{"id":110605,"date":"2019-09-10T06:00:10","date_gmt":"2019-09-09T23:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bali-beckons-as-indonesia-makes-it-cheaper-for-overseas-investors-to-buy-expensive-houses-by-raising-luxury-tax-threshold\/"},"modified":"2019-09-10T07:04:23","modified_gmt":"2019-09-10T00:04:23","slug":"bali-beckons-as-indonesia-makes-it-cheaper-for-overseas-investors-to-buy-expensive-houses-by-raising-luxury-tax-threshold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bali-beckons-as-indonesia-makes-it-cheaper-for-overseas-investors-to-buy-expensive-houses-by-raising-luxury-tax-threshold\/","title":{"rendered":"Bali beckons as Indonesia makes it cheaper for overseas investors to buy expensive houses by raising luxury tax threshold"},"content":{"rendered":"


\nBali, Indonesia\u2019s top tourist destination, is poised to attract overseas buyers after the government recently raised the threshold on luxury tax, according to analysts. In June, the administration of President Joko Widodo announced that the limit for luxury tax of 20 per cent for houses and flats would be increased to 30 billion rupiah (US$1.4 million) from 20 billion rupiah, effectively excluding many transactions in the high-end property market. Jakarta already allows foreigners to own\u2026
\n
\nSource : South China Morning Post
\nRead more…Bali beckons as Indonesia makes it cheaper for overseas investors to buy expensive houses by raising luxury tax threshold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bali, Indonesia\u2019s top tourist destination, is poised to attract overseas buyers after the government recently...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110605","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sLX","jetpack-related-posts":[{"id":24274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indonesia-to-develop-10-bali-like-destinations-to-attract-chinese-investors\/","url_meta":{"origin":110605,"position":0},"title":"Indonesia to develop 10 \u201cBali-like destinations\u201d to attract Chinese investors","date":"August 29, 2016","format":false,"excerpt":"\r Indonesia sets out to lure Chinese investors with new resorts and relaxed restrictions Bali is Indonesia\u2019s No. 1 tourism destination. Khoroshunova Olga\/Shutterstock Plans have been unveiled in Indonesia to create 10 new major tourist destinations, with the hope of attracting increased tourism and investment from China, reports the Global\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-new-year-has-in-store-for-indonesias-key-hotel-markets\/","url_meta":{"origin":110605,"position":1},"title":"What the new year has in store for Indonesia\u2019s key hotel markets","date":"January 5, 2016","format":false,"excerpt":"\r Bali and Lombok have reportedly struggled with occupancy rates\u00a0in the last 12 months Long considered as\u00a0one of Southeast Asia\u2019s\u00a0most treasured tourist destinations, Bali over the years has attracted local, regional and international visitors to its beautiful shores and well-developed infrastructure. Lombok has recently joined the party as an alternative\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/bali-and-lombok-hotel-market-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":841,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-2016-holds-for-indonesias-key-hotel-markets\/","url_meta":{"origin":110605,"position":2},"title":"What 2016 holds for Indonesia\u2019s key hotel markets","date":"January 5, 2016","format":false,"excerpt":"\r Bali and Lombok have struggled with occupancy rates\u00a0in the last 12 months Long considered as\u00a0one of Southeast Asia\u2019s\u00a0most treasured tourist destinations, Bali over the years has attracted local, regional and international visitors to its beautiful shores and well-developed infrastructure. Lombok has recently joined the party as an alternative Indonesian\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/bali-and-lombok-hotel-market-1024x768-1.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":22588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-expats-still-not-buying-indonesian-property\/","url_meta":{"origin":110605,"position":3},"title":"Why are expats still not buying Indonesian property?","date":"August 11, 2016","format":false,"excerpt":"\r Few takers for Indonesian real estate despite loosened regulations on foreign ownership The Jakarta skyline. Image credit: Muhammad Rasyid Prabowo The Indonesian government\u2019s intense courting of foreign property buyers seems relatively fruitless. Despite President Joko Widodo\u2019s announcement last year that Indonesia would allow expatriates to buy a landed house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-driving-tourists-and-investors-away-from-bali-and-into-the-gili-islands\/","url_meta":{"origin":110605,"position":4},"title":"What\u2019s driving tourists and investors away from Bali and into the Gili Islands","date":"October 10, 2016","format":false,"excerpt":"\r Luxury villa projects springing up in Gili Meno Gili Meno, Indonesia. soft_light\/Shutterstock Growing urbanisation in Bali may have driven more and more beach frolickers from Bali toward the more laidback idylls of the nearby Gili Islands. The trio of islands named Gili Trawangan, Gili Meno and Gili Air hosted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-indonesians-buying-luxury-singapore-real-estate\/","url_meta":{"origin":110605,"position":5},"title":"More Indonesians buying luxury Singapore real estate","date":"September 14, 2016","format":false,"excerpt":"\r Indonesians have already bought 30 properties in Singapore valued at USD5 million or more this year, up from just eight for the whole of 2015, data shows Singapore skyline. beboy\/Shutterstock The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year\u2019s total, reported Bloomberg.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110605"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110605"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110605\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}