Countries Available - Luxembourg

Luxembourg

IFAs who relocate to Luxembourg are likely to be very pleasantly surprised that this diminutive nation offers a virtual goldmine of opportunities – both in monetary and non-monetary terms.

Luxembourg is a small landlocked country in Western Europe, bordered by France, Germany, and Belgium. The world’s only ‘Grand Duchy’ (i.e. one that has a Grand Duke or Grand Duchess as head of state), Luxembourg is the second-smallest country in the European Union, larger only than Malta.

The country houses a population of less than a half million people in an area of about 2,500 square kilometers.

Ruled by a Grand Duke, Luxembourg is a legislative representative democracy. The nation was a founding member of the European Union, NATO, the United Nations, and the Western European Union. The country is trilingual; French, German, and Luxembourgish are official languages. English is also widely spoken there.

Key points about Luxembourg

1. Highest GDP in the world
2. Average wage 82k
3. Officially 4th best place to live in the world
4. The safest country in Europe
5. 2/3 rd the population expat
6. Extremely high standard of living
7. Lowest level of higher rate tax in Europe

Other highlights:

• More Michelin star restaurants per head than any country in the world
• Centrally located in Europe for ease of travel
• Good reliable and cheap public transport systems making travelling with Luxembourg easy
• Multilingual country – French, German, Luxembourgish and English
• Good expatriate schools
• Good place to raise children – family orientated
• Banking capital of Europe with over 155 banks 23,000 employees
• European head offices and logistical Hub
• High tech telecoms and media companies
• The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products with the world's leading steel company Arcelor-Mittal also being headquartered in Luxembourg
• European Bank, EU commission, EU courts of Justice and 75% of EU Investment bank are based in Luxembourg
• Every day 250,000 Expats commute into Luxembourg
• Europe’s leading BIO-TECH research program

For further information about Luxembourg we recommend that you visit http://en.wikipedia.org/wiki/Luxembourg where you will find many useful links and informative articles to prepare you for your move.