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
€ 22900
per

Your estimated
City
free-cash

Batumi , Georgia
€18380
€16659
€14029
€17464
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%.

-
-
-
22 900
microenterprise

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

-
-
-
229
total
-
-
-
229
Employee
5 364
-
22 900
-
income
1 073
-
4 580
-
total
1 073
-
4 580
-
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%.

17 536
22 900
-
-
total
-
-
-
-
Dividends
17 536
22 900
-
-
withholding
877
1 145
-
-
total
877
1 145
-
-
Income
22 900
22 900
22 900
22 900
Total tax
1 950
1 145
4 580
229
After tax
20 950
21 755
18 320
22 671
Living cost
4 291
4 291
4 291
4 291
Free-cash
16 659
17 464
14 029
18 380

Estimated living cost  is €4291 per year

€2659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1157
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
€15985
€13816
€11634
€15069
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%.

-
-
-
22 900
microenterprise

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

-
-
-
229
total
-
-
-
229
Employee
8 357
-
22 900
-
income
1 671
-
4 580
-
total
1 671
-
4 580
-
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%.

14 543
22 900
-
-
total
-
-
-
-
Dividends
14 543
22 900
-
-
withholding
727
1 145
-
-
total
727
1 145
-
-
Income
22 900
22 900
22 900
22 900
Total tax
2 398
1 145
4 580
229
After tax
20 502
21 755
18 320
22 671
Living cost
6 686
6 686
6 686
6 686
Free-cash
13 816
15 069
11 634
15 985

Estimated living cost  is €6686 per year

€4525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€224
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.
€1657
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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