Luxembourg

Luxembourg ranks first among all cities in the world in terms of the number of banks located in it.

About Country

    Continent

    Europe

    Capital

    Luxembourg

    Population

    625,978

    World share 

    0 %

    Land area

    2,590 km²

    Official Languages

    - French
    - German
    - Luxembourgish

    Unofficial Languages

    - English
    - Italian
    - Portuguese

    Currency

    EUR

    Economy rating

    60

    Economy GDP

    84,077 millions USD

    ВВП на человека

    134,313 USD

Democracy Index

8.68

Full
democracy

*

Electoral process and pluralism

10
10

Functioning of government

8.57
8.57

Political participation

6.67
6.67

Political culture

8.75
8.75

Civil liberties

9.71
9.71

    Crime Rate

    0.3

    Safe zone

    Unemployment

    6.5 %

    Normal unemployment

Expense and Salary

3.73

Middling

*

Average salary

8.72
8.72

Average expense

1.82
1.82

Average rent price

0.65
0.65

    Average salary

    6,125 USD

    Average expense

    1,063 USD

    Average rent price

    1,703 USD

Immigration

    Immigration difficulty

    Normal

    Recommended Savings

    16,594 USD

    Double citizenship

    Allowed

    Official site

    Immigration official website

    Compulsory exams

    Luxembourgish language exam (Sproochentest Lëtzebuergesch)

    Passport rating

    4 Amount of countries: 189

Immigration options

Immigration typeRequired TimeFee
Marriagefrom 2 to 10 weeks (paperwork)
5 years (for citizenship)
80 USD
Employeefrom 2 to 10 weeks (paperwork)
7 years (for citizenship)
120 USD
Family reunificationfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)
80 USD
Studentfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)
120 USD
Businessfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)
80 USD
Investmentsfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)
80 USD


Marriage

Immigration feeImmigration Time
80 USDfrom 2 to 10 weeks (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the marriage.
Additional Information:
When you marry a citizen of the country, you will be given a residence permit.
The marriage must be official.

Employee

Immigration feeImmigration Time
120 USDfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- An invitation from the employer;
- Work permit.
Additional Information:
When applying for employment in Luxembourg, we can apply for a residence permit.
An important condition is to find a job and conclude an agreement with the employer before moving to Luxembourg.
The company must submit a vacancy to the National Employment Agency. If there are no applicants from the EU within three weeks, the employer has the right to consider citizens from other countries.

Family reunification

Immigration feeImmigration Time
80 USDfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the relationship.
Additional Information:
Luxembourg's family reunification program offers a seamless pathway to obtaining permanent residency for eligible individuals.
If you are the spouse of a holder of a residency permit or permanent residency permit, or a citizen of the country, you, along with your children under the age of 21 and parents, have the right to join and reside in the picturesque Duchy.

Student

Immigration feeImmigration Time
120 USDfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the enrollment.
Additional Information:
Gaining entrance to a prestigious academic institution in Luxembourg comes with a temporary residence permit.
To secure a student visa, aspiring students must approach the immigration department with a formal request and submit the necessary documentation.
The residency permit remains valid for a period of one year, with the option for extension if necessary. An added benefit for enrolled students is the opportunity to earn additional income through part-time work, limited to a maximum of 40 hours per month, without obtaining special authorization.

Business

Immigration feeImmigration Time
80 USDfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Business plan;
- Documents confirming the opening of a business.
Additional Information:
Luxembourg's business-oriented permanent residency program offers a lucrative opportunity for individuals looking to invest in the country's economic growth.
There are three investment options available for registration, including a joint-stock company with a minimum starting capital of 31,000 euros (25% of which must be paid at the time of registration), a limited liability company with a starting capital of 2,500 euros (full payment required at the time of registration), and an investment company.
To establish a company, one must become a member of both the Chamber of Commerce and the Federation of Industrialists.

Investments

Immigration feeImmigration Time
80 USDfrom 2 to 10 weeks (paperwork)
7 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the investment.
Additional Information:
For those who seek a hassle-free and direct route to obtaining residency in Luxembourg, the direct investment program is a perfect option.
The minimum investment amount varies depending on the chosen method. Options include investing in a fund with an initial contribution of 3 million euros, making a deposit in the Bank of Luxembourg starting at 20 million euros for a period of 5 years with no option to withdraw, or investing in existing companies in need of funding, starting at 3 million euros

Taxes

The taxation system in Luxembourg is a complex and dynamic network of laws, regulations, and agreements designed to ensure that the country remains an attractive destination for businesses and individuals. The system is characterized by its low tax rates, favorable treatment of both businesses and individuals, and its transparent and predictable administration.

Luxembourg operates a territorial tax system, meaning that only income generated within its borders is subject to tax. This has made the country a popular location for multinational companies, which benefit from its low corporate tax rate of 17%. Furthermore, the country offers a number of tax incentives for individuals, including a flat tax rate of 24% for those with a taxable income of up to 200,000 euros.

Luxembourg's tax administration is also designed to be transparent and predictable, with clear laws and regulations in place to govern the tax system. The country has a well-developed infrastructure for tax administration and has signed a number of tax treaties with other countries to prevent double taxation. These agreements ensure that individuals and businesses are not subject to taxation in multiple jurisdictions, making it easier for them to operate in different countries.

In addition to its favorable tax rates and transparent administration, Luxembourg also has a wealth tax, which is levied on the net worth of individuals. However, the wealth tax has a number of exemptions, including the primary residence, which helps to ensure that it is not a burden on the country's citizens.

In conclusion, the taxation system in Luxembourg is a carefully crafted and well-designed system that balances the interests of businesses, individuals, and the government. The system has helped to establish Luxembourg as a major hub for international business and finance, attracting companies and individuals from all over the world.

Education

The education system in Luxembourg is widely regarded as one of the best in Europe, offering high-quality education to its citizens and residents. The system is based on a comprehensive approach, with a strong emphasis on both academic and vocational education.

Luxembourg offers a range of educational options, including public and private schools, as well as universities and vocational training programs. The country's public schools are highly regarded, offering a comprehensive curriculum in subjects such as mathematics, science, languages, and the arts. In addition, Luxembourg's public schools place a strong emphasis on language education, with students required to study at least two foreign languages.

In terms of higher education, Luxembourg offers a number of universities and vocational training programs, providing students with a range of options to pursue their academic and career goals. The country is home to several world-class universities, including the University of Luxembourg, which is known for its research in areas such as computer science, environmental science, and social sciences.

Luxembourg's education system also places a strong emphasis on practical, hands-on training, providing students with the skills and experience needed to succeed in the modern workforce. The country has a well-developed network of vocational training programs, including apprenticeships and internships, which provide students with real-world experience in their chosen fields.

In terms of accessibility, the education system in Luxembourg is considered to be one of the most accessible in Europe. The country offers a range of financial assistance programs, including scholarships and grants, to help students access education, regardless of their financial situation.

In conclusion, the education system in Luxembourg is a comprehensive and well-designed system, offering high-quality education to its citizens and residents. With a strong emphasis on academic and vocational education, practical training, and accessibility, the education system in Luxembourg is well-equipped to meet the needs of the modern workforce.

Healthcare

The healthcare system in Luxembourg is renowned for its high quality, accessibility, and affordability. It is considered one of the best healthcare systems in Europe, providing comprehensive and effective medical services to its citizens and residents.

Luxembourg's healthcare system is based on a social insurance model, in which individuals contribute to a national insurance fund, which is used to finance healthcare services. All citizens and residents are required to have health insurance coverage, and in return, they are entitled to a wide range of medical services, including hospital care, prescription drugs, and preventive health services.

One of the key features of the Luxembourg healthcare system is its focus on preventative medicine. The government invests heavily in public health initiatives, such as vaccination programs, health education campaigns, and lifestyle promotion programs, aimed at reducing the risk of chronic diseases and improving overall health and wellness.

Luxembourg's healthcare system is also well-equipped with modern medical facilities, including hospitals, clinics, and specialist medical centers. The country has a large and well-trained medical workforce, including doctors, nurses, and other healthcare professionals, who work together to provide the highest standards of care.

In terms of affordability, the Luxembourg healthcare system is considered one of the most affordable in Europe. Patients are required to pay small co-payments for medical services, but these fees are offset by the comprehensive coverage provided by the national insurance fund.

In conclusion, the healthcare system in Luxembourg is a world-class system that provides comprehensive, high-quality medical services to its citizens and residents. The focus on preventative medicine, modern medical facilities, and highly trained medical workforce, combined with its affordability, make the Luxembourg healthcare system one of the best in Europe.

Climate

Luxembourg is a small country located in the heart of Europe, and its climate can be characterized as temperate and mild. The country has four distinct seasons, with warm summers, cool springs and autumns, and relatively mild winters.

One of the key features of Luxembourg's climate is its moderate rainfall, which is distributed fairly evenly throughout the year. This helps to maintain a lush and verdant landscape, with rolling hills and forested valleys. The country is particularly known for its rolling hills and the beautiful countryside, which is dotted with vineyards and medieval castles.

Another aspect of Luxembourg's climate is its relatively mild winters, which are characterized by cool temperatures, occasional snow, and occasional frost. Despite the mild temperatures, the country does experience periods of snow and ice, which can make for some picturesque winter landscapes.

In the summer months, Luxembourg is blessed with warm and sunny weather, with temperatures often reaching 20 - 30 C. During this time, the country is a popular destination for outdoor activities, such as hiking, cycling, and fishing, as well as cultural and historic events.

In terms of environmental protection, Luxembourg has a strong commitment to sustainability and reducing its carbon footprint. The country is investing heavily in renewable energy and energy efficiency, with a goal of achieving carbon neutrality by 2050.

The climate in Luxembourg is temperate and mild, with moderate rainfall, moderate winters, and warm summers. The country's verdant landscape and commitment to sustainability make it a popular destination for outdoor enthusiasts and nature lovers. Whether you're looking for scenic beauty or an opportunity to explore the great outdoors, Luxembourg is the perfect destination for those seeking a unique and unforgettable experience.

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