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
€ 24200
per

Your estimated
City
free-cash

Batumi , Georgia
€14850
€18480
€19448
€17635
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%.

-
-
-
24 200
microenterprise

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

-
-
-
242
total
-
-
-
242
Employee
5 637
-
24 200
-
income
1 127
-
4 840
-
total
1 127
-
4 840
-
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%.

18 563
24 200
-
-
total
-
-
-
-
Dividends
18 563
24 200
-
-
withholding
928
1 210
-
-
total
928
1 210
-
-
Income
24 200
24 200
24 200
24 200
Total tax
2 055
1 210
4 840
242
After tax
22 145
22 990
19 360
23 958
Living cost
4 510
4 510
4 510
4 510
Free-cash
17 635
18 480
14 850
19 448

Estimated living cost  is €4510 per year

€2795
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.
€1216
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
€12332
€15962
€16930
€14644
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%.

-
-
-
24 200
microenterprise

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

-
-
-
242
total
-
-
-
242
Employee
8 785
-
24 200
-
income
1 757
-
4 840
-
total
1 757
-
4 840
-
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%.

15 415
24 200
-
-
total
-
-
-
-
Dividends
15 415
24 200
-
-
withholding
771
1 210
-
-
total
771
1 210
-
-
Income
24 200
24 200
24 200
24 200
Total tax
2 528
1 210
4 840
242
After tax
21 672
22 990
19 360
23 958
Living cost
7 028
7 028
7 028
7 028
Free-cash
14 644
15 962
12 332
16 930

Estimated living cost  is €7028 per year

€4756
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.
€1741
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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