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
€ 19600
per

Your estimated
City
free-cash

Batumi , Georgia
€11169
€14893
€14109
€13263
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%.

-
-
-
19 600
microenterprise

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

-
-
-
196
total
-
-
-
196
Employee
5 639
-
19 600
-
income
1 128
-
3 920
-
total
1 128
-
3 920
-
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%.

13 961
19 600
-
-
total
-
-
-
-
Dividends
13 961
19 600
-
-
withholding
698
980
-
-
total
698
980
-
-
Income
19 600
19 600
19 600
19 600
Total tax
1 826
980
3 920
196
After tax
17 774
18 620
15 680
19 404
Living cost
4 511
4 511
4 511
4 511
Free-cash
13 263
14 109
11 169
14 893

Estimated living cost  is €4511 per year

€2796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€124
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.
€1217
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
€8650
€12374
€11590
€10272
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%.

-
-
-
19 600
microenterprise

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

-
-
-
196
total
-
-
-
196
Employee
8 787
-
19 600
-
income
1 757
-
3 920
-
total
1 757
-
3 920
-
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%.

10 813
19 600
-
-
total
-
-
-
-
Dividends
10 813
19 600
-
-
withholding
541
980
-
-
total
541
980
-
-
Income
19 600
19 600
19 600
19 600
Total tax
2 298
980
3 920
196
After tax
17 302
18 620
15 680
19 404
Living cost
7 030
7 030
7 030
7 030
Free-cash
10 272
11 590
8 650
12 374

Estimated living cost  is €7030 per year

€4757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€236
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.
€1742
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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