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Asian cities top the list of the most expensive places to live in 2019: Hong Kong, Tokyo, Singapore and Seoul are on the first four places, followed by Zürich in Switzerland. Ranked 71th in 2018, Luxembourg is 84th this year – not necessarily an indication that costs here have gone down, but possibly that costs have increased more in other places.

Mercer’s study of the cost of living includes over 200 cities across the world. It is based on parameters such as the price of rent, food, transport, tobacco, services and health care. The objective is to demonstrate how currency fluctuation and shifts in the prices of goods and services can affect the purchasing power of expatriate employees.

Most expensive European cities

Three Swiss cities are considered as the most expensive in Europe. Zurich, Bern and Geneva. Copenhagen, London, Dublin, Milano, Paris, Vienna and Rome are also on the top 10 list. Luxembourg only just about makes it into the European top 20.

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“Efficient support, impressive open-mindedness”

09-07-2024

Japanese deeptech startup Thermalytica speaks about launching its innovative insulation technology from Luxembourg for European market expansion.
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Teraki opens Luxembourg office with plans to scale

03-07-2024

In April 2024, German Teraki registered a new office in Luxembourg, from where it plans to expedite market entry for AI-driven autonomous vehicle solutions.
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Exploring European business expansion at Nexus 2050

01-07-2024

Numerous international innovative companies attended tech event Nexus 2050 to discover opportunities for further European business expansion through Luxembourg.
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15 startups graduate from the Fit 4 Start #14 programme

28-06-2024

The 2024 Fit 4 Start Graduate Showcase, held at Luxexpo The Box alongside the Nexus 2050 event, celebrated 15 startups that successfully completed the 14th edition of the startup acceleration programme managed by Luxinnovation.
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Luxembourg's investor appeal surges

18-06-2024

72% of senior executives surveyed by EY plan to invest in Luxembourg within the next year. The country also remains the top destination for FDI projects per capita.
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