Relocation boom in Luxembourg: Luxtoday company blog

Luxembourg is quickly becoming a favored destination for both individuals and businesses looking to relocate, leading to a surge in demand for relocation services. In fact, the number of companies offering relocation services has increased by 15% in the past five years alone. Our platform for expats is based here with Luxtoday.

Relocation boom in Luxembourg: Luxtoday company blog

Experts cite Luxembourg's highly favorable business environment, as well as its excellent quality of life and diverse cultural offerings, as key factors driving this trend. Currently, around 46% of the population in Luxembourg is made up of non-Luxembourgish residents, including expats who have relocated to the country for work or to take advantage of its attractive tax regime.

The country's location at the heart of Europe is another factor contributing to its popularity as a destination for both individuals and businesses. Luxembourg's excellent transport links provide easy access to major cities across the continent, making it an ideal base for companies looking to expand their operations in the region.

In response to the increase in demand, relocation service providers in Luxembourg are expanding their offerings to cater to a wider range of clients. This includes not only finding suitable accommodation, but also assisting with registering with local authorities, setting up bank accounts, and arranging language classes. The relocation sector in Luxembourg has grown by 20% over the past five years alone.

According to a recent report by a leading relocation service provider, demand for relocation services in Luxembourg is set to continue to rise in the coming years. The report highlights the importance of ensuring a smooth transition for individuals and businesses moving to the country and the critical role that relocation services play in achieving this.

So, the relocation sector in Luxembourg is thriving, driven by a combination of factors such as a favorable business environment, excellent quality of life, and its central location in Europe. We are glad to be a part of it and provide expats with unique guides and articles at Luxtoday.