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
€ 49900
per

Your estimated
City
free-cash

Batumi , Georgia
€42631
€41735
€44627
€35146
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%.

-
-
-
49 900
microenterprise

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

-
-
-
499
total
-
-
-
499
Employee
5 968
-
49 900
-
income
1 194
-
9 980
-
total
1 194
-
9 980
-
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%.

43 932
49 900
-
-
total
-
-
-
-
Dividends
43 932
49 900
-
-
withholding
2 197
2 495
-
-
total
2 197
2 495
-
-
Income
49 900
49 900
49 900
49 900
Total tax
3 391
2 495
9 980
499
After tax
46 509
47 405
39 920
49 401
Living cost
4 774
4 774
4 774
4 774
Free-cash
41 735
42 631
35 146
44 627

Estimated living cost  is €4774 per year

€2958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€131
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.
€1287
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
€39966
€38571
€41962
€32481
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%.

-
-
-
49 900
microenterprise

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

-
-
-
499
total
-
-
-
499
Employee
9 299
-
49 900
-
income
1 860
-
9 980
-
total
1 860
-
9 980
-
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%.

40 601
49 900
-
-
total
-
-
-
-
Dividends
40 601
49 900
-
-
withholding
2 030
2 495
-
-
total
2 030
2 495
-
-
Income
49 900
49 900
49 900
49 900
Total tax
3 890
2 495
9 980
499
After tax
46 010
47 405
39 920
49 401
Living cost
7 439
7 439
7 439
7 439
Free-cash
38 571
39 966
32 481
41 962

Estimated living cost  is €7439 per year

€5034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€249
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.
€1843
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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