About Us
FAQ
Global Law Experts Logo
Global Law Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Indonesia’s Omnibus Law: Relaxed Foreign Ownership Laws on Real Estate | Dezan Shira & Associates

posted 3 years ago

Indonesia has made it easier for foreigners to own real estate in the country through Government Regulation 18 of 2021 (GR 18/2021), which will trigger the largest changes to Indonesia’s property laws in the last 20 years.

GR 18/2021 makes amendments to the principal land rights/titles that cover:

  • Right to manage (Hak Pengelolaan, HPL);
  • Right to cultivate (Hak Guna Usaha, HGU);
  • Right to use (Hak Pakai, HP);
  • Right to build (Hak Guna Bangunan, HGB)
  • Right of ownership over stacked units (Hak Milik Atas Satuan Rumah Susun, HMSRS);
  • Rights for underground and overground space; and
  • Land registration.

A notable provision under GR 18/2021 stipulates that foreigners and foreign legal entities can now own apartments and landed houses. However, foreigners will only be able to own apartments located in special economic zones, free trade zones, industrial estates, and other economic zones. Further, the property must be worth more than the minimum threshold – which differs depending on the province where the property is located.

Author

Find the right Legal Expert for your business

The premier guide to leading legal professionals throughout the world

Specialism
Country
Practice Area
LAWYERS RECOGNIZED
0
EVALUATIONS OF LAWYERS BY THEIR PEERS
0 m+
PRACTICE AREAS
0
COUNTRIES AROUND THE WORLD
0

Join

who are already getting the benefits
0

Sign up for the latest legal briefings and news within Global Law Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GLE