Located between Switzerland and Austria, today's leading state is a small reality but, despite its small size, it could be really optimal to invest in the housing market and change life radically. We are talking about Liechtenstein, the Principality in the middle of Europe, without an outlet to the sea.
Often many of you wonder if the country in which they live is adherent to their needs. It happens in fact to want to escape from the usual daily routine, perhaps also for lack of stimuli and opportunities, or simply for the desire to make a change in their lives.
And here we come into play we Realigro! We thought that a mini guide on how to move and maybe buy a property in Liechtenstein may be the best solution to all your problems, generating a lasting investment in terms of value in the market. So, if you are ready to find out more, you just have to arm yourself with paper and pen, to write down all our tips.
Let's get started!
We start as always from the first step, the most important and undoubtedly the one that will allow you to get in direct contact with the reality in this country: the documents required to access Liechtenstein. It is mandatory to have identity documents that are valid (longer than the period of stay in the country). No visa is required.
After overcoming the first obstacle, you must circumvent the second one: the one relating to the language. In Liechtenstein the national language is German, but, as always, a good knowledge of English can help you to get around better in this country.
Element that often arouses curiosity and reflection in our readers, is given by the cost of living. How do you live and, above all, how much do you spend each month in Liechtenstein?
We start from the assumption that the personal income tax in this country is extremely low, such as to make this principality a real tax oasis. VAT is also minimal, ranging from a maximum of 8% for standard products to 2.5% for food and other basic necessities. Even the corporate income tax is very low, so as to lower the European average. We are talking about 12 %.
But to better understand how, in practice, the economy of this country is articulated, we have decided to include a small list with the typical products of the basket of goods, along with the standard monthly expenses that a citizen of Liechtenstein must bear.
Let us remember, however, that the currency in force is the Swiss Franc, which corresponds to 0.89 euros.
Meal, Cheap Restaurant 21,44 €
National beer (0,5L on tap) 5,36 €
Fresh white bread loaf (500g) 3,22 €
Local cheese (1kg) 13,40 €
One way ticket (local transport) 4,02 €
Basic (Electricity, Heating, Air conditioning, Water, Garbage) for an apartment of 85m2 107,18 €
Now let's come to the part that you've all been waiting for, the one relating to our sector: real estate!
When does it cost to rent or buy a property in Liechtenstein?
If we look at the capital, Vaduz, an average rent in the city center, starts from a minimum of 1,339.77 € per month, while as regards the signing of a contract of sale, we can say that the price range is very high, in line with the standard of living typical of a country extremely advanced, in fact there are opportunities for young entrepreneurs, both for fathers or pensioners.
Our mini guide ends here! All we can do is wish you a good trip!
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