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
€ 38150
per

Your estimated
City
free-cash

Batumi , Georgia
€33430
€31904
€31092
€26182
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%.

-
-
-
38 150
microenterprise

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

-
-
-
382
total
-
-
-
382
Employee
5 422
-
38 150
-
income
1 084
-
7 630
-
total
1 084
-
7 630
-
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%.

32 728
38 150
-
-
total
-
-
-
-
Dividends
32 728
38 150
-
-
withholding
1 636
1 908
-
-
total
1 636
1 908
-
-
Income
38 150
38 150
38 150
38 150
Total tax
2 720
1 908
7 630
382
After tax
35 430
36 242
30 520
37 768
Living cost
4 338
4 338
4 338
4 338
Free-cash
31 092
31 904
26 182
33 430

Estimated living cost  is €4338 per year

€2688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€119
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.
€1170
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
€31008
€29482
€28215
€23760
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%.

-
-
-
38 150
microenterprise

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

-
-
-
382
total
-
-
-
382
Employee
8 450
-
38 150
-
income
1 690
-
7 630
-
total
1 690
-
7 630
-
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%.

29 700
38 150
-
-
total
-
-
-
-
Dividends
29 700
38 150
-
-
withholding
1 485
1 908
-
-
total
1 485
1 908
-
-
Income
38 150
38 150
38 150
38 150
Total tax
3 175
1 908
7 630
382
After tax
34 975
36 242
30 520
37 768
Living cost
6 760
6 760
6 760
6 760
Free-cash
28 215
29 482
23 760
31 008

Estimated living cost  is €6760 per year

€4575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€227
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.
€1675
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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