Can Foreigners Own Flat in Ciptaker Omnibus Law?

Can Foreigners Own Flat in Ciptaker Omnibus Law?
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Jakarta - In the Job Creation Omnibus Law, foreigners get several privileges. One of them is being allowed to obtain ownership rights to the flat alias flat.

 

 

It is said that foreigners are only given the right to use a single house with a period of 30 years. Then, that right can be extended for 20 years. At the maximum, the right to use can be extended for a second time with a period of 30 years. However, in the draft of the Job Creation Law there is a regulation that gives permission for foreigners to have property rights in the form of flat. This is regulated in the apartment unit for foreigners.

 

 

The right to own an apartment is regulated in article 144 paragraph 1, which reads:

Ownership rights over apartment units can be given to:

a. Indonesian citizens

b. Indonesian legal entities

c. foreign citizens who have a license in accordance with the provisions of laws and regulations

d. foreign legal entities that have representatives in Indonesia

e. representatives of foreign countries and international institutions that are located or have representatives in Indonesia

 

 

Director General of Housing of the Ministry of PUPR, Khalawi Abdul Hamid, confirmed the decree. However, it is claimed that the flat that can be owned by foreigners is only the flat that stands on land that has the status of usage rights. The flat mentioned is also in the form of a commercial or apartment, in contrast to the flat for low-income people (MBR).

Based on Article 41 paragraph (1) of the UUPA, the definition of the Right to Use is the right to use and / or collect products from land that is directly controlled by the state or land owned by other people. "Foreigners can own a flat with the right to use," said Khalawi to detikcom.

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QUICK SUMMARY

Property Id 166
Price Rp. 685.000.000
Land Area m2
Building Area 56 m2
Bedrooms 2 +
Bathrooms 1 +
Type sale
Available From Aug 06,2020
Certificate strata_title
Category Apartment
Floors 16
Electricity 2200

Marketplace

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Thomas Albertus Wiryawan
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In the beginning, I moved in the property field, it was not an easy thing, even I tend to experience a lot of failures and disappointments. But from these things I learned a lot about how to respond to these failures and find the best solution so that success can be achieved. I also never get bored to learn and find out the latest news about the property business, so I always have up to date information. And as a marketing coordinator, I also always provide updated information about Primary Property and also tips & tricks, and moral support so that marketing partners are successful in selling property offered by developers who have collaborated with us.

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