When it comes to investment immigration, Taiwan is a country that is largely ignored. Despite having many advantages, such as a highly qualified workforce, a large internal market, a well-regarded international investment climate, and a variety of Taiwanese visa choices, few investors seek residence in Taiwan.
Taiwan’s intertwined history with China could be one of the reasons for this reluctance in the investment immigration arena . Taiwan’s international position is complicated, despite the fact that it has nearly all of the characteristics of a sovereign state. Furthermore, many high-net-worth individuals may be concerned about the language barrier and Taiwan’s level of living.
Taiwan has always welcomed international residents, distinguishing it as a liberal country in the area, particularly when compared to isolationist countries like Japan. It has a variety of resident visa alternatives available, all of which are granted to foreign citizens who invest or start a business in the country.
- Temporary residence — a minimum of 183 days of residence per year is required.
Make a $200,000 investment in a new or current company.
- There is no requirement for permanent residence.
Invest $500,000 (NT$15 million) in a for-profit company to create 5 full-time jobs for Taiwanese nationals over the course of three years. Invest $1 million (NT$30 million) in government bonds for a period of three years or longer.
- Invest in a firm and you’ll be able to create jobs. The first option is to invest $500,000 (NT$15 million) in a for-profit company and generate 5 full-time positions for Taiwanese nationals that will last for at least three years.
- Invest in bonds issued by the government. Government bonds are a good option if you want to just ‘set it and forget it.’ Sure, $1 million (NT$30 million) is a lot of money, but if you can get your money back in three years, getting a Taiwan permanent resident card might be worth it.
- The Investment Commission, Science Park Administration, or Export Processing Zone Administration issues an investment permit and reference letter.
- A form for registering or changing a company.
- A certificate of no tax arrears as well as the company’s financial statements for the last three years are required (if applicable).
- For the past four years, a list of personnel has been compiled (if applicable).
- A receipt for the purchase of Taiwanese government bonds (if applicable).
- If necessary, additional supporting documentation.
- Proof of payment of the visa application fee of roughly $400 (NT$10,000).
- There are several visa alternatives available. When it comes to investing in a home, having options is advantageous. You can invest in either creating a business or buying an existing one in Taiwan. You can also take it a step further and invest in government bonds. Whatever asset type you want, there is a means for you to become a Taiwanese resident.
- It has a world-class economy. When it comes to its economy and the environment for foreign direct investment, Taiwan is a true powerhouse. They’ve been doing it for decades and are regarded as best-in-class by the majority of global financial institutions.
- There are no residency requirements. There will be no physical residence requirement if you choose to make a greater investment and get permanent residence straight away. This means you’ll be able to come and go as you please while keeping your investment or business in Taiwan functioning.
- Taiwanese citizenship is a possibility. Foreigners can apply for Taiwanese citizenship after five years of tax residency. You’ll need to meet a number of prerequisites, including passing a Chinese Mandarin exam. Taiwanese passports are ranked 32nd in the world.
- Healthcare and education are both available. If you bring your family, you can rest assured that they will be well looked after. Every Taiwanese citizen has access to high-quality healthcare and education.
- A democratic nation. Sure, Taiwan’s political position isn’t completely decided, but the island has gone 70 years without any military action or interference from mainland China. Despite Chinese threats, Taiwan has been able to successfully trade with the majority of the world’s countries.
- A high standard of living. Taiwan is a very safe, contemporary, and livable place. The crime rate is at an all-time low, and the Taiwanese people are a kind bunch.