FOREIGNERS BUY LAND IN BALI
Guide for Foreigners: Buying Land in Bali
Are you a foreigner dreaming of owning a piece of paradise? Here’s what you need to know about how foreigners buy land in Bali. Indonesian law restricts direct ownership of land by foreigners, but there are legal ways for foreigners to buy land in Bali and enjoy the island’s beauty.
One common method is through a long-term lease agreement (Hak Sewa), allowing foreigners to lease land for up to 25 years, with the option to extend. Another popular option is using a local nominee. In this setup, an Indonesian citizen holds the land title on behalf of the foreigner. However, it’s essential to establish a legal agreement to protect your investment.
Foreigners can also buy land in Bali through a foreign-owned company (PMA). This method allows the company to hold the land title under Hak Guna Bangunan (HGB), a right to build and use the land for up to 80 years. This is a secure and legally recognized way for foreigners to buy land in Bali.
Navigating the legal landscape can be complex, so it’s crucial to consult with legal experts and trusted real estate agents to ensure a smooth process. With the right approach, foreigners buying land in Bali can turn their dreams into reality and enjoy a slice of this tropical paradise.