Originally published on 24 July 1999
On the first of May 1995 the Principality of Liechtenstein joined the European Economic Area (EEA) as the last of the 18 states to join the economic union which ties the EFTA states into the unified market of the European Union. At the same time however Liechtenstein is retaining its close relations to the non-EU-Country, Switzerland which is based upon a Customs Union, a Monetary Union as well as an agreement concerning post and telecommunications. This new direction in Liechtenstein's foreign politics has no effect upon the financial services sector because the important conditions for this sector are retained. Liechtenstein therefore continues to offer investors interesting investment possibilities.