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
₴32112
₴36861
₴31799
₴42751
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
trade
-
-
-
10 952
income

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

-
-
-
29 202
health

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

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

-
-
-
2 934
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.

-
-
-
1 606
total
-
-
-
44 694
Employee

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

16 425
-
89 500
-
health

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

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

2 934
-
2 934
-
surtax

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

25
-
1 606
-
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.

459
-
29 202
-
total
3 418
-
33 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 075
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.

603
738
-
-
income
10 961
13 425
-
-
trade
11 509
14 096
-
-
chamber of commerce
170
194
-
-
total
23 243
28 453
-
-
Dividends
49 831
61 047
-
-
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.

676
830
-
-
withholding
12 295
15 098
-
-
total
12 971
15 928
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 632
44 381
33 742
44 694
After tax
49 868
45 119
55 758
44 806
Living cost
13 007
13 007
13 007
13 007
Free-cash
36 861
32 112
42 751
31 799

Estimated living cost  is ₴13007 per week

₴8182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3066
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
₴34181
₴33820
₴29800
₴30279
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
municipal
-
-
-
9 905
pensions
-
-
-
10 740
national
-
-
-
16 426
social contributions
-
-
-
962
total
-
-
-
38 033
Employee
33 588
-
77 372
-
municipal
4 149
-
10 252
-
pensions
1 344
-
3 095
-
national
6 429
-
17 185
-
total
11 922
-
30 532
-
Employer
33 588
-
77 372
-
social contributions
361
-
832
-
pensions
2 687
-
6 190
-
total
3 048
-
7 022
-
Corporate
50 647
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%.

10 129
17 900
-
-
total
10 129
17 900
-
-
Dividends
40 518
71 600
-
-
withholding
8 914
15 752
-
-
total
8 914
15 752
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 013
33 652
37 554
38 033
After tax
55 487
55 848
51 946
51 467
Living cost
21 667
21 667
21 667
21 667
Free-cash
33 820
34 181
30 279
29 800

Estimated living cost  is ₴21667 per week

₴14727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4602
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
₴62666
₴59142
₴23141
₴29604
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
microenterprise
-
-
-
-
income
-
-
-
18 149
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.

-
-
-
16 454
total
-
-
-
57 425
Employee
12 548
-
69 523
-
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.

1 381
-
5 630
-
surtax
-
-
10 081
-
income
2 234
-
15 275
-
total
3 615
-
30 986
-
Employer
12 548
-
69 523
-
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.

3 023
-
12 329
-
surtax
-
-
7 647
-
total
3 023
-
19 976
-
Corporate
73 929
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%.

14 786
17 900
-
-
total
14 786
17 900
-
-
Dividends

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

59 143
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
21 424
17 900
50 962
57 425
After tax
68 076
71 600
38 538
32 075
Living cost
8 934
8 934
8 934
8 934
Free-cash
59 142
62 666
29 604
23 141

Estimated living cost  is ₴8934 per week

₴5700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
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.
₴2181
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
₴26529
₴23897
₴30458
₴39263
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
-
-
-
30 726
pensions
-
-
-
5 031
health
-
-
-
5 295
total
-
-
-
41 052
Employee
36 672
36 672
81 519
-
health
5 629
4 788
5 295
-
income

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

6 003
6 003
13 940
-
pensions
6 601
5 031
5 031
-
total
18 233
15 822
24 266
-
Employer
36 672
36 672
81 519
-
unemployment
1 320
1 320
1 640
-
pensions
2 552
2 552
3 173
-
health
2 549
2 549
3 168
-
total
6 421
6 421
7 981
-
Corporate
46 856
46 406
-
-
income
9 371
9 281
-
-
total
9 371
9 281
-
-
Dividends
37 485
37 125
-
-
income
7 965
7 889
-
-
withholding
5 623
5 568
-
-
total
13 588
13 457
-
-
Income
89 500
89 500
89 500
89 500
Total tax
47 613
44 981
32 247
41 052
After tax
41 887
44 519
57 253
48 448
Living cost
17 990
17 990
17 990
17 990
Free-cash
23 897
26 529
39 263
30 458

Estimated living cost  is ₴17990 per week

₴12749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3333
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
₴32321
₴31949
₴28397
₴27996
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
municipal
-
-
-
23 556
accident
-
-
-
72
pensions
-
-
-
3 920
other
-
-
-
4 214
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
10 496
total
-
-
-
44 557
Employee
23 577
-
78 106
-
municipal
7 031
-
23 291
-
national
-
-
10 274
-
total
7 031
-
33 565
-
Employer
23 577
-
78 106
-
accident
47
-
72
-
other
2 740
-
4 214
-
unemployment
622
-
957
-
pensions
2 549
-
3 920
-
health
1 450
-
2 230
-
total
7 408
-
11 393
-
Corporate
58 515
89 500
-
-
income
12 873
19 690
-
-
total
12 873
19 690
-
-
Dividends
45 642
69 810
-
-
withholding
13 693
20 943
-
-
total
13 693
20 943
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 005
40 633
44 958
44 557
After tax
48 495
48 867
44 542
44 943
Living cost
16 546
16 546
16 546
16 546
Free-cash
31 949
32 321
27 996
28 397

Estimated living cost  is ₴16546 per week

₴10966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3705
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
₴27789
₴33823
₴27450
₴38888
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
trade
-
-
-
11 438
income

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

-
-
-
29 202
health

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

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

-
-
-
2 934
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.

-
-
-
1 606
total
-
-
-
45 180
Employee

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

21 778
-
89 500
-
health

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

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

2 934
-
2 934
-
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.

103
-
1 606
-
income

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

1 871
-
29 202
-
total
4 908
-
33 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 722
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.

559
738
-
-
income
10 158
13 425
-
-
trade
11 140
14 723
-
-
chamber of commerce
161
192
-
-
total
22 018
29 078
-
-
Dividends
45 704
60 421
-
-
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.

619
821
-
-
withholding
11 262
14 942
-
-
total
11 881
15 763
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 807
44 841
33 742
45 180
After tax
50 693
44 659
55 758
44 320
Living cost
16 870
16 870
16 870
16 870
Free-cash
33 823
27 789
38 888
27 450

Estimated living cost  is ₴16870 per week

₴11283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3556
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
₴51317
₴49535
₴46550
₴45801
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
-
-
-
19 790
health
-
-
-
2 283
social contributions
-
-
-
6 948
total
-
-
-
29 021
Employee
33 022
33 022
84 245
-
social contributions
1 605
2 741
3 697
-
health
328
561
1 432
-
income
3 468
3 057
19 386
-
total
5 401
6 359
24 515
-
Employer
33 022
33 022
84 245
-
social contributions
1 605
2 741
3 697
-
health
358
611
1 558
-
total
1 963
3 352
5 255
-
Corporate
68 208
53 127
-
-
income
8 526
6 641
-
-
total
8 526
6 641
-
-
Dividends
59 682
46 486
-
-
withholding
10 146
7 902
-
-
total
10 146
7 902
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 036
24 254
29 770
29 021
After tax
63 464
65 246
59 730
60 479
Living cost
13 929
13 929
13 929
13 929
Free-cash
49 535
51 317
45 801
46 550

Estimated living cost  is ₴13929 per week

₴9522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
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.
₴3085
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
₴42469
₴42630
₴54223
₴44104
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
pensions
-
-
-
8 950
unemployment
-
-
-
1 342
health
-
-
-
6 265
total
-
-
-
27 498
Employee

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

The minimum wage is 138,000 HUF per month.

11 229
4 469
74 895
-
health
786
313
5 243
-
income
1 373
546
9 156
-
pensions
1 123
447
7 490
-
unemployment
168
67
1 123
-
total
3 450
1 373
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.

11 229
4 469
74 895
-
pensions
2 190
871
14 605
-
total
2 190
871
14 605
-
Corporate
76 081
84 160
-
-
income
6 847
7 574
-
-
total
6 847
7 574
-
-
Dividends
69 234
76 585
-
-
social contributions
13 450
14 883
-
-
withholding
13 154
14 551
-
-
total
26 604
29 434
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 091
39 252
37 617
27 498
After tax
50 409
50 248
51 883
62 002
Living cost
7 779
7 779
7 779
7 779
Free-cash
42 630
42 469
44 104
54 223

Estimated living cost  is ₴7779 per week

₴5308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴61228
₴58559
₴37600
₴41216
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
pensions
-
-
-
17 900
health
-
-
-
11 635
total
-
-
-
41 528
Employee
12 182
-
66 890
-
income
1 372
-
12 896
-
pensions
244
-
1 338
-
unemployment
195
-
1 070
-
total
1 811
-
15 304
-
Employer
12 182
-
66 890
-
unemployment
98
-
535
-
pensions
2 437
-
13 378
-
health
1 583
-
8 695
-
total
4 118
-
22 608
-
Corporate
73 200
89 500
-
-
income
14 640
17 900
-
-
total
14 640
17 900
-
-
Dividends
58 559
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
20 569
17 900
37 912
41 528
After tax
68 931
71 600
51 588
47 972
Living cost
10 372
10 372
10 372
10 372
Free-cash
58 559
61 228
41 216
37 600

Estimated living cost  is ₴10372 per week

₴7114
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.
₴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.
₴2432
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
-₴2130
₴5813
₴51751
₴39741
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
-
-
-
108
income
-
-
-
25 400
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
28 370
Employee
14 754
-
81 447
-
health
1 689
-
9 326
-
income
2 024
-
19 748
-
pensions
1 661
-
3 253
-
total
5 374
-
32 327
-
Employer
14 754
-
81 447
-
accident
246
-
1 360
-
unemployment
361
-
1 996
-
pensions
2 399
-
4 697
-
total
3 006
-
8 053
-
Corporate
71 739
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.

64 565
80 550
-
-
total
64 565
80 550
-
-
Dividends
7 174
8 950
-
-
withholding
1 363
1 701
-
-
total
1 363
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
74 308
82 251
40 380
28 370
After tax
15 192
7 249
49 120
61 130
Living cost
9 379
9 379
9 379
9 379
Free-cash
5 813
-2 130
39 741
51 751

Estimated living cost  is ₴9379 per week

₴6874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1790
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
₴81111
₴80378
₴84691
₴67686
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
4 892
-
89 500
-
income
978
-
17 900
-
total
978
-
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%.

84 608
89 500
-
-
total
-
-
-
-
Dividends
84 608
89 500
-
-
withholding
4 230
4 475
-
-
total
4 230
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
5 208
4 475
17 900
895
After tax
84 292
85 025
71 600
88 605
Living cost
3 914
3 914
3 914
3 914
Free-cash
80 378
81 111
67 686
84 691

Estimated living cost  is ₴3914 per week

₴2425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
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.
₴1055
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
₴54313
₴51412
₴41263
₴40508
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
-
-
-
15 146
pensions

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

-
-
-
15 673
other
-
-
-
3 102
health
-
-
-
2 873
total
-
-
-
36 794
Employee
15 592
-
72 983
-
health
218
-
914
-
income
2 684
-
14 894
-
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.

1 091
-
4 571
-
unemployment
156
-
653
-
total
4 149
-
21 032
-
Employer
15 592
-
72 983
-
accident
125
-
583
-
other
780
-
3 265
-
unemployment
156
-
653
-
pensions

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

2 651
-
11 102
-
health
218
-
914
-
total
3 930
-
16 517
-
Corporate
69 978
89 500
-
-
income
14 696
18 795
-
-
total
14 696
18 795
-
-
Dividends
55 282
70 705
-
-
withholding
3 870
4 949
-
-
total
3 870
4 949
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 645
23 744
37 549
36 794
After tax
62 855
65 756
51 951
52 706
Living cost
11 443
11 443
11 443
11 443
Free-cash
51 412
54 313
40 508
41 263

Estimated living cost  is ₴11443 per week

₴8085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2401
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
₴28237
₴31717
₴29439
₴21412
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
-
-
-
26 998
pensions
-
-
-
4 156
total
-
-
-
31 154
Employee
40 899
-
78 060
-
health
674
-
1 080
-
income
7 373
-
21 647
-
pensions
3 946
-
5 014
-
total
11 993
-
27 741
-
Employer
40 899
-
78 060
-
pensions
4 829
-
9 957
-
health
777
-
1 483
-
total
5 606
-
11 440
-
Corporate
42 995
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.

8 169
17 005
-
-
total
8 169
17 005
-
-
Dividends
34 826
72 495
-
-
withholding
3 108
15 351
-
-
total
3 108
15 351
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 876
32 356
39 181
31 154
After tax
60 624
57 144
50 319
58 346
Living cost
28 907
28 907
28 907
28 907
Free-cash
31 717
28 237
21 412
29 439

Estimated living cost  is ₴28907 per week

₴21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴70894
₴68898
₴66440
₴70100
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
17 430
Employee
7 454
-
86 558
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
745
-
8 656
-
pensions

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

654
-
1 317
-
total
1 824
-
10 828
-
Employer
7 454
-
86 558
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 653
-
health
515
-
1 035
-
total
1 464
-
2 943
-
Corporate
80 583
89 500
-
-
income
8 058
8 950
-
-
total
8 058
8 950
-
-
Dividends
72 525
80 550
-
-
withholding
3 626
4 027
-
-
total
3 626
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
14 972
12 977
13 771
17 430
After tax
74 528
76 523
75 729
72 070
Living cost
5 629
5 629
5 629
5 629
Free-cash
68 898
70 894
70 100
66 440

Estimated living cost  is ₴5629 per week

₴3287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1792
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
₴20706
₴21784
₴24635
₴33440
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
-
-
-
30 726
pensions
-
-
-
5 031
health
-
-
-
5 295
total
-
-
-
41 052
Employee
39 814
36 672
81 519
-
health
4 967
4 788
5 295
-
income

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

6 003
6 003
13 940
-
pensions
5 031
5 031
5 031
-
total
16 001
15 822
24 266
-
Employer
39 814
36 672
81 519
-
unemployment
1 433
1 320
1 640
-
pensions
2 771
2 552
3 173
-
health
2 767
2 549
3 168
-
total
6 971
6 421
7 981
-
Corporate
42 715
46 406
-
-
income
8 543
9 281
-
-
total
8 543
9 281
-
-
Dividends
34 172
37 125
-
-
income
7 262
7 889
-
-
withholding
5 126
5 568
-
-
total
12 388
13 457
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 903
44 981
32 247
41 052
After tax
45 597
44 519
57 253
48 448
Living cost
23 813
23 813
23 813
23 813
Free-cash
21 784
20 706
33 440
24 635

Estimated living cost  is ₴23813 per week

₴17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴3847
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
₴51357
₴47696
₴42142
₴38284
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
-
-
-
9 397
health
-
-
-
12 083
solidarity contribution
-
-
-
845
social contributions
-
-
-
14 769
total
-
-
-
37 094
Employee
15 094
-
70 509
-
social contributions
981
-
3 288
-
health
2 038
-
9 519
-
solidarity contribution
-
-
499
-
income
1 811
-
8 655
-
total
4 830
-
21 961
-
Employer
15 094
-
70 509
-
social contributions
3 773
-
12 645
-
health
1 358
-
6 346
-
total
5 131
-
18 991
-
Corporate
69 274
89 500
-
-
income
13 162
17 005
-
-
total
13 162
17 005
-
-
Dividends
56 112
72 495
-
-
withholding
8 417
10 874
-
-
total
8 417
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 540
27 879
40 952
37 094
After tax
57 960
61 621
48 548
52 406
Living cost
10 264
10 264
10 264
10 264
Free-cash
47 696
51 357
38 284
42 142

Estimated living cost  is ₴10264 per week

₴7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴29631
₴27390
₴24567
₴20926
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
municipal
-
-
-
544
regional
-
-
-
1 098
national
-
-
-
23 677
social contributions
-
-
-
21 493
total
-
-
-
46 812
Employee
38 166
-
89 500
-
social contributions
12 869
-
28 178
-
regional
360
-
981
-
municipal
202
-
491
-
national
6 613
-
20 803
-
total
20 044
-
50 453
-
Employer
38 166
-
89 500
-
total
-
-
-
-
Corporate
51 334
89 500
-
-
nationa
12 320
21 480
-
-
municipal
2 002
3 490
-
-
total
14 322
24 970
-
-
Dividends
37 012
64 530
-
-
withholding
9 623
16 778
-
-
total
9 623
16 778
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 989
41 748
50 453
46 812
After tax
45 511
47 752
39 047
42 688
Living cost
18 121
18 121
18 121
18 121
Free-cash
27 390
29 631
20 926
24 567

Estimated living cost  is ₴18121 per week

₴12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4023
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
₴46819
₴45483
₴32693
₴30068
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
-
-
-
27 212
pensions
-
-
-
11 463
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 069
surtax
-
-
-
4 489
total
-
-
-
47 331
Employee
14 201
-
77 436
-
other
-
-
-
-
health
363
-
1 461
-
surtax
46
-
3 976
-
income
2 380
-
24 643
-
pensions
947
-
3 823
-
unemployment
989
-
3 989
-
total
4 725
-
37 892
-
Employer
14 201
-
77 436
-
other
-
-
-
-
unemployment
450
-
1 816
-
pensions
1 893
-
7 640
-
health
646
-
2 608
-
total
2 989
-
12 064
-
Corporate
72 310
89 500
-
-
income
18 801
23 270
-
-
total
18 801
23 270
-
-
Dividends
53 509
66 230
-
-
withholding
8 026
9 935
-
-
total
8 026
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 541
33 205
49 956
47 331
After tax
54 959
56 295
39 544
42 169
Living cost
9 476
9 476
9 476
9 476
Free-cash
45 483
46 819
30 068
32 693

Estimated living cost  is ₴9476 per week

₴5794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2589
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
₴37395
₴40251
₴38597
₴30570
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
-
-
-
26 998
pensions
-
-
-
4 156
total
-
-
-
31 154
Employee
27 410
-
78 060
-
health
398
-
1 080
-
income
4 937
-
21 647
-
pensions
2 326
-
5 014
-
total
7 661
-
27 741
-
Employer
27 410
-
78 060
-
pensions
2 967
-
9 957
-
health
521
-
1 483
-
total
3 488
-
11 440
-
Corporate
58 603
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.

11 134
17 005
-
-
total
11 134
17 005
-
-
Dividends
47 468
72 495
-
-
withholding
7 217
15 351
-
-
total
7 217
15 351
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 500
32 356
39 181
31 154
After tax
60 000
57 144
50 319
58 346
Living cost
19 749
19 749
19 749
19 749
Free-cash
40 251
37 395
30 570
38 597

Estimated living cost  is ₴19749 per week

₴14795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴3266
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
₴8130
₴22162
₴38583
₴35044
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
city
-
-
-
943
pensions
-
-
-
8 235
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
-
-
-
4 857
health
-
-
-
201
national
-
-
-
2 094
total
-
-
-
18 120
Employee
38 381
-
80 393
-
city
412
-
868
-
regional
1 257
-
4 282
-
health
87
-
181
-
pensions
3 224
-
6 433
-
unemployment
-
-
-
-
national
182
-
1 673
-
total
5 162
-
13 437
-
Employer
38 381
-
80 393
-
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.

767
-
1 608
-
unemployment
-
-
-
-
pensions
3 224
-
6 433
-
health
87
-
181
-
total
4 078
-
8 222
-
Corporate
46 619
89 500
-
-
regional
9 860
18 929
-
-
national
3 962
7 607
-
-
total
13 822
26 536
-
-
Dividends
32 797
62 964
-
-
withholding
11 479
22 037
-
-
total
11 479
22 037
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 541
48 573
21 659
18 120
After tax
54 959
40 927
67 841
71 380
Living cost
32 797
32 797
32 797
32 797
Free-cash
22 162
8 130
35 044
38 583

Estimated living cost  is ₴32797 per week

₴21327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
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.
₴8124
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
₴24525
₴31488
₴24160
₴36085
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
trade
-
-
-
11 925
income

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

-
-
-
29 202
health

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

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

-
-
-
2 934
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.

-
-
-
1 606
total
-
-
-
45 667
Employee

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

25 808
-
89 500
-
health

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

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

2 934
-
2 934
-
surtax

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

167
-
1 606
-
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.

3 035
-
29 202
-
total
6 136
-
33 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 692
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.

526
738
-
-
income
9 553
13 425
-
-
trade
10 923
15 349
-
-
chamber of commerce
155
192
-
-
total
21 157
29 704
-
-
Dividends
42 534
59 796
-
-
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.

576
813
-
-
withholding
10 470
14 785
-
-
total
11 046
15 598
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 339
45 302
33 742
45 667
After tax
51 161
44 198
55 758
43 833
Living cost
19 673
19 673
19 673
19 673
Free-cash
31 488
24 525
36 085
24 160

Estimated living cost  is ₴19673 per week

₴14368
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.
₴256
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.
₴3476
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
₴30416
₴32953
₴34898
₴32731
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
-
-
-
15 728
pensions
-
-
-
14 639
other
-
-
-
2 775
health
-
-
-
4 217
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
39 910
Employee
18 379
-
68 578
-
social contributions
524
-
1 953
-
surtax
-
-
-
-
income
1 085
-
14 149
-
pensions
2 078
-
5 054
-
total
3 687
-
21 156
-
Employer
18 379
-
68 578
-
other
634
-
2 797
-
social contributions
55
-
205
-
unemployment
744
-
2 777
-
pensions
3 019
-
8 458
-
health
1 287
-
6 684
-
total
5 739
-
20 921
-
Corporate
65 381
89 500
-
-
surtax
-
-
-
-
income
18 307
25 060
-
-
total
18 307
25 060
-
-
Dividends
47 075
64 440
-
-
surtax
-
-
-
-
social contributions
8 096
11 084
-
-
withholding
6 026
8 248
-
-
total
14 122
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 855
44 392
42 077
39 910
After tax
47 645
45 108
47 423
49 590
Living cost
14 692
14 692
14 692
14 692
Free-cash
32 953
30 416
32 731
34 898

Estimated living cost  is ₴14692 per week

₴9264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3984
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
₴31871
₴34257
₴36353
₴34186
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
-
-
-
15 728
pensions
-
-
-
14 639
other
-
-
-
2 775
health
-
-
-
4 217
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
39 910
Employee
16 406
-
68 578
-
social contributions
468
-
1 953
-
surtax
-
-
-
-
income
846
-
14 149
-
pensions
1 856
-
5 054
-
total
3 170
-
21 156
-
Employer
16 406
-
68 578
-
other
566
-
2 797
-
social contributions
49
-
205
-
unemployment
664
-
2 777
-
pensions
2 696
-
8 458
-
health
1 148
-
6 684
-
total
5 123
-
20 921
-
Corporate
67 970
89 500
-
-
surtax
-
-
-
-
income
19 032
25 060
-
-
total
19 032
25 060
-
-
Dividends
48 938
64 440
-
-
surtax
-
-
-
-
social contributions
8 417
11 084
-
-
withholding
6 264
8 248
-
-
total
14 681
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
42 006
44 392
42 077
39 910
After tax
47 494
45 108
47 423
49 590
Living cost
13 237
13 237
13 237
13 237
Free-cash
34 257
31 871
34 186
36 353

Estimated living cost  is ₴13237 per week

₴7677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
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.
₴3965
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
₴45498
₴45719
₴48371
₴46118
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
health
-
-
-
6 247
social contributions
-
-
-
12 351
total
-
-
-
32 023
Employee
14 560
-
89 500
-
social contributions
2 010
-
12 351
-
health
1 016
-
6 247
-
income
2 429
-
15 678
-
total
5 455
-
34 276
-
Employer
14 560
-
89 500
-
total
-
-
-
-
Corporate
74 940
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%.

3 747
4 475
-
-
total
3 747
4 475
-
-
Dividends
71 193
85 025
-
-
health
4 969
5 934
-
-
social contributions
9 825
11 733
-
-
withholding
10 679
12 754
-
-
total
25 473
30 421
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 675
34 896
34 276
32 023
After tax
54 825
54 604
55 224
57 477
Living cost
9 106
9 106
9 106
9 106
Free-cash
45 719
45 498
46 118
48 371

Estimated living cost  is ₴9106 per week

₴6094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2240
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
₴34259
₴33591
₴30833
₴8408
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
chamber of commerce
-
-
-
358
income
-
-
-
27 339
pensions
-
-
-
9 281
unemployment
-
-
-
2 634
health
-
-
-
3 838
surtax
-
-
-
85
total
-
-
-
43 535
Employee
21 461
17 114
73 289
-
other
214
171
502
-
health
830
663
1 941
-
income
2 443
1 262
22 750
-
pensions
2 198
1 752
5 137
-
unemployment
644
513
1 505
-
total
6 329
4 361
31 835
-
Employer
21 461
17 114
73 289
-
accident
279
222
652
-
other
1 019
812
3 284
-
chamber of commerce
86
68
293
-
unemployment
644
513
1 505
-
surtax
85
85
85
-
pensions
2 693
2 148
6 296
-
payroll
644
513
2 199
-
health
811
647
1 896
-
total
6 261
5 008
16 210
-
Corporate
61 778
67 376
71 659
-
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.

15 445
16 844
17 915
-
total
15 445
16 844
17 915
-
Dividends
46 334
50 532
-
-
withholding
12 742
13 896
-
-
total
12 742
13 896
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 777
40 109
65 960
43 535
After tax
48 723
49 391
23 540
45 965
Living cost
15 132
15 132
15 132
15 132
Free-cash
33 591
34 259
8 408
30 833

Estimated living cost  is ₴15132 per week

₴10092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3500
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
₴33854
₴27927
₴23234
₴15079
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
national
-
-
-
35 174
communal

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

-
-
-
4 727
social contributions
-
-
-
10 707
total
-
-
-
50 608
Employee

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

30 718
-
69 321
-
communal

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

1 602
-
3 616
-
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.

1 443
-
3 258
-
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.

2 304
-
5 199
-
unemployment

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

267
-
603
-
national
9 444
-
25 908
-
total
15 060
-
38 584
-
Employer

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

30 718
-
69 321
-
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.

399
-
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.

448
-
1 012
-
surtax
3 483
-
7 861
-
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.

2 722
-
6 142
-
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.

1 889
-
4 263
-
total
8 941
-
20 179
-
Corporate
49 841
89 500
-
-
surtax
200
372
-
-
income
9 968
18 620
-
-
total
10 168
18 992
-
-
Dividends
39 673
70 507
-
-
withholding

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

11 746
20 996
-
-
total
11 746
20 996
-
-
Income
89 500
89 500
89 500
89 500
Total tax
45 915
39 988
58 763
50 608
After tax
43 585
49 512
30 737
38 892
Living cost
15 658
15 658
15 658
15 658
Free-cash
27 927
33 854
15 079
23 234

Estimated living cost  is ₴15658 per week

₴10086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
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.
₴3958
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
₴43981
₴41040
₴34562
₴32761
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
-
-
-
359
income
-
-
-
27 487
pensions
-
-
-
11 264
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
39 429
Employee
21 376
-
76 811
-
other
21
-
40
-
income
4 510
-
26 012
-
pensions
1 005
-
1 871
-
unemployment
332
-
617
-
total
5 868
-
28 540
-
Employer
21 376
-
76 811
-
accident
423
-
788
-
other
170
-
319
-
unemployment
1 176
-
2 189
-
pensions
5 044
-
9 394
-
total
6 813
-
12 690
-
Corporate
61 310
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.

9 197
13 425
-
-
total
9 197
13 425
-
-
Dividends
52 114
76 075
-
-
withholding
11 073
16 585
-
-
total
11 073
16 585
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 951
30 010
41 230
39 429
After tax
56 549
59 490
48 270
50 071
Living cost
15 509
15 509
15 509
15 509
Free-cash
41 040
43 981
32 761
34 562

Estimated living cost  is ₴15509 per week

₴11421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
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
₴27918
₴22066
₴19362
₴22929
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
-
-
-
755
income
-
-
-
16 251
pensions
-
-
-
13 415
health
-
-
-
6 287
surtax
-
-
-
4 437
communal
-
-
-
5 656
total
-
-
-
46 801
Employee
32 521
-
79 947
-
health
1 447
-
3 557
-
surtax
1 993
-
4 899
-
income
3 141
-
18 828
-
pensions
2 601
-
6 396
-
total
9 182
-
33 680
-
Employer
32 521
-
79 947
-
accident
293
-
720
-
pensions
2 601
-
6 396
-
health
992
-
2 438
-
total
3 886
-
9 554
-
Corporate
53 094
89 500
-
-
surtax
557
940
-
-
communal
3 584
6 041
-
-
income
7 964
13 425
-
-
total
12 105
20 406
-
-
Dividends
40 988
69 094
-
-
income
12 776
7 475
-
-
withholding
6 148
10 364
-
-
total
18 924
17 839
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 097
38 245
43 234
46 801
After tax
45 403
51 255
46 266
42 699
Living cost
23 337
23 337
23 337
23 337
Free-cash
22 066
27 918
22 929
19 362

Estimated living cost  is ₴23337 per week

₴17506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
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.
₴4169
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
₴46649
₴45285
₴32523
₴29898
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
-
-
-
27 212
pensions
-
-
-
11 463
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 069
surtax
-
-
-
4 489
total
-
-
-
47 331
Employee
14 462
-
77 436
-
other
-
-
-
-
health
369
-
1 461
-
surtax
51
-
3 976
-
income
2 424
-
24 643
-
pensions
965
-
3 823
-
unemployment
1 006
-
3 989
-
total
4 815
-
37 892
-
Employer
14 462
-
77 436
-
other
-
-
-
-
unemployment
459
-
1 816
-
pensions
1 928
-
7 640
-
health
658
-
2 608
-
total
3 045
-
12 064
-
Corporate
71 994
89 500
-
-
income
18 718
23 270
-
-
total
18 718
23 270
-
-
Dividends
53 275
66 230
-
-
withholding
7 991
9 935
-
-
total
7 991
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 569
33 205
49 956
47 331
After tax
54 931
56 295
39 544
42 169
Living cost
9 646
9 646
9 646
9 646
Free-cash
45 285
46 649
29 898
32 523

Estimated living cost  is ₴9646 per week

₴5824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 of data for Athens model

Close
Naples , Italy
₴35475
₴34522
₴30837
₴27215
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
municipal
-
-
-
544
regional
-
-
-
1 381
national
-
-
-
23 677
social contributions
-
-
-
21 493
total
-
-
-
47 095
Employee
23 821
-
89 500
-
social contributions
8 033
-
28 178
-
regional
321
-
1 245
-
municipal
126
-
491
-
national
3 774
-
20 803
-
total
12 254
-
50 717
-
Employer
23 821
-
89 500
-
total
-
-
-
-
Corporate
65 679
89 500
-
-
nationa
15 762
21 480
-
-
municipal
3 265
4 448
-
-
total
19 027
25 928
-
-
Dividends
46 651
63 572
-
-
withholding
12 129
16 529
-
-
total
12 129
16 529
-
-
Income
89 500
89 500
89 500
89 500
Total tax
43 410
42 457
50 717
47 095
After tax
46 090
47 043
38 783
42 405
Living cost
11 568
11 568
11 568
11 568
Free-cash
34 522
35 475
27 215
30 837

Estimated living cost  is ₴11568 per week

₴7194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3004
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
₴48973
₴44460
₴39758
₴35900
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
-
-
-
9 397
health
-
-
-
12 083
solidarity contribution
-
-
-
845
social contributions
-
-
-
14 769
total
-
-
-
37 094
Employee
18 600
-
70 509
-
social contributions
1 209
-
3 288
-
health
2 511
-
9 519
-
solidarity contribution
-
-
499
-
income
2 232
-
8 655
-
total
5 952
-
21 961
-
Employer
18 600
-
70 509
-
social contributions
4 650
-
12 645
-
health
1 674
-
6 346
-
total
6 324
-
18 991
-
Corporate
64 576
89 500
-
-
income
12 270
17 005
-
-
total
12 270
17 005
-
-
Dividends
52 307
72 495
-
-
withholding
7 846
10 874
-
-
total
7 846
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 392
27 879
40 952
37 094
After tax
57 108
61 621
48 548
52 406
Living cost
12 648
12 648
12 648
12 648
Free-cash
44 460
48 973
35 900
39 758

Estimated living cost  is ₴12648 per week

₴9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2323
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
₴35736
₴35522
₴32349
₴9862
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
chamber of commerce
-
-
-
358
income
-
-
-
27 339
pensions
-
-
-
9 281
unemployment
-
-
-
2 634
health
-
-
-
3 838
surtax
-
-
-
-
total
-
-
-
43 450
Employee
18 772
17 114
73 368
-
other
187
171
502
-
health
726
663
1 941
-
income
1 672
1 262
22 788
-
pensions
1 922
1 752
5 137
-
unemployment
563
513
1 505
-
total
5 070
4 361
31 873
-
Employer
18 772
17 114
73 368
-
accident
244
222
652
-
other
892
812
3 287
-
chamber of commerce
75
68
293
-
unemployment
563
513
1 505
-
surtax
-
-
-
-
pensions
2 356
2 148
6 296
-
payroll
563
513
2 201
-
health
710
647
1 896
-
total
5 403
4 923
16 130
-
Corporate
65 326
67 461
71 738
-
income

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

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

16 331
16 865
17 934
-
total
16 331
16 865
17 934
-
Dividends
48 995
50 596
-
-
withholding
13 473
13 914
-
-
total
13 473
13 914
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 277
40 063
65 937
43 450
After tax
49 223
49 437
23 563
46 050
Living cost
13 701
13 701
13 701
13 701
Free-cash
35 522
35 736
9 862
32 349

Estimated living cost  is ₴13701 per week

₴8219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3838
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
₴78926
₴77782
₴82506
₴65501
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
7 624
-
89 500
-
income
1 525
-
17 900
-
total
1 525
-
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%.

81 876
89 500
-
-
total
-
-
-
-
Dividends
81 876
89 500
-
-
withholding
4 094
4 475
-
-
total
4 094
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
5 619
4 475
17 900
895
After tax
83 881
85 025
71 600
88 605
Living cost
6 099
6 099
6 099
6 099
Free-cash
77 782
78 926
65 501
82 506

Estimated living cost  is ₴6099 per week

₴4127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1511
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
₴50103
₴46511
₴30784
₴28841
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
-
-
-
21 912
pensions
-
-
-
16 345
unemployment
-
-
-
134
health
-
-
-
8 807
total
-
-
-
47 198
Employee

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

18 990
-
77 442
-
health
1 226
-
5 003
-
income
3 275
-
19 969
-
pensions
2 944
-
12 003
-
unemployment
27
-
108
-
total
7 472
-
37 083
-
Employer

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

18 990
-
77 442
-
unemployment
11
-
46
-
pensions
1 680
-
6 854
-
health
1 265
-
5 158
-
total
2 956
-
12 058
-
Corporate
67 554
89 500
-
-
income
12 835
17 005
-
-
total
12 835
17 005
-
-
Dividends
54 718
72 495
-
-
withholding
8 208
10 874
-
-
total
8 208
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 471
27 879
49 141
47 198
After tax
58 029
61 621
40 359
42 302
Living cost
11 518
11 518
11 518
11 518
Free-cash
46 511
50 103
28 841
30 784

Estimated living cost  is ₴11518 per week

₴7905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2653
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
₴35900
₴15449
₴43300
₴65292
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
26 601
-
-
-
social contributions
2 181
-
311
-
income
5 868
-
-
-
total
8 049
-
311
-
Employer
26 601
-
-
-
social contributions
37 507
-
5 345
-
total
37 507
-
5 345
-
Corporate
25 392
89 500
-
-
income
5 586
19 690
-
-
total
5 586
19 690
-
-
Dividends
19 806
69 810
-
-
income
4 357
15 358
-
-
total
4 357
15 358
-
-
Income
89 500
89 500
89 500
89 500
Total tax
55 499
35 048
5 656
27 648
After tax
34 001
54 452
83 844
61 852
Living cost
18 552
18 552
18 552
18 552
Free-cash
15 449
35 900
65 292
43 300

Estimated living cost  is ₴18552 per week

₴12037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1745
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.
₴4533
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
₴37438
₴37005
₴33572
₴26788
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
-
-
-
11 357
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
42 458
Employee
19 751
-
72 323
-
social contributions
2 173
-
7 955
-
surtax
-
-
-
-
income
4 108
-
24 111
-
total
6 281
-
32 066
-
Employer
19 751
-
72 323
-
social contributions
4 691
-
17 176
-
total
4 691
-
17 176
-
Corporate
65 059
89 500
-
-
surtax
-
-
-
-
income
13 662
18 795
-
-
total
13 662
18 795
-
-
Dividends
51 396
70 705
-
-
withholding
14 391
19 797
-
-
total
14 391
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 025
38 592
49 242
42 458
After tax
50 475
50 908
40 258
47 042
Living cost
13 470
13 470
13 470
13 470
Free-cash
37 005
37 438
26 788
33 572

Estimated living cost  is ₴13470 per week

₴10078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2372
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
₴24367
₴27317
₴28849
₴26682
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
-
-
-
15 728
pensions
-
-
-
14 639
other
-
-
-
2 775
health
-
-
-
4 217
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
39 910
Employee
26 896
-
68 578
-
social contributions
766
-
1 953
-
surtax
-
-
-
-
income
2 347
-
14 149
-
pensions
3 042
-
5 054
-
total
6 155
-
21 156
-
Employer
26 896
-
68 578
-
other
928
-
2 797
-
social contributions
81
-
205
-
unemployment
1 090
-
2 777
-
pensions
4 419
-
8 458
-
health
1 883
-
6 684
-
total
8 401
-
20 921
-
Corporate
54 203
89 500
-
-
surtax
-
-
-
-
income
15 177
25 060
-
-
total
15 177
25 060
-
-
Dividends
39 027
64 440
-
-
surtax
-
-
-
-
social contributions
6 713
11 084
-
-
withholding
4 996
8 248
-
-
total
11 709
19 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 442
44 392
42 077
39 910
After tax
48 058
45 108
47 423
49 590
Living cost
20 741
20 741
20 741
20 741
Free-cash
27 317
24 367
26 682
28 849

Estimated living cost  is ₴20741 per week

₴14037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1697
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.
₴4723
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
₴67641
₴66198
₴52528
₴54905
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
-
-
-
4 373
social contributions
-
-
-
19 690
total
-
-
-
24 063
Employee
13 806
-
77 489
-
income
-
-
4 638
-
social contributions
897
-
5 037
-
total
897
-
9 675
-
Employer
13 806
-
77 489
-
social contributions
2 140
-
12 011
-
total
2 140
-
12 011
-
Corporate
73 554
89 500
-
-
income
7 356
8 950
-
-
total
7 356
8 950
-
-
Dividends
66 198
80 550
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
10 393
8 950
21 686
24 063
After tax
79 107
80 550
67 814
65 437
Living cost
12 909
12 909
12 909
12 909
Free-cash
66 198
67 641
54 905
52 528

Estimated living cost  is ₴12909 per week

₴8347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
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
-₴4058
-₴4058
₴31305
-₴4058
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
municipal
-
-
-
19 055
pensions
-
-
-
372
national
-
-
-
10 958
labour market
-
-
-
7 130
total
-
-
-
37 515
Employee
87 286
87 286
87 286
-
labour market
6 973
6 973
6 973
-
national
10 664
10 664
10 664
-
municipal
18 587
18 587
18 587
-
pensions
124
124
124
-
total
36 348
36 348
36 348
-
Employer
87 286
87 286
87 286
-
labour market
6 983
6 983
6 983
-
municipal
18 617
18 617
18 617
-
pensions
248
248
248
-
national
10 682
10 682
10 682
-
total
36 530
36 530
36 530
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
72 878
72 878
72 878
37 515
After tax
16 622
16 622
16 622
51 985
Living cost
20 680
20 680
20 680
20 680
Free-cash
-4 058
-4 058
-4 058
31 305

Estimated living cost  is ₴20680 per week

₴14154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4379
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
-₴1992
₴5831
₴51889
₴39879
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
-
-
-
108
income
-
-
-
25 400
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
28 370
Employee
14 536
-
81 447
-
health
1 665
-
9 326
-
income
1 994
-
19 748
-
pensions
1 637
-
3 253
-
total
5 296
-
32 327
-
Employer
14 536
-
81 447
-
accident
243
-
1 360
-
unemployment
356
-
1 996
-
pensions
2 364
-
4 697
-
total
2 963
-
8 053
-
Corporate
72 001
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.

64 801
80 550
-
-
total
64 801
80 550
-
-
Dividends
7 200
8 950
-
-
withholding
1 368
1 701
-
-
total
1 368
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
74 428
82 251
40 380
28 370
After tax
15 072
7 249
49 120
61 130
Living cost
9 241
9 241
9 241
9 241
Free-cash
5 831
-1 992
39 879
51 889

Estimated living cost  is ₴9241 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1814
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
₴38735
₴40059
₴39227
₴28975
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
municipal
-
-
-
15 894
health
-
-
-
1 199
national
-
-
-
16 693
total
-
-
-
33 786
Employee
22 594
-
75 292
-
health
169
-
980
-
municipal
3 701
-
12 258
-
pensions
1 525
-
5 082
-
unemployment
339
-
1 130
-
national
373
-
10 381
-
total
6 107
-
29 831
-
Employer
22 594
-
75 292
-
accident
23
-
75
-
unemployment
147
-
490
-
pensions
3 920
-
13 063
-
health
174
-
579
-
total
4 264
-
14 207
-
Corporate
62 644
89 500
-
-
income
12 529
17 900
-
-
total
12 529
17 900
-
-
Dividends

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

37 586
53 700
-
-
national
3 288
6 712
-
-
municipal
6 766
9 666
-
-
total
10 054
16 378
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 954
34 278
44 038
33 786
After tax
56 546
55 222
45 462
55 714
Living cost
16 487
16 487
16 487
16 487
Free-cash
40 059
38 735
28 975
39 227

Estimated living cost  is ₴16487 per week

₴10769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3870
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
₴55303
₴52967
₴50536
₴49787
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
-
-
-
19 790
health
-
-
-
2 283
social contributions
-
-
-
6 948
total
-
-
-
29 021
Employee
33 022
33 022
84 245
-
social contributions
1 248
2 741
3 697
-
health
256
561
1 432
-
income
3 595
3 057
19 386
-
total
5 099
6 359
24 515
-
Employer
33 022
33 022
84 245
-
social contributions
1 248
2 741
3 697
-
health
278
611
1 558
-
total
1 526
3 352
5 255
-
Corporate
72 931
53 127
-
-
income
9 117
6 641
-
-
total
9 117
6 641
-
-
Dividends
63 814
46 486
-
-
withholding
10 848
7 902
-
-
total
10 848
7 902
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 590
24 254
29 770
29 021
After tax
62 910
65 246
59 730
60 479
Living cost
9 943
9 943
9 943
9 943
Free-cash
52 967
55 303
49 787
50 536

Estimated living cost  is ₴9943 per week

₴5959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2789
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
₴67297
₴65111
₴69164
₴60550
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
-
-
-
9 220
pensions
-
-
-
2 732
unemployment
-
-
-
12
health
-
-
-
1 554
total
-
-
-
13 518
Employee

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

9 857
-
85 303
-
health
838
-
3 463
-
income
674
-
8 156
-
pensions
1 478
-
6 112
-
unemployment
49
-
204
-
total
3 039
-
17 935
-
Employer

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

9 857
-
85 303
-
unemployment
49
-
204
-
pensions
542
-
2 241
-
health
424
-
1 752
-
total
1 015
-
4 197
-
Corporate
78 628
89 500
-
-
income
7 077
8 055
-
-
total
7 077
8 055
-
-
Dividends
71 551
81 445
-
-
withholding
6 440
7 330
-
-
total
6 440
7 330
-
-
Income
89 500
89 500
89 500
89 500
Total tax
17 571
15 385
22 132
13 518
After tax
71 929
74 115
67 368
75 982
Living cost
6 818
6 818
6 818
6 818
Free-cash
65 111
67 297
60 550
69 164

Estimated living cost  is ₴6818 per week

₴4350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴1773
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
₴47681
₴45785
₴38262
₴36461
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
-
-
-
359
income
-
-
-
27 487
pensions
-
-
-
11 264
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
39 429
Employee
15 879
-
76 811
-
other
15
-
40
-
income
3 061
-
26 012
-
pensions
746
-
1 871
-
unemployment
246
-
617
-
total
4 068
-
28 540
-
Employer
15 879
-
76 811
-
accident
315
-
788
-
other
127
-
319
-
unemployment
874
-
2 189
-
pensions
3 747
-
9 394
-
total
5 063
-
12 690
-
Corporate
68 559
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.

10 284
13 425
-
-
total
10 284
13 425
-
-
Dividends
58 275
76 075
-
-
withholding
12 491
16 585
-
-
total
12 491
16 585
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 906
30 010
41 230
39 429
After tax
57 594
59 490
48 270
50 071
Living cost
11 809
11 809
11 809
11 809
Free-cash
45 785
47 681
36 461
38 262

Estimated living cost  is ₴11809 per week

₴7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2496
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
₴54673
₴54479
₴56310
₴56226
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
-
-
-
30 536
pensions
-
-
-
857
health
-
-
-
622
total
-
-
-
32 015
Employee
1 790
-
88 536
-
health
90
-
214
-
income
346
-
30 491
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
615
-
31 134
-
Employer
1 790
-
88 536
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
407
-
total
403
-
965
-
Corporate
87 307
89 500
-
-
income
19 208
19 690
-
-
total
19 208
19 690
-
-
Dividends
68 099
69 810
-
-
withholding
13 620
13 962
-
-
total
13 620
13 962
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 846
33 652
32 099
32 015
After tax
55 654
55 848
57 401
57 485
Living cost
1 175
1 175
1 175
1 175
Free-cash
54 479
54 673
56 226
56 310

Estimated living cost  is ₴1175 per week

₴698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
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
₴57244
₴55134
₴49511
₴49511
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
-
-
-
20 583
pensions
-
-
-
8 244
unemployment
-
-
-
476
health
-
-
-
3 266
total
-
-
-
32 569
Employee

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

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

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

11 188
-
83 825
-
health
576
-
1 633
-
income
1 542
-
20 583
-
pensions
1 566
-
4 439
-
unemployment
84
-
238
-
total
3 768
-
26 893
-
Employer

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

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

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

11 188
-
83 825
-
unemployment
84
-
238
-
pensions
1 343
-
3 805
-
health
576
-
1 633
-
total
2 003
-
5 676
-
Corporate
76 309
89 500
-
-
income
11 446
13 425
-
-
total
11 446
13 425
-
-
Dividends
64 863
76 075
-
-
withholding
9 729
11 411
-
-
total
9 729
11 411
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 946
24 836
32 569
32 569
After tax
62 554
64 664
56 931
56 931
Living cost
7 420
7 420
7 420
7 420
Free-cash
55 134
57 244
49 511
49 511

Estimated living cost  is ₴7420 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1635
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
₴39331
₴39176
₴35465
₴28681
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
-
-
-
11 357
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
42 458
Employee
16 667
-
72 323
-
social contributions
1 834
-
7 955
-
surtax
-
-
-
-
income
3 257
-
24 111
-
total
5 091
-
32 066
-
Employer
16 667
-
72 323
-
social contributions
3 958
-
17 176
-
total
3 958
-
17 176
-
Corporate
68 874
89 500
-
-
surtax
-
-
-
-
income
14 463
18 795
-
-
total
14 463
18 795
-
-
Dividends
54 411
70 705
-
-
withholding
15 235
19 797
-
-
total
15 235
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 747
38 592
49 242
42 458
After tax
50 753
50 908
40 258
47 042
Living cost
11 577
11 577
11 577
11 577
Free-cash
39 176
39 331
28 681
35 465

Estimated living cost  is ₴11577 per week

₴8200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2368
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
₴44398
₴41588
₴34979
₴33178
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
-
-
-
359
income
-
-
-
27 487
pensions
-
-
-
11 264
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
39 429
Employee
20 740
-
76 811
-
other
20
-
40
-
income
4 332
-
26 012
-
pensions
975
-
1 871
-
unemployment
321
-
617
-
total
5 648
-
28 540
-
Employer
20 740
-
76 811
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 189
-
pensions
4 895
-
9 394
-
total
6 613
-
12 690
-
Corporate
62 148
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.

9 322
13 425
-
-
total
9 322
13 425
-
-
Dividends
52 826
76 075
-
-
withholding
11 237
16 585
-
-
total
11 237
16 585
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 820
30 010
41 230
39 429
After tax
56 680
59 490
48 270
50 071
Living cost
15 092
15 092
15 092
15 092
Free-cash
41 588
44 398
33 178
34 979

Estimated living cost  is ₴15092 per week

₴10839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2868
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
₴69137
₴66520
₴64684
₴68343
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
17 430
Employee
9 780
-
86 558
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
978
-
8 656
-
pensions

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

859
-
1 317
-
total
2 394
-
10 828
-
Employer
9 780
-
86 558
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 653
-
health
675
-
1 035
-
total
1 919
-
2 943
-
Corporate
77 801
89 500
-
-
income
7 780
8 950
-
-
total
7 780
8 950
-
-
Dividends
70 021
80 550
-
-
withholding
3 501
4 027
-
-
total
3 501
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
15 594
12 977
13 771
17 430
After tax
73 906
76 523
75 729
72 070
Living cost
7 386
7 386
7 386
7 386
Free-cash
66 520
69 137
68 343
64 684

Estimated living cost  is ₴7386 per week

₴4885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1902
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
₴29460
₴35077
₴29201
₴39179
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
trade
-
-
-
9 978
income

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

-
-
-
29 202
health

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

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

-
-
-
2 934
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.

-
-
-
1 606
total
-
-
-
43 720
Employee

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

21 367
-
89 500
-
health

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

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

2 934
-
2 934
-
surtax

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

97
-
1 606
-
income

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

1 757
-
29 202
-
total
4 788
-
33 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 133
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.

562
738
-
-
income
10 220
13 425
-
-
trade
9 777
12 843
-
-
chamber of commerce
165
196
-
-
total
20 724
27 202
-
-
Dividends
47 408
62 297
-
-
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.

643
848
-
-
withholding
11 689
15 411
-
-
total
12 332
16 259
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 844
43 461
33 742
43 720
After tax
51 656
46 039
55 758
45 780
Living cost
16 579
16 579
16 579
16 579
Free-cash
35 077
29 460
39 179
29 201

Estimated living cost  is ₴16579 per week

₴11437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1784
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.
₴3118
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
₴38188
₴39134
₴21082
₴21082
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
-
-
-
28 702
social contributions
-
-
-
15 253
total
-
-
-
43 955
Employee
33 591
-
89 500
-
income
6 339
-
28 702
-
social contributions
2 791
-
15 253
-
total
9 130
-
43 955
-
Employer
33 591
-
89 500
-
total
-
-
-
-
Corporate
55 909
89 500
-
-
income
6 989
11 187
-
-
total
6 989
11 187
-
-
Dividends
48 920
78 313
-
-
withholding
9 784
15 662
-
-
total
9 784
15 662
-
-
Income
89 500
89 500
89 500
89 500
Total tax
25 903
26 849
43 955
43 955
After tax
63 597
62 651
45 545
45 545
Living cost
24 463
24 463
24 463
24 463
Free-cash
39 134
38 188
21 082
21 082

Estimated living cost  is ₴24463 per week

₴18611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1993
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.
₴3625
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
₴40317
₴41817
₴57608
₴47202
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
-
-
-
13 425
health

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

-
-
-
2 878
total
-
-
-
16 303
Employee
19 700
-
87 525
-
income
2 138
-
22 759
-
social contributions
1 974
-
1 975
-
total
4 112
-
24 734
-
Employer
19 700
-
87 525
-
social contributions
1 974
-
1 975
-
total
1 974
-
1 975
-
Corporate
67 826
89 500
-
-
income
23 739
31 325
-
-
total
23 739
31 325
-
-
Dividends
44 087
58 175
-
-
social contributions
2 269
2 269
-
-
total
2 269
2 269
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 094
33 594
26 709
16 303
After tax
57 406
55 906
62 791
73 197
Living cost
15 589
15 589
15 589
15 589
Free-cash
41 817
40 317
47 202
57 608

Estimated living cost  is ₴15589 per week

₴10268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴3852
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
₴41089
₴43649
₴42291
₴34264
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
-
-
-
26 998
pensions
-
-
-
4 156
total
-
-
-
31 154
Employee
22 038
-
78 060
-
health
287
-
1 080
-
income
4 013
-
21 647
-
pensions
1 682
-
5 014
-
total
5 982
-
27 741
-
Employer
22 038
-
78 060
-
pensions
2 227
-
9 957
-
health
419
-
1 483
-
total
2 646
-
11 440
-
Corporate
64 817
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.

12 315
17 005
-
-
total
12 315
17 005
-
-
Dividends
52 502
72 495
-
-
withholding
8 853
15 351
-
-
total
8 853
15 351
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 796
32 356
39 181
31 154
After tax
59 704
57 144
50 319
58 346
Living cost
16 055
16 055
16 055
16 055
Free-cash
43 649
41 089
34 264
42 291

Estimated living cost  is ₴16055 per week

₴11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3363
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
-₴2907
₴5692
₴50974
₴38964
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
-
-
-
108
income
-
-
-
25 400
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
28 370
Employee
15 975
-
81 447
-
health
1 829
-
9 326
-
income
2 192
-
19 748
-
pensions
1 799
-
3 253
-
total
5 820
-
32 327
-
Employer
15 975
-
81 447
-
accident
267
-
1 360
-
unemployment
391
-
1 996
-
pensions
2 597
-
4 697
-
total
3 255
-
8 053
-
Corporate
70 269
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.

63 242
80 550
-
-
total
63 242
80 550
-
-
Dividends
7 027
8 950
-
-
withholding
1 335
1 701
-
-
total
1 335
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
73 652
82 251
40 380
28 370
After tax
15 848
7 249
49 120
61 130
Living cost
10 156
10 156
10 156
10 156
Free-cash
5 692
-2 907
38 964
50 974

Estimated living cost  is ₴10156 per week

₴7453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴62680
₴61384
₴49902
₴59324
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
work injury
-
-
-
343
health insurance
-
-
-
5 070
income
-
-
-
14 969
pensions
-
-
-
12 607
unemployment
-
-
-
822
total
-
-
-
33 811
Employee

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

9 259
-
89 500
-
work injury
46
-
171
-
income
926
-
14 969
-
pensions
1 704
-
6 303
-
health insurance
685
-
2 535
-
unemployment
111
-
411
-
total
3 472
-
24 389
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 241
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%.

8 024
8 950
-
-
total
8 024
8 950
-
-
Dividends
72 217
80 550
-
-
withholding
10 833
12 083
-
-
total
10 833
12 083
-
-
Income
89 500
89 500
89 500
89 500
Total tax
22 329
21 033
24 389
33 811
After tax
67 171
68 467
65 111
55 689
Living cost
5 787
5 787
5 787
5 787
Free-cash
61 384
62 680
59 324
49 902

Estimated living cost  is ₴5787 per week

₴3585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
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.
₴1601
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
₴30034
₴28083
₴24489
₴20961
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
municipal
-
-
-
612
regional
-
-
-
2 121
national
-
-
-
23 677
social contributions
-
-
-
21 493
total
-
-
-
47 903
Employee
36 187
-
89 500
-
social contributions
12 202
-
28 178
-
regional
546
-
1 898
-
municipal
216
-
552
-
national
6 115
-
20 803
-
total
19 079
-
51 431
-
Employer
36 187
-
89 500
-
total
-
-
-
-
Corporate
53 313
89 500
-
-
nationa
12 795
21 480
-
-
municipal
2 569
4 314
-
-
total
15 364
25 794
-
-
Dividends
37 948
63 706
-
-
withholding
9 866
16 564
-
-
total
9 866
16 564
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 309
42 358
51 431
47 903
After tax
45 191
47 142
38 069
41 597
Living cost
17 108
17 108
17 108
17 108
Free-cash
28 083
30 034
20 961
24 489

Estimated living cost  is ₴17108 per week

₴12017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
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.
₴3655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close