US investor - buying property in Bali for rental income - Bali forum

US investor - buying property in Bali for rental income

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alyonamerritt Member

Member since 03 April 2024

alyonamerrittMember03 April 2024 19:54:39

Hi everyone, I am a new investor from the US looking at the new construction properties in Bali as a short term rental income opportunity. It comes with property management component and is structured as leasehold agreement for 30 years.

Is there anyone in this group that went through a similar investment from US that can share tips and tricks of how they executed the transaction end to end? There are lots of considerations, taxes in both countries, legalities, fees, etc. I am having a hard time finding a local international real estate professional specializing in Bali that can walk me through the process.

Ideally someone who funded it using SDIRA (self-directed IRA), not cash. TIA.

Fred Indonesia Expert

Member since 02 August 2009

A smile is the universal welcome.
Max Eastman

FredIndonesia Expert03 April 2024 20:05:25

28325

The first step is to form a PT PMA. You'll find that information on the net.

another issue will be quality control听 - You have to watch the builders like a hawk.

As for the rest, that's legal jiggery pokery you'll need serious professional advice to get right.

Ryan_chaniago Contributor

Member since 20 September 2020

Ryan_chaniagoContributor04 April 2024 10:01:21

110

Mr. Fred is right, the most difficult thing is controlling the work of your builders.

Sometimes we local residents often get into trouble without monitoring the builders.

Create a PT PMA so that it is legal for you to do that.听 Actually, there are many construction service companies.听 But if you don't have legality, it will be difficult to overcome any issue.

harrisonsj8 Member

Member since 16 April 2024

harrisonsj8Member16 April 2024 03:12:16

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