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
€ 25050

per

Your estimated

Best value All models

City

free-cash

Tbilisi , Georgia

€16326

€17327

€12568

€14924

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%.

25 050

microenterprise

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

251

total

251

Employee

9 340

25 050

income

1 868

5 010

total

1 868

5 010

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%.

15 710

25 050

total

Dividends

15 710

25 050

withholding

786

1 252

total

786

1 252

Income

25 050

Total tax

2 654

1 252

5 010

251

After tax

22 396

23 798

20 040

24 799

Living cost

7 472

Free-cash

14 924

16 326

12 568

17 327

Estimated living cost is €7472 per year

€5056

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

€314

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

€251

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.

€1851

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.