Luxembourg Investor Visa – The Ultimate Guide By Experts | GCS

Luxembourg may be a small European Union country, but the nation is extremely wealthy and safe. Welcoming non-European nationals since 2017, the Luxembourg Investor Visa offers the opportunity for qualifying foreign investors to gain residence permits in the country, and even citizenship.

In this investment visa guide learn about:

• What the Luxembourg Golden Visa is
• Why consider the investor visa
• Step-by-step guide to applying
• Plus more!

Why consider a Luxembourg residence permit?

While there are many Golden Visa schemes and citizenship by investment programs out there like the Golden Visa Portugal, Ireland Golden Visa or the Netherlands Golden Visa, Luxembourg offers its own set of competitive advantages. As one of the richest countries in the world, Luxembourg is known as being the business hub of Europe. Banking is extremely safe in the country. To top it off, the country has one of the highest rates of per capita GDP worldwide, making it a pleasant country to live in with excellent living standards. Good healthcare, excellent education and favorable taxes for business people are also big draws.

The residence permit itself is issued initially for three years and is renewable for three years, which includes the applicant’s family members like the spouse and dependent children.

Financial requirements for the Golden Visa Luxembourg

Applicants can choose between a mix of direct and indirect investments to qualify for the investor visa scheme.

One of the following investments must be made by the foreign investor:

Route 1: Existing Business

Make a minimum investment of €500,000 in an existing company with its registered office in Luxembourg. The foreign investor must stay committed to keep the investment for at least five years

Route 2: New Business

Invest at least €500,000 in a new business still to be created, with a registered office in Luxembourg. Five full time job positions must be created within three years of the incorporation of the business. The recruitment of staff must be done with the help of the National Employment Agency.

Route 3: Management and Investment Structure

Make a capital contribution of at least €3 million in a management and investment structure, either existing or still to be created. The investments themselves can be made by the foreign investor or via an intermediary of an investment structure. These intermediaries include other investment funds, family wealth management funds, private equity or venture capital funds. The structure must have a solid internal governance system including adequate internal control mechanisms and appropriate accounting procedures.

Route 4: Bank Deposit in a Financial Institution

Deposit €20 million in the form of a deposit with a financial institution established in Luxembourg, with the commitment to keep the deposit for at least five years.

Eligibility

• Be over 18 years old
• Hold a clean criminal record and provide a police report as such
• Provide proof of suitable housing (you can either rent out real estate or buy real estate)
• Proof of legitimate source of funding
• Own a health insurance certificate (this applies to family members too)
• Not leave Luxembourg for more than six months in a row

Benefits of the Luxembourg Investor Visa Program

Visa free travel to Europe’s Schengen countries

Permanent residency in a safe and stable European country

Whole family is eligible

Citizenship application possible after five years of residency

Dynamic investment projects to choose from

Luxembourg passport

Country nationals enjoy visa free access to the European Union, as well as visa free privileges to over 160 destinations worldwide.

Live in a wealthy country

Obtain a residence permit and live in an economically rich country, with excellent healthcare, education and housing options. What’s more, the residence permit leads to permanent residency and citizenship.

Whole family is eligible

The third country national can include the spouse and dependent children under 21 in the residency application.

1.Submit application

Collect the necessary documents and submit your application to the Immigration Directorate. Investors must obtain an approval from the Minister of the Economy or from the Minister of Finance depending on the respective investment.

2.Pre-approval process

The Directorate will assess the application and respond within three months. Once approved, the applicant receives a letter of approval, which is considered temporary authorisation until the investment is made. 

3.Make the investment

Choose an investment route, collect the necessary funds and invest.

4.Receive the golden visa

After arrival into Luxembourg, you need to register with your commune in Luxembourg within 3 days of arrival. Applicants will need to undergo a medical check. Once all this is done and the competent authorities verify investments the investor has made, the applicant can apply for the residence permit. 

Document Checklist

The investor applying for the Golden Visa scheme in Luxembourg must submit the following documentation:

• a copy of their valid passport, in its entirety;
• a copy of the temporary authorisation to stay;
• a copy of the declaration of arrival issued by the communal administration;
• proof of suitable housing (rental agreement, property deed, etc.);
• proof of payment of a fee of EUR 80 tax to the account IBAN LU46 1111 2582 2814 0000 (BIC: CCPLLULL, beneficiary: ministère des Affaires étrangères et européennes, Direction de l’Immigration; communication: titre de séjour dans le chef de ‘insert your name here’).

Frequently Asked Questions about the Luxembourg Golden Visa Scheme