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
A growing number of foreigners are discovering that they can invest in real estate in Bali even holding a tourist visa. While this may seem surprising, the process is fully legal under specific rules.

### How It Works

Technically, non-citizens are not allowed to legally own land in bali villa for sale Indonesia. However, with proper legal structures, foreigners can acquire real estate under a long-term lease agreement. This grants international buyers the right to use the land for a fixed term, typically up to several decades, with renewal options.

If you’re in Bali with a tourist visa, it’s still possible to engage in these arrangements. This is because buying property in Bali doesn’t require a long-term visa—all you need is valid identification. However, it’s advised that you seek help from a qualified notary or property agent to make sure everything is above board.

### Leasehold vs Freehold

As foreign investors cannot own freehold property, the most common form of ownership for foreigners is the leasehold. This provides the non-Indonesian owner to lease the property for a long-term period, after which they can choose to renew 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 seller, and you can even pass on the lease to your heirs.

### Seeking Professional Help

Understanding the legal aspects can be complex, especially for those unfamiliar with the regulations. That’s why consulting a reliable notary and a lawyer is crucial. They can help you understand the details of the law and make sure that the deal is in compliance with Indonesian law.

It’s also advisable to work with a qualified property agent who understands 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.

### The Benefits of Buying Property in Bali

Despite the foreign ownership limitations, buying property Buy Villa Bali in Bali remains highly attractive for foreigners. The island’s growing tourism sector, increasing real estate prices, and appealing island lifestyle make it a prime investment opportunity.

A number of expats view the island as an ideal location for holiday homes or income-generating properties. With the right legal assistance, foreigners can securely purchase property and benefit from Bali’s real estate market.

To sum up, while foreigners can’t own freehold property, there are legal pathways for international buyers to acquire property in Bali through leasehold agreements, even with a long-term visa.