BELGIUM HOME LOAN FOR FOREIGNER
In Belgium, a mortgage for a foreigner non-resident is a home loan granted by Belgian banks to individuals who do not live in Belgium but wish to purchase property there, either for investment, holiday use, or as a future residence.
Many foreigners are eager to invest in Belgian real estate because the country offers a stable property market, relatively moderate housing prices compared to neighboring countries, and a strong rental demand, especially in major cities like Brussels, Antwerp, and Ghent.
Belgium’s strategic location at the heart of Europe, hosting EU institutions, NATO, and multinational headquarters, makes real estate a reliable long-term investment with consistent rental yields and appreciation potential.
Additionally, the legal and financial framework in Belgium is transparent and foreigner-friendly, meaning non-residents face very few ownership restrictions, which encourages international buyers to see Belgian property as a safe and profitable investment.
Is it possible for a non-resident to obtain a mortgage in Belgium ?
Yes ✅ — it is possible for a non-resident foreigner to obtain a mortgage in Belgium, but the conditions are more restrictive than for residents.
- Down payment: Non-residents are usually asked to contribute at least 30–40% of the property’s value, since banks finance only 60–70% for this profile (vs. up to 90% for locals).
- Income requirements: You must show stable and sufficient income abroad (salary slips, tax returns, bank statements), and banks apply the same debt-to-income limit as for Belgians (monthly loan repayments ≤ 30–35% of net income).
- Documentation: Foreign borrowers must provide passport/ID, proof of income, credit history, and sometimes proof of ties to Belgium (such as a local bank account).
- Insurance & guarantees: Belgian banks often require life insurance and property insurance, and sometimes additional guarantees, since enforcing repayment across borders is riskier.