The steep hike partly explains why Ivanova always hesitates to call Bali his second house.
“When I came to Bali for the first time, everything was cheap. Now I spend almost the same amount as me in Moscow, “she said.
Despite the development, very little local harvest the advantages. And as the influx of digital nomads increases prices, some Balinese feel at prices, fueling friction between residents and remote expatriates.
“The houses have become out of reach for us Balinese,” said Nyoman Denny, resident of Bali.
Arrow price
Last year, Bali has experienced a 40% increase in the number of digital nomads residing on the island compared to 2023. It is estimated that more than 3,000 digital nomads now live there, depending on the number of nomadic nomadic visas granted each year.
Although these figures do not seem overwhelming for an island about eight times the size of Singapore with a population of around 4.4 million, it is possible that it is a gross underestimation because it is possible to enter for a month on a tourist visa, which can then be renewed for an additional 30 days.
Certain nationalities are exempt and do not require a visa at all.
The first wave of digital nomads came to Bali in the 2010s, because the Internet at high speed was no longer limited to the city centers in big cities and began to penetrate small cities and the suburbs.
“For these digital nomads, it is much cheaper to achieve the lifestyle they want in Bali compared to where they come,” said Coworking space owner based in Bali, Biliq.
“Another reason is that Bali already had strong expatriate communities. It is easy for them to find someone who comes from the same country, speaks the same language and shares the same culture. So for them, Bali feels like a house far from home.”
