Owning land in Taiwan?

[Pingdong]

When I first came here and looked into it I was told i couldnt own land. But i just heard somethign different mentioning getting permanent residence if you have over a certain amount in property. Now im confused.

Can a foreigner resident or permanent resident own land? I am probably going to go for my permie rez. status one of these days, if it makes any difference i will get it done now.

Not a house, I mean the actual dirt it sits on, at least as much as any Taiwanese could.

[yuli]

Can a foreigner [...] own land?

You may want to start your research here: http://www.fao.org/legal/prs-ol/lpo6.pdf ---> page 9
More details here:
http://www.tcjs-land.gov.tw/chlas/chlal ... 850241.pdf
http://www.land.moi.gov.tw/onlinebill/608-n1.pdf
Some related amusement:
http://www.forumosa.com/taiwan/viewtopi ... 80&t=13231

[Rotalsnart]

When I first came here and looked into it I was told i couldnt own land. But i just heard somethign different mentioning getting permanent residence if you have over a certain amount in property. Now im confused.

Can a foreigner resident or permanent resident own land? I am probably going to go for my permie rez. status one of these days, if it makes any difference i will get it done now.

Not a house, I mean the actual dirt it sits on, at least as much as any Taiwanese could.

This topic has already been discussed extensively here. You can search my past posts to find related threads. The short answer is yes, a foreigner can own residential land (yes, the land itself, and buildings on the land) if his or her home country allows Taiwanese to own land (it's reciprocity based). When you buy a condo or house on residential land, you will get separate deeds for the building and the land. You don't need any special visa or residency status to own land here as far as I know.

The above is true only for land zoned as "residential" land. Other types of land (farm land, forestry land etc.) have restrictions on, or are prohibited from, foreign ownership. Again, do a search and you will find more detailed discussion.

For foreigners wishing to buy residential land, the biggest obstacle (unless they are able to pay in cash) is usually finding a bank willing to give a foreigner a mortgage loan. This obstacle can be overcome by finding a qualified guarantor. Some people have also succeeded in getting mortgages without a guarantor, but it is difficult. Having an APRC will help to persuade a bank to consider your application, as will having a record of steady salary income paid through a local bank. This has also been discussed extensively already on this board. Hope this gives you some preliminary help.

[dan2006]

Just bringing this thread back to life for another question.

If I am not a resident of Taiwan currently, can I still buy a property there? Canada is a reciprocal country with Taiwan for owing property.

I have read some articles online that say I need a resident ARC. There seems to be some alluding to this fact that an ARC is needed unless I am reading it wrong.

What I am looking to do is conduct the purchase in Taiwan, go back to Canada to close up affairs, and then at some point later move to Taiwan.

Does anyone know if an ARC is really required?