About Luxembourg

About Luxembourg

A Welcoming Home for the Cape Verdean Community

Luxembourg, officially the Grand Duchy of Luxembourg, is a small country located in Western Europe. Its history dates back to the Middle Ages, when it was founded as a county in 963. For centuries, Luxembourg was underdifferent rulers and influences, including the Habsburgs, the Bourbons and the Hohenzollerns.

In the 19th century, the country gained independence from foreign rule and became a sovereign state, although it maintained a personal union with the Netherlands until 1890. During both World Wars, Luxembourg was invaded and occupied by Germany, but managed to recover after World War II and emerge as a prosperous and neutral nation.

Today, Luxembourg is known for its highly developed economy, especially in the financial and service sectors. It is also a founding member of the European Union, hosting several European institutions. Its culture is influenced by its geographical location between France, Germany and Belgium, resulting in a unique blend of languages ​​and traditions.

A Leading International Financial Center

Luxembourg's economy is diversified and prosperous, with strong financial, services, steel and technology sectors. The country is a major international financial center and has a business-friendly policy. With low taxes and a highly skilled workforce, Luxembourg has one of the highest GDP per capita in the world and a low unemployment rate.

Practical Guide: Access to the Promising Luxembourg Market

The Practical Guide to Accessing the Luxembourg Market is an essential resource for companies and entrepreneurs interested in entering the Luxembourg market. It provides information on the business environment, legal requirements, entry strategies, tax issues and business opportunities. The guide highlights Luxembourg’s competitive advantages, such as its strategic location, advanced infrastructure and political stability. 

General Data

Official name: Grand Duchy of Luxembourg.

Capital: Luxembourg.

Head of state: Henri of Luxembourg (Grand Duke)

Political system: Constitutional monarchy.

Area: 2,586 km²

Population: Approximately 633,000 inhabitants.

Population density: Approximately 244.4 inhabitants/km²

Predominant religion: Christianity (mainly Catholicism).

Official languages: Luxembourgish, French and German.

Coin: Euro (€)

GDP (Gross Domestic Product): Specific data is not available, but Luxembourg is considered one of the richest countries in the world in terms of GDP per capita.

The Cultural Wealth of Luxembourg

Luxembourg's culture is diverse and enriching, with French, German and Luxembourgish influences blending into a unique cultural identity. The country values ​​music, with festivals and a vibrant music scene. Theater is also popular, especially at the Luxembourg Theater Festival. Luxembourg cuisine features traditional dishes such as “Judd mat Gaardebounen” (ham with beans) and “Gromperekichelcher” (potato dumplings).

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