Hello,

I will arrive april 22nd ..... so next week and we stay the first 2 months in a bungalow/guesthouse of Villa ChiChi's near Canggu. I also booked a small rental car with airport pick-up

As I intent to live on Bali, I am looking which best to obtain the necessary kitas.
As employe or partner of a real estate or building or architect company or buying an existing PMA or setting up a local PT .....

Who can give some advice, I am open for any proposal ...

I am 50 and retired as architect, my wife is 40 and speaks russian

Have a nice day

Daniel
svetlux@hotmail.com

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Svetlana & Daniel
"looking to buy or build a small beach resort on Bali"
somebody can give advice?

1) Indonesian law requires foreigners to have real jobs and be fully qualified for that job and for it to be on a certain list of approved jobs.

2) Investing in a property is a sham as a) you can not own land or buildings, b) nominee loan agreements are circumventing the law and are therefore unlawful, and c) investment in a property will not qualify you for a KITAS.

3) You can not own controlling shares in any company; the so called "B" or "voting share" scheme is a circumvention of the law and therefore unlawful.

4) Yes you will get a KITAS if you pay someone to lie but then you will be living a lie and subject to greater extortion in one of the most corrupt countries in the world.

5) Foreigners who spend more than 60 days in ANY 12 month period in Indonesia are required to register for tax. The Indonesians tax you on your worldwide income.

6) Yes you can get by with a tourist visas and by paying bribes, but you will always be subject to the whims of some of the most deranged nastiest officials going.

I think you are nuts.

Malaysia has second home visas where you can buy a home and the land it sits on. You can stay as long as you like (up to the visa term) without having to come and go. It is multi-entry is you wish to come and go. It is automatically renewed. You do not pay any tax on any income made outside Malaysia. You are able to employ a foreign maid who would then also qualify for a visa. You are able to import tax free you own car. The roads are better. The health care is better. They have better beaches and food. There are less health risks and Malaysia is not as corrupt as Indonesia.

Again, I think you are nuts. Bali is a paradise only for tourists and those who want to play the nasty game.