The island where “Eat, Pray, Love” author Elizabeth Gilbert found love continues to block foreign ownership of property.
Bali attracts more than 2 million tourists a year--a number which is expected to grow when the movie version of Gilbert’s book is released in August. However, strict Constitutional restrictions on non-citizens directly owning land dampen international interest in real estate.
Bali Resists Foreign Ownership ChangesPosted in Real Estate on July 22, 2010 by Kevin Brass      |
IPJ Report
A daily feed of news and analysis on the international property business.
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Author: Kevin Brass has covered the quirks and trends of the global property industry for many than 20 years, including regular features and analysis in the International Herald Tribune and the New York Times. |
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