Belgium Guide: Money
Our money guide provides information on bank accounts, credit and debit cards, money transfers and income tax. If you need to open a bank account, we will explain how to do it - step by step.-
Banks Where to manage your finances in Belgium
Banking is a major industry in Belgium, and there’s no shortage of banks to choose from. Belgium claims to have the largest number of bank branches per capita of any country in the world. more » -
Opening an Account How to open a bank account in Belgium
Opening an account is generally a quick and simple process in Belgium. Banks usually require only your passport or other identification in order to open a current account ( compte à vue/zichtrekening). more » -
Bank Transfers How to make payments in Belgium
The usual method of making payments in Belgium is a direct bank transfer. more » -
Debit & Cash Cards How to use debit and cash cards
Banks in Belgium are leading the way towards a ‘cashless society’ with the various types of cards they issue to their customers. more » -
Credit & Charge Cards How to use credit cards in Belgium
Credit and charge cards are referred to collectively as credit cards in Belgium. more » -
Income tax An introduction to Belgium’s income tax
Although both Belgium enjoys a reputation for being a tax haven for the idle rich, ordinary working people in Belgium suffer from some of the highest tax rates in the world. more » -
Income tax liability Who is liable to pay income taxes in Belgium?
Your liability for income taxes (and any other sort of taxes, for that matter) depends on where you're domiciled, which is usually the country you regard as your permanent home and where you live and work most of the year. more » -
Taxable Income What part of my income is taxable?
Taxable income in Belgium is divided into four categories: earned income, property income, income from movable assets and miscellaneous income. more » -
Income Tax Returns Where to get them and when to send them
Even if your only income is from employment, you need to file a tax return in order to declare your liability to municipal or communal taxes. more » -
Tax Bills When to pay them and other matters
A few months after filing your tax return, you should receive a notice of assessment from your assigned tax inspector. more »