Yes, foreigners can own property in Taiwan, but there are specific rules and restrictions depending on the type of property and the buyer’s residency status. Here’s a detailed breakdown:
1. Types of properties foreigners can buy
Foreigners are generally allowed to purchase the following types of properties:
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Residential apartments (condominiums) in urban areas
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Commercial properties (offices, shops, etc.)
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Industrial properties (factories, warehouses – typically through a legal entity)
2. Restrictions and requirements
A. Reciprocity requirement
Taiwan allows foreign individuals or companies to purchase real estate only if their home country offers Taiwanese nationals the same right. This is known as the reciprocity principle. If you’re from a country where Taiwanese citizens can legally acquire property, you're likely eligible to do the same in Taiwan.
A list of reciprocal countries is maintained by Taiwan's Ministry of the Interior. It's essential to confirm whether your country qualifies before proceeding.
🏛️ Foreigners purchasing property in Taiwan must comply with the Land Act, specifically Articles 17 and 20, as well as the regulations outlined in the Operational Guidelines for Foreigners Acquiring Land Rights in the Republic of China (Taiwan).
For more details, visit the Ministry of the Interior’s official English website:
👉 Ministry of the Interior – English Portal
B. Land purchases
Buying land is more strictly regulated than buying buildings:
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Foreigners must apply for approval from the Ministry of the Interior (MOI)
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Approval is more likely if:
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You hold long-term residency (e.g., an ARC or APRC)
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The land is being used for a legally permitted purpose, such as business development or residence, not speculation
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C. Apartments and buildings
Foreigners can generally purchase buildings (without the land) with fewer restrictions:
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No prior approval is usually required for apartment or commercial building purchases
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You must submit documentation to verify identity and legal residency status
D. Visa requirements
To qualify for a property purchase, you must hold a valid visa, typically:
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Work visa
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Student visa
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Family reunification visa
⚠️ Tourist visas are short-term and do not confer the legal residency status required for purchasing property in Taiwan.
3. Required documents
When buying property in Taiwan, foreign buyers need to prepare:
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Valid passport
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Alien Resident Certificate (ARC) or other proof of legal stay
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Proof of income (e.g., tax returns, employment letters, or bank statements)
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Statement of intended use: Must declare whether the property is for residential or commercial use, not speculation
4. Legal and financial steps
A. Ministry of the Interior approval (for land purchases only)
If purchasing land, you must:
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Submit a formal application
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Provide identity and visa documentation
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Demonstrate financial capacity and purpose of the purchase
B. Tax and fees
Be prepared for the following:
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Deed tax: Typically 1%–4% of the purchase price
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Stamp duty and registration fees
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Annual house and land tax, depending on usage
C. Mortgages
Taiwanese banks may offer loans to foreigners, but:
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Loan-to-value ratios may be lower
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You might need a local guarantor
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Some banks require you to open a Taiwanese bank account first
5. Key considerations
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Long-term residency (ARC/APRC) makes the process significantly easier
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Consider hiring a bilingual real estate agent or attorney to assist with legal procedures
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Have an exit strategy in case you plan to sell the property in the future—selling land may involve additional restrictions or approvals
6. Special cases
A. Spouses of Taiwanese nationals
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Foreign spouses with a valid marriage certificate and residency status may find it easier to purchase land or buildings
B. Foreign companies
- Foreign-registered businesses may purchase commercial or industrial properties (e.g., factories, warehouses), but must comply with foreign investment regulations
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Registration with the Investment Commission is often required
7. Risks and challenges
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Bureaucracy: Foreign buyers face more paperwork than locals
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Currency exchange and fund transfers may involve additional steps
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Market fluctuations could affect your property’s resale value
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Legal disputes: Ensure your contracts are reviewed by professionals familiar with Taiwanese property law
💡 Final tips
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Confirm if your country has reciprocal property rights
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Apply for an ARC or APRC early if you plan to stay long-term
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Work with experienced local agents or attorneys
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Always register your purchase to ensure legal protection
Foreigners can own property in Taiwan, but the process is regulated and depends heavily on reciprocity agreements, visa status, and the type of property. With the right documentation and expert guidance, purchasing property in Taiwan is very possible, especially for long-term residents or those establishing a business locally.
