HOW TO BUY A BALI VILLA (Things you MUST Know Before)
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- čas přidán 10. 06. 2024
- If you are building a villa in Bali or simply looking to buy a villa, this is one of the Best investments in 2022. From how much a villa cost to how to buy land, this is everything I've learned from building my dream home. My villa contacts + upcoming project: lostcreatoracademy.com/invest...
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dude, bali is changing because of foreigners like you :)
don't be surprised if you don't find any ricefields, trees, lots of buildings, traffic, in the next 10 years.
Unfortunately you are right.
the indonesian changed the laws and allowed the floodgates to open, and long term.... the indonesians will get some really really nice buildings... so it will work out well for them.
Culture of Bali eroding for shitty western buildings at rapid pace. Worst development and people like him promote this.
I know. All of these Barbie and Ken influencers ruining Bali for me. I was so fortunate to spend many times in Bali during my childhood, before all these spoiled rich white kids come in.
And that is good honestly..
The more tourists came, the more happy the locals..
I dream to travel the world as a kid in Afghanistan. I had to leave Afghanistan because of the War and lost almost all my friends and family. I'm living in Germany as a refuge for 6 years now. Finally I'm allowed to travel and leave Germany. Working since 2020 to be able to travel and work online. If everything goes as planned I will Finally move to Bali at August this year. Thanks for inspiring me not to give up under any circumstances ❤
so sad, hope you always success in everything that you do in future
You're amazing and definitely ❤ make those dreams your reality
Jar jar wrora
Bravo!!! You should be proud for whatyou have accomplished. curious what you do online, as I am doing the same, and looking to expand/collab on projects. I guess I cant do it all myself, hahaha.
HI , OPEN YOUR MIND AND YOUR HEART TO KNOW THE REAL ISLAM...... I RECOMENDED YOU TO WATCH CHRISTIAN PRINCE CZcams CHANNEL....OR DAVID WOOD CHANNEL ( ACT APOLOGETIC )...AND BROTHER RASHID CZcams CHANNEL ( MAROCCO MURTADEEN )...AND USAMA DAKDOK CHANNEL....AND FATHER ZAKARIA BOUTROS CZcams CHANNEL ( AL HAYAT/ HE IS EGYPTIAN COPTIC PRIEST SINCE 1990 HIDING IN US OR CANADA )
Please add balinese architecture element if you want to build new building so Bali will not lose the cultural identity and don't build in ricefields. And actually forigner can't really buy land or house in Indonesia.
How about we don't turn green forest land and rice fields into a villa in the first place? Adding a balinese architecture element to a new villa may help the owner feels good about himself but it doesn't help the balinese people and their environment that are impacted the most.
Actually you can buy or build a house but can't own the land it sits on. At most it can be rented for a certain amount of time. If anyone says they can sell land to you they are lying or using a straw man buyer, which is risky.
@@bangkoja6615 agreed. Indonesia has 15,000 islands and Bali is already crowded. A lot of people are not respectful of the culture. The government should put a moratorium on new villas and hotels until at least the infrastructure problem is addressed. Even dealing with basics like water and trash collection have not been mastered. Not to mention Bali gets electricity from Java. Quality over quantity.
@@pakde8002 When I was in Bali, now 14 years ago, the foreigners I spoke to were using a system that seemed to work well for everyone. Locals would lease to the foreigner for $500 a YEAR. The term would be for five to ten years. The foeigner was expected to improve the property, update to western standards for the duration of their stay. When they left, the house would be updated to modern standards and the children would have a house improved in ways they might not have had the capital to afford. Win for everyone. I wouldn't sweep in an expect to build new for myself. But improving an existing structure and leaving it better sounds positive.
@@pakde8002 government? Lol.
Christian, thanks again for another great video! I've been watching all of your videos ever since i started backing myself, 1 year after you travelled SEA, and it's been a great source of inspiration.
I just returned from almost a month on Bali and greatly enjoyed it, but also found myself struggling with a couple of things:
1 Infrastructure (traffic takes forever, few quiet places, few direct roads and everything looks messy and not very well maintained), 2 'westernisation' (all around Changu it's so fancy, few things feel foreign), 3 urban planning (even Denpasar, looks like a large collection of sheds, there's no real mainstreet anywhere in Bali, just lost of long streets with random shops and restaurant and a fancy shopping mall here and there).
definitely
Congrats man! So happy for you! Keep crushing it brother! 🙏🏻💪🏻
Crushing Beautiful Bali You Mean!
As an Indonesian living in big metropolitan cities…. it is very uncommon to lease a land for living, we just straight buy and own the land instead. I dont know the lease of land is quite cheap in comparison with buying the actual land.
At first, I know that foreigners are not allowed to buy and own land here in Indonesia, though they can still rent and lease. And even if they are able to own land, it still needs to be done through Indonesian-based business entities. It means that you need to have a share in Indonesian companies, or you can create your own companies here in Indonesia. And to do that, there are extra regulations on how big of percengage the foreign ownership is allowed for certain business. In most cases, you will absolutely need to find Indonesian partner.
And even if you successfully own the company here in Indonesia, the legal entity allowed to buy the land is NOT YOUR individual NAME but Your company name instead. And you know if you own company which runs into some financial difficulties, the first asset to be seized by the court would be your company’s land.
Thats why in Indonesia, even the local company would not go as far as to own the land. They would just buy the lease instead.
As an Indonesian, we are used to astronomical land price . Thats why most of the new land owners (millenials and gen-z), they are only able to buy very small plot of land. Comparing that lease price for big chunk of land mentioned in this video, it is quite peanuts with the price I paid. to own land here in Tangerang Selatan Region,
Leasing to build a house or to run a business operation all depends on your ROI. Buying is the conventional method and not for every one especially foreigners.
@@thecowegg i know land leasing is cheaper than buying the land... I just do not realize that it is actually "that cheap" as it was mentioned in this video.
I paid premium to own land here in Southern Tangerang... and lease for living is extremely difficult to find. Though lease for doing business is common, but did not expect it would be much less pricier. Probably because land price in Bali is much lower than Greater Jakarta Area...
I even cannot buy any land... unless under mortgage scheme.
Depends where in bali. South tangerang is cheap for jakarta
Nope, company or legal entities didn't have rights to own the land in Indonesia, only individual with Indonesian nationality have the rights to own the land here.
If you're not Indonesian you can't own the land you can only lease them for short period of time it's called the rights to use (maximum 15 years), whatever they tells you it's scam.
@@insomnia0140 it means that any foreign investor is just a fool in putting any money over there..
Very cool video! I'm usually only used to be here for the travel content, but as Bali is such a beautiful island it's a really interesting topic! Keep up with posting stuff around this process I think this would matter to much people in the future!
Your enthusiasm is charming and sincerely wishing you all the luck. Surprise and not surprise me that foreigners really are still that naïve believing they can built their dream villa in Bali...without going slowly from hell to hell...and losing all their money on the way. Anyway too many words to say about this subject...as an expat 30yrs in Bali I have seen it, I have seen them, and I have done it.... two advises; 1) if you are a foreigner you will remain a foreigner...whatever visa you have. This is not your island. 2) in 2016 there were over 5000 land and house dispute cases in Bali courts...think about that. 3) if you have the money, find a villa to rent were you feel comfy and homey and only rent it per maximum 5 years, and just enjoy life in Bali instead of dragging yourself to hell and empty wallets. Also have to smile when I hear about "reliable people' in the building and land business in Bali hihihi...whether they are local or a foreigner, only 3 things they want: 1) your money 2) all your money 3) more money than you have. Everybody is your friend if you spread the word that you 'gonna built your dream villa'. Good Luck !
Yup ! I decided to subscribe. This is going to get interesting.
You’re not wrong that there is a huge lack of legal clarity here. But the risk to reward ratio is why people like myself invest. But I definitely would not be so cynical about it. While some people do get burned, a lot see incredible return
@@lostleblanc Actually, the laws are not that unclear. Due to a lack of government resources and corruption, enforcement is lacking. The risk you are taking is getting caught for breaking Indonesian law. Lots of expats do violate the law, often unwittingly, because agents in Bali will tell them things are legal when they aren't in order to make money off them. High-profile ones get deported and their assets can be confiscated.
Without a PT-PMA, there isn't any visa that allows you to do as you plan legally, as far as I know, and I have researched this extensively, including hiring consultants/lawyers. (You never mentioned hiring a lawyer). If you've found a way, please tell us how, starting with the type of visa you have.
@@donaldhanson8990 he is clueless.. Just rent as you said. He cant sell it without paying off land holder.
Well said
You are literally the only reason I’m heading over to Bali day after tomorrow. You create amazing videos portraying the beauty of bali. I’ve been following you from when you had 1000 followers. You’ve come a long way and can’t be more happier for you! Kuddos😍
Thank you 🙏🏼 I’m sure our paths will cross out here soon
it is absolutely beautiful his videos don't do it justice not saying his videos aren't any good but it is just genuinely way to beautiful for videos my fiancee and I went because of him as well we'd love to go back but life is in the way we will go back though one day
Who Visits Bali Because Of A Foreign CZcamsrs Hype?? Lucky 99.9 % DO NOT!!
@@jasminebali8068 its not about the hype it's about the experience and adventure truthfully it was one of the most eye opening experiences of my life and just absolutely how lucky we are to be able to have some of the things we have in our every day life that we just don't acknowledge as a first world country such as fresh and clean drinking water or our sewage systems and don't get me wrong I worked 2 jobs to make it happen amd spent almost 8 months planning it but would do it again in a heart beat
I did the same years ago but now his content is junk. His go pro videos are way better. Also he hasn’t been living here the entire 5 years. He comes abs goes. He should be ashamed of putting a video like out. Mostly false information and giving the followers the pretty picture
I am building the same dream in Dominican Republic and I am few months behind you for sure. Supper happy for you! It is amazing to build a dream house in the paradise even if it is frustrating process ….
Im coming to Bali next year because of your videos! You have inspired me to do so much with my life! Business, traveling, and soon to be content creating.
I can’t wait to be in Bali and create content and follow in your amazing “Lost” footsteps.
Thank you.
Super inspiring man! Appreciate you sharing all this with us 🙏
Always the same humble dude as you first started. Congrats on your endeavors bro 🙏❤️
This video is super helpful for those who are planning to buy or built villa in Bali.I have built a home in East Java and if everything goes well,hopefully someday im looking forward to buy a villa in Bali.thank you for the video.
Gotta love how straight to the point Christian’s videos are 👏🏼👏🏼
Love the vids! Moving to Bali is currently in the works so all this is a great help
🤜🏼🤛🏼 see ya out here soon
I just wanted to say i admire what you do, not only do you bring hope and insight, but you show me I don’t need to work a 9-5 to travel the world and enjoy my life. one day I’ll find a gig that’ll work for me!
🙏🏼🥲
Lets ALL Stop Working! Watch Society FAIL!
We are really looking forward heading to Bali after years of waiting! As usual great video!
I have been watching you for a long time. I am so excited to watch this journey.
I have been visiting Bali since 2008 when I first moved to Surabaya.
During the period I lived in Indonesia (12 years to be exact) I might had visited the Island of Gods near 30x.
The reason this island is so fascinating is because of the strong Hindu culture, nature and lowback vibe.
I was away in Vietnam for 3 years during pandemic and able to visit Bali during Idul Fitri last May.
I simply loved it to drive and get stuck in traffic.
During 2 years of lockdowns, that was not the REAL BALI and I am more than happy Bali is back to normal.
However, most of the people (digital nomads) were living in a fantasy world during pandemic!
You feel rents are now too high?
Find a cheaper place or build your own house
You feel food is too expensive?
Change your menu or start farming and harvest your own food.
Too much traffic?
Dont use car or motorbike and start walking!
I strongly believe Bali needs a better control for its development.
Development is always necessary.
But we need a PLANNED DEVELOPMENT.
There way too many coffee shops, beach clubs and villas and definitely not enough roads or any other decent infracstructure to accomodate such fast growth.
Besides, this fast development is tottally unecessary because slowly Bali will lose his identity and will be filled with bules where majority will not be worrying about the island but purely in their own interests.
Your statements ring true till the end where you opine that blue’s don’t care about Bali but locals do. I beg to differ. It’s bules doing most of the environmental cleanup and pressing for better water, sewage and trash management.
When pressed a kampung local may profess to care, but then he will turn around and throw his trash on the ground and that evening his wife will take it into a pile and burn it, or not.
@@cber5077 we need to separate locals from Bali and locals from other Indonesian islands.
villas/ beach clubs building.
You go back 20-30 years when there were way less tourists and the Island of God was much cleaner.
However my point before was in regadrs the crowded roads and incessant housing construction.
It makes sense to me when bules do the most of enviromental work, since they are the ones leading these constructions.
Thats the least anyone needs to do.
You hear everyday people complaining about the "Canggu short cut" being too crowded. Not sure anyone of them alredy talked to Bali Governor, but I would guess 90% of people complaining are digital nomads who dont wanna be late to arrive in their favourite coffee shop.
Bali isn't back to normal....it's empty
@@cber5077 You're right. Local here doesnt care about environment at all. They just take and take without giving something to mother nature
Best comment , and not to mention they built a mall in kuta area? Omigot how stupid is that? Bali is just another jakarta city with too many malls
I love all your Bali videos, I can't wait to visit later in the year
See ya soon !
Truly grateful for this type of video, Christian!
Thanks brotha! looking to start my process soon. All of this information is super helpful. Definitely Subscribed!
This is an awesome video man. Nicely done!
Your videos are more accurate than his. I was going to move to thailand before but I chose bali. You give correct Information and are very informative in your videos. Lostleblac technically doesn’t even live in bali. He comes for a few weeks then back out again. Most of the video he is promoting agent pricing etc. it doesn’t cost that much to build a villa or to get drawings. Also by law you need 10.5 billion minimum investment to open a pma. you can’t rent out villas on Airbnb because only locals can get that license and the imb. Also no way he is getting ROI in 4-7 years if he is paying bule/pricing for the project. Most people rent out the villas illegally using social visa and do a normal lease. After they put a local to manage the property.
I used to live in Bali and I loved it! Keep up with the great videos!
Thanks Jacob 🤜🏼
Thanks these kind Faqs Christian, appreciate this kind of content. 👏✨️
this is a quality CZcams content, keep it up bro
Nobody does videos of Bali like you man.. You made me fall for Bali.
Cheers man!
This was super helpful! One day I'll build a villa in Bali :)
More videos to come soon 🏠
PLEASE DO NOT!! Leave Bali For The Bali People To Build On For Their People!
build a villa where you come from bro
@@jasminebali8068 it was left to Balinese for last 2 years. How did that work out?
You will have lots of headache if you are not wni or indonesian citizen. Unless you are married to a local ho
I have been following your channel since 350 subscribers running around Bangkok hostels, you have done really well, celebrate success and cheers for the info here, very useful and inspiring.
Thank you so much for sharing! This will help me a lot!
For Uluwatu, you need to ask about public water access. Aquifer drilling is extremely expensive in Uluwatu area.
Oh wow this is super helpful. You just saved a ton of people from alot of stress and $$$. Thank you so much for making this video!!🙏
That’s what I’m here for ;)
By far my favourite content creator!
Amazing video. Thank you for sharing !!!
What you do with your money is you own business; however please keep in mind:
1) Gentrification is real and does affect the locals and ultimately the living cost in the area.
2) Please don't turn rice or farming fields and into villas and condos. So many negative impacts from this practice.
3) If you are considering building your own homes and villas, please insist on your contractor/architect to install a rain garden, dry well or infiltration trench to limit the stormwater discharge from your property.
they don't care about this. :(
I was searching for a comment on this. I'm all up for a global world but with care for how we can affect the locals. I'm not sure how it is in Bali but I would have loved to hear a bit of that perspective and potential concerns addressed
@@jessysotnas Well... instead of buying a rice field and building a new structure that we're only going to occupy for a few months out of the year, how about we buy an existing property and renovate it. Let's preserve those rice fields and green forestry. After all, those are the things that made us come to Bali in the first place. BTW, you all may not realize this but, in most cases in Bali and Indonesia in general, a plot of rice fields may feed 2 or 3 families or more. The owner of the land and the farming laborers that the owner hires/partners to grow and harvest the crop. Guess what happen to the other families that doesn't own the land, when a foreigner with a deep pocket decides to buy the rice field and turn it into a villa?
@@bangkoja6615 right on the money. This guy didn’t need to build his dream house. He just needed to look harder. It was already there somewhere. I think it’s a total bummer that another plot of natural land is being converted, and for some social media influencer, nonetheless!!! For more likes and followers!!! Pretty much a travesty in my eyes.
Wow… this is so cool and very educational. I’m inspired!!! Thanks for sharing 🙏🏾
Qarmyn Richardson: my only advise will seriously check out what is said here before putting any money down and not more than you can afford to lose.
glad for you my Guy, watch you grow from your first vedio, def saw your channels and your potential. glad you Found something you love doing you deserve 100 💯 all off this
❤️🙏🏼
Such an excellent video. Good work. Well done
Appreciate your enthusiasm, but am concerned about your advice. Firstly, stop referring to it as "how to buy". Foreigners will never own freehold property in Bali (Indonesia), whether personal or company (PMA), it is LEASEHOLD only!
There's a big difference between freehold and leasehold. Freehold is not possible for foreigners, regardless of them having a foreign investment company (PMA) here or not, only leasehold is possible. For a private leasehold, it's technically only possible to foreigners that hold a resident permit, but yes, many notary will do it for you, but again, technically it is not legal. Please, DO NOT give such advice when you have no idea of the proper rules here. It's crazy, someone like you, with such a following on social media, promoting this nonsense!
To be clear, on a leasehold tax is the owner's responsibility to pay, not the lessee. Your prices per metre build cost are well above what's fair. The price you mention, US$28k for design alone, is crazy! But, I guess if it all works out for you in the end, and you are happy with it, OK then, good for you. But please, I wish you would be more clear that your advise is just a very lose guide. You wonder why prices are sky-rocketing in Bali, when foreigners so easily pay such inflated prices, of course crazy prices will become normal. Ironic how you are then so conscience of how Bali is becoming unaffordable for the locals, but then you are so willing to just agree to these silly prices yourself, out pricing most locals in the process!
👍 yes..well said. thank you. I'm beginning to think this vid is a scam 🤔
After speaking with many legal advisers, all I can say is I disagree with you but let’s be honest, if there’s one thing that could be improved here in Indonesia it is legal transparency.
@@lostleblanc Which part do you disagree with Christian? Can you be more clear exactly what your "legal advisers" told you? Rules and regulations, especially around foreigners owning property in Indonesia, whether privately or through a PMA, are really very clear already. Please explain to your viewers the different of legal status of land, Hak Milik is for Indonesian citizens only, Hak Guna Bangunan for a PMA (forigner investment company) is only valid for 30 years, so that's leasehold, not freehold!
@@briannaduhig7869 Oh but he is not the only "influencer" who is sharing this information.
There are ones that have an even bigger reach, who also stated the PMA Situation as: "With this company you can 100% own your own property & Land." So are they all listening to the wrong legal advice, or have things maybe changed?
I understand where your concerns are coming from, but this is primarily an issue about the language people use. For example in Canberra (Australia) all the property is offered as leasehold. But people will still say that "I just bought a house in Canberra" which i think is a correct and clear statement. You do own the house, but the details of land title differ from what many people consider the norm.
If you do own property in your PMA (with HGB title) in Indonesia there is the possibility you will sell that property an Indonesian purchaser in the future. At that time the title can return to Hak Milik. This allows this type of government issued leasehold (HGB) to grow in value over time as opposed to a private leasehold directly from a land owner holding Hak Milik.
But of course, consult your preferred legal consultant in Indonesia to understand all the options available!! as individuals circumstances and goals always differ.
Wow, lands in Lombok is so much cheaper than Bali and it has potential to be the next Bali
Absolutely love informative contents like this.
🙏🏼
So long waited for that !
feels weird a traveler going this path and owning something this big is heavy baggage. but then, I think we have also reached peak of travel due to good quality video from almost any phone and at the same time having much ability to have almost everything in a fixed location as long there is fast internet and good e-commerce. one might as well setup a good home you want to stay for a while. South East Asia also be the next boom.
I support this move and good luck!
Really loving the videos more focused on bali rather than the whole world.
Keep up the great work! Nice one!
Cheers alfie. I’m enjoying making them :)
You always get me fired up when I watch your videos. Stuck here in Canada which isn’t too bad, but really want to check out Bali and invest if all goes well with your contractor.
Cheers
Hang in there. Keep ya posted man.
I’m doing this one day for sure it’s always been my dream!
You need to consider road capacity especially Jalan Raya canggu. It's already crazy traffic. One thing stopping me from staying in Canggu is the traffic in and out of Canggu to Denpasar. Takes hours!
Very informative and I appreciate the time and effort you put into this video. Also saving us from going through those pitfalls. Thanks
Thank you so much for creating such great content! Congratulations to you and hope that you won't be running into too much more bumps along the way 🙏 liked and subbed
Thanks for this very useful information!
Interesting video and very informative. If you are thinking of doing something like this remember there is a lot of risk involved. The local that owns the land have all the power and you must have a lot of trust in that land owner.
He believes they are his friends..lmfao... He will learn the hard way..
i suggest to always get your PBG before construction, otherwise you could run into much problem
🔥 Great content. Good luck with your villa.
so much useful info! thanks Chris
Congrats Christian! I’ve been on the same page as you for the past few months (not in Bali, unfortunately). Good things happen but they need time. Let’s hope for the best result 💪🏻
Cheers man !
Been watching you for a long time, I'm Australian and since I was 12, (now 27) I've been to Bali a lot. You've even shown me things I didn't know.
I don't subscribe to anything, but this video really was so open and informative. And seeing that troll. You respect the people and the culture, I just wanted to subscribe, like and say thanks for your great videos 🤙🏻🤙🏻🔥
Cheers Amber 🙌🏼
love how they are developing the beautiful natural land into concrete
Awesome video! Keep them coming
Awesome high-level detailed video and really helps break down all considerations when looking to invest as expats, as Bali really left a great impression on us- especially Ulu - we want to return again soon and and actually spend more time there. Great job Christian!
Glad I can help man :)
@@lostleblanc you are not helping you are putting them into a dead end. All you can do is lease a piece of land with or without a house on it. At the end of the day , it will never be a freehold, sad but factual.
Thank you Chris, good luck with your projects
Cheers Noah!
so much info here, thanks bro
Superb!! Even for me as an Indonesian, I didn't know the land value in Bali until you pictured it. Thank you!
Love your Bali Content!
Thanks Jonah!
Just want to say thank you for your channel and this video specifically. I've been in Bali for a few months now and thanks to some amazing luck in crypto the past few years, I've been able to secure myself enough funds to build a home here soon. You've motivated me to not only travel here, but to start a life here as well. If you ever need assistance with the stone product side of things for your home, don't hesitate to reach out to me! My father owns one of the biggest stone companies in the world that is based out of Turkey and we'd be more than happy to beat any price you are being charged (assuming you haven't already secured your stone products).
how much did you make from crypto ?!
you don't deserve it.
Thank you so much for this video, this was so informative.
So much great information, thank you
Im a local and i learn alot from a foreigner about owning a land in bali 😅
You can also consider having a business in the Philippines.. There are some beach lots for sale that is really so cheap now but after a year or 2 it will be a great investment because the price will be tripple.. And also good to put up a resort or an apartment
Rich People Exploit The World! SO SAD!
@@remmond3769 it depends.. So before buying you need to check every details and legal papers and consult on your lawyer 🙂
Certainly other options for better Captial Gains. Bali is over saturated, has water scarcity issues and has so much competition with declining occupancy versus already high land prices, its Lombok that truly represents opportunities in Indonesia.
@@uddinfamilyyoutubeaccount9230 ha, I looked at Lombok about 5 years ago but it turned out prices were just as high as Bali and there was no infrastructure besides the airport. The land owners/developers there were all from Bali. I found them to be a particularly greedy lot.
This information is insane! Thank you so much!🙏🙏
Insane indeed to the letters !
This is amazing video mate thank u alot u gave us a great infos u help all people to go in right direction tnx mate
As an Indonesian, and as a corporate banker that have dealing with tons of foreign corporate accounts, I would admit it is complicated to start a legalized business in Indonesia.
In other countries, you just need a Certificate of Incorporation and a Certificate Incumbency (or ACRA). which is less than 10 sheets of paper.
But for foreigners to legalized business in Indonesia, you will need so many papers:
1) You need a valid Passport from your respective countries.
2) You need KITAS (Kartu Izin Tinggal Sementara / "Temporarily Stay Permit"), or KITAP (Kartu Izin Tinggal Tetap / "Permanent Stay Permit"), issued by the Civil Registry Service Office (Dinas Kependudukan dan Catatan Sipil). FREE CHARGE!
3) You need "Deed" (Akta/Anggaran Dasar Perusahaan) for Solely Business or Private Business (which contains more than 30 sheets of notarial papers). You need to pay the local Public Notary to issue the Deed, since Public Notaries are not work under local government services.
4) "Deed Approval", from the local Ministry Law and Human Rights. FREE CHARGE!
5) "Investment Approval" (BKPM Approval), issued by the Indonesian Investment Coordinating Board. FREE CHARGE!
6) "Registered Letter" (Tanda Daftar Perusahaan/TDP) issued by the Local Province. FREE CHARGE!
7) "Domicile Letter" (Surat Keterangan Domisili), issued by the local Head District. FREE CHARGE!
8) "Tax Number" (NPWP/Nomor Pokok Wajib Pajak), issued by the local Tax Service Office. FREE CHARGE!
9) *If your business might have noises activity (such as: factory, house-club, music studio, etc), you will be required a “Noises Permit” or Surat Izin Gangguan HO (Hinder Ordonantie) issues by the local District Head (Kepala Desa). This permit usually must be renewable in every 1 year. FREE CHARGE!
If you already have legalized business in other countries outside Indonesia, and you just want to have representative office/business in Indonesia, then you just need:
- Certificate of Incorporation,
- Certificate of Incumbency or ACRA.
- Plus no.1, 2, 5, 6, 7, 8, 9* from previous requirements.
Nothing is free of charge in Indonesia....Taking a shit costs 2,000rp... Might be free of charge but without a suap, you might be dead before paperwork is finished..Money talks, bullshit walks here..
@@peteiovene9177 it is free charge.
2) kitap/kitas is from immigration and not easy...it costs about 15J to form a PMA which will not include kitas costs.
With my wife we bought a land and about to build a villa in Lombok, Mandalika. It should be the new upcoming destination pushed by the Government. Prices still, what Bali used to be 20years ago. Congrats on your project.
Modern day colonialism.
Congrats ! Would you know if it’s suggested to hire a satpam for one’s villa there or how would one prepare for house security?
@@RG-vh6kg yeah right. 🤡Boosting the local economy rather.
@@inais657 thanks, appreciated. Definitely hire a local.
@@Ivan-cm6bz 🤣 Cute. White guy thinks doling out cash on property of indigenous people on foreign land is "BoOsTiNg LoCaL EcOnOmY". Where have we heard that before 🤔🤔🤔
Thank you so much so informative 🙏🏼
Love and appreciate this information. Great video with helpful tips. When I move to Bali I definitely will look into building a cob home. Natural materials will be way more cost efficient.
Bali is great. I still have allot of exploring to do in Indonesia before reconsidering building a house on Bali. Imo Bali is for tourists and expats / nomads and Indonesia has so much more to offer.
If you want to build a life in Indonesia and only want to build a home to live in instead of renting it out. You can probably find way cheaper places in Indonesia.
Yes, easy to find much cheaper places in Indonesia, but if not Bali (or Lombok in 10 more years), then probably that place won’t have the creature comforts for you to enjoy it, like other expats, coffee shops, grocery store with international foods, etc.
No. Bali is actually for the Balinese. It’s not for tourists. Any of us is very lucky to go there and experience the hospitality they offer. You ought to rethink how you view Bali. And then extrapolate that onto the rest of the country. We freely walk into Indonesia by forking out a little cash for a visa on arrival at their airports. In my country, you have to apply ahead of time and put in a lot of time, effort, and money to even have a chance to come as a tourist. And after all that, probably still best to keep your fingers crossed that you’ll be approved for a visa. But in Indonesia? Come on in, folks! We are lucky. It’s their country.
I’m not trying to be rude or nit picky with the language, but it’s just a rotten way of looking at the whole thing. It’s not going to help Bali retain its unique charm. Bali is Balinese. No matter how many guys like this social media influencer come in and try to build houses there in the middle of the forest, it’s not his or yours or mine. It’s theirs.
Back in the 90’s …I was working for a wealthy owner… We travelled to Bali every Friday - Sunday ( He has his own private plane) for a year
He had friends whom had Private Villas in Sanur.. Amazingly one by one started building their villas there…
Today Bali is not like then… less green…. More buildings..
You are lucky to own a villa in Nature now…. I hope more people will keep more green and sustainability for the future..
Stepping up to real estate and development! Great stuff!
Making Money From Exploiting The Less Well Off! How Proud He Must Be!
Great video I lived in Bali for 5 years with my wife who is Indonesian I’m living back in the Uk at moment planning in returning to Bali this May.
Sounds like a monumental mind fk of time and money. Just go there on holiday
Jeez I built a modernist house in the uk 20 years ago, I’m moving to the Philippines soon. It sounds like the building process has become way to westernised in Bali …plus so expensive.
Thanks for this, dude. Im going to put it to use as well
Thank you SO much for this! We are from Qualicum Beach and can't wait to go to Bali and hopefully retire there over time. I love your videos. Thanks so much!
Qualicum Beach. Beautiful part of Van Isle. Born and raised on Gabriola Island. Father and myself lived on and off in Bali over last 15 years. If you do plan on living / retiring in Bali at some point. I highly recommend North Bali . International airport currently under construction . South Bali is absolutely a mess in regards to traffick, ocean pollution and unfettered development. Just my opinion of course. Cheers
TRIP MONTAGNE LA NUIT ET UN PETIT DEJEUNER BERBER
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Hello, I've been inspired to book a trip to Bali after your videos. I was wondering what your thoughts on the roads of bali/gilli T/lombok/nusa penida were? I've only scootered once before and wanted to know which roads/routes were relatively easier than others. I booked a scooter at nusa penida but from the sounds of it, the roads there fare on the difficult end? I'd like to ideally scoot on easier paths and book a driver or tour on the more difficult ones. Thank you
In Gili T, the only vehicles are horse-drawn carts or bicycles. No scooters or cars allowed. :)
@@ExploringSumatra yes thank you 😊
And in Nusa Penida the roads are ok , i learn to drive there :))
@@RandomTravellers thank you! I heard lombok mainland has very good roads but nusa penida has a lot of loose gravel and is steep. I am actually the most worried about nusa penida
Many foreigners know Bali but don't know if Bali is in Indonesia. if you love bali and live in bali you must learn Indonesian language.
Great Video and Super informative. I have to watch it a few more times and take some notes,
Take notes then check every single things out twice with serious law professionals then lease or just follow just « buy » stuff you won’t ever owned, such is life.
Currently building mine right now! Happy I checked your video, confirmed I did the right thing :D Thanks for all the helpful infos as always
Good luck with the build !
@@lostleblanc thank you! hope yours goes well too!
thank you. You saved me a ton of time investigating this
I knew there would be a few people who were like me last year trying to find the answers so im glad I can help 🤜🏼🤛🏼
Nice one
🔨🔨🔨
Awesome Bali video again. Exciting topic for all international investors and high value expats. Like your style. Keep it going. Thanks Christian!
Irresponsible telling foreigners they can own land here.. MUTE POINT..ITS IMPOSSIBLE!! So many comments telling him he is wrong, and he is. We know what WE are talking about...been there ,done that.. He should stick to travel vlogs.. He is has a huge disadvantage, not speaking the language. Trusting anyone here with your money here is just adolescent. A fool and his money soon part ways
@@peteiovene9177 You have a point too. I agree. And I know, It is much more risky and difficult in Indonesia and Bali than it seems. Expected ROI might still be well worth it.
@@mikapyhamaki you can never predict tomorrow. He cannot sell this villa nor leave it as an inheritance to non indonesian wife. I have seen cases here of the owner leaving Bali and having a " trusted lokal friend" run the villa... They rented the villa without owners knowledge and pocketed 1 year of profit. Trusting people here is not a good idea...especially when your a bule and money is involved
Great videos , congrats Christian
I've lived in Bali 3 years. Finalized on 5 are last fall, outside Ubud, was pretty straight forward, just time consuming. Will be building in 2 years. Kudos on your video. Will help a lot of people. It can be a minefield for dreamers and the uninformed. Made many contacts and have reliable trades persons and crew, but interested to know who was your contractor.
May I ask, what type of visa do you have and are you using a PT-PMA?
When you leasehold now. Did you had to pay for the land first ? or you pay for the land after you start building ?
@@nancyguo01 land first
I think he bought freehold with a pma company
Great video! There's also a third way for a freehold lease, be married to an Indonesian 😉 Sanur is also a nice area for families.
Married or not you can not own in Indonesia.
Thanks man for the info ❤
Thanks a lot for the information.
Title should read: HOW TO LEASE A BALI VILLA (Please don't take advice from CZcamsrs).
Buy = ownership = freehold. This is not possible for foreigners, either private or PMA (foreign investment company).
Leasehold is what you should be saying. In your case a PMA (foreign investment company) will hold a HGB (Hak Guna Bangunan) on the land which is valid for only an initial 30 years, so it's a leasehold.
Christian, you and your supposed "legal advisers" should be ashamed of yourselves, and you doubling down on your answers to many comments that you own the land freehold with a PMA (foreign investment company) is very irresponsible! Please clarify this so your followers are not misled.
100% correct info... it cannot be sold . So why build and not just rent?? He will learn the hard way as many other smartest in the room types have already...
I agree. We are renting our land for 30 years, we will never own it as foreigners, and that is fine with us. Reading through the comments, I can't believe how many people are buying into what he is saying! I wonder what would happen to him if an Indonesian immigration or tax official was to watch his video...
What he is saying is that foreigner can own a pma which owns the freehold land. SIMPLE right? What’s the fuss about? And him not responding is making it even more irritating for the commentators…lol
@@alexandertraveler510 no incorrect...he OWNS NOTHING!! He rents for 30 years. The PMA is just away around putting the land in an Indo nesian citizens name. The property cannot be sold nor the home. Nor can it be inherited. So you basically are building a villa on land you will never own and then after 30 years if the land owner doesnt want to renew freehold, he keeps your villa on his land...
@@alexandertraveler510 all the commentators are trying to explain because we have seen countless foreigners swindled here. All the advice given is sound good advice from people who already OWN OUT RIGHT property here. Not my money i dont care.. posting lies about owning land here is at best irresponsible
Correction, ARE measurement is only common for Bali, outside Bali that will be m2. Cheers!
This was great. im looking to buy in perenan right now. you prob saved me alot of hassle. thanks g
You are amazing, dude.. awaiting to visit ur villa soon ...
and just for info guys, the local government is in the process of providing a long-term visa of about 5 years for digital nomads, so during that time you don't need to extend the visa and tax free if your income is proven from foreign changes. Just check the news ...
Yes. It’s going to ruin Bali.
are you sure? where did you get that info fro? everyone ive spoken to in bali about it and all the info ive seen in the fb groups says its just normal talk for the government and they arent actually close to doing it
@@HenryTravelPal god, I hope you’re right.