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
€42025
€34615
€44001
€41106
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
6 131
-
49 400
-
income
1 226
-
9 880
-
total
1 226
-
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%.

43 269
49 400
-
-
total
-
-
-
-
Dividends
43 269
49 400
-
-
withholding
2 163
2 470
-
-
total
2 163
2 470
-
-
Income
49 400
49 400
49 400
49 400
Total tax
3 389
2 470
9 880
494
After tax
46 011
46 930
39 520
48 906
Living cost
4 905
4 905
4 905
4 905
Free-cash
41 106
42 025
34 615
44 001

Estimated living cost  is €4905 per year

€3040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€135
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.
€1323
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
€39286
€31876
€41262
€37853
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
9 555
-
49 400
-
income
1 911
-
9 880
-
total
1 911
-
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%.

39 845
49 400
-
-
total
-
-
-
-
Dividends
39 845
49 400
-
-
withholding
1 992
2 470
-
-
total
1 992
2 470
-
-
Income
49 400
49 400
49 400
49 400
Total tax
3 903
2 470
9 880
494
After tax
45 497
46 930
39 520
48 906
Living cost
7 644
7 644
7 644
7 644
Free-cash
37 853
39 286
31 876
41 262

Estimated living cost  is €7644 per year

€5173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€256
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.
€1894
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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