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 Bali
Many non-Indonesian buyers have found that they can buy property in Bali even on a tourist visa. While this may seem unusual, the process is fully legal under specific rules.

### The Buying Process

From a legal standpoint, non-citizens are not allowed to own land directly in bali villa for sale Indonesia. However, with proper legal structures, non-Indonesian buyers are able to purchase property under a long-term lease agreement. This gives foreigners the right to occupy the property for a fixed term, usually up to several decades, with options to renew.

For those on a tourist visa, it’s still possible to enter into such agreements. This happens as buying property in Bali doesn’t mandate a long-term visa—you only need valid identification. But, it’s highly recommended that you work with a qualified notary or professional real estate agent to make sure everything is above board.

### Leasehold vs Freehold

Since foreign buyers 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 long-term duration, at the end of which they can choose to renew the lease.

While freehold ownership remains restricted for non-citizens, leasing still offers many advantages. The terms can be negotiated between the investor and the landowner, and in some cases, you might pass on the lease to your heirs.

### Seeking Professional Help

Navigating Indonesian property law can be complex, particularly for foreigners. That’s 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 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 foreigners. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into a prime investment opportunity.

Many expats view the island as an ideal location for holiday homes or income-generating properties. With the right legal assistance, foreigners can securely purchase property and enjoy the gains of Bali’s growing property market.

To sum up, while foreigners can’t own freehold property, many are discovering clear ways for foreigners to invest in Bali using the leasehold system, without needing a long-term visa.