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What you need to know to move to Luxembourg

Like many expatriates, you have decided to move to Luxembourg. You probably have a lot of questions to ask yourself in preparation for your move: What is the cost of rent, where to live or what are the legal obligations? The AXA Paul Hengen branch is there to guide you:

The price of a rental in Luxembourg 

To follow the real estate market in Luxembourg, the best thing to do is to visit the website of the Housing Observatory.

According to the site, a studio apartment costs an average of €1000 per month. For flats and houses, you should expect to pay €1300 for a one-bedroom, €1600 for a two-bedroom and €2300 for a three-bedroom.

Sharing a house is also very popular in Luxembourg City for newcomers who see it as a way of reducing their budget and giving them more space.

Rents will vary depending on the area you move to. The most affordable areas are Beggen in the north, Hamm in the east and Gasperich in the south. If you want to be closer to the centre, Howald, Bonnevoie and Belair are good compromises.

How to search for your accommodation?

Firstly, property websites are a must. Offers can be quickly snapped up and you need to be able to react or be on site to visit.

Then the estate agents will make your job easier. They will cost you the equivalent of one month's rent in commission, excluding charges.

The third option is social networks, with the many expatriate Facebook groups that regularly post ads when they return their flat.

The terms of the lease agreement

To validate your installation, you will sign a rental agreement with your landlord. All you need to bring with you is a piece of identification, your last three pay slips and your employment contract.

Finally, the landlord will ask you for a rental liability insurance at the time of signing. You can obtain one very quickly from our AXA Paul Hengen branch to provide it to your landlord.

It should be noted that according to Luxembourg law you must also insure the goods in your flat by means of a capital contents insurance policy which you can You can also subscribe in our agency.

Then the lease is usually for 3 years. It can be renewed 3 months before the end of the term. If you leave your accommodation, you will have to give three months' notice. The deposit is set at 3 months' rent for furnished accommodation and 2 months' rent for unfurnished accommodation.

What are the property prices at the moment?

Prices are slowing down. Interest rates are rising. What are the trends for the coming months?
Read the analysis

Steps to take when you set up

Once you are settled, the first thing to do is to compare offers Internet, TV and telephone services in Luxembourg and to open your contracts. You should also think about what might be useful if you are moving to Luxembourg for the first time: like a bank account.

You must also remember to register with the commune within 7 days of your arrival, which will issue you with a compulsory residence certificate. If you are moving to Luxembourg City, this is the Bierger-Center on the Place Guillaume II and all you need to bring is your lease agreement and an identity card.

If you come with a vehicle, you have 6 months to register it with your municipality. For registration procedures and car insurance, contact us at AXA Paul Hengen branch to be accompanied.

If you come with a pet, you should know that dogs must be declared to the local administration. The cost is about ten euros per year, which varies according to the commune.

So for your home, your car and for your health needs, contact the AXA Paul Hengen branch in Belair and Bofferdange, who will help you with your procedures, on +352 25 00 052, paul.hengen.agent@axa.lu.

Article sponsored by AXA Luxembourg

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Written by

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Posted on

23 August 2019

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