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
€ 47100
per

Your estimated
City
free-cash

Batumi , Georgia
€33157
€40222
€42106
€39374
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%.

-
-
-
47 100
microenterprise

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

-
-
-
471
total
-
-
-
471
Employee
5 654
-
47 100
-
income
1 131
-
9 420
-
total
1 131
-
9 420
-
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%.

41 446
47 100
-
-
total
-
-
-
-
Dividends
41 446
47 100
-
-
withholding
2 072
2 355
-
-
total
2 072
2 355
-
-
Income
47 100
47 100
47 100
47 100
Total tax
3 203
2 355
9 420
471
After tax
43 897
44 745
37 680
46 629
Living cost
4 523
4 523
4 523
4 523
Free-cash
39 374
40 222
33 157
42 106

Estimated living cost  is €4523 per year

€2803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€376
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.
€1220
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
€30631
€37696
€39580
€36375
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%.

-
-
-
47 100
microenterprise

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

-
-
-
471
total
-
-
-
471
Employee
8 811
-
47 100
-
income
1 762
-
9 420
-
total
1 762
-
9 420
-
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%.

38 289
47 100
-
-
total
-
-
-
-
Dividends
38 289
47 100
-
-
withholding
1 914
2 355
-
-
total
1 914
2 355
-
-
Income
47 100
47 100
47 100
47 100
Total tax
3 676
2 355
9 420
471
After tax
43 424
44 745
37 680
46 629
Living cost
7 049
7 049
7 049
7 049
Free-cash
36 375
37 696
30 631
39 580

Estimated living cost  is €7049 per year

€4770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€236
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.
€1746
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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