The news of the opening of Immigration Checkpoints (TPI) for several airports and seaports in Indonesia for foreigners has attracted foreign arrivals from various parts of the world, especially after the implementation of Free Tourist Visa (BVK) and Visa On Arrival (VOA). However, there are some foreigners who come to Indonesia using a Limited Stay Visa (Vitas). The Vitas users are required to report to the immigration office and convert their Vitas into a Limited Stay Permit (ITAS) a maximum of 30 days from arrival.The Sub-Coordinator of Public Relations of the Directorate General of Immigration, Achmad Nur Saleh, explained that based on Government Regulation Number 48 of 2021, the application for a Limited Stay Permit must be submitted within 30 (thirty) days after the entry sign is given. “This regulation is especially emphasized on foreigners who enter Indonesian territory using Vitas. According to public understanding, Vitas have a longer validity period, so there is no need to immediately go to the Immigration office. However, according to PP 48 of 2021, foreigners who enter Indonesia using Vitas are required to report to the Immigration office and convert them to ITAS no later than 30 days after arrival, "said Achmad.Meanwhile, a Visit Visa indexed B211 A is also valid as a visit stay permit. Foreigners who use this type of visa only need to come to the immigration office if they want to extend their residence permit."In addition, in PP No. 31 of 2013 Article 143 Paragraph (2) states, if a Limited Stay Permit is not submitted within the specified period, then a fee will be charged in accordance with the provisions of the legislation," he added.Therefore, Achmad urges foreigners and their guarantors to be aware and remember to take care of reporting and converting Vitas to ITAS. Limited Stay Permit is issued within 4 (four) working days after the foreigner reports and applies for a residence permit.  Source : https://www.imigrasi.go.id/id/2022/04/14/wna-yang-masuk-indonesia-dengan-vitas-wajib-konversi-ke-itas-sebelum-30-hari/

Jakarta - Bali will host the G20 Summit or Summit on 30-31 October 2022. This month, Bali is also hosting a world-class event, namely an international parliamentary meeting.Member of the DPR's Inter-Parliamentary Cooperation Agency or BKSAP, Kamrussamad said that the implementation of the 144th Inter-Parliamentary Union (IPU) congress in Bali was a momentum to boost tourism. "Bali Island is one of the most visited tourist destinations by people from various parts of the world," said Kamrussamad in Jakarta, Saturday, March 12, 2022.The choice of Indonesia, especially Bali as the venue for this year's IPU, according to him, also reflects Indonesia's success in controlling the Covid-19 pandemic. During the implementation of the G20 Presidency, Kamrussamad continued, the government can prove the implementation of health protocols and carry out vaccinations to the maximum. Source : https://travel.tempo.co/read/1570342/bukan-hanya-ktt-g20-bali-juga-tuan-rumah-acara-parlemen-internasional

Bali has seen great growth in property prices in the past decade, mainly thanks to increasingly more tourists and foreign property buyers.The property market slowed down in 2017, but overall, the growth remained above the national average level. More than 30,000 expats live in Bali and with most people investing in beach-side luxury villas.As a result, prices are higher compared to other places in Indonesia as the market mostly caters to the high-end segment, where people tend to focus on luxury villas.The prices of luxury villas have almost doubled from 2013 to 2018. In some cases, prices even tripled, based on location and the distance to popular beaches.Bali’s property market is expected to perform well in the future, thanks to the increased threshold before the luxury property tax of 20% kicks in (from around USD 1.4 million to USD 2.1 billion) and future economic growth.How was the market affected by the COVID-19 pandemic in 2020?According to local experts, freehold prices have decreased by as much as 25% in places like Bali during the pandemic.In Jakarta, on the other hand, the sales for landed houses have decreased by around 20% compared to the second half of 2019. With tougher lending policies implemented by the government, we have also seen a reduced demand.It doesn’t come as a surprise that the government now comes up with new initiatives to relax ownership regulations to boost foreign investments.But there’s also light in the tunnel, as they say. Cushman & Wakefield mentions that we see an increased interest in new tourist destinations, including Lombok, Labuan Bajo, and even Raja Ampat in Papua.The demand for Indonesian real estate will undoubtedly increase if the government can manage to make it easier for foreigners to buy, hold, and sell real estate in the country.