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Cost of Living in Taipei
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Eyrick3



Joined: 29 Mar 2008
Posts: 161
Location: Beijing, China

PostPosted: Sun Jan 11, 2009 3:32 am    Post subject: Cost of Living in Taipei Reply with quote

How does it compare to the mainland?

I'm able to save quite a bit here, as the cost of living is so low. Is it possible to save a lot on a salary of 100k TWD? Is this type of salary typical in Taipei?
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forest1979



Joined: 10 Jun 2007
Posts: 507
Location: SE Asia

PostPosted: Sun Jan 11, 2009 8:22 am    Post subject: Reply with quote

NT$ 100,000 is about 3 times higher than the average salary in Taiwan. If you can't save money on that sort of salary then there is really no hope.

Incidentally, where on the Mainland are you based? If you're not in one of the major metropolises then things should be dirt cheap. Whilst things are cheap in Taiwan they are more expensive than the China.
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funkystuff



Joined: 21 May 2008
Posts: 62

PostPosted: Sun Jan 11, 2009 10:06 am    Post subject: Re: Cost of Living in Taipei Reply with quote

Eyrick3 wrote:
How does it compare to the mainland?

I'm able to save quite a bit here, as the cost of living is so low. Is it possible to save a lot on a salary of 100k TWD? Is this type of salary typical in Taipei?


Are you earning a 100TWD in China? And are you earning 100TWD from just one job or are you moonlighting? If you're earning that from your main job, then I'd stick with it because it's a good salary. Earning 100K in Taiwan is impossible from one job . . . you may be able to do it if you are moonlighting, but then you'd be working like a dog teaching every hour god sends.

BTW, a f/t university post in Taiwan will only pay around 70K, and even then you'd need a Ph.d to qualify. You'll probably make more in the private sector, but then you'll expose yourself to unscrupulous Taiwanese bosses who'll use your vulnerable immigration status to wring you dry of all your energy . . . and idealism. If you're planning a move to Taiwan, ensure you 'look before you leap'.
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Eyrick3



Joined: 29 Mar 2008
Posts: 161
Location: Beijing, China

PostPosted: Sun Jan 11, 2009 10:17 am    Post subject: Reply with quote

Quote:
Are you earning a 100TWD in China?


No, but I came across this article which makes it sound like a 100k TWD salary is not uncommon:

http://toshuo.com/2005/hard-core-foreign-run-buxibans/

Now, before I go any further, I should state that I'm obliviously ignorant about all things Taiwan/HFRB, etc.

To quote the article:

Quote:
If you are in Taiwan to make money and you are a teacher, there is NO other place to be than bŭx�bāns of this type. At the time of this writing, Modawei, Cortland, and most of the Tomcat schools (but not all franchises) pay new teachers $600/hour during training, and $900/hour for teaching. $50 raises are given every six months up to a maximum of $1100 or $1200. After 2 years at Cortland, or 3 at Modawei, profit sharing bonuses are awarded every 6 months. Tomcat has pretty inconsistent rules about this. Bonuses can range from about $100,000 to $300,000 depending on a variety of factors.


And

Quote:
While training you can expect to put in a significant amount of time, and only make $65,000 to 70,000 per month. Once you have a full schedule you�ll make $100,000 per month and once you�re receiving the bonus you�ll likely make over $150,000 per month. If you become a branch manager or, better yet, open a franchise, you�ll make even more.


Is this for real, or is this just like those 70k USD ESL jobs in the Middle East (i.e. rare and difficult to get into)?

I've been in China for quite some time, and having passed the HSK advanced with a level 10 I'd have no problem with the Chinese requirement. I also have no intention of leaving Asia in the near future, so I'd be willing to sign on long term.
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Eyrick3



Joined: 29 Mar 2008
Posts: 161
Location: Beijing, China

PostPosted: Sun Jan 11, 2009 10:32 am    Post subject: Reply with quote

Also, I've yet to find any postings by these types of schools looking for teachers. The only offer I found was on that blog where the article is, by a school named "Pagewood", but I'm not sure how dated it is.
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funkystuff



Joined: 21 May 2008
Posts: 62

PostPosted: Sun Jan 11, 2009 11:45 am    Post subject: Reply with quote

Eyrick3 wrote: "No, but I came across this article which makes it sound like a 100k TWD salary is not uncommon."

Making 100K a month in Taiwan is UNCOMMON, but possible. In the private sector, you could make around 50-60K teaching f/t, but you'd have to supplement this outside with p/t gigs, which start at around NT$500 at a chain school, such as Global Village, and can rise to as much as $NT800 for TOEFL/IELTS/GRE classes. You could also look for private students too and charge between $NT500 and $NT1000, depending on their needs and your qualifications/experience.

You mention HFRBs, but these jobs aren't easy to find and they are usually given to 'friends' of 'friends'. Further, the guys that have set the HFRBs up prefer it if you've worked in Taiwan for a while, know the ropes, and speak some Chinese. They also have their own methods, although I can't vouch for them because I've never worked at a HFRB. Nevertheless, they do promise big bucks. Who knows? It might just be hype?

To sum up: It is possible to make 100K, but you'll be working like a dog to do it. Many old hands in Taiwan make do with 60K a month, which leaves them with time to chill.
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Eyrick3



Joined: 29 Mar 2008
Posts: 161
Location: Beijing, China

PostPosted: Sun Jan 11, 2009 11:49 am    Post subject: Reply with quote

Funkystuff, thank you for the informative replies. Much appreciated.
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funkystuff



Joined: 21 May 2008
Posts: 62

PostPosted: Sun Jan 11, 2009 11:56 am    Post subject: Reply with quote

Remember too that you'll need a BA degree to get a working visa to work at a buxiban in Taiwan. If you have an MA, you could work at a buxiban or ELC attached to a university, and if you hold a Ph.d, you could find a f/t position at a university there. Most f/t gigs in the private sector are kids, but adult classes are possible in the evenings and weekends, although from what I've heard/read, adult classes in Taiwan are starting to dry up. Before I moved to Thailand, I used to check these websites in Taiwan for jobs: www.esl99.com, www.tealit.com, and www.taiwan-taipei.com.

My advice is to stay in China . . . the market is so much bigger there and is still growing, while the market in Taiwan is shrinking because of falling birth rates.


Last edited by funkystuff on Mon Jan 12, 2009 2:18 am; edited 4 times in total
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forest1979



Joined: 10 Jun 2007
Posts: 507
Location: SE Asia

PostPosted: Sun Jan 11, 2009 2:17 pm    Post subject: Reply with quote

Eyrick3 - In response to your article about bonuses I have come across places paying NT$100,000 bonueses - this was universities to their professors as a CNY bonus.

As for NT$300,000 the only places that pay this out would be expatriate companies working on the island. No where in the TEFL industry in Taiwan today pays out this kind of sum. If they did the demand for jobs would be enormous, and so impossible to get.
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Sun Jan 11, 2009 11:24 pm    Post subject: Reply with quote

Quote:

Making 100K a month in Taiwan is UNCOMMON, but possible. In the private sector, you could make around 50-60K teaching f/t, but you'd have to supplement this outside with p/t gigs, which start at around NT$500 at a chain school, such as Global Village, and can rise to as much as $NT800 for TOEFL/IELTS/GRE classes. You could also look for private students too and charge between $NT500 and $NT1000, depending on their needs and your qualifications/experience.


Not sure about that. If you want to work six days a week, 100,000NT is not difficult. Of course most foreigners don't want to work six days a week and forget to realize that many Taiwanese work six days a week for 40,000NT.
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Eyrick3



Joined: 29 Mar 2008
Posts: 161
Location: Beijing, China

PostPosted: Sun Jan 11, 2009 11:44 pm    Post subject: Reply with quote

Ive heard many teachers on the mainland poo-poo on the "low pay" of the mainland. On average, the experienced BA holder with experience and a TESOL will be paid somewhere around 1000 USD a month or more.

In cities where the cost of living is dirt cheap, like Harbin where I first started, it's possible to save 70 - 80% of that. Even here in Beijing it's not impossible to save that much of one's salary.

I, like everyone else, am just keeping my options open. I was linked to that article by another one an it seemed too good to be true. It makes sense that those HFRB would be rare and difficult to get.

I'll probably stick it out here for a bit longer. The pay is decent, and hours low. Plus, after all this time learning Mandarin on the mainland, I don't think my ears would fair to well with the Taiwanese accent. Wink
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funkystuff



Joined: 21 May 2008
Posts: 62

PostPosted: Mon Jan 12, 2009 2:14 am    Post subject: Reply with quote

Eyrick3 wrote:
I'll probably stick it out here for a bit longer. The pay is decent, and hours low. Plus, after all this time learning Mandarin on the mainland, I don't think my ears would fair to well with the Taiwanese accent. Wink


Sounds like you're on a good number there, so it'd be silly to move to Taiwan. And btw, the Chinese spoken by the babes in Beijing is oh so seductive.
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funkystuff



Joined: 21 May 2008
Posts: 62

PostPosted: Mon Jan 12, 2009 2:30 am    Post subject: Reply with quote

JZer wrote:
Not sure about that. If you want to work six days a week, 100,000NT is not difficult. Of course most foreigners don't want to work six days a week and forget to realize that many Taiwanese work six days a week for 40,000NT.


Can you please tell me how it is "not difficult" to make 100K in 6 days? Let's say your f/t job pays you 60K net, which leaves 40K to find elsewhere. And let's say you're earning 700NT per hour moonlighting.(I'm being generous here; you might only make NT$500 per hour.) This means you'd need to work another 60 hours a month to make 40K, which is equivalent to an additional 15 hours per week. OK, it's possible, but you'd need to be working every weeknight for 3 hours each night . . . and that's after a full-day's work.(You might just work the 15 hours at the weekend, but still that translates into 7.5 hours each day!) Don't forget too that you'll need to pay your rent, utility bill, food, entertainment, transportation, etc out of this 100K. Deduct these costs and your grand total is looking a little depressing . . . and you have no free time to pull yourself back together after all those stressful days in the classroom teaching remedial English to indifferent students.
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enoch83



Joined: 02 Nov 2007
Posts: 69
Location: Taipei, Taiwan

PostPosted: Mon Jan 12, 2009 6:27 am    Post subject: Reply with quote

my take on it is that although the pay here is higher than China (prob about double the avg), the cost of living in taipei is about double if not more than most places. i used to live in beijing and i was appalled at the price increase when i first moved here. prices here for almost everything (groceries, entertainment, commodities) are the same price as in america. rent is slightly cheaper, but you'll prob pay about $8000/month for a shared apt. if u like going to pubs, you'll burn a whole in your pocket. added to that is the fact that you can't bargain for shit here like in china. although haggling for everything did get burdensome after a while in beijing, once u got it down you could really save some cash. here i've had women scoff at me and walk away when i suggested a lower price. it was opposite in beijing, i was the one scoffing and walking away lol.
When i was trying to save $ on a $60K/m salary, i found that i spent about $28K/m for everything (that was with a little entertainment but not much). having a non-drinking hobby can really help you save $ here. I second the notion mentioned above that you should stay in china. the market is rising there while it is shrinking here. (i was recently laid off at the end of my contract). If you can speak chinese and dont plan on leaving asia, i would find a Chinese partner and set up a school somewhere. that idea is a strong possibility in china, while is only has slim chances of being successful here (as the market is quite flooded).
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MomCat



Joined: 02 Dec 2004
Posts: 297

PostPosted: Mon Jan 12, 2009 3:00 pm    Post subject: Reply with quote

funkystuff wrote:
Can you please tell me how it is "not difficult" to make 100K in 6 days? Let's say your f/t job pays you 60K net, which leaves 40K to find elsewhere. And let's say you're earning 700NT per hour moonlighting.(I'm being generous here; you might only make NT$500 per hour.) This means you'd need to work another 60 hours a month to make 40K, which is equivalent to an additional 15 hours per week. OK, it's possible, but you'd need to be working every weeknight for 3 hours each night . . . and that's after a full-day's work.(You might just work the 15 hours at the weekend, but still that translates into 7.5 hours each day!) Don't forget too that you'll need to pay your rent, utility bill, food, entertainment, transportation, etc out of this 100K. Deduct these costs and your grand total is looking a little depressing . . . and you have no free time to pull yourself back together after all those stressful days in the classroom teaching remedial English to indifferent students.


Funky, some people come here for the money and expect to work long hours. They expect to be here for a few years and leave with a small nest egg or a chunk of bills paid off. If one works 6 hours on Saturday, and three hours on three weeknights, they have the 100 thou. Also, some people actually enjoy teaching and find one day off enough for the rest they need or the chores they have to do to be sufficient. Most everyone here has a different situation and a different reason for being here. Trying to paint the picture with just one huge brush is, I believe, inadequate to sufficiently describe the working conditions and/or opportunities.
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