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Minimum Rental Periods
The minimum rental agreement period is typically 1 year. Furnished serviced apartments can be rented for 3-6 months
Required Documents for Signing a Lease
Typical requirements to sign a lease are:
Standard Security Deposit
The security deposit is equivalent to 2-3 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned after completion of inventory, inspection of outstanding refurbishments, and cleaning.
Outstanding payments for utilities, water, electricity, and repairs will be deducted if necessary.
Return of the deposit can take up to 6 months depending on when utility providers can send invoices for final calculation.
Rental Commission
Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission equal to 1 months’ rent plus 17% Value-Added Tax (VAT).
Payment of Rental Commission
The agent’s rental commission is typically paid by the tenant.
Accepted Method of Payment
Wire transfers are the most common method of payment.
School Fees
Typical private school fees include:
Public schools are free of charge.
Accepted Method of Payment
Bank transfers are the most common method of payment.
Residency Requirements
When you move to Luxembourg you may want or need to establish residency. Requirements may include:
EU Citizens
Non-EU Citizens
It is advisable to connect with a local expert to identify any additional requirements and advise on support available to assist in meeting the local requirements.
Requirements
Typical documentation required to obtain a driver’s license include:
Additional Notes
Non-EU driver’s licenses will be sent to the country where it was isued (or to the according embassy); US and Japanese driver’s licenses will be kept and can be exchanged when the applicant leaves Luxembourg.
Required Documents
In order to open a bank account, you may be asked for:
Time Required
Typically opening a bank account can be completed in 1 day.
Additional Notes