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User / BlueberryAsh / Spuerkeess Z62_4490
Beverley Van Praagh Off & On / 1,661 items

Peaking up through the masses of autumn foliage is the turret of the State Bank and Savings bank, the leading national financial institution founded in 1856 and is wholly owned by the government of Luxembourg.

Despite its small size and low population, Luxembourg is one of the wealthiest nations in the world. Much of the country's source of income comes from its extremely lucrative financial sector, which accounts for 25 per cent of its GDP.

Apparently it has a "favourable" tax regime which is why many rich people move there.
Popularity
  • Views: 1499
  • Comments: 27
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Dates
  • Taken: Dec 21, 2023
  • Uploaded: Dec 20, 2023
  • Updated: Jun 26, 2024