Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali

Blog Article

Foreigners Can Buy Property in Bali
Many non-Indonesian buyers are discovering that they can invest in real estate in Bali while holding a tourist visa. While this may seem unusual, the process is fully legal under specific rules.

### The Buying Process

Technically, foreigners cannot legally own land in bali villa for sale Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term leasehold system. This gives international buyers the ability to use the land for a set period, typically up to 25 or 30 years, with options to renew.

For those on a tourist visa, it’s still possible to engage in these arrangements. This happens as buying property in Bali doesn’t require a long-term visa—you only need your copyright and some paperwork. But, it’s advised that you work with a reputable notary or professional real estate agent to make sure everything is above board.

### Leasehold vs Freehold

As foreign investors aren’t allowed to buy freehold, the most common 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.

Owning property outright remains restricted for non-citizens, a leasehold agreement still provides many advantages. The terms can be worked out between the buyer and the landowner, and in some cases, you might pass on the lease to family members.

### Legal Assistance

Navigating Indonesian property law can be complex, particularly for foreigners. That’s which is why working with a trusted notary and a lawyer is crucial. They can guide you through the specific regulations and ensure that the property transaction is fully compliant with Indonesian law.

It’s recommended to hire a qualified property agent who understands Bali’s real estate market and has experience with foreign buyers. This ensures you avoid any pitfalls and secure a good deal on your investment.

### Why Consider Bali Real Estate?

Despite the foreign ownership limitations, buying property bali villa for sale in Bali remains highly attractive for foreigners. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into a prime investment opportunity.

Many expats view the island as a perfect place for holiday homes or income-generating properties. With the right legal assistance, foreigners can securely purchase property and enjoy the gains of Bali’s growing property market.

To sum up, while foreigners can’t own freehold property, many are discovering clear ways for foreigners to invest in Bali using the leasehold system, without needing a long-term visa.