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luxembourg flag Luxembourg

Introduction

Luxembourg is one of the smallest nations in the EU both in terms of land mass and population, however, economically the country is amongst the strongest in the world and attracts a number of extremely wealthy individuals due to the favourable tax regime. For this reason one could understand why there are more Michelin starred restaurants per person in Luxembourg than any other country.

The country is located between Germany, Belgium and France and is also known as the Grand Duchy of Luxembourg, which technically is an independent sovereign state. Over 30% of the population are foreign residents and the country plays a large role in determining European monetary policy.

There are no restrictions on foreigners buying property in the country and the house buying procedure is straightforward.

 

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