What is that CRS/FATCA form and why is my bank telling me to declare that I am a tax resident? You might be asking the question. “Should I sign it and provide my tax ID?” NO!! Before we explain why. This post is not intended for Americans. If you are an American… you can thank your big uncle Sam for […]
What is that CRS/FATCA form and why is my bank telling me to declare that I am a tax resident?
How to fill out a CRS/FATCA form in a Taiwan bank
This is a continuation to the “What is that CRS/FATCA form and why is my bank telling me to declare that I am a tax resident?” page. Make sure that you have read this before proceeding and that you are NOT an American citizen. Step 1: fill out your details on the first page accordingly. Step 2: Write down the […]
How to check your Labor Pension account online as an ARC / APRC holder
Due to the system in Taiwan not really being set up for APRC and ARC holders, you will be frustrated to find that you cannot simply use your health insurance card to login to the portal like a local. – This is something you need to get used to in Taiwan. However, this is one way… the Alien Citizens digital […]
Why some foreign teachers DON’T get a Labor Pension in Taiwan
Having a pension is important. That is why the European Chamber of Commerce successfully lobbied for all APRC holders to be included in 2019. This was supposed to resolve a long-standing issue of that had been raised in the position papers of the ECCTs Better Living and Human Resources committees since 2012. There is however one group of people that […]
Opening a bank account online as an ARC/APRC holder in Taiwan.
Taiwan is often hailed as an expat friendly country. However, beyond that Taiwan starts to become exceedingly discriminatory. Getting a car loan, opening an investment account, getting a credit and heavens forbid a mortgage without a guarantor… But there is one thing that many find the most frustrating. -Opening a bank account-. While in many countries you can open an […]
Labor Pension facts for JFRC and APRC holders
Here are some basic facts about the Labor Pension System in Taiwan. This is not financial advice in any way, shape or form. Instead, these are some of the basic facts that I have learnt over the years of living in Taiwan and dealing with the system. Fact 1: ALL APRC and JFRC holders are eligible for the pension system […]