Housing Finance Policy

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    A. Legal and Regulatory Framework

    A.1 Legal and Regulatory Framework
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Basis of the legal system: Civil, Common, Islamic, Other? (Describe)Civil law systemcivil law systemCivil law system
    CIA World Factbook
    		A.1.1
    Registration/Transfer of titles:A.1.3
    Does the law clearly define different types of property rights?YesYesYesA.1.3.1
    Typical number of days needed for the transfer of title444
    Doing Business
    		A.1.3.4
    Are there legal constraints on the types of mortgage products that are permitted?YesYesYes
    Central Bank of Taiwan
    		A.1.5
    Are there legal constraints on mortgage features?Yes  
    Country Editor
    		A.1.6
    Interest rate capsYes  
    Country Editor
    		A.1.6.1
    Loan-to-Value capYesYesYes
    Central Bank of the Republic of China Taiwan
    		A.1.6.2
    Payment-to-Income maximumYes  
    Country Editor
    		A.1.6.3
    OtherYes  
    Country Editor
    		A.1.6.4
    Is there specialized legislation covering:A.1.9
    Issuance of RMBSYesYesYes
    Country Editor
    		A.1.9.2
    B. Housing Finance Subsidies
    B.1 Subsidies to Housing Finance Institutions
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Are there subsidized funding sources for mortgage lenders?YesYesYes
    Country Editor
    		B.1.1
    Special government lines of credit YesYesYes
    Country Editor
    		B.1.1.1
    B.2 Subsidies to Households
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Are there subsidies to households on housing finance?YesYesYes
    Ministry of the Interior
    		B.2.1
    Interest rate subsidies by special government fundsYesYesYes
    Ministry of the Interior
    		B.2.1.1
    Buy-down of monthly/interest paymentsYesYesYes
    Country Editor
    		B.2.1.2
    Mortgage interest deductibility from income taxYesYesYes
    Country Editor
    		B.2.1.5
    Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
    C. Taxation
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    What taxes apply to Residential Real Estate?C.1
    Tax on property (home-owners) YesYesYes
    Global Property Guide
    		C.1.1
    Property transaction taxes (purchase/selling)YesYesYes
    Department of Taxation, Taoyuan
    		C.1.2
    Tax on capital gains on property  YesYes
    Global Property Guide
    		C.1.5
    back to top | Country Data:
    Notes: <1%
    Notes: 1 ping = 3.305 sq.mt
    Notes: Building tax - annual rate of 1.2% to 2% of its current assessed value; Land value tax - residential land is taxed at a flat rate of 0.2%, if certain prescribed conditions can be met.
    Notes: Building tax - annual tax of 1.2-2% of current value for residential properties Land value tax - land for residential use is taxed at a flat rate of 0.2%
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
    Notes: Deed tax on purchase and sale is 6%, paid by the purchaser of the property. Exempt when the LVIT is applied. Current form of deed tax was written in 1952.
    Notes: Deed tax on purchase and sale is 6%, paid by the purchaser of the property. Exempt when the LVIT is applied. Current form of deed tax was written in 1952.
    Notes: Deed tax on purchase and sale is 6%, paid by the purchaser of the property. Exempt when the LVIT is applied. Current form of deed tax was written in 1952.
    Notes: Gains on sales of property are subject to the nation's progressive income tax Gains on sales of land are taxed under Land Value Increment Tax (LVIT) which varies from 20-40%
    Notes: Gains on sales of property are subject to the nation's progressive income tax; Gains on sales of land are taxed under Land Value Increment Tax (LVIT) which varies from 20-40%
    Notes: Gains on sales of property are subject to the nation's progressive income tax; Gains on sales of land are taxed under Land Value Increment Tax (LVIT) which varies from 20-40%
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
    Notes: Many of the constraints were repealed in 2015 but a few remain in place, especially those regarding high-value property
    Notes: Many of the constraints were repealed in 2015 but a few remain in place, especially those regarding high-value property
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
    Notes: Total dwelling units not made of steel, concrete, or brick, i.e. made of wood, bamboo, and stone.
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate
    Notes: Uses average exchange rate