28 235
Employee
38 269
38 269
83 178
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
17 495
-
health
297
651
1 414
-
total
5 911
7 370
23 193
-
Employer
38 269
38 269
83 178
-
health
322
708
1 538
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 822
-
Corporate
69 798
46 847
-
-
income
8 725
5 855
-
-
total
8 725
5 855
-
-
Dividends
61 074
40 991
-
-
withholding
10 382
6 969
-
-
total
10 382
6 969
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 787
24 078
29 015
28 235
After tax
62 213
64 922
59 985
60 765
Living cost
11 523
11 523
11 523
11 523
Free-cash
50 690
53 399
48 462
49 242

Estimated living cost  is ₴11523 per week

₴6906
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.
₴3232
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
₴65799
₴57069
₴67050
₴63267
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
-
-
-
9 067
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
14 048
Employee

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

11 423
-
84 136
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
7 832
-
health
971
-
4 014
-
total
3 522
-
19 165
-
Employer

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

11 423
-
84 136
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
76 401
89 000
-
-
income
6 876
8 010
-
-
total
6 876
8 010
-
-
Dividends
69 524
80 990
-
-
withholding
6 257
7 289
-
-
total
6 257
7 289
-
-
Income
89 000
89 000
89 000
89 000
Total tax
17 831
15 299
24 029
14 048
After tax
71 169
73 701
64 971
74 952
Living cost
7 902
7 902
7 902
7 902
Free-cash
63 267
65 799
57 069
67 050

Estimated living cost  is ₴7902 per week

₴5041
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
₴45624
₴34159
₴36246
₴43425
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
-
-
-
416
income
-
-
-
25 230
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 069
Employee
18 402
-
74 294
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
23 522
-
total
4 716
-
26 451
-
Employer
18 402
-
74 294
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
64 731
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.

9 710
13 350
-
-
total
9 710
13 350
-
-
Dividends
55 022
75 650
-
-
withholding
11 598
16 341
-
-
total
11 598
16 341
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 890
29 691
41 156
39 069
After tax
57 110
59 309
47 844
49 931
Living cost
13 685
13 685
13 685
13 685
Free-cash
43 425
45 624
34 159
36 246

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
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.
₴2893
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
₴54528
₴56178
₴56250
₴54362
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
-
-
-
30 474
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
31 742
Employee
1 535
-
88 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
30 435
-
health
77
-
184
-
total
527
-
30 987
-
Employer
1 535
-
88 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
87 119
89 000
-
-
income
19 166
19 580
-
-
total
19 166
19 580
-
-
Dividends
67 953
69 420
-
-
withholding
13 591
13 884
-
-
total
13 591
13 884
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 630
33 464
31 814
31 742
After tax
55 370
55 536
57 186
57 258
Living cost
1 008
1 008
1 008
1 008
Free-cash
54 362
54 528
56 178
56 250

Estimated living cost  is ₴1008 per week

₴599
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.
₴304
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
₴55713
₴46358
₴46358
₴53268
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
-
-
-
20 175
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
34 052
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.

12 954
-
82 429
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
20 175
-
health
667
-
1 891
-
total
4 364
-
27 480
-
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.

12 954
-
82 429
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
73 727
89 000
-
-
income
11 059
13 350
-
-
total
11 059
13 350
-
-
Dividends
62 668
75 650
-
-
withholding
9 400
11 347
-
-
total
9 400
11 347
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 141
24 697
34 051
34 052
After tax
61 859
64 303
54 949
54 948
Living cost
8 590
8 590
8 590
8 590
Free-cash
53 268
55 713
46 358
46 358

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
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.
₴1893
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
₴37206
₴27413
₴34161
₴37026
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
19 316
-
71 919
-
surtax
-
-
-
-
social contributions
2 125
-
7 911
-
income
3 774
-
23 178
-
total
5 899
-
31 089
-
Employer
19 316
-
71 919
-
social contributions
4 587
-
17 081
-
total
4 587
-
17 081
-
Corporate
65 097
89 000
-
-
income
13 671
18 690
-
-
surtax
-
-
-
-
total
13 671
18 690
-
-
Dividends
51 426
70 310
-
-
withholding
14 400
19 687
-
-
total
14 400
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 557
38 377
48 170
41 422
After tax
50 443
50 623
40 830
47 578
Living cost
13 417
13 417
13 417
13 417
Free-cash
37 026
37 206
27 413
34 161

Estimated living cost  is ₴13417 per week

₴9503
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.
₴2745
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
₴41819
₴30354
₴32441
₴38561
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
-
-
-
416
income
-
-
-
25 230
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 069
Employee
24 035
-
74 294
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
23 522
-
total
6 546
-
26 451
-
Employer
24 035
-
74 294
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
57 301
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.

8 595
13 350
-
-
total
8 595
13 350
-
-
Dividends
48 706
75 650
-
-
withholding
10 145
16 341
-
-
total
10 145
16 341
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 949
29 691
41 156
39 069
After tax
56 051
59 309
47 844
49 931
Living cost
17 490
17 490
17 490
17 490
Free-cash
38 561
41 819
30 354
32 441

Estimated living cost  is ₴17490 per week

₴12561
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
₴67536
₴65957
₴62450
₴64503
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
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
17 991
Employee
11 334
-
85 590
-
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
1 134
-
8 559
-
health
521
-
799
-
total
2 775
-
11 075
-
Employer
11 334
-
85 590
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
75 443
89 000
-
-
income
7 544
8 900
-
-
total
7 544
8 900
-
-
Dividends
67 899
80 100
-
-
withholding
3 395
4 005
-
-
total
3 395
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
15 938
12 905
14 484
17 991
After tax
73 062
76 095
74 516
71 009
Living cost
8 559
8 559
8 559
8 559
Free-cash
64 503
67 536
65 957
62 450

Estimated living cost  is ₴8559 per week

₴5661
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
₴26587
₴37206
₴27755
₴33098
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.

-
-
-
27 659
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.

-
-
-
3 400
trade
-
-
-
9 451
total
-
-
-
42 031
Employee

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

24 762
-
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
-
27 659
-
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.

3 400
-
3 400
-
total
5 548
-
32 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 238
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
734
-
-
chamber of commerce
170
206
-
-
trade
9 218
12 772
-
-
total
19 554
27 062
-
-
Dividends
44 684
61 939
-
-
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
10 982
15 296
-
-
total
11 586
16 137
-
-
Income
89 000
89 000
89 000
89 000
Total tax
36 688
43 199
32 580
42 031
After tax
52 312
45 801
56 420
46 969
Living cost
19 214
19 214
19 214
19 214
Free-cash
33 098
26 587
37 206
27 755

Estimated living cost  is ₴19214 per week

₴13254
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
₴33950
₴18397
₴18397
₴35049
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
-
-
-
27 374
social contributions
-
-
-
14 879
total
-
-
-
42 253
Employee
38 929
-
89 000
-
income
7 346
-
27 374
-
social contributions
3 234
-
14 879
-
total
10 580
-
42 253
-
Employer
38 929
-
89 000
-
total
-
-
-
-
Corporate
50 071
89 000
-
-
income
6 259
11 125
-
-
total
6 259
11 125
-
-
Dividends
43 812
77 875
-
-
withholding
8 762
15 575
-
-
total
8 762
15 575
-
-
Income
89 000
89 000
89 000
89 000
Total tax
25 601
26 700
42 253
42 253
After tax
63 399
62 300
46 747
46 747
Living cost
28 350
28 350
28 350
28 350
Free-cash
35 049
33 950
18 397
18 397

Estimated living cost  is ₴28350 per week

₴21568
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.
₴4201
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
₴37155
₴45134
₴53751
₴38896
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
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
86 711
-
income
2 477
-
21 222
-
social contributions
2 287
-
2 289
-
total
4 764
-
23 511
-
Employer
22 830
-
86 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
63 882
89 000
-
-
income
22 358
31 150
-
-
total
22 358
31 150
-
-
Dividends
41 524
57 850
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 038
33 779
25 800
17 183
After tax
56 962
55 221
63 200
71 817
Living cost
18 066
18 066
18 066
18 066
Free-cash
38 896
37 155
45 134
53 751

Estimated living cost  is ₴18066 per week

₴11900
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
₴39638
₴32399
₴40445
₴42580
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
-
-
-
25 588
pensions
-
-
-
4 501
total
-
-
-
30 089
Employee
25 347
-
77 733
-
pensions
1 935
-
5 526
-
income
4 616
-
20 222
-
health
331
-
1 121
-
total
6 882
-
26 869
-
Employer
25 347
-
77 733
-
health
482
-
1 477
-
pensions
2 561
-
9 789
-
total
3 043
-
11 266
-
Corporate
60 610
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.

11 516
16 910
-
-
total
11 516
16 910
-
-
Dividends
49 094
72 090
-
-
withholding
6 513
13 986
-
-
total
6 513
13 986
-
-
Income
89 000
89 000
89 000
89 000
Total tax
27 954
30 896
38 135
30 089
After tax
61 046
58 104
50 865
58 911
Living cost
18 466
18 466
18 466
18 466
Free-cash
42 580
39 638
32 399
40 445

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3868
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
-₴4822
₴36315
₴48810
₴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
-
-
-
24 642
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 159
Employee
18 925
-
80 134
-
pensions
2 131
-
3 853
-
income
2 596
-
18 761
-
health
2 167
-
9 175
-
total
6 894
-
31 789
-
Employer
18 925
-
80 134
-
pensions
3 077
-
5 564
-
accident
316
-
1 338
-
unemployment
464
-
1 963
-
total
3 857
-
8 865
-
Corporate
66 219
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.

59 597
80 100
-
-
total
59 597
80 100
-
-
Dividends
6 622
8 900
-
-
withholding
1 258
1 691
-
-
total
1 258
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
71 606
81 791
40 654
28 159
After tax
17 394
7 209
48 346
60 841
Living cost
12 031
12 031
12 031
12 031
Free-cash
5 363
-4 822
36 315
48 810

Estimated living cost  is ₴12031 per week

₴8829
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.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴68169
₴56636
₴45691
₴65841
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
-
-
-
5 891
pensions
-
-
-
14 647
total
-
-
-
36 585
Employee

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

10 758
-
89 000
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
14 694
-
total
4 034
-
25 640
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 242
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
77 460
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
25 640
36 585
After tax
72 565
74 893
63 360
52 415
Living cost
6 724
6 724
6 724
6 724
Free-cash
65 841
68 169
56 636
45 691

Estimated living cost  is ₴6724 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
₴27053
₴17671
₴21579
₴24789
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
-
-
-
2 039
municipal
-
-
-
595
national
-
-
-
22 070
total
-
-
-
47 595
Employee
41 937
-
89 000
-
municipal
250
-
531
-
national
7 087
-
19 151
-
regional
633
-
1 810
-
social contributions
14 141
-
30 011
-
total
22 111
-
51 503
-
Employer
41 937
-
89 000
-
total
-
-
-
-
Corporate
47 063
89 000
-
-
municipal
2 269
4 290
-
-
nationa
11 295
21 360
-
-
total
13 564
25 650
-
-
Dividends
33 499
63 350
-
-
withholding
8 710
16 471
-
-
total
8 710
16 471
-
-
Income
89 000
89 000
89 000
89 000
Total tax
44 385
42 121
51 503
47 595
After tax
44 615
46 879
37 497
41 405
Living cost
19 826
19 826
19 826
19 826
Free-cash
24 789
27 053
17 671
21 579

Estimated living cost  is ₴19826 per week

₴13927
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.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close