Hundreds of millions of US dollars for tourism at the Indonesia Investment Forum
Indonesia's tourism industry, especially in Bali and Lombok, has received enormous support with the signing of four investment agreements worth USD 845.9 million.
Real estate in Bali can be a very confusing business and real estate agents can add to and compound these confusions with misconceptions and rumours and gossip and a lack of understanding of what their jobs are really supposed to be.
Nusa Dua was specifically created to be a tourism-centric enclave back in the 1970s. Times have changed for Bali since then and tourism has touched all but the remotest parts of the island. Here are some insights into what still makes Nusa Dua a good place to invest.
With tourism trends of eco-friendly and sustainability in the spotlight, the Indonesian government targets increasing the share of renewable energy to 23% by 2025.
Indonesia's tourism industry helping real estate businesses
Times are changing and so is the way we do business. What can Indonesia's real estate and property businesses learn from the successes of the country's tourism industry as it heads to do battle at ITB-Asia in Singapore?
Real Estate in Bali - Ownership Structures for Expats
The nominee structure for foreign ownership of freehold land and property in Indonesia is essentially illegal as Indonesian law clearly states only Indonesian nationals can own freehold titles. There are, however, legal alternatives and ownership structures that don't include 'nominees'.
The general enforcement of zoning regulations is better now than in the past but that doesn’t help those areas that have already been overbuilt like Seminyak. There is hope, however for places further out like Canggu.