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 The island of Bali
Many non-Indonesian buyers have found that they can invest in real estate in Bali even on a tourist visa. Though this might appear unusual, the process is fully legal under specific rules.

### How It Works

Technically, non-citizens cannot own land directly in bali villa for sale Indonesia. However, with proper legal structures, foreigners can purchase property under a long-term leasehold system. This grants international buyers the right to use the land for a set period, usually up to several decades, with renewal options.

For those on a tourist visa, it’s still possible to engage in these arrangements. This happens as buying property in Bali doesn’t mandate a long-term visa—you only need valid identification. However, it’s advised that you work with a qualified notary or property agent to ensure everything is above board.

### Understanding Leasehold Property

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

Owning property outright remains restricted for non-citizens, leasing still provides a lot of benefits. The terms can be negotiated between the investor and the seller, and in some cases, you might pass on the lease to your heirs.

### Legal Assistance

Understanding Indonesian property law can be complex, especially for foreigners. That’s which is why consulting a reliable notary and a lawyer is important. They can guide you through the details of the law and ensure that the property transaction is in compliance with local legislation.

It’s recommended to hire a trusted real estate agent who has expertise in the market and has experience with foreign buyers. This will help you stay clear of common issues and get the best deal on your investment.

### Why Consider Bali Real Estate?

Despite the foreign ownership limitations, investing in property Buy Villa Bali in Bali continues to be a popular option for foreigners. 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 an ideal location for vacation properties or rental investments. By securing proper legal support, foreigners can securely purchase property and enjoy the gains of Bali’s growing property market.

In conclusion, although direct freehold ownership is off-limits, there are clear ways for foreigners to acquire property in Bali through leasehold agreements, even with a residency permit.