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bali real estate news

Bali COVID Quarantine – Hotels and Regulations

Bali COVID Quarantine – Hotels and Regulations President Joko Widodo has issued cautionary comments on the eve of plans to reopen Bali’s borders to tourists from an initial five countries on 14 October 2021. As reported by RadarBali.com, President Widodo, speaking before a Leadership Communication Forum in Bali, advised that many aspects of Bali’s reopening were under active…

Bali Property Market – the fading shine!

Bali Property Market – the rapidly fading shine! In an article on gapurabali.com and via his real estate blog, Dominique Gallmann, co-founder and CEO of Exotique Properties, has shared insightful comments on the state of Bali’s real estate market. Now that COVID-19 and its devastating effect on Bali’s and the global economy have become a fixture of daily life for the…

Bali Real Estate News – Bali Money Laundering

Bali Real Estate News International travelers barred from carrying more than Rp. 100 million in cash The Government of Indonesia continues efforts to prevent or deter money laundering practices and the funding of illicit and terrorist activities.As reported by beritabali.com, one of these precautionary measures is a legal limitation on the amount of cash money…

Bali Real Estate News – Mt Agung Volcanic Status 2

Bali Real Estate News Mt Agung Volcanic Status now reduced to Alert Level 3 – Volcano Experts Outline Future Scenarios for Mt Agung The head of the subsection for the Volcanic Eruption Mitigation Agency (PVMG), Devy Kamil Syahbana, has explained that based on recorded data, the magma reservoirs below Mount Agung in Bali have not managed to find…

Bali Real Estate News – Mt Agung Volcanic Status

Bali Real Estate News Mt Agung Volcanic Status Now at the Highest Alert Level Kompas.com reports the Center for Volcanoes and Mitigation of Geological Disasters (PVMBG)has increased the alert status for Bali’s Mount Agung to Level IV (“Awas”) – the highest alert level issued when experts feel there is imminent danger of an explosion. The increase in…

Bali Real Estate News

Bali Real Estate News The Jakarta Post and State News Agency Antara reports that Chinese investors have been invited to build a local rail system connecting Denpasar – Ubud – Singaraja. The announcement was made by Maritime Affairs Minister Luhut Pandjaitan on Thursday, June 15, 2017. A detailed feasibility study is being conducted by Bali’s Udayana Universityin cooperation with the World Bank for…

Bali Real Estate News – 2016 Tax Amnesty complicates the position of nominee property owner in Indonesia

Bali Real Estate News 12.11.2016. A tax amnesty program recently introduced by the Indonesian Government may herald some unexpected problems and complications also in the Bali property sector where the controversial – and actually illegal – use of local nominees by foreigners investing in freehold status properties in real estate remains widely used. Under the…

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