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
€ 32250
per

Your estimated
City
free-cash

Batumi , Georgia
€21299
€26136
€27426
€25293
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%.

-
-
-
32 250
microenterprise

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

-
-
-
323
total
-
-
-
323
Employee
5 626
-
32 250
-
income
1 125
-
6 450
-
total
1 125
-
6 450
-
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%.

26 624
32 250
-
-
total
-
-
-
-
Dividends
26 624
32 250
-
-
withholding
1 331
1 613
-
-
total
1 331
1 613
-
-
Income
32 250
32 250
32 250
32 250
Total tax
2 456
1 613
6 450
323
After tax
29 794
30 637
25 800
31 927
Living cost
4 501
4 501
4 501
4 501
Free-cash
25 293
26 136
21 299
27 426

Estimated living cost  is €4501 per year

€2789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€124
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.
€1214
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
€18786
€23623
€24913
€22308
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%.

-
-
-
32 250
microenterprise

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

-
-
-
323
total
-
-
-
323
Employee
8 768
-
32 250
-
income
1 754
-
6 450
-
total
1 754
-
6 450
-
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%.

23 482
32 250
-
-
total
-
-
-
-
Dividends
23 482
32 250
-
-
withholding
1 174
1 613
-
-
total
1 174
1 613
-
-
Income
32 250
32 250
32 250
32 250
Total tax
2 928
1 613
6 450
323
After tax
29 322
30 637
25 800
31 927
Living cost
7 014
7 014
7 014
7 014
Free-cash
22 308
23 623
18 786
24 913

Estimated living cost  is €7014 per year

€4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€235
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.
€1738
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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