Real Estate In Bali | Can foreigners buy property in Bali legally?
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- เผยแพร่เมื่อ 13 ม.ค. 2018
- Sometimes a vacation leaves you not wanting to leave the country. What do you need to know about investing in Bali Real Estate?
I took the time to do a little research. There are a lot of legal differences than the western world.
Kibarer Real Estate Company were super helpful for me.
www.kibarerproperty.com/
I highly recommend them. I was not paid to make this video. I did get a few free days during my stay. Just wanted to be transparent.
I was going with them anyways and the conversation came up I wanted to make a video on the topic anyways.
I know my mind is wondering to an unrelated topic, and correct me if I’m wrong. If you listen you’ll understand how they are protecting their culture and people. Foreigners cannot own out right but can lease their property. Much respect to the Indonesian people. If it was Africa, the leaders would bow down to the dollar and the only Africans there would work at the coffee shops.
Tamarcus Clark you can speak for all 54 countries in Africa?
I think it's pretty much every where you go. Most don't like westerners.
Kwadwo Gyabaa So a lot of African countries don’t let other come and set up shop, hire their own and build there “paradise” while promising nothing to the African ppl ? I guess my experience has taught me wrong, I’ve seen many of Times Europeans come build there house, manor , business , etc. sell goods or services to the African people and hire there families, take their money and still look at them like they are crazy. Come on man , I also said CULTURE, I wasn’t just taking about property. African leaders need to invest in the people and not just any dollar that seems promising for them.
ToyosiFawehinmi You won’t get it unless you do the research, use your eyes and make unbiased comments. It’s tough, but it’s happening in Africa and I cannot speak for all countries but just talk to people in Ghana and so forth and your see.
In Ghana for example, did you know that the Chinese are setting up illegal gold mining zones and the government is accepting brides and allowing for this to continue without any interference? They get caught - eh no problem pay the local authorities and they act as if it never happened. They were cracking down but it still continues because they claim they don't have the resources to stop it.
Now let me ask you something, Do you think that a foreign people can go to China, Russia, Australia, etc..Take Natural resources, deny the native people jobs and get away with it ? ABSOLUTELY NOT! Now to be clear, I'm not saying Africa condone this everywhere - That's not what I'm saying at all. But if you deny the fact that there's a lack of selfless leaders in Africa you aren't being rational at all.
It's estimated that Ghana alone has Trillions of dollars of untapped resources. With an "Africa First' Mentally, Leaders could have that places looking like Doha, Dubai, etc.
This is just healthy convo. I love you man and thanks for sharing some facts with me that I did not know.
Love your energy so much! Thank you for continuing to expand our world!!!
ElegantNoir appreciate your support!
Your content is amazing. I always find myself looking forward to the video.
Brannon RRMartin Glad to hear! More videos coming soon- stay tuned :)
I'm so glad you are back I missed your videos. Bali very nice.
KVS Glad to hear! Bali P2 coming soon- stay tuned :)
This is the most perfect timing. I have been searching for a rental property in Bali!
Glad you we could help *Jubril
I was just in Bali last week for the first time and it is amazing to see this video. I was staying at different hotels with a travel PR so this is interesting to watch in case I ever wanted to stay in Bali for a month or more next time.
Your Welcome *Jubril
Thanks Jubril. Been trying to figure out the difference between freehold and leasehold on our trips through Thailand. Much appreciated! Love your videos!
Great videos always, I'm glad I subbed to your channel bro. Keep up the great work! I hope to see you in one of these beautiful countries someday.
Great video as usual! I traveled here and a mate of mine did some investigating on buying here as well. You can buy through an Indonesian resident but at your own risk. There’s so many Australian owned businesses in bali, not complaining but there’s a way to do it😉
Keep 'em coming.
Can't wait for the next vid!
mogul limitless More videos coming soon- stay tuned :)
Yooo I'm in Seminyak now and we went to The Lawn Canggu and then Luigi's Hot Pizza last night and they don't do beer pong at Luigi's anymore!!! But you were right about Bali being a time capsule, a lot seems different even from when you were there til now! Anyways cheers, keep putting out the good content!
Another classic. You know you're a marketing genius right?
Tone Lee Thanks for the support 🙏
Bali is over crowded, you can get more promising properties on "10 NEW BALI", now under development by indonesian gov and foreign investor
1.Mandalika Lombok (NTB), almost like bali but with less tourist
2.Lake Toba (North Sumatra)
3.Belitung (Babel)
4.Tanjung Lesung (Banten),
5.The Thousand Islands (DKI Jakarta)
6.Borobudur (Central Java)
7.Mount Bromo (East Java)
8.Komodo Island (NTT)
9.Wakatobi National Park (Southeast Sulawesi)
10.Morotai (Maluku Utara)
For example Nihi Sumba Island (formerly Nihiwatu) win No.1 2017 Best Hotel in the World
ANY LINK PLEASE
This is excellent content.
Would love to view one like this for Cape Town.
Keep up the good work
Great content as always! Keep up the good work!
Your welcome . *Jubril
The people hear you man love your veds.. Truly a king at what you do
You're always so informative. Thank you!
As always, love these Videos!
Great and useful content as usual my friend 👌🏻. I’m looking forward to come to Bali in a month 🙏🏻
enjoy your time
I needed this! 🙌🏾 Thank you.
I honestly love this guy.
Appreciate the love *Jubril
Really cool video, it's a good idea to ask the expert, thanks man!
Your welcome *Jubril
Great video but aint no way in hell Im buying a house and dont own it outright. That shit is crazy.
pockets19890 I see your point! thanks for the support either way, keep watching for new videos soon (:
same
Agreed!
Yo, You remind me soo Much of my Cousin From FRANCE! Make SURE to Open your eyes to POLITICAL countries you're going to enter, MAJOR KEY.
Look forward to your videos. Keep up the good work!
patsy stewart Thanks for the support!
Really great information! Seems really informative. It would be so amazing to one day own a place somewhere else around the world.
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Super informative! Love your videos
Many French retired there . Prices Growing UP since years. Be aware so
It is the same to rent in Ghana you pay 12 months. It’s not just bali. Appreciate the video. I found it surprising but I prefer Ubud. Each to their own. My issue is this leasing rather than freehold when you’re a foreigner. It doesn’t sound like a great financial decision for building gen wealth.
Great video very helpful
Hopefully some day I could buy a property in Bali 👍💯
Lots of Balinese families have become multimillionaires in $US terms due to insane land value appreciation. Families from Denpasar, Cannggu, Seminyak etc have been selling land purchased for next to nothing years ago or inherited to developers. Although there are still a lot of poverty in the less commercial parts of Bali there are also a lot of young people in their 20's who will never work. Salaries remain low and it's very easy to sell or lease out land. I choose to work but personally I think parts of Bali are facing a moral hazard in this regard.
i went for the first time in august and now need a reason to go back often, this could be one way
Very informative! Thanks Jubril! 🐸
Your welcome I want to make more well rounded videos on here * Jubril
Enjoy in bali, indonesia 🇮🇩
wahyu nasution Yes, we love it here in Bali 🌞
300k to get $300 in rental income? I must have understood this incorrectly lol
Don't stop great content
jennyincr Appreciate your support :) More coming soon- stay tuned!
Funny I ended up on your site again. you brought me to Medellin Colombia. ut now after 3 years checking out new location for next July and for who knows how long! But deffinetly not buying there! sort of like how Mexico used to be!
Maybe I missed it. But 2 questions. 1. What happens after the 25 yrs? Does the property go back to the original owner? and 2. Can one sell their stake during that 25 yrs? Hope someone can help.
1.Yes the property go back to the original owner, But as far as i know you can extended it up to 80yrs
2. Yes you can resell it
www.indonesia-investments.com/news/news-columns/foreign-ownership-landed-houses-apartments-in-indonesia-update/item6728?
Here you can find all the info you need to know. I bought my property through this company: invest-islands.com/ownership-in-indonesia/
my thoughts too
Awesome
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Thanks for sharing the information. But buying to lease for 25 years term only. Do buyer need to pay taxes also?
The fire as usual.
Whattttt, 3 videos this month..... 🤣👍🏽👍🏽👍🏽👍🏽
More on the way.
Jubril Buffet and the Passport heavy team droppin dem investment gems!!! Rack on Racks on Racks I see!!
You are Genius man..
I like your videos✨
Nice ... hope more Balinese involve in transaction ..., thanks
thanks for information great video
Very good video. Thankyou
I lived in Bali for 1 year and friends have had many problems buying property. Basically you never own the land so after 15years the owner can tell you to get out of your own home. Then they can move into your house! Besides that property is overpriced and the island is very busy now.
Pretty interesting. Those long term leases are always geared to the owner. Not a good investment.
Strange that agent guy is not mentioning that you can buy freehold lands or freehold land with a property on it, just you need to open a company PT PMA and buy the land as a company.
To open PT PMA you need 3.000 USD
Thanks very good
Thank you * Jubril
What if u lease it like 25 years, what about long term visa! Will government provide visa for long term for property buyer?
When are yall dropping the Medellin Nightlife video?
Im trying to diversify and leave the states but I must be able to own property. Whats a good place with a high standard of living but a low cost of living?
When they're talking about 100k - 300k type places on a 25 year leasehold, is that going to end up being 4k-12k a year on the lease or is there a way to pay it all up front? I'm curious about the pricing structure for this kind of thing
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
thaks thank thanks!!!
Very informative!
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Informative video
Do more videos like this. Only comment was that the music was a bit too loud when you were talking.
Thank you for the feedback. I might do one in Mexico soon or someplace closer to the united states. *Jubril
This is how you make a sponsored video
More videos on real estate will be good!!
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Amazing ..investment in Bali Indonesia 👍👍👍
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Sub letting to others for rent is it profitable? Is it legal for a foriegner to do so?
For EXAMPLE if i rent out a 3 bedroom villla in Canggu and pay $20,000usd for a 12 month lease. Is it easy to profit by renting the 3 rooms to other travelers?
Is this a common thing in bali?
How do we keep in touch with those experts? Do they have a website, Facebook or a TH-cam Channel?
Good 👍
Jabril do you have a FB training available?
6th from the Captain
I wonder what you would pay for taxes on the lease?
👍🏾
I just hate the fact that you can't own properties out right in any countries outside of US. Do you know if Thailand real estate ownership rights are similar to Bali?
I love it and it is smart from them to protect their culture and their lands
do you have any videos of you in Africa or black nation's in the west.
If you can't own the land, don't buy the structure. PERIOD.
Just wondering -- are there snakes in Bali? Insects? Other Animals? Again - Thank you so much for your videos - I think you provide great content.
Yes
So I can buy a house there or not?
very expensive, compared with cambodia, thailand , philippines.. and these countries you can own a condo freehold,,,, I would not buy there,,
Don't forget to mention the the visa requirements to visit indonesia. But don't pay attention to these real estate company ads. Not much info here except how to give these guys business.
I used to be down with this spot until I read about the Bali 9 and ever since I been like "fuck any place that punishes drug use that hard". I like a little smoke and a little snort every once in awhile and damn sure not gonna spend my money in a country that puts you to death for it.
That is true they are very serious about drug laws . * Jubril
drugs over paradise? if you say so
So you as a foreigner, can basically never own a prop, only on a lease. Not Interested !
Perfect... Thanks for the information
Just got rich off of crypto now it time to get a spot in Bali!
Tron TRX to Bali
LOL Still hodling? Back to working at mcdonalds.
Draymond Green is youtube vloger?
Bruh chill I am over Draymond comments now just call me it was funny for like 6 months but nah my name Jubril *Jubril
how much is the rental yield?
th-cam.com/video/PMrpAFLsNcA/w-d-xo.html
Title change "Lease a property in Bali for 25 years " .
To expensive better rent a house for one year of 1200 euros
hold up... $300k for a 25 year lease ?... no thanks.
Paid advert?
2nd
6:21 holy shit was it AP?
1st
3rd
The best way to own your property is to married the local !!
Lol
What are the divorce laws like over there? If you divorce the local, does she get to keep the property and you get nothing?
5th
That Indian guy talk to pass don't understand what he's said from Australia.
4th
Kingy worll bowls p
asians how some sneaky laws for foreign property investing.. be very careful
Nick K how this can be sneaky. the properties regulations in indonesia is quite the same with europe, usa, singapore and most of countries in the whole world. foreigners cannot own a properties. but they can own a right of living in a property for long time. and they can extend it if they wanted to. just the same with apartments in newyork.
They are smart. Protect their territory from foreign greed. Beautiful place 👌
Traffic and a lot of garbage.
The women real estate agent is hot as fuck!!!!
Indians selling Balinese properties ? Hmm...interesting.
Fuck! The subtitles are so bad that it’s impossible to get any actually useful information