Liechtenstein has an alpine climate, breathtaking scenery, rich culture and low taxes that attract expats. Find out the advantages and disadvantages of moving to Liechtenstein in 2024

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Liechtenstein is a small state located between Switzerland and Austria, which impresses with the charm of both countries. Thanks to the flourishing economy, in recent years Liechtenstein has become an increasingly attractive place for people who want to live here. As one of the world's most industrialized countries, a strong financial center and a leading nation in high-tech innovation, the principality attracts many expats, but like many countries around the world, moving to Liechtenstein has its advantages and disadvantages.

We talk about the pros and cons of living in Liechtenstein in this article.

Pros of living in Liechtenstein

1. Strong economy

With a high level of industrialization, a free enterprise economy, and one of the world's highest per capita incomes, Liechtenstein is one of the most successful countries in the world.

2. High salaries

Liechtenstein has one of the highest wage levels in Europe. The average monthly salary is about 7,560 USD.

3. Low level of unemployment

The unemployment rate in Liechtenstein is low. It is significant that it has especially decreased in recent years. Currently, it is about 1.6%.

4. Medical insurance

All people living or working in Liechtenstein have access to health insurance. Considering that the level of development of medical care in the state is excellent, this is a pleasant factor.

5. Beautiful nature

Located in the heart of Europe, between Switzerland and Austria, Liechtenstein is a land of culture, history and dramatic scenery. In this Alpine state, visitors will discover unspoiled nature, stunning castles, royal heritage and interesting historical sites.

Liechtenstein, despite its small size, is a popular tourist destination due to its stunning natural scenery, rich history and cultural attractions. Read here what to see, what to do in Liechtenstein and what entry rules are relevant in 2024.

6. Advantageous geographical position

Liechtenstein is close to Switzerland, Austria and Germany. Therefore, you can easily travel to these countries, explore them and spend interesting weekends.

7. Delicious cuisine

Liechtenstein's location in the heart of Europe means that the country has quite a variety of cuisine, and some dishes are considered truly unique. Liechtenstein cuisine is often described as simple, rich and hearty.

In order to safely move, travel or work in a new country, you will need health insurance. You can issue an extended policy on our website using the link.

Cons of living in Liechtenstein

1. A small country

Due to the fact that the state is small, you cannot expect the lively life of a big city or just the activity of a metropolis. The largest district will include only 6,000 residents.

2. Cost of living

Living costs in Liechtenstein are very high, so it is important to build up some savings before planning to move to the country.

3. Limited transportation

Liechtenstein does not have an airport or a train station, so to go to another country you have to go to Zurich or some other nearby cities.

Liechtenstein is an attractive place to start a business as well as to live here. Therefore, moving to the country will be a good stage in the life of expats.

We will remind you! Liechtenstein is one of the richest countries in Europe, to which thousands of expats dream of moving. However, it is quite difficult to do this, because in the country there is a quota for issuing a residence permit. We have already told what methods of moving to Liechtenstein are available to foreigners and how to obtain a residence permit in the country in 2024.

Igor Usyk - Head of Migration department at VisitWorld

To ensure a safe move to a new country, I advise you to consult a specialist. My colleagues, qualified specialists with a legal education, will help you avoid unpleasant situations during migration.

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