Belgium is located in Western Europe and bordered by France, the Netherlands, Germany, Luxembourg, and the North Sea. Although small, it is densely populated and has a population of about 11 million. With a highly developed economy, a skilled workforce and an ideal geographical location in the industrial heartland of Europe, Belgium has long been a centre of business and investment. It is possible for investors and entrepreneurs to acquire residency in Belgium, provided they make a significant investment.
Belgium is one of founding members of the European Union and is home to the European Commission, the Council of the European Union and the European Parliament. Belgium is also a member of the Eurozone, NATO, OECD and WTO, and a part of the trilateral Benelux Union, along with the Netherlands and Luxembourg. Belgium is also a part of the Schengen Area. Brussels, the capital of Belgium, hosts several of the EU’s official seats as well as the headquarters of major international organizations such as NATO.
Belgium also has an advanced and highly developed economy. Belgium has a high rate of GDP, high labour productivity and high exports per capita. Although Belgium is highly industrialised, the service sector accounts for the lion’s share of national product. Industries include engineering and metal products, motor vehicle assembly, transportation equipment, processed food and beverage, chemicals and others. By conventional measures, Belgium has a very high quality of life, and ranks above average in terms of income and wealth, work-life balance, housing, civic engagement, education and skills, subjective well-being, health status, jobs and earnings, and personal security.
Applicants and their families are then free to live and work in Belgium and avail of all the benefits of a high-income and high quality of life country. Residents may travel freely around the 26-member Schengen area and may qualify for citizenship after the required period of residence and subject to naturalisation conditions. Belgium truly is a wonderful second residency opportunity.