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
€ 39450
per

Your estimated
City
free-cash

Batumi , Georgia
€32391
€33194
€27277
€34773
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%.

-
-
-
39 450
microenterprise

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

-
-
-
394
total
-
-
-
394
Employee
5 354
-
39 450
-
income
1 071
-
7 890
-
total
1 071
-
7 890
-
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%.

34 096
39 450
-
-
total
-
-
-
-
Dividends
34 096
39 450
-
-
withholding
1 705
1 973
-
-
total
1 705
1 973
-
-
Income
39 450
39 450
39 450
39 450
Total tax
2 776
1 973
7 890
394
After tax
36 674
37 477
31 560
39 056
Living cost
4 283
4 283
4 283
4 283
Free-cash
32 391
33 194
27 277
34 773

Estimated living cost  is €4283 per year

€2654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€356
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.
€1155
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
€29551
€30802
€24885
€32381
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%.

-
-
-
39 450
microenterprise

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

-
-
-
394
total
-
-
-
394
Employee
8 344
-
39 450
-
income
1 669
-
7 890
-
total
1 669
-
7 890
-
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%.

31 106
39 450
-
-
total
-
-
-
-
Dividends
31 106
39 450
-
-
withholding
1 555
1 973
-
-
total
1 555
1 973
-
-
Income
39 450
39 450
39 450
39 450
Total tax
3 224
1 973
7 890
394
After tax
36 226
37 477
31 560
39 056
Living cost
6 675
6 675
6 675
6 675
Free-cash
29 551
30 802
24 885
32 381

Estimated living cost  is €6675 per year

€4517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€224
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.
€1654
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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Additional information

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