A PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a foreign-owned limited liability company in Indonesia. Setting up a PT PMA is a common way for foreigners to invest in Bali real estate. This company structure can hold land titles that foreigners individually cannot, such as Hak Guna Bangunan (HGB – Right to Build)​. Through a PT PMA, a foreign investor can effectively own property with a long-term HGB title (initially 30 years, extendable up to 80 years) and even mortgage or resell the property under the company’s name​. You might need a PT PMA if you want to purchase what is essentially a freehold property (land or villa) as a foreigner – the PT PMA becomes the legal owner of the land (holding HGB or usage rights), and you own the company. Forming a PT PMA involves administrative effort and costs, so it’s usually pursued by those looking at significant investments or commercial ventures. In summary, you do not need a PT PMA for a straightforward leasehold purchase, but if your goal is to hold property in a more secure, long-term way akin to ownership (or to run a business on the property), establishing a PT PMA is the safest legal route for foreign ownership in Bali​.