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“ I Feel Increasingly Like a Citizen of the World”

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“ I Feel Increasingly Like a Citizen of the World” expat Spring 2013 • n°1 timeEssential lifestyle and business insights for foreign nationals in Belgium INTERVIEW “ I feel increasingly like a citizen of the world” SCOTT BEARDSLEY Senior partner, McKinsey & Company IN THIS ISSUE Property for expats Yves Saint Laurent shines in Brussels The smart investor 001_001_ExpatsTime01_cover.indd 1 11/03/13 17:41 ING_Magazine_Gosselin_Mar2013.pdf 1 11/03/2013 14:53:19 001_001_ExpatsTime01_pubs.indd 1 11/03/13 17:48 Welcome to your magazine t’s a great pleasure for me to bring you the fi rst issue of Expat Time, the quarterly business and lifestyle maga- zine for foreign nationals in Belgium. Why a new magazine for the internationally mobile Icommunity in Belgium? Belgium already has several good English-language magazines for this demographic. However, from listening to our clients, we have realised that there is a keen interest in business and lifestyle matters that aren’t covered by the current expat magazine offer. Subjects like estate planning, pensions, property, work culture, starting a business in Belgium, investments and taxation are of real interest to you, but they don’t seem to be answered in full by any of the current English-language expat magazines. That is a long sentence full of dry business and investment content. It is, however, our commitment to bring a fresh and lively perspective to these subjects with the help of respected experts in the various fi elds. We will look not only at topics related to business in Belgium. The other half of Expat Time will be much lighter and devoted to lifestyle in Belgium: insights from expats in Belgium, a regular light-hearted feature on fundamental changes in the world, arts and culture, events and more. In this fi rst issue, we focus on property in Belgium, from both a private and commercial angle. For me, the most striking contribution is the interview with Scott Beardsley, senior part- ner at McKinsey and a long-term American expat in Belgium. The key message from me, though, is that Expat Time is your magazine, and we welcome your suggestions about lifestyle, business and investment issues that you’d like us to cover. Please send those suggestions to us at [email protected]. I hope to have stimulated your curiosity and wish you a pleas- ant and interesting read. Dave Deruytter Head of expatriates and non-residents ING Belgium ING Expat is also on Facebook: facebook.com/ingexpats expat time • Spring • 2013 • 3 003_003_ExpatTime01_edito.indd 3 11/03/13 17:53 VLERICK? A BUSINESS SCHOOL OFFERING WORLD-CLASS MANAGEMENT EDUCATION IN BRUSSELS Get inspired, boost your career and register now for 2 free workshops during the Experience Vlerick Days at: WWW.EXPERIENCEVLERICK.COM Hurry as places are limited! 001_001_ExpatsTime01_pubs.indd 1 11/03/13 17:46 IN THIS ISSUE GET CONNECTED AGENDA INTERVIEW 8 6 Four expats in Belgium 24 Cultural highlights tell us why they came to the around Belgium and beyond country Scott Beardsley INVESTING INTERVIEW at the table 26 What you should know 8 American Scott Beardsley about investing in art talks about business, Belgium and getting the right balance Expat Time sits down with the NEIGHBOURHOOD business leader to discuss his role FINANCE 30 Eat, drink, shop and sleep at the global consultancy firm Mc- around Brussels’ Boulevard de Kinsey, doing business in Belgium 14 The lowdown on inde- Waterloo and enjoying expat life pendent financial advice AND FINALLy… AGENDA 32 A sideways look back at 16 Our pick of upcoming the news culture in Brussels EXPAT LIFE FINANCE PROPERTY 18 33 Writer Derek Blyth’s take 18 Trends and forecasts in on life far from home real estate, with British expert Property in Rod Scrivener SPOTLIGHT Belgium 34 Focus on the YSL exhibition in Brussels Rod Scrivener of Jones Lang LaSalle gives his opinion on Photo credits the commercial and residential P 6 & 20 Debbie Quinn: Filip Van Roe P 26 Allard Bovenberg, Amsterdam, courtesy the property market in a country he P 15 Corbis artist and Xavier Hufkens, Brussels says is proving resilient P 16 Audrey Hepburn (2011), Vedovamazzei, P 28 Courtesy Roberto Polo Gallery A Palazzo gallery P 29 Antony Gormley courtesy White Cube/ING, P 17 Francis Bacon Untitled (Three figures) 1981, Anja Schrey courtesy ING Dublin City Gallery The Hugh Lane © The Estate P 30 Fondation Pierre Bergé – Yves Saint Laurent/ of Francis Bacon photo Luc Castel P 18 Corbis P 32 Corbis P 20-21 Equilis P 34 Both Fondation Pierre Bergé – Yves Saint INVESTING P25 Clockwise from top: Namur in May OPT/JP Laurent/photo A Guirkinger, left; photo Luc 26 Remy; Folkert de Jong, Infinite Silence; the way Castel, right things are, and how they became things, 2009 P 35 Fondation Pierre Bergé – Yves Saint Laurent/ The capital Aatjan Renders photo S Carre of art Colofon As Brussels becomes a Editor • Sarah Crew Expat Time is a publication from ING Bel- contemporary art hub, three Deputy editor • Sally Tipper gium SA/nv, Marnixlaan 24, 1000 Brussel, professionals share their views Art director • Tine Van Beurden Brussels RPM/RPR, VAT BE 0403.200.393 on appreciating and speculating Project coordinator • Thomas Buytaert and Ackroyd Publications NV Contributors • Emma Beddington • Derek Editorial • Content Connections on art Blyth • Katy Desmond • Katrien Lindemans • (department of Ackroyd NV) and ING Georgio Valentino Belgium SA/nv Cover • Scott Beardsley, by Bart Dewaele Publisher • Hans De Loore, Gossetlaan 30, Sales executive • Helena Vreedenburgh 1702 Groot-Bijgaarden Account executive • Evelyne Fregonese expat time • Spring • 2013 • 5 005_005_ExpatsTime_content.indd 5 11/03/13 17:54 Profiles • Get connected We asked four expats why they came to Belgium Arthur White “The family needed to move to have time together” “I’m an airline pilot and left the UK 12 years ago to work for DHL Arthur and Belinda are Aviation. Initially I commuted, but after three years I took a manage- British and have three children: ment role and my family joined me. We live in the village of Sart-Saint- Sophie, 10, is at the local francophone school, James, 13, Laurent, near Namur, where my wife, Belinda, breeds alpacas. I am attends the British School of now managing director of VLM Airlines and work at Antwerp airport Brussels and Alexandra, 18, is and also spend time at our Rotterdam offi ce. We like the educa- at university in the UK tion and health systems in Belgium and think it is a good place to bring up children. The beer is also a big positive! The downside is the traffi c on the Brussels ring, which adds at least an hour to my commute.” Debbie Quinn “I gave up a well- paid job in the Netherlands to set up a smallholding” “I moved to Geel in Flanders with my husband, Stuart, two years ago with the aim of being self-suffi cient. We previously lived in the Netherlands for 19 years, and Stuart works all over the world for the oil industry. I look after our The British couple’s smallholding: I have pigs, goats, sheep, chickens, turkeys two children live abroad. and rabbits, and I also run workshops. We like Belgium for Tim, 29, is working in its rural space, beautiful houses and friendly people. The England and Rhiannon, 23, is studying taxation disadvantage is that bureaucracy can be slow and organi- law at Tilburg University sations are not always client-friendly.” in the Netherlands 6 • Spring • 2013 • expat time 006_007_ExpatsTime01_community.indd 6 08/03/13 15:43 Giovanni Davite “I came to create an import-export business in the pharmaceutical sector” Giovanni is from Italy and Morag from Scotland. “I am a chemical engineer by training (having studied in Italy, Belgium They live in Rhode-Saint- Genèse and have two and the UK) and worked for 10 years in the oil industry. I have been sons aged 24 and 21. The involved in many business ventures over the past 15 years, including eldest is studying interior start-ups, and am co-owner of various businesses in Rwanda (import design in Vancouver and the youngest international and distribution of pharmaceutical and agro-veterinary products) and relations in Kingston-upon- Belgium (property investment). We have been here since 2001 and Thames, near London my wife, Morag, is a self-employed refl exologist. Belgium is a good country to live as an expat, but recent changes in taxation have made it less attractive.” Lara Allouni “When the family moved to Brussels, I was able to continue my career” “I am a director with PwC, a global professional services fi rm, based in Brussels. I work in the fi nancial services industry supporting strategic business develop- ment and market positioning across Europe, Africa, the Middle East and India. My husband, Ray, used to work for Procter & Gamble and was posted here seven years ago. You could call us a truly international family as Ray and I are both Syrian, I also have British nationality Lara and Ray have lived in Woluwe-Saint-Pierre since and Ray Canadian. Belgium is a nice and easy country arriving in Belgium. They to bring up a family and the gastronomy cannot be have two children, aged surpassed. It is also a country that allows you to travel 10 and fi ve, who attend the Lycée Français Jean Monnet easily to neighbouring countries.” in Uccle, following a bilingual English and French cur- riculum expat time • Spring • 2013 • 7 006_007_ExpatsTime01_community.indd 7 08/03/13 15:43 Interview • Scott Beardsley Balancing act By Katy Desmond Expat Time sits down with Scott Beardsley, senior Photos by Bart Dewaele partner at McKinsey & Company, to talk balance, business and Belgium 8 • Spring • 2013 • expat time 008_012_ExpatsTime01_ScottBeardsley.indd 8 08/03/13 15:43 cott Beardsley arrived in Brussels in 1991, transfer- ring from McKinsey & Company in New York to join the Brussels office.
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