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
€ 24900
per

Your estimated
City
free-cash

Batumi , Georgia
€18498
€15577
€19312
€20308
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%.

-
-
-
24 900
microenterprise

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

-
-
-
249
total
-
-
-
249
Employee
5 429
-
24 900
-
income
1 086
-
4 980
-
total
1 086
-
4 980
-
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%.

19 471
24 900
-
-
total
-
-
-
-
Dividends
19 471
24 900
-
-
withholding
973
1 245
-
-
total
973
1 245
-
-
Income
24 900
24 900
24 900
24 900
Total tax
2 059
1 245
4 980
249
After tax
22 841
23 655
19 920
24 651
Living cost
4 343
4 343
4 343
4 343
Free-cash
18 498
19 312
15 577
20 308

Estimated living cost  is €4343 per year

€2691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€119
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.
€1171
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
€15619
€13153
€16888
€17884
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%.

-
-
-
24 900
microenterprise

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

-
-
-
249
total
-
-
-
249
Employee
8 459
-
24 900
-
income
1 692
-
4 980
-
total
1 692
-
4 980
-
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%.

16 441
24 900
-
-
total
-
-
-
-
Dividends
16 441
24 900
-
-
withholding
822
1 245
-
-
total
822
1 245
-
-
Income
24 900
24 900
24 900
24 900
Total tax
2 514
1 245
4 980
249
After tax
22 386
23 655
19 920
24 651
Living cost
6 767
6 767
6 767
6 767
Free-cash
15 619
16 888
13 153
17 884

Estimated living cost  is €6767 per year

€4579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€227
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.
€1677
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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