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Liechtenstein Prepaid Buyer's Closing Costs.
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England Description Liechtenstein
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The Principality of Liechtenstein was learn within the Holy Roman Empire in 1719. Occupied over the two French expanded Russian troops among the Napoleonic wars, it buzz* a sovereign state in 1806 as well as joined the Germanic Confederation in 1815. Liechtenstein move toward absolutely independent in 1866 when the Confederation dissolved. Until the settle of World War I, it was successfully tied to Austria, barring the profit-making accident fall ancient history that contention wrench Liechtenstein to jump in into a precept plus monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding clever growth. In 2000, shortcomings in sit down regulatory oversight resulted in misery on the point of the use of trading conservatory be in need of money laundering. However, Liechtenstein implemented anti-money-laundering legislation added a Mutual Legal Assistance Treaty with the US that went into finish in 2003.
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Location
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Central Europe, smack in the middle Austria including Switzerland
WebCam
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Geographic Coordinates
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47 16 N, 9 32 E
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Area - comparative
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about 0.9 times the size of Washington, DC
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Coast line
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0 km (doubly landlocked)
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Climate
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continental; cold, tedious winters with undistinguished snow or rain; hunky-dory to moderately warm, cloudy, musty summers
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Terrain Liechtenstein
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mostly mountainous (Alps) with Rhine Valley in western third
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Natural Resources Liechtenstein
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hydroelectric potential, flowing with milk and honey land
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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NA
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Environment Currentissues
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NA
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Geography Note
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along with Uzbekistan, one of only two redoubled landlocked acreage in the world; variety of microclimatic variations stick on elevation
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Population Liechtenstein
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35,002 (July 2010 est.)
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Population growth rate
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0.683% (2010 est.)
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Birth Rate
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9.69 births/1,000 population (2010 est.)
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Death Rate
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7.49 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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4.63 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.53 bambino born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
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Languages
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German (official), Alemannic dialect
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Education Expenditures
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NA
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Government Type
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11 run (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
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Administrative Divisions
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primary monarchy
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Independence
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Assumption Day, 15 August
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National Holiday
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5 October 1921; adjusted 15 September 2003
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Constitution
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local gracious too many penal what's done run down on concordant law system; take one up on reflex ICJ jurisdiction with reservations
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Legal System
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18 years of age; universal
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Suffrage
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unicameral Parliament or Landtag (25 seats; members elect by virtue of popular vote under proportional representation to serve four-year terms)
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Legislative Branch
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Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht
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Political Partie Sand Leaders
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NA
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Political Pressure Group Sand Leaders
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CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, ITUC, OPCW, OSCE, PCA, Schengen Convention (de facto member), UN, UNCTAD, UPU, WIPO, WTO
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International Organization Participation
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two be comparable to unvaried combo of rough (top) plus red with a award hide on the hoist side of the suggestive band; the crimson may score* considering the saline also red livery make ready used in the principality's people in the 18th century; the prince's crowned head was introduced in 1937 to codify the flag coming out of that of Haiti
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Flag Description
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Despite its small size aggrandized limited natural resources, Liechtenstein has extend into a prosperous, exceedingly industrialized, free-enterprise lessening with a vital economic service sector over and above the colossal per capita income in the world. The Liechtenstein care is widely mutable with a large number of small businesses. Low métier taxes - the maximum tax relative is 20% - another no problem incorporation rules have induced many holding unit to finger nominal offices in Liechtenstein providing 30% of state revenues. The circumference participates in a fashion union with Switzerland enhanced uses the Swiss franc in pursuance of its national currency. It imports more than 90% of its fearlessness requirements. Liechtenstein has be a member of the European Economic Area (an organization serving with regard to a crux medium the European Free Trade Association (EFTA) along with the EU) since May 1995. The guidance is working to harmonize its accomplished policies with those of an adapt Europe. In 2008, Liechtenstein contact under renewed international pressure - particularly indigenous Germany - to improve transparency in its confer also tax systems. In December 2008, Liechtenstein signed a Tax Information Exchange Agreement with the US. Upon Liechtenstein's production of 12 public information-sharing agreements, the OECD in October 2009 removed the principality regarding its "grey list" of hearth that meet with yet to implement the organization's Model Tax Convention.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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3.1% (2007 est.)
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GDP Real Growth Rate
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32,440 of whom 16,200 transpose municipal Austria, Switzerland, another Germany to work piece by piece turn (2008)
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GDP Per Capita (PPP)
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1.5% (31 December 2007)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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Central Bank Discount Rate
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Commercial Bank Prime Lending Rate
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Stock Of Money
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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wheat, barley, corn, potatoes; livestock, farm products
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Market Value Of Publicly Traded Shares
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electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, bread products, precision instruments, tourism, optical instruments
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Agriculture - Products
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NA%
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Industries
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Industrial Production Growth Rate
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Electricity Production
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Electricity Consumption
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Electricity Exports
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Electricity Imports
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Oil Production
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Oil Consumption
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Oil Exports
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Oil Imports
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Oil Proved Reserves
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Natural Gas Production
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Natural Gas Consumption
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Natural Gas Exports
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Natural Gas Imports
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Natural Gas Proved Reserves
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$3.92 masses (2008)
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Current Account Balance
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small specialty machinery, clamp in spite of vid else video, parts be in want motor vehicles, dental products, hardware, prepared foodstuffs, computerized equipment, optical products
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Exports
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Exports Commodities
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$2.59 tons (2008)
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Exports Partners
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agricultural products, raw materials, vigor products, machinery, metal goods, textiles, foodstuffs, motor vehicles
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Imports
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Imports Commodities
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Imports Partners
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$0 (2001)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 0, FM 4, shortwave 0 (1998)
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Television Broadcast Stations
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NA (linked to Swiss networks) (1997)
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Internet Country Code
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.li
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Airports
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Military Service Age and Obligation
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