DOING BUSINESS IN LUXEMBOURG
Choosing the right location for Private Equity houses means taking into consideration many different factors: Luxembourg scores high on hard factors (like legal structures and tax efficiency), but should not be underestimated on soft factors (like financial expertise, business friendliness and accessibility).
A strategic position
One of the prime features of Luxembourg’s success is its geographical location.
Luxembourg profits from a strategic position at the crossroads of Europe, with direct rail, road and air routes to the largest European cities:
the TGV brings Paris within a 2 hour reach while Brussels is 2 hours away by standard train.
Direct flights connect Luxembourg to London, Paris, Amsterdam, Frankfurt, Berlin, Munich, Milan, Geneva, Zurich and Copenhagen and, taking the highway, Frankfurt, Cologne and Brussels are only 2 hours away.
London: 1 hour
Paris: 40 min
Brussels: 35 min
Zurich: 50 min
Milan: 1 hour
The Luxembourg labor market offers a pool of highly skilled and multilingual resources. With 173 nationalities represented, its workforce is truly international: out of every 10, 3 are foreign nationals and 4 commute from neighboring countries France, Germany and Belgium: this applies to 140,00 people who cross the borders on a daily basis to contribute to the skill-set available in Luxembourg.
Luxembourg offers an outstanding living standard. Besides having one of the world’s highest per capita gross domestic products (source: IMF), it is one of the top ranking countries in terms of Human Development, Quality of Life, Personal Safety and Corruption Perceptions indices.
Luxembourg ranks 5th in a recent Newsweek study, comparing the world’s best countries in terms of health, education, economy and politics.