Buy land legally in Bali with me as a nominee

Fred · 2023-07-09T12:39:54+02:00

Explore the risks of buying land in Bali through nominee schemes. Get insights on legality and safety for foreign investors. Real experiences shared.

Fred Indonesia Expert

Member since 02 August 2009

A smile is the universal welcome.
Max Eastman

FredIndonesia Expert09 July 2023 10:39:54

29633

I have just read yet another set of sites that offer nominee schemes to idiots, so I thought I'd set up my own because I like easy money.

You essentially own the land but it's all in the name of an Indonesian citizen (me).

You can rest assured I won't sell the land from under you as you have an agreement that says I can't.

The fact you can't go to court to complain about being ripped off whilst doing something illegal is a minor concern - Your investment is safe聽 with me.

Lots of companies offer this service to the gullible, but I can really convince you my service is as safe as it is legal as I have a nice smile and I'm really good at lying.

So, if you want to buy land in Bali legally and safely, email me on rippingoffidiots@gmail.con

Sounds like a joke聽 thread, but people actually take the risk and sign up to these dodgy nominee deals.

An old聽 one, but it shows up the issue

If you're a total moron and still want to try, send me an email聽

Sonnyag6 Member

Member since 15 October 2017

Sonnyag6Member17 July 2023 09:48:35

Good night Mr Fred

I have to say that you are always on top of everything in Indonesia. I always like to read your post. I really appreciate all the information that you have been posting.

Trying to make up my mind to start spending 3 .oaths at a time in Indonesia twice per year but the visa thing is kinda tricky.

Regards

Sonnyg

Stay safe

AnotherMovingToBali New member

Member since 25 October 2023

AnotherMovingToBaliNew member25 October 2023 13:13:32

Just as a fairly trivial reply, I have been reading here about Hak Milik, Hak Pakai, and pre-nuptials, as well as many other things. Thanks for all the posts, including this humorous one I'm going to be more prepared than I would have been when my Indonesian wife takes me around Denpasar estate agents later in the year.

I will make sure I'm wearing my running shoes in case anyone suggests a nominee purchase 'agreement' to me.

GuestPoster28122 Guest

GuestPoster28122Guest02 November 2023 00:01:55

Yes, the nominee arrangement is a scam in addition to being illegal. but the bigger scam/ deception in bali is the whole 鈥檒easehold鈥� arrangement. This is where locals lease you their land for 25-30 years and tell you its possible to extend your leasehold in the future for the 鈥檛hen market rate鈥� of the land鈥� which can easily be 2-3x the price you paid initially.聽 What usually happens is foreigners end up developing villas only to have to hand back their 1.5-2.5M villa investment with no compensation. You also have no right to sell your leasehold without the property owners agreement and a depreciated price.聽 The only way to enter into a reasonable leasehold is to set up a PT/ PMA and have a 鈥榬ight to use and develop鈥� or hak guna bangunan HGB for 30+ 20+ 30 years with the government. There are still risks the extension laws and costs may change, and the cost of setting up at PT/ PMA can he high鈥� but its a much safer way to invest in Bali. Bottom line: be very careful investing in Bali property.

bennl Contributor

Member since 13 October 2021

bennlContributor02 November 2023 00:16:46

176

Anyone who actually works hard to earn a living and has at least 1 -working- brain cell聽 would get proper legal advice and never get into any of聽 these聽 scamms,聽 one聽 would聽聽think?

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Ubudian Indonesia Expert

Member since 28 January 2013

UbudianIndonesia Expert02 November 2023 02:02:09

3214

"...one would think?"聽 YES...one would think, BUT, the appeal of Bali, which is greater than the appeal of Homer's island of the sirens is greater, and when coupled to the stories of older expats who successfully used the old nominee scheme, this old scheme still finds many who are willing to take the risk, and venture forth.

Face the facts..."Bali tidak di jual"...Bali is NOT for sale.聽聽聽聽