quality:corruption, structural:scholar_edition, structural:expansion, quality:correction, linguistic:translation
Financial centre

Liechtenstein was in dire financial straits following the end of World War II. The Liechtenstein dynasty often resorted to selling family artistic treasures, including the portrait Ginevra de' Benci by Leonardo da Vinci, which was purchased by the National Gallery of Art of the United States in 1967 for US$ 5 million ($ 46 million in 2023 dollars), then a record price for a painting.

By the late 1970s, Liechtenstein used its low corporate tax rates to draw many companies and became one of the wealthiest countries in the world.

Liechtenstein is one of the few countries in Europe (along with Monaco and San Marino) not to have a tax treaty with the United States, and efforts towards one seem to have stalled.

As of September 2019 the Prince of Liechtenstein is the world's sixth wealthiest monarch, with an estimated wealth of US$ 3.5 billion. The country's population enjoys one of the world's highest standards of living.