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
€ 39550
per

Your estimated
City
free-cash

Batumi , Georgia
€32423
€27303
€33235
€34817
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%.

-
-
-
39 550
microenterprise

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

-
-
-
396
total
-
-
-
396
Employee
5 421
-
39 550
-
income
1 084
-
7 910
-
total
1 084
-
7 910
-
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%.

34 129
39 550
-
-
total
-
-
-
-
Dividends
34 129
39 550
-
-
withholding
1 706
1 978
-
-
total
1 706
1 978
-
-
Income
39 550
39 550
39 550
39 550
Total tax
2 790
1 978
7 910
396
After tax
36 760
37 572
31 640
39 154
Living cost
4 337
4 337
4 337
4 337
Free-cash
32 423
33 235
27 303
34 817

Estimated living cost  is €4337 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
€29546
€24881
€30813
€32395
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%.

-
-
-
39 550
microenterprise

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

-
-
-
396
total
-
-
-
396
Employee
8 449
-
39 550
-
income
1 690
-
7 910
-
total
1 690
-
7 910
-
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%.

31 101
39 550
-
-
total
-
-
-
-
Dividends
31 101
39 550
-
-
withholding
1 555
1 978
-
-
total
1 555
1 978
-
-
Income
39 550
39 550
39 550
39 550
Total tax
3 245
1 978
7 910
396
After tax
36 305
37 572
31 640
39 154
Living cost
6 759
6 759
6 759
6 759
Free-cash
29 546
30 813
24 881
32 395

Estimated living cost  is €6759 per year

€4574
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.
€1674
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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