We all know the majority of tourists who are interested in investing in a villa in Bali are foreigners. But what you may not know is that there’s a lot of process for the paperwork before they can take ownership of a property compared to native Indonesian. In this article, I would like to share some documents that international tourists need in order to safely own or rent Bali villas.
Lists of Bali Villas related permit required by foreigners
Social and Culture Visa
This is a standard visa that foreigner needs in order to visit friends or relatives in Indonesia. I’m sure most tourists already know this but I’ll explain just in case. Social and culture visa required sponsorship from Indonesian citizen in order to be approved.
Aside from the sponsorship, you also need a copy of the passport and 2 passport-sized photos. This visa is eligible for 60 days and can be extended 4 times with 30 days duration each time.
Single/Multiple Entry Business Visa
Just having a social and culture visa doesn’t mean you can do whatever you want in Indonesia. You are still prohibited from working, doing business or taking employment. This visa does allow you to do work and business activities in Bali, but not taking employment. Suitable if you decide to start a villa business instead.
There are 2 kinds of business visa, single and multiple entry. The difference is just the amount of time that you get, 6 or 12 months. The process and documents needed are way more complicated than social culture visas, since it needs permission from the company in Indonesia where you go.
The details of the procedure and requirements can be checked in our site, on the Single or Multiple Business Visa section.
PMA (Foreign Investment Company)
Now other than doing business, investment permit is also required regarding villas. Just like a business visa, it also requires lots of documents such as a permit from the company (the real estate in this case) and a building permit (IMB).
You are also required to have an Indonesian citizen as a shareholder, and even need a permit from the Minister of Justice. Again the details can be checked in Kibarer, under the PMA section.
For those who intend to spend the retirement days enjoying the beautiful island of Bali, retirement visa is recommended to take. This visa only applies to foreigners above 55 years old and have no intention to work. Also, the said person has to be able to support him/herself financially.
The requirements are not too complex but the procedure can take up to 2 months. So it best to prepare in advance to apply for a visa, so you can predict when you’re going to start living in Bali. A copy of passport, proof of pension, photographs and also proof of accommodation in Bali is pretty much the only documents required to apply.
Different Visas required for different situations
That was some brief information about many kinds of visas that required related to owning, renting or doing business in Bali villas. If you wanted to know more, please check out the Lawyer and Notary section on our Kibarer site. Cheers!