When you come to Luxembourg, you may find it strange how it is possible for such a tiny country like Luxembourg to be No.1 country with regard to GDP per person in the world.
Basically, now Luxembourg is known as a country of financing entities. Almost all the bank has its headquarter or subsidiary here in Luxembourg.
However, every year, we find new venture companies coming to start business here from Luxembourg. Why is this ?
It is because Lux government is quite aggressive/supportive to invite/attract new growing companies from all around the world. Singapore has the same strategy. That’s why I call Luxembourg “Singapore in EU”. But the fact is opposite. Singapore is “Luxembourg in Asia”.
