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
€ 14650
per

Your estimated
City
free-cash

Batumi , Georgia
€10204
€8007
€10790
€9508
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%.

-
-
-
14 650
microenterprise

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

-
-
-
147
total
-
-
-
147
Employee
4 641
-
14 650
-
income
928
-
2 930
-
total
928
-
2 930
-
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%.

10 009
14 650
-
-
total
-
-
-
-
Dividends
10 009
14 650
-
-
withholding
501
733
-
-
total
501
733
-
-
Income
14 650
14 650
14 650
14 650
Total tax
1 429
733
2 930
147
After tax
13 221
13 917
11 720
14 503
Living cost
3 713
3 713
3 713
3 713
Free-cash
9 508
10 204
8 007
10 790

Estimated living cost  is €3713 per year

€2301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€102
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.
€1001
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
€8130
€5933
€8716
€7045
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%.

-
-
-
14 650
microenterprise

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

-
-
-
147
total
-
-
-
147
Employee
7 234
-
14 650
-
income
1 447
-
2 930
-
total
1 447
-
2 930
-
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%.

7 416
14 650
-
-
total
-
-
-
-
Dividends
7 416
14 650
-
-
withholding
371
733
-
-
total
371
733
-
-
Income
14 650
14 650
14 650
14 650
Total tax
1 818
733
2 930
147
After tax
12 832
13 917
11 720
14 503
Living cost
5 787
5 787
5 787
5 787
Free-cash
7 045
8 130
5 933
8 716

Estimated living cost  is €5787 per year

€3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€194
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.
€1434
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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