Bali Property Ownership by Foreigners
Originally Posted By: chewwyUK
what is happening to the revision that will allow foreign ownership of property??
nothing. that's just the usual annual beat-up from the english language media.
you may quote me: "it won't happen"
what *may* happen, at some time in the future, is that foreigners will be permitted to buy strata title apartments. this is being pushed very hard by interests in jakarta who have huges stocks of unsaleable apartments they need to offload to avoid financial ruin.