Living in Bali is of course different than coming here on a holiday. Bali is in many ways an incredibly wonderful place to live and work, and there are many expatriates from all over the world in Bali, who have come here and never left.
The thriving tourism industry offers quite a lot of jobs for foreigners, particularly in the hotel management business. All jobs for foreigners start at some kind of management level. For a lower ranking job, such as waiter, bartender, housekeeper, companies would not get a permit to hire you. Indonesia wants to make sure, you would not take a job that an Indonesian would do. Therefore companies need to proof, that they would need you, a foreigner, to do the job.
Bali is part of Indonesia and beside Jakarta probably the best and easiest place to live as a foreigner. And, compared to Jakarta, lifestyle is much better in many ways. Living in Bali comes of course with adjustments. Not much works here, like you might have been used to.
We have prepared a few articles for you, that should help you to get the basic information, what Bali is a about and how it is possible to come here and live a life, that can become indeed a dream come true experience.
Cost of Living:
Of course, cost of living in Bali really depends on your life style. In general one can say, that Bali is rather on the cheap side, than on the expensive side. Bali's tourism infrastructure is well established and transport, restaurants, drinks, etc are offering incredible value for money. So if you do not want to spend much, you don't need to.
Accommodation depends on location of course. Most expats live in a "villa" or a stand alone house. One can get a 2 bedroom villa furnished for 1500US$ per month. Sometimes cheaper, and the sky is the limit.
If you relocate with kids, international schools are probably the part, where you end up paying most. The school fees are roughly at the same level like other international schools in the region. You can roughly calculate USD 1000 per month. Kindergarden is cheaper of course.
Bali is a place that "loves cash" and it is very common that you have to pay upfront. Many people who wish to come here do not realise, that those upfront payments need to be taken into consideration.
Your landlord might ask for a 1 year, 2 or even 3 year payment for your long stay rental. The longer the term, the cheaper the monthly rental.
You can also buy a place or lease a place and sell when you wish to move back home. If you have that kind of cash (starting around USD 250,000) it's a good option to also enjoy some capital gain. If you lease a place for 20 years, you pay 20 years cash-down in advance.
Owning a property in Bali
You cannot own a property in Bali 100%. Although, many foreigners have bought land and villas and apartements, they usually do this with the help of a local nominee or the real estate agent has a work around solution, that comes "close to" owning a property.