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
₴ 91500
per

Your estimated
City
free-cash

Dresden , Germany
₴36688
₴42838
₴31251
₴32027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health

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

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

-
-
-
3 358
trade
-
-
-
10 811
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.

-
-
-
28 828
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.

-
-
-
1 586
total
-
-
-
44 583
Employee

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

18 803
-
91 500
-
health

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

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

3 358
-
3 358
-
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.

525
-
28 828
-
surtax

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

29
-
1 586
-
total
3 912
-
33 772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 697
91 500
-
-
income
10 905
13 725
-
-
chamber of commerce
179
206
-
-
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.

600
755
-
-
trade
11 450
14 412
-
-
total
23 134
29 098
-
-
Dividends
49 564
62 403
-
-
surtax

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

672
848
-
-
withholding
12 204
15 413
-
-
total
12 876
16 261
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 922
45 359
33 772
44 583
After tax
51 578
46 141
57 728
46 917
Living cost
14 890
14 890
14 890
14 890
Free-cash
36 688
31 251
42 838
32 027

Estimated living cost  is ₴14890 per week

₴9366
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.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31171
₴28685
₴31595
₴28193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
984
municipal
-
-
-
10 044
pensions
-
-
-
10 980
national
-
-
-
15 798
total
-
-
-
37 806
Employee
39 531
-
79 101
-
pensions
1 581
-
3 164
-
municipal
4 883
-
10 398
-
national
7 566
-
16 574
-
total
14 030
-
30 136
-
Employer
39 531
-
79 101
-
pensions
3 163
-
6 328
-
social contributions
425
-
850
-
total
3 588
-
7 178
-
Corporate
45 772
91 500
-
-
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%.

9 154
18 300
-
-
total
9 154
18 300
-
-
Dividends
36 618
73 200
-
-
withholding
8 056
16 104
-
-
total
8 056
16 104
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 828
34 404
37 314
37 806
After tax
56 672
57 096
54 186
53 694
Living cost
25 501
25 501
25 501
25 501
Free-cash
31 171
31 595
28 685
28 193

Estimated living cost  is ₴25501 per week

₴17333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴58941
₴28551
₴62973
₴21770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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.

-
-
-
18 835
income
-
-
-
17 335
surtax
-
-
-
23 333
microenterprise
-
-
-
-
total
-
-
-
59 503
Employee
14 365
-
69 718
-
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.

1 580
-
6 445
-
income
2 557
-
14 386
-
surtax
-
-
10 109
-
total
4 137
-
30 940
-
Employer
14 365
-
69 718
-
surtax
-
-
7 668
-
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.

3 460
-
14 114
-
total
3 460
-
21 782
-
Corporate
73 675
91 500
-
-
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%.

14 735
18 300
-
-
total
14 735
18 300
-
-
Dividends

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

58 940
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
22 332
18 300
52 722
59 503
After tax
69 168
73 200
38 778
31 997
Living cost
10 227
10 227
10 227
10 227
Free-cash
58 941
62 973
28 551
21 770

Estimated living cost  is ₴10227 per week

₴6525
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.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴21767
₴37105
₴24781
₴29580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
6 062
income
-
-
-
29 504
pensions
-
-
-
5 760
total
-
-
-
41 326
Employee
41 981
41 981
82 364
-
pensions
7 557
5 760
5 760
-
health
6 444
5 481
6 062
-
income

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

6 872
6 872
12 843
-
total
20 873
18 113
24 665
-
Employer
41 981
41 981
82 364
-
pensions
2 922
2 922
3 632
-
health
2 918
2 918
3 626
-
unemployment
1 511
1 511
1 878
-
total
7 351
7 351
9 136
-
Corporate
42 683
42 168
-
-
income
8 537
8 433
-
-
total
8 537
8 433
-
-
Dividends
34 146
33 734
-
-
income
7 256
7 168
-
-
withholding
5 122
5 060
-
-
total
12 378
12 228
-
-
Income
91 500
91 500
91 500
91 500
Total tax
49 139
46 125
33 801
41 326
After tax
42 361
45 375
57 699
50 174
Living cost
20 594
20 594
20 594
20 594
Free-cash
21 767
24 781
37 105
29 580

Estimated living cost  is ₴20594 per week

₴14594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29380
₴26205
₴29831
₴26693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
88
health
-
-
-
2 753
municipal
-
-
-
23 474
pensions
-
-
-
4 769
other
-
-
-
5 126
unemployment
-
-
-
44
national
-
-
-
8 425
total
-
-
-
44 679
Employee
28 680
-
77 640
-
municipal
8 552
-
23 152
-
national
-
-
8 154
-
total
8 552
-
31 306
-
Employer
28 680
-
77 640
-
pensions
3 100
-
4 769
-
other
3 333
-
5 126
-
health
1 764
-
2 713
-
unemployment
757
-
1 165
-
accident
57
-
88
-
total
9 011
-
13 861
-
Corporate
53 809
91 500
-
-
income
11 838
20 130
-
-
total
11 838
20 130
-
-
Dividends
41 971
71 370
-
-
withholding
12 591
21 411
-
-
total
12 591
21 411
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 992
41 541
45 167
44 679
After tax
49 508
49 959
46 333
46 821
Living cost
20 128
20 128
20 128
20 128
Free-cash
29 380
29 831
26 205
26 693

Estimated living cost  is ₴20128 per week

₴13340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33267
₴38416
₴26359
₴27124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health

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

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

-
-
-
3 358
trade
-
-
-
11 292
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.

-
-
-
28 828
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.

-
-
-
1 586
total
-
-
-
45 064
Employee

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

24 930
-
91 500
-
health

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

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

3 358
-
3 358
-
income

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

2 142
-
28 828
-
surtax

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

118
-
1 586
-
total
5 618
-
33 772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 570
91 500
-
-
income
9 986
13 725
-
-
chamber of commerce
169
204
-
-
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.

549
755
-
-
trade
10 950
15 052
-
-
total
21 654
29 736
-
-
Dividends
44 915
61 765
-
-
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.

607
839
-
-
withholding
11 042
15 254
-
-
total
11 649
16 093
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 921
45 829
33 772
45 064
After tax
52 579
45 671
57 728
46 436
Living cost
19 312
19 312
19 312
19 312
Free-cash
33 267
26 359
38 416
27 124

Estimated living cost  is ₴19312 per week

₴12916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴48749
₴45558
₴50789
₴46350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
7 954
health
-
-
-
2 333
income
-
-
-
18 918
total
-
-
-
29 205
Employee
37 802
37 802
85 683
-
health
376
643
1 456
-
social contributions
1 837
3 137
4 232
-
income
3 970
3 499
18 492
-
total
6 183
7 279
24 180
-
Employer
37 802
37 802
85 683
-
health
410
700
1 585
-
social contributions
1 837
3 137
4 232
-
total
2 247
3 837
5 817
-
Corporate
67 126
49 861
-
-
income
8 391
6 233
-
-
total
8 391
6 233
-
-
Dividends
58 736
43 628
-
-
withholding
9 985
7 417
-
-
total
9 985
7 417
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 806
24 766
29 997
29 205
After tax
64 694
66 734
61 503
62 295
Living cost
15 945
15 945
15 945
15 945
Free-cash
48 749
50 789
45 558
46 350

Estimated living cost  is ₴15945 per week

₴10900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42480
₴43939
₴42290
₴54284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
6 405
income
-
-
-
11 186
pensions
-
-
-
9 150
unemployment
-
-
-
1 372
total
-
-
-
28 113
Employee

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

The minimum wage is 138,000 HUF per month.

13 140
5 230
76 569
-
unemployment
197
78
1 149
-
pensions
1 314
523
7 657
-
health
920
366
5 360
-
income
1 606
639
9 361
-
total
4 037
1 606
23 527
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 140
5 230
76 569
-
pensions
2 562
1 020
14 931
-
total
2 562
1 020
14 931
-
Corporate
75 798
85 251
-
-
income
6 822
7 673
-
-
total
6 822
7 673
-
-
Dividends
68 976
77 578
-
-
social contributions
13 391
15 068
-
-
withholding
13 105
14 740
-
-
total
26 496
29 808
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 917
40 107
38 458
28 113
After tax
51 583
51 393
53 042
63 387
Living cost
9 103
9 103
9 103
9 103
Free-cash
42 480
42 290
43 939
54 284

Estimated living cost  is ₴9103 per week

₴6212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴58272
₴40865
₴61326
₴37170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
11 895
income
-
-
-
12 261
pensions
-
-
-
18 300
total
-
-
-
42 456
Employee
13 946
-
68 385
-
unemployment
223
-
1 094
-
pensions
279
-
1 368
-
income
1 570
-
13 185
-
total
2 072
-
15 647
-
Employer
13 946
-
68 385
-
pensions
2 789
-
13 677
-
health
1 813
-
8 890
-
unemployment
112
-
547
-
total
4 714
-
23 114
-
Corporate
72 840
91 500
-
-
income
14 568
18 300
-
-
total
14 568
18 300
-
-
Dividends
58 272
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
21 354
18 300
38 761
42 456
After tax
70 146
73 200
52 739
49 044
Living cost
11 874
11 874
11 874
11 874
Free-cash
58 272
61 326
40 865
37 170

Estimated living cost  is ₴11874 per week

₴8144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5732
₴38887
-₴3537
₴51588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
126
health
-
-
-
1 085
income
-
-
-
25 498
pensions
-
-
-
2 071
other
-
-
-
184
total
-
-
-
28 964
Employee
17 222
-
82 614
-
pensions
1 939
-
3 797
-
health
1 972
-
9 459
-
income
2 363
-
19 522
-
total
6 274
-
32 778
-
Employer
17 222
-
82 614
-
pensions
2 800
-
5 483
-
unemployment
422
-
2 024
-
accident
287
-
1 380
-
total
3 509
-
8 887
-
Corporate
70 768
91 500
-
-
income

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

63 692
82 350
-
-
total
63 692
82 350
-
-
Dividends
7 077
9 150
-
-
withholding
1 345
1 739
-
-
total
1 345
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
74 820
84 089
41 665
28 964
After tax
16 680
7 411
49 835
62 536
Living cost
10 948
10 948
10 948
10 948
Free-cash
5 732
-3 537
38 887
51 588

Estimated living cost  is ₴10948 per week

₴8024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴82111
₴69146
₴82871
₴86531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
5 068
-
91 500
-
income
1 013
-
18 300
-
total
1 013
-
18 300
-
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%.

86 432
91 500
-
-
total
-
-
-
-
Dividends
86 432
91 500
-
-
withholding
4 322
4 575
-
-
total
4 322
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 335
4 575
18 300
915
After tax
86 165
86 925
73 200
90 585
Living cost
4 054
4 054
4 054
4 054
Free-cash
82 111
82 871
69 146
86 531

Estimated living cost  is ₴4054 per week

₴2512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴50806
₴38643
₴54126
₴39020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
3 289
income
-
-
-
14 599
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.

-
-
-
17 942
other
-
-
-
3 551
total
-
-
-
39 381
Employee
17 850
-
73 083
-
unemployment
178
-
730
-
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.

1 249
-
5 116
-
health
250
-
1 023
-
income
3 073
-
14 473
-
total
4 750
-
21 342
-
Employer
17 850
-
73 083
-
pensions

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

3 035
-
12 424
-
other
893
-
3 654
-
health
250
-
1 023
-
unemployment
178
-
730
-
accident
143
-
585
-
total
4 499
-
18 416
-
Corporate
69 152
91 500
-
-
income
14 522
19 215
-
-
total
14 522
19 215
-
-
Dividends
54 630
72 285
-
-
withholding
3 824
5 060
-
-
total
3 824
5 060
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 595
24 275
39 758
39 381
After tax
63 905
67 225
51 742
52 119
Living cost
13 099
13 099
13 099
13 099
Free-cash
50 806
54 126
38 643
39 020

Estimated living cost  is ₴13099 per week

₴9255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29780
₴19752
₴26992
₴27996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 869
pensions
-
-
-
4 464
total
-
-
-
31 333
Employee
45 517
-
79 868
-
pensions
4 391
-
5 440
-
health
750
-
1 132
-
income
8 205
-
21 373
-
total
13 346
-
27 945
-
Employer
45 517
-
79 868
-
pensions
5 374
-
10 115
-
health
864
-
1 517
-
total
6 238
-
11 632
-
Corporate
39 744
91 500
-
-
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.

7 551
17 386
-
-
total
7 551
17 386
-
-
Dividends
32 193
74 114
-
-
withholding
2 414
14 951
-
-
total
2 414
14 951
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 549
32 337
39 577
31 333
After tax
61 951
59 163
51 923
60 167
Living cost
32 171
32 171
32 171
32 171
Free-cash
29 780
26 992
19 752
27 996

Estimated living cost  is ₴32171 per week

₴24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3780
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.
₴4024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴69504
₴70386
₴71787
₴66745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
1 975
income
-
-
-
13 725
pensions

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

-
-
-
2 541
unemployment
-
-
-
69
total
-
-
-
18 310
Employee
8 534
-
88 131
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

749
-
1 508
-
health
393
-
790
-
income
853
-
8 813
-
total
2 089
-
11 300
-
Employer
8 534
-
88 131
-
pensions

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

941
-
1 892
-
health
589
-
1 185
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
total
1 675
-
3 369
-
Corporate
81 291
91 500
-
-
income
8 129
9 150
-
-
total
8 129
9 150
-
-
Dividends
73 162
82 350
-
-
withholding
3 658
4 118
-
-
total
3 658
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
15 551
13 268
14 669
18 310
After tax
75 949
78 232
76 831
73 190
Living cost
6 445
6 445
6 445
6 445
Free-cash
69 504
71 787
70 386
66 745

Estimated living cost  is ₴6445 per week

₴3763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19350
₴30439
₴18115
₴22914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
6 062
income
-
-
-
29 504
pensions
-
-
-
5 760
total
-
-
-
41 326
Employee
45 578
41 981
82 364
-
pensions
5 760
5 760
5 760
-
health
5 686
5 481
6 062
-
income

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

6 872
6 872
12 843
-
total
18 318
18 113
24 665
-
Employer
45 578
41 981
82 364
-
pensions
3 172
2 922
3 632
-
health
3 167
2 918
3 626
-
unemployment
1 641
1 511
1 878
-
total
7 980
7 351
9 136
-
Corporate
37 942
42 168
-
-
income
7 588
8 433
-
-
total
7 588
8 433
-
-
Dividends
30 354
33 734
-
-
income
6 450
7 168
-
-
withholding
4 554
5 060
-
-
total
11 004
12 228
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 890
46 125
33 801
41 326
After tax
46 610
45 375
57 699
50 174
Living cost
27 260
27 260
27 260
27 260
Free-cash
19 350
18 115
30 439
22 914

Estimated living cost  is ₴27260 per week

₴20109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴46430
₴36035
₴50786
₴40030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
17 572
health
-
-
-
12 352
income
-
-
-
9 236
solidarity contribution
-
-
-
98
total
-
-
-
39 258
Employee
17 958
-
70 143
-
solidarity contribution
-
-
-
-
health
2 424
-
9 469
-
social contributions
1 167
-
3 912
-
income
2 155
-
8 514
-
total
5 746
-
21 895
-
Employer
17 958
-
70 143
-
health
1 616
-
6 313
-
social contributions
4 490
-
15 045
-
total
6 106
-
21 358
-
Corporate
67 436
91 500
-
-
income
12 813
17 385
-
-
total
12 813
17 385
-
-
Dividends
54 623
74 115
-
-
withholding
8 193
11 117
-
-
total
8 193
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 858
28 502
43 253
39 258
After tax
58 642
62 998
48 247
52 242
Living cost
12 212
12 212
12 212
12 212
Free-cash
46 430
50 786
36 035
40 030

Estimated living cost  is ₴12212 per week

₴8482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
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.
₴2620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25509
₴18567
₴28076
₴22699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 534
municipal
-
-
-
544
regional
-
-
-
1 085
national
-
-
-
22 894
total
-
-
-
48 057
Employee
43 691
-
91 500
-
regional
412
-
958
-
municipal
231
-
485
-
national
7 571
-
19 892
-
social contributions
14 732
-
30 854
-
total
22 946
-
52 189
-
Employer
43 691
-
91 500
-
total
-
-
-
-
Corporate
47 809
91 500
-
-
municipal
1 865
3 568
-
-
nationa
11 474
21 960
-
-
total
13 339
25 528
-
-
Dividends
34 471
65 972
-
-
withholding
8 962
17 152
-
-
total
8 962
17 152
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 247
42 680
52 189
48 057
After tax
46 253
48 820
39 311
43 443
Living cost
20 744
20 744
20 744
20 744
Free-cash
25 509
28 076
18 567
22 699

Estimated living cost  is ₴20744 per week

₴14460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45175
₴29380
₴46705
₴32387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
4 658
income
-
-
-
26 220
surtax
-
-
-
4 153
pensions
-
-
-
13 122
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
48 265
Employee
16 257
-
77 689
-
unemployment
1 132
-
4 567
-
pensions
1 084
-
4 376
-
health
415
-
1 673
-
income
2 725
-
23 280
-
other
-
-
-
-
surtax
53
-
3 566
-
total
5 409
-
37 462
-
Employer
16 257
-
77 689
-
pensions
2 167
-
8 746
-
other
-
-
-
-
health
740
-
2 985
-
unemployment
515
-
2 079
-
total
3 422
-
13 810
-
Corporate
71 821
91 500
-
-
income
18 673
23 790
-
-
total
18 673
23 790
-
-
Dividends
53 148
67 710
-
-
withholding
7 973
10 157
-
-
total
7 973
10 157
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 477
33 947
51 272
48 265
After tax
56 023
57 553
40 228
43 235
Living cost
10 848
10 848
10 848
10 848
Free-cash
45 175
46 705
29 380
32 387

Estimated living cost  is ₴10848 per week

₴6633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1001
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.
₴2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40366
₴29945
₴37185
₴38189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 869
pensions
-
-
-
4 464
total
-
-
-
31 333
Employee
30 504
-
79 868
-
pensions
2 589
-
5 440
-
health
443
-
1 132
-
income
5 494
-
21 373
-
total
8 526
-
27 945
-
Employer
30 504
-
79 868
-
pensions
3 302
-
10 115
-
health
579
-
1 517
-
total
3 881
-
11 632
-
Corporate
57 114
91 500
-
-
income

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

10 851
17 386
-
-
total
10 851
17 386
-
-
Dividends
46 263
74 114
-
-
withholding
5 898
14 951
-
-
total
5 898
14 951
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 156
32 337
39 577
31 333
After tax
62 344
59 163
51 923
60 167
Living cost
21 978
21 978
21 978
21 978
Free-cash
40 366
37 185
29 945
38 189

Estimated living cost  is ₴21978 per week

₴16466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴19537
₴30748
₴2860
₴34895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
206
pensions
-
-
-
8 417
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.

-
-
-
1 830
regional
-
-
-
4 587
city
-
-
-
964
national
-
-
-
1 619
total
-
-
-
17 623
Employee
45 619
-
81 896
-
unemployment
-
-
-
-
pensions
3 833
-
6 880
-
regional
1 494
-
3 947
-
national
216
-
1 177
-
health
103
-
184
-
city
490
-
880
-
total
6 136
-
13 068
-
Employer
45 619
-
81 896
-
pensions
3 833
-
6 880
-
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.

912
-
1 638
-
health
103
-
184
-
unemployment
-
-
-
-
total
4 848
-
8 702
-
Corporate
40 531
91 500
-
-
regional
8 572
19 352
-
-
national
3 445
7 777
-
-
total
12 017
27 129
-
-
Dividends
28 514
64 370
-
-
withholding
9 980
22 529
-
-
total
9 980
22 529
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 981
49 658
21 770
17 623
After tax
58 519
41 842
69 730
73 877
Living cost
38 982
38 982
38 982
38 982
Free-cash
19 537
2 860
30 748
34 895

Estimated living cost  is ₴38982 per week

₴25350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴30651
₴35207
₴22680
₴23435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health

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

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

-
-
-
3 358
trade
-
-
-
11 772
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.

-
-
-
28 828
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.

-
-
-
1 586
total
-
-
-
45 544
Employee

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

29 544
-
91 500
-
health

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

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

3 358
-
3 358
-
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.

3 474
-
28 828
-
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.

191
-
1 586
-
total
7 023
-
33 772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 956
91 500
-
-
income
9 294
13 725
-
-
chamber of commerce
161
203
-
-
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.

511
755
-
-
trade
10 626
15 692
-
-
total
20 592
30 375
-
-
Dividends
41 364
61 125
-
-
surtax

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

559
830
-
-
withholding
10 154
15 094
-
-
total
10 713
15 924
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 328
46 299
33 772
45 544
After tax
53 172
45 201
57 728
45 956
Living cost
22 521
22 521
22 521
22 521
Free-cash
30 651
22 680
35 207
23 435

Estimated living cost  is ₴22521 per week

₴16448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32201
₴32904
₴29297
₴34665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
2 607
health
-
-
-
4 023
income
-
-
-
14 703
surtax
-
-
-
-
pensions
-
-
-
15 847
other
-
-
-
2 836
total
-
-
-
40 016
Employee
21 040
-
70 628
-
pensions
2 379
-
4 989
-
social contributions
600
-
2 012
-
income
1 242
-
13 905
-
surtax
-
-
-
-
total
4 221
-
20 906
-
Employer
21 040
-
70 628
-
pensions
3 456
-
8 384
-
other
726
-
2 788
-
health
1 473
-
6 627
-
unemployment
852
-
2 860
-
social contributions
63
-
212
-
total
6 570
-
20 871
-
Corporate
63 890
91 500
-
-
income
17 889
25 620
-
-
surtax
-
-
-
-
total
17 889
25 620
-
-
Dividends
46 000
65 880
-
-
surtax
-
-
-
-
social contributions
7 912
11 331
-
-
withholding
5 888
8 433
-
-
total
13 800
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 480
45 384
41 777
40 016
After tax
49 020
46 116
49 723
51 484
Living cost
16 819
16 819
16 819
16 819
Free-cash
32 201
29 297
32 904
34 665

Estimated living cost  is ₴16819 per week

₴10605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
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.
₴4561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33696
₴34570
₴30963
₴36331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
2 607
health
-
-
-
4 023
income
-
-
-
14 703
surtax
-
-
-
-
pensions
-
-
-
15 847
other
-
-
-
2 836
total
-
-
-
40 016
Employee
18 781
-
70 628
-
pensions
2 124
-
4 989
-
social contributions
535
-
2 012
-
income
968
-
13 905
-
surtax
-
-
-
-
total
3 627
-
20 906
-
Employer
18 781
-
70 628
-
pensions
3 086
-
8 384
-
other
648
-
2 788
-
health
1 314
-
6 627
-
unemployment
760
-
2 860
-
social contributions
56
-
212
-
total
5 864
-
20 871
-
Corporate
66 854
91 500
-
-
income
18 719
25 620
-
-
surtax
-
-
-
-
total
18 719
25 620
-
-
Dividends
48 135
65 880
-
-
surtax
-
-
-
-
social contributions
8 280
11 331
-
-
withholding
6 161
8 433
-
-
total
14 441
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 651
45 384
41 777
40 016
After tax
48 849
46 116
49 723
51 484
Living cost
15 153
15 153
15 153
15 153
Free-cash
33 696
30 963
34 570
36 331

Estimated living cost  is ₴15153 per week

₴8788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45655
₴46306
₴45400
₴48337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
12 627
health
-
-
-
6 387
income
-
-
-
13 725
total
-
-
-
32 739
Employee
16 668
-
91 500
-
health
1 163
-
6 387
-
social contributions
2 301
-
12 627
-
income
2 780
-
15 756
-
total
6 244
-
34 770
-
Employer
16 668
-
91 500
-
total
-
-
-
-
Corporate
74 832
91 500
-
-
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%.

3 742
4 575
-
-
total
3 742
4 575
-
-
Dividends
71 090
86 925
-
-
health
4 962
6 068
-
-
social contributions
9 810
11 995
-
-
withholding
10 663
13 038
-
-
total
25 435
31 101
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 421
35 676
34 770
32 739
After tax
56 079
55 824
56 730
58 761
Living cost
10 424
10 424
10 424
10 424
Free-cash
45 655
45 400
46 306
48 337

Estimated living cost  is ₴10424 per week

₴6976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴643
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.
₴2565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32498
₴6867
₴33258
₴29654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
4 393
surtax
-
-
-
97
income
-
-
-
26 028
chamber of commerce
-
-
-
366
pensions
-
-
-
10 625
unemployment
-
-
-
3 015
total
-
-
-
44 524
Employee
24 568
19 591
73 687
-
unemployment
737
588
1 723
-
pensions
2 516
2 006
5 881
-
health
951
758
2 222
-
income
2 797
1 445
21 142
-
other
245
196
575
-
total
7 246
4 993
31 543
-
Employer
24 568
19 591
73 687
-
chamber of commerce
98
78
295
-
pensions
3 083
2 459
7 208
-
other
1 167
930
3 361
-
health
928
741
2 171
-
unemployment
737
588
1 723
-
accident
319
255
746
-
surtax
97
97
97
-
payroll
737
588
2 211
-
total
7 166
5 736
17 812
-
Corporate
59 765
66 173
71 822
-
income

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

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

14 941
16 543
17 956
-
total
14 941
16 543
17 956
-
Dividends
44 824
49 630
-
-
withholding
12 327
13 648
-
-
total
12 327
13 648
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 680
40 920
67 311
44 524
After tax
49 820
50 580
24 189
46 976
Living cost
17 322
17 322
17 322
17 322
Free-cash
32 498
33 258
6 867
29 654

Estimated living cost  is ₴17322 per week

₴11553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25867
₴14016
₴33239
₴21777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
12 256
communal

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

-
-
-
4 755
national
-
-
-
34 788
total
-
-
-
51 799
Employee

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

35 165
-
70 870
-
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.

306
-
617
-
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.

2 637
-
5 315
-
national
10 811
-
25 970
-
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.

1 652
-
3 331
-
communal

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

1 834
-
3 696
-
total
17 240
-
38 929
-
Employer

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

35 165
-
70 870
-
pensions

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

3 116
-
6 279
-
health

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

2 162
-
4 359
-
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.

513
-
1 035
-
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.

457
-
922
-
surtax
3 987
-
8 036
-
total
10 235
-
20 631
-
Corporate
46 100
91 500
-
-
income
9 220
18 300
-
-
surtax
185
366
-
-
total
9 405
18 666
-
-
Dividends
36 695
72 834
-
-
withholding

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

10 829
21 671
-
-
total
10 829
21 671
-
-
Income
91 500
91 500
91 500
91 500
Total tax
47 709
40 337
59 560
51 799
After tax
43 791
51 163
31 940
39 701
Living cost
17 924
17 924
17 924
17 924
Free-cash
25 867
33 239
14 016
21 777

Estimated living cost  is ₴17924 per week

₴11546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39811
₴31477
₴43177
₴33541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
410
income
-
-
-
26 535
pensions
-
-
-
12 895
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
40 205
Employee
24 471
-
76 974
-
unemployment
380
-
706
-
pensions
1 150
-
2 142
-
income
5 163
-
24 848
-
other
24
-
46
-
total
6 717
-
27 742
-
Employer
24 471
-
76 974
-
pensions
5 775
-
10 754
-
other
195
-
365
-
unemployment
1 346
-
2 506
-
accident
484
-
902
-
total
7 800
-
14 527
-
Corporate
59 229
91 500
-
-
income

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

8 884
13 725
-
-
total
8 884
13 725
-
-
Dividends
50 345
77 775
-
-
withholding
10 534
16 844
-
-
total
10 534
16 844
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 935
30 569
42 269
40 205
After tax
57 565
60 931
49 231
51 295
Living cost
17 754
17 754
17 754
17 754
Free-cash
39 811
43 177
31 477
33 541

Estimated living cost  is ₴17754 per week

₴13074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1259
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.
₴3164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20015
₴21621
₴26463
₴17973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
772
health
-
-
-
6 428
income
-
-
-
15 577
surtax
-
-
-
4 536
pensions
-
-
-
13 715
communal
-
-
-
5 783
total
-
-
-
46 811
Employee
37 229
-
81 732
-
pensions
2 978
-
6 539
-
health
1 657
-
3 637
-
income
3 596
-
18 211
-
surtax
2 282
-
5 009
-
total
10 513
-
33 396
-
Employer
37 229
-
81 732
-
pensions
2 978
-
6 539
-
health
1 135
-
2 493
-
accident
335
-
735
-
total
4 448
-
9 767
-
Corporate
49 823
91 500
-
-
income
7 474
13 725
-
-
communal
3 363
6 176
-
-
surtax
523
961
-
-
total
11 360
20 862
-
-
Dividends
38 463
70 638
-
-
income
12 679
6 863
-
-
withholding
5 769
10 596
-
-
total
18 448
17 459
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 769
38 321
43 163
46 811
After tax
46 731
53 179
48 337
44 689
Living cost
26 716
26 716
26 716
26 716
Free-cash
20 015
26 463
21 621
17 973

Estimated living cost  is ₴26716 per week

₴20041
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.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44947
₴29186
₴46511
₴32193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
4 658
income
-
-
-
26 220
surtax
-
-
-
4 153
pensions
-
-
-
13 122
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
48 265
Employee
16 555
-
77 689
-
unemployment
1 152
-
4 567
-
pensions
1 105
-
4 376
-
health
423
-
1 673
-
income
2 775
-
23 280
-
other
-
-
-
-
surtax
59
-
3 566
-
total
5 514
-
37 462
-
Employer
16 555
-
77 689
-
pensions
2 207
-
8 746
-
other
-
-
-
-
health
753
-
2 985
-
unemployment
525
-
2 079
-
total
3 485
-
13 810
-
Corporate
71 459
91 500
-
-
income
18 580
23 790
-
-
total
18 580
23 790
-
-
Dividends
52 879
67 710
-
-
withholding
7 932
10 157
-
-
total
7 932
10 157
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 511
33 947
51 272
48 265
After tax
55 989
57 553
40 228
43 235
Living cost
11 042
11 042
11 042
11 042
Free-cash
44 947
46 511
29 186
32 193

Estimated living cost  is ₴11042 per week

₴6667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33760
₴25795
₴34851
₴29906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 534
municipal
-
-
-
544
regional
-
-
-
1 379
national
-
-
-
22 894
total
-
-
-
48 351
Employee
27 270
-
91 500
-
regional
367
-
1 231
-
municipal
145
-
485
-
national
4 320
-
19 892
-
social contributions
9 196
-
30 854
-
total
14 028
-
52 462
-
Employer
27 270
-
91 500
-
total
-
-
-
-
Corporate
64 230
91 500
-
-
municipal
3 192
4 548
-
-
nationa
15 415
21 960
-
-
total
18 607
26 508
-
-
Dividends
45 622
64 992
-
-
withholding
11 862
16 898
-
-
total
11 862
16 898
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 497
43 406
52 462
48 351
After tax
47 003
48 094
39 038
43 149
Living cost
13 243
13 243
13 243
13 243
Free-cash
33 760
34 851
25 795
29 906

Estimated living cost  is ₴13243 per week

₴8236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42582
₴33199
₴47950
₴37194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
17 572
health
-
-
-
12 352
income
-
-
-
9 236
solidarity contribution
-
-
-
98
total
-
-
-
39 258
Employee
22 129
-
70 143
-
solidarity contribution
-
-
-
-
health
2 987
-
9 469
-
social contributions
1 438
-
3 912
-
income
2 656
-
8 514
-
total
7 081
-
21 895
-
Employer
22 129
-
70 143
-
health
1 992
-
6 313
-
social contributions
5 532
-
15 045
-
total
7 524
-
21 358
-
Corporate
61 847
91 500
-
-
income
11 751
17 385
-
-
total
11 751
17 385
-
-
Dividends
50 096
74 115
-
-
withholding
7 514
11 117
-
-
total
7 514
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 870
28 502
43 253
39 258
After tax
57 630
62 998
48 247
52 242
Living cost
15 048
15 048
15 048
15 048
Free-cash
42 582
47 950
33 199
37 194

Estimated living cost  is ₴15048 per week

₴11191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34704
₴8530
₴34949
₴31389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
4 393
surtax
-
-
-
-
income
-
-
-
26 028
chamber of commerce
-
-
-
366
pensions
-
-
-
10 625
unemployment
-
-
-
3 015
total
-
-
-
44 427
Employee
21 489
19 591
73 778
-
unemployment
645
588
1 723
-
pensions
2 201
2 006
5 881
-
health
831
758
2 222
-
income
1 914
1 445
21 185
-
other
215
196
575
-
total
5 806
4 993
31 586
-
Employer
21 489
19 591
73 778
-
chamber of commerce
86
78
295
-
pensions
2 697
2 459
7 208
-
other
1 021
930
3 365
-
health
813
741
2 171
-
unemployment
645
588
1 723
-
accident
279
255
746
-
surtax
-
-
-
-
payroll
645
588
2 214
-
total
6 186
5 639
17 722
-
Corporate
63 826
66 270
71 913
-
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.

15 956
16 567
17 978
-
total
15 956
16 567
17 978
-
Dividends
47 870
49 703
-
-
withholding
13 164
13 668
-
-
total
13 164
13 668
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 112
40 867
67 286
44 427
After tax
50 388
50 633
24 214
47 073
Living cost
15 684
15 684
15 684
15 684
Free-cash
34 704
34 949
8 530
31 389

Estimated living cost  is ₴15684 per week

₴9408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴79422
₴66882
₴80607
₴84267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
7 897
-
91 500
-
income
1 580
-
18 300
-
total
1 580
-
18 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 603
91 500
-
-
total
-
-
-
-
Dividends
83 603
91 500
-
-
withholding
4 180
4 575
-
-
total
4 180
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 760
4 575
18 300
915
After tax
85 740
86 925
73 200
90 585
Living cost
6 318
6 318
6 318
6 318
Free-cash
79 422
80 607
66 882
84 267

Estimated living cost  is ₴6318 per week

₴4275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
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.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45698
₴28830
₴49812
₴31256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health
-
-
-
9 003
income
-
-
-
21 208
pensions
-
-
-
16 710
unemployment
-
-
-
137
total
-
-
-
47 058
Employee

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

21 739
-
79 173
-
unemployment
31
-
111
-
pensions
3 370
-
12 271
-
health
1 404
-
5 115
-
income
3 749
-
19 659
-
total
8 554
-
37 156
-
Employer

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

21 739
-
79 173
-
pensions
1 924
-
7 007
-
health
1 448
-
5 273
-
unemployment
13
-
48
-
total
3 385
-
12 328
-
Corporate
66 377
91 500
-
-
income
12 612
17 385
-
-
total
12 612
17 385
-
-
Dividends
53 765
74 115
-
-
withholding
8 065
11 117
-
-
total
8 065
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 616
28 502
49 484
47 058
After tax
58 884
62 998
42 016
44 442
Living cost
13 186
13 186
13 186
13 186
Free-cash
45 698
49 812
28 830
31 256

Estimated living cost  is ₴13186 per week

₴9049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
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.
₴3037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10965
₴63754
₴34406
₴41971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
10 431
income
-
-
-
17 835
total
-
-
-
28 266
Employee
30 489
-
-
-
social contributions
2 500
-
356
-
income
6 725
-
-
-
total
9 225
-
356
-
Employer
30 489
-
-
-
social contributions
42 989
-
6 127
-
total
42 989
-
6 127
-
Corporate
18 022
91 500
-
-
income
3 965
20 130
-
-
total
3 965
20 130
-
-
Dividends
14 057
71 370
-
-
income
3 093
15 701
-
-
total
3 093
15 701
-
-
Income
91 500
91 500
91 500
91 500
Total tax
59 272
35 831
6 483
28 266
After tax
32 228
55 669
85 017
63 234
Living cost
21 263
21 263
21 263
21 263
Free-cash
10 965
34 406
63 754
41 971

Estimated living cost  is ₴21263 per week

₴13797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36129
₴26332
₴36626
₴33268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
social contributions

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

-
-
-
31 796
income
-
-
-
11 016
surtax
-
-
-
-
total
-
-
-
42 812
Employee
22 610
-
73 939
-
social contributions
2 487
-
8 133
-
income
4 703
-
24 055
-
surtax
-
-
-
-
total
7 190
-
32 188
-
Employer
22 610
-
73 939
-
social contributions
5 370
-
17 560
-
total
5 370
-
17 560
-
Corporate
63 520
91 500
-
-
income
13 340
19 215
-
-
surtax
-
-
-
-
total
13 340
19 215
-
-
Dividends
50 181
72 285
-
-
withholding
14 051
20 239
-
-
total
14 051
20 239
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 951
39 454
49 748
42 812
After tax
51 549
52 046
41 752
48 688
Living cost
15 420
15 420
15 420
15 420
Free-cash
36 129
36 626
26 332
33 268

Estimated living cost  is ₴15420 per week

₴11537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25753
₴25979
₴22372
₴27740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
2 607
health
-
-
-
4 023
income
-
-
-
14 703
surtax
-
-
-
-
pensions
-
-
-
15 847
other
-
-
-
2 836
total
-
-
-
40 016
Employee
30 790
-
70 628
-
pensions
3 483
-
4 989
-
social contributions
877
-
2 012
-
income
2 686
-
13 905
-
surtax
-
-
-
-
total
7 046
-
20 906
-
Employer
30 790
-
70 628
-
pensions
5 059
-
8 384
-
other
1 063
-
2 788
-
health
2 155
-
6 627
-
unemployment
1 247
-
2 860
-
social contributions
92
-
212
-
total
9 616
-
20 871
-
Corporate
51 094
91 500
-
-
income
14 306
25 620
-
-
surtax
-
-
-
-
total
14 306
25 620
-
-
Dividends
36 788
65 880
-
-
surtax
-
-
-
-
social contributions
6 327
11 331
-
-
withholding
4 708
8 433
-
-
total
11 035
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 003
45 384
41 777
40 016
After tax
49 497
46 116
49 723
51 484
Living cost
23 744
23 744
23 744
23 744
Free-cash
25 753
22 372
25 979
27 740

Estimated living cost  is ₴23744 per week

₴16069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴65922
₴54872
₴67573
₴52442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
20 130
income
-
-
-
4 151
total
-
-
-
24 281
Employee
15 804
-
79 221
-
social contributions
1 027
-
5 150
-
income
-
-
4 422
-
total
1 027
-
9 572
-
Employer
15 804
-
79 221
-
social contributions
2 450
-
12 279
-
total
2 450
-
12 279
-
Corporate
73 246
91 500
-
-
income
7 324
9 150
-
-
total
7 324
9 150
-
-
Dividends
65 921
82 350
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
10 801
9 150
21 851
24 281
After tax
80 699
82 350
69 649
67 219
Living cost
14 777
14 777
14 777
14 777
Free-cash
65 922
67 573
54 872
52 442

Estimated living cost  is ₴14777 per week

₴9555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₴15519
-₴15519
-₴15519
₴30020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
19 208
pensions
-
-
-
426
labour market
-
-
-
7 286
national
-
-
-
10 904
total
-
-
-
37 824
Employee
99 845
99 845
99 845
-
pensions
142
142
142
-
municipal
21 261
21 261
21 261
-
national
12 198
12 198
12 198
-
labour market
7 976
7 976
7 976
-
total
41 577
41 577
41 577
-
Employer
99 845
99 845
99 845
-
municipal
21 295
21 295
21 295
-
pensions
284
284
284
-
national
12 219
12 219
12 219
-
labour market
7 988
7 988
7 988
-
total
41 786
41 786
41 786
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
83 363
83 363
83 363
37 824
After tax
8 137
8 137
8 137
53 676
Living cost
23 656
23 656
23 656
23 656
Free-cash
-15 519
-15 519
-15 519
30 020

Estimated living cost  is ₴23656 per week

₴16190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5756
₴39048
-₴3376
₴51749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
126
health
-
-
-
1 085
income
-
-
-
25 498
pensions
-
-
-
2 071
other
-
-
-
184
total
-
-
-
28 964
Employee
16 968
-
82 614
-
pensions
1 911
-
3 797
-
health
1 943
-
9 459
-
income
2 328
-
19 522
-
total
6 182
-
32 778
-
Employer
16 968
-
82 614
-
pensions
2 759
-
5 483
-
unemployment
416
-
2 024
-
accident
283
-
1 380
-
total
3 458
-
8 887
-
Corporate
71 074
91 500
-
-
income

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

63 967
82 350
-
-
total
63 967
82 350
-
-
Dividends
7 107
9 150
-
-
withholding
1 350
1 739
-
-
total
1 350
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
74 957
84 089
41 665
28 964
After tax
16 543
7 411
49 835
62 536
Living cost
10 787
10 787
10 787
10 787
Free-cash
5 756
-3 376
39 048
51 749

Estimated living cost  is ₴10787 per week

₴7851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
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.
₴2118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39512
₴28817
₴38156
₴39431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
91 500
health
-
-
-
1 203
municipal
-
-
-
16 253
national
-
-
-
15 739
total
-
-
-
33 195
Employee
25 864
-
76 975
-
unemployment
388
-
1 155
-
pensions
1 745
-
5 195
-
municipal
4 236
-
12 535
-
national
427
-
9 420
-
health
193
-
980
-
total
6 989
-
29 285
-
Employer
25 864
-
76 975
-
pensions
4 487
-
13 355
-
health
199
-
592
-
unemployment
168
-
500
-
accident
26
-
77
-
total
4 880
-
14 524
-
Corporate
60 756
91 500
-
-
income
12 151
18 300
-
-
total
12 151
18 300
-
-
Dividends

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

36 453
54 900
-
-
national
2 532
6 288
-
-
municipal
6 562
9 882
-
-
total
9 094
16 170
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 114
34 470
43 809
33 195
After tax
58 386
57 030
47 691
58 305
Living cost
18 874
18 874
18 874
18 874
Free-cash
39 512
38 156
28 817
39 431

Estimated living cost  is ₴18874 per week

₴12328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52677
₴50121
₴55352
₴50913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
7 954
health
-
-
-
2 333
income
-
-
-
18 918
total
-
-
-
29 205
Employee
37 802
37 802
85 683
-
health
293
643
1 456
-
social contributions
1 429
3 137
4 232
-
income
4 116
3 499
18 492
-
total
5 838
7 279
24 180
-
Employer
37 802
37 802
85 683
-
health
318
700
1 585
-
social contributions
1 429
3 137
4 232
-
total
1 747
3 837
5 817
-
Corporate
72 533
49 861
-
-
income
9 067
6 233
-
-
total
9 067
6 233
-
-
Dividends
63 466
43 628
-
-
withholding
10 789
7 417
-
-
total
10 789
7 417
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 441
24 766
29 997
29 205
After tax
64 059
66 734
61 503
62 295
Living cost
11 382
11 382
11 382
11 382
Free-cash
52 677
55 352
50 121
50 913

Estimated living cost  is ₴11382 per week

₴6821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴65466
₴59565
₴67966
₴69425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 500
health
-
-
-
1 779
income
-
-
-
9 350
pensions
-
-
-
3 127
unemployment
-
-
-
14
total
-
-
-
14 270
Employee

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

11 284
-
86 696
-
unemployment
56
-
233
-
pensions
1 692
-
6 997
-
health
959
-
3 965
-
income
772
-
8 131
-
total
3 479
-
19 326
-
Employer

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

11 284
-
86 696
-
pensions
620
-
2 565
-
health
485
-
2 006
-
unemployment
56
-
233
-
total
1 161
-
4 804
-
Corporate
79 055
91 500
-
-
income
7 115
8 235
-
-
total
7 115
8 235
-
-
Dividends
71 939
83 265
-
-
withholding
6 474
7 494
-
-
total
6 474
7 494
-
-
Income
91 500
91 500
91 500
91 500
Total tax
18 229
15 729
24 130
14 270
After tax
73 271
75 771
67 370
77 230
Living cost
7 805
7 805
7 805
7 805
Free-cash
65 466
67 966
59 565
69 425

Estimated living cost  is ₴7805 per week

₴4980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45240
₴35713
₴47413
₴37777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
410
income
-
-
-
26 535
pensions
-
-
-
12 895
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
40 205
Employee
18 177
-
76 974
-
unemployment
282
-
706
-
pensions
855
-
2 142
-
income
3 504
-
24 848
-
other
18
-
46
-
total
4 659
-
27 742
-
Employer
18 177
-
76 974
-
pensions
4 290
-
10 754
-
other
146
-
365
-
unemployment
1 000
-
2 506
-
accident
360
-
902
-
total
5 796
-
14 527
-
Corporate
67 527
91 500
-
-
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.

10 130
13 725
-
-
total
10 130
13 725
-
-
Dividends
57 398
77 775
-
-
withholding
12 157
16 844
-
-
total
12 157
16 844
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 742
30 569
42 269
40 205
After tax
58 758
60 931
49 231
51 295
Living cost
13 518
13 518
13 518
13 518
Free-cash
45 240
47 413
35 713
37 777

Estimated living cost  is ₴13518 per week

₴9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55977
₴57880
₴56134
₴57947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
509
income
-
-
-
31 380
pensions
-
-
-
702
total
-
-
-
32 591
Employee
1 465
-
90 711
-
unemployment
15
-
35
-
pensions
132
-
316
-
health
73
-
175
-
income
283
-
31 343
-
total
503
-
31 869
-
Employer
1 465
-
90 711
-
pensions
161
-
386
-
health
139
-
333
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
89 705
91 500
-
-
income
19 735
20 130
-
-
total
19 735
20 130
-
-
Dividends
69 970
71 370
-
-
withholding
13 994
14 274
-
-
total
13 994
14 274
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 561
34 404
32 658
32 591
After tax
56 939
57 096
58 842
58 909
Living cost
962
962
962
962
Free-cash
55 977
56 134
57 880
57 947

Estimated living cost  is ₴962 per week

₴572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴55192
₴48453
₴57610
₴48450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health
-
-
-
3 741
income
-
-
-
20 822
pensions
-
-
-
9 443
unemployment
-
-
-
545
total
-
-
-
34 551
Employee

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

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

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

12 815
-
84 999
-
unemployment
96
-
272
-
pensions
1 794
-
5 084
-
health
660
-
1 870
-
income
1 766
-
20 822
-
total
4 316
-
28 048
-
Employer

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

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

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

12 815
-
84 999
-
pensions
1 538
-
4 358
-
health
660
-
1 870
-
unemployment
96
-
272
-
total
2 294
-
6 500
-
Corporate
76 391
91 500
-
-
income
11 459
13 725
-
-
total
11 459
13 725
-
-
Dividends
64 932
77 775
-
-
withholding
9 740
11 666
-
-
total
9 740
11 666
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 809
25 391
34 548
34 551
After tax
63 691
66 109
56 952
56 949
Living cost
8 499
8 499
8 499
8 499
Free-cash
55 192
57 610
48 453
48 450

Estimated living cost  is ₴8499 per week

₴5722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38615
₴28499
₴38793
₴35435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
social contributions

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

-
-
-
31 796
income
-
-
-
11 016
surtax
-
-
-
-
total
-
-
-
42 812
Employee
19 080
-
73 939
-
social contributions
2 099
-
8 133
-
income
3 728
-
24 055
-
surtax
-
-
-
-
total
5 827
-
32 188
-
Employer
19 080
-
73 939
-
social contributions
4 531
-
17 560
-
total
4 531
-
17 560
-
Corporate
67 889
91 500
-
-
income
14 257
19 215
-
-
surtax
-
-
-
-
total
14 257
19 215
-
-
Dividends
53 632
72 285
-
-
withholding
15 017
20 239
-
-
total
15 017
20 239
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 632
39 454
49 748
42 812
After tax
51 868
52 046
41 752
48 688
Living cost
13 253
13 253
13 253
13 253
Free-cash
38 615
38 793
28 499
35 435

Estimated living cost  is ₴13253 per week

₴9387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40437
₴31954
₴43654
₴34018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
410
income
-
-
-
26 535
pensions
-
-
-
12 895
other
-
-
-
46
unemployment
-
-
-
319
total
-
-
-
40 205
Employee
23 742
-
76 974
-
unemployment
368
-
706
-
pensions
1 116
-
2 142
-
income
4 959
-
24 848
-
other
23
-
46
-
total
6 466
-
27 742
-
Employer
23 742
-
76 974
-
pensions
5 603
-
10 754
-
other
190
-
365
-
unemployment
1 306
-
2 506
-
accident
470
-
902
-
total
7 569
-
14 527
-
Corporate
60 188
91 500
-
-
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.

9 029
13 725
-
-
total
9 029
13 725
-
-
Dividends
51 160
77 775
-
-
withholding
10 722
16 844
-
-
total
10 722
16 844
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 786
30 569
42 269
40 205
After tax
57 714
60 931
49 231
51 295
Living cost
17 277
17 277
17 277
17 277
Free-cash
40 437
43 654
31 954
34 018

Estimated living cost  is ₴17277 per week

₴12408
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.
₴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.
₴3283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴66781
₴68375
₴69776
₴64734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
health
-
-
-
1 975
income
-
-
-
13 725
pensions

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

-
-
-
2 541
unemployment
-
-
-
69
total
-
-
-
18 310
Employee
11 198
-
88 131
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

983
-
1 508
-
health
515
-
790
-
income
1 120
-
8 813
-
total
2 741
-
11 300
-
Employer
11 198
-
88 131
-
pensions

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

1 234
-
1 892
-
health
773
-
1 185
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
total
2 197
-
3 369
-
Corporate
78 106
91 500
-
-
income
7 810
9 150
-
-
total
7 810
9 150
-
-
Dividends
70 295
82 350
-
-
withholding
3 515
4 118
-
-
total
3 515
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
16 263
13 268
14 669
18 310
After tax
75 237
78 232
76 831
73 190
Living cost
8 456
8 456
8 456
8 456
Free-cash
66 781
69 776
68 375
64 734

Estimated living cost  is ₴8456 per week

₴5593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
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.
₴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 Sofia model

Close
Berlin , Germany
₴34535
₴38749
₴28102
₴28898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
health

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

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

-
-
-
3 358
trade
-
-
-
9 851
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.

-
-
-
28 828
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.

-
-
-
1 586
total
-
-
-
43 623
Employee

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

24 460
-
91 500
-
health

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

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

3 358
-
3 358
-
income

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

2 011
-
28 828
-
surtax

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

111
-
1 586
-
total
5 480
-
33 772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 040
91 500
-
-
income
10 056
13 725
-
-
chamber of commerce
173
209
-
-
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.

553
755
-
-
trade
9 620
13 131
-
-
total
20 402
27 820
-
-
Dividends
46 638
63 681
-
-
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.

631
866
-
-
withholding
11 473
15 733
-
-
total
12 104
16 599
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 986
44 419
33 772
43 623
After tax
53 514
47 081
57 728
47 877
Living cost
18 979
18 979
18 979
18 979
Free-cash
34 535
28 102
38 749
28 898

Estimated living cost  is ₴18979 per week

₴13092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37131
₴19643
₴36047
₴19643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
15 379
income
-
-
-
28 474
total
-
-
-
43 853
Employee
38 454
-
91 500
-
social contributions
3 195
-
15 379
-
income
7 256
-
28 474
-
total
10 451
-
43 853
-
Employer
38 454
-
91 500
-
total
-
-
-
-
Corporate
53 046
91 500
-
-
income
6 631
11 437
-
-
total
6 631
11 437
-
-
Dividends
46 415
80 063
-
-
withholding
9 283
16 012
-
-
total
9 283
16 012
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 365
27 449
43 853
43 853
After tax
65 135
64 051
47 647
47 647
Living cost
28 004
28 004
28 004
28 004
Free-cash
37 131
36 047
19 643
19 643

Estimated living cost  is ₴28004 per week

₴21305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40750
₴46915
₴39033
₴56618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
13 994
health

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

-
-
-
3 043
total
-
-
-
17 037
Employee
22 552
-
89 239
-
social contributions
2 260
-
2 261
-
income
2 447
-
22 218
-
total
4 707
-
24 479
-
Employer
22 552
-
89 239
-
social contributions
2 260
-
2 261
-
total
2 260
-
2 261
-
Corporate
66 689
91 500
-
-
income
23 341
32 025
-
-
total
23 341
32 025
-
-
Dividends
43 347
59 475
-
-
social contributions
2 597
2 597
-
-
total
2 597
2 597
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 905
34 622
26 740
17 037
After tax
58 595
56 878
64 760
74 463
Living cost
17 845
17 845
17 845
17 845
Free-cash
40 750
39 033
46 915
56 618

Estimated living cost  is ₴17845 per week

₴11755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1407
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.
₴4410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44145
₴34055
₴41295
₴42299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 869
pensions
-
-
-
4 464
total
-
-
-
31 333
Employee
24 526
-
79 868
-
pensions
1 872
-
5 440
-
health
320
-
1 132
-
income
4 466
-
21 373
-
total
6 658
-
27 945
-
Employer
24 526
-
79 868
-
pensions
2 478
-
10 115
-
health
466
-
1 517
-
total
2 944
-
11 632
-
Corporate
64 030
91 500
-
-
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.

12 166
17 386
-
-
total
12 166
17 386
-
-
Dividends
51 864
74 114
-
-
withholding
7 719
14 951
-
-
total
7 719
14 951
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 487
32 337
39 577
31 333
After tax
62 013
59 163
51 923
60 167
Living cost
17 868
17 868
17 868
17 868
Free-cash
44 145
41 295
34 055
42 299

Estimated living cost  is ₴17868 per week

₴12257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1643
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.
₴3743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴5593
₴37980
-₴4444
₴50681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
126
health
-
-
-
1 085
income
-
-
-
25 498
pensions
-
-
-
2 071
other
-
-
-
184
total
-
-
-
28 964
Employee
18 648
-
82 614
-
pensions
2 100
-
3 797
-
health
2 135
-
9 459
-
income
2 558
-
19 522
-
total
6 793
-
32 778
-
Employer
18 648
-
82 614
-
pensions
3 032
-
5 483
-
unemployment
457
-
2 024
-
accident
311
-
1 380
-
total
3 800
-
8 887
-
Corporate
69 052
91 500
-
-
income

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

62 147
82 350
-
-
total
62 147
82 350
-
-
Dividends
6 905
9 150
-
-
withholding
1 312
1 739
-
-
total
1 312
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
74 052
84 089
41 665
28 964
After tax
17 448
7 411
49 835
62 536
Living cost
11 855
11 855
11 855
11 855
Free-cash
5 593
-4 444
37 980
50 681

Estimated living cost  is ₴11855 per week

₴8700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴68061
₴58899
₴63360
₴48093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
15 161
health insurance
-
-
-
5 815
pensions
-
-
-
14 458
unemployment
-
-
-
943
work injury
-
-
-
393
total
-
-
-
36 770
Employee

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

10 619
-
91 500
-
unemployment
127
-
471
-
pensions
1 954
-
7 229
-
work injury
53
-
196
-
income
1 062
-
15 161
-
health insurance
786
-
2 907
-
total
3 982
-
25 964
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 881
91 500
-
-
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%.

809
9 150
-
-
total
809
9 150
-
-
Dividends
80 072
82 350
-
-
withholding
12 011
12 353
-
-
total
12 011
12 353
-
-
Income
91 500
91 500
91 500
91 500
Total tax
16 802
21 503
25 964
36 770
After tax
74 698
69 997
65 536
54 730
Living cost
6 637
6 637
6 637
6 637
Free-cash
68 061
63 360
58 899
48 093

Estimated living cost  is ₴6637 per week

₴4112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
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.
₴1836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴26377
₴18760
₴28612
₴22775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 534
municipal
-
-
-
612
regional
-
-
-
2 101
national
-
-
-
22 894
total
-
-
-
49 141
Employee
41 425
-
91 500
-
regional
625
-
1 864
-
municipal
247
-
546
-
national
7 001
-
19 892
-
social contributions
13 968
-
30 854
-
total
21 841
-
53 156
-
Employer
41 425
-
91 500
-
total
-
-
-
-
Corporate
50 075
91 500
-
-
municipal
2 413
4 410
-
-
nationa
12 018
21 960
-
-
total
14 431
26 370
-
-
Dividends
35 643
65 130
-
-
withholding
9 267
16 934
-
-
total
9 267
16 934
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 539
43 304
53 156
49 141
After tax
45 961
48 196
38 344
42 359
Living cost
19 584
19 584
19 584
19 584
Free-cash
26 377
28 612
18 760
22 775

Estimated living cost  is ₴19584 per week

₴13757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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