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- The country’s excellent telecommunications, economic stability, and access to other European financial centres make working and living in Luxembourg an attractive proposition. The country’s history, culture, and high standards welcome expats — and these are only a few of its many attractive features.
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Aug 28, 2023 · Luxembourg is a small landlocked European country situated between France, Germany, and Belgium. Luxembourg is the second richest country in the world and is known for its finance industry. Currently, Google tells me that 47.9% of the Luxembourg population is foreigners/expats. It is very believable.
One of the most significant advantages of living in Luxembourg is its strong economy. As one of the wealthiest countries in the world, Luxembourg offers excellent job opportunities, particularly in sectors such as finance, law, and IT.
- High Quality of Living. According to international surveys and rankings, Luxembourg is among the top 20 countries which offer the highest quality of living worldwide.
- Attractive Employment Market. Working in Luxembourg has long been an attractive option for expats who want to benefit from the low unemployment rate, the low inflation, and the country’s solid growth, especially for those with a university education, trade qualification, specialist skills, and/or plenty of work experience.
- Fertile Business Environment. Luxembourg is the Second-Richest Country in the World in terms of GDP per capita after Qatar. While its diversified economy has long had strong manufacturing and financial sectors, it’s increasingly promoting itself as a technology hub and home to data centres.
- Multilingualism Is the Norm. Multilingualism is an important aspect of life in Luxembourg. Its heritage lies with the Romanic and Germanic ethnic groups which coexisted and heavily influenced the development of the country.
Luxembourg, despite its tiny size, is a truly cosmopolitan country, with more than 46% of the population consisting of foreign residents. There are more expats living in Luxembourg than in any other European country. Of Luxembourg’s roughly 571,000 inhabitants, about 100,000 live in Luxembourg City.
2 days ago · Why Luxembourg is rich, how much money it has, and how many billionaires live there? Find out how this small nation amassed considerable wealth and economic prosperity with Luxtoday.
- How rich is the average person in LuxembourgThe average person in Luxembourg is relatively wealthy. According to the OECD Better Life Index, the average household net-adjusted disposable inco...
- Do you get paid well in LuxembourgYes, you do get paid well in Luxembourg. The average salary in Luxembourg is 48,220 euros per year or 4,018 euros per month. This is considerably h...
- Why is Luxembourg one of the richest countries in the worldLuxembourg's wealth can be attributed to several key factors. First, the country has a thriving financial services sector and serves as a global hu...
Jan 1, 2024 · The approximate population of Luxembourg is 626,108 and the largest cities are Luxembourg City, Esch-sur-Alzette, Differdange, Dudelange, and Ettelbruck. The cons of living in Luxembourg include the high cost of living, the lack of affordable housing, and the limited job opportunities for expats.
Jul 5, 2023 · by Morgane Croissant Jul 5, 2023. One of the richest countries in the world is a small European nation that very few people put on their bucket list: Luxembourg. Or as it is officially known: The Grand Duchy of Luxembourg. The country of much less than one million inhabitants and smaller than 1,000 square miles, is a mysterious one for many.
