Holiday Home Times

Indonesia

Obtaining an Indonesia Retirement Visa

Indonesia retirement visaFor foreign nationals who have reached the age 55 years and their countries are included in the 55 countries obtaining retirement visa facility from the government of Indonesia, they can use the Retirement Visa to stay in the country for 1 year and can subsequently obtain the KITAS card from the immigration office.

This retirement visa may be extended every year for 6 consecutive years and afterwards they can obtain Read the rest “Obtaining an Indonesia Retirement Visa”

Guide to Property Buying in Indonesia as a Foreigner

 

Foreign nationals who wish to purchase property in Indonesia can experience some difficulties navigating the confusing Indonesian laws pertaining to property ownership. In this article, we will explain the law regarding property and outline what options foreigners have to own land rights in Indonesia.

Under the Land Code of Indonesia, Hak Pakai is a Rights of Usage or leasehold.  An individual foreigner is entitled to own land with the status Read the rest “Guide to Property Buying in Indonesia as a Foreigner”

Indonesia costliest country in terms of property registration: report

 

A recent report has revealed that Indonesia is the costliest country in terms of property registration compared to other Asia-Pacific countries. Property registration fee in Indonesia is worth 11 percent of the property value.

The report further said that Indonesia applies high-cost property registration despite the fact that it has become one of the indicators of doing business worldwide.

“Indonesia applies high cost property registration, which is the highest Read the rest “Indonesia costliest country in terms of property registration: report”

Bali – investing in a holiday home in ‘The island of last paradise’

BaliInvesting in a holiday home in Bali? Here’s what makes Bali the investor’s paradise. In the past couple of years several reasons including steady increase in capital value, guaranteed return on one’s investment and improvement in lifestyle have made Bali an ideal destination for anyone wanting to buy a holiday home.

A wide range of tourist attractions combined with good infrastructure and convenient connectivity with major cities have made the Read the rest “Bali – investing in a holiday home in ‘The island of last paradise’”