• 10 GOOD REASONS TO CHOOSE LUXEMBOURG

    Are you looking for a great place to launch or scale up your business in Europe?
    We believe that Luxembourg is a strong choice.

    Here are our 10 good reasons why.

  • INCLUSIVE AND MULTICULTURAL

    #2 most inclusive economy in the world (WEF Inclusive Growth and Development Report 2017)

    #3 most attractive city in the world (2021 Global 150 Cities Index)

    #5 best country to raise a family (Asher & Lyric website, 2020)

     

    Luxembourg has the most international population in the EU (Statista 2021), which is highly multicultural, has amazing language skills and is highly educated.

     

    The pay gap between male and female workers is the lowest in Europe at 1.4% (Eurostat 2021).

     

    Luxembourg is home to over 180 different nationalities with 74% of the workforce being foreigners. This gives rise to a very vibrant cultural life including art, music, danse, theatre and much more (Luxembourg Trade & Invest). 

  • SAFE WITH A HIGH QUALITY OF LIFE

    #1 in the world for economy and job security (2021 Inter-Nations Expat Insider Survey)

    #3 safety and security (The Legatum Prosperity Index 2019)

    #9 access to healthcare in the world (The Legatum Prosperity Index 2019)

     

    Luxembourg shows robust growth and employment, high median living standards, strong environmental stewardship and low public debt.

     

    Luxembourg benefits from one of the best health systems in the world with over 95% of inhabitants being covered by health insurance. Residents also benefit from generous parental leave as a part of the family-friendly approach of the government.

     

    Nature is always very close at hand with unique and very diverse landscapes to explore.

  • YOUR GATEWAY TO EUROPE

    #1 in the world for trade openness (The World Bank 2020)

    #2 in the world for Market Access and Infrastructure (The Legatum Prosperity Index 2019)

    #5 Most global economy (KOF Globalisation Index 2020)

     

    Being home to one of the 4 institutional cities of the European Union, Luxembourg is one of the best countries for launching or expanding into a market of more than 500 million consumers that is built on free mobility of capital goods, services and labour.

     

    Luxembourg boasts a financial centre that is specialised in global and European cross-border activities, with a highly-developed legal and regulatory framework for international trade.

     

    A gateway for distribution, 60% of the EU’s GDP can be reached by a two-hour flight, with Luxembourg airport providing access to more than 100 different destinations and can also claim to be one of Europe's leading cargo hubs.

  • BUSINESS FRIENDLY

    Competitive corporate tax rates combined with favourable indirect labour costs, advantageous import and export regulations and an extensive network of double tax treaties.

     

    With its ease of access to public authorities and partners for quick decision making, Luxembourg is an excellent testbed for the development. launch and scaling of new products and services.

     

    Luxembourg boasts a vibrant start-up ecosystem with strong Cybersecurity, FinTech and MedTech ecosystems underpinned by many government supports and services.

     

    Luxembourg enjoys a large number of private and public-private incubators, co-working spaces and accelerators for the benefit of incoming companies. It also benefits from a streamlined administration process for company incorporation.

     

  • STABLE AND RELIABLE

    In times of political and economic uncertainty, a stable home

    base becomes increasingly valuable.

     

    Luxembourg ranks among the 10 most politically stable countries in the world (Countries Today 2019) with an open dialogue between business and government.

     

    Low inflation, consistent growth above the EU average and low government debt ratio have enabled Luxembourg to maintain its AAA-rated country by all credit rating agencies.

     

    Luxembourg has the 2nd highest labour productivity in the world (Conference Board Productivity Brief 2019) and a consistently low unemployment level.

     

    Luxembourg is also quickly becoming well-known as a stable and reliable data hub with recognised strengths in connectivity, data-processing and cybersecurity.

     

     

  • SKILLED & TALENTED MULTILINGUAL WORKFORCE

    #1 in the world for highly skilled employment (Statista 2021)

    #1 for average number of languages spoken by the population in any EU country with 3.6 languages on average (Eurobarometer)

    #3 in the world in 2021 for its ability to attract, develop and retain talent (IMD)

     

    A true knowledge-driven economy, Luxembourg attracts the best talent from across the world and offers a stable economy, safe jobs and a healthy work-life balance for all who work here.

     

    Many people in the workforce have valuable experience of working in international markets, providing an extensive choice to employers.

     

    Simplified work permit procedures implemented to encourage non-EU nationals to work and live in Luxembourg.

     

  • OUTSTANDING DIGITAL INFRASTRUCTURE

    #4 best connectivity in the EU (2021 Digital Economy and Society Index)

     

    Luxembourg benefits from a national cybersecurity centre, data lakes, top class research capabilities and a world-class infrastructure.

     

    This infrastructure includes 28 international fibre routes to main European hubs, 23 data centres including 9 with tier IV certification, nation-wide coverage of ultra-high-speed broadband (“Fibre to the Home”) providing 1 Gbps connections (100% coverage) and 5G mobile network rollout that is ongoing.

     

    The country welcomes companies that are looking to develop, test and geo-localise digital solutions in order to develop compliance in a safe and secure European environment.


    Luxembourg's HPC has been designed with a unique modular architecture in order to focus on the needs of its users, including companies in the Luxembourg ecosystem and, more specifically, SMEs and start-ups

     

  • EUROPEAN LOGISTICS HUB

    #7 most connected country in the world (DHL Global Connectedness Index 2020)

    #7 largest airfreight platform in Europe (Statista 2021)

    60% of the EU’s GDP can be reached within 1 trucking day (Luxembourg Airport)

     

    Central location in Europe coupled with excellent air, road, rail and waterway infrastructure.

     

    The country is continuously improving its positioning, especially for contract, air and rail freight-based logistics activities – and recently inaugurated the most modern inter-modal hub in the Benelux.

     

    Luxembourg Airport boast a GDP-certified Pharmaceuticals & Healthcare Centre plus a temperature-controlled environment for handling perishable goods.

  • INVESTMENT & INNOVATION INCENTIVES

    The following non-dilutive grants are available from the government to companies with sustainable activities in Luxembourg:

    • Research and development (R&D) projects and programmes

    • Feasibility studies (prior to an R&D project)

    • Innovation aids for small and medium-sized companies (SMEs)

    • Support for young innovative enterprises (must be less than 5 years old)

    • Grants for process and organisational innovation

     

    The Luxembourg Future Fund is a €150 million fund that invests in early stage innovative European technology SMEs

     

    As a member of the EU and City Nation, the pathway for up to €15 million in non-dilutive MedTech R&D and Innovation grants.

     

    Luxembourg Export Credit Agency (Office du Ducroire)

    offers support for Luxembourg-based companies when

    trading abroad.

     

  • RESEARCH CAPABILITIES

    The research-driven University of Luxembourg is ranked among the world’s top 20 young universities. Top-level research is conducted with its Interdisciplinary Centre for Security, Reliability

    and Trust (SnT), and the Luxembourg Centre for Systems Biomedicine (LCSB).

     

    The Luxembourg Institute of Science and Technology (LIST) is a research and technology organisation active in the fields of materials, environment and information technology.

     

    The Luxembourg Institute of Health is active in the fields of preventative medicine, digital health, precision health, immunobiological disorders, cancer and clinical research.

     

    The Luxembourg Space Agency also hosts research collaborations with founders from all over the world.

  • broken image

    JOIN THE LUXEMBOURG CALLING SPRING 2022 COHORT NOW

    This isn’t a regular accelerator OR incubator.

     

    We’re for the most purpose-driven people in the world, chasing the scale of product impact globally.

    All Posts
    ×
    Cookie Use
    We use cookies to ensure a smooth browsing experience. By continuing we assume you accept the use of cookies.
    Learn More