Removals to Luxembourg, The central location of Luxembourg within the EU and a liberal fiscal climate have attracted a large service sector there, particularly in international banking and finance.
Over 39 per cent of the population are foreigners attracted by the employment prospects.

Social security contributions apply to wages and must be withheld by the employer. The compulsory social secruity contributions for health insurance and old-age pension are deducted from the total gross salary.

All forms of income, including wages, bonuses, benefits in kind, travel allowances, indemnities for dismissal and pensions paid before definite cessation of employment, are taxable.

Rental income net of relevant expenses is taxable. Owner-occupiers are deemed to receive rental income, based on the unit value of their property, which is assessed by the tax administration.

Removals to Luxembourg - Shipping to Luxembourg - Moving to Luxembourg