How can I set up a business and get a resident permit in Luxembourg?

I understand that it is possible to invest in an existing business in Luxembourg and apply for residency in the country. Can I, as a foreign investor, set up a business in Luxembourg and invest in my own company to qualify for the program?

Answers

On July 16, 2020 Maria Tkachenko answered:

Yes, you can set up a business in Luxembourg, invest in your own company at least 500,000 euros and commit to creating at least five new job positions within three years of the incorporation of the business. In order to qualify for the program, your business plan has to be approved by the Ministry for Economy as a first step of the immigration process. The investment route has not been popular in Luxembourg since its inception in 2017. There are easier immigration routes to follow including employment, entrepreneurship and private life.

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