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Why Luxembourg?
Luxembourg, a powerful and historic financial center, is a founding member of the European Union and is part of the Eurozone. It is situated at the heart of several major European markets; in fact, 60% of the EU’s GDP can be reached by a one-hour flight. Trade with other EU member states benefits from Luxembourg’s strategic location in the EU, its proximity to other European capital cities and major business centers and the presence of numerous European institutions. Luxembourg also has developed international trading relations with the Americas, Asia and the
Middle East, which have contributed to the diversification of its export markets and the origins of its imports.
From its origins as a Euroloan center, the country subsequently developed as a private banking center and then, from the 1980s, as a leading domicile for investment funds. A series of niche activities were added over the course of the last twenty years and today Luxembourg as a financial center is broadly diversified.
Today, Luxembourg is the first private banking center in the Eurozone and the second-largest fund center in the world. Due
to its stability as well as its innovative and international orientation, the Luxembourg financial center is an ideal hub for private and institutional investors from all over the world.
The Luxembourg financial center is characterized by a strong culture of investor protection and rigorous anti-money-laundering policies. Its specialist teams are multilingual with a long tradition of financial expertise and extensive knowledge of the needs of an international clientele.
As a leading financial center specialized in global and European cross-border activities, the country has a well-developed legal and regulatory framework for international trade and is highly responsive to EU legislation. Many companies also find that Luxembourg’s commercial and political neutrality facilitates
their international business relationships.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/
Why Luxembourg?
Luxembourg, a powerful and historic financial center, is a founding member of the European Union and is part of the Eurozone. It is situated at the heart of several major European markets; in fact, 60% of the EU’s GDP can be reached by a one-hour flight. Trade with other EU member states benefits from Luxembourg’s strategic location in the EU, its proximity to other European capital cities and major business centers and the presence of numerous European institutions. Luxembourg also has developed international trading relations with the Americas, Asia and the
Middle East, which have contributed to the diversification of its export markets and the origins of its imports.
From its origins as a Euroloan center, the country subsequently developed as a private banking center and then, from the 1980s, as a leading domicile for investment funds. A series of niche activities were added over the course of the last twenty years and today Luxembourg as a financial center is broadly diversified.
Today, Luxembourg is the first private banking center in the Eurozone and the second-largest fund center in the world. Due
to its stability as well as its innovative and international orientation, the Luxembourg financial center is an ideal hub for private and institutional investors from all over the world.
The Luxembourg financial center is characterized by a strong culture of investor protection and rigorous anti-money-laundering policies. Its specialist teams are multilingual with a long tradition of financial expertise and extensive knowledge of the needs of an international clientele.
As a leading financial center specialized in global and European cross-border activities, the country has a well-developed legal and regulatory framework for international trade and is highly responsive to EU legislation. Many companies also find that Luxembourg’s commercial and political neutrality facilitates
their international business relationships.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/