Riky Hidajat replied to the topic Investing On Cheap Land In Bali in the forum Overseas Deals 10 years, 1 month ago
Hi Adrian, the Chinese government was doing a lot in transforming a once farming country into an industrial one. You can imagine how much works have to be created to accommodate the migrating work force. Some country-owned enterprises even losing billions of dollar every year, still they are producing products at a loss. Why? Because the…[Read more]
Riky Hidajat replied to the topic Investing On Cheap Land In Bali in the forum Overseas Deals 10 years, 1 month ago
Hi Ivan,
It is because more and more foreign investors are buying properties in Bali using foreign currency.
Since Rupiah is under pressure, the property prices there are relatively cheaper than other places.
However, as far as I know, to buy a land, you need local people to do so. So foreign investor partner with a local people, or married with…[Read more]Ricksyd replied to the topic Setting up US LLC and Bank Accounts in the forum Overseas Deals 10 years, 1 month ago
I used to setting up a bank account with Wachovia via online application by myself without virtually any setup cost about 5 years ago. I registered a US Delaware corp company and made an online inquire through the bank. Someone followed up on me and I was able to manage by account through online banking. When I searched through internet, Wachovia…[Read more]
Ricksyd replied to the topic Investing On Cheap Land In Bali in the forum Overseas Deals 10 years, 1 month ago
In the long run, properties in Bali will continue to rise.
The only concern is terrorists might use Bali to launch their attacks to foreigners.
If that’s the case, it will be a sharp V curve, price drops quickly and rise quickly again.
If you are interested in buying land in Indonesia, you can PM me for details.Ricksyd replied to the topic US Mailing Address in the forum Overseas Deals 10 years, 1 month ago
I used to use their service. They are satisfactory. Hope this helps.
http://www.usa2me.com/Ricksyd replied to the topic Hong Kong Investors? in the forum Overseas Deals 10 years, 1 month ago
Hi Stevie, I lived in Hong Kong for the past 27 years and bought some properties before. You might consider buying properties in Taikoo Shing. The rent and tenant quality is always better in that area. Or if it is too expensive, a cheaper alternative will be in Quarry Bay. The area has become a commercial area with grade A office building such as…[Read more]
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