An Expat Talks about Living in Luxembourg, Luxembourg

What is the name of the city or town that you are reporting on?

Luxembourg

If a friend of yours was thinking of moving to this city or town from far away, what other advice would you give them.

Expats considering retiring in Luxembourg should be aware of several factors before making the move. Firstly, the cost of living in Luxembourg is relatively high, with housing, healthcare, and daily expenses being more expensive than in many other European countries. It is essential to have a well-planned budget and sufficient savings or pension to maintain a comfortable lifestyle. Language is another important aspect to consider, as Luxembourg is a multilingual country with Luxembourgish, French, and German being the official languages. While English is widely spoken, learning at least one of the local languages will make it easier to integrate into the community and access services. Healthcare in Luxembourg is of a high standard, but it is important to understand the healthcare system and ensure that you have adequate health insurance coverage. Expats are required to register with the National Health Insurance (CNS) and may need to pay a monthly premium based on their income. Taxes are another important consideration, as Luxembourg has a progressive tax system with rates varying depending on income and marital status. Expats should familiarize themselves with the tax system and seek professional advice to ensure they are compliant with local tax laws. Social life and cultural integration are essential aspects of a successful retirement. Luxembourg offers a rich cultural scene, with numerous museums, galleries, and events throughout the year. Expats should make an effort to engage with the local community and participate in cultural activities to build connections and friendships. Finally, it is crucial to understand the residency and visa requirements for retiring in Luxembourg. Non-EU citizens will need to apply for a residence permit, while EU citizens have the right to reside in the country but must register their stay. It is essential to research the specific requirements and ensure that all necessary paperwork is completed to avoid any legal issues.