How expatriate workers are taxed in Brussels, Belgium and what would be the cost of living for a single man?
apple asked:
I am about to get a job offer in Brussels, Belgium. I am an Information Technology consultant with five years of relative experience. I will be working for a bank in Brussles. I learnt that single earners are taxed 55.4% of their total income. Is that true? Are there any ways to save taxes? Can somebody please tell how much I would take home if the company offers me 35000 Euros per year? Also I would like to know the cost of living in Brussels city. I am a non-EU national.
Thanks for your answer ![]()
I will be signing in a new contract with the new Employer. All I fear now is about my savings after tax and living cost. I will talk to the HR department and get more details. Thanks again.
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Filed Under Belgium |
Tagged With Cost Of Living, Information Technology Consultant, New Contract
Comments
One Response to “How expatriate workers are taxed in Brussels, Belgium and what would be the cost of living for a single man?”
I cannot give a complete answer as I’m not a specialist and even a expert on this would need to know from which country you are, as the tax agreements between Belgium and your country can influence the taxes you pay and where you pay them.
Are you already working for an international bank and will you be detached to a Belgian branch of that firm? In that case you will be some kind of expat and can get lower Belgian taxes or even none. If not and you are coming to Belgium and sign a contract here and live here, then I am afraid you can be taxed as any other inhabitant of Belgium. Indeed that is around 50%
So, ask your (future) employer if you will be detached or expat, or just an ordinary inhabitant of Belgium working in Brussels. When you know this you can ask tax experts or ever the HR department of the bank in Brussels what will be the tax consequences.
Cost of living: depends where you live (in Brussels or 20km outside it), in a one room studio or a flat with a separate bedroom or even a house… If you want a clean and comfortable flat and rent it on your own you will easily pay € 750/month or more. If you want a nice house in the green outskirts of Brussels you have to pay up to € 2000.
Eating and drinking: if you buy smart and cook yourself that costs you € 200.