Planning Overseas Investment in Property? Bali is the Best Choice!

The natural attractions of Bali combined with modern transportation and living facilities have made it a favorite tourist spot. So renting out villas or resorts or estates in Bali generates considerable income. Usually foreigners acquire villas and estates in the name of a Balinese citizen and lease it out from him for a period of 25 years which can be extended again for another 25 year term. This villas and estates can be used for personal purpose and can also be rented out to the tourists whose number is increasing by leaps and bounds as years pass. Though permanent property acquisitions are not allowed for foreigners in Bali, many foreigners are finding Bali a profitable temporary overseas investment.