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
€ 19000
per

Your estimated
City
free-cash

Batumi , Georgia
€13276
€12380
€14036
€10426
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%.

-
-
-
19 000
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
5 968
-
19 000
-
income
1 194
-
3 800
-
total
1 194
-
3 800
-
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%.

13 032
19 000
-
-
total
-
-
-
-
Dividends
13 032
19 000
-
-
withholding
652
950
-
-
total
652
950
-
-
Income
19 000
19 000
19 000
19 000
Total tax
1 846
950
3 800
190
After tax
17 154
18 050
15 200
18 810
Living cost
4 774
4 774
4 774
4 774
Free-cash
12 380
13 276
10 426
14 036

Estimated living cost  is €4774 per year

€2958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€131
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.
€1287
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.
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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
€10611
€9216
€11371
€7761
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%.

-
-
-
19 000
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
9 299
-
19 000
-
income
1 860
-
3 800
-
total
1 860
-
3 800
-
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%.

9 701
19 000
-
-
total
-
-
-
-
Dividends
9 701
19 000
-
-
withholding
485
950
-
-
total
485
950
-
-
Income
19 000
19 000
19 000
19 000
Total tax
2 345
950
3 800
190
After tax
16 655
18 050
15 200
18 810
Living cost
7 439
7 439
7 439
7 439
Free-cash
9 216
10 611
7 761
11 371

Estimated living cost  is €7439 per year

€5034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€249
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.
€1843
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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