Foreign real estate now also taxed on the basis of cadastral income
Following several convictions by the European Court of Justice, Belgium recently changed its legislation on the taxation of foreign real estate.
The aim is to tax foreign real estate owned by Belgian residents in the same way as Belgian real estate, with the cadastral income (i.e. the deemed rental income) as taxable basis (“kadastraal inkomen” / “revenue cadastral”).

This article is also available in Dutch and French.
For the implementation, the competent authority within the Federal Public Service Finance will determine a cadastral income for foreign real estate owned by Belgian residents by March 2022. The relevant taxpayers will be contacted to collect the necessary information.
By taxing foreign real estate on the basis of the cadastral income, the overall tax burden for the Belgian taxpayer will in principle decrease.
We provide you with an overview of the changes made and a report on the current situation!
We will keep you informed of any further developments!
Saskia Lust
Partner Attorney at LawSaskia Lust is a partner in our Brussels office. She co-heads the Family Owned Business & Private Wealth Team in Belgium. She focuses on international asset structuring.
T: +32 2 700 10 27 E: saskia.lust@loyensloeff.comBarbara Albrecht
Senior associate Attorney at LawBarbara Albrecht, attorney at law, is a member of the Family Owned Business & Private Wealth Practice Group in our Brussels office.
T: +32 2 773 23 71 E: barbara.albrecht@loyensloeff.comStephanie van Gils
Associate Attorney at LawStephanie van Gils is a member of the Family Owned Business & Private Wealth Practice in our Brussels office.
T: +32 2 773 23 16 E: stephanie.van.gils@loyensloeff.comEléonore van der Loos
Associate Attorney at LawEléonore van der Loos, attorney at law, is a member of the Family Owned Business & Private Wealth Practice Group in our Brussels office.
T: +32 2 773 23 15 M: +32 4 77 70 68 50 E: eleonore.van.der.loos@loyensloeff.com