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
€ 20850
per

Your estimated
City
free-cash

Batumi , Georgia
€15902
€11940
€14179
€15068
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%.

-
-
-
20 850
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
5 925
-
20 850
-
income
1 185
-
4 170
-
total
1 185
-
4 170
-
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%.

14 925
20 850
-
-
total
-
-
-
-
Dividends
14 925
20 850
-
-
withholding
746
1 042
-
-
total
746
1 042
-
-
Income
20 850
20 850
20 850
20 850
Total tax
1 931
1 042
4 170
208
After tax
18 919
19 808
16 680
20 642
Living cost
4 740
4 740
4 740
4 740
Free-cash
14 179
15 068
11 940
15 902

Estimated living cost  is €4740 per year

€2938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€130
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.
€1278
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
€13255
€9293
€11035
€12421
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%.

-
-
-
20 850
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
9 234
-
20 850
-
income
1 847
-
4 170
-
total
1 847
-
4 170
-
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%.

11 616
20 850
-
-
total
-
-
-
-
Dividends
11 616
20 850
-
-
withholding
581
1 042
-
-
total
581
1 042
-
-
Income
20 850
20 850
20 850
20 850
Total tax
2 428
1 042
4 170
208
After tax
18 422
19 808
16 680
20 642
Living cost
7 387
7 387
7 387
7 387
Free-cash
11 035
12 421
9 293
13 255

Estimated living cost  is €7387 per year

€4999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€310
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.
€1830
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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