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Tax & Residency

Close Belgian Brokerage

Bolero / Keytrade KESt, EUR wire.

Supplemental context for returnees — verify current rules with official sources. Watch source
Close Belgian brokerage after moving to India — Bolero exit.
Primary-source guidance for returning NRIs and families.
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The 60-second version

Belgian brokerage wind-down needs Bolero / Keytrade / Degroof Petercam liquidation, tax certificate, broker closure letter, and EUR remittance to NRE.

Précompte mobilier withheld — still export annual tax slip for India

Belgium withholds précompte mobilier on dividends and some gains — broker issues annual tax slip for Form 67 and Schedule FA.

Bolero / Keytrade closes after zero effectenrekening and address update to India.

Wire EUR to NRE; retain closure PDF for AD bank.

Belgium tax: Belgium return guide.

Belgian depot wind-down

AccountBE taxIndia reporting
Belgian sharesPrécompte + CG rulesSchedule FA + India CG check
BE ETFsWithholdingSchedule FA
US via BE brokerBE + USSchedule FA both
EUR cashNo CGWire to NRE
Pension EIPSeparateNot brokerage

Belgian brokerage close sequence

Step 1

Residency update

Notify broker of India address.

Step 2

Sell holdings

Liquidate effectenrekening.

Step 3

Tax slip

Annual broker tax certificate.

Step 4

Wire EUR

To NRE; SWIFT trail.

Step 5

Close depot

Written PDF confirmation.

Wind-down flow

Address India → Sell shares → Tax slip → EUR wire NRE → Close → Schedule FA
Keytrade Bank is separate entity from Bolero — close each held account.

Belgian broker export kit

  • Tax slip.
  • Trade CSV.
  • Closure email.
  • SWIFT receipt.
  • Address change proof.

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Quick visual

Close Belgian brokerage after moving to India — Bolero exit.
Belgian brokerage wind-down needs Bolero / Keytrade / Degroof Petercam liquidation, tax certificate, broker closure lett

Animated decision map

Close Belgian brokerage after moving to India — Bolero exit. Animated decision map.
The GIF shows the decision moving from broad question to documented action.

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Interactive checkpoint

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0 of 4 checked

Keep Bolero as India resident?

Schedule FA annually — most close.

Form 67?

Yes if same income taxed India same FY.

Dutch broker too?

See Dutch brokerage guide — separate.

US person FBAR?

Belgian accounts in USD 10k aggregate.

PEA Belgium?

Not applicable — Belgian retail depot rules differ from FR PEA.

Bank vs brokerage?

See Belgian bank guide for KBC/ING accounts.

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