Bali has long been a top destination not just for vacationers but also for those seeking a more permanent lifestyle in paradise. If you’re considering buying Bali property and retirement visa options, you’re not alone. Thousands of foreign nationals are now investing in land, villas, and residential properties while securing their legal stay through Indonesia’s retirement visa program.
In this article, we’ll explore how property investment and retirement visas work together, the benefits of both, and the essential steps you need to take to retire in Bali legally and comfortably.
Why Retire in Bali?
Known for its stunning beaches, lush nature, vibrant culture, and affordable living costs, Bali is a dream retirement destination. Here’s why many expats are making the move:
- Lower cost of living compared to Western countries
- Tropical climate year-round
- World-class healthcare available in nearby cities
- Rich cultural experiences and wellness-focused communities
- Growing expat population and social networks
Understanding Bali Property Investment for Retirees
While foreigners cannot directly own land in Indonesia, several legal mechanisms allow for property investment:
1. Leasehold (Hak Sewa)
Foreign retirees can legally lease land or property for an extended period (25–30 years), with options to extend up to 70+ years. This is the most common method for expats.
2. Right to Use (Hak Pakai)
This right allows foreigners to use land or property, especially residential homes. It’s ideal for retirees looking to live long-term without running a business.
3. PT PMA Structure (Foreign Investment Company)
If you plan to run a business during retirement (like a villa rental), this structure allows you to own property under a company name, but it’s not the typical choice for retirees.
About the Retirement Visa for Bali
The Indonesian retirement visa (KITAS Lansia) is a renewable one-year stay permit that allows foreigners aged 55 and above to live in Indonesia legally. It’s designed for non-working retirees.
Requirements:
- Aged 55 years or older
- Valid passport (minimum 18 months validity)
- Proof of income or pension of at least USD 1,500/month
- Health and life insurance
- Long-term rental agreement or property lease in Bali
- Employ a local domestic helper (as per visa conditions)
This visa must be applied for through a licensed local sponsor or visa agent.
How Property and Retirement Visa Work Together
To qualify for a retirement visa, you must show proof of residence. This is where property comes in. Most retirees sign long-term lease agreements for villas, homes, or apartments in areas like:
- Sanur – quiet, beachside area favored by retirees
- Ubud – known for its serene environment and cultural life
- Canggu – slightly more lively, with wellness and coworking spaces
- Jimbaran and Nusa Dua – gated communities and quieter coastlines
Having a leased or rented home not only satisfies visa requirements but also ensures a stable and comfortable living environment for your golden years.
Benefits of Combining Property and Retirement Visa in Bali
- Legal long-term stay with fewer worries about visa runs
- Affordable luxury living in a fully equipped villa
- Stable and secure residency backed by legal documentation
- Health care access through private insurance and local hospitals
- Strong community ties with fellow retirees and expats
Steps to Take for a Smooth Transition
- Engage a trusted property agent familiar with leasehold or Hak Pakai contracts
- Find a legal visa agent to help process your retirement visa
- Choose the right location in Bali that suits your lifestyle needs
- Secure a long-term lease (minimum 12 months, ideally 5+ years)
- Prepare required documents including financial proof, insurance, and housing lease
- Submit your application via a licensed visa sponsor
Conclusion
Investing in Bali property and retirement visa arrangements can be the gateway to a peaceful, enriching retirement in one of the world’s most sought-after islands. With the right legal guidance and a long-term housing solution, you can enjoy the beauty and tranquility of Bali—permanently and securely.
Whether you dream of living near the rice fields of Ubud or the serene beaches of Sanur, the time to plan your retirement in Bali is now.
FAQ
1. Can foreigners buy property in Bali to retire?
Not directly, but foreigners can lease land or use the “Right to Use” (Hak Pakai) option for long-term residence.
2. How much does it cost to lease a villa in Bali for retirement?
Lease prices vary by location, but long-term leases can range from $5,000 to $15,000+ per year for high-quality villas.
3. How long does it take to get a retirement visa?
The process usually takes 4–6 weeks when handled by a licensed visa agent.
4. Is the retirement visa renewable?
Yes, it is a one-year visa that can be renewed annually up to five years, after which you can apply for a permanent stay (KITAP).
5. Do I need to hire a housekeeper for the visa?
Yes, the retirement visa requires you to employ at least one Indonesian domestic helper.
6. What happens to my lease if I leave Bali permanently?
You can sublease or transfer the lease, depending on contract terms, or sell the remaining lease period if allowed.
7. Can I bring my spouse on the same visa?
Yes, your spouse can apply for a dependent visa based on your retirement visa status.
If you are interested in finding out more information about property in Bali, you can visit our website at www.buypropertyinbali.com.au. You can also click on the WhatsApp link (+62)818998818 (Mr. Fajar) to connect directly with our team.