What do I need to know when buying property in Taiwan?
When we asked expats what advice they would give a foreigner before buying a property in Taiwan, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Taiwan, including any restrictions on foreign ownership. 3. It is important to obtain a professional appraisal of the property before making a purchase. 4. It is important to understand the tax implications of purchasing property in Taiwan, including any applicable capital gains taxes. 5. It is important to understand the local zoning laws and regulations that may affect the use of the property. 6. It is important to understand the local building codes and regulations that may affect the construction or renovation of the property. 7. It is important to understand the local laws and regulations regarding rental properties, if applicable. 8. It is important to understand the local laws and regulations regarding the transfer of ownership of the property. 9. It is important to understand the local laws and regulations regarding the maintenance and upkeep of the property. 10. It is important to understand the local laws and regulations regarding the sale of the property," said another in Taiwan.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.
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What do I need to know when buying property in Taiwan?
If you live in Taiwan, newcomers to Taiwan would love to hear your answer to this question: