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
€ 45550
per

Your estimated
City
free-cash

Batumi , Georgia
€31938
€38770
€40592
€37927
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%.

-
-
-
45 550
microenterprise

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

-
-
-
456
total
-
-
-
456
Employee
5 627
-
45 550
-
income
1 125
-
9 110
-
total
1 125
-
9 110
-
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%.

39 923
45 550
-
-
total
-
-
-
-
Dividends
39 923
45 550
-
-
withholding
1 996
2 278
-
-
total
1 996
2 278
-
-
Income
45 550
45 550
45 550
45 550
Total tax
3 121
2 278
9 110
456
After tax
42 429
43 272
36 440
45 094
Living cost
4 502
4 502
4 502
4 502
Free-cash
37 927
38 770
31 938
40 592

Estimated living cost  is €4502 per year

€2790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€374
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.
€1214
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
€29424
€36256
€38078
€34941
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%.

-
-
-
45 550
microenterprise

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

-
-
-
456
total
-
-
-
456
Employee
8 770
-
45 550
-
income
1 754
-
9 110
-
total
1 754
-
9 110
-
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%.

36 780
45 550
-
-
total
-
-
-
-
Dividends
36 780
45 550
-
-
withholding
1 839
2 278
-
-
total
1 839
2 278
-
-
Income
45 550
45 550
45 550
45 550
Total tax
3 593
2 278
9 110
456
After tax
41 957
43 272
36 440
45 094
Living cost
7 016
7 016
7 016
7 016
Free-cash
34 941
36 256
29 424
38 078

Estimated living cost  is €7016 per year

€4748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€235
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.
€1738
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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