Living in Taiwan | living in taiwan
YoumayfindbuyingpropertyinTaiwanischeaperthaninmanyWesterncountries.ThoughitmightnotseemthatcheapcomparedtotheaverageTaiwaneseincome,morethan80%ofTaiwanspopulationowntheirownhome.Theusageoflandleasedorpurchasedbyforeignersislimitedforresidences,businesssites,officebuildings,shops,factories,churches,hospitals,schoolsforchildrenofforeigners,diplomaticandconsularbuildings,buildingsfororganizationspromotingpublicwelfare,andcemeteries.Inaddition,foreignersmaybeallowedtoacquirelandforinvestmentshe...
You may find buying property in Taiwan is cheaper than in many Western countries. Though it might not seem that cheap compared to the average Taiwanese income, more than 80% of Taiwans population own their own home.
The usage of land leased or purchased by foreigners is limited for residences, business sites, office buildings, shops, factories, churches, hospitals, schools for children of foreigners, diplomatic and consular buildings, buildings for organizations promoting public welfare, and cemeteries. In addition, foreigners may be allowed to acquire land for investments helpful or useful in major infrastructure projects, overall economic development, or agricultural and animal husbandry industries that are approved by the competent authorities.
Foreign nationals purchasing real estate are required to submit the following documents to the Land Registration Office where the land is located:
Application form for land registration Identification document...