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
€ 23950
per

Your estimated
City
free-cash

Batumi , Georgia
€19399
€18442
€17633
€14849
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%.

-
-
-
23 950
microenterprise

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

-
-
-
240
total
-
-
-
240
Employee
5 389
-
23 950
-
income
1 078
-
4 790
-
total
1 078
-
4 790
-
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%.

18 561
23 950
-
-
total
-
-
-
-
Dividends
18 561
23 950
-
-
withholding
928
1 197
-
-
total
928
1 197
-
-
Income
23 950
23 950
23 950
23 950
Total tax
2 006
1 197
4 790
240
After tax
21 944
22 753
19 160
23 710
Living cost
4 311
4 311
4 311
4 311
Free-cash
17 633
18 442
14 849
19 399

Estimated living cost  is €4311 per year

€2672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€358
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.
€1162
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
€16992
€16035
€14774
€12442
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%.

-
-
-
23 950
microenterprise

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

-
-
-
240
total
-
-
-
240
Employee
8 398
-
23 950
-
income
1 680
-
4 790
-
total
1 680
-
4 790
-
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%.

15 552
23 950
-
-
total
-
-
-
-
Dividends
15 552
23 950
-
-
withholding
778
1 197
-
-
total
778
1 197
-
-
Income
23 950
23 950
23 950
23 950
Total tax
2 458
1 197
4 790
240
After tax
21 492
22 753
19 160
23 710
Living cost
6 718
6 718
6 718
6 718
Free-cash
14 774
16 035
12 442
16 992

Estimated living cost  is €6718 per year

€4546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1664
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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