Belgium

Europe

Belgium

Belgium has prospered in the past half century as a modern, technologically-advanced European state. It is a founding member of the European Union and hosts the EU's headquarters, as well as those of several other major international organisations such as NATO. Belgium territory covers an area of 30,528 square kilometres (11,787 sq mi), and has a population of about 10.8 million people. Straddling the cultural boundary between Germanic and Latin Europe, Belgium is home to two main linguistic groups, the Dutch-speakers, mostly Flemish, and the French-speakers, mostly Walloons, plus a small group of German-speakers in eastern Wallonia. Tensions between the Dutch-speaking Flemish of the north and the French-speaking Walloons of the south have led, in recent years, to constitutional amendments granting these regions formal recognition and autonomy. The Brussels-Capital Region, officially bilingual, is a mostly French-speaking enclave within the Flemish Region. Belgium's linguistic diversity and related political and cultural conflicts are reflected in the political history and a complex system of government. Belgium comprises two regions, three communities and six different governments. The modern, private enterprise economy of Belgium has capitalised on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Belgium’s central geographic location and highly developed transport network have helped develop a well-diversified economy, with a broad mix of transport, services, manufacturing, and high tech. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. Belgium’s GDP grew by 1.6% in 2017, unemployment stood at 7.5%, and the budget deficit was 2.1% of GDP. The government has pledged to pursue a reform program to improve Belgium’s competitiveness, including changes to tax policy, labor market rules, and welfare benefits. These changes have generally made Belgian wages more competitive regionally. Belgium imports raw materials and semi-finished goods that are further processed and re-exported. Nonetheless, most traditional industrial sectors are represented in the economy, including steel, textiles, refining, chemicals, food processing, pharmaceuticals, automobiles, electronics, and machinery fabrication. Despite the heavy industrial component, services account for 74.9% of GDP, while agriculture accounts for only 1% of GDP.With exports equivalent to over two-thirds of GNP, Belgium depends heavily on world trade. Belgium 's trade advantages are derived from its central geographic location and a highly skilled, multilingual, and productive work force. One of the founding members of the European Community, Belgium strongly supports deepening the powers of the present-day European Union to integrate European economies further. About three-quarters of its trade is realised with other EU countries.

Access to teleco-Broadband

Mobile

Download: 48.64 Mbps

Upload: 16.39 Mbps

Rank: 14

Fixed broadband

Download: 70.59 mbps

Upload: 14.89 mbps

Rank: 31

Golden Visa “Investor visa”

Entrepreneur , Investor - All Business Sectors
$332660 - Five years - Belgium

Unlike many other countries in Europe Belgium offers a golden visa also known as “investor visa” program where applications are reviewed on a case by case basis. It is intended as an entrepreneur visa investment

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