Moderate costs (CPI: 67.9). Groceries (67.6) and restaurants (78.7) are moderately priced compared to major European cities.

Property prices average 6.1 years of household income, indicating an affordable market. The rental market (Rent Index: 22.1) is also relatively affordable.

A purchasing power index of 135.8 indicates excellent buying power compared to New York City.

Belgium has a progressive income tax system with rates ranging from 25% to 50% (2024 income year), plus communal taxes averaging 7%. The standard VAT rate is 21%, with reduced rates of 6% and 12%. Property taxes are regional, based on cadastral income, with effective rates between 18% and 50%.

Belgium's startup ecosystem is maturing and vibrant, ranked #23 globally in 2025. It benefits from strong government support and a strategic EU location. While company incorporation is streamlined, navigating the regulatory landscape can be complex.

Belgium offers a universal healthcare system, covering 99% of residents and highly rated for quality. The pension system is comprehensive, with state, occupational, and private pillars. Unemployment benefits are robust, though they will be limited to 24 months from 2026.

Deposits in Belgium are protected up to €100,000 (approx. USD 117,300) per depositor per bank under the EU Deposit Guarantee Scheme, managed by the Guarantee Fund for Financial Services. The banking sector demonstrated resilience in 2024 with solid solvency and liquidity, operating under strong National Bank of Belgium oversight.