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
€ 18950
per

Your estimated
City
free-cash

Batumi , Georgia
€14462
€13705
€12899
€10862
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%.

-
-
-
18 950
microenterprise

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

-
-
-
190
total
-
-
-
190
Employee
5 372
-
18 950
-
income
1 074
-
3 790
-
total
1 074
-
3 790
-
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%.

13 578
18 950
-
-
total
-
-
-
-
Dividends
13 578
18 950
-
-
withholding
679
947
-
-
total
679
947
-
-
Income
18 950
18 950
18 950
18 950
Total tax
1 753
947
3 790
190
After tax
17 197
18 003
15 160
18 760
Living cost
4 298
4 298
4 298
4 298
Free-cash
12 899
13 705
10 862
14 462

Estimated living cost  is €4298 per year

€2664
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.
€1159
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
€12062
€11305
€10049
€8462
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%.

-
-
-
18 950
microenterprise

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

-
-
-
190
total
-
-
-
190
Employee
8 372
-
18 950
-
income
1 674
-
3 790
-
total
1 674
-
3 790
-
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%.

10 578
18 950
-
-
total
-
-
-
-
Dividends
10 578
18 950
-
-
withholding
529
947
-
-
total
529
947
-
-
Income
18 950
18 950
18 950
18 950
Total tax
2 203
947
3 790
190
After tax
16 747
18 003
15 160
18 760
Living cost
6 698
6 698
6 698
6 698
Free-cash
10 049
11 305
8 462
12 062

Estimated living cost  is €6698 per year

€4533
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.
€225
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.
€1660
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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