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Home >International Network >Luxembourg

LUXEMBOURG

The Grand Duchy of Luxembourg is the country with the highest GDP per capita in the world. Its population is 602,005 and a GDP of US$55,4 billion. With a surface area of 2,586.4 sq.kms, Luxembourg is located in the centre of Europe. It is bordered by Germany, Belgium and France (source: DGTPE – European Commission – Tresor, 2017).

It is estimated that 44% of Luxembourg’s finances come from its significant financial market. The 144 banks present in the country employ 26,000 people.

As a geographical neighbour, France is Luxembourg’s second largest strategic partner after Germany. Given its central location in Europe but especially given its economic clout, Luxembourg is a key partner. It continues to be a strategic location for the financial market.

There are 750 French establishments in Luxembourg. These employ more than 20,000 people.

In order to meet the needs of its customers on the Luxembourg market, Simon Associés has developed privileged relations with economic and legal partners locally.

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