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
€ 17350
per

Your estimated
City
free-cash

Batumi , Georgia
€11688
€12383
€9086
€10790
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%.

-
-
-
17 350
microenterprise

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

-
-
-
173
total
-
-
-
173
Employee
5 992
-
17 350
-
income
1 198
-
3 470
-
total
1 198
-
3 470
-
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%.

11 358
17 350
-
-
total
-
-
-
-
Dividends
11 358
17 350
-
-
withholding
568
868
-
-
total
568
868
-
-
Income
17 350
17 350
17 350
17 350
Total tax
1 766
868
3 470
173
After tax
15 584
16 482
13 880
17 177
Living cost
4 794
4 794
4 794
4 794
Free-cash
10 790
11 688
9 086
12 383

Estimated living cost  is €4794 per year

€2971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€132
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.
€1293
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
€9011
€9706
€6409
€7610
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%.

-
-
-
17 350
microenterprise

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

-
-
-
173
total
-
-
-
173
Employee
9 339
-
17 350
-
income
1 868
-
3 470
-
total
1 868
-
3 470
-
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%.

8 011
17 350
-
-
total
-
-
-
-
Dividends
8 011
17 350
-
-
withholding
401
868
-
-
total
401
868
-
-
Income
17 350
17 350
17 350
17 350
Total tax
2 269
868
3 470
173
After tax
15 081
16 482
13 880
17 177
Living cost
7 471
7 471
7 471
7 471
Free-cash
7 610
9 011
6 409
9 706

Estimated living cost  is €7471 per year

€5056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€251
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.
€1851
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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