The financial sector is constantly evolving, and the impact of new generations of professionals is becoming increasingly evident. Young talents, with their fresh perspectives and skills tailored to the demands of a globalized and digital environment, are transforming the financial industry and driving it toward the future.

In this September edition of SFF Magazine, we explore the crucial role that new generations are playing in shaping the future of finance, with a particular focus on Luxembourg, a country that has established itself as a true international financial hub. Thanks to its dynamic environment, Luxembourg offers young international professionals a unique platform for developing their careers in the financial sector.

Furthermore, the Luxembourg government has recently adopted a set of measures aimed at attracting international talent and strengthening its financial center. These tax reforms, announced by Finance Minister Gilles Roth in July 2024, include key incentives such as the simplification of the expat regime, offering a 50% exemption on gross annual remuneration up to a maximum of €400,000, and the introduction of a special bonus for young employees under 30, which will be partially tax-exempt. Additional tax benefits for cross-border workers and a reduction in corporate income tax have also been implemented, reinforcing Luxembourg’s competitiveness as a financial center.

In line with this focus on young talent, the Official Spanish Chamber of Commerce in Belgium and Luxembourg is organizing, for the first time, a training program aimed at young Spanish professionals seeking to gain expertise and a foothold in Luxembourg’s financial sector. The program, “Introduction to the Luxembourg Financial Market”, will take place from October 1st to 11th, 2024, offering 12 young individuals the opportunity to acquire the necessary skills to work in banking, the fund industry, insurance, and other areas of Luxembourg’s financial sector. Upon completion, participants will be offered a six-month contract in a financial company.

This dossier features a series of articles authored by leading companies in the SFF, highlighting key trends and opportunities for young professionals in the sector. From the new skills and capabilities in demand, to practical advice for starting a career in Luxembourg, as well as the various opportunities this country offers for professional growth. Each article provides a clear and valuable guide for those looking to advance their careers in the competitive financial world.

We are confident that the topics presented here will not only interest younger professionals but also anyone invested in the future of finance and how the new generations are leading this transformation.