Here is a list of other Taiwan Blogs that we think are of note, as well as our list of blog lists (bloggoramma), and vlogs. We will keep this updated as best we can. If you feel that you should be on this list, please let us know.
Foreward: This blog has taken me countless hours over a few years to compile, so if you want to share the information or photos in this blog, please provide a link and proper citation back to this web page.
The New Taiwan Dollar is the national currency of Taiwan (ROC), and it includes five main bills and five main coins that are currently in circulation. It is one of the sure signs that Taiwan is a free and independent nation.
Have you ever wondered what the meaning or significance of the designs on these bills? Well in this blog we will explore these in depth.
Old Taiwan Dollar: Ever wonder what happened to the old Taiwan Dollar? It was the official currency of Taiwan after 1945, replacing the Japanese Yen that had previously been used at roughly the same price. It was discontinued in 1949 due to hyperinflation that hit China after WWII due to the Chinese Civil War, which also affected Taiwan and the Taiwan Dollar.
To help solve hyperinflation, the New Taiwan Dollar was created June 15, 1949 as the official currency of Taiwan, after the ROC lost the Chinese Civil War and retreated to Taiwan. The currency was valued as 1 New Taiwan Dollar to 40,000 Taiwan Dollars.
New Taiwan Dollar Beginnings: The New Taiwan Dollar currency was adopted as the official currency of the Republic of China only in 1961. Before that, Kinmen and Matsu had their own special currency notes, which have been discontinued.
In 2001, the New Taiwan Dollar currency stopped being printed at the Bank of Taiwan, and is now printed at Taiwan's Central Bank.
The New Taiwan Dollar bills and coins have gone through many changes over the years, but most of them have included either Chiang Kai-shek or Sun Yat-sen on the face of the notes. After 1976 until 2001, most notes were either 10 NT, 100 NT, 500 NT, and 1000 NT. From then until now, there have been five generations or series of notes and coins. This blog will focus on the current fifth series. For a full list of historical notes, click here.
Previous Versions: Before the year 2000, prior generations of bank notes were easily copied, as they lacked special marking and printing techniques. Counterfeit bills were often used in night markets and vegetable markets because they would not be scrutinized for their authenticity. In addition, former bills were less durable and could be ruined even if just put through a washing machine cycle.
Also the fourth generation of bills(which began circulation in 1982) did not include a 20 NT coin or a 200 or 2000 NT bill; and people normally only used 1 NT, 5 NT, 10 NT, 50 NT, 100 NT, 500 NT, and 1000 NT. Because this was not very long ago, part of the reason the 20 NT, 200 NT, and 2000 NT are not widely used is because people are still used to using only 10 NT, 100 NT, 500 NT and 1000 NT.
Current Version: Starting in the year 2000, the central bank began printing the modern fifth generation version of New Taiwan Dollar notes that we use today. The current 100 NT note was first printed in 2000, the 200 NT and 2000 NT notes were first printed in 2001, and the current 500 NT and 1000 NT notes were first printed in 2004.
In 2001, the 20 NT coin was introduced, but other coins remained the same.
New Taiwan Dollars can be denoted as TWD, NTD or NT$.
Common symbols on the New Taiwan Dollar:
Current coins and bills in circulation (fifth series of the new Taiwan Dollar):
Bali Old Street (aka Bali Ferry Dock Old Street 八里渡輪頭老街) is a shopping area near Bali Wharf, connecting with Tamui Old Street via ferry and bicycle route. It is one of the oldest ports in Taiwan, with a long history of businesses and great seafood nearby.
Bali district has been inhabited for at least 5,000 years; first by a large group of Taiwan aborigines and then later by Chinese settlers.
Bali's port opened to international trade along with Tamsui after the second opium war in 1860, but it was used less often because Bali suffered from strong northwestern winds, and Tamsui had a deeper harbor.
Recently, Bali has become a major tourist destination in New Taipei, known for its laid back atmosphere and attractions such as the Tamsui River bike-way, Bali Old Street and ferry, and the Shihsanhang Archaeology Museum.
Roughly 9 AM to 10 PM, each store has different hours.
Free (35 NT ferry ride from Tamsui)
How to get there:
By Car/Scooter: Take provincial highway 15 north to Bali, the old street is right next to the ferry dock. There is some paid parking near the old street, and free scooter parking.
By Ferry: You can take the ferry from Tamsui Old Street (35 NT, 7-10 minutes). The last ferry leaves at about 8 PM.
Please see below:
Nangang District is not only a major transportation and technology center in Taipei, also looks great at night. Because I am lucky to call Nangang home, here are some photos I have taken of how the place lights up at night. This is more of an art display than a blog.
Where is Nangang? See the map below:
For you expats or foreigners who have never left Taipei, Miaoli is a large rural county in central Taiwan. For years I myself never visited, because I didn't know what was there and had no reason to go. It turns out there are quite a few attractions here in this secret paradise.
Below I will list out some of the best places in Miaoli that I have visited. I will be sure to update this blog as I visit more places later.
How to get around in Miaoli?
As always, we recommend renting a scooter as the best way to see Taiwan. However, you can also a great deal of Miaoli by taking the train, inter city bus, or local bus. Getting around in a car is also a convenient option as there is plenty of parking pretty much everywhere in this less crowded county.
You can see a map of all the places that we will visit in this blog below:
As one of the most secret and unknown tourist attractions in Taipei City, Nangang Tea Mountain is a large mountain area that offers pleasant hikes, great views, historical buildings, no crowds, and most of all tea. It is one of only two mountain tea growing areas in Taipei City, the other being Maokong. Hopefully this blog will help you understand how much natural beauty and intact history this is in Nangang District.
Nangang 南港means “South Port” in Chinese. This south port once rested on the southern banks of the Keelung River near what is now the Neihu MRT depot in Nangang District, Taipei. There was a "North Port" on the Keelung river in what is now Xizhi. Nangang was once part of Neihu District before it split in the ROC era. In the earliest times, Nangang was known as an industry hub for coal, brick making, and tea farming. In order to ship goods from Neihu to Nangang rail station, at least two suspension bridges were made across the Keelung River.
Tea Processing Demonstration Center: Tuesday-Sunday 9 AM to 5 PM
How to get there:
By car/scooter: From Nangang Road at Nangang Exhibition Center MRT station, turn south toward the mountains and keep going straight on Acadamia Sinica Road until it turns into Jiuzhuang Street. Keep going all the way up the mountain and you have reached the tea district.
By bus: Take the Southeast Little 5 bus from Nangang Exhibition Center MRT station. It takes about half an hour to get to the Tea Processing Center from there.
Please see below:
Tax season is here. In Taiwan, taxes must be filed from before May 31st. As a foreigner, you might be wondering how to file a tax return and what the regulations are. Luckily Taiwan has made it easy by creating an online tax filing system that you can complete from your computer, although you do still have to physically send some forms to the tax office. Let us answer some common questions about tax filing that might come up:
Forward: The following is Q+A for tax year 2018 only, based on information provided on Taiwan's Ministry of Finance website.
Q: When should I file Taxes?
A: Between May 1st to May 31st after the tax year (tax year is same as calendar year).
If you are leaving the country and do not plan to return to Taiwan, you must file an early tax return within 10 days before you leave. We recommend going to the tax office in person for an early filing.
Q: When are Taiwan tax payments due?
A: Tax payments are due by June 3rd, after which there will be penalties for late payments.
Q: What makes me eligible for paying Taiwan taxes (or what makes me a tax resident)?
A: You become a Taiwan tax resident if you stay in Taiwan longer than 183 days, or you are a Taiwan national and have household registration（戶籍） in Taiwan and visit for at least one day. The address in your ARC is not household registration, it's a registration process from the local administrative office (戶政事務所）.
If you stay less than 90 days in Taiwan, in general you do not have to file taxes, and VAT or sales taxes are reimbursable.
If you worked in Taiwan and stayed over 90 days, you need to pay taxes on your Taiwan based salary even if your income came from overseas.
If you stayed in Taiwan between 90-183 days in a calendar year then you need to pay a fixed rate of 18% income tax （your company may have deducted this from your salary already).
If you have Taiwanese dual citizenship and Taiwanese house registration, then you need to pay taxes if you have stayed in Taiwan for over 31 days. Days are cumulative in a tax year, and it doesn't matter what you came for during these days.
How do I count the days I stayed in Taiwan?
Please note that the day you come to Taiwan doesn't count, but the day you leave does. It's a good idea to keep track of the number of days you have been in Taiwan via the stamps on your passport.
Q: What is the income tax rate?/ How much is Taiwan tax?
A: The income tax rate for non-residents who earn at least 1.5 the minimum wage per month (34,650 NT as of 2019) is 18% (you can get a tax refund if you pay 18% taxes and then become a tax resident). This tax rate is usually applicable for most white collar foreigners.
For non-residents who earn less than 1.5 the minimum wage per month (34,650 NT as of 2019), the income tax rate is 6%. This tax rate is usually applicable for most blue collar foreign workers. 18% usually is applicable to white collar foreign workers.
The 2019 tax rate for residents (staying over 183 days in Taiwan) is as follows (source: Taiwan Ministry of Finance):
We are US Expats that have extensive experience living and working in Taiwan. In our day, we had to learn many things about Taiwan the hard way. But we have come to learn that Taiwan is one of the best places in the world for Foreigners to live. Our blog does not represent the opinions of every foreigner in Taiwan. We are just trying to help others learn more about this beautiful country.