Taiwan

About Taiwan Citizenship and Residency

Taiwan offers residency by investment, if you wish to invest and settle in the Republic of China (ROC, Taiwan), you can apply for a Resident Visa by Investment. You must invest $200,000 in Taiwan in an active business, investment fund, or any investment that is deemed to contribute to the country’s economy. You will keep your residency permit as long as you maintain the investment and live 183 days per year in Taiwan.

There are several different Taiwan visa options available to entrepreneurs and investors, including the Taiwan permanent resident certificate, or APRC. You can easily enter Taiwan for a period of up to 90 days on a tourist visa, like many of the world’s countries. However, if you’re planning on living in Taiwan for longer than six months to invest or to do business, you’ll need to apply for a Taiwan visa such as a Taiwan Permanent Resident Certificate. It has multiple options in terms of resident visas, all of which are issued to foreign nationals who either invest or set up a business in the country.

If you wish to invest a lesser amount and reside in Taiwan, then your only option will be Taiwan’s Temporary Residence Visitor Visa. This Taiwan visa will be valid for two years, and subsequently renewed for another two years, after which you may switch to permanent residence provided you meet the visa requirements.

Temporary Residence Visitor Visa – Residence requirement of 183 days a year.

• Invest $200,000 in a new or existing business

If you want a Taiwan visa but don’t want to comply with the residence requirement of the temporary Taiwan visitor visa, you can do so by investing more money in Taiwan. The more you invest, the sooner you gain permanent residence and the less stringent the requirement for physical residence will be. You won’t need to spend any time living in Taiwan at all if you don’t want to. The Taiwan Permanent Resident Visa Card can be gained in two ways:

Permanent Residence – No residence requirement

• Invest $500,000 (NT$15 million) in a for-profit business and create 5 full-time jobs for Taiwanese nationals that last over 3 years
• Invest $1 million (NT$30 million) in government bonds, provided that you’ll get all of it back in three years, it might be worth it for you to get a Taiwan permanent resident visa card.

Here is a list of documents that you should prepare for a Taiwan permanent resident visa:

• An investment permission and reference business invitation letter issued by the Investment Commission, Science Park Administration, or Export Processing Zone Administration.
• A company registration or change form.
• A certificate of no tax arrears and financial statements for the enterprise for the period of the last 3 years (if applicable).
• A list of employees for the last four years (if applicable).
• A certificate of the purchase of Taiwan central government bonds (if applicable).
• Other supporting documents, if required.
• Proof of payment of approximately $400 (NT$10,000) for the Taiwan visa application form fee.

All of the documents should be translated to Mandarin Chinese and notarized. Some might need authentication by an apostille. Once issued, your Taiwan permanent resident visa card will be valid for five years.

After 5 years of consecutive legal residency, you can also apply for naturalization. Each application is handled on a case-to-case basis, but usually, you will be required as follows:

• to be a tax resident for at least 5 years
• no criminal background
• pass an exam in the Chinese-Mandarin language
• Taiwan’s laws and regulations
• be a skilled professional
• demonstrate an ability to support yourself financially (with twice the minimum wage and a net worth over NTD5,000,000)

Benefits Of Taiwan Residency By Investment Program

• The right to live and work in Taiwan, without any time limit
• Be eventually eligible for citizenship
• Access to healthcare and education system
• Set up a profitable business
• Peaceful, democratic, and politically stable country
• Business-friendly policies
• Extremely safe, modern, and livable country
• High quality of life
• Low crime rate country
• Potentially profitable investment
• Territorial tax system

Taiwan Residency Requirements And Qualifications

Documents Required

• Two passport-size photos
• Original and photocopy of passport
• Professional and academic certificates
• Medical Certificate
• Original Police Clearance Certificate
• Documents certifying business investment
• Statement of Source of Funds
• Investment Plan
• Business Plan

Steps And Timeline

Step 1: Visit Taiwan.

Step 2: Open a bank account.

Step 3: Conduct a medical check.

Step 4: Leave Taiwan.

Step 5: Remit at least $200,000 in investment funds from abroad.

Step 6: Wait up to 4 weeks for capital inspection (every foreign investment must be vetted first).

Step 7: Once the inspection is finished, proceed with business registration- either by yourself or via power of attorney.

Step 8: Once business registration is completed (usually after one week), apply for your Taiwan temporary residence card.

Step 9: Purchase health insurance and live in Taiwan for at least 183 days each year.

• After 2 years, renew your residency, showing your physical presence, maintenance of your investment, your monthly income (minimum twice the lowest legal wage as set by the government), and your net worth (minimum $180,000).
• After 5 years, apply for permanent residency.
• After 7 years, apply for Taiwanese citizenship.

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

• Find the best solution for your needs.
• Identify and deploy a strategy to help you accomplish your goals.
• Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass the guidelines and principles of privacy we stand for.
• Focus on cutting through the red tape and expedite your process.
• Provide proper communication with you about your case.
  …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Taiwan, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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