Expats entrepreneurs in Bali

How Affordable Lifestyle Attracts Expats in Bali

Bali stands out not only for its stunning beaches, culture and landscapes but also for its supportive environment for expats. The island offers a unique combination of an affordable lifestyle, a welcoming community, and a growing market, all of which contribute to a thriving business ecosystem.

 

Let’s see how Bali’s affordable lifestyle can help you achieve your dreams!

How Lifestyle Attracts Expats in Bali

Yes, foreigners can establish a company in Indonesia through a PT PMA. The country allows for foreign ownership and provides legal protection under Indonesian law. However, certain business sectors are restricted or limited to foreign investment, as detailed in the Indonesian Negative Investment List (Daftar Negatif Investasi).

👉🏻 Doing business in Bali can optimize your operational budget.

Launching a new business involves many operational expenses, starting from PMA establishment, choosing an office space or shop location, conducting due diligence, to essential services like tax and accountancy. In Bali, you’ll find that these costs are budget-friendly, especially with Usaha Expat. This allows you to invest wisely in high-quality facilities without overspending.

👉🏻 This island gives you access to skilled talent.

Building a dedicated team is the foundation, and Bali makes this accessible and cost-effective. This island offers a range of skilled talents who can support your vision at a price point that suits your budget.

👉🏻 You’ll find efficiency in daily operations.

Running a business involves managing various daily expenses. The good thing is Bali’s competitive pricing ensures that these operational costs are manageable. With a balanced budget, you can channel more resources into expanding your product offerings, enhancing marketing efforts, or exploring new markets.

 👉🏻 There’s a 5.36% Economic Growth in 2024

While tourism plays a significant role, the technology and startup sector also expands and draws in more expats. Bali’s economy showed impressive growth in the second quarter of 2024. It grew by 5.36% compared to the same period in 2023. This strong performance creates Bali’s economic resilience and provides opportunities for continued growth!

Ready to start your entrepreneurial adventure in Bali?

Bali’s unique blend of affordability and opportunity creates an ideal setting for expats and their businesses. If you are ready to start your entrepreneurial adventure in Bali, Usaha Expat will help you navigate all the business setup processes.

 

Reach out to us today to learn more about how to run a business in Bali!

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