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
€ 37400
per

Your estimated
City
free-cash

Batumi , Georgia
€30422
€31228
€25618
€32724
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%.

-
-
-
37 400
microenterprise

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

-
-
-
374
total
-
-
-
374
Employee
5 377
-
37 400
-
income
1 075
-
7 480
-
total
1 075
-
7 480
-
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%.

32 023
37 400
-
-
total
-
-
-
-
Dividends
32 023
37 400
-
-
withholding
1 601
1 870
-
-
total
1 601
1 870
-
-
Income
37 400
37 400
37 400
37 400
Total tax
2 676
1 870
7 480
374
After tax
34 724
35 530
29 920
37 026
Living cost
4 302
4 302
4 302
4 302
Free-cash
30 422
31 228
25 618
32 724

Estimated living cost  is €4302 per year

€2666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1160
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
€27569
€28826
€23216
€30322
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%.

-
-
-
37 400
microenterprise

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

-
-
-
374
total
-
-
-
374
Employee
8 380
-
37 400
-
income
1 676
-
7 480
-
total
1 676
-
7 480
-
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%.

29 020
37 400
-
-
total
-
-
-
-
Dividends
29 020
37 400
-
-
withholding
1 451
1 870
-
-
total
1 451
1 870
-
-
Income
37 400
37 400
37 400
37 400
Total tax
3 127
1 870
7 480
374
After tax
34 273
35 530
29 920
37 026
Living cost
6 704
6 704
6 704
6 704
Free-cash
27 569
28 826
23 216
30 322

Estimated living cost  is €6704 per year

€4537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1661
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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