8 reasons to come and work in Luxembourg

Luxembourg is one of the safest and most desirable places to live in the world. It ranks consistently high in the quality-of-life indexes, especially for expats looking to work abroad.

Here we look at eight reasons why you should consider moving to work in Luxembourg.

1. Economic stability
Not only is Luxembourg a beautiful place to call home, but it also boasts a resilient economy with low unemployment rates and a strong GDP per capita. This job and market security is vital for expats who are thinking of uprooting their entire lives and moving there, as they can be sure of the stable environment for career growth and financial security.

2. Multilingual environment
Luxembourg is a very multi-lingual place to live, with Luxembourgish, French, German, and English widely spoken. As well as helping to attract talent from different countries, living here also ensures a very diverse and inclusive workplace. What’s more, professionals who are proficient in at least two of these languages can expect themselves to receive very solid job offers within their fields, as they are able to easily communicate and collaborate across international teams.

3. Booming financial sector
Luxembourg is known in Europe as a major hub for banking and finance, providing extensive opportunities for professionals seeking to advance their careers in areas such as asset management, private banking, and investment funds. With salaries within these sectors here being relatively high, top talent is being attracted from across the globe.

4. Abundant tax benefits
Luxembourg offers attractive tax incentives for expatriates, including a relatively low-income tax rate and various tax deductions, making it an appealing destination for skilled professionals looking to optimise their earnings. This is especially attractive for a European country, with most other countries in the region operating with high tax rates.

5. High quality of life
Luxembourg has world-class social, health, and educational systems, which are extremely attractive to professionals choosing to move here. What’s more, there is a strong emphasis in the country on wellbeing and work-life balance, something which translates across into the corporate world here.

6. International networking opportunities
Being a multi-lingual, multi-national country, networking in Luxembourg exposes professionals to a large array of internationally renowned businesses, institutions, and professionals. As the country is small, these networks can go a long way and help foster valuable, long-lasting connections, as well as ample opportunities for career advancement.

7. Strategically located
Situated right in the heart of Europe, it’s easy to travel to any of the other European business hubs from Luxembourg, serving as the ideal base for professionals to work with the rest of the region.

8. Advanced innovation and technology
Rapidly emerging as a hub for innovation and technology, the government in Luxembourg is dedicated to growing the economy within this space. Companies such as the Luxembourg Space Agency and Luxembourg House of Financial Technology (LHoFT) offer professionals exciting opportunities to contribute to cutting-edge projects and industries.

If working in Luxembourg sounds like a good fit for you and your career goals, reach out to one of our team members today.