Luxembourg: New residency permits legislation, high net-worth individual investors

Luxembourg: New residency permits legislation

A new law, published 20 March 2017, incorporates EU directives into Luxembourg’s domestic law to position Luxembourg as a gateway for entrepreneurs and investors in Europe.

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The law allows five types of residency permits—one of which is dedicated to third-country high net-worth investors. The new law is designed to attract high net-worth investors to Luxembourg to further develop and diversify its economy.

The residence permit is granted for a period of three years and can be extended.

 

Read an April 2017 report prepared by the KPMG member firm in Luxembourg

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