To make it short:
Yes, foreigners can buy property in Bali!
There are legal restrictions and specific ownership structures to consider due to Indonesian laws. Here's an overview:
Foreign Ownership Options in Bali:
Hak Pakai (Right to Use):
This is the most common way for foreigners to acquire property in Indonesia.
You can lease land or property for a long-term period (up to 25 years, extendable up to 80 years).
The property remains under your control, but ownership of the land belongs to an Indonesian citizen.
Hak Guna Bangunan (Right to Build):
This allows foreigners to build and use structures on land owned by an Indonesian citizen or entity.
It is typically valid for 30 years and renewable for up to 50 years.
Setting Up an Indonesian Company (PT PMA):
Foreigners can establish a foreign-owned company (PT PMA) to purchase property legally. Contact one of our suggested legal services for detailed information: https://rumah3d.com/services/real-estate-legal-bali
This option is ideal for large investments, like villas or resorts, and allows for full operational control of the property.
Steps to Buy Property as a Foreigner:
Choose a Reliable Agent: Work with licensed real estate agents or platforms like Rumah3D.com to find the right property.
Perform Due Diligence: Verify land titles, ownership status, and compliance with zoning laws with your legal advisor.
Sign a Lease or Agreement: Ensure the agreement reflects the ownership structure and lease terms.
Foreigners can legally acquire property in Bali, but they must navigate Indonesian regulations and ownership structures. Common options include leasing property through Hak Pakai (Right to Use), building on land via Hak Guna Bangunan (Right to Build), or establishing a foreign-owned company (PT PMA) for larger investments. Each method offers specific benefits and limitations. To ensure compliance and a smooth process, it is essential to work with licensed agents and legal advisors to conduct due diligence, verify documents, and finalize agreements.
