Buying Real Estate in Indonesia
Indonesia's property market is projected to reach $68.5 billion in 2025, with forecasts showing growth to $91 billion by 2030. This tropical paradise is experiencing a surge in demand from foreign investors seeking vacation homes, retirement properties, and investment opportunities, with Americans increasingly drawn to the value compared to US real estate markets.
Key Market Trends
- National Growth national property price increase in upcoming years, showing steady market conditions
- Bali Growth annual appreciation for villas and land in Bali, driven by tourism and digital nomad influx
While Bali continues to outperform with double-digit growth, urban centers like Jakarta and Surabaya are experiencing flat or low growth. The tourism recovery and rising digital nomad population are key drivers in high-demand areas.
Popular Investment Regions
Bali
Indonesia's crown jewel for investors, offering high rental yields (8-12%) and strong resale growth. Popular areas include Seminyak, Canggu, and Ubud, each with distinct advantages for different investment goals.
Jakarta
Indonesia's business and financial hub features steady demand for quality apartments and commercial properties. Areas like Menteng and Kuningan attract expatriates and business professionals.
Yogyakarta
Known for its cultural significance and affordability, Yogyakarta appeals to retirees and budget-conscious investors. University presence ensures steady rental demand.
Visa, Residency, and Citizenship Options
Visa
- Tourist Visa: Stay up to 60 days, extendable once for another 60 days. Ideal for short visits.
- Retirement Visa (KITAS): Available for those 55+, allowing a 1-year stay, extendable. Requires proof of income and health insurance.
- Business Visa: For those looking to invest or manage a business, typically valid for up to 6 months and extendable.
Residency
- Temporary Residency (KITAS): Issued for 1 year and renewable, typically for retirees, investors, or workers.
- Permanent Residency (KITAP): Available after holding KITAS for 5 consecutive years, offering long-term stay options.
- Spousal Residency: Foreigners married to Indonesian citizens can apply for a KITAS based on their marriage.
Citizenship
- Naturalization: Foreigners can apply for citizenship after 5 years of continuous residency on a KITAP.
- Dual Citizenship: Indonesia does not recognize dual citizenship; applicants must renounce their previous nationality.
- Investment Path: There are no direct pathways to citizenship through investment, but long-term residency can lead to eligibility.
Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Steve Luther
Chief Troublemaker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
Ashley Luther
COO/Managing Broker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
713 18th Ave S, Nashville, TN 37203