VAPZ / PLCI (Vrij Aanvullend Pensioen Zelfstandigen / Pension Libre Complémentaire pour Indépendants)
A VAPZ (Vrij Aanvullend Pensioen Zelfstandigen) / PLCI (Pension Libre Complémentaire pour Indépendants) is a pension savings formula in Belgium for self-employed. This post is my whining on this popular savings vehicle.
The heavenly country of zero capital gain taxes
We’re not talking about an imaginaire heavenly country here. We’re talking about Belgium. Is it the investors Walhalla? Hmm, not so fast, let’s calculate that.