In this article, we’ll explain how you can save money and start earning income in a stable currency that’s not dependent on the dollar exchange rate.
Investing in real estate abroad, and especially in Bali, is one of the most reliable ways to preserve your capital. This island boasts high returns, starting at 12% annually, a steadily growing economy, and a year-round flow of tourists.
Why Bali is one of the safest havens for your capital
Bali is a province of Indonesia. The country is actively developing and is showing a strengthening of the national currency against the dollar. Inflation in April 2024 was only 1.28%, and GDP is growing steadily.
Development companies forecast average returns higher than those from real estate investments in other countries, starting at 12% per annum in dollars.
According to CEOworld, Indonesia is among the top 5 countries in the world for investment in 2024. Its advantages include rapid economic growth, a rapidly growing population, a vibrant tourism industry, and abundant natural resources. At the same time, the country’s authorities are creating conditions for attracting foreign investment and developing the country’s infrastructure.
Inflation is low here: currently about 3% per year.
Inflation rate in Indonesia over the past 5 years according to Trading Economics.
GDP growth rates are stable: approximately 5% per year.
Indonesia’s annual GDP growth over the past 14 years, according to Trading Economics
Major international players are investing in Indonesia. Apple CEO Tim Cook announced that the company would consider manufacturing in the country. This could contribute to its economic development.
Major chipmaker NVIDIA will build an AI center in the country. And Paramount Pictures is building the largest theme park in Southeast Asia.
Today, real estate in Bali is the most profitable investment
Based on forecasts from reputable publications and the country’s economic growth, real estate prices in Bali will increase by at least 60% in just three years.
This is related to:
- growth prospects for the country as a whole;
- tourist flow – in the first quarter of 2024 alone, Bali was visited by 1,344,541 tourists;
- limited amount of land on which to build objects;
- in high demand among large investors who are building individual microdistricts here.
Good News for Bali Market Investors
Two Russian airlines have announced plans to launch direct flights to Bali, according to Nikita Kondratyev, Director of the Department of Multilateral Economic Cooperation and Special Projects at the Russian Ministry of Economic Development.
Indonesia has launched the Starlink satellite internet service, Investment Minister Luhut announced. Elon Musk, the founder of Starlink, believes that the development of high-speed internet could have a significant impact on the country’s economy.
Southeast Asia’s most anticipated shopping mall, ICON Mall, has opened in Sanur, becoming a new tourist attraction.
PS: We’re also building the first ultra-luxury apartment complex, Magnum Resort Sanur, in the same area. Residents will have access to 8,000 square meters of premium amenities and a private yacht.
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