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Apartments for sale Taipei Taiwan-SOLDRules for overseas buyers in TaiwanForeign buyers seeking Tawian property need to check eligibilty , Taiwan propertty law states that there are two conditions for foreigners who want to buy properties in Taiwan. First, reciprocality - their home country must allow Taiwanese to buy properties. Second, the foreigner must apply to the appropriate municipal authority when buying and/or leasing a property.About TaiwanThe main island of Taiwan, also known as Formosa (from Portuguese (Ilha) Formosa, meaning beautiful (island)), is located in East Asia off the coast of mainland China, southwest of the main islands of Japan but directly west of the end of Japan's Ryukyu Islands, and north-northwest of the Philippines.