Yes, the government tries to keep price down for exporters. The BigMac index shows the BigBac exchange rate of the New Taiwan Dollar is around 23 NTDs = 1 USD,

Yes, the government tries to keep price down for exporters. The BigMac index shows the BigBac exchange rate of the New Taiwan Dollar is around 23 NTDs = 1 USD, but the official exchange rate for the moment is around 32 NTDs = 1 USD. The house price in Taipei can be as high as New York City in Xin Yi, DaAn districts. But generally the rent of an apartments in DaAn district for a 2000 sq ft doorman elevator building is around $1,600 to $2,000 USDs. There drawbacks to live in Taipe. Although English is taught in schools, people still have problems to communicate in English. To be able to live like locals, you need to be able to speak Mandarin or Taiwanese dialect well enough, and be able to read signs in Engrish and guess what authors meant.