So, You Want to Move to Bali?

ronal60pGuest10 May 2015 23:23:03

The replication of business' on Bali is a problem.

Having had almost 40++ years of experience with my own retail business I see so many coming here and doing it all wrong. They usually don't last long as they must either close or attempt to sell, while losing large sums of money.

The most apparent problems are: under capitalization, lack of mangement skills, opening the wrong type of business, lack of cultural awareness, wrong location selection, impatience, and attempting business' they have no background in whatsoever.

These problems hold true both for the Indonesian's and expats as we see similar business' lined up next to each other trying to compete.

B.ark.as New member

Member since 25 February 2017

B.ark.asNew member28 February 2017 15:19:55

#42

Good day All,
After a recent fact finding trip to Bali
We are seriously in discussions to relocate our life. This is of course a gamble but we intend to pick the bones out of every scenario and will go with gut feeling on many decisions( with the back up of professionals)
I'm a highly experienced interior designer with previous projects in Asia and Middle East ; having lived overseas I am personally extremely ok relocating and setting up a design office . We have looked at land to develop for for our own home as well as units for rentals /hospitality ;
My wife being trained in hospitality and service as well as tourism. This Together with our own successful air Band B business in the country we live in now.
Any tips on pitfalls ,potential and opportunities as well as negatives to keep on the radar would be hugely appreciated .
Have a good day all
Del

Digitarius Serial expat

Member since 02 February 2016

DigitariusSerial expat21 August 2023 01:03:12

#43

230

This thread is pretty old. How can it be updated.

Bhavna Team

Member since 01 June 2015

BhavnaTeam21 August 2023 03:39:20

#44

42494

@Digitarius Best is to open a new thread as most of these members are no longer active...

Regards

Bhavna

indostocks Contributor

Member since 27 September 2012

indostocksContributor21 August 2023 04:00:37

#45

148

I guess nobody really wants to open a larger business in Bali. Digital nomads ok.

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Fred Indonesia Expert

Member since 02 August 2009

A smile is the universal welcome.
Max Eastman

FredIndonesia Expert21 August 2023 07:41:26

#46

29816

Where to start?

Visa
Types of work/business you want to work in/are allowed to work in
PT PMA set up costs
Land ownership is not legally possible with some exceptions- You can lease or tent