Obtaining Bali property finance can be difficult for foreigners due to the need for the title deed to be in the name of the person applying for the mortgage. To assist clients with their Bali property purchase objectives, Healy Consultants provides services in arranging Bali property finance. Following is information related to Bali property finance and our firms related services:

In obtaining Bali property finance for clients, Healy Consultants will i) compare the available finance options, ii) negotiate the mortgage terms and conditions on behalf of our client, iii) having obtained appropriate finance, assistance is given to open personal and corporate bank accounts to manage financial transaction such as rental collection and mortgage repayments, iv) if required, a detailed business plan and cash flow projections can be prepared to maximize the probability of gaining approval.

As foreigners can not obtain a freehold title (Hak Milik) for land property in Bali, the name of the Indonesian 'nominee' has to go on the mortgage application and this is why Indonesian banks have been reluctant to give mortgages. However, the introduction of 'right of use above freehold land' (Hak Pakai Atas Hak Milik) is a way for foreigners living in Indonesia to have their name on the title deed and hence make it easier to get a mortgage. Hak Pakai (right of use) is a certificate which is valid for 25 years and renewable three times, effectively giving the purchaser 100 years.

Healy Consultants works with banks including DBS Bank, UOB Bank, ANZ Bank, and Commonwealth Bank to assist international investors to arrange competitive international mortgages for their Bali property finance requirements.

Advice on accounting and tax strategies is offered to clients to ensure all tax obligations are met in the most efficient manner. Healy Consultants employs in-house tax specialists familiar with Indonesian property tax issues. Our staff liaise directly with tax departments including the Directorate General of Taxes Indonesia.

Healy Consultants will project manage the entire process of finding an appropriate Bali property finance solution, whether the purpose is for residential or commercial needs or purely as a property investment to grow your global assets.

For more information on the Bali property finance, call our Singapore office at (+65) 67350120 or contact us at email@healyconsultants.com