ARIE HUTAGALUNG & PARTNER

FOREIGN OWNERSHIP LAND/PROPERTY

Taken from “Indonesian Land Law (In a Nutshell)” – Prof. Arie S. Hutagalung, SH.,MLI.

ARIE HUTAGALUNG & PARTNER

https://profariesukantihutagalung.wordpress.com/

INDONESIAN LAND & PROPERTY LAW LEGAL SERVICES

Jl. Suryo No. 12, Kebayoran Baru, Kel. Rawa Barat Kec. Kebayoran Baru, Jakarta Selatan 12180. Telp : (021) 7209052 / 7209042. Fax : (021) 7247319
Email: asukanti@cbn.net.id

Legal Consultant on real estate, land and property laws, strata title system in Indonesia, consumer banking, and legal corporate works, for several banks and entities

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Recent legislation, particularly Government Regulation No. 41 of 1996 (GR 41/96), has modified the ability of resident foreigners to own homes in Indonesia. GR 41/94 builds on a slightly earlier Government Regulation – No. 40 of 1996 (GR 40/1996) – as well as the new Mortgage Law (Law No. 4 of 1996), so that all three need to be read together to obtain a full picture.

Taken as…

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