Expats Buying Luxury Homes and Condos to Pay 20 Percent Tax
The government has given foreigners permission to own homes, but only under certain provisions. Now, buyers must pay a new...
foreign property ownership in Indonesia
Jokowi Signs New Government Regulations on Foreign Property Ownership
In December, President Joko Widodo signed a Government Regulation (Peraturan Pemerintah, PP) on foreign home ownership in Indonesia. The president’s decision...
Indonesia Ready to Let Expats Own Apartments, Hopes to Jumpstart Economy
The Government will allow foreigners to own apartments in the archipelago in a bid to kick-start the nation’s slowing economy...