In the course of history, Luxembourg has known an evolution from an agricultural area to one of the most modern and richest countries in Europe. With his 503 thousand inhabitants and a GNP of 38 billion euros, the national income per inhabitant is the highest in the world.

_Luxembourg economy is characterized by a highly competitive service sector, which represents more than 85% of the added value of the national economy.

Thanks to the financial sector, the absolute cornerstone of their prosperity, the Grand Duchy has a stable economy with a high income, a steady growth, low inflation and low unemployment.

Luxembourg has close commercial relations with neighboring countries and enjoys the benefits of an open European market as a member of the EU. Within the EU, Luxembourg is an active member and a strong supporter of European cooperation. Located in the centre of the major European business axis, Luxembourg is a unique gateway to the European Market and its 500 million plus consumers.

The Grand Duchy is a favored cosmopolitan location for many European Institutions as the European Court, European Court of Auditors, the European Investment Bank and the Secretariat of the European Parliament.

The advantageous taxation, the incentives offered to families, added to the historic and cultural diversity and its vast open spaces make Luxembourg unique and a great place to live.