On the island of Bali, there are currently no laws that prohibit foreigners from acquiring real estate. However, there are some features that must be considered when purchasing property on the island. For some foreigners it will be provided for rent, for others it will be possible to buy property. However, it should be remembered that in order to buy, sell or rent property in Bali, additional rights and permits must be obtained. Due to the strong growth of the tourist business in Bali, many foreigners are considering buying or renting property on this island. If you are a foreigner and are interested in buying or renting a property in Bali, then all you need is to obtain the appropriate permit or additional right of ownership. Indonesian laws provide for construction only for foreigners under certain conditions.
For foreigners, it is extremely important that the laws are correctly applied and that the process of obtaining property proceeds without violations. There are two main paths: the first is through the leasehold, which gives you the right to lease and control the property for a long time, but does not give you any rights to the land where your property is located, and the second is through the ownership of a foreign company in Bali . In this case, you will be able to own the property with virtually no restrictions, using it for any purpose, including business or single ownership. However, the main condition for foreigners is to find and register a company in order to be allowed to buy property in Bali.
In general, property ownership in Bali is possible for foreigners, and additional rights and other requirements must be obtained for this. But it's very important
Arturov Marat
CEOTekebaev Gleb
Business analystUmnikova Olesya
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