Free Bali and Jakarta Real Estate Investment and Retirement Seminars
Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from attending one of our two free Real Estate Seminars in Bali this month.
At these seminars PT. B.A.L.I’s Canadian President, Lawrence, a 22 yr. Bali resident, President of 14 yr. old company with 135 staff, married to Azizah, a fully Licenced Notaris will review the most recent real estate laws for Indonesians and Foreigners in detail.
Then they will also provide a full colour audio, visual presentation with many professional charts on the Past, Present, and Future of Bali Real Estate.
Free Seminar Schedule:
Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.
Dates & Times:
Location: Jakarta, Le Meridien Hotel
Dates & Times:
1. Thursday - Nov. 1st. 6:30 PM - 7:45 PM
2.Saturday - Nov. 3rd. 2:00 PM - 3:15 PM
Location: Bali, Emerald Villas, Sanur
Dates & Times:
1. Thursday - Nov. 8th. 6:30 PM - 7:45 PM
2.Saturday - Nov. 10th. 2:00 PM - 3:15 PM
At these seminars you will learn about:
- The Past, Present and Future of Bali, Indonesia, Asian and Australian real estate.
- Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years without leases?
- How to avoid legal problems and make sure a property is safe.
- How to avoid complicated real estate laws affecting Indonesians married to foreigners.
- Why this is the second best time to buy this century.
- Where are the best locations to buy for maximum profits?
- What type of properties will offer the best investment potential of *10% to 20 % per year?
- Discover how you can sell your property fast for the highest prices and lowest commissions on a brand new web site designed after the largest most successful real estate site in America with high tech search features.
- An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount.
- A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools and Restaurant for only $588,000.
- Low cost properties with Luxury Villas starting as low as $158,000 for a three bedroom 650 m² 3 bedroom, 4 bath with private 9 mtr. Pool.
- Ridiculously low priced ocean view building lots starting as low as $25,000 for 500 m².
- Brand new Bali Luxury Reiremnmet Villas starting at $208.00 per mth.
Limited Seating & Free Parking: Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here For a Reservation
Or Email: email@example.com or Tel: Office: 62-361- 284069 For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177
Saturday, 5 May 2018
Asset taxation to increase real estate prices: experts VietNam
MOF plans to impose tax on valuable houses
The Ministry of Finance seeks to impose a tax of up to 0.4 percent a year on houses with construction value of more than VND700 million and cars valued from VND1.5 billion.
Chair of the HCM City Real Estate Association (HoREA) Le Hoang Chau warned that the Ministry of Finance’s tax proposal would have a big impact on the real estate market.
Double taxation would occur as buyers will have to pay the land use right fee and asset tax, which will affect secondary investors, leading to fewer transactions, he said.
According to Tran Khanh Quang, CEO of Viet An Hoa, taxation on properties worth VND700 million ($30,700) and more would affect 95 percent of the HCM City housing market.
The asset taxation would have no immediate impact, but the tax could be seen as a warning about mid- and long-term risks.
The proposed asset tax on properties worth VND700 million and more is expected to increase house prices.
“When the market is affected by unexpected policies, negative reactions may occur,” Quang said. “However, it is still too early to predict what is going to happen.”
Nguyen Quoc Hiep, chair of GP Invest, has suggested that policymakers consider taxation with other kinds of tax, stressing that taxation will have immediate impact on the real estate and construction market, which makes up 11-12 percent of GDP a year.
Many urban residents live off the money earned from leasing, so they will have to reconsider their investment plans.
Hiep said that enterprises and individuals have to pay tax on income from their assets. Enterprises have to pay corporate income tax of 20 percent, while personal income tax rates are between 5 percent and 35 percent, the same as tax rates in developed countries.
If the state taxes real estate assets, businesses and individuals will have to bear too many kinds of tax.
“It is necessary to thoroughly consider the tax rates to be sure that taxation won’t affect the market and the source of state collections from real estate,” he said.
Meanwhile, director of Thinh Vuong Cooperation Investment JSC Le Ngoc Quynh thinks the taxation won’t have a big impact on the market in the immediate time because the proposed rates are not high.
The proposed asset tax law will not be on the agenda of the lawmaking National Assembly any sooner than 2020, according to the National Assembly Secretary General general secretary Nguyen Hanh Phuc.
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