Home Blog Top Investment Opportunities for Diaspora Visa Holders in Bali Bali | Company Registration | Immigration Services Top Investment Opportunities for Diaspora Visa Holders in Bali InCorp Editorial Team 4 July 2024 5 reading time Table of Contents Bali Investment Outlook Why Choose Bali? What is a Diaspora Visa? Top Profitable Sectors to Invest in Bali Start Investing in Bali Exploring investment opportunities in Bali is a great option for Diaspora Visa holders. It is an Indonesian paradise that offers a unique blend of cultural richness, stunning landscapes, and a growing economy. Bali is an ideal destination for people who want to establish roots and make strategic investments. Bali Investment Outlook Bali’s investment scene is sizzling, fueled by a resurgent tourism industry and a diversifying economy. Here’s a glimpse into the current landscape. 1. Tourism Tourist arrivals have surged, surpassing pre-pandemic levels. In October 2023, over 500,000 international visitors came to Bali, marking a 70% YoY increase. Luxury travel is flourishing, with high-end accommodations experiencing strong demand, benefiting luxury property investments. Sustainable tourism initiatives are gaining momentum, attracting eco-conscious travelers and investors. 2. Real Estate Property prices are rising, especially in popular tourist areas like Seminyak, Canggu, and Ubud. There is a high demand for land plots near beaches and rice paddies. Villa rentals, boosted by platforms like Airbnb, are a lucrative investment opportunity. Co-working spaces and serviced apartments are attracting digital nomads, creating new prospects in the co-living sector. 3. Beyond Tourism Bali’s tech sector is thriving, with startups in e-commerce and fintech drawing venture capital investments. The creative community is flourishing, offering investment opportunities in art galleries, co-working spaces, and lifestyle businesses. Significant government investment in Bali’s infrastructure, including new roads, airports, and renewable energy projects, enhances the island’s business climate. Why Choose Bali? Choosing Bali as a destination, especially with the Diaspora Visa, offers a range of compelling advantages for residence and business activities: Cultural diversity Scenic beauty Thriving tourism Ease of doing business Cost-effectiveness Investment opportunities What is a Diaspora Visa? Compared to traditional visa options, the Diaspora Visa offers several advantages and appeals to those seeking residency in Bali. The features of the Diaspora Visa include: FeaturesDescriptionsExtended Stay DurationHolders of the Diaspora Visa in Bali are afforded the privilege of staying for extended periods, ranging from 5 to 10 years, eliminating the need for frequent visa renewals.Sponsorship EliminationUnlike traditional visas, the Diaspora Visa obviates the requirement for a sponsor or guarantor, streamlining the application process for prospective residents.Entry and Exit FlexibilityFor those with a Diaspora Visa residing in Bali, the flexibility of multiple entries and exits is granted, eliminating the need for repetitive visa applications when traveling in and out of the country. If you are considering applying for a Diaspora Visa in Bali, it is worthwhile to delve into the additional benefits associated with this particular visa category, which include: Additional BenefitsDescriptionsLiving and Working PrivilegesDiaspora Visa holders are granted or eligible to live and work in Bali, fostering an environment conducive to personal and professional pursuits.Access to Social ServicesDiaspora Visa holders are granted or eligible to access essential social services, encompassing healthcare and education, contributing to an enhanced quality of life.Property Ownership RightsDiaspora Visa holders are granted or eligible for ownership rights, facilitating the purchase of property in Bali, offering a tangible investment opportunity and a sense of permanence for those choosing to make Bali their home. Top Profitable Sectors to Invest in Bali You might consider several industries if you’re a Diaspora Visa holder looking for work opportunities in Bali. These industries are quite popular and offer good career prospects. 1. Property Investment Bali’s soaring popularity as a tourist hotspot has propelled property prices, attracting foreign investors to Seminyak, Ubud, Sanur, and Canggu. Notably, the Northern part of Bali and Seminyak offer quick returns and high occupancy rates, making property investment in Bali exceptionally lucrative for Diaspora Visa holders to work in this sector. 2. Tourism Sector Bali’s thriving tourism, with over 1.5 million annual foreign visitors, sustains a continuous demand for businesses such as hotels, resorts, restaurants, cafes, spas, and wellness services. Supporting services like food suppliers, security, and event organizers also present opportunities for Diaspora Visa holders to thrive in this dynamic industry. 3. Cultural Products Bali’s rich cultural heritage allows Diaspora Visa holders to work and establish manufacturing and trading companies for high-quality handicrafts, furniture, and art products. Skilled local artists produce paintings, sculptures, and jewelry, offering ample opportunities in the creative industries. 4. Fashion Industry Bali’s dynamic fashion scene appeals to foreign entrepreneurs, inspiring the creation of common and designed custom clothing, jewelry, eyewear, perfume, shoes, sportswear, ethnic accessories, and bags. The island’s cultural richness serves as a wellspring of inspiration for design and innovation. The circumstances offer Diaspora Visa holders opportunities to work in this industry. 5. Startups Bali’s conducive environment for startups, marked by low living and renting costs, affordable labor, and vibrant co-working spaces, supports the establishment of new ventures. The island’s dynamic atmosphere and relatively low operational costs make it an ideal place for startups, allowing for a seamless blend of work and pleasure for Diaspora Visa holders. READ MORE:Visa For Diaspora Indonesia: A Gateway To Returning HomeThe Ultimate Guide To Property Investment In BaliStart Your Digital Agency In Bali Guide to Doing Business in Bali & Lombok Mailchimp Free eBook Bali & Lombok Full NameEmail I have read InCorp's Privacy Policy and agree to InCorp using my information provided to contact me about related content, and services.*Download Start Investing in Bali Bali’s enchanting charm extends beyond its idyllic beaches and vibrant culture. Nestled within this tropical paradise lies a burgeoning entrepreneurial ecosystem fueled by a thriving tourism industry and diverse economic opportunities. The Diaspora Visa is your key to unlocking this dynamic landscape, empowering you to transform your business vision into a thriving reality. Should you delve into Bali’s business-friendly environment, InCorp Indonesia provides services for Diaspora Visas and company registration. Contact us today to explore how your Diaspora Visa can unlock Bali’s unparalleled potential and propel your business journey to new heights. USD 1,039,670 Jimbaran Real Estate Investment: 4 Bedrooms Luxury Villa Residence DA156 jimbaran USD 94,000 UNDER THE MARKET: 2 Bedroom in Canggu for 20 Years Lease DA62 canggu USD 12,350 Batu Belig Shop Space for Annual Rent DACS219 batubelig Read Full Bio David Susandi Branch Manager – Bali Office at InCorp Indonesia Holding 11 years of experience in various roles, including project manager, operational manager, and corporate strategist, David Susandi is a prominent figure for many entrepreneurial organizations expanding in Indonesia.