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
€22335
€21482
€23467
€18090
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
5 687
-
28 300
-
income
1 137
-
5 660
-
total
1 137
-
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%.

22 613
28 300
-
-
total
-
-
-
-
Dividends
22 613
28 300
-
-
withholding
1 131
1 415
-
-
total
1 131
1 415
-
-
Income
28 300
28 300
28 300
28 300
Total tax
2 268
1 415
5 660
283
After tax
26 032
26 885
22 640
28 017
Living cost
4 550
4 550
4 550
4 550
Free-cash
21 482
22 335
18 090
23 467

Estimated living cost  is €4550 per year

€2820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€125
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.
€1227
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
€19795
€18466
€20927
€15550
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
8 862
-
28 300
-
income
1 772
-
5 660
-
total
1 772
-
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%.

19 438
28 300
-
-
total
-
-
-
-
Dividends
19 438
28 300
-
-
withholding
972
1 415
-
-
total
972
1 415
-
-
Income
28 300
28 300
28 300
28 300
Total tax
2 744
1 415
5 660
283
After tax
25 556
26 885
22 640
28 017
Living cost
7 090
7 090
7 090
7 090
Free-cash
18 466
19 795
15 550
20 927

Estimated living cost  is €7090 per year

€4798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€238
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.
€1757
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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