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
€ 51300
per

Your estimated
City
free-cash

Batumi , Georgia
€44185
€43332
€46237
€36490
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%.

-
-
-
51 300
microenterprise

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

-
-
-
513
total
-
-
-
513
Employee
5 687
-
51 300
-
income
1 137
-
10 260
-
total
1 137
-
10 260
-
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%.

45 613
51 300
-
-
total
-
-
-
-
Dividends
45 613
51 300
-
-
withholding
2 281
2 565
-
-
total
2 281
2 565
-
-
Income
51 300
51 300
51 300
51 300
Total tax
3 418
2 565
10 260
513
After tax
47 882
48 735
41 040
50 787
Living cost
4 550
4 550
4 550
4 550
Free-cash
43 332
44 185
36 490
46 237

Estimated living cost  is €4550 per year

€2820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€125
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.
€1227
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
€41645
€40316
€43697
€33950
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%.

-
-
-
51 300
microenterprise

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

-
-
-
513
total
-
-
-
513
Employee
8 862
-
51 300
-
income
1 772
-
10 260
-
total
1 772
-
10 260
-
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%.

42 438
51 300
-
-
total
-
-
-
-
Dividends
42 438
51 300
-
-
withholding
2 122
2 565
-
-
total
2 122
2 565
-
-
Income
51 300
51 300
51 300
51 300
Total tax
3 894
2 565
10 260
513
After tax
47 406
48 735
41 040
50 787
Living cost
7 090
7 090
7 090
7 090
Free-cash
40 316
41 645
33 950
43 697

Estimated living cost  is €7090 per year

€4798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€238
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.
€1757
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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