Let's start with the fact that it is almost impossible to compare the island of Bali in Indonesia and the Republic of Turkey for moving to permanent residence. Primarily due to significant differences in the level of economic development, living conditions and purchase of real estate by foreigners and other key parameters.
Bali or Türkiye — what to choose for relocation? In our article we take a detailed look at the prospects of these popular areas.
Content of the article:
- Pros and cons of both countries
- Features of life for foreigners
- Where is the best place to buy real estate?
Pros and cons of both countries
If you want to figure out what is better — Bali or Türkiye for relocation; general information about the resorts is not enough. There are different characteristics to consider.
So, considering pros and cons of living in Turkey, the first thing foreigners mention — it's the climate. Turkish resorts are characterized by favorable climatic conditions, long sunny summers and long warm winters. Bali has high air humidity, which significantly worsens the heat. Every year the island experiences a long rainy season.
Türkiye — a large state, distinguished not only by a unique strategically advantageous location, but also by a powerful economy, developed social infrastructure, excellent conditions for quality recreation, profitable investments and relocation. There are resorts for every taste and budget: atmospheric Alanya, Antalya and Istanbul, luxurious Kas and Bodrum, affordable Kemer and Side and many other amazing places. The housing market offers a huge selection of high-quality liquid real estate. Despite the increasingly complicated political situation, migration waves and inflation, the country is attracting an increasing number of investors and tourists.
Bali — one of the most popular holiday destinations among foreigners. The island is considered a provincial and purely tourist agricultural region of Indonesia. Indonesia — a third world country, which, of course, does not have the best effect on living conditions and living standards. And while in most of the developed central and resort provinces of Turkey life is truly calm and safe, in Bali corruption flourishes everywhere, and a high level of crime and violations of the law are recorded. In addition, tourists complain about dirt and garbage on the streets, poor beaches, lack of public transport, and high prices in restaurants.
On the other hand, the island of Bali — this is a huge selection of exotic fruits, stunning nature, tourist entertainment, interesting sights, the opportunity to buy or rent different housing options.
Features of life for foreigners
Where does adaptation take place better? in Turkey or Bali? Of course, this depends on the conditions of stay and the rights of foreigners on the territory of both states.
When traveling to Bali, a visa is issued upon arrival. The document allows you to stay in the country for 30 days with a one-time right to extend for another 30 days.
Residents of the former CIS countries, under the terms of a visa-free regime, can visit the Republic of Turkey without any difficulties for a period of 60-90 days.
Furnished 4+2 villa of 220 m² on a plot of 700 m² with a swimming pool, park, garden and barbecue area, just 1000 meters from the sea.
4+2
220 m²
8849
Furnished 2+1 apartment of 115 m² in a complex with a swimming pool and sea view, 650 meters from the beach and 300 meters from the center of Tosmur.
2+1
115 m²
8848
Spacious garden duplex 3+1 with an area of 190 m² in a new complex of 2022, with the possibility of leaving furniture for an additional fee.
3+1, Duplex
190 m²
8847
Spacious furnished 2+1 apartment of 125 m² with a separate kitchen, just 600 meters from the sea and 300 meters from the center of Nizhnyaya Oba.
2+1
125 m²
8846
Apartment 1+1, 55 m², in a new complex of 2023, 1500 meters from the sea and 1000 meters from the center.
1+1
55 m²
8845
Spacious 2+1 apartment of 125 m² with furniture, just 150 meters from the beach and 100 meters from the center of Mahmutlar.
2+1
125 m²
8844
Furnished 2+1 apartment of 115 m² with jacuzzi, in a complex with a swimming pool and tennis court, just 600 meters from the beach.
2+1
115 m²
8843
Elegant 2+1 apartment of 95 m² with sea view in a complex built in 2021, 650 meters from the beach.
2+1
95 m²
8842
Studio 1+0, 37 m², with a balcony and developed infrastructure, just 400 meters from the sea.
1+0
37 m²
8841
Modern 3+1 apartment with three balconies, swimming pools and a fitness center, just 450 meters from the sea.
3+1
150 m²
8840
Spacious 2+1 apartment with sea view, two glazed balconies and developed infrastructure, just 500 meters from the beach.
2+1
100 m²
8839
1+1 apartment with swimming pools, fitness and children's playroom, just 850 meters from the sea.
1+1
55 m²
8838
1+1 apartment with sea view, located only 50 meters from the beach in a premium complex in Kargicak.
1+1
65 m²
8837
Spacious 3+1 villa with panoramic sea view, located in Kargicak, 2300 meters from the beach and 2000 meters from the center.
3+1
146 m²
8836
Spacious 4+1 duplex apartment with breathtaking sea view, located in Demirtas, 700 meters from the beach and 1500 meters from the center. There is a possibility of obtaining a residence permit.
4+1, Penthouse
180 m²
8835
Hotel-type complex with diverse infrastructure
1+1
70 m²
8834
Large-scale “city within a city” complex in the Kargicak district
2+1
110 m²
8833
Villa complex with infrastructure in the Kargicak area
3+1
220 m²
8832
New house in close proximity to the sea coast
2+1
90 m²
8831
1+1 apartment with an area of 55 m² in a new complex of 2024, 1500 meters from the sea and 200 meters from the center of the Demirtas district.
1+1
55 m²
8830
It is possible to find employment in Indonesia, as in Turkey, if you have a work visa. Illegal employment in Bali is possible, but this is fraught with inspections and fines. In Turkey, you can easily get a seasonal job, work remotely, or open your own business. The Turkish government offers a number of tax incentives for foreign businessmen.
Obtaining Indonesian citizenship is quite difficult. You will need not only to renounce your current citizenship, but also to pass exams in history and the Indonesian language, live in the state for 5-10 years, prove financial solvency and meet a number of other conditions.
Turkey has a state citizenship by investment program. Buyers of Turkish real estate can obtain a second passport under an expedited scheme without complex interviews, exams and checks. Everything that is required from an investor — fulfill simple conditions and buy apartments starting at $400,000.
But residents of both countries can open a residence permit. The registration process is started remotely.
Where is the best place to buy real estate?
Purchasing apartments in Turkey or in Bali at an early stage of construction guarantees a profit from resale of about 30 % after putting the LCD into operation. In the Republic of Turkey, many foreigners choose Antalya and Alanya to purchase real estate and move for permanent residence.
In addition, owning liquid property in both countries — This is a stable rental income. The size of dividends directly depends on the wisely chosen location. In Bali, renting out housing brings about 15-20% per annum, in Turkey - about 10-12%. But here it should be taken into account that, unlike Bali, in Turkey there is year-round demand for rentals.
Housing prices
Amid increased interest in Turkish real estate in popular resort towns — Antalya, Alanya, Istanbul — is rapidly rising in price. Developers are building ultra-modern residential complexes with the internal infrastructure of 5* hotels. Minimum price tag for apartments in Turkey — $80,000–100,000. You can buy a villa in one of the Mediterranean resorts at a cost of $400,000 and above.
The cost of a spacious apartment in Bali — from $130,000–170,000. Villas by the sea are available at prices from $300,000 to $900,000.
Terms of purchase
In Bali, foreign citizens do not have the opportunity to purchase real estate under a sales contract. Here a purchase is made on lease for 15–90 years. It is possible to extend the period of use, but after a certain period the apartments will still have to be resold. In Turkey, the investor becomes the full owner of real estate on the basis of TAPU. Property can be transferred by inheritance or as a gift.
One-time property tax in Turkey — 4% of the cadastral value, in Bali — 10% for foreigners with a residence permit and 20% for non-residents.
Developers in both countries offer the purchase of an apartment in installments at the best prices. Turkish developers, as a rule, provide installment payments for the period of construction work. On an Indonesian island, the payment period may be longer.
In Bali, there are real risks of investing money in building a house by an unscrupulous developer and going broke. In Turkey, the construction industry is controlled by the state, unfinished projects and delays in delivery of projects — huge rarity. Developers invest their capital in construction and value their good reputation.
Where is the best place to buy real estate for investment and living — in Turkey or Bali — depends on your goals. And if the Republic of Turkey, in addition to a profitable investment of capital, guarantees comfortable and safe living with far-reaching prospects for the future, we do not recommend considering the Indonesian island as a place to move for permanent residence.
Furnished 4+2 villa of 220 m² on a plot of 700 m² with a swimming pool, park, garden and barbecue area, just 1000 meters from the sea.
4+2
220 m²
8849
Furnished 2+1 apartment of 115 m² in a complex with a swimming pool and sea view, 650 meters from the beach and 300 meters from the center of Tosmur.
2+1
115 m²
8848
Spacious garden duplex 3+1 with an area of 190 m² in a new complex of 2022, with the possibility of leaving furniture for an additional fee.
3+1, Duplex
190 m²
8847
Spacious furnished 2+1 apartment of 125 m² with a separate kitchen, just 600 meters from the sea and 300 meters from the center of Nizhnyaya Oba.
2+1
125 m²
8846
Apartment 1+1, 55 m², in a new complex of 2023, 1500 meters from the sea and 1000 meters from the center.
1+1
55 m²
8845
Spacious 2+1 apartment of 125 m² with furniture, just 150 meters from the beach and 100 meters from the center of Mahmutlar.
2+1
125 m²
8844
Furnished 2+1 apartment of 115 m² with jacuzzi, in a complex with a swimming pool and tennis court, just 600 meters from the beach.
2+1
115 m²
8843
Elegant 2+1 apartment of 95 m² with sea view in a complex built in 2021, 650 meters from the beach.
2+1
95 m²
8842
Studio 1+0, 37 m², with a balcony and developed infrastructure, just 400 meters from the sea.
1+0
37 m²
8841
Modern 3+1 apartment with three balconies, swimming pools and a fitness center, just 450 meters from the sea.
3+1
150 m²
8840
Spacious 2+1 apartment with sea view, two glazed balconies and developed infrastructure, just 500 meters from the beach.
2+1
100 m²
8839
1+1 apartment with swimming pools, fitness and children's playroom, just 850 meters from the sea.
1+1
55 m²
8838
1+1 apartment with sea view, located only 50 meters from the beach in a premium complex in Kargicak.
1+1
65 m²
8837
Spacious 3+1 villa with panoramic sea view, located in Kargicak, 2300 meters from the beach and 2000 meters from the center.
3+1
146 m²
8836
Spacious 4+1 duplex apartment with breathtaking sea view, located in Demirtas, 700 meters from the beach and 1500 meters from the center. There is a possibility of obtaining a residence permit.
4+1, Penthouse
180 m²
8835
Hotel-type complex with diverse infrastructure
1+1
70 m²
8834
Large-scale “city within a city” complex in the Kargicak district
2+1
110 m²
8833
Villa complex with infrastructure in the Kargicak area
3+1
220 m²
8832
New house in close proximity to the sea coast
2+1
90 m²
8831
1+1 apartment with an area of 55 m² in a new complex of 2024, 1500 meters from the sea and 200 meters from the center of the Demirtas district.
1+1
55 m²
8830
These materials have been prepared for informational purposes and are not of a commercial nature.
Point Property — a certified real estate agency that specializes in providing a full range of real estate services for real estate transactions in Turkey.
