{"id":848,"date":"2024-09-05T22:16:33","date_gmt":"2024-09-05T15:16:33","guid":{"rendered":"https:\/\/jarjizaidan-partners.com\/dump1\/?p=848"},"modified":"2024-09-26T22:53:02","modified_gmt":"2024-09-26T15:53:02","slug":"how-foreigners-can-own-property-in-indonesia-a-guide","status":"publish","type":"post","link":"https:\/\/jarjizaidan-partners.com\/dump1\/how-foreigners-can-own-property-in-indonesia-a-guide\/","title":{"rendered":"How Foreigners Can Own Property in Indonesia: A Guide"},"content":{"rendered":"

A foreigner can own property in Indonesia, but the process is not as straightforward as in other countries. Indonesian law imposes certain restrictions on foreign ownership, particularly concerning land.<\/p>\n

A key provision under Government Regulation 18 of 2021 allows foreigners and foreign legal entities to own apartments and landed houses in Indonesia. However, this ownership is restricted to properties located within special economic zones<\/strong>, free trade zones<\/strong>, industrial estates<\/strong>, and other designated economic areas<\/strong>. Additionally, the property must meet a minimum value threshold, which varies by province.<\/p>\n

The country has become an attractive destination for foreigners seeking to invest in property, whether for personal use or investment purposes. Indonesia\u2019s unique landscapes, thriving urban centers, and emerging real estate market offer significant opportunities.<\/p>\n

How can foreigners own apartments and houses in Indonesia?<\/h2>\n

Foreigners are permitted to own apartment units and houses through the right of ownership over stacked units’ land titles (Hak Milik Atas Satuan Rumah Susun, HMSRS<\/strong>). Further, as mentioned this right is limited to apartments located within special economic zones, free trade zones, industrial areas, or designated economic zones such as tourism, suburban, or urban areas.<\/p>\n

The properties owned by foreigners are also subject to certain restrictions such as their price and land area (max 2,000 square meters).<\/p>\n

The minimum property prices that foreigners must pay are as follows:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Province<\/td>\nHouse<\/td>\nApartment<\/td>\n<\/tr>\n
Bali<\/td>\n5 billion IDR (US$324,000)<\/td>\n2 billion IDR (US$129,000)<\/td>\n<\/tr>\n
Jakarta<\/td>\n10 billion IDR (US$649,000)<\/td>\n3 billion IDR (US$194,000)<\/td>\n<\/tr>\n
Yogyakarta<\/td>\n5 billion IDR (US$324,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
Banten<\/td>\n5 billion IDR (US$324,000)<\/td>\n2 billion IDR (US$129,000)<\/td>\n<\/tr>\n
East Java<\/td>\n5 billion IDR (US$324,000)<\/td>\n1.5 billion IDR (US$97,400)<\/td>\n<\/tr>\n
West Java<\/td>\n5 billion IDR (US$324,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
Central Java<\/td>\n3 billion IDR (US$194,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
West Nusa Tenggara<\/td>\n3 billion IDR (US$194,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
North Sumatra<\/td>\n3 billion IDR (US$194,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
South Sulawesi<\/td>\n2 billion IDR (US$129,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
East Kalimantan<\/td>\n2 billion IDR (US$129,000)<\/td>\n1 billion IDR (US$64,000)<\/td>\n<\/tr>\n
Other provinces<\/td>\n1 billion IDR (US$64,000)<\/td>\n750 million IDR (US$48,700)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Types of Land Rights a Foreigner Can Utilize in Indonesia<\/h2>\n

Indonesia has a unique system of land rights, governed by the Agrarian Law of 1960. While outright land ownership by foreigners is generally restricted, specific rights can be utilized to acquire and manage property. These include:<\/p>\n