“When you tell people that your startup is based in Bali, it’s funny how they either act surprised or unconcerned. They are then taken aback by the startup’s traction and widespread recognition.”
1. Internet is fast and cheap.
The days of Bali’s Internet connection being unbearably slow due to underdeveloped infrastructure are long gone. The Internet connection in Bali is now faster, better, and inexpensive. Furthermore, advanced technology computers, laptops, and mobile devices can all be found in Bali at affordable pricing. You can use local SIM cards as long as your phone is unlocked.
2. Community of entrepreneurs
Bali is a growing ecosystem that connects startups and digital nomads. You’ll find contacts here to help you turn your ideas into reality and launch your dreams. It’s the place to be for anyone who wants to create their own path in life and live the life that most people only dream of. The startup scene in what has been termed “paradise on Earth” attracts entrepreneurs from all over the world.
Who wouldn’t want to live on a paradise island with a strong infrastructure and constantly expanding networks?
Who could resist the stunning scenery, volcanoes, wildlife, good food, five-star resorts, and year-round sunshine?
3. Creative hub: unlocks people’s potential
“Bali has always been known as a fantastic creative hub. Come here to try new ideas, do things differently, take a step back from the business, and work harder or smarter. The monotony of city life can drag you down. No one wants to go to work since they live here. Nobody does anything they don’t want to. Our office has a great vibe; there’s something refreshing about going out of your usual cubicle and working in a different environment.
Yoga, healthy food, and fresh air are all available here, which is more difficult to find in a city. It’s a place where people come to gain perspective on their lives… a once-in-a-lifetime opportunity to gain perspective and focus.”
This style evokes the work-life balance that everyone desires. With all that Bali has to offer, it is the ideal place to get away from it all. Digital nomads select their workspace and have greater control over their time. Work becomes less stressful, making productivity and creativity more achievable. Health and wellness are the things that people are paying more and more attention to, especially people who come all the way to Bali to rejuvenate and relax. Spa yoga, and fitness facilities are expanding rapidly in Bali.
4. Co-working spaces accommodating aspiring entrepreneurs
Bali’s coworking sector is thriving, and it’s one of the greatest places in Southeast Asia to work remotely. Thanks to a diverse range of solutions for every remote worker type and personality. The goal of the Bali coworking spaces is to create a digital and physical hub for disruptive business development, long-term remote work structures, and new entrepreneurial skills.
There are many coworking spaces in different locations such as Ubud, Canggu, Seminyak, Sanur, Kuta, and Denpasar. Most coworking spaces offer spacious shared workstations, an active coworking community, grand bright windows, and high-speed Wi-Fi. Many also encourage collaboration by offering comfortable meeting rooms and skype rooms for international calls. Even some coworking spaces provide coliving to make it easier for nomads to find all they need in one spot.
5. Better quality of living
Aside from the growing networking scene, one of the main reasons entrepreneurs choose Bali is the low cost of living. You can easily afford to live in a nice villa, travel, and eat out every night for less than 1000 euros per month. You’ll have plenty of options for setting up your office with fast internet connections in most areas like Canggu, Ubud, Seminyak, and Kuta.
6. Convenient access
Bali has long been a well-liked destination for remote workers and digital nomads. Almost everywhere can easily reach the island, and many airlines offer direct or nonstop flights. Bali is a great starting point for travel because there are so many top-notch low-cost airlines that offer inexpensive flights throughout the region.
Bali’s tourism industry continues to grow, and so does the country’s economy. The number of visitors to Bali is fairly consistent. Bali receives at least 4 million visitors each year. Here are the reasons of Bali’s continued success in investment tourism:
- Good political stability
Up until now, Bali has had a reputation for having stable politics. Locations with political stability also seem more promising from an investor’s point of view. Bali is regarded as a tranquil location.
- Abundant resources
Bali is a tiny island that can provide you with an entire vacation. Bali offers everything, from scuba diving to hiking, and shopping to discovering a new culture. The fact that there are still pristine resources is even more impressive. The many attractions you are familiar with are merely the tip of the iceberg. As a result, visitors to the Island of the Gods are never bored as Bali continues to develop.
- The steady development of infrastructure
Previously only known as a rice plantation, Bali now boasts top-notch infrastructure, including roads and airports. The local government is constantly working to increase tourist accessibility. Bali has recently received approval for 14 infrastructure projects in the 2020–2024 timeframe. The Gilimanuk-Denpasar highway and the water supply system are a couple of them. For these projects, the local government set aside IDR2,058 trillion in funding, of which 30% came from APBN and the rest from private businesses.