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
€ 43300
per

Your estimated
City
free-cash

Batumi , Georgia
€36578
€35724
€38310
€30083
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%.

-
-
-
43 300
microenterprise

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

-
-
-
433
total
-
-
-
433
Employee
5 696
-
43 300
-
income
1 139
-
8 660
-
total
1 139
-
8 660
-
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%.

37 604
43 300
-
-
total
-
-
-
-
Dividends
37 604
43 300
-
-
withholding
1 880
2 165
-
-
total
1 880
2 165
-
-
Income
43 300
43 300
43 300
43 300
Total tax
3 019
2 165
8 660
433
After tax
40 281
41 135
34 640
42 867
Living cost
4 557
4 557
4 557
4 557
Free-cash
35 724
36 578
30 083
38 310

Estimated living cost  is €4557 per year

€2824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€125
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.
€1229
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
€34033
€32701
€35765
€27538
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%.

-
-
-
43 300
microenterprise

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

-
-
-
433
total
-
-
-
433
Employee
8 878
-
43 300
-
income
1 776
-
8 660
-
total
1 776
-
8 660
-
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%.

34 422
43 300
-
-
total
-
-
-
-
Dividends
34 422
43 300
-
-
withholding
1 721
2 165
-
-
total
1 721
2 165
-
-
Income
43 300
43 300
43 300
43 300
Total tax
3 497
2 165
8 660
433
After tax
39 803
41 135
34 640
42 867
Living cost
7 102
7 102
7 102
7 102
Free-cash
32 701
34 033
27 538
35 765

Estimated living cost  is €7102 per year

€4806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€238
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.
€1759
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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