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
₴ 93500
per

Your estimated
City
free-cash

Dresden , Germany
₴32073
₴43852
₴32770
₴37580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income

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

-
-
-
29 549
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.

-
-
-
1 625
health

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

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

-
-
-
3 400
trade
-
-
-
11 082
total
-
-
-
45 656
Employee

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

19 035
-
93 500
-
surtax

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

29
-
1 625
-
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.

532
-
29 549
-
health

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

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

3 400
-
3 400
-
total
3 961
-
34 574
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 465
93 500
-
-
income
11 170
14 025
-
-
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.

614
772
-
-
chamber of commerce
182
210
-
-
trade
11 728
14 727
-
-
total
23 694
29 734
-
-
Dividends
50 771
63 767
-
-
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.

688
866
-
-
withholding
12 503
15 753
-
-
total
13 191
16 619
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 846
46 353
34 574
45 656
After tax
52 654
47 147
58 926
47 844
Living cost
15 074
15 074
15 074
15 074
Free-cash
37 580
32 073
43 852
32 770

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31847
₴29014
₴28512
₴31406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
social contributions
-
-
-
1 005
municipal
-
-
-
10 253
national
-
-
-
16 013
pensions
-
-
-
11 220
total
-
-
-
38 491
Employee
41 075
-
80 830
-
municipal
5 073
-
10 615
-
pensions
1 643
-
3 233
-
national
7 862
-
16 806
-
total
14 578
-
30 654
-
Employer
41 075
-
80 830
-
pensions
3 286
-
6 466
-
social contributions
442
-
869
-
total
3 728
-
7 335
-
Corporate
45 987
93 500
-
-
income

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

9 197
18 700
-
-
total
9 197
18 700
-
-
Dividends
36 789
74 800
-
-
withholding
8 094
16 456
-
-
total
8 094
16 456
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 597
35 156
37 989
38 491
After tax
57 903
58 344
55 511
55 009
Living cost
26 497
26 497
26 497
26 497
Free-cash
31 406
31 847
29 014
28 512

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
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.
₴5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴64446
₴29327
₴22413
₴60363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
17 823
surtax
-
-
-
23 842
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.

-
-
-
19 068
microenterprise
-
-
-
-
total
-
-
-
60 733
Employee
14 542
-
71 362
-
surtax
-
-
10 347
-
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.

1 600
-
6 524
-
income
2 589
-
14 810
-
total
4 189
-
31 681
-
Employer
14 542
-
71 362
-
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.

3 503
-
14 288
-
surtax
-
-
7 850
-
total
3 503
-
22 138
-
Corporate
75 455
93 500
-
-
income

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

15 091
18 700
-
-
total
15 091
18 700
-
-
Dividends

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

60 364
74 800
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
22 783
18 700
53 819
60 733
After tax
70 717
74 800
39 681
32 767
Living cost
10 354
10 354
10 354
10 354
Free-cash
60 363
64 446
29 327
22 413

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25531
₴38201
₴30365
₴22482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
30 319
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
42 287
Employee
42 499
42 499
84 251
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
13 234
-
health
6 523
5 549
6 137
-
total
21 129
18 336
25 202
-
Employer
42 499
42 499
84 251
-
health
2 954
2 954
3 671
-
pensions
2 958
2 958
3 677
-
unemployment
1 530
1 530
1 901
-
total
7 442
7 442
9 249
-
Corporate
44 080
43 558
-
-
income
8 816
8 711
-
-
total
8 816
8 711
-
-
Dividends
35 264
34 847
-
-
income
7 493
7 405
-
-
withholding
5 290
5 227
-
-
total
12 783
12 632
-
-
Income
93 500
93 500
93 500
93 500
Total tax
50 170
47 121
34 451
42 287
After tax
43 330
46 379
59 049
51 213
Living cost
20 848
20 848
20 848
20 848
Free-cash
22 482
25 531
38 201
30 365

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31170
₴27296
₴27778
₴30724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
24 117
national
-
-
-
9 101
pensions
-
-
-
4 710
total
-
-
-
45 841
Employee
28 329
-
79 809
-
municipal
8 448
-
23 799
-
national
-
-
8 834
-
total
8 448
-
32 633
-
Employer
28 329
-
79 809
-
health
1 742
-
2 680
-
pensions
3 062
-
4 710
-
accident
57
-
87
-
unemployment
748
-
1 150
-
other
3 292
-
5 063
-
total
8 901
-
13 690
-
Corporate
56 270
93 500
-
-
income
12 379
20 570
-
-
total
12 379
20 570
-
-
Dividends
43 890
72 930
-
-
withholding
13 167
21 879
-
-
total
13 167
21 879
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 895
42 449
46 323
45 841
After tax
50 605
51 051
47 177
47 659
Living cost
19 881
19 881
19 881
19 881
Free-cash
30 724
31 170
27 296
27 778

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27114
₴39375
₴27801
₴34108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income

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

-
-
-
29 549
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.

-
-
-
1 625
health

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

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

-
-
-
3 400
trade
-
-
-
11 574
total
-
-
-
46 148
Employee

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

25 238
-
93 500
-
surtax

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

119
-
1 625
-
income

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

2 168
-
29 549
-
health

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

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

3 400
-
3 400
-
total
5 687
-
34 574
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 262
93 500
-
-
income
10 240
14 025
-
-
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.

563
772
-
-
chamber of commerce
173
209
-
-
trade
11 229
15 381
-
-
total
22 205
30 387
-
-
Dividends
46 057
63 114
-
-
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.

623
858
-
-
withholding
11 326
15 590
-
-
total
11 949
16 448
-
-
Income
93 500
93 500
93 500
93 500
Total tax
39 841
46 835
34 574
46 148
After tax
53 659
46 665
58 926
47 352
Living cost
19 551
19 551
19 551
19 551
Free-cash
34 108
27 114
39 375
27 801

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52048
₴46666
₴47472
₴49982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
19 449
social contributions
-
-
-
8 052
health
-
-
-
2 385
total
-
-
-
29 886
Employee
38 269
38 269
87 595
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
19 014
-
health
381
651
1 489
-
total
6 260
7 370
24 787
-
Employer
38 269
38 269
87 595
-
health
415
708
1 621
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 905
-
Corporate
68 825
51 347
-
-
income
8 603
6 418
-
-
total
8 603
6 418
-
-
Dividends
60 222
44 928
-
-
withholding
10 238
7 638
-
-
total
10 238
7 638
-
-
Income
93 500
93 500
93 500
93 500
Total tax
27 376
25 310
30 692
29 886
After tax
66 124
68 190
62 808
63 614
Living cost
16 142
16 142
16 142
16 142
Free-cash
49 982
52 048
46 666
47 472

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴43590
₴45283
₴55853
₴43774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
11 430
unemployment
-
-
-
1 402
health
-
-
-
6 545
pensions
-
-
-
9 350
total
-
-
-
28 727
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.

12 876
5 124
78 243
-
unemployment
193
77
1 174
-
pensions
1 288
512
7 824
-
income
1 574
626
9 565
-
health
901
359
5 477
-
total
3 956
1 574
24 040
-
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.

12 876
5 124
78 243
-
pensions
2 511
999
15 257
-
total
2 511
999
15 257
-
Corporate
78 114
87 376
-
-
income
7 030
7 864
-
-
total
7 030
7 864
-
-
Dividends
71 083
79 513
-
-
social contributions
13 803
15 446
-
-
withholding
13 506
15 107
-
-
total
27 309
30 553
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 806
40 990
39 297
28 727
After tax
52 694
52 510
54 203
64 773
Living cost
8 920
8 920
8 920
8 920
Free-cash
43 774
43 590
45 283
55 853

Estimated living cost  is ₴8920 per week

₴6087
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.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴62779
₴41871
₴38095
₴59688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
12 529
health
-
-
-
12 155
pensions
-
-
-
18 700
total
-
-
-
43 384
Employee
14 118
-
69 880
-
unemployment
226
-
1 118
-
pensions
282
-
1 398
-
income
1 589
-
13 472
-
total
2 097
-
15 988
-
Employer
14 118
-
69 880
-
health
1 835
-
9 084
-
pensions
2 824
-
13 977
-
unemployment
113
-
559
-
total
4 772
-
23 620
-
Corporate
74 610
93 500
-
-
income
14 922
18 700
-
-
total
14 922
18 700
-
-
Dividends
59 688
74 800
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
21 791
18 700
39 608
43 384
After tax
71 709
74 800
53 892
50 116
Living cost
12 021
12 021
12 021
12 021
Free-cash
59 688
62 779
41 871
38 095

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
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.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3537
₴39837
₴52790
₴5869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
128
income
-
-
-
26 082
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
29 599
Employee
17 478
-
84 456
-
pensions
1 968
-
3 853
-
income
2 398
-
19 986
-
health
2 001
-
9 670
-
total
6 367
-
33 509
-
Employer
17 478
-
84 456
-
pensions
2 842
-
5 564
-
accident
292
-
1 410
-
unemployment
428
-
2 069
-
total
3 562
-
9 043
-
Corporate
72 460
93 500
-
-
income

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

65 214
84 150
-
-
total
65 214
84 150
-
-
Dividends
7 246
9 350
-
-
withholding
1 377
1 776
-
-
total
1 377
1 776
-
-
Income
93 500
93 500
93 500
93 500
Total tax
76 520
85 926
42 552
29 599
After tax
16 980
7 574
50 948
63 901
Living cost
11 111
11 111
11 111
11 111
Free-cash
5 869
-3 537
39 837
52 790

Estimated living cost  is ₴11111 per week

₴8143
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.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴84815
₴70790
₴88555
₴84064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
93 500
microenterprise

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

-
-
-
935
total
-
-
-
935
Employee
5 012
-
93 500
-
income
1 002
-
18 700
-
total
1 002
-
18 700
-
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%.

88 488
93 500
-
-
total
-
-
-
-
Dividends
88 488
93 500
-
-
withholding
4 424
4 675
-
-
total
4 424
4 675
-
-
Income
93 500
93 500
93 500
93 500
Total tax
5 426
4 675
18 700
935
After tax
88 074
88 825
74 800
92 565
Living cost
4 010
4 010
4 010
4 010
Free-cash
84 064
84 815
70 790
88 555

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55433
₴39591
₴40153
₴52074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 998
other
-
-
-
3 595
health
-
-
-
3 330
pensions

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

-
-
-
18 163
total
-
-
-
40 086
Employee
18 070
-
74 680
-
unemployment
180
-
747
-
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.

1 265
-
5 227
-
income
3 111
-
14 810
-
health
253
-
1 045
-
total
4 809
-
21 829
-
Employer
18 070
-
74 680
-
health
253
-
1 045
-
pensions

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

3 072
-
12 695
-
accident
144
-
598
-
unemployment
180
-
747
-
other
904
-
3 734
-
total
4 553
-
18 819
-
Corporate
70 876
93 500
-
-
income
14 884
19 635
-
-
total
14 884
19 635
-
-
Dividends
55 992
73 865
-
-
withholding
3 919
5 171
-
-
total
3 919
5 171
-
-
Income
93 500
93 500
93 500
93 500
Total tax
28 165
24 806
40 648
40 086
After tax
65 335
68 694
52 852
53 414
Living cost
13 261
13 261
13 261
13 261
Free-cash
52 074
55 433
39 591
40 153

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27316
₴19878
₴28309
₴29979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
27 352
pensions
-
-
-
4 591
total
-
-
-
31 943
Employee
47 041
-
81 623
-
pensions
4 538
-
5 604
-
income
8 480
-
21 732
-
health
775
-
1 161
-
total
13 793
-
28 497
-
Employer
47 041
-
81 623
-
health
893
-
1 550
-
pensions
5 554
-
10 327
-
total
6 447
-
11 877
-
Corporate
40 011
93 500
-
-
income

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

7 602
17 765
-
-
total
7 602
17 765
-
-
Dividends
32 409
75 735
-
-
withholding
2 431
15 171
-
-
total
2 431
15 171
-
-
Income
93 500
93 500
93 500
93 500
Total tax
30 273
32 936
40 374
31 943
After tax
63 227
60 564
53 126
61 557
Living cost
33 248
33 248
33 248
33 248
Free-cash
29 979
27 316
19 878
28 309

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and 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

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
₴73419
₴72042
₴68310
₴71108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
18 666
Employee
8 638
-
90 090
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
9 009
-
health
397
-
799
-
total
2 114
-
11 525
-
Employer
8 638
-
90 090
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
83 167
93 500
-
-
income
8 317
9 350
-
-
total
8 317
9 350
-
-
Dividends
74 850
84 150
-
-
withholding
3 742
4 207
-
-
total
3 742
4 207
-
-
Income
93 500
93 500
93 500
93 500
Total tax
15 868
13 557
14 934
18 666
After tax
77 632
79 943
78 566
74 834
Living cost
6 524
6 524
6 524
6 524
Free-cash
71 108
73 419
72 042
68 310

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
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.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18782
₴31452
₴23616
₴20034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
30 319
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
42 287
Employee
46 141
42 499
84 251
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
13 234
-
health
5 756
5 549
6 137
-
total
18 543
18 336
25 202
-
Employer
46 141
42 499
84 251
-
health
3 206
2 954
3 671
-
pensions
3 211
2 958
3 677
-
unemployment
1 661
1 530
1 901
-
total
8 078
7 442
9 249
-
Corporate
39 281
43 558
-
-
income
7 856
8 711
-
-
total
7 856
8 711
-
-
Dividends
31 425
34 847
-
-
income
6 678
7 405
-
-
withholding
4 714
5 227
-
-
total
11 392
12 632
-
-
Income
93 500
93 500
93 500
93 500
Total tax
45 869
47 121
34 451
42 287
After tax
47 631
46 379
59 049
51 213
Living cost
27 597
27 597
27 597
27 597
Free-cash
20 034
18 782
31 452
23 616

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52170
₴37399
₴41391
₴47816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
9 497
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
222
health
-
-
-
12 623
total
-
-
-
39 904
Employee
17 948
-
71 985
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 909
-
income
2 154
-
8 754
-
health
2 423
-
9 718
-
total
5 744
-
22 381
-
Employer
17 948
-
71 985
-
health
1 615
-
6 479
-
social contributions
4 487
-
15 036
-
total
6 102
-
21 515
-
Corporate
69 449
93 500
-
-
income
13 195
17 765
-
-
total
13 195
17 765
-
-
Dividends
56 254
75 735
-
-
withholding
8 438
11 360
-
-
total
8 438
11 360
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 479
29 125
43 896
39 904
After tax
60 021
64 375
49 604
53 596
Living cost
12 205
12 205
12 205
12 205
Free-cash
47 816
52 170
37 399
41 391

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28886
₴19120
₴23345
₴26288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
social contributions
-
-
-
24 048
regional
-
-
-
1 110
municipal
-
-
-
555
national
-
-
-
23 442
total
-
-
-
49 155
Employee
44 230
-
93 500
-
municipal
234
-
496
-
national
7 664
-
20 375
-
regional
417
-
981
-
social contributions
14 914
-
31 528
-
total
23 229
-
53 380
-
Employer
44 230
-
93 500
-
total
-
-
-
-
Corporate
49 270
93 500
-
-
municipal
1 922
3 646
-
-
nationa
11 824
22 440
-
-
total
13 746
26 086
-
-
Dividends
35 524
67 414
-
-
withholding
9 237
17 528
-
-
total
9 237
17 528
-
-
Income
93 500
93 500
93 500
93 500
Total tax
46 212
43 614
53 380
49 155
After tax
47 288
49 886
40 120
44 345
Living cost
21 000
21 000
21 000
21 000
Free-cash
26 288
28 886
19 120
23 345

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴47830
₴30145
₴33187
₴46281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
26 935
other
-
-
-
-
surtax
-
-
-
4 283
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
49 331
Employee
16 458
-
79 519
-
other
-
-
-
-
unemployment
1 146
-
4 623
-
pensions
1 097
-
4 430
-
surtax
54
-
3 688
-
income
2 759
-
23 958
-
health
420
-
1 693
-
total
5 476
-
38 392
-
Employer
16 458
-
79 519
-
health
749
-
3 022
-
pensions
2 194
-
8 854
-
unemployment
521
-
2 105
-
other
-
-
-
-
total
3 464
-
13 981
-
Corporate
73 578
93 500
-
-
income
19 130
24 310
-
-
total
19 130
24 310
-
-
Dividends
54 448
69 190
-
-
withholding
8 167
10 378
-
-
total
8 167
10 378
-
-
Income
93 500
93 500
93 500
93 500
Total tax
36 237
34 688
52 373
49 331
After tax
57 263
58 812
41 127
44 169
Living cost
10 982
10 982
10 982
10 982
Free-cash
46 281
47 830
30 145
33 187

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴37850
₴30412
₴38843
₴41134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
27 352
pensions
-
-
-
4 591
total
-
-
-
31 943
Employee
31 526
-
81 623
-
pensions
2 676
-
5 604
-
income
5 678
-
21 732
-
health
458
-
1 161
-
total
8 812
-
28 497
-
Employer
31 526
-
81 623
-
health
599
-
1 550
-
pensions
3 413
-
10 327
-
total
4 012
-
11 877
-
Corporate
57 963
93 500
-
-
income

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

11 013
17 765
-
-
total
11 013
17 765
-
-
Dividends
46 949
75 735
-
-
withholding
5 815
15 171
-
-
total
5 815
15 171
-
-
Income
93 500
93 500
93 500
93 500
Total tax
29 652
32 936
40 374
31 943
After tax
63 848
60 564
53 126
61 557
Living cost
22 714
22 714
22 714
22 714
Free-cash
41 134
37 850
30 412
38 843

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴3460
₴31880
₴36108
₴20272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
other

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

-
-
-
1 870
regional
-
-
-
4 724
health
-
-
-
210
city
-
-
-
986
national
-
-
-
1 705
pensions
-
-
-
8 602
total
-
-
-
18 097
Employee
45 985
-
83 688
-
unemployment
-
-
-
-
pensions
3 863
-
7 029
-
national
218
-
1 247
-
regional
1 506
-
4 070
-
city
494
-
899
-
health
104
-
189
-
total
6 185
-
13 434
-
Employer
45 985
-
83 688
-
health
104
-
189
-
pensions
3 863
-
7 029
-
unemployment
-
-
-
-
other

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

919
-
1 673
-
total
4 886
-
8 891
-
Corporate
42 122
93 500
-
-
regional
8 909
19 775
-
-
national
3 581
7 948
-
-
total
12 490
27 723
-
-
Dividends
29 633
65 777
-
-
withholding
10 372
23 022
-
-
total
10 372
23 022
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 933
50 745
22 325
18 097
After tax
59 567
42 755
71 175
75 403
Living cost
39 295
39 295
39 295
39 295
Free-cash
20 272
3 460
31 880
36 108

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴23388
₴36127
₴24060
₴31458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income

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

-
-
-
29 549
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.

-
-
-
1 625
health

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

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

-
-
-
3 400
trade
-
-
-
12 067
total
-
-
-
46 641
Employee

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

29 909
-
93 500
-
surtax

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

194
-
1 625
-
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.

3 517
-
29 549
-
health

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

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

3 400
-
3 400
-
total
7 111
-
34 574
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 591
93 500
-
-
income
9 539
14 025
-
-
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.

525
772
-
-
chamber of commerce
165
207
-
-
trade
10 905
16 035
-
-
total
21 134
31 039
-
-
Dividends
42 456
62 461
-
-
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.

573
848
-
-
withholding
10 425
15 426
-
-
total
10 998
16 274
-
-
Income
93 500
93 500
93 500
93 500
Total tax
39 243
47 313
34 574
46 641
After tax
54 257
46 187
58 926
46 859
Living cost
22 799
22 799
22 799
22 799
Free-cash
31 458
23 388
36 127
24 060

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30097
₴33690
₴35569
₴33038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
15 090
other
-
-
-
2 898
surtax
-
-
-
-
social contributions
-
-
-
2 663
health
-
-
-
4 137
pensions
-
-
-
16 116
total
-
-
-
40 904
Employee
21 300
-
72 126
-
pensions
2 408
-
5 113
-
surtax
-
-
-
-
social contributions
607
-
2 055
-
income
1 257
-
14 241
-
total
4 272
-
21 409
-
Employer
21 300
-
72 126
-
health
1 491
-
6 790
-
pensions
3 499
-
8 592
-
unemployment
862
-
2 921
-
social contributions
64
-
216
-
other
735
-
2 855
-
total
6 651
-
21 374
-
Corporate
65 549
93 500
-
-
income
18 354
26 180
-
-
surtax
-
-
-
-
total
18 354
26 180
-
-
Dividends
47 195
67 320
-
-
surtax
-
-
-
-
social contributions
8 117
11 579
-
-
withholding
6 041
8 617
-
-
total
14 158
20 196
-
-
Income
93 500
93 500
93 500
93 500
Total tax
43 435
46 376
42 783
40 904
After tax
50 065
47 124
50 717
52 596
Living cost
17 027
17 027
17 027
17 027
Free-cash
33 038
30 097
33 690
35 569

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31784
₴35377
₴37256
₴34550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
15 090
other
-
-
-
2 898
surtax
-
-
-
-
social contributions
-
-
-
2 663
health
-
-
-
4 137
pensions
-
-
-
16 116
total
-
-
-
40 904
Employee
19 013
-
72 126
-
pensions
2 150
-
5 113
-
surtax
-
-
-
-
social contributions
542
-
2 055
-
income
980
-
14 241
-
total
3 672
-
21 409
-
Employer
19 013
-
72 126
-
health
1 331
-
6 790
-
pensions
3 124
-
8 592
-
unemployment
770
-
2 921
-
social contributions
57
-
216
-
other
656
-
2 855
-
total
5 938
-
21 374
-
Corporate
68 549
93 500
-
-
income
19 194
26 180
-
-
surtax
-
-
-
-
total
19 194
26 180
-
-
Dividends
49 356
67 320
-
-
surtax
-
-
-
-
social contributions
8 489
11 579
-
-
withholding
6 317
8 617
-
-
total
14 806
20 196
-
-
Income
93 500
93 500
93 500
93 500
Total tax
43 610
46 376
42 783
40 904
After tax
49 890
47 124
50 717
52 596
Living cost
15 340
15 340
15 340
15 340
Free-cash
34 550
31 784
35 377
37 256

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴46490
₴47394
₴49493
₴46747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
social contributions
-
-
-
12 903
health
-
-
-
6 526
total
-
-
-
33 454
Employee
16 874
-
93 500
-
social contributions
2 329
-
12 903
-
income
2 814
-
16 124
-
health
1 178
-
6 526
-
total
6 321
-
35 553
-
Employer
16 874
-
93 500
-
total
-
-
-
-
Corporate
76 626
93 500
-
-
income

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

3 832
4 675
-
-
total
3 832
4 675
-
-
Dividends
72 794
88 825
-
-
social contributions
10 046
12 258
-
-
withholding
10 920
13 324
-
-
health
5 081
6 200
-
-
total
26 047
31 782
-
-
Income
93 500
93 500
93 500
93 500
Total tax
36 200
36 457
35 553
33 454
After tax
57 300
57 043
57 947
60 046
Living cost
10 553
10 553
10 553
10 553
Free-cash
46 747
46 490
47 394
49 493

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34141
₴7169
₴30470
₴33375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
26 767
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
374
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
45 494
Employee
24 872
19 833
75 409
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 031
5 954
-
income
2 831
1 463
21 793
-
health
962
768
2 250
-
total
7 334
5 055
32 323
-
Employer
24 872
19 833
75 409
-
chamber of commerce
99
79
301
-
health
940
750
2 198
-
pensions
3 121
2 490
7 297
-
accident
323
258
756
-
unemployment
746
595
1 744
-
surtax
98
98
98
-
payroll
746
595
2 262
-
other
1 181
942
3 435
-
total
7 254
5 807
18 091
-
Corporate
61 373
67 861
73 521
-
income

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

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

15 343
16 965
18 381
-
total
15 343
16 965
18 381
-
Dividends
46 030
50 896
-
-
withholding
12 658
13 996
-
-
total
12 658
13 996
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 589
41 823
68 795
45 494
After tax
50 911
51 677
24 705
48 006
Living cost
17 536
17 536
17 536
17 536
Free-cash
33 375
34 141
7 169
30 470

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34133
₴14446
₴22427
₴26669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
communal

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

-
-
-
4 866
social contributions
-
-
-
12 408
national
-
-
-
35 653
total
-
-
-
52 927
Employee

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

35 599
-
72 417
-
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.

310
-
630
-
communal

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

1 857
-
3 777
-
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.

2 670
-
5 431
-
national
10 945
-
26 583
-
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.

1 673
-
3 404
-
total
17 455
-
39 825
-
Employer

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

35 599
-
72 417
-
health

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

2 189
-
4 454
-
pensions

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

3 154
-
6 416
-
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.

463
-
942
-
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.

519
-
1 058
-
surtax
4 036
-
8 213
-
total
10 361
-
21 083
-
Corporate
47 539
93 500
-
-
income
9 508
18 700
-
-
surtax
190
374
-
-
total
9 698
19 074
-
-
Dividends
37 841
74 426
-
-
withholding

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

11 171
22 147
-
-
total
11 171
22 147
-
-
Income
93 500
93 500
93 500
93 500
Total tax
48 685
41 221
60 908
52 927
After tax
44 815
52 279
32 592
40 573
Living cost
18 146
18 146
18 146
18 146
Free-cash
26 669
34 133
14 446
22 427

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
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.
₴4587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44280
₴32347
₴34433
₴40872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
416
income
-
-
-
27 255
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
41 094
Employee
24 773
-
78 794
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
25 546
-
total
6 800
-
28 475
-
Employer
24 773
-
78 794
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
60 831
93 500
-
-
income

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

9 124
14 025
-
-
total
9 124
14 025
-
-
Dividends
51 706
79 475
-
-
withholding
10 835
17 222
-
-
total
10 835
17 222
-
-
Income
93 500
93 500
93 500
93 500
Total tax
34 655
31 247
43 180
41 094
After tax
58 845
62 253
50 320
52 406
Living cost
17 973
17 973
17 973
17 973
Free-cash
40 872
44 280
32 347
34 433

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27234
₴22255
₴18528
₴20680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
communal
-
-
-
5 909
accident
-
-
-
789
income
-
-
-
16 010
surtax
-
-
-
4 635
health
-
-
-
6 569
pensions
-
-
-
14 014
total
-
-
-
47 926
Employee
37 688
-
83 519
-
pensions
3 015
-
6 682
-
surtax
2 310
-
5 119
-
income
3 640
-
18 701
-
health
1 677
-
3 716
-
total
10 642
-
34 218
-
Employer
37 688
-
83 519
-
health
1 149
-
2 547
-
pensions
3 015
-
6 682
-
accident
339
-
752
-
total
4 503
-
9 981
-
Corporate
51 308
93 500
-
-
communal
3 463
6 312
-
-
income
7 696
14 025
-
-
surtax
538
982
-
-
total
11 697
21 319
-
-
Dividends
39 611
72 181
-
-
income
12 991
7 074
-
-
withholding
5 941
10 827
-
-
total
18 932
17 901
-
-
Income
93 500
93 500
93 500
93 500
Total tax
45 774
39 220
44 199
47 926
After tax
47 726
54 280
49 301
45 574
Living cost
27 046
27 046
27 046
27 046
Free-cash
20 680
27 234
22 255
18 528

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴47634
₴29949
₴32991
₴46050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
26 935
other
-
-
-
-
surtax
-
-
-
4 283
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
49 331
Employee
16 760
-
79 519
-
other
-
-
-
-
unemployment
1 166
-
4 623
-
pensions
1 118
-
4 430
-
surtax
59
-
3 688
-
income
2 810
-
23 958
-
health
428
-
1 693
-
total
5 581
-
38 392
-
Employer
16 760
-
79 519
-
health
762
-
3 022
-
pensions
2 235
-
8 854
-
unemployment
532
-
2 105
-
other
-
-
-
-
total
3 529
-
13 981
-
Corporate
73 212
93 500
-
-
income
19 035
24 310
-
-
total
19 035
24 310
-
-
Dividends
54 177
69 190
-
-
withholding
8 127
10 378
-
-
total
8 127
10 378
-
-
Income
93 500
93 500
93 500
93 500
Total tax
36 272
34 688
52 373
49 331
After tax
57 228
58 812
41 127
44 169
Living cost
11 178
11 178
11 178
11 178
Free-cash
46 050
47 634
29 949
32 991

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35739
₴26437
₴30639
₴34635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
social contributions
-
-
-
24 048
regional
-
-
-
1 410
municipal
-
-
-
555
national
-
-
-
23 442
total
-
-
-
49 455
Employee
27 607
-
93 500
-
municipal
146
-
496
-
national
4 374
-
20 375
-
regional
372
-
1 258
-
social contributions
9 309
-
31 528
-
total
14 201
-
53 657
-
Employer
27 607
-
93 500
-
total
-
-
-
-
Corporate
65 893
93 500
-
-
municipal
3 275
4 647
-
-
nationa
15 814
22 440
-
-
total
19 089
27 087
-
-
Dividends
46 803
66 414
-
-
withholding
12 169
17 268
-
-
total
12 169
17 268
-
-
Income
93 500
93 500
93 500
93 500
Total tax
45 459
44 355
53 657
49 455
After tax
48 041
49 145
39 843
44 045
Living cost
13 406
13 406
13 406
13 406
Free-cash
34 635
35 739
26 437
30 639

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴49336
₴34565
₴38557
₴43971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
9 497
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
222
health
-
-
-
12 623
total
-
-
-
39 904
Employee
22 117
-
71 985
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 909
-
income
2 654
-
8 754
-
health
2 986
-
9 718
-
total
7 078
-
22 381
-
Employer
22 117
-
71 985
-
health
1 990
-
6 479
-
social contributions
5 529
-
15 036
-
total
7 519
-
21 515
-
Corporate
63 863
93 500
-
-
income
12 134
17 765
-
-
total
12 134
17 765
-
-
Dividends
51 729
75 735
-
-
withholding
7 759
11 360
-
-
total
7 759
11 360
-
-
Income
93 500
93 500
93 500
93 500
Total tax
34 490
29 125
43 896
39 904
After tax
59 010
64 375
49 604
53 596
Living cost
15 039
15 039
15 039
15 039
Free-cash
43 971
49 336
34 565
38 557

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35853
₴8852
₴32226
₴35607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
26 767
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
374
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
45 396
Employee
21 755
19 833
75 500
-
other
217
198
582
-
unemployment
653
595
1 744
-
pensions
2 228
2 031
5 954
-
income
1 938
1 463
21 836
-
health
841
768
2 250
-
total
5 877
5 055
32 366
-
Employer
21 755
19 833
75 500
-
chamber of commerce
87
79
302
-
health
823
750
2 198
-
pensions
2 730
2 490
7 297
-
accident
282
258
756
-
unemployment
653
595
1 744
-
surtax
-
-
-
-
payroll
653
595
2 265
-
other
1 033
942
3 439
-
total
6 261
5 709
18 001
-
Corporate
65 485
67 959
73 611
-
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.

16 371
16 989
18 403
-
total
16 371
16 989
18 403
-
Dividends
49 114
50 969
-
-
withholding
13 506
14 016
-
-
total
13 506
14 016
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 015
41 769
68 770
45 396
After tax
51 485
51 731
24 730
48 104
Living cost
15 878
15 878
15 878
15 878
Free-cash
35 607
35 853
8 852
32 226

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴82576
₴68551
₴86316
₴81405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
93 500
microenterprise

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

-
-
-
935
total
-
-
-
935
Employee
7 811
-
93 500
-
income
1 562
-
18 700
-
total
1 562
-
18 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

85 689
93 500
-
-
total
-
-
-
-
Dividends
85 689
93 500
-
-
withholding
4 284
4 675
-
-
total
4 284
4 675
-
-
Income
93 500
93 500
93 500
93 500
Total tax
5 846
4 675
18 700
935
After tax
87 654
88 825
74 800
92 565
Living cost
6 249
6 249
6 249
6 249
Free-cash
81 405
82 576
68 551
86 316

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴51025
₴29545
₴32007
₴46864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
21 727
unemployment
-
-
-
141
health
-
-
-
9 201
pensions
-
-
-
17 075
total
-
-
-
48 144
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.

22 007
-
80 903
-
unemployment
31
-
113
-
pensions
3 411
-
12 540
-
income
3 795
-
20 130
-
health
1 421
-
5 226
-
total
8 658
-
38 009
-
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.

22 007
-
80 903
-
health
1 466
-
5 389
-
pensions
1 947
-
7 160
-
unemployment
13
-
48
-
total
3 426
-
12 597
-
Corporate
68 066
93 500
-
-
income
12 933
17 765
-
-
total
12 933
17 765
-
-
Dividends
55 133
75 735
-
-
withholding
8 270
11 361
-
-
total
8 270
11 361
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 287
29 126
50 606
48 144
After tax
60 213
64 374
42 894
45 356
Living cost
13 349
13 349
13 349
13 349
Free-cash
46 864
51 025
29 545
32 007

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35627
₴65761
₴43358
₴12192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
18 225
social contributions
-
-
-
10 659
total
-
-
-
28 884
Employee
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
Corporate
20 040
93 500
-
-
income
4 409
20 570
-
-
total
4 409
20 570
-
-
Dividends
15 631
72 930
-
-
income
3 439
16 045
-
-
total
3 439
16 045
-
-
Income
93 500
93 500
93 500
93 500
Total tax
60 050
36 615
6 481
28 884
After tax
33 450
56 885
87 019
64 616
Living cost
21 258
21 258
21 258
21 258
Free-cash
12 192
35 627
65 761
43 358

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37573
₴27001
₴34090
₴37071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
11 309
surtax
-
-
-
-
social contributions

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

-
-
-
32 491
total
-
-
-
43 800
Employee
22 889
-
75 556
-
surtax
-
-
-
-
social contributions
2 518
-
8 311
-
income
4 761
-
24 634
-
total
7 279
-
32 945
-
Employer
22 889
-
75 556
-
social contributions
5 436
-
17 944
-
total
5 436
-
17 944
-
Corporate
65 175
93 500
-
-
income
13 687
19 635
-
-
surtax
-
-
-
-
total
13 687
19 635
-
-
Dividends
51 488
73 865
-
-
withholding
14 417
20 682
-
-
total
14 417
20 682
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 819
40 317
50 889
43 800
After tax
52 681
53 183
42 611
49 700
Living cost
15 610
15 610
15 610
15 610
Free-cash
37 071
37 573
27 001
34 090

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴23087
₴26680
₴28559
₴26506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
15 090
other
-
-
-
2 898
surtax
-
-
-
-
social contributions
-
-
-
2 663
health
-
-
-
4 137
pensions
-
-
-
16 116
total
-
-
-
40 904
Employee
31 170
-
72 126
-
pensions
3 526
-
5 113
-
surtax
-
-
-
-
social contributions
888
-
2 055
-
income
2 720
-
14 241
-
total
7 134
-
21 409
-
Employer
31 170
-
72 126
-
health
2 182
-
6 790
-
pensions
5 122
-
8 592
-
unemployment
1 263
-
2 921
-
social contributions
93
-
216
-
other
1 076
-
2 855
-
total
9 736
-
21 374
-
Corporate
52 594
93 500
-
-
income
14 727
26 180
-
-
surtax
-
-
-
-
total
14 727
26 180
-
-
Dividends
37 868
67 320
-
-
surtax
-
-
-
-
social contributions
6 513
11 579
-
-
withholding
4 847
8 617
-
-
total
11 360
20 196
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 957
46 376
42 783
40 904
After tax
50 543
47 124
50 717
52 596
Living cost
24 037
24 037
24 037
24 037
Free-cash
26 506
23 087
26 680
28 559

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴69190
₴56185
₴53699
₴67518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
4 271
social contributions
-
-
-
20 570
total
-
-
-
24 841
Employee
16 000
-
80 952
-
income
-
-
4 546
-
social contributions
1 040
-
5 261
-
total
1 040
-
9 807
-
Employer
16 000
-
80 952
-
social contributions
2 480
-
12 548
-
total
2 480
-
12 548
-
Corporate
75 020
93 500
-
-
income
7 502
9 350
-
-
total
7 502
9 350
-
-
Dividends
67 519
84 150
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
11 022
9 350
22 355
24 841
After tax
82 478
84 150
71 145
68 659
Living cost
14 960
14 960
14 960
14 960
Free-cash
67 518
69 190
56 185
53 699

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14927
-₴14927
₴30840
-₴14927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
labour market
-
-
-
7 446
municipal
-
-
-
19 650
national
-
-
-
11 166
pensions
-
-
-
431
total
-
-
-
38 693
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
84 460
84 460
84 460
38 693
After tax
9 040
9 040
9 040
54 807
Living cost
23 967
23 967
23 967
23 967
Free-cash
-14 927
-14 927
-14 927
30 840

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3373
₴40001
₴52954
₴5893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
128
income
-
-
-
26 082
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
29 599
Employee
17 220
-
84 456
-
pensions
1 939
-
3 853
-
income
2 362
-
19 986
-
health
1 972
-
9 670
-
total
6 273
-
33 509
-
Employer
17 220
-
84 456
-
pensions
2 800
-
5 564
-
accident
288
-
1 410
-
unemployment
422
-
2 069
-
total
3 510
-
9 043
-
Corporate
72 771
93 500
-
-
income

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

65 494
84 150
-
-
total
65 494
84 150
-
-
Dividends
7 277
9 350
-
-
withholding
1 383
1 776
-
-
total
1 383
1 776
-
-
Income
93 500
93 500
93 500
93 500
Total tax
76 660
85 926
42 552
29 599
After tax
16 840
7 574
50 948
63 901
Living cost
10 947
10 947
10 947
10 947
Free-cash
5 893
-3 373
40 001
52 954

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
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.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39119
₴29572
₴40352
₴40510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
93 500
health
-
-
-
1 232
municipal
-
-
-
16 608
national
-
-
-
16 201
total
-
-
-
34 041
Employee
26 184
-
78 658
-
municipal
4 289
-
12 809
-
unemployment
393
-
1 180
-
pensions
1 767
-
5 310
-
national
433
-
9 677
-
health
195
-
1 004
-
total
7 077
-
29 980
-
Employer
26 184
-
78 658
-
health
201
-
605
-
pensions
4 543
-
13 647
-
accident
26
-
78
-
unemployment
170
-
511
-
total
4 940
-
14 841
-
Corporate
62 376
93 500
-
-
income
12 475
18 700
-
-
total
12 475
18 700
-
-
Dividends

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

37 426
56 100
-
-
municipal
6 737
10 098
-
-
national
2 654
6 476
-
-
total
9 391
16 574
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 883
35 274
44 821
34 041
After tax
59 617
58 226
48 679
59 459
Living cost
19 107
19 107
19 107
19 107
Free-cash
40 510
39 119
29 572
40 352

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴56667
₴51285
₴52091
₴53957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
19 449
social contributions
-
-
-
8 052
health
-
-
-
2 385
total
-
-
-
29 886
Employee
38 269
38 269
87 595
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
19 014
-
health
297
651
1 489
-
total
5 911
7 370
24 787
-
Employer
38 269
38 269
87 595
-
health
322
708
1 621
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 905
-
Corporate
74 298
51 347
-
-
income
9 288
6 418
-
-
total
9 288
6 418
-
-
Dividends
65 011
44 928
-
-
withholding
11 052
7 638
-
-
total
11 052
7 638
-
-
Income
93 500
93 500
93 500
93 500
Total tax
28 020
25 310
30 692
29 886
After tax
65 480
68 190
62 808
63 614
Living cost
11 523
11 523
11 523
11 523
Free-cash
53 957
56 667
51 285
52 091

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
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.
₴3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴69526
₴61074
₴71056
₴66993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93 500
income
-
-
-
9 561
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
14 542
Employee

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

11 423
-
88 636
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
8 327
-
health
971
-
4 014
-
total
3 522
-
19 660
-
Employer

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

11 423
-
88 636
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
80 901
93 500
-
-
income
7 281
8 415
-
-
total
7 281
8 415
-
-
Dividends
73 620
85 085
-
-
withholding
6 626
7 657
-
-
total
6 626
7 657
-
-
Income
93 500
93 500
93 500
93 500
Total tax
18 605
16 072
24 524
14 542
After tax
74 895
77 428
68 976
78 958
Living cost
7 902
7 902
7 902
7 902
Free-cash
66 993
69 526
61 074
71 056

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴48568
₴36635
₴38721
₴46371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
416
income
-
-
-
27 255
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
41 094
Employee
18 402
-
78 794
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
25 546
-
total
4 716
-
28 475
-
Employer
18 402
-
78 794
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
69 231
93 500
-
-
income

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

10 385
14 025
-
-
total
10 385
14 025
-
-
Dividends
58 846
79 475
-
-
withholding
12 477
17 222
-
-
total
12 477
17 222
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 444
31 247
43 180
41 094
After tax
60 056
62 253
50 320
52 406
Living cost
13 685
13 685
13 685
13 685
Free-cash
46 371
48 568
36 635
38 721

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
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.
₴2893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴57336
₴59103
₴59175
₴57170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
32 049
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
33 317
Employee
1 535
-
92 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
32 010
-
health
77
-
184
-
total
527
-
32 562
-
Employer
1 535
-
92 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
91 619
93 500
-
-
income
20 156
20 570
-
-
total
20 156
20 570
-
-
Dividends
71 463
72 930
-
-
withholding
14 293
14 586
-
-
total
14 293
14 586
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 322
35 156
33 389
33 317
After tax
58 178
58 344
60 111
60 183
Living cost
1 008
1 008
1 008
1 008
Free-cash
57 170
57 336
59 103
59 175

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴58964
₴49733
₴49732
₴56519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
21 300
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
35 177
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.

12 954
-
86 929
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
21 300
-
health
667
-
1 891
-
total
4 364
-
28 605
-
Employer

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

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

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

12 954
-
86 929
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
78 227
93 500
-
-
income
11 734
14 025
-
-
total
11 734
14 025
-
-
Dividends
66 493
79 475
-
-
withholding
9 974
11 921
-
-
total
9 974
11 921
-
-
Income
93 500
93 500
93 500
93 500
Total tax
28 390
25 946
35 176
35 177
After tax
65 110
67 554
58 324
58 323
Living cost
8 590
8 590
8 590
8 590
Free-cash
56 519
58 964
49 733
49 732

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39766
₴29194
₴36283
₴39587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
11 309
surtax
-
-
-
-
social contributions

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

-
-
-
32 491
total
-
-
-
43 800
Employee
19 316
-
75 556
-
surtax
-
-
-
-
social contributions
2 125
-
8 311
-
income
3 774
-
24 634
-
total
5 899
-
32 945
-
Employer
19 316
-
75 556
-
social contributions
4 587
-
17 944
-
total
4 587
-
17 944
-
Corporate
69 597
93 500
-
-
income
14 615
19 635
-
-
surtax
-
-
-
-
total
14 615
19 635
-
-
Dividends
54 982
73 865
-
-
withholding
15 395
20 682
-
-
total
15 395
20 682
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 496
40 317
50 889
43 800
After tax
53 004
53 183
42 611
49 700
Living cost
13 417
13 417
13 417
13 417
Free-cash
39 587
39 766
29 194
36 283

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
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.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44763
₴32830
₴34916
₴41506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
416
income
-
-
-
27 255
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
41 094
Employee
24 035
-
78 794
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
25 546
-
total
6 546
-
28 475
-
Employer
24 035
-
78 794
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
61 801
93 500
-
-
income

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

9 271
14 025
-
-
total
9 271
14 025
-
-
Dividends
52 531
79 475
-
-
withholding
11 024
17 222
-
-
total
11 024
17 222
-
-
Income
93 500
93 500
93 500
93 500
Total tax
34 504
31 247
43 180
41 094
After tax
58 996
62 253
50 320
52 406
Living cost
17 490
17 490
17 490
17 490
Free-cash
41 506
44 763
32 830
34 916

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴71384
₴70007
₴66275
₴68350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
18 666
Employee
11 334
-
90 090
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
9 009
-
health
521
-
799
-
total
2 775
-
11 525
-
Employer
11 334
-
90 090
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
79 943
93 500
-
-
income
7 994
9 350
-
-
total
7 994
9 350
-
-
Dividends
71 949
84 150
-
-
withholding
3 598
4 207
-
-
total
3 598
4 207
-
-
Income
93 500
93 500
93 500
93 500
Total tax
16 591
13 557
14 934
18 666
After tax
76 909
79 943
78 566
74 834
Living cost
8 559
8 559
8 559
8 559
Free-cash
68 350
71 384
70 007
66 275

Estimated living cost  is ₴8559 per week

₴5661
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.
₴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.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28896
₴39712
₴29615
₴35407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income

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

-
-
-
29 549
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.

-
-
-
1 625
health

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

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

-
-
-
3 400
trade
-
-
-
10 097
total
-
-
-
44 671
Employee

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

24 762
-
93 500
-
surtax

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

112
-
1 625
-
income

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

2 036
-
29 549
-
health

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

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

3 400
-
3 400
-
total
5 548
-
34 574
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 738
93 500
-
-
income
10 310
14 025
-
-
surtax

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

567
772
-
-
chamber of commerce
177
212
-
-
trade
9 864
13 418
-
-
total
20 918
28 427
-
-
Dividends
47 820
65 074
-
-
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.

647
884
-
-
withholding
11 766
16 079
-
-
total
12 413
16 963
-
-
Income
93 500
93 500
93 500
93 500
Total tax
38 879
45 390
34 574
44 671
After tax
54 621
48 110
58 926
48 829
Living cost
19 214
19 214
19 214
19 214
Free-cash
35 407
28 896
39 712
29 615

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37101
₴20242
₴20242
₴38198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
29 174
social contributions
-
-
-
15 734
total
-
-
-
44 908
Employee
38 929
-
93 500
-
income
7 346
-
29 174
-
social contributions
3 234
-
15 734
-
total
10 580
-
44 908
-
Employer
38 929
-
93 500
-
total
-
-
-
-
Corporate
54 571
93 500
-
-
income
6 822
11 687
-
-
total
6 822
11 687
-
-
Dividends
47 749
81 813
-
-
withholding
9 550
16 362
-
-
total
9 550
16 362
-
-
Income
93 500
93 500
93 500
93 500
Total tax
26 952
28 049
44 908
44 908
After tax
66 548
65 451
48 592
48 592
Living cost
28 350
28 350
28 350
28 350
Free-cash
38 198
37 101
20 242
20 242

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴40080
₴48058
₴58251
₴41820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
91 211
-
income
2 477
-
22 798
-
social contributions
2 287
-
2 289
-
total
4 764
-
25 087
-
Employer
22 830
-
91 211
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
68 382
93 500
-
-
income
23 934
32 725
-
-
total
23 934
32 725
-
-
Dividends
44 448
60 775
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 614
35 354
27 376
17 183
After tax
59 886
58 146
66 124
76 317
Living cost
18 066
18 066
18 066
18 066
Free-cash
41 820
40 080
48 058
58 251

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
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.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42098
₴34660
₴43091
₴45041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
27 352
pensions
-
-
-
4 591
total
-
-
-
31 943
Employee
25 347
-
81 623
-
pensions
1 935
-
5 604
-
income
4 616
-
21 732
-
health
331
-
1 161
-
total
6 882
-
28 497
-
Employer
25 347
-
81 623
-
health
482
-
1 550
-
pensions
2 561
-
10 327
-
total
3 043
-
11 877
-
Corporate
65 110
93 500
-
-
income

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

12 371
17 765
-
-
total
12 371
17 765
-
-
Dividends
52 739
75 735
-
-
withholding
7 697
15 171
-
-
total
7 697
15 171
-
-
Income
93 500
93 500
93 500
93 500
Total tax
29 993
32 936
40 374
31 943
After tax
63 507
60 564
53 126
61 557
Living cost
18 466
18 466
18 466
18 466
Free-cash
45 041
42 098
34 660
43 091

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4457
₴38917
₴51870
₴5727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
128
income
-
-
-
26 082
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
29 599
Employee
18 925
-
84 456
-
pensions
2 131
-
3 853
-
income
2 596
-
19 986
-
health
2 167
-
9 670
-
total
6 894
-
33 509
-
Employer
18 925
-
84 456
-
pensions
3 077
-
5 564
-
accident
316
-
1 410
-
unemployment
464
-
2 069
-
total
3 857
-
9 043
-
Corporate
70 719
93 500
-
-
income

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

63 647
84 150
-
-
total
63 647
84 150
-
-
Dividends
7 072
9 350
-
-
withholding
1 344
1 776
-
-
total
1 344
1 776
-
-
Income
93 500
93 500
93 500
93 500
Total tax
75 742
85 926
42 552
29 599
After tax
17 758
7 574
50 948
63 901
Living cost
12 031
12 031
12 031
12 031
Free-cash
5 727
-4 457
38 917
51 870

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴64803
₴60326
₴49381
₴69628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
15 504
unemployment
-
-
-
955
work injury
-
-
-
398
health insurance
-
-
-
5 891
pensions
-
-
-
14 647
total
-
-
-
37 395
Employee

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

10 758
-
93 500
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
15 504
-
total
4 034
-
26 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 742
93 500
-
-
income

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

827
9 350
-
-
total
827
9 350
-
-
Dividends
81 915
84 150
-
-
withholding
12 287
12 623
-
-
total
12 287
12 623
-
-
Income
93 500
93 500
93 500
93 500
Total tax
17 148
21 973
26 450
37 395
After tax
76 352
71 527
67 050
56 105
Living cost
6 724
6 724
6 724
6 724
Free-cash
69 628
64 803
60 326
49 381

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29423
₴19307
₴23411
₴27159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
social contributions
-
-
-
24 048
regional
-
-
-
2 148
municipal
-
-
-
625
national
-
-
-
23 442
total
-
-
-
50 263
Employee
41 937
-
93 500
-
municipal
250
-
558
-
national
7 087
-
20 375
-
regional
633
-
1 906
-
social contributions
14 141
-
31 528
-
total
22 111
-
54 367
-
Employer
41 937
-
93 500
-
total
-
-
-
-
Corporate
51 563
93 500
-
-
municipal
2 486
4 507
-
-
nationa
12 375
22 440
-
-
total
14 861
26 947
-
-
Dividends
36 702
66 553
-
-
withholding
9 543
17 304
-
-
total
9 543
17 304
-
-
Income
93 500
93 500
93 500
93 500
Total tax
46 515
44 251
54 367
50 263
After tax
46 985
49 249
39 133
43 237
Living cost
19 826
19 826
19 826
19 826
Free-cash
27 159
29 423
19 307
23 411

Estimated living cost  is ₴19826 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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