Question and Answers
about Own Land in Indoensia
1. Can a foreigner own
land in Indonesia?
There are three ways a foreigner can own property in
Assigning an indonesian nominee.
Founding a company.
2. How long does it take before I am the owner?
Ownership takes effect immediately on signing. A
typical transaction can be completed as quickly as
it takes for funds to be tranfered from Buyer to
Seller. The Notaris acts as a neutral party by
holding the ownership documents until the agreed sum
has been transfered.
3. Do I need a solicitor / legal Advocate?
No. In Indonesian law, the Notaris (Registra of
Property) acts as a neutral party on behalf of the
Buyer and Seller.
Apart from the services provided by the Notaris
(which usually costs between 1 and 1,5 percent of
the agreed selling price) there are government taxes
to be paid. This is usually 10 percent, split evenly
between Buyer and Seller on the declared value of
5. What is the cost of living in Indonesia?
Energy costs (Fuel/electricity/water) are extremely
low, as are the costs of domestic help. (i.e.
maid/gardener/security/pool maintanance etc...)
6. What should I know about Indonesian property law?
For foreigners, there are basically three options to
legally secure a property in Indonesia.
7. Question: How can I
convert among the different land measurement units?
1 are = 100 m2
1 acre = 40 are = 4.000 m2
1 hectare = 100 are = 10.000 m2 = 2,5 acre.
Lombok Rental Properties
Fax Number : 0370 - 692035
Whatshapp : +62 081339522032
Mobile Number : +62 081803684982
Website : http://www.lombokrental.com
e-mail address : email@example.com
Jl.Tenggiri no.15 BTN Green Valley Senggigi -
Lombok, Indonesia, Post Code 83355