Luxembourg

Luxembourg

Luxembourg, officially the Grand Duchy of Luxembourg, is a small landlocked country in Western Europe. It shares borders with Belgium to the west and north, France to the south, and Germany to the east. Despite its small size, Luxembourg is known for its strong economy, political stability, and status as a major financial and administrative hub in Europe.

The country covers an area of approximately 2,586 square kilometres and has a population of around 660,000 people. Luxembourg is famous for its high standard of living, multilingual population, and vibrant international community.

Key Country Information

  • Capital City: Luxembourg City

  • Head of State (Grand Duke): Henri

  • Head of Government (Prime Minister): Xavier Bettel

  • Official Languages: Luxembourgish, French, German

  • Currency: Euro (EUR)

  • International Dialing Code: +352

Population and Economy

As of 2024, Luxembourg has an estimated population of 660,000. The country has a highly developed economy, with major sectors including banking, finance, information technology, logistics, and services.

Luxembourg is one of the wealthiest countries in the world in terms of GDP per capita and is a major center for European institutions, multinational companies, and cross-border workers.

European Union and Schengen Status

Luxembourg is fully integrated into European frameworks:

  • EU Member State since: 1958 (founding member of the European Economic Community)

  • Euro Area Member since: 1999 (cash introduced in 2002)

  • Schengen Area Member since: 1995

Luxembourg uses the euro as its official currency and participates in the Schengen Area, allowing passport-free travel across most European countries.

Living and Working in Luxembourg

Luxembourg is an attractive destination for foreign workers due to:

  • Strong demand for professionals in finance, IT, engineering, and administration

  • High wages and excellent quality of life

  • Multilingual environment and international work culture

  • EU labor protections and social benefits

EU/EEA citizens can live and work in Luxembourg without a permit. Non-EU citizens generally require a residence and work permit, typically tied to a specific employer or job.

Summary

Luxembourg is a small but economically powerful Western European country with strong EU, Eurozone, and Schengen integration. Its financial sector, international workforce, and high standard of living make it a highly attractive destination for work, business, and long-term residence.