In Indonesia, property transactions involve specific taxes, especially when the ownership status shifts from freehold (Sertifikat Hak Milik/SHM) to leasehold. This situation commonly arises when a foreigner purchases property, as Indonesian law strictly prohibits foreign individuals from owning land under freehold status. Instead, the property is converted to a leasehold for a specified period, typically…
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For foreigners in Bali, leasehold is often the preferred choice for investing in property. As an alternative to full ownership or freehold title, which is still restricted by regulations, leasehold is considered more advantageous for foreigners than ownership through nominee arrangements, which often lead to legal issues in the future. Is leasehold really the best…
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Bali, often known as a dream vacation spot, is also becoming a hotspot for people looking to invest in real estate. But if you’re a foreigner thinking about investing in Bali’s property market, deciding between owning a property outright (freehold) or renting it for a specific period (leasehold) can be pretty tricky. In this detailed…
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