Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali
Many non-Indonesian buyers have found that it’s possible to buy property in Bali even holding 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 several decades, with renewal options.

If you’re in Bali with a tourist visa, there’s still the opportunity 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 seek help from a reputable notary or professional real estate agent to make sure everything is above board.

### Leasehold vs Freehold

Since foreign buyers cannot own freehold property, the primary form of ownership for foreigners is the leasehold. This allows the non-Indonesian owner 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 provides a lot of benefits. 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, particularly for foreigners. That’s which is why working with a reliable notary and legal expert is crucial. They can guide you through 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 is experienced in handling foreign clients. This will help you stay clear of common issues and get the best deal on your property purchase.

### The Benefits of Buying Property in Bali

In light of the foreign ownership limitations, buying property bali villa for 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 see Bali as a perfect place for holiday homes or income-generating properties. With the right legal assistance, international buyers can securely purchase property 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.