Real estate

How foreign property income is taxed for a Belgian resident — the treaty, exemption with progression, and where French SCPI income actually lands.

Real estate
French SCPI income and the Belgian resident: where it is taxed
An SCPI pays you French property income. Under the 1964 treaty it is taxed in France and exempt in Belgium with progression — with one real debate about whether Belgium might recharacterise part of it.
Written by Belfolio4 min read8 Aug 2026