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New land expropriation compensation policy has started since September 1, 2012

2013-05-03

Since September 1, 2012, Taiwan’s land expropriation compensation system has shifted from the practice of “adding a percentage to the publicly announced current land value” to "appraisal by market price". The biggest difference between the new and old systems lies in the fact that in the past, compensations for expropriation were made by mass zoning appraisal but now every piece of expropriated land must be evaluated, audited and reviewed before compensation. To provide our citizens with a quality living space and improve and enhance the investment environment, Taichung City Government has b...

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