Why is Luxembourg so rich?

Luxembourg's average income exceeds $65,438+million, the highest in the world. The main reasons are neutrality, communication, finance and steel industry.

1, neutral

Because of its small territory, small population and poor combat effectiveness, Luxembourg has declared itself a permanent neutral country and can cooperate well with all European countries.

2. Communication industry

With its own language advantages, Luxembourg's radio and television have developed rapidly by mastering four languages: Luxembourg, French, English and German.

3. Financial industry

As the largest wealth management and private banking center in the euro zone and the second largest investment fund center in the world, there are 142 bank branches in 25 countries, including banks from China.

4. Iron and steel industry

The famous Cellommittal Steel Group is not only the largest enterprise in Luxembourg, but also the largest steel group in the world, with its headquarters in Luxembourg. Cellommittal Group's steel production accounts for 8% of the global steel production, with annual sales approaching 80 billion US dollars.

Extended data

Luxembourg immigration conditions

Application conditions:

1, aged 23-55.

2. College degree or above.

3. More than two years working experience.

4. Proof of assets (654.38 million euros)

Baidu Encyclopedia-Luxembourg