Taiwan's island republic is organized into 11 counties and three cities. Changhua, Pingtung, and Yunlin are the most important counties. It is located in Eastern Asia, on the boundary of East China and the Philippine Sea. The country covers 36,197 square kilometers of land. Its landscape is characterised by rough mountains in the east and flat plains in the west. It has a tropical marine climate with a rainy season from June to August and clouds throughout the year. There are over 23.5 million inhabitants in the country. Taipei, the country's capital and most populated city, has a population of over 2.6 million people. Taichung, Kaohsiung, and Taoyuan are the other important cities. Taoyan International Airport (TPE) is the country's busiest airport, with approximately 48 million people annually. This places it as the world's 36th busiest airport. Several airlines fly to locations all over the world from the airport.
Taiwanese culture has always been a mix of Chinese, Japanese, and Western influences. The predominant faiths are Buddhism and Taoism, but there is a variety of religions. Mandarin Chinese is the official language. The legal system in Taiwan is based on civil law. A semi-presidential republic governs the country.
The New Taiwan dollar (TWD) is the official currency. The country has an open economy, with a gross domestic product of $1.2 trillion. This places it as the fourth-largest economy in the East Asian region. The per capita income of its residents is $54,019. The services and industries sectors account for the majority of GDP. Taiwan is a technological and software powerhouse. Electronics, chemicals, textiles, machinery, grains, and vegetables are the main export items.
Taiwan is a very popular tourist destination in the region. There are numerous urban and natural tourism sites throughout the country. It is recognized for its lively cities as well as its natural beauty. In the county, there are two UNESCO world heritage sites. Taipei, Changhua, Keelung, Yushan National Park, Kinmen, Kaohsiung, Nantou, and Taroko National Park are just a few of the important locations. Every year, around 12 million tourists visit Taiwan, the vast majority of whom are from Asia.
Taiwan
Taiwan offers a number of benefits to investors, including tax breaks and a low cost of living. Taiwan also has a number of residency options, including investment-based residency and work-based residency. In addition, Taiwan offers a number of cultural and recreational activities, making it an attractive place to live. Taiwan is also home to a number of world-class universities, making it an ideal place to raise a family. For all these reasons, Taiwan makes an excellent choice for international investors looking for a place to call home. Taiwan offers 3 mobility options for investors.
Taiwan's investor visa bond option is a great way to become a legal resident of Taiwan. You can invest in Taiwan government bonds and get a Taiwan investor visa, which allows you to live and work in Taiwan. The Taiwan investor visa bond option is a great way to get a residency permit.
Invest over NT$30 million in Taiwanese government bonds for over 3 years.
Taiwan's business visa option for investors is quite simple: invest a minimum of $200,000 USD in a Taiwan-based company, and you're eligible for a 3-year business visa. If you want to stay longer, you can renew the visa for an additional 3 years.
The main applicant has to invest over NT$15 million in a for-profit enterprise in Taiwan, and create five or more job opportunities for ROC nationals for 3 years.
Taiwan's startup visa program is one of the most straightforward in the world. The program is open to foreign entrepreneurs who want to start a business in Taiwan.
There are three basic requirements: a business plan, a minimum of $50,000 in investment capital, and a Taiwan resident sponsor. If you can meet these requirements, you can apply for the Taiwan Startup Visa.
According to the SovSpot Passport Ranking Index, the Taiwanese passport is currently ranked 32nd. It allows entrance to 146 countries without requiring a visa. This gives it a higher total mobility score, making it a desirable passport. Visa-free travel and visa-on-arrival are available to Taiwanese passport holders in countries such as Singapore, the United Kingdom, Israel, and the European Union as a whole. This enables for practically quick travel to some of the world's most popular destinations. Taiwanese passport holders, on the other hand, need a visa to visit 83 countries. India, Ukraine, and Lebanon are among the countries that require a visa.
32
146
The number of countries Taiwan passport holders can enter without a visa (i.e. visa-free countries) and those Taiwan passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization is added up to determine the Taiwan passport ranking relative to other global passports (eTA). There are now 100 visa-free countries for Taiwan passport holders, 36 visa-on-arrival countries for Taiwan passport holders, and 10 eTA destinations. Taiwan passport holders can access a total of 146 countries without a visa, via visa on arrival, or using an eTA. As a result, Taiwan's passport is currently ranked 32 in the world. Aside from the Taiwan visa-free and visa-on-arrival countries, there are 83 more countries that Taiwan passport holders will need a physical visa or an eVisa to visit (i.e. visa required countries).
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