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
€ 31750
per

Your estimated
City
free-cash

Batumi , Georgia
€25897
€21135
€27167
€25098
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%.

-
-
-
31 750
microenterprise

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

-
-
-
318
total
-
-
-
318
Employee
5 331
-
31 750
-
income
1 066
-
6 350
-
total
1 066
-
6 350
-
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%.

26 419
31 750
-
-
total
-
-
-
-
Dividends
26 419
31 750
-
-
withholding
1 321
1 588
-
-
total
1 321
1 588
-
-
Income
31 750
31 750
31 750
31 750
Total tax
2 387
1 588
6 350
318
After tax
29 363
30 162
25 400
31 432
Living cost
4 265
4 265
4 265
4 265
Free-cash
25 098
25 897
21 135
27 167

Estimated living cost  is €4265 per year

€2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€117
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.
€1150
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
€23516
€18754
€24786
€22270
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%.

-
-
-
31 750
microenterprise

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

-
-
-
318
total
-
-
-
318
Employee
8 308
-
31 750
-
income
1 662
-
6 350
-
total
1 662
-
6 350
-
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%.

23 442
31 750
-
-
total
-
-
-
-
Dividends
23 442
31 750
-
-
withholding
1 172
1 588
-
-
total
1 172
1 588
-
-
Income
31 750
31 750
31 750
31 750
Total tax
2 834
1 588
6 350
318
After tax
28 916
30 162
25 400
31 432
Living cost
6 646
6 646
6 646
6 646
Free-cash
22 270
23 516
18 754
24 786

Estimated living cost  is €6646 per year

€4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
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.
€1646
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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