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Liechtenstein General Tips by Dabs

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Liechtenstein General Tips by Dabs
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Real Name: Kristi
Lives In: Chicago, US
Member Since: Jun 26, 2002
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Liechtenstein General Tips
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General Tips: Money matters
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  • Written by Dabs on Sep 9, 2007
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    • Favorite Thing: Liechtenstein's official currency is the Swiss Franc (CHF) although at least one place we went asked us if we wanted to use Euro or Swiss Franc.

    Liechtenstein is not cheap, we spent a bit of time trying to find a souvenir to add to David's collection at work and couldn't locate anything that was reasonably priced or for that matter interesting. Same thing goes for tshirts for my niece and nephew, way overpriced, so we decided to send them a postcard instead.

    We used both our Visa card here and our ATM card with no problem.


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    General Tips: Tax haven
  • Tip Rating:
  • Written by Dabs on Sep 9, 2007
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    • Favorite Thing: For such a small country, Liechtensteiners have a very high standard of living thanks in part to the country's function as a tax haven. It is easy to form a corporation in Liechtenstein and they have a very low business tax rate which makes it an attractive place to form a legal entity and do business. The formation of foundations registered in the name of an attorney or other Leichtensteiner, created to protect the privacy (or some may say hide the assets) of foreign financial holdings, also contributes to the economy.


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    Comments for Dabs about Liechtenstein
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    VeronicaG Wed Apr 16, 2008 21:57 UTC
     How many people can say they visited Liechtenstein--you can, Kristi!    		SWFC_Fan Tue Mar 18, 2008 19:03 UTC
     I need to put aside a weekend, fly to Zurich and then spend a couple of hours crossing this little country off my list! :-) You'll be fine in Norway without having to resort to fast food places...prices are a bit cheaper than Iceland! :-)
    Nemorino Sun Mar 16, 2008 00:10 UTC
     Thanks for mentioning the fact that Liechtenstein is a tax haven. One of the big scandals here in Germany in recent weeks has to do with very prominent (and supposedly clean-nosed) rich Germans using Liechtensteinian "foundations" for tax evasion.    		starship Fri Mar 14, 2008 13:44 UTC
     Nice page! I also lament the fact that many countries no longer stamp passports -- it not only documents that you entered that country but it's kind of a souvenir in a way! At least US immigration is vigilant of who enters/leaves the country!
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