Foreigners Can Buy Property in Bali

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Foreigners Can Buy Property in Bali
A growing number of foreigners are discovering that it’s possible to invest in real estate in Bali while 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 Buy Villa Bali Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term lease agreement. 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 buying property in Bali doesn’t require a long-term visa—you only need your copyright and some paperwork. But, it’s advised that you work with a reputable notary or professional real estate agent to make sure everything is above board.

### Leasehold vs Freehold

As foreign investors aren’t allowed to buy freehold, the primary legal structure for foreigners is a leasehold arrangement. This allows the foreign buyer to lease land for a fixed 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 landowner, and you can even transfer the leasehold rights to your heirs.

### Seeking Professional Help

Understanding the legal aspects can be confusing, especially for those unfamiliar with the regulations. 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 international investors. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

A number of expats view the island as an ideal location for vacation properties or rental investments. With the right legal assistance, international buyers can safely make property investments and benefit from Bali’s real estate market.

To sum up, while foreigners can’t own freehold property, many are discovering clear ways for foreigners to invest in Bali using the leasehold system, without needing a long-term visa.