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
€ 46200
per

Your estimated
City
free-cash

Batumi , Georgia
€32564
€39494
€41342
€38670
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%.

-
-
-
46 200
microenterprise

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

-
-
-
462
total
-
-
-
462
Employee
5 495
-
46 200
-
income
1 099
-
9 240
-
total
1 099
-
9 240
-
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%.

40 705
46 200
-
-
total
-
-
-
-
Dividends
40 705
46 200
-
-
withholding
2 035
2 310
-
-
total
2 035
2 310
-
-
Income
46 200
46 200
46 200
46 200
Total tax
3 134
2 310
9 240
462
After tax
43 066
43 890
36 960
45 738
Living cost
4 396
4 396
4 396
4 396
Free-cash
38 670
39 494
32 564
41 342

Estimated living cost  is €4396 per year

€2725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€121
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.
€1186
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
€30109
€37039
€38887
€35754
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%.

-
-
-
46 200
microenterprise

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

-
-
-
462
total
-
-
-
462
Employee
8 564
-
46 200
-
income
1 713
-
9 240
-
total
1 713
-
9 240
-
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%.

37 636
46 200
-
-
total
-
-
-
-
Dividends
37 636
46 200
-
-
withholding
1 882
2 310
-
-
total
1 882
2 310
-
-
Income
46 200
46 200
46 200
46 200
Total tax
3 595
2 310
9 240
462
After tax
42 605
43 890
36 960
45 738
Living cost
6 851
6 851
6 851
6 851
Free-cash
35 754
37 039
30 109
38 887

Estimated living cost  is €6851 per year

€4636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€230
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.
€1697
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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