Best Residence by Investment Lawyers in Kaohsiung City

About Residence by Investment Law in Kaohsiung City, Taiwan

Residence by Investment (RBI) in Kaohsiung City, Taiwan, offers foreign nationals the opportunity to obtain residency by making significant financial investments into the local economy. This program is part of Taiwan's broader efforts to attract foreign capital and talent. The investment options typically include sectors like real estate, industrial enterprises, or government bonds. In return, investors and their families can enjoy the benefits of living and working in Taiwan while contributing to its economic growth.

Why You May Need a Lawyer

Engaging with the Residence by Investment program can be complex and involves navigating various legal and regulatory requirements. Here are some common situations where legal help may be needed:

1. **Understanding Eligibility Criteria:** A lawyer can help you determine if you meet the investment and residency requirements. 2. **Investment Approval Process:** Legal expertise is essential in ensuring your investment meets the standards set by Taiwanese authorities. 3. **Document Preparation and Submission:** Properly preparing and submitting required documents is vital for a successful application. 4. **Compliance with Local Laws:** A lawyer can assist in ensuring that your investment complies with local regulations. 5. **Dispute Resolution:** If any legal issues arise during or after the investment process, a lawyer can provide necessary representation.

Local Laws Overview

Several key aspects of local laws are particularly relevant to Residence by Investment in Kaohsiung City:

1. **Investment Requirements:** The minimum financial commitment differs based on the type of investment—real estate, business, or bonds. 2. **Residency Criteria:** Investors must fulfill certain residency obligations, such as spending a specified minimum number of days in Taiwan annually. 3. **Taxation:** Understanding Taiwan's taxation laws is crucial, as they will affect your income and investments. 4. **Property Ownership:** There are specific laws governing property acquisition by foreign nationals. 5. **Business Regulations:** If you are investing in a business, compliance with Taiwanese business laws is mandatory.

Frequently Asked Questions

1. What is the minimum investment required for Residence by Investment in Kaohsiung?

The minimum investment varies depending on the type of investment but generally starts from around NT$10 million.

2. Can my family members also obtain residency under this program?

Yes, typically immediate family members such as spouses and dependent children can also gain residency through your investment.

3. How long does the application process take?

The processing time may vary but usually takes between 6 to 12 months.

4. Are there any language requirements for Residence by Investment?

Currently, there are no mandatory language requirements for this program.

5. Do I need to reside in Taiwan for a specific period annually?

Yes, investors are usually required to spend a certain number of days each year in Taiwan, often around 183 days.

6. Is it possible to obtain permanent residency through this program?

Yes, after maintaining your investment and fulfilling the residency requirements for a certain period, you may be eligible for permanent residency.

7. Are my overseas income and assets subject to Taiwanese tax?

Generally, only the income earned in Taiwan is subject to local taxes, but it is essential to consult a tax advisor for comprehensive guidance.

8. Can I work in Taiwan with a residency obtained through investment?

Yes, residency through investment usually allows you to work in Taiwan.

9. What types of investments qualify for the program?

Qualifying investments typically include real estate, government bonds, and certain types of business investments.

10. What happens if my investment fails?

If your investment fails to meet the required conditions, your residency status might be jeopardized. Legal advice can help mitigate such risks.

Additional Resources

Here are some useful resources and organizations related to Residence by Investment in Kaohsiung City, Taiwan:

1. **Taiwan Ministry of Economic Affairs:** Provides guidelines and regulations for foreign investments. 2. **Investment Commission of the Ministry of Economic Affairs:** Offers support and information for investors. 3. **Kaohsiung City Government:** Local regulations and resources. 4. **Legal Firms Specializing in Immigration Law:** Professional legal assistance in navigating the RBI process.

Next Steps

If you need legal assistance in Residence by Investment, consider the following steps:

1. **Consult a Qualified Lawyer:** Look for a legal advisory firm with expertise in Taiwanese immigration and investment laws. 2. **Prepare Necessary Documentation:** Gather all required documents to speed up the process. 3. **Understand Your Investment Options:** Work with financial advisors to ensure you meet the investment criteria. 4. **Stay Informed of Regulatory Changes:** Keep abreast of any changes in the law that might affect your residency status. 5. **Contact Relevant Authorities:** Reach out to the Ministry of Economic Affairs or the Kaohsiung City Government for official guidance.