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
€ 20650
per

Your estimated
City
free-cash

Batumi , Georgia
€14104
€15801
€14974
€11877
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%.

-
-
-
20 650
microenterprise

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

-
-
-
206
total
-
-
-
206
Employee
5 804
-
20 650
-
income
1 161
-
4 130
-
total
1 161
-
4 130
-
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%.

14 846
20 650
-
-
total
-
-
-
-
Dividends
14 846
20 650
-
-
withholding
742
1 033
-
-
total
742
1 033
-
-
Income
20 650
20 650
20 650
20 650
Total tax
1 903
1 033
4 130
206
After tax
18 747
19 617
16 520
20 444
Living cost
4 643
4 643
4 643
4 643
Free-cash
14 104
14 974
11 877
15 801

Estimated living cost  is €4643 per year

€2878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€128
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.
€1252
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
€11025
€13208
€12381
€9284
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%.

-
-
-
20 650
microenterprise

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

-
-
-
206
total
-
-
-
206
Employee
9 045
-
20 650
-
income
1 809
-
4 130
-
total
1 809
-
4 130
-
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%.

11 605
20 650
-
-
total
-
-
-
-
Dividends
11 605
20 650
-
-
withholding
580
1 033
-
-
total
580
1 033
-
-
Income
20 650
20 650
20 650
20 650
Total tax
2 389
1 033
4 130
206
After tax
18 261
19 617
16 520
20 444
Living cost
7 236
7 236
7 236
7 236
Free-cash
11 025
12 381
9 284
13 208

Estimated living cost  is €7236 per year

€4896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€243
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.
€1793
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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