01.How to acquire the rights or interests of land in Taiwan, ROC?
1.Requirements:Only foreigners whose home countries, according to treaties or their domestic laws, entitle ROC nationals to the same rights may acquire land in Taiwan, ROC. (Article 18, Land Act)
2.Types of Land: Land for forestry, hunting reserves, salt plants, mineral deposits exploitation, water resources, military base and areas, and land adjacent to the national frontiers shall not be transferred to, used as collateral by, or leased to foreigners. (Article 17, Land Act)
3.Usage of Land: The usage of land leased or purchased by foreigners is limited for residences, business sites, office buildings, shops, factories, churches, hospitals, schools for children of foreigners, diplomatic and counselor building, building of organizations for the promotion of public welfare, and cemeteries. In addition, foreigners may be allowed to acquire land for investments helpful or useful in major infrastructure projects, overall economic development, or agricultural and animal husbandry industries
that are approved by the competent authorities .(Article 19, Land Act)
(1). Regulations: the Article 17 to 20, Land Act of the Republic of China.
(2). Where to apply: Land Registration Office where the land is located.
(3). Processing time: 7 to 14 working days
(4). Fee: (1) Application for approval: Free (2) Registration Fee: 0.1% of the official value of the real property.
(5). Procedures for Foreign company purchasing estate in Taiwan, R.O.C.: If a foreign company opens a branch office in Taiwan for the first time, it should file a license application to the Ministry of Economic Affairs. A foreign company recognized by Taiwan laws acts as a subject of rights so that it may be allowed to acquire land in Taiwan.
(6). Note：If the nation of the foreign applicant, who is acquiring the rights and interests on land in the Republic of China, is listed in the following table, the Reciprocal document shall not be submitted.
List table of reciprocal nations for foreigners acquiring land in Taiwan, ROC