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Jo Vanbelle: the government’s new measures for Belgian property

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We are pleased to share with you an article written by Maître Jo Vanbelle, founding partner of Vanbelle Law Boutique. A respected figure in the legal field, Maître Vanbelle took the initiative in creating, developing and coordinating VB Alliance, a collaboration between carefully selected independent service providers, including Christie’s International Real Estate Belgium.

The new federal government and the real estate sector: what changes are on the horizon?

In this insightful analysis, Jo Vanbelle gives us his observations on the Belgian government’s new measures and their potential impact on the property sector. His expertise gives us a perspective on the regulatory developments that will shape our market in the years ahead.

The new federal government aims to transform the property sector through a series of ambitious measures. The emphasis is on creating a greener, more transparent and more efficient environment for property transactions and developments.

Key initiatives include efforts to streamline, and in some cases eliminate, outdated tax regimes that currently burden the sector, while introducing consumer protections to ensure fair practices. These measures are designed to foster a more sustainable and robust property market, one that not only benefits investors and homeowners, but also contributes to wider environmental and economic goals.

Click here or on the image below for a comprehensive overview of these initiatives and measures, to be read in a detailed presentation on the coalition agreement.

At the same time, the construction sector is also under the spotlight. The government is expected to implement a number of new measures aimed at reducing undeclared work and combating social fraud, which have long been challenges in the sector. This renewed regulatory focus promises to improve labour standards and promote transparency, ensuring that the sector operates on a level playing field. While the full impact of these measures remains to be seen, they represent a significant step forward in modernising the industry and protecting the interests of all stakeholders.

Source: Vanbelle Law Boutique (read the original article here)

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