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 foreigners are discovering that it’s possible to invest in real estate in Bali while holding a tourist visa. Though this might appear surprising, it’s entirely legal under certain conditions.

### How It Works

Technically, foreigners are not allowed to own land directly in Buy Villa Bali 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 renewal options.

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—all you need is your copyright and some paperwork. 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 cannot own freehold property, the primary form of ownership for foreigners is a leasehold arrangement. This provides the foreign buyer to lease the property for a fixed period, after which they can opt to extend the lease.

Owning property outright 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, especially for those unfamiliar with the regulations. That’s why consulting a reliable notary and legal expert is important. They can help you understand the details of the law and make sure that the deal is in compliance with local legislation.

It’s also advisable 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 villa bali sale in Bali remains highly attractive for international investors. The island’s growing tourism sector, rising property values, and appealing island lifestyle turn it into an excellent investment.

A number of expats see Bali as a perfect place for vacation properties or rental investments. By securing proper legal support, foreigners can safely make property investments and benefit from Bali’s real estate market.

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