I have bought a 25 year lease with an option to renew for another 25 years. I am building some villas for commercial rental and am over 55 years. Can members please advise what would be the most suitable visa. I travel to Bali three times a year
If you wish to be completely legal with all the financially negative implications that that brings with it then you should be going for a business visa linked possibly to your PMA company that owns the villa development.
All other visa options will not allow you to (legally) run your business and upon discovery of your infringement by the police/immigration authorities this will result in you being subject to the full force of the law - possible jail time, a fine and then ejection from Indonesia never to darken its doors again.
BUTT (and I'm told it's a big one) if you don't have anything to do with the rental of your properties and don't officially profit from it in any way then go with a VOA visa on arrival - good for 2 times 30 days or if you need a little longer try the Social visa.
Welcome to the forum and tell us a little about yourself and your project(s).
one person can hold a least for 50 years at the most but then a lease can be inherited so another family member can hold the lease for another 50 years