Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali

Blog Article

Foreigners Can Buy Property in The island of Bali
A growing number of foreigners have found that it’s possible to invest in real estate in Bali even on a tourist visa. While this may seem unusual, the process is fully legal under specific rules.

### The Buying Process

Technically, foreigners are not allowed to own land directly in bali villa for sale Indonesia. However, with proper legal structures, foreigners can purchase property under a long-term lease agreement. This gives foreigners the right to occupy the property for a fixed term, usually up to several decades, with options to renew.

For those on a tourist visa, it’s still possible to enter into such agreements. This happens as buying property in Bali doesn’t mandate a long-term visa—you only need your copyright and some paperwork. But, it’s highly recommended that you work with a qualified notary or professional real estate agent to make sure everything is above board.

### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the primary legal structure for non-Indonesians is a leasehold arrangement. This allows the non-Indonesian owner to lease land for a long-term period, at the end of which they can choose to renew the lease.

While freehold ownership remains restricted for non-citizens, leasing still offers many advantages. The terms can be negotiated between the investor and the landowner, and in some cases, you might transfer the leasehold rights to your heirs.

### Seeking Professional Help

Navigating Indonesian property law can be complex, especially for those unfamiliar with the regulations. That’s why consulting a reliable notary and legal expert is crucial. They can guide you through the specific regulations and ensure that the property transaction is fully compliant with local legislation.

It’s also advisable to work with a trusted real estate agent who has expertise in the market and is experienced in handling foreign clients. This will help you stay clear of common issues and get the best deal on your property purchase.

### The Benefits of Buying Property in Bali

In light of the leasehold restrictions, investing in property Buy Villa Bali in Bali remains highly attractive for international investors. The island’s growing tourism sector, rising property values, and appealing island lifestyle make it an excellent investment.

A number of expats see Bali as a perfect place for vacation properties or rental investments. By securing proper legal support, international buyers can safely make property investments and benefit from Bali’s real estate market.

In conclusion, although direct freehold ownership is off-limits, there are legal pathways for international buyers to acquire property in Bali through leasehold agreements, without needing a residency permit.