Residents in East Kuningan, South Jakarta, challenge the planned construction of a new Indian embassy. They allege the project was approved without their approval. Lawyer David Tobing, representing the residents who live near the embassy, says over 20 of them strongly oppose the project and have filed a lawsuit to revoke the building permit. Violation of Law The problem seems to be the legality...

Real estate investments in Bali always starts with a dream. The dream comes in many different ways and different values. I remember back about 20 years ago the dream was to just be and have a part of paradise. It was a place to detach from hectic life back home, and at the same time attach to something different and something strong, the Balinese people and their culture. The Island of the Gods....

Owning a rental property can be a rewarding investment, offering a steady income stream and the potential for long-term wealth creation. However, managing a rental property can be a time-consuming and complex endeavor. This is where third-party professional property management companies come in.  Scope of Property Management in Business Bali's charm as a global destination continues to rise,...

Land and building ownership status for foreigners or foreign legal entities in Indonesia is limited to rights to use (Hak Pakai) and leasehold for a certain period of time, ownership rights for flats and apartments. Foreigners or foreign legal entities are not allowed to have property with freehold title (Hak Milik in Bahasa Indonesia), HGU (Hak Guna Usaha or Right to Cultivate) and HGB (Hak Guna...

Bali, the Island of the Gods, is synonymous with breathtaking landscapes with vibrant culture, and an undeniable charm. But beyond its beauty, there’s also a potential property market, making it a prime destination for investors seeking business opportunity. Let's find out the compelling reasons why Bali should be at the top of your real estate investment list.   1. Diverse portfolio for...

Indonesia's property market is filled with optimism in 2024. This positive outlook is fueled by some factors, including steady economic growth, increasing purchasing power, and supportive government policies. Let's dig in into the key drivers shaping this encouraging trend for the property and real estate sector.   Opportunities for Indonesia Property Business  Indonesia's economy...

For foreign investors looking to own property in Indonesia, understanding the legal side of things can feel overwhelming, but a PT PMA can help simplify it. This article explores the advantages of establishing a PT PMA (Perseroan Terbatas Penanaman Modal Asing), a limited liability company with foreign direct investment, to discover the benefits of property ownership in Indonesia. PT PMA as Legal...

Bali's throne as a top tourist destination in Indonesia and on the global scale remains unchallenged. In 2023, Indonesia's Central Bureau of Statistics recorded that Bali had welcomed around 15 million international tourists. This number is expected to increase further in 2024, which will contribute to the bright prospects of the Bali property market. The knock-on effect is the increasing...

Owning property in Indonesia can be restrictive for foreigners, making leasing a popular option for both residences and businesses. This article guides foreign residents in Indonesia through navigating property lease agreements. We'll explore key aspects like lease terms, essential clauses, and legal considerations. By understanding these points, you can secure a comfortable and legally safe living or...

As a classic choice of investment, the attraction of real estate business to build wealth is undeniable. It offers the potential for steady rental income and long-term capital appreciation. But for many, the high upfront cost of buying a whole property is still a significant barrier. This is where fractional ownership investment steps in, offering a compelling alternative for aspiring real estate...