Can Foreigners Buy Real Estate in Taiwan?
Yes — foreigners are allowed to purchase real estate in Taiwan, but specific regulations and conditions apply. Here’s a streamlined guide to help you understand the process and requirements.
1. Eligibility for Foreign Buyers
Foreigners can buy property in Taiwan if their home country grants Taiwanese citizens the same rights — a principle known as reciprocity.
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This rule is stipulated under Articles 17 and 20 of Taiwan’s Land Act.
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A list of eligible reciprocal countries is maintained by the Ministry of the Interior.
2. What Types of Property Can Foreigners Buy?
3. Required Documents for Property Purchase
Foreigners must submit the following documents to the local Land Registration Office:
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Application form for land registration
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Identification documents for both parties
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Sales and purchase agreement
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Tax payment or exemption certificate
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Certificate of Reciprocity (if applicable)
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Zoning certificate for land use (may be waived for non-urban land)
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Land ownership certificate
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Power of attorney (if acting through a representative)
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Any additional documents requested by the Central Land Administration
4. Financing and Tax Considerations
5. Popular Locations for Foreign Buyers
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Tamsui, New Taipei City
Scenic views and convenient public transportation. -
Downtown Taipei
Excellent amenities and active international community. -
Central Taichung
Modern development and affordable urban living.
6. Tips for a Smooth Buying Experience
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Legal Support: Hire a local lawyer to review contracts and ensure compliance.
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Financial Planning: Discuss taxes and loan options with a certified advisor.
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Due Diligence: Review the property's ownership history and legal standing.
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Work with Professionals: Choose real estate agents experienced with foreign transactions.
Conclusion: You Can Own Property in Taiwan
With the right preparation and professional guidance, foreign nationals can successfully invest in Taiwan’s real estate market. Make sure to stay informed and consult local authorities to ensure compliance with all legal requirements.
🔔 Reminder: Regulations may change. Always verify with the Land Office or legal counsel before proceeding.