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Indonesia is the biggest country in Southeast Asia and as wide as the distance from Paris to Kabul. In the coming years, Indonesia will see a great transformation as people urbanize and get higher disposable incomes.
The country will drive the eCommerce boom in Southeast Asia in the coming decade and investing in commercial real estate and land here has become increasingly interesting to foreign investors.
At the moment, foreign ownership regulations aren’t favorable and some of the toughest in the region. But, this is something that the government is clearly aware of, a reason why we will hopefully see changes to the regulations in the near future.
For example, according to the government, foreigners would be able to own real estate under the same conditions as locals, something I believe is unlikely.
With that said, they have indicated that foreigners will be able to buy real estate with “right to build” titles, which has been described as a “game-changer” among local agents.
Investing in land in Indonesia is still difficult and something that requires due diligence and great scrutiny. Therefore, I have written this article where I explain how you can buy land in Indonesia as a foreigner.
Topics covered:
- Can foreigners buy land in Indonesia?
- Buying Land Through a PT PMA Company
- The Importance of Zoning
- Land Prices in Indonesia
- Taxes
- FAQ
Can foreigners buy land in Indonesia?
As explained in my separate article that explains how foreigners can buy real estate in Indonesia, the country has some of the most stringent foreign ownership regulations in Asia.
It does not come as a surprise that foreign land ownership is out-ruled. Continue reading How to Buy Land in Indonesia: A Complete Guide