Cost of Living in Luxembourg: Lifestyle and Opportunities:

Luxembourg is a Western European country that has the highest income per capita in the world. The cost of living in Luxembourg is high because of the rent and the cost of other amenities. Furthermore, apart from high incomes, other attributes of Life in Luxembourg are a low crime rate, generous leave policies, equal pay policy, gender neutrality, free public transport, clean environment, multicultural society, strong social welfare schemes, good work life balance and recreation opportunities. 

Lifestyle and Cost of Living in Luxembourg:

Luxembourg is known for its high income, luxurious lifestyle and high standard of living. It is estimated that the cost of living in Luxembourg depends upon locality. It is estimated that the cost of living in Luxembourg for a single person is approximately €3,000 to €4,000 per month. Luxembourg has the highest incomes per capita in Western Europe and its social safety net covers all irrespective of them being residents and expats. 

Opportunities in Luxembourg: 

Some of the top high paying job roles; along with eligibility requirements that cover the cost of living in Luxembourg along with significant savings are as follows:

1. Doctor: The minimum education requirements for a doctor is having at least an MBBS degree or a BDS degree. One requires proficiency in German or French as well as two years of relevant work experience

2. Financial Analyst: The minimum education requirements for the job of Financial Analyst are Bachelor’s in Business Administration or Finance or Economics or in a related field. Some high end jobs require MBA in Finance and certain certifications such as CA, FRM or CFA etc.

3. IT Consultant: The minimum education requirements for the job of IT consultant are Bachelors of Technology in Computer Science, IT or related field. Most jobs in the IT domain require at least three years of work experience and a strong English communication skillset. 

4. Marketing Manager: The minimum entry requirements for the job of Marketing Manager are Bachelor’s in Marketing or related field and two years of relevant work experience. Furthermore, proficiency in German or French and English languages is considered important. 
5. Chef: A chef should have a Bachelor’s in Culinary Arts or a related field. They also require certain food safety certifications wherever applicable.

How to grab the opportunities in Luxembourg:

The steps for grabbing the opportunities that in Luxembourg are as follows:

1. Get a job offer from an employer in Luxembourg.
2. The employer must complete ADEM registration. ADEM or “Agence pour le development de emploi” checks the labor market for a Luxembourgish candidate for that particular job. Once it is satisfied that a local candidate is not available it completes the registration.
3. The employer after ADEM registration applies for a work permit on behalf of the candidate.
4. After that candidate is required to undergo the visa process for getting a work permit that is: Visa filing, documentation and interview.
5. Once a candidate’s visa is approved he or she becomes eligible to work in Luxembourg.

Minimum Requirements for Luxembourg Work Visa:

The minimum requirements for a Luxembourg work visa are two recent photographs for identity proof, Valid Travel Document, a temporary permit to stay, employee contract for a job role for one year or more, proof of professional qualifications and having an income more than 1.2 times the national average. The last requirement of having an income above national average is needed because the government wants to ensure that new expats are able to absorb the Cost of Living in Luxembourg. 

Types of Work Visas for Luxembourg:

There are four types of Work Visas for Luxembourg and the visa process times range from 15 days to 3 months based on the type of visa. So it is important to consult with an expert about the type of visa that fits your goal and to look for a job that covers your cost of living in Luxembourg.

For expert guidance on your immigration journey, contact Oasis Visas today! We're here to help you every step of the way. Reach out to us via email at info@oasis-india.com. Let’s make your dreams of living and working abroad a reality!