IL&P – The most frequently asked question we hear is “I heard foreigners cannot own freehold land in Indonesia – so how can we invest?”. Could you summarize the titles under which a foreign person or entity can legally hold land in Indonesia.
Peter Fanning -‐ In summary:
Hak Milik (equivalent to freehold) can be owned only by Indonesian citizens, and evidence is a registered Torrens-‐style title. Such owners fully own freehold as it is generally understood.
HGB and HGU are leaseholds which can be owned by Indonesian citizens or companies (which includes Indonesian companies owned by foreigners -‐ PMAs), and evidence is a registered Torrens-‐style title ........
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