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
€ 35200
per

Your estimated
City
free-cash

Batumi , Georgia
€28666
€27770
€30074
€23386
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%.

-
-
-
35 200
microenterprise

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

-
-
-
352
total
-
-
-
352
Employee
5 968
-
35 200
-
income
1 194
-
7 040
-
total
1 194
-
7 040
-
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%.

29 232
35 200
-
-
total
-
-
-
-
Dividends
29 232
35 200
-
-
withholding
1 462
1 760
-
-
total
1 462
1 760
-
-
Income
35 200
35 200
35 200
35 200
Total tax
2 656
1 760
7 040
352
After tax
32 544
33 440
28 160
34 848
Living cost
4 774
4 774
4 774
4 774
Free-cash
27 770
28 666
23 386
30 074

Estimated living cost  is €4774 per year

€2958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€131
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.
€1287
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
€26001
€24606
€27409
€20721
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%.

-
-
-
35 200
microenterprise

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

-
-
-
352
total
-
-
-
352
Employee
9 299
-
35 200
-
income
1 860
-
7 040
-
total
1 860
-
7 040
-
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%.

25 901
35 200
-
-
total
-
-
-
-
Dividends
25 901
35 200
-
-
withholding
1 295
1 760
-
-
total
1 295
1 760
-
-
Income
35 200
35 200
35 200
35 200
Total tax
3 155
1 760
7 040
352
After tax
32 045
33 440
28 160
34 848
Living cost
7 439
7 439
7 439
7 439
Free-cash
24 606
26 001
20 721
27 409

Estimated living cost  is €7439 per year

€5034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€249
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.
€1843
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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