The State allocates them a €100 housing-savings subsidy if the following conditions are met:
- legal domicile in Luxembourg
- holder of a housing savings account
- written request to the Housing Support service before the child reaches the age of 6
- minimum savings of €240 by the time the child reaches the age of 16
The housing savings account receives a high interest rate. The funds cannot be released before the holder is 30 years old except to finance the purchase of a home.
Please don’t hesitate to contact an adviser at the Raiffeisen agency of your choice for further information.