With its 445 million consumers, the European Union is quite possibly one of the most appealing business sectors on the planet. However, what nation should organizations pick as their basis for growth and expansion in this united yet diverse market? There is much that speaks in favour of Luxembourg.
As an European Union (EU) founding member and a member of the Eurozone, Luxembourg offers timely access to the 27 EU countries, 19 of which use the same currency (euro).
Luxembourg, the gateway to do business in Europe
Its geographical location is outstanding. Luxembourg borders two of the EU’s central consumer markets, France and Germany, and it provides easy access to the main business and cultural centers in Europe. 60% of the EU’s GDP can be reached within a one-hour flight.
Luxembourg also has incredibly strong political, cultural, and business links with its neighbors. This trilingual country (Luxembourgish, German and French are official languages) offers a bridge between countries with rather distinct cultures and business approaches. Having a base in Luxembourg makes it easy for companies to gain a foothold in many places across Europe.
Luxembourg has always valued international cooperation and is in fact the 4th most undisputed economy in the world.
Its economy is strongly export-oriented, and as a prominent financial center specialised in global cross-border activities, it has a well-developed legal and regulatory framework for international trade.
With its diverse civilization, small size, and closeness to technological hotspots in Europe, Luxembourg is also an outstanding testbed for the development and commercialization of new products and services and a good place for doing product localization for various EU markets.
An Attractive Work Environment
With an energetic labor market that offers a variety of exciting job opportunities and highly competitive salaries, Luxembourg is one of the most outstanding places to work in Europe and an excellent location to build an international career.
Outstanding Digital Infrastructure
Luxembourg is presently one of the world’s leading countries in the field of information and communication technologies. The reason for this is its dominant determination to become a trusted data hub.
The country can rely on top-notch ICT infrastructures and a new High-Performance Computer to validate its attractiveness as an innovative and pioneering country in digital technologies.
Safety With A High Quality Of Life
As one of the safest countries on the planet, Luxembourg is a very pleasant place to live and build a business, thanks in particular to its top-notch health system, its attractive salaries, the beauty of its terrains, and its diversified cultural offering.
Investing in Europe can be better done when you invest through Luxembourg. If you want to invest in Luxembourg too, contact your Damalion expert now.
