The number of Hong Kong and Macau residents who have registered residency in Taiwan has increased by 15% year-on-year to 11,009, with the pro-democracy movement in Hong Kong appearing to add to the trend, according to the Taipei Times.
Some 2,774 of these residents from both Special Administrative Regions live in New Taipei City, while 2,418 of them live in Taipei, according to the lead researcher, Mandy Lang, of Great Home Realty Co., citing statistics from Taiwan’s Ministry of the Interior.
The recorded increase was also attributable to Hong Kong and Macau residents who have studied and worked in Taiwan for several years and have since opted to stay in the region.
The investment requirements for people from Hong Kong and Macau seeking to immigrate to Taiwan is significantly lower than for residents of other nationalities.
Residents from both SARs are only required to make an investment in a company of NTD6 million (1.6 million patacas). Other nationalities are obliged to make an investment of nearly NTD15 million.
Lang said that New Taipei City topped the list of areas to settle in, followed by Taipei, Taoyuan, Taichung, Kaohsiung and Tainan, which is likely due to its job market advantages. LV
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