Immigration through Luxembourg investment h1>
Residence permit in Luxembourg and the grounds for obtaining residence permit.
Without a residence permit, foreigners who are not EU citizens can arrive in the country no more than 3 months in six months. If you intend to stay more than three months, you need to issue a residence permit at the local police station.
Luxembourg offers very favorable conditions for international financial transactions and the work of corporate structures. The activity of foreign capital is allowed in all branches. There are no restrictions on the composition of the board and the share of foreign participation. There are also no restrictions on the repatriation of capital and the transfer of profits. The most popular such forms of enterprises in Luxembourg are:
stock company, it can be formed by at least two persons, its capital must be at least 31000 euros (25% of this capital must be paid at the time of registration of the company). The board of directors must have at least three people;
a limited liability company can consist of at least two, a maximum of 40 shareholders with the lowest capital of 2500 euros, fully paid. She can have one director;
investment funds that enjoy significant benefits. They issue shares (shares), and the collected money is invested in securities of other companies.
you must write an application to the Consular Section of the Embassy of Luxembourg, the Ministry of Immigration and obtain the necessary permits and a visa for entry;
to come to Luxembourg and within three days to apply to the department of the Ministry of Immigration for obtaining residence permit (residence permit).
Work in Luxembourg and the city.
When employers want to find an employee, they need to be informed and get permission to work in the Ministry of Employment. Not EU citizens can work in Luxembourg after receiving a special work permit. First you need to find an employer who will handle the clearance. This is done in the employment administration.
Education and higher education in Luxembourg.
In 2003, the University of Luxembourg, the first and only university in the country, was founded. Courses are read in French, German and English. A characteristic feature of the university is close cooperation with universities of other countries. In addition, students of the first stage of training need to undergo training internship abroad (minimum 1 semester). Otherwise, this is called the “mobility principle”. An EU citizen who wants to come to Luxembourg for a period of more than 3 months for training is required to apply to the Ministry of Foreign Affairs prior to entering the territory of the Duchy. It is necessary to provide confirmation that he is admitted to the university for training on a full-time form, to confirm the availability of sufficient funds for the period of study to cover the costs of stay and return to his country, to confirm the presence of an insurance medical policy that covers all risks in Luxembourg.
successfully completed studies in Luxembourg and issued a diploma of higher education;
the student wants, with a future intention to return to his country, to supplement the academic education with professional experience;
the employment for which he wishes to engage is directly related to his academic education;
a labor contract was signed for a position that was declared vacant by the employment service in accordance with the conditions provided for by law.
Real estate in Luxembourg.
Any foreign citizen can buy a property in the Duchy if he has a visa and is not on the wanted list by law enforcement agencies in his country. There are almost no restrictions on the choice of an immovable property for purchase (there are restrictions in many countries), because in Luxembourg there are neither armed forces, nor border zones, nor military bases inside the country. An exception are the nature protection zones, where even citizens of the country are forbidden to settle. In Luxembourg, the lowest real estate taxes in the world.
A foreign citizen who has lived in Luxembourg for 5 years in immigration status can apply to the Ministry of Immigration for a permanent residence permit.
Under the Luxembourg Citizenship Act of 1968, citizenship is recognized by the right of blood from the mother or father, and by right of soil only for children whose parents do not have citizenship or are unknown.