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Country Analysis: The Tax Haven of Liechtenstein

Published: July 1, 2014; 19:15 · (Vindobona)

Liechtenstein has the highest gross domestic product per person in the world when adjusted by purchasing power parity. Liechtenstein is the smallest yet the richest (by measure of GDP per capita) German-speaking country and the only country to lie entirely in the Alps. Since the late 1970s it used its low corporate tax rates to draw many companies to the country becoming one of the wealthiest countries in the world.

The Tax Haven of Liechtenstein / Picture: © Wikipedia / Added ramos

Liechtenstein, officially the Principality of Liechtenstein, is a doubly landlocked alpine country in Central Europe, bordered by Switzerland to the west and south and by Austria to the east and north.

Its area is just over 160 square kilometres (62 square miles), and it has an estimated population of 35,000. Its capital is Vaduz. The biggest town is Schaan.
This article includes a total of 3532 words.

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