What do I need to know before retiring in Taiwan?
When we asked people what advice they would give someone preparing to move to Taiwan, they said...
"Expats considering retiring in Taiwan should be aware that the cost of living is relatively low compared to other countries, and that the healthcare system is well-developed and accessible. It is important to research the visa requirements for retirement in Taiwan, as well as the tax implications of living and working in the country. Additionally, expats should familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. Finally, expats should consider the availability of leisure activities and social networks in the area they plan to retire in," said another expat in Taiwan.
"Make friends. Keep yourself busy doing what you intend to do in Taiwan. If English is your first language, you might want to teach. There's good money in teaching kids or adults in language centers called bushibans or in one on ones. Enjoy the difference in culture," wrote a member who made the move to Taichung, Taiwan.
Connect
We are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
Click connect to have our partner contact you via e-mail and/or phone.
We are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Taiwan?
- How do I meet people in Taiwan?
- What is life like in Taiwan?
- Is there a lot of crime in Taiwan?
- Is there a lot of diversity? Are people in Taiwan accepting of differences?
- What are the schools in Taiwan like?
- Is the cost of living in Taiwan high?
- What advice do you have for expats having a baby in Taiwan?
- What are healthcare services like in Taiwan?
- Is the cost of living in Taiwan high?
- What type of recreational facilities are in Taiwan?
- What is the weather like in Taiwan?
- Are there good restaurants in Taiwan?
- Where will I buy groceries and do other shopping in Taiwan?
- What are the visa & residency requirements in Taiwan?
- Are healthcare and health insurance expensive in Taiwan?
- What do I need to know when buying property in Taiwan?
- Are foreigners allowed to own property in Taiwan?
- What appliances are typically included in a rental?
What do I need to know before retiring in Taiwan?
If you live in Taiwan, newcomers to Taiwan would love to hear your answer to this question.