Belgium MRE: complete 2026 credit, banking, transfer and return guide

Chaabi Bank Belgium, Banque Populaire subsidiary, operates 6 branches in Belgium (Brussels Molenbeek, Schaerbeek, Anderlecht, Antwerp, Liège, Bruges). Registered with the National Bank of Belgium and authorized for all retail banking services. Key assets: dual EUR and MAD account (Chaabi Belgium + Banque Populaire Morocco), free internal transfers, Morocco mortgage decided in Belgium, international payment card accepted in Morocco. Attijariwafa Bank Europe also has branches in Brussels and Antwerp. For Belgium MRE who prefer staying with a Belgian bank (ING, KBC, BNP Paribas Fortis, Belfius), a simple parallel Moroccan bank account suffices, with Wise or SWIFT transfers depending on amounts.

The Belgium-Morocco 1972 tax treaty (renegotiated in 2007, in force since 2009) applies standard OECD principles: employment income taxed at place of exercise, property income at property location, dividends and interest shared with withholding at source. The Belgian-resident taxpayer must declare all worldwide income to SPF Finances and can deduct already-paid Moroccan tax (exemption with progression or tax credit depending on category). Belgium also mandates declaration of any foreign bank account to the BNB Central Contact Point (section 1 of IPP declaration) and any foreign real estate (theoretical cadastral income).