Except the lands prescribed by Article 17 of Land Act, aliens or foreign companies may acquire land in Taiwan. In fact, such transactions help to liberalize our economy, attract foreign capital, promote real estate transactions and national development, and better utilize our land resources.

Known as the cultural capital in central Taiwan, Taichung City was the seat of provincial capital when Liu Ming-chuan set up Taiwan as a province in 1887. Taichung was the "little Kyoto" called by the Japanese. It was the hub for political, social and cultural movements in Taiwan in the 1920s. It is the city in which a number of institutes were initiated and firstly established by the local Taiwanese, such as Taichung First Senior High School, Headquarters of Taiwan Cultural Association, Taiwan People's Party, Headquarters of Taiwan Farmers Association, and Taiwan Movie Studio. The Taichung Railway Station renovated in 1917 is a construction full of elements of both Renaissance and Baroque architectural styles and is listed as 2ndclass national historical site. Taichung has a pleasant climate, a vast territory, a well-developed commercial and industrial environment, and convenient transportation facilities, including seaports, airports and high-speed railway stations. The merged greater Taichung City has been upgraded to a special municipality since December 25, 2010. All of these special features make Taichung very attractive to foreigners.

The statistics that foreigners acquired or created rights over land and buildings in Taichung during the period between July 2014 and June 2015 is attached below. It is shown that foreigners make and register over one hundred property transactions in Taichung each year. To help foreigners fully understand how to acquire and transfer property, the Taichung City Government has compiled an e-book called “Foreigners ‘eye’ Taichung", the contents of which cover the distribution diagram of land acquisition and transfer by foreigners, the registration statistics chart, the area statistics chart for lands and buildings, the flowchart for land and household registration, Q&A, and the List of Reciprocal Nations for Foreigners Acquiring Land in Taiwan, ROC. All of these are good for reference.