Overview

Associations: Switzerland

Capital: Vaduz

Government: Hereditary constitutional monarchy

Location: Liechtenstein is a tiny jurisdiction situated in Western Europe and bordering Switzerland to the west and Austria to the east.

Climate: Liechtenstein has a continental climate and cloudy winters with frequent snow and rainfall and cool to moderately warm, cloudy, humid summers.

Religion: An overwhelming majority of Liechtenstein’s population is Roman Catholic, but there is a small portion of the population is Protestant.

Entry and Exit: Liechtenstein does not have an airport but Switzerland’s Zurich airport is only a one-hour drive away.

Non-resident stay: Visas are not required for tourist or business stays of up to 90 days. Experts suggest not maintaining a home, working, or running a business in Liechtenstein in order to avoid paying taxes in Liechtenstein.

Language: German is the official language Liechtenstein, but a dialect known as Alemannic is also used.

Communication: Liechtenstein has an excellent, world-class communications infrastructure.

Currency: Swiss Franc (CHF)

GDP per capita: $25,000 (1999 estimates)

Main industry: Electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, and optical instruments are all essential industries in Liechtenstein.

Unique characteristics: Liechtenstein is known for its strict banking secrecy laws and is considered by some to be a great haven for T-7 money. It is also possible for high-net worth individuals to obtain numbered accounts. The jurisdiction is also known for its unique corporate and trust structures, foreign holding companies, and banking and investment funds. Also, superior management services are available for all types of entities.