Can I buy a business in Bali?

By Users' questions

Can I buy a business in Bali?

To obtain 100% legitimate legal status, profit from investments, have full work in Indonesia and residence rights in Bali you require an Immigration Working Visa (KITAS). A business visit visa is valid for up to 60 days which will give some time to start your application.

Can a foreigner open a restaurant in Bali?

For foreigners, there are two common types of legal entity available in Bali for restaurant business: a local company (PT) and a foreign-owned company (PT PMA). Fortunately, under the current Negative Investment List (NIL), foreigners are allowed to have 100% ownership of the PT PMA in the restaurant sector.

Can you live cheap in Bali?

While it is possible to live on $650 per month in Bali on an uber, bare-bones budget (which is actually still a lot more than locals make and live on), many expats will need more than that for a comfortable lifestyle with Western amenities.

Is Bali good for entrepreneurs?

Bali has branded itself as the hub for creative and business-oriented people. Besides the growing networking scene, there’s one top reason entrepreneurs choose Bali; cheap living costs. At less than 1000 euros a month you can easily afford to live in a nice villa, travel and eat out every night.

How do I get settled in Bali?

You need a Visa to visit or live in Bali, what type of visa is what needs to be planned. You will enter Bali on a Tourist Visa, which is valid for 30 days. If you want to extend to 60 days, you must purchase a Visa on Arrival (VOA) when entering the airport. Then a visit to Immigration will allow you to extend.

How do I open a bar in Bali?

Opening a New Bar in Bali by Following These 4 Steps

  1. Location. A strategic location will help you to bring a lot of visitors to a newly opened bar.
  2. Business Plan. It is important to have a business plan before opening your own bar.
  3. Acquiring Permit.
  4. Collaboration with Others.

Is there a lot of crime in Bali?

Bali is safe to visit. And whilst petty crime does pose a little bit of a problem, there were ‘only’ a total of 3,347 criminal cases recorded. Violent crime itself is relatively low as well. Petty crime is the main thing you should be worried about and most of it happens around Canggu and Seminyak.