Luxembourg with a population of about 600 thousand people is considered one of the smallest countries in the world in terms of area. Landlocked, this Schengen country, surrounded by Germany, France, and Belgium, has nevertheless managed to become the seat of one of the three official capitals of the European Union and the seat of the European Court of Justice.
Investing in Luxembourg is profitable
If you are looking for a place to implement a revolutionary business idea or are planning the first international expansion of your company, we advise you to pay attention to Luxembourg. Luxembourg has historically enjoyed strong growth and low inflation, thanks largely to its incredibly competitive tax regime.
Despite its small size and population, Luxembourg is the second richest country in the world when measured by gross domestic product (GDP) per capita. According to experts,
Luxembourg may well become one of the most popular countries for starting or running small businesses thanks to, among other things, liberal legislation governing the registration of companies.
If at the time of application you have included your spouse and children in the documents, they will receive the same immigration status and residence card as you.
After obtaining permanent residence in Luxembourg and after seven years of residence in the country, you and your family can apply for citizenship.
Investment in Luxembourg – Program conditions
To obtain an investor residence permit, you must invest in a future or existing business in Luxembourg, in the future or existing investment management structure, or as a deposit with a financial institution (see below for details).
1. Invest at least EUR 500,000 in an existing company with its registered office in Luxembourg and pledging to hold it for at least 5 years (investments must be at least 75% of equity capital. 25% of investments can be borrowed within a minimum period of three years) or;
2. Invest at least 500,000 euros in a new business with its registered office in Luxembourg and at least 5 jobs that must be created within 3 years after starting the business. Recruitment must be carried out in cooperation with the National Agency for Employment (Agence pour le développement de l’emploi – ADEM) Concerning investments in existing or not yet established enterprises (investment of at least 500,000 euros), the company must or will have to engage in commercial, handicraft, industrial activities or;
3. Invest at least EUR 3 million (investments must be at least 75% of own funds. 25% of investments can be borrowed within a minimum period of 3 years) in a management and investment structure, existing or not yet established, with its registered office in Luxembourg or;
4. Invest at least EUR 20 million in the form of a deposit of funds in a financial institution in Luxembourg, and with the obligation to keep the said deposit for at least 5 years. Investments must consist of 100% of own funds. They can consist of cash or financial instruments deposited with a single financial institution. The investor can invest using his name or through the intermediary of a third party.
Watch also: Business visa in Luxembourg
Documentation
- Proof of investment or investment project;
- Recent color photo ID, 35x45mm;
- Certified copy of his / her valid passport, in full and ID;
- Birth certificate, marriage certificate;
- Certificate of no criminal record;
- Diploma;
- Medical insurance covering risks in Luxembourg;
- Motivation letter;
- Vaccination book for children under 16;
- School certificate for children under the age of 16;
- Registering your children at school;
- If the application is submitted by a third party, mandate/power of attorney.
