Owning Property In Bali. There are several conditions that must be met The following are the conditions required for Property Ownership by Foreigners Only purchase property with Hak Pakai (The Right to Use) Leasehold and HGB (Right to Build) certificate titles Have a valid KITAS visa (Temporary Residency Permit) Only villas land houses and apartments can be purchased.
However because nonIndonesians may not actually own property (Hak Milik) under Indonesian law without the help of a nominee or under a foreign investment company structure the most common way foreigners buy property in Bali is to have a leasehold agreement under the title of Hak Pakai (Right to Use).
Ownership in Bali : What is Hak Pakai? Buying Property
It is not authorised for a foreigner to own property in Bali Any freehold transaction is unlawful You can only lease land or a villa in Bali If you buy an existing villa do not buy if there’s no IMB Don’t buy land in a green zone Don’t use just any notary or agent.
Owning A Property in Bali: Understand the Interior Game
SEVEN STONES INDONESIA is headquartered in Bali and specializes in residential and commercial property sales and rentals both in Bali and neighbouring islands The company offers legal marketing and fund management services and covers a wide range of investment opportunities from offplan developments to infrastructure projects.
Owning Property In Bali InTouch Realty
The most straightforward way to buy a property in Bali is to go for a condominium While foreigners buying condos is still a little bit of a legal grey area this is far easier than trying to buy a freehold villa or land to build Property law changes all the time so do check what is possible under the prevailing legislation.
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