Luxembourg is a business centre that focuses on growth. Its established financial industry and government teams spur economic progress while also embracing new technologies.
Fringe benefits in kind, including lunch vouchers and accommodation benefits, are commonly offered on the Luxembourg market. These help firms to manage their cash flow and mitigate risk.
As one of Europe’s leading financial centers, Luxembourg is receptive to fintech trends and has established a clear framework for regulation. This makes it an ideal host for digital asset projects, which are transforming the future of finance.
AtHome Finance’s mortgage broker model has met with strong interest from clients, despite still being in its early stages. In France, for example, 50% of home buyers use a mortgage broker and in England the figure is 70%.
Designed for entrepreneurs to supercharge their growth, our coworking facility offers designer private offices, dynamic meeting rooms and ultra-comfortable common areas. Members can access the space seven days a week and membership includes high-speed WiFi, cleaning, air conditioning and heating. There’s also access to a dedicated storage locker. The space can be rented by the day, week or month. You’ll have everything you need to kickstart your company, plus the support of our experienced team of professionals. Our concierge is always on hand to answer any queries you may have. To find a solution to finance your new home, you should visit AtHome Finance in Luxembourg.
We partner with larger corporates
Situated between France, Belgium, and Germany, Luxembourg has a highly educated and multilingual workforce. The country allows foreign workers to cross borders and work in the Grand Duchy without a visa.
The country has a well-established legal system that recognizes and enforces secured interests in property, including real and movable assets, and adheres to key international agreements on intellectual property rights. It ranks 31 out of 190 countries in the World Bank’s “Doing Business” report for ease of registering property.
The government is actively promoting the country to attract foreign investment and support economic diversification. It is supporting targeted industries, such as logistics and information technologies; health technology, including biotechnology and biomedical research; and clean energy and space technology. The country’s banking sector is stable and well-regulated. Credit institutions operate with a license granted by the Ministry of Finance, and are subject to supervision by the European Central Bank and the Luxembourg financial supervisory authority, the CSSF.
We enable venture capital firms / investors
Luxembourg offers a number of incentives to encourage property ownership. For example, it’s possible to get a rebate on registration fees, and mortgage interest is tax-deductible. In addition, the state provides aid to first-time buyers. This helps with a substantial amount of the purchase cost. But it is necessary to stay in the property for ten years, or else you will have to pay back the subsidy.
The Luxembourg financial centre offers a variety of services that connect investors and markets around the world. This has made it a hub for global finance companies and a prime location for new products that require cross-border expertise.
Oakley Capital Investments (OCI) has agreed to sell a majority stake in online real estate classifieds and mortgage broking business atHome Group to Mayfair Equity Partners (Mayfair). OCI will retain a minority stake in the company. The transaction is expected to close in Q3 2021. More information is available on PitchBook.
We fulfil Fintech ambitions
Amid global economic turbulence and geopolitical tensions, the funds industry has been struggling to adapt to a changing landscape. The Luxembourg fund industry is not immune to this pressure, as demonstrated by recent trends in the investment sector.
According to Luxembourg Central Bank data, housing loan interest rates and total outstanding mortgage levels declined significantly in the first quarter of 2023. The fall is likely to be largely attributed to the European Central Bank’s continuous increase in key banking rates, which has impacted the overall lending market.
Mortgage brokers are becoming increasingly popular in Luxembourg. Yann Gadea, a product manager at atHome Finance in Luxembourg, explains: “Most astute buyers are aware of the importance of using a mortgage broker to secure the best possible financing package for their property purchase. Especially as in France and England, this approach allows them to benefit from the best possible loan terms while saving time.” Moreover, mortgage brokers are able to offer better interest rates than banks do.