Taiwan plans to increase validity of digital nomad visa from 6 months to two years. Cabinet has already approved the extension of Taiwan digital nomad visa to attract top talent from around the world . The visa extension is to overcome the shortage of skilled and qualified workers by 2028.
Existing Validity of Taiwan Digital Nomad Visa
Currently, the Taiwan digital nomad visa allows freelancers and remote workers to get a three-month residence permit with a one-time renewal of another three months. The extension of the Taiwan DNV program is to welcome 100,000 digital nomads and retain 10,000 of them as long-term residents in Taiwan.
Taiwan Digital Nomad Visa Income Requirements
The income requirement for Taiwan digital nomad visa includes annual earnings of $20,000 or more from freelance or remote work for people aged 20 to 29. The income requirement for 30 and above is $40,000. To prove financial stability, digital nomads seeking Taiwan residency must show an average bank balance of at least $10,000 or more.
Taiwan Digital Nomad Visa Requirements
Taiwan digital nomad visa seekers must go throw the following process to meet the requirements:
1. Digital Nomad Visa Application Submission
Submit the visa application through Taiwan’s official online system. After completing the form, print and sign it before submission.
2. Recent Passport-Size Photographs
Provide fresh passport size color photographs taken within last 6 months with white background.
3. Valid Passport
Digital nomad visa seekers should have a passport with 6 months validity when applying for a digital nomad visa.
4. Proof of Remote Work
You must prove your remote work via documentation supported by a resume, portfolio of digital work along with detailing about academic qualifications. An experience letter from current employer for remote work or contracts with existing clients can serve as proof. You should also provide a brief activity plan explaining your goals and activities while staying in Taiwan.
5. Proof of Financial Eligibility
You must meet one of the following financial criteria:
Applicants aged 30 and above: Show proof of earnings at least US$40,000 in any one of the past two years
Applicants aged 20 to 29: Show proof of income of at least US$20,000 in any one of the past two years
Alternatively: Provide evidence that you currently hold a digital nomad visa from another country
6. Bank Statements
Your bank statement should show an average monthly balance of $10,000 USD or more for last 6 months.
7. International Health Insurance
Medical insurance should cover the hospitalization and medical expenses during your stay in Taiwan.
The Highs of Taiwan Digital Nomad Visa
- Low and easy financial requirements (Portugal digital nomad visa income requirement is €3480 monthly for main applicant)
- Positive and genuine intent of government to welcome digital nomads
The Lows of Taiwan Digital Nomad Visa
- Short stay duration of six months only (if approved, will extend to 2 years)
- Restricted to visa-exempt countries only for Taiwan (67 countries are visa exempt for Taiwan)