Luxembourg has more to offer than business assets. It is a welcoming place to live and offers an exceptional range of advantages when it comes to quality of life.
Luxembourg City offers the vibrant, cosmopolitan atmosphere of a European capital and yet is only a few minutes away from sweeping forests, splendid views and picturesque historical sites.
At a cultural level, Luxembourg offers first-class theatre, music and cinema programs. A new philharmonic hall and a museum of modern art have just recently opened their doors.
Luxembourg regularly ranks among the world’s top cities for personal safety and security.
Located in the heart of Europe between Germany, France and Belgium, Luxembourg provides rapid access to numerous European destinations by air, rail and road. Many European capitals such as London, Paris or Amsterdam are just one hour away.
Luxembourg offers a wide range of international schools.
The aim of the favourable tax regime for expatriates is to increase the attractiveness of Luxembourg for expatriates. It targets highly qualified individuals who are required so that international companies can develop their activities. The special regime offers tax relief that mitigates the expenses related to relocation, such as house moving and housing costs (if the employee maintains his house in the home country), expenses related to the relocation back to the home country, some travel costs between the home country and Luxembourg, school fees as well as a lump sum to cover the cost of living adjustment (COLA). For the Luxembourg employer the expenses made are considered as tax deductible charges. For the highly qualified worker the expenses borne by the employer are not considered as an income.
Resolute European vocation
Luxembourg is a founding member of the European Union and home to numerous European Union institutions, i.a. the European Commission, the European Court of Justice, the European Investment Bank, the European Court of Auditors, the Translation Center for the Bodies of the EU, the European Patent Court and the Secretariat of the European Parliament.
The presence of these European institutions provides the benefits of international expertise to the country and its economy and involves Luxembourg closely in the European decision-making process.
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