LLC for Foreign Property: - Is it necessary to form a new LLC specific to the foreign property, or can it be owned under an existing U.S.

Regardless, if you create an LLC in a state you do not live in, you will have to register as a foreign entity.

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.

I'll never invest in a country in which I'm treated differently just because I'm a foreigner.

'Owning' land for foreign individuals is not possible.

Also with the population growing due to foreign plants opening shop there. competition can be very fierce & properties left for auction is minimal.

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

I'm looking to setup a parent/foreign Wyoming LLC.

Legal ConsiderationsConsult a Lawyer: Ensure you understand the legal landscape for foreign investors in the US.

Commodity is not worth what it is sold for, the only reason it is so high is the abundant flow of the cash from hedge funds, financial management companies, foreign and domestic investors who pay cash to purchase 32% of existing inventory.