A self-professed Libertarian politician from the Czech Republic says he has created a new, sovereign country on the Croatian-Serbia border where citizens decide their own tax burden, property and individual rights are respected and the national motto is "Live and Let Live."

Vít Jedli?ka, a member of the Conservative Party of Free Citizens, recently appointed himself president of the Free Republic of Liberland, a "micronation," located on the banks of the Danube River in a 2.7-square-mile patch of what he says is unclaimed territory. Jedli?ka says neither neighboring nation claimed the land when they established their borders following the breakup of Yugoslavia, and claims international law allows his claim.

"The objective of the founders of the new state is to build a country where honest people can prosper without being oppressed by governments making their lives unpleasant through the burden of unnecessary restrictions and taxes," reads a statement that could be a precursor to Liberland's constitution.