January 27, 2021

Для тех, кто хочет или уже владеет активами в Индонезии, заметка юриста

The Indonesian government restricts foreign ownership of a ‘freehold’ land (Hak Milik) (Article 21 (1) Undang-Undang Pokok Agraria (Indonesian Agrarian Law No. 5/year 1960)).

Foreigners can still own land if the title of the land is ‘Hak Guna Bangunan’, or ‘Hak Pakai’ (Article 41 and Article 42, of the same law).

The Indonesian government only allows foreigners to ‘own’ properties, such as an apartment in an apartment block, or a house in a housing estate with some conditions/requirements (for example, the foreigner has to have a KITAS and a work permit and the house/apartment must be of a certain price set by the government) (Government Regulation No. 103/2015 on House Ownership of Foreigners Residing in Indonesia, Government Regulation no. 41/1996)

As for ‘Nominee agreements’ for foreigners,
although it’s a common practice, we are all aware that such arrangements are risky for everyone involved.

Usually the validity of such an agreement won’t hold up in court, especially if the court can prove there’s a bad faith in the making of the agreements (a bad faith, for example, intentionally circumventing existing Indonesian regulations that forbid foreigner to own a Hak Milik land by setting up a nominee arrangement, etc).

That’s why we need to avoid the case goes to court because everyone will lose.

Пробуйте воду ногой.
Ныряйте только там, где вы знаете дно.