Declaring your foreign property

The Belgian tax authorities have new rules regarding your foreign property

If you have indicated your property abroad in your last personal income tax return, you will have to declare this property again this year but will have to provide additional information. This is due to a change in the law regarding the taxation of this income.

If you own one or more immovable properties abroad on 01/01/2021, in whole or in part, you must declare them before 31/12/2021. How to declare these goods is explained on the website of the Federal Public Service Finance, of which you will find the link below.

It is important that you pay attention to the following facts:

• A declaration must be filed per good or group of goods
• Goods held in community each have to be declared separately
• Goods that are disposed of must be reported by return post or by e-mail.

For more information, consult the website of the Federal Public Service Finance: https://financien.belgium.be/nl/particulieren/woning/kadaster/kadastraal-inkomen/kadastraal-inkomen-van-het-buitenland-gelegen

What can Segurantis do for you?

We assist customers in completing their non-resident tax returns. If you need more information, please contact us.