Foreigners Purchasing Properties in Taiwan
1) Can foreigners purchase properties in Taiwan?
- Yes. If your country allows Taiwanese citizens to buy property there, you can buy property in Taiwan. This is based on reciprocity. Eligible countries include the United States, Japan, South Korea, and the United Kingdom.
2) Are there any restrictions based on nationality?
- Yes. While many nationalities are eligible under Taiwan’s reciprocity principle, some countries fall under conditional reciprocity, which may limit what types of property you can buy.
- Singapore, Hong Kong, the Philippines – Eligible to purchase, but may face restrictions. For example, Philippine citizens cannot buy standalone houses.
- Indonesia, Vietnam, Myanmar, Macau – Not allowed to purchase property or land in Taiwan.
⚠️Be sure to confirm your country’s status before making plans.
3) What can foreigners buy?
- Foreigners are generally allowed to purchase a range of properties in Taiwan, especially if they plan to live, invest, or operate a business here. The most commonly permitted types include:
- Apartments and condominiums – Located in urban areas and intended for residential use.
- Commercial properties – Such as offices, storefronts, and business units.
- Industrial buildings – Including factories or warehouses, typically through a registered company.
Buying land is more restricted. It requires formal approval from Taiwan’s Ministry of the Interior, and is usually only granted if:
- The buyer holds long-term residency (e.g., ARC or APRC)
- The land is intended for approved use (residential, industrial, or commercial) – not speculation
For more details, visit the Ministry of the Interior’s official English website:
4) Do I need a visa to buy property in Taiwan?
- Yes. To legally purchase property in Taiwan, you must hold a valid visa that grants legal residency status. Acceptable visa types include:
- Work visa
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- Student visa
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- Family reunification visa
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- Resident visa (ARC or APRC)
⚠️Tourist visas are not valid for property purchases. They do not provide legal residency and are considered short-term stays.
⚠️Buying property does not grant residency or immigration status. You must apply for the appropriate visa or residence permit separately.
5) What documents do I need?
- Foreign buyers must prepare a few essential documents when purchasing property in Taiwan. These help verify your identity, legal status, and intent:
- Valid passport – To confirm nationality and identification.
- ARC or other proof of legal stay – Required especially if you’re buying land.
- Proof of financial capacity – This can include bank statements, income certificates, tax returns, or employment letters.
- Statement of intended use – You must clearly indicate whether the property is for residential or commercial use. Purchases for speculative purposes are not permitted.
Additional documents may be required depending on your nationality, visa type, and the nature of the property. It’s advisable to consult a local real estate agent or legal advisor before signing any contracts.
6) What taxes and fees should I expect?
- When buying property in Taiwan, be prepared for the following costs:
- Deed tax – Typically 1% to 4% of the purchase price
- Stamp duty and registration fees – Required for property title transfer
- Annual house and land tax –Varies depending on usage and location
If you’re purchasing land, you must apply for approval from the Ministry of the Interior. The process includes:
- Submitting a formal application
- Providing your ID and visa
- Demonstrating financial capacity and stating the purpose of purchase
⚠️Tax rates are influenced by your residency status and days spent in Taiwan during the tax year — not just your nationality.
Want to know more about property-related taxes in Taiwan?
7) Can foreigners apply for a mortgage in Taiwan?
- Yes, but expect stricter conditions than for local buyers. Taiwanese banks may offer home loans to foreigners, especially those with long-term residency. However:
- Loan-to-value ratios are usually lower
- A local guarantor may be required
- Opening a Taiwanese bank account is often necessary
Each bank has different criteria, so it’s best to compare terms and consult with your financial institution in advance.
8) What’s the process for buying property in Taitung?
- If you’re planning to buy property in Taitung, the process is straightforward but must follow Taiwan’s legal procedures. Here’s a quick overview:
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- Confirm your eligibility – Make sure your nationality is on the reciprocity list.
- Hire a licensed conveyancer – A local professional will help prepare documents and submit your application.
- Apply at a local Land Office – Choose from Taitung, Chenggong, Guanshan, or Taimali offices.
- Get approval – Your case will be reviewed by the Land Office and approved by the Taitung County Government.
- Register ownership – Once approved, complete registration and receive official ownership.
- (Optional) Apply for a mortgage – You can apply with local banks during the review process.
🕒 Timeline:
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- Land registration approval: 7–14 days
- Mortgage approval: 2–3 months (if needed)
9) Where can foreigners find a property?
You can start your search through international real estate platforms that feature listings in English.
10) What if I sell my property later?
- If you sell your property in Taiwan, you’re subject to the Consolidated Housing and Land Tax.
- Held < 2 years → 45% tax
- Held 2–5 years → 35% tax
- Tax rates vary based on your residency and number of days spent in Taiwan per year.
