This strategy, under Deputy Prime Minister and Minister of the Economy Étienne Schneider, is based on a strong vision – one that best showcases Luxembourg’s innovative and diversified economy and is grounded in Luxembourg’s longstanding specific attitude that gives the country its dynamic character. The “Luxembourg way of doing things” is characterised by pragmatism, an ability to adapt, the commitment to constant improvement as well as a tremendous talent to build  partnerships in mutual respect.

The promotion of the Luxembourg economy and international prospection is led by Luxembourg’s Trade and Investment Board which falls under the Honorary Chairmanship of HRH the Hereditary Grand Duke and is chaired by the Minister of the Economy. The recent economic reform strategy was a unified and cooperative effort with input from many players, including Luxinnovation and the Chamber of Commerce. In the end we are all working to promote Luxembourg.

All the players together will sharpen Luxembourg’s efforts to promote the country abroad under the new signature “Luxembourg. Let’s make it happen.” This reflects a strong brand image via a unified effort of Luxembourg as a “smart location” for high-performance companies and industries.

Gateway to Europe and beyond

Luxembourg is a gateway to Europe, business friendly, stable and reliable. It has a very attractive work environment with a skilled and talented multilingual workforce. The country’s excellent infrastructure and connectivity provide a world class foundation for modern business.

By identifying relevant foreign investors on the basis of focused and sector-specific market intelligence, Luxembourg  attracts businesses that bring real benefits to the national economy while focusing on key sectors like ICT, logistics, life sciences, space, automotive as well as materials and production technologies.

While strengthening investor care, our refined economic strategy furthermore emphasizes investors’ easy access to decision makers that has always been a major asset for the Grand Duchy to attract business to Luxembourg and allow it to grow successfully in a sustainable manner. A wide range of tools is available to encourage and support Luxembourg-based companies of all sizes and sectors when engaging in international business or expanding into more “traditional” markets in neighbouring regions.

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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


Art and history lovers can find their heart’s desire in Luxembourg City by walking along the so-called MuseumSmile, which is home to no less than seven museums.
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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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Luxembourg’s AAA credit rating affirmed by Fitch and Scope


Luxembourg retained its AAA rating with a stable outlook in the most recent Fitch and Scope ratings. Both credit rating agencies based their conclusions on Luxembourg’s high economic resilience, good governance indices, and robust public finances. Key takeaways from the rating agencies’ evaluation are detailed below.
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