About Luxembourg
Luxembourg is situated at the heart of Europe and is a unique gateway to the European market. Around 70% of the European Union’s wealth is concentrated in a 700-kilometre area around Luxembourg.
Within the financial services sector Banking is the largest employer and recruiter in the Luxembourg economy. The country also has specialised in the cross-border fund administration business and is has a growing insurance centre, which is a source of new Luxembourg jobs.
As Luxembourg's domestic market is relatively small, the country's financial centre is predominantly international.
At the end of March 2009, there were 152 banks in Luxembourg and more than 9,000 holding companies are established in Luxembourg. The European Investment Bank—the financial institution of the European Union—is also located there.
Another advantage of Luxembourg, in terms of an attractive cross border recruitment location, is undoubtedly its lower taxation and social charges compared to other European countries. Across the financial recruitment sector the obvious strategic growth areas for Luxembourg jobs and finance jobs include:
Within the financial services sector Banking is the largest employer and recruiter in the Luxembourg economy. The country also has specialised in the cross-border fund administration business and is has a growing insurance centre, which is a source of new Luxembourg jobs.
As Luxembourg's domestic market is relatively small, the country's financial centre is predominantly international.
At the end of March 2009, there were 152 banks in Luxembourg and more than 9,000 holding companies are established in Luxembourg. The European Investment Bank—the financial institution of the European Union—is also located there.
Another advantage of Luxembourg, in terms of an attractive cross border recruitment location, is undoubtedly its lower taxation and social charges compared to other European countries. Across the financial recruitment sector the obvious strategic growth areas for Luxembourg jobs and finance jobs include:
- Banking
- Accountancy jobs & back office support functions
- Fund Management
- Fund Administration