The strategy of La Mondiale Europartner is based on the mobility of capital and persons and the use of life insurance policies as a vehicle for financial engineering.
Mobility of capital
- Cross-border financial opportunities
- Families with homes throughout Europe who are looking for a central place to consolidate their assets
Mobility of persons
- People travelling from one country to another who wish to guarantee the security and financial optimisation of their savings
- Inter-Europe migration associated with disparities in tax systems for non-residents and north-south movements
- Professional relocation abroad accompanied by a demand for personal insurance
- Relocation abroad of employees of multinationals
- Inhabitants of frontier zones
- Students-Teachers at British-run international schools
Parameters of the mobility scope
The regulatory environment of the European Economic Area is defined under EC legislation, but also and always individual national legislation. La Mondiale Europartner therefore offers/proposes solutions in line with local regulations, which nevertheless make it possible to enjoy the benefits of the Luxembourg market.
Applicable regulations
| European Directive (2002/83/EC) | Law applicable to policy: local law of country Luxembourg laws and regulations apply to the assets held in the policy
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| Insurance law | Law of country of residence Law of policyholder’s country of origin Law of Company’s country of residence
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| Communication and disclosure of information to customer | Pre-contractual disclosures Disclosures on taking out of policy Disclosures during the life of the policy Financial disclosures
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| Applicable tax law
| Tax treatment of life insurance Rules in case of survival: tax treatment of savings income Rules in case of death: application or non-application of estate duty Mechanism applicable to non-residents under bilateral agreements |