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
€ 21600
per

Your estimated
City
free-cash

Batumi , Georgia
€16255
€13015
€17119
€15456
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%.

-
-
-
21 600
microenterprise

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

-
-
-
216
total
-
-
-
216
Employee
5 331
-
21 600
-
income
1 066
-
4 320
-
total
1 066
-
4 320
-
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%.

16 269
21 600
-
-
total
-
-
-
-
Dividends
16 269
21 600
-
-
withholding
813
1 080
-
-
total
813
1 080
-
-
Income
21 600
21 600
21 600
21 600
Total tax
1 879
1 080
4 320
216
After tax
19 721
20 520
17 280
21 384
Living cost
4 265
4 265
4 265
4 265
Free-cash
15 456
16 255
13 015
17 119

Estimated living cost  is €4265 per year

€2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€117
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.
€1150
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
€13874
€10634
€14738
€12628
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%.

-
-
-
21 600
microenterprise

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

-
-
-
216
total
-
-
-
216
Employee
8 308
-
21 600
-
income
1 662
-
4 320
-
total
1 662
-
4 320
-
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%.

13 292
21 600
-
-
total
-
-
-
-
Dividends
13 292
21 600
-
-
withholding
664
1 080
-
-
total
664
1 080
-
-
Income
21 600
21 600
21 600
21 600
Total tax
2 326
1 080
4 320
216
After tax
19 274
20 520
17 280
21 384
Living cost
6 646
6 646
6 646
6 646
Free-cash
12 628
13 874
10 634
14 738

Estimated living cost  is €6646 per year

€4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
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.
€1646
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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