1. What is the process of obtaining citizenship by investment in Taiwan?

The process of obtaining citizenship by investment in Taiwan is as follows:

1. Determine eligibility: The first step is to determine if you are eligible to apply for citizenship by investment in Taiwan. You must meet certain requirements, such as having a certain net worth and making a significant investment in Taiwan.

2. Choose an approved investment option: Taiwan offers several approved investment options for citizenship, including real estate, government bonds, and corporate investments. You must choose one option that meets your financial capabilities and goals.

3. Prepare necessary documents: You will need to gather and prepare all the necessary documents, such as passport copies, bank statements, and proof of source of funds. These documents will be used to support your application for citizenship.

4. Submit application: Once you have gathered all the required documents, you can submit your application to the Taiwan Investment Commission (TIC). The TIC is responsible for evaluating and approving citizenship by investment applications.

5. Wait for processing: The processing time for citizenship by investment applications in Taiwan may vary, but it typically takes around 6-8 months.

6. Complete background check and interviews: As part of the application process, you may be required to undergo a background check and attend interviews with immigration officials to verify your information and intentions for obtaining Taiwanese citizenship.

7. Receive approval letter: If your application is successful, you will receive an approval letter from the TIC granting you Taiwanese citizenship by investment.

8. Make required investments: After receiving approval, you must make the required investments within a set period of time. This could include purchasing real estate or investing in other approved projects.

9. Obtain Taiwanese ID card: Once your investments have been verified, you will receive a Taiwanese ID card that certifies your citizenship in the country.

10. Renounce previous citizenship (optional): If you wish to renounce your previous citizenship in order to fully become a citizen of Taiwan, you can do so at this point. However, Taiwan also allows dual citizenship for certain countries.

2. What are the investment options for obtaining citizenship in Taiwan?

The investment options for obtaining citizenship in Taiwan include:

1. Real estate investment: This option requires investing at least NT$30 million (approximately US$1 million) in real estate in Taiwan. The property must be held for at least 3 years.

2. Government bond investment: You can invest at least NT$6 million (approximately US$200,000) in government bonds issued by the Ministry of Finance and hold them for a period of 5 years or more.

3. Investment in approved businesses/enterprises: You can invest a minimum of NT$15 million (approximately US$500,000) in an approved Taiwanese business or enterprise and hold the investment for at least 3 years.

4. Investment in domestic enterprises: You can also invest a minimum of NT$5 million (approximately US$170,000) in a domestic enterprise listed on the Taiwan Stock Exchange or GreTai Securities Market and maintain the investment for at least 3 years.

5. Investment in innovative startups: If you have invested a minimum of NT$50 million (approximately US$1.7 million) within the last 3 years into an innovative startup registered and operated in Taiwan, you may be eligible to apply for citizenship.

It is important to note that all investments must be made with legitimate funds from legal sources, and applicants must provide evidence of the source of their funds. Additionally, all investments must remain active during the holding period to maintain eligibility for citizenship.

2. What are the main benefits of obtaining citizenship through investment in Taiwan?

Obtaining citizenship through investment in Taiwan offers the following benefits:

1) Visa-free travel: Taiwanese citizenship grants access to visa-free or visa-on-arrival travel to over 160 countries, including the Schengen Area and the United States.

2) Stability and security: As a politically stable country with a strong economy, Taiwan offers a safe and secure environment for individuals and families.

3) Education opportunities: Taiwanese citizens have access to a quality education system with world-renowned universities and higher education institutions.

4) Universal healthcare: Taiwan has a comprehensive healthcare system that is accessible and affordable for all citizens.

5) Business opportunities: Investors can benefit from Taiwan’s thriving economy, business-friendly policies, and robust trade relationships with other countries.

6) Right to vote and participate in political processes: Citizenship allows individuals to fully engage in the democratic process of Taiwan by voting in elections and running for public office.

7) Dual citizenship: Taiwan permits dual citizenship, which means individuals can retain their original nationality while also holding Taiwanese citizenship.

8) Family reunification: Citizenship allows for family members to join the investor in Taiwan without additional immigration requirements.

9) Long-term residency rights: With citizenship, there are no limits on how long an individual can live in Taiwan. This provides peace of mind for those looking to retire or establish long-term roots.

3. How much is the minimum required investment for citizenship in Taiwan?

The minimum required investment for citizenship in Taiwan is currently NT$6 million (approx. US$200,000). This includes investment in a business, real estate, or government bonds.

4. Are there any residency requirements for citizenship through investment in Taiwan?

Yes, there are residency requirements for citizenship through investment in Taiwan. Applicants must have lived in Taiwan for at least 183 days each year for the past five years before they can apply for citizenship through investment. They must also have continuously resided in Taiwan for more than 270 days each year during the previous three years. Alternatively, applicants can also qualify if they have resided in Taiwan continuously for at least 12 years.

5. What types of investments are accepted for citizenship in Taiwan?

According to the Taiwan National Immigration Agency, there are four types of investments that are accepted for citizenship:

1. Investment in a Business Enterprise: An individual can apply for citizenship based on investment in a new or existing business enterprise in Taiwan. The investment must be at least NT$6 million (approximately US$200,000) and the business must be able to provide a certain number of jobs or maintain a certain amount of tax revenues.

2. Financial Investment: An individual can also apply for citizenship by making financial investments in Taiwan, such as purchasing stocks, bonds or other securities issued by a legal entity.

3. Real Estate Investment: Owning real estate property in Taiwan worth at least NT$15 million (approximately US$500,000) also qualifies for citizenship application.

4. Investment in Agricultural or Fishery Industry: Individuals who invest at least NT$20 million (approximately US $666,600) in agricultural or fishery industries can also apply for citizenship.

It is important to note that these investments must be made with legally obtained funds and must not involve any criminal activity. Additionally, individuals applying for citizenship through investment must have resided in Taiwan continuously for at least one year prior to their application.

6. Is dual citizenship allowed in Taiwan?

Yes, dual citizenship is allowed in Taiwan. However, this is only available for certain situations and must be approved by the Taiwanese government. For example, Taiwan recognizes dual nationality for children born to parents of different nationalities, individuals who naturalize as a Taiwanese citizen but wish to retain their original citizenship, and individuals who acquire Taiwanese citizenship through marriage.

Dual citizens in Taiwan are subject to all rights and responsibilities of both nationalities. They are required to enter the country with a valid Taiwanese passport and declare themselves as a Taiwanese citizen at entry or exit ports when entering or leaving the country.

It is important to note that while Taiwan allows dual citizenship for some cases, not all countries recognize it. Therefore, it is important for individuals to check with their home country’s laws and regulations regarding dual citizenship before applying for Taiwanese citizenship.

7. Are there any language or cultural requirements for obtaining citizenship through investment in Taiwan?

Yes, there are certain language and cultural requirements for obtaining citizenship through investment in Taiwan. Applicants must have a basic understanding of the Taiwanese language and culture and be able to demonstrate this during the naturalization process. This may include passing a language proficiency test or participating in cultural activities or education programs.

8. Do I need to have a job offer or business plan to qualify for citizenship by investment in Taiwan?

Yes, applicants for citizenship by investment in Taiwan are required to have either a job offer from a Taiwanese company or a business plan showing their intention to invest in the country. This is to ensure that the applicant will contribute to the local economy and society.

9. Can my family members also obtain citizenship through my investment in Taiwan?

Yes, your family members, including your spouse and minor children, can obtain citizenship through your investment in Taiwan. They will need to meet the same eligibility requirements and follow the same application process as you.

10. What is the timeline for obtaining citizenship by investment in Taiwan?

The timeline for obtaining citizenship by investment in Taiwan can vary depending on individual circumstances. Generally, the process may take around 1-2 years from submission of the application to approval and issuance of citizenship documents. This can be affected by factors such as the completion of all necessary documentation and background checks, processing times at different government agencies, and any additional requirements or review processes. It is recommended to consult with immigration professionals for a better estimate tailored to your specific case.

11. Can I invest in any industry or sector for citizenship purposes in Taiwan?

No, there are specific targeted industries and sectors that foreigners can invest in for the purpose of obtaining citizenship in Taiwan. These include high-tech industries, biotech industries, cultural and creative industries, green energy industries, national defense industry and other approved industries as designated by the government.

12. Is there a limit on the number of people granted citizenship by investment each year in Taiwan?

There is currently no limit on the number of people who can be granted citizenship by investment in Taiwan each year. However, applications are reviewed on a case-by-case basis and must meet the eligibility requirements set by the government.

13. What level of due diligence is conducted when applying for citizenship through investment in Taiwan?

The level of due diligence conducted when applying for citizenship through investment in Taiwan includes background checks, financial disclosures and verification, criminal record checks, and interviews with relevant government authorities. The exact requirements may vary depending on the individual’s situation and the type of investment being made. In general, the Taiwanese government places a high emphasis on ensuring the legitimacy and credibility of applicants for citizenship by investment.

14. Are children born to citizens through investment automatically granted citizenship?

No, children born to citizens through investment are not automatically granted citizenship. Citizenship laws vary by country and typically require that at least one parent be a citizen or the child is born within the territory of the country to be eligible for citizenship. Investment may qualify an individual for a visa or temporary residency status, but does not automatically grant citizenship to their children.

15. Are there any restrictions on which countries can apply for citizenship by investment in Taiwan?

Yes, there are certain restrictions on which countries can apply for citizenship by investment in Taiwan. Only citizens from countries that have diplomatic relations with Taiwan are eligible to apply for such programs. Additionally, applicants must have a clean criminal record and be in good health.

16. Does receiving citizenship through investment grant me voting rights and access to government services?

Yes, receiving citizenship through investment typically grants you voting rights and access to government services. However, these rights and access may vary based on the country’s specific laws and regulations. It is important to research the specific details of citizenship through investment programs in each individual country to understand what rights and access are granted.

17. Is it possible to lose my newly acquired citizen status if I fail to maintain my initial investment?

It is possible to lose your citizenship if you fail to maintain your initial investment. Each country has its own specific rules and requirements for maintaining citizenship, and it is important to carefully follow these guidelines. If you fail to meet the required conditions, such as keeping your investment active or meeting the required residency period, your citizenship status may be revoked. It is important to thoroughly research the requirements and responsibilities associated with acquiring and maintaining citizenship before making any investment or commitment.

18. Can I include dependents such as parents or siblings on my application for citizenship by investment in Taiwan?

No, Taiwan citizenship by investment only applies to the applicant and their spouse and minor children (under the age of 20). Parents or siblings cannot be included on the application.

19. Does holding another passport affect my eligibility for gaining full citizen status through investing in Taiwan?

Holding another passport should not affect your eligibility to gain full citizen status through investing in Taiwan. However, you must still meet all other eligibility requirements, such as the minimum investment amount and source of funds criteria. Additionally, if you do hold another citizenship, you will be subject to any applicable dual nationality laws or regulations in Taiwan. It is recommended that you consult with an immigration lawyer for specific guidance on your individual case.

20. Are there any tax implications associated with gaining economic residency and/or full nationality through investing in Taiwan?

Yes, there may be tax implications associated with gaining economic residency and/or full nationality through investment in Taiwan. It is important to consult with a tax advisor or accountant to understand the specific tax laws and regulations that may apply to your situation. Additionally, different types of investments may have different tax implications. For example, investing in real estate may have different tax implications compared to investing in a business or stocks.