How to Rent a Home in Taiwan

Navigating the process of renting a home in Taiwan for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Taiwan their home.

"Moving to Taiwan can be an exciting adventure, and finding the right apartment to rent is a crucial step in settling into your new life. The rental process in Taiwan might differ from what you're familiar with, so this guide aims to provide a comprehensive overview to help you navigate the market smoothly. Understanding the local customs, legal requirements, and market trends will ensure you find the perfect place to call home.

How do you find a rental property in Taiwan?

To find a rental property in Taiwan, you can start by browsing online listings on popular platforms like 591.com.tw, rent.com.tw, or using apps like HouseFun. Additionally, working with a real estate broker can provide you with more options and local insights. Walking around desired neighborhoods can also lead you to "for rent" signs posted directly on buildings. Networking with locals and other expats can sometimes reveal hidden gems not listed publicly.

Does Taiwan have an MLS type system?

Taiwan does not have a centralized Multiple Listing Service (MLS) system like those found in some Western countries. Instead, listings are spread across various platforms, and real estate agents often have exclusive access to certain properties. This means you may need to browse multiple websites or work with several agents to get a comprehensive view of available rentals.

Do brokers have licenses and how do I know if they are licensed?

Yes, real estate brokers in Taiwan are required to have a license. To verify if a broker is licensed, you can ask to see their license or check with the local real estate association. Licensed brokers are registered with the government and follow a code of conduct, ensuring a more secure and professional service.

Should I buy or rent in Taiwan?

Deciding whether to buy or rent depends on your personal circumstances and long-term plans. Renting offers flexibility and is generally more suitable for expats who may not stay in Taiwan permanently. Buying can be an option if you plan to live in Taiwan long-term, but foreigners face certain restrictions and higher tax rates on property purchases.

Is it difficult to find rentals in Taiwan?

The ease of finding rentals in Taiwan can vary greatly depending on the location and your specific requirements. In popular areas and major cities like Taipei, the market can be competitive, and desirable properties may be snapped up quickly. Being proactive, working with agents, and keeping an open mind can help you find suitable rentals.

What documents are required when renting an apartment in Taiwan?

When renting an apartment in Taiwan, you typically need to provide a copy of your passport, Alien Resident Certificate (ARC), and sometimes a work contract or letter from your employer. Additionally, you may need to provide a local guarantor or pay a larger deposit if you cannot. Always confirm the required documents with your broker or landlord.

Do I need a lawyer when renting an apartment in Taiwan?

While it's not always necessary, having a lawyer review your lease agreement can provide added security and peace of mind. A lawyer can ensure the contract is fair and that your rights are protected. Legal fees vary, but you can expect to pay around NT$5,000 to NT$10,000 for contract review and consultation.

How long is the typical lease for in Taiwan?

The typical lease length in Taiwan is one year, with options to renew. Some landlords may offer shorter leases, but these can be less common and may come with different terms. Longer leases of two or more years are also possible, depending on the landlord's preferences.

Do I have to pay a deposit and how much is it?

Yes, deposits are standard when renting in Taiwan. The deposit is usually equivalent to one to two months' rent. This amount is held by the landlord and returned at the end of the lease, provided there is no damage to the property beyond normal wear and tear.

What other upfront costs are there when renting in Taiwan?

In addition to the deposit, you may need to pay a broker's fee, which is typically half a month's rent. Some landlords may also charge a small administrative fee. Be prepared to pay for these upfront costs along with your first month's rent when signing the lease.

Are utilities included in the rent in Taiwan?

Utilities are not typically included in the rent in Taiwan. Tenants are usually responsible for setting up and paying for their own electricity, water, gas, and internet services. These utilities are generally affordable compared to many Western countries. Make sure to discuss utility responsibilities with your landlord before signing the lease.

Are furnished or unfurnished rentals more popular in Taiwan?

Both furnished and unfurnished rentals are available in Taiwan, with unfurnished options being more common. Furnished apartments usually include basic furniture, a refrigerator, and sometimes a washing machine. Unfurnished apartments may only come with built-in kitchen fixtures and appliances, if any. It's essential to confirm what is included when viewing listings, as this can vary greatly," said one expat living in Taiwan.

Expats Talk about How they Found their Home

"One of the best ways to find a place to live in Taiwan is to use online resources such as websites and forums. Websites such as 591.com.tw and TaiwanRent.com are great resources for finding apartments and houses for rent. Additionally, there are many online forums dedicated to expats living in Taiwan, such as Expat-Taiwan.com, which can be a great source of information and advice on finding a place to live. Additionally, it is also possible to find a place to live by asking around in the local community, such as at universities, churches, or other places where expats may gather," commented an expat living in Taiwan.