Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · The Balinese as Tenants on their Ancestral Island
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

SITE PATA ASITA
Bali News

The Balinese as Tenants on their Ancestral Island

Gede Sri Darma: Outsider's Thirst to Own Property in Bali is Undermining Bali's Native Culture


Bali News: Bali, Indonesia, Gede Sri Darma, Undiknas, rector, property investment in Bali, Balinese culture, nominee ownership
Click Image to Enlarge

(2/8/2014)

Bali's popularity with foreign investors, and the resulting property boom now underway, is operating independently of the current over-supply of accommodation and lowered occupancy rates at hotels and villas. Investors still claim there are profits to be had in the lucrative buying and selling of "dream homes" on the Island of the Gods.

The rector of the National Education University (Undiknas), Professor Dr. Gede Sri Darma, said the effect from this phenomenon poses a threat to the people of Bali. Quoted by The Bali Post, Sri Darma said the Balinese are increasingly becoming a landless class on the island that is their ancestral home. He warned that the disenfranchisement of the Balinese living on Bali will inevitably lead to the loss of "Balinese character" on the Island.

"Indeed, in this era of globalization and the ASEAN Economic Community we cannot prevent the flow of capital, goods and services entering Bali. If we forbid these things the result will be that Bali is isolated from the international community. But, at the same time, we cannot simply close our eyes to the presence of investors in Bali. All parties must obey the law," said Sri Darma

In the eyes of the respected educator, foreigners own a number of properties in favored tourist areas such as Seminyak and Kerobokan. However, the name listed on the notarial act is not that of the foreign owner, but a name "borrowed" from a local citizen.

Under Indonesian law, foreign nationals are specifically and absolutely prohibited from owning freehold property in Indonesia.

Warns Sri Darma, "The result of foreigners involvement in the business of buying and selling property in Bali will influence the difficulty of safeguarding Bali's culture."

Sri Darma says Bali is perceived by many foreigners as "heaven on earth" causing many to try to own property there. This desire is so strong that price becomes of secondary performance. At the same time, investing in property is seen as lucrative, with the Professor adding: "Certainly property is the safest and most profitable investment, better than putting money in the bank, obligations, money funds and the stock market."

Adding to the situation, in the midst of a continuing economic crisis in Europe, the weak exchange rate of the Indonesian Rupiah makes Bali property all the more attractive as an object of investment.

Sri Darma called on the government to be form in enforcing the provincial zoning law (RTRW).

"The Balinese must embrace the principle of not selling their property assets to outsiders, even when the prices offered are sky high," said Sri Darma. Calling on the administrations of Bali's regencies and metropolitan areas to focus on protecting Bali's future, Sri Darma warned that if tourism is mismanaged Bali will be destroyed.

Related Articles

The Balinese as an Endangered Species

The Marginalization of the Balinese


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Sunset Swim Ends Tragically
Finnish Tourist Drowns Off Berawa Beach in Bali
(2/18/2018)
Making a Difference in the Lives of Bali Children
Australian Margaret Barry Honored with Order of Australian Medal for Her Work with Bali Children Foundation.
(2/18/2018)
Bale Banjar Culture Club: Balinese Music Demystified
Vaughn Hatch of Mekar Bhuana Speaks on Balinese Music at March 11, 2018, Bale Banjar Lecture Ė Ayoda Resort Bali
(2/18/2018)
350-kms by Hand Cycle Around Bali
Giro Hand Cycle Ride Around Bali April 28 Ė May 1, 2018
(2/18/2018)
Writing it Long, Writing it Clear
Protestors Bring 150-Meter-Long Banner to Governorís Office Rejecting Reclamation of Benoa Bay
(2/18/2018)
Canines Who Dine on What You Donít
Hotel in Ubud Recycles Leftover Food to Feed Hungry Bali Dogs
(2/18/2018)
Hate Two Pieces
Angry Citizens Demand Removal of Hotel Advertisement on Denpasar Ė Gilimanuk Highway.
(2/18/2018)
Itís All Happening at the Zoo!
Bali Zoo Booming Over Chinese New Year Period
(2/18/2018)
Banyuwangi as a New Gateway to Bali
Banyuwangi Ė the Quick Way to Access Baliís West and North, Now Poised to Become International Airport
(2/18/2018)
Fore Play in Nusa Dua
Free Golf Lessons on Wednesdays and Saturdays at Bali National Golf
(2/18/2018)
American Dies While Surfing
American Living in Bali Dies While Surfing off Sanur Beach
(2/18/2018)
A Nation of Islands; A Nation of Sails
Indonesian Traditional Pinisi Sailing Ships Named Icon of Cultural Heritage
(2/18/2018)
All [News]!