Foreigners Can Buy Property in Bali

Wiki Article

Foreigners Can Buy Property in The island of Bali
Many non-Indonesian buyers are discovering that it’s possible to buy property in Bali even holding 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 legally own land in villa bali sale Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term leasehold system. This grants international buyers the ability to occupy the property 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 enter into such agreements. This is because the process of purchasing in Bali doesn’t require a long-term visa—you only need valid identification. However, it’s advised that you work with a qualified notary or property agent to ensure everything is above board.

### Leasehold vs Freehold

As foreign investors aren’t allowed to buy freehold, the primary form of ownership for non-Indonesians is the leasehold. This allows the foreign buyer to lease land for a fixed period, after which they can choose to renew the lease.

While freehold ownership isn’t available to foreigners, leasing still provides a lot of benefits. The terms can be worked out between the investor and the landowner, and you can even pass on the lease to family members.

### Legal Assistance

Navigating Indonesian property law can be confusing, especially for foreigners. That’s which is why working with a reliable notary and legal expert is important. They can help you understand the details of the law and ensure that the property transaction is fully compliant with local legislation.

It’s also advisable to work with 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 secure a good deal on your investment.

### Why Consider Bali Real Estate?

Despite the foreign ownership limitations, investing in property Buy Villa Bali in Bali continues to be a popular option for foreigners. The island’s growing tourism sector, rising property values, and tropical lifestyle turn it into an excellent investment.

A number of expats see Bali as a perfect place for holiday homes or income-generating properties. With the right legal assistance, international buyers can safely make property investments and benefit from Bali’s real estate market.

To sum up, while foreigners can’t own freehold property, many are discovering legal pathways for foreigners to acquire property in Bali through leasehold agreements, without needing a residency permit.