Living in Luxembourg
Luxembourg is a tiny country in Europe. Around 46% of the people living in Luxembourg are non-nationals. This makes the country a true cosmopolitan. With so many people from different backgrounds already living in the country, expats moving to the country won’t find settling in difficult at all.
Luxembourg shares its border with Belgium to the west and north, Germany to the east and France to the south. Luxembourg is known for its natural beauty and picturesque surroundings. Some people say, living in this country is almost like living in a fairytale of your own.
For getting a job in Luxembourg, knowing the English language is a great advantage. It is also the most in-demand skill in the job market.
Politics in Luxembourg
Luxembourg is a democracy, headed by a constitutional monarchy. Elections are held every five years. Citizens of the country volte to elect the Prime Minister and the President. The highest authority, however, is the Grand Duke. If, at all, he decides to dissolve the legislature, new elections must be held within three months. The Grand Duke was part of the Medieval Kingdom of Germany and the Holy Roman Empire.
Anyone who is a citizen of Luxembourg and above the age of 18 can vote in the elections. Expats living here can also register themselves for being able to vote in the elections. Read more about the precise rules here.
Economy of Luxembourg
Luxembourg has a fairly stable economy. Employment rates here are very stable too. In 2011, Luxembourg was considered to be the second richest country in the world.
The major industries contributing to the economy of Luxembourg are banking and finance, iron and steel, information technology, telecommunications, transportation, food processing and tourism.
The cost of living in Luxembourg is relatively high, compared to India and also USA. But the income tax is comparatively low. In fact, the income tax levied on citizens living and working in Luxembourg is the lowest in all of Europe. Learn more about the tax system of Luxembourg here.
Buying or Renting Property in Luxembourg
Property prices here are quite high. So is the demand.
For expats and foreigners, buying or renting property in Luxembourg is not very difficult. But renting a property is considered simpler. Most locals in this country prefer buying property rather than renting one.
If you are an expat moving to Luxembourg for a long term, it might make sense to buy property. If you’re moving there only for a couple of years, renting property is a better option.
For renting property, it is best to contact a real estate agent. You can also look for ‘house on rent’ ads in newspapers or online portals. For expats and foreigners, it is especially advisable to hire a real estate agent when renting or buying a property because it is good to have someone who knows the local language to help you out.
Learn more about renting and buying property in Luxembourg, here.
Visa and Immigration
Schools in Luxembourg
The quality of education in Luxembourg is considered to be one of the best in the world.
Education here is compulsory for children between the ages 4 to 16. Most schools here are run by the Government and education is free. The education structure is divided into pre-school, primary and secondary.
Expats usually prefer sending their children to an international school. However, if you are planning to stay in Luxembourg for a longer duration, you should consider sending your child to a local school. Here’s an article about Schooling of Foreign Children in Luxembourg that you might be interested in.
If you are moving for a short term and wish to enroll your child in an international school, here’s a list for you to choose from.
Weather in Luxembourg
The climate in Luxembourg is mild and temperate. Summers here are warm and mild. Winters are very cold and sometimes extreme.
The average temperature during summers is 17 degrees and during winters, it is normally 0 degrees. The average rainfall here is 75 cm.
Summers last from June to September. Winters are from November to March. And rainfall is usually in the months of March to July. Octobers usually experience clear sky and moderate temperature.
You can check the current weather of Luxembourg here.
Contact us for moving into or from Luxembourg
We specialize in International Moves and have over 3000 corporate clients worldwide.
Do read our Blog for tips and articles on how to make your moving experience smoother.