Relocating to Find A Place in the Sun TaiwanA place in the Sun Taiwan; It’s almost everyone dream to find a place in the sun and for many people Taiwan is the ideal place to relocate. It is vibrant and exciting, although it also has a calmer side to be discovered away from the cities. Taiwan is also cheap and easy to explore by public transport, and a paradise for food lovers. If you are considering a move to Taiwan, it is essential to do your research so that you can avoid any costly issues. Before you go ahead and make the move, you should make sure that you have:
- Researched your destination, and the local customs and laws
- Obtained independent legal advice
- Researched the tax regulations
- Made plans for your health cover
A Place in the Sun – About TaiwanTaiwan is situated off the mainland of China and has ultra-modern cities, although it follows the traditional Chinese culture. The main religions in Taiwan are Buddhism, Taoism and Confucianism and beautiful temples can be found across the island. Many younger expats move to Taiwan to teach English. Other areas of employment can be found in information technology and manufacturing of electronic games and computer-related products. Many multinational firms have opened up branches across the island, providing employment opportunities for expats. On planning a time to relocate, it is worth remembering that the tropical cyclone (typhoon) season in Taiwan normally runs from May to November. Buses are probably the best way to travel in the cities and across country. They are safe, clean and plentiful and travel costs are very reasonable. There are always plenty of taxis in every city and these are also a comfortable and inexpensive way to travel. Make sure you travel in the yellow government-regulated taxis and not the “wildcat” taxis”, which are considered to be less safe. If you own an international driving license you are able to drive in Taiwan with some exceptions. Provided the Taiwanese can drive in your country with an international driving license, you are allowed to drive in Taiwan. That said, driving is extremely difficult and you will need to allow some time to adjust to the chaotic driving style and traffic laws. It should also be remembered that Taiwan has some of the strictest drink driving laws in the world. Drunk driving will result in a prison sentence and heavy fines. In Taichung City and County passengers may also face prison sentences and fines for allowing a drunk driver to drive.
A Place in the Sun - Buying a Property in TaiwanMost expats will choose to rent an apartment; houses are not common in Taiwan and most will be small studio-type accommodation. Rental prices in the larger cities will be much higher than apartments further out. Try to find accommodation with air conditioning, as the summers are extremely hot. Most expats choose not to buy a property in Taiwan due to the extremely high prices, foreign nationals wishing to purchase a home will need to meet strict criteria in order to do so. The following site has a selection of properties, should you wish to proceed with purchasing a property, it is essential you seek legal advice: www.colliers.com/
A Place in the Sun - Education & Schools in TaiwanExpat children almost always attend international schools because of the language barrier. Mandarin is the official language although Taiwanese and Hakka are also spoken. The following site will help you find a suitable international school: www.easyexpat.com/
A Place in the Sun - Cost of Living in TaiwanLiving, traveling and food in Taiwan are all inexpensive by western comparisons. It’s no secret that street food is extremely good value. You can get some of the best Chinese food you've ever had for under £2.00. Mid-range restaurants will offer a wider spectrum of cuisine, from Japanese to Vietnamese and will generally cost between £4.00 and £6.00 per dish. However, expect international prices in international restaurants! Taiwan's currency is the New Taiwan Dollar (NTD), referred to in Chinese as yuan or kuai. It comes in coin denominations of NT$1, $5, $10, $20, a golden $50 coin, and bills of NT$100, $500 and $1,000.
A Place in the Sun Taiwan– Currency ConversionWhen moving overseas, making sure you get the best exchange rate possible is essential to starting your new life on a sound footing. White & Company has an exclusive arrangement with an FX Firm (foreign exchange company). Simply follow the link below to see what additional monies you will receive compared to using your high street bank and to set up a free no obligation account. White and Company/foreign-exchange
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