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
€ 20800
per

Your estimated
City
free-cash

Batumi , Georgia
€15843
€11891
€14121
€15011
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%.

-
-
-
20 800
microenterprise

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

-
-
-
208
total
-
-
-
208
Employee
5 936
-
20 800
-
income
1 187
-
4 160
-
total
1 187
-
4 160
-
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%.

14 864
20 800
-
-
total
-
-
-
-
Dividends
14 864
20 800
-
-
withholding
743
1 040
-
-
total
743
1 040
-
-
Income
20 800
20 800
20 800
20 800
Total tax
1 930
1 040
4 160
208
After tax
18 870
19 760
16 640
20 592
Living cost
4 749
4 749
4 749
4 749
Free-cash
14 121
15 011
11 891
15 843

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.
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
€13192
€9240
€10972
€12360
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%.

-
-
-
20 800
microenterprise

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

-
-
-
208
total
-
-
-
208
Employee
9 250
-
20 800
-
income
1 850
-
4 160
-
total
1 850
-
4 160
-
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%.

11 550
20 800
-
-
total
-
-
-
-
Dividends
11 550
20 800
-
-
withholding
578
1 040
-
-
total
578
1 040
-
-
Income
20 800
20 800
20 800
20 800
Total tax
2 428
1 040
4 160
208
After tax
18 372
19 760
16 640
20 592
Living cost
7 400
7 400
7 400
7 400
Free-cash
10 972
12 360
9 240
13 192

Estimated living cost  is €7400 per year

€5008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€248
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.
€1833
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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