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
€ 42500
per

Your estimated
City
free-cash

Batumi , Georgia
€29477
€35852
€37552
€35004
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
5 654
-
42 500
-
income
1 131
-
8 500
-
total
1 131
-
8 500
-
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%.

36 846
42 500
-
-
total
-
-
-
-
Dividends
36 846
42 500
-
-
withholding
1 842
2 125
-
-
total
1 842
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
2 973
2 125
8 500
425
After tax
39 527
40 375
34 000
42 075
Living cost
4 523
4 523
4 523
4 523
Free-cash
35 004
35 852
29 477
37 552

Estimated living cost  is €4523 per year

€2803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€124
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.
€1220
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
€26951
€33326
€35026
€32004
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
8 811
-
42 500
-
income
1 762
-
8 500
-
total
1 762
-
8 500
-
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%.

33 689
42 500
-
-
total
-
-
-
-
Dividends
33 689
42 500
-
-
withholding
1 685
2 125
-
-
total
1 685
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 447
2 125
8 500
425
After tax
39 053
40 375
34 000
42 075
Living cost
7 049
7 049
7 049
7 049
Free-cash
32 004
33 326
26 951
35 026

Estimated living cost  is €7049 per year

€4770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€236
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.
€1746
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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