Dear MMM community,
I have recently moved to Belgium and I'm now familiarizing myself with the investment opportunities. Can some kind soul who knows the system better than me give me a pointer on those two questions:
1. What is a low-cost broker in Belgium to invest ca. 1.5k/month in ETFs? I saw that other Mustachians are using Binck, but paying 8 Euro per 2500 Euro investment doesn't seem overly cheap to me (coming from Germany where you pay 0-3 Euro for a similar amount). I prefer a Belgian broker to a foreign broker because I hope it is more hassle free in terms of taxes.
2. On the Bogleheads wiki ("Investing in Belgium") I read that dividends are taxed 30%, but accumulating funds don't tax the re-invested dividends and capital gains are also not taxable (when the fund is held for more than 6 month). Is that still true? It seems incredible to me that capital gains are not taxed, when labour is taxed so heavily here (am I missing something?). Therefore an Irish, accumulating ETF seems to be the best choice for Belgian investors...?
Thankful for any feedback :)