This is another one of those things I don’t know anything about. But there has been some discussion of this subject on the bulletin board, although I’m not sure whether it will help the original poster:
My wife and I have been here for two years. She and our two Children are Taiwan ID holders and I hold a spousal ARC. My wife does not work, and now she wants to start her own business. She cannot get one without proof of income, and for some reason my income cannot be considered for a loan for her. I have been told by several banks that I cannot get a loan because I am only a Spousal ARC holder. The reason the banks gave us was that banks cannot enforce the local banking laws on a foreigner if o…
Seems like I’m a few months away from striking out on my own and I’m brainstorming my options for financing. I’d like to hear what others have used and go over some of my own ideas with pros and cons.
Savings
Pro:
-In control
-No how much money you have available
Con:
-Sacrifice some peace of mind
-If you lose it you lose it all
Credit Cards
Pro:
-Easy money
-Lots of it
Con:
-It’s all in US $
-Getting it into Taiwan without going to the US
-Interest rates
Family
Pro:
-Low inter…
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