Foreigners (expats) can now buy a landed house or apartment in Indonesia (under the so-called ‘right-of-use’ category, locally known as hak pakai, which is weaker than the ‘right-of-ownership’ category or hak milik). But the Government set various requirements (including a minimum price). One of which is the new regulation that bars a foreigner from renting out his Indonesian property to other parties (authorities have the right to scrap the foreigner’s ‘right-of-use’ title if he breaches this prohibition).To subscribe please click here
