Eternity Law International News Buying property on Bali in 2023

Buying property on Bali in 2023

Published:
November 19, 2022

Bali is an attractive island not only for recreation, but also for investments in estate. Consider how buying property in Bali safely to avoid mistakes.

Real estate in Bali for foreigners

Many people from other countries, deciding to buy a house in Bali, think that just a local representative is enough. But this is very risky, since a local nominal owner can easily intercept property, and in this case a foreigner is completely powerless in matters of protecting himself and investments. How safe is it to buy real estate?

Great option for foreigners to invest in local real estate is the services of a specialized company that will help to issue all the required certificates and obtain a license.

Process of investing 

To obtain a permit to build or use a building, you will need to take several important steps.

  1. Sending the appropriate forms to BPN requesting a home certificate, incl. all selling documents.
  2. Proof of acquisition and eligibility for Hak Guna Bagunan or Hak Pakai.
  3. Obtaining a building permit PBG. BPN will issue a reference for your business.

Why is it dangerous to buy land in Bali through local representatives

Since foreign businesspersons are not allowed to buy ownership land, many investors from other countries think that they should use the services of local nominees. Even if you have complete confidence in your representative, it is better not to buy land in his name.

Relationships with a trusted person can deteriorate at any time. Divorce, death, quarrel – in such cases, third parties may also appear, for whom it is more profitable to take possession of your property than a representative. A trustee does not always have positive intentions, and there will be no evidence that the acquired property is yours, so you are unlikely to be able to protect your interests. In the worst case, you can lose all investments, so a trustee is not the best option.

Interested in how to buy a villa in Bali?

The only effective way in which citizens of other countries can confidently and safely invest in real estate or acquire land in Bali is to cooperate with a specialized company that knows all aspects of registration, registration and licensing of such purchases. Property that is owned by a foreign person cannot be freehold property, but a building permit and a use permit give you the clearest legal basis.

If you register a PT PMA, you can protect your own investment and have enough time to either use the property yourself or sell it to a new person.

Professionals who have been working in our company for many years will help you with advice on buying property in Bali and how to protect your funds as much as possible, through the study of legal objects through clear due diligence, custom draft legal documents and drafting legal documents.

  1. The study and proper analysis of the acquired property will help to understand its historical origin, make an accurate assessment of its condition and prevent disputes in the future.
  2. We also develop a legal text or a Memorandum of Understanding (MOU) as a basis for cooperation.
  3. Specialized services for the execution of acts, registration or legalization of all documents and obtaining land certificates will help save not only time and money, but also nerves, because our experts will do everything in the best possible way, and you can be sure of their authenticity and effectiveness.
  4. We will help you legalize the building in accordance with its purpose.

If you want to get Bali property for sale, but still do not know how to proceed, please contact our consultants. We will provide you with comprehensive professional support, as well as offer many ready-made companies for sale. Contact us and see how easy and safe real estate investing can be with the assistance of real experts.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.

You could be interested

Crypto regulation in South Africa

The vital popularity of virtual currencies in South Africa has increased over the last few years. It’s important to comprehend the developing landscape of digital currency rules in the state.  The main authority doesn’t regulate the digital currencies, since they can’t correspond to the definition of a lawful tender. Any supplier had the opportunity to...

Top 5 Countries for Crypto Licensing in 2025

The digital-assets industry continues its transformational evolution, with various jurisdictions refining blockchain governance to stimulate technological advancements while ensuring adherence to financial oversight protocols. Choosing the right place among top jurisdictions for crypto businesses is paramount for enterprises specializing in cryptocurrency trading, decentralized finance (DeFi), tokenized ecosystems, and blockchain-driven payment networks. Understanding crypto-operating permits, fiscal...

Non-fungible tokens from a legal perspective

Recently,NTFs have got highly popular to become the latest digital cοllectibles in nowadays entertainment, sport, arts, and gambling sectors. NFTs are best explained as a type of virtual asset kept on a blοckchain presenting οwnership of a digitalized product. The main characteristic that differentiates NFTs from other tokens is that it denotes a unique, non-replaceable, and non-replicable...

Corporate tax in Latvia

The system of cash flow forms the framework of the reformed business income tax system in Latvia. When dividends, conditional dividends, or payments that are equal to dividend payments are made, a Latvian corporation must pay CIT. As a result, a Latvian business is exempt from deducting CIT from its yearly earnings until any of...

Hybrid smart contracts

It is expected that hybrid smart contracts will reshape the world by completely restructuring the legit and regulatory mechanisms that we are now utilizing. Smart contracts are self-executing programs, written in HTML and stored in shared, immutable ledgers. These programs that run if predetermined terms are satisfied are excellent at transferring funds, and doing simplified...

Secure Your Trust License in Portugal

Trusts are quite complex organizations in terms of legal features of their formation, establishment and licensing. Portugal’s tax regime, particularly for non-resident or non-resident investors, has been praised by businesses for its ability to engage investments from non-residents and by capital owners seeking an efficient tax haven. However, behind the favorable tax treatment lies a...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7