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Is Bali Building a Financial Paradise or a Future Tax Headache?
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Subscribe19 MAY 2026 / ECONOMY
The Indonesian government wants Bali to become an international financial center similar to Dubai's DIFC, offering cross-border financial facilities, tax incentives and special legal regulations. This initiative from President Prabowo Subianto’s administration comes amidst geopolitical tensions and expectations of diversification in investment locations, however, issues of regulatory overlap, contract enforcement, and bureaucratic friction pose challenges to this plan.
Bali has long sold sunsets, surfboards, and spiritual retreats. Now Indonesia wants to add something else to the brochure: tax-free capital flows and offshore finance. That is a pretty wild pivot for an island better known for beach clubs than balance she...
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