Tax Neutrality

  • Luxembourg does tax nor premiums nor capital gains realized upon the redemption or expiration of the contract or the benefit paid to the beneficiary ;
  • The Luxembourg life insurance contracts are excluded from the scope of the European Directive on the taxation of savings from 1 July 2005;
  • The Luxembourg-based life insurance contracts are in perfect agreement with the European directives and are designed to meet the legal and tax requirements of the country of residence of the applicant. Taxation applicable for both policyholders and beneficiaries, is that of their country of residence. The tax benefits of the country of residence of the purchaser apply in full to the Luxembourg Insurance contract. The Luxembourg life insurance contract is a perfect neutral for Luxembourg non-resident people.
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