Taiwan is set to distribute a one-time cash payment of NT$10,000 (approximately US$315) to eligible residents starting from January 26, 2027, contingent upon the approval of the government’s proposed budget. This initiative aims to share the economic benefits and increased tax revenue resulting from the growth of the artificial intelligence industry, as outlined in the Cabinet’s proposed 2027 central government budget, which allocates NT$235.7 billion for the program.
Eligible recipients of the cash payments include Taiwanese citizens with household registration, foreign nationals with permanent residency, and certain residents with valid residence permits. Additionally, the program covers eligible spouses of Taiwanese citizens from China, Hong Kong, Macau, and other countries, as well as Taiwanese government employees serving overseas and their eligible dependents.
The government plans to offer five payment methods: bank-account registration, ATM withdrawals, post office withdrawals, direct deposits, and roster-based payments. A network of 17 financial institutions is expected to facilitate the ATM withdrawal option. The proposed timeline for the distribution depends on the legislature’s approval of the 2027 central government budget by January 5 and the president’s promulgation by January 20. If approved, pre-registration could begin on January 20, followed by registration for bank deposits on January 25. Payments could commence on January 26 through pre-registration, direct deposits, and roster-based distribution.
ATM withdrawals are expected to be available starting February 15, 2027, while post office withdrawals are scheduled to begin on February 22. The deadline for eligible residents to claim the payment is August 31, 2027. However, eligible newborns born by the end of 2027 will have until January 31, 2028, to receive the payment.