Article DetailsFinancial requirements for citizenship In Taiwan |
| Date Added: November 12, 2008 07:50:17 AM |
| Author: |
| Category: Living In Taiwan |
| The legal requirement in the Nationality Act can be found in Article 3 which states: 4.He/She has enough property or professional skills for his/her self-support or ensuring his/her living. The practical requirements are specified in the Enforcement Rules of the Nationality Act in Article 7. The financial requirements are relative to the "Basic Wage" which is currently set at $17,280. (This is the minimum monthly salary for a full time employee.) The rules are different depending on if you are a foreign spouse or not: Foreign Spouse Requirements wrote: 1. A person who applies for naturalization or restoration of nationality because he/she is the spouse of an ROC citizen shall conform to any of the following provisions: (1) His/her average monthly income earned within the ROC in the past year is more than double the basic wage as promulgated by the Council of Labour Affairs, Executive Yuan; (currently $34,560) (2) His/her deposits in a domestic financial institution over the last year is more than 24 times the basic wage as promulgated by the Council of Labour Affairs, Executive Yuan; (currently $414,720) (3) Other requirements as recognized by the MOI. Requirements for Others wrote: 2. A person who applies for naturalization or restoration of nationality under any circumstance other than prescribed in the preceding Subparagraph shall conform to any of the following provisions: (1) His/her average monthly income earned within the ROC in the past year is more than double the basic wage as promulgated by the Council of Labour Affairs, Executive Yuan; (currently $34,560) (2) His/her total value of property, movable or immovable, is greater than NT$5 million; (3) He/she is a skilled employee in a high-tech industry required by the ROC as prescribed in Subparagraph 2, Paragraph Three, Article 23 of the Entry & Exit and Migration Act, and thus is permitted to reside permanently in the ROC; (4) Other requirements as recognized by the MOI. Proving your income is fairly straightforward: In order to prove income ... the applicant may submit deduction bills and deduction exemption vouchers, tax payment certificates and other related evidential documents from the past year. Also for those with an ROC spouse or parent(s) you can include their income or property: The calculation of the amount [of income, savings, or property] shall include the income or property of the applicant’s spouse or parent(s) in the ROC. The "Other requirements as recognized by the MOI" clause means that the MOI has the discretion to determine what requirements are required to prove you can be self-supporting. |