Taipei 101

One of the tallest skyscrapers in the world. Visitors can enjoy the breathtaking panoramic view of city from Observatory Room at 88th floor. Taipei 101 also displays a spectacular firework event for new year countdown

Cherry Blossom

Sakura season at Taiwan usually begins in Spring, from February until March. During this time, a lot of people come to see and enjoy the beauty of cherry blossom in full bloom

Wind Power

Wind turbines, one of the main energy sources to generate electricity in Taiwan.

Yehliu Geopark

Located at the north coast of Taiwan, Yehliu Geopark is one of The National Scenic Areas. You can found a lot of unique-shaped rocks and the famous Queen's Head here.

Tuesday, November 20, 2012

Scholarship in Taiwan

Do you know, Taiwan has been offering a lot of scholarship programs for foreign students to pursue their further studies in Taiwan? Scholarship programs in Taiwan can be broadly classified into two, which are:

1. Scholarship offered by Taiwan government through Ministry of Education

Ministry of Education (MOE) doesn’t limit the university you want to attend. As far as it is located in Taiwan, you can choose any university you want and apply for MOE scholarship. Once you get the scholarship, you are the one who has responsibility to manage all the money, for example: paying for academic tuition to your university by yourself.

Until the end of 2011, MOE offers around NT$ 30,000 per month for those eligible students. By means, you will get around NT$ 360,000 within 1 year. Nice huh? But when I checked their website, they have revised the scholarship granting since January 2012.

For scholarship recipient, MOE offers up to NT$ 40,000 per semester (one academic year = 2 semesters) to pay all the tuition fee plus monthly stipend around NT$ 10,000 (for undergraduate student) to NT$ 20,000 (for postgraduate student). The amount is decreased from last year, but it is still huge compared to the scholarship offered by university. If your tuition fee per semester exceeds the amount they give to you, you have to cover the rest with your money.

You may face a tight competition to get MOE scholarship. MOE is really picky in terms of candidate’s academic achievement. Besides academic achievement screening, you have to pass their tough interview test too.

2. Scholarship offered by institution/ university

The amount of scholarship may vary between universities, locations, and degree you want to pursue. Most of the universities in Taiwan prefer to provide scholarship for postgraduate and doctoral students since their theses or dissertations would be beneficial for universities itself.

The selection process usually doesn’t require interview test (mostly, but depends on the university) so I would say it is easier to get than MOE scholarship (but it's still difficult though :)). The following public universities have a lot of international students because they have been keen on offering plenty of scholarships to foreign students:

 Rank
in Taiwan*
                           University
1th
3th
5th
7th
9th
15th
18th
48th
*source of university ranks: here

The higher the rank, the stricter the competition for getting the scholarship. Of course, the other universities besides those I've already mentioned above also offer scholarship programs, just check their website.

Usually, there are four kinds of scholarship package offered by institution (depends on the university you apply for):
  • 100% tuition waiver + monthly stipend
  • 100% tuition waiver + partial monthly stipend
  • 100% tuition waiver (only)
  • partial tuition waiver
Through candidate academic achievement screening, they can decide which type of scholarship package will be awarded to you. 

Notes:
  • From other experiences, it is nearly impossible to apply institutional scholarship as a backup if you fail in getting MOE scholarship. The reason is that deadline for accepting institutional scholarship usually  come earlier than the announcement of MOE scholarship award. In other word, after institution or university announce that you are eligible to get  the scholarship, they require you to confirm whether you want to accept or not. If you want to wait for MOE scholarship announcement, you will pass the date line. Moreover, if you have already accepted institutional scholarship, MOE scholarship won't be granted to you. 
  • Usually, scholarship award period is for one academic year. For the next academic year, if you want to extend your scholarship award, you have to maintain your grades. Never below the minimum requirement they asked for! You gonna need your professor (advisor) recommendation letter too, so maintain a good relationship with him/her :-)
  • From my experience, bring enough money with you when you first arrived in Taiwan to study (even you get the scholarship), because in many cases, the scholarship may come late. Mine came 3 months late at that time. For MOE scholarship recipient, make sure you bring enough money for covering the semester registration fee and living costs. For institutional scholarship recipient, make sure you bring enough money for covering living costs.
Good Luck!

Monday, November 5, 2012

Household Bills in Taiwan

Maybe some of you don't have any idea when you should pay household bills such as gas, electricity, or water in Taiwan. Well, those bills are billed every two months. The bills are usually sent via postal mail so you gonna check your mailbox regularly. For those who rent an apartment/ house in Taiwan, the due date of those bills may depends on the property owner.

1. Billed every two months

a. Gas Bill
You will receive gas bills every two months, usually for consumption period from 18th to 18th of the next two months. The due date is around 2th to 5th of the month. Taiwan government has been cooperating with several LPG companies to supply LPG for household need. We can’t choose LPG companies by ourselves, it is decided by government and our location. Because every household in different locations get LPG supply from different LPG companies so the due date may vary slightly between households.

b. Electricity Bill
Electricity bills come every two months too (every 60-63 days). Started from May 2012, electricity cost in Taiwan has been hiked by 17%. The electricity price rise is very disappointing for Taiwanese too. Many of small business owners feel it is very difficult to maintain their business nowadays.
You may receive high electricity bills if you are a heavy user of energy, especially in the summer. The rate for electricity usage per kWh in summer season is higher than in any other seasons. Turning on AC for 24 hours a day during summer is not recommended except your AC is kind of energy saving air conditioners.

c. Water Bill
You will receive water bills every two months (approximately every 60 days). The amount of water bill you have to pay depends on the two-month-usage of water. In my case, it costs around 400NTD to 650NTD for household with 2 persons.


Month
  Bill Categories
Due date
JanuaryGas bill
Electricity bill
# 5th January
# 13th January
FebruaryWater bill# 8th February
MarchGas bill
Electricity bill
# 5th March
# 16 March
AprilWater bill# 9th April
MayGas bill
Electricity bill
# 4th May**
# 17th May
JuneWater bill# 8th June
JulyGas bill
Electricity bill
# 4th July**
# 17th July
AugustWater bill# 8th August
SeptemberGas bill
Electricity bill
# 3th September**
# 18th September
OctoberWater bill# 8th October
NovemberGas bill
Electricity bill
# 3th November**
# 16th November
DecemberWater bill# 8th December
# = The due date for each year may slightly different from year to year, depends on the total number of days in a year. Estimated due date = minus(-)/plus(+) 3 days from  the due date presents on table above.
** = pay attention to bills which are due before 5th of the month, because it will be paid by previous month of salary. (In Taiwan, salary is paid on the fifth of each month.)


2. Billed every month

It is easier to remember household bills which are billed every month. Here is list of monthly household bills. For example:

  • Maintenance Fee: If you buy an apartment, you may have to pay monthly maintenance fee. The fee consists of monthly trash service cost (so you don’t need to wait and chase trash truck by yourself), security & safety fee (24 hours guard) and so on. The amount may vary depending on management of your apartment. It cost me around NTD$2.450 per month. However, if you rent an apartment or a room, the occurrence of maintenance cost depends on the property owner’s decision. 
  • Rent cost, occurs when you rent a room or an apartment.
  • Gasoline cost, occurs when you have vehicle(s)
  • Cell phone bill
  • The package of fixed line + TV cable fee. It costs me around NT$ 750-850 per month in total.
  • Home internet (ASDL) bill. It costs me around NT$ 209 per month.
  • etc.
Besides household bills, you may check taxes payment schedules in Taiwan here.
Hope you find it useful!


Friday, November 2, 2012

Schedule of Taxes Payment in a Year

I think Taiwan is a relatively high-tax country. In this post, I want to list all of the taxes we required to pay annually in Taiwan. By knowing all due dates on those taxes payment, we certainly can better manage our financial by putting aside a certain portion of monthly salary in advance to pay those taxes.

A. Schedule of Taxes Payment in a Year

Let's make several assumptions
Assumptions: 
1. You have a job in Taiwan
2. *You have one private scooter / motorbike
3. **You have one private car
4. ***You own an apartment/ house (not renting)
Based on above assumptions, your schedule of taxes payment in a year will be:
Month
  Tax Categories
Due date
January-No tax payment schedule. 
February-No tax payment schedule. 
March-No tax payment schedule. 
AprilLicense plate tax (scooter)*
License plate tax (car)**
30th April (per year)
30th April (per year)
MayIncome tax
Property (building) tax***
31th May (per year)
31th May (per year)
June-No tax payment schedule. 
JulyGasoline tax (scooter)*
Gasoline tax (car)**
31th July (per 2 years)
31th July (per year)
August-No tax payment schedule. 
September-No tax payment schedule. 
October-No tax payment schedule. 
NovemberLand tax***30th Nov (per year)
December-No tax payment schedule. 
That is how I keep note on my taxes payment each year. Did I miss something?

B. How to Calculate Taxes?


1. INCOME TAX
Income tax needs to be paid on May. If you have arrived in Taiwan for 183 days and more, then the standard income tax rate will be charged to you as shown by following table.
Annual Net Income (NT $)
Tax Rates
<370,000
6%
370,001 to 990,000
13%
990,001 to 1,980,000
21%
1,980,001 - 3,720,000
30%
>3,720,001
40%
If you haven't stayed in Taiwan for 183 days, you will be charged 18% of income tax rates, no matter what your level income is.

The 183 day counts begin on the second day you arrive in Taiwan (date of arrival written in your passport, exclude the first day), NOT from the date you get a job. For example: you arrived in Taiwan on March 30th, but you get your job in September, you will be taxed at standard rates (shown by table above), instead of 18% because from March 30th until December 31th, you will have been staying in Taiwan for more than 183 days.


2. PROPERTY TAX
Calculating property tax:
Current Value of Building  = Approved unit price  x Area x (1-rate of depreciation x  years of depreciation) x adjustment rate based on location classification x building floor sharing rate
Current value of building; Approved unit price = $
Area = m2
Years of depreciation = years
Rate of depreciation; Adjustment rate based on location classification; Building floor sharing rates = %
Property Tax  = Current value of building x applicable tax rates
Applicable tax rates are varies from 1.2% (for residential use), 2% (for non-residential and non-business use), and 3% (for business use).


3. LAND TAX
Calculating land tax:
Current assessed value = Land declared value x Area
Current assessed value; Land declared value = $
Area = m2
Land Tax  = 0.2% x Current assessed value

4. SCOOTER/ MOTORBIKE TAX
a. License Plate Tax, paid annually
Total Cylinder Displacement Volume
 License Plate Tax (per year)
<= 150 cc
NT$ 0
151 - 250 cc 
NT$ 800
251 - 500 cc
NT$ 1,620
501 - 600 cc
NT$ 2,160
601 - 1200 cc
NT$ 4,320
1201 - 1800 cc
NT$ 7,120
>1800 cc
NT$ 11,230
b. Gasoline Tax, paid per 2 years
   Piston Displacement     
Gasoline Tax (per 2 years)
<= 50 cc
NT$ 600
51 - 125 cc
NT$ 900
126 - 250 cc
NT$ 1,200
251 - 500 cc 
NT$ 1,800
501 - 600 cc
NT$ 2,400
601 - 1200 cc
NT$ 3,600
1201 - 1800 cc
NT$ 3,960

5. CAR TAX
a. License Plate Tax, paid annually
 Total Cylinder Displacement Volume
 License Plate Tax (per year)
< 500 cc
NT$ 1,620
501 - 600 cc
NT$ 2,160
601 - 1200 cc
NT$ 4,320
1201 - 1800 cc
NT$ 7,120
1801 - 2400 cc
NT$ 11,230
2401 - 3000 cc
NT$ 15,210
3001 - 4200 cc
NT$ 28,220
4201 - 5400 cc
NT$ 46,170
b. Gasoline Tax, paid annually
    Piston Displacement    
Gasoline Tax (per year)
251-500 cc
NT$ 2,160
501-600 cc
NT$ 2,880
601-1200 cc
NT$ 4,320
1201-1800 cc
NT$ 4,800
1801-2400 cc
NT$ 7,200
2401-3000 cc
NT$ 8,640
4201-4800 cc
NT$ 11,220
4801-5400 cc
NT$12,180

Besides taxes, you may check household bills payment schedules in Taiwan here.
Hope you find it useful!