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.
Benefits of Luxembourgish residence by investment
The Luxembourg Residence by Investment Program
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.
Requirements of the Luxembourg Residence by Investment Program
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:
Procedures and time frame of Luxembourgish residence by investment
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:
d The processing time for the residence application is approximately six months from the submission of the application to its approval.
Luxembourgish citizenship following residence by investment
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.
Piptan International Inc. is dedicated to assisting individuals and families in becoming Global Citizens by investing in second residency and citizenship options worldwide.