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
€ 31100
per

Your estimated
City
free-cash

Batumi , Georgia
€26483
€25239
€24432
€20574
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%.

-
-
-
31 100
microenterprise

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

-
-
-
311
total
-
-
-
311
Employee
5 382
-
31 100
-
income
1 076
-
6 220
-
total
1 076
-
6 220
-
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%.

25 718
31 100
-
-
total
-
-
-
-
Dividends
25 718
31 100
-
-
withholding
1 286
1 555
-
-
total
1 286
1 555
-
-
Income
31 100
31 100
31 100
31 100
Total tax
2 362
1 555
6 220
311
After tax
28 738
29 545
24 880
30 789
Living cost
4 306
4 306
4 306
4 306
Free-cash
24 432
25 239
20 574
26 483

Estimated living cost  is €4306 per year

€2668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1161
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
€24079
€22835
€21577
€18170
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%.

-
-
-
31 100
microenterprise

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

-
-
-
311
total
-
-
-
311
Employee
8 388
-
31 100
-
income
1 678
-
6 220
-
total
1 678
-
6 220
-
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%.

22 712
31 100
-
-
total
-
-
-
-
Dividends
22 712
31 100
-
-
withholding
1 135
1 555
-
-
total
1 135
1 555
-
-
Income
31 100
31 100
31 100
31 100
Total tax
2 813
1 555
6 220
311
After tax
28 287
29 545
24 880
30 789
Living cost
6 710
6 710
6 710
6 710
Free-cash
21 577
22 835
18 170
24 079

Estimated living cost  is €6710 per year

€4541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1662
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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