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
€14407
€17954
€18900
€17108
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
5 641
-
23 650
-
income
1 128
-
4 730
-
total
1 128
-
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%.

18 009
23 650
-
-
total
-
-
-
-
Dividends
18 009
23 650
-
-
withholding
901
1 183
-
-
total
901
1 183
-
-
Income
23 650
23 650
23 650
23 650
Total tax
2 029
1 183
4 730
237
After tax
21 621
22 467
18 920
23 413
Living cost
4 513
4 513
4 513
4 513
Free-cash
17 108
17 954
14 407
18 900

Estimated living cost  is €4513 per year

€2797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€375
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.
€1217
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
€11887
€15434
€16380
€14116
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
8 791
-
23 650
-
income
1 758
-
4 730
-
total
1 758
-
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%.

14 859
23 650
-
-
total
-
-
-
-
Dividends
14 859
23 650
-
-
withholding
743
1 183
-
-
total
743
1 183
-
-
Income
23 650
23 650
23 650
23 650
Total tax
2 501
1 183
4 730
237
After tax
21 149
22 467
18 920
23 413
Living cost
7 033
7 033
7 033
7 033
Free-cash
14 116
15 434
11 887
16 380

Estimated living cost  is €7033 per year

€4759
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.
€236
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.
€1742
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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