Buying Property in Belgium as a Foreigner

No restrictions for foreign buyers

Belgium is one of the most open countries in Europe for property purchases by foreigners. No prior authorization is needed, whether you are an EU citizen or not.

Same rights as residents

• Same registration duties (12.5% or 3% depending on region)
• Same reduction possibilities (if conditions are met)
• Access to mortgage credit (subject to conditions)
• No additional tax for non-residents

Financing particularities

Belgian banks grant mortgage loans to non-residents, but with stricter conditions:

• Maximum loan-to-value: generally 70-80% (vs 90% for residents)
• Down payment: minimum 20-30% of price + fees
• Income proof: foreign income is accepted but requires more documentation
• Belgian bank account: mandatory for the loan and payment

Taxation for non-residents

Non-resident owners are subject to non-resident tax (BNI) on the cadastral income of their Belgian property. If the property is rented, Belgian rental income is declared in Belgium. A double taxation treaty generally prevents double taxation with the country of residence.

For a complete guide on buying as an expat, check our expat guide.