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
€ 34950
per

Your estimated
City
free-cash

Batumi , Georgia
€27651
€23285
€29926
€28528
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%.

-
-
-
34 950
microenterprise

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

-
-
-
349
total
-
-
-
349
Employee
5 844
-
34 950
-
income
1 169
-
6 990
-
total
1 169
-
6 990
-
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%.

29 106
34 950
-
-
total
-
-
-
-
Dividends
29 106
34 950
-
-
withholding
1 455
1 747
-
-
total
1 455
1 747
-
-
Income
34 950
34 950
34 950
34 950
Total tax
2 624
1 747
6 990
349
After tax
32 326
33 203
27 960
34 601
Living cost
4 675
4 675
4 675
4 675
Free-cash
27 651
28 528
23 285
29 926

Estimated living cost  is €4675 per year

€2897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€128
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.
€1261
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
€24552
€20675
€27316
€25918
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%.

-
-
-
34 950
microenterprise

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

-
-
-
349
total
-
-
-
349
Employee
9 106
-
34 950
-
income
1 821
-
6 990
-
total
1 821
-
6 990
-
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%.

25 844
34 950
-
-
total
-
-
-
-
Dividends
25 844
34 950
-
-
withholding
1 292
1 747
-
-
total
1 292
1 747
-
-
Income
34 950
34 950
34 950
34 950
Total tax
3 113
1 747
6 990
349
After tax
31 837
33 203
27 960
34 601
Living cost
7 285
7 285
7 285
7 285
Free-cash
24 552
25 918
20 675
27 316

Estimated living cost  is €7285 per year

€4930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€244
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.
€1805
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.

[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source