Second Home Visa Indonesia

Indonesia, with its stunning natural and cultural riches, has always been a magnet for tourists and expatriates. Now, with the Second Home Visa (SHV) Indonesia, the opportunity to enjoy the beauty of the archipelago for a long period of time is even easier. SHV is a new breakthrough from the Indonesian government which makes it easy for foreigners to live and settle in Indonesia for 5 years and can be extended. This visa is specifically designed for those who want to live or travel without having to worry about short-term stay visas. More than just a visa, SHV offers various exclusive benefits for its holders, such as easy access to various tourist destinations, ease of opening a bank account, and the right to bring immediate family members. For nature lovers, Indonesia offers unrivaled panoramas, from stunning white sand beaches to towering volcanoes. For culture lovers, Indonesia is a paradise with a variety of unique traditions and customs in each region. SHV opens up new opportunities for you to experience new life in Indonesia. Experience the hospitality of the local people, taste delicious culinary specialties, and learn about the rich and diverse culture. Make your dream of living and traveling in Indonesia, especially Bali, come true with the Second Home Visa Indonesia. Photo by Jannet Serhan: https://www.pexels.com/photo/door-in-between-statues-2803276/ Benefits of Having a Second Home Visa Indonesia As Holding an SHV will give you various benefits, such as easy access to various tourist destinations in Indonesia, ease of opening a bank account in Indonesia, the right to bring immediate family members, and the opportunity to work in Indonesia if you meet the requirements for a residence permit. Apart from that, if you have an SHV you can stay in Indonesia for 5 years and can be extended if you want. Procedure Second Home Visa Indonesia To get SHV ​​you can visit the site https://evisa.imigrasi.go.id/, the SHV processing time period is around 4 days with the following procedural stages:   Checking the completeness of requirements; Verify payment of immigration fees in accordance with statutory provisions; Profile creation and verification; Visa approval and issuance. Required Documents Second Home Visa Indonesia To get a second home visa you need to complete the following requirements which must be met within 90 days from the date of granting the limited stay permit:   Nationality passport valid for at least 6 months before expiry; Recent color photograph; Proof of immigration guarantee; Proof of living expenses while living in Indonesia;   Apart from the general requirements that you need to fulfill, there are also special requirements, including: Commitment statement that must be completed within 90 days after arrival date, such as: a. Deposit funds in an account in the name of a Foreigner at a state-owned bank with a value of US$130,000 (one hundred thirty thousand US Dollars), orb. Buy property in Indonesia such as an apartment/flat house with a value of US$1,000,000 (one million US Dollars). Does and Don’ts to Know If you have obtained SHV, apart from getting the rights attached to having the visa, you also have an obligation to comply with the laws and regulations in force in Indonesia; respect the customs of the place where you will live; as well as having sufficient living expenses while living in Indonesia, the restrictions that you must not violate while living in Indonesia include:   Staying in Indonesian territory beyond the period of residence permit, Selling goods or services, Receiving compensation, wages, or the like from individuals or corporations in Indonesia. Also Read : Securing Your Dream Property in Bali With Just a Passport Cost Component Second Home Visa Indonesia Overall, getting a second home visa costs IDR 13,000,000 for a period of 5 years. The cost components that you need to pay include: Visa Fee: IDR 500,000 Verification Fee I/II: RP. 2,000,000 ITAS: RP. 1,500,000 IMK: RP. 1,000,000 Other Information About Second Home Visa Indonesia When you fulfill the requirements, you will automatically obtain an Electronic Limited Stay Permit (e-ITAS) and Re-Entry Permit upon arrival at the Immigration Checkpoint (For this you do not need to go to the immigration office to obtain a Limited Stay Permit and Re-Entry Permit). Staying in Indonesia for the duration of your residence permit, engaging in prohibited activities, not complying with visa conditions, and/or not complying with Indonesian law may result in you paying fines, being deported, and/or other legal prosecution. Apart from electronic limited stay permits, limited stay permits also have a physical card which is available at the immigration office.   The implementation of the Second Home Visa (SHV) in Indonesia provides benefits for SHV holders, such as ease of long-term stay and access to various facilities in Indonesia, apart from that it is also the best place to enjoy retirement.If you are looking for a second home in Indonesia, especially in Bali, you can contact Nusa Aurum to get your dream home. If you are interested, fill in the form below for us to contact you further Reference https://evisa.imigrasi.go.id/web/visa-selection https://ntb.kemenkumham.go.id/berita-kanwil/berita-utama/5732-apa-itu-second-home-visa-atau-visa-rumah-kedua#:~:text=Apa%20Itu%20Visa%20Rumah%20Kedua,tahun%20setelah%20memenuhi%20pesyaratan%20tertentu. https://www.detik.com/edu/detikpedia/d-6474820/mengenal-second-home-visa-kebijakan-yang-buat-wna-bisa-tinggal-hingga-10-tahun https://kepriprov.go.id/berita/gubernur/menkumham-ri-yasonna-h-laoly-luncurkan-second-home-visa-di-kepri http://semarang.imigrasi.go.id/?p=68282

Securing Your Dream Property in Bali With Just a Passport

Buying property in Bali is now increasingly easier, especially for foreign citizens (WNA) because only with passport capital you can buy the property you dream of in Bali. The Indonesian government has issued several regulations that make property ownership easier for foreigners, The legal basis that permits this is: Government Regulation (PP) Number 18 of 2021 in Article 69 is writes that foreigners who can own a house or residence are those who have immigration documents by the provisions of the laws and regulations. Documents Required to Own Property in Bali Currently, if a foreigner wants to buy property in Indonesia in an illegal way, namely using a nominee scheme or borrowing the name of an Indonesian citizen, now the existing rules are clearer for foreign citizens (WNA), of course this does not violate the laws in force in Indonesia. The only document needed is a passport, you don’t need to have a KITAS (Limited Stay Permit Card) / KITAP (Permanent Stay Permit Card) instead you will be able to have a limited/permanent stay permit by buying a house in Indonesia. Favorite Areas for Buying Property in Indonesia There are special regulations if you want to own property in Indonesia for foreign citizens to buy a house in Indonesia, the legal basis that applies is the decision of the Minister of ATR/Head of BPN Number 1241/SK-HK.02/IX/2022 concerning the Acquisition and Price of Residential Houses /Housing for Foreigners which regulates the minimum price limit for property ownership in several areas, on the other hand there is also a rule that the maximum ownership per family is not to have more than 2,000 square meters. Minimum House Price Limits for Foreigners: DKI Jakarta IDR 5 billion Banten IDR 5 billion West Java IDR 5 billion Central Java IDR 5 billion East Java IDR 5 billion IN Yogyakarta IDR 5 billion Bali IDR 5 billion NTB IDR 3 billion North Sumatra IDR 2 billion East Kalimantan IDR 2 billion South Sulawesi IDR 2 billion Riau Islands IDR 2 billion Other regions/provinces IDR 1 billion Minimum price limits for flats for foreigners: DKI Jakarta IDR 3 billion Banten IDR 2 billion West Java IDR 2 billion Central Java IDR 2 billion East Java IDR 2 billion Bali IDR 2 billion IN Yogyakarta IDR 2 billion Other regions/provinces IDR 1 billion. Steps to Buying Property in Bali Buyers are looking for a house they want to buy, to find the best place to live you can contact us. After looking for the house you want to buy, prospective buyers contact the seller for purchases by signing a Sales and Purchase Agreement (PPJB). The signing of the Sale and Purchase Agreement (PPJB) is carried out in the presence of the Land Deed Making Officer (PPAT) After that, pay Value Added Tax (VAT) and Land and Building Rights Acquisition Fee (BPHTB). The certification process will be carried out by a notary at the National Land Agency (BPN). To purchase a landed house, the ownership/building use rights certificate (HGB) must be changed to a use rights certificate. Meanwhile, for flats, the ownership certificate for the flat unit will be processed.   Congratulations, you have successfully purchased a property in Bali. If you want to consult about buying a house in Indonesia, especially Bali, which is an area that is famous for being a world paradise in tourism in Indonesia, suitable for you when you retire, you can consult with Nusa Aurum which residence is suitable for you. Reference :   https://www.detik.com/properti/berita/d-6857990/4-fakta-wna-bisa-punya-rumah-di-indonesia-modal-paspor-hingga-batas-harganya/5https://www.kompas.com/properti/read/2023/08/03/134932321/warga-negara-asing-ingin-beli-properti-di-indonesia-cuma-modal-paspor

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Golden VISA: Investment Opportunities in Bali

Indonesia has currently issued a Golden Visa which can specifically be obtained by foreign investors. In January 2024, Indonesia has issued 62 Golden Visas 62 Golden Visas. The legal basis for implementing this Golden Visa is: Regulation of the Minister of Law and Human Rights (Permenkumham) Number 22 of 2023 concerning Visas and Stay Permits as well as Regulation of the Minister of Finance Number 82 of 2023 which was promulgated on 30 August 2023. This visa allows investors to get more benefits than a general visa, namely in the form of the opportunity to stay for a longer period, apart from that, Golden Visa holders can also get the right to own assets in Indonesia. According from the Indonesian Ministry of Tourism’s website, there will be 10 types of Golden Visa, namely individual investors, business founder investors, investors who are not starting a business, ex-WNI diaspora, global talent, and digital nomads.Indonesia has issued 62 Golden Visas What is a Golden Visa The Golden Visa is a country’s immigration program specifically for investors who want to invest in that country. Indonesia is not the only country that has this program. It is estimated that the Golden Visa has been implemented in more than 60 countries. The Golden Visa program aims to attract foreign investment into Indonesia with the hope of encouraging economic growth and opening up job opportunities for the Indonesian people.  Some examples of countries that have a golden visa scheme include: Greece Cyprus Italy Portugal Spanish USA Singapore Australia Benefit For Golden Visa Holders By holding a Golden Visa, you as an investor will get several benefits, including: Longer stay time in Indonesia Ease of entry and exit in Indonesia Efficient in processing ITAS (temporary residence permit) Carrying out business and investment activities Access to education and health services in Indonesia Freedom to do holiday activities, visit family and friends as long as you obtain the residence permit. Procedure for Obtaining a Golden Visa According to information published on the Immigration website of the Government of the Republic of Indonesia, there are several Golden Visas that you can choose according to the qualifications you have, including: Index E33E Index E32A Repatriation of ex-Indonesian citizens Index E32B Index E33 (Second House) E28B Index (Foreign Investors Without Establishing a Company) Index E28D Index E28F Index E31E Index E31B Index E33F Index E33A Index E33B Index E31H Index E32 Index E33C E33D Index (World Figures) In this article we will discuss in more depth the Golden Visa which is suitable for usefor individual investors, namely the type of visa Index E28B, Index E28C,Index E33 Costs for processing a Golden Visa To obtain a Golden Visa, in general you have to pay a total fee of IDR 13,000,000 for a stay of 5 years while IDR 19,500,000 for a stay of 10 years, in this article we will also explain the cost components that need to be paid for each visa. Visa Index E28B A visa with the E28B index is a visa intended for foreign investors involving foreigners as individual investors with the aim of establishing a company in Indonesia. This visa has a stay permit of 5 – 10 years. The rights you will get when holding this visa include: Carrying out activities related to business, investment and company establishment, Supervise the production process of goods or services in the company he founded, including but not limited to offices, factories or other similar places, Carrying out work in an employment relationship and/or attending education as long as it has gone through the dual mechanism of Stay Permit activities, Bringing family to live in Indonesia as long as it meets the provisions of laws and regulations in the field of immigration, Enter and exit Indonesian territory as long as the Re-Entry Permit is still valid, Carrying out tourism-related activities, and visiting friends or family. Stay permit period 5 years (can be extended) A statement of commitment that the Foreigner will establish a company in Indonesia with issued capital (shares) or an investment value of at least US$ 2,500,000 which must be fulfilled within a maximum of 90 days from the date the Limited Stay Permit is granted. The amount of share ownership in companies abroad is at least 0%. The turnover/sales value for overseas companies is at least US$25,000,000. Stay permit period 10 years (can be extended) A statement of commitment that the foreigner will establish a company in Indonesia with issued capital (shares) or an investment value of at least US$ 5,000,000 which must be fulfilled within a maximum of 90 days from the date the Limited Stay Permit is granted. The amount of share ownership in companies abroad is at least 0%. The turnover/sales value for overseas companies is at least US$50,000,000. What cost components need to be incurred: Visa Fee: Rp. 500,000 Verification Fee I/II: Rp. 2,000,000 ITAS: 7,000,000 (5 Years) IMK: 3,500,000 (5 Years) ITAS: 12,000,000 (10 Years) IMK: 5,000,000 (10 Years) Visa Index E28C Visa with Index E28C is a limited visa for 5 – 10 years for foreign investors without the need to set up a company. This visa is suitable for individual investors who do not want to set up a company because they only need to invest in a predetermined investment instrument, namely government bonds; investment in public companies; as well as investing in a flat or apartment. Stay permit period 5 years (can be extended) Passport valid for at least 6 months Latest color photo Proof of immigration guarantee Proof of stable finances while living in Indonesia Commitment statement that must be fulfilled within 90 days (from entry into Indonesia); such as purchasing Indonesian government bonds worth USD 350,000 (three hundred and fifty thousand US dollars) for a term of up to 5 years or purchasing shares or mutual funds in public companies in Indonesia worth USD 350,000 (three hundred and fifty thousand US dollars). Stay permit period 10 years (can be extended) Passport valid for at least 6 months Latest …

European vs. Balinese Real Estate

Welcome to our detailed guide comparing European and Balinese real estate. This comparison aims to provide valuable insights for investors and homebuyers considering properties in these regions. We will explore the intricacies of each market, focusing on their unique characteristics. Market Trends European Real Estate: The European real estate market is characterized by its diversity, with a rich blend of historical and modern properties. Regions like Southern Europe attract buyers with their sunny climates and relaxed lifestyle, while Northern Europe is known for its innovative and sustainable living solutions. Balinese Real Estate: Bali’s market is driven by its status as a top tourist destination. The island’s real estate has seen a surge in demand, especially for properties offering a blend of traditional Balinese aesthetics and modern luxuries. This demand has led to significant growth in property values. Investment Opportunities European Real Estate: Europe offers a stable investment environment with opportunities ranging from high-end properties in major cities to affordable options in emerging economies. Investors can find long-term value in both residential and commercial sectors. Balinese Real Estate: Bali presents lucrative opportunities, particularly in the hospitality industry. The market can be volatile, but with high potential returns, especially in areas popular with tourists. Legalities and Ownership European Real Estate: The legal framework in Europe is generally straightforward, but it varies by country. In most European countries, foreigners can own property outright. Balinese Real Estate: Bali has stricter laws for foreign property ownership, typically involving leasehold arrangements or partnerships with local entities. Navigating these laws is crucial for a successful investment. Cultural Influences on Architecture European Real Estate: European architecture is a tapestry of historical and modern styles. From the classic designs of Parisian apartments to the sleek, minimalist Scandinavian homes, each region offers something unique. Balinese Real Estate: Balinese architecture is deeply rooted in the island’s cultural heritage, emphasizing harmony with nature. Traditional Balinese homes and villas often feature open-air designs, natural materials, and intricate craftsmanship. Conclusion In summary, both European and Balinese real estate markets offer unique and valuable opportunities for investors and homebuyers. While Europe provides stability and diversity, Bali offers high growth potential and a distinctive cultural appeal. Your choice should align with your investment goals, lifestyle preferences, and legal considerations. For more information or to seek professional advice on investing in Balinese real estate, please contact us.

FAQ’s

What makes the Bali real estate market more interesting than the Dutch one? The real estate market in Bali offers various advantages compared to the Dutch market: 1. Climate and Location: Bali’s tropical climate and beautiful beaches make it an ideal location for vacation homes and tourist rentals. 2. Price: Generally, real estate prices in Bali are lower than in the Netherlands, making it an attractive option for investors. 3. Growth Potential: With a growing economy and increasing demand for real estate, Bali offers opportunities for appreciation of investments. 4. Rental Opportunities: The high demand for vacation homes and rental accommodations in Bali can provide a high yield for investors. 5. Yield on Investment: The high demand for vacation rentals can result in higher yields on real estate investments in Bali, compared to the Netherlands where high property prices and taxes can limit yields. Can foreigners own property in Indonesia (Bali)? Yes, foreigners can buy property in Bali under a ‘Right to Use’ (Hak Pakai) title or lease landed properties. And foreigners can establish a foreign-owned company (PMA) in Indonesia and purchase the property through the company. Which regions in Bali are the best for property investment? When starting a property investment in Bali, location is a key factor to consider. Here are some locations in Bali that you can consider for property investment and their target market profiles: Canggu: Target market: digital nomads, foreign tourists, and lovers of hippie/Ibiza culture. Property options: villas with several rooms or guesthouse concept. Rental price range: IDR 10-15 million/month per room. Advantages: foreign market, high occupancy. Disadvantages: expensive land, many foreign developers, and already dense area. Seminyak: Target market: foreign tourists, local tourists, and upper-middle class. Land price range: IDR 1.5-1.8 billion/are for small land and IDR 1 billion/are for large land. Advantages: strategic location and luxury market. Disadvantages: more expensive land. Uluwatu: Target market: international, surfers, and those seeking tranquility. Land price range: IDR 350 million-600 million/are. Advantages: potential growth and significant land price increase. Disadvantages: water issues and still-developing land. Ubud: Target market: locals and foreigners seeking tranquility and nature. Land price range: varies, more expensive in central Ubud. Advantages: stable market and likes boutique villa concept. Disadvantages: high cost of living and limited nightlife. Kintamani: Target market: locals. Land rental price range: IDR 2.5-3 million/are/year. Advantages: always busy and potential for viral glamping or resort business. Disadvantages: customary land and transactions based on customary law. What are the taxes that need to be paid when purchasing property in Indonesia (Bali)? When purchasing property in Bali, Indonesia, there are several taxes and fees that need to be paid, including: Land and Building Acquisition Duty (BPHTB): This is a tax imposed on the acquisition of land and building rights, usually calculated as a percentage of the transaction value or the official land and building value, whichever is higher. Income Tax (PPh) on Property Sales: This is a tax imposed on the seller for the income gained from the property sale. However, it is common practice in Indonesia for this tax to be borne by the buyer. Notary Fee: This is a fee paid to the notary for the preparation of the sale and purchase agreement and other legal documents. Land and Building Tax (PBB): This is an annual tax imposed on the owner of the land and building, calculated based on the official land and building value. Transfer Fee: This is a fee for the transfer of land and building rights from the seller to the buyer. Registration Fee: This is a fee paid to the land office for the registration of the land and building rights transfer. What taxes need to be paid when renting out property in Indonesia (Bali)? When renting out a property in Bali, Indonesia, the property owner is typically subject to the following taxes: Income Tax (PPh): This tax is levied on the rental income received by the property owner. The rate can vary depending on whether the owner is an individual or a corporate entity, and whether they are a resident or non-resident taxpayer. Value Added Tax (VAT): If the property owner is a VAT-registered entity, they may be required to charge VAT on the rental income and remit it to the tax authorities. Land and Building Tax (PBB): This is an annual tax imposed on property owners based on the value of the land and building. Tourism Tax: If the property is rented out on a short-term basis (such as a vacation rental), the owner may be required to collect and remit tourism tax. What is the income tax rate for foreigners who do not reside in Indonesia? The income tax rate for foreigners who do not reside in Indonesia, also known as non-resident taxpayers, is generally 20% of the taxable income. However, this rate may vary depending on the type of income and whether there is a tax treaty between Indonesia and the foreigner’s country of residence that provides for a different rate. What is the income tax rate for Indonesian residents living in Indonesia? The income tax rate for Indonesian residents living in Indonesia is progressive and is determined based on the individual’s annual taxable income. The rates are as follows: Up to IDR 60,000,000: 5% IDR 60,000,001 to IDR 250,000,000: 15% IDR 250,000,001 to IDR 500,000,000: 25% IDR 500,000,001 to IDR 5,000,000,000: 30% Over IDR 5,000,000,000: 35% What services do we provide as a villa management company to villa owners in Bali? Our villa management company in Bali provides a comprehensive range of services to villa owners: Property Maintenance and Repair: We handle all aspects of property maintenance, including cleaning, landscaping, and repairs, ensuring your villa remains in top condition. Marketing and Advertising: We market your villa to potential renters through various channels such as online platforms, social media, and travel agencies, maximizing your property’s visibility. Booking and Reservations: We manage all bookings and reservations, handling inquiries, processing payments, and efficiently managing the rental calendar. Guest Services: Our team provides excellent …

Area around Jakarta for property investment

The area around Jakarta offers many opportunities for property investment and development. One of the most promising areas nearby Jakarta is the city of Bogor. Known as the “City of Rain” Bogor is a popular tourist destination and a hub for business and education. It offers a wide range of properties, from affordable apartments to luxury villas, and has a growing population, making it a great location for rental properties. Another area to consider is Tangerang, which is a rapidly growing city with a diverse range of property options. It offers a great potential for property investment, especially in the area of commercial properties, as Tangerang is home to many business and industrial centers. Bekasi is another area that offers good opportunities for property investment, especially for those looking to invest in residential properties. It’s a rapidly growing city with a young and growing population, making it a great location for rental properties. With a growing economy and population, these areas around Jakarta offer many opportunities for property investment and development. From affordable apartments to luxury villas, these areas have something to offer for every investor. Trust us to help you find the perfect property in these areas and achieve your investment goals.

Most popular types of property investments in Indonesia

Indonesia offers a variety of property investment opportunities for investors looking to capitalize on the country’s growing economy and expanding urban population. Some of the most popular types of property investments in Indonesia include: Residential properties: As more and more people move to urban areas in Indonesia, the demand for housing has increased. This makes investing in apartments and houses a popular and profitable option. Commercial properties: Office buildings and shopping centers can be good investments in areas with strong economic growth. This type of property investment can generate a steady income through rent. Tourism properties: Properties located in tourist destinations such as Bali, are also a great investment opportunity. This is because tourism is a major contributor to the Indonesian economy. Industrial properties: The growth of manufacturing industry in Indonesia creates a big demand for industrial properties. This type of property can be a great investment for long-term gains.  Investing in property in Indonesia can be a great way to capitalize on the country’s growing economy and expanding urban population. With a variety of options available, from residential to tourism properties, there’s something for every investor. 

The regulations for foreigner to have a real estate in Indonesia

Foreigners are not allowed to own land in Indonesia, but they can own a building on the land through a right of use, also known as Hak Pakai or Hak Guna Bangunan, which is a leasehold title that grants the right to use and build on a piece of land for a certain period of time (usually 25 or 30 years, depending on the type of land and subject to renewal). Here are some regulations for foreigners to own a real estate in Indonesia: Right to Use (Hak Pakai) : The Hak Pakai is a leasehold title that grants the right to use and build on a piece of land for a maximum of 25 years, with the possibility of one 25-year extension. Building Ownership (Hak Guna Bangunan) : This type of title grants the right to own and use a building on the land, but not the land itself. The Hak Guna Bangunan can be obtained by a foreign individual or legal entity, and the title is valid for 30 years, with the possibility of one 30-year extension. Property Tax : Foreigners are required to pay annual property taxes on any real estate they own in Indonesia, which typically ranges from 0.5% to 2% of the property’s value. Limited Liability Company (PT PMA) : Foreigners can also purchase real estate in Indonesia by setting up a Limited Liability Company (PT PMA), which is a legal entity that is majority-owned by foreign shareholders. Indonesian nominee: Some foreigners will use an Indonesian nominee, which is an Indonesian citizen who acts as the legal owner of the property on paper, while the foreign investor holds the economic rights to the property. This practice is illegal and is not recommended as it may lead to legal disputes.

The best area in Indonesia for real estate investment

Some areas in Indonesia that are considered to be good for real estate investment include Jakarta, Bali, and Bandung. Jakarta is the country’s capital and largest city, and has a growing economy and population, making it a prime location for property development and investment. Bali is a popular tourist destination, known for its beaches and cultural attractions, which can make it a good choice for vacation rental properties. Bandung is also a city with rapid development, rich culture, and a growing middle class, making it an attractive location for both residential and commercial real estate investment.  Bandung Bandung is a city located in the western part of Java, Indonesia. It is known for its cool climate, beautiful scenery, and rich cultural heritage. The city has a growing economy and a rapidly developing infrastructure, making it an attractive location for real estate investment. Some areas in Bandung that are considered to be good for real estate investment include: Dago: This is a popular area for expats and wealthy locals, known for its upscale restaurants, cafes, and boutique shops. It’s also home to many luxury condominiums and villas. Cihampelas: This area is known for its shopping and entertainment options, including the famous Cihampelas Walk shopping center. It’s also home to many apartments, townhouses and villas. Cipaganti: This area is located in the heart of Bandung and is known for its high-end residential properties, restaurants, and cafes. It’s a popular area for expats and wealthy locals. Setiabudi: This is one of the most sought-after areas in Bandung, known for its upscale properties, high-end restaurants and cafes, and proximity to the city’s best schools and hospitals. Bali Bali is a popular tourist destination known for its beautiful beaches, vibrant culture, and relaxed lifestyle. The island has a growing economy and a rapidly developing infrastructure, making it an attractive location for real estate investment. Here are some areas in Bali that are considered to be good for real estate investment: Seminyak: This area is known for its high-end luxury resorts, villas, and private homes. It’s also home to many upscale restaurants, bars, and boutiques. Canggu: This area is known for its laid-back, bohemian vibe and offers a mix of villas, apartments, and private homes. It’s also home to many trendy cafes, bars, and surf spots. Ubud: This area is known for its natural beauty, traditional culture, and wellness options. It’s home to many villas and private homes, as well as yoga and wellness retreats. Sanur: This area is known for its quiet and relaxed atmosphere and is popular among retirees and families. It’s home to many villas, apartments, and private homes. Nusa Dua: This area is known for its luxury resorts and high-end villas, and is a popular destination for honeymooners and high-end travelers. Jakarta Jakarta is the capital and largest city of Indonesia, and is a major economic and cultural center. It has a growing population and economy, making it a prime location for real estate investment. Here are some areas in Jakarta that are considered to be good for real estate investment: South Jakarta: This area is known for its upscale neighborhoods, luxury properties, and international schools. This area is considered to be the most prestigious area in Jakarta and is home to many expats and wealthy locals. Central Jakarta: This area is known for its historical and cultural sites, as well as its shopping and entertainment options. It’s home to many apartments, townhouses, and private homes. West Jakarta: This area is known for its middle-class neighborhoods, which offer a mix of apartments, townhouses, and private homes. It’s also home to many shopping centers and entertainment options. East Jakarta: This area is known for its affordable housing options and is popular among young professionals and families. It’s home to many apartments and townhouses. North Jakarta: This area is known for its industrial and commercial areas, but it also has some residential areas that are considered to be good for real estate investment.