Belgium
What do I need to know when buying property in Belgium?
When we asked expats what advice they would give a foreigner before buying a property in Belgium, they said...
"1. It is important to research the local market and understand the different types of property available in Belgium. 2. It is important to understand the legal requirements for purchasing property in Belgium, including the need for a notary to complete the transaction. 3. It is important to understand the taxation implications of buying property in Belgium, including the registration tax and the transfer tax. 4. It is important to understand the different types of mortgages available in Belgium and the associated costs. 5. It is important to understand the different types of insurance available in Belgium, including home insurance and liability insurance. 6. It is important to understand the different types of maintenance and repair services available in Belgium, including plumbing, electrical, and HVAC services. 7. It is important to understand the different types of rental agreements available in Belgium, including short-term and long-term leases. 8. It is important to understand the different types of tenant rights in Belgium, including the right to a safe and healthy living environment," said a member in Belgium.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What do I need to know when buying property in Belgium?
If you live in Belgium, newcomers to Belgium would love to hear your answer to this question:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
