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
€ 21450
per

Your estimated
City
free-cash

Batumi , Georgia
€15209
€16026
€12808
€16883
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%.

-
-
-
21 450
microenterprise

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

-
-
-
215
total
-
-
-
215
Employee
5 440
-
21 450
-
income
1 088
-
4 290
-
total
1 088
-
4 290
-
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%.

16 010
21 450
-
-
total
-
-
-
-
Dividends
16 010
21 450
-
-
withholding
801
1 072
-
-
total
801
1 072
-
-
Income
21 450
21 450
21 450
21 450
Total tax
1 889
1 072
4 290
215
After tax
19 561
20 378
17 160
21 235
Living cost
4 352
4 352
4 352
4 352
Free-cash
15 209
16 026
12 808
16 883

Estimated living cost  is €4352 per year

€2697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€120
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.
€1173
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
€12325
€13597
€10379
€14454
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%.

-
-
-
21 450
microenterprise

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

-
-
-
215
total
-
-
-
215
Employee
8 476
-
21 450
-
income
1 695
-
4 290
-
total
1 695
-
4 290
-
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%.

12 974
21 450
-
-
total
-
-
-
-
Dividends
12 974
21 450
-
-
withholding
649
1 072
-
-
total
649
1 072
-
-
Income
21 450
21 450
21 450
21 450
Total tax
2 344
1 072
4 290
215
After tax
19 106
20 378
17 160
21 235
Living cost
6 781
6 781
6 781
6 781
Free-cash
12 325
13 597
10 379
14 454

Estimated living cost  is €6781 per year

€4589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€227
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.
€1680
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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