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
€ 15650
per

Your estimated
City
free-cash

Batumi , Georgia
€8124
€10471
€11098
€9647
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%.

-
-
-
15 650
microenterprise

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

-
-
-
156
total
-
-
-
156
Employee
5 495
-
15 650
-
income
1 099
-
3 130
-
total
1 099
-
3 130
-
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%.

10 155
15 650
-
-
total
-
-
-
-
Dividends
10 155
15 650
-
-
withholding
508
783
-
-
total
508
783
-
-
Income
15 650
15 650
15 650
15 650
Total tax
1 607
783
3 130
156
After tax
14 043
14 867
12 520
15 494
Living cost
4 396
4 396
4 396
4 396
Free-cash
9 647
10 471
8 124
11 098

Estimated living cost  is €4396 per year

€2725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€121
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.
€1186
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
€5669
€8016
€8643
€6732
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%.

-
-
-
15 650
microenterprise

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

-
-
-
156
total
-
-
-
156
Employee
8 564
-
15 650
-
income
1 713
-
3 130
-
total
1 713
-
3 130
-
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%.

7 086
15 650
-
-
total
-
-
-
-
Dividends
7 086
15 650
-
-
withholding
354
783
-
-
total
354
783
-
-
Income
15 650
15 650
15 650
15 650
Total tax
2 067
783
3 130
156
After tax
13 583
14 867
12 520
15 494
Living cost
6 851
6 851
6 851
6 851
Free-cash
6 732
8 016
5 669
8 643

Estimated living cost  is €6851 per year

€4636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€230
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.
€1697
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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