Several other factors explain Luxembourg’s appeal: its recognised expertise in private banking, its natural international outlook (with over 120 nationalities living and working side by side), and its multilingualism (being trilingual is standard for local employees). Combined with the country’s political and fiscal stability (Luxembourg has had just nine Prime Ministers since 1945), these advantages made it the obvious choice to serve members around the globe.

And these strengths have only grown. Luxembourg is now the world’s second-largest fund centre and Europe’s leading hub for wealth management insurance, a preferred tool for high-net-worth individuals to structure and pass on their assets.

Yet Luxembourg has not turned its back on advanced non-financial sectors. It has heavily invested to attract world-class players in the automotive industry, plastics, e-commerce and robotics. Strategic state holdings in companies like ArcelorMittal, SES and Cargolux have helped the country retain and grow global champions on its soil.

To support this development, Luxembourg has committed itself to becoming a global model for good governance. With its two financial regulators, the CAA (for insurance) and the CSSF (for banks, investment funds, and professionals like AMFIE), the country has become one of the strictest jurisdictions when it comes to fighting money laundering and terrorist financing. It now even sets an example for larger countries that still struggle in this area.

Luxembourg also succeeds in combining an exceptional level of material well-being (its citizens are the “richest in the world” in terms of GDP per capita) with a high quality of life. The country remains small, people-centric, safe, and easy to navigate, and the countryside and fresh air are never more than 10 minutes from the city center.

And when it’s time to travel Luxembourg is well connected to the rest of the world through Findel, its growing international airport. It’s a convenient base for our globetrotters Janine, Svend and Miguel, who use it regularly to meet you wherever you are. Of course, they prefer the train for most of their European travels.

The icing on the cake: AMFIE members benefit from deposit protection on their assets, guaranteed by the Luxembourg Deposit Guarantee Fund (FGDL). Backed by one of the few countries in the world with a coveted Triple-A credit rating and public debt below 30% of GDP, this guarantee helps our members sleep soundly at night.