Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali

Blog Article

Foreigners Can Buy Property in The island of Bali
Many foreigners have found that they can invest in real estate in Bali even holding a tourist visa. While this may seem unusual, the process is fully legal under certain conditions.

### How It Works

Technically, foreigners cannot legally own land in bali villa for sale Indonesia. However, with proper legal structures, foreigners can purchase property under a long-term lease agreement. This gives international buyers the ability to occupy the property for a fixed term, usually up to several decades, with renewal options.

If you’re in Bali with a tourist visa, it’s still possible to enter into such agreements. This is because the process of purchasing in Bali doesn’t require a long-term visa—all you need is your copyright and some paperwork. However, it’s advised that you seek help from a reputable notary or property agent to ensure the process is handled correctly.

### Leasehold vs Freehold

As foreign investors cannot own freehold property, the primary legal structure for foreigners is a leasehold arrangement. This allows the non-Indonesian owner to lease the property for a fixed period, after which they can choose to renew the lease.

Owning property outright isn’t available to foreigners, leasing still provides many advantages. The terms can be worked out between the investor and the landowner, and in some cases, you might pass on the lease to your heirs.

### Legal Assistance

Understanding Indonesian property law can be complex, particularly for those unfamiliar with the regulations. That’s why consulting a reliable notary and a lawyer is important. They can help you understand the details of the law and make sure that the deal is fully compliant with Indonesian law.

It’s recommended to work with a trusted real estate agent who understands Bali’s real estate market and is experienced in handling foreign clients. This ensures you stay clear of common issues and secure a good deal on your property purchase.

### Why Consider Bali Real Estate?

In light of the leasehold restrictions, buying property villa bali sale in Bali continues to be a popular option for international investors. Bali’s booming tourism industry, rising property values, and appealing island lifestyle turn it into an excellent investment.

A number of expats view the island as a perfect place for holiday homes or rental investments. By securing proper legal support, international buyers can safely make property investments and enjoy the gains of Bali’s growing property market.

In conclusion, while foreigners can’t own freehold property, many are discovering legal pathways for international buyers to invest in Bali using the leasehold system, even with a residency permit.