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business in Bali is facing serious changes! Hello friends, Dima here. Having lived in Bali for 4 years, I've observed many times how local authorities announced "mass inspections" of foreign companies - they make some noise and everything returns to normal... But this time the situation is REALLY different.
The new president of Indonesia has launched a large-scale anti-corruption program that will affect everyone doing business through "gray schemes." If you think your protection will solve all problems - I have bad news.
In this video, I explain why foreigners cannot truly buy land in Bali (yes, it's true!), how much a legal business for a foreigner REALLY costs (spoiler: $600,000 authorized capital for PT PMA), and how this mysterious Kortex system works, which will connect tax authorities, immigration services, and banks in 2025.
Many of my acquaintances have already faced deportation, despite "reliable protection" from locals. If you're planning a long-term business in Bali or are already engaged in one - this video could save you from serious problems!
By the way, there are alternatives - for example, working with a reliable local partner or getting a new E33G visa (remote visa/freelance visa). It's really cool - you can live for a year without any hassles with opening a company!
We spoke with professionals from the consulting field to figure out how to conduct business in Bali legally and safely. So if you don't want to pack your bags in 2025 - watch until the end!
00:00 Mass inspections of businesses in Bali: what's really happening?
00:56 The myth of buying land in Bali debunked — the truth that realtors hide
01:52 "White" vs "Gray" business in Bali: how the rules of the game are changing in 2025
02:47 PT PMA: $600,000 needed for a foreigner's legal business
04:28 Balinese partners: who can be trusted and how not to lose money
07:27 The whole truth about land ownership in Bali: Hak Pakai vs Hak Sewa
09:43 Real estate investments in Bali: legal ways for foreigners to earn
12:33 Buying land for construction — dangerous promises from sellers
13:29 Green vs Yellow zone: why your plot might turn out to be useless
15:18 E33G visa: how to legally live in Bali without opening a company
19:04 Kortex — the new system that will change everything for foreign business
23:28 Preparation: what business owners in Bali should do right now