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
€ 25200
per

Your estimated
City
free-cash

Batumi , Georgia
€20193
€16413
€21201
€19490
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%.

-
-
-
25 200
microenterprise

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

-
-
-
252
total
-
-
-
252
Employee
4 684
-
25 200
-
income
937
-
5 040
-
total
937
-
5 040
-
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%.

20 516
25 200
-
-
total
-
-
-
-
Dividends
20 516
25 200
-
-
withholding
1 026
1 260
-
-
total
1 026
1 260
-
-
Income
25 200
25 200
25 200
25 200
Total tax
1 963
1 260
5 040
252
After tax
23 237
23 940
20 160
24 948
Living cost
3 747
3 747
3 747
3 747
Free-cash
19 490
20 193
16 413
21 201

Estimated living cost  is €3747 per year

€2322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€103
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.
€1010
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
€18101
€14321
€19109
€17006
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%.

-
-
-
25 200
microenterprise

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

-
-
-
252
total
-
-
-
252
Employee
7 299
-
25 200
-
income
1 460
-
5 040
-
total
1 460
-
5 040
-
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%.

17 901
25 200
-
-
total
-
-
-
-
Dividends
17 901
25 200
-
-
withholding
895
1 260
-
-
total
895
1 260
-
-
Income
25 200
25 200
25 200
25 200
Total tax
2 355
1 260
5 040
252
After tax
22 845
23 940
20 160
24 948
Living cost
5 839
5 839
5 839
5 839
Free-cash
17 006
18 101
14 321
19 109

Estimated living cost  is €5839 per year

€3951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€196
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.
€1447
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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