Luxembourg : welcoming, vibrant, sophisticated
The Grand Duchy of Luxembourg is ranking among the top countries in the world in terms of quality of life. Classified as a Unesco World Heritage site, the capital captures the eyes and captivate the hearts.
The most sought-after areas such as Belair, Limpertsberg, Pétrusse or Merl are within walking distance to the city center with fancy restaurants, shops and art galleries. One can find here a variety of architectural styles from Belle Époque Villas and contemporary townhouses to historic loft conversions..
Luxembourg: the crossroads of Europe
One of Luxembourg’s main advantages is its geographical location. It sits in
the heart of Western Europe, between France, Belgium and Germany, in
close proximity to a number of large cities. Indeed, London, Paris, Brussels,
Amsterdam, Zürich and Berlin are all just one hour away by plane.
Luxembourg’s Findel airport is located 15 minutes from Luxembourg City center,making it possible to quickly reach over 60 destinations in Europe and North Africa. Several daily flights connect Luxembourg to London, Frankfurt and Paris, providing a quick and easy connection to Europe’s most important financial centers. The country has also efficient road and rail infrastructure and is well-connected to the large European hubs.
A favorable socio-economic context
As a constitutional monarchy with a particularly open economy, Luxembourg combines social and political stability with a relatively low rate of unemployment, multicultural workforce and strong government initiatives to diversify activities. This is demonstrated in the government’s active support of research projects and its investment incentive policies.
A home to 170 nationalities
The diverse origins of Luxembourg’s population make the country remarkably
unique. Almost 46% of Luxembourg residents are of foreign origin, accounting
for 258,700 people out of a total population of 563,000 (STATEC, estimate
on 1 January 2015).
One of the highest standards of living in the world
Although prices are fairly similar to those in neighboring countries (France, Belgium, Germany), income per capita is much higher in Luxembourg. Consequently, purchasing power parity in Luxembourg is among the highest in the world.
Advantageous tax system
Luxembourg’s tax system is particularly advantageous; income tax rates are among the lowest in Europe. The income tax system is based on 19 progressive brackets, with a maximum marginal tax rate of 40%. Since 1 January 2015, the minimum rate of VAT has been 17%, the lowest in the EU (compared to 18% in Malta, and 19% in Cyrus and Germany).
Moving to Luxembourg
Luxembourg is a small country where it is easy to contact the authorities.
Procedures are straightforward, particularly when it comes to obtaining
administrative documents. In a bid to further simplify administrative procedures,
Luxembourg has created a virtual one-stop-shop (www.guichet.lu) where you
can consult a wide array of information and carry out essential formalities.
Education
In addition to the importance given to languages instruction in the education
system, and the existence of numerous international schools on its territory,
Luxembourg presents the peculiarity of successfully integrating foreign pupils
and being very open to the teaching possibilities offered by nearby countries.
Health
Based on the values of solidarity, universal accessibility and equal opportunity,
the entire population is covered by the Luxembourg healthcare system
under Assurance Maladie (state health insurance). Patients are free to choose
their own provider and have direct access to specialist consultants.
Lifestyle
Luxembourg’s rich history, location at the heart of Europe, and
wealth of financial assets lend a positive influence on tourism, culture,
and leisure. In fact, Luxembourg has such a wealth and variety of
cultural activities that you can go out every day of the year.
More information
Download the brochure Living and working in Luxembourg
released by the Chamber of Commerce.
Download brochure