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
€ 21850
per

Your estimated
City
free-cash

Batumi , Georgia
€13084
€16362
€17236
€15537
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%.

-
-
-
21 850
microenterprise

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

-
-
-
218
total
-
-
-
218
Employee
5 495
-
21 850
-
income
1 099
-
4 370
-
total
1 099
-
4 370
-
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%.

16 355
21 850
-
-
total
-
-
-
-
Dividends
16 355
21 850
-
-
withholding
818
1 092
-
-
total
818
1 092
-
-
Income
21 850
21 850
21 850
21 850
Total tax
1 917
1 092
4 370
218
After tax
19 933
20 758
17 480
21 632
Living cost
4 396
4 396
4 396
4 396
Free-cash
15 537
16 362
13 084
17 236

Estimated living cost  is €4396 per year

€2725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€121
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.
€1186
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
€10629
€13907
€14781
€12622
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%.

-
-
-
21 850
microenterprise

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

-
-
-
218
total
-
-
-
218
Employee
8 564
-
21 850
-
income
1 713
-
4 370
-
total
1 713
-
4 370
-
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%.

13 286
21 850
-
-
total
-
-
-
-
Dividends
13 286
21 850
-
-
withholding
664
1 092
-
-
total
664
1 092
-
-
Income
21 850
21 850
21 850
21 850
Total tax
2 377
1 092
4 370
218
After tax
19 473
20 758
17 480
21 632
Living cost
6 851
6 851
6 851
6 851
Free-cash
12 622
13 907
10 629
14 781

Estimated living cost  is €6851 per year

€4636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€230
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.
€1697
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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