It is Europe's fourth-smallest country, with an area of just over 160 square kilometres (62 square miles) and a population of 37,877.
Economically, Liechtenstein has one of the highest gross domestic products per person in the world when adjusted for purchasing power parity.It was once known as a billionaire tax haven, but is no longer on any blacklists of uncooperative tax haven countries.
Liechtenstein and Switzerland represent one mutual economic area with open borders between the two countries. Often, expanding to one of these nations will include expanding to both.
Despite its limited natural resources, Liechtenstein is one of the few countries in the world with more registered companies than citizens; it has developed a prosperous, highly industrialized free-enterprise economy and boasts a financial service sector as well as a living standard that compares favourably with those of the urban areas of Liechtenstein's much larger European neighbours.
. Industries include electronics, textiles, precision instruments, metal manufacturing, power tools, anchor bolts, calculators, pharmaceuticals, and food products. Its most recognizable international company and largest employer is Hilti, a manufacturer of direct fastening systems and other high-end power tools. Many cultivated fields and small farms are found both in the Oberland and Unterland. Liechtenstein produces wheat, barley, corn, potatoes, dairy products, livestock, and wine.
MISCELLANEOUS INVESTMENT FACTS
The country imports about 85% of its energy
Tourism accounts for a large portion of its economy.
The tax rate on corporate profits is 12.5%
Treaties & Agreements
Liechtenstein is a member of the United Nations, the European Free Trade Association, and the Council of Europe, and although not a member of the European Union, it participates in both the Schengen Area and the European Economic Area. It also has a customs union and a monetary union with Switzerland.
The United States and Liechtenstein have signed a mutual legal assistance treaty, focused largely on jointly combating money laundering and other illegal banking activities, and a tax information exchange agreement.
Overview of Opportunities in Liechtenstein
Relevant Industries to Focus On
Banking and Financial Services
Travel and Tourism