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Buying real estate in Belgium as a foreigner is quite straightforward, with a few important considerations to keep in mind. First and foremost, Belgium does not impose any major restrictions on foreigners purchasing property, whether they are EU citizens or non-EU citizens.
- Who Can Buy Property in Belgium?
- Do The Research
- Financing
- Due Diligence and Sales Contract
International buyers face no restrictions in acquiring property in Belgium. However, non-residents have a different tax status compared to permanent residents, and transaction costs are generally perceived as higher than in many other European countries.
Investing in real estate in Belgium can be appealing for several reasons. The real estate market in Belgium is characterized by a mix of historic and modern properties, catering to diverse preferences. Additionally, the country has a well-developed infrastructure, a strong legal system, and a high standard of living. Belgium´s political stability a...
Foreigners are eligible to secure property loans in Belgium. The Belgian banking system permits non-residents to apply for property loans, subject to certain conditions and requirements. To obtain a property loan in Belgium as a foreigner, you typically need a valid residence permit, a stable income, and a good credit history.
While not obligatory under Belgian law, engaging in due diligence is strongly advised. Typically conducted before the contract´s execution, although parties may agree to perform it afterward, due diligence is primarily carried out by buyers. This process is crucial for assessing potential issues and liabilities, and it also allows for the verificat...
Jun 8, 2024 · We explain real estate in Belgium, including the process of buying a home in Belgium as a foreigner, whether you’re after an off-plan home, new-build, or furnished apartment.
5 days ago · Can I afford to buy a home in Belgium? We’ve all gained a new appreciation for home spaces over the pandemic. Belgium is no exception. There were 30% more real estate transactions in the first half of 2021 than in the same period a year earlier. That represents the highest number of transactions since 2007.
Here's all that you need to know if you're looking to settle and buy a property in Belgium, from procedures to the real estate market's specificities.
Buy-to-let and second home stamp duty tax bands. Knight Frank's guide to buying property in Belgium explains the important details for international buyers to keep in mind, in particular tax, fees, charges and the buying process.
People also ask
Can a foreigner buy a home in Belgium?
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Jul 30, 2024 · From renting and buying a property to building a new house, this guide provides everything you need to know about housing in Belgium.
