Property in Bali

Property in Bali, Bali property and real estate in Bali, land house villa home sale and rental, Submit your property for free, find more about real estate tips

Bali real estate
Menu

Government regulation PP No. 103 – 2015

March 20, 2016 | Bali property, Blog

Government regulation PP No. 103 – 2015 . This is new regulation about foreigners ownership regarding home and property at Indonesia. Finally, foreigners can have a property in Bali – Indonesia.  The polemics regarding the legal ownership of a house or dwelling by strangers ( foreigners )  seem to be terminated.  President Joko Widodo has signed Government Regulation PP. ( peraturan pemerintah )  No. 103 – 2015 about Home Ownership Housing or Residential by Foreigners Domiciled in Indonesia. 

  PP number 103 / 2015 : Dwelling house ( real estate / Property ) by foreigners that domiciled in Indonesia. Herewith the global resume about the regulation.

Consideration :

UU_NO_5_1960 

UU_NO_6_2011

Government regulation PP No. 103 – 2015

Formulate and decide :

Clause 1 : Stranger is not Indonesian citizen , stranger stay / domiciled in Indonesia, whose existence benefit , do business , work or invest in Indonesia.  About object owning, property and real estate in Indonesia, a house, land kavling and an Apartment.

Clause 2 : Stranger / foreigners can own property / real estate in Indonesia ( including Bali ) . a foreigner that can own property is a foreigner with holder permit stay at Indonesia. The property can be inheritable if the foreigners died. 

Clause 3 : The Indonesian citizen whom married with foreigner, can own land on certificate same right as an Indonesian citizen. 

Clause 4 : The foreigners can own a property in Indonesia on the Right use ( hak pakai )

Clause 5 : same above (detailing )

Clause 6 : About Right to use ( hak pakai ) time : At the beginning can allow to 30 years, phase II can be extend to 20 years, phase III can extend to 30 years.

Clause 7 : same above ( detailing ) 

Clause 8 : Foreigners can owning the property as above as long as they has staying permit in Indonesia.

Clause 9 : The foreigners name and time to use ( clause 7 )  has to write on Certificate papers

Clause 10 : about foreigners heir ( ahli waris )

Clause 11 : Procedures for discharge, administration and transfer of property rights stipulated in the ministerial decision..

For more detail regarding this Government regulation PP No. 103 – 2015  you can download here at PP_Nomor_103_Tahun_2015 ttg pemilikan rumah tempat tinggal atau hunian oleh orang asing yang berkedudukan di Indonesia

Government regulation PP No. 103 - 2015

Government regulation PP No. 103 – 2015

 

Related For Government regulation PP No. 103 – 2015