Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
Required Documents for Signing a Lease
Typical documents required to sign a lease are a valid passport and proof of employment.
Standard Security Deposit
The security deposit is equivalent to 2 months rent.
Local Norm for Returning the Security Deposit
The security deposit is refunded after inspection of the property and all utilities have been paid. This typically takes approximately one month.
Rental Commission
Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission equal to 1 months’ rent.
Payment of Rental Commission
The agent’s rental commission is typically paid by the tenant.
Accepted Method of Payment
Wire transfer or cash in local currency (TWD) are acceptable methods of payment.
School Fees
Typical school fees include:
• Application fee – around 10,000 YWD per child.
• Registration fee – around 50,000 per child, per semester. This cost varies depending on the school of choice.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
Requirements
Depending on nationality, you may or may not be eligible for automatic conversion to a Taiwan license. This depends on whether the origin country had a reciprocity with Taiwan. If eligible, you may be required to provide the following:
• Original passport beating entrance date within the past year
• ARC with validity of one year
• Driver’s license to be endorsed by the consulate in Taiwan or origin country.
• 2 passport sized photos
• Original driver’s license
• Medical exam
If not eligible for automatic conversion, the documents that may be required to apply for an international driver’s license are:
• Original passport.
• ARC.
• 1 passport sized photo.
• Original driver’s license.
Additional Notes
Ability to convert to Taiwan driver’s license differs from country to country. The majority of countries cannot convert to aTaiwan license. It is advised to obtain an International driver’s license prior to arrival if there is a need to drive in Taiwan.
Required Documents
In order to open a bank account, you may be asked for:
• Valid Passport
• Original ARC
• Application form
Time Required
Typically, opening a bank account can be completed same day.
Additional Notes
Some banks may require a minimum deposit of around 1000 NTD.