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 even on 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 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 grants international buyers the ability to occupy the property for a fixed term, usually up to 25 or 30 years, with options to renew.

For those on a tourist visa, it’s still possible to enter into such agreements. This is because the process of purchasing in Bali doesn’t mandate a residency visa—all you need is your copyright and some paperwork. However, it’s advised that you work with a reputable notary or professional real estate agent to ensure the process is handled correctly.

### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the primary form of ownership for non-Indonesians is the leasehold. This allows the foreign buyer to lease land for a long-term duration, at the end of which they can opt to extend the lease.

While freehold ownership isn’t available to foreigners, a leasehold agreement still provides many advantages. The terms can be worked out between the investor and the landowner, and in some cases, you might transfer the leasehold rights to your heirs.

### Seeking Professional Help

Understanding the legal aspects can be confusing, especially for foreigners. That’s which is why working with a trusted notary and legal expert is crucial. They can guide you through the specific regulations and ensure that the deal is in compliance with local legislation.

It’s also advisable to work with a trusted real estate agent who has expertise in 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 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, international buyers can safely make property investments and benefit from Bali’s real estate market.

In conclusion, although direct freehold ownership is off-limits, there are clear ways for international buyers to invest in Bali using the leasehold system, without needing a long-term visa.