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
€ 15050
per

Your estimated
City
free-cash

Batumi , Georgia
€7538
€9796
€10397
€8952
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%.

-
-
-
15 050
microenterprise

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

-
-
-
151
total
-
-
-
151
Employee
5 627
-
15 050
-
income
1 125
-
3 010
-
total
1 125
-
3 010
-
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%.

9 423
15 050
-
-
total
-
-
-
-
Dividends
9 423
15 050
-
-
withholding
471
752
-
-
total
471
752
-
-
Income
15 050
15 050
15 050
15 050
Total tax
1 596
752
3 010
151
After tax
13 454
14 298
12 040
14 899
Living cost
4 502
4 502
4 502
4 502
Free-cash
8 952
9 796
7 538
10 397

Estimated living cost  is €4502 per year

€2790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€124
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.
€1214
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
€5024
€7282
€7883
€5966
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%.

-
-
-
15 050
microenterprise

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

-
-
-
151
total
-
-
-
151
Employee
8 770
-
15 050
-
income
1 754
-
3 010
-
total
1 754
-
3 010
-
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%.

6 280
15 050
-
-
total
-
-
-
-
Dividends
6 280
15 050
-
-
withholding
314
752
-
-
total
314
752
-
-
Income
15 050
15 050
15 050
15 050
Total tax
2 068
752
3 010
151
After tax
12 982
14 298
12 040
14 899
Living cost
7 016
7 016
7 016
7 016
Free-cash
5 966
7 282
5 024
7 883

Estimated living cost  is €7016 per year

€4748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€235
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.
€1738
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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