Buying and selling gold made very difficult in Belgium!

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Gold, the safe haven?

One would think that buying gold is a perfect way to escape the banking system and take care of the safety of your money. In most countries that is indeed a fact. But not in Belgium, over here buying and selling gold has gotten so complicated and controlled that it is just not interesting anymore.

  • every buy and sale of gold coins and bars needs to be registered with your passport and the serial number of the bars or coins
  • all transactions need to be settled through a bank account, no cash transactions are allowed, not even for the smallest coin
  • gold bars by smaller melters, get a lower reputation and are bought and sold at substantially lower prices
  • on jewellery and watches, 21 % value added tax is paid

This all put together makes buying or selling gold extremely uninteresting and gets you almost certainly a tax control

Belgium, land of the free…

Sincerely,

Pele23

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7 comments
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België, het land waar ze u in de middenklasse duwen en ge er voor altijd in zult blijven :')

Een wereld van verschil met waar ik nu woon. Hier is de filosofie, als we mensen ondersteunen om kapitaalkrachtig te worden leggen ze later meer bij en wint iedereen

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Feit, waar woon je dan momenteel als ik vragen mag?

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Finland. Maar ik heb het gevoel dat het gezonde verstand in de meeste landen wel zegeviert.

Maarja, de meeste landen zien dan ook niet de zin van 3 bestuursniveaus te financieren ipv 1 😉

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