HIGHEST PAYING JOBS in Luxembourg | Jobs for FOREIGNERS 2024 | Where to move if not UK
Summary
TLDRThis video offers an in-depth look at Luxembourg's job market, highlighting the highest and lowest paying jobs in 2024. With average annual salaries ranging from €90,000 to €220,000 for top earners like CEOs and doctors, to €22,000 to €34,000 for roles like dishwashers and factory workers. It explores the cost of living, with singles spending €2,500 to €3,000 and families up to €7,000 per month. The video also covers visa options for foreigners and the importance of language skills, providing a comprehensive guide for those considering moving to Luxembourg for work.
Takeaways
- 🏦 Luxembourg is a financial hub with a strong economy, offering some of the highest salaries in Europe.
- 💰 The average monthly salary in Luxembourg is around €5,200 gross, equating to €62,400 annually before taxes.
- 💼 Top-paying jobs in 2024 include surgeons, lawyers, IT directors, investment bankers, finance managers, CEOs, pharmacists, engineers, software engineers, and university professors.
- 🍽️ Lower-paying jobs, despite their lower income, still offer decent wages compared to other countries, such as dishwashers, waitstaff, retail cashiers, cleaners, security guards, childcare workers, delivery drivers, receptionists, factory workers, and bartenders.
- 🏡 The cost of living for a single person in Luxembourg is approximately €2,500 to €3,000 per month, and for a family of four, it's around €5,500 to €7,000 per month.
- 🏢 Rent in Luxembourg City for a one-bedroom apartment can range from €1,800 to €2,500, while outside the city, it's €1,300 to €1,800.
- 🌐 Luxembourg is multilingual, and knowledge of French, German, or Luxembourgish can be advantageous, although English is sufficient for many jobs.
- 📈 Finance and legal sectors are the most accessible for foreigners, with companies like Amazon, PwC, C-Stream, Ferrero, RTL Group, and the European Investment Bank actively recruiting international talent.
- 📄 Visa options for foreigners include a work visa, the EU Blue Card for highly qualified workers, and an intra-company transfer permit.
- 🌐 Luxembourg has a streamlined process for work visas, especially for EU citizens, with non-EU citizens requiring more steps but still having access to high-demand fields.
Q & A
What is Luxembourg known for in terms of economy and salaries?
-Luxembourg is known as a financial hub with a strong economy, and it is home to some of the highest salaries in Europe, with an average monthly salary of around €5,200 gross as of 2024.
What are the top highest paying jobs in Luxembourg in 2024?
-The top highest paying jobs in Luxembourg in 2024 include surgeons or doctors, lawyers or legal professionals, IT directors or chief technology officers, investment bankers, finance managers, CEOs, pharmacists, engineers, software engineers, and university professors.
What is the average annual salary range for a surgeon or doctor in Luxembourg?
-Surgeons or doctors in Luxembourg earn anywhere from €150,000 to €500,000 per year.
How does the cost of living in Luxembourg compare to the salaries?
-The cost of living in Luxembourg is on the higher side, with a single person's cost of living being about €2,500 to €3,000 per month, and a family of four looking at around €5,500 to €7,000 per month.
What are some of the lowest paying jobs in Luxembourg, and what are their salary ranges?
-Some of the lowest paying jobs in Luxembourg include dishwashers or kitchen helpers, waiters and waitresses, retail cashiers, cleaners or janitors, security guards, childcare workers, delivery drivers, receptionists, factory workers, and bartenders, with salaries ranging from €22,000 to €34,000 per year.
What is the minimum wage like in Luxembourg compared to other countries?
-Even though these roles may not pay as high, the minimum wage in Luxembourg is still quite decent compared to many other countries.
Which sectors in Luxembourg are known for hiring foreigners?
-The sectors in Luxembourg that are known for hiring foreigners include finance, legal services, hospitality, retail, and construction.
What languages are advantageous to know when looking for a job in Luxembourg?
-Speaking French, German, or Luxembourgish can be a huge advantage when looking for a job in Luxembourg, although English is usually sufficient for jobs in finance and IT.
What are some of the main visa options for foreigners looking to work in Luxembourg?
-The main visa options for foreigners looking to work in Luxembourg include a work visa, the EU Blue Card for highly qualified workers, and the intra-company transfer permit for those transferring within a company.
Which companies in Luxembourg are known for actively recruiting foreigners?
-Some of the top companies in Luxembourg known for actively recruiting foreigners include Amazon, PwC, C stream (DSP LX), Ferrero, RTL Group, and the European Investment Bank (EIB).
What are some of the challenges non-EU citizens might face when applying for work visas in Luxembourg?
-Non-EU citizens will need to go through more steps when applying for work visas in Luxembourg, but it is still possible, especially for high demand fields.
Outlines
💼 High and Low Salaries in Luxembourg
This paragraph introduces Luxembourg as a financial hub with high average salaries, averaging around €5,200 gross per month or €62,400 annually before taxes. It discusses the top highest paid jobs in 2024, including surgeons, lawyers, IT directors, investment bankers, finance managers, CEOs, pharmacists, engineers, software engineers, and university professors, with annual salaries ranging from €70,000 to over €200,000. It also mentions the lower end of the pay scale, with jobs like dishwashers, waitstaff, retail cashiers, cleaners, security guards, childcare workers, delivery drivers, receptionists, factory workers, and bartenders earning between €22,000 and €34,000 a year. The paragraph emphasizes that even lower-paid roles in Luxembourg offer relatively high salaries compared to other countries.
🏡 Cost of Living and Visa Options in Luxembourg
The second paragraph delves into the cost of living in Luxembourg, which is high but balanced by the high salaries. For a single person, the monthly cost ranges from €2,500 to €3,000, and for a family of four, it's between €5,500 and €7,000, including rent, groceries, transportation, and utilities. Rent prices are particularly high, especially in Luxembourg City. The paragraph also covers job opportunities for foreigners, with finance and legal services being the most accessible sectors. It mentions the importance of language skills and lists companies known for hiring international talent. Finally, it outlines the main visa options for foreigners looking to work in Luxembourg, such as the work visa, EU Blue Card, and intra-company transfer permit, noting that the process is streamlined for EU citizens and possible for non-EU citizens in high-demand fields.
Mindmap
Keywords
💡Luxembourg
💡Cost of Living
💡Salary
💡Visa Options
💡Finance
💡Technology
💡Healthcare
💡Minimum Wage
💡Multilingual
💡International Talent
💡EU Blue Card
Highlights
Luxembourg is one of the wealthiest countries in the world with high salaries.
The average monthly salary in Luxembourg for 2024 is around €5,200 gross.
Luxembourg has a high cost of living, which impacts the affordability of high salaries.
Surgeons and doctors are among the highest paid, earning from €150,000 to €500,000 annually.
Lawyers and legal professionals earn between €120,000 to €180,000 per year.
IT Directors and CTOs can earn from €140,000 to €200,000 annually.
Investment bankers earn between €130,000 to €180,000 a year.
Finance managers earn between €110,000 to €170,000 per year.
CEOs can earn from €150,000 to €220,000 annually.
Pharmacists earn between €90,000 to €120,000 a year.
Engineers, including civil, mechanical, and electrical, earn from €80,000 to €120,000 annually.
Software engineers make between €85,000 to €130,000 a year.
University professors earn between €70,000 to €100,000 per year.
Luxembourg offers a decent minimum wage even for lower-paid roles.
The cost of living for a single person is about €2,500 to €3,000 per month.
For a family of four, the cost of living ranges from €5,500 to €7,000 per month.
Rent in Luxembourg City for a one-bedroom apartment can cost between €1,800 to €2,500.
Finance and legal services are sectors with the most job opportunities for foreigners.
Luxembourg is a multilingual country, and language skills can be an advantage.
Top companies in Luxembourg actively recruiting foreigners include Amazon, PwC, and others.
There are several Visa options for foreigners to work in Luxembourg, including the work visa and EU Blue Card.
Luxembourg has a streamlined process for obtaining work visas, especially for EU citizens.
Transcripts
hi everyone welcome back today we're
diving into Luxembourg one of the
wealthiest countries in the world and
home to some of the highest salaries in
Europe so whether you're considering
moving to Luxembourg for work or you're
just curious I've got all the details
for you from the top 10 highest paid
jobs to the lowest paid jobs in 2024
plus what it's like to live there the
cost of living insights Visa options and
more so stick around for the full scoop
if you're new I am ashika and I talk
about moving across the world to work or
study and with that let's dive in so
Luxemburg is a Financial Hub with a
strong economy and the average salary
here is quite high as of 2024 the
average monthly salary in Luxembourg is
around 5,200 gross that's 62,400
annually before taxes now while that
does sound amazing keep in mind that the
cost of living here is also on the
higher side which we'll get to in a
later bit let's get right into it the
top highest paid jobs in Luxembourg in
2024 along with the average annual
salaries and these are the dools that
bring in the big bucks surgeons or
doctors earn anywhere from 150,000 to
€50,000 lawyers or legal professionals
get € 120 to €180,000 it directors or
chief technology officers earn anywhere
from €140,000 to €200,000 per year
investment bankers earn anywhere from €
130,000 to 18 180,000 a year and finance
managers earn anywhere from € 110,000 to
€ 170,000 a year CEOs earn anywhere from
150,000 to 220,000 a year and
pharmacists earn anywhere from 90,000 to
120,000
a year Engineers which are civil
mechanical and electrical earn anywhere
from 80 to €120,000 a year software
engineers make from 85,000 to €130,000 a
year and University professors make
anywhere from 70,000 to
€10,000 per year now as you can see
Luxemburg is a paradise for high-paying
careers especially if you are in finance
Tech or Healthcare but on the other side
let's look at some of the lowest pay
jobs in Luxenberg even though these
roles may not pay as high the minimum
wage is still quite decent compared to
many other countries dishwashers or
kitchen helpers make anywhere from
22,000 to 26,000 a year waiters and
waitresses make anywhere from € 23,000
to 28,000 a year retail cashiers make
anywhere from €4,000 to €30,000 cleaners
or janitors make anywhere from € 22,000
to
27,000 security guards make anywhere
from 26 to 32,000 childcare workers earn
between €25,000 and €30,000 delivery
drivers earned between € 24,000 and
$30,000 receptionist earned between 25
and3 32,000 Factory workers between 25
and 34,000 and bartenders between €
24,000 and $30,000 so even for some of
the lower paid roles the salary is still
relatively High considering the high
quality of life that Luxembourg offers
now let's talk about the cost of living
because it plays a big part in
understanding how far these salaries can
stretch in 2024 the cost of living for a
single person is about € 2,500 to 3,000
per month depending on your lifestyle
and where you live for a family of four
you're looking at around 5,500 to €7,000
per month including including rent
groceries transportation and utilities
now rent can be a major expense
especially in the capital Luxembourg
City a one-bedroom apartment in the city
center can cost you around 1,800 to
2,500 a month while outside the city
it's around 1,300 to 1,800 so even
though the salaries are high so are the
living costs especially if you plan on
moving with your family if you're a
foreigner looking to work in Luxemburg
you'll be glad to know that there are
plenty of opportunities especially in
certain sectors the easiest jobs to
apply for for foreigners are in finance
it legal services because these
industries are thriving in Luxembourg
and they're always on the lookout for
international Talent other sectors like
Hospitality retail and construction also
higher foreigners but they typically
offer lower salaries keep in mind
Luxemburg is a multilingual country and
speaking French German or luxemburgish
can be a huge Advantage although English
is always usually sufficient for jobs in
finance and it some of the top companies
in Luxembourg actively recruiting
foreigners include Amazon the PWC C
stream which is basically D SP LX a
Ferrero RTL group ASA mdle European
Investment Bank or EI and sees these
companies are known for hiring
International Talent especially in roles
related to finance technology Logistics
and Consulting so how do you actually
get to Luxembourg for work here are the
main Visa options for foreigners there's
a work visa if you have a job offer from
a company in Luxemburg you can apply for
a work visa there's also the EU blue
card this is for highly qualified
workers it's allows and it allows you to
work across the EU there's the intra
company transfer permit for people
transferring from a company's Branch
outside Luxembourg to a branch within
the country now Luxemburg has a
relatively streamlined process for
getting work visas especially if you're
coming from within the EU non euu
citizens will need to go through more
steps but it is totally possible
especially for high demand Fields now
that's a wrap on today's video for the
top 10 highest and lowest paid jobs in
Luxemburg we've covered everything from
salaries to the cost of living to the
best jobs for foreigners and Visa
options so if you're thinking about
moving to Luxemburg or just curious I
hope this video was helpful and gave you
some tangible insights don't forget to
hit that like button and subscribe for
more such content thanks for watching
and see you in the next video
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