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
€ 44000
per

Your estimated
City
free-cash

Batumi , Georgia
€37019
€38779
€30419
€36123
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%.

-
-
-
44 000
microenterprise

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

-
-
-
440
total
-
-
-
440
Employee
5 976
-
44 000
-
income
1 195
-
8 800
-
total
1 195
-
8 800
-
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%.

38 024
44 000
-
-
total
-
-
-
-
Dividends
38 024
44 000
-
-
withholding
1 901
2 200
-
-
total
1 901
2 200
-
-
Income
44 000
44 000
44 000
44 000
Total tax
3 096
2 200
8 800
440
After tax
40 904
41 800
35 200
43 560
Living cost
4 781
4 781
4 781
4 781
Free-cash
36 123
37 019
30 419
38 779

Estimated living cost  is €4781 per year

€2963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€131
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.
€1289
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
€34349
€36109
€27749
€32952
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%.

-
-
-
44 000
microenterprise

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

-
-
-
440
total
-
-
-
440
Employee
9 314
-
44 000
-
income
1 863
-
8 800
-
total
1 863
-
8 800
-
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%.

34 686
44 000
-
-
total
-
-
-
-
Dividends
34 686
44 000
-
-
withholding
1 734
2 200
-
-
total
1 734
2 200
-
-
Income
44 000
44 000
44 000
44 000
Total tax
3 597
2 200
8 800
440
After tax
40 403
41 800
35 200
43 560
Living cost
7 451
7 451
7 451
7 451
Free-cash
32 952
34 349
27 749
36 109

Estimated living cost  is €7451 per year

€5042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€250
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.
€1846
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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