Foreign Land Ownership Laws – Are they about to Change – Announcement early September 2020

JAKARTA - Indonesia is set to relax property rules soon to make it easier for foreigners to own homes in the country, a Cabinet minister said on Thursday (July 23), in a major change that could spur the slumping economy. Agrarian and Spatial Planning Minister Sofyan Djalil told property tycoons in a webinar that the new property rules set to be ratified into law by the end of next month (August), will...

Reopening of Bali Could be Delayed Until End of 2020

The Coordinating Minister for Maritime Affairs and Investment, Pak Luhut Binsar Panjaitan, announced that Indonesian officials will not open the tourism sector to foreign tourists until the end of 2020. The Provincial Government of Bali was set to reopen the tourism sector for foreign tourists on September 11, 2020, followed by strict health protocols to reduce the potential for transmission of...

Australian Publication-The Hotel Conversation

How Asia hotels are navigating an unprecedented cash crunch   Just how severe is the cash crunch currently faced by the Asian hospitality industry? AddThis Sharing Buttons Share to FacebookShare to TwitterShare to LinkedInShare to WhatsAppShare to More2 In simplest terms, hotels are in a serious but not hopeless situation. In comparison with other real estate asset classes, the impact of...

State Department Lifts International “Do Not Travel” Warning

The U.S. Department of State lifted its "Do Not Travel" advisory for all international travel on Thursday after nearly five months. The advisory was put in place in March as cases of COVID-19 began to spread exponentially around the world. The bulletin originally placed all countries outside the U.S. under a Level 4: Do Not Travel warning—the highest level advisory—due to the risk of contracting...

A Trip Around Bali: Favorite Outdoor Attractions Are Now Open

After over two months of lock-down and a downturn on the island’s economy, things are finally getting back on track as more places open for business. From beaches, restaurants, cafes, boutiques, and even dance clubs, Bali has definitely been busier as places continue to welcome locals, tourists and expats with amazing deals and promotions. As things pick up in South Bali, with places like Seminyak,...

What opportunities await your real estate investment in Bali for 2020

According to the Scottish-American industrialist Andrew Carnegie, “90 percent of millionaires become so through owning real estate.” There is no doubt that with the proper knowledge and guidance, real estate investment can lead to profit and security for home owners. For those who are thinking of investing in real estate, there are many opportunities that await you. As the old adage go, it’s all...

Why Long-Term Rentals Villas In Bali Are In-Demand Right Now

The Roseburrys were set on a two-week holiday in Bali before the pandemic broke and shook the world. Quickly after they have arrived in Bali back in March, 2020, the airports were shut down and establishments were closed until further notice. Fast-forward to three months later, and now they find themselves in love and immersed with the nature and tranquility of the island and staying in a Luxury Villa in...

Questions to Ask Before Buying Property in Bali

Property investment can be very tricky. It entails a lot of research, due diligence, and legalities that most people are not too accustomed to—and this is fine—as long as you have the right information, guidance and advice coming from industry experts who know the local rules that make up ownership/leasehold possible in the area. Before considering buying a villa in Bali, whether it be a beachfront...

Richard Ernster’s Inspirational Success Story in Bali’s Real Estate Investment

What’s the secret to good investments in Bali property, you may ask? It seems that most investors have it all together wealth, knowledge and a steady stream of income while they sit back and relax as they watch their account grow. Especially so in the paradise island of Bali, with a tropical lush backdrop that awaits tourists, travelers and lifestyle investors. Investors from all over the world are...

Hot Areas to Buy a Villa In Bali

Up and Coming Areas to Buy A Villa in Bali Looking to buy your first Bali home or Villa or perhaps you’re thinking where to put your next Bali property investment? With the island getting busier by the minute, location remains to be the key when buying property in Bali. Of course, it goes without saying, that prime locations such as Seminyak, Kuta and Legian are hotspots for real estate investments,...

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