Although the Grand-Duchy of Luxembourg is aptly described as the "Green Heart of Europe", its pastoral land co-exists with a highly industrialized and export-intensive economy.
Luxembourg enjoys a high degree of economic prosperity, with the highest per capita income in the world (approximatively $55,000), and is generally ranked among the most competitive countries in the world for doing business – in term of offering a business-friendly environment, economic freedom, low risk, and high quality of life (fourth highest world ranking in recent survey by The Economist).
Luxembourg ranking third in the Wall Street Journal and Heritage Foundation’s 2005 Index of Economic Freedom world survey.
Specific advantages pertinent to foreign direct investment (FDI) in Luxembourg include its geographic location in the center of Europe, multilingual and skilled labor force, low business costs, neutrality, ease of access to government bodies, and a favorable tax framework.
