Luxembourg
Overview
Associations: the European Union
Capital: Luxembourg
Government: Constitutional monarchy
Location: Luxembourg is located in Western Europe and is bordered by Belgium, France, and Germany.
Climate: Luxembourg’s climate is considered to be a modified continental climate and has mild winters and cool summers.
Religion: An overwhelming majority of Luxembourg’s population is Roman Catholic, but there are notable Protestant, Jewish, and Muslim communities within the jurisdiction.
Entry and Exit: Luxembourg has one airport.
Non-resident stay: Visas are not required for tourist or business stays of up to 90 days. Following a six-month stay, one is responsible for paying taxes on his/her worldwide income.
Language: Luxembourgish is the national language while German and French are used as administrative languages.
Communication: Luxembourg has an excellent, world-class communications infrastructure.
Currency: Euro (EUR)
GDP per capita: $55,100 (2003 estimates)
Main industry: Luxembourg is known for its banking, iron and steel, food processing, chemical, metal products, engineering, tires, glass, and aluminum industries.
Unique characteristics: Luxembourg is and especially excellent banking center and is known for having strict banking secrecy laws and offering numbered accounts. The jurisdiction is also a popular place for establishing holding companies and investment companies. Also, Luxembourg is a member of the Financial Action Task Force.
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Latest news
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EU reform may not deliver strong voice - Kuwait Times
Google News - Luxembourg, 17-February-2008
[full story]
EU reform may not deliver strong voice
Kuwait Times, Kuwait - 1 hour ago
The smart money is on Luxembourg Prime Minister Jean-Claude Juncker. A master consensus-builder, he would steal less limelight, but would not accept a ... -
THE BORSODI CONSTANT AN INFLATION-FREE CURRENCY - Mother Earth News
Google News - Luxembourg, 17-February-2008
[full story]
THE BORSODI CONSTANT AN INFLATION-FREE CURRENCY
Mother Earth News, KS - 12 hours ago
This activity will be coordinated out of a bank which will be established in Luxembourg (Arbitrage International already maintains both a Luxembourg and a ... -
Celebrity Grapevine - Jerusalem Post
Google News - Luxembourg, 17-February-2008
[full story]
Celebrity Grapevine
Jerusalem Post, Israel - 15 hours ago
Ilanit was Israel's pioneer entrant in Eurovision, appearing in 1973 in Luxembourg where she ranked fourth with her signature song "Ey Sham" (Somewhere). ...