LOAN FROM LUXEMBOURG FOR FOREIGNER NON RESIDENT
A loan from Luxembourg consists of a funding facility granted thanks to a Luxembourgian bank or any kind of Luxembourgian lender helping a borrower who is non-resident as well as foreigner.
A loan from Luxembourg is aiming to provide with funds to a person who is not residing in the country and being foreigner because facing some obstacles to obtain financing in his/her home country.
In Luxembourg, a loan is normally intended for resident individuals as well as companies domiciled in the country, since banks lend easily to borrowers with security in Grand Duchy of Luxembourg.
Luxembourg offers under special conditions loans for people who do not have their main residence in Luxembourg, but who offer in return strong guarantees to make the credit file solid.
In Luxembourg, as in other foreign countries, applying for loans when you are not a resident calls for caution especially when the only contact is limited to emails as it is often a scam.