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
€ 47600
per

Your estimated
City
free-cash

Batumi , Georgia
€33593
€42637
€40733
€39891
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%.

-
-
-
47 600
microenterprise

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

-
-
-
476
total
-
-
-
476
Employee
5 609
-
47 600
-
income
1 122
-
9 520
-
total
1 122
-
9 520
-
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%.

41 991
47 600
-
-
total
-
-
-
-
Dividends
41 991
47 600
-
-
withholding
2 100
2 380
-
-
total
2 100
2 380
-
-
Income
47 600
47 600
47 600
47 600
Total tax
3 222
2 380
9 520
476
After tax
44 378
45 220
38 080
47 124
Living cost
4 487
4 487
4 487
4 487
Free-cash
39 891
40 733
33 593
42 637

Estimated living cost  is €4487 per year

€2781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€123
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.
€1210
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
€31088
€40132
€38228
€36917
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%.

-
-
-
47 600
microenterprise

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

-
-
-
476
total
-
-
-
476
Employee
8 740
-
47 600
-
income
1 748
-
9 520
-
total
1 748
-
9 520
-
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%.

38 860
47 600
-
-
total
-
-
-
-
Dividends
38 860
47 600
-
-
withholding
1 943
2 380
-
-
total
1 943
2 380
-
-
Income
47 600
47 600
47 600
47 600
Total tax
3 691
2 380
9 520
476
After tax
43 909
45 220
38 080
47 124
Living cost
6 992
6 992
6 992
6 992
Free-cash
36 917
38 228
31 088
40 132

Estimated living cost  is €6992 per year

€4731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€234
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.
€1732
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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