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Living in Liechtenstein: Cost of Living, Healthcare and What to Know About Living in Liechtenstein | Expat Exchange
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Living in Liechtenstein

By Joshua Wood, LPC

Last updated on Jan 06, 2024

Summary: People describe life in Liechtenstein as peaceful, safe, and prosperous. Expats love the country's stunning natural beauty, its low crime rate, and its excellent infrastructure. The average cost of living for an expat is estimated to be around $3,000 to $4,000 per month. The population of Liechtenstein is estimated to be around 38,000 people. The largest cities in Liechtenstein are Vaduz, Schaan, Triesen, Balzers, and Eschen. The cons of living in Liechtenstein include the high cost of living, the small size of the country, and the limited job opportunities. Additionally, the country is not part of the European Union, so expats may have difficulty accessing certain services and benefits.

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What are the pros and cons of living in Liechtenstein?

Expats, digital nomads and retirees living in Liechtenstein responded:

"Expats and digital nomads living in Liechtenstein appreciate the country's small size and the fact that it is easy to get around. They also enjoy the stunning scenery, the low crime rate, and the high quality of life. Additionally, Liechtenstein is known for its excellent infrastructure, making it a great place to live and work. On the other hand, some expats and digital nomads may find the cost of living in Liechtenstein to be quite high, and the language barrier can be a challenge," said one expat in Liechtenstein.

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What type of social life can someone expect in Liechtenstein?

When we asked expats and global nomads about their social experiences in Liechtenstein, they replied:

"Expats, retirees and digital nomads living in Liechtenstein typically have an active social life. They often join local clubs and organizations, attend cultural events, and make friends with other expats, retirees and digital nomads. They also take advantage of the many outdoor activities available in the country, such as hiking, skiing, and cycling. Additionally, Liechtenstein's close proximity to other European countries makes it easy for expats, retirees and digital nomads to explore the region and meet new people," said one in Liechtenstein.

"Liechtenstein is a small country with a vibrant social scene. There are plenty of opportunities to meet people and make friends, whether it be through joining a club or attending a local event. The country is known for its friendly and welcoming atmosphere, and there are plenty of activities to enjoy with friends, such as hiking, skiing, and exploring the countryside. Liechtenstein also has a lively nightlife, with plenty of bars, clubs, and restaurants to choose from," said one expat in living in Liechtenstein.

What are medical services in Liechtenstein like?

When we asked expats and global nomads about the quality of medical care in Liechtenstein, they replied:

"Liechtenstein has a comprehensive healthcare system that provides high-quality medical services to its citizens. The country has a network of public and private hospitals, clinics, and medical centers that offer a wide range of medical services, including preventive care, diagnosis, treatment, and rehabilitation. The country also has a number of specialized medical centers that provide specialized care for specific conditions. In addition, Liechtenstein has a number of pharmacies and health stores that provide access to a wide range of medications and health products," explained one expat in Liechtenstein.

Are healthcare and health insurance expensive in Liechtenstein?

"Healthcare and health insurance in Liechtenstein are generally considered to be expensive. The cost of healthcare is high due to the country's small size and limited resources. Health insurance premiums are also high, as the country has a mandatory health insurance system that requires all residents to have health insurance coverage. Despite the high costs, Liechtenstein has a high quality of healthcare and a well-developed healthcare system," said one member in Liechtenstein.

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Is the cost of living in Liechtenstein high?

We asked people about the cost of living in Liechtenstein, they wrote:

"The cost of living in Liechtenstein is generally high, with prices for goods and services being higher than in many other countries. The capital city of Vaduz and the ski resort of Malbun tend to have the highest costs of living, with prices for goods and services being higher than in other parts of the country. The rental price for a nice 1 bedroom apartment in Liechtenstein is around $1,500 USD per month, while a nice 2 bedroom apartment is around $2,000 USD per month. Eating dinner at a moderately priced restaurant in Liechtenstein can cost around $30 USD per person," wrote one expat in Liechtenstein.

What are the visa & residency requirements in Liechtenstein?

"In order to visit Liechtenstein, citizens of the European Union, the European Economic Area, and Switzerland do not need a visa. Citizens of other countries may need to apply for a Schengen visa. The application process for a Schengen visa involves submitting an application form, a valid passport, two passport-sized photographs, proof of travel insurance, and proof of sufficient funds. In order to apply for residency in Liechtenstein, applicants must submit an application form, a valid passport, two passport-sized photographs, proof of financial means, and a criminal record check. Applicants must also provide proof of accommodation in Liechtenstein, such as a rental agreement or a purchase contract. Once the application is approved, the applicant will receive a residence permit," remarked one expat in Liechtenstein.

Why do people move to Liechtenstein?

When we asked people why foreigners move to Liechtenstein, they responded:

"Liechtenstein offers expats a high quality of life, with a low crime rate, excellent infrastructure, and a stable political and economic environment. The country is also known for its stunning natural beauty, with its picturesque mountains, valleys, and lakes. Additionally, Liechtenstein is a great place to live for those looking for a safe and secure place to raise a family, as it has a strong education system and a low cost of living. Finally, Liechtenstein is a great place to work, with a highly educated and skilled workforce, and a business-friendly environment," explained one expat in Liechtenstein.

What do I need to know about living in Liechtenstein?

When we asked people what advice they would give someone preparing to move to Liechtenstein, they said:

"Before retiring in Liechtenstein, expats should be aware that the cost of living is relatively high compared to other countries in Europe. Additionally, Liechtenstein is a small country with a population of only 38,000 people, so expats should be prepared to live in a close-knit community. Expats should also be aware that Liechtenstein is a German-speaking country, so it is important to have a basic understanding of the language. Furthermore, Liechtenstein has a strong economy and a low unemployment rate, so expats should be prepared to find a job if they wish to stay in the country. Finally, expats should be aware that Liechtenstein has a high standard of living, so they should be prepared to pay higher taxes than in other countries," said one expat in Liechtenstein.

What do I need to know before moving to Liechtenstein?

When we asked people what advice they would give someone preparing to move to Liechtenstein, they said:

"Liechtenstein is a small, landlocked country located between Switzerland and Austria. It is a prosperous and stable country with a high standard of living. Expats should be aware that Liechtenstein is a German-speaking country, so it is important to have a basic understanding of the language. Expats should also be aware that Liechtenstein is a very safe country, with low crime rates and a strong sense of community. Additionally, Liechtenstein has a high cost of living, so expats should be prepared to budget accordingly. Finally, expats should be aware that Liechtenstein is a very small country, so there are limited job opportunities and a limited range of activities," explained one expat.

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How do I find a place to live in Liechtenstein?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"The best way to find a place to live in Liechtenstein is to search online for rental listings. There are a variety of websites that offer listings for apartments, houses, and other types of rental properties in Liechtenstein. Additionally, you can contact local real estate agents who specialize in rental properties in the area. You can also look for rental listings in local newspapers and other publications. Finally, you can ask friends and family who live in Liechtenstein for recommendations," remarked one in Liechtenstein.

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What is a typical expat home or apartment like in Liechtenstein?

"Expat homes and apartments in Liechtenstein tend to be modern and comfortable, with plenty of amenities. Many expats choose to live in the capital city of Vaduz, which offers a variety of housing options, from traditional chalets to modern apartments. Expats can also find homes in the smaller towns and villages of the country, which offer a more rural lifestyle. Most expat homes and apartments come with modern appliances, such as washing machines and dishwashers, as well as internet access. Expats can also expect to find plenty of storage space, as well as balconies or terraces with stunning views of the surrounding mountains," remarked one expat in Liechtenstein.

What is the average cost of housing in Liechtenstein?

If you are thinking about moving to Liechtenstein, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Liechtenstein is generally quite high, with prices for apartments and houses ranging from moderate to expensive. Renting an apartment in Liechtenstein can cost anywhere from a few hundred to several thousand euros per month, depending on the size and location. Buying a house in Liechtenstein can be even more expensive, with prices ranging from a few hundred thousand euros to several million euros," remarked one in Liechtenstein.

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How do I meet people in Liechtenstein?

When we asked people living in Liechtenstein about club and activities where newcomers can meet others, they responded:

"Expats in Liechtenstein can join a variety of clubs and activities, such as sports clubs, language clubs, and cultural clubs. Expats can also join local meetup groups, which are a great way to meet people with similar interests. Additionally, expats can attend local events such as festivals, concerts, and art exhibitions. Finally, expats can also meet people by attending church services, volunteering, or joining a local gym," remarked one in Liechtenstein.

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What should I bring when moving to Liechtenstein?

People living in Liechtenstein were asked what three things they wish they had brought and three they wish they had left behind. They wrote:

"When moving to Liechtenstein, it is important to pack warm clothing, as the climate is cold and wet. It is also important to bring a good raincoat and umbrella, as the country experiences a lot of rain. Additionally, it is a good idea to bring comfortable walking shoes, as Liechtenstein is a small country and many places are best explored on foot. Finally, it is important to bring any necessary documents, such as a passport, visa, and any other paperwork required for the move," said one person in Liechtenstein.

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Where should I setup a bank account in Liechtenstein?

We asked expats in Liechtenstein what banks they use and there advice about banking. They advised:

"Before retiring in Liechtenstein, expats should be aware that the country is a small, landlocked nation located between Switzerland and Austria. Expats should also be aware that Liechtenstein is a wealthy country with a high standard of living, and that the cost of living is relatively high. Expats should also be aware that Liechtenstein is a German-speaking country, and that knowledge of the language is essential for navigating daily life. Additionally, expats should be aware that Liechtenstein has a generous social security system, and that healthcare is provided by the government. Finally, expats should be aware that Liechtenstein is a safe and peaceful country, and that crime rates are low," replied an expat in Liechtenstein.

Will I be able to find a job in Liechtenstein?

When we asked people about industries and career opportunities in Liechtenstein, they reponded:

"Foreigners in Liechtenstein often work in a variety of industries, including hospitality, finance, engineering, and IT. They may also find employment in retail, construction, and manufacturing. Additionally, many foreigners work as language teachers, providing instruction in English, German, and other languages," replied an expat in Liechtenstein.

What is life like in Liechtenstein?

When we asked people living in Liechtenstein what life is like and how people spend their time, they said:

"Liechtenstein is a small, landlocked country located between Switzerland and Austria, and is a great destination for expats and digital nomads. The country is known for its stunning alpine scenery, low taxes, and high quality of life. Expats and digital nomads in Liechtenstein can enjoy a safe and secure environment, with excellent infrastructure and a high standard of living. The country is also home to a vibrant cultural scene, with plenty of opportunities to explore the local culture and cuisine. Liechtenstein is a great place to live and work, with plenty of opportunities for networking and collaboration. The country is also well-connected to the rest of Europe, making it easy to travel and explore the region," said a person living in Liechtenstein.

What do expats in Liechtenstein appreciate most about the local culture?

"Expats in Liechtenstein appreciate the country's strong sense of community and the welcoming attitude of the locals. They also enjoy the stunning natural beauty of the country, with its lush green valleys and majestic mountains. Additionally, expats appreciate the country's low crime rate and the fact that it is a safe place to live and raise a family. Furthermore, Liechtenstein's excellent infrastructure and efficient public transportation system make it easy to get around. Finally, expats enjoy the country's rich cultural heritage, with its many festivals, museums, and galleries," said one person in Liechtenstein.

What do expats find most challenging?

"Expats in Liechtenstein often find the local culture to be quite different from what they are used to. The small size of the country and its close-knit communities can make it difficult for expats to integrate and make friends. Additionally, the language barrier can be a challenge, as German is the official language and many locals do not speak English. Furthermore, Liechtenstein has a strong sense of tradition and customs, which can be difficult for expats to understand and adjust to," remarked one in Liechtenstein.

Is there a lot of crime in Liechtenstein?

We asked people if there is a lot of crime. They answered:

"Liechtenstein is generally considered to be a very safe country with low levels of crime. The country has a very low rate of violent crime and property crime is also relatively rare. The government of Liechtenstein has taken steps to ensure that the country remains safe, including increasing police presence and introducing new laws to combat organized crime," said one expat in Liechtenstein.

Is there a lot of diversity? Are people in Liechtenstein accepting of differences?

"Liechtenstein is a small, landlocked country in the heart of Europe, and its population is relatively homogenous. However, there is a small but growing diversity in the country, with a small number of immigrants from other European countries, as well as a small number of refugees. People in Liechtenstein are generally accepting of differences, and the country has a strong commitment to human rights and equality," explained one expat.

What are the schools in Liechtenstein like?

"The International School Liechtenstein (ISL) is one of the best international schools in Liechtenstein. It is a private, non-profit, co-educational day school offering an international curriculum for students from pre-kindergarten to grade 12. The school is accredited by the Council of International Schools and the New England Association of Schools and Colleges. ISL offers a rigorous academic program with a strong emphasis on the development of critical thinking skills, creativity, and global citizenship. The Liechtenstein International Bilingual School (LIBS) is another excellent school in Liechtenstein. It is a private, non-profit, co-educational day school offering a bilingual curriculum in German and English for students from pre-kindergarten to grade 12. LIBS is accredited by the Council of International Schools and the New England Association of Schools and Colleges. The school offers a comprehensive academic program with a strong emphasis on the development of language skills, cultural understanding, and global citizenship. The Liechtenstein International School of Business (LISB) is a private, non-profit, co-educational day school offering a business-focused curriculum for students from pre-kindergarten to grade 12. The school is accredited by the Council of International Schools and the New England Association of Schools and Colleges. LISB offers a rigorous academic program with a strong emphasis on the development of business and financial skills, entrepreneurship, and global citizenship," commented one expat when asked about in Liechtenstein.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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