Moving to Taiwan
Are you considering moving to Taiwan? If you are looking for information on the area, and help with your move to state then allow us to guide you. We will provide you with up to 10 free and personalised quotes from top experienced international movers who will safely transport your possessions from door to door, internationally.
Located in the Western Pacific, off the South East coast of the People’s Republic of China, Taiwan is a country formed from a group of islands, with a mostly tropical climate.
Infrastructure / Job Prospects
Whether you are looking at moving to Taiwan to work, or retire, you will be interested in the Taiwanese economy. The government has achieved amazing growth of around 8% a year over a period of thirty years, known as the Taiwanese Miracle. Both inflation and unemployment are under control and the country has a strong economy internationally.
The largest sector of the economy by GDP is the service sector, which accounts for nearly 75% of GDP. The sector is dominated by the technology industry, and it is one of the worlds largest computer and electronics designers and manufacturers, producing LCD Panel displays, Silicon Chips, computer networking equipment and consumer electronics goods.
Taiwan has a unique corporate ethos. Rather than encouraging large companies, the Taiwanese prefer to split a company into seperate, smaller companies if it they consider it has become too large. This strategy allows Taiwanese companies to remain highly flexible and enables an incredibly fast response to customer requirements. Partly due to this continued efficiency, there is a continual flow of business moving to Taiwan. The country, which controls the design of components is increasingly moving the manufacturing end of the production process to mainland China, where a growing number of Taiwanese live and work in the Taiwanese owned factories.
The retail sector of the economy continues to grow as the country reaps the rewards of its labor. The demand for high-end designer goods imported from the West is increasing, and the architecture of the city of Taipei is a product of its recent economic success.
The city of Taipei, the capital of Taiwan, and the largest city in the country, is home to some of the worlds most impressive buildings, including Taipei 101, currently the world’s tallest building, with 101 floors and a height of 508 meters!
Taiwan’s agriculture sector, which used to dominate the economy now accounts for less than 3% of GDP, mainly in rice, sugar and vegetables.
Around 3 million people visit Taiwan each year, and the government is trying to increase tourism to its many destinations. The country offers not only the urban, with shopping in Taipei in the many malls, including in the Taipei 101 building, but also large areas of mountainous countryside, and outdoor activities to rival any country. In addition to the mainland there are many beautiful outlying islands, like turtle island, so called due to its shape (like a turtle lying in the ocean) where wildlife thrives in an unspoilt environment.
The government is attempting to ensure Taiwan’s strong economic position in the world in the future by diversifying its export market (it is currently trying to grow its European market) and developing its service sector even further, as China and other Asian countries gain shares of its more labor-intensive production work.
Living cost and Taxes
Rent in the capital city of Taipei is relatively cheap, at around $10 per square meter.
Income tax ranges from 6% to 40% and exemptions for around $12,000 are available.
Taiwan, as you might expect from a large exporter, has several major ports, of which Kaohsiung Port is the largest. A commercial port, dealing with containerized cargo, it is one of the largest container ports in the world.
Taiwan has three international airports, of which the largest is Taiwan Taoyuan International Airport (TPE) located near to Taipei. The airport deals with around 23 million passengers a year, and serves routes to Tokyo, Osaka, Hong Kong, Singapore, Seoul, Hanoi, Bangkok, Phuket, Kuala Lumpur in Asia, London, Amsterdam, Frankfurt, Rome, Vienna in Europe, and in the US the cities of Los Anglese, Detroit, San Francisco, New York, Seattle and Chicago.
The second largest airport in Taiwan, Kaohsiung International Airport (KHH) serves over 7 million passengers a year travelling to local and International destinations, mostly in Asia.
Important Cities and Population Density
The country has a total population of around 23 million people. Most of the population live on the main island. Taipei is the largest city in Taiwan with a population of over 2.5 million in the city proper, and 10 million in the metro area. The city has a density of over 25,000 people per square mile.
The section of the Sun Yat-sen freeway running between Neihu in Taipei and Hsinchu could be called Silicon highway. It is the backbone of Taiwan’s industry. Running along the western coast of Taiwan it is home to some of the largest back-end providers of technical goods, the anonymous factories and design firms which provide a large percentage of the world’s LCD panels, Notebooks and computer chips, including Taiwan Semiconductor Manufacturing Co. the world’s largest computer chip manufacturer.
Taiwan has an unusual position on the world stage, being crucial to the world economy, whilst being known best for its long running dispute with China. A large number of countries with whom it trades do not officially recognise Taiwan as existing independently of China! Currently only 24 countries recognise Taiwan as an independent country, the rest recognise it merely as a territory of China. It is a complex situation and the official titles of Taiwan (Republic of China) and The Peoples Republic of China, of the respective countries do nothing to help the confusion.
Taiwan has an incredible array of wildlife, and about 20% of Taiwan’s 18,500 species of wildlife are either endangered or rare.
The population of Taiwan, historically, has been almost entirely of Chinese ethnicity, but this is changing, with around 1 in 5 marriages now being to a foreigner. This is likely to significantly increase the diversity of the population in the future, particularly as Taiwan alters its immigration policy to allow more foreign skilled workers and investors to obtain residency in the country.
If you are looking to move to Taiwan, we would like to recommend that you fill out the free estimate form. This will allow you to specify details of the possessions you are looking to take with you when you move. We are able to offer you up to ten free, personalised quotes from pre-screened international moving companies.