Foreigners Can Buy Property in The island of Bali

Foreigners Can Buy Property in The island of Bali

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Foreigners Can Buy Property in The island of Bali
Many non-Indonesian buyers have found that they can buy property in Bali even holding a tourist visa. Though this might appear surprising, the process is fully legal under specific rules.

### The Buying Process

From a legal standpoint, non-citizens cannot legally own land in villa bali sale Indonesia. However, with proper legal structures, non-Indonesian buyers are able to acquire real estate under a long-term leasehold system. This grants international buyers the right to use the land for a set period, typically up to several decades, with options to renew.

If you’re in Bali with a tourist visa, there’s still the opportunity to engage in these arrangements. This happens as the process of purchasing in Bali doesn’t require a long-term visa—you only need your copyright and some paperwork. But, it’s advised that you seek help from a reputable notary or professional real estate agent to ensure everything is above board.

### Leasehold vs Freehold

As foreign investors aren’t allowed to buy freehold, the primary legal structure for non-Indonesians is a leasehold arrangement. This allows the foreign buyer to lease land for a fixed duration, at the end of which they can opt to extend the lease.

While freehold ownership 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 landowner, and in some cases, you might pass on the lease to family members.

### Seeking Professional Help

Navigating Indonesian property law can be complex, particularly for those unfamiliar with the regulations. That’s why consulting a reliable notary and legal expert is crucial. They can guide you through the details of the law and make sure that the deal is in compliance with local legislation.

It’s also advisable to work with a trusted real estate agent who has expertise in the 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 international investors. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

Many expats view the island as an ideal location for vacation properties or income-generating properties. 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, without needing a residency permit.