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
€ 17750
per

Your estimated
City
free-cash

Batumi , Georgia
€9833
€12496
€13206
€11676
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%.

-
-
-
17 750
microenterprise

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

-
-
-
177
total
-
-
-
177
Employee
5 459
-
17 750
-
income
1 092
-
3 550
-
total
1 092
-
3 550
-
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%.

12 291
17 750
-
-
total
-
-
-
-
Dividends
12 291
17 750
-
-
withholding
615
887
-
-
total
615
887
-
-
Income
17 750
17 750
17 750
17 750
Total tax
1 707
887
3 550
177
After tax
16 043
16 863
14 200
17 573
Living cost
4 367
4 367
4 367
4 367
Free-cash
11 676
12 496
9 833
13 206

Estimated living cost  is €4367 per year

€2706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€363
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.
€1178
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
€7395
€10058
€10768
€8782
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%.

-
-
-
17 750
microenterprise

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

-
-
-
177
total
-
-
-
177
Employee
8 506
-
17 750
-
income
1 701
-
3 550
-
total
1 701
-
3 550
-
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%.

9 244
17 750
-
-
total
-
-
-
-
Dividends
9 244
17 750
-
-
withholding
462
887
-
-
total
462
887
-
-
Income
17 750
17 750
17 750
17 750
Total tax
2 163
887
3 550
177
After tax
15 587
16 863
14 200
17 573
Living cost
6 805
6 805
6 805
6 805
Free-cash
8 782
10 058
7 395
10 768

Estimated living cost  is €6805 per year

€4605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€228
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.
€1686
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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