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 non-Indonesian buyers are discovering that it’s possible to invest in real estate in Bali even holding a tourist visa. Though this might appear unusual, the process is fully legal under specific rules.

### How It Works

Technically, foreigners cannot legally own land in villa bali sale Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term leasehold system. This gives foreigners the right 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 enter into such agreements. This is because the process of purchasing in Bali doesn’t mandate a residency visa—all you need is valid identification. However, it’s highly recommended that you seek help from a qualified notary or property agent to ensure the process is handled correctly.

### Understanding Leasehold Property

Since foreign buyers cannot own freehold property, the most common form of ownership for foreigners is the leasehold. This provides the non-Indonesian owner to lease the property for a fixed period, after which they can opt to extend the lease.

Owning property outright isn’t available to foreigners, a leasehold agreement still provides a lot of benefits. The terms can be worked out between the buyer and the seller, and in some cases, you might pass on the lease to family members.

### Legal Assistance

Navigating the legal aspects can be confusing, especially for foreigners. That’s which is 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 Indonesian law.

It’s recommended to hire a qualified property agent who understands Bali’s real estate market and is experienced in handling foreign clients. This will help you stay clear of common issues and get the best 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, rising property values, 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. 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, even with a residency permit.