Living and working in Luxembourg

Questions? You’d better call Jacques.

Advice on everything you wanted to know about living and working in Luxembourg—from Jacques, our resident expert.

Jacques Bortuzzo

Luxembourg on your mind? No one could blame you; it really is a beautiful place to live and work. In fact, you’re not alone in your daydream. Thousands of people move to the Grand Duchy every year to take advantage of its charm and convenience.

If you’re considering Luxembourg as your new home, but have gotten lost in the information available, I am here to help you make sense of it all. So, stop your scrolling and ask me your questions directly.

Political stability

Political stability

Only 8 Prime Ministers since 1945

Financial security

Financial security

Deposit guarantee scheme helps protect bank deposits

International schools

International schools

Seven different international schools in Luxembourg

Why choose Luxembourg to live and work

People tell me that these factors are particularly important in their decision to relocate to Luxembourg.

Select a factor below to see how Luxembourg is leading the way.

  • Political stability ›
  • Education ›
  • Property market ›
  • Transport ›
  • Childcare ›
  • Leisure and culture ›

When it comes to stability, Luxembourg:

  1. has had only 8 Prime Ministers since 1945
  2. is rated top 3 for political stability and safety by the World Economic Forum

When it comes to education, Luxembourg:

  1. has a wide range of state-run, international, and European schools
  2. has 8 English language state-run schools
  3. provides a back to school allowance for every student from the age of six until the end of secondary school

When it comes to the property market, Luxembourg:

  1. has no special restrictions for foreign buyers
  2. has a high rate of home ownership, with 75% of people living in Luxembourg owning their properties
  3. has an average mortgage length of 20 years

When it comes to transport, Luxembourg:

  1. made all public transportation free from 1 March 2020
  2. has a country-wide network of cycle paths that span 600km, with plans to expand it to 950km
  3. has an extensive bus and train network covering the entire country

When it comes to childcare, Luxembourg:

  1. offers 20 weeks of maternity leave cover
  2. supports some of the costs of childcare through the CSA scheme
  3. provides a welfare allowance for every child

When it comes to leisure and culture, Luxembourg:

  1. has the highest concentration of Michelin star restaurants per capita in the world
  2. has many parks, gardens, and forests, with over one-fourth of the capital dedicated to green space
  3. has an annual summer fair, the Schueberfouer, which has been running since 1340

Frequently asked questions about living and working in Luxembourg

Here are the questions that we are asked most often about business in Luxembourg.

  • Does Luxembourg have a golden visa scheme?

    Yes, it does! Third-country nationals are granted a residence permit when they invest €0.5m in a Luxembourg company or €3m in a Luxembourg investment fund, or if they deposit €20m in a Luxembourg bank.

  • Is Luxembourg real estate expensive?

    The price of real estate depends on several factors including property size and location. In Luxembourg City, you’ll pay over €11,000 per square meter to buy an apartment, and if renting, €30 per square meter each month. However, prices fall as you move away from the capital. If you buy in the north, for example, the price per square meter can be as little as €4,000.

    Find out more about the rental market in Luxembourg here (PDF, 284KB).

  • Is there a Chinese school in Luxembourg?

    While Luxembourg doesn’t yet have a Chinese primary or secondary school, the Confucius Institute at the University of Luxembourg does hold regular language classes, including General Chinese, Chinese for Kids and even Chinese Calligraphy. Mandarin learners can take the main Chinese proficiency test, the HSK, at the Confucius Institute—the equivalent of the English TOEFL exam that allows non-natives to assess their proficiency.

    Aside from the Institute, Luxembourg also has its own China Cultural Center, which organizes art exhibitions, movie screenings, and other cultural activities throughout the year.

    Learn more about education in Luxembourg here (PDF, 88KB).

Contact Jacques

Jacques Bortuzzo

Director
KPMG Luxembourg
+352 22 51 51 5506
E-mail