Capital
Sources: DG for Communication
Currency
Sources: DG for Communication
Official Languages
Sources: DG for Communication
Population (2024)
Sources: Eurostat
Discover in detail the advantages of each EU country.
High salaries, strong financial sector, and excellent living standards in a multilingual environment.
Capital
Sources: DG for Communication
Currency
Sources: DG for Communication
Official Languages
Sources: DG for Communication
Population (2024)
Sources: Eurostat
The standard rate for all business profits.
With a competitive corporate tax framework, it offers a stable and attractive fiscal environment designed to support and encourage business growth.
A snapshot of business and consumer confidence.
The Economic Sentiment Indicator (ESI) measures overall confidence in the economy by combining survey results from consumers and key sectors such as industry, services, retail, construction, and (where available) financial services.
Annual real GDP growth rate forecast.
Austria's highly advanced and resilient economy is forecast to grow steadily, driven by innovation in technology and a strong commitment to sustainable industry.
Tax relief for research and development activities.
It strongly encourages innovation through generous incentives, including enhanced deductibility of research and development expenses to support technological advancement.
Efficiency of starting a business and administrative support.
With a strong focus on supporting entrepreneurs, many countries offer an efficient and streamlined process for launching a new business and entering a dynamic startup ecosystem.
Availability of public and private funding for startups.
It provides startups with strong access to a deep and diverse pool of venture capital and other funding opportunities.
Measures the change in consumer prices over time.
With one of the lowest inflation rates, the economy provides strong price stability, ensuring a secure and predictable financial environment.
Overall measure of national health system performance.
It offers a world-class healthcare system recognized for its excellent access, high quality of care, and strong patient outcomes.
Measures relative costs of goods and services.
This financial strength, paired with top-ranked quality of life and free public transport, creates a highly attractive environment for residents.
Evaluates national wellbeing and overall life satisfaction.
Ranking among the happiest nations, it demonstrates high levels of life satisfaction driven by economic stability, strong social support systems, and a diverse, multicultural environment.
Progressive personal income tax rates apply
A top personal income tax rate reflects the upper threshold of individual taxation, indicating the level of contribution required from high earners within the broader fiscal system.
Measures the digital-by-default availability of key public services.
Offering comprehensive online services that enhance efficiency and accessibility for a diverse and international population.
Non-EU citizens need a valid passport and may require a Schengen visa for short stays up to 90 days. For longer visits, a temporary authorisation to stay must be obtained before arrival, followed by a formal residence permit application upon entry.
EU/EEA citizens can enter Luxembourg with a valid ID card or passport. If staying over three months, they must register as a resident with the local municipal administration (commune) within eight days of arriving in the country.
Luxembourg offers a "residence permit for investors" and a self-employment permit, but not a specific startup visa. Entrepreneurs must apply as self-employed, which requires a business permit and proof of sufficient financial resources before arrival.
Luxembourg has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.