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How much $ to bring?

 
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carleenmarie



Joined: 17 Jul 2007
Posts: 12
Location: Philadelphia

PostPosted: Tue Oct 02, 2007 10:23 pm    Post subject: How much $ to bring? Reply with quote

I'm planning on coming over probably around mid February, and am wondering how much cash I need in the bank when I say bon voyage. I don't have a job lined up just yet, but I figure it will be of the pretty standard newbie variety. What's the bare minimum vs. what I should bring in an ideal world?
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atiff



Joined: 14 Jun 2006
Posts: 66

PostPosted: Wed Oct 03, 2007 1:35 am    Post subject: Reply with quote

It depends a bit on what you'd class as "the bare minimum"; what you would be comfortable with putting up with. For me, that would mean enough to get into a shared apartment and two months living costs (which would be about NT$60,000, give or take - assuming NT$20,000 for apartment deposit, NT$10,000 per month rent and NT$10,000 a month basic living costs). This would be possible, but not the most comfortable. It should put you in a nice, secure position to tide you over until you find a reasonable job (ie, you don't have the take the first one, you can take your time a bit).

Ideally, you should bring over more than that. Note that some TECO offices are stricter than others on the amount of money you need to bring over compared to the length of your stay, if you are coming on a visitor's visa. Those that do check seem to use a rough benchmark of about US$1,500 per month of stay.
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carleenmarie



Joined: 17 Jul 2007
Posts: 12
Location: Philadelphia

PostPosted: Wed Oct 03, 2007 10:22 pm    Post subject: Reply with quote

To be honest, I was kind of figuring I'd have a job lined up pre-departure. I know that conventional ESL Cafe wisdom says you have a better shot at negotiating the best contract if you wait until you get there, but I want my flight paid for and I'd rather have it all lined up before the plane touches down.

I also hope to find a job with an apartment paid for, or at least a decent housing stipend.

I was originally planning on South Korea for the aforementioned reasons, but I've heard that you can work out a similar deal in Taiwan, and the more laid back, less xenophobic culture appeals to me. Is those reasonable requirements for Taiwan or should I start reconsidering Korea?

I was figuring I'd save about $2000 USD to take with me. Typically, will I get paid 1 month after my start date or could it be 1 1/2- 2 months? If it's much longer than 1 month w/out pay then I will def. need to save some more money. I figure it's tough enough to uproot your life and head to Asia- having cash to go out and explore will help ease the culture shock at least.
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BigWally



Joined: 07 Jun 2006
Posts: 765
Location: Ottawa, CAN (prev. Kaohsiung "the Dirty South")

PostPosted: Thu Oct 04, 2007 3:24 am    Post subject: Reply with quote

carleenmarie wrote:
To be honest, I was kind of figuring I'd have a job lined up pre-departure. I know that conventional ESL Cafe wisdom says you have a better shot at negotiating the best contract if you wait until you get there, but I want my flight paid for and I'd rather have it all lined up before the plane touches down.


You want your flight paid for?! Well you might want to think about Korea then, because you're probably not going to find that from any school in Taiwan.

carleenmarie wrote:
I also hope to find a job with an apartment paid for, or at least a decent housing stipend.


Again, good luck with that. You'll be able to find this in Korea, but it's quite rare in Taiwan (think dinosaurs rare). Although you do get a housing stipend, but its usually just in the form of a paycheque.

carleenmarie wrote:
I was originally planning on South Korea for the aforementioned reasons, but I've heard that you can work out a similar deal in Taiwan, and the more laid back, less xenophobic culture appeals to me. Is those reasonable requirements for Taiwan or should I start reconsidering Korea?


I've never heard anyone hooking up a deal where they get their flight & housing paid for. There is a demand for teachers here, but its not that high, and there are a lot of teachers here always looking for work, so it's unlikely you'll find those things.

carleenmarie wrote:
I was figuring I'd save about $2000 USD to take with me. Typically, will I get paid 1 month after my start date or could it be 1 1/2- 2 months? If it's much longer than 1 month w/out pay then I will def. need to save some more money. I figure it's tough enough to uproot your life and head to Asia- having cash to go out and explore will help ease the culture shock at least.


$2000-$3000 should be enough to last until your first paycheque. When it comes depends on your school, usually between 1-2 months.

Do a search, as this money issue has been gone over extensively before!

Ganbei! Surprised
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carleenmarie



Joined: 17 Jul 2007
Posts: 12
Location: Philadelphia

PostPosted: Thu Oct 04, 2007 9:58 pm    Post subject: Reply with quote

Thanks for the advice. Korea is looking better and better.
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Thu Oct 04, 2007 11:43 pm    Post subject: Reply with quote

Ha, Korea looks good until you arrive. Especially if you wind up in a bad location and are bored out of your mind.
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craigzy



Joined: 20 Mar 2006
Posts: 87
Location: taichung

PostPosted: Fri Oct 05, 2007 11:12 am    Post subject: Reply with quote

if youre coming to taiwan, $2500US is a good amount to bring just in case anything unforseen happens. remember to get your 60-day visa before coming to the island so you dont have to make a run to hong kong or macau.

also, and this is just from people ive talked to so take from it what you will, other than the money, korea supposedly sucks. again, thats just what ive heard, though, so wutev.
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pest2



Joined: 28 Oct 2006
Posts: 170

PostPosted: Fri Oct 05, 2007 3:48 pm    Post subject: Reply with quote

craigzy wrote:
if youre coming to taiwan, $2500US is a good amount to bring just in case anything unforseen happens. remember to get your 60-day visa before coming to the island so you dont have to make a run to hong kong or macau.

also, and this is just from people ive talked to so take from it what you will, other than the money, korea supposedly sucks. again, thats just what ive heard, though, so wutev.


Yah, OP, save the money and try to make it in Taiwan.
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AQUA MARINA



Joined: 11 Mar 2003
Posts: 104
Location: Canada *In TAIWAN AUGUST 8TH!**

PostPosted: Sat Oct 06, 2007 9:54 am    Post subject: Reply with quote

You could always ask your school to pay you cash at least for the first month. I find waiting for a whole month untill you get paid is tight.

It's safer to have a credit card as back up for emergency cash. Bring at least 2,500-3,000 CAD. That is 3 months worth to be comfortable.
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