Exempt categories include managerial positions, technical experts, highly qualified workers, and researchers. That doesn’t necessarily mean that they’ve naturalized all of those people or that they’ll automatically want to naturalize you, the wealthy person from the West who isn’t in love with socialist systems, but they aren’t going to turn you down simply because you’re not an “ethnic” Belgian. Unfortunately, they’re in for a big disappointment. During this time, the lawyer can apply for your Professional Card, which is the basis for obtaining a residence permit. Assistance with obtaining the permanent residence permit. This website uses cookies to improve your experience. You will also need to factor in application fees, which can be as high as €400,000. These cookies do not store any personal information. The final option to obtain a Belgian residence is to prove that you are a person of independent means. Fortunately, Belgium offers more in that department, too. Travel freedom to other EU countries. Who is eligible? They may not adopt citizenship-based taxation from the United States, but as more and more of their citizens embrace international lifestyles, they’re going to find a way to hold onto at least some of their money. To establish a declaration of nationality, all supporting documents must have been issued within six months of the application submission. The process for obtaining Belgium’s entrepreneur visa is not clearly defined. Getting registered is expensive and complicated. Belgium’s path to citizenship via residency is not for everyone, but it could be the perfect fit for you. What kind of work will you be doing? Belgium is extremely bureaucratic. Belgium is a leader, and that’s not going to change. Can you commit that kind of time, money, and planning? If you want help navigating the ins and outs of the program, feel free to reach out. In order to qualify for the Start-up Business Class, a business should be incorporated and carrying on business in Canada at the time the commitment is made. There are no guarantees that you’ll be approved and there are a lot of ways you can mess it up. Your email address will not be published. You must pay 7.35% of your gross salary (3.55% personal, 3.8% employer contribution) and obtain state or private health insurance, but then all you need to do is show your social security card and you will be reimbursed for 75% of all medical costs. Once granted, the permit is good for one year and can be renewed based on business performance. Belgium has one of the best passports in the world, coming in at fourth place on our Nomad Passport Index. Meanwhile the resident must maintain an official address in Belgium through … Business culture in Belgium. You have to do a lot of preplanning before pursuing Belgian citizenship, too, including which residency route you’ll take, if and how you’ll apply for tax non-resident status, and how much time you’ll spend in Belgium vs. the Schengen Area vs. the rest of the world. It is similar to the US E-2 visa. The business market in Norway is strong and fruitful, and Norway has been listed as the second wealthiest country on the planet. Revenues qualify as benefits or profit in the hands of the non-resident beneficiary. You can incorporate a new Belgian company, or a Belgian subsidiary of an international company. It usually takes three to four months after filing the application for the Professional Card to be approved. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. If you are, then Belgian citizenship may just be on your horizon. That part of the world is very nationalistic. This must be done before arriving in Belgium at a Belgian embassy or consulate in your country of origin. In total, the application process takes anywhere between 3-8 months. Lawyers are expensive there. Some of them lead to citizenship, while others will merely grant you the right to reside in the country. For instance, you will need an apartment in Belgium the entire time you live there. He has personally lived this lifestyle for over a decade, and now works with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best". This is for someone who likes the idea of living in Europe and plans to live there. It should not be confused as a Golden Visa program as its requirements, timelines, and objectives are entirely different. In all honesty, for a relatively well-managed country that offers the possibility of tax non-resident status and one of the best passports in the world, this is still a very reasonable timeline. How to Get Irish Citizenship by Descent from Grandparents or Great Grandparents. Bulgaria: Permanent Residency through Property Investment – Invest in property and receive automatic Permanent Residency in Bulgaria, a country receiving its Schengen status in the near future Portugal: Golden Permanent Residency for Investors – Invest in a business or a property to take advantage of a direct route to PR in Portugal. However, it might be beneficial for someone who has a Bulgarian passport who wants to increase their visa-free travel one day with a Belgian passport. They may send the employer alternative candidates for the job from their lists of Belgians receiving unemployment benefits. The startup capital for your company must be transferred to a Belgian bank within a few working days after setting up your company. You will need to present your passport, two visa application forms, two passport photos, a certificate of good conduct less than six months old, a medical certificate, and other situation-specific documents as requested by the embassy. If for some reason you do decide to apply, applications are reviewed on a case by case basis. Norway: Self-Employed Persons Visa Norway is one of the Scandinavian countries which is well known for its landscape and clean living. You will also need to pass a language test in one of the national languages of Dutch, German, or French. Nevertheless, the outcome can be quite similar. Unless you do their citizenship by investment program, historically, they will only naturalize people who are from the Bulgar. Because Belgium does not need you as badly as Armenia does. This Q&A provides insight into each programme, including whether applicants can eventually apply for a Cayman passport, how many applicants typically apply for residency and the associated costs. (Uninterrupted meaning that you have not left Belgium for more than a year at a time.). In Belgium, a business investment is the only investment option available. We can assist with dealing with necessary authorities for the application. Plus, since Belgium now has capital gains tax, the pros do not necessarily outweigh the cons for EU citizens. Can u plz advise how can I pursue it. Investment must be by means of monetary fund. If you pursue this route, you must be ready to run a real business. How much time should you spend there? The details can be found on local government websites https://www.info … Search. Unless you are an EU, EEA or Swiss national, you must obtain a work permit to legally work in the country. So, the last time I helped someone set this up, we had to get my client’s friend – who is an EU resident and has a college degree – to be the director because my client met neither of those requirements. How much profit does the company make? There are various routes... Get a Job. No restrictions on dual citizenship. These include: open access to employment, conditions of employment and working conditions; No, you must start a real company with a solid business plan that will hold up under a rigorous approval process. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success. While the requirements for the program are not as clearly defined, the process itself is relatively straightforward. You can still structure your overall tax situation so that you only have to pay taxes on your Belgian business and not on your global income. However, you will be able to move freely throughout the Eurozone. It is no surprise therefore, that Norway is a popular destination with those looking to start up and expand businesses. Belgium Residence Program (BRP) has no minimum residency requirements , does not require you to stay or live at all in Belgium, but still you can apply for Permanent Residence (PR) or Passport. Tax friendly country. Everything costs more. The same can be said of Bulgaria. The key to qualifying is to demonstrate that the center of your social and economic interests remains outside of Belgium. "Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks, Offshore Banking: How to Open an Offshore Bank Account Legally, The best offshore banks (even for Americans), The easiest place in the world to open a bank account, The 5 countries with the safest offshore banks, Offshore Company: How a Foreign Corporation can Reduce Taxes, Labuan: Asia’s secret haven for an offshore corporation, Second Passport: How to Get Dual Citizenship, The Fastest Countries in The World to Become a Citizen, Get second residency and pay no tax in these 20 countries, The Step-by-Step Process to Obtain Belgian Residency, Why I Stopped Following Politics Rather Than Stay and Fight, The Best Banks for Digital Nomads Living Overseas. Otherwise, you will be unable to gain access to Belgian territory. Applicants must have 300,000€ or more available for the residency programme. If you’re looking to immigrate to Belgium, you can use one of these three residency programs. Yes, you can potentially eliminate taxes on all other foreign income by becoming a tax non-resident, but you have to apply for it properly or risk getting sucked into the tax system. Belgium holds a strong European presence. They are: The process for obtaining Belgium’s entrepreneur visa is not clearly defined. If you choose to work with us, our team and Belgian lawyer will personally accompany you to the bank meeting and assist in the setup. However, applying for the professional card and setting up a business in the country can lead to residency and citizenship. They must also be translated by a sworn translator into the language that is used by the municipality where you are applying for citizenship. The key requirements for Belgian Citizenship are: Permanent Residence status (card type B), legal presence in the country for at least five consecutive years (i.e. It is for someone willing to pay some taxes and not for someone expecting to pay zero. If you earn 75% or more of your income in Belgium, it may be to your advantage to pass on the tax non-resident status as you can opt for normal resident taxation and take certain personal tax deductions. If you qualify, you can obtain Belgian residence, complete the five-year naturalization timeline, and then apply for and obtain Belgian citizenship. That is the other downside to the program: because the requirements are not clearly defined, you are taking a five-year gamble that you aren’t doing it all wrong and risking rejection. As discussed, you can set up a branch or subsidiary, but we recommend setting up a new company. The investment must be into a Belgian local business or project which serves to create jobs or alternatively in a start-up Belgian enterprise. It is difficult. You will need to purchase a residence or pay rent in Belgium all five years prior to naturalization. The country is an open museum of renaissance architecture and art-nouveau buildings and is one of the safest, most peaceful countries in the world. Plus, many believe that french fries actually originated there and not France. … Honestly, if you want to get citizenship in the EU, Belgium is one of my top recommendations. The services are provided to an individual tax resident in Belgium in the framework of one’s business activity, a corporation, a taxpayer subject to the legal entities tax, or a Belgian establishment. Residency permit in Belgium.We are Delcroix and Associates guiding its clients to obtain european residency through an investment that should be done in Europe. We’ve listed the most relevant ones for Nomad Capitalists: This work permit will allow you to work for any employer and for any paid occupation for any amount of time. People get rejected. Brexit is Here. Yes, Belgium only requires that you spend a few months per year there to maintain your residency once you get it (so long as you spend at least some of your time elsewhere in Europe), but they do want to know that you are going to make a real contribution to the country before they let you in on something so good. Our clients are predominantly high net worth business investors. To qualify for the card, you must have a bachelor’s degree and an employment contract with a Belgian company that pays roughly €52,000. The Belgian programme is intended as an entrepreneur visa investment. They do not like foreigners. To do this, you will need to open a corporate bank account in Belgium. We’ll discuss the details of the long-stay visa later; for now, we’ll review the three main paths toward residency and eventual citizenship for Nomad Capitalists. Those who do have a chance of qualifying are individuals who can prove a special previous link with Belgium. The greatest advantage of obtaining the Belgian Residence permit as investor, that there is no minimum days to stay in Belgium. I am married in Belgium but I am Indian and my husband in Belgium so my file is rejected in Delhi Belgium embassy so pls help me, Your email address will not be published. If you are a successful person making good money, it may be worth it. If you live abroad or do not have a principal residence in Belgium, you can apply at a Belgian consulate. he Nomad Capitalist team has helped hundreds of people create and execute prolific offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of successWould you like to be next? Belgium’s openness is one of the reasons it has become the political core of the European Union. Belgium is a great country to live and for business. The potential employer must apply for the work permit on your behalf. Liaison with all local and government authorities, Submission of the application to the relevant government authorities, Advice and assistance when renewing your permit. It would basically be like a Georgian or Moldovan passport – not terrible, but not great. And even if you figure all of this out, there is always the chance that EU countries like Belgium will change their tax systems. In contrast to the many Golden Visa programs offered by EU countries, Belgium’s residency program is both less expensive and less defined. All the steps in between can be complicated if you do not know what you’re doing, so we’ve created this ultimate guide with all the information you need to determine if Belgian residency and citizenship are what you’re looking for. Your other alternative is to show that you have “significant means” to help yourself or have €1 million in the bank. We offer advice and assistance with the application from start to finish. And, remember, Belgium’s definition of value is going to be higher than in a place like Armenia. However, if you do obtain a Professional Card, your spouse will be able to attain residency at the same time. Between processing fees, legal costs, property rental, and employees, you could spend as much as €150,000 in the first year, and roughly €500,000 during the five-year timeline toward qualifying for naturalization. Latvia was once touted as the best and easiest place in the EU to qualify for residency. The Nomad Capitalist team has helped hundreds of people create and execute prolific offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of successWould you like to be next? The regional municipalities operate the citizenship process, so you’ll need to consult your local municipality website to know which forms to fill out and which documents to present. However, consideration will be made for a qualifying business whose incorporation is conditional upon the attainment of permanent residence … How to Get Residency in Belgium Start a Company. On top of that, Belgium is a US visa waiver country – a rare thing indeed – and offers visa-free access to the entire Schengen Area. It got a perfect score on perception, dual citizenship, and freedom, a 30/50 on taxes (although leaving the tax system is still easy enough for expats) and has visa-free access to 184 countries. Belgium offers migration scheme for foreign investors and entrepreneurs from non-EU countries that wish to relocate to Belgium and do business there. High net worth individuals willing and able to make an investment into a local Belgian business. Technically, this step begins before you arrive in Belgium, but it is finalized only after arriving and registering your address. If Bulgaria didn’t have the European Union, do you think it would have any visa-free travel at all? Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Required fields are marked *. This is not a passport where you just show up for two days, drops some money in the bank and get a passport. Brussels, Antwerp, and Ghent all offer the amenities of big cities while the Medieval towns that dot the country offer up all the charm. Belgium citizenship Requirements : Belgium expects from their clients a minimum investment of € 400,000 or more. Benefits. This is the easiest route if your main reason for opening the company is for immigration purposes. Apply for citizenship after 5 yrs of residence in Belgium. No limitations on minimum stay a year. I speak with people all the time who think moving to the European Union will give them the same cost of living as moving to Georgia. Foreigners and non-EU persons can apply for residence permit under investor or business category, which usually involves in either forming a new belgium company with a office and provide employment. If you wish to be a shareholder instead of a director of the company, you will not need a Professional Card. I was in Brussels a couple of years ago on a Tuesday afternoon and the streets were full of people from all over the world. European citizenships and residencies can be a great foundation on which to build this type of life. The legal basis for the acquisition of a professional card in Belgium is the Act of 19 February 1965 regarding the exercise of self-employed professional activities by foreigners. This measure is designed to stop foreigners simply entering Belgium to find work, and an appeal against such a decision will not typically be granted. The entire Belgian education system is both affordable and of the highest quality, making Belgium a great place for Nomad Capitalists looking for a family-friendly home in Europe. Be prepared to present the following documents at different times during the application process: You will need to speak Dutch, German or French to qualify for Belgian citizenship. However, this option is largely only available to EU, EEA, and Swiss citizens. To show that your business is viable, your applicati… Initially you will be a … All documents should be translated into French or Dutch by a certified translator and legalized (and/or apostilled) in the country of origin. Belgium’s residency program is for someone willing to spend a decent amount of money on legal fees and who’s willing to plan ahead to do it right and not just go in halfcocked. Because of the caliber of their country, the Belgium government can be picky. Pls advise. There is no exact standard. It is only good for employment with the company that sponsors you and for the position they listed in the application. You should not apply for Belgian citizenship if you do not want to pay taxes or have a high cost of living. But even that can be kind of dicey. Everything is expensive and those costs build up over time. Most importantly, Belgium’s residency program is for someone willing and able to make an actual contribution to the economy. These cookies will be stored in your browser only with your consent. We’ll go over the details for obtaining this card in our step-by-step application process below. It should also be noted that, compared to the European Golden Visa programs, the rules for this route to residency are much less defined and the investment amount is considerably higher (usually around €1 million). If you switch employers or job position, you must apply for a new work permit and residence visa. This is the kind of minutia that we deal with every day here at Nomad Capitalist. The first one is awarded when moving to Belgium for work or study purposes as well as for starting a business or making an investment. In the future, I suspect that EU citizenship will involve some degree of a tax obligation no matter where you live. Almost 60% of the population speaks Dutch, 40% speak French, and a small community in the East Cantons speaks German. This can include previous professional activity, having family in Belgium, having studied in Belgium, or any other close connection to the country. If the European Union starts to crumble, do you really think those countries are going to stick around? You can acquire residency in Belgium by starting a small business with as little capital as €12,400 in paid-up capital in case you’re ready to employ at least one part-time employee. For that reason, people want to have it. Since most Nomad Capitalists choose to go the route of starting their own company, that is the process we will outline below. You must apply for the Belgian Work Permit A yourself. +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. A structured guide to business immigration laws in Belgium. Belgium does not have an investment program per se. If you are already an EU citizen, it’s hard to imagine why you would need a Belgian residence because you can live in Belgium full-time with your other EU citizenship. As is the case in many tax systems around the world, it’s all about how you present your story. It should also be noted that employees are only taxable in Belgium if the cost of their salary is paid by a Belgian company. You could go about finding a job the typical way, interviewing with various potential employers until you find the right fit. The municipality will then issue what is known as Appendix 15, which is basically an application for registration in the aliens’ register. If you fulfill the requirements and you have a principal residence in Belgium, you can apply at the counter of the Administrative Center in your local municipality without an appointment. If they have a foreign employer, they will only be taxed if they spend more than 183 days in Belgium. But I’m not going to take it on until I’m ready to commit and add value. I recently told a client that he could live in Hungary full-time for the next eight years and never be naturalized. In Belgium, the corporate tax rate is roughly 30% (but will be reduced to 25% in 2020), depending on how you structure it. Ultimately, the residency did not work out for my personal offshore plan, but it is a program that I have helped many clients successfully complete since then. PORTUGAL Belgium: Residency Through Business Business Start-Up Visa. As desirable as a Belgian passport may be, it might not be worth the drawbacks that come with Belgian citizenship. It is mandatory to procure user consent prior to running these cookies on your website. The processes and costs for … I hear horror stories all the time about the bureaucracy from people who try to go it alone. And, even though Belgium has high taxes, they maintain a level head, running budget deficits in the low single digits. Over the years, I’ve discovered that there are several key characteristics of the ideal candidate for this program. Individuals who wish to obtain residency in Belgium should know that this is divided into two categories: temporary and permanent. Regardless of which path you take, the first step is to apply for a long-stay visa and then to apply for Belgian residency once you are in the country. Belgium has implemented measures to reduce the spread of the virus and allow Belgium’s healthcare system to continue to respond to cases of COVID-19. You will need to renew your residence card and Professional Card after the first two years and then every year until the fifth year when you apply for citizenship. Belgium’s pro-immigrant stance means that, theoretically, it will be much easier to be naturalized. They must be certified by the authority that issued the documents and legalized by the Belgian embassy or consulate. Non-EU nationals who want to go this route will find that it is very difficult, if not next to impossible, to gain Belgian residency through proof of “sufficient” means. The second path toward residency in Belgium is to get a job. The card is good for two years and can be renewed based on proof of business activity. They can also include their spouse and children in the application. We have to read the tea leaves so that we can navigate the unknown details of these programs with finesse. Permanent Residency In Belgium for 3 years You do need to maintain an address and keep your residency up to date. You do not need to live there full time but you do need to have an accommodation in Belgium that is registered to City Hall for all five years and show that you have spent time in the country. You should also plan for several costs during the first year of operations. Belgian real estate and financial investments will also be considered taxable income no matter your tax resident status. They want real businesses. But if you are trying to find a cheap shortcut into the EU, this isn’t it. They have to apply for a residence permit in an investor or business category. Note: From June 2019, startup capital will no longer exist. While the timeline toward citizenship has increased in recent years, the cost to obtain a residence permit in Belgium has gone down. It will take anywhere from five to eight months to process an application in Brussels, for example, but could take much less time in another municipality if there are fewer applicants. The steps are as follows: As explained above, anyone planning to obtain a Belgian residency must first apply for a temporary residence, also known as a long-stay visa. Once you receive your Professional Card, you can apply for a D visa, which allows you to reside in Belgium for the two-year duration of your Professional Card. Potentially not a lot, but if you don’t get it just right, they might not naturalize you. Tier A countries want you to add real value to their society and economy before they’ll ever consider giving you citizenship. Once your residence is confirmed by a police check, you will be registered and receive a national number. This includes paying taxes on that business. But here’s what it all boils down: if you want to be a solid candidate for Belgian residency, you need to add value to their economy. High-quality healthcare is provided on a national level. Foreigners with another nationality may need a visa. 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