has anyone invested outside of the US - for example COCO in Bali

Question

concerns about safety/fraud , taxation etc...

https://cocodevelopmentgroup.com/boulevard-villa-bali/

PDF of payback calculations   https://drive.google.com/file/d/1FQca4xOb7Dgxy9o5-UP8wvXuZCo...

Mike Lambert · Answer

Yes, I've been investing overseas for years and help many others doing so but investing internationally differs from country to country so asking about international and specifically in Bali.

There can be fraud everywhere, including in the US, so you should always beware and the risk will be higher or lower, depending on the country. When it comes to taxes, it'll depend on the country.

I personally haven't and I won't invest in Asia because you almost never can own the land freehold. That's the problem because you have no ultimate control of your property and it's a sign that you're treated second class compared to the locals . I don't know about you but I don't want to invest money where I'm treated second class, with all the consequences that go with that.

Rusdianto Rusdianto · Answer

Yes, many investors have explored opportunities outside of the U.S., including in Bali. For example, Bali’s real estate market has attracted interest from international investors due to its growing tourism industry and development potential. COCO, a prominent investor in Bali, is one of many who have recognized this potential. With my background in law, currently studying in Indonesia, and my experience as a real estate agent, I’ve seen firsthand the opportunities and legal considerations involved in such investments. The region offers promising returns, especially in areas like Kedungu, Tabanan, which is undergoing significant development and is just 15 minutes from Canggu

Mike Lambert · Answer

@Rusdianto Rusdianto

Leasehold isn't ownership and so you don't have control. And, then, as time passes, because the lifetime of the lease decreases, the real value of the property actually decreases towards 0 until the lease gets renewed and there's absolutely no guarantee that it will. The purpose of owning real estate is to have the value go up over time, not to 0. I'd never buy under leasehold but, if you want to "own" in Bali , you have to accept that. Otherwise, there are many other countries with high growth potential, tourism demand, and relatively affordable prices compared to Western markets that don't discriminate again foreigners that way.

What you mention about corporations is interesting. But that leaves me asking: If the Indonesian government indeed doesn't want foreigners to own/control land in the country, why would they allow for such an obvious loophole? In other words, what's the catch? There are other countries in which you can buy through a corporations but foreigners cannot own or control more than 49% of the company.

Rusdianto Rusdianto · Answer

You're absolutely right that investing internationally varies greatly depending on the country, and the risks can be higher in certain regions. Fraud is a universal concern, so it's essential to conduct thorough due diligence and work with reliable legal and financial advisors.

Regarding Bali, it's true that foreigners cannot own land freehold due to Indonesian law. However, there are legal structures in place, such as leasehold agreements, that allow long-term control of property. These agreements can last for up to 80 years, and you can transfer or sell the lease, offering flexibility. While it's different from outright ownership, many investors still see value in Bali’s real estate market due to its high growth potential, tourism demand, and relatively affordable prices compared to Western markets.

Actually there is some flexibility that you can own a as a foreigners, the solution on it is by owning a company and put the property under the company name. And for sure the company will be own by you or people who are buying property in Indonesia, Bali.

has anyone invested outside of the US - for example COCO in Bali

Most Popular Reply