Retire in Bali -Essential tips know before moving to Bali

Bali is more than just a vacation destination—it’s a dream location for many expats, retirees for a new life. With its rich cultural heritage, stunning beaches, and affordable cost of living, Bali offers a unique blend of tradition and modern convenience.

Is Moving to Bali a Good Idea?

Moving to Bali can be an excellent decision, depending on your lifestyle and expectations. The island offers an affordable cost of living, relaxed pace of life and breathtaking scenery. Compared to many Western countries, Bali provides a high quality of life without high expenses.

However, challenges such as Retirement Visa Bali Requirement, infrastructure limitations, and cultural differences should be considered.

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Visa for Retiring in Bali

Working out the visa situation for your retirement in Bali is probably one of the most important parts of the whole shebang. A lot of people do move to Bali on visas that are not intended for long stays – we do not recommend this, obviously.

Tourists are able to secure a visa on arrival. It’ll give you 30 days for vacationing on the island, and can be extended to 60 days. Defo not enough time for retirement!

Luckily, there is a specific Bali retirement visa available! The requirements for this visa are:

Age: - You must be 55 years of age or over

Work: - You must have no plan to work in Indonesia.

Life & Health Insurance: The insurance provider can be a company of your choice but must provide cover in Indonesia

Home:- You must have at least a 1-year lease agreement

Maid/Helper:- You must hire two domestic helpers (maid, gardener, pool attendant)

Funds:-You must give evidence that you can support yourself with either a bank statement showing over US$36,000 in the account or proof of other support payments equalling this such as investment or pension.

Essential Documents for visa retirement indonesia

• A copy of your valid passport – the passport should have at least 18 months validity.

• A letter stating that you intend to employ domestic help.

• You need to prove your lease with a copy of your signed contract agreement which clearly shows the amount you leased the unit for and the owner’s details.

• A copy of your health and life insurance policies. This is to ensure that you will not become incumbent on the state in the future and are able to care for yourself.

• Copy of your bank account statement or proof that you are receiving a regular dividend from you investment or pension or any other documentation that proves you have enough funds to support yourself.

Cost of Living in Bali

In general, the cost of living in Bali is much cheaper than in many Western nations. If you don’t have a huge pension or savings to fall back on, you can still enjoy a good life in Bali.

Obviously the cost of living in Bali as a retiree will vary. It’ll depend on your lifestyle – living in luxury in high-end accommodation and enjoying burgers, poke bowls and salads all the time, compared to affordable local home living with locally sourced groceries and warung meals.

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Where to Stay When Retiring in Bali

There’s a huge list of potential beautiful spots to base you when retiring in Bali.

Sanur: Sanur is one of the most popular areas in Bali for retirees. A laid back spot with much less traffic and general tourist hustle and bustle, you can cycle the board walk, spend days on the perfect white sand and dine in a selection of Western restaurants or local warungs.

Seminyak: Living in Seminyak during your retirement in Bali will ensure amazing food options, lots of shopping and action, plenty of events and the never ending flow of tourists.

Umalas: Umalas is a more residential area that is slowly building up to have a nice collection of quaint cafes and restaurants. On the edge of Seminyak and Canggu, you can have easy access to the top towns while still having a touch of regular, daily life.

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Conclusion:- Bali Insight Living will assist you with your Retirement Planning in Bali. Bali offers a unique opportunity to enjoy a tropical lifestyle in one of the world’s most beautiful islands.