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09.12.2023

Owning a Home in Bali: Payment Methods and Utility Considerations

For those considering real estate in Bali, understanding payment options and associated bills is crucial. Here's a guide:


Payment Methods:

1. SWIFT Transfer: Utilize SWIFT transfers from Russian banks to the developer's account, ensuring the bank is not under sanctions.
2. Cryptocurrency: Many developers accept payments in cryptocurrencies, providing a convenient and alternative payment avenue.
3. Payment in Rubles: This involves a cryptocurrency transfer with subsequent conversion, essentially allowing payment in rubles.
4. Local Bank Account: Open an account with a local bank in Indonesia to facilitate transactions.


Foreigners can access banking services in Indonesia without a residence permit, making financial transactions smoother.

 


Residence Permit Programs:

Consider Indonesia's residence permit programs for investment, offering permits ranging from 5 to 10 years. This provides an attractive option for long-term stays.


As you embark on this journey, it's worth noting that VelesClub specializes in premier Real Estate projects, offering unparalleled support throughout the entire process. Make your Bali real estate venture seamless with VelesClub."

VELES OTOMOTİV İTHALAT İHRACAT İNŞAAT SANAYİ VE TİCARET LİMİTED ŞİRKETİ

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