It is a great idea when you decide to invest
your capital in our beloved country because
we have what you might want: natural
products of our protected nature. At
the moment, we have several great business opportunities
that may suit you needs. However, due to some
constraints, we cannot realize them without
your immediate involvement. That's why we invite
you to come and joint us at once. We hope that
you will take advantage of many the free services
on our Web site. If you have time traveling
or visit to Bali and Lombok island Indonesia
we organize offerings real estate and property
sales including lands, houses, apartments, hotels,
and shops in Bali and Lombok island or have
any investment ideas involved Agriculture's,
Fisheries, Forestry's, Mining, Industries, Tourism
and Investment, Properties Investment sectors
that you feel would be of value to our visitors.
We are consulting and real estate agency professionals
property and investment services for overseas
investors and executives as followings:
How To Acquire overseas investors property
in Bali and Lombok Island Indonesia.
Under Indonesian law foreigners are not allowed
to own freehold property title in Indonesia.
However non-Indonesians can legally acquire
property and enjoy the full rights of property
ownership through a number of alternatives summarized
as follows:
1. Freehold (Hak Milik)
Enter into a legal agreement with and Indonesian
nominee, either and individual or a company,
whereby they hold the title to the property.
Simultaneously enter into a power of attorney,
handing over full rights from the Indonesian
nominee to the foreign party.
2. Lease
Make a leasehold agreement investment in the
foreigner's own name, usually for 20-30 years,
which is extendable. This method does offer
full legal protection to the foreigner during
the term of the lease; however, once the lease
term has expired the property reverts to the
owner unless extended.
3. Corporate ownership
Form a foreign investment company, which can
be solely owned by a foreigner, and the title
of the property will be in the company name.
However, title in this case will last up to
30 years, as companies have to re-apply to the
Indonesian Government to extend their license
for a further period.
SIMPLE WAY foreigners own property in Indonesia
A. TITLE
There are a number of different types of title
in Indonesia:
1. Hak Milik (Freehold) is the type of title
that can only be held by an Indonesian citizen.
2. Hak Pakai (essentially leasehold title) and
other forms of title can be held by a P.T. or
PMA Company (Foreign Investment Company).
A non-Indonesian
citizen cannot own land in Indonesia. However
a foreigner can acquire a leasehold title to
a building - almost the same as a strata title
except that the title lasts only for 25 years
with an extension of 30 years for a maximum
of 55 years and then reverts to the original
owner (lessor).
Buying Land
By Indonesian law a foreigner can not own land
in Indonesia.
If a foreigner chooses, he/she can own land
'indirectly'. To do this you need to have an
agreement between the foreigner and an Indonesian,
signed with the witness of a notary public.
In the agreement the Indonesian is the 'legal
owner' while acknowledging that the foreigner
is the 'rightful owner' of the land and thus
the Indonesian owner would carry out any instructions
from the foreigner regarding the land, including
selling the land at certain price with the funds
to be paid to the foreigner owner.
B. SOLUTION
There are 2 ways for foreigner to own the land
in Indonesia:
1. Using the Nominee
The Nominee will sign four documents with the
foreigner as follow:
1. A Loan agreement: acknowledges that the foreigner
has lent to the Nominee the purchase price of
the land.
2. A Right of Use agreement: allows the foreigner
to use the land.
3. A Statement Letter: where the Nominee acknowledges
the foreigners loan and intention to own the
land.
4. Power of Attorney: Nominee sign an irrevocable
Power of Attorney giving the foreigner the complete
authority sell, mortgage, lease or otherwise
deal in the land.
5. And are availability personals name Indonesian
nominee for along period or forever period to
be advice
6. Our lawyers are availability
2. Using the PMA
The most significant change in Indonesian investment
law came in 1997 when the government introduced
the PMA (Penanaman Modal Asing or Foreign Investment
Company). This allows foreign investors to set
up a company in Indonesia, without having to
have Indonesian partners. The PMA can be 100%
owned by the foreign investor. PMA companies
are allowed to own the title of the property
for a period 25 years and have to be renewed
by the government.
To set up a PMA, you will be required to:
1. Submit the detailed business plan.
2. Operate in a business environment that adds
value to Indonesia in terms of foreign skills,
employment and environmental benefit.
3. Make an appropriate cash deposit in an Indonesian
based Bank. The amount varies and is calculated
from the capital employed in the business.
4. Show the property investment as an asset
of the company.
The process takes approximately 3 or 4 months
and once its completed; the company can apply
for work permits for the foreign directors,
3 permits in the first year of operation. The
cost to setting up the PMA is between IDR 30
to 40 Million or equivalent with USD 4,500.
C. NOTARIES
You should NEVER make any payment before all
the necessary Hak Milik checks are done. Preferably
you should do all financial transactions via
the account of a reliable notaries.
You should make sure your notaries is reliable.
Not all notaries in Bali and Lombok can be trusted.
Some notaries may conspire with an owner or
with someone who pretends to be the owner, with
the mere purpose to get your money instead of
taking care of your interests. If you know any
foreigners who already live in Bali or Lombok
island, you could ask their recommendations.
By law the transaction of a free hold certificate
(by means of an "Akta Jual Beli") must take
place via a notaries who resides in the district
(Kabupaten) where the property is located. All
other agreements and contracts regarding a transaction
may be legalized with any notaries in any part
of Indonesia.
D. FEES
1. Notary: 1% - 1.5% of the value of the transaction.
2. Seller Tax & Buyer Tax: seller and buyer
pay 5% each of tax value added.
3. Mortgage Certificate: 2% of value of mortgage.
Bali & Lombok Global Investment services is
available to assist in the above ownership process
either by recommendation of Indonesian nominees
or advice in the formulation of ownership agreements
to actual closure of the sale. However it is
important for Lombok Global Investment services
client's to obtain legal advice at all time
in securing a property in Bali & Lombok island
Indonesia.
Remember.. Bali & Lombok Global Investment
services to built on recommendations from our
satisfied clients, we are here to assist in
the successful acquisition of your dream buying
real estate and property in Bali Lombok Island
Indonesia backed by our extensive expertise
in the matters.
Everything in short about our business brokerage;
we are broker in Bali Lombok island offerings
commercial real estate and property sales agent
including lands for sale, houses for sale, rental
apartments, hotels for sale, and shops for sale
in Bali and Lombok island, we have team works
scope activities planning and project construction
professionals properties investment services
and also the biggest international Bali Lombok
commercial real estate and properties located
on the world's most popular tourist destinations
in Bali and Lombok island Indonesia. The other
property for sale or leasing from lands and
flatlands for sale, rental private house, home,
villas for sale, bungalows for sale, rental
apartments, hotels to shops at many attractive
locations, you do not worry selecting commercial
areas and productive works such as city centers
on the next shopping areas, located villages,
riverside, lakeside, forests side, beachfront,
hilltop, flatlands models, rice fields, valleys
and also we arrange vacation a private luxurious
villas residences rental holidays also small
hotels, villas private home with swimming pool
residential for sale complete facilities on
Bali and Lombok island Indonesia, surf we sale
Bali properties and Lombok properties listed
by owner
Property listings of Bali and
Property listings of Lombok.
Especially we arrange investment services foreign
and domestic investors and executives buying
property list based on Bali and Lombok Island
Indonesia, The region where we running
our real estate business is the most charming
and interesting "Untouched areas" that
of course must be great places to your holiday
programs the lowliness of Whitsunday beaches
and powerfully cultural attractions are just
nothing short of magic. The region is really
a right place to find the rest Asian Primitive;
prehistorically whiteness or all breathtakingly
items. Started from the above matter, with highly
recommendations from the many of those have
ever spent their good time here with us, we
would love to have contact in sending more and
more visitors to come to the region. And by
the chance, we found your contact address the
internet which we think may have possibility
to corporate with. Therefore, as a well running
your business investment organize Agriculture,
Fisheries, Forestry, Mining, Industry, Tourism
Business Investment Commercial Real Estate and
Property Investment sector Bali and Lombok island
Indonesia.
We do hope that you kindly would like to build
and create Bali and Lombok business information
services Indonesia, and more we organize follow-up
business information services offering Agriculture,
Fisheries, Forestry, Mining, Industry, Tourism
Business Investment Real Estate and Property
Investment sector also cooperate the choice
of yours the above sectors, so you can read
a more main scope business activities effective
day internet's click
main scope business activities information effective
days internet Bali and Lombok island has been
involved.
Please do not hesitate to contact us if there
is anything interest you, or you may need us
to informs anything you need to know more about
Indonesia tourist destination and your ideas
for Agriculture, Fisheries, Forestry, Mining,
Industry, Tourism and Investment, Property Investment
the above sectors. We indeed will be more than
just glad to reply you.
Thanks for your kind attention.
Yours Respectfully
|
 |
|
I KOMANG SATYA BUDI BBA
Programmers | Middleman
mobile: +62 8123761387
local mobile: +62 370 6659535
|