Indonesian
Government Regulation
Of the Requirements for Ownership of Residential
Or Dwelling Places By Foreigners
Amendment to the Regulation
of The State Minister of Agrarian Affairs / Chairman of the
National Land Agency No 7/1996:
Foreigner May Purchase
the Right of Utilization over land with the Right of Proprietorship
from the Holder of the said Right of Utilization along with
Houses or Purchase the Right Utilization and later contract
houses on it. The Purchase of the said Right of Utilization
shall be conducted pursuant to the effective stipulations
that are, by virtue of a deed made by a land conveyance, which
shall later be registered in the Land Office. Likewise, the
requirements for construction of houses must abide by the
prevailing stipulations, for example with respect to the Building
Construction Permit "(IMB)".
Foreigner may own a house
and obtain the title on land by means of the following:
- Purchasing or contracting a house on land with the right
utilization with the right proprietorship.
- Purchasingii an Apartment house
unit contracted iion land with
theii right of utilization iiover
State iiiLand.
- Purchasing or contracting a house on land with the right
of Proprietorship or the Right of Lease oover
building on the basis of a written agreement with the owner
of the land title concerned. |
