Investissement Villa Bali
Nov 18, 2016
the world's best start-up hubs: bali, indonesia
Today our tour of the
world’s best start-up hubs takes us to Asia for the first time, as we pay a
visit to the island province of Bali..
Population: 4.2
million
Pros: Picturesque
location, friendly people, good prices and a wide range of start-ups already in
place.
Cons: Indonesia’s
over-regulation can be quite prohibitive, prepare to get used to filling in
permit forms.
Cost: Staff, rent and
living costs are all very cheap. However many places ask for office rent up
front, which can be a challenge.
What to expect: A
stunningly beautiful location with a rapidly increasing start-up scene.Peter
Wall is the co-founder of Hubud, a co-working space in Bali. The
Indonesian island might be one of the only thriving business locations on earth
to rival the beauty of Richard Branson’s Necker Island,
but does the Balinese start-up culture rival those of other global powerhouses?
We sat down with Peter to get an insider’s perspective.
What are the best aspects
of doing business in Bali?

This is an easy one. The
best aspects of doing business in Bali are the incredible environment and
people here. It’s incredibly beautiful. For example, our office at Hubud backs
onto a rice paddy, which makes it unlike any place I’ve ever worked. The people
are pretty amazing too - starting with the local Balinese community, who are
friendly, kind, and culturally sophisticated. The people at Hubud we interact
with every day - some who come here for a week, and some who are here for
months or even years - are running some incredible businesses, many as location
independent entrepreneurs. So there’s a never-ending stream of inspiration for
everyone to tap into.
What are the downsides of doing business in Bali?

Downside, what downside? Honestly, it’s a pretty great place to do business, as
new ideas and projects can be launched much more easily than in other places,
where costs are high and people feel more encumbered. One downside is that
Indonesia has quite a bit of regulation, which means usually several different
types of permits are needed for local businesses.
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