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
€ 47450
per

Your estimated
City
free-cash

Batumi , Georgia
€40047
€40841
€33724
€42739
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%.

-
-
-
47 450
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
5 295
-
47 450
-
income
1 059
-
9 490
-
total
1 059
-
9 490
-
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%.

42 155
47 450
-
-
total
-
-
-
-
Dividends
42 155
47 450
-
-
withholding
2 108
2 373
-
-
total
2 108
2 373
-
-
Income
47 450
47 450
47 450
47 450
Total tax
3 167
2 373
9 490
475
After tax
44 283
45 077
37 960
46 975
Living cost
4 236
4 236
4 236
4 236
Free-cash
40 047
40 841
33 724
42 739

Estimated living cost  is €4236 per year

€2625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€352
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.
€1142
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
€37238
€38475
€31358
€40373
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%.

-
-
-
47 450
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
8 252
-
47 450
-
income
1 650
-
9 490
-
total
1 650
-
9 490
-
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%.

39 198
47 450
-
-
total
-
-
-
-
Dividends
39 198
47 450
-
-
withholding
1 960
2 373
-
-
total
1 960
2 373
-
-
Income
47 450
47 450
47 450
47 450
Total tax
3 610
2 373
9 490
475
After tax
43 840
45 077
37 960
46 975
Living cost
6 602
6 602
6 602
6 602
Free-cash
37 238
38 475
31 358
40 373

Estimated living cost  is €6602 per year

€4467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€221
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.
€1636
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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