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
€ 28300
per

Your estimated
City
free-cash

Batumi , Georgia
€23697
€21755
€18320
€22565
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%.

-
-
-
28 300
microenterprise

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

-
-
-
283
total
-
-
-
283
Employee
5 400
-
28 300
-
income
1 080
-
5 660
-
total
1 080
-
5 660
-
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%.

22 900
28 300
-
-
total
-
-
-
-
Dividends
22 900
28 300
-
-
withholding
1 145
1 415
-
-
total
1 145
1 415
-
-
Income
28 300
28 300
28 300
28 300
Total tax
2 225
1 415
5 660
283
After tax
26 075
26 885
22 640
28 017
Living cost
4 320
4 320
4 320
4 320
Free-cash
21 755
22 565
18 320
23 697

Estimated living cost  is €4320 per year

€2677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€359
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.
€1165
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
€21285
€18891
€15908
€20153
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%.

-
-
-
28 300
microenterprise

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

-
-
-
283
total
-
-
-
283
Employee
8 415
-
28 300
-
income
1 683
-
5 660
-
total
1 683
-
5 660
-
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%.

19 885
28 300
-
-
total
-
-
-
-
Dividends
19 885
28 300
-
-
withholding
994
1 415
-
-
total
994
1 415
-
-
Income
28 300
28 300
28 300
28 300
Total tax
2 677
1 415
5 660
283
After tax
25 623
26 885
22 640
28 017
Living cost
6 732
6 732
6 732
6 732
Free-cash
18 891
20 153
15 908
21 285

Estimated living cost  is €6732 per year

€4555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€226
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.
€1668
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.

[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source