Wow…

I bet you can write a book about it Terry. As you mentioned more about Thailand than Bali, can I assume that Bali is a bit more secure?

I recently read that Indonesian government is looking to change their regulation to make it a lot more friendly to investors. This is also applicable to property business, which in this terms goes for foreigners.

I am not sure whether it is really a good improvement, as on the other side we still cannot buy property  there, unless we use nominee system. In the upcoming regulation (in process) foreigners can do leasehold for a minimum 70 years term.

In nominee system, I have been advised that we can actually make it secure by registering the certificate on mortgage and therefore preventing the nominee from selling the property. However, I am not sure whether it will really work.

Or, another option is buying the property under company name, which means that we should run a business in Bali.

Anyway, I am still not sure about it and would appreciate further comments.

Thanks Terry