DEFINITION
Luxembourg has established a strict regulatory framework
designed to provide the most beneficial protection for interests of
individual investors using Luxembourg life insurance contract as an
investment tool.
OBJECTIVE, PURPOSE
Luxembourg life insurance is an investment which combines the
following within the framework of a long term investment
approach:
- Various financial vehicles;
- A specific legal framework;
- A preferential tax framework.
When Luxembourg life insurance contract is used as an investment
vehicle, it allows investors to combine financial and patrimonial
objectives. In the past life insurance has gradually opened up to
investment funds and thus to stock markets. Similarly, its legal
framework is simple and legal means of ensuring transfer of
constituted assets on good terms and sometimes with the benefit of
advantageous fiscal measures are in place.