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
Many non-Indonesian buyers are discovering that they can 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, non-citizens cannot legally own land in Buy Villa Bali Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term lease agreement. This grants international buyers the ability to occupy the property for a fixed term, typically up to 25 or 30 years, with options to renew.

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. But, it’s highly recommended that you work with a qualified notary or property 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 duration, after which they can opt to extend the lease.

While freehold ownership isn’t available to foreigners, leasing still offers a lot of benefits. Conditions can be negotiated between the investor and the landowner, and you can even transfer the leasehold rights to your heirs.

### Seeking Professional Help

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

It’s recommended 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 bali villa for sale in Bali remains highly attractive for international investors. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

Many expats view the island as an ideal location for vacation properties or income-generating properties. With the right legal assistance, international buyers can safely purchase property and enjoy the gains of Bali’s growing property market.

In conclusion, although direct freehold ownership is off-limits, many are discovering legal pathways for international buyers to acquire property in Bali through leasehold agreements, even with a residency permit.