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 have found that it’s possible to invest in real estate in Bali while holding a tourist visa. While this may seem surprising, it’s entirely legal under certain conditions.

### The Buying Process

Technically, non-citizens are not allowed to own land directly in Buy Villa Bali Indonesia. However, with proper legal structures, non-Indonesian buyers are able to purchase property under a long-term leasehold system. This grants foreigners the right to occupy the property for a set period, typically up to several decades, with options to renew.

If you’re on a tourist visa, there’s still the opportunity to engage in these arrangements. This is because buying property in Bali doesn’t require a residency visa—you only need valid identification. However, it’s advised that you seek help from a qualified notary or property agent to ensure the process is handled correctly.

### Understanding Leasehold Property

As foreign investors cannot own freehold property, the most common legal structure for non-Indonesians is the leasehold. This provides the foreign buyer to lease land for a fixed duration, after which they can opt to extend the lease.

While freehold ownership remains restricted for non-citizens, leasing still provides many advantages. The terms can be worked out between the buyer and the landowner, and you can even pass on the lease to your heirs.

### Legal Assistance

Navigating the legal aspects can be confusing, particularly for foreigners. That’s why consulting a reliable notary and a lawyer is crucial. They can guide you through the specific regulations and ensure that the property transaction is in compliance with local legislation.

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

### Why Consider Bali Real Estate?

In light of the leasehold restrictions, buying property Buy Villa Bali in Bali remains highly attractive for international investors. The island’s growing tourism sector, rising property values, and tropical lifestyle make it an excellent investment.

Many expats see Bali as an ideal location 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.

To sum up, although direct freehold ownership is off-limits, there are legal pathways for foreigners to invest in Bali using the leasehold system, without needing a residency permit.