Many non-Indonesian buyers have found that they can buy property in Bali even on a tourist visa. While this may seem surprising, the process is fully legal under specific rules.
### The Buying Process
From a legal standpoint, non-citizens cannot legally own land in bali villa for sale Indonesia. However, with proper legal structures, non-Indonesian buyers are able to acquire real estate under a long-term leasehold system. This gives foreigners the right to use the land for a set period, usually up to several decades, with renewal options.
If you’re in Bali with a tourist visa, there’s still the opportunity to enter into such agreements. This is because the process of purchasing in Bali doesn’t require a residency visa—all you need is valid identification. However, it’s highly recommended that you work with a qualified notary or professional real estate agent to make sure the process is handled correctly.
### Leasehold vs Freehold
Since foreign buyers cannot own freehold property, the primary legal structure for foreigners is a leasehold arrangement. This provides the foreign buyer to lease the property for a fixed duration, after which they can opt to extend the lease.
While freehold ownership isn’t available to foreigners, leasing still provides a lot of benefits. Conditions can be negotiated between the buyer and the seller, and you can even pass on the lease to family members.
### Legal Assistance
Understanding the legal aspects can be complex, particularly for foreigners. That’s which is why working with a trusted notary and a lawyer is important. They can guide you through the specific regulations and ensure that the property transaction is fully compliant with Indonesian law.
It’s recommended to hire a qualified property agent who understands Bali’s real estate market and is experienced in handling foreign clients. This will help you stay clear of common issues and get the best deal on your property purchase.
### The Benefits of Buying Property in Bali
Despite the foreign ownership limitations, buying property villa bali sale in Bali remains highly attractive for international investors. The island’s growing tourism sector, rising property values, 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.
In conclusion, although direct freehold ownership is off-limits, there are legal pathways for international buyers to acquire property in Bali through leasehold agreements, even with a residency permit.