Freehold means full ownership of the land, but according to Indonesian law, foreigners cannot own freehold property directly. However, this is possible by establishing a company in Indonesia, such as a PMA (Penanaman Modal Asing) or PT (Perseroan Terbatas). This company can then act as the owner of the land and buy and manage real estate. While freehold provides more control, the costs are higher, and setting up a company involves additional administrative burdens.
Foreigners can own property in Bali, but it is important to understand which form of ownership best suits your situation: leasehold for a more accessible and affordable option, or freehold via a PMA or PT for full control and ownership. By following the right steps, you can safely invest in the thriving real estate market in Bali.
