FOREIGNERS CAN BUY PROPERTY IN THE ISLAND OF BALI

Foreigners Can Buy Property in The island of Bali

Foreigners Can Buy Property in The island of Bali

Blog Article

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

### The Buying Process

From a legal standpoint, non-citizens cannot own land directly in bali villa for sale Indonesia. However, with proper legal structures, non-Indonesian buyers are able to acquire real estate under a long-term leasehold system. This gives foreigners the right to use the land for a fixed term, usually 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 highly recommended that you work with a qualified notary or professional real estate agent to make sure the process is handled correctly.





### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the primary legal structure for foreigners is a leasehold arrangement. This provides the foreign buyer to lease the property for a fixed duration, after which they can opt to extend the lease.

While freehold ownership isn’t available to foreigners, leasing still provides a lot of benefits. Conditions can be negotiated between the buyer and the seller, and you can even transfer the leasehold rights to family members.

### Legal Assistance

Understanding the legal aspects can be confusing, particularly for foreigners. That’s which is why working with a trusted notary and a lawyer is important. They can help you understand the details of the law 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 villa bali sale in Bali remains highly attractive for international investors. The island’s growing tourism sector, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

A number of expats view the island as an ideal location for vacation properties or rental investments. With the right legal assistance, international buyers can safely purchase property 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, even with a residency permit.

Report this page