Rankings that analyse the quality of life in different countries and cities are always popular. “The quality of life is probably not the first criterion that companies consider when deciding where to open new offices, but it is still important,” explains Luxinnovation’s Head of International Business Development, Jenny Hällen Hedberg. “Once they have found the ideal location from a business point of view, they need to look at how attractive it will be for staff transferred from the home office as well as for new recruits.”

Several studies highlight Luxembourg’s attractiveness. Luxembourg City ranks 3rd most attractive city in the 2021 Global 150 Cities Index, which identifies cities worldwide that have the ideal combination of high salaries, low taxes, reasonable costs and good quality of life. In spite of the country’s reputation of being rather expensive, it only ranks 63rd in Mercer’s 2021 Cost of Living City Ranking, well behind other European cities such as Copenhagen (16th), London (18th), Paris (33rd), Amsterdam (44th) and Brussels (53rd).

Safe and happy

Jenny Hällen Hedberg“Luxembourg is at the top of safe countries in the world and a great place to raise a family,” says Ms Hällen Hedberg. Mercer’s 2019 Quality of Living City Ranking named Luxembourg City the safest city in the world, and eebsite Asher & Lyric considers the country as the 5th best in the world to raise a family. It highlights, in particular, its generous paternity leave and number of paid vacation days as well as its affordable childcare, healthcare and education.

Transparency International ranks Luxembourg the 9th least corrupt country in the world, and points out that countries with little corruption invest more in health care, are better able to provide universal health coverage and are less likely to violate democratic norms and institutions or the rule of law. These factors might well have an influence on Luxembourg’s ranking by the World Happiness Report 2020 as the 8th happiest country in the world.

Ms Hällen Hedberg also points out that the county is interesting for people who want to see more of Europe. “With Luxembourg as a safe base, you can easily explore the rest of Europe: we are close to Paris, Brussels, the Alps, and so on. The geo-strategic location is highly important for business, but it also enhances the quality of your private life.”

Luxembourg news: Stay updated

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Mission to Latvia presents potential business opportunities


A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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How to succeed with your expansion into Europe: the experts’ top tips


Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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Fortress, history, identity


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University of Luxembourg ranks 4th worldwide for its high international outlook


The University of Luxembourg was ranked among the top 250 universities in the world in the Times Higher Education World University Rankings 2023. The multicultural and research-oriented university in Luxembourg, comprised of over 50% of foreign students, was ranked fourth in the world for its international outlook.
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Luxembourg bags world’s best in talent attraction twice in a row


Luxembourg’s reputation as the world’s top talent magnet has once again been acknowledged in the 2022 Global Talent Competitiveness Index. For the second year in a row, the Grand Duchy retained its no. 1 position for attracting talents and was ranked 11th out of 133 countries assessed in the index, making it one of the top performers globally.
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