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
€ 35050
per

Your estimated
City
free-cash

Batumi , Georgia
€28502
€29904
€23245
€27603
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%.

-
-
-
35 050
microenterprise

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

-
-
-
351
total
-
-
-
351
Employee
5 994
-
35 050
-
income
1 199
-
7 010
-
total
1 199
-
7 010
-
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%.

29 056
35 050
-
-
total
-
-
-
-
Dividends
29 056
35 050
-
-
withholding
1 453
1 753
-
-
total
1 453
1 753
-
-
Income
35 050
35 050
35 050
35 050
Total tax
2 652
1 753
7 010
351
After tax
32 398
33 297
28 040
34 699
Living cost
4 795
4 795
4 795
4 795
Free-cash
27 603
28 502
23 245
29 904

Estimated living cost  is €4795 per year

€2972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€132
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.
€1293
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
€25825
€27227
€20568
€24424
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%.

-
-
-
35 050
microenterprise

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

-
-
-
351
total
-
-
-
351
Employee
9 340
-
35 050
-
income
1 868
-
7 010
-
total
1 868
-
7 010
-
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%.

25 710
35 050
-
-
total
-
-
-
-
Dividends
25 710
35 050
-
-
withholding
1 286
1 753
-
-
total
1 286
1 753
-
-
Income
35 050
35 050
35 050
35 050
Total tax
3 154
1 753
7 010
351
After tax
31 896
33 297
28 040
34 699
Living cost
7 472
7 472
7 472
7 472
Free-cash
24 424
25 825
20 568
27 227

Estimated living cost  is €7472 per year

€5056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€251
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.
€1851
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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