It is not “Taiwan” that is discriminating, it is specific banks that make business decisions based on their own assessments of risks and potential profits. And that is the same everywhere in the world. Being a legal resident here or in another country is irrelevant.[/quote]
Agreed, it is not Taiwan that is discriminating. It is the specific banks that make [strike]business decisions[/strike] discriminatory decisions based on their own [strike]assessments of risks and potential profits[/strike] prejudiced opinions of foreigners (sorry had to do that )
It is not up to the government to make laws/ rules as to how banks have to give credit to foreigners - banks are free to give or deny credit to anybody (citizens and foreigners alike) as they please. On the other hand we are free to take our business to banks that offer us what we want/ need.[/quote]
It is up to the government to make rules if the reasons for not issuing credit are blatantly discriminatory. It would be OK if they fed our info into the computer as a local and it comes up either yes or no, but if banks think it is their right to immediately trash a foreigners application or reach for the guarantor form, they need to be forced to stop that practice. Again, I am not against there being a higher standard, but systematically declining legal residents needs to be illegal. And believe me, they do not decline locals. Anyone with a pulse is being hawked at store entrances everywhere in Taiwan. Have some fun and reach for the application if you are a foreigner though and see the reaction. I bet even Satellite TV himself would get the application yanked back if he went for it.
If what we want/ need is not available in a given market, then tought luck: the world does not owe us equal treatment in all markets.
On the other hand, many things become possible through negotiation - whether in Taiwan or elsewhere…
The bottom line is: get to know the language and the culture and you’ll find ways where at first you see barriers. [/quote]
If what is not available in a given market is not available due to discrimination, then we as residents need to make a big stink about it. Again, equal treatment perhaps not exactly, but fair treatment.
Your last sentence is very good though about negotiation. As I stated before, there are some banks out there willing to take the risk. You just need to convince them of that. That’s where “skillz” comes in.