How can a foreigner acquire rights or interests in land in Taiwan, R.O.C.?
(1) Requirements: When a foreigner is acquiring the rights or interests in land in the Republic of China, Chinese citizens, according to the reciprocal treaties or their own laws, shall be permitted the same rights or interests in land in his/her country. (Article 18, Land Act)
(2) Types of Land: Land for forestry, aquaculture, hunting reserves, salt plants, mineral deposits exploitation, water resources, military base and areas, and land adjacent to the national frontiers shall not be transferred to, used as collateral by, or leased to foreigners. (Article 17, Land Act)
(3) Usage of Land: The usage of land leased or purchased by foreigners is limited for residences, business sites, office buildings, shops, factories, churches, hospitals, schools for children of foreigners, diplomatic and counselor buildings, buildings of organizations for the promotion of public welfare, and cemeteries. In addition, foreigners may be allowed to acquire land for investments helpful or useful in major infrastructure projects, overall economic development, or agricultural and animal husbandry industries that are approved by the government authorities concerned.(Article 19, Land Act)
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