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
€ 23650
per

Your estimated
City
free-cash

Batumi , Georgia
€19039
€18093
€17273
€14546
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%.

-
-
-
23 650
microenterprise

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

-
-
-
237
total
-
-
-
237
Employee
5 468
-
23 650
-
income
1 094
-
4 730
-
total
1 094
-
4 730
-
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%.

18 182
23 650
-
-
total
-
-
-
-
Dividends
18 182
23 650
-
-
withholding
909
1 183
-
-
total
909
1 183
-
-
Income
23 650
23 650
23 650
23 650
Total tax
2 003
1 183
4 730
237
After tax
21 647
22 467
18 920
23 413
Living cost
4 374
4 374
4 374
4 374
Free-cash
17 273
18 093
14 546
19 039

Estimated living cost  is €4374 per year

€2711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€120
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.
€1179
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
€16597
€15651
€14374
€12104
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%.

-
-
-
23 650
microenterprise

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

-
-
-
237
total
-
-
-
237
Employee
8 520
-
23 650
-
income
1 704
-
4 730
-
total
1 704
-
4 730
-
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%.

15 130
23 650
-
-
total
-
-
-
-
Dividends
15 130
23 650
-
-
withholding
756
1 183
-
-
total
756
1 183
-
-
Income
23 650
23 650
23 650
23 650
Total tax
2 460
1 183
4 730
237
After tax
21 190
22 467
18 920
23 413
Living cost
6 816
6 816
6 816
6 816
Free-cash
14 374
15 651
12 104
16 597

Estimated living cost  is €6816 per year

€4612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€229
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.
€1689
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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