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
€17252
€16407
€18168
€13817
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
5 629
-
22 900
-
income
1 126
-
4 580
-
total
1 126
-
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%.

17 271
22 900
-
-
total
-
-
-
-
Dividends
17 271
22 900
-
-
withholding
864
1 145
-
-
total
864
1 145
-
-
Income
22 900
22 900
22 900
22 900
Total tax
1 990
1 145
4 580
229
After tax
20 910
21 755
18 320
22 671
Living cost
4 503
4 503
4 503
4 503
Free-cash
16 407
17 252
13 817
18 168

Estimated living cost  is €4503 per year

€2791
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
€14738
€13423
€15654
€11303
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
8 771
-
22 900
-
income
1 754
-
4 580
-
total
1 754
-
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%.

14 129
22 900
-
-
total
-
-
-
-
Dividends
14 129
22 900
-
-
withholding
706
1 145
-
-
total
706
1 145
-
-
Income
22 900
22 900
22 900
22 900
Total tax
2 460
1 145
4 580
229
After tax
20 440
21 755
18 320
22 671
Living cost
7 017
7 017
7 017
7 017
Free-cash
13 423
14 738
11 303
15 654

Estimated living cost  is €7017 per year

€4749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€295
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.
€1739
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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