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
€ 24950
per

Your estimated
City
free-cash

Batumi , Georgia
€19968
€15227
€18082
€18970
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%.

-
-
-
24 950
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
5 916
-
24 950
-
income
1 183
-
4 990
-
total
1 183
-
4 990
-
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%.

19 034
24 950
-
-
total
-
-
-
-
Dividends
19 034
24 950
-
-
withholding
952
1 247
-
-
total
952
1 247
-
-
Income
24 950
24 950
24 950
24 950
Total tax
2 135
1 247
4 990
249
After tax
22 815
23 703
19 960
24 701
Living cost
4 733
4 733
4 733
4 733
Free-cash
18 082
18 970
15 227
19 968

Estimated living cost  is €4733 per year

€2933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€130
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.
€1276
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.
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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

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