Life at Deloitte

About Luxembourg

Here are a few facts and figures to learn more about Luxembourg.

Facts & figures

Area: 2.586 km2

Border countries: Belgium in the West and the North, with Germany in the East and with France in the South

Total inhabitants: 549,680 inhabitants

Head of state: S.A.R. le Grand-Duc Henri

Head of government: Xavier Bettel, Prime minister

National language: Luxembourgish (Lëtzebuergesch)

Administrative languages: French, German and Luxembourgish

A central location and the gateway to Europe

Bordered by 3 countries (Germany, France and Belgium), Luxembourg has a privileged situation at the heart of Europe. On a historical side, Luxembourg is also a main actor of the European community. In 1952, Luxembourg was the host of the first European institution, the European Coal and Steel Community, whose initiator, Robert Schuman, was born in Luxembourg. The country was one of the six founding countries of the European Economic Community in 1957.

Today, the legal and financial operations of the European Union are headquartered in Luxembourg with more than 12,149 officials (EU commission/secretariat of the European Parliament/ European Courts of Justice/European Investment Bank/ European Court of Auditors/ European Translation Agency & the two European schools).

A multi-cultural environment

The Luxembourg lifestyle benefits from an exceptional multi-lingual and multi-cultural environment. 

The three official languages in Luxembourg are Luxembourgish, French and German. English is spoken in shops and administrations. A large community of expatriates comprising 170 nationalities has brought English as a common language to Luxembourg.

Out of 549.680 inhabitants (2014), around 44% foreigners live in the country. The main nationalities represented are Portuguese, French, Italian, Belgian and German. Another 150,100 workers commute daily from France, Belgium, and Germany.

A welcoming country

A high degree of security and stability

The country is truly a great and very safe place to live, to work, and to raise a family. Situated in the ‘Schengen Area’, the country benefits from a high degree of safety.

Key indicator : World’s top city for Personal Safety in 2013 (before Bern, Geneva, Helsinki and Zurich) (Mercer Personal Safety Ranking 2013)

An outstanding purchasing power

The country benefits from a high standard of living and an outstanding purchasing power (Luxembourg is ranked at the top of the EU countries).

Family benefits

A range of lucrative incentives and benefits are offered to people who work and raise a family in Luxembourg. For more information, visit www.cnpf.lu

A financial centre

The Grand Duchy of Luxembourg is a world financial centre, ranking second in terms of mutual and investment funds. A moderate tax regime, the absence of withholding tax on interest income, strict banking secrecy and prevention of anti-money laundering laws make Luxembourg attractive and competitive for banking services.

Some figures:

  • 150 banks of which 90% are foreigners 
  • 278 professional establishments of the financial sectors
  • 95 insurances companies
  • 12 European institutions
  • Centre of excellence for private banking and investment management
  • 2nd largest global leader for domiciled funds behind the United States

You want to know more? Click on these useful links.

General information
 
Cultural and touristic informations
 
Economy
  • www.abbl.lu  (Luxembourg bankers' association)
  • www.statec.lu (Statistical information about Luxembourg)
  • www.cc.lu (Chamber of Commerce of the Grand-Duchy of Luxembourg)
 
Gastronomy/Housing
 
Transportation of passengers
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