Ownership Restrictions: Foreigners cannot directly own land in Indonesia, including Bali. However, there are options for property ownership, such as leasehold arrangements, utilizing a nominee, or setting up a foreign-owned company (PMA) to acquire pr
Leasehold: Foreigners can acquire property through a leasehold agreement, typically for up to 25 to 30 years, with an option to extend. This allows them to have control and use of the property.
Foreign-Owned Company (PMA): Establishing a PMA can allow foreigners to acquire property in Bali. However, this option can be complex and may require a substantial investment.
Land Titles: Land titles in Bali include Freehold (Hak Milik), Right to Build (Hak Guna Bangunan), and Right to Use (Hak Pakai). The most secure form of ownership is Freehold, but it is restricted for foreigners.
Zoning and Building Regulations: Bali has specific zoning regulations that dictate what can be built in certain areas. It’s crucial to understand these regulations when purchasing property for residential or commercial purposes.
Permits and Licensing: Proper permits and licenses are necessary for construction and renovation projects. Working with a local architect and contractor familiar with local regulations is advisable.
Land Size Restrictions: There may be minimum land size requirements for certain types of property, and you should ensure compliance with these regulations.
Taxes and Fees: Property transactions in Bali are subject to various taxes and fees, including acquisition tax and stamp duty.
Due Diligence: Before purchasing property, conduct thorough due diligence. Check for any encumbrances, legal disputes, or outstanding debts related to the property.
Land Certification: Ensure that the property has a proper land certificate (Sertifikat Hak Milik, Hak Guna Bangunan, or Hak Pakai) to establish ownership