Liechtenstein
In Liechtenstein we trust.
Study the past if you want to define the future.
The Principality of Liechtenstein stands for political stability, discretion and security.
Our small country (38’000 inhabitants) is located at the heart of Europe, between Switzerland and Austria. Zurich is one hour away. Munich is two hours by car and most European cities can be reached within two hours via the Zurich airport or via the small airport in Altenrhein only half an hour away from our headquarter in Schaan.
Insight
Liechtenstein is a constitutional hereditary monarchy on a democratic and parliamentary basis. As a result of this unique form of government, political decisions are reached by a consensus of the monarch, the parliament and the people. The Head of State is Prince Hans-Adam II, the thirteenth Prince of Liechtenstein.
The Princely House of Liechtenstein has a history dating back hundreds of years. The family gave the Principality of Liechtenstein its name and is engaged in several activities within the country and all over the world.
Prince Hans-Adam II of Liechtenstein is, however, the first Prince who actually grew up in Liechtenstein. Since 1938 the family resides at Vaduz Castle, the country’s iconic building that stands majestically 120 metres above the capital city Vaduz.
Liechtenstein’s Government comprising of the Prime Minister and four Ministers is a collegial body reporting both to the Parliament (‘Landtag’) – the highest legislative organ – and to the Reigning Prince (H.S.H. Prince Hans Adam II. von und zu Liechtenstein), the head of state.
The Government is appointed by the Reigning Prince following a proposal by Parliament and serves a four-year term. The seat of the Government is the country’s capital, Vaduz
Our success as a financial center is attributable to its strong regulatory framework and its extremely high quality standards. The rating agency Standard & Poor’s has assigned the Principality of Liechtenstein the highest sovereign rating of AAA. Liechtenstein is distinguished by extensive experience, tradition and professionalism in financial services and private banking, as well as strict laws to protect investors.
Not only thanks to the Customs Union of 1923 with Switzerland and the adoption of the stable Swiss franc as the official currency we offer as a result of the Monetary Union in Liechtenstein competence and stability and many more success factors:
- High level of political, economic
- Social stability
- AAA country rating by Standard & Poor’s
- Moderate corporate taxation
- Short and efficient decision-making channels
- Innovation-friendly environment
- High level of education and business-friendly labour market policy
- Broadly diversified economy with a strong industrial sector
The first bank in Liechtenstein was founded in 1861. Today – alongside banks, insurers, and professional trustees – the financial center includes fund companies, asset managers, and numerous public-benefit foundations.
With a contribution to GDP of 24%, the financial center is the second most important economic sector after the broadly diversified industrial sector at 40%. The banks in Liechtenstein have unrestricted access to the Swiss and European Single Market.
The Financial Market Authority (FMA) Liechtenstein ensures in accordance with its legislative mandate the stability of the Liechtenstein financial market.
It is an integrated and independent supervisory authority that supervises all financial market participants in the Liechtenstein financial center.
Two licensed trust companies of the Jeeves Group are legal members of the Liechtenstein Institute of Professional Trustees and Fiduciaries.
The Liechtenstein Institute of Professional Trustees and Fiduciaries is a public body, which safeguards the honour, the reputation and the rights of the Liechtensteinstein trustees.
The University of Liechtenstein is an inspirational thinking space and offers Architecture and Planning as well as business administration with an emphasis on entrepreneurship, finance and information systems.
As a member of the University teaching staff our Group CEO Alex Jeeves lectures regularly on International Trust Business.
With 160 square kilometers the Principality of Liechtenstein is the sixth smallest country in the world and located in the heart of Europe.
Our country consists of eleven municipalities. These municipalities are home to approximately 38’000 residents. Liechtenstein’s frontiers are 41.2 km with Switzerland and 36.7 km with Austria.
