An IMB is essentially the building permit or “permit to establish a building” that also serves as a registration document for the building and specifies what the building can be used for. The IMB permit defines (through a pile of associated documents that are lodged with the application) the spe...
Can foreigners buy property in Indonesia? As stated in the regulation of foreign property ownership, Government Regulation (PP) No. 103 issued late December 2015, not all foreigners are permitted to purchase domestic property. There are several conditions that must be met, and listed below are so...
Do your homework first before even considering buying a property in Bali. There are many stringent laws regarding foreign property ownership and without professional guidance from the Paradise Property Group, you risk running into unnecessary problems. Buying a villa in Bali is a big investment dec...
Foreigners wishing to purchase property in Indonesia, whether for personal or commercial purposes, need to be aware that the property laws and ownership structures differ from the legal conventions that apply in their home country. Indonesia has stringent requirements in regards to acquiring proper...
Australians and New Zealanders who are reaching retirement age & planning on investing their money in property, should look further afield than Australia & New Zealand & consider Bali as the perfect place to relax and enjoy their nest egg. And one reason, is because your hard earned doll...
With its huge market potential, Indonesia gets more and more attention of foreign investors to set up a business in the country. Apart from the benefits, Indonesia Law No. 40/2007 rules that foreign investors can conduct commercial activities in Indonesia by setting up a legal entity called a foreig...
Tourism and hospitality in Bali and beyond is no longer a secret for the entire world. This heavenly island has so many things to offer in tourism sectors, from the white sandy beautiful beaches, underwater colorful coral reefs, playful waves for surfing, peaceful lake in surrounded by the majestic ...
In Bali there are no parking problems, you can park anywhere you want. In Bali there are no zoning regulations, you can build anywhere you want. Not true. Zoning regulations are a hot topic these days in Bali. Land is zoned under many different categories, most starting off as agriculture land,...
Truth be told, Canggu has changed a lot in recent years. It used to be an escape into the wilderness through flowing rice fields and swaying coconut groves to some almost well-kept secret world-class surf breaks. Times have changed though and rapid development has well and truly moved in to the area...
We stumbled across this interesting analysis of the property market in Bali and the islands to the east, which was originally posted by InBali in September last year and wanted to share it with you some 10 months later because of how accurate it has turned out to be. Bill Barnett from C9 Hotelwork...