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
€ 21350
per

Your estimated
City
free-cash

Batumi , Georgia
€15351
€12149
€16206
€14427
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%.

-
-
-
21 350
microenterprise

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

-
-
-
213
total
-
-
-
213
Employee
6 164
-
21 350
-
income
1 233
-
4 270
-
total
1 233
-
4 270
-
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%.

15 186
21 350
-
-
total
-
-
-
-
Dividends
15 186
21 350
-
-
withholding
759
1 068
-
-
total
759
1 068
-
-
Income
21 350
21 350
21 350
21 350
Total tax
1 992
1 068
4 270
213
After tax
19 358
20 282
17 080
21 137
Living cost
4 931
4 931
4 931
4 931
Free-cash
14 427
15 351
12 149
16 206

Estimated living cost  is €4931 per year

€3056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€136
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.
€1330
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
€12598
€9396
€13453
€11158
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%.

-
-
-
21 350
microenterprise

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

-
-
-
213
total
-
-
-
213
Employee
9 605
-
21 350
-
income
1 921
-
4 270
-
total
1 921
-
4 270
-
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%.

11 745
21 350
-
-
total
-
-
-
-
Dividends
11 745
21 350
-
-
withholding
587
1 068
-
-
total
587
1 068
-
-
Income
21 350
21 350
21 350
21 350
Total tax
2 508
1 068
4 270
213
After tax
18 842
20 282
17 080
21 137
Living cost
7 684
7 684
7 684
7 684
Free-cash
11 158
12 598
9 396
13 453

Estimated living cost  is €7684 per year

€5200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€258
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.
€1904
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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