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@teamluxexpats
15 hours
When Stephanie Mutsaerts and her husband decided to leave their life in Massachusetts behind, they embarked on a journey that would lead them to the vibrant cities of Valencia and Málaga in Spain. The couple, both in their 50s, were drawn to Spain's laid-back lifestyle, warm climate, and rich culture.
Their Spanish adventure began in Valencia, where they spent three years immersing themselves in the city's unique blend of history and modernity. Valencia's stunning architecture, includi...
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@teamluxexpats
20 hours
The global workforce has undergone significant changes in recent years, largely driven by the COVID-19 pandemic and evolving work trends. Traditional expatriate assignments are declining, while the number of digital nomads is on the rise. This shift is creating both challenges and opportunities for the international private medical insurance (IPMI) sector.
Companies are increasingly embracing remote work and hiring local talent, leading to a decrease in traditional expatriate assignmen...
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Learn More : en.trend.az/azerbaijan/business/3972924.html
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Luxembourg has extended an invitation to U.S. President Joe Biden to attend a ceremony commemorating the 80th anniversary of the Battle of the Bulge, set to take place on December 14 at the American military cemetery in Hamm. This could potentially be one of Biden’s final international visits as U.S. President before handing over the presidency the following month.
Prime Minister Luc Frieden confirmed the invitation on Monday and noted that Luxembourg and Belgian officials ...
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@teamluxexpats
2 days
Luxembourg has announced a series of tax reforms aimed at strengthening its position as a leading financial center and attracting top talent. The changes, set to reduce government income by €500 million from 2025, include cuts to corporate income tax and modifications to income tax for expatriates.
The corporate income tax rate will be reduced by one percentage point to 16%, while a new expatriate fiscal regime will offer a 50% exemption on gross annual remuneration, capped at €400,000...
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@teamluxexpats
2 days
Northern Ireland manager Michael O'Neill is targeting a win against Luxembourg in their final UEFA Nations League match to secure promotion to League B. The team currently tops Group C3 with 10 points from five games and needs only a draw to clinch first place.
O'Neill emphasized the importance of maintaining the team's winning momentum ahead of upcoming World Cup qualifiers. Despite Luxembourg's position at the bottom of the group with just two points, O'Neill cautioned against undere...
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Team
@teamluxexpats
2 days
A recent study by Harvard University researcher Laura Marciano has shed light on the growing issue of loneliness among teenagers in the digital age. The study, which involved 500 teenagers recruited through Instagram influencers, found that over 50% of participants reported not having spoken to anyone, either in person or online, in the hour preceding each survey.
This research, along with other studies, suggests a strong correlation between technology use and feelings of loneliness. T...
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Team
@teamluxexpats
3 days
A recent study by AXA – Global Healthcare reveals a concerning trend in the mental health of expatriate workers across 16 countries. The fourth non-native Mind Health Report, titled 'A Global State of Mind', found that 80% of expat employees are experiencing negative mental health symptoms directly related to their work environment.
The report highlights a significant increase in mental health issues among non-native workers, with nearly half experiencing burnout. Common symptoms inclu...
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Team
@teamluxexpats
3 days
A significant change in the UK's tax landscape is set to benefit British expats planning to return home. The proposed Foreign Income and Gains Regime (FIG), expected to be confirmed in the upcoming Budget, will allow qualifying expats to bring their worldwide assets and income into the UK tax-free for a four-year period starting April 2025.
This new regime marks a departure from the current non-domicile rules, offering a generous tax planning window for the UK's large expat community. ...
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Team
@teamluxexpats
3 days
The concept of home takes on new dimensions for Indian expats as they navigate life abroad and contemplate their return. A recent exploration of expat experiences reveals the complex emotions and perspectives that arise from living in different cultures.
Many young Indians move abroad for education and career opportunities, driven by the promise of better infrastructure, work-life balance, and personal growth. However, the reality often differs from expectations, with some finding unex...
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@teamluxexpats
3 days
Cambodia has emerged as an attractive destination for expat retirees, thanks to its current policy of not taxing overseas income. This approach sets Cambodia apart from many other countries in Southeast Asia and around the world, making it particularly appealing to retirees with pensions or investments abroad.
The Cambodian government's stance on foreign-sourced income is relatively straightforward. As long as the money is not remitted to Cambodia, it remains untaxed. This policy appli...
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@teamluxexpats
3 days
A charming coastal town in Spain has emerged as a hidden gem for expats and tourists seeking an affordable Mediterranean lifestyle. Torrevieja, located on the Costa Blanca in the Alicante province, offers a unique blend of Spanish culture and international appeal.
This vibrant town boasts a population of around 82,000 residents, with nearly half being foreigners, creating a diverse and welcoming community. Torrevieja's appeal lies in its affordability, with the average property price s...
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Team
@teamluxexpats
4 days
Amazon has unveiled its substantial economic impact on Luxembourg, highlighting a €1 billion investment in the country for 2023 alone. This brings the company's total investment in Luxembourg to over €9 billion since 2010, including more than €3 billion in employee compensation and benefits.
The tech giant's European headquarters, established in Luxembourg over 20 years ago, has become a significant driver of economic growth in the country. According to estimates by Keystone Strategy, ...
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Team
@teamluxexpats
4 days
A major Luxembourg bank played a central role in moving embezzled funds from Azerbaijan to purchase high-end real estate in the UK, according to evidence presented by the UK's National Crime Agency (NCA). The case involves Jahangir Hajiyev, the former chairman of the International Bank of Azerbaijan, who was imprisoned for embezzling over $3.5 billion from the bank.
The NCA's investigation revealed that VES Consultancy, a company owned by Azerbaijan-born French citizen Khagani Bashirov...
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@teamluxexpats
4 days
Luxembourg's lawmakers have taken a stand against the internal border controls imposed by France and Germany within the Schengen Area. In a recent parliamentary debate, they passed a motion calling for an end to these controls, arguing that such measures should not become the norm and can only be extended if specific requirements are met.
LSAP politician Yves Cruchten emphasized that border controls should be a last resort, not a regular practice. This stance comes in response to Germa...
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@teamluxexpats
4 days
Luxembourg is making a bold move to challenge Ireland's dominance in the European Exchange-Traded Fund (ETF) market. Marc-André Bechet, CEO of the Association of the Luxembourg Fund Industry (ALFI), has announced the country's intentions to become a major player in this growing financial sector.
The Grand Duchy is leveraging its existing strengths in the UCITS fund market and its favorable regulatory environment to attract ETF issuers. Recently, Luxembourg's financial regulator, the CS...
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@teamluxexpats
4 days
In a significant diplomatic transition, Luxembourg has assumed the rotating Presidency of the Council of Europe's Committee of Ministers, taking over from Lithuania. This change occurred during a meeting of representatives from the organization's 46 member states, marking the beginning of Luxembourg's six-month leadership term.
Xavier Bettel, Luxembourg's Deputy Prime Minister and Minister for Foreign Affairs and Foreign Trade, presented his country's priorities for the upcoming period...
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@teamluxexpats
4 days
Luxembourg, a small European nation, is rapidly gaining recognition as one of the world's safest travel destinations, offering a unique blend of security, history, and natural beauty. This rising star in the tourism world has secured the second spot in a recent safety ranking by International SOS, just behind Iceland.
The country's appeal lies in its low crime rate, political stability, and robust healthcare system, making it an attractive option for safety-conscious travelers. Luxembo...
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4 days
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Ryanair, Europe's leading low-cost airline, has announced its exciting Summer 2025 schedule for Luxembourg, promising an unprecedented boost in air travel options for the region. The airline is set to offer over 300,000 seats, marking a significant expansion of its services to and from Luxembourg Airport.
The new schedule introduces 16 weekly flights across three vibrant routes, connecting Luxembourg to popular destinations. Passengers can look forward to increased connectivity with tw...
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@teamluxexpats
5 days
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Read More : luxembourg-city.com/en/winterlights
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5 days
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5 days
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