Congrats! A little over a month - that’s pretty fast. Is it the norm? I’m about to submit my application.
My understanding is that 160K isn’t the minimum requirement. It’s only for a new card or renewal. According to this page the minimum requirement is NTD 47,971/month. However, since new GC holders may not be able to find a job initially, and may be between jobs anywhere in the duration of the card, I don’t know how in reality they are going to enforce the rule. From what I know, NTD 160K is high for local companies unless you work for a US or European company.
I don’t think that’s correct. I think the numbers in that link are referring to the minimum salaries for getting a work permit approved by the MOL, which shouldn’t be an issue here because gold card holders already have an open work permit and don’t need to work at all. Maybe @fifieldt can confirm?
That isn’t an official site btw. I think it was put together a couple of years ago by other gold card holders (not sure who).
Thanks for pointing that out. Good to know that there’s no salary requirements for maintaining the card. Is it correct that there is a salary requirement if you want to apply for APRC at the end of a 3 year GC? About 2x of minimum wage according to this post .
The National Immigration Agency shall revoke or terminate a person’s permanent residence permit and cancel their Alien Permanent Resident Certificate if they:…
1. [have] submitted false or untruthful information for [their] application…
I have heard of the use of deceptive deposits to get around the financial requirements over the years. I have never seen a case where this issue has come up but I believe it will soon enough. Arguably, the NIA could revoke an APRC on the basis stated above. The APRC holder could appeal, but I think it is likely that the courts would side with the NIA/MOI. Just because people have gotten away with something in Taiwan doesn’t mean that it is OK. They are just lucky.
A better alternative way to meet the financial requirement would be getting a
Certificate issued by the R.O.C. government certifying that its holder is a professional or technician or has passed a technical test
Taiwan has many kinds of vocational/technical/professional licenses/certificates. Some of the exams are even offered in English I believe. You do need to make sure that you are getting one that the NIA thinks will meet this requirement though.
“II. Evidence that the applicant has financial assets and real assets with a total value of five million NT dollars (NT$5,000,000) or more.”
I personally think this is too easy and they should change the rules, since this doesn’t filter out quality applicants if you allow GC holders to take a 3 year vacation and get a APRC.
Interesting. It doesn’t say that the NT$5,000,000 funds need to be held by a bank in Taiwan. Does this mean that if you show the funds in a US bank/brokerage account, it’ll also satisfy proof of financial assets?
I suppose the logic is that if someone is spending money he/she earned elsewhere in Taiwan, it’s still a good thing. I understand where you are coming from.
It has to be documentation accepted by NIA, such as a proof of real estate ownership in Taiwan under your name (tong ben), certificate of proof of funds from a Taiwan bank, company change registration showing a Taiwan company you have capital in, etc.
Could be that they also allow a balance in foreign currency then held in a foreign currency account of a Taiwanese bank. Then, one wouldn’t even need to change the money into NT$. But not sure.
I used this for naturalization in 1998 as I had no income in Taiwan even though I was a shareholder of a company. My ARC was stamped not allowed to work in Taiwan lol. It is only Taiwan based assets and finances. So yes you could move funds to Taiwan. But borrowing the funds to meet requirements are not allowed. Funds need normally to be unencumbered and not a loan.
Funny thing is that the NT$5 million amount has not changed since the 90’s lol.
Applied in November 2022, got approved in early January 2023. No issues at all during application process. All very smooth and going to the Taiwan rep office in my country a very pleasant experience. Had a half an hour chat with the Representative, who demonstrated genuine interest in my application and my motivations. Very happy.
Can somone give me some additional information regarding the NHI for gold card holders? I remember reading somewhere you can take 1 trip up to 30 days outside the country during your first 6 months to qualify. Trying to understand what my requirements are. I have my passport inspection coming up and I’ll be sure to ask the proper folk but I thought I’d ask here first. I have some business in other SE asian countries and may have a trip or two I need to take
