Liechtenstein
AP

Liechtenstein

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LIECHTENSTEIN FUERST GESCHAEFTUEBERGABE

Liechtenstein's Prince Hans-Adam II. left, Princess Marie and their son Prince Alois,background right, wave to spectators at Liechtenstein Castle in Vaduz, Sunday Aug. 15, 2004. Prince Hans-Adam II has hand over his authority to his son Alois on Sunday at a garden party . (AP Photo/Keystone/Arno Balzarini)

The Principality of Liechtenstein is the only monarchy in Europe that does not receive any public money from the taxpayer.

The family is one of the wealthiest in Europe, with major property holdings and a privately-owned bank.

Even though the royal family is large, only four of its members are full-time royals: the monarch, Prince Hans-Adam II, his wife, Princess Marie-Aglaé, their son Prince Alois and his wife Princess Sophie.

Unlike in other European monarchies, the Prince has an active role in politics. He has the right to propose legislation, can give pardons and appoints judges. The power comes with accountability — under the constitution, he can be subjected to a no-confidence vote if at least 1,500 eligible voters demand it.

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