PROHIBITION TIMES & CONCOURS D’ELEGANCE AT FOUR SEASONS HOTEL JAKARTA

JAKARTA – September 2019 – This September, Four Seasons Hotel Jakarta has lined up a series of extravagant event that pay homage to the Prohibition Era of the 1920s. The highlight starts from the hotel’s lobby area where it showcases numerous classic cars to welcome guests, and which culminates in the inaugural Concours d’Elegance. This exquisite event really brings the Prohibition-era aesthetic to life, and continues with various unique dining experience at each of food & beverage outlets throughout the month.

“It is exciting to work for such an amazing project” said Yonatan Kachko, General Manager. “I am very excited to see how the team blends these classic influences with our style of Four Seasons Hospitality and Dining”

Four Seasons Hotel Jakarta presents Concours d’Elegance
Experience the impeccable sights of more than thirty vintage and exclusive automobiles. Join the showcase of rare mint condition cars and witness the Concours d‘Elegance and Classic Car Awards. Enjoy Four Seasons‘ food and beverage offerings and make a delightful weekend out of it. Moreover, take advantage of their Concours d’Elegance staycation package, available on the website.

The event is on 21 and 22 September 2019 and tickets priced at IDR 500,000 net per person and available for purchase at the Hotel Concierge. For more information, please call or WhatsApp +62 21 2277 1888, or download the Four Seasons App on iTunes or Google Play Store and use the #FSChat.

Alto Restaurant & Bar
Mario Libreght Aipassa, Chef de Cuisine of the Hotel’s award winning Italian restaurant has curated a 5-course set menu inspired by the legendary Chicago crime boss, Al Capone. Begin the experience with the Red Chicago Tower, a homemade crispy eggplant combined, tomato sauce, mozzarella, ricotta cheese gratin, and mesclun salad; Mama’s White Soup Alcatraz, a warm cream Cannellini soup with Ditalini pasta, Pearl Vegetables, served with Garlic & Truffle crouton; Spaghetti Meat Bullet, a creamy Alfredo pasta, with Wagyu meatballs; Brooklyn Chicken Custody, roasted chicken with sautéed mixed mushroom, served with herb roasted potato, and Marsala Wine sauce; and end with the decadent Flare Bomb in Brooklyn, an American Cheesecake served a-la Baked Alaska with fresh tropical fruit, coconut gelato and a graham cracker crust.

The Al Capone Set Menu is available for lunch and dinner and priced at IDR 920,000++ per person, individual items can also be ordered Ala Carte.

Nautilus Bar
Old world glamour, contemporary style and timeless sophistication, Nautilus Bar is the perfect setting to unwind after work or for a weekend night out. This September, soak in the ambience of the prohibition era, the three Nautilus’ expert mixologists have handcrafted six unique cocktails, inspired from the dark time. Guests are invited to come and explore these unique flavours and the intriguing stories behind them.

Prohibition Cocktails start from IDR 185,000++

La Patisserie
It might be too early for a Thanksgiving treat, but who doesn’t love this American favorite? Executive Chef Lorenzo Sollecito and his team presents the perfect pie, expertly combining the two vastly different ingredients, Pumpkin and Pecan. A soft almond tart base with pumpkin and pecan pudding covered in Italian meringue. Not only is it delicious, but also pleasing to the eye and highly Instagrammable. It also makes an excellent gift for team or family.

Pumpkin Pecan Pie available at La Patisserie for IDR 250,000++ for whole cake

Dolcetto
This September, Dolcetto offers the perfect combination for coffee, Boston‘s Famous Donut. Made from scratch in-house by the hotel‘s bakery team, this is the decadent sin everyone must indulge in. Fun Fact: Boston was founded in September 1630 and so we are celebrating 389 Years of the history this month!

Boston Famous Donut available daily from 7.00 AM – 6.00 PM at IDR 15,000++ per piece

Pool
Four Seasons Hotel Jakarta invites guests to complement their Urban Retreat in their Bill Bensley designed resort-style poolside. Cool off with their special treat as a reward! A perfect combination of Brownies and Caramel Popcorn to top off a delicious American Classic Sundae. Who Can Resist?

Pop Corn Caramel Banana Sundae available from 9.00 AM – 5.00 PM at IDR 85,000++ per cup

Palm Court
Palm Court‘s Chef de Cuisine, Asep Hamdani presents an audacious new take on the eternal Nasi Goreng, with Miyazaki Beef as the key ingredient. Served in a generous portion, this dish is meant to be shared. Whether for a quick working lunch or a more elaborate and intimate dinner, this is the perfect accompaniment to any meal.

Miyazaki Nasi Goreng available daily for lunch and dinner at IDR 950,000++

About Four Seasons Hotel Jakarta
As the world’s leading operator of luxury hotels, Four Seasons Hotels and Resorts currently manages 115 properties in 48 countries. Open since July 2016, Four Seasons Hotel Jakarta provides a preferred address for both business and leisure travelers, and the highly personalized, anticipatory service that Four Seasons guests expect and value around the world. Recent awards and honors include Condé Nast Traveler’s list of ‘Top 20 Hotels in Asia’ in the 2018 Readers’ Choice Awards. For more information on Four Seasons Hotel Jakarta, visit press.fourseasons.com/jakarta/ or facebook.com/FourSeasonsHotelJakarta

For more information pertaining to Four Seasons Hotel Jakarta:

Rumman Amanda
Director of Public Relations & Communications
Four Seasons Hotel Jakarta
Phone : +62 813 86976779
Email : [email protected]

Cindy Yuwono
Public Relations & Communications Executive
Four Seasons Hotel Jakarta
Phone : +62 812 80940637
Email : [email protected]

Popular Bali Beach Club Even Better Than Before

Think you can’t improve on perfection? Think again! Bali’s most upmarket beach club has had a makeover and its latest reveal includes more five star features than before! Already a must do destination for discerning travellers looking to lap up some holiday luxury, Finns VIP now offers even more appeal and judging by the numbers of bikini clad bodies on daybeds, the crowds concur.

While it’s tough to look beyond their new 41 metre, ocean front ADULTS ONLY pool flanked by luxe white double day beds and attentive staff at the ready, Finns VIP boasts much more than just a sunny spot by the sea…

With a brand new kitchen dedicated solely to VIP customers, guests are treated to tastes from The Mediterranean when they dine al fresco style at Sandbar Restaurant. Prefer to stay put by the pool? Soak up the rays as you select from a range of light and flavourful options to be delivered direct to your daybed.

Suitably sun kissed and seeking a shady space to touch base with home or attend to work matters, head toward the VIP Lounge and Bar for speedy guest WIFI and a cool spot to kick back for a while. An open and airy 18+ only lounge complete with comfy chaises, chairs and tables, this CoWorking space has possibly the best ‘office view’ you’ll ever need to get those creative juices flowing… Failing that, simply snap that lap top shut and watch the sets roll in! Flicking any thoughts of work entirely, (really, who were you kidding…) opt instead for an hour face down on a massage bed at Ocean Spa with nothing but the soothing stroke of a Balinese massage  and hypnotic sounds of the surf.

Granted, the new look VIP features some adults only areas, but that’s not to say they don’t welcome families as well. The fully refurbished Gazebo Pool is now easily accessible for all ages and surrounded by plenty of single and double daybeds from which to keep an eye on the kids while perfecting your tan. But once the shadows get longer and the sun slides westward, book that babysitter and adios the ankle biters for a few hours because the VIP Rooftop Bar is about to kick things up a notch.

With unparalleled views of The Bukit and beaches, The Rooftop Bar is unbeatable for Bali sunsets. Take in an afternoon cocktail and the 270 degree vista while enjoying the musical stylings of Bali’s best female vocalists, bringing you chic beach club grooves in sync with the island’s top DJs as they perform classic Ibiza beats and sunset sounds from 4 – 7pm daily, or stay on after dark for the evening dance set from 7.30pm ’til late.

Refreshed after some sleep, you can eat and repeat it all again the following day at Finns VIP with breakfast from 7am followed by Ocean Yoga at 8am every morning!

FINNS VIP BEACH CLUB
Jalan Pantai Berawa, Canggu – Bali
P: +62 (361) 844 6327 / +62 828 9701 6178
Email: [email protected]

www.vipbeachclubbali.com

Higher education – Indonesian universities and degrees

Indonesia – Education

The number of higher education institutions in Indonesia has risen from 10 in 1950 to over 2,000 today. Indonesia is fast becoming a popular destination for international students.

Indonesia’s higher education system is divided into universities, institutions, academies, polytechnics and advanced tertiary schools (Sekolah Tinggi). In turn these are categorized as either private or public. Public institutions have existed for many years whereas the private institutions are relatively new. All higher education institutions are supervised by the Ministry of National Education.

In recent years the Ministry has been overhauling the higher education system to tackle some of its problems. These include limited access for poor families, lack of space in public institutions and a high level of government bureaucracy.

Public institutions

Of the 2,000 higher education institutions, only 30 are public. Public schools offer a wide range of subjects and the education is considered to be of a higher quality than in private institutions. Over half of students who attend a private university go there because of a lack of space in public universities.

Admission into a public university is very competitive, with only 20 percent of students taking the entrance exam being accepted in some years. Private institutions and some public ones administer their own admission tests rather than the standard admission test.

Tuition at a public school is low but varies between institutions. In comparison, tuition fees at a private university can be quite high. It is thought, with the education reforms, the cost of public universities is likely to rise in the future.

The top universities in Indonesia are the Bandung Institute of Technology, Gadjah Mada University and the University of Indonesia. Aside from the top tier of public universities, most other institutions are not considered to be of a western standard.

The University of Indonesia

The oldest university in Indonesia, founded in 1849, it took its current form in 1950. It is considered the best university in the country and came 217 in the QS World University Rankings 2011. It has two campuses, one in Depok, West Java and another in central Jakarta.

For international students, the University of Indonesia (UI) has developed several partnerships with foreign universities in order to provide international double degree programmes. These allow the student to graduate with a degree from UI and another from the partner university.

Currently UI has partnerships with the University of Melbourne, the University of Queensland and the University of Amsterdam, among others.

International students

There are over 6,000 foreign students enrolled in higher education in Indonesia. The majority of these come from Malaysia and many are sponsored by the Malaysian government. International students are admitted to full degree programmes based on their entrance exam scores, in addition they usually have to pass a language exam.

The cost for an international student is around four times higher than that for an Indonesian citizen. The cost for a public university can be around €125 (US$157) per semester. Private universities usually charge more, around €840 (US$1000) per semester. Private institutions also usually charge a one-off development fee for first year students, this can be between €840-€8,400 (US$1000 – $10,000) depending on the university and subject.

There is the opportunity for international students to apply for scholarships from the Indonesian government. For up to date information check the website of the Indonesian embassy in your country.

More Indonesian universities are starting to offer programmes taught all or partly in English. These institutions are mostly to be found in the Jakarta and Surabaya regions. Notable universities that offer undergraduate programs in English include Bina Nusantara University, University of Indonesia, Pelita Harapan University in Jakarta, and University of Surabaya and Widya Mandala Catholic University in Surabaya.

Other options for studying in Indonesia include cultural exchange programmes, language programmes and student exchange programmes. These are available through local and international education organisations.

Types of degree

There are five types of degree awarded in Indonesia:

  • Diploma 3 (D3) Ahli Madya – Equivalent to an associate degree
  • Diploma 4 (D4) Sarjana – Equivalent to a bachelor’s degree
  • Sarjana 1 (S1) Sarjana – Equivalent to a bachelor’s degree
  • Sarjana 2 (S2) Sarjana – Equivalent to a master’s degree
  • Sarjana 3 (S3) Doktor – Equivalent to a doctoral degree

Source: To find more information on Further Education in Indonesia and in particular Bali, then visit the Just Landed site at https://www.justlanded.com/english/Indonesia/Indonesia-Guide/Education/Higher-education

Find out how to get a job and work in Bali

If your heart is set on working in a country that promises a vacation feeling, you’ll feel right at home in Bali. However, working in Bali nevertheless requires some thorough preparation. InterNations GO! provides a brief introduction, including job hunting and business culture.

Employment in Bali

  • The largest industry in Bali is agriculture; for expats wishing to work here, it is a good idea to teach English or to apply for a specialist job.
  • Work permits are challenging to get, and it is mainly up to your employer to provide you with one; additionally, a personal tax number is necessary to work.
  • It is important to be aware of the business etiquette which might be different from the one in your home country.

Bali is a mixture of extravagant vacation resorts, sprawled along pristine sandy beaches, and local poverty. Most people are employed either in the tourism industry in the south of the island, or work in subsistence farming and agriculture. For expats who plan on working in Bali, the hospitality industry is the most pragmatic choice. As the cost of living in Bali is relatively low in comparison to other countries, most expatriates in Bali find themselves living a comfortable, almost luxurious, lifestyle.

An Economy Based on Agriculture and Tourism

Anyone who starts working in Bali will quickly become aware that the largest industry on the island is agriculture, at least in terms of employment. The most important agricultural products are rice, coffee, tea, cacao, cloves, soybeans, and tobacco, among others. However, the major contributor to Bali’s GDP is the tourism sector.

In the 1970s, the Balinese government realized that they could not avoid the huge torrents of tourists streaming onto the island and decided to be proactive. Instead of rejecting the onslaught of tourists, they turned it around to make the island one of the first cultural tourism hotspots. This resulted in Bali becoming the showcase of Indonesia, making the Balinese island one of the wealthiest in the entire archipelago.

Some Ideas for Expat Jobs in Bali

Expats who dream of working in Bali will find most opportunities at an international company, as an English teacher, or working with tourists. If financial prosperity is not your motivation for coming to Bali, there are also several volunteer organizations based in Bali.

If you aren’t sent to Bali on a foreign assignment or don’t decide to retire there, a good way to begin the search for a job in Bali is to find out in which areas the Balinese economy requires specialists. As previously mentioned, the tourist industry is booming again, so if you are qualified for a hotel or restaurant job and bring outstanding experience with you, getting a job in Bali may not be too challenging!

It is important to note that finding a job once you are in Bali is usually more complicated than having one before you move there, especially as far as visas and permits are concerned. Therefore, we highly recommend you begin your job search long before your intended moving date.

Getting a Work Permit for Bali: Challenging, but Not Impossible

Acquiring an employment visa for Bali is a slightly complicated process. This is due in part to the fact that many Indonesian companies prefer employing locals over hiring non-Indonesians. In Indonesia, businesses are required to have what is called an IMTA, which is a work permit given to companies interested in hiring international employees.

That does not mean that working in Bali as a foreigner is impossible. On the contrary, there are many foreign nationals working in Bali. However, it is important to be aware that legally working in Bali can be more difficult than expected. It would be beneficial to either hire an immigration agent or find a confirmed job offer before entering the country.

Next to having a confirmed job offer or being sent by an employer, there are two options if you want to acquire a work visa for Bali. One of them is the so-called business visa, which is a visa assigned to people interested in conducting business negotiations or carrying out a project with a Balinese company. The catch is that this visa is only valid for up to 60 days!

However, some expats now working in Bali have done the following: they have conducted negotiations with their Indonesian partners to see whether they could somehow acquire the IMTA permit for hiring foreigners. This enabled the expats to extend their stay in Bali.

The other option is to contact an Indonesian immigration agency or headhunter to have them help you find a job and take care of all the paperwork for you. Some employment agencies have immigration agents on staff that, for a fee, may be willing and able to aid you in finding work in Bali. For more information on obtaining a work permit for Bali, please consult our Moving to Indonesia guide.

Bali’s Business World

Be Sure to Be Prepared for the Local Business Etiquette

When you do business in Bali, be it for a special meeting or the daily grind, it is important that you are aware of how significant social stature is in Indonesia. In addition, Bali follows the Hindu and Muslim calendars; therefore, it is of utmost importance that you remember the central holidays and festivals and do not arrange business meetings on these dates.

The following are some pointers about business etiquette in Bali:

  • Wearing appropriate business attire is a sign of respect. This goes for men and women alike. You may want to consider wearing a pant suit made out of light material, which will also make the heat more bearable.
  • A right-handed shake is considered the proper way of greeting both men and women in Bali. Additionally, the Balinese prefer a light-handed shake to a firm one.
  • Address your business partners by their title only and avoid using first names until your contacts offer you the opportunity to call them by their given names.
  • Handing out business cards when first meeting the other person as well as requesting theirs is considered a sign of interest. Please have these printed in English and Bahasa.
  • Be aware that it is not customary for Indonesians to talk “straight” (too much directness is often considered rude). In other words, it is wise to rephrase their sentences in order to ensure that you understood correctly and avoid any misunderstandings during business meetings.

Why You Need an NPWP in Bali

As of 1984, all those working in Indonesia are required to obtain a tax number, called an NPWP. The NPWP is an important number to get, as it may be necessary when applying for an Indonesian driver’s license or opening a bank account, among other things. Contacting the regional tax office in Denpasar is a good way to get your NPWP, to be informed about which tax form you are required to fill out, as well as how much you are required to pay. Bali’s resident taxpayers are subject to taxes based on international income, while non-residents are only liable to pay based on Indonesia-wide income.

If you are working in Bali on an expat assignment, you do not usually need to worry about taking care of your taxes. Your employer will usually do this for you, either by including tax in your gross salary beforehand, or calculating your net pay and then adding this to your personal income tax. However, if you’d like to get a second opinion, you can also consult an international tax accountant. He or she will also be able to advise you on bilateral tax agreements and how they help foreign residents to avoid double taxation. Indonesia has a double taxation treaty with more than 57 other countries, among them Australia, Canada, New Zealand, Singapore, the United Kingdom, and the United States.

Do you want to relocate? If you have never moved abroad, the process will be overwhelming, and if you have, you know the burden that lies ahead. Whatever stage you are at, InterNations GO! can help you with a comprehensive range of relocation services, such as home finding, school search, visa solutions, and even pet relocation.

Source: Find further information regarding ‘Working in Bali’ at https://www.internations.org/go/moving-to-bali/working and https://indonesiaexpat.biz/

Bali is paradise for shoppers

The beautiful traditional culture of the island and its focus on aesthetics mean that locally produced handicrafts, textiles, and art are everywhere. As Bali is a thriving tourist center, products from around Indonesia and Asia can easily be found at low prices, while decades of cosmopolitan visitors have contributed to a thriving fashion scene.

The cost of living is low, and so are prices, allowing the smart traveler to enjoy the best of all worlds without breaking the bank. Traditional shops and markets offer flexible prices, making the best deals possible for those with bargaining skills, while most stores offer fixed prices that are so low that bargaining is unnecessary.

Bali is Famous for…

A lot of things…and LOW PRICES!
Even the most exclusive high-end products will be considerably cheaper than what you would pay anywhere else, and particularly Europe, Australia, Korea, Japan.

Silver work, handicraft, artwork and paintings, fashion & clothes, furniture and deco items, natural soaps and essences, coffee, cloth…. you name it.

Planning Ahead

It is advisable to plan ahead a little and find out on what Bali has to offer when it comes to shopping. Get a sense of what you would like to take with you from the island of the Gods. Many tourists realize a bit too late how much of a shopper’s paradise it truly is. They arrive, go to two or three streets near their hotels and buy what they see and like.

But once they get around a bit on sightseeing, they realize the true dimension on what Bali has to offer. By then the luggage might already full of items they would rather change for something different or the budget is depleted. Furniture and decoration are really beautiful and will remind you of the lifestyle and atmosphere of the Island of the Gods. One can easily buy larger items and get them packed and shipped home.

You can hire a car with driver for less than US$50 a day.

With so many shopping choices in every quality and style, visitors will not be able to buy everything, and so should keep in mind some of the “must-have” items that make a trip to Bali complete.

For smaller souvenirs, gifts, and additions to your house, wooden and metal handicrafts and paintings can’t be beat. These come in all shapes and sizes and so the best idea is to go to a large shop or market and browse around. For drinks, a good bag of strong Balinese coffee is worth buying, as well as premium coffees from Sumatra, Java, and Sulawesi, or the infamous kopi luwak. Those who like stronger drinks can buy a bottle of brem (palm wine) or arak (rice liquor), both of which pack a punch.

Beach lovers will do well to buy beach sarongs, which come in thousands of designs and colors for only a few dollars (5-10US$ mostly). Traditional clothing, such as Balinese udeng headdresses and safari shirts and elegant kebaya dresses for women are also great buys. Bali is also famous for funny t-shirts, often featuring cartoons by local artists, and these can be found both in souvenir stores and the streets of Kuta, alongside budget surf wear and “designer” clothing. In Kuta, Legian, Seminyak and Ubud you will find literally hundreds of shops selling beautifully designed clothes and accessories from gifted international and local designers. Of course, not to forget the international well-known brands such as Mango, Zara which opened outlets in the department stores and malls.

Naturally on Bali you can surf shops of any brand that you might know. Super designed branded shops from Quiksilver, Oakley are fun to visit and along the main street of Jalan Sunset you can find mega surf outlet factory shops with reduced items in tons.

Textiles from around Indonesia, such as batik prints and woven ikat cloth, are readily available, and are a must for shoppers who will not visit the rest of Indonesia. Silver jewelry in traditional and modern designs is sold at shockingly low prices, while beautiful furniture in ebony, mahogany, and teak can be bought at a fraction of the price in other countries.

Source: For more hints and tips on shopping in Bali then visit https://www.bali.com/shopping.html

How To Report Personal Income Tax In Indonesia?

All Indonesian residents including persons holding temporary stay permit (KITAS) and receiving salary are responsible for personal income tax reporting in Indonesia.

In fact, avoiding tax reporting in Indonesia may even lead to foreigners being deported or result in trial and imprisonment. See how to avoid unexpected problems with local tax office when living in Indonesia as a foreigner.

Who is Subject to Personal Income Tax Reporting in Indonesia?

As a resident taxpayer not conducting business and / or free work, you must report an Annual Report Tax (SPT) to the Tax Office. With carrying either a valid temporary stay permit (KITAS) or Tax Identification Number (Nomor Pokok Wajib Pajak – NPWP), Tax Office will register you no later than 3 months after the end of the tax year. Note that foreigners who are tax residents must have NPWP.

Defining an Individual Tax Resident in Indonesia

In the eyes of Indonesian legislative system, you are an individual tax resident in the country when meeting either of the three requirements:

  • Living in Indonesia
  • Staying in Indonesia for over 183 days within a 12-month timeframe
  • Staying in Indonesia during a fiscal year and plan on residing in the country

An exception is only when a tax treaty overrides these requirements. Also, note that 20% withholding tax applies to the Indonesia-sourced income of non-residents. To set an example, dividends for stakeholder will be taxed, in case they did not yet have the NPWP. Or a foreigner who owns shares in an Indonesian company intends to sell his shares, the proceeds of the sale of these shares are taxed 20%.

Note that all foreigners holding a KITAS in Indonesia are considered as residents. What makes you a tax resident (with either ITAS, ITAP, Social or a Business Visa) is staying here for the 183 during a calendar year and meanwhile earning income from employment or personal investment.

No Personal Income Tax Reporting in Indonesia

There is an exception when it comes to tax reporting in Indonesia. Being a diplomat or a representative of certain international organizations, you may be tax-exempt in Indonesia. Though, this is in case both countries provide reciprocal exemptions.

When being a commissioner in Indonesia – living in the country, yet not receiving salary neither dividends – you do not need to pay taxes. This applies as long as you do not earn income from Indonesia. As the tax obligation for a foreigner in Indonesia starts from having economic relations with Indonesia. That is when you start receiving income from the archipelago. Your tax obligation is final when you no longer have the economic relations.

What Must Individuals Report in Indonesia?

For your individual Annual Tax Report (SPT), include the following:

  • The income you are earning
  • Payable income tax calculation
  • Treasure
  • Liabilities / debt
  • List of family members

Note that you must provide complete, clear and valid information without trying to embellish facts. Take care of presenting data that is actually in accordance with the circumstances.

Personal Income Tax Rates in Indonesia

Almost all of the income earned by individual taxpayers in Indonesia is subject to income tax. According to the Law (Pajak Penghasilan, PPh Article 21), the personal income tax rate is calculated by using the progressive rate:

Annual Income Tax Rate
Up to IDR 50,000,000 5%
Above IDR 50,000,000 Up to IDR 250,000,000 15%
Above IDR 250,000,000 up to IDR 500,000,000 25%
Above IDR 500.000.000 30%
Without NPWP Rate is 20% higher than those with NPWP

For Taxpayers who do not have NPWP, the rate is 20% higher than those with NPWP.

In addition to personal income tax reporting, you will find additional useful tips from our Quick Tax Guide as well.

Withholding Tax From Personal Income Tax in Indonesia

Note that before reporting personal taxes in Indonesia, employer already collects a part of individual income tax through withholding. They withhold income tax on a monthly basis from employee salaries and other paid compensations.

Also, when the employee is living in Indonesia and thus is a resident taxpayer, the above rates apply. Being a non-resident taxpayer, the withholding tax is 20 % of the gross amount (the amount may vary due to tax treaty).

Source:To learn more about Taxation and Law in Bali contact www.emerhub.com , Browse Emerhub blog for further details about KITAS and KITAP in Indonesia.

The ultimate guide on foreign investment in Indonesia 2019 | How to buy land in Bali as a foreigner

Can foreigners buy property in Bali? Yes, they can! Here’s the ultimate guide for 2019 on the owner’s rights structure of foreign investment in Indonesia.

Indonesia is the place of choice for foreign investment for 2019. While China’s trade war with America continues to exacerbate an economic slowdown, impacting countries across the globe, the Indonesian economy has managed to grow on average five percent each year over the last ten years.

With up and coming destinations like Bali or Lombok, Indonesia is enjoying ongoing upmarket transformations as well as continued economic growth. With two-fold investment from local government sources, and outside foreign investment in Indonesia, projects are underway that are transforming the sleepy less developed islands in the archipelago, to what the Indonesian government is marketing as its ‘Ten New Bali’s project.’

This top-down financial influx brings strength to Indonesia’s economy, instilling confidence in those outside investors who are seeking to make smart investments of the type only an emerging real estate market can offer or are just looking for a chance to buy land in Bali and develop the dreams’ house they have always longed for.

Pengantap Bay |© Invest Islands

What’s more, these myriad new opportunities extend to the local community – increasing rates of employment and improving local living conditions – which in turn bankrolls the development of infrastructure, which enable projects to get up and running quickly.

Source: For further information on the property market in Bali then contact Invest Islands at https://invest-islands.com/

The Ultimate Beach Resort Getaway Awaits at the Mulia, Mulia Resort & Villas

Beautifully located along the secluded 1-kilometre beach of Nusa Dua in Bali, Mulia Bali boasts three distinct luxury experiences within one spectacular beach resort. Mulia Resort serves as the lifestyle destination with a plethora of dining, recreation and business amenities, while The Mulia offers a high-end all-suite luxury beachfront resort retreat, boasting the iconic infinity pool overlooking the majestic Indian Ocean, and Mulia Villas promises a haven for those seeking privacy in luxury with spacious private villas and personalized butler service.

Revel in premium amenities and unrivalled hospitality at the award-winning Bali beach resort. Indulge in world-class culinary adventures at our selection of nine restaurants and bars – each promises an exquisite dining experience. Lounge in an array of day beds or private cabanas by the resort’s four swimming pools, while guests of The Mulia and Mulia Villas can enjoy exclusive access to two pools, including the longest oceanfront infinity pool on the island. Rejuvenate at our award-winning spa with head to toe pampering treatments and wellness suites featuring Asia Pacific’s first Ice Room. Stay fit at our state-of-the-art Fitness Centre with daily classes by our professionally trained fitness instructors or enjoy a day out in the sun with the various beach activities on offer.

Mulia Dining

At Mulia Bali, we take pride in providing exceptional dining experiences for our guests, from scrumptious brunches to award-winning fine dining. Boasting extensive culinary experience, our chefs offer our signature take on local and international flavours to entice your taste buds, while our staff ensure world-class service from start to finish.

Indulge at the award-winning Soleil restaurant overlooking the stunning Nusa Dua Bay for lunch and taste our scrumptious dim sum at Table8 at dinner. Don’t miss our highly praised international buffet breakfast at The Cafe. Private dining is available at select restaurants and bars, perfect for intimate social gatherings and business functions.

The World’s Best Start Up Hubs – Bali Indonesia

Today our tour of the world’s best start-up hubs takes us to Asia for the first time, as we pay a visit to the island province of Bali…

  • Population: 2 million
  • Pros: Picturesque location, friendly people, good prices and a wide range of start-ups already in place.
  • Cons: Indonesia’s over-regulation can be quite prohibitive, prepare to get used to filling in permit forms.
  • Cost: Staff, rent and living costs are all very cheap. However, many places ask for office rent up front, which can be a challenge.
  • What to expect: ​A stunningly beautiful location with a rapidly increasing start-up scene.

Peter Wall is the co-founder of Hubud, a co-working space in Bali. The Indonesian island might be one of the only thriving business locations on earth to rival the beauty of Richard Branson’s Necker Island, but does the Balinese start-up culture rival those of other global powerhouses? We sat down with Peter to get an insider’s perspective.

Image from gettyimages

What are the best aspects of doing business in Bali?

This is an easy one. The best aspects of doing business in Bali are the incredible environment and people here. It’s incredibly beautiful. For example, our office at Hubud backs onto a rice paddy, which makes it unlike any place I’ve ever worked. The people are pretty amazing too – starting with the local Balinese community, who are friendly, kind, and culturally sophisticated. The people at Hubud we interact with every day – some who come here for a week, and some who are here for months or even years – are running some incredible businesses, many as location independent entrepreneurs. So, there’s a never-ending stream of inspiration for everyone to tap into.

What are the downsides to doing business in Bali?

Downside, what downside? Honestly, it’s a pretty great place to do business, as new ideas and projects can be launched much more easily than in other places, where costs are high and people feel more encumbered. One downside is that Indonesia has quite a bit of regulation, which means usually several different types of permits are needed for local businesses.

How would you describe the business culture in Bali?

Bali now has over four million people, so it’s hard for me to answer this one from an island-wide perspective, but I would say the business culture at Hubud is collaborative, inspiring, and (mostly) online. We have a huge variety of events each month, and almost exclusively get the content for these talks, skill-shares and think-tanks from our members.

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Have things changed much for start-ups in Bali since Hubud first launched?

Yes – there are a lot more of them! One thing about being part of a growing ecosystem is it’s great to watch new start-ups and companies form in front of your eyes. Bali seems to attract lots of people who are transitioning out of one type of job (or life) into another, and over the course of the past year and a half, we’ve seen lots of these types come through the door. They come in not really knowing what they want to do next, then in a few months they have an idea and they’re off to the races!

What are the costs of doing business in Bali?

One of the attractions for start-ups and other companies working in Bali is, obviously, the cost of living is cheaper than elsewhere. So, costs are pretty cheap for staff, rent, etc. One large cost for bricks and mortar type businesses is that if they want a long-term office, they usually have to pay rent up front, which can be a challenge.

What tips would you give to an entrepreneur thinking of starting-up in Bali?

At Hubud we’re pretty into the lean start-up methodology, and we use the ‘spaghetti at the wall’ model a lot. We try things and see if they work. If they do, we keep doing them. If not, we don’t. So, I’d say if you’re thinking of starting-up in Bali, come to Hubud for a month and see if you like it. And I bet you’ll still be here six months later…

Source: You are reading an article from The world’s best start-up hubs series, to read more about this you can visit the   https://www.virgin.com/entrepreneur/worlds-best-start-hubs-bali-indonesia

A Southeast Asian Journey

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