The Republic of China, also known as Taiwan, is a reality in itself, and takes its name from the main island that constitutes the state entity. Internationally, this name is often altered in Taipei. But despite these differences in semantics, there are some curiosities that we at Realigro, today, would like to share with you.
Yes, the protagonist of our column is you! In today's mini guide, in fact, we will give you all the information you need to be able to take the big step in total serenity, the one that could really change your life!
And then, if you are ready and loaded, we just have to start: buy a property in Taiwan, it will be a piece of cake!
As always, we start from the basics, also because it is necessary to follow a specific order when you approach a new nation. Let's start then, with the necessary documentation to be able to access Taiwan. In this country the necessary documents vary depending on the period of stay. Generally it is advisable to be in possession of a passport with a residual validity of at least 6 months on the date of departure for Taiwan.
For about thirty years, there have been no reported cases of particular importance, as far as national security is concerned. Even the risk of terrorism seems almost zero.
The language spoken is the standard Mandarin, but many also use Taiwanese. Are you already in crisis and looking for an online course in Chinese? Don't worry! English will be your best weapon against any linguistic difficulty!
The currency used is the New Taiwan Dollar (TWD), which corresponds to 0.03 euro. So let's get to the heart of the economy, trying to analyze how convenient it is to live in this land. To do this, we use a small table, where we have entered the main subsistence goods and their price, also to facilitate the overview.
Meal, Cheap Restaurant 2,86 €
Meal for 2 People, Medium Restaurant, Three-Course 19,99 €
Menu from McDonalds (or equivalent menu) 3,57 €
Domestic beer (0,5L on tap) 1,57 €
Import beer (0.33L bottle) 2.00 €
One way ticket (local transport) 0,57 €
Monthly subscription (full price) 36,55 €
Basic (Electricity, Heating, Air conditioning, Water, Garbage) for an apartment of 85m2 61,02 €
And after concluding with a prospectus, we only have the section that you have all been waiting for: that relating to the real estate market!
How much does it cost to buy a property in Taiwan? For the lease contracts, in the center of the capital, we speak of a monthly fee of 380 euros. Obviously, the situation is different if you are interested in more neighboring areas, with a price difference of about 100 euros. While, if your intention is to invest completely in the brick of Taiwan, prices start from 6,000 euros per square meter (capital) and 4,000 in less metropolitan cities.
So, now that you know every detail, you just have to prepare your suitcase: Taiwan is waiting for you!
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