3 reasons to invest in Bali from mila eryomina's blog

In recent years, Bali has become not only one of the world's most popular tourism destinations, but also an attractive permanent residence for digital nomads and entrepreneurs from around the world.

Thanks to the Indonesian government, which, even during the pandemic, allowed foreigners to stay in the country without unnecessary bureaucratic hassles.

This contributed to the incredible growth of the island's popularity. Consequently, there is an increase in profitability for investments and businesses in Bali.

I’m telling you about 3 reasons to invest in a comfortable corner of paradise.

1. Bali is one of Asia's most popular destinations for travelers from around the world, welcoming over 18 million visitors every year (pre-COVID-19).

Thanks to the lifting of the quarantine policy for international travelers in April 2022., the tourist flow is quickly recovering.

However, there is a big difference between tourists of previous years, many of whom spent no more than 3-10 days in Bali. And those who are coming now - most of them plan to stay on the island for at least several months.

Consequently, the requirements for the category and quality of housing have changed. Those planning to stay longer on the island require villas and apartments with a kitchen, area or balcony - and supply in this sector is limited.

This opens up new prospects for investors in real estate intended for long-term rental. The company https://balipropertiesforsale.com/ is a professional real estate agent and is pleased to offer a service for selecting the most promising options for placing your capital.

The demand for residential buildings is increasing - and prices for monthly rentals only from April 2022. increased by at least 30-50%.

2. Currently, more than 450,000 foreigners already reside (have residence permits) and stay permanently (using guest visas) in Indonesia. Most are in Bali. Several types of visas are available for foreign citizens, differing in several parameters - the permissible time of stay in the country, permitted activities and cost.

You can also stay on the island for more than two months with a visa to visit Indonesia with code 211. There are several streams for obtaining it, depending on the sponsor - social, business, and some other categories.

A temporary residence permit - KITAS - allows foreigners to officially stay in Indonesia for a period of 6 months to 2 years.

3. Regular flights are available from the island of Bali to European countries (KLM flies to Amsterdam) , the USA (with connections), Australia (daily direct flights) and Asian capitals.

Many Eastern Bloc companies such as Qatar Airways, Emirates, Turkish Airlines have convenient connecting flights to  cities in the European Union.

I've shared  three reasons to invest in Bali, but there are many more! After all, this island is no longer just a vacation spot with world-class surfing and heavenly beaches. There is also an attractive investment climate and favorable conditions for doing business. The main thing is to choose the right investment object and approach the issues of legalizing your stay in Indonesia with all seriousness.