Belgium’s allure for expats worldwide is unmistakable. Renowned for its excellent healthcare, education, and low crime rate, Belgium captivates people of all ages. Whether you’re pursuing new career prospects or seeking a safe environment to call home, Belgium’s charm is truly compelling.

Deciding to relocate to or retire in Belgium as an expat necessitates thorough financial planning, as there are several factors to consider and address.

The Belgian tax system is renowned for its complexity and is characterised by relatively high tax rates. However Belgium has a beneficial tax regime for expatriates, so understanding your tax obligations is crucial. Similarly, ensuring your pensions comply with both local and international regulations is essential.

Belgium’s healthcare system is excellent, but expats should obtain supplementary private health insurance to cover additional costs not fully reimbursed by the state. This is particularly important for retirees who may have more frequent healthcare needs. For those planning to work in Belgium, familiarity with local employment laws and social security contributions is paramount.

Given the complexity of these matters, consulting with a financial expert is strongly recommended.

Steve Tuson is an experienced financial advisor who specialises in portfolio management, pension planning, investments and international banking. With his expert guidance, you can fully enjoy your new life in Belgium.

Schedule a meeting with Steve today. Simply click the button below to book your free initial consultation.