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
€ 47150
per

Your estimated
City
free-cash

Batumi , Georgia
€39800
€40589
€33516
€42474
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%.

-
-
-
47 150
microenterprise

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

-
-
-
472
total
-
-
-
472
Employee
5 255
-
47 150
-
income
1 051
-
9 430
-
total
1 051
-
9 430
-
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%.

41 895
47 150
-
-
total
-
-
-
-
Dividends
41 895
47 150
-
-
withholding
2 095
2 357
-
-
total
2 095
2 357
-
-
Income
47 150
47 150
47 150
47 150
Total tax
3 146
2 357
9 430
472
After tax
44 004
44 793
37 720
46 678
Living cost
4 204
4 204
4 204
4 204
Free-cash
39 800
40 589
33 516
42 474

Estimated living cost  is €4204 per year

€2606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€116
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.
€1134
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
€37012
€38241
€31168
€40126
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%.

-
-
-
47 150
microenterprise

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

-
-
-
472
total
-
-
-
472
Employee
8 190
-
47 150
-
income
1 638
-
9 430
-
total
1 638
-
9 430
-
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%.

38 960
47 150
-
-
total
-
-
-
-
Dividends
38 960
47 150
-
-
withholding
1 948
2 357
-
-
total
1 948
2 357
-
-
Income
47 150
47 150
47 150
47 150
Total tax
3 586
2 357
9 430
472
After tax
43 564
44 793
37 720
46 678
Living cost
6 552
6 552
6 552
6 552
Free-cash
37 012
38 241
31 168
40 126

Estimated living cost  is €6552 per year

€4434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€220
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.
€1623
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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