Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali

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Foreigners Can Buy Property in Bali
Many non-Indonesian buyers are discovering that they can buy property in Bali while holding a tourist visa. Though this might appear surprising, the process is fully legal under certain conditions.

### How It Works

From a legal standpoint, non-citizens cannot legally own land in villa bali sale Indonesia. However, through a legal arrangement, foreigners can acquire real estate under a long-term leasehold system. This grants international buyers the ability to occupy the property for a set period, typically up to 25 or 30 years, with options to renew.

For those in Bali with a tourist visa, there’s still the opportunity to engage in these arrangements. This happens as the process of purchasing in Bali doesn’t require a long-term visa—all you need is your copyright and some paperwork. But, it’s advised that you work with a reputable notary or professional real estate agent to ensure everything is above board.

### Leasehold vs Freehold

As foreign investors aren’t allowed to buy freehold, the primary legal structure for non-Indonesians is a leasehold arrangement. 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, leasing still offers a lot of benefits. Conditions can be negotiated between the investor and the seller, and you can even transfer the leasehold rights to your heirs.

### Legal Assistance

Understanding the legal aspects can be confusing, especially for foreigners. 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 local legislation.

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 foreigners. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into a prime investment opportunity.

Many expats view the island as an ideal location for holiday homes or income-generating properties. With the right legal assistance, international buyers can securely 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 foreigners to acquire property in Bali using the leasehold system, even with a long-term visa.