Dxpat.com

Housing website for Liechtenstein

www.globalpropertyguide.com/Europe/Liechtenstein

A look at real estate investment in Liechtenstein from the perspective of property income, taxes and Liechtensteiner investment prospects.

www.supra.net/

Internet Provider in Liechtenstein – Angebote für Privat- und Geschäftskunden – xDSL, ADSL, DSL – mit und ohne Festnetzabo!

www.everyculture.com › Countries and Their Cultures › Japan to Mali

There is sufficient housing for all of Liechtenstein’s inhabitants, and dwellings range from wooden houses scattered across picturesque mountain villages to …

www.thebubblebubble.com/liechtenstein-housing-bubble/

Learn about Liechtenstein’s housing bubble and why it will pop.

www.nationsencyclopedia.com › Europe

Houses in the countryside are similar to those found in the mountainous areas of Austria and Switzerland. Liechtenstein does not have a significant housing …

Property in the Principality of Liechtenstein, a tiny landlocked country sandwiched between Switzerland and Austria, is expensive. Rents are high. Yields are not good.

Property in Liechtenstein can cost around €300,000 for a 50 sq. m. apartment, or €1.5 million for a 300 sq. m. apartment or house, depending on the size of the property.

The purchase of real estate by foreigners is very restricted. Property can only be bought after three years residency. The EU allows Liechtenstein these restrictions due to its small size.

Currently Liechtenstein allows in 28 EU nationals every year without working permits, excluding multinational employees who can take up residence as long as they have a work permit.

Die weitere Entwicklung bei der Übertragung von Daten ist absehbar: „Immer schneller, immer mehr!“ Als unabhängiger Liechtensteiner Internet-Provider, bietet Supranet auch für die Zukunft das schnellere Internet zu günstigeren Preisen für Privat- und Businessanwender. Höchste Datensicherheit und Servicequalität garantieren wir für Hosting, Housing und Arbeitsplatzvernetzungen im Geschäftsbereich.

General

Houses in the countryside are similar to those found in the mountainous areas of Austria and Switzerland. Liechtenstein does not have a significant housing problem. About 82% of all dwellings have central heating, 89% have a kitchen, 91% have a private bath, 95% have hot water, and 88% have a common sewage system.

Renting a Property

Rents can be freely negotiated between landlord and tenant, as can many other points appearing in a rental contract. There are rental indices, but these constitute more an orientation than an obligatory numerical value.

The civil code has provisions disallowing disproportionate increases in rental prices. A basic rule is that the rent can only be raised where the contract is for more than 2 years’ duration, and only proportionally to the real inflation rate.

A maximum of three months’ rent can be taken on deposit. When this deposit is held by the landlord for more than a year, he/she must pay the standard interest rate on those funds.

Landlord and Tenant Laws are enforced through local courts in Liechtenstein, whose procedure follows the Court Rules for Tenancy issues. The law’s tendency to favour the landlord is noticeable, because hardly any legal dispute go beyond the court of first instance.

Buying a Property

There are some controls on the purchase of real estate by foreigners. Buying property requires 3 years residency first. Since joining the European Economic Area, (an organization serving as a bridge between the European Free Trade Association (EFTA) and the European Union) in May 1995, Liechtenstein has also imposed stringent rules on residency permits from people from the EU.

The EU has given Liechtenstein the freedom to restrict entrance due to its small size. Currently it allows 28 EU nationals every year without working permits, excluding multi national employees who can take up residence as long as they have a work permit.

Once the buyer decides on a property, the agent, through a lawyer, conducts the search and hands in details of the buyers to the concerning government agency (Grundbuchregistrar). Once the search has been completed and there was no formal objection to the buyer acquiring the property, the money is then transferred to a private account at a lawyer’s. The money is only transferred to the seller’s account when all bureaucratic steps have been completed, registration of the property and checking that it is clear of debts and taxes.

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