Can foreigners (French) buy land/house in Taiwan to have a foothold? [closed]

Me and my brother have been traveling to Taiwan several times now, and we are discussing about buying some flat or land there. So we have our own place to stay and invite some friends.

Some taiwanese told me it might be possible in order to do business. This is not my intent, or only renting while I'm not there.

Would you mind sharing your experience/insights?

disclaimer: might be cross-over another stackexchange site, but don't know which one.

Pictures about "Can foreigners (French) buy land/house in Taiwan to have a foothold? [closed]"

Can foreigners (French) buy land/house in Taiwan to have a foothold? [closed] - Soft focus of cardboard box of delivery pizza online service placed on white windowsill in daylight

Can foreigners (French) buy land/house in Taiwan to have a foothold? [closed] - Side view of delighted mom and little girl lying on bed in bright bedroom and playing together while relaxing during weekend and looking at each other

Can foreigners (French) buy land/house in Taiwan to have a foothold? [closed] - Person Holding Debit Card

Can a foreigner own a house in Taiwan?

Q: Can foreigners invest in real estate in Taiwan? A: Yes, as long as there is reciprocal laws in your country, meaning that Taiwanese can also purchase real estate in your home country. Most foreigners in Taiwan can purchase residential real estate, but some types of land such as agricultural land is not allowed.

Can foreigners own land in Taiwan?

Foreigners can only purchase land for personal, investment, and social welfare purposes. A homebuyer is expected to register with the respective Land Registration Office the change in ownership of a property.

How much does it cost to buy a house in Taiwan?

Average cost of home in capital equivalent to nearly 16 years of annual income. TAIPEI (Taiwan News) \u2014 The price of a home in Taipei averaged NT$25.73 million (US$924,249) in 2020, a rise of 3.25% over the previous year, making it ever harder for salary workers to settle down in the capital.

What countries can foreigners not buy property?

Four countries in which there are extra layers of difficulty for non-citizens who attempt to purchase real estate are Vietnam, Mexico, Greece, and Thailand.

Can a foreigner own property in Taiwan 🇹🇼?

Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Karolina Grabowska, Erik Mclean, Andrea Piacquadio, Pixabay