AS/Foreigners Should Be Allowed to Purchase Property

Sun, 04 Dec 2005 | By KuKuKaChu | Source: JAKCHAT

Quote:

Originally posted by douce_qipus:
Kuku, i dunno about the effect of 2nd Bali Blast..but i think it 's worth if buy land in Jimbaran area.. i know the broke, the notary should be contacted.

yes, i think it's still worthwhile buying properly priced Bali property, as long as you don't use these studid nominee methods trusting some "klingon" to act on your behalf.

Quote:

How come u can buy land ? u r foreigner.. unless u have indo wife and she has pre marriage agreement with u

No. buying land by foreigners should always be done by establishing their own PMA company. they should never use Indonesian "go-betweens". the current set up in Bali with foreigners "owning" land using Balinese nominees is a recipe for disaster.

Tags: business

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