Retirement Villas in Bali: The Expats’ Complete Buying Guide

  • Bali Villa Realty by Bali Villa Realty
  • 2 months ago
  • Blog
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Moving to a new country for retirement can seem scary. 

You might be worried about understanding the laws and ensuring you have enough money for a comfortable future. 

These worries are normal for expats looking to retire in Bali but unsure how to start.

That’s why this article is here to help. 

We’ll give you easy-to-follow advice on how to find and buy the right home…

Guiding you for happy and relaxing years for your retirement.

Why Bali?

According to Detiktravel, Bali is Asia’s fourth-best destination for retirees.

It’s because Bali offers beautiful scenery and a peaceful way of life. 

Bali is also famous for its rich culture, including traditional dances, music, and art. 

No wonder retirees love spending their time there. 

Each part of the island offers a different way of living, from the busy streets of Seminyak to the calm rice fields of Ubud. 

Not mentioning the weather…

The island has a tropical climate with wet and dry seasons. 

But with the overall hot seasons in Bali, you can enjoy sunbathing and relaxing afternoons on beautiful beaches.

Identifying Your Needs

Before looking for a villa in Bali to stay…

It’s essential to consider this thing: Assessing Personal Retirement Goals.

Begin by envisioning your ideal retirement. 

Picture your perfect day in Bali: Is it waking up to the soothing sound of waves on a beach or enjoying the tranquil ambiance of a countryside villa? 

Bali’s diverse landscapes offer something for everyone, whether it’s cultural richness, easy access to healthcare, vibrant expat communities, or a relaxed pace of life. 

Reflect on what matters most to you in your daily life and retirement.

That way, you can find your dream villa in the perfect location, amenities, or community.

After assessing the needs for your retirement, here are five steps you can consider before buying your property. 

Step-by-Step Guide to Finding Your Villa

Step 1: Research and planning 

Thinking about retiring in Bali means enjoying its beauty and getting to know its local way of life. 

When it comes to costs, living in Bali can be less expensive than many places in the West. 

However, the amount you’ll spend depends on your lifestyle. 

It can include everyday expenses like food, healthcare, transport, and fun activities. 

Bali’s housing market offers a wide range of options, from luxury houses near the beach to quiet homes in the hills, catering to different tastes and needs.

​​The process of acquiring property involves several legal checks and balances. 

Conducting thorough due diligence on the property, verifying legalities such as land certificates and building permits, and ensuring compliance with tax regulations is essential. 

Additionally, all agreements and contracts should be meticulously reviewed and legally ratified…

Preferably under the guidance of a legal professional experienced in Indonesian property law.

For retirees, navigating visa requirements is crucial to planning your move

Understanding the visa requirements set by the Consulate General of the Republic of Indonesia is also vital. 

The Retired/Senior Citizen Visa is a temporary stay visa issued for retirees wishing to stay in Indonesia for over 60 days, which can be extended for up to five years. 

There’s also the Retirement KITAS, a special visa for foreign nationals over 55 years old.

You can apply for this KITAS after spending a month on a tourist visa in Indonesia.

Current eligibility for this visa includes:

  • Being 55 years or older
  • Possessing a passport with more than 18 months of validity left, 
  • Demonstrating financial stability through a monthly pension or bank deposits of at least $1,500, totaling $18,000 annually.

Step 2: Understanding legalities

Navigating the property laws in Indonesia is a crucial step.

It’s important to buy a safe and legal home in Bali and make proper tax payments.

Understanding these specific regulations is vital to a smooth and legal property acquisition process as a foreigner. 

Here, you have several options for property ownership. 

The most common and secure for foreigners is the leasehold

It allows you to lease property for 25 to 30 years and is often extendable. 

While direct freehold ownership is going through a complex process, some choose a local nominee system. 

But we don’t recommend using the nominee system as there’s a chance you may get scammed and end up losing your property rights. 

Before making any purchase, verifying the property’s legal status, including land certificates, building permits, and tax records, is essential. 

Make sure all agreements and contracts are in writing and legally binding. 

Having these documents reviewed by a legal professional to ensure everything is in order is always a good idea.

While navigating these legalities, remember that adapting to local customs and laws is crucial for a harmonious living experience in Bali. 


It’s also wise to seek advice from a reputable legal firm experienced in handling property transactions for expats. 

They can provide invaluable guidance and ensure your journey to owning a dream home in Bali is as smooth and stress-free as possible.

Step 3: Location Selection

Finding a location depends on your needs and preferences for your dream retirement. 

Here are five exclusive locations you can choose from: 

  1. Ubud

Ubud is the heart of Bali’s culture, ideal for those who want peace and a deep connection with local arts and traditions. 

Picture yourself surrounded by green rice fields, visiting ancient temples, and exploring vibrant art markets. 

The community here is very welcoming, which makes it easier for newcomers to feel at home. 

Even though it’s away from the beach, Ubud has everything you need at a more affordable cost. 

It suits retirees who love nature, art, and a calm environment.

2. Nusa Dua

Think of Nusa Dua as your slice of luxury. 

It’s all about high-end living with beautiful resorts, white-sand beaches, and top-class golf courses. 

It’s perfect for retirees looking for a bit of luxury. 

The area is clean, well-kept, and safe, with plenty of nearby amenities. 

Yes, it might cost more to live here, but for that price, you get a quiet, upscale neighborhood with everything within reach, including good healthcare.

3. Cemagi

Cemagi is your secret hideaway. 

It’s quieter and offers a more genuine Balinese lifestyle, set against lovely coastal views. 

If you’re looking for a spacious home with a view at a reasonable price, this is it. 

Cemagi is for retirees who want a slower, more relaxed pace of life, close to nature yet close enough to essential services.

4. Seseh

Seseh is all about a peaceful beach life without the crowds. 

Here, you can enjoy lovely beaches and a friendly, tight-knit community. 

It strikes the right balance between traditional Balinese living and modern comforts. 

The living costs are fair, making it an excellent choice for a calm and scenic retirement near the sea.

5. Kaba-Kaba

If you’re tired of the hustling area of Canggu but still close, then Kaba-Kaba is the right place.

Kaba-Kaba is on the rise for those balancing tradition with convenience. 

This area is growing and offers a variety of new homes, all while keeping its charming rural feel with rice fields and local temples. 

The living costs are reasonable, attracting retirees who want a quiet but convenient place. 

Kaba-Kaba is great if you’re looking for an authentic Bali experience with the comfort of modern living.

Step 4: Budgeting and Financing

When considering retiring in Bali, it’s important to get your finances in order. 

Here’s how you can plan your budget and look into financing options:

  • Understanding Costs

First, let’s talk about the costs. You’ll need to think about the villa’s price, of course. But there are other expenses, like taxes, maintenance, and some renovations, to make the place right for you. It’s not just about buying the villa; it’s also about the cost of living there.

  • Setting a Budget

How much can you spend? It’s a big question. Start by looking at your savings, pension, and any other income you might have. Be realistic about what you can afford now and in the long run. Bali can be affordable, but you want to ensure you’re comfortable and not stretching yourself too thin.

  • Financing Options

If you need some extra funds, there are options. Some expats choose to get a mortgage back in their home country. Others might look into local financing options. Remember, the rules for loans and mortgages can differ in Bali, so it’s worth talking to a financial advisor who knows the ins and outs.

  • Planning for the Future

Remember to think about the future. Healthcare costs, emergency funds, and even travel back home to visit family. Having a plan and some money aside for whatever might come up is always good.

Step 5: Seeking Professional Help

Navigating the Bali property market can be complex. That’s where professional help comes in. Here at Bali Villa Realty, we can:

  • Give you insights on the best locations and price trends and even helps you understand the local laws and regulations.
  • Find properties matching your needs and budget. 
  • Negotiate and close the deal to ensure you get the best deal possible. We’ll also help with the paperwork, ensuring everything is done correctly and legally.

Conclusion 

From assessing your personal retirement goals to understanding the legalities of property investment in Indonesia, each step is crucial in shaping your retirement experience.

Remember, the goal is to find a villa and discover a home that resonates with your dream of a perfect retirement. 

With thoughtful preparation and guidance, you can make this dream a reality.

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