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
€ 16300
per

Your estimated
City
free-cash

Batumi , Georgia
€11784
€11132
€10316
€8687
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%.

-
-
-
16 300
microenterprise

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

-
-
-
163
total
-
-
-
163
Employee
5 441
-
16 300
-
income
1 088
-
3 260
-
total
1 088
-
3 260
-
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%.

10 859
16 300
-
-
total
-
-
-
-
Dividends
10 859
16 300
-
-
withholding
543
815
-
-
total
543
815
-
-
Income
16 300
16 300
16 300
16 300
Total tax
1 631
815
3 260
163
After tax
14 669
15 485
13 040
16 137
Living cost
4 353
4 353
4 353
4 353
Free-cash
10 316
11 132
8 687
11 784

Estimated living cost  is €4353 per year

€2698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€120
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.
€1174
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
€9354
€8702
€7430
€6257
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%.

-
-
-
16 300
microenterprise

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

-
-
-
163
total
-
-
-
163
Employee
8 479
-
16 300
-
income
1 696
-
3 260
-
total
1 696
-
3 260
-
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%.

7 821
16 300
-
-
total
-
-
-
-
Dividends
7 821
16 300
-
-
withholding
391
815
-
-
total
391
815
-
-
Income
16 300
16 300
16 300
16 300
Total tax
2 087
815
3 260
163
After tax
14 213
15 485
13 040
16 137
Living cost
6 783
6 783
6 783
6 783
Free-cash
7 430
8 702
6 257
9 354

Estimated living cost  is €6783 per year

€4590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€227
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.
€1681
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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