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
€ 11950
per

Your estimated
City
free-cash

Batumi , Georgia
€6255
€7060
€5267
€7537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
11 950
microenterprise

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

-
-
-
120
total
-
-
-
120
Employee
5 366
-
11 950
-
income
1 073
-
2 390
-
total
1 073
-
2 390
-
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%.

6 584
11 950
-
-
total
-
-
-
-
Dividends
6 584
11 950
-
-
withholding
329
597
-
-
total
329
597
-
-
Income
11 950
11 950
11 950
11 950
Total tax
1 402
597
2 390
120
After tax
10 548
11 353
9 560
11 830
Living cost
4 293
4 293
4 293
4 293
Free-cash
6 255
7 060
5 267
7 537

Estimated living cost  is €4293 per year

€2661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
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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.

Tbilisi , Georgia
€3407
€4662
€2869
€5139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
11 950
microenterprise

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

-
-
-
120
total
-
-
-
120
Employee
8 364
-
11 950
-
income
1 673
-
2 390
-
total
1 673
-
2 390
-
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%.

3 586
11 950
-
-
total
-
-
-
-
Dividends
3 586
11 950
-
-
withholding
179
597
-
-
total
179
597
-
-
Income
11 950
11 950
11 950
11 950
Total tax
1 852
597
2 390
120
After tax
10 098
11 353
9 560
11 830
Living cost
6 691
6 691
6 691
6 691
Free-cash
3 407
4 662
2 869
5 139

Estimated living cost  is €6691 per year

€4528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€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.

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Additional information

Source

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