Foreigners can now have land in Indonesia
Land ownership in Indonesia | Starting from early 2015, foreigners also have the right to own land in Indonesia.
Government Regulation No. 103/2015 on House Ownership of Foreigners Residing in Indonesia signed by the Indonesian President Joko Widodo comes as a great support to foreigners.
In Indonesia, a foreigner can now obtain land for 3 different purposes with the following certificates:
1- Hak Guna Bangunan – Right to Build
2- Hak Guna Usaha – Right of Cultivation
3- Hak Pakai – Right to Use
Did you know that foreigners can now own land in#Indonesia?
The main benefit comes with Hak Pakai, which allows a foreigner to buy either a landed house or an apartment in Indonesia.
An investor can apply to Hak Pakai when:
* Having a foreign owned company (PT PMA)
* Having a local company
* Being a natural person with a valid work and stay permit (KITAS)