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
€ 23400
per

Your estimated
City
free-cash

Batumi , Georgia
€17420
€16518
€18356
€13910
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%.

-
-
-
23 400
microenterprise

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

-
-
-
234
total
-
-
-
234
Employee
6 013
-
23 400
-
income
1 203
-
4 680
-
total
1 203
-
4 680
-
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%.

17 387
23 400
-
-
total
-
-
-
-
Dividends
17 387
23 400
-
-
withholding
869
1 170
-
-
total
869
1 170
-
-
Income
23 400
23 400
23 400
23 400
Total tax
2 072
1 170
4 680
234
After tax
21 328
22 230
18 720
23 166
Living cost
4 810
4 810
4 810
4 810
Free-cash
16 518
17 420
13 910
18 356

Estimated living cost  is €4810 per year

€2981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€132
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.
€1297
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
€14735
€13329
€15671
€11225
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%.

-
-
-
23 400
microenterprise

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

-
-
-
234
total
-
-
-
234
Employee
9 369
-
23 400
-
income
1 874
-
4 680
-
total
1 874
-
4 680
-
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%.

14 031
23 400
-
-
total
-
-
-
-
Dividends
14 031
23 400
-
-
withholding
702
1 170
-
-
total
702
1 170
-
-
Income
23 400
23 400
23 400
23 400
Total tax
2 576
1 170
4 680
234
After tax
20 824
22 230
18 720
23 166
Living cost
7 495
7 495
7 495
7 495
Free-cash
13 329
14 735
11 225
15 671

Estimated living cost  is €7495 per year

€5072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€251
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.
€1857
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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