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Retiring in Liechtenstein | Digital Nomad Exchange
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Retire in Liechtenstein

By Joshua Wood, LPC

Last updated on Jan 06, 2024

Summary: Retirees are attracted to Liechtenstein for its peaceful atmosphere, stunning mountain views, and low taxes. Liechtenstein is also known for its excellent healthcare system and high quality of life. The weather in Liechtenstein is generally mild, with temperatures ranging from an average low of 28°F in January to an average high of 73°F in July.

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What is it like to retire in Liechtenstein?

"Liechtenstein and its surroundings offer a variety of activities for retirees. There is an active expat community in the area, with many retirees from other countries living in the area. There are plenty of cultural attractions to explore, such as the Liechtenstein National Museum, the Liechtenstein Art Museum, and the Liechtenstein National Library. There are also plenty of recreational activities to enjoy, such as hiking, skiing, and golfing. For those looking for nightlife, there are plenty of bars, restaurants, and clubs to explore," said one retiree in living in Liechtenstein.

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What are the most challenging aspects of retiring in Liechtenstein?

"One of the most challenging aspects of retiring in Liechtenstein is the cost of living, which is significantly higher than in many other countries. Additionally, the country is quite small and has limited resources, so it may be difficult to find the services and amenities that one is used to in a larger country. Furthermore, Liechtenstein is a German-speaking country, so those who do not speak the language may find it difficult to communicate with locals. Finally, Liechtenstein is not a member of the European Union, so there may be restrictions on the ability to travel freely within the EU," said one retiree in living in Liechtenstein.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What are the most rewarding aspects of retiring in Liechtenstein?

"Retiring in Liechtenstein offers a number of rewarding aspects. One of the most attractive benefits is the country's low tax rates, which can help retirees keep more of their hard-earned money. Liechtenstein also offers a high quality of life, with its stunning natural beauty, excellent infrastructure, and safe and secure environment. Additionally, retirees can take advantage of the country's excellent healthcare system and enjoy a wide range of cultural activities. Finally, Liechtenstein is a great place to stay connected with the rest of the world, as it is well-connected to the rest of Europe and beyond," explained a retiree in Liechtenstein.

What are healthcare services like in Liechtenstein?

We asked retirees if they have access to good medical care in Liechtenstein. They wrote:

"Liechtenstein has a comprehensive healthcare system that provides high-quality medical services to its citizens. The country has a universal health insurance system that covers all residents, and the government subsidizes the cost of medical care. Liechtenstein also has a number of private health insurance companies that offer additional coverage. The country has a wide range of medical facilities, including hospitals, clinics, and pharmacies. Liechtenstein also has a number of specialized medical centers, such as a cancer center and a center for mental health. The country also has a number of health promotion initiatives, such as health education programs and campaigns to promote healthy lifestyles," said one retiree in living in Liechtenstein.

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," said one retiree 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 retiree who moved to Liechtenstein.

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What do I need to know before retiring 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," explained one retiree living in Liechtenstein.

What type of recreational activities are there in Liechtenstein?

"Liechtenstein offers a variety of recreational facilities for its residents to enjoy. Outdoor activities such as hiking, mountain biking, and skiing are popular in the country's mountainous terrain. There are also several lakes and rivers for swimming, fishing, and boating. For those looking for a more relaxed experience, Liechtenstein has several parks and gardens, as well as a number of museums and galleries. Additionally, Liechtenstein has a vibrant nightlife, with a variety of bars, clubs, and restaurants," explained one retiree living in Liechtenstein.

Where will I buy groceries and do other shopping in Liechtenstein?

"People living in Liechtenstein typically buy groceries and do other shopping at supermarkets, convenience stores, and specialty stores. There are also a variety of markets and shops in the country's towns and villages, offering a wide range of products. Additionally, online shopping is becoming increasingly popular in Liechtenstein, with many stores offering delivery services," explained one retiree living in Liechtenstein.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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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