Highway Bali offers you a high quality Bali real estate and property protection service at a reasonable price. Indonesian real estate law is complicated and ambiguous but there are 12,000 foreign residents in Bali and many of them have complete control over their own businesses and real estate investments. Highway Bali will explain the legal process clearly and provide you with the maximum level of protection available to foreigners in Indonesia.
20 Years Experience In Real Estate & Local Knowledge
...makes us the experts
Highway Bali has assisted many foreigners and foreign owned companies to safeguard their Bali Real Estate investment with 100 percent success. We have done the research and spent the money to safeguard our own investments and have complete understanding of the situation. For us to help you protect your investment in Bali real estate is not cheap but it is little compared to the price of the investment and will save you trouble and loss in the long run.
In the past we have had to troubleshoot on behalf of many more people who tried to save time and money by avoiding Bali real estate laws. We are sorry to say that it has not always been possible to help those property "owners". It is very important to safeguard your investment according to Indonesian law.
Balinese Real Estate & Property Law
...total independence
Foreigners and even foreign owned companies cannot own real estate in Bali, please do not waste your time trying to avoid Balinese Adat (law). You may find someone who says that you can own property in Bali Indonesia but this is not true, you can only lease Bali real estate. Indonesian property law and Article 21 of the Balinese Agrarian Code states that foreigners and foreign owned companies (such as PMA) cannot own land in Bali.
Real estate in Bali Indonesia must be leased and a number of documents are absolutely necessary to make a lease agreement legal. A lease agreement is actually a partnership between you and a local entity, it is important to select this person with extreme care. Highway Bali can arrange a partnership between you and a reliable member of the Balinese community.
Legal Documents Required
Lease Agreements
As foreigners and foreign owned companies cannot own property in Bali or in Indonesia a property lease agreement is the best solution. A property lease agreement signed and recorded by a Balinese Notaris is the highest property right a foreigner can have in Indonesia.
Loan Agreements
A time indexed loan agreement is an important part of the lease agreement. The loan agreement ensures that when selling the property you will receive from the lessor both your original capital plus any added value.
Mortgages
By taking out a mortgage on the property in your name you will add another layer of security to your investment protection. If the lessor attempts to sell your property without authorisation the sale will be blocked during the due diligence process as the mortgage is outstanding
Memorandum Of Understanding (MOU)
A Memorandum Of Understanding clearly defines the role of all participants in the contract. It should be annexed to all other documents again increasing your level of protection.
Power Of Attorney
The power of attorney gives you total control over the partnership. The lessor becomes a "sleeping partner" with no control over your property.
Our Price & Guarantee
There are various levels of investment protection services available in Bali. Widely available and cheapest are the many "cut price" investment consultants, you should not build your future in Bali on this foundation. At the opposite end of the scale are some 5 star legal companies who do a great job of protecting your investment but at a extreme cost.
Highway Bali believes that we offer the best combination of price and quality service in Bali. We spent more than one year and USD$ 30,000 researching the market and locating the associates that enable us to offer the same level of protection as the high priced agencies at around 70% cheaper. At the same time we only charge 50% more than the "cut rate" agencies who provide an inferior level of protection at rock bottom prices.
Highway Bali believes that we offer the best real estate investment contracts in Bali. We ensure that all contracts are secured under current Indonesian real estate and property laws. We guarantee that by following our advice you will have the highest level of protection available to foreigners in Indonesia.
Other Options
The certificate of real estate ownership in Indonesia is known as the "Hak Milik". If you want to hold the Hak Milik Certificate Of Propriety you must be an Indonesian citizen. It is legally possible to become an Indonesian citizen and we can help if this option interests you.
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