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
€ 50850
per

Your estimated
City
free-cash

Batumi , Georgia
€43998
€36371
€46032
€43191
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%.

-
-
-
50 850
microenterprise

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

-
-
-
509
total
-
-
-
509
Employee
5 386
-
50 850
-
income
1 077
-
10 170
-
total
1 077
-
10 170
-
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%.

45 464
50 850
-
-
total
-
-
-
-
Dividends
45 464
50 850
-
-
withholding
2 273
2 543
-
-
total
2 273
2 543
-
-
Income
50 850
50 850
50 850
50 850
Total tax
3 350
2 543
10 170
509
After tax
47 500
48 307
40 680
50 341
Living cost
4 309
4 309
4 309
4 309
Free-cash
43 191
43 998
36 371
46 032

Estimated living cost  is €4309 per year

€2671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€118
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.
€1162
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
€41592
€33965
€43626
€40333
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%.

-
-
-
50 850
microenterprise

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

-
-
-
509
total
-
-
-
509
Employee
8 394
-
50 850
-
income
1 679
-
10 170
-
total
1 679
-
10 170
-
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%.

42 456
50 850
-
-
total
-
-
-
-
Dividends
42 456
50 850
-
-
withholding
2 123
2 543
-
-
total
2 123
2 543
-
-
Income
50 850
50 850
50 850
50 850
Total tax
3 802
2 543
10 170
509
After tax
47 048
48 307
40 680
50 341
Living cost
6 715
6 715
6 715
6 715
Free-cash
40 333
41 592
33 965
43 626

Estimated living cost  is €6715 per year

€4544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€225
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.
€1664
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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