Liechtenstein eventually gained independence through the savvy political moves of
the Liechtenstein family. However, to maintain power, the country forged close relations
with Austria and later with Switzerland. Even today these relationships are vital
to independence and Liechtenstein shares a currency with Switzerland.
In more recent times, the country has encouraged immigration through favorable tax
laws, which has encouraged the growth of business as well as wealthy individuals
and families, again particularly from neighboring Germanic countries.
Today, the culture of Liechtenstein remains similar to what it has been in the past
as it is tied to Austria, Switzerland, and Germany. However, the lifestyle is ever-changing,
particularly given the fact that it is becoming a destination for people as the
focus shifts to economics and business development. The country's identity remains
steadfast in its attachment to being "Liechtensteiners," which is an identity
heavily based on being born and raised in Liechtenstein and is among the greatest
differences between the locals and foreigners.