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
€ 44350
per

Your estimated
City
free-cash

Batumi , Georgia
€37856
€31204
€39631
€37055
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%.

-
-
-
44 350
microenterprise

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

-
-
-
443
total
-
-
-
443
Employee
5 345
-
44 350
-
income
1 069
-
8 870
-
total
1 069
-
8 870
-
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%.

39 005
44 350
-
-
total
-
-
-
-
Dividends
39 005
44 350
-
-
withholding
1 950
2 218
-
-
total
1 950
2 218
-
-
Income
44 350
44 350
44 350
44 350
Total tax
3 019
2 218
8 870
443
After tax
41 331
42 132
35 480
43 907
Living cost
4 276
4 276
4 276
4 276
Free-cash
37 055
37 856
31 204
39 631

Estimated living cost  is €4276 per year

€2650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1153
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
€35469
€28817
€37244
€34220
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%.

-
-
-
44 350
microenterprise

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

-
-
-
443
total
-
-
-
443
Employee
8 329
-
44 350
-
income
1 666
-
8 870
-
total
1 666
-
8 870
-
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%.

36 021
44 350
-
-
total
-
-
-
-
Dividends
36 021
44 350
-
-
withholding
1 801
2 218
-
-
total
1 801
2 218
-
-
Income
44 350
44 350
44 350
44 350
Total tax
3 467
2 218
8 870
443
After tax
40 883
42 132
35 480
43 907
Living cost
6 663
6 663
6 663
6 663
Free-cash
34 220
35 469
28 817
37 244

Estimated living cost  is €6663 per year

€4509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
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.
€1651
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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