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
€ 14700

per

Your estimated

Best value All models

City

free-cash

Tbilisi , Georgia

€6577

€5192

€7165

€4372

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%.

14 700

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

9 235

14 700

income

1 847

2 940

total

1 847

2 940

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%.

5 465

14 700

total

Dividends

5 465

14 700

withholding

273

735

total

273

735

Income

14 700

Total tax

2 120

735

2 940

147

After tax

12 580

13 965

11 760

14 553

Living cost

7 388

Free-cash

5 192

6 577

4 372

7 165

Estimated living cost is €7388 per year

€4999

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.

€1830

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.