With one of the highest GDP per capita in the world and a AAA credit ranking, the Grand Duchy of Luxembourg is the ideal destination for investors and entrepreneurs seeking a rich business landscape and an attractive alternative location for private residence. The founding EU member state offers an excellent quality of life and advanced infrastructure.
The Luxembourg Residence by Investment Program allows foreign nationals to make an investment into the country and apply for a residence permit.Enquiry Factsheet
Minimum contribution of EUR 500,000
Approximately six months
Visa-free access to the EU and Europe’s Schengen Area
Luxembourg is one of the most attractive business destinations worldwide. For those who wish to reside in this EU nation with a flourishing economy, the Luxembourg Residence by Investment Program is the most efficient way to acquire such status. Under this program, wealthy individuals can make a significant contribution to the country and become Luxembourgish residents within approximately six months, with the possibility to acquire citizenship after five years.
To qualify for residence, applicants can choose between the below two options:
1. Residence by investment
Investors from non-EU countries can choose one of the following four investment options:
2. Residence by private reasons (where the successful applicant cannot be employed in the country)
Individuals from developing nations can apply for residence by private reasons by fulfilling the following requirements:
Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and supporting documents. To obtain the residence permit, an applicant must demonstrate the intention to reside permanently in Luxembourg.
Once the initial due diligence checks have been completed, then the applications can be submitted.
Under the residence by investment option, an investment application is submitted to the Ministry of Finance or the Ministry of Economy. If approved, the Ministry of Foreign Affairs analyzes the application for final approval. Thereafter, a visa category D is requested from the applicant's current country of residence, following approval.
Under the residence by private reasons option, an application is submitted to the Ministry of Foreign Affairs. If approved, a visa category D is requested from the applicant's current country of residence and collected at the local consulate or embassy.
Under both options, the client:
The processing time for the residence application is approximately six months from the submission of the application to its approval.
The residence permits are valid for an initial period of three years under residence by investment, or one year under residence by private reasons, subject to renewal. To renew their residence permit, investors must demonstrate having spent a significant length of time in the country (at least six months).
Successful clients can apply for Luxembourgish citizenship after five years of continuous residence, gaining a passport to this EU nation. The final year of residence immediately preceding the citizenship application must have been uninterrupted. To receive citizenship, investors need to prove knowledge of the Luxembourgish language through an oral test and take an integration course.
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