itakitez wrote:So, also a little further question
If for instance you had a mortgaged property and JFRV visa, what would happen if the taiwanese citizen was no longer with us?
1. would the bank call in the loan despite constant repayments? I cant see how they could keep a mortgage against someone who was not alive, so if you couldnt pay it off in one chunk, would you lose the house?
2. would you also lose your visa status? is this effected by gender (ie, female join the family so foreigner female would be retained, but males dispatched?)
ie, would you be dealt a triple wammy in event of an unfortunate accicent (like scooter crash/...) lose spose, visa, job, house...
1. Dunno about this one, but it is a very good question. As I pointed out in anotehr thread, the concept of buying insurance to cover your mortgage as you make the paperwork is rather new here, it is a "new product" as the bank employee told me. It is a standard back home -you die, they still get your money, your dependents won't lose their roof, win win. It seems to be the best option in this case, so far. Ask your bank or insurer if they have it.
2. It used to be like that. Now they give you three months for you to arrange the paperwork and stay if so desired -if you have sufficient ties here- or put the effects in order. If children present and children are Taiwanese then those are ties, for example.