Immigrate to Liechtenstein from US
Immigrate to Liechtenstein from USUpdated on Wednesday 07th October 2020
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Citizens from US who want to immigrate to Liechtenstein are invited to talk to our team of specialists and ask for legal advice. There are specific immigration rules that should be respected at the time the relocation from US to Liechtenstein starts. All your inquiries can be entirely explained by one of our lawyers in Liechtenstein.
Do I need a visa for Liechtenstein if I’m from the US?
No, there is no need for a visa for Liechtenstein if you want to travel from USA. The business and economic relations between the USA and Liechtenstein are established for many years, so the obligation of obtaining a visa to enter Liechtenstein is not imposed. However, the relocation in Liechtenstein, plus the conditions for obtaining a residence permit should be analyzed by US citizens. They can also ask for the legal advice and assistance of our Liechtenstein lawyers.
The residence permit for Liechtenstein
A residence permit for US citizens in Liechtenstein guarantees the right to stay in this country. This kind of document has a validity of 5 years. This is normally considered a temporary residence permit for Liechtenstein, but US citizens have the possibility of applying for the permanent residence permit. Liechtenstein applies special conditions for those interested in gaining the residence permit. For instance, citizens from EEA countries must live for at least 10 years in Liechtenstein and also work, in order to apply for a permanent residence permit. Plus, the authorities provide only a limited number of residence permits for foreigners in Liechtenstein. If you would like to know more about immigration to Liechtenstein from US, please feel free to address your inquiries to our team of specialists.
Can I relocate my company to Liechtenstein?
Yes, the company relocation is possible in Liechtenstein, as long as the Company Act provisions are respected. More than that, it is required to solicit the support of professionals for company deregistration in the country of origin, and for moving the assets of the business in Liechtenstein. Here is what you need to know:
- First of all, it is required to solicit permission from the authorities in Liechtenstein for company relocation. This requires a few important documents, among which, the decision of company relocation, signed by the shareholders.
- Company relocation specialists can handle the entire process, so feel free to talk to our lawyers in Liechtenstein for professional and legal advice.
- The relocation of the movable assets must be established in the first place before the company relocation takes place. One of our specialists can help.
The relations between Liechtenstein and US
Liechtenstein and US have a very special business and economic relationship since 1997 when the diplomatic relations were established. Both countries signed a mutual legal assistance agreement under which they promised they will fight against illegal banking activities, money laundering, fiscal evasion and many more. Besides that, USA and Liechtenstein signed the Foreign Account Tax Compliance Act, a tax information exchange treaty. In terms of business relationships, both Liechtenstein and Switzerland are part of the EFTA or the European Free Trade Association, representing a powerful market for USA.
The Foreigners Act in Liechtenstein
The Foreigners Act is based on the Swiss model and provides a series of rules and regulations that must be respected by overseas citizens. Because the country is small, the authorities had to implement an integration agreement and supervise the citizens who want to enter Liechtenstein, excluding the EEA and Swiss citizens. This is among the reasons why the number of residence permits and visas issued by the country is already established, on a yearly basis. We have gathered some interesting facts and figures about the business and economy direction of Liechtenstein:
- There are more than 4,000 companies registered in Liechtenstein.
- Liechtenstein has one of the lowest VAT rates in Europe, set at a 7.7% rate.
- There is no withholding tax imposed in Liechtenstein.
- There are around 39, 000 employees in Liechtenstein.
- More than 40 greenfield investments in Liechtenstein came from US in 2017, 2018, and 2019.
US citizens who want to immigrate to Liechtenstein are recommended to ask for legal advice and representation from our specialized team of lawyers in Liechtenstein. The immigration rules might seem complex, so it is best to have a dedicated team by your side from the start. Please feel free to contact us for assistance.