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
A growing number of non-Indonesian buyers are discovering that they can buy property in Bali while 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 bali villa for sale Indonesia. However, with proper legal structures, non-Indonesian buyers are able to acquire real estate under a long-term leasehold system. This gives foreigners the right to use the land for a fixed term, usually up to several decades, with renewal options.

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 residency 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 the process is handled correctly.

### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the primary legal structure for foreigners 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, leasing still offers a lot of benefits. Conditions can be negotiated between the investor and the landowner, and you can even pass on the lease to family members.

### Legal Assistance

Understanding Indonesian property law can be complex, particularly for foreigners. That’s which is why working with a trusted notary and a lawyer is important. They can help you understand 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 continues to be a popular option for foreigners. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle make it a prime investment opportunity.

Many expats view the island as a perfect place 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.