Taiwan has always been a tourist hotspot and is a beloved spot to travel for many, especially if you love discovering new cultures. It is the perfect honeymoon destination if you are a foodie and love food that different cultures have influenced. For those of you who don’t know, Taiwan is in Asia and is a great place to have your honeymoon and is budget-friendly.
This is why more and more people are investing in its real estate. Real estate agents consider Taiwan the place to invest currently as it has a booming economy, and housing is pretty affordable there. So, without further ado, let’s dive into this blog and learn some of the reasons to invest there.
1. What’s the weather like?
When you tell your acquaintances that you will be visiting Taiwan on your honeymoon, most of them usually confuse it with Thailand because we Americans are a little too self-centred and know little or nothing about the rest of the world. So come with us, and let’s learn more about this island nation, where itn is located, and when is the best time to visit?
The former is an island off the southeast coast of China, located in the Pacific Ocean. Taiwan’s city of Taipei is the epicentre of this island nation and is home to the future Taipei Sky Tower, which will be the third tallest skyscraper in the world when completed. The best time to visit it is in the fall and spring. This is usually mid-September to mid-November, where temperatures are ideal for people who like the tropical climate, but it’s not too hot either.
The temperature is constant, and the thermometer usually reads around 20 °C. If you like hiking and want to see the cherry blossoms, you should visit Taiwan in spring. It is better not to visit it in summer, as this is also the typhoon season on the island, which means you will probably be stuck in your hotel room instead of exploring the country.
2. Business-friendly policy
The Taiwanese government has made quite the effort when it comes to providing a business-friendly environment to both local and international firms. However, there is some restriction when it comes to foreign investment, but it is considerably better than in other countries. These restrictions usually are limited to strategic industries like defence and energy.
By introducing and implementing a lot of policies, it has also turned into a more SME (Small and Medium Enterprise) friendly environment. The government there also invests in and promotes government grants, and this even extends to foreigners. One such example of this is the Taipei Municipal Self-Government Ordinance for Industrial Development Conference workshop.
It is known for its innovation, from Taipei 101 to its booming yet sustainable economy. The Taiwanese government has established the “Program of Multinational Innovative R&D Center in Taiwan,” and it aims to encourage multinational corporations to collaborate with local firms. This established it as a regional R&D center within the Asia Pacific region.
This helps support multinational production activities and enhances the role Taiwan plays in global R&D, and this encourages Taiwanese companies to focus on cutting-edge research. Some of the participants in this program are HP, Microsoft, Dell, IBM, Sony, Intel and Ericsson and have 51 more multinational companies in this program.
Taiwanese Universities are considered among the best universities in the world, and they provide and create a highly-skilled workforce. According to a 2011 study, Taiwan’s average score for maths registered by eighth-graders was higher than that of Japan, the United States and even Finland. However, there are some discrepancies when it comes to this, as some entrepreneur belies that though being highly educated, Taiwanese employees aren’t necessarily the best in the world.
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