IN­DONE­SIA PLANS TO LET FOR­EIGN­ERS OWN PROP­ER­TIES

Indonesia Expat - - Business Profile -

The In­done­sian gov­ern­ment is re­port­edly work­ing to re­lease a new land bill that will al­low for­eign­ers to own their own prop­er­ties un­der the build­ing-use per­mits. This comes as a huge change for for­eign­ers and ex­pa­tri­ates in In­done­sia who can­not legally own a prop­erty or con­trol prop­erty and land con­struc­tion be­fore, based on the build­ing-use per­mits.

Re­cently, Agrar­ian and Spa­tial Min­is­ter So­fyan Djalil said that the gov­ern­ment de­cided to change the reg­u­la­tion. “In the bill, the gov­ern­ment pro­poses sev­eral changes, in­clud­ing to al­low for­eign­ers to have apart­ments, whose con­struc­tion li­censes are in the form of HGB,” the min­is­ter re­vealed as quoted by

The Jakarta Post.

Djalil re­minded that the bill is not fi­nal and the gov­ern­ment will still need to dis­cuss on a few things be­fore sub­mit­ting the pro­posal to the House of Rep­re­sen­ta­tives for de­lib­er­a­tion.

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