Do not trust anybody, I had a mate for 6 years and was getting a place for me to lease 20+ years. Sadly he thought he was smart and leased the unit in his own name and only put down 12 months deposit, then tried to lease to me at a higher value and I pay 20 years upfront. Naturally i walked away. So dont trust anybody! great info again and nice quick response to my email last week from Frank and Monica.
THE BIG TAKEAWAY FOR ME IS.....SET IT UP PROPERLY AND PROTECT YOURSELF FROM THE BEGINNING.....NOT SCRAMBLING WHEN SOMETHING GOES WRONG. SUCH IMPORTANT CONVERSATIONS WITH THE PEOPLE THAT KNOW..... NOT A MATE OR A FRIEND OF A FRIEND DID IT THIS WAY ??????😊
Great video muzza，very informative information, frank and monica seem very resposible, knowledgeable and switched on in the operation . End of the day a foreigner cannot own a property or peace of land in indonesia , alot hope this is possible but reality is not. Even the new regulation is title only. The protection for the title holder is minimal in the new regulation with heavy taxes and plenty of loopholes but time will tell once issues arise and regulations continue to change
Wonderful information thank you Muzza, appreciated. I really don’t want to own land in Bali, rental is so cheap l rather just rent. Also l have so many friends with cottages or rooms for let, will definitely look at that option. However, l will look at the visa option for retirement.
Realistically Bali when you retire is not forever ,when you get old and sick everyone heads for home ,you will gain nothing by purchasing property ,your not a citizen ,you have no rights ,the rules change constantly ,just lease annually , don't gamble with you security
Sorry, not everyone returns to thier Country of orgin when old or sick. Health care in Bali is good. Plus you can own property in you name once you have your KITAP.
Muzza your not quite right the constitution of Indonesia does not allow you to own land. The new rules allows you to have right of use, you can now own a property too a min value but not the land it sits on. The same with a PT PMA the company has the land in its name not an individual and is for a limited number of years. Think of the people in Canberra they only buy a 99 year lease in their name.
A great series of interviews Muzza. May I suggest you have Frank and Monika also mic'd up for us hard to hear people. I found you very easy to hear but strained more so with Monika. Cheers
BEST STUFF.... CREATED AND SAVED TO NEW PLAYLIST. MOVING TO BALI.... THANKS FOR SHARING YOUR KNOWLEDGE AND PROFSSIONAL EXPERTISE.... FRANK and MONIKA and MUZZA FOR GIVING A GROUNDED LAYMANS VIEW AND UNDERSTANDING WHICH IS ASLO INFORMING YOUR QUESTIONS. 🙏🙏🙏
Rent in Bali and rent your home out in your mother country. Rules change so quickly. We have friends who bought in Vietnam and then lots of foreigners living there on endless tourist visas got asked to leave during covid. They are still not allowed back and are still back in New Zealand while they rent the unit out in Vietnam as they can not sell. If you are happy to pass away eventually in Bali, then go for it.
Very informative, regarding the new ways that foreigners can put their name on the deeds (for apartments) does this include townhouses? What requirements does the ‘apartment’ need to adhere to?
Thank you for this great information as I have been wanting to come and buy and live in Bali. I will definitely be getting in touch with Frank with lots of questions Thanks Muzza
One question would be, can I lease a property for a long term (say 20 years) and put it on AirBNB as a short stay accom for tourists as a business? What are the ins and outs. Thank you.
Not to sure how correct he is starting a notaris and it's rock solid? I leased a villa 20 years, notaris, registered lease, owner contradicted the lease agreement, refused to cover his maintenance, nothing I could do, Bule rarely wins in court
Hi Kerry, as my vlog is not intended as an advertisement for them (youtube rules etc) i have offered their email so you can talk to them in person. I am not financially or directly involved in their company. They have several websites and quite a wide ranging scope of operation so i think its better to leave it to them and not get too involved. Please understand there are several rules and constraints imposed by both this platform and the authorities and the only companies I openly promote or support are generally where they contribute directly to BaliDonate, a registered charitable trust (Yayasan) here in Bali, that I support myself.
@@MurrayWilkinson1 Hi Muzza Thanks for your reply..no problem at all; I did not know those limitations etc sorry. I'm new to your channel & really appreciate all of the great info you are providing. Keep on enjoying your new life. Cheers 🌺
I heard westerners with a KITAP can buy and own land/house purchasing under the HBK system. You have the property for 80 years which can be renew again for 80 years. Have you (Frank, Monica) heard of this?
IF YOU ARE SERIOUS ABOUT MOVING TO BALI......THEN THE COST IS SIMPLY A REALITY OF THE LENGHTY AND CONFUSING MAZE OF RULES, LAWS AND EVER CHANGING LEGISLATION. FRANK AND MONICA WILL BE GETTING A CALL FROM ME WHEN I AM READY TO START MY JOURNEY OF LIFE IN BALI. 🕊✨️🙌💙🙏💚🙏💙🙏🙌✨️🦋🐝
So helpful, terrific information. Eveything they stated about purchasing freehold/ right to use is what we have been told. We are purchasing a block of land in North Bali that we visited in October 2023 through a local family we know. We are using a notary and going through a large and reputable agent and doing it right, eould have used these guys if i had known abiut them as they are clear and concise. The landowner and ourselves signed the contract and agreed to the price back in November. We are awaiting the land title which they were upfront about would take 4-6 months as they subdivided a few different blocks. We could see the large pegs on the boudary. We have paid a deposit which has helped them pay for the land title. The deposit was very affordable, so even if it all fell through, we are not hugely out of pocket. Eendojt expect this to happen though. We are purchasing this beautiful land freehold through a PT PMA. Its exciting. We hope to build a lovely retreat/ small home for ourselves in the next few years.
For a PT PMA to be legal you must invest 1 million AUD, if you build a house with the PMA you have to rent it off the PMA and pay taxes, I’m not sure the PMA is the right thing.
Can you provide their website, FB page, Instagram. Office address? Surely they must have more than an email address. Academic qualifications from both of them in this arena?
cant find also - www.google.com/search?q=Bali+Brahma+Consulting&sca_esv=40a7f3b289392aea&sca_upv=1&rlz=1C1CHBF_idID1082ID1084&sxsrf=ACQVn09vPV8M2kNEoYLnvHD-s5QEX7bZ9w%3A1711753178113&ei=2kcHZprLBpn14-EP5-u5kAI&ved=0ahUKEwiaoP_AyZqFAxWZ-jgGHed1DiIQ4dUDCBA&uact=5&oq=Bali+Brahma+Consulting&gs_lp=Egxnd3Mtd2l6LXNlcnAiFkJhbGkgQnJhaG1hIENvbnN1bHRpbmcyBhAAGBYYHjILEAAYgAQYigUYhgMyCxAAGIAEGIoFGIYDSIsJUABY9gRwAXgAkAEAmAFuoAFuqgEDMC4xuAEDyAEA-AEB-AECmAICoAKBAagCFMICBxAjGOoCGCfCAhYQABgDGI8BGOUCGOoCGLQCGIwD2AEBwgIWEC4YAxiPARjlAhjqAhi0AhiMA9gBAZgDELoGBggBEAEYC5IHAzEuMaAHvgI&sclient=gws-wiz-serp
If you have actual money there is no reason to want to move to Bali over other places. Get used to TRAFFIC all the time, or extreme isolation if you wish to avoid it. It's everywhere. Greedy people. Over-gentrified. SEVERELY OVER-HYPED. The real Bali is basically a thing of the past. As others have stated....absolutely NO ONE can be trusted. The rules are ignored. You will end up with a wall next to your property because the neighbor didn't follow the setback rules... and you know what...no one will do a damn thing about it. LOUD & BUSY sums it up best.
Do not trust anybody, I had a mate for 6 years and was getting a place for me to lease 20+ years. Sadly he thought he was smart and leased the unit in his own name and only put down 12 months deposit, then tried to lease to me at a higher value and I pay 20 years upfront. Naturally i walked away. So dont trust anybody! great info again and nice quick response to my email last week from Frank and Monica.
These talks are invaluable. Thanks for taking the time to post them. Really looking forward to you talking about the second home visas for retiring. 👍
Great work Muzz,you answered alot of questions that people would have asked in the first interview,keep up the brilliant work mate.
Awesome video again, Muzza. This series you're doing is really great. Cheers 🍻
Thank you so much for keeping the dream alive. Good solid practical advice.
THE BIG TAKEAWAY FOR ME IS.....SET IT UP PROPERLY AND PROTECT YOURSELF FROM THE BEGINNING.....NOT SCRAMBLING WHEN SOMETHING GOES WRONG.
SUCH IMPORTANT CONVERSATIONS WITH THE PEOPLE THAT KNOW.....
NOT A MATE OR A FRIEND OF A FRIEND DID IT THIS WAY ??????😊
Great video muzza，very informative information, frank and monica seem very resposible, knowledgeable and switched on in the operation .
End of the day a foreigner cannot own a property or peace of land in indonesia , alot hope this is possible but reality is not. Even the new regulation is title only. The protection for the title holder is minimal in the new regulation with heavy taxes and plenty of loopholes but time will tell once issues arise and regulations continue to change
Wonderful information thank you Muzza, appreciated. I really don’t want to own land in Bali, rental is so cheap l rather just rent. Also l have so many friends with cottages or rooms for let, will definitely look at that option. However, l will look at the visa option for retirement.
Realistically Bali when you retire is not forever ,when you get old and sick everyone heads for home ,you will gain nothing by purchasing property ,your not a citizen ,you have no rights ,the rules change constantly ,just lease annually , don't gamble with you security
You can not purchase land or property in Indonesia. You can only lease.
Sorry, not everyone returns to thier Country of orgin when old or sick. Health care in Bali is good. Plus you can own property in you name once you have your KITAP.
@@stephenmurfit800 that information is no longer accurate. You CAN own property as a non Indonesian as we discuss in the video
This comment sounds very uninformed and kind of ignorant
Muzza your not quite right the constitution of Indonesia does not allow you to own land. The new rules allows you to have right of use, you can now own a property too a min value but not the land it sits on. The same with a PT PMA the company has the land in its name not an individual and is for a limited number of years. Think of the people in Canberra they only buy a 99 year lease in their name.
Definately a series of great importantance to go through and get a better grasp of what to expect.
👍❤️👍
A great series of interviews Muzza. May I suggest you have Frank and Monika also mic'd up for us hard to hear people. I found you very easy to hear but strained more so with Monika. Cheers
Sorry limited gear. Only have 2 mics and they were sharing one
Thanks again brother, this was exactly what I needed to hear. Will reach out to Frank and Monika when we head to Bali later this year.
BEST STUFF....
CREATED AND SAVED TO NEW PLAYLIST.
MOVING TO BALI....
THANKS FOR SHARING YOUR KNOWLEDGE AND PROFSSIONAL EXPERTISE....
FRANK and MONIKA and
MUZZA FOR GIVING A GROUNDED LAYMANS VIEW AND UNDERSTANDING WHICH IS ASLO INFORMING YOUR QUESTIONS.
🙏🙏🙏
Make sure you search for the risks, complaints, etc. Many people are leaving...MANY, and for good reason.
Rent in Bali and rent your home out in your mother country. Rules change so quickly. We have friends who bought in Vietnam and then lots of foreigners living there on endless tourist visas got asked to leave during covid. They are still not allowed back and are still back in New Zealand while they rent the unit out in Vietnam as they can not sell. If you are happy to pass away eventually in Bali, then go for it.
Very informative, regarding the new ways that foreigners can put their name on the deeds (for apartments) does this include townhouses? What requirements does the ‘apartment’ need to adhere to?
Thank you for this great information as I have been wanting to come and buy and live in Bali. I will definitely be getting in touch with Frank with lots of questions Thanks Muzza
Excellent stuff, vital information on the basics , looking forward to the next one . Great interview of genuine professionals 👏
Thanks eddie
One question would be, can I lease a property for a long term (say 20 years) and put it on AirBNB as a short stay accom for tourists as a business? What are the ins and outs. Thank you.
Not to sure how correct he is starting a notaris and it's rock solid?
I leased a villa 20 years, notaris, registered lease, owner contradicted the lease agreement, refused to cover his maintenance, nothing I could do, Bule rarely wins in court
Loving this series
Please share this video on your Facebook or social media pages to help us reach more people
Can Frank and Monica provide a ball park figure. For example, just for a kitas visa, the lease of a property, etc
Sure. Contact them and ask
Hi Muzza
Thank you all for the great info & advice.
Is there a website for Bali Brahma Consulting please, as I could not find anything?
Thanks 🌺
Hi Kerry, as my vlog is not intended as an advertisement for them (youtube rules etc) i have offered their email so you can talk to them in person. I am not financially or directly involved in their company. They have several websites and quite a wide ranging scope of operation so i think its better to leave it to them and not get too involved. Please understand there are several rules and constraints imposed by both this platform and the authorities and the only companies I openly promote or support are generally where they contribute directly to BaliDonate, a registered charitable trust (Yayasan) here in Bali, that I support myself.
@@MurrayWilkinson1 Hi Muzza
Thanks for your reply..no problem at all; I did not know those limitations etc sorry. I'm new to your channel & really appreciate all of the great info you are providing.
Keep on enjoying your new life. Cheers 🌺
I heard westerners with a KITAP can buy and own land/house purchasing under the HBK system. You have the property for 80 years which can be renew again for 80 years. Have you (Frank, Monica) heard of this?
You can but the 80= 30+30+20 you would be dead before you could negotiate a fourth lease
Thanks Muzza, champion👍. Very useful information.
Excellent information.
thanks, good information!
Thank you so much. My Family and I are possibly look to move over Possible open a business - Australia is Cooked
IF YOU ARE SERIOUS ABOUT MOVING TO BALI......THEN THE COST IS SIMPLY A REALITY OF THE LENGHTY AND CONFUSING MAZE OF RULES, LAWS AND EVER CHANGING LEGISLATION.
FRANK AND MONICA WILL BE GETTING A CALL FROM ME WHEN I AM READY TO START MY JOURNEY OF LIFE IN BALI.
🕊✨️🙌💙🙏💚🙏💙🙏🙌✨️🦋🐝
Very relevant Muzz
So helpful, terrific information. Eveything they stated about purchasing freehold/ right to use is what we have been told. We are purchasing a block of land in North Bali that we visited in October 2023 through a local family we know. We are using a notary and going through a large and reputable agent and doing it right, eould have used these guys if i had known abiut them as they are clear and concise. The landowner and ourselves signed the contract and agreed to the price back in November. We are awaiting the land title which they were upfront about would take 4-6 months as they subdivided a few different blocks. We could see the large pegs on the boudary. We have paid a deposit which has helped them pay for the land title. The deposit was very affordable, so even if it all fell through, we are not hugely out of pocket. Eendojt expect this to happen though. We are purchasing this beautiful land freehold through a PT PMA. Its exciting. We hope to build a lovely retreat/ small home for ourselves in the next few years.
For a PT PMA to be legal you must invest 1 million AUD, if you build a house with the PMA you have to rent it off the PMA and pay taxes, I’m not sure the PMA is the right thing.
We have been looking for someone to help lease a property to use as an AirBNB. Could you have a chat on that?
Contact Frank and Monica
Balibrahmaconsultant08@gmail.com
Corruption is king ..you own nothing ..full stop ..you will get a happy ending if you have alot of money ..love you long time ..
This is very true
"Money talks , bullshit walks "
That's why you use a consultancy and don't do it yourself. Educate yourself rather than posting immature comments.
Can you provide their website, FB page, Instagram. Office address? Surely they must have more than an email address. Academic qualifications from both of them in this arena?
cant find also - www.google.com/search?q=Bali+Brahma+Consulting&sca_esv=40a7f3b289392aea&sca_upv=1&rlz=1C1CHBF_idID1082ID1084&sxsrf=ACQVn09vPV8M2kNEoYLnvHD-s5QEX7bZ9w%3A1711753178113&ei=2kcHZprLBpn14-EP5-u5kAI&ved=0ahUKEwiaoP_AyZqFAxWZ-jgGHed1DiIQ4dUDCBA&uact=5&oq=Bali+Brahma+Consulting&gs_lp=Egxnd3Mtd2l6LXNlcnAiFkJhbGkgQnJhaG1hIENvbnN1bHRpbmcyBhAAGBYYHjILEAAYgAQYigUYhgMyCxAAGIAEGIoFGIYDSIsJUABY9gRwAXgAkAEAmAFuoAFuqgEDMC4xuAEDyAEA-AEB-AECmAICoAKBAagCFMICBxAjGOoCGCfCAhYQABgDGI8BGOUCGOoCGLQCGIwD2AEBwgIWEC4YAxiPARjlAhjqAhi0AhiMA9gBAZgDELoGBggBEAEYC5IHAzEuMaAHvgI&sclient=gws-wiz-serp
Email them directly. My channel is not an ad it is entertainment and information.
Let the guy speak mate
Do you know Muzz,obviously not.
@@andrewbergsma7282 lol.. luv the big 🐕🐕🐕
Sorry I thought it was MY channel...
Yeah....Muzza it is your channel mate....keep delivering the good stuff 👍
🕊✨️🙌💙🙏💚🙏💙🙏🙌✨️🦋🐝
@@MurrayWilkinson1 unsubscribed
If you have actual money there is no reason to want to move to Bali over other places. Get used to TRAFFIC all the time, or extreme isolation if you wish to avoid it. It's everywhere. Greedy people. Over-gentrified. SEVERELY OVER-HYPED. The real Bali is basically a thing of the past. As others have stated....absolutely NO ONE can be trusted. The rules are ignored. You will end up with a wall next to your property because the neighbor didn't follow the setback rules... and you know what...no one will do a damn thing about it. LOUD & BUSY sums it up best.