Bali Aims to Become the Next Dubai

The initiative is expected to include: 

• Free movement of foreign capital 

• Tax incentives for businesses and investors 

• A dedicated regulatory framework for financial activities 

• Streamlined administrative procedures for international companies 

Over the past two decades, DIFC has played a pivotal role in transforming Dubai into one of the world's leading financial centres. Today, it is home to more than 8,800 companies, with assets under management estimated at approximately USD 700 billion. Indonesia hopes to leverage a similar model to accelerate economic growth and attract long-term investment.

For years, Bali has attracted entrepreneurs, investors, digital nomads, and international business owners. The government now aims to position the island not only as a global tourism destination but also as a hub for business, investment, and wealth management. 

In practice, this would mean the creation of a new ecosystem where business, technology, and lifestyle converge. 

The experience of major financial centres around the world suggests that the development of business infrastructure is often accompanied by increased demand for high-quality residential and commercial real estate. 

At the same time, policymakers acknowledge existing challenges, including pressure on infrastructure, high tourist volumes, and the need for further regulatory improvements. 

While the project remains at the discussion stage, the initiative highlights Indonesia’s long-term development ambitions. If implemented, the financial zone could position Bali as one of Southeast Asia’s most compelling destinations for international business and investment. 

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* The image is for illustrative purposes only and does not represent an official project rendering.