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woody54

woody54

Member

Australian looking for information about Indonesia

Forum posts

22

About me

Australian

Lives in CANNGU

Registration: 14 December 2015

woody54
woody54 replied to a thread
7 years ago
woody54

Investing money in term deposits in local banks . by woody54

I have read that current interest rates in Indonesian banks is any where between %7 - %10 . On a Kitas Visa can I invest my money or is it just for Indonesian residents . Plus what rate does your return get taxed say in I invested $100.000 AUD to ...

woody54

Thanks Fred again for your advice and insight . To live on 10 million rp for a family 4 gives me a great guide to what I can afford and what standard of living I can have . I will be just living by myself and maybe my girlfriend will join me ? I ... Read More

woody54
woody54 replied to a thread
7 years ago
woody54

Investing money in term deposits in local banks . by woody54

I have read that current interest rates in Indonesian banks is any where between %7 - %10 . On a Kitas Visa can I invest my money or is it just for Indonesian residents . Plus what rate does your return get taxed say in I invested $100.000 AUD to ...

woody54

Thanks Fred for your help . As well as $100,000 cash in term deposits I will have $20,000 AUD per year on a rental property in Australia and I have found a great Villa in Canggu with a 25 year leasehold I will pay cash for . Then in ten years my ... Read More

woody54
woody54 created a thread
7 years ago

Investing money in term deposits in local banks .

I have read that current interest rates in Indonesian banks is any where between %7 - %10 . On a Kitas Visa can I invest my money or is it just for Indonesian residents . Plus what rate does your return get taxed say in I invested $100.000 AUD to ... Read More

woody54
woody54 replied to a thread
8 years ago

Looking to retire in Bali

Thanks for your insight and help Petermet . Geoff. Read More

woody54
woody54 replied to a thread
8 years ago

Looking to retire in Bali

Hi I am a single man and 57 years old and I love surfing . I am seriously want to live in Bali . I will have about $700,000 AUD in funds after I sell my house . Is that enough money to live well and live in a nice villa with a pool . Thanks Geoff. Read More

woody54
woody54 replied to a thread
8 years ago
woody54

Villas by woody54

Hi I am moving to Bali soon to get a Kitas visa . I am also looking for a villa to by a leasehold . Can any one suggest where is the best place to look for a villa . Like a real estate agent or a online site . Thanks Geoff

woody54

Yes Fred it was priced in Rupiah . But I still get confused converting money to AUD dollars . Read More

woody54
woody54 replied to a thread
8 years ago
woody54

Villas by woody54

Hi I am moving to Bali soon to get a Kitas visa . I am also looking for a villa to by a leasehold . Can any one suggest where is the best place to look for a villa . Like a real estate agent or a online site . Thanks Geoff

woody54

Hi Fred thanks for your advice . I had never thought about living in a house in Bali because I thought it would be to costly . I thought a villa would suit me better because I am single and I just want to relax and go surfing . I was in Bali in ... Read More

woody54
woody54 replied to a thread
8 years ago
woody54

Villas by woody54

Hi I am moving to Bali soon to get a Kitas visa . I am also looking for a villa to by a leasehold . Can any one suggest where is the best place to look for a villa . Like a real estate agent or a online site . Thanks Geoff

woody54

Hi Ubudian thanks for your reply . I was in Bali in October and I liked a villa in Seminyac for $210 K AUD with a 21 year leasehold . It was beautiful it had a pool but there was some defects in the building . It was just a few hundred metres from ... Read More

woody54
woody54 created a thread
8 years ago

Villas

Hi I am moving to Bali soon to get a Kitas visa . I am also looking for a villa to by a leasehold . Can any one suggest where is the best place to look for a villa . Like a real estate agent or a online site . Thanks Geoff Read More

woody54
woody54 replied to a thread
8 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Thanks Fred . Have a good day . Geoff Read More

woody54
woody54 replied to a thread
8 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Hi what is a Juta ? Read More

woody54
woody54 replied to a thread
8 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Hi Fred thanks for your advice it is much appreciated . Just one more question Fred on term deposits with Bali banks . Is there a tax rate they I have to pay on interest I will receive on my term deposits . Thanks and have a good weekend . Geoff . Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Hi Fred thanks for your advice . I really appreciate it very much . Yes it is a big step for me and thank you for the encouragement . Here some friends support my choice and some family and friends can,t understand my choice to move to Bali . But ... Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Hi I am retiring to Bali with a Kitas visa as I am 56 . I have heard that Bali Banks term deposits have much better returns than here in Australia . My question is will I be allowed to invest money in term deposits being on a Kitas visa and also is ... Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Thanks Fred I have thought about just getting a 1 year lease . But at the moment I am just over living Western life style . I have had enough of Australia with stress and all the garbage that is going on . What ever happens I will always own some ... Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Thanks Fred for your advice on this subject . I had read some where it was law that I cannot own any land or property and I have no intention of investing money this way . I am moving to Bali for a no stress life style not to make money . Been ... Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Thanks Fred for the information you have given it is much appreciated . I see you have a Family to provide for which would cost much more than me being a single man . I am selling my house in Australia and down sizing so I was budgeting for 20 ... Read More

woody54
woody54 replied to a thread
9 years ago
stro11er

Seriously looking to retire to Bali by stro11er

Hi All New to this site and seriously looking at Bali for the perfect place to retire. If I was to move to Bali now I would have a monthly income of around 11,500,000 IDR. Would this be enough to live on in Bali. Not looking for anything fancy ...

woody54

Hi I am planning to buy a leasehold for 25 years on a villa in Canggu . I am a surfer that is why I am moving there . I am 56 years old single guy so I will apply for a Kitas visa to retire in Bali . Can anyone give me some advice on monthly living ... Read More

woody54
woody54 replied to a thread
9 years ago
Priscilla

Property prices in Indonesia by Priscilla

Hello everyone, Finding affordable housing in Indonesia is number one priority for newcomers. Tell us more about the estate market in your district/city/region. What are the most desired places to live? What are the most affordable ones? What ...

woody54

Hi Fred thanks for the information it was very interesting reading .As I am thinking of buying a leasehold for 25 years at Canngu or nearby because I surf . I am 55 years old so I will apply for a Kitas Visa I think . I was looking at places ... Read More

woody54
woody54 replied to a thread
9 years ago
woody54

Banking in Bali by woody54

Hi I am moving to Bali next year and buying a leasehold villa . My question is I have seen the interest rates are higher than here in Australia . I am buying a rental property in Australia for a source of income and applying for a Kitas Visa to ...

woody54

Hi Hansson thanks very much for your advice . I will look into these banks for short term deposits . Cheers Geoff . :cheers: Read More

woody54
woody54 created a thread
9 years ago

Banking in Bali

Hi I am moving to Bali next year and buying a leasehold villa . My question is I have seen the interest rates are higher than here in Australia . I am buying a rental property in Australia for a source of income and applying for a Kitas Visa to ... Read More

woody54
woody54 joined Indonesia expat community
10 years ago