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
₴ 89500
per

Your estimated
City
free-cash

Dresden , Germany
₴30185
₴41691
₴31209
₴35646
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.

-
-
-
89 500
income

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

-
-
-
27 948
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.

-
-
-
1 537
health

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

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

-
-
-
3 372
trade
-
-
-
10 482
total
-
-
-
43 339
Employee

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

18 881
-
89 500
-
surtax

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

29
-
1 537
-
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.

527
-
27 948
-
health

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

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

3 372
-
3 372
-
total
3 928
-
32 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 619
89 500
-
-
income
10 593
13 425
-
-
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.

583
738
-
-
chamber of commerce
176
203
-
-
trade
11 122
14 096
-
-
total
22 474
28 462
-
-
Dividends
48 144
61 038
-
-
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.

652
829
-
-
withholding
11 848
15 072
-
-
total
12 500
15 901
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 902
44 363
32 857
43 339
After tax
50 598
45 137
56 643
46 161
Living cost
14 952
14 952
14 952
14 952
Free-cash
35 646
30 185
41 691
31 209

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3524
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
₴29633
₴27194
₴26614
₴29197
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
-
-
-
89 500
social contributions
-
-
-
962
municipal
-
-
-
9 793
national
-
-
-
15 176
pensions
-
-
-
10 740
total
-
-
-
36 671
Employee
40 639
-
77 372
-
municipal
5 020
-
10 140
-
pensions
1 626
-
3 095
-
national
7 778
-
15 834
-
total
14 424
-
29 069
-
Employer
40 639
-
77 372
-
pensions
3 251
-
6 190
-
social contributions
437
-
832
-
total
3 688
-
7 022
-
Corporate
42 491
89 500
-
-
income

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

8 498
17 900
-
-
total
8 498
17 900
-
-
Dividends
33 993
71 600
-
-
withholding
7 478
15 752
-
-
total
7 478
15 752
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 088
33 652
36 091
36 671
After tax
55 412
55 848
53 409
52 829
Living cost
26 215
26 215
26 215
26 215
Free-cash
29 197
29 633
27 194
26 614

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴61330
₴27508
₴20834
₴57280
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.

-
-
-
89 500
income
-
-
-
16 660
surtax
-
-
-
22 822
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.

-
-
-
18 914
microenterprise
-
-
-
-
total
-
-
-
58 396
Employee
14 425
-
67 862
-
surtax
-
-
9 840
-
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.

1 587
-
6 471
-
income
2 568
-
13 773
-
total
4 155
-
30 084
-
Employer
14 425
-
67 862
-
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.

3 475
-
14 173
-
surtax
-
-
7 465
-
total
3 475
-
21 638
-
Corporate
71 601
89 500
-
-
income

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

14 320
17 900
-
-
total
14 320
17 900
-
-
Dividends

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

57 281
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
21 950
17 900
51 722
58 396
After tax
67 550
71 600
37 778
31 104
Living cost
10 270
10 270
10 270
10 270
Free-cash
57 280
61 330
27 508
20 834

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
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.
₴2507
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
₴23668
₴35514
₴28554
₴20645
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
-
-
-
89 500
income
-
-
-
28 395
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
40 266
Employee
42 155
42 155
80 326
-
pensions
7 588
5 784
5 784
-
income

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

6 900
6 900
12 261
-
health
6 470
5 504
6 087
-
total
20 958
18 188
24 132
-
Employer
42 155
42 155
80 326
-
health
2 930
2 930
3 641
-
pensions
2 934
2 934
3 647
-
unemployment
1 518
1 518
1 886
-
total
7 382
7 382
9 174
-
Corporate
40 480
39 963
-
-
income
8 096
7 993
-
-
total
8 096
7 993
-
-
Dividends
32 384
31 970
-
-
income
6 882
6 794
-
-
withholding
4 857
4 795
-
-
total
11 739
11 589
-
-
Income
89 500
89 500
89 500
89 500
Total tax
48 175
45 152
33 306
40 266
After tax
41 325
44 348
56 194
49 234
Living cost
20 680
20 680
20 680
20 680
Free-cash
20 645
23 668
35 514
28 554

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
₴28642
₴25228
₴25718
₴28187
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
-
-
-
89 500
accident
-
-
-
89
other
-
-
-
5 151
unemployment
-
-
-
44
health
-
-
-
2 766
municipal
-
-
-
22 860
national
-
-
-
7 855
pensions
-
-
-
4 792
total
-
-
-
43 557
Employee
28 819
-
75 573
-
municipal
8 594
-
22 536
-
national
-
-
7 583
-
total
8 594
-
30 119
-
Employer
28 819
-
75 573
-
health
1 772
-
2 726
-
pensions
3 115
-
4 792
-
accident
58
-
89
-
unemployment
761
-
1 170
-
other
3 349
-
5 151
-
total
9 055
-
13 928
-
Corporate
51 626
89 500
-
-
income
11 358
19 690
-
-
total
11 358
19 690
-
-
Dividends
40 269
69 810
-
-
withholding
12 081
20 943
-
-
total
12 081
20 943
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 088
40 633
44 047
43 557
After tax
48 412
48 867
45 453
45 943
Living cost
20 225
20 225
20 225
20 225
Free-cash
28 187
28 642
25 228
25 718

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4529
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
₴25282
₴37250
₴26303
₴32220
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.

-
-
-
89 500
income

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

-
-
-
27 948
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.

-
-
-
1 537
health

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

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

-
-
-
3 372
trade
-
-
-
10 947
total
-
-
-
43 804
Employee

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

25 034
-
89 500
-
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.

118
-
1 537
-
income

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

2 151
-
27 948
-
health

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

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

3 372
-
3 372
-
total
5 641
-
32 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 466
89 500
-
-
income
9 670
13 425
-
-
surtax

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

532
738
-
-
chamber of commerce
167
202
-
-
trade
10 604
14 723
-
-
total
20 973
29 088
-
-
Dividends
43 493
60 412
-
-
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.

587
821
-
-
withholding
10 686
14 916
-
-
total
11 273
15 737
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 887
44 825
32 857
43 804
After tax
51 613
44 675
56 643
45 696
Living cost
19 393
19 393
19 393
19 393
Free-cash
32 220
25 282
37 250
26 303

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4088
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
₴49273
₴44255
₴45035
₴47223
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
-
-
-
89 500
income
-
-
-
18 185
social contributions
-
-
-
7 987
health
-
-
-
2 282
total
-
-
-
28 454
Employee
37 959
37 959
83 702
-
social contributions
1 845
3 150
4 249
-
income
3 986
3 514
17 764
-
health
378
645
1 423
-
total
6 209
7 309
23 436
-
Employer
37 959
37 959
83 702
-
health
411
703
1 549
-
social contributions
1 845
3 150
4 249
-
total
2 256
3 853
5 798
-
Corporate
65 025
47 688
-
-
income
8 129
5 961
-
-
total
8 129
5 961
-
-
Dividends
56 896
41 727
-
-
withholding
9 672
7 093
-
-
total
9 672
7 093
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 266
24 216
29 234
28 454
After tax
63 234
65 284
60 266
61 046
Living cost
16 011
16 011
16 011
16 011
Free-cash
47 223
49 273
44 255
45 035

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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

Source of data for Limassol model

Close
Budapest , Hungary
₴41216
₴42825
₴52943
₴41402
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
-
-
-
89 500
income
-
-
-
10 941
unemployment
-
-
-
1 343
health
-
-
-
6 265
pensions
-
-
-
8 950
total
-
-
-
27 499
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.

13 076
5 204
74 895
-
unemployment
196
78
1 123
-
pensions
1 308
520
7 490
-
income
1 599
636
9 156
-
health
915
364
5 243
-
total
4 018
1 598
23 012
-
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.

13 076
5 204
74 895
-
pensions
2 550
1 015
14 605
-
total
2 550
1 015
14 605
-
Corporate
73 874
83 281
-
-
income
6 649
7 495
-
-
total
6 649
7 495
-
-
Dividends
67 226
75 786
-
-
social contributions
13 050
14 719
-
-
withholding
12 773
14 399
-
-
total
25 823
29 118
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 040
39 226
37 617
27 499
After tax
50 460
50 274
51 883
62 001
Living cost
9 058
9 058
9 058
9 058
Free-cash
41 402
41 216
42 825
52 943

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴1955
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
₴59677
₴39663
₴36049
₴56611
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
-
-
-
89 500
income
-
-
-
11 993
health
-
-
-
11 635
pensions
-
-
-
17 900
total
-
-
-
41 528
Employee
14 004
-
66 891
-
unemployment
224
-
1 070
-
pensions
280
-
1 338
-
income
1 577
-
12 897
-
total
2 081
-
15 305
-
Employer
14 004
-
66 891
-
health
1 820
-
8 696
-
pensions
2 801
-
13 378
-
unemployment
112
-
535
-
total
4 733
-
22 609
-
Corporate
70 762
89 500
-
-
income
14 152
17 900
-
-
total
14 152
17 900
-
-
Dividends
56 610
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
20 966
17 900
37 914
41 528
After tax
68 534
71 600
51 586
47 972
Living cost
11 923
11 923
11 923
11 923
Free-cash
56 611
59 677
39 663
36 049

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
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.
₴2795
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
-₴3746
₴37670
₴50183
₴5563
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
-
-
-
89 500
accident
-
-
-
126
income
-
-
-
24 842
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
28 322
Employee
17 295
-
80 670
-
pensions
1 947
-
3 813
-
income
2 373
-
18 955
-
health
1 980
-
9 237
-
total
6 300
-
32 005
-
Employer
17 295
-
80 670
-
pensions
2 812
-
5 506
-
accident
289
-
1 347
-
unemployment
424
-
1 977
-
total
3 525
-
8 830
-
Corporate
68 680
89 500
-
-
income

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

61 812
80 550
-
-
total
61 812
80 550
-
-
Dividends
6 868
8 950
-
-
withholding
1 305
1 701
-
-
total
1 305
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
72 942
82 251
40 835
28 322
After tax
16 558
7 249
48 665
61 178
Living cost
10 995
10 995
10 995
10 995
Free-cash
5 563
-3 746
37 670
50 183

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2098
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
₴81030
₴67605
₴84610
₴80281
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%.

-
-
-
89 500
microenterprise

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

-
-
-
895
total
-
-
-
895
Employee
4 994
-
89 500
-
income
999
-
17 900
-
total
999
-
17 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 506
89 500
-
-
total
-
-
-
-
Dividends
84 506
89 500
-
-
withholding
4 225
4 475
-
-
total
4 225
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
5 224
4 475
17 900
895
After tax
84 276
85 025
71 600
88 605
Living cost
3 995
3 995
3 995
3 995
Free-cash
80 281
81 030
67 605
84 610

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1077
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
₴52602
₴37512
₴37397
₴49267
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
-
-
-
89 500
income
-
-
-
14 065
other
-
-
-
3 565
health
-
-
-
3 303
pensions

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

-
-
-
18 016
total
-
-
-
38 949
Employee
17 924
-
71 486
-
unemployment
179
-
715
-
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.

1 254
-
5 003
-
income
3 086
-
14 103
-
health
251
-
1 000
-
total
4 770
-
20 821
-
Employer
17 924
-
71 486
-
health
251
-
1 000
-
pensions

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

3 047
-
12 152
-
accident
143
-
571
-
unemployment
179
-
715
-
other
897
-
3 575
-
total
4 517
-
18 013
-
Corporate
67 059
89 500
-
-
income
14 083
18 795
-
-
total
14 083
18 795
-
-
Dividends
52 976
70 705
-
-
withholding
3 709
4 949
-
-
total
3 709
4 949
-
-
Income
89 500
89 500
89 500
89 500
Total tax
27 079
23 744
38 834
38 949
After tax
62 421
65 756
50 666
50 551
Living cost
13 154
13 154
13 154
13 154
Free-cash
49 267
52 602
37 512
37 397

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
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.
₴2760
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
₴25439
₴18219
₴26303
₴27503
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
-
-
-
89 500
income
-
-
-
25 905
pensions
-
-
-
4 476
total
-
-
-
30 381
Employee
46 430
-
78 156
-
pensions
4 479
-
5 483
-
income
8 369
-
20 516
-
health
765
-
1 121
-
total
13 613
-
27 120
-
Employer
46 430
-
78 156
-
health
882
-
1 485
-
pensions
5 482
-
9 860
-
total
6 364
-
11 345
-
Corporate
36 706
89 500
-
-
income

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

6 974
17 005
-
-
total
6 974
17 005
-
-
Dividends
29 732
72 495
-
-
withholding
2 230
14 240
-
-
total
2 230
14 240
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 181
31 245
38 465
30 381
After tax
60 319
58 255
51 035
59 119
Living cost
32 816
32 816
32 816
32 816
Free-cash
27 503
25 439
18 219
26 303

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴4104
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
₴70042
₴68520
₴64984
₴67745
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
-
-
-
89 500
income
-
-
-
13 425
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
18 035
Employee
8 582
-
86 112
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
8 611
-
health
395
-
794
-
total
2 101
-
11 111
-
Employer
8 582
-
86 112
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
79 234
89 500
-
-
income
7 924
8 950
-
-
total
7 924
8 950
-
-
Dividends
71 311
80 550
-
-
withholding
3 566
4 027
-
-
total
3 566
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
15 274
12 977
14 499
18 035
After tax
74 226
76 523
75 001
71 465
Living cost
6 481
6 481
6 481
6 481
Free-cash
67 745
70 042
68 520
64 984

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
₴16975
₴28821
₴21861
₴18217
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
-
-
-
89 500
income
-
-
-
28 395
health
-
-
-
6 087
pensions
-
-
-
5 784
total
-
-
-
40 266
Employee
45 767
42 155
80 326
-
pensions
5 784
5 784
5 784
-
income

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

6 900
6 900
12 261
-
health
5 710
5 504
6 087
-
total
18 394
18 188
24 132
-
Employer
45 767
42 155
80 326
-
health
3 180
2 930
3 641
-
pensions
3 185
2 934
3 647
-
unemployment
1 648
1 518
1 886
-
total
8 013
7 382
9 174
-
Corporate
35 719
39 963
-
-
income
7 144
7 993
-
-
total
7 144
7 993
-
-
Dividends
28 575
31 970
-
-
income
6 072
6 794
-
-
withholding
4 287
4 795
-
-
total
10 359
11 589
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 910
45 152
33 306
40 266
After tax
45 590
44 348
56 194
49 234
Living cost
27 373
27 373
27 373
27 373
Free-cash
18 217
16 975
28 821
21 861

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4423
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
₴49354
₴34571
₴38534
₴44977
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
-
-
-
89 500
income
-
-
-
8 965
social contributions
-
-
-
17 652
solidarity contribution
-
-
-
-
health
-
-
-
12 082
total
-
-
-
38 699
Employee
18 040
-
68 245
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
3 929
-
income
2 165
-
8 265
-
health
2 435
-
9 213
-
total
5 773
-
21 407
-
Employer
18 040
-
68 245
-
health
1 624
-
6 142
-
social contributions
4 510
-
15 113
-
total
6 134
-
21 255
-
Corporate
65 326
89 500
-
-
income
12 412
17 005
-
-
total
12 412
17 005
-
-
Dividends
52 914
72 495
-
-
withholding
7 937
10 874
-
-
total
7 937
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 256
27 879
42 662
38 699
After tax
57 244
61 621
46 838
50 801
Living cost
12 267
12 267
12 267
12 267
Free-cash
44 977
49 354
34 571
38 534

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2632
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
₴26922
₴17751
₴21795
₴24344
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
-
-
-
89 500
social contributions
-
-
-
23 020
regional
-
-
-
1 059
municipal
-
-
-
532
national
-
-
-
22 264
total
-
-
-
46 875
Employee
43 872
-
89 500
-
municipal
232
-
475
-
national
7 602
-
19 329
-
regional
414
-
935
-
social contributions
14 794
-
30 180
-
total
23 042
-
50 919
-
Employer
43 872
-
89 500
-
total
-
-
-
-
Corporate
45 628
89 500
-
-
municipal
1 780
3 490
-
-
nationa
10 951
21 480
-
-
total
12 731
24 970
-
-
Dividends
32 897
64 530
-
-
withholding
8 553
16 778
-
-
total
8 553
16 778
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 326
41 748
50 919
46 875
After tax
45 174
47 752
38 581
42 625
Living cost
20 830
20 830
20 830
20 830
Free-cash
24 344
26 922
17 751
21 795

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4624
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
₴45402
₴28408
₴31427
₴43867
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
-
-
-
89 500
income
-
-
-
25 258
other
-
-
-
-
surtax
-
-
-
3 956
unemployment
-
-
-
112
health
-
-
-
4 677
pensions
-
-
-
13 177
total
-
-
-
47 180
Employee
16 325
-
75 632
-
other
-
-
-
-
unemployment
1 136
-
4 586
-
pensions
1 089
-
4 394
-
surtax
53
-
3 366
-
income
2 736
-
22 305
-
health
417
-
1 680
-
total
5 431
-
36 331
-
Employer
16 325
-
75 632
-
health
743
-
2 998
-
pensions
2 176
-
8 782
-
unemployment
517
-
2 088
-
other
-
-
-
-
total
3 436
-
13 868
-
Corporate
69 739
89 500
-
-
income
18 132
23 270
-
-
total
18 132
23 270
-
-
Dividends
51 607
66 230
-
-
withholding
7 741
9 935
-
-
total
7 741
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 740
33 205
50 199
47 180
After tax
54 760
56 295
39 301
42 320
Living cost
10 893
10 893
10 893
10 893
Free-cash
43 867
45 402
28 408
31 427

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
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.
₴2976
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
₴35836
₴28616
₴36700
₴39077
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
-
-
-
89 500
income
-
-
-
25 905
pensions
-
-
-
4 476
total
-
-
-
30 381
Employee
31 116
-
78 156
-
pensions
2 641
-
5 483
-
income
5 604
-
20 516
-
health
452
-
1 121
-
total
8 697
-
27 120
-
Employer
31 116
-
78 156
-
health
591
-
1 485
-
pensions
3 368
-
9 860
-
total
3 959
-
11 345
-
Corporate
54 424
89 500
-
-
income

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

10 341
17 005
-
-
total
10 341
17 005
-
-
Dividends
44 084
72 495
-
-
withholding
5 007
14 240
-
-
total
5 007
14 240
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 004
31 245
38 465
30 381
After tax
61 496
58 255
51 035
59 119
Living cost
22 419
22 419
22 419
22 419
Free-cash
39 077
35 836
28 616
36 700

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
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.
₴3708
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
₴1784
₴29192
₴33290
₴18530
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
-
-
-
89 500
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.

-
-
-
1 790
regional
-
-
-
4 416
health
-
-
-
201
city
-
-
-
943
national
-
-
-
1 486
pensions
-
-
-
8 233
total
-
-
-
17 069
Employee
45 805
-
80 107
-
unemployment
-
-
-
-
pensions
3 848
-
6 729
-
national
217
-
1 085
-
regional
1 500
-
3 801
-
city
492
-
861
-
health
104
-
180
-
total
6 161
-
12 656
-
Employer
45 805
-
80 107
-
health
104
-
180
-
pensions
3 848
-
6 729
-
unemployment
-
-
-
-
other

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

916
-
1 602
-
total
4 868
-
8 511
-
Corporate
38 324
89 500
-
-
regional
8 106
18 930
-
-
national
3 257
7 608
-
-
total
11 363
26 538
-
-
Dividends
26 961
62 962
-
-
withholding
9 437
22 037
-
-
total
9 437
22 037
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 829
48 575
21 167
17 069
After tax
57 671
40 925
68 333
72 431
Living cost
39 141
39 141
39 141
39 141
Free-cash
18 530
1 784
29 192
33 290

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9695
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
₴21603
₴34029
₴22616
₴29606
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.

-
-
-
89 500
income

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

-
-
-
27 948
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.

-
-
-
1 537
health

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

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

-
-
-
3 372
trade
-
-
-
11 413
total
-
-
-
44 270
Employee

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

29 667
-
89 500
-
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.

192
-
1 537
-
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.

3 489
-
27 948
-
health

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

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

3 372
-
3 372
-
total
7 053
-
32 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 833
89 500
-
-
income
8 975
13 425
-
-
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.

494
738
-
-
chamber of commerce
159
200
-
-
trade
10 262
15 349
-
-
total
19 890
29 712
-
-
Dividends
39 943
59 787
-
-
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.

539
812
-
-
withholding
9 798
14 759
-
-
total
10 337
15 571
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 280
45 283
32 857
44 270
After tax
52 220
44 217
56 643
45 230
Living cost
22 614
22 614
22 614
22 614
Free-cash
29 606
21 603
34 029
22 616

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴3995
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
₴28219
₴32000
₴33505
₴31135
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
-
-
-
89 500
income
-
-
-
14 200
other
-
-
-
2 775
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
3 864
pensions
-
-
-
15 717
total
-
-
-
39 106
Employee
21 127
-
69 208
-
pensions
2 389
-
4 837
-
surtax
-
-
-
-
social contributions
602
-
1 972
-
income
1 247
-
13 512
-
total
4 238
-
20 321
-
Employer
21 127
-
69 208
-
health
1 479
-
6 432
-
pensions
3 471
-
8 137
-
unemployment
855
-
2 803
-
social contributions
64
-
208
-
other
729
-
2 710
-
total
6 598
-
20 290
-
Corporate
61 775
89 500
-
-
income
17 297
25 060
-
-
surtax
-
-
-
-
total
17 297
25 060
-
-
Dividends
44 478
64 440
-
-
surtax
-
-
-
-
social contributions
7 650
11 084
-
-
withholding
5 693
8 248
-
-
total
13 343
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 476
44 392
40 611
39 106
After tax
48 024
45 108
48 889
50 394
Living cost
16 889
16 889
16 889
16 889
Free-cash
31 135
28 219
32 000
33 505

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4580
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
₴29892
₴33673
₴35178
₴32635
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
-
-
-
89 500
income
-
-
-
14 200
other
-
-
-
2 775
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
3 864
pensions
-
-
-
15 717
total
-
-
-
39 106
Employee
18 859
-
69 208
-
pensions
2 133
-
4 837
-
surtax
-
-
-
-
social contributions
538
-
1 972
-
income
972
-
13 512
-
total
3 643
-
20 321
-
Employer
18 859
-
69 208
-
health
1 320
-
6 432
-
pensions
3 099
-
8 137
-
unemployment
763
-
2 803
-
social contributions
56
-
208
-
other
651
-
2 710
-
total
5 889
-
20 290
-
Corporate
64 751
89 500
-
-
income
18 131
25 060
-
-
surtax
-
-
-
-
total
18 131
25 060
-
-
Dividends
46 621
64 440
-
-
surtax
-
-
-
-
social contributions
8 019
11 084
-
-
withholding
5 967
8 248
-
-
total
13 986
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 649
44 392
40 611
39 106
After tax
47 851
45 108
48 889
50 394
Living cost
15 216
15 216
15 216
15 216
Free-cash
32 635
29 892
33 673
35 178

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4557
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
₴44136
₴45088
₴47009
₴44393
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
-
-
-
89 500
income
-
-
-
13 425
social contributions
-
-
-
12 351
health
-
-
-
6 247
total
-
-
-
32 023
Employee
16 738
-
89 500
-
social contributions
2 310
-
12 351
-
income
2 792
-
15 346
-
health
1 168
-
6 247
-
total
6 270
-
33 944
-
Employer
16 738
-
89 500
-
total
-
-
-
-
Corporate
72 762
89 500
-
-
income

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

3 638
4 475
-
-
total
3 638
4 475
-
-
Dividends
69 124
85 025
-
-
social contributions
9 539
11 733
-
-
withholding
10 368
12 753
-
-
health
4 824
5 935
-
-
total
24 731
30 421
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 639
34 896
33 944
32 023
After tax
54 861
54 604
55 556
57 477
Living cost
10 468
10 468
10 468
10 468
Free-cash
44 393
44 136
45 088
47 009

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2575
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
₴32102
₴6297
₴28549
₴31339
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
-
-
-
89 500
income
-
-
-
24 994
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
358
health
-
-
-
4 411
pensions
-
-
-
10 669
total
-
-
-
43 557
Employee
24 670
19 673
71 776
-
other
246
197
577
-
unemployment
740
590
1 730
-
pensions
2 527
2 014
5 906
-
income
2 808
1 451
20 165
-
health
955
762
2 231
-
total
7 276
5 014
30 609
-
Employer
24 670
19 673
71 776
-
chamber of commerce
98
79
287
-
health
932
744
2 180
-
pensions
3 096
2 469
7 238
-
accident
320
256
749
-
unemployment
740
590
1 730
-
surtax
97
97
97
-
payroll
740
590
2 154
-
other
1 172
934
3 289
-
total
7 195
5 759
17 724
-
Corporate
57 633
64 068
69 902
-
income

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

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

14 409
16 017
17 476
-
total
14 409
16 017
17 476
-
Dividends
43 225
48 051
-
-
withholding
11 887
13 214
-
-
total
11 887
13 214
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 767
40 004
65 809
43 557
After tax
48 733
49 496
23 691
45 943
Living cost
17 394
17 394
17 394
17 394
Free-cash
31 339
32 102
6 297
28 549

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4024
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
₴32050
₴13369
₴20820
₴24647
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
-
-
-
89 500
communal

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

-
-
-
4 631
social contributions
-
-
-
12 307
national
-
-
-
33 743
total
-
-
-
50 681
Employee

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

35 311
-
69 321
-
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.

307
-
603
-
communal

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

1 842
-
3 616
-
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.

2 648
-
5 199
-
national
10 856
-
25 276
-
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.

1 659
-
3 258
-
total
17 312
-
37 952
-
Employer

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

35 311
-
69 321
-
health

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

2 171
-
4 263
-
pensions

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

3 129
-
6 142
-
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.

459
-
901
-
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.

515
-
1 012
-
surtax
4 004
-
7 862
-
total
10 278
-
20 180
-
Corporate
43 911
89 500
-
-
income
8 782
17 900
-
-
surtax
176
358
-
-
total
8 958
18 258
-
-
Dividends
34 952
71 242
-
-
withholding

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

10 306
21 193
-
-
total
10 306
21 193
-
-
Income
89 500
89 500
89 500
89 500
Total tax
46 854
39 451
58 132
50 681
After tax
42 646
50 049
31 368
38 819
Living cost
17 999
17 999
17 999
17 999
Free-cash
24 647
32 050
13 369
20 820

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4550
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
₴41799
₴30300
₴32371
₴38417
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
-
-
-
89 500
accident
-
-
-
412
income
-
-
-
25 575
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
39 301
Employee
24 573
-
74 913
-
other
24
-
46
-
unemployment
381
-
709
-
pensions
1 155
-
2 151
-
income
5 185
-
23 880
-
total
6 745
-
26 786
-
Employer
24 573
-
74 913
-
pensions
5 799
-
10 798
-
accident
486
-
906
-
unemployment
1 352
-
2 516
-
other
196
-
366
-
total
7 833
-
14 586
-
Corporate
57 095
89 500
-
-
income

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

8 564
13 425
-
-
total
8 564
13 425
-
-
Dividends
48 531
76 075
-
-
withholding
10 113
16 448
-
-
total
10 113
16 448
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 255
29 873
41 372
39 301
After tax
56 245
59 627
48 128
50 199
Living cost
17 828
17 828
17 828
17 828
Free-cash
38 417
41 799
30 300
32 371

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3178
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
₴25352
₴20708
₴17137
₴18959
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
-
-
-
89 500
communal
-
-
-
5 656
accident
-
-
-
755
income
-
-
-
14 984
surtax
-
-
-
4 437
health
-
-
-
6 289
pensions
-
-
-
13 415
total
-
-
-
45 536
Employee
37 383
-
79 947
-
pensions
2 990
-
6 395
-
surtax
2 291
-
4 899
-
income
3 611
-
17 561
-
health
1 664
-
3 558
-
total
10 556
-
32 413
-
Employer
37 383
-
79 947
-
health
1 140
-
2 438
-
pensions
2 990
-
6 395
-
accident
336
-
719
-
total
4 466
-
9 552
-
Corporate
47 650
89 500
-
-
communal
3 216
6 041
-
-
income
7 148
13 425
-
-
surtax
500
940
-
-
total
10 864
20 406
-
-
Dividends
36 786
69 094
-
-
income
12 310
6 551
-
-
withholding
5 518
10 364
-
-
total
17 828
16 915
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 714
37 321
41 965
45 536
After tax
45 786
52 179
47 535
43 964
Living cost
26 827
26 827
26 827
26 827
Free-cash
18 959
25 352
20 708
17 137

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
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.
₴4793
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
₴45207
₴28213
₴31232
₴43639
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
-
-
-
89 500
income
-
-
-
25 258
other
-
-
-
-
surtax
-
-
-
3 956
unemployment
-
-
-
112
health
-
-
-
4 677
pensions
-
-
-
13 177
total
-
-
-
47 180
Employee
16 624
-
75 632
-
other
-
-
-
-
unemployment
1 157
-
4 586
-
pensions
1 109
-
4 394
-
surtax
59
-
3 366
-
income
2 787
-
22 305
-
health
424
-
1 680
-
total
5 536
-
36 331
-
Employer
16 624
-
75 632
-
health
756
-
2 998
-
pensions
2 216
-
8 782
-
unemployment
527
-
2 088
-
other
-
-
-
-
total
3 499
-
13 868
-
Corporate
69 376
89 500
-
-
income
18 038
23 270
-
-
total
18 038
23 270
-
-
Dividends
51 338
66 230
-
-
withholding
7 700
9 935
-
-
total
7 700
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 773
33 205
50 199
47 180
After tax
54 727
56 295
39 301
42 320
Living cost
11 088
11 088
11 088
11 088
Free-cash
43 639
45 207
28 213
31 232

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
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.
₴3173
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
₴33745
₴25014
₴29037
₴32648
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
-
-
-
89 500
social contributions
-
-
-
23 020
regional
-
-
-
1 349
municipal
-
-
-
532
national
-
-
-
22 264
total
-
-
-
47 165
Employee
27 383
-
89 500
-
municipal
145
-
475
-
national
4 338
-
19 329
-
regional
369
-
1 204
-
social contributions
9 234
-
30 180
-
total
14 086
-
51 188
-
Employer
27 383
-
89 500
-
total
-
-
-
-
Corporate
62 117
89 500
-
-
municipal
3 088
4 448
-
-
nationa
14 908
21 480
-
-
total
17 996
25 928
-
-
Dividends
44 121
63 573
-
-
withholding
11 472
16 529
-
-
total
11 472
16 529
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 554
42 457
51 188
47 165
After tax
45 946
47 043
38 312
42 335
Living cost
13 298
13 298
13 298
13 298
Free-cash
32 648
33 745
25 014
29 037

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3453
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
₴46505
₴31722
₴35685
₴41111
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
-
-
-
89 500
income
-
-
-
8 965
social contributions
-
-
-
17 652
solidarity contribution
-
-
-
-
health
-
-
-
12 082
total
-
-
-
38 699
Employee
22 230
-
68 245
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
3 929
-
income
2 668
-
8 265
-
health
3 001
-
9 213
-
total
7 114
-
21 407
-
Employer
22 230
-
68 245
-
health
2 001
-
6 142
-
social contributions
5 558
-
15 113
-
total
7 559
-
21 255
-
Corporate
59 712
89 500
-
-
income
11 345
17 005
-
-
total
11 345
17 005
-
-
Dividends
48 367
72 495
-
-
withholding
7 255
10 874
-
-
total
7 255
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 273
27 879
42 662
38 699
After tax
56 227
61 621
46 838
50 801
Living cost
15 116
15 116
15 116
15 116
Free-cash
41 111
46 505
31 722
35 685

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
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.
₴2776
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
₴33799
₴7967
₴30291
₴33557
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
-
-
-
89 500
income
-
-
-
24 994
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
358
health
-
-
-
4 411
pensions
-
-
-
10 669
total
-
-
-
43 460
Employee
21 579
19 673
71 867
-
other
215
197
577
-
unemployment
647
590
1 730
-
pensions
2 210
2 014
5 906
-
income
1 922
1 451
20 208
-
health
835
762
2 231
-
total
5 829
5 014
30 652
-
Employer
21 579
19 673
71 867
-
chamber of commerce
86
79
288
-
health
816
744
2 180
-
pensions
2 708
2 469
7 238
-
accident
280
256
749
-
unemployment
647
590
1 730
-
surtax
-
-
-
-
payroll
647
590
2 156
-
other
1 025
934
3 293
-
total
6 209
5 662
17 634
-
Corporate
61 711
64 165
69 993
-
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.

15 428
16 042
17 498
-
total
15 428
16 042
17 498
-
Dividends
46 283
48 124
-
-
withholding
12 728
13 234
-
-
total
12 728
13 234
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 194
39 952
65 784
43 460
After tax
49 306
49 548
23 716
46 040
Living cost
15 749
15 749
15 749
15 749
Free-cash
33 557
33 799
7 967
30 291

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4412
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
₴78799
₴65374
₴82379
₴77631
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%.

-
-
-
89 500
microenterprise

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

-
-
-
895
total
-
-
-
895
Employee
7 782
-
89 500
-
income
1 557
-
17 900
-
total
1 557
-
17 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

81 718
89 500
-
-
total
-
-
-
-
Dividends
81 718
89 500
-
-
withholding
4 086
4 475
-
-
total
4 086
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
5 643
4 475
17 900
895
After tax
83 857
85 025
71 600
88 605
Living cost
6 226
6 226
6 226
6 226
Free-cash
77 631
78 799
65 374
82 379

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
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.
₴1542
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
₴48380
₴27970
₴30342
₴44250
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.

-
-
-
89 500
income
-
-
-
20 631
unemployment
-
-
-
134
health
-
-
-
8 807
pensions
-
-
-
16 345
total
-
-
-
45 917
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.

21 829
-
77 442
-
unemployment
31
-
109
-
pensions
3 384
-
12 003
-
income
3 764
-
19 115
-
health
1 410
-
5 003
-
total
8 589
-
36 230
-
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.

21 829
-
77 442
-
health
1 454
-
5 158
-
pensions
1 932
-
6 854
-
unemployment
13
-
47
-
total
3 399
-
12 059
-
Corporate
64 272
89 500
-
-
income
12 212
17 005
-
-
total
12 212
17 005
-
-
Dividends
52 060
72 495
-
-
withholding
7 809
10 874
-
-
total
7 809
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 009
27 879
48 289
45 917
After tax
57 491
61 621
41 211
43 583
Living cost
13 241
13 241
13 241
13 241
Free-cash
44 250
48 380
27 970
30 342

Estimated living cost  is ₴13241 per week

₴9087
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.
₴257
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.
₴3049
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
₴32854
₴61317
₴40254
₴9045
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
-
-
-
89 500
income
-
-
-
17 445
social contributions
-
-
-
10 203
total
-
-
-
27 648
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
Corporate
14 866
89 500
-
-
income
3 271
19 690
-
-
total
3 271
19 690
-
-
Dividends
11 596
69 810
-
-
income
2 551
15 358
-
-
total
2 551
15 358
-
-
Income
89 500
89 500
89 500
89 500
Total tax
58 857
35 048
6 585
27 648
After tax
30 643
54 452
82 915
61 852
Living cost
21 598
21 598
21 598
21 598
Free-cash
9 045
32 854
61 317
40 254

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴5278
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
₴35424
₴25498
₴32285
₴34928
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.

-
-
-
89 500
income
-
-
-
10 630
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
41 731
Employee
22 704
-
72 323
-
surtax
-
-
-
-
social contributions
2 497
-
7 955
-
income
4 722
-
23 386
-
total
7 219
-
31 341
-
Employer
22 704
-
72 323
-
social contributions
5 392
-
17 177
-
total
5 392
-
17 177
-
Corporate
61 404
89 500
-
-
income
12 895
18 795
-
-
surtax
-
-
-
-
total
12 895
18 795
-
-
Dividends
48 509
70 705
-
-
withholding
13 582
19 797
-
-
total
13 582
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 088
38 592
48 518
41 731
After tax
50 412
50 908
40 982
47 769
Living cost
15 484
15 484
15 484
15 484
Free-cash
34 928
35 424
25 498
32 285

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
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
₴21265
₴25046
₴26552
₴24658
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
-
-
-
89 500
income
-
-
-
14 200
other
-
-
-
2 775
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
3 864
pensions
-
-
-
15 717
total
-
-
-
39 106
Employee
30 918
-
69 208
-
pensions
3 497
-
4 837
-
surtax
-
-
-
-
social contributions
881
-
1 972
-
income
2 698
-
13 512
-
total
7 076
-
20 321
-
Employer
30 918
-
69 208
-
health
2 164
-
6 432
-
pensions
5 080
-
8 137
-
unemployment
1 252
-
2 803
-
social contributions
93
-
208
-
other
1 067
-
2 710
-
total
9 656
-
20 290
-
Corporate
48 926
89 500
-
-
income
13 700
25 060
-
-
surtax
-
-
-
-
total
13 700
25 060
-
-
Dividends
35 226
64 440
-
-
surtax
-
-
-
-
social contributions
6 058
11 084
-
-
withholding
4 509
8 248
-
-
total
10 567
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 999
44 392
40 611
39 106
After tax
48 501
45 108
48 889
50 394
Living cost
23 842
23 842
23 842
23 842
Free-cash
24 658
21 265
25 046
26 552

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴5429
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
₴65711
₴53366
₴50988
₴64053
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
-
-
-
89 500
income
-
-
-
3 983
social contributions
-
-
-
19 690
total
-
-
-
23 673
Employee
15 870
-
77 489
-
income
-
-
4 247
-
social contributions
1 031
-
5 037
-
total
1 031
-
9 284
-
Employer
15 870
-
77 489
-
social contributions
2 460
-
12 011
-
total
2 460
-
12 011
-
Corporate
71 170
89 500
-
-
income
7 117
8 950
-
-
total
7 117
8 950
-
-
Dividends
64 053
80 550
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
10 608
8 950
21 295
23 673
After tax
78 892
80 550
68 205
65 827
Living cost
14 839
14 839
14 839
14 839
Free-cash
64 053
65 711
53 366
50 988

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3846
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
-₴18005
-₴18005
₴28872
-₴18005
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
-
-
-
89 500
labour market
-
-
-
7 126
municipal
-
-
-
18 720
national
-
-
-
10 591
pensions
-
-
-
428
total
-
-
-
36 865
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
83 742
83 742
83 742
36 865
After tax
5 758
5 758
5 758
52 635
Living cost
23 763
23 763
23 763
23 763
Free-cash
-18 005
-18 005
-18 005
28 872

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴3583
₴37833
₴50346
₴5587
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
-
-
-
89 500
accident
-
-
-
126
income
-
-
-
24 842
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
28 322
Employee
17 040
-
80 670
-
pensions
1 919
-
3 813
-
income
2 338
-
18 955
-
health
1 951
-
9 237
-
total
6 208
-
32 005
-
Employer
17 040
-
80 670
-
pensions
2 771
-
5 506
-
accident
285
-
1 347
-
unemployment
418
-
1 977
-
total
3 474
-
8 830
-
Corporate
68 987
89 500
-
-
income

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

62 088
80 550
-
-
total
62 088
80 550
-
-
Dividends
6 899
8 950
-
-
withholding
1 311
1 701
-
-
total
1 311
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
73 081
82 251
40 835
28 322
After tax
16 419
7 249
48 665
61 178
Living cost
10 832
10 832
10 832
10 832
Free-cash
5 587
-3 583
37 833
50 346

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴2127
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
₴36973
₴27836
₴38405
₴38273
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

-
-
-
89 500
health
-
-
-
1 172
municipal
-
-
-
15 899
national
-
-
-
15 072
total
-
-
-
32 143
Employee
25 972
-
75 293
-
municipal
4 254
-
12 263
-
unemployment
390
-
1 130
-
pensions
1 753
-
5 082
-
national
429
-
9 075
-
health
194
-
954
-
total
7 020
-
28 504
-
Employer
25 972
-
75 293
-
health
200
-
580
-
pensions
4 506
-
13 064
-
accident
26
-
75
-
unemployment
169
-
489
-
total
4 901
-
14 208
-
Corporate
58 628
89 500
-
-
income
11 726
17 900
-
-
total
11 726
17 900
-
-
Dividends

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

35 177
53 700
-
-
municipal
6 332
9 666
-
-
national
2 296
6 009
-
-
total
8 628
15 675
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 275
33 575
42 712
32 143
After tax
57 225
55 925
46 788
57 357
Living cost
18 952
18 952
18 952
18 952
Free-cash
38 273
36 973
27 836
38 405

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴53855
₴48837
₴49617
₴51168
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
-
-
-
89 500
income
-
-
-
18 185
social contributions
-
-
-
7 987
health
-
-
-
2 282
total
-
-
-
28 454
Employee
37 959
37 959
83 702
-
social contributions
1 435
3 150
4 249
-
income
4 133
3 514
17 764
-
health
294
645
1 423
-
total
5 862
7 309
23 436
-
Employer
37 959
37 959
83 702
-
health
319
703
1 549
-
social contributions
1 435
3 150
4 249
-
total
1 754
3 853
5 798
-
Corporate
70 454
47 688
-
-
income
8 807
5 961
-
-
total
8 807
5 961
-
-
Dividends
61 647
41 727
-
-
withholding
10 480
7 093
-
-
total
10 480
7 093
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 903
24 216
29 234
28 454
After tax
62 597
65 284
60 266
61 046
Living cost
11 429
11 429
11 429
11 429
Free-cash
51 168
53 855
48 837
49 617

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
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
₴66277
₴57694
₴67595
₴63767
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
-
-
-
89 500
income
-
-
-
9 127
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
14 067
Employee

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

11 331
-
84 676
-
unemployment
56
-
234
-
pensions
1 699
-
7 026
-
income
775
-
7 903
-
health
963
-
3 981
-
total
3 493
-
19 144
-
Employer

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

11 331
-
84 676
-
health
487
-
2 014
-
pensions
623
-
2 576
-
unemployment
56
-
234
-
total
1 166
-
4 824
-
Corporate
77 003
89 500
-
-
income
6 930
8 055
-
-
total
6 930
8 055
-
-
Dividends
70 072
81 445
-
-
withholding
6 306
7 330
-
-
total
6 306
7 330
-
-
Income
89 500
89 500
89 500
89 500
Total tax
17 895
15 385
23 968
14 067
After tax
71 605
74 115
65 532
75 433
Living cost
7 838
7 838
7 838
7 838
Free-cash
63 767
66 277
57 694
67 595

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
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.
₴2038
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
₴46052
₴34553
₴36624
₴43872
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
-
-
-
89 500
accident
-
-
-
412
income
-
-
-
25 575
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
39 301
Employee
18 253
-
74 913
-
other
18
-
46
-
unemployment
283
-
709
-
pensions
858
-
2 151
-
income
3 519
-
23 880
-
total
4 678
-
26 786
-
Employer
18 253
-
74 913
-
pensions
4 307
-
10 798
-
accident
362
-
906
-
unemployment
1 004
-
2 516
-
other
146
-
366
-
total
5 819
-
14 586
-
Corporate
65 428
89 500
-
-
income

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

9 814
13 425
-
-
total
9 814
13 425
-
-
Dividends
55 614
76 075
-
-
withholding
11 742
16 448
-
-
total
11 742
16 448
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 053
29 873
41 372
39 301
After tax
57 447
59 627
48 128
50 199
Living cost
13 575
13 575
13 575
13 575
Free-cash
43 872
46 052
34 553
36 624

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
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.
₴2869
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
₴54887
₴56581
₴56650
₴54730
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
-
-
-
89 500
income
-
-
-
30 680
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
31 889
Employee
1 464
-
88 711
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
30 643
-
health
73
-
175
-
total
503
-
31 169
-
Employer
1 464
-
88 711
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
87 706
89 500
-
-
income
19 295
19 690
-
-
total
19 295
19 690
-
-
Dividends
68 411
69 810
-
-
withholding
13 682
13 962
-
-
total
13 682
13 962
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 809
33 652
31 958
31 889
After tax
55 691
55 848
57 542
57 611
Living cost
961
961
961
961
Free-cash
54 730
54 887
56 581
56 650

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴290
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
₴56127
₴46859
₴46860
₴53698
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.

-
-
-
89 500
income
-
-
-
20 313
unemployment
-
-
-
547
health
-
-
-
3 758
pensions
-
-
-
9 485
total
-
-
-
34 103
Employee

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

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

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

12 873
-
82 970
-
unemployment
97
-
274
-
pensions
1 802
-
5 107
-
income
1 774
-
20 313
-
health
663
-
1 879
-
total
4 336
-
27 573
-
Employer

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

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

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

12 873
-
82 970
-
health
663
-
1 879
-
pensions
1 545
-
4 378
-
unemployment
97
-
274
-
total
2 305
-
6 531
-
Corporate
74 323
89 500
-
-
income
11 148
13 425
-
-
total
11 148
13 425
-
-
Dividends
63 174
76 075
-
-
withholding
9 476
11 411
-
-
total
9 476
11 411
-
-
Income
89 500
89 500
89 500
89 500
Total tax
27 265
24 836
34 104
34 103
After tax
62 235
64 664
55 396
55 397
Living cost
8 537
8 537
8 537
8 537
Free-cash
53 698
56 127
46 859
46 860

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴1882
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
₴37600
₴27674
₴34461
₴37421
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.

-
-
-
89 500
income
-
-
-
10 630
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
41 731
Employee
19 160
-
72 323
-
surtax
-
-
-
-
social contributions
2 108
-
7 955
-
income
3 744
-
23 386
-
total
5 852
-
31 341
-
Employer
19 160
-
72 323
-
social contributions
4 550
-
17 177
-
total
4 550
-
17 177
-
Corporate
65 790
89 500
-
-
income
13 816
18 795
-
-
surtax
-
-
-
-
total
13 816
18 795
-
-
Dividends
51 975
70 705
-
-
withholding
14 553
19 797
-
-
total
14 553
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 771
38 592
48 518
41 731
After tax
50 729
50 908
40 982
47 769
Living cost
13 308
13 308
13 308
13 308
Free-cash
37 421
37 600
27 674
34 461

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
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.
₴2722
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
₴42278
₴30779
₴32850
₴39050
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
-
-
-
89 500
accident
-
-
-
412
income
-
-
-
25 575
other
-
-
-
46
unemployment
-
-
-
320
pensions
-
-
-
12 948
total
-
-
-
39 301
Employee
23 841
-
74 913
-
other
23
-
46
-
unemployment
369
-
709
-
pensions
1 120
-
2 151
-
income
4 979
-
23 880
-
total
6 491
-
26 786
-
Employer
23 841
-
74 913
-
pensions
5 626
-
10 798
-
accident
472
-
906
-
unemployment
1 312
-
2 516
-
other
191
-
366
-
total
7 601
-
14 586
-
Corporate
58 058
89 500
-
-
income

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

8 708
13 425
-
-
total
8 708
13 425
-
-
Dividends
49 350
76 075
-
-
withholding
10 301
16 448
-
-
total
10 301
16 448
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 101
29 873
41 372
39 301
After tax
56 399
59 627
48 128
50 199
Living cost
17 349
17 349
17 349
17 349
Free-cash
39 050
42 278
30 779
32 850

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
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.
₴3297
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
₴68019
₴66497
₴62961
₴65005
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
-
-
-
89 500
income
-
-
-
13 425
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
18 035
Employee
11 260
-
86 112
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
8 611
-
health
518
-
794
-
total
2 757
-
11 111
-
Employer
11 260
-
86 112
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
76 031
89 500
-
-
income
7 603
8 950
-
-
total
7 603
8 950
-
-
Dividends
68 428
80 550
-
-
withholding
3 421
4 027
-
-
total
3 421
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
15 991
12 977
14 499
18 035
After tax
73 509
76 523
75 001
71 465
Living cost
8 504
8 504
8 504
8 504
Free-cash
65 005
68 019
66 497
62 961

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴2190
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
₴27000
₴37585
₴28035
₴33457
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.

-
-
-
89 500
income

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

-
-
-
27 948
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.

-
-
-
1 537
health

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

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

-
-
-
3 372
trade
-
-
-
9 550
total
-
-
-
42 407
Employee

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

24 562
-
89 500
-
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.

111
-
1 537
-
income

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

2 020
-
27 948
-
health

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

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

3 372
-
3 372
-
total
5 503
-
32 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 938
89 500
-
-
income
9 741
13 425
-
-
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.

536
738
-
-
chamber of commerce
170
206
-
-
trade
9 318
12 843
-
-
total
19 765
27 212
-
-
Dividends
45 173
62 287
-
-
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.

611
846
-
-
withholding
11 106
15 384
-
-
total
11 717
16 230
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 985
43 442
32 857
42 407
After tax
52 515
46 058
56 643
47 093
Living cost
19 058
19 058
19 058
19 058
Free-cash
33 457
27 000
37 585
28 035

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3584
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
₴34531
₴18748
₴18748
₴35620
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
-
-
-
89 500
income
-
-
-
27 641
social contributions
-
-
-
14 991
total
-
-
-
42 632
Employee
38 614
-
89 500
-
income
7 286
-
27 641
-
social contributions
3 208
-
14 991
-
total
10 494
-
42 632
-
Employer
38 614
-
89 500
-
total
-
-
-
-
Corporate
50 886
89 500
-
-
income
6 361
11 187
-
-
total
6 361
11 187
-
-
Dividends
44 525
78 313
-
-
withholding
8 905
15 662
-
-
total
8 905
15 662
-
-
Income
89 500
89 500
89 500
89 500
Total tax
25 760
26 849
42 632
42 632
After tax
63 740
62 651
46 868
46 868
Living cost
28 120
28 120
28 120
28 120
Free-cash
35 620
34 531
18 748
18 748

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴4167
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
₴37647
₴45560
₴54545
₴39372
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.

-
-
-
89 500
income
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
87 229
-
income
2 457
-
21 478
-
social contributions
2 269
-
2 271
-
total
4 726
-
23 749
-
Employer
22 646
-
87 229
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
64 585
89 500
-
-
income
22 605
31 325
-
-
total
22 605
31 325
-
-
Dividends
41 981
58 175
-
-
social contributions
2 608
2 608
-
-
total
2 608
2 608
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 208
33 933
26 020
17 035
After tax
57 292
55 567
63 480
72 465
Living cost
17 920
17 920
17 920
17 920
Free-cash
39 372
37 647
45 560
54 545

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4428
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
₴40029
₴32809
₴40893
₴42935
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
-
-
-
89 500
income
-
-
-
25 905
pensions
-
-
-
4 476
total
-
-
-
30 381
Employee
25 018
-
78 156
-
pensions
1 909
-
5 483
-
income
4 556
-
20 516
-
health
326
-
1 121
-
total
6 791
-
27 120
-
Employer
25 018
-
78 156
-
health
475
-
1 485
-
pensions
2 528
-
9 860
-
total
3 003
-
11 345
-
Corporate
61 479
89 500
-
-
income

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

11 681
17 005
-
-
total
11 681
17 005
-
-
Dividends
49 799
72 495
-
-
withholding
6 864
14 240
-
-
total
6 864
14 240
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 339
31 245
38 465
30 381
After tax
61 161
58 255
51 035
59 119
Living cost
18 226
18 226
18 226
18 226
Free-cash
42 935
40 029
32 809
40 893

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3818
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
-₴4656
₴36760
₴49273
₴5423
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
-
-
-
89 500
accident
-
-
-
126
income
-
-
-
24 842
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
28 322
Employee
18 727
-
80 670
-
pensions
2 109
-
3 813
-
income
2 569
-
18 955
-
health
2 144
-
9 237
-
total
6 822
-
32 005
-
Employer
18 727
-
80 670
-
pensions
3 045
-
5 506
-
accident
313
-
1 347
-
unemployment
459
-
1 977
-
total
3 817
-
8 830
-
Corporate
66 957
89 500
-
-
income

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

60 261
80 550
-
-
total
60 261
80 550
-
-
Dividends
6 696
8 950
-
-
withholding
1 272
1 701
-
-
total
1 272
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
72 172
82 251
40 835
28 322
After tax
17 328
7 249
48 665
61 178
Living cost
11 905
11 905
11 905
11 905
Free-cash
5 423
-4 656
36 760
49 273

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
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.
₴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

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
₴68644
₴57177
₴46319
₴66334
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.

-
-
-
89 500
income
-
-
-
14 795
unemployment
-
-
-
948
work injury
-
-
-
395
health insurance
-
-
-
5 843
pensions
-
-
-
14 530
total
-
-
-
36 511
Employee

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

10 671
-
89 500
-
health insurance
790
-
2 922
-
unemployment
128
-
474
-
work injury
53
-
197
-
pensions
1 964
-
7 265
-
income
1 067
-
14 795
-
total
4 002
-
25 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 829
89 500
-
-
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%.

788
895
-
-
total
788
895
-
-
Dividends
78 040
88 605
-
-
withholding
11 706
13 291
-
-
total
11 706
13 291
-
-
Income
89 500
89 500
89 500
89 500
Total tax
16 496
14 186
25 653
36 511
After tax
73 004
75 314
63 847
52 989
Living cost
6 670
6 670
6 670
6 670
Free-cash
66 334
68 644
57 177
46 319

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴1845
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
₴27477
₴17969
₴21898
₴25231
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
-
-
-
89 500
social contributions
-
-
-
23 020
regional
-
-
-
2 053
municipal
-
-
-
599
national
-
-
-
22 264
total
-
-
-
47 936
Employee
41 598
-
89 500
-
municipal
248
-
534
-
national
7 030
-
19 329
-
regional
628
-
1 822
-
social contributions
14 027
-
30 180
-
total
21 933
-
51 865
-
Employer
41 598
-
89 500
-
total
-
-
-
-
Corporate
47 902
89 500
-
-
municipal
2 309
4 314
-
-
nationa
11 496
21 480
-
-
total
13 805
25 794
-
-
Dividends
34 097
63 706
-
-
withholding
8 865
16 563
-
-
total
8 865
16 563
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 603
42 357
51 865
47 936
After tax
44 897
47 143
37 635
41 564
Living cost
19 666
19 666
19 666
19 666
Free-cash
25 231
27 477
17 969
21 898

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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