Legal Advice on Land Acquisition

Several years ago, laws were passed to make it easier for foreigners to hold 70-year leases on land. In 2020, foreigners were then made allowed to own apartments through 30-year lease agreements with possible 20 year extensions. One can obtain, but not own, landed houses through a lease contract.

The freehold title (Hak Milik, or Right of Ownership), is only given to an Indonesian national. But with current regulations in place, a foreign- er is able to buy a property in Indonesia via a PT PMA company. After the purchse, one is later able to request a Hak Guna Bangunan (HGB, or Right to Build). With a HGB, your company’s name will be in the land cetificate registered with the Indonesian Land Office. With a small fee, the HGB title can be converted into a Hak Milik title, thus allowing one to hold a proper freehold certificate in one’s company name.

Komodo Flores Property is able to smoothly guide you through the process of land acquisition. We understand that the process of buying property in Indonesia can be confusing, so we look to our collective team of qualified lawyers and notaries to further guide and clarify each step.

The process of land acquisition in Indonesia can be broken down into several steps. The attached articles below provide insight into the procedure. 

http://www.expat.or.id/info/buyingproperty.html
http://www.expat.or.id/info/ownershiprights.html

For more personalised details, please feel free to contact us. We can help in customising your personal acquisition needs.