160 square kilometres small, 37,000 inhabitants, 17 banks. Located at the heart of Europe. Yet Liechtenstein is slightly different.
The small country on the River Rhine is characterised above all by its exceptional stability. Liechtenstein has been an independent state for over two centuries, and has been a constitutional monarchy for more than 150 years. The customs union with Switzerland has existed for almost 100 years. The Principality remained neutral in both World Wars.
This stability has made Liechtenstein one of the world's most prosperous countries. The financial sector, which generates around one third of economic output, has also benefited enormously. Banking secrecy and low corporate taxation mean the country has long been a popular domicile for foreign foundations and companies. Its banks have capital ratios that are far above average.
Liechtenstein has been a member of the European Economic Area since 1995, giving it unrestricted access to the European market. In recent years the financial sector has also adopted many European regulations, making it a modern and attractive location to do business in the middle of Europe.