Market real estate
Can Hong Kong or Macau immigrants go to Taiwan to buy real estate? Is it better to rent a house or buy a house?
Yes, but self-occupied buildings cannot be counted as investment immigration projects, and there are many restrictions. It is not easy for Hong Kong and Macao residents to apply for a mortgage from a bank, and Taiwanese people are required to guarantee it. The general loan amount does not exceed 5 million Taiwan dollars. In addition, in order to suppress the property market, the Taiwan government introduced a unified land and housing tax in 2016. Under the new tax system, foreigners can purchase non-ownership units, and the profits from selling properties will be as high as 45%. In addition, the rental return rate in Taiwan is relatively low, only about 1%, and short-term rental may be more cost-effective.