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.
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