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
€ 12950
per

Your estimated
City
free-cash

Batumi , Georgia
€5930
€7872
€8390
€7041
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%.

-
-
-
12 950
microenterprise

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

-
-
-
130
total
-
-
-
130
Employee
5 538
-
12 950
-
income
1 108
-
2 590
-
total
1 108
-
2 590
-
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%.

7 412
12 950
-
-
total
-
-
-
-
Dividends
7 412
12 950
-
-
withholding
371
648
-
-
total
371
648
-
-
Income
12 950
12 950
12 950
12 950
Total tax
1 479
648
2 590
130
After tax
11 471
12 302
10 360
12 820
Living cost
4 430
4 430
4 430
4 430
Free-cash
7 041
7 872
5 930
8 390

Estimated living cost  is €4430 per year

€2745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€122
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.
€1195
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.

Tbilisi , Georgia
€3457
€5399
€5917
€4105
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%.

-
-
-
12 950
microenterprise

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

-
-
-
130
total
-
-
-
130
Employee
8 629
-
12 950
-
income
1 726
-
2 590
-
total
1 726
-
2 590
-
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%.

4 321
12 950
-
-
total
-
-
-
-
Dividends
4 321
12 950
-
-
withholding
216
648
-
-
total
216
648
-
-
Income
12 950
12 950
12 950
12 950
Total tax
1 942
648
2 590
130
After tax
11 008
12 302
10 360
12 820
Living cost
6 903
6 903
6 903
6 903
Free-cash
4 105
5 399
3 457
5 917

Estimated living cost  is €6903 per year

€4671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€290
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.
€1710
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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