Luxembourg has a highly stable banking sector, and is the 2nd largest investment fund centre worldwide. Luxembourg places great emphasis on its banking sector, with financial services providing continuous support to the domestic economy. Investors are always treated with utmost respect with regards to their investment. Luxembourg also operates in an extremely strict realm with regards to the scope of its investments. This is no doubt an attractive feature for the many financial corporations who have set up premises there.
Luxembourg is an extremely open liberal market economy located in the heart of Europe. Its economy is flush with a plethora of multinational companies all who locate in this EU hub, packed due to its highly talented workforce, financial services sector, exceptionally modernised infrastructure and pro-business government attitude. As a founding member of the European Union, Luxembourg has always been a country and economy at the forefront of innovation, both in terms of its technological prowess, and in its willingness to try new things and embrace new sectors. The international appeal of the country is no doubt backed by the backgrounds of its workers, many of which are expats who have located there from numerous different countries. This has stimulated the economy and drove the country forward into the 21st century.
According to the OECD Quality of Life Index, Luxembourg ranks very highly in all domains, leading to its residents benefitting from an exceptionally high standard of living. This leads to many residents displaying a positive, “can do” outlook with regards to daily life. Overall, the peaceful setting and high quality of life lead citizens to have increased overall happiness.
As a key player in the European Union, viable transport options are plentiful in Luxembourg with a highly developed network of roads, many of which lead to the capital, appropriately named Luxembourg city. The country also has several prominent airports; all providing convenient connects throughout Europe and beyond.
