September 3rd, 2007 by lana
Belgium’s economy is 74.5 percent free, according to our 2007 assessment, which makes it the world’s 17th freest economy. This is a 0.3 percentage point increase, partially reflecting new methodological detail. Belgium is ranked 10th freest among the 41 countries in the European region, and its overall score is above the regional average. Over the past decade, it has almost always scored in the low 70s. ( for more info click here)
September 3rd, 2007 by lana
Belgium Buyer’s Guide explains the legal fees, legal procedures, purchase taxes and mortgage procedure. ( for more info click here)
September 3rd, 2007 by lana
Belgium has become more popular for foreign ownership recently due to the head quarters of the E.U being based at Brussels. This has resulted in rising property values, especially close to Brussels, although less expensive property can be found in the countryside. Main languages are French, Flemmish and German.
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September 3rd, 2007 by lana
During your stay in Belgium, you might consider purchasing real estate in here. Rental charges are often high and the potential tax benefits resulting from a mortgage loan for the acquisition of Belgian real estate encourages some expats to invest in Belgian real estate. ( for more info click here)
September 3rd, 2007 by lana
Corporate income tax
The standard corporate income tax rate in Belgium is 33.99%. Property holding companies are taxed on any rental income received after allowable expenses, including certain interest and depreciation. Straight-line depreciation rates of 3% and 5% per annum are generally accepted by the tax administration for commercial and industrial buildings respectively. Accelerated depreciation may be available to companies in respect of property they occupy.
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August 3rd, 2007 by Ines
As the self-proclaimed “capital” of an enlarged EU, Brussels is witnessing a housing boom, particularly in the European Quarter. Martin Banks reports.
It may not have the architectural chic of Paris or speculative edge of London, but the property scene in Brussels is really hotting up and none more so than the area known as the European Quarter.
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August 3rd, 2007 by Ines
The Belgian commercial property market finds itself in a favourable economic situation, characterised by sustained growth, increasing appeal for foreign investors and recovery in employment, with business managers more confident than ever.
Luxury offices in Brussels are highly sought after
The demand for “class A” buildings seems to be the priority, and the vacancy rate in greater Brussels has improved, amounting henceforth to 10.6% (i.e., 1,271,046 m²). 2006 promises to be healthy and stable year, with an occupancy rate of around 230,000 m² for the first six months of the year, and projections of up to 530,000m² between now and the end of the year.
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August 3rd, 2007 by Ines
Writing the day after the biggest fall in the stock market since the outbreak of the Second Gulf War, a fall that’s related to property investment problems in the US, it’s reassuring to be looking at one real estate market that’s heavily influenced by the pay packets of civil servants.
For some time there has been speculation that the big enlargement of the EU in 2004 and the addition of Bulgaria and Romania at the beginning of 2007 will lead firstly to a big increase in EU bureaucrats and lobbyists from the new member states of Eastern Europe and that this influx would impart new vigour to the Brussels residential market, particularly in the European Union quarter.
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August 3rd, 2007 by Ines
Rental prices are intrinsically linked to a number of factors amongst which the ones listed below:
a) Location of accommodation:
There are the local factors such as proximity to facilities, international schools, tram lines or the proximity to undesirable factors, such as busy, noisy roads, the airport, railway lines etc.
In addition to this there are more global factors such as the commune in which the accommodation is situated. Some communes are distinctly more expensive than others for reasons which range from the “chique” aspect through to the presence of attractive green parks and residential areas etc.
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August 3rd, 2007 by Ines
Belgium is a paradise for a house hunter compared with most other European countries — if you’re looking for a property with a character, you couldn’t do better than here.
Brussels alone boasts more than 3,000 listed art nouveau houses. But even newly built and more conventional properties are available.
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