With specific resources and documents, it is possible to obtain a property and land ownership in Indonesia. The Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency has issued Regulation No. 18 of 2021 on Procedures for Determining the Right to Manage and Rights over Land.
- The relevant property positively impacts local economic and social life
- Foreigners have secured a permit from the Minister
- Residency ownership for foreign representatives
This falls into the commercial category. InCorp will provide the necessary assistance to help you obtain the property and land ownership requirements.
Land titles available in Indonesia
Once your desired land or property has been obtained, you should attain some titles. The Agrarian Law specifies several regulations concerning the titles and rights over land in Indonesia.
The price mechanism of land & property ownership in Indonesia
Foreigners must comply with the price mechanisms to obtain land & property ownership in Indonesia. The price varies in every region. Find the details below.
No | Region | Landed House | Multistory Housing |
---|---|---|---|
1 | Jakarta | IDR 10 billion | IDR 3 billion |
2 | Bali | IDR 5 billion | IDR 2 billion |
3 | Batam | IDR 3 billion | IDR 1 billion |
4 | Banten | IDR 5 billion | IDR 2 billion |
5 | East Java | IDR 5 billion | IDR 1.5 billion |
6 | West Java | IDR 5 billion | IDR 1 billion |
7 | Yogyakarta | IDR 5 billion | IDR 1 billion |
8 | Central Java | IDR 3 billion | IDR 1 billion |
9 | West Nusa Tenggara | IDR 3 billion | IDR 1 billion |
10 | North Sumatra | IDR 3 billion | IDR 1 billion |
11 | East Kalimantan & South Sulawesi | IDR 2 billion | IDR 1 billion |
12 | Other Regions | IDR 1 billion | IDR 750 million |