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
₴ 90500
per

Your estimated
City
free-cash

Dresden , Germany
₴32203
₴43317
₴37375
₴32631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
11 114
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.

-
-
-
2 930
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.

-
-
-
29 634
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.

-
-
-
1 630
total
-
-
-
45 308
Employee

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

16 401
-
90 500
-
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.

25
-
1 630
-
income

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

458
-
29 634
-
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.

2 930
-
2 930
-
total
3 413
-
34 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 099
90 500
-
-
trade
11 670
14 254
-
-
surtax

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

611
747
-
-
income
11 114
13 575
-
-
chamber of commerce
172
195
-
-
total
23 567
28 771
-
-
Dividends
50 531
61 729
-
-
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.

686
840
-
-
withholding
12 470
15 269
-
-
total
13 156
16 109
-
-
Income
90 500
90 500
90 500
90 500
Total tax
40 136
44 880
34 194
45 308
After tax
50 364
45 620
56 306
45 192
Living cost
12 989
12 989
12 989
12 989
Free-cash
37 375
32 631
43 317
32 203

Estimated living cost  is ₴12989 per week

₴8170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1514
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.
₴3061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30320
₴30806
₴34478
₴34839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
973
municipal
-
-
-
10 023
national
-
-
-
16 691
pensions
-
-
-
10 860
total
-
-
-
38 547
Employee
33 535
-
78 236
-
pensions
1 341
-
3 129
-
national
6 419
-
17 459
-
municipal
4 142
-
10 373
-
total
11 902
-
30 961
-
Employer
33 535
-
78 236
-
pensions
2 683
-
6 259
-
social contributions
361
-
841
-
total
3 044
-
7 100
-
Corporate
51 708
90 500
-
-
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%.

10 342
18 100
-
-
total
10 342
18 100
-
-
Dividends
41 367
72 400
-
-
withholding
9 101
15 928
-
-
total
9 101
15 928
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 389
34 028
38 061
38 547
After tax
56 111
56 472
52 439
51 953
Living cost
21 633
21 633
21 633
21 633
Free-cash
34 478
34 839
30 806
30 320

Estimated living cost  is ₴21633 per week

₴14704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
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.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴23594
₴30112
₴59961
₴63479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
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.

-
-
-
16 430
income
-
-
-
18 477
microenterprise
-
-
-
-
surtax
-
-
-
23 078
total
-
-
-
57 985
Employee
12 530
-
70 440
-
income
2 231
-
15 572
-
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.

1 379
-
5 621
-
surtax
-
-
10 214
-
total
3 610
-
31 407
-
Employer
12 530
-
70 440
-
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.

3 018
-
12 311
-
surtax
-
-
7 749
-
total
3 018
-
20 060
-
Corporate
74 951
90 500
-
-
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%.

14 990
18 100
-
-
total
14 990
18 100
-
-
Dividends

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

59 961
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
21 618
18 100
51 467
57 985
After tax
68 882
72 400
39 033
32 515
Living cost
8 921
8 921
8 921
8 921
Free-cash
59 961
63 479
30 112
23 594

Estimated living cost  is ₴8921 per week

₴5691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴850
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.
₴2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30958
₴39926
₴24438
₴27067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
health
-
-
-
5 288
income
-
-
-
31 266
pensions
-
-
-
5 024
total
-
-
-
41 578
Employee
36 619
36 619
82 531
-
income

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

5 994
5 994
14 329
-
pensions
6 591
5 024
5 024
-
health
5 621
4 781
5 288
-
total
18 206
15 799
24 641
-
Employer
36 619
36 619
82 531
-
pensions
2 549
2 549
3 168
-
health
2 545
2 545
3 163
-
unemployment
1 318
1 318
1 638
-
total
6 412
6 412
7 969
-
Corporate
47 917
47 468
-
-
income
9 584
9 493
-
-
total
9 584
9 493
-
-
Dividends
38 334
37 975
-
-
withholding
5 750
5 696
-
-
income
8 146
8 069
-
-
total
13 896
13 765
-
-
Income
90 500
90 500
90 500
90 500
Total tax
48 098
45 469
32 610
41 578
After tax
42 402
45 031
57 890
48 922
Living cost
17 964
17 964
17 964
17 964
Free-cash
24 438
27 067
39 926
30 958

Estimated living cost  is ₴17964 per week

₴12731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1619
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.
₴3328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28890
₴28490
₴32554
₴32924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
4 199
unemployment
-
-
-
36
accident
-
-
-
72
municipal
-
-
-
23 865
health
-
-
-
2 255
national
-
-
-
10 787
pensions
-
-
-
3 907
total
-
-
-
45 121
Employee
23 495
-
79 145
-
national
-
-
10 565
-
municipal
7 006
-
23 601
-
total
7 006
-
34 166
-
Employer
23 495
-
79 145
-
pensions
2 540
-
3 907
-
other
2 730
-
4 199
-
accident
47
-
72
-
health
1 445
-
2 223
-
unemployment
620
-
954
-
total
7 382
-
11 355
-
Corporate
59 622
90 500
-
-
income
13 117
19 910
-
-
total
13 117
19 910
-
-
Dividends
46 505
70 590
-
-
withholding
13 952
21 177
-
-
total
13 952
21 177
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 457
41 087
45 521
45 121
After tax
49 043
49 413
44 979
45 379
Living cost
16 489
16 489
16 489
16 489
Free-cash
32 554
32 924
28 490
28 890

Estimated living cost  is ₴16489 per week

₴10928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
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.
₴3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27852
₴39460
₴34334
₴28308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
11 608
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.

-
-
-
2 930
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.

-
-
-
29 634
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.

-
-
-
1 630
total
-
-
-
45 802
Employee

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

21 746
-
90 500
-
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.

103
-
1 630
-
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.

1 868
-
29 634
-
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.

2 930
-
2 930
-
total
4 901
-
34 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 754
90 500
-
-
trade
11 310
14 887
-
-
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.

567
747
-
-
income
10 313
13 575
-
-
chamber of commerce
163
194
-
-
total
22 353
29 403
-
-
Dividends
46 401
61 097
-
-
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.

629
831
-
-
withholding
11 437
15 112
-
-
total
12 066
15 943
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 320
45 346
34 194
45 802
After tax
51 180
45 154
56 306
44 698
Living cost
16 846
16 846
16 846
16 846
Free-cash
34 334
28 308
39 460
27 852

Estimated living cost  is ₴16846 per week

₴11267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1776
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.
₴3551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴47199
₴46444
₴50285
₴52062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
6 938
health
-
-
-
2 308
income
-
-
-
20 146
total
-
-
-
29 392
Employee
32 974
32 974
85 232
-
income
3 463
3 052
19 739
-
social contributions
1 602
2 737
3 691
-
health
328
561
1 449
-
total
5 393
6 350
24 879
-
Employer
32 974
32 974
85 232
-
health
357
610
1 577
-
social contributions
1 602
2 737
3 691
-
total
1 959
3 347
5 268
-
Corporate
69 239
54 179
-
-
income
8 655
6 772
-
-
total
8 655
6 772
-
-
Dividends
60 584
47 407
-
-
withholding
10 299
8 060
-
-
total
10 299
8 060
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 306
24 529
30 147
29 392
After tax
64 194
65 971
60 353
61 108
Living cost
13 909
13 909
13 909
13 909
Free-cash
50 285
52 062
46 444
47 199

Estimated living cost  is ₴13909 per week

₴9508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1086
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.
₴3081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴54872
₴44643
₴43150
₴42987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
1 358
health
-
-
-
6 335
income
-
-
-
11 064
pensions
-
-
-
9 050
total
-
-
-
27 807
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.

11 289
4 493
75 732
-
income
1 380
549
9 258
-
pensions
1 129
449
7 573
-
unemployment
169
67
1 136
-
health
790
315
5 301
-
total
3 468
1 380
23 268
-
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.

11 289
4 493
75 732
-
pensions
2 201
876
14 768
-
total
2 201
876
14 768
-
Corporate
77 009
85 131
-
-
income
6 931
7 662
-
-
total
6 931
7 662
-
-
Dividends
70 079
77 469
-
-
social contributions
13 614
15 055
-
-
withholding
13 315
14 719
-
-
total
26 929
29 774
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 529
39 692
38 036
27 807
After tax
50 971
50 808
52 464
62 693
Living cost
7 821
7 821
7 821
7 821
Free-cash
43 150
42 987
44 643
54 872

Estimated living cost  is ₴7821 per week

₴5337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38150
₴41805
₴59378
₴62042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
health
-
-
-
11 765
income
-
-
-
12 127
pensions
-
-
-
18 100
total
-
-
-
41 992
Employee
12 165
-
67 638
-
income
1 370
-
13 041
-
pensions
243
-
1 352
-
unemployment
194
-
1 082
-
total
1 807
-
15 475
-
Employer
12 165
-
67 638
-
pensions
2 433
-
13 528
-
health
1 581
-
8 793
-
unemployment
98
-
541
-
total
4 112
-
22 862
-
Corporate
74 223
90 500
-
-
income
14 845
18 100
-
-
total
14 845
18 100
-
-
Dividends
59 378
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
20 764
18 100
38 337
41 992
After tax
69 736
72 400
52 163
48 508
Living cost
10 358
10 358
10 358
10 358
Free-cash
59 378
62 042
41 805
38 150

Estimated living cost  is ₴10358 per week

₴7104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52413
₴40296
₴5889
-₴2067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
25 714
pensions
-
-
-
1 777
total
-
-
-
28 689
Employee
14 784
-
82 399
-
income
2 028
-
20 011
-
pensions
1 665
-
3 259
-
health
1 693
-
9 435
-
total
5 386
-
32 705
-
Employer
14 784
-
82 399
-
pensions
2 404
-
4 706
-
accident
247
-
1 376
-
unemployment
362
-
2 019
-
total
3 013
-
8 101
-
Corporate
72 703
90 500
-
-
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.

65 433
81 450
-
-
total
65 433
81 450
-
-
Dividends
7 270
9 050
-
-
withholding
1 381
1 719
-
-
total
1 381
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
75 213
83 169
40 806
28 689
After tax
15 287
7 331
49 694
61 811
Living cost
9 398
9 398
9 398
9 398
Free-cash
5 889
-2 067
40 296
52 413

Estimated living cost  is ₴9398 per week

₴6888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
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.
₴1793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴85731
₴68536
₴81386
₴82111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
90 500
microenterprise

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

-
-
-
905
total
-
-
-
905
Employee
4 830
-
90 500
-
income
966
-
18 100
-
total
966
-
18 100
-
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%.

85 670
90 500
-
-
total
-
-
-
-
Dividends
85 670
90 500
-
-
withholding
4 284
4 525
-
-
total
4 284
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 250
4 525
18 100
905
After tax
85 250
85 975
72 400
89 595
Living cost
3 864
3 864
3 864
3 864
Free-cash
81 386
82 111
68 536
85 731

Estimated living cost  is ₴3864 per week

₴2395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42052
₴41290
₴52169
₴55064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
3 097
health
-
-
-
2 869
income
-
-
-
15 406
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.

-
-
-
15 650
total
-
-
-
37 022
Employee
15 570
-
73 998
-
income
2 681
-
15 152
-
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.

1 090
-
4 564
-
unemployment
155
-
652
-
health
218
-
913
-
total
4 144
-
21 281
-
Employer
15 570
-
73 998
-
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.

2 647
-
11 086
-
other
779
-
3 260
-
accident
125
-
592
-
health
218
-
913
-
unemployment
155
-
652
-
total
3 924
-
16 503
-
Corporate
71 006
90 500
-
-
income
14 911
19 005
-
-
total
14 911
19 005
-
-
Dividends
56 095
71 495
-
-
withholding
3 926
5 005
-
-
total
3 926
5 005
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 905
24 010
37 784
37 022
After tax
63 595
66 490
52 716
53 478
Living cost
11 426
11 426
11 426
11 426
Free-cash
52 169
55 064
41 290
42 052

Estimated living cost  is ₴11426 per week

₴8073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
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.
₴2397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30078
₴21966
₴32303
₴28830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 408
pensions
-
-
-
4 171
total
-
-
-
31 579
Employee
40 808
-
78 922
-
income
7 356
-
22 001
-
pensions
3 937
-
5 024
-
health
672
-
1 088
-
total
11 965
-
28 113
-
Employer
40 808
-
78 922
-
pensions
4 818
-
10 078
-
health
775
-
1 500
-
total
5 593
-
11 578
-
Corporate
44 099
90 500
-
-
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.

8 379
17 195
-
-
total
8 379
17 195
-
-
Dividends
35 720
73 305
-
-
withholding
3 417
15 632
-
-
total
3 417
15 632
-
-
Income
90 500
90 500
90 500
90 500
Total tax
29 354
32 827
39 691
31 579
After tax
61 146
57 673
50 809
58 921
Living cost
28 843
28 843
28 843
28 843
Free-cash
32 303
28 830
21 966
30 078

Estimated living cost  is ₴28843 per week

₴21612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3389
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.
₴3607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴67306
₴71016
₴69765
₴71756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
60
health
-
-
-
1 722
income
-
-
-
13 575
pensions

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

-
-
-
2 216
total
-
-
-
17 573
Employee
7 443
-
87 562
-
income
744
-
8 756
-
pensions

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

654
-
1 315
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
total
1 822
-
10 925
-
Employer
7 443
-
87 562
-
pensions

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

820
-
1 650
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
health
514
-
1 033
-
unemployment
45
-
90
-
total
1 461
-
2 938
-
Corporate
81 596
90 500
-
-
income
8 159
9 050
-
-
total
8 159
9 050
-
-
Dividends
73 437
81 450
-
-
withholding
3 672
4 073
-
-
total
3 672
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
15 114
13 123
13 863
17 573
After tax
75 386
77 377
76 637
72 927
Living cost
5 621
5 621
5 621
5 621
Free-cash
69 765
71 756
71 016
67 306

Estimated living cost  is ₴5621 per week

₴3282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴25143
₴34111
₴22329
₴21252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
health
-
-
-
5 288
income
-
-
-
31 266
pensions
-
-
-
5 024
total
-
-
-
41 578
Employee
39 757
36 619
82 531
-
income

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

5 994
5 994
14 329
-
pensions
5 024
5 024
5 024
-
health
4 960
4 781
5 288
-
total
15 978
15 799
24 641
-
Employer
39 757
36 619
82 531
-
pensions
2 767
2 549
3 168
-
health
2 763
2 545
3 163
-
unemployment
1 431
1 318
1 638
-
total
6 961
6 412
7 969
-
Corporate
43 782
47 468
-
-
income
8 756
9 493
-
-
total
8 756
9 493
-
-
Dividends
35 026
37 975
-
-
withholding
5 254
5 696
-
-
income
7 443
8 069
-
-
total
12 697
13 765
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 392
45 469
32 610
41 578
After tax
46 108
45 031
57 890
48 922
Living cost
23 779
23 779
23 779
23 779
Free-cash
22 329
21 252
34 111
25 143

Estimated living cost  is ₴23779 per week

₴17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2124
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.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴42756
₴38847
₴48339
₴52011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
14 818
health
-
-
-
12 218
income
-
-
-
9 520
solidarity contribution
-
-
-
890
total
-
-
-
37 446
Employee
15 144
-
71 388
-
income
1 817
-
8 768
-
solidarity contribution
-
-
539
-
social contributions
984
-
3 299
-
health
2 044
-
9 637
-
total
4 845
-
22 243
-
Employer
15 144
-
71 388
-
health
1 363
-
6 425
-
social contributions
3 786
-
12 687
-
total
5 149
-
19 112
-
Corporate
70 207
90 500
-
-
income
13 339
17 195
-
-
total
13 339
17 195
-
-
Dividends
56 868
73 305
-
-
withholding
8 530
10 996
-
-
total
8 530
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
31 863
28 191
41 355
37 446
After tax
58 637
62 309
49 145
53 054
Living cost
10 298
10 298
10 298
10 298
Free-cash
48 339
52 011
38 847
42 756

Estimated living cost  is ₴10298 per week

₴7153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
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.
₴2210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25146
₴21511
₴27952
₴30191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
21 462
municipal
-
-
-
553
national
-
-
-
24 128
regional
-
-
-
1 116
total
-
-
-
47 259
Employee
38 111
-
90 500
-
national
6 604
-
21 258
-
social contributions
12 851
-
28 137
-
municipal
202
-
499
-
regional
360
-
1 000
-
total
20 017
-
50 894
-
Employer
38 111
-
90 500
-
total
-
-
-
-
Corporate
52 389
90 500
-
-
nationa
12 573
21 720
-
-
municipal
2 043
3 529
-
-
total
14 616
25 249
-
-
Dividends
37 772
65 251
-
-
withholding
9 820
16 965
-
-
total
9 820
16 965
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 453
42 214
50 894
47 259
After tax
46 047
48 286
39 606
43 241
Living cost
18 095
18 095
18 095
18 095
Free-cash
27 952
30 191
21 511
25 146

Estimated living cost  is ₴18095 per week

₴12613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33165
₴30544
₴46128
₴47461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 063
income
-
-
-
27 680
surtax
-
-
-
4 585
pensions
-
-
-
11 446
total
-
-
-
47 872
Employee
14 181
-
78 453
-
income
2 377
-
25 115
-
pensions
946
-
3 817
-
unemployment
987
-
3 983
-
health
362
-
1 459
-
other
-
-
-
-
surtax
46
-
4 072
-
total
4 718
-
38 446
-
Employer
14 181
-
78 453
-
pensions
1 890
-
7 629
-
other
-
-
-
-
health
645
-
2 604
-
unemployment
449
-
1 814
-
total
2 984
-
12 047
-
Corporate
73 334
90 500
-
-
income
19 067
23 530
-
-
total
19 067
23 530
-
-
Dividends
54 267
66 970
-
-
withholding
8 140
10 046
-
-
total
8 140
10 046
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 909
33 576
50 493
47 872
After tax
55 591
56 924
40 007
42 628
Living cost
9 463
9 463
9 463
9 463
Free-cash
46 128
47 461
30 544
33 165

Estimated living cost  is ₴9463 per week

₴5786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39216
₴31104
₴40816
₴37968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 408
pensions
-
-
-
4 171
total
-
-
-
31 579
Employee
27 348
-
78 922
-
income
4 926
-
22 001
-
pensions
2 321
-
5 024
-
health
397
-
1 088
-
total
7 644
-
28 113
-
Employer
27 348
-
78 922
-
pensions
2 960
-
10 078
-
health
520
-
1 500
-
total
3 480
-
11 578
-
Corporate
59 672
90 500
-
-
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.

11 338
17 195
-
-
total
11 338
17 195
-
-
Dividends
48 334
73 305
-
-
withholding
7 517
15 632
-
-
total
7 517
15 632
-
-
Income
90 500
90 500
90 500
90 500
Total tax
29 979
32 827
39 691
31 579
After tax
60 521
57 673
50 809
58 921
Living cost
19 705
19 705
19 705
19 705
Free-cash
40 816
37 968
31 104
39 216

Estimated living cost  is ₴19705 per week

₴14763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴39641
₴36151
₴22838
₴8970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 810
health
-
-
-
204
city
-
-
-
954
national
-
-
-
2 188
regional
-
-
-
4 963
pensions
-
-
-
8 326
total
-
-
-
18 445
Employee
37 933
-
81 344
-
pensions
3 187
-
6 451
-
national
180
-
1 770
-
unemployment
-
-
-
-
city
407
-
878
-
health
86
-
183
-
regional
1 242
-
4 392
-
total
5 102
-
13 674
-
Employer
37 933
-
81 344
-
pensions
3 187
-
6 451
-
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.

758
-
1 627
-
health
86
-
183
-
unemployment
-
-
-
-
total
4 031
-
8 261
-
Corporate
48 119
90 500
-
-
regional
10 177
19 141
-
-
national
4 090
7 692
-
-
total
14 267
26 833
-
-
Dividends
33 851
63 666
-
-
withholding
11 848
22 283
-
-
total
11 848
22 283
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 248
49 116
21 935
18 445
After tax
55 252
41 384
68 565
72 055
Living cost
32 414
32 414
32 414
32 414
Free-cash
22 838
8 970
36 151
39 641

Estimated living cost  is ₴32414 per week

₴21078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24561
₴36662
₴32000
₴25044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
12 101
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.

-
-
-
2 930
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.

-
-
-
29 634
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.

-
-
-
1 630
total
-
-
-
46 295
Employee

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

25 771
-
90 500
-
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.

167
-
1 630
-
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.

3 030
-
29 634
-
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.

2 930
-
2 930
-
total
6 127
-
34 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 729
90 500
-
-
trade
11 101
15 521
-
-
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.

534
747
-
-
income
9 709
13 575
-
-
chamber of commerce
156
193
-
-
total
21 500
30 036
-
-
Dividends
43 228
60 464
-
-
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.

585
823
-
-
withholding
10 644
14 953
-
-
total
11 229
15 776
-
-
Income
90 500
90 500
90 500
90 500
Total tax
38 856
45 812
34 194
46 295
After tax
51 644
44 688
56 306
44 205
Living cost
19 644
19 644
19 644
19 644
Free-cash
32 000
25 044
36 662
24 561

Estimated living cost  is ₴19644 per week

₴14347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1571
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.
₴3471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35370
₴33096
₴33475
₴30942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
2 806
social contributions
-
-
-
2 578
health
-
-
-
4 293
income
-
-
-
16 071
surtax
-
-
-
-
pensions
-
-
-
14 711
total
-
-
-
40 459
Employee
18 353
-
69 291
-
income
1 083
-
14 420
-
pensions
2 075
-
5 130
-
social contributions
523
-
1 974
-
surtax
-
-
-
-
total
3 681
-
21 524
-
Employer
18 353
-
69 291
-
pensions
3 015
-
8 580
-
other
633
-
2 835
-
health
1 285
-
6 779
-
unemployment
743
-
2 807
-
social contributions
55
-
208
-
total
5 731
-
21 209
-
Corporate
66 416
90 500
-
-
surtax
-
-
-
-
income
18 596
25 340
-
-
total
18 596
25 340
-
-
Dividends
47 820
65 160
-
-
surtax
-
-
-
-
social contributions
8 225
11 207
-
-
withholding
6 121
8 340
-
-
total
14 346
19 547
-
-
Income
90 500
90 500
90 500
90 500
Total tax
42 354
44 887
42 733
40 459
After tax
48 146
45 613
47 767
50 041
Living cost
14 671
14 671
14 671
14 671
Free-cash
33 475
30 942
33 096
35 370

Estimated living cost  is ₴14671 per week

₴9251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1193
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.
₴3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36823
₴34549
₴34775
₴32395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
2 806
social contributions
-
-
-
2 578
health
-
-
-
4 293
income
-
-
-
16 071
surtax
-
-
-
-
pensions
-
-
-
14 711
total
-
-
-
40 459
Employee
16 382
-
69 291
-
income
845
-
14 420
-
pensions
1 853
-
5 130
-
social contributions
467
-
1 974
-
surtax
-
-
-
-
total
3 165
-
21 524
-
Employer
16 382
-
69 291
-
pensions
2 692
-
8 580
-
other
566
-
2 835
-
health
1 147
-
6 779
-
unemployment
663
-
2 807
-
social contributions
49
-
208
-
total
5 117
-
21 209
-
Corporate
69 001
90 500
-
-
surtax
-
-
-
-
income
19 320
25 340
-
-
total
19 320
25 340
-
-
Dividends
49 681
65 160
-
-
surtax
-
-
-
-
social contributions
8 545
11 207
-
-
withholding
6 360
8 340
-
-
total
14 905
19 547
-
-
Income
90 500
90 500
90 500
90 500
Total tax
42 507
44 887
42 733
40 459
After tax
47 993
45 613
47 767
50 041
Living cost
13 218
13 218
13 218
13 218
Free-cash
34 775
32 395
34 549
36 823

Estimated living cost  is ₴13218 per week

₴7666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1343
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.
₴3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴49026
₴46720
₴46341
₴46119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
12 489
health
-
-
-
6 317
income
-
-
-
13 575
total
-
-
-
32 381
Employee
14 539
-
90 500
-
income
2 425
-
15 881
-
social contributions
2 007
-
12 489
-
health
1 015
-
6 317
-
total
5 447
-
34 687
-
Employer
14 539
-
90 500
-
total
-
-
-
-
Corporate
75 961
90 500
-
-
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%.

3 798
4 525
-
-
total
3 798
4 525
-
-
Dividends
72 163
85 975
-
-
social contributions
9 959
11 865
-
-
health
5 037
6 001
-
-
withholding
10 825
12 897
-
-
total
25 821
30 763
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 066
35 288
34 687
32 381
After tax
55 434
55 212
55 813
58 119
Living cost
9 093
9 093
9 093
9 093
Free-cash
46 341
46 119
46 720
49 026

Estimated living cost  is ₴9093 per week

₴6085
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.
₴2237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31349
₴8679
₴34157
₴34819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
chamber of commerce
-
-
-
362
unemployment
-
-
-
2 630
health
-
-
-
3 832
income
-
-
-
27 864
surtax
-
-
-
85
pensions
-
-
-
9 268
total
-
-
-
44 041
Employee
21 430
17 089
74 235
-
income
2 440
1 261
23 222
-
pensions
2 195
1 750
5 130
-
unemployment
643
513
1 503
-
health
829
662
1 938
-
other
214
171
501
-
total
6 321
4 357
32 294
-
Employer
21 430
17 089
74 235
-
pensions
2 689
2 145
6 287
-
other
1 018
811
3 321
-
accident
278
222
651
-
health
810
646
1 894
-
payroll
643
513
2 227
-
chamber of commerce
85
68
297
-
unemployment
643
513
1 503
-
surtax
85
85
85
-
total
6 251
5 003
16 265
-
Corporate
62 818
68 408
72 608
-
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.

15 705
17 102
18 152
-
total
15 705
17 102
18 152
-
Dividends
47 113
51 306
-
-
withholding
12 956
14 109
-
-
total
12 956
14 109
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 233
40 571
66 711
44 041
After tax
49 267
49 929
23 789
46 459
Living cost
15 110
15 110
15 110
15 110
Free-cash
34 157
34 819
8 679
31 349

Estimated living cost  is ₴15110 per week

₴10078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴23698
₴15390
₴28517
₴34362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
10 691
communal

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

-
-
-
4 788
national
-
-
-
35 688
total
-
-
-
51 167
Employee

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

30 674
-
70 096
-
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.

2 301
-
5 257
-
national
9 430
-
26 251
-
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
-
610
-
communal

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

1 600
-
3 656
-
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.

1 441
-
3 295
-
total
15 039
-
39 069
-
Employer

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

30 674
-
70 096
-
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.

2 718
-
6 211
-
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
-
911
-
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.

1 886
-
4 311
-
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
-
1 024
-
surtax
3 478
-
7 949
-
total
8 929
-
20 406
-
Corporate
50 898
90 500
-
-
surtax
203
378
-
-
income
10 179
18 921
-
-
total
10 382
19 299
-
-
Dividends
40 515
71 201
-
-
withholding

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

11 998
21 204
-
-
total
11 998
21 204
-
-
Income
90 500
90 500
90 500
90 500
Total tax
46 348
40 503
59 475
51 167
After tax
44 152
49 997
31 025
39 333
Living cost
15 635
15 635
15 635
15 635
Free-cash
28 517
34 362
15 390
23 698

Estimated living cost  is ₴15635 per week

₴10071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35135
₴33336
₴41721
₴44658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
27 955
pensions
-
-
-
11 248
total
-
-
-
39 879
Employee
21 346
-
77 829
-
income
4 504
-
26 483
-
pensions
1 003
-
1 868
-
unemployment
331
-
616
-
other
21
-
40
-
total
5 859
-
29 007
-
Employer
21 346
-
77 829
-
pensions
5 037
-
9 380
-
other
170
-
318
-
accident
422
-
787
-
unemployment
1 174
-
2 186
-
total
6 803
-
12 671
-
Corporate
62 351
90 500
-
-
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.

9 353
13 575
-
-
total
9 353
13 575
-
-
Dividends
52 998
76 925
-
-
withholding
11 278
16 781
-
-
total
11 278
16 781
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 293
30 356
41 678
39 879
After tax
57 207
60 144
48 822
50 621
Living cost
15 486
15 486
15 486
15 486
Free-cash
41 721
44 658
33 336
35 135

Estimated living cost  is ₴15486 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1099
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴19764
₴23371
₴22572
₴28429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
763
health
-
-
-
6 359
income
-
-
-
16 539
communal
-
-
-
5 720
surtax
-
-
-
4 486
pensions
-
-
-
13 565
total
-
-
-
47 432
Employee
32 474
-
80 840
-
income
3 137
-
19 145
-
pensions
2 598
-
6 467
-
health
1 445
-
3 598
-
surtax
1 990
-
4 954
-
total
9 170
-
34 164
-
Employer
32 474
-
80 840
-
pensions
2 598
-
6 467
-
accident
292
-
728
-
health
990
-
2 466
-
total
3 880
-
9 661
-
Corporate
54 146
90 500
-
-
communal
3 655
6 109
-
-
surtax
569
950
-
-
income
8 122
13 575
-
-
total
12 346
20 634
-
-
Dividends
41 800
69 865
-
-
withholding
6 270
10 480
-
-
income
12 958
7 653
-
-
total
19 228
18 133
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 624
38 767
43 825
47 432
After tax
45 876
51 733
46 675
43 068
Living cost
23 304
23 304
23 304
23 304
Free-cash
22 572
28 429
23 371
19 764

Estimated living cost  is ₴23304 per week

₴17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1412
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.
₴4163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32996
₴30375
₴45929
₴47292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 063
income
-
-
-
27 680
surtax
-
-
-
4 585
pensions
-
-
-
11 446
total
-
-
-
47 872
Employee
14 441
-
78 453
-
income
2 421
-
25 115
-
pensions
963
-
3 817
-
unemployment
1 005
-
3 983
-
health
369
-
1 459
-
other
-
-
-
-
surtax
51
-
4 072
-
total
4 809
-
38 446
-
Employer
14 441
-
78 453
-
pensions
1 925
-
7 629
-
other
-
-
-
-
health
657
-
2 604
-
unemployment
458
-
1 814
-
total
3 040
-
12 047
-
Corporate
73 019
90 500
-
-
income
18 985
23 530
-
-
total
18 985
23 530
-
-
Dividends
54 034
66 970
-
-
withholding
8 105
10 046
-
-
total
8 105
10 046
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 939
33 576
50 493
47 872
After tax
55 561
56 924
40 007
42 628
Living cost
9 632
9 632
9 632
9 632
Free-cash
45 929
47 292
30 375
32 996

Estimated living cost  is ₴9632 per week

₴5815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31404
₴27789
₴35067
₴36018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
21 462
municipal
-
-
-
553
national
-
-
-
24 128
regional
-
-
-
1 402
total
-
-
-
47 545
Employee
23 787
-
90 500
-
national
3 769
-
21 258
-
social contributions
8 021
-
28 137
-
municipal
126
-
499
-
regional
320
-
1 266
-
total
12 236
-
51 160
-
Employer
23 787
-
90 500
-
total
-
-
-
-
Corporate
66 713
90 500
-
-
nationa
16 011
21 720
-
-
municipal
3 315
4 498
-
-
total
19 326
26 218
-
-
Dividends
47 387
64 282
-
-
withholding
12 320
16 713
-
-
total
12 320
16 713
-
-
Income
90 500
90 500
90 500
90 500
Total tax
43 882
42 931
51 160
47 545
After tax
46 618
47 569
39 340
42 955
Living cost
11 551
11 551
11 551
11 551
Free-cash
35 067
36 018
27 789
31 404

Estimated living cost  is ₴11551 per week

₴7184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴40364
₴36455
₴45093
₴49619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
14 818
health
-
-
-
12 218
income
-
-
-
9 520
solidarity contribution
-
-
-
890
total
-
-
-
37 446
Employee
18 661
-
71 388
-
income
2 239
-
8 768
-
solidarity contribution
-
-
539
-
social contributions
1 213
-
3 299
-
health
2 519
-
9 637
-
total
5 971
-
22 243
-
Employer
18 661
-
71 388
-
health
1 679
-
6 425
-
social contributions
4 665
-
12 687
-
total
6 344
-
19 112
-
Corporate
65 494
90 500
-
-
income
12 444
17 195
-
-
total
12 444
17 195
-
-
Dividends
53 050
73 305
-
-
withholding
7 958
10 996
-
-
total
7 958
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 717
28 191
41 355
37 446
After tax
57 783
62 309
49 145
53 054
Living cost
12 690
12 690
12 690
12 690
Free-cash
45 093
49 619
36 455
40 364

Estimated living cost  is ₴12690 per week

₴9437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
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.
₴2330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32863
₴10130
₴36084
₴36294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
chamber of commerce
-
-
-
362
unemployment
-
-
-
2 630
health
-
-
-
3 832
income
-
-
-
27 864
surtax
-
-
-
-
pensions
-
-
-
9 268
total
-
-
-
43 956
Employee
18 745
17 089
74 314
-
income
1 670
1 261
23 260
-
pensions
1 920
1 750
5 130
-
unemployment
562
513
1 503
-
health
725
662
1 938
-
other
187
171
501
-
total
5 064
4 357
32 332
-
Employer
18 745
17 089
74 314
-
pensions
2 353
2 145
6 287
-
other
890
811
3 324
-
accident
243
222
651
-
health
709
646
1 894
-
payroll
562
513
2 230
-
chamber of commerce
75
68
297
-
unemployment
562
513
1 503
-
surtax
-
-
-
-
total
5 394
4 918
16 186
-
Corporate
66 361
68 493
72 687
-
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.

16 590
17 123
18 171
-
total
16 590
17 123
18 171
-
Dividends
49 771
51 369
-
-
withholding
13 687
14 127
-
-
total
13 687
14 127
-
-
Income
90 500
90 500
90 500
90 500
Total tax
40 735
40 525
66 689
43 956
After tax
49 765
49 975
23 811
46 544
Living cost
13 681
13 681
13 681
13 681
Free-cash
36 084
36 294
10 130
32 863

Estimated living cost  is ₴13681 per week

₴8207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
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.
₴3833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴83573
₴66378
₴78823
₴79953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
90 500
microenterprise

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

-
-
-
905
total
-
-
-
905
Employee
7 527
-
90 500
-
income
1 506
-
18 100
-
total
1 506
-
18 100
-
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%.

82 973
90 500
-
-
total
-
-
-
-
Dividends
82 973
90 500
-
-
withholding
4 149
4 525
-
-
total
4 149
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 655
4 525
18 100
905
After tax
84 845
85 975
72 400
89 595
Living cost
6 022
6 022
6 022
6 022
Free-cash
78 823
79 953
66 378
83 573

Estimated living cost  is ₴6022 per week

₴4075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴253
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.
₴1492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31144
₴29180
₴47221
₴50807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
unemployment
-
-
-
136
health
-
-
-
8 905
income
-
-
-
22 285
pensions
-
-
-
16 528
total
-
-
-
47 854
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.

18 962
-
78 307
-
income
3 270
-
20 321
-
pensions
2 939
-
12 137
-
unemployment
27
-
110
-
health
1 225
-
5 058
-
total
7 461
-
37 626
-
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.

18 962
-
78 307
-
pensions
1 678
-
6 930
-
health
1 263
-
5 215
-
unemployment
11
-
47
-
total
2 952
-
12 192
-
Corporate
68 585
90 500
-
-
income
13 031
17 195
-
-
total
13 031
17 195
-
-
Dividends
55 554
73 305
-
-
withholding
8 333
10 996
-
-
total
8 333
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
31 777
28 191
49 818
47 854
After tax
58 723
62 309
40 682
42 646
Living cost
11 502
11 502
11 502
11 502
Free-cash
47 221
50 807
29 180
31 144

Estimated living cost  is ₴11502 per week

₴7894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
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.
₴2649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44084
₴66414
₴16254
₴36601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
10 317
income
-
-
-
17 640
total
-
-
-
27 957
Employee
26 467
-
-
-
income
5 838
-
-
-
social contributions
2 170
-
309
-
total
8 008
-
309
-
Employer
26 467
-
-
-
social contributions
37 318
-
5 318
-
total
37 318
-
5 318
-
Corporate
26 715
90 500
-
-
income
5 877
19 910
-
-
total
5 877
19 910
-
-
Dividends
20 838
70 590
-
-
income
4 584
15 530
-
-
total
4 584
15 530
-
-
Income
90 500
90 500
90 500
90 500
Total tax
55 787
35 440
5 627
27 957
After tax
34 713
55 060
84 873
62 543
Living cost
18 459
18 459
18 459
18 459
Free-cash
16 254
36 601
66 414
44 084

Estimated living cost  is ₴18459 per week

₴11977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
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.
₴4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34056
₴27194
₴37594
₴38025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
social contributions

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

-
-
-
31 449
income
-
-
-
11 544
surtax
-
-
-
-
total
-
-
-
42 993
Employee
19 722
-
73 131
-
income
4 102
-
24 442
-
social contributions
2 169
-
8 044
-
surtax
-
-
-
-
total
6 271
-
32 486
-
Employer
19 722
-
73 131
-
social contributions
4 684
-
17 369
-
total
4 684
-
17 369
-
Corporate
66 094
90 500
-
-
surtax
-
-
-
-
income
13 880
19 005
-
-
total
13 880
19 005
-
-
Dividends
52 214
71 495
-
-
withholding
14 620
20 019
-
-
total
14 620
20 019
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 455
39 024
49 855
42 993
After tax
51 045
51 476
40 645
47 507
Living cost
13 451
13 451
13 451
13 451
Free-cash
37 594
38 025
27 194
34 056

Estimated living cost  is ₴13451 per week

₴10064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴793
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.
₴2369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29330
₴27056
₴27847
₴24902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
2 806
social contributions
-
-
-
2 578
health
-
-
-
4 293
income
-
-
-
16 071
surtax
-
-
-
-
pensions
-
-
-
14 711
total
-
-
-
40 459
Employee
26 858
-
69 291
-
income
2 343
-
14 420
-
pensions
3 038
-
5 130
-
social contributions
765
-
1 974
-
surtax
-
-
-
-
total
6 146
-
21 524
-
Employer
26 858
-
69 291
-
pensions
4 413
-
8 580
-
other
927
-
2 835
-
health
1 880
-
6 779
-
unemployment
1 088
-
2 807
-
social contributions
81
-
208
-
total
8 389
-
21 209
-
Corporate
55 254
90 500
-
-
surtax
-
-
-
-
income
15 471
25 340
-
-
total
15 471
25 340
-
-
Dividends
39 783
65 160
-
-
surtax
-
-
-
-
social contributions
6 843
11 207
-
-
withholding
5 093
8 340
-
-
total
11 936
19 547
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 942
44 887
42 733
40 459
After tax
48 558
45 613
47 767
50 041
Living cost
20 711
20 711
20 711
20 711
Free-cash
27 847
24 902
27 056
29 330

Estimated living cost  is ₴20711 per week

₴14017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1694
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.
₴4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴53245
₴55650
₴67120
₴68560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
19 910
income
-
-
-
4 455
total
-
-
-
24 365
Employee
13 786
-
78 355
-
social contributions
896
-
5 093
-
income
-
-
4 722
-
total
896
-
9 815
-
Employer
13 786
-
78 355
-
social contributions
2 137
-
12 145
-
total
2 137
-
12 145
-
Corporate
74 577
90 500
-
-
income
7 457
9 050
-
-
total
7 457
9 050
-
-
Dividends
67 120
81 450
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
10 490
9 050
21 960
24 365
After tax
80 010
81 450
68 540
66 135
Living cost
12 890
12 890
12 890
12 890
Free-cash
67 120
68 560
55 650
53 245

Estimated living cost  is ₴12890 per week

₴8335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31853
-₴2961
-₴2961
-₴2961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
19 295
national
-
-
-
11 111
labour market
-
-
-
7 210
pensions
-
-
-
372
total
-
-
-
37 988
Employee
87 195
87 195
87 195
-
labour market
6 966
6 966
6 966
-
pensions
124
124
124
-
national
10 652
10 652
10 652
-
municipal
18 568
18 568
18 568
-
total
36 310
36 310
36 310
-
Employer
87 195
87 195
87 195
-
pensions
248
248
248
-
municipal
18 597
18 597
18 597
-
national
10 671
10 671
10 671
-
labour market
6 976
6 976
6 976
-
total
36 492
36 492
36 492
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
72 802
72 802
72 802
37 988
After tax
17 698
17 698
17 698
52 512
Living cost
20 659
20 659
20 659
20 659
Free-cash
-2 961
-2 961
-2 961
31 853

Estimated living cost  is ₴20659 per week

₴14139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1827
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.
₴4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52552
₴40435
₴5912
-₴1928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
25 714
pensions
-
-
-
1 777
total
-
-
-
28 689
Employee
14 566
-
82 399
-
income
1 998
-
20 011
-
pensions
1 640
-
3 259
-
health
1 668
-
9 435
-
total
5 306
-
32 705
-
Employer
14 566
-
82 399
-
pensions
2 368
-
4 706
-
accident
243
-
1 376
-
unemployment
357
-
2 019
-
total
2 968
-
8 101
-
Corporate
72 966
90 500
-
-
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.

65 669
81 450
-
-
total
65 669
81 450
-
-
Dividends
7 296
9 050
-
-
withholding
1 386
1 719
-
-
total
1 386
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
75 329
83 169
40 806
28 689
After tax
15 171
7 331
49 694
61 811
Living cost
9 259
9 259
9 259
9 259
Free-cash
5 912
-1 928
40 435
52 552

Estimated living cost  is ₴9259 per week

₴6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39734
₴29368
₴40642
₴39316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
90 500
municipal
-
-
-
16 071
health
-
-
-
1 215
national
-
-
-
17 017
total
-
-
-
34 303
Employee
22 561
-
76 134
-
pensions
1 523
-
5 139
-
national
373
-
10 634
-
municipal
3 695
-
12 394
-
unemployment
339
-
1 142
-
health
168
-
994
-
total
6 098
-
30 303
-
Employer
22 561
-
76 134
-
pensions
3 914
-
13 209
-
accident
23
-
76
-
health
173
-
586
-
unemployment
146
-
495
-
total
4 256
-
14 366
-
Corporate
63 682
90 500
-
-
income
12 736
18 100
-
-
total
12 736
18 100
-
-
Dividends

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

38 209
54 300
-
-
municipal
6 878
9 774
-
-
national
3 427
6 847
-
-
total
10 305
16 621
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 395
34 721
44 669
34 303
After tax
57 105
55 779
45 831
56 197
Living cost
16 463
16 463
16 463
16 463
Free-cash
40 642
39 316
29 368
39 734

Estimated living cost  is ₴16463 per week

₴10754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1584
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.
₴3865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴51180
₴50425
₴53711
₴56043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
6 938
health
-
-
-
2 308
income
-
-
-
20 146
total
-
-
-
29 392
Employee
32 974
32 974
85 232
-
income
3 590
3 052
19 739
-
social contributions
1 247
2 737
3 691
-
health
256
561
1 449
-
total
5 093
6 350
24 879
-
Employer
32 974
32 974
85 232
-
health
277
610
1 577
-
social contributions
1 247
2 737
3 691
-
total
1 524
3 347
5 268
-
Corporate
73 955
54 179
-
-
income
9 244
6 772
-
-
total
9 244
6 772
-
-
Dividends
64 711
47 407
-
-
withholding
11 000
8 060
-
-
total
11 000
8 060
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 861
24 529
30 147
29 392
After tax
63 639
65 971
60 353
61 108
Living cost
9 928
9 928
9 928
9 928
Free-cash
53 711
56 043
50 425
51 180

Estimated living cost  is ₴9928 per week

₴5950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
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.
₴2785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴70069
₴61469
₴65953
₴68135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 500
unemployment
-
-
-
12
health
-
-
-
1 552
income
-
-
-
9 331
pensions
-
-
-
2 728
total
-
-
-
13 623
Employee

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

9 843
-
86 309
-
income
673
-
8 268
-
pensions
1 476
-
6 103
-
unemployment
49
-
203
-
health
837
-
3 458
-
total
3 035
-
18 032
-
Employer

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

9 843
-
86 309
-
pensions
541
-
2 238
-
health
423
-
1 750
-
unemployment
49
-
203
-
total
1 013
-
4 191
-
Corporate
79 644
90 500
-
-
income
7 168
8 145
-
-
total
7 168
8 145
-
-
Dividends
72 476
82 355
-
-
withholding
6 523
7 412
-
-
total
6 523
7 412
-
-
Income
90 500
90 500
90 500
90 500
Total tax
17 739
15 557
22 223
13 623
After tax
72 761
74 943
68 277
76 877
Living cost
6 808
6 808
6 808
6 808
Free-cash
65 953
68 135
61 469
70 069

Estimated living cost  is ₴6808 per week

₴4344
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.
₴1771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38829
₴37030
₴46459
₴48352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
27 955
pensions
-
-
-
11 248
total
-
-
-
39 879
Employee
15 856
-
77 829
-
income
3 057
-
26 483
-
pensions
745
-
1 868
-
unemployment
246
-
616
-
other
15
-
40
-
total
4 063
-
29 007
-
Employer
15 856
-
77 829
-
pensions
3 742
-
9 380
-
other
127
-
318
-
accident
314
-
787
-
unemployment
872
-
2 186
-
total
5 055
-
12 671
-
Corporate
69 589
90 500
-
-
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.

10 438
13 575
-
-
total
10 438
13 575
-
-
Dividends
59 151
76 925
-
-
withholding
12 693
16 781
-
-
total
12 693
16 781
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 249
30 356
41 678
39 879
After tax
58 251
60 144
48 822
50 621
Living cost
11 792
11 792
11 792
11 792
Free-cash
46 459
48 352
37 030
38 829

Estimated living cost  is ₴11792 per week

₴7959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴2493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴56961
₴56878
₴55105
₴55298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
health
-
-
-
621
income
-
-
-
30 887
pensions
-
-
-
857
total
-
-
-
32 365
Employee
1 789
-
89 536
-
income
346
-
30 842
-
pensions
161
-
385
-
unemployment
18
-
43
-
health
89
-
214
-
total
614
-
31 484
-
Employer
1 789
-
89 536
-
pensions
197
-
471
-
health
170
-
407
-
unemployment
36
-
86
-
total
403
-
964
-
Corporate
88 309
90 500
-
-
income
19 428
19 910
-
-
total
19 428
19 910
-
-
Dividends
68 881
70 590
-
-
withholding
13 776
14 118
-
-
total
13 776
14 118
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 221
34 028
32 448
32 365
After tax
56 279
56 472
58 052
58 135
Living cost
1 174
1 174
1 174
1 174
Free-cash
55 105
55 298
56 878
56 961

Estimated living cost  is ₴1174 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.
₴354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴50271
₴50270
₴55859
₴57970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
unemployment
-
-
-
475
health
-
-
-
3 264
income
-
-
-
20 834
pensions
-
-
-
8 240
total
-
-
-
32 813
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.

11 183
-
84 827
-
income
1 542
-
20 834
-
pensions
1 566
-
4 437
-
unemployment
84
-
238
-
health
576
-
1 632
-
total
3 768
-
27 141
-
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.

11 183
-
84 827
-
pensions
1 342
-
3 803
-
health
576
-
1 632
-
unemployment
84
-
238
-
total
2 002
-
5 673
-
Corporate
77 315
90 500
-
-
income
11 597
13 575
-
-
total
11 597
13 575
-
-
Dividends
65 718
76 925
-
-
withholding
9 858
11 539
-
-
total
9 858
11 539
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 225
25 114
32 814
32 813
After tax
63 275
65 386
57 686
57 687
Living cost
7 416
7 416
7 416
7 416
Free-cash
55 859
57 970
50 270
50 271

Estimated living cost  is ₴7416 per week

₴4993
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
₴35946
₴29084
₴39762
₴39915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
social contributions

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

-
-
-
31 449
income
-
-
-
11 544
surtax
-
-
-
-
total
-
-
-
42 993
Employee
16 643
-
73 131
-
income
3 252
-
24 442
-
social contributions
1 831
-
8 044
-
surtax
-
-
-
-
total
5 083
-
32 486
-
Employer
16 643
-
73 131
-
social contributions
3 952
-
17 369
-
total
3 952
-
17 369
-
Corporate
69 904
90 500
-
-
surtax
-
-
-
-
income
14 679
19 005
-
-
total
14 679
19 005
-
-
Dividends
55 225
71 495
-
-
withholding
15 463
20 019
-
-
total
15 463
20 019
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 177
39 024
49 855
42 993
After tax
51 323
51 476
40 645
47 507
Living cost
11 561
11 561
11 561
11 561
Free-cash
39 762
39 915
29 084
35 946

Estimated living cost  is ₴11561 per week

₴8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
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.
₴2365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35550
₴33751
₴42267
₴45073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
27 955
pensions
-
-
-
11 248
total
-
-
-
39 879
Employee
20 710
-
77 829
-
income
4 326
-
26 483
-
pensions
973
-
1 868
-
unemployment
321
-
616
-
other
20
-
40
-
total
5 640
-
29 007
-
Employer
20 710
-
77 829
-
pensions
4 887
-
9 380
-
other
166
-
318
-
accident
410
-
787
-
unemployment
1 139
-
2 186
-
total
6 602
-
12 671
-
Corporate
63 187
90 500
-
-
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.

9 478
13 575
-
-
total
9 478
13 575
-
-
Dividends
53 709
76 925
-
-
withholding
11 442
16 781
-
-
total
11 442
16 781
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 162
30 356
41 678
39 879
After tax
57 338
60 144
48 822
50 621
Living cost
15 071
15 071
15 071
15 071
Free-cash
42 267
45 073
33 751
35 550

Estimated living cost  is ₴15071 per week

₴10823
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.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴65552
₴69262
₴67390
₴70002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
60
health
-
-
-
1 722
income
-
-
-
13 575
pensions

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

-
-
-
2 216
total
-
-
-
17 573
Employee
9 766
-
87 562
-
income
977
-
8 756
-
pensions

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

857
-
1 315
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
total
2 390
-
10 925
-
Employer
9 766
-
87 562
-
pensions

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

1 076
-
1 650
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
health
674
-
1 033
-
unemployment
59
-
90
-
total
1 916
-
2 938
-
Corporate
78 818
90 500
-
-
income
7 882
9 050
-
-
total
7 882
9 050
-
-
Dividends
70 936
81 450
-
-
withholding
3 547
4 073
-
-
total
3 547
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
15 735
13 123
13 863
17 573
After tax
74 765
77 377
76 637
72 927
Living cost
7 375
7 375
7 375
7 375
Free-cash
67 390
70 002
69 262
65 552

Estimated living cost  is ₴7375 per week

₴4878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴29624
₴39751
₴35604
₴29996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
10 126
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.

-
-
-
2 930
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.

-
-
-
29 634
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.

-
-
-
1 630
total
-
-
-
44 320
Employee

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

21 336
-
90 500
-
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.

97
-
1 630
-
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.

1 754
-
29 634
-
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.

2 930
-
2 930
-
total
4 781
-
34 194
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 164
90 500
-
-
trade
9 925
12 987
-
-
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.

570
747
-
-
income
10 375
13 575
-
-
chamber of commerce
167
198
-
-
total
21 037
27 507
-
-
Dividends
48 127
62 993
-
-
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.

653
857
-
-
withholding
11 869
15 585
-
-
total
12 522
16 442
-
-
Income
90 500
90 500
90 500
90 500
Total tax
38 340
43 949
34 194
44 320
After tax
52 160
46 551
56 306
46 180
Living cost
16 555
16 555
16 555
16 555
Free-cash
35 604
29 996
39 751
29 624

Estimated living cost  is ₴16555 per week

₴11420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1781
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.
₴3113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21516
₴21516
₴39869
₴38924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
15 445
income
-
-
-
29 112
total
-
-
-
44 557
Employee
33 543
-
90 500
-
social contributions
2 787
-
15 445
-
income
6 329
-
29 112
-
total
9 116
-
44 557
-
Employer
33 543
-
90 500
-
total
-
-
-
-
Corporate
56 957
90 500
-
-
income
7 120
11 312
-
-
total
7 120
11 312
-
-
Dividends
49 837
79 188
-
-
withholding
9 968
15 837
-
-
total
9 968
15 837
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 204
27 149
44 557
44 557
After tax
64 296
63 351
45 943
45 943
Living cost
24 427
24 427
24 427
24 427
Free-cash
39 869
38 924
21 516
21 516

Estimated living cost  is ₴24427 per week

₴18584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1990
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.
₴3620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴58496
₴47867
₴42491
₴40993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
health

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

-
-
-
2 863
income
-
-
-
13 575
total
-
-
-
16 438
Employee
19 672
-
88 527
-
social contributions
1 971
-
1 973
-
income
2 135
-
23 121
-
total
4 106
-
25 094
-
Employer
19 672
-
88 527
-
social contributions
1 971
-
1 973
-
total
1 971
-
1 973
-
Corporate
68 857
90 500
-
-
income
24 100
31 675
-
-
total
24 100
31 675
-
-
Dividends
44 757
58 825
-
-
social contributions
2 266
2 266
-
-
total
2 266
2 266
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 443
33 941
27 067
16 438
After tax
58 057
56 559
63 433
74 062
Living cost
15 566
15 566
15 566
15 566
Free-cash
42 491
40 993
47 867
58 496

Estimated living cost  is ₴15566 per week

₴10253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Sliema model

Close
Edinburgh , United Kingdom
₴42902
₴34790
₴44208
₴41654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 408
pensions
-
-
-
4 171
total
-
-
-
31 579
Employee
21 989
-
78 922
-
income
4 004
-
22 001
-
pensions
1 678
-
5 024
-
health
287
-
1 088
-
total
5 969
-
28 113
-
Employer
21 989
-
78 922
-
pensions
2 222
-
10 078
-
health
418
-
1 500
-
total
2 640
-
11 578
-
Corporate
65 872
90 500
-
-
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.

12 515
17 195
-
-
total
12 515
17 195
-
-
Dividends
53 357
73 305
-
-
withholding
9 149
15 632
-
-
total
9 149
15 632
-
-
Income
90 500
90 500
90 500
90 500
Total tax
30 273
32 827
39 691
31 579
After tax
60 227
57 673
50 809
58 921
Living cost
16 019
16 019
16 019
16 019
Free-cash
44 208
41 654
34 790
42 902

Estimated living cost  is ₴16019 per week

₴10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴51635
₴39518
₴5771
-₴2845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
25 714
pensions
-
-
-
1 777
total
-
-
-
28 689
Employee
16 008
-
82 399
-
income
2 196
-
20 011
-
pensions
1 802
-
3 259
-
health
1 833
-
9 435
-
total
5 831
-
32 705
-
Employer
16 008
-
82 399
-
pensions
2 603
-
4 706
-
accident
267
-
1 376
-
unemployment
392
-
2 019
-
total
3 262
-
8 101
-
Corporate
71 230
90 500
-
-
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.

64 107
81 450
-
-
total
64 107
81 450
-
-
Dividends
7 123
9 050
-
-
withholding
1 353
1 719
-
-
total
1 353
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
74 553
83 169
40 806
28 689
After tax
15 947
7 331
49 694
61 811
Living cost
10 176
10 176
10 176
10 176
Free-cash
5 771
-2 845
39 518
51 635

Estimated living cost  is ₴10176 per week

₴7468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴1910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴50709
₴60137
₴62145
₴63442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
work injury
-
-
-
343
unemployment
-
-
-
823
income
-
-
-
15 148
health insurance
-
-
-
5 073
pensions
-
-
-
12 614
total
-
-
-
34 001
Employee

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

9 264
-
90 500
-
income
926
-
15 148
-
work injury
46
-
171
-
pensions
1 705
-
6 307
-
unemployment
111
-
411
-
health insurance
686
-
2 536
-
total
3 474
-
24 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 236
90 500
-
-
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%.

8 124
9 050
-
-
total
8 124
9 050
-
-
Dividends
73 112
81 450
-
-
withholding
10 967
12 218
-
-
total
10 967
12 218
-
-
Income
90 500
90 500
90 500
90 500
Total tax
22 565
21 268
24 573
34 001
After tax
67 935
69 232
65 927
56 499
Living cost
5 790
5 790
5 790
5 790
Free-cash
62 145
63 442
60 137
50 709

Estimated living cost  is ₴5790 per week

₴3587
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.
₴1602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25049
₴21528
₴28636
₴30586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
social contributions
-
-
-
21 462
municipal
-
-
-
622
national
-
-
-
24 128
regional
-
-
-
2 156
total
-
-
-
48 368
Employee
36 135
-
90 500
-
national
6 106
-
21 258
-
social contributions
12 184
-
28 137
-
municipal
216
-
561
-
regional
546
-
1 933
-
total
19 052
-
51 889
-
Employer
36 135
-
90 500
-
total
-
-
-
-
Corporate
54 365
90 500
-
-
nationa
13 048
21 720
-
-
municipal
2 620
4 362
-
-
total
15 668
26 082
-
-
Dividends
38 697
64 418
-
-
withholding
10 061
16 749
-
-
total
10 061
16 749
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 781
42 831
51 889
48 368
After tax
45 719
47 669
38 611
42 132
Living cost
17 083
17 083
17 083
17 083
Free-cash
28 636
30 586
21 528
25 049

Estimated living cost  is ₴17083 per week

₴12000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1175
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.
₴3650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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