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July 07, 2021 Wednesday 01:28:37 PM IST

Taiwan Attracts Overseas Professionals

The Legislative Yuan has passed a new law to attract and retain overseas talent in Taiwan. The legislation is intended to strengthen Taiwan’s competitiveness in science and technology. Under the revisions, “foreign special professionals” can apply for permanent residence in Taiwan after staying in the country for three years, instead of the current five years, provided they live in Taiwan for at least 183 days each year, the National Development Council (NDC) said. According to the Act, a “foreign special professional” refers to a foreign professional who possesses special expertise needed by Taiwan especially in science, business and technology, business, education, culture, the arts, sports, or other fields, as determined by the relevant authorities.