For those considering moving to Belgium

Individuals who have their permanent residence in Belgium during a tax year are considered to have moved there and to be tax residents. The same applies to individuals whose main centre of wealth is in Belgium.

Resident taxpayers are taxed on their worldwide income in Belgium.

Belgium has a progressive tax system, with rates ranging from 25 to 50%.

Belgium applies the so-called alternative allocation method (the exemption method with progression), rather than the credit method. Double taxation of dividends and interest income is avoided through the use of tax treaties where applicable.

Belgium does not levy wealth tax, although a tax is levied on certain securities accounts.

The tax year in Belgium corresponds with the calendar year.

The individual tax return in Belgium must generally be filed by 30 June of the year following the tax year.

The name of the tax authority in Belgium is FOD Financiën (SPF Finances).

Belgium has tax treaties with approximately 90 countries, including Norway.

Belgium has property tax at regional level. Rates range from 1.25% to 3.97% and are assessed based on the property’s rental value.

In addition, a form of transfer tax is levied on the purchase of real estate, with rates ranging from 0.2% to 12.5% depending on the region.