What is Taiwan’s Global Elite Card?

October 4, 2024

Taiwan has launched the Global Elite Card to attract skilled foreign professionals in response to a growing labor shortage, which is expected to result in a deficit of 350,000 workers by 2028. To further boost its workforce, Taiwan is also preparing to introduce a Digital Nomad Visa for remote workers.

Overview of the Global Elite Card

The Global Elite Card allows foreign professionals to gain permanent residency in Taiwan after just one year of living there, which is a faster process compared to the previous Gold Card that required a stay of three years. This card aims to attract high-earning individuals who can bring their expertise to Taiwan.

Target Audience

To be eligible for the Global Elite Card, applicants need to have an annual income of over TWD 6 million (around ₹1.57 crore). This card also comes with added benefits, such as allowing the applicant’s spouse to join and granting unlimited stays for dependent family members, making it an attractive option for professionals with families.

Digital Nomad Visa Initiative

Taiwan is also working on a Digital Nomad Visa, designed specifically for freelancers and remote workers. This visa would allow individuals to live in Taiwan for up to six months, with the possibility of eventually applying for permanent residency. This initiative seeks to attract more remote workers to settle in Taiwan long-term.

Future Developments

While the specifics of the application processes and requirements for both the Global Elite Card and the Digital Nomad Visa are not yet available, Taiwan hopes to attract over 200,000 professionals and 100,000 remote workers through these programs in the coming years.

More About the Global Elite Card

The Global Elite Card also acts as a membership card offering luxury travel benefits, such as VIP airport access, concierge services, and partnerships with luxury brands. It is designed for high-net-worth individuals and frequent travelers, providing exclusive perks like faster check-ins, upgrades, and access to special lounges.

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