Work and employment in Liechtenstein: job prospects and requirements for job seekers
Liechtenstein is a small country in the center of Europe. It is not particularly famous for anything. But the standard of living, salaries, and established economic ties are very high. The Principality is one of the most industrialized nations in the world, a strong financial center, and an innovative high-tech country. Liechtenstein is closely linked to the Swiss economy. The Swiss currency is used here, and there is a customs agreement between the two countries, as well as access to the labor market for citizens.
Liechtenstein has a very liberal tax policy and the financial sector is one of the best jobs in Europe. The official language is German. The population is 37,000 people. That's quite a lot for such a small country. The locals do not like immigrants very much, so it is difficult to find a job here, but realistic.
Features and conditions of employment
Liechtenstein is a highly industrialized country. Approximately 40% of the workforce is employed in the industrial sector. Although there are several large industrial companies in the Principality, it is many small and medium-sized enterprises that form the basis of the economy of Liechtenstein.
No less important economic factor is the position of the country as a professional, stable and innovative financial center. The financial services sector is second only to the industrial sector. Previously, the agricultural sector occupied a major part of the economic forces of the state but is still an important component of the economic situation.
Unemployment is very low in the Principality, so there is a lot of competition. It is especially difficult for migrants. A big plus for getting a job in Liechtenstein will be graduation from a higher educational institution in this country. This increases the chances of getting a job with a little advantage and a sense of loyalty.
People come to Liechtenstein looking for a high salary and a decent standard of living. When planning to work abroad, it's worth sorting out the options for finding and getting a job. There are several sites with constantly updated jobs in Liechtenstein. Working from home is also possible. The idea is to find a company that will hire you and signs a work contract. Because the work visa is a permit to stay in the country during the contract period. Citizens have relatively easier access to the labor market in Liechtenstein than citizens of third-world countries.
Once you find a job, you have two options: live in Liechtenstein or live and work from abroad. If you live in Liechtenstein, you will need to apply for a residence permit. It is not very legal to get a job on a tourist or student visa. Although students can work a certain number of hours in their field of study. To apply for a work visa, you need to contact the Swiss embassy, because Liechtenstein has offices only in the Vatican and Switzerland.
To obtain a work visa, the following documents are required
• foreign passport and its previous copy;
• special application form (already filled out);
• 4 photos;
• copy and the original of the documents for the intended work permit;
• Official letter from the employer about the job;
• information about the position, earnings, and savings of the applicant;
Job prospects and requirements for applicants
The state's economy is based primarily on industry, technology manufacturing, and financial services.
In-demand occupations in Liechtenstein are:
• engineers,
• metallurgists and machine tool builders;
• IT-specialists;
• marketing specialists;
• interpreters;
• teachers at institutions of higher education;
German and English are required for a successful job search result. Have two confirmed higher education degrees, related and specialized. Certainly, qualification and work experience is important for the potential conclusion of a work contract with a company. Also, an important point is to have a financial "safety cushion" for the first time of residence after migration. In terms of taxes, Liechtenstein has moderate corporate taxation, and a simple tax system (flat tax).
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