Everything you need to know about buying property in Bali! | Real Estate in Bali 

Chidi, I am so proud of you for such a young person taking that big leap into another world. Thanks for sharing your beautiful home with me, blessing and honor.

Not mentioned in the video is an important personal tax consideration before you buy in Bali if you plan to live there. Indonesia taxes worldwide income and you don't need to have much income before you are in the 30% tax bracket. There are lots of countries with tax treaties with Indonesia, so it is good to know what tax liability you will create with Indonesia based on your income in your home country. For example, if you are a digital worker you'll need a work visa in Indonesia. Then if a client or an employer in another country pays you anything, Indonesia will take 30% of that earnings. Same if you have a pension in another country or capital gains when you sell your home there or collect rents, etc. It would be a shame to get deported and your assets seized for back taxes. This video only covers buying property, but that is just scratching the surface of all the things you need to consider.

I always dreamed of owning property in a foreign country and watching your journey has been truly inspiring. Thanks for sharing. Your home is truly beautiful. Planning a small retreat to Bali in 2023, really excited to see what Bali has to offer.

Excellent video. We are Australian and have recently invested in building a villa just outside of Canggu. We are excited about our project and excited to semi retire in Bali in a few more years. The cost of living in Australiz now is stressful, I can't see it getting better an time soon either.

this is by far the best informative video on investing outside the USA that I have seen thus far. I’m considering the move now for sure, Thank-you for sharing!

That's what I'm thinking too, if I spent so much in a house, I want my kids to own it at the end. If the contract is not renewed then your house is gone. 25 or 30 is short term for me. I love Bali but this idea is not for me

Thank you for this video! This is a gem!!

Can I just say I’m very proud of you I always wanted to visit since I was 24, but not I’m definitely moving there. I’ve given me so big goals to accomplish right now Learning the language. Bless you sis

You answered my biggest question about investing in Bali regarding the process of extending the lease-hold. Thank you for the fantastic video!

Great info! Thanks sis I’m definitely taking notes. Planning on visiting soon and potentially investing 💙

Super helpful thanks guy's for making this video.😊

This is a excellent and very informative interview Chidi. You asked great questions. Thank you for sharing that information.🤗 Oh, I'm a new subscriber by the way.

Love it! Thank you @chidi

THANKS FOR THIS VIDEO! SO HELPFUL!

This is an amazing video I’ve been thinking about investing in Bali for a while and possibly moving there I’m so excited to use this info

She is so mature for her age. ❤️

EDIT: Her build was over 400k. He said 250k budget, which is for two bedroom properties… and I guess the price could change if it is lease or freehold.

Umalas is the perfect area actually because it's close to Berawa/Canggu, Seminyak, Denpasar, also it's quieter and Residencial area.

Thank you so much for the information. I now understand why leasehold works for foreigners in Bali.

Great video, Beautiful home...

I would take this advice with a grain is salt, you cannot own land in Indonesia you can rent or lease even a pma can only lease and if the company has not payed up the millions to invest the government can close you down and you end up with nothing.

Very informative vídeo ,thanks Chidi you always deliver 👍🏽👍🏽

Wow thank you for this video! Such great information 👌

Good stuff...tnxs for sharing....

Great video. One thing to consider is how investors’ wealth can negatively affect the indigenous people who call Bali their birth home. I live in Hawaii and we have faced the largest inflation boom in decades. The average single family home is 1 million dollars. Working professionals, even with medical degrees or business owners, are finding it very difficult to own. In the short run everyone is happy, making money, business is booming, but as you gentrify a rural civilization the people who’ve lived there either learn a new trade to keep up with the inflation or discover their skill is now considered obsolete and are forced to lower their living standards. Look into the real Hawaii, see how the economy has been negatively affected and how middle class has become pushed out of the buyers market. Realize with increased migration you’ll be pushing the locals out of their homes. In the long run people of Bali will reflect on what their ancestors once had will be lost. Culture, traditions, ways of life will be changed forever.

This is great information! Thanks Chidi.

Thanks for a very informative video. Loved it

Thanks a lot Ashley and that entrepreneur

Wow, wow, wow ♥️ I could watch this video over and over. I am in such Awe.

I just wanna say you have good taste… respect…

Very good video - Key thing to know that this is an endeavor that is going to likely require all cash upfront.- info which comes at the very end of the video.

I’m a U.S. citizen/ fellow NYU alum who has been living in Indonesia for 20+ years…Love your videos and amazing original/ authentic property in Bali! But one clarification about land ownership in Bali by foreigners: your guest is correct that foreigners can’t own land ‘hak milik/ freehold’ … but he’s wrong that by setting up a PT/PMA you can own land freehold . This use/ purchase agreement is called Hak Guna Bangunan (HGB) and means that you have a ‘right to use /develop’ the land for 30 years with a 20 year extension and 30 year renewal option- but the government still owns the land during that period of 30+ 20 + 30 ;and most important since this new law was passed in 2021/22 it could be subject to change in the future so there is risk involved for the extension. While it’s still a better option than a straight leasehold where an Indonesian local owns the property freehold and you are simply leasing for 30 years and then if you want to extend you need to re-purchase the land at the new market rate. This is a big misperception in the Indonesian property market and it’s something to be aware of as there are now thousands of cases in Balinese courts between locals and foreigners who didn’t understand these distinctions 🙏🏻

Chidi, what process did you use when you built your villa?

Hi Chidi, just wanted to know why you chose to property invest in Bali and not Jamaxia, Thailand or Seychelles? what is so special bout Bali that made you want to invest there specifically?

very informative video kindly let me know can we buy the apartment in jakarta at my own name or other cities

Lol I LIKE HE FUNNY AND SO OPEN AND JUST A NICE PERSON

I want to build a house like this in my home country Senegal currently living in USA I wanna copy the same style as you. 🥰😍😍

Sorry just wanting to clarify, you can lease land and then build on it? And leasing you land you like rent it/ray a yearly fee etc?

This is amazing ❤️

Super informative video for potential investors. Do the same laws also apply on Lombok?

New subscriber here Chidi Ashley. Definitely interested in visiting Indonesia. I have some business propositions in mind to discuss with you when I eventually visit the country.

Since there isn’t a mortgage, what and how much are your monthly/annual expenses (i.e., taxes, homeowner’s insurance, public works, etc)?

To build a house like that in your home country is more better . Maybe the second one you will build in home country please

What are u doing for living?

So proud of you, Chidi! Are you of Igbo descent?

IF YOU ARE buying a leasehold property not being a resident how much tax do you have to pay at the time of the purchase?

Do you help with visas

Thanks for the great video! Can I ask if a property is in a yellow / residential zone, is there a way for us to rent it out on airbnb for daily rental legally?

What if you are not building and you want to lease a place for 25 years. What is the down payment to take over a lease.

Thank you, very interesting and well explained! At the end of 25 or 30 years of a leasehold, how much do I have to pay to renew? A fixed amount or percentage or do I have to haggle like at the beginning? Many thanks.

Remember when I said I was gonna work with you one day? Probably not.. Well…….. it’s coming along. I’m excited. I’ll be stepping to you real soon divine. Great video btw 🖤🌹

Just wondering if you could post your email to ask you few things about Information Technology in Bali. Thank you.

How many foreigners lost money and had to sell at a loss during this pandemic ?

Please share your architectural drawings with us.

Cheers to crypto, hoping one day its going to put me into early retirement 😊Bali can't wait 😄

Hi there. I'm so happy to have found you. Your videos are an inspiration to thousands I'm sure. Do you have an email address where your fans can contact you?

Can you extend another 30 years upfront?

Great via n info .. thx so much. The one concern I have heard .. n I don't know if its legit btw .. is if you buy a leasehold property or land, and the person who owns the property/land passes away, then your lease is null n void. Is this for real?

Just curious, are ALL homes called VILLAS or is this different from regular homes. I'm interested in buying a home to live year round, I suppose like you did . I want something very simple with more wood instead of concrete and granite:). Thank you🙏🏻🇨🇦💜

What do you do for income to live in Bali besides RU-vid

The Indonesians people are pretty smart. If you think about it. They let you built the country for them. First, You don't really own anything out right. Remember you leasing the land to built . The land owner can decide not to renew your lease in a house you spent 500k to 700k to build. That being said, the company can ran out of business or land leaser can die and their children say no more. Then what? You gonna lose that house, unfortunately you can't take it anywhere with you even after 50 years of contract. Good luck, the house you built will be theirs at the end.

Chidi do u need an employe? please let me know.. I'm Indonesian

This is very informative and made my decision stronger to not build a house in Indonesia. Very risky .. ps: there is a video about a English couple who try to sale there house in Bali and the owner of the land reject it.. you can check out the video on “The Monkeys” Chanel.

It's a PBG not a PGB ....

They do that in Africa

Am I able to put my Indonesian business under my U.S. trust? if I wanted to build my property and something happens to me within 3 years how can I make sure my daughter is able to continue on with the remaining years

Bali : Pieces of Heaven fall down On Indonesia

Long term inflation is reducing tourists purchasing land, etc anywhere in the world right now (March 2023). Or the number of ppl buying big purchases have reduced quite a bit since the time you produced this vlog.

I almost furious with your vidio and thinking about to sue our goverment lol, gladly it still following the rule, yea its for protecting us the local, i am also working as personal assistant for foreign CEO so i’m very familiar with the rule Wellcome home to Indonesia beautiful lady

GUYS please listen, you CANT (AND I HOPE WILL NEVER BE ABLE) To purchase and own land in Indonesia, you can buy under other people's name, or marry a local and buy land under her/his name. When you rent land from local, please be mindful that the locals understand what it is so they have the same perspective as you, please be fair and also be careful. This law is in the grey area and they are talking about the "trick", you might end up with no property at all, and please remember the land is belong to a family who might have their own culture based rule that you dont understand. I feel this content oversimplify the govt regulation..

Can you PLEASE donate to African nyako in Uganda for the chn in schools for benches, breakfast/ lunch, books, pens…they truly NEED assistance( view her video …African nyako)

And.... I have no idea where I'll be 20-30 yrs, let alone tomorrow so leasehold is a mort-gage( death pledge), it's what keeps people killing themselves trying to pay off something that they'll never OWN....because all mortgages are fraudulent you are " always" a tenant in the home... this is another part of the fraud. Much more to say but not here, too long.😊🙏🏻

Um hai guys.. If you interest for buying a villa with ocean view at Lombok Nusa tenggara Timur, indonesia... Pls contact me! I want sell a property for investment :) thankyou