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
₴31893
₴36631
₴31610
₴42491
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
trade
-
-
-
10 881
income

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

-
-
-
29 015
health

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

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

-
-
-
2 926
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.

-
-
-
1 595
total
-
-
-
44 417
Employee

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

16 381
-
89 000
-
health

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

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

2 926
-
2 926
-
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.

25
-
1 595
-
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.

458
-
29 015
-
total
3 409
-
33 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 619
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.

599
734
-
-
income
10 893
13 350
-
-
trade
11 437
14 018
-
-
chamber of commerce
169
193
-
-
total
23 098
28 295
-
-
Dividends
49 521
60 705
-
-
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.

672
826
-
-
withholding
12 217
15 013
-
-
total
12 889
15 839
-
-
Income
89 000
89 000
89 000
89 000
Total tax
39 396
44 134
33 536
44 417
After tax
49 604
44 866
55 464
44 583
Living cost
12 973
12 973
12 973
12 973
Free-cash
36 631
31 893
42 491
31 610

Estimated living cost  is ₴12973 per week

₴8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
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.
₴3058
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
₴33895
₴33534
₴29568
₴30047
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
municipal
-
-
-
9 848
pensions
-
-
-
10 680
national
-
-
-
16 306
social contributions
-
-
-
957
total
-
-
-
37 791
Employee
33 548
-
76 940
-
municipal
4 144
-
10 192
-
pensions
1 342
-
3 078
-
national
6 421
-
17 060
-
total
11 907
-
30 330
-
Employer
33 548
-
76 940
-
social contributions
361
-
827
-
pensions
2 684
-
6 155
-
total
3 045
-
6 982
-
Corporate
50 193
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%.

10 039
17 800
-
-
total
10 039
17 800
-
-
Dividends
40 155
71 200
-
-
withholding
8 834
15 664
-
-
total
8 834
15 664
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 825
33 464
37 312
37 791
After tax
55 175
55 536
51 688
51 209
Living cost
21 641
21 641
21 641
21 641
Free-cash
33 534
33 895
30 047
29 568

Estimated living cost  is ₴21641 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4596
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
₴62290
₴58776
₴22967
₴29398
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
microenterprise
-
-
-
-
income
-
-
-
18 018
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.

-
-
-
16 410
total
-
-
-
57 123
Employee
12 515
-
69 103
-
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.

1 377
-
5 615
-
surtax
-
-
10 020
-
income
2 228
-
15 160
-
total
3 605
-
30 795
-
Employer
12 515
-
69 103
-
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.

3 015
-
12 296
-
surtax
-
-
7 601
-
total
3 015
-
19 897
-
Corporate
73 471
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%.

14 694
17 800
-
-
total
14 694
17 800
-
-
Dividends

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

58 777
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
21 314
17 800
50 692
57 123
After tax
67 686
71 200
38 308
31 877
Living cost
8 910
8 910
8 910
8 910
Free-cash
58 776
62 290
29 398
22 967

Estimated living cost  is ₴8910 per week

₴5684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
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
₴26321
₴23699
₴30250
₴38991
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
-
-
-
30 509
pensions
-
-
-
5 018
health
-
-
-
5 281
total
-
-
-
40 808
Employee
36 574
36 574
81 041
-
health
5 614
4 775
5 281
-
income

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

5 987
5 987
13 809
-
pensions
6 583
5 018
5 018
-
total
18 184
15 780
24 108
-
Employer
36 574
36 574
81 041
-
unemployment
1 317
1 317
1 636
-
pensions
2 546
2 546
3 164
-
health
2 542
2 542
3 159
-
total
6 405
6 405
7 959
-
Corporate
46 470
46 021
-
-
income
9 294
9 205
-
-
total
9 294
9 205
-
-
Dividends
37 176
36 817
-
-
income
7 900
7 824
-
-
withholding
5 576
5 523
-
-
total
13 476
13 347
-
-
Income
89 000
89 000
89 000
89 000
Total tax
47 359
44 737
32 067
40 808
After tax
41 641
44 263
56 933
48 192
Living cost
17 942
17 942
17 942
17 942
Free-cash
23 699
26 321
38 991
30 250

Estimated living cost  is ₴17942 per week

₴12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3324
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
₴32046
₴31675
₴28169
₴27769
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
municipal
-
-
-
23 407
accident
-
-
-
73
pensions
-
-
-
3 920
other
-
-
-
4 214
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
10 370
total
-
-
-
44 283
Employee
23 579
-
77 605
-
municipal
7 031
-
23 142
-
national
-
-
10 147
-
total
7 031
-
33 289
-
Employer
23 579
-
77 605
-
accident
47
-
73
-
other
2 740
-
4 214
-
unemployment
622
-
957
-
pensions
2 549
-
3 920
-
health
1 450
-
2 230
-
total
7 408
-
11 394
-
Corporate
58 012
89 000
-
-
income
12 763
19 580
-
-
total
12 763
19 580
-
-
Dividends
45 250
69 420
-
-
withholding
13 575
20 826
-
-
total
13 575
20 826
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 777
40 406
44 683
44 283
After tax
48 223
48 594
44 317
44 717
Living cost
16 548
16 548
16 548
16 548
Free-cash
31 675
32 046
27 769
28 169

Estimated living cost  is ₴16548 per week

₴10967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3706
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
₴27584
₴33603
₴27274
₴38639
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
trade
-
-
-
11 365
income

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

-
-
-
29 015
health

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

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

-
-
-
2 926
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.

-
-
-
1 595
total
-
-
-
44 901
Employee

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

21 719
-
89 000
-
health

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

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

2 926
-
2 926
-
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.

102
-
1 595
-
income

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

1 866
-
29 015
-
total
4 894
-
33 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 281
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.

555
734
-
-
income
10 092
13 350
-
-
trade
11 067
14 640
-
-
chamber of commerce
161
192
-
-
total
21 875
28 916
-
-
Dividends
45 405
60 084
-
-
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.

615
817
-
-
withholding
11 188
14 858
-
-
total
11 803
15 675
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 572
44 591
33 536
44 901
After tax
50 428
44 409
55 464
44 099
Living cost
16 825
16 825
16 825
16 825
Free-cash
33 603
27 584
38 639
27 274

Estimated living cost  is ₴16825 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3547
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
₴50990
₴49214
₴46261
₴45514
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
-
-
-
19 648
health
-
-
-
2 269
social contributions
-
-
-
6 930
total
-
-
-
28 847
Employee
32 933
32 933
83 763
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 424
-
income
3 458
3 049
19 246
-
total
5 386
6 342
24 357
-
Employer
32 933
32 933
83 763
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 550
-
total
1 957
3 343
5 237
-
Corporate
67 765
52 724
-
-
income
8 471
6 591
-
-
total
8 471
6 591
-
-
Dividends
59 295
46 133
-
-
withholding
10 080
7 842
-
-
total
10 080
7 842
-
-
Income
89 000
89 000
89 000
89 000
Total tax
25 894
24 118
29 594
28 847
After tax
63 106
64 882
59 406
60 153
Living cost
13 892
13 892
13 892
13 892
Free-cash
49 214
50 990
45 514
46 261

Estimated living cost  is ₴13892 per week

₴9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3077
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
₴42185
₴42349
₴53873
₴43812
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
pensions
-
-
-
8 900
unemployment
-
-
-
1 335
health
-
-
-
6 230
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.

11 233
4 471
74 477
-
health
786
313
5 213
-
income
1 373
547
9 105
-
pensions
1 123
447
7 448
-
unemployment
168
67
1 117
-
total
3 450
1 374
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.

11 233
4 471
74 477
-
pensions
2 190
872
14 523
-
total
2 190
872
14 523
-
Corporate
75 577
83 658
-
-
income
6 802
7 529
-
-
total
6 802
7 529
-
-
Dividends
68 775
76 129
-
-
social contributions
13 360
14 794
-
-
withholding
13 067
14 464
-
-
total
26 427
29 258
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 869
39 033
37 406
27 345
After tax
50 131
49 967
51 594
61 655
Living cost
7 782
7 782
7 782
7 782
Free-cash
42 349
42 185
43 812
53 873

Estimated living cost  is ₴7782 per week

₴5310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
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
₴60855
₴58195
₴37359
₴40954
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
pensions
-
-
-
17 800
health
-
-
-
11 570
total
-
-
-
41 296
Employee
12 150
-
66 517
-
income
1 368
-
12 825
-
pensions
243
-
1 330
-
unemployment
194
-
1 064
-
total
1 805
-
15 219
-
Employer
12 150
-
66 517
-
unemployment
98
-
532
-
pensions
2 430
-
13 303
-
health
1 579
-
8 647
-
total
4 107
-
22 482
-
Corporate
72 743
89 000
-
-
income
14 548
17 800
-
-
total
14 548
17 800
-
-
Dividends
58 195
71 200
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
20 460
17 800
37 701
41 296
After tax
68 540
71 200
51 299
47 704
Living cost
10 345
10 345
10 345
10 345
Free-cash
58 195
60 855
40 954
37 359

Estimated living cost  is ₴10345 per week

₴7095
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.
₴208
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.
₴2425
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
-₴2158
₴5773
₴51422
₴39469
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
-
-
-
108
income
-
-
-
25 244
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
28 211
Employee
14 735
-
80 973
-
health
1 687
-
9 271
-
income
2 022
-
19 618
-
pensions
1 659
-
3 248
-
total
5 368
-
32 137
-
Employer
14 735
-
80 973
-
accident
246
-
1 352
-
unemployment
361
-
1 984
-
pensions
2 396
-
4 691
-
total
3 003
-
8 027
-
Corporate
71 262
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.

64 135
80 100
-
-
total
64 135
80 100
-
-
Dividends
7 126
8 900
-
-
withholding
1 354
1 691
-
-
total
1 354
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
73 860
81 791
40 164
28 211
After tax
15 140
7 209
48 836
60 789
Living cost
9 367
9 367
9 367
9 367
Free-cash
5 773
-2 158
39 469
51 422

Estimated living cost  is ₴9367 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1788
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
₴80696
₴79974
₴84257
₴67346
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
4 817
-
89 000
-
income
963
-
17 800
-
total
963
-
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%.

84 183
89 000
-
-
total
-
-
-
-
Dividends
84 183
89 000
-
-
withholding
4 209
4 450
-
-
total
4 209
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 172
4 450
17 800
890
After tax
83 828
84 550
71 200
88 110
Living cost
3 854
3 854
3 854
3 854
Free-cash
79 974
80 696
67 346
84 257

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
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
₴53976
₴51085
₴40958
₴40205
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
-
-
-
15 040
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.

-
-
-
15 631
other
-
-
-
3 093
health
-
-
-
2 866
total
-
-
-
36 630
Employee
15 551
-
72 529
-
health
218
-
912
-
income
2 677
-
14 790
-
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.

1 088
-
4 559
-
unemployment
155
-
651
-
total
4 138
-
20 912
-
Employer
15 551
-
72 529
-
accident
124
-
580
-
other
778
-
3 256
-
unemployment
155
-
651
-
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.

2 644
-
11 072
-
health
218
-
912
-
total
3 919
-
16 471
-
Corporate
69 530
89 000
-
-
income
14 601
18 690
-
-
total
14 601
18 690
-
-
Dividends
54 929
70 310
-
-
withholding
3 845
4 922
-
-
total
3 845
4 922
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 503
23 612
37 383
36 630
After tax
62 497
65 388
51 617
52 370
Living cost
11 412
11 412
11 412
11 412
Free-cash
51 085
53 976
40 205
40 958

Estimated living cost  is ₴11412 per week

₴8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴2394
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
₴28082
₴31541
₴29276
₴21295
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
-
-
-
26 848
pensions
-
-
-
4 133
total
-
-
-
30 981
Employee
40 666
-
77 624
-
health
670
-
1 073
-
income
7 331
-
21 527
-
pensions
3 923
-
4 986
-
total
11 924
-
27 586
-
Employer
40 666
-
77 624
-
pensions
4 802
-
9 901
-
health
772
-
1 475
-
total
5 574
-
11 376
-
Corporate
42 760
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.

8 125
16 910
-
-
total
8 125
16 910
-
-
Dividends
34 635
72 090
-
-
withholding
3 093
15 265
-
-
total
3 093
15 265
-
-
Income
89 000
89 000
89 000
89 000
Total tax
28 716
32 175
38 962
30 981
After tax
60 284
56 825
50 038
58 019
Living cost
28 743
28 743
28 743
28 743
Free-cash
31 541
28 082
21 295
29 276

Estimated living cost  is ₴28743 per week

₴21537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3595
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
₴70476
₴68486
₴66033
₴69669
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 348
Employee
7 440
-
86 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
8 606
-
pensions

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

653
-
1 314
-
total
1 821
-
10 774
-
Employer
7 440
-
86 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
80 100
89 000
-
-
income
8 010
8 900
-
-
total
8 010
8 900
-
-
Dividends
72 090
80 100
-
-
withholding
3 604
4 005
-
-
total
3 604
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
14 895
12 905
13 712
17 348
After tax
74 105
76 095
75 288
71 652
Living cost
5 619
5 619
5 619
5 619
Free-cash
68 486
70 476
69 669
66 033

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1789
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
₴20514
₴21593
₴24443
₴33184
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
-
-
-
30 509
pensions
-
-
-
5 018
health
-
-
-
5 281
total
-
-
-
40 808
Employee
39 708
36 574
81 041
-
health
4 954
4 775
5 281
-
income

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

5 987
5 987
13 809
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
24 108
-
Employer
39 708
36 574
81 041
-
unemployment
1 430
1 317
1 636
-
pensions
2 763
2 546
3 164
-
health
2 759
2 542
3 159
-
total
6 952
6 405
7 959
-
Corporate
42 340
46 021
-
-
income
8 468
9 205
-
-
total
8 468
9 205
-
-
Dividends
33 872
36 817
-
-
income
7 198
7 824
-
-
withholding
5 081
5 523
-
-
total
12 279
13 347
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 658
44 737
32 067
40 808
After tax
45 342
44 263
56 933
48 192
Living cost
23 749
23 749
23 749
23 749
Free-cash
21 593
20 514
33 184
24 443

Estimated living cost  is ₴23749 per week

₴17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
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
₴51019
₴47360
₴41817
₴37987
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
-
-
-
9 334
health
-
-
-
12 015
solidarity contribution
-
-
-
818
social contributions
-
-
-
14 759
total
-
-
-
36 926
Employee
15 084
-
70 058
-
social contributions
980
-
3 285
-
health
2 036
-
9 458
-
solidarity contribution
-
-
474
-
income
1 810
-
8 597
-
total
4 826
-
21 814
-
Employer
15 084
-
70 058
-
social contributions
3 771
-
12 637
-
health
1 358
-
6 305
-
total
5 129
-
18 942
-
Corporate
68 788
89 000
-
-
income
13 070
16 910
-
-
total
13 070
16 910
-
-
Dividends
55 718
72 090
-
-
withholding
8 358
10 814
-
-
total
8 358
10 814
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 383
27 724
40 756
36 926
After tax
57 617
61 276
48 244
52 074
Living cost
10 257
10 257
10 257
10 257
Free-cash
47 360
51 019
37 987
41 817

Estimated living cost  is ₴10257 per week

₴7125
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.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
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
₴29413
₴27177
₴24360
₴20727
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
municipal
-
-
-
540
regional
-
-
-
1 090
national
-
-
-
23 502
social contributions
-
-
-
21 436
total
-
-
-
46 568
Employee
38 064
-
89 000
-
social contributions
12 835
-
28 103
-
regional
359
-
975
-
municipal
202
-
487
-
national
6 596
-
20 636
-
total
19 992
-
50 201
-
Employer
38 064
-
89 000
-
total
-
-
-
-
Corporate
50 936
89 000
-
-
nationa
12 225
21 360
-
-
municipal
1 986
3 471
-
-
total
14 211
24 831
-
-
Dividends
36 725
64 169
-
-
withholding
9 548
16 684
-
-
total
9 548
16 684
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 751
41 515
50 201
46 568
After tax
45 249
47 485
38 799
42 432
Living cost
18 072
18 072
18 072
18 072
Free-cash
27 177
29 413
20 727
24 360

Estimated living cost  is ₴18072 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
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.
₴4012
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
₴46530
₴45197
₴32486
₴29867
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
-
-
-
27 021
pensions
-
-
-
11 432
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 454
total
-
-
-
47 063
Employee
14 163
-
76 968
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
3 942
-
income
2 374
-
24 459
-
pensions
944
-
3 813
-
unemployment
986
-
3 978
-
total
4 712
-
37 649
-
Employer
14 163
-
76 968
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
71 856
89 000
-
-
income
18 682
23 140
-
-
total
18 682
23 140
-
-
Dividends
53 173
65 860
-
-
withholding
7 976
9 879
-
-
total
7 976
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 352
33 019
49 682
47 063
After tax
54 648
55 981
39 318
41 937
Living cost
9 451
9 451
9 451
9 451
Free-cash
45 197
46 530
29 867
32 486

Estimated living cost  is ₴9451 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴37189
₴40027
₴38383
₴30402
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
-
-
-
26 848
pensions
-
-
-
4 133
total
-
-
-
30 981
Employee
27 254
-
77 624
-
health
396
-
1 073
-
income
4 908
-
21 527
-
pensions
2 313
-
4 986
-
total
7 617
-
27 586
-
Employer
27 254
-
77 624
-
pensions
2 950
-
9 901
-
health
518
-
1 475
-
total
3 468
-
11 376
-
Corporate
58 279
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.

11 073
16 910
-
-
total
11 073
16 910
-
-
Dividends
47 206
72 090
-
-
withholding
7 179
15 265
-
-
total
7 179
15 265
-
-
Income
89 000
89 000
89 000
89 000
Total tax
29 337
32 175
38 962
30 981
After tax
59 663
56 825
50 038
58 019
Living cost
19 636
19 636
19 636
19 636
Free-cash
40 027
37 189
30 402
38 383

Estimated living cost  is ₴19636 per week

₴14711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
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.
₴3247
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
₴8328
₴22179
₴38572
₴35080
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
city
-
-
-
938
pensions
-
-
-
8 188
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
-
-
-
4 847
health
-
-
-
200
national
-
-
-
2 106
total
-
-
-
18 059
Employee
37 880
-
79 962
-
city
407
-
863
-
regional
1 240
-
4 279
-
health
86
-
180
-
pensions
3 182
-
6 380
-
unemployment
-
-
-
-
national
179
-
1 689
-
total
5 094
-
13 391
-
Employer
37 880
-
79 962
-
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.

757
-
1 600
-
unemployment
-
-
-
-
pensions
3 182
-
6 380
-
health
86
-
180
-
total
4 025
-
8 160
-
Corporate
46 678
89 000
-
-
regional
9 872
18 824
-
-
national
3 968
7 565
-
-
total
13 840
26 389
-
-
Dividends
32 838
62 611
-
-
withholding
11 493
21 914
-
-
total
11 493
21 914
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 452
48 303
21 551
18 059
After tax
54 548
40 697
67 449
70 941
Living cost
32 369
32 369
32 369
32 369
Free-cash
22 179
8 328
35 080
38 572

Estimated living cost  is ₴32369 per week

₴21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
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.
₴8018
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
₴24330
₴31275
₴23996
₴35844
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
trade
-
-
-
11 848
income

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

-
-
-
29 015
health

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

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

-
-
-
2 926
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.

-
-
-
1 595
total
-
-
-
45 384
Employee

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

25 739
-
89 000
-
health

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

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

2 926
-
2 926
-
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.

167
-
1 595
-
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.

3 027
-
29 015
-
total
6 120
-
33 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 261
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.

522
734
-
-
income
9 489
13 350
-
-
trade
10 850
15 264
-
-
chamber of commerce
154
190
-
-
total
21 015
29 538
-
-
Dividends
42 246
59 462
-
-
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.

572
809
-
-
withholding
10 398
14 703
-
-
total
10 970
15 512
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 105
45 050
33 536
45 384
After tax
50 895
43 950
55 464
43 616
Living cost
19 620
19 620
19 620
19 620
Free-cash
31 275
24 330
35 844
23 996

Estimated living cost  is ₴19620 per week

₴14330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
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.
₴3466
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
₴30204
₴32733
₴34685
₴32545
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
-
-
-
15 602
pensions
-
-
-
14 578
other
-
-
-
2 759
health
-
-
-
4 187
surtax
-
-
-
-
social contributions
-
-
-
2 536
total
-
-
-
39 662
Employee
18 330
-
68 207
-
social contributions
523
-
1 943
-
surtax
-
-
-
-
income
1 082
-
14 043
-
pensions
2 073
-
5 022
-
total
3 678
-
21 008
-
Employer
18 330
-
68 207
-
other
632
-
2 780
-
social contributions
55
-
205
-
unemployment
742
-
2 763
-
pensions
3 011
-
8 404
-
health
1 283
-
6 642
-
total
5 723
-
20 794
-
Corporate
64 946
89 000
-
-
surtax
-
-
-
-
income
18 185
24 920
-
-
total
18 185
24 920
-
-
Dividends
46 761
64 080
-
-
surtax
-
-
-
-
social contributions
8 043
11 021
-
-
withholding
5 985
8 202
-
-
total
14 028
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 614
44 143
41 802
39 662
After tax
47 386
44 857
47 198
49 338
Living cost
14 653
14 653
14 653
14 653
Free-cash
32 733
30 204
32 545
34 685

Estimated living cost  is ₴14653 per week

₴9239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
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
₴31656
₴34033
₴36137
₴33997
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
-
-
-
15 602
pensions
-
-
-
14 578
other
-
-
-
2 759
health
-
-
-
4 187
surtax
-
-
-
-
social contributions
-
-
-
2 536
total
-
-
-
39 662
Employee
16 362
-
68 207
-
social contributions
467
-
1 943
-
surtax
-
-
-
-
income
844
-
14 043
-
pensions
1 851
-
5 022
-
total
3 162
-
21 008
-
Employer
16 362
-
68 207
-
other
565
-
2 780
-
social contributions
49
-
205
-
unemployment
662
-
2 763
-
pensions
2 689
-
8 404
-
health
1 145
-
6 642
-
total
5 110
-
20 794
-
Corporate
67 528
89 000
-
-
surtax
-
-
-
-
income
18 908
24 920
-
-
total
18 908
24 920
-
-
Dividends
48 620
64 080
-
-
surtax
-
-
-
-
social contributions
8 363
11 021
-
-
withholding
6 223
8 202
-
-
total
14 586
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 766
44 143
41 802
39 662
After tax
47 234
44 857
47 198
49 338
Living cost
13 201
13 201
13 201
13 201
Free-cash
34 033
31 656
33 997
36 137

Estimated living cost  is ₴13201 per week

₴7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
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
₴45217
₴45438
₴48074
₴45840
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
health
-
-
-
6 212
social contributions
-
-
-
12 282
total
-
-
-
31 844
Employee
14 522
-
89 000
-
social contributions
2 004
-
12 282
-
health
1 014
-
6 212
-
income
2 422
-
15 584
-
total
5 440
-
34 078
-
Employer
14 522
-
89 000
-
total
-
-
-
-
Corporate
74 478
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%.

3 724
4 450
-
-
total
3 724
4 450
-
-
Dividends
70 754
84 550
-
-
health
4 938
5 901
-
-
social contributions
9 765
11 668
-
-
withholding
10 613
12 682
-
-
total
25 316
30 251
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 480
34 701
34 078
31 844
After tax
54 520
54 299
54 922
57 156
Living cost
9 082
9 082
9 082
9 082
Free-cash
45 438
45 217
45 840
48 074

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
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
₴34023
₴33360
₴30621
₴8319
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
chamber of commerce
-
-
-
356
income
-
-
-
27 136
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
85
total
-
-
-
43 288
Employee
21 404
17 068
72 850
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
22 572
-
pensions
2 192
1 747
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 350
31 634
-
Employer
21 404
17 068
72 850
-
accident
278
222
650
-
other
1 017
810
3 266
-
chamber of commerce
85
68
292
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 142
6 279
-
payroll
642
512
2 186
-
health
809
645
1 891
-
total
6 244
4 996
16 150
-
Corporate
61 352
66 935
71 224
-
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.

15 338
16 734
17 806
-
total
15 338
16 734
17 806
-
Dividends
46 014
50 201
-
-
withholding
12 654
13 806
-
-
total
12 654
13 806
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 549
39 886
65 590
43 288
After tax
48 451
49 114
23 410
45 712
Living cost
15 091
15 091
15 091
15 091
Free-cash
33 360
34 023
8 319
30 621

Estimated living cost  is ₴15091 per week

₴10065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3491
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
₴33634
₴27705
₴23057
₴14960
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
national
-
-
-
34 950
communal

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

-
-
-
4 699
social contributions
-
-
-
10 678
total
-
-
-
50 327
Employee

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

30 636
-
68 934
-
communal

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

1 598
-
3 596
-
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.

1 439
-
3 240
-
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.

2 298
-
5 170
-
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.

267
-
600
-
national
9 419
-
25 752
-
total
15 021
-
38 358
-
Employer

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

30 636
-
68 934
-
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.

398
-
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.

447
-
1 006
-
surtax
3 474
-
7 817
-
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.

2 715
-
6 108
-
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.

1 884
-
4 239
-
total
8 918
-
20 066
-
Corporate
49 447
89 000
-
-
surtax
198
370
-
-
income
9 890
18 495
-
-
total
10 088
18 865
-
-
Dividends
39 359
70 135
-
-
withholding

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

11 652
20 885
-
-
total
11 652
20 885
-
-
Income
89 000
89 000
89 000
89 000
Total tax
45 679
39 750
58 424
50 327
After tax
43 321
49 250
30 576
38 673
Living cost
15 616
15 616
15 616
15 616
Free-cash
27 705
33 634
14 960
23 057

Estimated living cost  is ₴15616 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3948
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
₴43694
₴40759
₴34327
₴32530
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
-
-
-
358
income
-
-
-
27 296
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
39 206
Employee
21 319
-
76 345
-
other
21
-
40
-
income
4 498
-
25 826
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 852
-
28 347
-
Employer
21 319
-
76 345
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
60 885
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.

9 133
13 350
-
-
total
9 133
13 350
-
-
Dividends
51 752
75 650
-
-
withholding
10 993
16 489
-
-
total
10 993
16 489
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 774
29 839
41 003
39 206
After tax
56 226
59 161
47 997
49 794
Living cost
15 467
15 467
15 467
15 467
Free-cash
40 759
43 694
32 530
34 327

Estimated living cost  is ₴15467 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2757
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
₴27715
₴21883
₴19210
₴22758
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
-
-
-
750
income
-
-
-
16 135
pensions
-
-
-
13 340
health
-
-
-
6 253
surtax
-
-
-
4 412
communal
-
-
-
5 625
total
-
-
-
46 515
Employee
32 434
-
79 500
-
health
1 443
-
3 538
-
surtax
1 988
-
4 872
-
income
3 133
-
18 697
-
pensions
2 594
-
6 360
-
total
9 158
-
33 467
-
Employer
32 434
-
79 500
-
accident
292
-
715
-
pensions
2 594
-
6 360
-
health
989
-
2 425
-
total
3 875
-
9 500
-
Corporate
52 691
89 000
-
-
surtax
553
935
-
-
communal
3 557
6 007
-
-
income
7 903
13 350
-
-
total
12 013
20 292
-
-
Dividends
40 677
68 708
-
-
income
12 695
7 412
-
-
withholding
6 101
10 306
-
-
total
18 796
17 718
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 842
38 010
42 967
46 515
After tax
45 158
50 990
46 033
42 485
Living cost
23 275
23 275
23 275
23 275
Free-cash
21 883
27 715
22 758
19 210

Estimated living cost  is ₴23275 per week

₴17460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
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.
₴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 Source

Source of data for Luxembourg model

Close
Athens , Greece
₴46361
₴44998
₴32317
₴29698
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
-
-
-
27 021
pensions
-
-
-
11 432
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 454
total
-
-
-
47 063
Employee
14 423
-
76 968
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
3 942
-
income
2 418
-
24 459
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 978
-
total
4 803
-
37 649
-
Employer
14 423
-
76 968
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
71 540
89 000
-
-
income
18 601
23 140
-
-
total
18 601
23 140
-
-
Dividends
52 939
65 860
-
-
withholding
7 941
9 879
-
-
total
7 941
9 879
-
-
Income
89 000
89 000
89 000
89 000
Total tax
34 382
33 019
49 682
47 063
After tax
54 618
55 981
39 318
41 937
Living cost
9 620
9 620
9 620
9 620
Free-cash
44 998
46 361
29 698
32 317

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2753
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
₴35244
₴34293
₴30613
₴27000
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
municipal
-
-
-
540
regional
-
-
-
1 372
national
-
-
-
23 502
social contributions
-
-
-
21 436
total
-
-
-
46 850
Employee
23 758
-
89 000
-
social contributions
8 011
-
28 103
-
regional
320
-
1 237
-
municipal
126
-
487
-
national
3 764
-
20 636
-
total
12 221
-
50 463
-
Employer
23 758
-
89 000
-
total
-
-
-
-
Corporate
65 242
89 000
-
-
nationa
15 658
21 360
-
-
municipal
3 243
4 423
-
-
total
18 901
25 783
-
-
Dividends
46 341
63 217
-
-
withholding
12 048
16 436
-
-
total
12 048
16 436
-
-
Income
89 000
89 000
89 000
89 000
Total tax
43 170
42 219
50 463
46 850
After tax
45 830
46 781
38 537
42 150
Living cost
11 537
11 537
11 537
11 537
Free-cash
34 293
35 244
27 000
30 613

Estimated living cost  is ₴11537 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴2996
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
₴48637
₴44129
₴39435
₴35605
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
-
-
-
9 334
health
-
-
-
12 015
solidarity contribution
-
-
-
818
social contributions
-
-
-
14 759
total
-
-
-
36 926
Employee
18 587
-
70 058
-
social contributions
1 208
-
3 285
-
health
2 509
-
9 458
-
solidarity contribution
-
-
474
-
income
2 230
-
8 597
-
total
5 947
-
21 814
-
Employer
18 587
-
70 058
-
social contributions
4 647
-
12 637
-
health
1 673
-
6 305
-
total
6 320
-
18 942
-
Corporate
64 093
89 000
-
-
income
12 178
16 910
-
-
total
12 178
16 910
-
-
Dividends
51 915
72 090
-
-
withholding
7 787
10 814
-
-
total
7 787
10 814
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 232
27 724
40 756
36 926
After tax
56 768
61 276
48 244
52 074
Living cost
12 639
12 639
12 639
12 639
Free-cash
44 129
48 637
35 605
39 435

Estimated living cost  is ₴12639 per week

₴9399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
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
₴35497
₴35282
₴32133
₴9768
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
chamber of commerce
-
-
-
356
income
-
-
-
27 136
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
-
total
-
-
-
43 203
Employee
18 722
17 068
72 929
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
22 610
-
pensions
1 917
1 747
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 350
31 672
-
Employer
18 722
17 068
72 929
-
accident
243
222
650
-
other
889
810
3 269
-
chamber of commerce
75
68
292
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 142
6 279
-
payroll
562
512
2 188
-
health
708
645
1 891
-
total
5 389
4 911
16 070
-
Corporate
64 890
67 020
71 304
-
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.

16 223
16 755
17 826
-
total
16 223
16 755
17 826
-
Dividends
48 668
50 265
-
-
withholding
13 384
13 823
-
-
total
13 384
13 823
-
-
Income
89 000
89 000
89 000
89 000
Total tax
40 054
39 839
65 568
43 203
After tax
48 946
49 161
23 432
45 797
Living cost
13 664
13 664
13 664
13 664
Free-cash
35 282
35 497
9 768
32 133

Estimated living cost  is ₴13664 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
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
₴78545
₴77419
₴82105
₴65195
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
7 506
-
89 000
-
income
1 501
-
17 800
-
total
1 501
-
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%.

81 494
89 000
-
-
total
-
-
-
-
Dividends
81 494
89 000
-
-
withholding
4 075
4 450
-
-
total
4 075
4 450
-
-
Income
89 000
89 000
89 000
89 000
Total tax
5 576
4 450
17 800
890
After tax
83 424
84 550
71 200
88 110
Living cost
6 005
6 005
6 005
6 005
Free-cash
77 419
78 545
65 195
82 105

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
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
₴49788
₴46207
₴30608
₴28675
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
-
-
-
21 760
pensions
-
-
-
16 254
unemployment
-
-
-
133
health
-
-
-
8 757
total
-
-
-
46 904
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.

18 939
-
77 009
-
health
1 223
-
4 975
-
income
3 266
-
19 828
-
pensions
2 936
-
11 936
-
unemployment
27
-
108
-
total
7 452
-
36 847
-
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.

18 939
-
77 009
-
unemployment
11
-
46
-
pensions
1 676
-
6 815
-
health
1 261
-
5 129
-
total
2 948
-
11 990
-
Corporate
67 112
89 000
-
-
income
12 751
16 910
-
-
total
12 751
16 910
-
-
Dividends
54 361
72 090
-
-
withholding
8 154
10 814
-
-
total
8 154
10 814
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 305
27 724
48 837
46 904
After tax
57 695
61 276
40 163
42 096
Living cost
11 488
11 488
11 488
11 488
Free-cash
46 207
49 788
28 675
30 608

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2646
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
₴35658
₴15275
₴43016
₴64872
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
26 512
-
-
-
social contributions
2 174
-
310
-
income
5 848
-
-
-
total
8 022
-
310
-
Employer
26 512
-
-
-
social contributions
37 382
-
5 328
-
total
37 382
-
5 328
-
Corporate
25 106
89 000
-
-
income
5 523
19 580
-
-
total
5 523
19 580
-
-
Dividends
19 583
69 420
-
-
income
4 308
15 272
-
-
total
4 308
15 272
-
-
Income
89 000
89 000
89 000
89 000
Total tax
55 235
34 852
5 638
27 494
After tax
33 765
54 148
83 362
61 506
Living cost
18 490
18 490
18 490
18 490
Free-cash
15 275
35 658
64 872
43 016

Estimated living cost  is ₴18490 per week

₴11997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4518
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
₴37189
₴36758
₴33360
₴26612
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
-
-
-
11 279
surtax
-
-
-
-
social contributions

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

-
-
-
30 927
total
-
-
-
42 206
Employee
19 698
-
71 919
-
social contributions
2 167
-
7 911
-
surtax
-
-
-
-
income
4 097
-
23 962
-
total
6 264
-
31 873
-
Employer
19 698
-
71 919
-
social contributions
4 678
-
17 081
-
total
4 678
-
17 081
-
Corporate
64 624
89 000
-
-
surtax
-
-
-
-
income
13 571
18 690
-
-
total
13 571
18 690
-
-
Dividends
51 053
70 310
-
-
withholding
14 295
19 687
-
-
total
14 295
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 808
38 377
48 954
42 206
After tax
50 192
50 623
40 046
46 794
Living cost
13 434
13 434
13 434
13 434
Free-cash
36 758
37 189
26 612
33 360

Estimated living cost  is ₴13434 per week

₴10051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2366
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
₴24171
₴27114
₴28652
₴26512
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
-
-
-
15 602
pensions
-
-
-
14 578
other
-
-
-
2 759
health
-
-
-
4 187
surtax
-
-
-
-
social contributions
-
-
-
2 536
total
-
-
-
39 662
Employee
26 825
-
68 207
-
social contributions
764
-
1 943
-
surtax
-
-
-
-
income
2 341
-
14 043
-
pensions
3 034
-
5 022
-
total
6 139
-
21 008
-
Employer
26 825
-
68 207
-
other
926
-
2 780
-
social contributions
80
-
205
-
unemployment
1 087
-
2 763
-
pensions
4 408
-
8 404
-
health
1 877
-
6 642
-
total
8 378
-
20 794
-
Corporate
53 797
89 000
-
-
surtax
-
-
-
-
income
15 063
24 920
-
-
total
15 063
24 920
-
-
Dividends
38 735
64 080
-
-
surtax
-
-
-
-
social contributions
6 662
11 021
-
-
withholding
4 958
8 202
-
-
total
11 620
19 223
-
-
Income
89 000
89 000
89 000
89 000
Total tax
41 200
44 143
41 802
39 662
After tax
47 800
44 857
47 198
49 338
Living cost
20 686
20 686
20 686
20 686
Free-cash
27 114
24 171
26 512
28 652

Estimated living cost  is ₴20686 per week

₴14000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
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.
₴4710
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
₴67226
₴65787
₴52206
₴54570
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
-
-
-
4 341
social contributions
-
-
-
19 579
total
-
-
-
23 920
Employee
13 769
-
77 056
-
income
-
-
4 604
-
social contributions
895
-
5 008
-
total
895
-
9 612
-
Employer
13 769
-
77 056
-
social contributions
2 134
-
11 944
-
total
2 134
-
11 944
-
Corporate
73 097
89 000
-
-
income
7 310
8 900
-
-
total
7 310
8 900
-
-
Dividends
65 787
80 100
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
10 339
8 900
21 556
23 920
After tax
78 661
80 100
67 444
65 080
Living cost
12 874
12 874
12 874
12 874
Free-cash
65 787
67 226
54 570
52 206

Estimated living cost  is ₴12874 per week

₴8324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
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.
₴3337
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
-₴4355
-₴4355
₴31074
-₴4355
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
municipal
-
-
-
18 941
pensions
-
-
-
371
national
-
-
-
10 889
labour market
-
-
-
7 090
total
-
-
-
37 291
Employee
87 097
87 097
87 097
-
labour market
6 958
6 958
6 958
-
national
10 640
10 640
10 640
-
municipal
18 547
18 547
18 547
-
pensions
124
124
124
-
total
36 269
36 269
36 269
-
Employer
87 097
87 097
87 097
-
labour market
6 968
6 968
6 968
-
municipal
18 576
18 576
18 576
-
pensions
248
248
248
-
national
10 659
10 659
10 659
-
total
36 451
36 451
36 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 000
89 000
89 000
89 000
Total tax
72 720
72 720
72 720
37 291
After tax
16 280
16 280
16 280
51 709
Living cost
20 635
20 635
20 635
20 635
Free-cash
-4 355
-4 355
-4 355
31 074

Estimated living cost  is ₴20635 per week

₴14123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4369
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
-₴2020
₴5793
₴51560
₴39607
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
-
-
-
108
income
-
-
-
25 244
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
28 211
Employee
14 518
-
80 973
-
health
1 662
-
9 271
-
income
1 992
-
19 618
-
pensions
1 635
-
3 248
-
total
5 289
-
32 137
-
Employer
14 518
-
80 973
-
accident
242
-
1 352
-
unemployment
356
-
1 984
-
pensions
2 361
-
4 691
-
total
2 959
-
8 027
-
Corporate
71 523
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.

64 371
80 100
-
-
total
64 371
80 100
-
-
Dividends
7 152
8 900
-
-
withholding
1 359
1 691
-
-
total
1 359
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
73 978
81 791
40 164
28 211
After tax
15 022
7 209
48 836
60 789
Living cost
9 229
9 229
9 229
9 229
Free-cash
5 793
-2 020
39 607
51 560

Estimated living cost  is ₴9229 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
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.
₴1812
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
₴38484
₴39808
₴38991
₴28797
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
municipal
-
-
-
15 806
health
-
-
-
1 192
national
-
-
-
16 568
total
-
-
-
33 566
Employee
22 533
-
74 872
-
health
168
-
974
-
municipal
3 691
-
12 190
-
pensions
1 521
-
5 054
-
unemployment
338
-
1 123
-
national
372
-
10 291
-
total
6 090
-
29 632
-
Employer
22 533
-
74 872
-
accident
23
-
75
-
unemployment
146
-
487
-
pensions
3 909
-
12 990
-
health
173
-
576
-
total
4 251
-
14 128
-
Corporate
62 215
89 000
-
-
income
12 443
17 800
-
-
total
12 443
17 800
-
-
Dividends

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

37 329
53 400
-
-
national
3 246
6 661
-
-
municipal
6 719
9 612
-
-
total
9 965
16 273
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 749
34 073
43 760
33 566
After tax
56 251
54 927
45 240
55 434
Living cost
16 443
16 443
16 443
16 443
Free-cash
39 808
38 484
28 797
38 991

Estimated living cost  is ₴16443 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3860
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
₴54966
₴52637
₴50237
₴49490
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
-
-
-
19 648
health
-
-
-
2 269
social contributions
-
-
-
6 930
total
-
-
-
28 847
Employee
32 933
32 933
83 763
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 424
-
income
3 586
3 049
19 246
-
total
5 086
6 342
24 357
-
Employer
32 933
32 933
83 763
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 550
-
total
1 522
3 343
5 237
-
Corporate
72 475
52 724
-
-
income
9 059
6 591
-
-
total
9 059
6 591
-
-
Dividends
63 416
46 133
-
-
withholding
10 780
7 842
-
-
total
10 780
7 842
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 447
24 118
29 594
28 847
After tax
62 553
64 882
59 406
60 153
Living cost
9 916
9 916
9 916
9 916
Free-cash
52 637
54 966
49 490
50 237

Estimated living cost  is ₴9916 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2781
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
₴66901
₴64722
₴68747
₴60156
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
-
-
-
9 167
pensions
-
-
-
2 724
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
13 453
Employee

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

9 831
-
84 814
-
health
836
-
3 454
-
income
672
-
8 106
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
17 859
-
Employer

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

9 831
-
84 814
-
unemployment
49
-
203
-
pensions
540
-
2 235
-
health
423
-
1 747
-
total
1 012
-
4 185
-
Corporate
78 157
89 000
-
-
income
7 034
8 010
-
-
total
7 034
8 010
-
-
Dividends
71 123
80 990
-
-
withholding
6 401
7 289
-
-
total
6 401
7 289
-
-
Income
89 000
89 000
89 000
89 000
Total tax
17 478
15 299
22 044
13 453
After tax
71 522
73 701
66 956
75 547
Living cost
6 800
6 800
6 800
6 800
Free-cash
64 722
66 901
60 156
68 747

Estimated living cost  is ₴6800 per week

₴4339
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.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
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
₴47384
₴45494
₴38017
₴36220
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
-
-
-
358
income
-
-
-
27 296
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
39 206
Employee
15 836
-
76 345
-
other
15
-
40
-
income
3 053
-
25 826
-
pensions
744
-
1 866
-
unemployment
245
-
615
-
total
4 057
-
28 347
-
Employer
15 836
-
76 345
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
68 115
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.

10 217
13 350
-
-
total
10 217
13 350
-
-
Dividends
57 898
75 650
-
-
withholding
12 406
16 489
-
-
total
12 406
16 489
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 729
29 839
41 003
39 206
After tax
57 271
59 161
47 997
49 794
Living cost
11 777
11 777
11 777
11 777
Free-cash
45 494
47 384
36 220
38 017

Estimated living cost  is ₴11777 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2489
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
₴54366
₴54173
₴55993
₴55911
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
-
-
-
30 365
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
31 837
Employee
1 782
-
88 040
-
health
89
-
213
-
income
345
-
30 320
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
30 960
-
Employer
1 782
-
88 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
86 817
89 000
-
-
income
19 100
19 580
-
-
total
19 100
19 580
-
-
Dividends
67 718
69 420
-
-
withholding
13 544
13 884
-
-
total
13 544
13 884
-
-
Income
89 000
89 000
89 000
89 000
Total tax
33 657
33 464
31 919
31 837
After tax
55 343
55 536
57 081
57 163
Living cost
1 170
1 170
1 170
1 170
Free-cash
54 173
54 366
55 911
55 993

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴353
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
₴56894
₴54787
₴49165
₴49166
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
-
-
-
20 461
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
32 427
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.

11 170
-
83 334
-
health
575
-
1 630
-
income
1 540
-
20 461
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
26 760
-
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.

11 170
-
83 334
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
75 830
89 000
-
-
income
11 375
13 350
-
-
total
11 375
13 350
-
-
Dividends
64 456
75 650
-
-
withholding
9 668
11 348
-
-
total
9 668
11 348
-
-
Income
89 000
89 000
89 000
89 000
Total tax
26 805
24 698
32 426
32 427
After tax
62 195
64 302
56 574
56 573
Living cost
7 408
7 408
7 408
7 408
Free-cash
54 787
56 894
49 166
49 165

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴1633
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
₴39077
₴38922
₴35248
₴28500
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
-
-
-
11 279
surtax
-
-
-
-
social contributions

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

-
-
-
30 927
total
-
-
-
42 206
Employee
16 623
-
71 919
-
social contributions
1 829
-
7 911
-
surtax
-
-
-
-
income
3 248
-
23 962
-
total
5 077
-
31 873
-
Employer
16 623
-
71 919
-
social contributions
3 948
-
17 081
-
total
3 948
-
17 081
-
Corporate
68 430
89 000
-
-
surtax
-
-
-
-
income
14 370
18 690
-
-
total
14 370
18 690
-
-
Dividends
54 059
70 310
-
-
withholding
15 137
19 687
-
-
total
15 137
19 687
-
-
Income
89 000
89 000
89 000
89 000
Total tax
38 532
38 377
48 954
42 206
After tax
50 468
50 623
40 046
46 794
Living cost
11 546
11 546
11 546
11 546
Free-cash
38 922
39 077
28 500
35 248

Estimated living cost  is ₴11546 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2362
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
₴44109
₴41307
₴34742
₴32945
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
-
-
-
358
income
-
-
-
27 296
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
39 206
Employee
20 684
-
76 345
-
other
20
-
40
-
income
4 320
-
25 826
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 632
-
28 347
-
Employer
20 684
-
76 345
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 881
-
9 369
-
total
6 595
-
12 656
-
Corporate
61 721
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.

9 258
13 350
-
-
total
9 258
13 350
-
-
Dividends
52 463
75 650
-
-
withholding
11 156
16 489
-
-
total
11 156
16 489
-
-
Income
89 000
89 000
89 000
89 000
Total tax
32 641
29 839
41 003
39 206
After tax
56 359
59 161
47 997
49 794
Living cost
15 052
15 052
15 052
15 052
Free-cash
41 307
44 109
32 945
34 742

Estimated living cost  is ₴15052 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴68723
₴66111
₴64280
₴67916
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 348
Employee
9 762
-
86 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
8 606
-
pensions

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

857
-
1 314
-
total
2 389
-
10 774
-
Employer
9 762
-
86 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
77 322
89 000
-
-
income
7 732
8 900
-
-
total
7 732
8 900
-
-
Dividends
69 590
80 100
-
-
withholding
3 480
4 005
-
-
total
3 480
4 005
-
-
Income
89 000
89 000
89 000
89 000
Total tax
15 517
12 905
13 712
17 348
After tax
73 483
76 095
75 288
71 652
Living cost
7 372
7 372
7 372
7 372
Free-cash
66 111
68 723
67 916
64 280

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴1899
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
₴29245
₴34850
₴29015
₴38929
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
trade
-
-
-
9 914
income

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

-
-
-
29 015
health

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

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

-
-
-
2 926
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.

-
-
-
1 595
total
-
-
-
43 450
Employee

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

21 310
-
89 000
-
health

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

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

2 926
-
2 926
-
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.

97
-
1 595
-
income

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

1 752
-
29 015
-
total
4 775
-
33 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 690
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.

558
734
-
-
income
10 154
13 350
-
-
trade
9 713
12 772
-
-
chamber of commerce
164
196
-
-
total
20 589
27 052
-
-
Dividends
47 100
61 948
-
-
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.

639
843
-
-
withholding
11 612
15 325
-
-
total
12 251
16 168
-
-
Income
89 000
89 000
89 000
89 000
Total tax
37 615
43 220
33 536
43 450
After tax
51 385
45 780
55 464
45 550
Living cost
16 535
16 535
16 535
16 535
Free-cash
34 850
29 245
38 929
29 015

Estimated living cost  is ₴16535 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
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.
₴3110
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
₴37903
₴38849
₴20920
₴20920
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
-
-
-
28 521
social contributions
-
-
-
15 162
total
-
-
-
43 683
Employee
33 502
-
89 000
-
income
6 322
-
28 521
-
social contributions
2 783
-
15 162
-
total
9 105
-
43 683
-
Employer
33 502
-
89 000
-
total
-
-
-
-
Corporate
55 498
89 000
-
-
income
6 937
11 125
-
-
total
6 937
11 125
-
-
Dividends
48 561
77 875
-
-
withholding
9 712
15 575
-
-
total
9 712
15 575
-
-
Income
89 000
89 000
89 000
89 000
Total tax
25 754
26 700
43 683
43 683
After tax
63 246
62 300
45 317
45 317
Living cost
24 397
24 397
24 397
24 397
Free-cash
38 849
37 903
20 920
20 920

Estimated living cost  is ₴24397 per week

₴18561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3615
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
₴40040
₴41535
₴57242
₴46907
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
-
-
-
13 350
health

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

-
-
-
2 861
total
-
-
-
16 211
Employee
19 647
-
87 030
-
income
2 132
-
22 606
-
social contributions
1 969
-
1 970
-
total
4 101
-
24 576
-
Employer
19 647
-
87 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
67 384
89 000
-
-
income
23 585
31 150
-
-
total
23 585
31 150
-
-
Dividends
43 799
57 850
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
89 000
89 000
89 000
89 000
Total tax
31 918
33 413
26 546
16 211
After tax
57 082
55 587
62 454
72 789
Living cost
15 547
15 547
15 547
15 547
Free-cash
41 535
40 040
46 907
57 242

Estimated living cost  is ₴15547 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
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.
₴3842
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
₴40861
₴43406
₴42055
₴34074
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
-
-
-
26 848
pensions
-
-
-
4 133
total
-
-
-
30 981
Employee
21 912
-
77 624
-
health
286
-
1 073
-
income
3 990
-
21 527
-
pensions
1 672
-
4 986
-
total
5 948
-
27 586
-
Employer
21 912
-
77 624
-
pensions
2 214
-
9 901
-
health
416
-
1 475
-
total
2 630
-
11 376
-
Corporate
64 457
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.

12 247
16 910
-
-
total
12 247
16 910
-
-
Dividends
52 211
72 090
-
-
withholding
8 805
15 265
-
-
total
8 805
15 265
-
-
Income
89 000
89 000
89 000
89 000
Total tax
29 630
32 175
38 962
30 981
After tax
59 370
56 825
50 038
58 019
Living cost
15 964
15 964
15 964
15 964
Free-cash
43 406
40 861
34 074
42 055

Estimated living cost  is ₴15964 per week

₴10951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴3344
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
-₴2934
₴5653
₴50646
₴38693
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
-
-
-
108
income
-
-
-
25 244
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
28 211
Employee
15 955
-
80 973
-
health
1 827
-
9 271
-
income
2 189
-
19 618
-
pensions
1 797
-
3 248
-
total
5 813
-
32 137
-
Employer
15 955
-
80 973
-
accident
266
-
1 352
-
unemployment
391
-
1 984
-
pensions
2 594
-
4 691
-
total
3 251
-
8 027
-
Corporate
69 793
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.

62 814
80 100
-
-
total
62 814
80 100
-
-
Dividends
6 979
8 900
-
-
withholding
1 326
1 691
-
-
total
1 326
1 691
-
-
Income
89 000
89 000
89 000
89 000
Total tax
73 204
81 791
40 164
28 211
After tax
15 796
7 209
48 836
60 789
Living cost
10 143
10 143
10 143
10 143
Free-cash
5 653
-2 934
38 693
50 646

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
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.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴62300
₴61005
₴49500
₴58918
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
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
14 879
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
33 715
Employee

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

9 257
-
89 000
-
work injury
46
-
171
-
income
926
-
14 879
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
24 297
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 743
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%.

7 974
8 900
-
-
total
7 974
8 900
-
-
Dividends
71 769
80 100
-
-
withholding
10 765
12 015
-
-
total
10 765
12 015
-
-
Income
89 000
89 000
89 000
89 000
Total tax
22 210
20 915
24 297
33 715
After tax
66 790
68 085
64 703
55 285
Living cost
5 785
5 785
5 785
5 785
Free-cash
61 005
62 300
58 918
49 500

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1600
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
₴29817
₴27869
₴24285
₴20766
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
municipal
-
-
-
608
regional
-
-
-
2 107
national
-
-
-
23 502
social contributions
-
-
-
21 436
total
-
-
-
47 653
Employee
36 090
-
89 000
-
social contributions
12 169
-
28 103
-
regional
545
-
1 885
-
municipal
215
-
548
-
national
6 099
-
20 636
-
total
19 028
-
51 172
-
Employer
36 090
-
89 000
-
total
-
-
-
-
Corporate
52 910
89 000
-
-
nationa
12 699
21 360
-
-
municipal
2 550
4 290
-
-
total
15 249
25 650
-
-
Dividends
37 661
63 350
-
-
withholding
9 792
16 471
-
-
total
9 792
16 471
-
-
Income
89 000
89 000
89 000
89 000
Total tax
44 069
42 121
51 172
47 653
After tax
44 931
46 879
37 828
41 347
Living cost
17 062
17 062
17 062
17 062
Free-cash
27 869
29 817
20 766
24 285

Estimated living cost  is ₴17062 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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