Background: The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. Shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Liechtenstein has, however, implemented new anti-money-laundering legislation and recently concluded a Mutual Legal Assistance Treaty with the US.
March 22nd 2008Europe » Liechtenstein » Schaan March 19-21st
Well the next part of our adventure brought me to Liechtenstein. No not many people know where that is let alone visit there but I actually chose this part of the trip, though I ha ... [full story]
Map of Liechtenstein
Liechtenstein's Flag