To apply for residence, applicants can select between the following two options:

1. Residence by investment

Investors from non-EU nationalities can choose one of the following four investment options:

• Invest at least EUR 500,000 in a current Luxembourg enterprise (with trade, manufacturing, or artistic undertakings) and pledge to uphold the current workforce for five years.
• Invest at least EUR 500,000 in a fresh Luxembourg enterprise (with trade, manufacturing, or artistic undertakings) and pledge to produce no less than five job opportunities in the ensuing three years.
• Invest at least EUR 3 million in a current or fresh investment or administration framework, with a registered office in Luxembourg, which should have fitting essence.
• Deposit a minimum of EUR 20 million into an economic institution established in Luxembourg, which must be retained for at least five years.

2. Residence by private reasons (where the growing applicant cannot be employed in the country)

People hailing from emerging nations may meet the criteria for domicile based on individual reasons by satisfying the subsequent conditions:

• Demonstrate their ability to sustain themselves economically (evidence of a consistent annual income of no less than EUR 27,000 is mandatory; relying solely on bank savings might not suffice).
• Possess a stable dwelling in Luxembourg, with comprehensive third-party liability and property insurance for leased or owned residence insurance and property insurance for purchased or rented property.

Process and Time Frame of Luxembourgish Residence by Investment

Applications to this program must be made through the designated forms. They should be accompanied by suitable fees and supporting papers. To acquire permanent residency, an applicant must indicate the intention to reside indefinitely in Luxembourg. After the initial screening process is done, the applications can be submitted. 

In the investment residency option, an investment application is presented to either the Ministry of Finance or the Ministry of Economy. The Ministry of Foreign Affairs examines the application for final endorsement, and if accepted, a visa category D is asked for from the applicant’s present country of residence following approval.

In the personal grounds residency option, an application is lodged with the Ministry of Foreign Affairs. If sanctioned, a visa category D is asked for from the applicant’s present country of residence and retrieved at the local embassy or consulate.

• Under both options, the client:
• Journeys to Luxembourg (within 90 days of obtaining permission)
• Undergoes a health inspection
• Presents their request for the domicile license

Enrolls with their locality of dwelling within three days of their coming

The handling period for the domicile application is about six months from the time of application submission to its endorsement. 

The domicile licenses are legitimate for three years under residency via investment or one year under inhabiting for individual motives, liable to extension. To extend their domicile license, capitalists must show evidence of spending a considerable duration in the nation (at least six months).

Luxembourgish Citizenship Following Residence by Investment

Prosperous customers can seek Luxembourg nationality following five years of constant domicile and obtaining a passport to this European Union country. The ultimate year of habitation right before the nationality appeal should have been continuous. To obtain nationality, financiers need to demonstrate acquaintance with the Luxembourgish dialect via a spoken examination and undertake an assimilation program.