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
€12658
€15876
€16734
€15032
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.

-
-
-
214
total
-
-
-
214
Employee
5 627
-
21 450
-
income
1 125
-
4 290
-
total
1 125
-
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%.

15 823
21 450
-
-
total
-
-
-
-
Dividends
15 823
21 450
-
-
withholding
791
1 072
-
-
total
791
1 072
-
-
Income
21 450
21 450
21 450
21 450
Total tax
1 916
1 072
4 290
214
After tax
19 534
20 378
17 160
21 236
Living cost
4 502
4 502
4 502
4 502
Free-cash
15 032
15 876
12 658
16 734

Estimated living cost  is €4502 per year

€2790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€124
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.
€1214
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
€10144
€13362
€14220
€12046
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.

-
-
-
214
total
-
-
-
214
Employee
8 770
-
21 450
-
income
1 754
-
4 290
-
total
1 754
-
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%.

12 680
21 450
-
-
total
-
-
-
-
Dividends
12 680
21 450
-
-
withholding
634
1 072
-
-
total
634
1 072
-
-
Income
21 450
21 450
21 450
21 450
Total tax
2 388
1 072
4 290
214
After tax
19 062
20 378
17 160
21 236
Living cost
7 016
7 016
7 016
7 016
Free-cash
12 046
13 362
10 144
14 220

Estimated living cost  is €7016 per year

€4748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€235
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.
€1738
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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