Buying Gold and Silver in Liechtenstein
A landlocked microstate in the Central Europe having Austria on one side and Switzerland on the other, the Principality of Liechtenstein has been a member of the European Union (EU) since 1995. It is a hereditary constitutional monarchy headed by the Prince of Liechtenstein. Covering only 161 square kilometers, Liechtenstein is the only absolute monarchy in Europe. It uses the Swiss franc as its official currency and also shares a customs union with Switzerland. Only a limited number of precious metal dealers are present in Liechtenstein but they are very popular and well-known for their exceptional services and wide bullion selections.
Government and Private Mints in Liechtenstein:Coin Invest Trust reg. Rietstrasse 7, 9496 Balzers, Liechtenstein Phone: +423 388 16 88
This private company was founded in 1970 and since then, it has built up a remarkable reputation as a trusted enterprise in the global coin market. Today, its services have expanded to customized project management for production of legal tender coins and medals. Some of their popular products are the Liberty bar collection, golden eggs, shades of nature, evolution, the 7 summits, exotic butterflies, wildlife production, and many more. Each of their products boasts of superior quality and intricate craftsmanship.
International Bullion Depositories in Liechtenstein:GWS AURUM Est. Alte Churerstrasse 45, 9496 Balzers, Liechtenstein +423 384 50 80
GWS AURUM offers offshore gold depositories in Liechtenstein and other European countries. The company maintains complete anonymity and provides 100% storage in precious metals (bullion and 1 kg bars). Excellent buying and selling rates in Swiss Francs. The vaults have high-security standards and are completely safe to store together commodities belonging to generations. Storing in Liechtenstein offers complete insurance against any possible confiscation by the government. The storing is tax and VAT free. The minimum criteria to quality for storage is 25,000 Swiss Francs. The company also offers physical delivery and pickup options. The storage and delivery costs are highly reasonable.Swiss Gold Safe (Liechtenstein) AG Landstrasse 340, 9495 Triesen, Liechtenstein +423 390 08 85
This is a private Swiss company that offers secure precious metal storage in Switzerland as well as Liechtenstein. It provides completely secure vaults with safe deposit boxes which are privately owned and totally independent from the banking system. Therefore, its clients are protected against the risk of any confiscation or seizure by the government. Customers don't need to provide any type of declarations on their stored content.
Vaults and Bullion Depositories in Liechtenstein:Rheingold Precious Metals AG Schliessa 16, 9495 Triesen, Liechtenstein +423 392 35 15
This is the largest precious metals trading house in the Principality of Liechtenstein. It also offers secure storage, having a vast assortment of facilities ranging from safety deposit boxes to individual vaults. The customers can store their valuables out of the banking system with full anonymity. A hi-tech security system developed by Switzerland experts protects this vault. The safety deposit boxes are available from CHF 350 and vaults from CHF 1’650. All the valuables stored in this vault are fully insured against any robbery, break-ins, fire, or other natural hazards.
Tax on Precious Metals in Liechtenstein:
Although Liechtenstein has its own VAT administration, it has adopted the VAT law of Switzerland. The bullion tax on precious metals in Liechtenstein is 8% (the VAT in Liechtenstein and Switzerland), except for the acquisition or import of specific gold bullion items, which are tax-free across the entire European Union. According to the EU law, “investment gold” is exempted from the existing bullion tax, and it refers to a) gold bars or wafers (with weights accepted by the bullion market) of a purity greater than .995 and b) gold coins which are at least .900 pure, are minted after 1800, have been or are legal tender in their country of origin, and are sold at a price which doesn’t exceed by more than 80% the open market value of their gold content. However, silver, platinum, and palladium bullion items are still subject to VAT, so you should keep in this mind when investing in precious metals in Liechtenstein.
Since we are not tax experts, Bullion Exchanges strongly advises you to cross check with a tax professional before making any precious metals investments in Liechtenstein.