What should foreigners consider when buying property in Bali?
I’ve always dreamed of owning a property in Bali, but I’ve heard that the legal system can be complicated for foreigners. What’s the best way to invest in property there? Are there restrictions, and how do people usually work around them?
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Buying property in Bali as a foreigner isn’t as simple as in other countries due to land ownership laws. Foreigners can’t directly own land but can secure long-term leases (Hak Sewa) or set up an Indonesian company (PT PMA) to buy property legally. Another popular method is using a nominee structure, but this carries risks. Additionally, Bali’s market is booming, so choosing the right location is crucial—Canggu and Uluwatu are top picks for investment, while Ubud is great for a quieter lifestyle. For a deeper dive into the legal aspects and investment strategies, this guide is quite helpful: https://worldestate.homes/en/news/buying-property-in-bali-what-should-foreigners-consider/