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
€ 18550
per

Your estimated
City
free-cash

Batumi , Georgia
€10463
€13246
€13987
€12425
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%.

-
-
-
18 550
microenterprise

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

-
-
-
186
total
-
-
-
186
Employee
5 471
-
18 550
-
income
1 094
-
3 710
-
total
1 094
-
3 710
-
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%.

13 079
18 550
-
-
total
-
-
-
-
Dividends
13 079
18 550
-
-
withholding
654
927
-
-
total
654
927
-
-
Income
18 550
18 550
18 550
18 550
Total tax
1 748
927
3 710
186
After tax
16 802
17 623
14 840
18 364
Living cost
4 377
4 377
4 377
4 377
Free-cash
12 425
13 246
10 463
13 987

Estimated living cost  is €4377 per year

€2713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€364
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.
€1180
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
€8019
€10802
€11543
€9523
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%.

-
-
-
18 550
microenterprise

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

-
-
-
186
total
-
-
-
186
Employee
8 526
-
18 550
-
income
1 705
-
3 710
-
total
1 705
-
3 710
-
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%.

10 024
18 550
-
-
total
-
-
-
-
Dividends
10 024
18 550
-
-
withholding
501
927
-
-
total
501
927
-
-
Income
18 550
18 550
18 550
18 550
Total tax
2 206
927
3 710
186
After tax
16 344
17 623
14 840
18 364
Living cost
6 821
6 821
6 821
6 821
Free-cash
9 523
10 802
8 019
11 543

Estimated living cost  is €6821 per year

€4616
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.
€229
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.
€1690
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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