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
€ 23450
per

Your estimated
City
free-cash

Batumi , Georgia
€17190
€17993
€14476
€18931
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%.

-
-
-
23 450
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
5 355
-
23 450
-
income
1 071
-
4 690
-
total
1 071
-
4 690
-
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%.

18 095
23 450
-
-
total
-
-
-
-
Dividends
18 095
23 450
-
-
withholding
905
1 173
-
-
total
905
1 173
-
-
Income
23 450
23 450
23 450
23 450
Total tax
1 976
1 173
4 690
235
After tax
21 474
22 277
18 760
23 215
Living cost
4 284
4 284
4 284
4 284
Free-cash
17 190
17 993
14 476
18 931

Estimated living cost  is €4284 per year

€2655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€356
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.
€1155
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
€14350
€15601
€12084
€16539
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%.

-
-
-
23 450
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
8 345
-
23 450
-
income
1 669
-
4 690
-
total
1 669
-
4 690
-
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%.

15 105
23 450
-
-
total
-
-
-
-
Dividends
15 105
23 450
-
-
withholding
755
1 173
-
-
total
755
1 173
-
-
Income
23 450
23 450
23 450
23 450
Total tax
2 424
1 173
4 690
235
After tax
21 026
22 277
18 760
23 215
Living cost
6 676
6 676
6 676
6 676
Free-cash
14 350
15 601
12 084
16 539

Estimated living cost  is €6676 per year

€4518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€280
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.
€1654
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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