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 invest in real estate in Bali while on a tourist visa. Though this might appear unusual, the process is fully legal under specific rules.

### How It Works

Technically, non-citizens cannot own land directly in bali villa for sale Indonesia. However, with proper legal structures, foreigners can purchase property under a long-term leasehold system. This grants foreigners the right to occupy the property for a fixed term, typically up to 25 or 30 years, with renewal options.

For those in Bali with a tourist visa, there’s still the opportunity to engage in these arrangements. This happens as buying property in Bali doesn’t require a residency visa—you only need valid identification. But, it’s advised 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 most common legal structure for non-Indonesians is a leasehold arrangement. This provides the foreign buyer to lease the property for a long-term duration, after which they can opt to extend the lease.

Owning property outright remains restricted for non-citizens, leasing still offers a lot of benefits. The terms can be worked out between the buyer and the landowner, and you can even pass on the lease to family members.

### Seeking Professional Help

Understanding the legal aspects can be complex, particularly for those unfamiliar with the regulations. That’s why working with a reliable notary and a lawyer is crucial. They can guide you through the specific regulations and ensure that the deal is fully compliant with local legislation.

It’s also advisable to hire a trusted real estate agent who understands the market and is experienced in handling foreign clients. This ensures you avoid any pitfalls and get the best deal on your investment.

### The Benefits of Buying Property in Bali

Despite the leasehold restrictions, investing in property bali villa for sale in Bali continues to be a popular option for foreigners. The island’s growing tourism sector, increasing real estate prices, and appealing island lifestyle make it an excellent investment.

A number of expats view the island as a perfect place for vacation properties or income-generating properties. By securing proper legal support, international buyers can securely make property investments and benefit from Bali’s real estate market.

In conclusion, although direct freehold ownership is off-limits, there are clear ways for foreigners to acquire property in Bali through leasehold agreements, without needing a residency permit.