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
€ 43500
per

Your estimated
City
free-cash

Batumi , Georgia
€37610
€31085
€39350
€36913
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
4 644
-
43 500
-
income
929
-
8 700
-
total
929
-
8 700
-
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%.

38 856
43 500
-
-
total
-
-
-
-
Dividends
38 856
43 500
-
-
withholding
1 943
2 175
-
-
total
1 943
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
2 872
2 175
8 700
435
After tax
40 628
41 325
34 800
43 065
Living cost
3 715
3 715
3 715
3 715
Free-cash
36 913
37 610
31 085
39 350

Estimated living cost  is €3715 per year

€2302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€102
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.
€1002
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
€35535
€29010
€37275
€34450
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
7 237
-
43 500
-
income
1 447
-
8 700
-
total
1 447
-
8 700
-
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%.

36 263
43 500
-
-
total
-
-
-
-
Dividends
36 263
43 500
-
-
withholding
1 813
2 175
-
-
total
1 813
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
3 260
2 175
8 700
435
After tax
40 240
41 325
34 800
43 065
Living cost
5 790
5 790
5 790
5 790
Free-cash
34 450
35 535
29 010
37 275

Estimated living cost  is €5790 per year

€3918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€194
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.
€1434
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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