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
€ 17200
per

Your estimated
City
free-cash

Batumi , Georgia
€10788
€9085
€12353
€11665
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%.

-
-
-
17 200
microenterprise

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

-
-
-
172
total
-
-
-
172
Employee
5 844
-
17 200
-
income
1 169
-
3 440
-
total
1 169
-
3 440
-
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%.

11 356
17 200
-
-
total
-
-
-
-
Dividends
11 356
17 200
-
-
withholding
568
860
-
-
total
568
860
-
-
Income
17 200
17 200
17 200
17 200
Total tax
1 737
860
3 440
172
After tax
15 463
16 340
13 760
17 028
Living cost
4 675
4 675
4 675
4 675
Free-cash
10 788
11 665
9 085
12 353

Estimated living cost  is €4675 per year

€2897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€128
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.
€1261
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
€7689
€6475
€9743
€9055
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%.

-
-
-
17 200
microenterprise

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

-
-
-
172
total
-
-
-
172
Employee
9 106
-
17 200
-
income
1 821
-
3 440
-
total
1 821
-
3 440
-
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%.

8 094
17 200
-
-
total
-
-
-
-
Dividends
8 094
17 200
-
-
withholding
405
860
-
-
total
405
860
-
-
Income
17 200
17 200
17 200
17 200
Total tax
2 226
860
3 440
172
After tax
14 974
16 340
13 760
17 028
Living cost
7 285
7 285
7 285
7 285
Free-cash
7 689
9 055
6 475
9 743

Estimated living cost  is €7285 per year

€4930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€244
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.
€1805
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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