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
€ 24400
per

Your estimated
City
free-cash

Batumi , Georgia
€15128
€18788
€19764
€17965
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%.

-
-
-
24 400
microenterprise

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

-
-
-
244
total
-
-
-
244
Employee
5 490
-
24 400
-
income
1 098
-
4 880
-
total
1 098
-
4 880
-
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%.

18 910
24 400
-
-
total
-
-
-
-
Dividends
18 910
24 400
-
-
withholding
945
1 220
-
-
total
945
1 220
-
-
Income
24 400
24 400
24 400
24 400
Total tax
2 043
1 220
4 880
244
After tax
22 357
23 180
19 520
24 156
Living cost
4 392
4 392
4 392
4 392
Free-cash
17 965
18 788
15 128
19 764

Estimated living cost  is €4392 per year

€2722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€121
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.
€1184
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
€12676
€16336
€17312
€15053
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%.

-
-
-
24 400
microenterprise

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

-
-
-
244
total
-
-
-
244
Employee
8 555
-
24 400
-
income
1 711
-
4 880
-
total
1 711
-
4 880
-
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%.

15 845
24 400
-
-
total
-
-
-
-
Dividends
15 845
24 400
-
-
withholding
792
1 220
-
-
total
792
1 220
-
-
Income
24 400
24 400
24 400
24 400
Total tax
2 503
1 220
4 880
244
After tax
21 897
23 180
19 520
24 156
Living cost
6 844
6 844
6 844
6 844
Free-cash
15 053
16 336
12 676
17 312

Estimated living cost  is €6844 per year

€4631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€287
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.
€1696
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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