Foreigners Can Buy Property in Bali

Foreigners Can Buy Property in Bali

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Foreigners Can Buy Property in The island of Bali
A growing number of foreigners have found that it’s possible to buy property in Bali even holding a tourist visa. Though this might appear unusual, the process is fully legal under specific rules.

### How It Works

Technically, non-citizens are not allowed to own land directly in bali villa for sale Indonesia. However, with proper legal structures, foreigners can purchase property under a long-term lease agreement. This gives foreigners the right to use the land for a set period, typically up to 25 or 30 years, with options to renew.

For those on a tourist visa, it’s still possible to enter into such agreements. This is because buying property in Bali doesn’t mandate a residency visa—all you need is valid identification. However, it’s advised that you work with a qualified notary or property agent to make sure everything is above board.

### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the most common form of ownership for non-Indonesians is a leasehold arrangement. This allows the foreign buyer to lease land for a long-term period, after which they can choose to renew the lease.

While freehold ownership isn’t available to foreigners, leasing still provides many advantages. The terms can be negotiated between the investor and the landowner, and you can even transfer the leasehold rights to your heirs.

### Legal Assistance

Understanding the legal aspects can be confusing, particularly for foreigners. That’s why working with a trusted notary and a lawyer is crucial. They can guide you through the specific regulations and make sure that the deal is fully compliant with local legislation.

It’s recommended to work with a qualified property agent who understands the market and is experienced in handling foreign clients. This ensures you avoid any pitfalls and secure a good deal on your investment.

### Why Consider Bali Real Estate?

Despite the leasehold restrictions, buying property villa bali sale in Bali continues to be a popular option for foreigners. Bali’s growing tourism sector, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

A number of expats see Bali as a perfect place for vacation properties or rental investments. 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, there are clear ways for foreigners to acquire property in Bali through leasehold agreements, without needing a long-term visa.