Bali Bound? Make It Your Own Home! 🌴🏡

Bali is undoubtedly one of the most beautiful places in the world. With its pristine beaches, colorful culture, and picturesque landscapes, it attracts millions of tourists each year. But if you’re thinking of making Bali your permanent home, you may be wondering about your options for property ownership as a foreigner. Don’t worry, as there are several ways you can make this dream a reality.

Unlocking the Secrets of Foreign Ownership in Bali 🗝️💼

The Indonesian government allows foreigners to own property in Bali, but there are some restrictions that you need to be aware of. You can purchase property as a leasehold or a freehold. Leasehold properties give you the right to use the land for a specific period, generally 25-30 years, but you won’t own the land. Freehold properties, on the other hand, give you complete ownership of the land.

If you’re looking for a long-term investment, freehold properties are the way to go. However, they are more expensive than leasehold properties. The government also requires that you have an Indonesian nominee or a local company to hold the land title in their name. This is a common practice and is legal as long as you have a trustworthy and reputable nominee.

Another option is to purchase a property under a PMA (Penanaman Modal Asing) company. This allows you to own the land and the property outright, and you can operate a business in Bali as well. However, this option requires a significant amount of investment and legal paperwork.

Bali for all: Exploring property ownership options for foreigners!

Owning a property in Bali is a dream come true for many people. With the right information and the right help, it can be a smooth and enjoyable process. Whether you choose to invest in a leasehold or a freehold property, or go for a PMA company, make sure to work with a reputable and experienced real estate agent or lawyer. With their guidance, you can make your Bali dream come true and turn it into your own home.