1.The Overseas Compatriot Identity Certificate is issued by the Overseas Community Affairs Council to overseas compatriots of the ROC who return to Taiwan to make an investment, buy and sell real estate, receive an inheritance, open bank accounts, pay taxes, take exams, enter and reside in Taiwan, etc.
2.An ROC national who resides in a foreign country and meets any of the following criteria may apply for the Overseas Compatriot Identity Certificate:
(1)He/she currently resides in a country or region granting permanent residency and meets the following requirements:
A.Has gained permanent residency in such a place of overseas residence;
B.Has lived overseas for a cumulative total of at least four (4) years;
C.Has spent six (6) consecutive months in such a place of overseas residence or spent at least eight (8) months each year in the last two (2) years in such a place of overseas residence.
(2)He/she currently resides in a country or region that does not grant permanent residency, or where it is difficult for foreigners to obtain permanent residency, and meets the following requirements:
A.Has gained temporary residency in such a place of overseas residence for four (4) consecutive years, and is eligible for extension of residency;
B.Has lived overseas for a cumulative total of at least four (4) years;
C.Has spent six (6) consecutive months in such a place of overseas residence or spent at least eight (8) months each year in the last two (2) years in such a place of overseas residence.
(3)He/she departed from Taiwan, has legally stayed in his/her place of overseas residence for ten (10) consecutive years, has been legally employed in such a place of overseas residence for four (4) years or more, and is eligible for further extension of residency.
3.Level of difficulty in gaining a country's permanent residency, as referred to in Subparagraph 2 above, is determined by the OCAC and the Ministry of Foreign Affairs, who update the list every year online and on the Executive Yuan Gazette.