Over the past few years Vaduz, the capital of Liechtenstein, has become more and more the center of the whole region, and houses not just the Parliament but has been the residence of the Prince since 1938. Vaduz was first mentioned in documents in 1150.
Liechtenstein is a principality governed under a constitutional monarchy. It has a form of mixed constitution in which political power is shared by the monarch and a democratically elected parliament. There is a multi-party system and a form of representative democracy in which the prime minister and head of government is responsible to parliament. However the Prince of Liechenstein is head of state and exercises considerable political powers.