Bali Expat Forum - Bali Travel Forum

Interesting developments in the Goa/Indian Expat property market:

link see below

It's worth remembering that whatever the situation is today, tomorrow, at least in a legal sense, can be a completely different card game.

It would appear that many Goan expats will be looking to their lawyers and pocket books.

This is the original article from 2 years ago. I think it illustrates how things can develop

link see below

Sorry Markit, there is a little bug on the forum, which shortens / ruins the links after you have reviewed your post.

Please repost the links without previewing your post... thnks

The original article:

http://www.telegraph.co.uk/property/mai ... xml&page=1

What has happened so far:

http://timesofindia.indiatimes.com/Goa/ ... 091578.cms

Given "current developments" I guess there is little point in responding to this post. Anyone up to mailing Markit a map of Asia and SE Asia?

Roy

I think the post may have been in relation to recent discussions on the forum re planning consents and 'don't get comfy in Indonesia'...

You're probably right Jose.

Come to think of it though, it’s probably impossible to find anywhere in the world where zoning and planning regulations are not circumvented, or building codes often purposely side stepped in order to get a project completed.

Indonesia, Bali in particular, is no exception....so what? (an open question not directed at you personally)

Imagine for a second though what Bali would really look like today if in the past there hadn’t been some very strict regulations employed at the provincial, regency, or village level? Or, can you say...Myrtle Beach, Hawaii, Macau, Miami Beach, Atlantic City....etc. etc?

I thought it was an interesting post with relevance to past discussions that have taken place on this forum - past discussions that have attracted fierce dabate mind you.

Ct

I can’t see what was so interesting about it. The article is about something going on in Goa, India...far removed from Bali in more ways than one. Enforcing real estate laws that are presently "on the books" is something that should be normal and every day.

Of far more interest to me, and much closer to home, I found the new proposed legislation in Malaysia, where foreigners will be required to pay the full market price for petrol at the pumps, as opposed to the subsidized price, to really raise my eyebrow. How that could possibly be enforced is beyond me to comprehend.

well i agree the malaysia thing is both interesting and perplexing.. but i think the goa thing had some relevance as the 'buyer' composition is similar to that of bali and the rhetoric and opposition voiced to foreigners controlling land was familiar..

anyhow, i guess in malaysia every time you gas up, the guy at the pump is going to ask to see your local id card.. it is 'proposed' only and i'm sure there are many in gov't raising their eyebrows at it too..

ct

Roy wrote:I can’t see what was so interesting about it. The article is about something going on in Goa, India...far removed from Bali in more ways than one. Enforcing real estate laws that are presently "on the books" is something that should be normal and every day.

Of far more interest to me, and much closer to home, I found the new proposed legislation in Malaysia, where foreigners will be required to pay the full market price for petrol at the pumps, as opposed to the subsidized price, to really raise my eyebrow. How that could possibly be enforced is beyond me to comprehend.

I wonder about that too and speculated that perhaps in a similar way to how they tried to control the sale of petrol in lombok when supplies are short. For a while there, only registered persons could buy fuel in a jerry can. Registration was through the Kepala Desa, and had to be for some legitimate purpose. This was an attempt to stop the great long queues of people buying fuel in containers for resale at a higher price to those who couldn't be bothered waiting 5 hours to fill up the motor bike.

So perhaps to fill up you will have to show a registration for the vehicle which will identify whether the vehicle is owned by a national or foreigner?

Interesting to watch the developments there as I'm sure Indonesia's government is also watching.

Interesting to watch the developments there as I'm sure Indonesia's government is also watching.

It'd be one of a very few things they're watching, besides daily re-runs of Dangdut Mania.



Ct

BaliLife wrote:

Interesting to watch the developments there as I'm sure Indonesia's government is also watching.

It'd be one of a very few things they're watching, besides daily re-runs of Dangdut Mania.



Ct

So cynical CT