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
€ 15150
per

Your estimated
City
free-cash

Batumi , Georgia
€9317
€10118
€7846
€10725
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%.

-
-
-
15 150
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
5 343
-
15 150
-
income
1 069
-
3 030
-
total
1 069
-
3 030
-
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%.

9 807
15 150
-
-
total
-
-
-
-
Dividends
9 807
15 150
-
-
withholding
490
758
-
-
total
490
758
-
-
Income
15 150
15 150
15 150
15 150
Total tax
1 559
758
3 030
151
After tax
13 591
14 392
12 120
14 999
Living cost
4 274
4 274
4 274
4 274
Free-cash
9 317
10 118
7 846
10 725

Estimated living cost  is €4274 per year

€2648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€117
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.
€1152
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
€6484
€7732
€5460
€8339
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%.

-
-
-
15 150
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
8 325
-
15 150
-
income
1 665
-
3 030
-
total
1 665
-
3 030
-
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%.

6 825
15 150
-
-
total
-
-
-
-
Dividends
6 825
15 150
-
-
withholding
341
758
-
-
total
341
758
-
-
Income
15 150
15 150
15 150
15 150
Total tax
2 006
758
3 030
151
After tax
13 144
14 392
12 120
14 999
Living cost
6 660
6 660
6 660
6 660
Free-cash
6 484
7 732
5 460
8 339

Estimated living cost  is €6660 per year

€4507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
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.
€1650
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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