Welcome To Taiwan

Local Time
00:00
Local Temperature
27°C / 80°F

Overview

Population

23.3 million people

Area

13,976 sq miles (36,197 sq km)

Standard time zone

UTC +8 hours

Local voltage

110V, 60Hz

Country code

+886

Ethnic groups

Han Chinese (97%), Indigenous (2.3%), Others (0.7%)

Currency

New Taiwan Dollar (TWD, NT$)

Language

The most-spoken language in Taiwan is Mandarin Chinese and the second most spoken is Taiwanese Hokkien (referred to as Taiwanese). Mandarin and Taiwanese are two distinct languages and are not mutually intelligible. It shouldn’t be expected that people will speak any other languages.

Health

Taiwan’s healthcare is affordable and efficient. Expats living in Taiwan for more than four months or who have an ARC card are required to have a National Health Insurance (NHI) plan. Taking out private insurance to cover co-payments and non-covered treatments is still recommended.

Security

Taiwan is a relatively safe place to live, and assignees are unlikely to witness or fall victim to any major crimes. Earthquakes and typhoons affect the island and local recommendations should be followed. Take normal safety precautions.

Homosexuality is legal in Taiwan and same-sex marriage is recognized and legal.

Government Compliance

In Taiwan, there is no further local registration requirement once the Work Permit and Alien Resident Certificate (ARC) are obtained through the visa and immigration process.

Visa processing times can vary and may take longer than expected. Therefore it is recommended to apply for a visa well before the intended travel dates to ensure enough time for processing.

Transportation 

Taiwan’s public transport system is reliable and well-developed. Buses, taxis, and trains are all available and convenient to use. In major cities, traffic congestion and limited parking cause most assignees to choose public options. The minimum age to drive is 18, and any long-term residence of 6 months or more will be required to obtain a Taiwan driver’s license.

Banking 

The official currency of Taiwan is the New Taiwan Dollar (TWD). Taiwan has an advanced monetary system. There is little restriction on taking currency into or out of Taiwan However, international remittance from overseas may take 2 weeks or more for local banks to release the funds. Foreigners can open a bank account in almost all Taiwan banks. A Bank account can be opened on the same day of application and the ATM card is typically received within 1-2 weeks. ATMs are widely available. Credit card application requires a local guarantor and can take up to a month to process.

Housing

Accommodation in Taiwan can be relatively expensive, but there are numerous options. Most expats live in apartments, as houses are not very common. Temporary accommodation such as serviced apartments are limited, so many short-term expats choose to stay in hotels, which are more common.

Lease Term / Condition

Details

Typical lease period

12-24 months

Security deposit

2 months’ rent

Agent fees 

1 month's rent, paid by the tenant

Diplomatic clauses /termination 

None / 1st year, 30 days’ notice with penalties, 2nd year, 60 days’ notice

Types of leases 

Personal and corporate

Rental payment cycle 

Monthly or quarterly

Utilities 

Typically not included in the rent

Furnishings 

Typically unfurnished

Education Overview

Most local Taiwan schools are unable to support foreign students who cannot speak, write or read Mandarin. It is recommended that expats send their children to international schools. There are just two established international schools to choose from, and space is often limited. Waiting lists can be extensive, so the application process should begin as early as possible in the relocation process.

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