I tried to invest in the Taiwan stock market under my A.R.C. But when I checked it out with a local brokerage I was told my A.R.C was some kind of “waijinchiu…” ARC which meant I had to have a security account here with collateral in it and then pay a local bank a monthly fee to guarantee the investment. Basically a kind of letter of credit agreement. But if I had another type of ARC I would have been okay to invest normally like any ROC ID holder…
This all proved so much trouble that now it’s under my Taiwanese girlfriend’s name…a rather risky investment!!
Is there any easier way for a foreigner to invest individually in the Taiwan stock market? And is it true there is more than one type of ARC?
Secondly I got stock options through the Taiwanese company I work for through the annual employee share bonus, but it was claimed they couldn’t give them officialy to me so I had to arrange for those stock options to be paid to a colleague’s account…Is there any way for an ARC holder to get stock options directly?
Thanks very much in advance,