The Principality of Liechtenstein is an excellent choice among European domiciles for investment funds. Liechtenstein is conveniently located in the heart of Europe, in the beautiful alpine landscape of the Rhine Valley. It is adjacent to major markets such as Austria, Switzerland, Germany, France, and Italy. In contrast to many offshore jurisdictions, Liechtenstein is a politically and economically stable state.
The fund (legally referred to as an ‘Investment Undertaking’), is usually structured as a unit trust. The administrator acts as ‘trustee’ and carries the direct responsibility for the management of the fund.
Liechtenstein EEA membership provides certain funds an ‘EU Passport’. This permits these funds to be freely marketed and sold throughout the EU and EEA.
The custodian bank and fund administrator are directly involved in defining asset classes and fund objectives as well as in the valuation of the fund, thereby giving a high level of confidence to the investor.
Funds are required to have a Liechtenstein custodian bank. Liechtenstein has excellent financial infrastructure and banking facilities.
Through Liechtenstein’s highly efficient financial authorities, a fund can be authorised within a two month period. The excellent financial infrastructure and modern banking facilities serve to provide a high standard of investor protection.
Liechtenstein’s legal system is based on civil law.
The Financial Market Authority (Finanzmarktaufsicht) is the country's banking and finance authority and oversees all aspects of finance related business. More information can be obtained at the
FMA's website.