12 Best Luxembourg Questions and Answers (Q&A) - ProProfs Discuss

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Why do companies have their headquarters in Luxembourg?

D. Ronald, Writer
Answered: Apr 09, 2019

There are several companies that are headquartered in Luxembourg. Based on the names of the companies, many of them probably originated in Luxembourg. This means that they started in Luxembourg....Read More

1 Answer

337 views

How is Luxembourg so rich?

G. Roland, Professor
Answered: Apr 09, 2019

Many countries seem to have been born rich. This means that the country gained its independence or was settled there and their economy was strong from the very beginning. Often, the way this...Read More

1 Answer

334 views

Which companies have their headquarters in Luxembourg?

G. Roland, Professor
Answered: Apr 09, 2019

Usually, the headquarters of major companies are located either in countries where they originated or prosperous countries that would cause the company to grow. In Luxembourg, the same can be...Read More

2 Answers

333 views

How is daily life in Luxembourg?

G. Roland, Professor
Answered: Apr 09, 2019

Even though many people overlook Luxembourg as a great country to visit and live in due to its neighbors being more famous, they do have a great economy and culture. This makes it a great place...Read More

1 Answer

280 views

How is Swtizerland richer than Luxembourg?

D. Ronald, Writer
Answered: Apr 09, 2019

The main way that a country gets richer than another rich country has to do mainly with one thing. This thing is its name value. Switzerland is more widely recognized than Luxembourg. You rarely...Read More

1 Answer

275 views

Is Luxembourg a cheap place to live in?

Anika Nicole, Wordsmith
Answered: Sep 25, 2019

No, Luxembourg is not a cheap place to live. Based on their cost of living and compared to that of the United States, it has a slightly more expensive cost of living than the U.S. For example, to...Read More

1 Answer

270 views

What is the Silver Decade of Luxembourg?

D. Ronald, Writer
Answered: Apr 09, 2019

The silver decade of Luxembourg is a time when the country went from rags to riches. Luxembourg wasn’t always wealthy. Like most countries, they begin poor. Usually, they have just attained...Read More

1 Answer

267 views

Why does Luxembour keep such a low tax rate?

G. Roland, Professor
Answered: Apr 09, 2019

Many people go to Luxembourg to live because this country has such a low tax rate. This tax rate has been going on for many years. Many companies and individuals have bank accounts in Luxembourg...Read More

1 Answer

263 views

Are there direct flights to Luxembourg?

D. Ronald, Writer
Answered: Apr 09, 2019

There are always direct flights to any place. It just depends on where the people are coming from and which city they are flying into Luxembourg. There are a number of major cities that fly...Read More

1 Answer

263 views

Is Luxembourg politically influential?

D. Ronald, Writer
Answered: Apr 09, 2019

Luxembourg is known for being extremely open. They accept everyone. Based on their half million population, only sixty percent are natives. The rest are immigrants who find that this country...Read More

1 Answer

263 views

Is Luxembourg's location responsible for its prosperity?

G. Roland, Professor
Answered: Apr 09, 2019

When you think of luxury, you think of Luxembourg. Even this country’s GDP ranks at 94th in the world as its total in 2019, its per capita ranking compared to the rest of the world is 2nd...Read More

1 Answer

242 views

Can Luxembourg's economic models be applied in other countries?

D. Ronald, Writer
Answered: Apr 09, 2019

The Luxembourg model for their economy probably can’t be fitted to other countries especially those that are not similar in their types of economy. Luxembourg’s economy is based on...Read More

1 Answer

236 views

Luxembourg Questions and Answers (Q&A)

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