Liechtenstein is a country situated in the centre of Europe between Austria and Switzerland. It is one of the smallest countries in the World measuring approximately 16 miles long and 4 miles wide.
To the West the country is separated from Switzerland by the Rhine and to the East it is separated from Austria by the mountains.The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to conclude a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral) the country\'s low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Despite being allowed to issue their own currency, the Swiss Franc has been used in the Principality for over 70 years.Liechtenstein has one of the lowest tax rates in the world.The country only has 30,000 residents but the Prince is one of the richest men in the World. The residents speak a Swiss-German dialect which varies across the country.
 
About 30,000 people live in the country with around 5,000 on the capital Vaduz. They enjoy one of the highest standards of living in the world and unemployment is very rare.