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
€ 49400
per

Your estimated
City
free-cash

Batumi , Georgia
€42665
€35255
€44641
€41866
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%.

-
-
-
49 400
microenterprise

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

-
-
-
494
total
-
-
-
494
Employee
5 331
-
49 400
-
income
1 066
-
9 880
-
total
1 066
-
9 880
-
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%.

44 069
49 400
-
-
total
-
-
-
-
Dividends
44 069
49 400
-
-
withholding
2 203
2 470
-
-
total
2 203
2 470
-
-
Income
49 400
49 400
49 400
49 400
Total tax
3 269
2 470
9 880
494
After tax
46 131
46 930
39 520
48 906
Living cost
4 265
4 265
4 265
4 265
Free-cash
41 866
42 665
35 255
44 641

Estimated living cost  is €4265 per year

€2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€117
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.
€1150
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
€40284
€32874
€42260
€39037
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%.

-
-
-
49 400
microenterprise

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

-
-
-
494
total
-
-
-
494
Employee
8 308
-
49 400
-
income
1 662
-
9 880
-
total
1 662
-
9 880
-
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%.

41 092
49 400
-
-
total
-
-
-
-
Dividends
41 092
49 400
-
-
withholding
2 055
2 470
-
-
total
2 055
2 470
-
-
Income
49 400
49 400
49 400
49 400
Total tax
3 717
2 470
9 880
494
After tax
45 683
46 930
39 520
48 906
Living cost
6 646
6 646
6 646
6 646
Free-cash
39 037
40 284
32 874
42 260

Estimated living cost  is €6646 per year

€4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
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.
€1646
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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