More 6 million international tourists and 7 million domestic tourists travel to Bali every year. Ignoring the shocking effects of the pandemic for a minute, this has created a thriving tourism industry that has grown steadily since the 90’s, now accounting for about 80% of the island’s economy.
In addition to tourism, a more flexible global workforce has resulted in many location-agnostic workers with high net worths re-locating to Bali. As the island’s expat community continues to grow rapidly, real estate transactions in the luxury segment follow suit, with an increasing share of foreign investment in the past several years.
With favorable local laws and regulations for investors, Bali’s property sector is a fantastic investment option for both business and personal purposes.