Move into an Australian retirement village for 11 million, get 10 million back after 6 years? Can Taiwan learn from this?-2

Australian society places a greater emphasis on individual independence, leading many elders to plan their retirement and aged care arrangements in advance to maintain their autonomy and reduce the care burden on their children. Chang Wei-fu, Chairman of the Australian Chamber of Commerce in Taiwan and Vice Chairman of the Taiwan M&A and Private Equity Association, points out that unlike the Chinese preference for owning real estate as an investment tool, Australians have a weaker concept of this and do not believe they must leave property to their children. Selling their large family home to move into a retirement village becomes a reasonable choice. He explains the benefits: firstly, as more housing stock is released, young people will have more living options. Secondly, the price of Australian retirement villages is about 60% of that of regular housing, and the remaining 40% can be flexibly used for things like healthcare or left to children. Move in with NT$11 million and get your principal back when you leave? Customs and culture form the foundation, giving rise to systems with distinctly Australian characteristics. Amol Maheshwari, manager of Rosemount Community, part of Wesley Mission Queensland, states that the common model is for residents to pay an upfront entrance fee to secure residency, then pay regular service fees covering utilities, cleaning, maintenance, and insurance. Upon departure, a management fee is deducted based on the length of stay, and the remainder is returned.