General Taiwan vs. everywhere else real estate discussion 2021 edition

[dan2006]

@slawa

For foreign nationals and companies, the tax rate on property sales would be 35 percent on any property held for more than two years

Am I reading this right? APRC holders are still considered foreign nationals so if we buy a house it appears we get hit with a more punitive tax rate than locals?

From the way it reads here, we would pay a 35% tax rate even if we hold the property over 2 years? Which means even if we held the property for a decade, it’s still a 35% tax rate, just for being a foreigner?