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Real estate investment in Liechtenstein

The sale of real estate to foreigners is restricted in Liechtenstein: to purchase, you need to obtain a residence permit, live in the country for at least three years, and get permission from the government.

The cost of real estate depends on the area, the year of construction, the view from the window, and the presence of a terrace and underground parking.

€4,175 Average price per 1 m²
of housing in Liechtenstein

Cost of a 3-bedroom apartment in Liechtenstein

€1.5 million

Penthouse with a terrace in Mauren. Underground parking and a storage room are in the basement of the house

€1 million

Apartment in Eschen at the foot of the mountains. There is underground parking


Apartment in Vaduz

Liechtenstein residence permit or citizenship by real estate investment

Obtaining a Liechtenstein residence permit or citizenship is not connected with purchasing real estate.

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Taxes and associated costs


Property buyers pay for notarial and legal support of the transaction. There is also an agency fee, which is a realtor’s commission.

The associated costs amount to approximately 3.9% of the purchase agreement value. When buying a new apartment worth €500,000, the investor will spend €519,500, including additional costs.

3.9% Of the contract value are related costs for the purchase of housing in Liechtenstein
Purchase expenses
Notarial and legal support of the transaction

Of the transaction amount

Agency fee

Realtor’s commission



Liechtenstein doesn’t have an annual property tax.

Rental income is included in the income tax base. The tax rate is progressive and ranges between 3.24% and 17%.

€2,028 Approximate annual costs for
maintenance of an apartment

Communal payments

Electricity, gas, water, heating, and garbage collection

per month

Internet, TV and telephone

per month

Sellers of real estate in Liechtenstein pay an income tax of 2.1% on the difference between the sale and purchase prices.

2.1% Income tax on the sale
of real estate in Liechtenstein
Expenses on the sale
Income tax

Paid on the difference between the sale and purchase prices

Igor Buglo
Prepared a guide on investing in real estate in Liechtenstein