Foreign talent revisions take effect
Courtesy of ICRT
The National Development Council has revised regulations on work, residence and tax concessions designed to attract foreign professionals to live and work and Taiwan.
The amendments to the Act for the Recruitment and Employment of Foreign Professionals in part expand the definition of professional fields and occupations eligible for the incentives.
Beyond the eight professional fields covered in the original act, it now includes national defence and other fields identified by competent authorities, and additional occupations include teachers for children of foreign professionals and experimental education.
And the revisions allow professionals in a specialized or technical field with a master's degree or above or who have graduated from a top college to no longer need two years of outside work experience to work in Taiwan, except where restricted by law.
And the changes will also shorten the time foreign professionals need to get permanent residency to three years from the previous five years, and those three years can be further reduced if a person spends one-to-two years in Taiwan studying for a master's or PhD degree.