Foreigners Can Buy Property in The island of Bali

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Foreigners Can Buy Property in Bali
A growing number of non-Indonesian buyers are discovering that it’s possible to buy property in Bali while on a tourist visa. Though this might appear surprising, it’s entirely legal under specific rules.

### How It Works

Technically, non-citizens cannot own land directly in villa bali sale Indonesia. However, through a legal arrangement, foreigners can acquire real estate under a long-term lease agreement. This gives foreigners the ability to occupy the property for a set period, usually 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 is because buying property in Bali doesn’t mandate a long-term visa—you only need valid identification. But, it’s advised that you work with a qualified notary or property agent to ensure everything is above board.

### Leasehold vs Freehold

Since foreign buyers aren’t allowed to buy freehold, the primary legal structure for foreigners is the leasehold. This allows the foreign buyer to lease land for a fixed period, at the end of which they can opt to extend the lease.

Owning property outright remains restricted for non-citizens, a leasehold agreement still provides a lot of benefits. Conditions can be negotiated between the buyer and the seller, and in some cases, you might transfer the leasehold rights to family members.

### Legal Assistance

Navigating the legal aspects can be confusing, particularly for those unfamiliar with the regulations. That’s why consulting a trusted notary and a lawyer is important. They can help you understand the specific regulations and make sure that the property transaction is fully compliant with Indonesian law.

It’s also advisable to work with a qualified property agent who understands the market and has experience with foreign buyers. This ensures you avoid any pitfalls and get the best deal on your property purchase.

### Why Consider Bali Real Estate?

Despite the foreign ownership limitations, buying property Buy Villa Bali in Bali continues to be a popular option for foreigners. The island’s growing tourism sector, rising property values, and appealing island lifestyle turn it into an excellent investment.

A number of expats see Bali as a perfect place for holiday homes or rental investments. With the right legal assistance, foreigners can securely 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.