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
€ 28500
per

Your estimated
City
free-cash

Batumi , Georgia
€18230
€22505
€23645
€21649
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%.

-
-
-
28 500
microenterprise

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

-
-
-
285
total
-
-
-
285
Employee
5 712
-
28 500
-
income
1 142
-
5 700
-
total
1 142
-
5 700
-
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%.

22 788
28 500
-
-
total
-
-
-
-
Dividends
22 788
28 500
-
-
withholding
1 139
1 425
-
-
total
1 139
1 425
-
-
Income
28 500
28 500
28 500
28 500
Total tax
2 281
1 425
5 700
285
After tax
26 219
27 075
22 800
28 215
Living cost
4 570
4 570
4 570
4 570
Free-cash
21 649
22 505
18 230
23 645

Estimated living cost  is €4570 per year

€2832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€126
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.
€1232
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
€15678
€19953
€21093
€18617
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%.

-
-
-
28 500
microenterprise

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

-
-
-
285
total
-
-
-
285
Employee
8 903
-
28 500
-
income
1 781
-
5 700
-
total
1 781
-
5 700
-
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%.

19 597
28 500
-
-
total
-
-
-
-
Dividends
19 597
28 500
-
-
withholding
980
1 425
-
-
total
980
1 425
-
-
Income
28 500
28 500
28 500
28 500
Total tax
2 761
1 425
5 700
285
After tax
25 739
27 075
22 800
28 215
Living cost
7 122
7 122
7 122
7 122
Free-cash
18 617
19 953
15 678
21 093

Estimated living cost  is €7122 per year

€4819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€239
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.
€1764
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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