Belgium, particularly Brussels, has always attracted
investors and property developers, now more than ever. Real estate is
a global business today. Once dominated by local competitors, markets
throughout the world now attract a range of international investors,
lenders, occupiers and developers seeking cross-border opportunities
and in search of optimal investment returns.
Since the transfer of real property is subject to a transfer tax of
12.5% (10% in Flanders), investors tend to look for alternative ways
to invest in real property, via property companies or property funds.
Real estate transactions require careful planning taking account of a
large scale of taxes: real property tax and VAT, income tax and