The two-story villa in Bali comes with a pool.Rory JonesRory and Casey Jones built a villa in Bali for 2.287 billion Indonesian rupiah, or about $143,000.They wanted to invest in a tangible asset that would earn income and double as a retirement home.Prior to this, they had never traveled to Indonesia before.For Rory Jones and his wife Casey, building a house in Bali seemed like a good idea — even though they had never been to Indonesia.The couple, from Tasmania, Australia, dreamed of retiring early, so they spent a lot of time investing in the stock market."We got a little bit, I guess, down on the fact that we were putting this money away, but we had nothing to show for it apart from numbers on a bit of paper," Jones, 37, told Business Insider.Rory and Casey Jones built a villa in Bali.Rory JonesThey wanted a tangible asset, and after some research, they settled on the idea of building investment property overseas."We decided it gave us the ability to earn a good income, but also, a place that we could potentially retire to, in a country that was less expensive than Australia," Jones, a photographer and videographer, said.The couple had considered Thailand, the Philippines, and even Portugal, but ultimately chose Bali because their research showed that it had the highest return on investment.
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agoh@businessinsider.com (Amanda Goh), Business Insider
Sun, 05/12/2024 - 4:14pm
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