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
€ 46450
per

Your estimated
City
free-cash

Batumi , Georgia
€39823
€32856
€41682
€39017
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%.

-
-
-
46 450
microenterprise

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

-
-
-
464
total
-
-
-
464
Employee
5 380
-
46 450
-
income
1 076
-
9 290
-
total
1 076
-
9 290
-
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%.

41 070
46 450
-
-
total
-
-
-
-
Dividends
41 070
46 450
-
-
withholding
2 053
2 323
-
-
total
2 053
2 323
-
-
Income
46 450
46 450
46 450
46 450
Total tax
3 129
2 323
9 290
464
After tax
43 321
44 127
37 160
45 986
Living cost
4 304
4 304
4 304
4 304
Free-cash
39 017
39 823
32 856
41 682

Estimated living cost  is €4304 per year

€2667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€358
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.
€1161
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
€37420
€30453
€39279
€36163
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%.

-
-
-
46 450
microenterprise

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

-
-
-
464
total
-
-
-
464
Employee
8 384
-
46 450
-
income
1 677
-
9 290
-
total
1 677
-
9 290
-
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%.

38 066
46 450
-
-
total
-
-
-
-
Dividends
38 066
46 450
-
-
withholding
1 903
2 323
-
-
total
1 903
2 323
-
-
Income
46 450
46 450
46 450
46 450
Total tax
3 580
2 323
9 290
464
After tax
42 870
44 127
37 160
45 986
Living cost
6 707
6 707
6 707
6 707
Free-cash
36 163
37 420
30 453
39 279

Estimated living cost  is €6707 per year

€4539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1662
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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