Mortgage Details - Belgium
Since the headquarters of the EU was based in Brussels, Belgium has become very popular with foreign investors. Property prices have risen in the areas surrounding Brussels although the countryside still offers less expensive alternatives. The main languages are French, Flemish & German.
There are no restrictions on the foreign ownership of real estate.
Capital Gains Tax is chargeable on all income from real estate sales, including non-resident companines, and is charged at the basic rate of 40%
Proof of income is required in all cases.
To obtain your mortgage in Belgium you will need, as a minimum requirement, proof of income when you make your application. The following will be required: