Buying property in Bali

Post new topic

Member since 15 October 2016

Mitch-88Member15 October 2016 04:52:49

Hi my wife and I are interested in buying property in Bali she is an Indonesian citizen but has permanent residency in Australia. She hasnt lived in Indo for 23 years is there a waiting period ?Can anyone tell me the process we need to go through to make this possible.

Fred Indonesia Expert

Member since 02 August 2009

A smile is the universal welcome.
Max Eastman

FredIndonesia Expert15 October 2016 05:09:11

28517

Any Indonesian can buy, but there is a potential issue.
A couple's property is 50/50 in Indonesia law and foreigners can't own land in this country.

Edit to clarify and update.
Foreigners married to an Indonesian still can't own property but the prenup clause is now available as a postnup.

This just means you can now make a contract with your spouse that allowed them to own property but the foreign half of the marriage holds no title to it.

Those not married to an Indonesian still can't own land regardless of the dodgy schemes so often peddled as legal.

Ubudian Indonesia Expert

Member since 28 January 2013

UbudianIndonesia Expert15 October 2016 16:08:21

3213

Before thinking of anything else, I'd first check that her Indonesian citizenship is still valid here in Indonesia. Assuming that is all OK...now is a particularly good time to be looking at property in Bali. It is a buyer's market right now...but how long that lasts before it's back to a seller's market is anyone's guess.

Mitch-88 Member

Member since 15 October 2016

Mitch-88Member16 October 2016 01:35:59

Thanks

vanessa paris New member

Member since 23 October 2016

vanessa parisNew member18 November 2016 00:23:47

Moderated by Priscilla 8 years ago
Reason : No free ads here please + register in the business directory
We invite you to read the forum code of conduct

Articles to help you in your expat project in Bali

Accommodation in Bali
If you are planning to relocate to Bali, housing is a critical part of your project. So how to find your ...
Buying property in Bali
Should your experience as an expatriate in Bali make you want to settle down permanently, you might want ...
Popular neighbourhoods in Bali
Bali is regarded as one of Indonesia's smallest islands with a large population but is home to ...
Renting, my experience
I have been renting an apartment for the past 9 months and the contract is due for renewal in March. ...
Accommodation in Indonesia
Many of the expatriates living in Indonesia prefer renting accommodation owing to the generally limited ...
Working in Bali
The multi-faceted island of Bali offers many opportunities for those who wish to move from tourist to ...
Studying in Bali
Even if Bali is renowned as a major tourist destination, the island is by no means limited to its idyllic ...
Making friends in Bali
Being an expat in Indonesia can be a daunting experience. Everything from the language barrier and the culture ...