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
| Account | BE tax | India reporting |
|---|---|---|
| Belgian shares | Précompte + CG rules | Schedule FA + India CG check |
| BE ETFs | Withholding | Schedule FA |
| US via BE broker | BE + US | Schedule FA both |
| EUR cash | No CG | Wire to NRE |
| Pension EIP | Separate | Not brokerage |
Belgian brokerage close sequence
Residency update
Notify broker of India address.
Sell holdings
Liquidate effectenrekening.
Tax slip
Annual broker tax certificate.
Wire EUR
To NRE; SWIFT trail.
Close depot
Written PDF confirmation.
Wind-down flow
Belgian broker export kit
- Tax slip.
- Trade CSV.
- Closure email.
- SWIFT receipt.
- Address change proof.
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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.
Your tax year is already running.
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