07/07/2024
International politics and the Bali Real Estate Market
A few months ago, elections were held in Indonesia. The new president intends to increase foreign investments in Indonesia. This mainly concerns large companies, but possibly also smaller investors who want to invest in real estate. The current government has already taken steps to attract these smaller investors, for example with the second home visa and the golden visas.
Indonesia is not the only country that has recently had elections. Several Western countries have recently had elections or will have them in the coming months, such as the United States, the United Kingdom, Germany, the Netherlands, and France. It may be a coincidence, but most of the inquiries we have received in recent months come primarily from these countries. Is politics in these countries a factor, or is it purely coincidental that the inquiries come mainly from Europe and the United States?
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A few months ago, elections were held in Indonesia. The new president intends to increase foreign investments in Indonesia. This mainly concerns large companies, but possibly also smaller investors who want to invest in real estate.