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
€ 21500
per

Your estimated
City
free-cash

Batumi , Georgia
€15301
€12885
€16110
€16970
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%.

-
-
-
21 500
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
5 394
-
21 500
-
income
1 079
-
4 300
-
total
1 079
-
4 300
-
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%.

16 106
21 500
-
-
total
-
-
-
-
Dividends
16 106
21 500
-
-
withholding
805
1 075
-
-
total
805
1 075
-
-
Income
21 500
21 500
21 500
21 500
Total tax
1 884
1 075
4 300
215
After tax
19 616
20 425
17 200
21 285
Living cost
4 315
4 315
4 315
4 315
Free-cash
15 301
16 110
12 885
16 970

Estimated living cost  is €4315 per year

€2674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€119
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.
€1164
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
€12440
€10476
€13701
€14561
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%.

-
-
-
21 500
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
8 405
-
21 500
-
income
1 681
-
4 300
-
total
1 681
-
4 300
-
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%.

13 095
21 500
-
-
total
-
-
-
-
Dividends
13 095
21 500
-
-
withholding
655
1 075
-
-
total
655
1 075
-
-
Income
21 500
21 500
21 500
21 500
Total tax
2 336
1 075
4 300
215
After tax
19 164
20 425
17 200
21 285
Living cost
6 724
6 724
6 724
6 724
Free-cash
12 440
13 701
10 476
14 561

Estimated living cost  is €6724 per year

€4550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1666
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.

[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source