The Principality of Liechtenstein is known for its political continuity, its stable legal and social order and its liberal economic system. Among other factors the low level of state intervention, the solid financial policy of the public budget, the constricted tax legislation and the low interest rate make the country very interesting for the financial services sector. This is why the Principality of Liechtenstein is one of the worldwide leading financial centres that attract international enterprises from the financial services sector.

Confidentiality
The Principality of Liechtenstein stands for confidentiality. Due to insurance and banking secrecy the privacy of policyholders is completely protected. This discretion is associated with very strict safety instructions and numerous legal regulations to combat financial crime. The Due Diligence Act and the Due Diligence Ordinance play a decisive role therein. The Principality of Liechtenstein is continuously adjusting and strengthening its laws to ensure that they are modern and always up to date.

Security
Life insurance falls under the provisions for protection against creditors in Liechtenstein’s Insurance Law. In the event of bankruptcy, your designated beneficiaries are protected from the claims of creditors if the nomination of the beneficiaries is irrevocable (in the case of the spouse, life partner or descendants being nominated a revocable beneficiary nomination is sufficient).

Tax efficient environment
According to Liechtenstein’s law all insurance contract benefits that are paid out to policyholders or beneficiaries are tax free. However, it is possible that taxes are imposed in their home country. The policyholders and the beneficiaries themselves are responsible for all necessary declarations in connection with these taxes.