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
€ 19750
per

Your estimated
City
free-cash

Batumi , Georgia
€14803
€11051
€13123
€14014
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%.

-
-
-
19 750
microenterprise

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

-
-
-
198
total
-
-
-
198
Employee
5 936
-
19 750
-
income
1 187
-
3 950
-
total
1 187
-
3 950
-
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%.

13 814
19 750
-
-
total
-
-
-
-
Dividends
13 814
19 750
-
-
withholding
691
987
-
-
total
691
987
-
-
Income
19 750
19 750
19 750
19 750
Total tax
1 878
987
3 950
198
After tax
17 872
18 763
15 800
19 552
Living cost
4 749
4 749
4 749
4 749
Free-cash
13 123
14 014
11 051
14 803

Estimated living cost  is €4749 per year

€2943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€395
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.
€1281
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.

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