Freehold Villas for Sale in Bali
Hak Milik (Freehold) is the strongest, most permanent property title available to individuals under the Indonesian Agrarian Law. Hak Milik, often abbreviated to SHM (Sertifikat Hak Milik), is only available to Indonesian nationals, and any attempt to hold this title through a third party, nominee, or any series of agreements is not only against the Agrarian Law, but is dangerous for any foreign buyer. In fact, the vast majority of cases involving loss of ownership, protracted legal battles, and people vowing to never live or invest in Bali again stem from foreign buyers attempting to own freehold. But for qualified buyers with good legal support, buying a home that they own for life and can pass on to their children affords piece of mind like few other investments. For Indonesian nationals, and those of you in mixed marriages, let us help you understand your rights and responsibilities when buying freehold property in Bali.