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Buying Bali Property
Live in Bali
Many repeater tourists, expatriate and retirees made their choice to stay in Bali for long periods, somehow some of them made Bali as their living permanently. Combination natural beauties and friendly balinese people become most attraction of decision of make living in Bali regardless your plan to retirement or investment. Whether you simply want to live somewhere else, retire one day in Bali or are looking for a good return on your investment, the fundamental reasons for choosing Bali are basically the same. A wide range of attractions combined with good infrastructure and convenient airline connections have made this beautiful island extremely popular as a tourist destination and home of choice for many foreigners. Because of this, and the still reasonable prices, property investment on the island has been generating high regular returns, and property values have continued to appreciate even during difficult times.
Communication have been improving every year (nowadays Broadband Internet connection is no problem), and frequent direct flights connect Bali with many places around the world. There are several International Schools on the island and a wide range of imported food and drinks is available. Full-time cooks, maids, gardeners, drivers, etc. are easily affordable which means you can live very comfortably in Bali at low cost.
Medical services are provided by local hospitals and international clinics such as International SOS and the "Bali International Medical Center" (BIMC) which both use overseas experts for tele-diagnosis. If you need to see Western doctors, both Singapore and Perth in Australia are only a short flight away. If you want to do business, you can register a PMA (Foreign Investment) company which will entitle you (and your dependents) to a Resident Visa and Work Permit. Retirement Visas are available for anybody above 55 years of age.
Bali Property at glance
Annual Reader Surveys by major travel magazines continually confirm the perception of Bali as the most enchanting travel destination in the world. The friendly people and the absence of security problems guarantee a completely relaxing stay. Because of the physical beauty of the island and its wide variety of attractions, Bali is seen by many experienced travelers as the "Ultimate Island".
There are so many types of property you can buy in Bali and its depend on your purpose as retirement program or investment or business activities. Types of property that usually foreigners look into such as private villa, real estate, ordinary house, appartment, office space, land and many others. Buying or building a beautiful villa in Bali you can rent out when you're not using it yourself has become attractive for many tourists, working expats, future retirees and keen investors.
It is (still) much cheaper than buying a villa in places such as Phuket and Samui in Thailand, and Bali does not have the long rainy season or security problems you find in many other countries. Flying time to reach Bali or Thailand is about the same from most places in the world.
Even more important: If you invest in a top-class villa in Bali you will receive a guaranteed income from having it rented out when you're not staying there yourself without any hassles or responsibilities. You can also expect a steady increase in value. This is because if your villa meets our quality standards, Balivillas.com will offer you a lease with guaranteed income for the months you don't occupy your villa yourself. We will also manage your property and pay all regular expenses and maintenance costs during the time of the lease agreement. When you decide one day it's the right time, you can apply for a "Retirement Visa" and live permanently in Bali.
How to Proceed?
To buy property in Bali is not so difficult and also not so easy, you just need to know and understand certain property legal issue (especially for forigner ownership) and strategy to get best property which suit to your desire and budget.
Here is some ways that you need to know, before buying property in Bali :
- Get to know the information about legal rights own for foreigner
- Get to understand The Property Laws Indonesia
- Calculate your budget and plan what type of property you want to buy
- Makes some on site survey or inspection
- For less headache you may appointed appropriate local property agent to help you.
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Bali Vacation with Children |
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Luckily for those with children, the Balinese are very gentle and love to have kids around. But you should bring essentials: sun hats, creams, medicines, special foods and a separate water container for babies to be sure of always having sterile water. Disposable diapers are available in big supermarkets. Nights can be cool sometimes, so bring some warm clothing for your child. Milk, eggs, fruit which you can peel and porridges are readily available in a supermarkets here. If given advanced notice, babysitters are available for a moderate charge at any hotel.
It's especially important that you have health / medical insurance for children because they can get sick quickly, run high temperatures, get dehydrated and it can be puzzling what's wrong with them.
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