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  • Foreigners Now Allowed To Own Property In Indonesia

    Posted by JoseWes
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    New Regulation No. 103/2015 on House Ownership of Foreigners Residing in Indonesia Indonesia's Cabinet Secretary announced on the Tuesday the 12th of January 2016 that Indonesian President Joko Widodo signed a government regulation on the 22nd of December 2015 (Government Regulation No. 103/2015 on House Ownership of Foreigners Residing in Indones ...
    Feb 01 Tags: Untagged
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  • The Importance of a Professional Bali Property Broker

    Posted by JoseWes
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      Bali is a sought after location to live and the real estate market is one of the strongest in Bali due to rapidly expanding tourism. This isn’t surprising when you realise there are so many beautiful locations and attractions in Bali including the well known Bali Safari Park, Waterboom, Tanah Lot, Discovery Mall, Gidgit, Bali Zoo, Sobek Raf ...
    Oct 13 Tags: Untagged
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  • Freehold or Leasehold

    Posted by JoseWes
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    FREEHOLD OR LEASEHOLD There are two main types of property ownership in Bali: Freehold and Leasehold. In considering your reasons for purchasing a villa, it will quickly become clear which ownership structure is most suitable. Five or ten years ago, the leasehold structure was the preferred method of purchase in Bali, mainly as it was the easiest ...
    Dec 20 Tags: Untagged
  • Property Titles in Indonesia

    Posted by JoseWes
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    Lease villa in Indonesia The land law in Indonesia is very different from the laws in the occidental countries. Nevertheless it is possible to invest in total security by respecting carefully the proceedings. In order to do it correctly specific notaries from Bali will be necessary. About the certified land in opposition to the non-registered l ...
    Dec 20 Tags: Untagged
  • Hak Pakai Issues

    Posted by JoseWes
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    A public meeting was held at The Best Western Hotel in Kuta to discuss the crisis facing people who have bought land and property in Bali under a nominee ownership agreement. There was a large turnout of 300 people including many lawyers and advisers. It is estimated that there are 48,000 expatriates living in Bali and that there are 6,400 homes a ...
    Dec 20 Tags: Untagged
  • Bad News for Nominee Land Ownership

    Posted by JoseWes
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    (3/15/2015) Bad News for Nominee Land Ownership Agrarian Minister and National Land Agency Chief says foreigners owning land will have their lands nationalized The Minister of Agrarian Affairs who is also the head of the National Land Agency (BPN), Ferry Mursyidan Baldan, told that his office will soon survey and inventorying land “owned” by fore ...
    Mar 23 Tags: Untagged
  • Difference between Hak Pakai and Hak Sewa

    Posted by JoseWes
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    FREEHOLD Right of Ownership (Hak Milik) This refers to absolute ownership of land and corresponds to freehold title in common law terms. This right can only be held by an Indonesian citizen. It can be sold, transferred, bequeathed, and mortgaged. LEASEHOLD Right to Rent (Hak Sewa) This is the right to use, leasing land owned by another private ...
    Apr 19 Tags: Untagged
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