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
₴ 92000
per

Your estimated
City
free-cash

Dresden , Germany
₴33401
₴38138
₴32808
₴44161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
trade
-
-
-
11 353
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.

-
-
-
30 275
health

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

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

-
-
-
2 926
surtax

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

-
-
-
1 665
total
-
-
-
46 219
Employee

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

16 381
-
92 000
-
health

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

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

2 926
-
2 926
-
surtax

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

25
-
1 665
-
income

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

458
-
30 275
-
total
3 409
-
34 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 619
92 000
-
-
surtax

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

624
759
-
-
income
11 343
13 800
-
-
trade
11 910
14 490
-
-
chamber of commerce
174
198
-
-
total
24 051
29 247
-
-
Dividends
51 568
62 754
-
-
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.

700
854
-
-
withholding
12 729
15 525
-
-
total
13 429
16 379
-
-
Income
92 000
92 000
92 000
92 000
Total tax
40 889
45 626
34 866
46 219
After tax
51 111
46 374
57 134
45 781
Living cost
12 973
12 973
12 973
12 973
Free-cash
38 138
33 401
44 161
32 808

Estimated living cost  is ₴12973 per week

₴8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴35767
₴35406
₴31060
₴31554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
10 198
pensions
-
-
-
11 040
national
-
-
-
17 072
social contributions
-
-
-
989
total
-
-
-
39 299
Employee
33 548
-
79 533
-
municipal
4 144
-
10 554
-
pensions
1 342
-
3 181
-
national
6 421
-
17 852
-
total
11 907
-
31 587
-
Employer
33 548
-
79 533
-
social contributions
361
-
855
-
pensions
2 684
-
6 363
-
total
3 045
-
7 218
-
Corporate
53 193
92 000
-
-
income

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

10 639
18 400
-
-
total
10 639
18 400
-
-
Dividends
42 555
73 600
-
-
withholding
9 362
16 192
-
-
total
9 362
16 192
-
-
Income
92 000
92 000
92 000
92 000
Total tax
34 953
34 592
38 805
39 299
After tax
57 047
57 408
53 195
52 701
Living cost
21 641
21 641
21 641
21 641
Free-cash
35 406
35 767
31 554
31 060

Estimated living cost  is ₴21641 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴64690
₴61175
₴24260
₴30861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
microenterprise
-
-
-
-
income
-
-
-
18 960
surtax
-
-
-
23 460
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
16 410
total
-
-
-
58 830
Employee
12 515
-
71 805
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

1 377
-
5 615
-
surtax
-
-
10 411
-
income
2 228
-
16 009
-
total
3 605
-
32 035
-
Employer
12 515
-
71 805
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 015
-
12 296
-
surtax
-
-
7 898
-
total
3 015
-
20 194
-
Corporate
76 471
92 000
-
-
income

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

15 295
18 400
-
-
total
15 295
18 400
-
-
Dividends

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

61 176
73 600
-
-
total
-
-
-
-
Income
92 000
92 000
92 000
92 000
Total tax
21 915
18 400
52 229
58 830
After tax
70 085
73 600
39 771
33 170
Living cost
8 910
8 910
8 910
8 910
Free-cash
61 175
64 690
30 861
24 260

Estimated living cost  is ₴8910 per week

₴5684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴27853
₴25229
₴31698
₴40905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
32 061
pensions
-
-
-
5 018
health
-
-
-
5 281
total
-
-
-
42 360
Employee
36 574
36 574
84 041
-
health
5 614
4 775
5 281
-
income

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

5 987
5 987
14 895
-
pensions
6 583
5 018
5 018
-
total
18 184
15 780
25 194
-
Employer
36 574
36 574
84 041
-
unemployment
1 317
1 317
1 636
-
pensions
2 546
2 546
3 164
-
health
2 542
2 542
3 159
-
total
6 405
6 405
7 959
-
Corporate
49 470
49 021
-
-
income
9 894
9 804
-
-
total
9 894
9 804
-
-
Dividends
39 576
39 217
-
-
income
8 410
8 333
-
-
withholding
5 936
5 883
-
-
total
14 346
14 216
-
-
Income
92 000
92 000
92 000
92 000
Total tax
48 829
46 205
33 153
42 360
After tax
43 171
45 795
58 847
49 640
Living cost
17 942
17 942
17 942
17 942
Free-cash
25 229
27 853
40 905
31 698

Estimated living cost  is ₴17942 per week

₴12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴33684
₴33313
₴29525
₴29124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
24 301
accident
-
-
-
73
pensions
-
-
-
3 920
other
-
-
-
4 214
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
11 120
total
-
-
-
45 927
Employee
23 579
-
80 605
-
municipal
7 031
-
24 036
-
national
-
-
10 898
-
total
7 031
-
34 934
-
Employer
23 579
-
80 605
-
accident
47
-
73
-
other
2 740
-
4 214
-
unemployment
622
-
957
-
pensions
2 549
-
3 920
-
health
1 450
-
2 230
-
total
7 408
-
11 394
-
Corporate
61 012
92 000
-
-
income
13 423
20 240
-
-
total
13 423
20 240
-
-
Dividends
47 589
71 760
-
-
withholding
14 277
21 528
-
-
total
14 277
21 528
-
-
Income
92 000
92 000
92 000
92 000
Total tax
42 139
41 768
46 328
45 927
After tax
49 861
50 232
45 672
46 073
Living cost
16 548
16 548
16 548
16 548
Free-cash
33 313
33 684
29 124
29 525

Estimated living cost  is ₴16548 per week

₴10967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴29076
₴35094
₴28451
₴40309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
trade
-
-
-
11 858
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.

-
-
-
30 275
health

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

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

-
-
-
2 926
surtax

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

-
-
-
1 665
total
-
-
-
46 724
Employee

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

21 719
-
92 000
-
health

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

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

2 926
-
2 926
-
surtax

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

102
-
1 665
-
income

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

1 866
-
30 275
-
total
4 894
-
34 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 281
92 000
-
-
surtax

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

579
759
-
-
income
10 542
13 800
-
-
trade
11 562
15 134
-
-
chamber of commerce
165
196
-
-
total
22 848
29 889
-
-
Dividends
47 432
62 112
-
-
surtax

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

643
845
-
-
withholding
11 696
15 365
-
-
total
12 339
16 210
-
-
Income
92 000
92 000
92 000
92 000
Total tax
40 081
46 099
34 866
46 724
After tax
51 919
45 901
57 134
45 276
Living cost
16 825
16 825
16 825
16 825
Free-cash
35 094
29 076
40 309
28 451

Estimated living cost  is ₴16825 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴53169
₴51394
₴48160
₴47396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
20 672
health
-
-
-
2 346
social contributions
-
-
-
6 930
total
-
-
-
29 948
Employee
32 933
32 933
86 709
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 474
-
income
3 458
3 049
20 260
-
total
5 386
6 342
25 421
-
Employer
32 933
32 933
86 709
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 604
-
total
1 957
3 343
5 291
-
Corporate
70 765
55 724
-
-
income
8 845
6 965
-
-
total
8 845
6 965
-
-
Dividends
61 920
48 758
-
-
withholding
10 526
8 289
-
-
total
10 526
8 289
-
-
Income
92 000
92 000
92 000
92 000
Total tax
26 714
24 939
30 712
29 948
After tax
65 286
67 061
61 288
62 052
Living cost
13 892
13 892
13 892
13 892
Free-cash
51 394
53 169
47 396
48 160

Estimated living cost  is ₴13892 per week

₴9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴43864
₴44028
₴55951
₴45550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
11 247
pensions
-
-
-
9 200
unemployment
-
-
-
1 380
health
-
-
-
6 440
total
-
-
-
28 267
Employee

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
76 987
-
health
786
313
5 389
-
income
1 373
547
9 412
-
pensions
1 123
447
7 699
-
unemployment
168
67
1 155
-
total
3 450
1 374
23 655
-
Employer

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
76 987
-
pensions
2 190
872
15 013
-
total
2 190
872
15 013
-
Corporate
78 577
86 658
-
-
income
7 072
7 799
-
-
total
7 072
7 799
-
-
Dividends
71 505
78 859
-
-
social contributions
13 892
15 326
-
-
withholding
13 586
14 983
-
-
total
27 478
30 309
-
-
Income
92 000
92 000
92 000
92 000
Total tax
40 190
40 354
38 668
28 267
After tax
51 810
51 646
53 332
63 733
Living cost
7 782
7 782
7 782
7 782
Free-cash
44 028
43 864
45 550
55 951

Estimated living cost  is ₴7782 per week

₴5310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴63255
₴60594
₴38967
₴42682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
12 328
pensions
-
-
-
18 400
health
-
-
-
11 960
total
-
-
-
42 688
Employee
12 150
-
68 759
-
income
1 368
-
13 257
-
pensions
243
-
1 375
-
unemployment
194
-
1 100
-
total
1 805
-
15 732
-
Employer
12 150
-
68 759
-
unemployment
98
-
550
-
pensions
2 430
-
13 752
-
health
1 579
-
8 939
-
total
4 107
-
23 241
-
Corporate
75 743
92 000
-
-
income
15 149
18 400
-
-
total
15 149
18 400
-
-
Dividends
60 594
73 600
-
-
total
-
-
-
-
Income
92 000
92 000
92 000
92 000
Total tax
21 061
18 400
38 973
42 688
After tax
70 939
73 600
53 027
49 312
Living cost
10 345
10 345
10 345
10 345
Free-cash
60 594
63 255
42 682
38 967

Estimated living cost  is ₴10345 per week

₴7095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴1915
₴6015
₴53462
₴41204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
108
income
-
-
-
26 204
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
29 171
Employee
14 735
-
83 854
-
health
1 687
-
9 601
-
income
2 022
-
20 435
-
pensions
1 659
-
3 248
-
total
5 368
-
33 284
-
Employer
14 735
-
83 854
-
accident
246
-
1 400
-
unemployment
361
-
2 054
-
pensions
2 396
-
4 691
-
total
3 003
-
8 145
-
Corporate
74 262
92 000
-
-
income

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

66 836
82 800
-
-
total
66 836
82 800
-
-
Dividends
7 426
9 200
-
-
withholding
1 411
1 748
-
-
total
1 411
1 748
-
-
Income
92 000
92 000
92 000
92 000
Total tax
76 618
84 548
41 429
29 171
After tax
15 382
7 452
50 571
62 829
Living cost
9 367
9 367
9 367
9 367
Free-cash
6 015
-1 915
41 204
53 462

Estimated living cost  is ₴9367 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴83546
₴82824
₴87226
₴69746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
92 000
microenterprise

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

-
-
-
920
total
-
-
-
920
Employee
4 817
-
92 000
-
income
963
-
18 400
-
total
963
-
18 400
-
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%.

87 183
92 000
-
-
total
-
-
-
-
Dividends
87 183
92 000
-
-
withholding
4 359
4 600
-
-
total
4 359
4 600
-
-
Income
92 000
92 000
92 000
92 000
Total tax
5 322
4 600
18 400
920
After tax
86 678
87 400
73 600
91 080
Living cost
3 854
3 854
3 854
3 854
Free-cash
82 824
83 546
69 746
87 226

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴56180
₴53289
₴43208
₴42437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
15 790
pensions

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

-
-
-
15 631
other
-
-
-
3 093
health
-
-
-
2 866
total
-
-
-
37 380
Employee
15 551
-
75 505
-
health
218
-
912
-
income
2 677
-
15 534
-
pensions

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

1 088
-
4 559
-
unemployment
155
-
651
-
total
4 138
-
21 656
-
Employer
15 551
-
75 505
-
accident
124
-
604
-
other
778
-
3 256
-
unemployment
155
-
651
-
pensions

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

2 644
-
11 072
-
health
218
-
912
-
total
3 919
-
16 495
-
Corporate
72 530
92 000
-
-
income
15 231
19 320
-
-
total
15 231
19 320
-
-
Dividends
57 299
72 680
-
-
withholding
4 011
5 088
-
-
total
4 011
5 088
-
-
Income
92 000
92 000
92 000
92 000
Total tax
27 299
24 408
38 151
37 380
After tax
64 701
67 592
53 849
54 620
Living cost
11 412
11 412
11 412
11 412
Free-cash
53 289
56 180
42 437
43 208

Estimated living cost  is ₴11412 per week

₴8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴29721
₴33182
₴31040
₴22804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
28 025
pensions
-
-
-
4 192
total
-
-
-
32 217
Employee
40 666
-
80 216
-
health
670
-
1 100
-
income
7 331
-
22 533
-
pensions
3 923
-
5 037
-
total
11 924
-
28 670
-
Employer
40 666
-
80 216
-
pensions
4 802
-
10 259
-
health
772
-
1 524
-
total
5 574
-
11 783
-
Corporate
45 760
92 000
-
-
income

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

8 694
17 480
-
-
total
8 694
17 480
-
-
Dividends
37 065
74 520
-
-
withholding
3 883
16 056
-
-
total
3 883
16 056
-
-
Income
92 000
92 000
92 000
92 000
Total tax
30 075
33 536
40 453
32 217
After tax
61 925
58 464
51 547
59 783
Living cost
28 743
28 743
28 743
28 743
Free-cash
33 182
29 721
22 804
31 040

Estimated living cost  is ₴28743 per week

₴21537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴73041
₴71050
₴68583
₴72369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
13 800
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 798
Employee
7 440
-
89 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
8 906
-
pensions

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

653
-
1 314
-
total
1 821
-
11 074
-
Employer
7 440
-
89 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
83 100
92 000
-
-
income
8 310
9 200
-
-
total
8 310
9 200
-
-
Dividends
74 790
82 800
-
-
withholding
3 740
4 140
-
-
total
3 740
4 140
-
-
Income
92 000
92 000
92 000
92 000
Total tax
15 331
13 340
14 012
17 798
After tax
76 669
78 660
77 988
74 202
Living cost
5 619
5 619
5 619
5 619
Free-cash
71 050
73 041
72 369
68 583

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴22046
₴23124
₴25891
₴35098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
32 061
pensions
-
-
-
5 018
health
-
-
-
5 281
total
-
-
-
42 360
Employee
39 708
36 574
84 041
-
health
4 954
4 775
5 281
-
income

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

5 987
5 987
14 895
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
25 194
-
Employer
39 708
36 574
84 041
-
unemployment
1 430
1 317
1 636
-
pensions
2 763
2 546
3 164
-
health
2 759
2 542
3 159
-
total
6 952
6 405
7 959
-
Corporate
45 340
49 021
-
-
income
9 068
9 804
-
-
total
9 068
9 804
-
-
Dividends
36 272
39 217
-
-
income
7 707
8 333
-
-
withholding
5 441
5 883
-
-
total
13 148
14 216
-
-
Income
92 000
92 000
92 000
92 000
Total tax
45 127
46 205
33 153
42 360
After tax
46 873
45 795
58 847
49 640
Living cost
23 749
23 749
23 749
23 749
Free-cash
23 124
22 046
35 098
25 891

Estimated living cost  is ₴23749 per week

₴17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴53085
₴49426
₴43842
₴39845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
9 723
health
-
-
-
12 420
solidarity contribution
-
-
-
999
social contributions
-
-
-
14 759
total
-
-
-
37 901
Employee
15 084
-
72 811
-
social contributions
980
-
3 285
-
health
2 036
-
9 829
-
solidarity contribution
-
-
640
-
income
1 810
-
8 954
-
total
4 826
-
22 708
-
Employer
15 084
-
72 811
-
social contributions
3 771
-
12 637
-
health
1 358
-
6 553
-
total
5 129
-
19 190
-
Corporate
71 788
92 000
-
-
income
13 640
17 480
-
-
total
13 640
17 480
-
-
Dividends
58 148
74 520
-
-
withholding
8 722
11 178
-
-
total
8 722
11 178
-
-
Income
92 000
92 000
92 000
92 000
Total tax
32 317
28 658
41 898
37 901
After tax
59 683
63 342
50 102
54 099
Living cost
10 257
10 257
10 257
10 257
Free-cash
49 426
53 085
39 845
43 842

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴31014
₴28777
₴25992
₴22362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
565
regional
-
-
-
1 143
national
-
-
-
24 792
social contributions
-
-
-
21 436
total
-
-
-
47 936
Employee
38 064
-
92 000
-
social contributions
12 835
-
28 103
-
regional
359
-
1 027
-
municipal
202
-
511
-
national
6 596
-
21 925
-
total
19 992
-
51 566
-
Employer
38 064
-
92 000
-
total
-
-
-
-
Corporate
53 936
92 000
-
-
nationa
12 945
22 080
-
-
municipal
2 103
3 588
-
-
total
15 048
25 668
-
-
Dividends
38 888
66 331
-
-
withholding
10 111
17 246
-
-
total
10 111
17 246
-
-
Income
92 000
92 000
92 000
92 000
Total tax
45 151
42 914
51 566
47 936
After tax
46 849
49 086
40 434
44 064
Living cost
18 072
18 072
18 072
18 072
Free-cash
28 777
31 014
22 362
25 992

Estimated living cost  is ₴18072 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴48417
₴47084
₴33866
₴31247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
28 371
pensions
-
-
-
11 432
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 724
total
-
-
-
48 683
Employee
14 163
-
79 968
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
4 212
-
income
2 374
-
25 809
-
pensions
944
-
3 813
-
unemployment
986
-
3 978
-
total
4 712
-
39 269
-
Employer
14 163
-
79 968
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
74 856
92 000
-
-
income
19 462
23 920
-
-
total
19 462
23 920
-
-
Dividends
55 393
68 080
-
-
withholding
8 309
10 212
-
-
total
8 309
10 212
-
-
Income
92 000
92 000
92 000
92 000
Total tax
35 465
34 132
51 302
48 683
After tax
56 535
57 868
40 698
43 317
Living cost
9 451
9 451
9 451
9 451
Free-cash
47 084
48 417
31 247
33 866

Estimated living cost  is ₴9451 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴38828
₴41668
₴40147
₴31911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
28 025
pensions
-
-
-
4 192
total
-
-
-
32 217
Employee
27 254
-
80 216
-
health
396
-
1 100
-
income
4 908
-
22 533
-
pensions
2 313
-
5 037
-
total
7 617
-
28 670
-
Employer
27 254
-
80 216
-
pensions
2 950
-
10 259
-
health
518
-
1 524
-
total
3 468
-
11 783
-
Corporate
61 279
92 000
-
-
income

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

11 643
17 480
-
-
total
11 643
17 480
-
-
Dividends
49 636
74 520
-
-
withholding
7 968
16 056
-
-
total
7 968
16 056
-
-
Income
92 000
92 000
92 000
92 000
Total tax
30 696
33 536
40 453
32 217
After tax
61 304
58 464
51 547
59 783
Living cost
19 636
19 636
19 636
19 636
Free-cash
41 668
38 828
31 911
40 147

Estimated living cost  is ₴19636 per week

₴14711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₴9700
₴23550
₴40784
₴37306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
city
-
-
-
969
pensions
-
-
-
8 464
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.

-
-
-
1 840
regional
-
-
-
5 086
health
-
-
-
207
national
-
-
-
2 281
total
-
-
-
18 847
Employee
37 880
-
82 733
-
city
407
-
894
-
regional
1 240
-
4 513
-
health
86
-
186
-
pensions
3 182
-
6 516
-
unemployment
-
-
-
-
national
179
-
1 860
-
total
5 094
-
13 969
-
Employer
37 880
-
82 733
-
other

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

757
-
1 654
-
unemployment
-
-
-
-
pensions
3 182
-
6 516
-
health
86
-
186
-
total
4 025
-
8 356
-
Corporate
49 678
92 000
-
-
regional
10 507
19 458
-
-
national
4 222
7 820
-
-
total
14 729
27 278
-
-
Dividends
34 949
64 722
-
-
withholding
12 233
22 653
-
-
total
12 233
22 653
-
-
Income
92 000
92 000
92 000
92 000
Total tax
36 081
49 931
22 325
18 847
After tax
55 919
42 069
69 675
73 153
Living cost
32 369
32 369
32 369
32 369
Free-cash
23 550
9 700
37 306
40 784

Estimated living cost  is ₴32369 per week

₴21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₴25809
₴32752
₴25151
₴37514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
trade
-
-
-
12 363
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.

-
-
-
30 275
health

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

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

-
-
-
2 926
surtax

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

-
-
-
1 665
total
-
-
-
47 229
Employee

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

25 739
-
92 000
-
health

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

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

2 926
-
2 926
-
surtax

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

167
-
1 665
-
income

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

3 027
-
30 275
-
total
6 120
-
34 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 261
92 000
-
-
surtax

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

547
759
-
-
income
9 939
13 800
-
-
trade
11 364
15 778
-
-
chamber of commerce
158
194
-
-
total
22 008
30 531
-
-
Dividends
44 252
61 469
-
-
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
836
-
-
withholding
10 900
15 204
-
-
total
11 500
16 040
-
-
Income
92 000
92 000
92 000
92 000
Total tax
39 628
46 571
34 866
47 229
After tax
52 372
45 429
57 134
44 771
Living cost
19 620
19 620
19 620
19 620
Free-cash
32 752
25 809
37 514
25 151

Estimated living cost  is ₴19620 per week

₴14330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₴31714
₴34244
₴36067
₴33649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
16 573
pensions
-
-
-
14 827
other
-
-
-
2 852
health
-
-
-
4 407
surtax
-
-
-
-
social contributions
-
-
-
2 621
total
-
-
-
41 280
Employee
18 330
-
70 364
-
social contributions
523
-
2 004
-
surtax
-
-
-
-
income
1 082
-
14 818
-
pensions
2 073
-
5 240
-
total
3 678
-
22 062
-
Employer
18 330
-
70 364
-
other
632
-
2 893
-
social contributions
55
-
211
-
unemployment
742
-
2 850
-
pensions
3 011
-
8 760
-
health
1 283
-
6 922
-
total
5 723
-
21 636
-
Corporate
67 946
92 000
-
-
surtax
-
-
-
-
income
19 025
25 760
-
-
total
19 025
25 760
-
-
Dividends
48 920
66 240
-
-
surtax
-
-
-
-
social contributions
8 415
11 394
-
-
withholding
6 262
8 479
-
-
total
14 677
19 873
-
-
Income
92 000
92 000
92 000
92 000
Total tax
43 103
45 633
43 698
41 280
After tax
48 897
46 367
48 302
50 720
Living cost
14 653
14 653
14 653
14 653
Free-cash
34 244
31 714
33 649
36 067

Estimated living cost  is ₴14653 per week

₴9239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴33166
₴35545
₴37519
₴35101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
16 573
pensions
-
-
-
14 827
other
-
-
-
2 852
health
-
-
-
4 407
surtax
-
-
-
-
social contributions
-
-
-
2 621
total
-
-
-
41 280
Employee
16 362
-
70 364
-
social contributions
467
-
2 004
-
surtax
-
-
-
-
income
844
-
14 818
-
pensions
1 851
-
5 240
-
total
3 162
-
22 062
-
Employer
16 362
-
70 364
-
other
565
-
2 893
-
social contributions
49
-
211
-
unemployment
662
-
2 850
-
pensions
2 689
-
8 760
-
health
1 145
-
6 922
-
total
5 110
-
21 636
-
Corporate
70 528
92 000
-
-
surtax
-
-
-
-
income
19 748
25 760
-
-
total
19 748
25 760
-
-
Dividends
50 780
66 240
-
-
surtax
-
-
-
-
social contributions
8 734
11 394
-
-
withholding
6 500
8 479
-
-
total
15 234
19 873
-
-
Income
92 000
92 000
92 000
92 000
Total tax
43 254
45 633
43 698
41 280
After tax
48 746
46 367
48 302
50 720
Living cost
13 201
13 201
13 201
13 201
Free-cash
35 545
33 166
35 101
37 519

Estimated living cost  is ₴13201 per week

₴7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴47046
₴47269
₴50000
₴47616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
13 800
health
-
-
-
6 422
social contributions
-
-
-
12 696
total
-
-
-
32 918
Employee
14 522
-
92 000
-
social contributions
2 004
-
12 696
-
health
1 014
-
6 422
-
income
2 422
-
16 184
-
total
5 440
-
35 302
-
Employer
14 522
-
92 000
-
total
-
-
-
-
Corporate
77 478
92 000
-
-
income

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

3 874
4 600
-
-
total
3 874
4 600
-
-
Dividends
73 605
87 400
-
-
health
5 137
6 101
-
-
social contributions
10 157
12 061
-
-
withholding
11 041
13 110
-
-
total
26 335
31 272
-
-
Income
92 000
92 000
92 000
92 000
Total tax
35 649
35 872
35 302
32 918
After tax
56 351
56 128
56 698
59 082
Living cost
9 082
9 082
9 082
9 082
Free-cash
47 269
47 046
47 616
50 000

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴35655
₴34992
₴32110
₴9075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
chamber of commerce
-
-
-
368
income
-
-
-
28 635
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
85
total
-
-
-
44 799
Employee
21 404
17 068
75 646
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
23 915
-
pensions
2 192
1 747
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 350
32 977
-
Employer
21 404
17 068
75 646
-
accident
278
222
650
-
other
1 017
810
3 375
-
chamber of commerce
85
68
302
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 142
6 279
-
payroll
642
512
2 269
-
health
809
645
1 891
-
total
6 244
4 996
16 352
-
Corporate
64 352
69 935
74 021
-
income

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

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

16 088
17 484
18 505
-
total
16 088
17 484
18 505
-
Dividends
48 265
52 451
-
-
withholding
13 272
14 424
-
-
total
13 272
14 424
-
-
Income
92 000
92 000
92 000
92 000
Total tax
41 917
41 254
67 834
44 799
After tax
50 083
50 746
24 166
47 201
Living cost
15 091
15 091
15 091
15 091
Free-cash
34 992
35 655
9 075
32 110

Estimated living cost  is ₴15091 per week

₴10065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴35113
₴29378
₴24377
₴15850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
national
-
-
-
36 450
communal

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

-
-
-
4 879
social contributions
-
-
-
10 678
total
-
-
-
52 007
Employee

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

30 636
-
71 257
-
communal

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

1 598
-
3 717
-
health

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

1 439
-
3 349
-
pensions

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

2 298
-
5 344
-
unemployment

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

267
-
620
-
national
9 419
-
26 761
-
total
15 021
-
39 791
-
Employer

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

30 636
-
71 257
-
accident

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

398
-
927
-
unemployment

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

447
-
1 040
-
surtax
3 474
-
8 080
-
pensions

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

2 715
-
6 314
-
health

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

1 884
-
4 382
-
total
8 918
-
20 743
-
Corporate
52 447
92 000
-
-
surtax
210
388
-
-
income
10 489
19 365
-
-
total
10 699
19 753
-
-
Dividends
41 747
72 247
-
-
withholding

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

12 368
21 518
-
-
total
12 368
21 518
-
-
Income
92 000
92 000
92 000
92 000
Total tax
47 006
41 271
60 534
52 007
After tax
44 994
50 729
31 466
39 993
Living cost
15 616
15 616
15 616
15 616
Free-cash
29 378
35 113
15 850
24 377

Estimated living cost  is ₴15616 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴45657
₴42724
₴35977
₴34180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
358
income
-
-
-
28 646
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 556
Employee
21 319
-
79 345
-
other
21
-
40
-
income
4 498
-
27 176
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 852
-
29 697
-
Employer
21 319
-
79 345
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
63 885
92 000
-
-
income

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

9 582
13 800
-
-
total
9 582
13 800
-
-
Dividends
54 303
78 200
-
-
withholding
11 579
17 076
-
-
total
11 579
17 076
-
-
Income
92 000
92 000
92 000
92 000
Total tax
33 809
30 876
42 353
40 556
After tax
58 191
61 124
49 647
51 444
Living cost
15 467
15 467
15 467
15 467
Free-cash
42 724
45 657
34 180
35 977

Estimated living cost  is ₴15467 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴29185
₴23317
₴20358
₴24024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
775
income
-
-
-
16 964
pensions
-
-
-
13 789
health
-
-
-
6 464
surtax
-
-
-
4 561
communal
-
-
-
5 814
total
-
-
-
48 367
Employee
32 434
-
82 179
-
health
1 443
-
3 657
-
surtax
1 988
-
5 037
-
income
3 133
-
19 612
-
pensions
2 594
-
6 574
-
total
9 158
-
34 880
-
Employer
32 434
-
82 179
-
accident
292
-
740
-
pensions
2 594
-
6 574
-
health
989
-
2 507
-
total
3 875
-
9 821
-
Corporate
55 691
92 000
-
-
surtax
584
966
-
-
communal
3 759
6 210
-
-
income
8 354
13 800
-
-
total
12 697
20 976
-
-
Dividends
42 994
71 023
-
-
income
13 229
7 910
-
-
withholding
6 449
10 654
-
-
total
19 678
18 564
-
-
Income
92 000
92 000
92 000
92 000
Total tax
45 408
39 540
44 701
48 367
After tax
46 592
52 460
47 299
43 633
Living cost
23 275
23 275
23 275
23 275
Free-cash
23 317
29 185
24 024
20 358

Estimated living cost  is ₴23275 per week

₴17460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴48248
₴46886
₴33697
₴31078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
28 371
pensions
-
-
-
11 432
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 724
total
-
-
-
48 683
Employee
14 423
-
79 968
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
4 212
-
income
2 418
-
25 809
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 978
-
total
4 803
-
39 269
-
Employer
14 423
-
79 968
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
74 540
92 000
-
-
income
19 380
23 920
-
-
total
19 380
23 920
-
-
Dividends
55 160
68 080
-
-
withholding
8 274
10 212
-
-
total
8 274
10 212
-
-
Income
92 000
92 000
92 000
92 000
Total tax
35 494
34 132
51 302
48 683
After tax
56 506
57 868
40 698
43 317
Living cost
9 620
9 620
9 620
9 620
Free-cash
46 886
48 248
31 078
33 697

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴36820
₴35869
₴32238
₴28627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
565
regional
-
-
-
1 432
national
-
-
-
24 792
social contributions
-
-
-
21 436
total
-
-
-
48 225
Employee
23 758
-
92 000
-
social contributions
8 011
-
28 103
-
regional
320
-
1 297
-
municipal
126
-
511
-
national
3 764
-
21 925
-
total
12 221
-
51 836
-
Employer
23 758
-
92 000
-
total
-
-
-
-
Corporate
68 242
92 000
-
-
nationa
16 378
22 080
-
-
municipal
3 392
4 573
-
-
total
19 770
26 653
-
-
Dividends
48 473
65 347
-
-
withholding
12 603
16 990
-
-
total
12 603
16 990
-
-
Income
92 000
92 000
92 000
92 000
Total tax
44 594
43 643
51 836
48 225
After tax
47 406
48 357
40 164
43 775
Living cost
11 537
11 537
11 537
11 537
Free-cash
35 869
36 820
28 627
32 238

Estimated living cost  is ₴11537 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴50703
₴46194
₴41460
₴37463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
9 723
health
-
-
-
12 420
solidarity contribution
-
-
-
999
social contributions
-
-
-
14 759
total
-
-
-
37 901
Employee
18 587
-
72 811
-
social contributions
1 208
-
3 285
-
health
2 509
-
9 829
-
solidarity contribution
-
-
640
-
income
2 230
-
8 954
-
total
5 947
-
22 708
-
Employer
18 587
-
72 811
-
social contributions
4 647
-
12 637
-
health
1 673
-
6 553
-
total
6 320
-
19 190
-
Corporate
67 093
92 000
-
-
income
12 748
17 480
-
-
total
12 748
17 480
-
-
Dividends
54 345
74 520
-
-
withholding
8 152
11 178
-
-
total
8 152
11 178
-
-
Income
92 000
92 000
92 000
92 000
Total tax
33 167
28 658
41 898
37 901
After tax
58 833
63 342
50 102
54 099
Living cost
12 639
12 639
12 639
12 639
Free-cash
46 194
50 703
37 463
41 460

Estimated living cost  is ₴12639 per week

₴9399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴37129
₴36914
₴33622
₴10523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
chamber of commerce
-
-
-
368
income
-
-
-
28 635
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
-
total
-
-
-
44 714
Employee
18 722
17 068
75 724
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
23 952
-
pensions
1 917
1 747
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 350
33 014
-
Employer
18 722
17 068
75 724
-
accident
243
222
650
-
other
889
810
3 379
-
chamber of commerce
75
68
303
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 142
6 279
-
payroll
562
512
2 272
-
health
708
645
1 891
-
total
5 389
4 911
16 275
-
Corporate
67 890
70 020
74 099
-
income

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

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

16 973
17 505
18 524
-
total
16 973
17 505
18 524
-
Dividends
50 918
52 514
-
-
withholding
14 002
14 441
-
-
total
14 002
14 441
-
-
Income
92 000
92 000
92 000
92 000
Total tax
41 422
41 207
67 813
44 714
After tax
50 578
50 793
24 187
47 286
Living cost
13 664
13 664
13 664
13 664
Free-cash
36 914
37 129
10 523
33 622

Estimated living cost  is ₴13664 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴81395
₴80269
₴85075
₴67595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
92 000
microenterprise

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

-
-
-
920
total
-
-
-
920
Employee
7 506
-
92 000
-
income
1 501
-
18 400
-
total
1 501
-
18 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 494
92 000
-
-
total
-
-
-
-
Dividends
84 494
92 000
-
-
withholding
4 225
4 600
-
-
total
4 225
4 600
-
-
Income
92 000
92 000
92 000
92 000
Total tax
5 726
4 600
18 400
920
After tax
86 274
87 400
73 600
91 080
Living cost
6 005
6 005
6 005
6 005
Free-cash
80 269
81 395
67 595
85 075

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴51854
₴48272
₴31684
₴29686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
income
-
-
-
22 836
pensions
-
-
-
16 801
unemployment
-
-
-
138
health
-
-
-
9 053
total
-
-
-
48 828
Employee

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

18 939
-
79 605
-
health
1 223
-
5 142
-
income
3 266
-
20 839
-
pensions
2 936
-
12 339
-
unemployment
27
-
111
-
total
7 452
-
38 431
-
Employer

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

18 939
-
79 605
-
unemployment
11
-
48
-
pensions
1 676
-
7 045
-
health
1 261
-
5 302
-
total
2 948
-
12 395
-
Corporate
70 112
92 000
-
-
income
13 321
17 480
-
-
total
13 321
17 480
-
-
Dividends
56 791
74 520
-
-
withholding
8 519
11 178
-
-
total
8 519
11 178
-
-
Income
92 000
92 000
92 000
92 000
Total tax
32 240
28 658
50 826
48 828
After tax
59 760
63 342
41 174
43 172
Living cost
11 488
11 488
11 488
11 488
Free-cash
48 272
51 854
29 686
31 684

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴37483
₴17100
₴45089
₴67872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
17 933
social contributions
-
-
-
10 488
total
-
-
-
28 421
Employee
26 512
-
-
-
social contributions
2 174
-
310
-
income
5 848
-
-
-
total
8 022
-
310
-
Employer
26 512
-
-
-
social contributions
37 382
-
5 328
-
total
37 382
-
5 328
-
Corporate
28 106
92 000
-
-
income
6 183
20 240
-
-
total
6 183
20 240
-
-
Dividends
21 923
71 760
-
-
income
4 823
15 787
-
-
total
4 823
15 787
-
-
Income
92 000
92 000
92 000
92 000
Total tax
56 410
36 027
5 638
28 421
After tax
35 590
55 973
86 362
63 579
Living cost
18 490
18 490
18 490
18 490
Free-cash
17 100
37 483
67 872
45 089

Estimated living cost  is ₴18490 per week

₴11997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴38895
₴38465
₴34774
₴27752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
income
-
-
-
11 822
surtax
-
-
-
-
social contributions

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

-
-
-
31 970
total
-
-
-
43 792
Employee
19 698
-
74 344
-
social contributions
2 167
-
8 178
-
surtax
-
-
28
-
income
4 097
-
24 952
-
total
6 264
-
33 158
-
Employer
19 698
-
74 344
-
social contributions
4 678
-
17 656
-
total
4 678
-
17 656
-
Corporate
67 624
92 000
-
-
surtax
-
-
-
-
income
14 201
19 320
-
-
total
14 201
19 320
-
-
Dividends
53 422
72 680
-
-
withholding
14 958
20 351
-
-
total
14 958
20 351
-
-
Income
92 000
92 000
92 000
92 000
Total tax
40 101
39 671
50 814
43 792
After tax
51 899
52 329
41 186
48 208
Living cost
13 434
13 434
13 434
13 434
Free-cash
38 465
38 895
27 752
34 774

Estimated living cost  is ₴13434 per week

₴10051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴25681
₴28626
₴30034
₴27616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
16 573
pensions
-
-
-
14 827
other
-
-
-
2 852
health
-
-
-
4 407
surtax
-
-
-
-
social contributions
-
-
-
2 621
total
-
-
-
41 280
Employee
26 825
-
70 364
-
social contributions
764
-
2 004
-
surtax
-
-
-
-
income
2 341
-
14 818
-
pensions
3 034
-
5 240
-
total
6 139
-
22 062
-
Employer
26 825
-
70 364
-
other
926
-
2 893
-
social contributions
80
-
211
-
unemployment
1 087
-
2 850
-
pensions
4 408
-
8 760
-
health
1 877
-
6 922
-
total
8 378
-
21 636
-
Corporate
56 797
92 000
-
-
surtax
-
-
-
-
income
15 903
25 760
-
-
total
15 903
25 760
-
-
Dividends
40 894
66 240
-
-
surtax
-
-
-
-
social contributions
7 034
11 394
-
-
withholding
5 234
8 479
-
-
total
12 268
19 873
-
-
Income
92 000
92 000
92 000
92 000
Total tax
42 688
45 633
43 698
41 280
After tax
49 312
46 367
48 302
50 720
Living cost
20 686
20 686
20 686
20 686
Free-cash
28 626
25 681
27 616
30 034

Estimated living cost  is ₴20686 per week

₴14000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴69926
₴68487
₴54312
₴56757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
4 575
social contributions
-
-
-
20 239
total
-
-
-
24 814
Employee
13 769
-
79 654
-
income
-
-
4 846
-
social contributions
895
-
5 177
-
total
895
-
10 023
-
Employer
13 769
-
79 654
-
social contributions
2 134
-
12 346
-
total
2 134
-
12 346
-
Corporate
76 097
92 000
-
-
income
7 610
9 200
-
-
total
7 610
9 200
-
-
Dividends
68 487
82 800
-
-
total
-
-
-
-
Income
92 000
92 000
92 000
92 000
Total tax
10 639
9 200
22 369
24 814
After tax
81 361
82 800
69 631
67 186
Living cost
12 874
12 874
12 874
12 874
Free-cash
68 487
69 926
56 757
54 312

Estimated living cost  is ₴12874 per week

₴8324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴1355
-₴1355
₴32670
-₴1355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
19 655
pensions
-
-
-
371
national
-
-
-
11 339
labour market
-
-
-
7 330
total
-
-
-
38 695
Employee
87 097
87 097
87 097
-
labour market
6 958
6 958
6 958
-
national
10 640
10 640
10 640
-
municipal
18 547
18 547
18 547
-
pensions
124
124
124
-
total
36 269
36 269
36 269
-
Employer
87 097
87 097
87 097
-
labour market
6 968
6 968
6 968
-
municipal
18 576
18 576
18 576
-
pensions
248
248
248
-
national
10 659
10 659
10 659
-
total
36 451
36 451
36 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
92 000
92 000
92 000
92 000
Total tax
72 720
72 720
72 720
38 695
After tax
19 280
19 280
19 280
53 305
Living cost
20 635
20 635
20 635
20 635
Free-cash
-1 355
-1 355
-1 355
32 670

Estimated living cost  is ₴20635 per week

₴14123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴1777
₴6036
₴53600
₴41342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
108
income
-
-
-
26 204
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
29 171
Employee
14 518
-
83 854
-
health
1 662
-
9 601
-
income
1 992
-
20 435
-
pensions
1 635
-
3 248
-
total
5 289
-
33 284
-
Employer
14 518
-
83 854
-
accident
242
-
1 400
-
unemployment
356
-
2 054
-
pensions
2 361
-
4 691
-
total
2 959
-
8 145
-
Corporate
74 523
92 000
-
-
income

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

67 071
82 800
-
-
total
67 071
82 800
-
-
Dividends
7 452
9 200
-
-
withholding
1 416
1 748
-
-
total
1 416
1 748
-
-
Income
92 000
92 000
92 000
92 000
Total tax
76 735
84 548
41 429
29 171
After tax
15 265
7 452
50 571
62 829
Living cost
9 229
9 229
9 229
9 229
Free-cash
6 036
-1 777
41 342
53 600

Estimated living cost  is ₴9229 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴40177
₴41501
₴40490
₴29952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
92 000
municipal
-
-
-
16 337
health
-
-
-
1 238
national
-
-
-
17 492
total
-
-
-
35 067
Employee
22 533
-
77 396
-
health
168
-
1 014
-
municipal
3 691
-
12 599
-
pensions
1 521
-
5 224
-
unemployment
338
-
1 161
-
national
372
-
11 003
-
total
6 090
-
31 001
-
Employer
22 533
-
77 396
-
accident
23
-
77
-
unemployment
146
-
503
-
pensions
3 909
-
13 428
-
health
173
-
596
-
total
4 251
-
14 604
-
Corporate
65 215
92 000
-
-
income
13 043
18 400
-
-
total
13 043
18 400
-
-
Dividends

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

39 129
55 200
-
-
national
3 629
7 044
-
-
municipal
7 043
9 936
-
-
total
10 672
16 980
-
-
Income
92 000
92 000
92 000
92 000
Total tax
34 056
35 380
45 605
35 067
After tax
57 944
56 620
46 395
56 933
Living cost
16 443
16 443
16 443
16 443
Free-cash
41 501
40 177
29 952
40 490

Estimated living cost  is ₴16443 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴57145
₴54814
₴52136
₴51372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
20 672
health
-
-
-
2 346
social contributions
-
-
-
6 930
total
-
-
-
29 948
Employee
32 933
32 933
86 709
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 474
-
income
3 586
3 049
20 260
-
total
5 086
6 342
25 421
-
Employer
32 933
32 933
86 709
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 604
-
total
1 522
3 343
5 291
-
Corporate
75 475
55 724
-
-
income
9 435
6 965
-
-
total
9 435
6 965
-
-
Dividends
66 041
48 758
-
-
withholding
11 227
8 289
-
-
total
11 227
8 289
-
-
Income
92 000
92 000
92 000
92 000
Total tax
27 270
24 939
30 712
29 948
After tax
64 730
67 061
61 288
62 052
Living cost
9 916
9 916
9 916
9 916
Free-cash
54 814
57 145
51 372
52 136

Estimated living cost  is ₴9916 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴69385
₴67206
₴71417
₴62826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 000
income
-
-
-
9 497
pensions
-
-
-
2 724
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
13 783
Employee

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

9 831
-
87 814
-
health
836
-
3 454
-
income
672
-
8 436
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
18 189
-
Employer

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

9 831
-
87 814
-
unemployment
49
-
203
-
pensions
540
-
2 235
-
health
423
-
1 747
-
total
1 012
-
4 185
-
Corporate
81 157
92 000
-
-
income
7 304
8 280
-
-
total
7 304
8 280
-
-
Dividends
73 853
83 720
-
-
withholding
6 647
7 535
-
-
total
6 647
7 535
-
-
Income
92 000
92 000
92 000
92 000
Total tax
17 994
15 815
22 374
13 783
After tax
74 006
76 185
69 626
78 217
Living cost
6 800
6 800
6 800
6 800
Free-cash
67 206
69 385
62 826
71 417

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴49347
₴47457
₴39667
₴37870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
358
income
-
-
-
28 646
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 556
Employee
15 836
-
79 345
-
other
15
-
40
-
income
3 053
-
27 176
-
pensions
744
-
1 866
-
unemployment
245
-
615
-
total
4 057
-
29 697
-
Employer
15 836
-
79 345
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
71 115
92 000
-
-
income

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

10 667
13 800
-
-
total
10 667
13 800
-
-
Dividends
60 447
78 200
-
-
withholding
12 993
17 076
-
-
total
12 993
17 076
-
-
Income
92 000
92 000
92 000
92 000
Total tax
32 766
30 876
42 353
40 556
After tax
59 234
61 124
49 647
51 444
Living cost
11 777
11 777
11 777
11 777
Free-cash
47 457
49 347
37 870
39 667

Estimated living cost  is ₴11777 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴56238
₴56045
₴57943
₴57861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
31 415
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
32 887
Employee
1 782
-
91 040
-
health
89
-
213
-
income
345
-
31 370
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
32 010
-
Employer
1 782
-
91 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
89 817
92 000
-
-
income
19 760
20 240
-
-
total
19 760
20 240
-
-
Dividends
70 058
71 760
-
-
withholding
14 012
14 352
-
-
total
14 012
14 352
-
-
Income
92 000
92 000
92 000
92 000
Total tax
34 785
34 592
32 969
32 887
After tax
57 215
57 408
59 031
59 113
Living cost
1 170
1 170
1 170
1 170
Free-cash
56 045
56 238
57 861
57 943

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴59062
₴56954
₴51415
₴51416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
income
-
-
-
21 211
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
33 177
Employee

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

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

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

11 170
-
86 334
-
health
575
-
1 630
-
income
1 540
-
21 211
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
27 510
-
Employer

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

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

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

11 170
-
86 334
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
78 830
92 000
-
-
income
11 825
13 800
-
-
total
11 825
13 800
-
-
Dividends
67 006
78 200
-
-
withholding
10 051
11 730
-
-
total
10 051
11 730
-
-
Income
92 000
92 000
92 000
92 000
Total tax
27 638
25 530
33 176
33 177
After tax
64 362
66 470
58 824
58 823
Living cost
7 408
7 408
7 408
7 408
Free-cash
56 954
59 062
51 416
51 415

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴40783
₴40629
₴36662
₴29640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
income
-
-
-
11 822
surtax
-
-
-
-
social contributions

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

-
-
-
31 970
total
-
-
-
43 792
Employee
16 623
-
74 344
-
social contributions
1 829
-
8 178
-
surtax
-
-
28
-
income
3 248
-
24 952
-
total
5 077
-
33 158
-
Employer
16 623
-
74 344
-
social contributions
3 948
-
17 656
-
total
3 948
-
17 656
-
Corporate
71 430
92 000
-
-
surtax
-
-
-
-
income
15 000
19 320
-
-
total
15 000
19 320
-
-
Dividends
56 429
72 680
-
-
withholding
15 800
20 351
-
-
total
15 800
20 351
-
-
Income
92 000
92 000
92 000
92 000
Total tax
39 825
39 671
50 814
43 792
After tax
52 175
52 329
41 186
48 208
Living cost
11 546
11 546
11 546
11 546
Free-cash
40 629
40 783
29 640
36 662

Estimated living cost  is ₴11546 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴46072
₴43270
₴36392
₴34595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
358
income
-
-
-
28 646
pensions
-
-
-
11 234
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 556
Employee
20 684
-
79 345
-
other
20
-
40
-
income
4 320
-
27 176
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 632
-
29 697
-
Employer
20 684
-
79 345
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 881
-
9 369
-
total
6 595
-
12 656
-
Corporate
64 721
92 000
-
-
income

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

9 708
13 800
-
-
total
9 708
13 800
-
-
Dividends
55 012
78 200
-
-
withholding
11 743
17 076
-
-
total
11 743
17 076
-
-
Income
92 000
92 000
92 000
92 000
Total tax
33 678
30 876
42 353
40 556
After tax
58 322
61 124
49 647
51 444
Living cost
15 052
15 052
15 052
15 052
Free-cash
43 270
46 072
34 595
36 392

Estimated living cost  is ₴15052 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₴71288
₴68677
₴66830
₴70616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
13 800
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 798
Employee
9 762
-
89 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
8 906
-
pensions

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

857
-
1 314
-
total
2 389
-
11 074
-
Employer
9 762
-
89 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
80 322
92 000
-
-
income
8 032
9 200
-
-
total
8 032
9 200
-
-
Dividends
72 290
82 800
-
-
withholding
3 614
4 140
-
-
total
3 614
4 140
-
-
Income
92 000
92 000
92 000
92 000
Total tax
15 951
13 340
14 012
17 798
After tax
76 049
78 660
77 988
74 202
Living cost
7 372
7 372
7 372
7 372
Free-cash
68 677
71 288
70 616
66 830

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴30786
₴36388
₴30254
₴40599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
trade
-
-
-
10 345
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.

-
-
-
30 275
health

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

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

-
-
-
2 926
surtax

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

-
-
-
1 665
total
-
-
-
45 211
Employee

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

21 310
-
92 000
-
health

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

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

2 926
-
2 926
-
surtax

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

97
-
1 665
-
income

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

1 752
-
30 275
-
total
4 775
-
34 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 690
92 000
-
-
surtax

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

584
759
-
-
income
10 603
13 800
-
-
trade
10 144
13 202
-
-
chamber of commerce
169
200
-
-
total
21 500
27 961
-
-
Dividends
49 190
64 039
-
-
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.

667
871
-
-
withholding
12 135
15 847
-
-
total
12 802
16 718
-
-
Income
92 000
92 000
92 000
92 000
Total tax
39 077
44 679
34 866
45 211
After tax
52 923
47 321
57 134
46 789
Living cost
16 535
16 535
16 535
16 535
Free-cash
36 388
30 786
40 599
30 254

Estimated living cost  is ₴16535 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₴40003
₴40948
₴22149
₴22149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
29 721
social contributions
-
-
-
15 733
total
-
-
-
45 454
Employee
33 502
-
92 000
-
income
6 322
-
29 721
-
social contributions
2 783
-
15 733
-
total
9 105
-
45 454
-
Employer
33 502
-
92 000
-
total
-
-
-
-
Corporate
58 498
92 000
-
-
income
7 312
11 500
-
-
total
7 312
11 500
-
-
Dividends
51 186
80 500
-
-
withholding
10 238
16 100
-
-
total
10 238
16 100
-
-
Income
92 000
92 000
92 000
92 000
Total tax
26 655
27 600
45 454
45 454
After tax
65 345
64 400
46 546
46 546
Living cost
24 397
24 397
24 397
24 397
Free-cash
40 948
40 003
22 149
22 149

Estimated living cost  is ₴24397 per week

₴18561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴41990
₴43485
₴59792
₴48857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
income
-
-
-
13 800
health

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

-
-
-
2 861
total
-
-
-
16 661
Employee
19 647
-
90 030
-
income
2 132
-
23 656
-
social contributions
1 969
-
1 970
-
total
4 101
-
25 626
-
Employer
19 647
-
90 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
70 384
92 000
-
-
income
24 635
32 200
-
-
total
24 635
32 200
-
-
Dividends
45 749
59 800
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
92 000
92 000
92 000
92 000
Total tax
32 968
34 463
27 596
16 661
After tax
59 032
57 537
64 404
75 339
Living cost
15 547
15 547
15 547
15 547
Free-cash
43 485
41 990
48 857
59 792

Estimated living cost  is ₴15547 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴42500
₴45046
₴43819
₴35583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
income
-
-
-
28 025
pensions
-
-
-
4 192
total
-
-
-
32 217
Employee
21 912
-
80 216
-
health
286
-
1 100
-
income
3 990
-
22 533
-
pensions
1 672
-
5 037
-
total
5 948
-
28 670
-
Employer
21 912
-
80 216
-
pensions
2 214
-
10 259
-
health
416
-
1 524
-
total
2 630
-
11 783
-
Corporate
67 457
92 000
-
-
income

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

12 817
17 480
-
-
total
12 817
17 480
-
-
Dividends
54 640
74 520
-
-
withholding
9 595
16 056
-
-
total
9 595
16 056
-
-
Income
92 000
92 000
92 000
92 000
Total tax
30 990
33 536
40 453
32 217
After tax
61 010
58 464
51 547
59 783
Living cost
15 964
15 964
15 964
15 964
Free-cash
45 046
42 500
35 583
43 819

Estimated living cost  is ₴15964 per week

₴10951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴2691
₴5896
₴52686
₴40428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
accident
-
-
-
108
income
-
-
-
26 204
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
29 171
Employee
15 955
-
83 854
-
health
1 827
-
9 601
-
income
2 189
-
20 435
-
pensions
1 797
-
3 248
-
total
5 813
-
33 284
-
Employer
15 955
-
83 854
-
accident
266
-
1 400
-
unemployment
391
-
2 054
-
pensions
2 594
-
4 691
-
total
3 251
-
8 145
-
Corporate
72 793
92 000
-
-
income

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

65 514
82 800
-
-
total
65 514
82 800
-
-
Dividends
7 279
9 200
-
-
withholding
1 383
1 748
-
-
total
1 383
1 748
-
-
Income
92 000
92 000
92 000
92 000
Total tax
75 961
84 548
41 429
29 171
After tax
16 039
7 452
50 571
62 829
Living cost
10 143
10 143
10 143
10 143
Free-cash
5 896
-2 691
40 428
52 686

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴64595
₴63300
₴51960
₴61378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 000
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
15 419
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
34 255
Employee

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

9 257
-
92 000
-
work injury
46
-
171
-
income
926
-
15 419
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
24 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 743
92 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

8 274
9 200
-
-
total
8 274
9 200
-
-
Dividends
74 469
82 800
-
-
withholding
11 170
12 420
-
-
total
11 170
12 420
-
-
Income
92 000
92 000
92 000
92 000
Total tax
22 915
21 620
24 837
34 255
After tax
69 085
70 380
67 163
57 745
Living cost
5 785
5 785
5 785
5 785
Free-cash
63 300
64 595
61 378
51 960

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴31397
₴29449
₴25868
₴22351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 000
municipal
-
-
-
635
regional
-
-
-
2 207
national
-
-
-
24 792
social contributions
-
-
-
21 436
total
-
-
-
49 070
Employee
36 090
-
92 000
-
social contributions
12 169
-
28 103
-
regional
545
-
1 984
-
municipal
215
-
575
-
national
6 099
-
21 925
-
total
19 028
-
52 587
-
Employer
36 090
-
92 000
-
total
-
-
-
-
Corporate
55 910
92 000
-
-
nationa
13 419
22 080
-
-
municipal
2 695
4 434
-
-
total
16 114
26 514
-
-
Dividends
39 796
65 485
-
-
withholding
10 347
17 027
-
-
total
10 347
17 027
-
-
Income
92 000
92 000
92 000
92 000
Total tax
45 489
43 541
52 587
49 070
After tax
46 511
48 459
39 413
42 930
Living cost
17 062
17 062
17 062
17 062
Free-cash
29 449
31 397
22 351
25 868

Estimated living cost  is ₴17062 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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