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
€ 28900
per

Your estimated
City
free-cash

Batumi , Georgia
€22714
€21825
€23870
€18379
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%.

-
-
-
28 900
microenterprise

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

-
-
-
289
total
-
-
-
289
Employee
5 926
-
28 900
-
income
1 185
-
5 780
-
total
1 185
-
5 780
-
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%.

22 974
28 900
-
-
total
-
-
-
-
Dividends
22 974
28 900
-
-
withholding
1 149
1 445
-
-
total
1 149
1 445
-
-
Income
28 900
28 900
28 900
28 900
Total tax
2 334
1 445
5 780
289
After tax
26 566
27 455
23 120
28 611
Living cost
4 741
4 741
4 741
4 741
Free-cash
21 825
22 714
18 379
23 870

Estimated living cost  is €4741 per year

€2938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€130
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.
€1278
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
€20067
€18682
€21223
€15732
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%.

-
-
-
28 900
microenterprise

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

-
-
-
289
total
-
-
-
289
Employee
9 235
-
28 900
-
income
1 847
-
5 780
-
total
1 847
-
5 780
-
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%.

19 665
28 900
-
-
total
-
-
-
-
Dividends
19 665
28 900
-
-
withholding
983
1 445
-
-
total
983
1 445
-
-
Income
28 900
28 900
28 900
28 900
Total tax
2 830
1 445
5 780
289
After tax
26 070
27 455
23 120
28 611
Living cost
7 388
7 388
7 388
7 388
Free-cash
18 682
20 067
15 732
21 223

Estimated living cost  is €7388 per year

€4999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€248
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.
€1830
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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