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
€ 13550
per

Your estimated
City
free-cash

Batumi , Georgia
€8669
€6094
€7237
€8127
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%.

-
-
-
13 550
microenterprise

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

-
-
-
135
total
-
-
-
135
Employee
5 932
-
13 550
-
income
1 186
-
2 710
-
total
1 186
-
2 710
-
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%.

7 618
13 550
-
-
total
-
-
-
-
Dividends
7 618
13 550
-
-
withholding
381
677
-
-
total
381
677
-
-
Income
13 550
13 550
13 550
13 550
Total tax
1 567
677
2 710
135
After tax
11 983
12 873
10 840
13 415
Living cost
4 746
4 746
4 746
4 746
Free-cash
7 237
8 127
6 094
8 669

Estimated living cost  is €4746 per year

€2941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€130
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.
€1280
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
€6019
€3444
€4090
€5477
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%.

-
-
-
13 550
microenterprise

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

-
-
-
135
total
-
-
-
135
Employee
9 245
-
13 550
-
income
1 849
-
2 710
-
total
1 849
-
2 710
-
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%.

4 305
13 550
-
-
total
-
-
-
-
Dividends
4 305
13 550
-
-
withholding
215
677
-
-
total
215
677
-
-
Income
13 550
13 550
13 550
13 550
Total tax
2 064
677
2 710
135
After tax
11 486
12 873
10 840
13 415
Living cost
7 396
7 396
7 396
7 396
Free-cash
4 090
5 477
3 444
6 019

Estimated living cost  is €7396 per year

€5005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1832
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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