Schiff Sovereign's Take on Luxembourg
Luxembourg is a landlocked country in western Europe bordered by Belgium, France and Germany.
It is also one of the smallest EU countries, though not a microstate: it is significantly larger than Monaco or Malta, for example.
The country boasts one of the highest standards of living in Europe and in the world. It is a very developed and tranquil place to live.
The Luxembourg passport is an amazing travel document, offering visa-free access to 161 countries around the world. We ranked it as an A-grade travel document in the Sovereign Man Passport Index.
What’s more, if you’ve got an ancestor hailing from here, the country’s Citizenship by Ancestry program offers a great way for you to become a dual citizen, without the need to live there for any significant period of time.
A number of our subscribers have happily become dual citizens of Luxembourg via this program recently.
As a place to live, however, Luxembourg may not be your cup of tea – some find it way too tranquil, or downright boring. And you will need to put up with gloomy weather for a good portion of the year.
As Luxembourgers like to say: “We are the only country that still loves bankers.” And the banking sector is indeed strong there, if a bit stuffy.
And in this regard, Luxembourg is somewhat similar to Liechtenstein – it is home to strong, well-capitalized banks (relative to the rest of Europe).
So just like Liechtenstein, Luxembourg may be a better place for your money than it would be as a place to live yourself…
It is also one of the smallest EU countries, though not a microstate: it is significantly larger than Monaco or Malta, for example.
The country boasts one of the highest standards of living in Europe and in the world. It is a very developed and tranquil place to live.
The Luxembourg passport is an amazing travel document, offering visa-free access to 161 countries around the world. We ranked it as an A-grade travel document in the Sovereign Man Passport Index.
What’s more, if you’ve got an ancestor hailing from here, the country’s Citizenship by Ancestry program offers a great way for you to become a dual citizen, without the need to live there for any significant period of time.
A number of our subscribers have happily become dual citizens of Luxembourg via this program recently.
As a place to live, however, Luxembourg may not be your cup of tea – some find it way too tranquil, or downright boring. And you will need to put up with gloomy weather for a good portion of the year.
As Luxembourgers like to say: “We are the only country that still loves bankers.” And the banking sector is indeed strong there, if a bit stuffy.
And in this regard, Luxembourg is somewhat similar to Liechtenstein – it is home to strong, well-capitalized banks (relative to the rest of Europe).
So just like Liechtenstein, Luxembourg may be a better place for your money than it would be as a place to live yourself…
