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
€ 17000
per

Your estimated
City
free-cash

Batumi , Georgia
€11052
€11857
€9307
€12537
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%.

-
-
-
17 000
microenterprise

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

-
-
-
170
total
-
-
-
170
Employee
5 366
-
17 000
-
income
1 073
-
3 400
-
total
1 073
-
3 400
-
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%.

11 634
17 000
-
-
total
-
-
-
-
Dividends
11 634
17 000
-
-
withholding
582
850
-
-
total
582
850
-
-
Income
17 000
17 000
17 000
17 000
Total tax
1 655
850
3 400
170
After tax
15 345
16 150
13 600
16 830
Living cost
4 293
4 293
4 293
4 293
Free-cash
11 052
11 857
9 307
12 537

Estimated living cost  is €4293 per year

€2661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1158
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.

Tbilisi , Georgia
€8204
€9459
€6909
€10139
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%.

-
-
-
17 000
microenterprise

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

-
-
-
170
total
-
-
-
170
Employee
8 364
-
17 000
-
income
1 673
-
3 400
-
total
1 673
-
3 400
-
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%.

8 636
17 000
-
-
total
-
-
-
-
Dividends
8 636
17 000
-
-
withholding
432
850
-
-
total
432
850
-
-
Income
17 000
17 000
17 000
17 000
Total tax
2 105
850
3 400
170
After tax
14 895
16 150
13 600
16 830
Living cost
6 691
6 691
6 691
6 691
Free-cash
8 204
9 459
6 909
10 139

Estimated living cost  is €6691 per year

€4528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€224
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.
€1658
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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