Foreigners Can Buy Property in Bali

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Foreigners Can Buy Property in Bali
A growing number of foreigners have found that they can buy property in Bali while on a tourist visa. Though this might appear unusual, it’s entirely legal under specific rules.

### How It Works

Technically, non-citizens are not allowed to legally own land in Buy Villa Bali Indonesia. However, with proper legal structures, foreigners can acquire real estate under a long-term lease agreement. This gives international buyers the right to use the land for a fixed term, typically up to 25 or 30 years, with renewal options.

If you’re on a tourist visa, there’s still the opportunity to enter into such agreements. This is because buying property in Bali doesn’t mandate a long-term visa—you only need your copyright and some paperwork. But, it’s advised that you work with a reputable notary or property agent to ensure everything is above board.

### Understanding Leasehold Property

As foreign investors cannot own freehold property, the most common legal structure for foreigners is a leasehold arrangement. This provides the non-Indonesian owner to lease land for a fixed period, after which they can choose to renew the lease.

While freehold ownership isn’t available to foreigners, a leasehold agreement still offers a lot of benefits. The terms can be negotiated between the buyer and the landowner, and you can even pass on the lease to your heirs.

### Legal Assistance

Navigating the legal aspects can be complex, especially for those unfamiliar with the regulations. That’s which is why consulting a trusted notary and legal expert is crucial. They can help you understand the specific regulations and make sure that the property transaction is fully compliant with local legislation.

It’s recommended to work with a trusted real estate agent who understands the market and has experience with foreign buyers. This will help you stay clear of common issues and secure a good deal on your investment.

### The Benefits of Buying Property in Bali

Despite the foreign ownership limitations, investing in property bali villa for sale in Bali remains highly attractive for international investors. Bali’s booming tourism industry, rising property values, and appealing island lifestyle make it an excellent investment.

A number of expats see Bali as an ideal location for vacation properties or rental investments. With the right legal assistance, international buyers can safely make property investments and enjoy the gains of Bali’s growing property market.

In conclusion, while foreigners can’t own freehold property, many are discovering legal pathways for international buyers to invest in Bali through leasehold agreements, without needing a long-term visa.