Startups are indeed an indispensable tool for the development of a country’s economy, be it creating jobs or promoting innovations. As per some reports, in 2017, Luxembourg has witnessed a steady growth in startup rate, which was considerably higher than Germany and Belgium and par with France.
In fact, Luxembourg has been ranked the third worldwide where expats like to work. This international mix of people and ideal geographic location opens up multiple opportunities for entrepreneurs to develop their business.