Bali Property Value to Grow by %10 2015

Markit

And ownership laws to "relax" hmmmm. Won't hold my breath... Indonesia property market lures growing Gulf attention

davita

And ownership laws to "relax" hmmmm. Won't hold my breath... Indonesia property market lures growing Gulf attention

Is it possible the same guy that said Indonesia property ownership laws are relaxing for foreigners is the same guy that reported Indonesia will give free VOA to Australians and four other nations...on 1 Jan 2015?

Markit

davita wroteIs it possible the same guy that said Indonesia property ownership laws are relaxing for foreigners is the same guy that reported Indonesia will give free VOA to Australians and four other nations...on 1 Jan 2015?

Not being amongst the "blessed few" that will (possibly) benefit from the visa freedom has anyone heard why this in fact did not happen as promised and planned? How embarrassing Indonesia...

davita

Jakarta Post today reports that the Visa Free for Australians will not happen. The plan is to go ahead with VOA free for the other 4 nations. No reason was given except a 'high-ranking" official said "For Australians the visa on arrival is enough. Giving free visas to Australians may bring more detriment than benefit. Besides, Bali would still be their favourite destination anyway. I don't think a VOA for US$35 would be a burden for any Australian tourist." The same news reveals Indonesia attracted 8.8M tourists in 2013 while Malaysia had 25+M and Thailand 26+M. Neither of those neighboring countries charge for VOA and normally it's for 30 days...except for some nationalities. Indonesia plans to attract 20M tourists by 2019.....way to go RI!

davita

Markit wroteHow embarrassing Indonesia...

Remember when they were supposed to knock a few zero's off the RUPIAH?:icon_redface: With the latest debacle between Police and KPK (fuelled by politicians) I'm sure all other issues of good governance are on the back burner. I'd hate to be on death row where sycophanting the public seems the only way to divert media attention from the real problems. I predict if this conflict isn't resolved soon and people in Jakarta take to the streets, Markit's previous post of the Rp value being more than 15,000 to USD may be near, as the foreign direct investors (FDI) flee. Strangely, the Jakarta Stock Index peaked to an all time high today...I wonder who was stoking the bids...and why. If this conflict continues I'll be interested to see the index next week. IMO this is a critical moment for RI's future. I'm keeping my passport real close and handy.

Smoke

RI Drops Oz From Visa-free Policy - Kontan Online

matsaleh

Markit wroteNot being amongst the "blessed few" that will (possibly) benefit from the visa freedom has anyone heard why this in fact did not happen as promised and planned? How embarrassing Indonesia...

This from Balidiscovery.com

[B][SIZE=3]His Lips Were Moving [SIZE=2]Minister of Tourism Promise of Free Visas for Five New Countries Fails to Materialize on January 1, 2015[/SIZE][/SIZE][/B] [I](1/11/2015)[/I] Promises issued by Indonesia’s new [I]Minister of Tourism[/I] promising visas free on arrival starting in January 2015 for the citizens of 5 countries –China, Russia, Australia, South Korea and Japan has failed to materialize, calling into question the veracity and bureaucratic prowess of the new man in charge of National Tourism. As reported on [I]Balidiscovery.com[/I] Removing Obstacles to Tourism Growth , the minister made the pronouncement on free visas on November 5, 2014, insisting the step was needed to meet official goals for increased tourist flows and assuring that inter-agency agreement was in hand to allow the plan to go ahead. Tourist from the five countries, however, arriving at Bali’s airport since January 1, 2015 have been met with shrugs of indifference from immigration officials telling tourists they had received no official notification of any change inexisting visa policy that would allow them to extend visa-free status as announced by the [I]Tourism Minister.[/I] In response to many complaints from travel agents and travelers, the [I]Director General of Immigratio[/I]n in Jakarta issued a statement on January 5, 2015, announcing that [I]Presidential Instruction Number 43 of 2011 on visa policy [/I]remains unchanged and only 15 countries are eligible for “visa-free” status, namely: Thailand, Malaysia, Singapore, Brunei Darussalam, the Philippines, Hong Kong, Macau, Chili, Morocco, Peru, Vietnam, Ecuador, Laos, Cambodia and Myanmar While admitting there had been “suggestions” for the widening of the “visa-free” status to include the five additional countries, immigration authorities insist no new official order has been issued that would allow them to change the existing visa policy in effect at the end of 2014.

Bali News: His Lips Were Moving

davita

Adam wroteBali property prices rise 10%. Meanwhile the rupiah devalues 20%. Hooray, idiots. Meanwhile, back at the ranch, some numbsuckle discourages the visitation of the biggest and closest and dumbest cash cows. Who's in charge of this ship of fools?

Why limit an investment strategy to what a simpleton thinks? 1 year ago an Ozzie dollar was more than a US$.... now it's about 80US cents. 1 year ago ago the property market in Florida and Arizona was about 15% lower than today. 1 year ago property in southern China/Singapore was an all time high...today...hard to sell. 1 year ago AU$1 would have bought IDR 10,605...yesterday the same AU$1 only buys Rp 9,875....according to XE currency history. Shale oil in USA and Canada has supported the independance of North Americans to ween off arab oil...at >US$50/barrel they cannot make any money and are bankrupting. Western Australians have been on a hiatus for a decade + due to the lucky fact they dug a hole in the ground and found ore...China needed iron ore for their manufacturing and property expansion...today...not so much! Smart people don't limit themselves to simple thinking and comment....they diversify.

Markit

I suggest that Oz points out to the Indo gov that if they wish to carry on in this silly and childish way with killing Ozzy prisoners and charging Ozzy tourists for the "pleasure" of coming here that Oz would simply issue a travel stop for its citizens. The Oz gov would no longer be able to support or offer services for its citizens to travel to this poor, confused country.

Adam

Bali property prices rise 10%. Meanwhile the rupiah devalues 20%. Hooray, idiots. Meanwhile, back at the ranch, some numbsuckle discourages the visitation of the biggest and closest and dumbest cash cows. Who's in charge of this ship of fools?