Liechtenstein is one of the richest countries in Europe, and thousands of expats dream of moving to it. However, it is quite difficult to do this, because the country has established quotas for issuing a residence permit. Find out what ways foreigners can move to Liechtenstein and how to get a residence permit in the country in 2024
The small state of Liechtenstein It is rightfully considered one of the richest in the world. The country has a developed banking system, a high level of economy and complete security. And although it is quite difficult for a foreigner to move here, it is quite possible.
We tell you aboutavailable ways to move to Liechtenstein, ways to obtain a residence permit and citizenship.
Why do foreigners move to Liechtenstein?
Liechtenstein is a fairly small country located in the very center of Europe, between Switzerland and Austria.
Foreigners are attracted to the state by the Alpine climate, fascinating landscapes, rich culture and low taxes. Despite the fact that the cost of living can truly be considered the highest in Europe, the wage level in Liechtenstein is also one of the best in the region.
Another advantage of Liechtenstein is its career prospects. The Kingdom’s economy is flourishing, the state is a leading financial center and one of the most innovative countries in the world.
How do I move to Liechtenstein?
Citizens of any country in the world have the right to move to Liechtenstein. To do this, you must apply for a long-term visa and a residence permit.
Liechtenstein offers two types of residence permits: a residence permit for the purpose of work and a residence permit without work. There are also clear quotas for the number of residence permits in the country:
– Citizens of the EEA are issued 72 permits per year. Half of the permits are chosen by lottery, the other half by the state, of which 56 are issued for employment, 16 for other migration purposes.
– Swiss citizens are issued 17 permits per year: 12 for employment and 5 for other purposes.
– Third-country nationals may be granted a residence permit under certain circumstances.
Moving to Liechtenstein for work
To move to Liechtenstein for employment, you must obtain a work visa and a residence permit for the purpose of work.
Usually, third-country nationals are granted such a permit only if you are a manager, specialist or qualified employee with completed training or long-term professional experience.
A residence permit will grant you a job in Liechtenstein for more than 12 months. Further, the document can be extended, provided that the grounds for work remain.
You can become a permanent resident after five consecutive years of residence in the country.
Cross-border workers
There is also a special category of workers in Liechtenstein – cross-border workers. This is a category of expats who work in Liechtenstein, but commute to work from abroad every day. However, for each separate category of cross-border workers, a separate document is required for employment:
– Swiss citizens – they do not need a work permit or registration with the police.
– EEC citizens working in Liechtenstein must register with the Migration and Passport Service within ten days after employment.
– Citizens of other countries – before working in Liechtenstein, citizens of other countries need a permit to travel across the border.
You will need health insurance to move, travel, or find employment in a new country safely. An extended policy can be issued on our website at the link.