Retire in Taiwan
Last updated on Jan 04, 2024
Summary: Retirees are attracted to Taiwan for its vibrant culture, delicious cuisine, and friendly people. Taiwan also offers retirees a low cost of living and excellent healthcare. The weather in Taiwan is generally mild, with temperatures ranging from the mid-50s to the mid-80s Fahrenheit throughout the year.
What is it like to retire in Taiwan?
"Taiwan is a great place for retirees to enjoy their golden years. With its warm climate, friendly people, and low cost of living, it is an attractive destination for retirees. There is an active expat community in Taiwan, with many retirees from all over the world. There are plenty of cultural attractions to explore, such as the National Palace Museum, the National Chiang Kai-shek Memorial Hall, and the National Taiwan Museum. There are also plenty of recreational activities to enjoy, such as hiking, biking, and swimming. For those looking for nightlife, there are plenty of bars, clubs, and restaurants to explore. Taiwan is a great place for retirees to enjoy their retirement years," remarked one retiree in Taiwan.
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What are the most challenging aspects of retiring in Taiwan?
"One of the most challenging aspects of retiring in Taiwan is the language barrier. Although English is widely spoken in the major cities, it is not as widely spoken in more rural areas. Additionally, the cost of living in Taiwan can be quite high, especially in the larger cities, making it difficult to live on a fixed income. Furthermore, the healthcare system in Taiwan can be difficult to navigate for those who are unfamiliar with it, making it difficult to access the care they need. Finally, the cultural differences between Taiwan and other countries can be difficult to adjust to, making it difficult for retirees to feel at home," explained a retiree in Taiwan.
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What are the most rewarding aspects of retiring in Taiwan?
"One of the most rewarding aspects of retiring in Taiwan is the opportunity to experience the country's rich culture and history. Taiwan is home to a variety of cultural attractions, from ancient temples to modern museums, and its vibrant night markets offer a unique shopping experience. Additionally, Taiwan's natural beauty is unparalleled, with stunning mountain ranges, lush forests, and pristine beaches. Retirees can also take advantage of Taiwan's excellent healthcare system, which provides high-quality care at an affordable cost. Finally, the friendly and welcoming people of Taiwan make it a great place to retire, as they are always willing to help and make newcomers feel at home," explained one retiree living in Taiwan.
What are healthcare services like in Taiwan?
We asked retirees if they have access to good medical care in Taiwan. They wrote:
"Taiwan has a comprehensive healthcare system that provides quality medical services to its citizens. The government provides universal health insurance coverage for all citizens, which covers a wide range of medical services, including preventive care, hospitalization, and long-term care. The healthcare system is also well-equipped with modern medical technology and highly trained medical professionals. Additionally, Taiwan has a number of specialized medical centers that provide specialized care for specific conditions, such as cancer, heart disease, and mental health. In general, the healthcare system in Taiwan is highly accessible and provides quality care to its citizens," said a person in Taiwan.
How do I meet people in Taiwan?
When we asked people living in Taiwan about club and activities where newcomers can meet others, they responded:
"Expats in Taiwan often join clubs and activities such as language exchange groups, hiking clubs, and sports teams. Expats can also meet people by attending events such as art exhibitions, music concerts, and festivals. Additionally, many expats find it helpful to join online forums and social media groups related to their interests, as well as attending meetups and networking events," said one retiree in Taiwan.
"There are a number of bars (Pubs) in either Taipei, Taichung or Kaosiung where foreigners and Taiwanese young locals hang out. Otherwise, you can try enrolling in a University to study Chinese; there are opportunities to meet others in such an environment," commented one retiree living in Taichung, Taiwan.
What is life like in Taiwan?
When we asked people living in Taiwan what life is like and how people spend their time, they said:
"Life for expats and digital nomads in Taiwan is generally quite pleasant. The country is known for its friendly people, delicious food, and vibrant culture. Expats and digital nomads can find plenty of opportunities to explore the country's many attractions, from its stunning natural landscapes to its bustling cities. The cost of living is also relatively low, making it an attractive destination for those looking to live and work abroad. Additionally, Taiwan is a great place to learn Mandarin, as the language is widely spoken and there are plenty of language schools and resources available," said a person in Taiwan.
"Anyone trying out living here in Taiwan will certainly be aware of how important making money is to the Taiwanese. They tend to revolve their lives around their work. The society is also Family centered. Relationship is important for a Taiwanese," remarked one retiree in Taichung.
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Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What do I need to know before retiring in Taiwan?
When we asked people what advice they would give someone preparing to move to Taiwan, they said:
"Expats considering retiring in Taiwan should be aware that the cost of living is relatively low compared to other countries, and that the healthcare system is well-developed and accessible. It is important to research the visa requirements for retirement in Taiwan, as well as the tax implications of living and working in the country. Additionally, expats should familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. Finally, expats should consider the availability of leisure activities and social networks in the area they plan to retire in," said one retiree in Taiwan.
"Make friends. Keep yourself busy doing what you intend to do in Taiwan. If English is your first language, you might want to teach. There's good money in teaching kids or adults in language centers called bushibans or in one on ones. Enjoy the difference in culture," commented one retiree living in Taichung, Taiwan.
What type of recreational activities are there in Taiwan?
"In Taiwan, residents enjoy a variety of recreational facilities, such as parks, beaches, and sports centers. Parks are a popular destination for locals and tourists alike, offering a variety of activities such as walking, jogging, and picnicking. Beaches are also a popular destination, with many offering swimming, snorkeling, and other water sports. Sports centers are also popular, offering a variety of activities such as basketball, badminton, and tennis. Additionally, Taiwan is home to a number of amusement parks, offering roller coasters, water slides, and other attractions," said one person who retired in Taiwan.
Where will I buy groceries and do other shopping in Taiwan?
"People living in Taiwan typically buy groceries from supermarkets, convenience stores, wet markets, and night markets. Other shopping can be done at department stores, shopping malls, and specialty stores," said one person who retired in Taiwan.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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